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Trending ETFs

Name

As of 06/21/2024

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

$20.70

$139 M

0.84%

$0.17

1.38%

Vitals

YTD Return

11.2%

1 yr return

32.3%

3 Yr Avg Return

5.7%

5 Yr Avg Return

11.4%

Net Assets

$139 M

Holdings in Top 10

59.4%

52 WEEK LOW AND HIGH

$20.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.38%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 39.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/21/2024

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

$20.70

$139 M

0.84%

$0.17

1.38%

PFSAX - Profile

Distributions

  • YTD Total Return 11.2%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 11.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.25%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    PGIM Jennison Financial Services Fund
  • Fund Family Name
    Prudential
  • Inception Date
    Mar 13, 2000
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jonathan Shapiro

Fund Description

The Fund seeks investments whose prices will increase over time. The Fund normally invests at least 80% of its investable assets in equity and equity-related securities of financial services related companies. The Fund defines financial services related companies as any company that is categorized, based on Global Industry Classification Standard (“GICS”) industry classifications, as they may be amended from time to time, within the Financials sectoras well the financial services related GICS sector: Real Estate. The term “investable assets” refers to the Fund’s net assets plus any borrowings for investment purposes. The Fund’s investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions.The Fund invests primarily in securities of issuers in the United States, although it may also invest in securities of issuers in countries throughout the world. The Fund’s investments in the securities of non-U.S. issuers, which are referred to as “foreign securities,” include stocks and other equity-related securities. The Fund may invest up to 30% of its total assets in foreign securities.The Fund may participate in the initial public offering (“IPO”) market.The Fund's investment process focuses on stock selection through fundamental analysis. Fundamental analysis of a company involves the assessment of such factors as its business environment, management quality, balance sheet, income statement, anticipated earnings, revenues and dividends, and other related measures or indicators of value. The subadviser uses this “bottom-up” approach to identify stocks it believes have favorable risk/reward profiles.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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PFSAX - Performance

Return Ranking - Trailing

Period PFSAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.2% -14.0% 15.8% 7.78%
1 Yr 32.3% 7.6% 34.4% 12.22%
3 Yr 5.7%* -21.7% 16.3% 43.33%
5 Yr 11.4%* -5.9% 17.9% 17.78%
10 Yr 6.3%* -0.9% 13.7% 58.90%

* Annualized

Return Ranking - Calendar

Period PFSAX Return Category Return Low Category Return High Rank in Category (%)
2023 13.3% -12.2% 29.3% 24.44%
2022 -19.9% -56.2% 9.4% 62.22%
2021 14.6% 1.6% 54.4% 85.56%
2020 10.0% -41.2% 61.3% 15.56%
2019 32.6% 10.5% 97.3% 6.67%

Total Return Ranking - Trailing

Period PFSAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.2% -14.0% 15.8% 7.78%
1 Yr 32.3% 7.6% 34.4% 12.22%
3 Yr 5.7%* -21.7% 16.3% 43.33%
5 Yr 11.4%* -5.9% 17.9% 17.78%
10 Yr 6.3%* -0.9% 13.7% 58.90%

* Annualized

Total Return Ranking - Calendar

Period PFSAX Return Category Return Low Category Return High Rank in Category (%)
2023 20.6% -8.5% 32.0% 13.33%
2022 -17.6% -56.2% 11.4% 70.00%
2021 26.7% 18.8% 56.8% 81.11%
2020 10.5% -41.2% 61.3% 16.67%
2019 33.3% 15.1% 101.7% 15.56%

NAV & Total Return History


PFSAX - Holdings

Concentration Analysis

PFSAX Category Low Category High PFSAX % Rank
Net Assets 139 M 1.21 M 37.7 B 61.54%
Number of Holdings 36 21 412 82.22%
Net Assets in Top 10 82.5 M 539 K 21 B 62.22%
Weighting of Top 10 59.36% 15.2% 82.8% 24.44%

Top 10 Holdings

  1. JPMorgan Chase Co 9.59%
  2. KKR Co Inc 7.11%
  3. Chubb Ltd 6.66%
  4. Visa Inc 6.50%
  5. Mastercard Inc 5.94%
  6. Goldman Sachs Group Inc/The 5.45%
  7. American Express Co 5.02%
  8. Bank of America Corp 4.63%
  9. MetLife Inc 4.35%
  10. Marsh McLennan Cos Inc 4.09%

Asset Allocation

Weighting Return Low Return High PFSAX % Rank
Stocks
99.30% 94.52% 100.10% 52.22%
Cash
0.70% 0.00% 32.55% 60.00%
Preferred Stocks
0.00% 0.00% 3.05% 93.33%
Other
0.00% -0.54% 1.47% 87.78%
Convertible Bonds
0.00% 0.00% 0.00% 92.22%
Bonds
0.00% 0.00% 2.38% 92.22%

Stock Sector Breakdown

Weighting Return Low Return High PFSAX % Rank
Financial Services
90.27% 46.33% 100.00% 74.44%
Technology
8.09% 0.00% 43.13% 11.11%
Real Estate
1.64% 0.00% 40.95% 31.11%
Utilities
0.00% 0.00% 0.00% 92.22%
Industrials
0.00% 0.00% 5.08% 94.44%
Healthcare
0.00% 0.00% 0.20% 92.22%
Energy
0.00% 0.00% 0.00% 92.22%
Communication Services
0.00% 0.00% 4.06% 94.44%
Consumer Defense
0.00% 0.00% 4.21% 92.22%
Consumer Cyclical
0.00% 0.00% 42.54% 92.22%
Basic Materials
0.00% 0.00% 4.54% 92.22%

Stock Geographic Breakdown

Weighting Return Low Return High PFSAX % Rank
US
98.68% 0.00% 100.10% 46.67%
Non US
0.62% 0.00% 99.31% 41.11%

PFSAX - Expenses

Operational Fees

PFSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.38% 0.08% 11.17% 43.33%
Management Fee 0.75% 0.03% 1.25% 53.85%
12b-1 Fee 0.30% 0.00% 1.00% 64.44%
Administrative Fee N/A 0.10% 0.25% N/A

Sales Fees

PFSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 3.50% 5.75% 38.46%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

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

PFSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 39.00% 3.00% 406.00% 56.96%

PFSAX - Distributions

Dividend Yield Analysis

PFSAX Category Low Category High PFSAX % Rank
Dividend Yield 0.84% 0.00% 11.71% 13.19%

Dividend Distribution Analysis

PFSAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

PFSAX Category Low Category High PFSAX % Rank
Net Income Ratio 0.25% -0.76% 10.57% 81.11%

Capital Gain Distribution Analysis

PFSAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Distributions History

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PFSAX - Fund Manager Analysis

Managers

Jonathan Shapiro


Start Date

Tenure

Tenure Rank

Nov 01, 2017

4.58

4.6%

Jonathan is a smid cap core and financial services equity portfolio manager and an equity research analyst. He joined Jennison in 2006. Previously, Jonathan worked at Goldman Sachs. In his final role at the firm, he led the small companies/special situations research group. Prior to Goldman Sachs, Jonathan worked at KPMG Consulting and Jones Lang Wootton Realty Advisors (now Clarion Partners). He received a BA, magna cum laude, with high honors in history from Dartmouth College and an MBA from the Wharton School, University of Pennsylvania.

Steven Gavios


Start Date

Tenure

Tenure Rank

Nov 01, 2017

4.58

4.6%

Steven A. Gavios is a managing director and an equity research analyst. He joined Jennison Associates in March 2005. Prior to Jennison, Steven was a senior managing analyst at Dreyfus for seven years, covering the insurance, stock brokerage, and asset management sectors, and also served as the co-manager. From 1994 to 1997, Steven was a managing director and senior insurance analyst at Bear Stearns. From 1990 to 1994, Steven was a vice president and senior insurance analyst at Kidder Peabody. While at Kidder Peabody, he was ranked on the Institutional Investor All-America Research Team in 1993 and 1994. He received a BA in economics from Wesleyan University and an MBA in finance from The Wharton School, University of Pennsylvania. He is currently a member of the Association of Insurance Financial Analysts.

Andrew Tucker


Start Date

Tenure

Tenure Rank

Nov 01, 2017

4.58

4.6%

Andrew M. Tucker, CFA, is a managing director and an equity research analyst. He joined Jennison Associates in September 1997. Prior to Jennison, he spent five years with the Wachovia Bank of North Carolina where he served as an equity analyst and a portfolio manager responsible for the basic materials and finance sector. Prior to that, Andrew was a credit officer overseeing a portfolio of corporate loans in total credit exposure. He began his career as a financial analyst in Wachovia's mergers and acquisitions group. He received a BS, magna cum laude, in business administration from Washington and Lee University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 25.42 9.68 4.58