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PGIM Jennison Natural Resources Fund
mutual fund
PJNQX
Payout Change
Pending
Price as of:
$53.77
+0.31
+0.58%
primary theme
Natural Resources Industry Equity
share class
PJNQX (Mutual Fund)
PGIM Jennison Natural Resources Fund
Payout Change
Pending
Price as of:
$53.77
+0.31
+0.58%
primary theme
Natural Resources Industry Equity
share class
PJNQX (Mutual Fund)
PGIM Jennison Natural Resources Fund
Payout Change
Pending
Price as of:
$53.77
+0.31
+0.58%
primary theme
Natural Resources Industry 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
1.1%
1 yr return
-0.8%
3 Yr Avg Return
7.9%
5 Yr Avg Return
12.2%
Net Assets
$668 M
Holdings in Top 10
46.5%
52 WEEK LOW AND HIGH
$53.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.83%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 35.00%
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
PJNQX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return 7.9%
- 5 Yr Annualized Total Return 12.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.53%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePGIM Jennison Natural Resources Fund
-
Fund Family NamePrudential
-
Inception DateDec 27, 2010
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNeil Brown
Fund Description
The Fund normally invests at least 80% of its investable assets (net assets plus any borrowings for investment purposes) in equity and equity-related securities of natural resource companies and in asset-based securities. Natural resource companies are U.S. and foreign (non-U.S. based) companies that own, explore, mine, process or otherwise develop, or provide goods and services with respect to, natural resources, such as companies involved in the exploration and production of energy, oil, gas, metals and mining, and gold. Asset-based securities are securities, the values of which are related to the market value of a natural resource. The principal type of equity in which the Fund invests is common stock. In addition to common stock, equity and equity-related securities include preferred stock, rights that can be exercised to obtain stock, warrants and debt securities or preferred stock convertible into or exchangeable for common or preferred stock and interests in master limited partnerships. The Fund may invest in companies of anysize. The Fund normally invests in a portfolio consisting of companies in a variety of natural resource related sectors, such as energy or materials, and natural resource related industries, such as oil and gas, chemicals, or metals and mining. The Fund may invest without limitation in any one natural resource related sector or industry and is not required to invest any portion of its assets in any one natural resource sector or industry. The relative weightings of natural resource sectors or industries in the Fund’s portfolio may vary from time to time. Generally, the subadviser considers selling a security when it believes it no longer displays the conditions for growth, is no longer undervalued, or falls short of expectations.
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PJNQX - Performance
Return Ranking - Trailing
| Period | PJNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.1% | -20.7% | 14.3% | 34.29% |
| 1 Yr | -0.8% | -20.4% | 12.4% | 36.19% |
| 3 Yr | 7.9%* | -19.5% | 14.3% | 20.59% |
| 5 Yr | 12.2%* | -2.0% | 29.4% | 18.37% |
| 10 Yr | 4.2%* | -5.5% | 12.5% | 62.65% |
* Annualized
Return Ranking - Calendar
| Period | PJNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -4.0% | -13.1% | 52.1% | 60.58% |
| 2022 | 21.5% | -34.9% | 34.0% | 12.75% |
| 2021 | 26.3% | -4.9% | 83.5% | 35.00% |
| 2020 | 9.9% | -23.4% | 126.4% | 56.12% |
| 2019 | 14.4% | -25.1% | 36.9% | 35.05% |
Total Return Ranking - Trailing
| Period | PJNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.1% | -20.7% | 14.3% | 34.29% |
| 1 Yr | -0.8% | -20.4% | 12.4% | 36.19% |
| 3 Yr | 7.9%* | -19.5% | 14.3% | 20.59% |
| 5 Yr | 12.2%* | -2.0% | 29.4% | 18.37% |
| 10 Yr | 4.2%* | -5.5% | 12.5% | 62.65% |
* Annualized
Total Return Ranking - Calendar
| Period | PJNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.7% | -12.2% | 57.6% | 71.15% |
| 2022 | 25.1% | -32.2% | 35.5% | 13.73% |
| 2021 | 27.9% | -2.5% | 83.6% | 39.00% |
| 2020 | 11.8% | -22.2% | 127.8% | 56.12% |
| 2019 | 17.1% | -25.1% | 37.6% | 42.27% |
NAV & Total Return History
PJNQX - Holdings
Concentration Analysis
| PJNQX | Category Low | Category High | PJNQX % Rank | |
|---|---|---|---|---|
| Net Assets | 668 M | 1.31 M | 6.14 B | 39.05% |
| Number of Holdings | 53 | 26 | 317 | 49.52% |
| Net Assets in Top 10 | 343 M | 547 K | 3.4 B | 46.67% |
| Weighting of Top 10 | 46.53% | 16.4% | 75.9% | 55.24% |
Top 10 Holdings
- PGIM Institutional Money Market Fund - D 8.79%
- Diamondback Energy Inc 5.21%
- Agnico Eagle Mines Ltd 5.14%
- Shell PLC 5.05%
- TechnipFMC PLC 4.43%
- Ivanhoe Mines Ltd 4.00%
- Cameco Corp 3.93%
- ERO Copper Corp 3.47%
- Exxon Mobil Corp 3.27%
- Valero Energy Corp 3.24%
Asset Allocation
| Weighting | Return Low | Return High | PJNQX % Rank | |
|---|---|---|---|---|
| Stocks | 97.50% | 0.00% | 100.20% | 80.95% |
| Cash | 11.32% | 0.00% | 23.75% | 8.57% |
| Preferred Stocks | 0.00% | 0.00% | 6.24% | 89.52% |
| Other | 0.00% | -0.42% | 23.81% | 86.67% |
| Convertible Bonds | 0.00% | 0.00% | 0.43% | 89.52% |
| Bonds | 0.00% | 0.00% | 83.60% | 89.52% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PJNQX % Rank | |
|---|---|---|---|---|
| Energy | 62.67% | 0.00% | 89.67% | 14.29% |
| Basic Materials | 28.29% | 2.49% | 100.00% | 77.14% |
| Industrials | 3.65% | 0.00% | 63.67% | 60.00% |
| Consumer Defense | 2.54% | 0.00% | 33.96% | 40.00% |
| Technology | 1.55% | 0.00% | 17.68% | 23.81% |
| Utilities | 0.79% | 0.00% | 35.93% | 35.24% |
| Real Estate | 0.50% | 0.00% | 36.20% | 22.86% |
| Healthcare | 0.00% | 0.00% | 22.67% | 92.38% |
| Financial Services | 0.00% | 0.00% | 4.52% | 89.52% |
| Communication Services | 0.00% | 0.00% | 0.21% | 89.52% |
| Consumer Cyclical | 0.00% | 0.00% | 43.37% | 96.19% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PJNQX % Rank | |
|---|---|---|---|---|
| US | 72.88% | 0.00% | 100.20% | 45.71% |
| Non US | 24.62% | 0.00% | 89.12% | 54.29% |
PJNQX - Expenses
Operational Fees
| PJNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.83% | 0.08% | 4.45% | 57.14% |
| Management Fee | 0.75% | 0.00% | 1.25% | 60.00% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.25% | N/A |
Sales Fees
| PJNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| PJNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 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.
| PJNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 35.00% | 4.00% | 169.00% | 40.23% |
PJNQX - Distributions
Dividend Yield Analysis
| PJNQX | Category Low | Category High | PJNQX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.37% | 0.00% | 12.19% | 48.57% |
Dividend Distribution Analysis
| PJNQX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| PJNQX | Category Low | Category High | PJNQX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.53% | -35.65% | 6.21% | 47.12% |
Capital Gain Distribution Analysis
| PJNQX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 05, 2024 | $0.726 | OrdinaryDividend |
| Dec 05, 2023 | $1.223 | OrdinaryDividend |
| Dec 05, 2022 | $1.694 | OrdinaryDividend |
| Dec 03, 2021 | $0.561 | OrdinaryDividend |
| Dec 04, 2020 | $0.580 | OrdinaryDividend |
| Aug 07, 2020 | $0.004 | OrdinaryDividend |
| Dec 05, 2019 | $0.713 | OrdinaryDividend |
| Dec 06, 2018 | $0.618 | OrdinaryDividend |
| Dec 06, 2016 | $0.308 | ExtraDividend |
| Dec 06, 2016 | $0.147 | OrdinaryDividend |
| Jun 17, 2016 | $0.276 | OrdinaryDividend |
| Jun 17, 2016 | $0.018 | ExtraDividend |
PJNQX - Fund Manager Analysis
Managers
Neil Brown
Start Date
Tenure
Tenure Rank
Jul 31, 2006
15.84
15.8%
Neil P. Brown, CFA, is a managing director and a global natural resources equity portfolio manager and research analyst. He joined Jennison Associates in November 2005. Prior to joining Jennison, He worked on the North American oil and gas exploration and production team as an equity research associate/analyst at Deutsche Bank Securities from 2000 to 2005. Prior to joining Deutsche Bank, Neil worked at Donaldson, Lufkin & Jenrette as a research associate covering the exploration and production sector. Neil also worked as an analyst in Metropolitan Life Insurance Company's institutional finance department from 1997 to 2000. He received a BA in mathematics and history from Duke University and is a member of the New York Society of Securities Analysts.
John "Jay" Saunders
Start Date
Tenure
Tenure Rank
Jul 31, 2006
15.84
15.8%
Jay Saunders is a managing director and a global natural resources equity portfolio manager and equity research analyst. He joined Jennison Associates in October 2005. Previously, he was on the global oil team as a vice president at Deutsche Bank Securities from 2000 to 2005, covering North American integrated oils, independent refiners, and exploration and production companies. From 1997 to 2000, Jay worked at the Energy Intelligence Group and became the managing editor for the Oil Market Intelligence newsletter, reporting on a broad range of energy topics. From 1994 to 1997, Jay was with Hart Publications/The Oil Daily Co. where he was an associate editor responsible for oil-related publications. He received a BA from the College of William and Mary and a masters in communication, print journalism from American University. Jay was ranked the number one refiners analyst by Zacks Investment Research in 2005.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.16 | 24.18 | 7.58 | 0.54 |
