Prudential US Real Estate Fund

Seeks to provide capital appreciation and income by investing primarily in domestic real estate securities. The Fund may be suited to investors looking to increase overall portfolio diversification and take advantage of potential real estate opportunities in the United States.

 
 

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)
Simon Property Group
4.7 %
Equinix
4.7
AvalonBay Communities
4.2
Hudson Pacific Properties
3.9
Equity Residential
3.9
Forest City Realty Trust
3.7
Duke Realty
3.5
Welltower
3.1
Camden Property Trust
2.9
Equity LifeStyle Properties
2.8
Top Ten (of 51) 37.4
Sector Breakdown (% of Assets)
Residential
20.1 %
Office Space
18.7
Industrial Property
11.8
Retail Property
11.6
Healthcare Property
11.4
Diversified*
8.3
Specialty
7.4
Hotel/Resort & Entertainment
6.2
Storage Property
3.9
Cash/Equiv
0.6
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
A1030744336603PJEAX
B1031744336702PJEBX
C1032744336801PJECX
Q1184744336751PJEQX
Z1033744336884PJEZX
 

 
Fund Statistics
Avg Weighted Market Cap ($mil)
12,842.3
Beta (3 year)
0.95
Standard Deviation (3 year)
12.43
Turnover Ratio (12-month %)
122

 


Prospectus & Shareholder Reports


 
 
Real estate poses certain risks related to overall and specific economic conditions as well as risks related to individual property, credit an interest rate fluctuations. The Fund will normally invest at least 80% of its investable assets in equity-related securities of real estate companies operating in the U.S., principally real estate investment trusts (REITS) and other real estate securities. Real estate companies and REITS may be leveraged, which increases risk. REIT performance depends on the strength of the real estate markets, REIT management and property management which can be affected by many factors, including national and regional economic conditions. The Fund's investments in REITs may subject the Fund to duplicate management and/or advisory fees. The Fund may invest in foreign securities, which are subject to currency fluctuation and political uncertainty. The Fund is exposed to derivative securities, which may carry market, credit, counterparty, leverage, and liquidity risks. The Fund's holdings, share price, yield and total return may fluctuate in response to bond market movements. Investing in the real estate sector makes the Fund nondiversified, so a loss resulting from a particular security or sector will have a greater impact on the Fund's return. Asset allocation and diversification do not assure a profit or protect against loss in declining markets. These risks may increase the Fund's 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 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 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.


0236211-00018-00    Ed. 5/2017

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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.