PGIM Jennison MLP Z (PRPZX)
5.90
-0.10 (-1.67%)
USD |
Jul 30
Returns Chart
Key Stats
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| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.67% | 431.53M | 5.12% | 45.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| 20.61M | 45.60% | 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 | 7.54 yrs |
| Ubong (Bobby) Edemeka | 7.54 yrs |
| Stephen Maresca | 4.96 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category High
1 Year
% Rank:
12
20.61M
-758.63M
Category Low
103.37M
Category High
3 Months
% Rank:
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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 July 31, 2021
Performance Versus Category
As of July 30, 2021. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
Edit comparables
As of July 30, 2021.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Energy Transfer LP | 9.31% | 9.81 | -0.51% |
| Targa Resources Corp | 8.70% | 41.78 | -0.78% |
| MPLX LP Partnership Units | 6.44% | 28.05 | -1.16% |
| DCP Midstream LP | 6.43% | 27.19 | -0.40% |
| Western Midstream Partners LP | 6.29% | 19.52 | -2.35% |
| Cheniere Energy Inc | 6.15% | 84.60 | -0.39% |
| ONEOK Inc | 6.09% | 51.36 | -1.17% |
| Williams Companies Inc | 5.78% | 24.87 | -0.72% |
| Enterprise Products Partners LP | 5.39% | 22.46 | -0.49% |
| Pembina Pipeline Corp | 4.96% | 41.24 | -0.36% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | Upgrade |
| Administration Fee | -- |
| Performance Fee | -- |
| Switching Fee | -- |
| Transaction Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
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 | 7.54 yrs |
| Ubong (Bobby) Edemeka | 7.54 yrs |
| Stephen Maresca | 4.96 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (7-30-21) | 5.12% |
| 30-Day SEC Yield (6-30-16) | Upgrade |
| 7-Day SEC Yield (7-29-21) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 16.04 |
| 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 June 30, 2021
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 12/18/2013 |
| Last Annual Report Date | 11/30/2020 |
| Last Prospectus Date | 3/1/2021 |
| Share Classes | |
| PRPAX | A |
| PRPCX | C |
| PRPQX | Retirement |
| 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 |