Prudential Real Estate Income Fund

Seeks income and capital appreciation by investing primarily in domestic and international real estate securities that the subadviser believes offer the potential for income. The Fund may be suited for investors looking for attractive income opportunities from real estate securities around the globe.
 
 

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)
Community Healthcare Trust
6.3 %
Park Hotels & Resorts
5.1
MedEquities Realty Trust
5.0
EPR Properties
4.8
Medical Properties Trust
4.8
Cache Logistics Trust
4.6
Welltower
3.5
Physicians Realty Trust
3.5
Retail Properties of America
3.4
MGM Growth Properties
3.4
Top Ten (of 43) 44.4
Sector Breakdown (% of Assets)
Healthcare Property
30.8 %
Retail Property
19.1
Industrial Property
14.7
Diversified*
13.3
Hotel/Resort & Entertainment
9.6
Residential
6.4
Specialty
4.8
Storage Property
1.0
Cash/Equiv
0.2
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.

*Diversified sector represents real estate companies that own properties across multiple sectors.

Key Fund Details

 
ClassFund IDCusipTicker
A114074441J761PRKAX
C114174441J753PRKCX
Q117274441J670PRKQX
Z114274441J746PRKZX
 

 
Fund Statistics
Avg Weighted Market Cap ($mil)
3,719.8
Common REIT Stocks (% of Assets)
79.9
Preferred REIT Stocks (% of Assets)
19.9
Turnover Ratio (12-month %)
113

 
 
Investing in real estate poses certain risks related to overall and specific economic conditions, as well as risks related to individual property, credit, and interest rate fluctuations. The Fund may have additional risks due to its narrow focus; is nondiversified, so a loss resulting from a particular security or sector will have a greater impact on the Fund’s return; and invests in foreign securities, which are subject to currency fluctuation and political uncertainty. These risks may result in greater share price volatility. Real estate investment trusts (REITs) may not be suitable for all investors. There is no guarantee a REIT will pay distributions given the inherent risks associated with the market. A REIT may fail to qualify as a REIT as defined in the Tax Code, which could affect operations and negatively impact the ability to make distributions. The Fund’s distributions will be primarily from REITs and from net realized gains, if any, from the sale of REITs. REIT distributions may be from income, from realized gain, and from return of capital. The Fund will provide to shareholders early in each calendar year the final tax character of the Fund’s distributions for the previous year. Also, at such time that a Fund distribution is expected to be from sources other than current or accumulated net income, a notice to shareholders may be required. There is no guarantee a REIT’s investment objectives will be achieved.


Average weighted market capitalization is the average market capitalization of stocks in a fund, each weighted by its proportion of assets. Turnover ratio is the rate of trading in a portfolio, higher values imply more frequent trading. An investment cannot be made directly in an index. Due to data availability, statistics may not be as of current reporting period.

Source: Benchmarks and statistics, Lipper Inc. All other data from PGIM, Inc. (PGIM).                                  


Class Q and Z shares may be available to group retirement plans and 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 (PIMS). PGIM Real Estate is a unit of PGIM, Inc. (PGIM), a registered investment advisor. PIMS and PGIM are Prudential Financial companies. © 2017 Prudential Financial, Inc. and its related entities. PGIM Real Estate, 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 assets. 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.


0277993-00010-00    Ed. 6/2017

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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.