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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

$20.02

$211 M

0.84%

$0.17

1.17%

Vitals

YTD Return

14.9%

1 yr return

27.8%

3 Yr Avg Return

9.3%

5 Yr Avg Return

10.1%

Net Assets

$211 M

Holdings in Top 10

39.7%

52 WEEK LOW AND HIGH

$20.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.17%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 32.00%

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

$20.02

$211 M

0.84%

$0.17

1.17%

PJIAX - Profile

Distributions

  • YTD Total Return 14.9%
  • 3 Yr Annualized Total Return 9.3%
  • 5 Yr Annualized Total Return 10.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.53%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    PGIM JENNISON FOCUSED VALUE FUND
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Dec 10, 1996
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Joseph Esposito

Fund Description

The Fund invests, under normal market conditions, at least 80% of its investable assets in equity and equity-related securities. 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 follows a value investment style to select equities of approximately 25 to 40 issuers. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in companies that it believes are undervalued compared to their perceived worth (value companies). The Fund may invest in companies of any market capitalization. Under normal market conditions, the Fund is expected to invest predominantly in large capitalization companies, which are companies with market capitalizations (measured at the time of purchase) of $1 billion or more.The subadviser will actively manage the Fund and will seek to invest in companies that it believes will provide investment returns above those of the Russell 1000 Value Index. The subadviser uses a research-based, bottom-up stock selection focused primarily on large capitalization companies which, in its view, exhibit indications of underlying intrinsic value. The subadviser performs in-depth, fundamental research on prospective investments. Generally, the subadviser seeks companies that have one or more of the following characteristics – attractive valuation metrics that are unique to that business, high levels of durability and viability of the business, good business models that are being mispriced, high returns on assets and/or equity, high free cash flow yields, management teams that are willing to make changes, and/or something wrong in the fundamentals that can be fixed or is temporary.In addition to common stocks, nonconvertible preferred stocks and convertible securities, equity-related securities in which the Fund invests include American Depositary Receipts (“ADRs”); warrants and rights that can be exercised to obtain stock or other eligible investments; investments in various types of business ventures, including partnerships and joint ventures; securities of real estate investment trusts (“REITs”) and similar securities. Convertible securities are securities—like bonds, corporate notes and preferred stocks—that the subadviser can convert into the company’s common stock, the cash value of common stock or some other equity security.The Fund may invest up to 35% of its investable assets in foreign securities.
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PJIAX - Performance

Return Ranking - Trailing

Period PJIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.9% -6.8% 41.1% 3.43%
1 Yr 27.8% -1.9% 53.5% 3.16%
3 Yr 9.3%* -4.1% 30.9% 11.44%
5 Yr 10.1%* -0.2% 43.4% 45.31%
10 Yr 7.4%* 0.9% 24.1% 72.16%

* Annualized

Return Ranking - Calendar

Period PJIAX Return Category Return Low Category Return High Rank in Category (%)
2023 5.8% -16.9% 46.1% 49.82%
2022 -13.9% -64.7% 4.6% 67.19%
2021 21.7% -44.2% 57.5% 23.96%
2020 0.0% -23.2% 285.0% 48.02%
2019 11.0% -21.4% 48.5% 90.04%

Total Return Ranking - Trailing

Period PJIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.9% -6.8% 41.1% 3.43%
1 Yr 27.8% -1.9% 53.5% 3.16%
3 Yr 9.3%* -4.1% 30.9% 11.44%
5 Yr 10.1%* -0.2% 43.4% 45.31%
10 Yr 7.4%* 0.9% 24.1% 72.16%

* Annualized

Total Return Ranking - Calendar

Period PJIAX Return Category Return Low Category Return High Rank in Category (%)
2023 16.3% -15.9% 46.7% 17.36%
2022 -11.0% -42.0% 8.5% 89.09%
2021 27.2% 3.6% 129.7% 36.23%
2020 0.9% -22.6% 304.8% 69.76%
2019 20.6% -12.7% 52.1% 91.53%

NAV & Total Return History


PJIAX - Holdings

Concentration Analysis

PJIAX Category Low Category High PJIAX % Rank
Net Assets 211 M 1.69 M 163 B 76.56%
Number of Holdings 35 2 1683 92.34%
Net Assets in Top 10 88.3 M 435 K 38.9 B 70.51%
Weighting of Top 10 39.74% 4.8% 98.8% 15.18%

Top 10 Holdings

  1. Walmart Inc 5.39%
  2. JPMorgan Chase Co 4.50%
  3. Exxon Mobil Corp 4.28%
  4. Linde PLC 4.18%
  5. MetLife Inc 3.78%
  6. (PIPA070) PGIM Core Government Money Market Fund 3.59%
  7. ConocoPhillips 3.54%
  8. AbbVie Inc 3.53%
  9. Chubb Ltd 3.52%
  10. Meta Platforms Inc 3.43%

Asset Allocation

Weighting Return Low Return High PJIAX % Rank
Stocks
96.60% 2.48% 108.67% 79.71%
Cash
3.59% 0.00% 20.27% 17.85%
Preferred Stocks
0.00% 0.00% 14.68% 78.18%
Other
0.00% -1.68% 42.55% 83.41%
Convertible Bonds
0.00% 0.00% 3.66% 78.35%
Bonds
0.00% -1.92% 77.58% 78.90%

Stock Sector Breakdown

Weighting Return Low Return High PJIAX % Rank
Financial Services
24.46% 0.00% 58.05% 13.19%
Healthcare
17.92% 0.00% 30.08% 48.23%
Technology
11.12% 0.00% 54.02% 45.13%
Energy
10.72% 0.00% 54.00% 19.29%
Industrials
10.46% 0.00% 42.76% 60.42%
Consumer Cyclical
10.27% 0.00% 22.74% 9.92%
Utilities
4.84% 0.00% 27.04% 46.31%
Communication Services
3.73% 0.00% 26.58% 77.16%
Consumer Defense
3.64% 0.00% 34.10% 90.99%
Basic Materials
2.83% 0.00% 21.69% 64.33%
Real Estate
0.00% 0.00% 90.54% 97.09%

Stock Geographic Breakdown

Weighting Return Low Return High PJIAX % Rank
US
94.47% 2.48% 108.67% 73.58%
Non US
2.13% 0.00% 26.07% 24.98%

PJIAX - Expenses

Operational Fees

PJIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.17% 0.03% 14.82% 31.76%
Management Fee 0.60% 0.00% 1.50% 56.06%
12b-1 Fee 0.30% 0.00% 1.00% 60.60%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

PJIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 1.00% 5.75% 63.52%
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

PJIAX 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.

PJIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.00% 0.00% 488.00% 45.43%

PJIAX - Distributions

Dividend Yield Analysis

PJIAX Category Low Category High PJIAX % Rank
Dividend Yield 0.84% 0.00% 16.67% 7.85%

Dividend Distribution Analysis

PJIAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Monthly Monthly

Net Income Ratio Analysis

PJIAX Category Low Category High PJIAX % Rank
Net Income Ratio 0.53% -1.51% 4.28% 87.73%

Capital Gain Distribution Analysis

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

Distributions History

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PJIAX - Fund Manager Analysis

Managers

Joseph Esposito


Start Date

Tenure

Tenure Rank

Dec 18, 2019

2.45

2.5%

Joseph C. Esposito, CFA, is a Managing Director and a large cap value portfolio manager. He joined Jennison in September 2014. Mr. Esposito was previously a senior equity analyst at Loomis, Sayles & Company for seven years. Prior to that, he was a business systems analyst at AXA Financial. Mr. Esposito earned a BA in philosophy from the College of New Jersey, an MBA from Columbia Business School, and he holds the Chartered Financial Analyst (CFA) designation.

Warren Koontz


Start Date

Tenure

Tenure Rank

Dec 18, 2019

2.45

2.5%

Warren Koontz, Jr., CFA, is a managing director, the head of large cap value equity, and a large cap value portfolio manager. He joined Jennison Associates in September 2014. Prior to joining Jennison, Warren was a portfolio manager at Loomis, Sayles & Company for diversified and concentrated value strategies. Prior to joining Loomis, Sayles & Company in 1995, Warren was a senior portfolio manager at Comerica Bank. He also worked for three years as chief investment officer for The Jeffrey Company, a private investment firm. He began his investment career in 1984 at the Public Employees' Retirement System of Ohio as a securities analyst and later became an assistant investment officer. He received a BS in finance and an MBA from The Ohio State University. He is a Chartered Financial Analyst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 7.96 6.71