Prudential Jennison Utility Fund

Seeks total return that includes capital appreciation and current income by investing in utilities and utility-related companies. The Fund may be suited to those who want to benefit from the growing need for energy, seek both income and capital growth, and can withstand the volatility associated with sector investing.

 
 

Growth of $10,000

 
 
Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost. This chart represents historical performance and does not assume the effects of sales charges. If shown with sales charges, performance would have been lower. It is not possible to invest directly in an index. Click here to view benchmark index definitions.


Portfolio Attributes as of 10/31/2017

Largest Holdings (% of Assets)
NextEra Energy
5.2 %
American Electric Power
4.5
DTE Energy
4.5
Exelon
4.3
Edison International
3.5
CMS Energy
3.5
Xcel Energy
3.5
Ameren
3.4
Alliant Energy
3.0
American Water Works Co Inc.
3.0
Top Ten (of 51) 38.4
Sector Breakdown (% of Assets)
Utilities
77.0 %
Energy
11.6
Real Estate
7.9
Consumer Discretionary
1.3
Cash/Equiv
2.3
All data is unaudited and subject to change. Holdings/allocations may vary. This is not a recommendation to buy or sell any security listed. Largest holdings excludes cash, cash equivalents, money market funds and enhanced cash strategies. Totals may not sum due to rounding. Negative holdings reflect outstanding trades at period end. 





Prudential Jennison Utility Fund- #1 Utility Fund (Class Z) out of 47 funds for the 5-year period ended 11/30/2016. Rankings for the 3- and 10-year periods were 16 out of 49 and 16 out of 44 funds, respectively. The awards are based on the risk-adjusted returns for the period ended 11/30/2016.

Key Fund Details

 
ClassFund IDCusipTicker
A000974441P858PRUAX
B000274441P841PRUTX
C034274441P833PCUFX
R153374441P825JDURX
Z041274441P817PRUZX
 

 
Fund Statistics
Avg Weighted Market Cap ($mil)
29,199.0
Beta (3 year)
0.62
Standard Deviation (3 year)
10.72
Turnover Ratio (12-month %)
47

 


Prospectus & Shareholder Reports


 
 
The Lipper Fund Awards, funds had to be registered for sale in the respective country as of the end of 2016 and the fund had to have at least 36 months of performance history as of the end of the evaluation year. S&P 500 Index funds, specialty diversified equity funds and specialty/miscellaneous funds were not eligible to receive classification awards. Rankings do not take sales charges into account. Past performance is no guarantee of future results.

Prudential Jennison Utility Fund- #1 Utility Fund (Class Z) out of 47 funds for the 5-year period ended 11/30/2016. Rankings for the 3- and 10-year periods were 16 out of 49 and 16 out of 44 funds, respectively. The awards are based on the risk-adjusted returns for the period ended 11/30/2016.

From Thomson Reuters Lipper Awards, © 2017 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.

The Fund may not be appropriate for all investors. Investing is a specific sector makes the fund nondiversified, thereby increasing its vulnerability to any single economic, political, or regulatory developments, which will have a greater impact on the Fund's return. The Fund may invest in foreign securities, which are subject to currency fluctuation and political uncertainty; short sales, which involve costs and the risk of potentially unlimited losses; and derivative securities, which may carry market, credit, and liquidity risks. These risks may result in greater share price volatility. There is no guarantee the Fund's objective will be achieved.

Average weighted market capitalization is the average market capitalization of stocks in a fund, each weighted by its proportion of assets. Beta measures a fund's sensitivity to changes in the overall market relative to its benchmark. Standard deviation depicts how widely returns vary around its average and is used to understand the range of returns most likely for a given fund. A higher standard deviation generally implies greater volatility. Turnover Ratio is the rate of trading in a portfolio, higher values imply more frequent trading. Due to data availability, statistics may not be as of the current reporting period.

Source: Benchmarks and statistics, Lipper Inc. Source of Sector classification: S&P/MSCI. *This figure is comprised of companies that have been classified by S&P/MSCI GICS or classified by Jennison Associates LLC. Companies classified by Jennison Associates LLC are not sponsored by the S&P/MSCI GICS classification system. All other data from PGIM, Inc.(PGIM).

Class Z shares are available to institutional investors through certain retirement, mutual fund wrap and asset allocation programs, and to institutions at an investment minimum of $5,000,000. Performance by share class may vary. Other share classes, which contain either a sales load or a contingent deferred sales charge, are also available. These expenses could lower total fund return. Please see the prospectus for additional information about fees, expenses and investor eligibility requirements.

Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.

Mutual funds are distributed by Prudential Investment Management Services LLC and member SIPC. Jennison Associates is a registered investment advisor. Both are Prudential Financial companies. Jennison Associates, Jennison, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

These materials are for informational or educational purposes only. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. In providing these materials PGIM Investments is not acting as your fiduciary as defined by the Department of Labor.

Mutual funds are not insured by the FDIC or any federal government agency, are not a deposit of or guaranteed by any bank or any bank affiliate, and may lose value.


Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.


0248829-00018-00    Ed. 3/2017

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Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost. This chart represents historical performance and does not assume the effects of sales charges. If shown with sales charges, performance would have been lower. Click here to view the most recent Monthly Performance.