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Overall Morningstar Rating TM

Overall Morningstar Rating™ out of 5101 USD High Yield Bond, as of 30 June 2025.

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Morningstar measures risk-adjusted returns. The overall rating is a weighted average based on the Fund's 3-, 5-, and 10-year star rating. Source: Morningstar. Inception: 23 October 2018. Ratings 3yr 4/5101, 5yr 5/3890, 10yr N/A. See MORNINGSTAR INFORMATION at the bottom of this page.

Objective

The investment objective of the PGIM Quant Solutions Global Equity Fund (the “Fund”) (Prior to 30 November 2023, the Fund was known as PGIM Quant Solutions Global Core Equity ESG Fund) is to provide long term capital appreciation. The Fund seeks to achieve its objective through investments in equity and equity related securities of companies located throughout the world, which are primarily listed or traded on Recognised Markets (as set out in Appendix B of the Prospectus). The Fund will incorporate environmental, social and governance (“ESG”) factors into its investment process. PGIM Quantitative Solutions 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. 

multi-factor approach

Disciplined approach to global equity investing that analyzes multiple factors such as value, growth, and quality

adaptive portfolio analysis

Tactical exposure to a targeted set of fundamentally-based factors based on changing market conditions and company growth rates

strong esg integration

Transparent integration of environmental, social, and governance factors with traditional investment performance drivers

All data as of 08 August 2025 unless otherwise indicated.
Fund features
Investment Manager: PGIM Quantitative Solutions
Domicile: Ireland
Benchmark: MSCI World Index (NET) (USD)
Base Currency: USD
Dealing: Daily
Fund Net Assets (USD mm): 82.25
SFDR Classification: Article 8
FUND CHARACTERISTICS
AS OF 30 June 2025
Fund
Number of Holdings 296
Market Cap Weighted Average USD(B) 782.5
Market Cap Weighted Average EUR(B) 666.6
Market Cap Median ($US) 22.2
EPS Growth (3-5 yr est.) 13.39
Dividend Yield 1.95
P/B (%) 3.39
P/E (%) 21
ROE 28.09
Turnover Ratio (Latest 12-Months) 89

Due to the characteristics of the fund, the NAV may be highly volatile.

fees
Entry Charge: None
Exit Charge: None
Management (%): 0.45
Ongoing Charges (%): 0.60
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: IE00BGJVXC85
SEDOL: BGJVXC8
WKN: A2N7X6
Bloomberg: PGQGCUI ID
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.

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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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.  

Growth of $10,000

Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.

Please refer to the Fund Documents for other important
information regarding the risks involved in an investment
in the Fund.

standard (%)
AS OF 30 June 2025
ANNUALISED
Net Returns
1 Mo
3 Mo
YTD
1Yr
3Yr
5Yr
Since Inception (23 October 2018)
Fund 4.66 12.59 9.98 15.44 17.92 14.94 12.16
Benchmark 4.32 11.47 9.47 16.26 18.31 14.55 12.55
Difference 0.34 1.12 0.51 -0.82 -0.39 0.39 -0.39
rolling 12 month (%)
AS OF 30 June 2025
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Fund - - - - - 2.54 39.02 -12.00 17.49 20.90 15.44
Benchmark - - - - - 2.84 39.04 -14.34 18.51 20.19 16.26
Difference - - - - - -0.30 -0.02 2.34 -1.02 0.71 -0.82
CALENDAR YEAR (%)

Year Ended 31 December

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Fund - - - - 25.69 13.49 24.82 -15.68 20.46 19.10
Benchmark - - - - 27.67 15.90 21.82 -18.14 23.79 18.67
Difference - - - - -1.98 -2.42 3.00 2.46 -3.33 0.43

The monthly calculated performance scenarios are available upon request.

Source: PGIM, Inc. Past performance is no guarantee of future results. Net returns are calculated on a Net Asset Value (NAV) to NAV basis and reflect the deduction of ongoing fees, which include the management fee. Difference represents the difference between net returns and the benchmark and may reflect rounding differences. Benchmark is MSCI All Country World Index (NET) (USD) (the "Benchmark").

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.

The Benchmark captures large and mid cap representation across 23 Developed Markets (DM) countries*. With 1,643 constituents as of June 30 2018, the index covers approximately 85% of the free float-adjusted market capitalization in each country. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com)

Fund performance is as of the last business day of the month as defined in the Fund Supplement, which may differ from the month end. If any current shareholders would like to receive intra-month summaries please request this through your registered financial intermediary.

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All data as of 30 June 2025 unless otherwise indicated.
All data as of 30 June 2025 unless otherwise indicated.
Sector Allocation (%)
Sector
Fund
Benchmark
Information Technology 26.7% 26.2
Financials 16.6% 17.1
Industrials 11.3% 11.4
Healthcare 10.1% 9.5
Consumer Discretionary 9.3% 10.1
Communication Services 8.6% 8.5
Consumer Staples 4.1% 6.0
Energy 2.9% 3.5
Real Estate 2.8% 2.0
Materials 2.2% 3.2
Utilities 1.6% 2.6
Other 0.2% —
Cash/Equiv 3.5% —
REGIONAL ALLOCATION (%)
Region
Fund
Benchmark
North America 71.8 75.1
Europe ex UK 12.8 12.9
Japan 4.8 5.4
United Kingdom 3.7 3.7
Pacific Rim ex Japan 3.1 2.7
Middle East/Africa 0.4 0.2
Cash/Equiv 3.5 —
TOP 10 HOLDINGS (%)
Holding
Fund
NVIDIA 5.8
Microsoft 5.2
Apple 3.4
Broadcom 2.3
Amazon.com 2.1
Meta Platforms 1.4
JPMorgan Chase 1.3
Mastercard Inc 1.2
Alphabet - Class C 1.2
Oracle 1.1

Source: PGIM, Inc. Totals may not equal 100% due to rounding. Portfolio holdings may not represent current, future investments or all of the portfolio’s holdings. Future portfolio holdings may not be profitable.

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.

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ABOUT

PGIM Quantitative Solutions, founded in 1975, manages over $102 billion in assets (as of 31 Mar 2024). The firm employs rigorous factor analysis which helps isolate alpha in seeking to deliver repeatable, scalable, and consistent returns for clients. For over 40 years, PGIM Quantitative Solutions has served investors by building actively managed investment strategies across a broad asset class spectrum ranging from global equity to multi-asset class solutions for a worldwide client base.

Ken D'Souza, CFA
Ken D'Souza, CFA

Principal and Portfolio Manager for PGIM Quantitative Solutions within the Quantitative Equity Team

|

PGIM Quantitative Solutions

Ken D'Souza, CFA, is a Principal and Portfolio Manager for PGIM Quantitative Solutions working within the Quantitative Equity team.

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Wen Jin, CFA
Wen Jin, CFA

Managing Director and Portfolio Manager for PGIM Quantitative Solutions

|

PGIM Quantitative Solutions

Wen Jin, PhD, CFA, is a Managing Director and Portfolio Manager for PGIM Quantitative Solutions working within the Quantitative Equity team.

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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.

3487443    Ed. 04/2024

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.