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Trending ETFs

Name

As of 06/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.15

$6.68 M

0.00%

6.75%

Vitals

YTD Return

9.3%

1 yr return

19.6%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$6.68 M

Holdings in Top 10

36.5%

52 WEEK LOW AND HIGH

$7.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 6.75%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 14.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.15

$6.68 M

0.00%

6.75%

PAHSX - Profile

Distributions

  • YTD Total Return 9.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.20%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    PGIM Jennison NextGeneration Global Opportunities Fund
  • Fund Family Name
    Prudential
  • Inception Date
    Sep 14, 2021
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Donnelly

Fund Description

Under normal circumstances, the Fund will invest primarily in equity and equity-related securities of small and medium capitalization companies located around the world. For purposes of this policy, the Fund considers small and medium capitalization companies to be those companies that have market capitalizations at time of purchase that are less than the largest market capitalization included in the MSCI All Country World Small Mid Cap Index (USD) (the “Index”) during the most recent 3-year period. Under normal market conditions, the subadviser expects that the weighted average market capitalization of the Fund will not exceed $50 billion. The approximate range of market capitalizations from the smallest to the largest constituent included in the Index at each month end during the 3-year period ending on December 31, 2023, was $8 million to $74 billion. As of December 31, 2023, the Index included companies with approximate market capitalizations ranging from $74 million to $66 billion. The Fund is not sponsored by or affiliated with MSCI.Equity and equity-related securities include, but are not limited to, common stocks, securities convertible or exchangeable for common stock or the cash value of common stock, preferred stocks, warrants and rights that can be exercised to obtain stock, investments in various types of business ventures including partnerships and business development companies, investments in other mutual funds, exchange-traded funds (“ETFs”), securities of real estate investment trusts (“REITs”) and income and royalty trusts, structured securities including participation notes (“P-Notes”), structured notes (“S-Notes”) and low exercise price warrants (“LEPWs”) or other similar securities and American Depositary Receipts (“ADRs”) and other similar receipts or shares, in both listed and unlisted form. The Fund may also invest in A-Shares using the Hong Kong-Shanghai Stock Connect program and other similar programs.Under normal circumstances, the Fund expects to invest in at least three different countries and invest at least 40% of its investable assets in foreign securities. The Fund may invest up to 50% of its investable assets in the securities of issuers located in or otherwise economically tied to emerging markets countries (identified by the subadviser as countries classified by MSCI as emerging and frontier markets or otherwise deemed by the subadviser to be emerging markets). The Fund’s investments in foreign securities may be lower if conditions are not favorable, but such investments will not be lower than 30% of the Fund’s investable assets. The Fund’s investments may be U.S. or non-U.S. dollar denominated. The Fund may from time to time be geographically concentrated and may invest a substantial amount of its assets in securities of issuers located in a single country or a small number of countries.In deciding which securities to buy, the Fund’s subadviser employs a growth investment style. As part of this growth investment style, the Fund seeks to invest in companies in the early stages of accelerating growth, with sustainable competitive advantages, long-term structural growth drivers, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders. The subadviser may consider selling or reducing a portfolio holding due to an unfavorable change in that portfolio holding’s fundamentals, such as a weakening financial or competitive position, change in company strategy or business model, or a significant change in management or governance issues. The emergence of what is believed to be a more attractive portfolio candidate may also lead to eliminating or reducing the weight of a position in the Fund. A stock's price decline does not necessarily mean that the subadviser will sell the stock at that time.The Fund is “non-diversified” for purposes of the Investment Company Act of 1940 (the “1940 Act”) which means that it can invest a greater percentage of its assets in fewer issuers than a “diversified” fund.
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PAHSX - Performance

Return Ranking - Trailing

Period PAHSX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.3% -44.3% 9.5% 96.79%
1 Yr 19.6% -51.1% 24.7% N/A
3 Yr N/A* -6.4% 28.0% N/A
5 Yr N/A* -4.2% 18.3% N/A
10 Yr N/A* 1.0% 13.7% N/A

* Annualized

Return Ranking - Calendar

Period PAHSX Return Category Return Low Category Return High Rank in Category (%)
2023 19.1% -50.5% 18.8% N/A
2022 -41.2% -27.4% 103.5% N/A
2021 N/A 3.5% 66.4% N/A
2020 N/A -64.5% 5.6% N/A
2019 N/A -9.3% 49.7% N/A

Total Return Ranking - Trailing

Period PAHSX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.3% -44.3% 9.5% 96.79%
1 Yr 19.6% -51.1% 24.7% N/A
3 Yr N/A* -6.4% 28.0% N/A
5 Yr N/A* -4.2% 18.3% N/A
10 Yr N/A* 1.0% 13.7% N/A

* Annualized

Total Return Ranking - Calendar

Period PAHSX Return Category Return Low Category Return High Rank in Category (%)
2023 19.1% -50.6% 18.8% N/A
2022 -41.2% -27.4% 103.5% N/A
2021 N/A 3.5% 66.4% N/A
2020 N/A -64.5% 5.6% N/A
2019 N/A -9.3% 53.2% N/A

NAV & Total Return History


PAHSX - Holdings

Concentration Analysis

PAHSX Category Low Category High PAHSX % Rank
Net Assets 6.68 M 2.31 M 71.6 B 92.50%
Number of Holdings 47 31 9561 95.63%
Net Assets in Top 10 2.49 M 452 K 5.44 B 60.00%
Weighting of Top 10 36.46% 4.2% 63.4% 12.50%

Top 10 Holdings

  1. MercadoLibre Inc 5.27%
  2. TopBuild Corp 4.41%
  3. Vertiv Holdings Co 4.02%
  4. Ferrari NV 3.92%
  5. Fairfax Financial Holdings Ltd 3.75%
  6. AZEK Co Inc/The 3.25%
  7. Fair Isaac Corp 3.04%
  8. elf Beauty Inc 3.00%
  9. Appfolio Inc 2.93%
  10. Monday.com Ltd 2.86%

Asset Allocation

Weighting Return Low Return High PAHSX % Rank
Stocks
98.12% 40.59% 104.41% 71.88%
Cash
2.20% -4.41% 47.07% 21.25%
Preferred Stocks
0.00% 0.00% 1.04% 78.13%
Other
0.00% -7.94% 19.71% 83.75%
Convertible Bonds
0.00% 0.00% 7.55% 78.13%
Bonds
0.00% 0.00% 8.07% 78.13%

Stock Sector Breakdown

Weighting Return Low Return High PAHSX % Rank
Healthcare
25.13% 0.00% 28.38% 3.13%
Industrials
17.96% 0.00% 53.77% 70.63%
Consumer Cyclical
14.15% 0.00% 71.20% 6.88%
Technology
12.83% 0.00% 93.40% 71.88%
Consumer Defense
10.55% 0.00% 52.28% 18.75%
Basic Materials
5.94% 0.00% 26.39% 43.13%
Financial Services
5.93% 0.00% 75.07% 67.50%
Real Estate
3.87% 0.00% 43.48% 55.63%
Energy
3.63% 0.00% 36.56% 85.63%
Utilities
0.00% 0.00% 70.33% 92.50%
Communication Services
0.00% 0.00% 23.15% 95.63%

Stock Geographic Breakdown

Weighting Return Low Return High PAHSX % Rank
US
75.44% 6.76% 79.19% 28.75%
Non US
22.68% 12.39% 83.06% 81.88%

PAHSX - Expenses

Operational Fees

PAHSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 6.75% 0.43% 2.93% 41.88%
Management Fee 0.96% 0.30% 1.25% 74.38%
12b-1 Fee 0.25% 0.00% 1.00% 43.21%
Administrative Fee N/A 0.03% 0.15% N/A

Sales Fees

PAHSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.50% 5.75% 56.00%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PAHSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PAHSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 7.00% 145.00% 8.89%

PAHSX - Distributions

Dividend Yield Analysis

PAHSX Category Low Category High PAHSX % Rank
Dividend Yield 0.00% 0.00% 14.18% 81.25%

Dividend Distribution Analysis

PAHSX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Annually Annually

Net Income Ratio Analysis

PAHSX Category Low Category High PAHSX % Rank
Net Income Ratio -1.20% -1.92% 6.98% 94.90%

Capital Gain Distribution Analysis

PAHSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

PAHSX - Fund Manager Analysis

Managers

John Donnelly


Start Date

Tenure

Tenure Rank

Sep 14, 2021

0.71

0.7%

John Donnelly, CFA, is a global and international SMid cap equity portfolio manager. He joined Jennison in October 2019. Prior to Jennison, he was a partner and global long/short equity portfolio manager at Garelick Capital Partners. Earlier in his career, he worked at Loomis Sayles & Co. as an equity analyst and Chestnut Partners as an investment banking analyst. John earned a BA in history from Middlebury College.

Mark Baribeau


Start Date

Tenure

Tenure Rank

Sep 14, 2021

0.71

0.7%

Mark B. Baribeau, CFA, is a managing director, the head of global equity, and a global equity portfolio manager. He joined Jennison Associates in April 2011. He was previously with Loomis Sayles for more than 21 years, where he was lead portfolio manager for the Global Equity Opportunities strategy, beginning in 2005. In addition, he managed large cap growth portfolios from 1992 to 2010, serving as lead manager from 1999 to 2010. Prior to his tenure at Loomis, Mark was an economist at John Hancock Financial Services. He received a BA in economics from the University of Vermont and an MA from the University of Maryland. Mark has a CFA designation and is a member of the Boston Security Analysts Society and the National Association of Business Economists.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 39.6 7.02 9.33