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PGIM JENNISON EMERGING MARKETS EQUITY OPPORTUNITIES FUND
mutual fund
PDEAX
Payout Change
None
Price as of:
$17.4
-0.02
-0.11%
primary theme
Emerging Markets Equity
share class
PDEAX (Mutual Fund)
PGIM JENNISON EMERGING MARKETS EQUITY OPPORTUNITIES FUND
Payout Change
None
Price as of:
$17.4
-0.02
-0.11%
primary theme
Emerging Markets Equity
share class
PDEAX (Mutual Fund)
PGIM JENNISON EMERGING MARKETS EQUITY OPPORTUNITIES FUND
Payout Change
None
Price as of:
$17.4
-0.02
-0.11%
primary theme
Emerging Markets 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
20.5%
1 yr return
21.6%
3 Yr Avg Return
-6.3%
5 Yr Avg Return
6.8%
Net Assets
$618 M
Holdings in Top 10
47.3%
52 WEEK LOW AND HIGH
$17.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.53%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 78.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
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
PDEAX - Profile
Distributions
- YTD Total Return 20.5%
- 3 Yr Annualized Total Return -6.3%
- 5 Yr Annualized Total Return 6.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.98%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NamePGIM JENNISON EMERGING MARKETS EQUITY OPPORTUNITIES FUND
-
Fund Family NamePrudential
-
Inception DateSep 16, 2014
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAlbert Kwok
Fund Description
The Fund seeks to achieve its investment objective by investing, under normal conditions, at least 80% of its investable assets (net assets plus any borrowings for investment purposes) in the equity and equity-related securities of companies located in or otherwise economically tied to emerging markets countries. The Fund defines emerging markets countries as countries that are classified by MSCI as either emerging or frontier markets. The Fund may invest in securities of issuers of any market capitalization size. The Fund may invest a large portion of its assets in a single country or region. The Fund may also invest in A-Shares using the Hong Kong – Shanghai Stock Connect (“Stock Connect”) program and other similar programs. At times, the Fund may have a significant portion of its assets invested in the same economicsector.
Read More
PDEAX - Performance
Return Ranking - Trailing
| Period | PDEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.5% | -14.1% | 34.9% | 1.43% |
| 1 Yr | 21.6% | -12.7% | 33.6% | 1.86% |
| 3 Yr | -6.3%* | -11.2% | 10.6% | 87.30% |
| 5 Yr | 6.8%* | -6.5% | 10.6% | 6.20% |
| 10 Yr | 6.3%* | -1.6% | 8.6% | 4.02% |
* Annualized
Return Ranking - Calendar
| Period | PDEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.8% | -6.5% | 35.5% | 12.41% |
| 2022 | -41.8% | -50.1% | -2.4% | 99.12% |
| 2021 | -1.1% | -33.1% | 22.5% | 29.17% |
| 2020 | 72.4% | -22.1% | 80.1% | 1.14% |
| 2019 | 30.0% | -0.7% | 42.0% | 4.22% |
Total Return Ranking - Trailing
| Period | PDEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.5% | -14.1% | 34.9% | 1.43% |
| 1 Yr | 21.6% | -12.7% | 33.6% | 1.86% |
| 3 Yr | -6.3%* | -11.2% | 10.6% | 87.30% |
| 5 Yr | 6.8%* | -6.5% | 10.6% | 6.20% |
| 10 Yr | 6.3%* | -1.6% | 8.6% | 4.02% |
* Annualized
Total Return Ranking - Calendar
| Period | PDEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.8% | -1.0% | 42.0% | 20.97% |
| 2022 | -41.8% | -42.2% | 1.9% | 99.85% |
| 2021 | -1.1% | -32.5% | 33.1% | 49.77% |
| 2020 | 72.4% | -20.0% | 81.6% | 1.14% |
| 2019 | 30.0% | 2.3% | 42.0% | 6.08% |
NAV & Total Return History
PDEAX - Holdings
Concentration Analysis
| PDEAX | Category Low | Category High | PDEAX % Rank | |
|---|---|---|---|---|
| Net Assets | 618 M | 682 K | 111 B | 45.58% |
| Number of Holdings | 43 | 9 | 7534 | 92.88% |
| Net Assets in Top 10 | 273 M | 290 K | 23.8 B | 40.03% |
| Weighting of Top 10 | 47.26% | 2.9% | 101.1% | 9.13% |
Top 10 Holdings
- MakeMyTrip Ltd 8.31%
- Taiwan Semiconductor Manufacturing Co Ltd 8.24%
- Mahindra Mahindra Ltd 5.23%
- NU Holdings Ltd/Cayman Islands 5.09%
- Varun Beverages Ltd 4.58%
- Meituan 4.41%
- Embraer SA 3.01%
- MercadoLibre Inc 3.00%
- ASPEED Technology Inc 2.76%
- 360 ONE WAM Ltd 2.64%
Asset Allocation
| Weighting | Return Low | Return High | PDEAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.64% | 0.00% | 105.03% | 12.11% |
| Cash | 1.66% | -2.03% | 98.08% | 52.14% |
| Preferred Stocks | 0.00% | 0.00% | 13.31% | 73.36% |
| Other | 0.00% | -1.11% | 39.53% | 55.13% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 39.45% |
| Bonds | 0.00% | 0.00% | 95.13% | 43.59% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PDEAX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 29.42% | 0.00% | 48.94% | 0.87% |
| Technology | 18.82% | 0.00% | 47.50% | 76.33% |
| Industrials | 17.09% | 0.00% | 43.53% | 3.32% |
| Financial Services | 13.98% | 0.00% | 48.86% | 90.62% |
| Healthcare | 7.77% | 0.00% | 16.53% | 15.44% |
| Communication Services | 7.49% | 0.00% | 39.29% | 68.83% |
| Basic Materials | 3.29% | 0.00% | 30.03% | 84.70% |
| Real Estate | 2.14% | 0.00% | 17.15% | 34.78% |
| Utilities | 0.00% | 0.00% | 39.12% | 81.39% |
| Energy | 0.00% | 0.00% | 24.80% | 91.63% |
| Consumer Defense | 0.00% | 0.00% | 25.90% | 98.85% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PDEAX % Rank | |
|---|---|---|---|---|
| Non US | 56.62% | 0.00% | 100.52% | 96.58% |
| US | 43.01% | 0.00% | 100.95% | 2.14% |
PDEAX - Expenses
Operational Fees
| PDEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.53% | 0.03% | 29.98% | 36.57% |
| Management Fee | 0.95% | 0.00% | 2.00% | 66.76% |
| 12b-1 Fee | 0.30% | 0.00% | 1.00% | 60.07% |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| PDEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.50% | 3.50% | 5.75% | 43.82% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PDEAX 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.
| PDEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 78.00% | 0.00% | 189.00% | 78.03% |
PDEAX - Distributions
Dividend Yield Analysis
| PDEAX | Category Low | Category High | PDEAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 9.74% | 94.16% |
Dividend Distribution Analysis
| PDEAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Annual | Annual |
Net Income Ratio Analysis
| PDEAX | Category Low | Category High | PDEAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.98% | -1.98% | 17.62% | 96.60% |
Capital Gain Distribution Analysis
| PDEAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Quarterly | Quarterly |
PDEAX - Fund Manager Analysis
Managers
Albert Kwok
Start Date
Tenure
Tenure Rank
Sep 16, 2014
7.71
7.7%
Albert Kwok, CFA, is a Managing Director, Emerging Markets Equity Portfolio Manager and Research Analyst of Jennison, which he joined in April 2011. Mr. Kwok was previously with Loomis, Sayles & Company for five years as a research analyst focusing on stocks in emerging Asia. Prior to Loomis Sayles, Mr. Kwok was a research analyst at Engemann Asset Management covering, over time, technology, health care, industrials, energy, and growth cyclical companies across market capitalizations. Mr. Kwok earned a BA in business economics from the University of California, Los Angeles. Mr. Kwok holds a Chartered Financial Analyst (CFA) designation.
Sara Moreno
Start Date
Tenure
Tenure Rank
Sep 16, 2014
7.71
7.7%
Sara Moreno is a Managing Director, Emerging Markets Equity Manager and Research Analyst of Jennison, which she joined in April 2011. Mrs. Moreno was previously with Loomis, Sayles & Company for three years as a research analyst focusing on stocks in Latin America and emerging Eastern Europe, the Middle East, and Africa. Prior to Loomis Sayles, Mrs. Moreno was a research analyst at Citi Global Markets, focusing on managed care and specialty pharmaceuticals. Mrs. Moreno started her career at Moody’s and also worked at Goldman Sachs before Citi. Mrs. Moreno earned her BA in economics from Bryn Mawr College and an MBA from the University of Chicago.
Mark Baribeau
Start Date
Tenure
Tenure Rank
Sep 16, 2014
7.71
7.7%
Mark B. Baribeau, CFA, is a managing director, the head of global equity, and a global equity portfolio manager. He joined Jennison Associates in April 2011. He was previously with Loomis Sayles for more than 21 years, where he was lead portfolio manager for the Global Equity Opportunities strategy, beginning in 2005. In addition, he managed large cap growth portfolios from 1992 to 2010, serving as lead manager from 1999 to 2010. Prior to his tenure at Loomis, Mark was an economist at John Hancock Financial Services. He received a BA in economics from the University of Vermont and an MA from the University of Maryland. Mark has a CFA designation and is a member of the Boston Security Analysts Society and the National Association of Business Economists.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.68 | 13.42 |
