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Separately Managed Accounts

Jennison Large Cap Value Equity JennisonLargeCapValueEquity

Seeks long-term growth of capital by investing in a diversified portfolio of equity securities that Jennison believes are being valued at a discount.

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Overview

Research-driven Traditional Value Approach

The Jennison Large Cap Value Equity strategy uses a bottom-up stock selection approach in seeking to outperform its large-cap value benchmarks at a comparable risk level. The investment team's in-depth fundamental research is critical to successful stock selection.

Looking for Troubled Stocks, Not Troubled Companies

The investment team believes that most large companies inherently produce normalized levels of returns and growth rates. Although those rates may deviate over the short term, the team believes they usually revert to normal levels over time. The managers assess companies with underperforming stocks to identify instances where the market is incorrectly interpreting subnormal returns and growth rates. They then try to identify changes in fundamentals (catalysts) that will lead to upward price movements. The resulting portfolio generally holds 50 to 60 stocks diversified across industries and sectors.

Portfolio Managers

Joseph Esposito
Joseph Esposito
Large Cap Value Portfolio Manager

Joseph Esposito

Warren Koontz, Jr., CFA
Warren Koontz, Jr., CFA
Managing Director & Portfolio Manager,
and Head of Large Cap Value Equity

Warren Koontz, Jr., CFA

1036688-00001-00

SMAs differ from pooled vehicles like mutual funds in that each portfolio is unique to a single account therefore the investment decisions may vary from those made for other accounts. SMAs do not issue registered prospectuses, the fees structures differ from those normally seen in mutual funds and generally carry higher account investment minimums. Please remember that there are inherent risks involved with investing in the markets, and investments may be worth more or less than initial investment upon redemption. There is no guarantee that the investment managers' objectives will be achieved. Professional money management is not suitable for all investors. Investment objectives, risk tolerance, and liquidity needs must be reviewed before suitable programs can be recommended. Asset allocation and diversification strategies do not assure a profit or protect against loss in declining markets. Investors should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation.

Separately Managed Accounts are offered through our affiliates. Jennison Associates is a registered investment advisor. Both are Prudential Financial companies. © 2021 Prudential Financial, Inc. and its related entities. Jennison Associates, Jennison, PGIM and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

Investment Products: Are not insured by the FDIC or any other federal government agency, may lose value, and are not a deposit of or guaranteed by any bank or any bank affiliate.

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This site is intended for U.S. investors only.  All investments involve risk, including loss of principal

PGIM, the principal investment management business of Prudential Financial, Inc.(PFI), is comprised of several business units, including PGIM investments.   PGIM Investments, a subsidiary of PFI, is an investment adviser and the investment manager to all PGIM US open-end investment companies and manager or administrator to closed-end investment companies. Other PGIM businesses that may sub-advise certain PGIM Investments open and closed-end investment companies include:  PREI, Jennison Associates, QMA LLC, PGIM Fixed Income.   Securities are offered by Prudential Investment Management Services LLC (PIMS), a PFI company, member FINRAopens in a new window, SIPCopens in a new window and affiliate of PGIM Investments.   Any content relating to securities is the sole responsibility of PIMS, unless otherwise noted.  Check the background of this firm on FINRA’s BrokerCheckopens in a new window.

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Separately Managed Accounts are offered through PGIM, Inc, Jennison Associates and QMA LLC.

The information contained is being provided as general investment education only and does not take into account the investment objectives or financial situation of any existing or prospective investors.  The information should not be construed as investment advice or a recommendation with respect to any security or investment strategy.  Investors seeking information regarding their particular investment needs should contact their financial professional.

© 2021 Prudential Financial, Inc. and its related entities. Jennison Associates, PGIM Real Estate, PGIM and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

Investment Products: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED.