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PGIM JENNISON MID-CAP GROWTH FUND
mutual fund
JDERX
Payout Change
Suspended
Price as of:
$12.44
+0.11
+0.89%
primary theme
U.S. Mid-Cap Growth Equity
share class
JDERX (Mutual Fund)
PGIM JENNISON MID-CAP GROWTH FUND
Payout Change
Suspended
Price as of:
$12.44
+0.11
+0.89%
primary theme
U.S. Mid-Cap Growth Equity
share class
JDERX (Mutual Fund)
PGIM JENNISON MID-CAP GROWTH FUND
Payout Change
Suspended
Price as of:
$12.44
+0.11
+0.89%
primary theme
U.S. Mid-Cap Growth Equity
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
5.2%
1 yr return
5.4%
3 Yr Avg Return
-1.2%
5 Yr Avg Return
8.6%
Net Assets
$2.49 B
Holdings in Top 10
23.3%
52 WEEK LOW AND HIGH
$12.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.51%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 71.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
JDERX - Profile
Distributions
- YTD Total Return 5.2%
- 3 Yr Annualized Total Return -1.2%
- 5 Yr Annualized Total Return 8.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.86%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NamePGIM JENNISON MID-CAP GROWTH FUND
-
Fund Family NamePGIM Funds (Prudential)
-
Inception DateDec 06, 2005
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBenjamin Bryan
Fund Description
The Fund’s subadviser normally invests at least 80% of the Fund's investable assets in equity and equity-related securities of medium-sized companies with the potential for above-average growth. 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. The Fund considers medium-sized companies to be those with market capitalizations that are within the market capitalization range of the Russell Midcap Index. Market capitalization is measured at the time of purchase. The market capitalizations within the Russell Midcap Index will vary, but as of September 30, 2024, the median capitalization was $12.6 billion, and the largest company by market capitalization was $82.8 billion. The Fund may invest in equity securities of companies with market capitalizations larger or smaller than previously noted, consistent with its investment objective. In deciding which equities to buy, the subadviser uses what is known as a growth investment style. This means the subadviser invests in companies that it believes could experience superior sales or earnings growth.In addition to buying equities, the Fund may invest in other equity-related securities. Equity-related securities include American Depositary Receipts (“ADRs”); American Depositary Shares (“ADSs”); common stocks; non-convertible preferred stocks; warrants and rights that can be exercised to obtain stock; and the common and preferred stock of real estate investment trusts (“REITs”). At times, the Fund may have a significant portion of its assets invested in the same economic sector.
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JDERX - Performance
Return Ranking - Trailing
| Period | JDERX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.2% | -1.2% | 91.9% | 96.12% |
| 1 Yr | 5.4% | -1.4% | 88.1% | 95.92% |
| 3 Yr | -1.2%* | -14.8% | 56.7% | 72.35% |
| 5 Yr | 8.6%* | -2.0% | 98.8% | 67.01% |
| 10 Yr | 8.7%* | 2.4% | 24.4% | 85.99% |
* Annualized
Return Ranking - Calendar
| Period | JDERX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.8% | -27.7% | 68.0% | 70.04% |
| 2022 | -25.8% | -85.6% | 52.8% | 21.53% |
| 2021 | -25.4% | -74.9% | 238.3% | 90.93% |
| 2020 | -7.5% | -44.1% | 2474.5% | 98.96% |
| 2019 | -5.3% | -50.2% | 44.0% | 97.42% |
Total Return Ranking - Trailing
| Period | JDERX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.2% | -1.2% | 91.9% | 96.12% |
| 1 Yr | 5.4% | -1.4% | 88.1% | 95.92% |
| 3 Yr | -1.2%* | -14.8% | 56.7% | 72.35% |
| 5 Yr | 8.6%* | -2.0% | 98.8% | 67.01% |
| 10 Yr | 8.7%* | 2.4% | 24.4% | 85.99% |
* Annualized
Total Return Ranking - Calendar
| Period | JDERX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.9% | -26.1% | 68.0% | 55.84% |
| 2022 | 12.8% | -67.0% | 56.8% | 2.74% |
| 2021 | 11.1% | -23.5% | 342.2% | 62.10% |
| 2020 | 42.0% | 2.6% | 2549.1% | 35.83% |
| 2019 | 36.8% | 14.6% | 44.8% | 29.68% |
NAV & Total Return History
JDERX - Holdings
Concentration Analysis
| JDERX | Category Low | Category High | JDERX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.49 B | 2.73 M | 100 B | 30.62% |
| Number of Holdings | 69 | 24 | 3569 | 63.95% |
| Net Assets in Top 10 | 574 M | 635 K | 11.9 B | 33.91% |
| Weighting of Top 10 | 23.34% | 4.5% | 97.8% | 65.89% |
Top 10 Holdings
- Burlington Stores Inc 2.81%
- Shift4 Payments Inc 2.58%
- HEICO Corp 2.49%
- Trade Desk Inc/The 2.48%
- (PIPA070) PGIM Core Government Money Market Fund 2.29%
- Performance Food Group Co 2.24%
- Cheniere Energy Inc 2.16%
- Datadog Inc 2.16%
- GFL Environmental Inc 2.11%
- Marvell Technology Inc 2.03%
Asset Allocation
| Weighting | Return Low | Return High | JDERX % Rank | |
|---|---|---|---|---|
| Stocks | 98.28% | 58.72% | 103.99% | 54.84% |
| Cash | 2.29% | 0.00% | 28.07% | 32.17% |
| Preferred Stocks | 0.00% | 0.00% | 6.15% | 40.70% |
| Other | 0.00% | -0.11% | 14.15% | 50.39% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 32.36% |
| Bonds | 0.00% | 0.00% | 2.73% | 36.82% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JDERX % Rank | |
|---|---|---|---|---|
| Technology | 39.21% | 0.04% | 62.17% | 10.47% |
| Healthcare | 16.05% | 0.00% | 37.06% | 67.64% |
| Consumer Cyclical | 15.30% | 0.00% | 57.41% | 36.24% |
| Industrials | 14.92% | 0.00% | 38.23% | 49.81% |
| Financial Services | 4.04% | 0.00% | 43.01% | 76.36% |
| Real Estate | 3.54% | 0.00% | 19.28% | 29.07% |
| Consumer Defense | 3.30% | 0.00% | 16.40% | 26.55% |
| Basic Materials | 3.01% | 0.00% | 17.25% | 34.11% |
| Communication Services | 0.65% | 0.00% | 18.33% | 80.81% |
| Utilities | 0.00% | 0.00% | 12.94% | 48.84% |
| Energy | 0.00% | 0.00% | 62.10% | 73.64% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JDERX % Rank | |
|---|---|---|---|---|
| US | 98.28% | 46.79% | 103.99% | 47.67% |
| Non US | 0.00% | 0.00% | 34.12% | 46.71% |
JDERX - Expenses
Operational Fees
| JDERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.51% | 0.02% | 17.54% | 21.71% |
| Management Fee | 0.57% | 0.00% | 1.50% | 13.98% |
| 12b-1 Fee | 0.75% | 0.00% | 1.00% | 79.51% |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| JDERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| JDERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| JDERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 71.00% | 0.00% | 250.31% | 77.85% |
JDERX - Distributions
Dividend Yield Analysis
| JDERX | Category Low | Category High | JDERX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 46.51% |
Dividend Distribution Analysis
| JDERX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| JDERX | Category Low | Category High | JDERX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.86% | -2.24% | 2.75% | 73.43% |
Capital Gain Distribution Analysis
| JDERX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2023 | $0.618 | CapitalGainLongTerm |
| Dec 12, 2022 | $0.238 | CapitalGainLongTerm |
| Dec 31, 2021 | $6.836 | OrdinaryDividend |
| Dec 11, 2020 | $9.656 | OrdinaryDividend |
| Dec 11, 2019 | $8.767 | CapitalGainLongTerm |
| Dec 11, 2018 | $10.197 | CapitalGainLongTerm |
| Dec 12, 2017 | $0.382 | CapitalGainShortTerm |
| Dec 12, 2017 | $4.671 | CapitalGainLongTerm |
| Dec 13, 2016 | $2.251 | CapitalGainLongTerm |
| Dec 16, 2015 | $3.167 | CapitalGainLongTerm |
| Dec 18, 2014 | $0.553 | CapitalGainShortTerm |
| Dec 18, 2014 | $3.700 | CapitalGainLongTerm |
| Dec 17, 2013 | $0.335 | CapitalGainShortTerm |
| Dec 17, 2013 | $0.660 | CapitalGainLongTerm |
| Dec 13, 2012 | $0.045 | CapitalGainShortTerm |
| Dec 13, 2012 | $0.877 | CapitalGainLongTerm |
| Dec 01, 2011 | $0.151 | CapitalGainLongTerm |
JDERX - Fund Manager Analysis
Managers
Benjamin Bryan
Start Date
Tenure
Tenure Rank
Jul 11, 2018
3.89
3.9%
Bryan is an analyst at Jennison, his employer since 1999. Before joining the company, he worked as a trader at Prudential, and prior to that, he served as a broker in the retail division of Waterhouse Securities. Bryan holds the Chartered Financial Analyst designation. Mr. Bryan earned a BS from the State University of New York College at Oswego and is a member of The New York Society of Security Analysts Inc.
Eric Sartorius
Start Date
Tenure
Tenure Rank
Mar 21, 2022
0.19
0.2%
Eric is a small cap core portfolio manager and an equity research analyst. He joined Jennison Associates in 2013 and began co-managing small cap core portfolios in 2017. He was previously with Allianz Global Investors, where he was a portfolio manager and information technology and healthcare senior research analyst on the small and smid cap growth investment team. He began his investment career as a research associate covering information technology stocks at Fred Alger Management. Eric earned a BA in political economics from Williams College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.42 | 11.76 |
