PTWBX: PGIM Jennison 20/20 Focus B

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PTWBX PGIM Jennison 20/20 Focus B


Profile

PTWBX - Profile

Vitals

  • YTD Return -1.2%
  • 3 Yr Annualized Return -8.1%
  • 5 Yr Annualized Return -8.0%
  • Net Assets $928 M
  • Holdings in Top 10 41.9%

52 WEEK LOW AND HIGH

$9.50
$7.07
$10.65

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.52%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 58.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Jun 23, 2014
  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return -1.2%
  • 3 Yr Annualized Total Return -8.1%
  • 5 Yr Annualized Total Return -8.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    PGIM Jennison 20/20 Focus Fund
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Jul 01, 1998
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Spiros “Sig” Segalas

Fund Description

The fund normally invests at least 80% of its total assets in approximately 40 (which may range up to 50) equity and equity-related securities of companies. Equity and equity-related securities in which the fund primarily invests are common stocks, nonconvertible preferred stocks and convertible securities. It participates in the initial public offering (IPO) market. The fund may actively trade its portfolio securities. It may invest up to 35% of its total assets in foreign securities. Foreign securities may include securities from emerging markets. The fund is non-diversified.


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Categories

Performance

PTWBX - Performance

Return Ranking - Trailing

Period PTWBX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -91.6% 86.2% 91.03%
1 Yr -5.4% -92.0% 115.1% 93.26%
3 Yr -8.1%* -59.0% 39.7% 95.96%
5 Yr -8.0%* -41.4% 33.3% 96.03%
10 Yr -2.5%* -18.4% 17.5% 96.98%

* Annualized

Return Ranking - Calendar

Period PTWBX Return Category Return Low Category Return High Rank in Category (%)
2019 13.8% -67.9% 49.9% 87.75%
2018 -17.9% -65.5% 10.6% 78.51%
2017 -3.1% -46.3% 52.2% 97.09%
2016 -8.8% -56.6% 15.3% 84.76%
2015 -13.8% -82.5% 11.4% 92.80%

Total Return Ranking - Trailing

Period PTWBX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -91.6% 86.2% 91.03%
1 Yr -5.4% -92.0% 115.1% 93.26%
3 Yr -8.1%* -57.9% 39.7% 97.48%
5 Yr -8.0%* -38.8% 33.3% 97.29%
10 Yr -2.5%* -17.0% 21.6% 98.35%

* Annualized

Total Return Ranking - Calendar

Period PTWBX Return Category Return Low Category Return High Rank in Category (%)
2019 13.8% -67.9% 49.9% 87.83%
2018 -17.9% -65.5% 16.5% 85.32%
2017 -3.1% -28.2% 52.2% 99.21%
2016 -8.8% -56.6% 17.1% 94.83%
2015 -13.8% -38.0% 17.3% 97.40%

NAV & Total Return History


Holdings

PTWBX - Holdings

Concentration Analysis

PTWBX Category Low Category High PTWBX % Rank
Net Assets 928 M 818 K 235 B 52.88%
Number of Holdings 44 2 2263 74.02%
Net Assets in Top 10 375 M 399 K 71.6 B 54.02%
Weighting of Top 10 41.90% 13.5% 100.0% 57.95%

Top 10 Holdings

  1. Microsoft Corp 7.31%
  2. Alphabet Inc A 5.30%
  3. AstraZeneca PLC ADR 4.60%
  4. Amazon.com Inc 4.35%
  5. Apple Inc 4.14%
  6. Eli Lilly and Co 3.90%
  7. Facebook Inc A 3.17%
  8. NVIDIA Corp 3.10%
  9. Adobe Inc 3.07%
  10. Tesla Inc 2.97%

Asset Allocation

Weighting Return Low Return High PTWBX % Rank
Stocks
98.47% 60.93% 103.32% 51.82%
Cash
1.53% -5.73% 39.07% 45.38%
Preferred Stocks
0.00% 0.00% 2.55% 57.50%
Other
0.00% -1.64% 18.70% 59.62%
Convertible Bonds
0.00% 0.00% 6.70% 53.86%
Bonds
0.00% -0.48% 13.73% 56.44%

Stock Sector Breakdown

Weighting Return Low Return High PTWBX % Rank
Technology
28.17% 4.67% 54.73% 60.08%
Financial Services
15.61% 0.00% 41.40% 15.98%
Consumer Cyclical
14.86% 0.00% 44.53% 45.68%
Communication Services
13.90% 0.00% 34.83% 33.26%
Healthcare
10.57% 0.00% 60.93% 92.05%
Industrials
4.90% 0.00% 24.88% 69.77%
Consumer Defense
4.53% 0.00% 19.15% 45.30%
Utilities
2.37% 0.00% 11.79% 10.98%
Basic Materials
2.31% 0.00% 13.33% 27.35%
Energy
1.67% 0.00% 7.94% 14.17%
Real Estate
1.12% 0.00% 22.16% 61.89%

Stock Geographic Breakdown

Weighting Return Low Return High PTWBX % Rank
US
81.50% 60.93% 100.05% 96.97%
Non US
16.97% 0.00% 18.83% 0.91%

Expenses

PTWBX - Expenses

Operational Fees

PTWBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.52% 0.01% 24.73% 5.13%
Management Fee 0.75% 0.00% 1.40% 81.05%
12b-1 Fee 1.00% 0.00% 1.00% 89.21%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

PTWBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 8.50% N/A
Deferred Load 5.00% 1.00% 5.50% 6.56%

Trading Fees

PTWBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

PTWBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 58.00% 0.00% 464.00% 68.51%

Distributions

PTWBX - Distributions

Dividend Yield Analysis

PTWBX Category Low Category High PTWBX % Rank
Dividend Yield 0.00% 0.00% 19.69% 56.22%

Dividend Distribution Analysis

PTWBX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Semi-Annually

Net Income Ratio Analysis

PTWBX Category Low Category High PTWBX % Rank
Net Income Ratio -1.02% -8.87% 2.43% 93.98%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PTWBX - Fund Manager Analysis

Managers

Spiros “Sig” Segalas


Start Date

Tenure

Tenure Rank

Jul 01, 1998

22.01

22.0%

Spiros "Sig" Segalas is one of the founders of Jennison Associates. In addition to managing institutional portfolios, he has managed the Harbor Capital Appreciation Fund since May 1990. He is also co-manager of the Prudential Jennison Blend Fund, Prudential Jennison Growth Fund, Prudential Jennison 20/20 Focus Fund, and the Prudential Jennison Select Growth Fund. Sig and his Large Cap Growth team have received numerous industry accolades over the years. Sig began his investment career as a research analyst with Bankers Trust Company in 1960 and was responsible for technology, aerospace, and conglomerate securities. In 1963, he was appointed group head of the technology group; in 1967, he was asked to manage a newly introduced commingled emerging growth fund, The Supplemental Equity Fund, for the bank's institutional clients. He was also appointed to the bank's investment policy group. Sig received a BA from Princeton University, after which he served as an officer in the US Navy. He also spent some time in the shipping and construction industries before joining Bankers Trust.

Warren Koontz


Start Date

Tenure

Tenure Rank

Sep 02, 2014

5.83

5.8%

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.

Joseph Esposito


Start Date

Tenure

Tenure Rank

May 01, 2019

1.17

1.2%

Joe is a large cap value portfolio manager. He came to Jennison in 2014, following seven years with Loomis Sayles as a senior equity analyst. Prior to his tenure with Loomis, Joe served as a business systems analyst at AXA Financial. He holds a BA in philosophy from the College of New Jersey and an MBA from Columbia University.

Natasha Kuhlkin


Start Date

Tenure

Tenure Rank

May 01, 2019

1.17

1.2%

Natasha Kuhlkin, CFA, is a managing director and a large cap growth equity portfolio manager and research analyst. She joined Jennison Associates in May 2004. Prior to Jennison, Natasha was an equity research analyst at Palisade Capital Management, covering the consumer staples and cyclicals sectors. From 1998 to 2003, Natasha was with Evergreen Investment Management, where she was an analyst for the Evergreen Small Cap Value Fund. She received a BS, magna cum laude, in accounting from Binghamton University.

Rebecca Irwin


Start Date

Tenure

Tenure Rank

May 01, 2019

1.17

1.2%

Rebecca Irwin, Managing Director Rebecca is a large cap growth equity portfolio manager and research analyst. She joined Jennison in 2006. Previously, she worked as a health care analyst at Viking Global Investors. In the decade before Viking, she was with UBS and Salomon Smith Barney. Before that, she was a corporate associate at Fried, Frank, Harris, Shriver & Jacobson. Rebecca received a BA in economics from Queen’s University at Kingston, an LLB from the University of Toronto, and an LLM from Harvard Law School.

Kathleen McCarragher


Start Date

Tenure

Tenure Rank

May 01, 2019

1.17

1.2%

Kathleen A. McCarragher is a managing director, the head of growth equity, and a large cap growth equity portfolio manager. She joined Jennison Associates in May 1998. Prior to Jennison, Kathleen spent six years with Weiss, Peck & Greer, where she was a managing director and the director of large cap growth equities. In addition, Kathleen spent 10 years with State Street Research & Management, initially as a research analyst responsible for health care, transports, and financials and then as a portfolio manager and member of the investment committee. She received a BBA from the University of Wisconsin-Eau Claire, summa cum laude, and an MBA from Harvard Business School. Ms. McCarragher began her investment career in 1982.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 37.28 8.34 1.34