PGIM Jennison MLP C (PRPCX)
3.74
-0.05 (-1.32%)
USD |
Oct 21
Returns Chart
Key Stats
Customize
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 2.21% | 270.85M | 10.58% | 23.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -51.23M | -30.96% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks total return. The fund seeks to provide total return through a combination of current income and capital appreciation. It normally invests at least 80% of its investable assets in master limited partnerships (MLPs) and MLP related investments (together, MLP investments). 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. It is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | PRPZX |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Energy Limited Partnership |
| Category Index | Morningstar MLP Composite TR USD |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | PGIM Funds (Prudential) |
| Prospectus Benchmark Index | |
| Alerian MLP TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Shaun Hong | 6.79 yrs |
| Ubong (Bobby) Edemeka | 6.79 yrs |
| Stephen Maresca | 4.22 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category High
1 Year
% Rank:
53
-51.23M
-969.64M
Category Low
286.93M
Category High
3 Months
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3 Years
% Rank:
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6 Months
% Rank:
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5 Years
% Rank:
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YTD
% Rank:
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10 Years
% Rank:
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As of September 30, 2020
Performance Versus Category
As of October 21, 2020. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
Edit comparables
As of October 21, 2020.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Williams Companies Inc | 7.69% | 19.30 | -1.98% |
| NextEra Energy Partners LP | 7.64% | 63.78 | -1.86% |
| Enterprise Products Partners LP | 6.80% | 17.09 | -0.47% |
| Enbridge Inc | 6.60% | 38.03 | -0.37% |
| MPLX LP Partnership Units | 6.42% | 16.81 | -0.53% |
| Kinder Morgan Inc Class P | 5.68% | 12.53 | -1.18% |
| Equitrans Midstream Corp | 4.86% | 8.11 | -1.93% |
| TC Energy Corp | 4.20% | 55.38 | -1.91% |
| Targa Resources Corp | 4.10% | 16.49 | -1.67% |
| Pembina Pipeline Corp | 4.07% | 28.51 | -1.79% |
Basic Info
| Investment Strategy | |
| The investment seeks total return. The fund seeks to provide total return through a combination of current income and capital appreciation. It normally invests at least 80% of its investable assets in master limited partnerships (MLPs) and MLP related investments (together, MLP investments). 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. It is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | PRPZX |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Energy Limited Partnership |
| Category Index | Morningstar MLP Composite TR USD |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | PGIM Funds (Prudential) |
| Prospectus Benchmark Index | |
| Alerian MLP TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Shaun Hong | 6.79 yrs |
| Ubong (Bobby) Edemeka | 6.79 yrs |
| Stephen Maresca | 4.22 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (10-21-20) | 10.58% |
| 30-Day SEC Yield (6-30-16) | Upgrade |
| 7-Day SEC Yield (10-21-20) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 15.33 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of September 30, 2020
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 12/18/2013 |
| Last Annual Report Date | 11/30/2019 |
| Last Prospectus Date | 1/30/2020 |
| Share Classes | |
| PRPAX | A |
| PRPQX | Retirement |
| PRPZX | Inst |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |