Public REIT Securities
Offering portfolios of publicly traded real estate companies, with awards for top-ranking funds. (Reference award details below).
Strives to deliver value though deep local knowledge, investment experience and sector specialization across:
Alternative investment strategies that aim to provide the potential for higher income with lower volatility, including:
As of June 30, 2023. Net AUM is $133B and AUA is $49B.
Lipper Award: In the Lipper Fund Awards, funds had to be registered for sale in the respective country as of the end of the year and the fund had to have at least 36 months of performance history as of the end of the evaluation year. S&P 500 Index funds, specialty diversified equity funds and specialty/miscellaneous funds were not eligible to receive classification awards. Rankings do not take sales charges into account. Past performance does not guarantee future results. Performance by share class may vary. Other share classes, which contain either a sales load or a contingent deferred sales charge, are also available. These expenses could lower total fund return. Please see the prospectus for additional information about fees, expenses and investor eligibility requirements. From Lipper Fund Awards from Refinitiv, ©2022 Refinitiv. All rights reserved. Used under license.
PGIM Select Real Estate Fund #1 Global Real Estate Fund (Class R6) for the 5-year period out of 138 funds ended 11/30/2021. Class R6 total return ranking for the 1-year period: 32 out of 162 funds; 3-year period: 3 out of 161 funds as of 11/30/2021. Inception date: Class Z: 8/1/2014. Lipper Funds category rankings are based on total return, do not take sales charges into account, and are calculated against all funds in each fund’s respective Lipper category. Lipper ranking for the 1-, 3- and 5-year periods as of 1/31/2022 for the Select Real Estate Fund for the global real estate category were 30 out of 161, 4 out of 160, and 2 out of 142 respectively.
PGIM U.S. Real Estate Fund #1 Real Estate Fund (Class Z) for the 5-year period out of 184 funds ended 11/30/2021. Class Z total return ranking for the 1-year period: 16 out of 246 funds; 3-year period: 14 out of 231 funds, 10-year period: 20 out of 148 funds as of 11/30/2021. Inception date: Class Z: 12/21/2010. Lipper Funds category rankings are based on total return, do not take sales charges into account, and are calculated against all funds in each fund’s respective Lipper category. Lipper ranking for the 1-, 3-, 5- and 10-year periods as of 1/31/2022 for the real estate category were 9 out of 251, 15 out of 232, 11 out of 202, and 19 out of 148 respectively.
Investing in real estate poses certain risks related to overall and specific economic conditions, as well as risks related to individual property, credit, and interest rate fluctuations. The Funds may have additional risks due to their narrow focus These risks may result in greater share price volatility. There is no guarantee the Funds’ objectives will be achieved.
Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectuses and summary prospectuses contain this and other information about the funds. For more information about a fund, please click ‘About the fund,’ which will take you to the broker-dealer site . Read them carefully before investing.
Mutual funds are distributed by Prudential Investment Management Services LLC (PIMS). PGIM Real Estate is a unit of PGIM, Inc. (PGIM), a registered investment advisor. PIMS and PGIM are Prudential Financial companies. ©2022 Prudential Financial, Inc. and its related entities. PGIM Real Estate, PGIM, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.
Mutual funds are not insured by the FDIC or any federal government agency, are not a deposit of or guaranteed by any bank or any bank affiliate, and may lose value.
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.