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Critical Facts You Need to Know About Preferred Stocks
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PGIM QUANT SOLUTIONS LARGE-CAP CORE FUND
mutual fund
PTMAX
Payout Change
Pending
Price as of:
$21.58
+0.23
+1.08%
primary theme
U.S. Large-Cap Blend Equity
share class
PTMAX (Mutual Fund)
PGIM QUANT SOLUTIONS LARGE-CAP CORE FUND
Payout Change
Pending
Price as of:
$21.58
+0.23
+1.08%
primary theme
U.S. Large-Cap Blend Equity
share class
PTMAX (Mutual Fund)
PGIM QUANT SOLUTIONS LARGE-CAP CORE FUND
Payout Change
Pending
Price as of:
$21.58
+0.23
+1.08%
primary theme
U.S. Large-Cap Blend 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
28.8%
1 yr return
29.1%
3 Yr Avg Return
10.9%
5 Yr Avg Return
14.1%
Net Assets
$781 M
Holdings in Top 10
35.3%
52 WEEK LOW AND HIGH
$21.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.79%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 101.00%
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
PTMAX - Profile
Distributions
- YTD Total Return 28.8%
- 3 Yr Annualized Total Return 10.9%
- 5 Yr Annualized Total Return 14.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.84%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePGIM QUANT SOLUTIONS LARGE-CAP CORE FUND
-
Fund Family NamePRUDENTIAL
-
Inception DateMar 12, 1999
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStacie Mintz
Fund Description
The Fund seeks investments that will appreciate over time. The Fund’s goal is to outperform the returns of the S&P 500 Index over the long term. The Fund normally invests at least 80% of its investable assets in equity and equity-related securities of large capitalization U.S. 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 subadviser employs a quantitatively driven, bottom-up investment process. The stock selection process utilizes an adaptive model that evaluates stocks differently based on their growth expectations. The subadviser constructs portfolios that seek to maximize the Fund’s investments in the most attractive stocks identified by the model, subject to risk constraints. At times, the Fund may have a significant portion of its assets invested in the same economic sector.
Read More
PTMAX - Performance
Return Ranking - Trailing
| Period | PTMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.8% | -53.3% | 47.6% | 20.37% |
| 1 Yr | 29.1% | -53.0% | 47.8% | 18.95% |
| 3 Yr | 10.9%* | -24.7% | 16.4% | 12.51% |
| 5 Yr | 14.1%* | -10.4% | 108.3% | 40.82% |
| 10 Yr | 12.0%* | -0.6% | 52.3% | 41.97% |
* Annualized
Return Ranking - Calendar
| Period | PTMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.1% | -42.6% | 47.4% | 32.28% |
| 2022 | -18.7% | -56.3% | -4.2% | 22.95% |
| 2021 | 10.6% | -27.2% | 537.8% | 74.55% |
| 2020 | 8.5% | -22.5% | 2181.7% | 70.67% |
| 2019 | 24.3% | -13.5% | 40.4% | 44.62% |
Total Return Ranking - Trailing
| Period | PTMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.8% | -53.3% | 47.6% | 20.37% |
| 1 Yr | 29.1% | -53.0% | 47.8% | 18.95% |
| 3 Yr | 10.9%* | -24.7% | 16.4% | 12.51% |
| 5 Yr | 14.1%* | -10.4% | 108.3% | 40.82% |
| 10 Yr | 12.0%* | -0.6% | 52.3% | 41.97% |
* Annualized
Total Return Ranking - Calendar
| Period | PTMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 26.4% | -5.0% | 47.4% | 22.46% |
| 2022 | -16.8% | -36.8% | -2.2% | 37.94% |
| 2021 | 29.1% | 3.0% | 537.8% | 17.45% |
| 2020 | 11.0% | -15.8% | 2266.0% | 85.34% |
| 2019 | 29.3% | -0.4% | 241.3% | 56.77% |
NAV & Total Return History
PTMAX - Holdings
Concentration Analysis
| PTMAX | Category Low | Category High | PTMAX % Rank | |
|---|---|---|---|---|
| Net Assets | 781 M | 2.34 M | 1.84 T | 61.11% |
| Number of Holdings | 198 | 2 | 3963 | 34.49% |
| Net Assets in Top 10 | 321 M | 880 K | 525 B | 60.20% |
| Weighting of Top 10 | 35.30% | 0.3% | 111.6% | 54.29% |
Top 10 Holdings
- Microsoft Corp 7.07%
- Apple Inc 6.91%
- NVIDIA Corp 6.76%
- Amazon.com Inc 4.12%
- Alphabet Inc 2.39%
- Alphabet Inc 2.05%
- Meta Platforms Inc 1.84%
- (PIPA070) PGIM Core Government Money Market Fund 1.42%
- Eli Lilly Co 1.39%
- Johnson Johnson 1.34%
Asset Allocation
| Weighting | Return Low | Return High | PTMAX % Rank | |
|---|---|---|---|---|
| Stocks | 98.40% | 0.00% | 105.79% | 63.68% |
| Cash | 1.47% | 0.00% | 99.07% | 37.73% |
| Bonds | 0.11% | 0.00% | 93.85% | 4.89% |
| Other | 0.01% | -13.91% | 100.00% | 24.54% |
| Preferred Stocks | 0.00% | 0.00% | 2.15% | 44.94% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 42.10% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PTMAX % Rank | |
|---|---|---|---|---|
| Technology | 24.61% | 0.00% | 48.94% | 42.99% |
| Healthcare | 15.05% | 0.00% | 52.29% | 34.54% |
| Financial Services | 13.21% | 0.00% | 55.59% | 62.25% |
| Consumer Cyclical | 10.06% | 0.00% | 30.33% | 60.98% |
| Industrials | 8.99% | 0.00% | 29.90% | 51.01% |
| Communication Services | 8.40% | 0.00% | 27.94% | 51.52% |
| Consumer Defense | 6.39% | 0.00% | 47.71% | 64.19% |
| Energy | 5.53% | 0.00% | 41.64% | 18.07% |
| Basic Materials | 3.44% | 0.00% | 25.70% | 28.97% |
| Utilities | 2.28% | 0.00% | 20.91% | 60.05% |
| Real Estate | 2.04% | 0.00% | 31.91% | 70.44% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PTMAX % Rank | |
|---|---|---|---|---|
| US | 98.40% | 0.00% | 105.79% | 55.56% |
| Non US | 0.00% | 0.00% | 63.83% | 52.24% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PTMAX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 1.42% | 0.00% | 100.00% | 36.38% |
| Derivative | 0.01% | -1.48% | 25.41% | 14.62% |
| Securitized | 0.00% | 0.00% | 52.16% | 41.64% |
| Corporate | 0.00% | 0.00% | 100.00% | 47.91% |
| Municipal | 0.00% | 0.00% | 2.10% | 41.11% |
| Government | 0.00% | 0.00% | 100.00% | 43.12% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PTMAX % Rank | |
|---|---|---|---|---|
| US | 0.11% | 0.00% | 91.39% | 4.89% |
| Non US | 0.00% | 0.00% | 13.58% | 40.38% |
PTMAX - Expenses
Operational Fees
| PTMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.79% | 0.01% | 19.75% | 51.42% |
| Management Fee | 0.35% | 0.00% | 1.90% | 33.92% |
| 12b-1 Fee | 0.30% | 0.00% | 1.00% | 63.58% |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| PTMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.50% | 1.00% | 5.75% | 56.12% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PTMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| PTMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 101.00% | 0.00% | 268.00% | 91.63% |
PTMAX - Distributions
Dividend Yield Analysis
| PTMAX | Category Low | Category High | PTMAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.76% | 0.00% | 25.47% | 30.09% |
Dividend Distribution Analysis
| PTMAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| PTMAX | Category Low | Category High | PTMAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.84% | -54.00% | 2.44% | 41.61% |
Capital Gain Distribution Analysis
| PTMAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2024 | $0.161 | OrdinaryDividend |
| Dec 13, 2024 | $1.217 | CapitalGainShortTerm |
| Dec 13, 2024 | $0.964 | CapitalGainLongTerm |
| Dec 26, 2023 | $0.058 | OrdinaryDividend |
| Dec 13, 2023 | $0.170 | OrdinaryDividend |
| Dec 13, 2023 | $0.413 | CapitalGainLongTerm |
| Dec 13, 2022 | $0.372 | OrdinaryDividend |
| Dec 13, 2021 | $3.062 | OrdinaryDividend |
| Dec 11, 2020 | $0.382 | OrdinaryDividend |
| Dec 12, 2019 | $0.182 | OrdinaryDividend |
| Dec 12, 2019 | $0.434 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.368 | CapitalGainShortTerm |
| Dec 13, 2018 | $2.373 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.218 | OrdinaryDividend |
| Dec 13, 2017 | $0.112 | CapitalGainShortTerm |
| Dec 13, 2017 | $2.318 | CapitalGainLongTerm |
| Dec 13, 2017 | $0.179 | OrdinaryDividend |
| Dec 19, 2016 | $0.668 | CapitalGainLongTerm |
| Dec 19, 2016 | $0.151 | OrdinaryDividend |
| Dec 18, 2015 | $0.718 | CapitalGainLongTerm |
| Dec 18, 2015 | $0.138 | OrdinaryDividend |
| Dec 19, 2014 | $0.156 | CapitalGainShortTerm |
| Dec 19, 2014 | $1.051 | CapitalGainLongTerm |
| Dec 19, 2014 | $0.108 | OrdinaryDividend |
| Dec 13, 2013 | $0.170 | CapitalGainShortTerm |
| Dec 13, 2013 | $0.949 | CapitalGainLongTerm |
| Dec 13, 2013 | $0.125 | OrdinaryDividend |
| Dec 13, 2012 | $0.486 | CapitalGainLongTerm |
| Dec 13, 2012 | $0.133 | OrdinaryDividend |
| Dec 01, 2011 | $0.791 | CapitalGainLongTerm |
| Dec 01, 2011 | $0.115 | OrdinaryDividend |
| Dec 03, 2010 | $0.019 | OrdinaryDividend |
PTMAX - Fund Manager Analysis
Managers
Stacie Mintz
Start Date
Tenure
Tenure Rank
Dec 31, 2007
14.42
14.4%
Stacie L. Mintz, CFA, is a Managing Director and Portfolio Manager for QMA working within the Quantitative Equity team. In this capacity, she manages US Core, Long Short and Market Neutral strategies, as well as overseeing the team responsible for implementation. Prior to her current role, Stacie was a member of the Global Multi-Asset Solutions team, where she was responsible for several retail and institutional portfolios. In addition, during that time, she was responsible for managing the overall asset allocation for the Prudential Pension Plan. She earned a BA in Economics from Rutgers University, an MBA in Finance from New York University and holds the Chartered Financial Analyst (CFA) designation.
Devang Gambhirwala
Start Date
Tenure
Tenure Rank
Dec 28, 2016
5.42
5.4%
Devang Gambhirwala is a Principal and Portfolio Manager for QMA working within the Quantitative Equity team. In this capacity, he is responsible for managing US Core, Long Short and Market Neutral strategies. He is also responsible for the management of structured products. Prior to joining QMA, Devang worked as a Quantitative Research Analyst and Assistant Portfolio Manager for PGIM. He earned a BS in Computer and Information Sciences from the New Jersey Institute of Technology and an MBA from Rutgers University.
Stephen Courtney
Start Date
Tenure
Tenure Rank
Feb 12, 2021
1.3
1.3%
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 |
|---|---|---|---|
| 0.04 | 39.02 | 7.29 | 2.42 |
