PGIM Jennison Utility Fund
Name
As of 10/31/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
30.1%
1 yr return
35.2%
3 Yr Avg Return
9.4%
5 Yr Avg Return
9.3%
Net Assets
$2.75 B
Holdings in Top 10
57.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.57%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/31/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PRUZX - Profile
Distributions
- YTD Total Return 30.1%
- 3 Yr Annualized Total Return 9.4%
- 5 Yr Annualized Total Return 9.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.32%
- Dividend Yield 1.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePGIM Jennison Utility Fund
-
Fund Family NamePrudential
-
Inception DateJan 06, 1997
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerShaun Hong
Fund Description
PRUZX - Performance
Return Ranking - Trailing
Period | PRUZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 30.1% | 3.5% | 46.0% | 16.95% |
1 Yr | 35.2% | 18.1% | 53.7% | 18.97% |
3 Yr | 9.4%* | -8.4% | 15.6% | 32.76% |
5 Yr | 9.3%* | -8.3% | 11.8% | 20.69% |
10 Yr | 8.5%* | -1.0% | 10.0% | 29.41% |
* Annualized
Return Ranking - Calendar
Period | PRUZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -12.4% | -20.0% | 0.8% | 86.21% |
2022 | -7.7% | -21.0% | 3.5% | 67.24% |
2021 | 0.4% | 0.2% | 26.5% | 86.21% |
2020 | 2.0% | -18.4% | 8.1% | 8.62% |
2019 | 20.1% | 7.0% | 26.2% | 29.82% |
Total Return Ranking - Trailing
Period | PRUZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 30.1% | 3.5% | 46.0% | 16.95% |
1 Yr | 35.2% | 18.1% | 53.7% | 18.97% |
3 Yr | 9.4%* | -8.4% | 15.6% | 32.76% |
5 Yr | 9.3%* | -8.3% | 11.8% | 20.69% |
10 Yr | 8.5%* | -1.0% | 10.0% | 29.41% |
* Annualized
Total Return Ranking - Calendar
Period | PRUZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.6% | -19.5% | 3.4% | 44.83% |
2022 | 0.3% | -19.7% | 19.1% | 60.34% |
2021 | 15.3% | 5.6% | 30.1% | 50.00% |
2020 | 4.8% | -18.1% | 9.0% | 22.41% |
2019 | 27.3% | 9.7% | 29.4% | 10.53% |
NAV & Total Return History
PRUZX - Holdings
Concentration Analysis
PRUZX | Category Low | Category High | PRUZX % Rank | |
---|---|---|---|---|
Net Assets | 2.75 B | 14.9 M | 11.9 B | 22.03% |
Number of Holdings | 31 | 19 | 220 | 81.36% |
Net Assets in Top 10 | 1.81 B | 5.45 M | 8.18 B | 20.34% |
Weighting of Top 10 | 57.17% | 22.9% | 72.8% | 25.42% |
Top 10 Holdings
- NextEra Energy Inc 14.19%
- PGE Corp 6.71%
- Constellation Energy Corp 6.31%
- Vistra Corp 5.09%
- PPL Corp 4.31%
- Sempra 4.30%
- NiSource Inc 4.16%
- Southern Co/The 4.14%
- CMS Energy Corp 4.11%
- CenterPoint Energy Inc 3.84%
Asset Allocation
Weighting | Return Low | Return High | PRUZX % Rank | |
---|---|---|---|---|
Stocks | 98.94% | 0.00% | 115.46% | 69.49% |
Cash | 1.06% | -15.47% | 27.31% | 33.90% |
Preferred Stocks | 0.00% | 0.00% | 0.03% | 23.73% |
Other | 0.00% | -33.23% | 0.81% | 50.85% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 22.03% |
Bonds | 0.00% | 0.00% | 99.77% | 28.81% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PRUZX % Rank | |
---|---|---|---|---|
Utilities | 86.55% | 50.08% | 100.00% | 64.41% |
Energy | 12.32% | 0.00% | 26.40% | 11.86% |
Communication Services | 1.13% | 0.00% | 47.17% | 44.07% |
Technology | 0.00% | 0.00% | 6.09% | 55.93% |
Real Estate | 0.00% | 0.00% | 13.29% | 38.98% |
Industrials | 0.00% | 0.00% | 27.59% | 64.41% |
Healthcare | 0.00% | 0.00% | 3.34% | 27.12% |
Financial Services | 0.00% | 0.00% | 4.98% | 32.20% |
Consumer Defense | 0.00% | 0.00% | 0.56% | 25.42% |
Consumer Cyclical | 0.00% | 0.00% | 2.09% | 23.73% |
Basic Materials | 0.00% | 0.00% | 4.68% | 32.20% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PRUZX % Rank | |
---|---|---|---|---|
US | 92.83% | 0.00% | 100.35% | 67.80% |
Non US | 6.11% | 0.00% | 46.32% | 35.59% |
PRUZX - Expenses
Operational Fees
PRUZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.57% | 0.08% | 2.43% | 81.36% |
Management Fee | 0.43% | 0.03% | 1.00% | 22.03% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.04% | 0.26% | N/A |
Sales Fees
PRUZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
PRUZX 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.
PRUZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 38.00% | 3.00% | 175.00% | 76.79% |
PRUZX - Distributions
Dividend Yield Analysis
PRUZX | Category Low | Category High | PRUZX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.95% | 0.00% | 9.34% | 3.39% |
Dividend Distribution Analysis
PRUZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
PRUZX | Category Low | Category High | PRUZX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.32% | 0.31% | 3.10% | 77.97% |
Capital Gain Distribution Analysis
PRUZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 20, 2024 | $0.066 | OrdinaryDividend |
Jun 14, 2024 | $0.080 | OrdinaryDividend |
Mar 15, 2024 | $0.067 | OrdinaryDividend |
Dec 15, 2023 | $0.065 | OrdinaryDividend |
Dec 15, 2023 | $1.000 | CapitalGainLongTerm |
Sep 15, 2023 | $0.082 | OrdinaryDividend |
Jun 16, 2023 | $0.099 | OrdinaryDividend |
Mar 17, 2023 | $0.066 | OrdinaryDividend |
Dec 16, 2022 | $1.050 | OrdinaryDividend |
Sep 16, 2022 | $0.064 | OrdinaryDividend |
Jun 17, 2022 | $0.084 | OrdinaryDividend |
Mar 18, 2022 | $0.075 | OrdinaryDividend |
Dec 20, 2021 | $2.096 | OrdinaryDividend |
Sep 17, 2021 | $0.062 | OrdinaryDividend |
Jun 18, 2021 | $0.026 | OrdinaryDividend |
Mar 19, 2021 | $0.096 | OrdinaryDividend |
Dec 18, 2020 | $0.146 | OrdinaryDividend |
Sep 18, 2020 | $0.089 | OrdinaryDividend |
Jun 19, 2020 | $0.033 | OrdinaryDividend |
Mar 20, 2020 | $0.102 | OrdinaryDividend |
Dec 24, 2019 | $0.046 | OrdinaryDividend |
Dec 24, 2019 | $0.620 | CapitalGainLongTerm |
Sep 20, 2019 | $0.083 | OrdinaryDividend |
Jun 21, 2019 | $0.095 | OrdinaryDividend |
Mar 22, 2019 | $0.075 | OrdinaryDividend |
Dec 24, 2018 | $0.080 | OrdinaryDividend |
Dec 24, 2018 | $0.889 | CapitalGainLongTerm |
Sep 21, 2018 | $0.073 | OrdinaryDividend |
Jun 22, 2018 | $0.100 | OrdinaryDividend |
Mar 23, 2018 | $0.101 | OrdinaryDividend |
Dec 26, 2017 | $0.070 | OrdinaryDividend |
Dec 26, 2017 | $0.327 | CapitalGainLongTerm |
Sep 22, 2017 | $0.092 | OrdinaryDividend |
Jun 23, 2017 | $0.065 | OrdinaryDividend |
Mar 24, 2017 | $0.079 | OrdinaryDividend |
Dec 23, 2016 | $0.034 | OrdinaryDividend |
Dec 23, 2016 | $0.749 | CapitalGainLongTerm |
Sep 23, 2016 | $0.076 | OrdinaryDividend |
Jun 17, 2016 | $0.127 | OrdinaryDividend |
Mar 18, 2016 | $0.039 | OrdinaryDividend |
Dec 18, 2015 | $0.063 | OrdinaryDividend |
Dec 18, 2015 | $1.233 | CapitalGainLongTerm |
Sep 18, 2015 | $0.054 | OrdinaryDividend |
Jun 19, 2015 | $0.069 | OrdinaryDividend |
Mar 20, 2015 | $0.066 | OrdinaryDividend |
Dec 19, 2014 | $0.083 | OrdinaryDividend |
Dec 19, 2014 | $1.531 | CapitalGainLongTerm |
Sep 19, 2014 | $0.071 | OrdinaryDividend |
Jun 20, 2014 | $0.074 | OrdinaryDividend |
Mar 21, 2014 | $0.144 | OrdinaryDividend |
Dec 20, 2013 | $0.108 | OrdinaryDividend |
Dec 20, 2013 | $0.177 | CapitalGainLongTerm |
Sep 20, 2013 | $0.057 | OrdinaryDividend |
Jun 21, 2013 | $0.241 | OrdinaryDividend |
Mar 22, 2013 | $0.061 | OrdinaryDividend |
Dec 21, 2012 | $0.127 | OrdinaryDividend |
Sep 21, 2012 | $0.063 | OrdinaryDividend |
Jun 22, 2012 | $0.082 | OrdinaryDividend |
Mar 23, 2012 | $0.061 | OrdinaryDividend |
Dec 16, 2011 | $0.060 | OrdinaryDividend |
Sep 16, 2011 | $0.074 | OrdinaryDividend |
Jun 17, 2011 | $0.066 | OrdinaryDividend |
Mar 18, 2011 | $0.084 | OrdinaryDividend |
Dec 17, 2010 | $0.067 | OrdinaryDividend |
Sep 17, 2010 | $0.072 | OrdinaryDividend |
Jun 18, 2010 | $0.049 | OrdinaryDividend |
Mar 19, 2010 | $0.064 | OrdinaryDividend |
PRUZX - Fund Manager Analysis
Managers
Shaun Hong
Start Date
Tenure
Tenure Rank
Sep 30, 2000
21.68
21.7%
Shaun Hong, CFA, is a Managing Director and an income and infrastructure portfolio manager. He joined Prudential (now PGIM) in 1999 as an analyst in Prudential's public equity unit responsible for the power, natural gas, and telecommunications industries, and in September 2000 when Prudential’s public equity asset management capabilities were transferred to Jennison, he joined Jennison. Mr. Hong began his career in 1992 as a research analyst covering telecommunications and technology companies at Parker/Hunter, a regional brokerage firm based in Pittsburgh, then joined Equinox Capital Management in 1994 where he covered the utility, consumer products, commodities, and technology sectors. He earned a BS in industrial management from Carnegie Mellon University and he holds the Chartered Financial Analyst (CFA) designation. Mr. Hong is a member of the New York Society of Security Analysts, Inc.
Ubong (Bobby) Edemeka
Start Date
Tenure
Tenure Rank
Mar 31, 2005
17.18
17.2%
Ubong "Bobby" Edemeka is a managing director and an income and infrastructure portfolio manager. He joined Jennison Associates in March 2002. Before joining Jennison, Mr. Edemeka was with Goldman Sachs as a sell-side research analyst on the US Power & Utilities team., for which he covered electric utilities and independent power producers. Prior to Goldman Sachs, he was an analyst on the global utilities team of SSB Citi Asset Management Group, a division of Citigroup. Bobby began his career as an analyst for the Prudential Utility Fund (now PGIM Jennison Utility Fund) in 1997 . He received a BA in government from Harvard University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 23.43 | 10.23 | 8.09 |