Objective

The PGIM Global Select Real Estate Securities Fund (the “Fund”) aims to provide long term capital appreciation. The Fund seeks to achieve its objective through investments in equity and equity related securities of real estate companies located throughout the world. The Investment Manager takes a value-oriented approach to investing, based upon assessments of the fundamental value of real estate assets and of the performance and record of management teams of real estate companies. They also analyse the quality of real estate asset cash flows and sustainability and growth of company dividends. The Fund incorporates environmental, social and governance factors into its investment process and promotes certain sustainability characteristics. PGIM Real Estate has determined that the Fund qualifies as a Light Green Fund, which is a fund that seeks to comply with the principles of Article 8 of the SFDR. Please see the Company’s Fund Documents as defined below for additional information.

expertise

PGIM Real Estate: A trusted partner with more than 50 years of experience actively managing public and private real estate investments

proven track record

The PGIM Global Real Estate Securities Team’s vast collective of experiences has resulted in a long-term proven track record

high conviction

A concentrated portfolio of real estate securities chosen based on fundamental value of their real estate assets and management track record

All data as of 25 September 2025 unless otherwise indicated.
Fund features
Investment Manager: PGIM Real Estate
Domicile: Ireland
Benchmark: —
Base Currency: USD
Dealing: Daily
Fund Net Assets (USD mm): 326.02
SFDR Classification: Article 8
share class features

Where an investor's own currency is different to the currency of the fund, the return on investment may be affected by fluctuations in the currency exchange rate. Also, the use of financial derivative instruments may result in increased gains or losses within the Fund.

fees
Entry Charge: None
Exit Charge: None
Management (%): 0.60
Ongoing Charges (%): 0.72
Switching Fee: None

Swing pricing, as defined in the prospectus, may be applied on a subscription or redemption of shares to reflect the costs of dealing in the Fund's assets.

Symbols
ISIN: IE000NUPF8R0
SEDOL: 0NUPF8R
WKN: —
Bloomberg: —

Source: PGIM, Inc. Past performance is no guarantee of future results.

This is a marketing communication. Further information about the Fund (including the current Prospectus and Fund Supplement, net asset value per share of the Fund, and most recent financial statements) is available from the applicable distributor.

This Summary Fund Profile is a financial promotion and qualified in its entirety by reference to the more complete information contained in the Company’s Prospectus (the “Prospectus”), Supplement (the “Supplement”) and Key Investor Information Document (the “KIID”) or Key Information Document (the "KID"), depending on the jurisdition (collectively the “Fund Documents”). Capitalised terms used herein without definition have the respective meanings provided in the Prospectus, Supplement and KIID/KID, as applicable. Investors should review the Fund Documents and seek advice prior to making an investment.

RISKS

An investment in the Fund involves a high degree of risk, including the risk that the entire amount invested may be lost. The Fund is primarily designed to purchase certain investments, which will introduce significant risk to the Fund, including asset performance, price volatility, administrative risk and counterparty risk. No guarantee or representation is made that any Fund’s investment program will be successful, or that such Fund’s returns will exhibit low correlation with an investor’s traditional securities portfolio.

Any investment in the Fund will be deemed to be a speculative investment and is not intended as a complete investment program. Investment in the Fund is suitable only for persons who can bear the economic risk of the loss of their investment and who meet the conditions set forth in the Fund Documents. There can be no assurances that the Fund will achieve its investment objective. Prospective and existing Investors should carefully consider the risks involved in an investment in the Fund, including, but not limited to, those discussed in the Fund Documents. Prospective and existing Investors should consult their own legal, tax and financial advisors about the risks of an investment in the Fund. Any such risk could have a material adverse effect on the Fund and its Shareholders.

 

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fund administration

Investment Manager                  PGIM, Inc.
ListingGlobal Exchange Market of the Irish Stock Exchange plc
DepositaryState Street Custodial Services (Ireland) Limited
AdministratorState Street Fund Services (Ireland) Limited
AuditorPwC
ReportingMonthly statements
 Annual audited financial statements

fund structure

  • Ireland based UCITS fund
  • The Fund is a sub-fund of PGIM Funds plc (the “Company”)
  • The Company is an investment company with variable capital incorporated in Ireland with registered number 530399
  • The Company is established as an umbrella fund with segregated liability between sub-funds
  • The Company is managed by PGIM Investments (Ireland) Limited (the “Manager”). The Company and the Manager are each authorised in Ireland and regulated by the Central Bank of Ireland.

MORNINGSTAR INFORMATION

The Morningstar Rating for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustments for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year(if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

©2025 Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.  

ABOUT

PGIM Real Estate manages  $207 billion in assets (as of 31 Mar 2024) and has been redefining the real estate investing landscape since 1970, with professionals containing deep local knowledge and experience in 18 cities across the Americas, Europe, and Asia Pacific. The firm offers a broad range of real estate investment vehicles that span the risk-return spectrum across core, core plus, value-add, debt, securities, and specialised investment strategies.

Rick Romano, CFA
Rick Romano, CFA

Managing Director and Head of Global Real Estate Securities (GRES)

PGIM Real Estate

Rick J. Romano, CFA, is a Managing Director and Head of Global Real Estate Securities (GRES) business.

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Michael Gallagher
Michael Gallagher

Executive Director and Portfolio Manager for PGIM Real Estate (UK)

PGIM Real Estate

Michael Gallagher is an Executive Director and Portfolio Manager for PGIM Real Estate (UK) Limited based in London.

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Daniel Cooney, CFA
Daniel Cooney, CFA

Managing Director with PGIM Real Estate and Portfolio Manager for Global Real Estate Securities Business

PGIM Real Estate

Daniel Cooney is a Managing Director with PGIM Real Estate and a portfolio manager for the Global Real Estate Securities (GRES) business.

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Alvin Chan, CFA
Alvin Chan, CFA

Portfolio Manager for Public Securities Investments in Asia Pacific

PGIM Real Estate

Alvin Chan, CFA, is a Portfolio Manager responsible for the public securities investments in the Asia Pacific region.

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The monthly calculated performance scenarios are available upon request.

Source: PGIM, Inc. Past performance is no guarantee of future results.

This is a marketing communication. Further information about the Fund (including the current Prospectus and Fund Supplement, net asset value per share of the Fund, and most recent financial statements) is available from the applicable distributor.

This Summary Fund Profile is a financial promotion and qualified in its entirety by reference to the more complete information contained in the Fund Documents. Capitalised terms used herein without definition have the respective meanings provided in the Fund Documents as applicable. Investors should review the Fund Documents and seek advice prior to making an investment.

3311703    Ed. 01/2024

PGIM literature

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There is no guarantee that this objective will be achieved. Portfolio characteristics subject to change. No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment.