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PGIM QUANT SOLUTIONS LARGE-CAP VALUE FUND
mutual fund
PRVRX
Payout Change
Pending
Price as of:
$12.38
+0.09
+0.73%
primary theme
U.S. Large-Cap Value Equity
share class
PRVRX (Mutual Fund)
PGIM QUANT SOLUTIONS LARGE-CAP VALUE FUND
Payout Change
Pending
Price as of:
$12.38
+0.09
+0.73%
primary theme
U.S. Large-Cap Value Equity
share class
PRVRX (Mutual Fund)
PGIM QUANT SOLUTIONS LARGE-CAP VALUE FUND
Payout Change
Pending
Price as of:
$12.38
+0.09
+0.73%
primary theme
U.S. Large-Cap Value 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
12.7%
1 yr return
13.0%
3 Yr Avg Return
4.9%
5 Yr Avg Return
6.8%
Net Assets
$262 M
Holdings in Top 10
16.7%
52 WEEK LOW AND HIGH
$12.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 73.00%
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
PRVRX - Profile
Distributions
- YTD Total Return 12.7%
- 3 Yr Annualized Total Return 4.9%
- 5 Yr Annualized Total Return 6.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.19%
- Dividend Yield 3.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NamePGIM QUANT SOLUTIONS LARGE-CAP VALUE FUND
-
Fund Family NamePrudential
-
Inception DateJun 19, 2015
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMitchell Stern
Fund Description
Under normal circumstances, the Fund invests at least 80% of its investable assets in the common stock of large-capitalization companies. 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 currently considers large-capitalization companies as companies with market capitalizations within the range of companies included in the Russell 1000 Index or the S&P 500 Index.The Fundinvests in a diversified portfolio of large-capitalization company stocks that the subadviser believes are attractively priced when evaluated using quantitative measures such as price-to-earnings (P/E), price-to-cash flow (P/CF), and price-to-book (P/B) ratios. In selecting investments for the Fund, the subadviser uses a value strategy. Although the strategy emphasizes attractive valuations, the subadviser also considers other quantifiable characteristics of a company. Such characteristics may include, among others, measures of earnings quality, external financing, or trends in the earnings outlook. The emphasis placed on valuation and other factors may vary over time and with marketconditions. Quantitative techniques, which focus on objective measurement and analysis of data, also guide portfolio construction. To manage risk, the subadviser limits certain exposures such as the proportion of assets invested in an individual stock or industry. Although the strategy is primarily quantitative, the subadviser’s investment management team also exercises judgment when evaluating underlying data and positions recommended by its quantitativeprocess.
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PRVRX - Performance
Return Ranking - Trailing
| Period | PRVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.7% | -32.7% | 51.5% | 69.73% |
| 1 Yr | 13.0% | -32.4% | 51.6% | 73.10% |
| 3 Yr | 4.9%* | -9.5% | 17.8% | 79.94% |
| 5 Yr | 6.8%* | -2.1% | 43.8% | 87.75% |
| 10 Yr | N/A* | 1.2% | 24.7% | 85.01% |
* Annualized
Return Ranking - Calendar
| Period | PRVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.1% | -16.9% | 46.1% | 57.13% |
| 2022 | -14.9% | -64.7% | 4.6% | 75.38% |
| 2021 | 19.6% | -44.2% | 57.5% | 34.97% |
| 2020 | -8.1% | -23.2% | 285.0% | 91.47% |
| 2019 | 16.1% | -21.4% | 48.5% | 71.25% |
Total Return Ranking - Trailing
| Period | PRVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.7% | -32.7% | 51.5% | 69.73% |
| 1 Yr | 13.0% | -32.4% | 51.6% | 73.10% |
| 3 Yr | 4.9%* | -9.5% | 17.8% | 79.94% |
| 5 Yr | 6.8%* | -2.1% | 43.8% | 87.75% |
| 10 Yr | N/A* | 1.2% | 24.7% | 82.37% |
* Annualized
Total Return Ranking - Calendar
| Period | PRVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.6% | -15.9% | 46.7% | 70.83% |
| 2022 | -6.9% | -42.0% | 8.5% | 62.26% |
| 2021 | 30.4% | 3.6% | 129.7% | 11.56% |
| 2020 | -6.6% | -22.6% | 304.8% | 96.49% |
| 2019 | 21.5% | -12.7% | 52.1% | 88.11% |
NAV & Total Return History
PRVRX - Holdings
Concentration Analysis
| PRVRX | Category Low | Category High | PRVRX % Rank | |
|---|---|---|---|---|
| Net Assets | 262 M | 2.09 M | 163 B | 73.99% |
| Number of Holdings | 260 | 2 | 1727 | 6.74% |
| Net Assets in Top 10 | 56.3 M | 466 K | 39.5 B | 80.92% |
| Weighting of Top 10 | 16.74% | 4.4% | 99.1% | 95.69% |
Top 10 Holdings
- Berkshire Hathaway Inc 2.97%
- JPMorgan Chase Co 2.86%
- Exxon Mobil Corp 2.35%
- UnitedHealth Group Inc 1.49%
- Chevron Corp 1.27%
- Verizon Communications Inc 1.23%
- Wells Fargo Co 1.17%
- Bank of America Corp 1.16%
- Comcast Corp 1.14%
- ATT Inc 1.10%
Asset Allocation
| Weighting | Return Low | Return High | PRVRX % Rank | |
|---|---|---|---|---|
| Stocks | 99.82% | 4.16% | 102.49% | 4.58% |
| Cash | 0.18% | 0.00% | 17.28% | 91.49% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 42.00% |
| Other | 0.00% | -2.59% | 39.89% | 53.04% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 38.91% |
| Bonds | 0.00% | 0.00% | 97.99% | 41.44% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PRVRX % Rank | |
|---|---|---|---|---|
| Financial Services | 28.99% | 0.00% | 58.05% | 3.97% |
| Healthcare | 12.48% | 0.00% | 30.08% | 88.10% |
| Energy | 9.31% | 0.00% | 54.00% | 29.65% |
| Communication Services | 8.48% | 0.00% | 26.58% | 12.75% |
| Consumer Cyclical | 8.47% | 0.00% | 22.74% | 19.55% |
| Technology | 7.60% | 0.00% | 54.02% | 84.99% |
| Real Estate | 6.77% | 0.00% | 90.54% | 7.55% |
| Industrials | 5.19% | 0.00% | 42.76% | 94.05% |
| Basic Materials | 4.68% | 0.00% | 20.01% | 20.87% |
| Consumer Defense | 4.25% | 0.00% | 34.10% | 87.35% |
| Utilities | 3.78% | 0.00% | 27.04% | 60.62% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PRVRX % Rank | |
|---|---|---|---|---|
| US | 99.82% | 4.16% | 102.49% | 4.30% |
| Non US | 0.00% | 0.00% | 24.08% | 56.50% |
PRVRX - Expenses
Operational Fees
| PRVRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.75% | 0.03% | 14.82% | 10.89% |
| Management Fee | 0.79% | 0.00% | 1.50% | 90.62% |
| 12b-1 Fee | 0.75% | 0.00% | 1.00% | 76.51% |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| PRVRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| PRVRX 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.
| PRVRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 73.00% | 0.00% | 488.00% | 79.02% |
PRVRX - Distributions
Dividend Yield Analysis
| PRVRX | Category Low | Category High | PRVRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.01% | 0.00% | 16.67% | 43.35% |
Dividend Distribution Analysis
| PRVRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| PRVRX | Category Low | Category High | PRVRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.19% | -1.51% | 4.28% | 58.81% |
Capital Gain Distribution Analysis
| PRVRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2024 | $0.369 | OrdinaryDividend |
| Dec 13, 2024 | $0.150 | CapitalGainShortTerm |
| Dec 13, 2024 | $1.566 | CapitalGainLongTerm |
| Dec 13, 2023 | $0.098 | OrdinaryDividend |
| Dec 13, 2023 | $0.324 | CapitalGainLongTerm |
| Dec 13, 2022 | $1.167 | OrdinaryDividend |
| Dec 13, 2021 | $1.252 | OrdinaryDividend |
| Dec 11, 2020 | $0.196 | OrdinaryDividend |
| Dec 13, 2019 | $0.222 | OrdinaryDividend |
| Dec 13, 2019 | $0.014 | CapitalGainShortTerm |
| Dec 13, 2019 | $0.354 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.208 | OrdinaryDividend |
| Dec 13, 2018 | $0.189 | CapitalGainShortTerm |
| Dec 13, 2018 | $0.565 | CapitalGainLongTerm |
| May 18, 2018 | $0.009 | OrdinaryDividend |
| May 18, 2018 | $0.265 | CapitalGainShortTerm |
| May 18, 2018 | $0.290 | CapitalGainLongTerm |
| Dec 18, 2017 | $0.147 | OrdinaryDividend |
| Dec 18, 2017 | $0.304 | CapitalGainShortTerm |
| Dec 18, 2017 | $0.158 | CapitalGainLongTerm |
| May 19, 2017 | $0.019 | OrdinaryDividend |
| May 19, 2017 | $0.593 | CapitalGainShortTerm |
| May 19, 2017 | $0.131 | CapitalGainLongTerm |
| Dec 14, 2016 | $0.155 | OrdinaryDividend |
| Dec 14, 2016 | $0.058 | CapitalGainShortTerm |
| Dec 14, 2016 | $0.312 | CapitalGainLongTerm |
| May 20, 2016 | $0.028 | OrdinaryDividend |
| Dec 10, 2015 | $0.089 | OrdinaryDividend |
| Dec 10, 2015 | $1.554 | CapitalGainLongTerm |
PRVRX - Fund Manager Analysis
Managers
Mitchell Stern
Start Date
Tenure
Tenure Rank
Apr 25, 2014
8.1
8.1%
Mitchell Stern, PhD, is a Managing Director for QMA working within the Quantitative Equity team, where he serves as both a Senior Portfolio Manager and Co-Head of the Value strategies. In this capacity he is responsible for portfolio management, analysis and research for the Value strategies. Prior to joining QMA, he was the Lead Researcher for Dreman Value Management. Mitch was also an Assistant Professor of Finance at the University of Tennessee and Fairfield University. Mitch earned a BA in Economics from Brandeis University and an MA and a PhD in Economics from the University of Virginia.
Stephen Courtney
Start Date
Tenure
Tenure Rank
Apr 25, 2014
8.1
8.1%
Stephen Courtney is a Managing Director for QMA working within the Quantitative Equity team, where he serves as both a Senior Portfolio Manager and Co-Head of the Value strategies. In this capacity, he is responsible for portfolio management, analysis and research for the Value strategies. Prior to joining QMA, Stephen was a Director at ClearBridge Investments and its predecessor organizations, where he served as a research analyst and portfolio manager for 26 years. He earned a BA in Political Science from Boston College. He is also a member of the CFA Institute and the New York Society of Security Analysts.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
