Barron’s Best Fund Families 2024

Barron’s Best Fund Families: Ranked #4 for best fund family over the 1-year period ended 12/31/2024, among 48 qualifying fund families based on asset- weighted returns.

Objective

Seeks long-term growth of capital by investing in the stocks of large, medium, and small companies. The Fund may be appropriate for investors looking for a broad exposure to the equity market and need a core holding to anchor their portfolio. 

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. This chart represents historical performance and does not assume the effects of sales charges or varying fees and expenses of other share classes. If shown with sales charges or these other fees and expenses, performance could have been lower. It is not possible to invest directly in an index. Click here to view benchmark index definitions.

FUND INFORMATION
Style: All-Cap
Total Net Assets: $1.096 Billion
Dividends (Paid): Annually
Dividends (Accrued):
Capital Gains: Annually
Fund Statistics
AS OF 09/30/2025
Name
Weight
Avg Weighted Market Cap ($) 85,637.97
Beta (3 year) 1.08
P/E (Price/Earnings) Ratio 23.20
Standard Deviation (3 year) 15.22
Turnover Ratio (12-month %) 47.00

Barron's Information: PGIM Investments ranked 4 out of 48, 8 out of 47, 12 out of 46 firms for the 1-, 5-, and 10-year periods ended 12/31/2024, respectively.

PGIM Jennison Blend Fund (Class Z) Lipper total return ranking for the 1-, 3-, 5-, and 10-year periods as of 12/31/2024 for the Multi-Cap Core Funds category were: 222/636, 330/587, 212/540, and 170/387, respectively. 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. 

Class Z Lipper total return ranking for the 1-, 3-, 5-, and 10-year periods as of 6/30/2025: 332/617, 196/579, 285/521, and 214/380, respectively. Past Performance is no guarantee of future results.

*Used with permission. © 2025 Dow Jones & Company, Inc. Source: Barron’s, Feb. 27, 2025. Barron’s rankings are based on asset-weighted returns in funds in five categories: U.S. Equity; World Equity; Mixed Asset; Taxable Bond; and Tax-Exempt (each a “Barron’s ranking category”). Rankings also take into account an individual fund’s performance within its Lipper peer universe. Lipper calculated each fund’s net total return for the year ended Dec. 31, 2024, minus the effects of 12b-1 fees and sales charges. Each fund in the survey was given a percentile ranking, with 100 the highest and 1 the lowest in its category. That ranking measured how a fund compared with its peer “universe,” as tracked by Lipper, not just the funds in the survey. Individual fund scores were then multiplied by the 2024 weighting of their Barron’s ranking category as determined by the entire Lipper universe of funds. Those fund scores were then totaled, creating an overall score and ranking for each fund family in the survey in each Barron’s ranking category. To qualify for the ranking, firms must offer at least three active mutual funds or actively run ETFs in Lipper’s general U.S. Stock category; one in World Equity; and one Mixed Asset. They also need to offer at least two taxable bond funds and one national tax-exempt bond fund. All funds must have a track record of at least one year.

Risks of investing in the fund include but are not limited to the following: The Fund's blend investment style may subject the Fund to the risks of both value and growth investing. Equity and equity-related securities may be subject to changes in value, and their values may be more volatile than those of other asset classes. Small- and Mid-cap investments may be subject to more erratic market movements than large-cap stocks. Foreign securities are subject to currency fluctuations and political uncertainty. There is no guarantee the Fund's objective will be achieved. Risks are more fully explained in the fund's prospectus.

Total Returns (%)

as of
RETURNS:
SALES CHARGE:
TOTAL RETURNS (%) WITH SALES CHARGE WITHOUT SALES CHARGE
Cumulative Average Annual
Class Ticker YTD 1-Yr 3-Yr 5-Yr 10-Yr Since Inception

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

See Daily Returns for the PGIM Jennison Blend Fund.
See Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Jennison Blend Fund.

See Daily Returns for the PGIM Jennison Blend Fund.
See Quarterly SEC Standardized Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Jennison Blend Fund.

Fund Expenses
Maximum Sales Charge (%)
Class
Gross (%)
Net (%)
Date*
A 0.93 0.93 5.50
C 1.89 1.89 1.00
R6 2.99 0.64 12/31/2025
Z 0.64 0.64

*This date represents the contractual reduction date through which the net expense ratio is in effect.

Total return describes the return to the investor after net operating expenses but before any sales charges are imposed. Morningstar Category Average is unmanaged, is based on the average return of all funds in this category, and does not take into consideration applicable sales charges. Unless noted otherwise, Morningstar Category Average and index returns reflect performance beginning the closest month-end date to the Fund's inception. Benchmark since inception average is based on Class Z inception date. SEC standardized return describes the return to the investor after net operating expense and maximum sales charges are imposed. All returns assume share price changes as well as the compounding effect of reinvested dividends and capital gains. Returns may reflect fee waivers and/or expense reimbursements. Without such, returns would be lower. All returns 1-year or less are cumulative.

Morningstar Large Growth Category Average: Large-growth portfolios invest primarily in big U.S. companies that are projected to grow faster than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these portfolios focus on companies in rapidly expanding industries.

Russell 3000® Index measures the performance of the largest 3,000 U.S. companies of the investable U.S. equity market. 

An investment cannot be made directly in an index or average. All indexes and averages are unmanaged.

Prices

AS OF 10/29/2025
Class
NAV ($)
NAV Change ($)
NAV Change (%)
POP ($)
Total Net Assets ($)
A 27.08 -0.01 -0.04 28.66 1,065,168,139.12
C 20.49 -0.01 -0.05 9,440,849.04
R6 27.30 -0.01 -0.04 1,313,989.31
Z 27.30 -0.01 -0.04 44,120,612.97

NAV (Net Asset Value) is the $U.S. value of a single share of a fund, excluding any sales charges. Change shows the change in $U.S. value over the previous day:Gain= Gain, Loss= Loss,  No Change = No Change.

See Prices of other PGIM Investments Mutual Funds.

52 Week High/Low

AS OF 10/29/2025
Class
52 Week High ($)
52 Week High Date
52 Week Low ($)
52 Week Low Date
A 28.60 12/04/2024 19.80 04/08/2025
C 22.47 12/04/2024 15.06 04/08/2025
R6 28.84 12/04/2024 19.93 04/08/2025
Z 28.83 12/04/2024 19.93 04/08/2025

For share classes less than one year old, the 52-week high and 52-week low NAVs are calculated from inception to the current date.

Yields

AS OF 09/30/2025
Class SEC 30-Day Subsidized Yield (%) SEC 30-Day Unsubsidized Yield (%) Offer Distb. Yield (%) NAV Distb. Yield (%) SEC-30 Day Sub Taxable Equivalent Yield (%)
A - View Prospectus 0.31 0.31
C - View Prospectus -0.54 -0.54
R6 - View Prospectus 0.60 -0.14
Z - View Prospectus 0.60 0.60

See Yields of other PGIM Investments Mutual Funds.

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.

This material must be preceded or accompanied by a current prospectus or summary prospectus. Consider a fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.

Portfolio Attributes

AS OF 09/30/2025
Largest Holdings (% of Assets)
NVIDIA 4.4%
Microsoft 3.7%
Amazon.com 3.0%
Meta Platforms - Class A 2.9%
Apple 2.6%
Broadcom 2.4%
Walmart Stores 1.9%
JPMorgan Chase 1.7%
Alphabet - Class A 1.6%
General Electric Co. 1.4%
Sector Breakdown (% of Assets)
Industry
Fund (% of Assets)
Information Technology 26.3%
Financials 14.5%
Industrials 13.5%
Consumer Discretionary 10.1%
Healthcare 9.3%
Communication Services 8.7%
Consumer Staples 4.0%
Energy 3.8%
Utilities 3.4%
Real Estate 3.0%
Materials 2.2%
Cash/Equiv 1.0%
Largest Industries (% of Assets)
Semiconductors & Equipment 11.0%
Software 9.5%
Banks 7.4%
Aerospace/Defense 5.7%
Interactive Media & Services 5.4%
Target Allocation (%)
Target Allocation
Percentage
Large Cap Growth 33.3%
Large Cap Value 33.3%
Small/Mid Cap 33.3%
Fund Statistics
AS OF 09/30/2025
Avg Weighted Market Cap ($) 85,637.97
Beta (3 year) 1.08
P/E (Price/Earnings) Ratio 23.2
Standard Deviation (3 year) 15.22
Turnover Ratio (12-month %) 47

All data is unaudited and subject to change. Holdings/allocations may vary. This is not a recommendation to buy or sell any security listed. Largest holdings excludes cash, cash equivalents, money market funds and enhanced cash strategies. Totals may not sum due to rounding.

Fund Holdings

AS OF 09/30/2025

Holdings are unaudited, may vary and are subject to change. Please refer to the Fund's annual report for audited holdings information. This is not a recommendation to buy or sell any security listed.

Value ($): Cash securities are calculated using market value and derivative securities are calculated using notional value.

Source: Bank of New York Mellon. Holdings are provided to Prudential Financial by the custodian bank and Prudential Financial is not responsible for any errors or omissions related to the holdings data.

© 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved.

Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.

Investment products are distributed by Prudential Investment Management Services LLC, member FINRA and SIPC. PGIM Investments is a registered investment advisor and investment manager to PGIM registered investment companies. Jennison Associates is a registered investment advisor. All are Prudential Financial affiliates. © 2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, Jennison Associates, Jennison, 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.

INVESTMENT PRODUCTS | Are not insured by the FDIC or any federal government agency | May lose value | Are not a deposit of or guaranteed by any bank or any bank affiliate. 

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.

4072323 Ed. 12/2024

Security ID# (CUSIP/SEDOL)
Security Description
Ticker Symbol
Coupon Rate
Maturity Date
Shares/Notional
Value ($)
% of Portfolio
67066G104 Nvidia Corp NVDA 257,999.00 48,137,453.00 4.39
594918104 Microsoft Corp MSFT 78,525.00 40,672,023.00 3.71
023135106 Amazon.com Inc AMZN 149,453.00 32,815,395.00 2.99
30303M102 META Platforms Inc META 43,834.00 32,190,812.00 2.94
037833100 Apple Inc AAPL 112,377.00 28,614,555.00 2.61
11135F101 Broadcom Inc AVGO 79,310.00 26,165,162.00 2.39
931142103 Walmart Inc WMT 199,274.00 20,537,178.00 1.87
46625H100 Jpmorgan Chase & Co JPM 60,470.00 19,074,052.00 1.74
02079K305 Alphabet Inc GOOGL 70,982.00 17,255,724.00 1.57
369604301 General Electric Co GE 50,961.00 15,330,088.00 1.40
254687106 WALT Disney Co/the DIS 132,533.00 15,175,028.00 1.38
64110L106 Netflix Inc NFLX 12,152.00 14,569,275.00 1.33
65473P105 Nisource Inc NI 332,451.00 14,395,128.00 1.31
097023105 Boeing Co/the BA 64,915.00 14,010,604.00 1.28
532457108 ELI Lilly & Co LLY 18,077.00 13,792,751.00 1.26
88160R101 Tesla Inc TSLA 30,163.00 13,414,089.00 1.22
874039100 Taiwan Semiconductor Manufacturing Co Lt TSM 46,797.00 13,069,934.00 1.19
780259305 Shell Plc SHEL 161,536.00 11,554,670.00 1.05
30231G102 Exxon Mobil Corp XOM 102,051.00 11,506,250.00 1.05
74440W862 (pipa070) Pgim Core Government Money Mar 4.23 12/01/2099 11,098,811.00 11,098,811.00 1.01
38141G104 Goldman Sachs Group Inc/the GS 12,632.00 10,059,493.00 0.92
693475105 PNC Financial Services Group Inc/the PNC 47,061.00 9,455,966.00 0.86
75513E101 RTX Corp RTX 54,805.00 9,170,520.00 0.84
701094104 Parker-hannifin Corp PH 11,804.00 8,949,202.00 0.82
02079K107 Alphabet Inc GOOG 36,854.00 8,975,791.00 0.82
127387108 Cadence Design Systems Inc CDNS 25,135.00 8,828,920.00 0.81
17275R102 Cisco Systems Inc CSCO 128,286.00 8,777,328.00 0.80
68389X105 Oracle Corp ORCL 30,738.00 8,644,755.00 0.79
55261F104 M&T Bank Corp MTB 44,049.00 8,704,963.00 0.79
22788C105 Crowdstrike Holdings Inc CRWD 17,328.00 8,497,304.00 0.77
060505104 BANK Of America Corp BAC 161,876.00 8,351,182.00 0.76
BY7QL61 Johnson Controls International Plc JCI 75,804.00 8,334,649.00 0.76
57636Q104 Mastercard Inc MA 14,366.00 8,171,524.00 0.75
BNZHB81 Linde Plc LIN 16,769.00 7,965,275.00 0.73
37045V100 General Motors Co GM 129,463.00 7,893,359.00 0.72
59156R108 Metlife Inc MET 91,678.00 7,551,516.00 0.69
2898173 Tower Semiconductor Ltd TSEM 99,288.00 7,178,522.00 0.65
284902509 Eldorado Gold Corp EGO 242,339.00 7,001,173.00 0.64
22160K105 Costco Wholesale Corp COST 7,596.00 7,031,085.00 0.64
907818108 Union Pacific Corp UNP 28,807.00 6,809,110.00 0.62
88579Y101 3M CO MMM 42,176.00 6,544,871.00 0.60
15189T107 Centerpoint Energy Inc CNP 169,410.00 6,573,108.00 0.60
00287Y109 Abbvie Inc ABBV 28,393.00 6,574,115.00 0.60
046353108 Astrazeneca Plc AZN 79,932.00 6,132,383.00 0.56
92826C839 VISA Inc V 17,337.00 5,918,505.00 0.54
918284100 VSE Corp VSEC 34,725.00 5,772,684.00 0.53
571748102 Marsh & Mclennan Cos Inc MMC 28,749.00 5,793,785.00 0.53
133131102 Camden Property Trust CPT 54,317.00 5,799,969.00 0.53
03969K108 Arcutis Biotherapeutics Inc ARQT 304,014.00 5,730,663.00 0.52
007903107 Advanced Micro Devices Inc AMD 33,977.00 5,497,138.00 0.50
16411R208 Cheniere Energy Inc LNG 23,107.00 5,429,682.00 0.50
4012250 Airbus Se AIR 23,406.00 5,465,909.00 0.50
666807102 Northrop Grumman Corp NOC 9,010.00 5,489,973.00 0.50
03076K108 Ameris Bancorp ABCB 73,209.00 5,366,951.00 0.49
889478103 TOLL Brothers Inc TOL 38,307.00 5,291,728.00 0.48
B3BQMF6 Chubb Ltd CB 18,472.00 5,213,722.00 0.48
BD9G2S1 Gates Industrial Corp Plc GTES 212,355.00 5,270,651.00 0.48
81762P102 Servicenow Inc NOW 5,595.00 5,148,966.00 0.47
21037T109 Constellation Energy Corp CEG 15,754.00 5,184,168.00 0.47
24703L202 DELL Technologies Inc DELL 36,214.00 5,134,058.00 0.47
293712105 Enterprise Financial Services Corp EFSC 84,720.00 4,912,065.00 0.45
BFZ1K46 Spotify Technology Sa SPOT 7,086.00 4,946,028.00 0.45
904767704 Unilever Plc UL 81,186.00 4,812,706.00 0.44
82509L107 Shopify Inc SHOP 32,149.00 4,777,662.00 0.44
58733R102 Mercadolibre Inc MELI 2,015.00 4,708,934.00 0.43
548661107 Lowe's Cos Inc LOW 18,671.00 4,692,209.00 0.43
09260D107 Blackstone Inc BX 27,333.00 4,669,843.00 0.43
33829M101 FIVE Below Inc FIVE 29,927.00 4,629,706.00 0.42
97650W108 Wintrust Financial Corp WTFC 34,861.00 4,616,990.00 0.42
580135101 Mcdonald's Corp MCD 14,968.00 4,548,625.00 0.41
79466L302 Salesforce Inc CRM 18,469.00 4,377,153.00 0.40
36266G107 GE Healthcare Technologies Inc GEHC 58,047.00 4,359,329.00 0.40
03831W108 Applovin Corp APP 6,041.00 4,340,700.00 0.40
163086101 Chefs' Warehouse Inc/the CHEF 75,442.00 4,400,531.00 0.40
10948W103 Acadian Asset Management Inc AAMI 88,053.00 4,240,632.00 0.39
32055Y201 First Interstate Bancsystem Inc FIBK 132,835.00 4,233,451.00 0.39
833445109 Snowflake Inc SNOW 19,105.00 4,309,132.00 0.39
74340W103 Prologis Inc PLD 37,778.00 4,326,336.00 0.39
771195104 Roche Holding Ag RHHBY 102,571.00 4,288,493.00 0.39
74736L109 Q2 Holdings Inc QTWO 57,425.00 4,156,995.00 0.38
87650L103 Tarsus Pharmaceuticals Inc TARS 69,854.00 4,151,423.00 0.38
318910106 First Bancorp/southern Pines Nc FBNC 79,664.00 4,213,428.00 0.38
451107106 Idacorp Inc IDA 30,498.00 4,030,310.00 0.37
505743104 Ladder Capital Corp LADR 374,129.00 4,081,747.00 0.37
882508104 Texas Instruments Inc TXN 21,781.00 4,001,823.00 0.36
82982T106 Sitime Corp SITM 12,889.00 3,883,584.00 0.35
819047101 Shake Shack Inc SHAK 40,817.00 3,820,879.00 0.35
75970E107 Renasant Corp RNST 101,150.00 3,731,423.00 0.34
91324P102 Unitedhealth Group Inc UNH 10,649.00 3,677,099.00 0.34
92532F100 Vertex Pharmaceuticals Inc VRTX 9,436.00 3,695,515.00 0.34
45827U109 Intapp Inc INTA 91,406.00 3,738,505.00 0.34
390607109 Great Lakes Dredge & Dock Corp GLDD 314,175.00 3,766,958.00 0.34
50050N103 Kontoor Brands Inc KTB 44,989.00 3,588,772.00 0.33
258278100 Dorman Products Inc DORM 23,477.00 3,659,594.00 0.33
713448108 Pepsico Inc PEP 25,585.00 3,593,157.00 0.33
453204109 Impinj Inc PI 19,680.00 3,557,160.00 0.32
053604104 Avepoint Inc AVPT 222,846.00 3,344,918.00 0.31
BLD13F2 Credo Technology Group Holding Ltd CRDO 23,586.00 3,434,357.00 0.31
421298100 Hayward Holdings Inc HAYW 214,178.00 3,238,371.00 0.30
46120E602 Intuitive Surgical Inc ISRG 7,397.00 3,308,160.00 0.30
450056106 Irhythm Technologies Inc IRTC 18,889.00 3,248,719.00 0.30
2677606 AXIS Capital Holdings Ltd AXS 32,915.00 3,153,257.00 0.29
93403J106 Warby Parker Inc WRBY 116,010.00 3,199,555.00 0.29
60471A101 Mirion Technologies Inc MIR 138,762.00 3,227,604.00 0.29
816850101 Semtech Corp SMTC 43,151.00 3,083,138.00 0.28
42722X106 Heritage Financial Corp/wa HFWA 128,714.00 3,113,591.00 0.28
165303108 Chesapeake Utilities Corp CPK 22,181.00 2,987,558.00 0.27
21044C107 Construction Partners Inc ROAD 23,048.00 2,927,096.00 0.27
5596991 UCB Sa UCB 10,566.00 2,949,339.00 0.27
903002103 UMH Properties Inc UMH 201,229.00 2,988,250.00 0.27
BP8JSP4 Newamsterdam Pharma Co Nv NAMS 102,245.00 2,907,847.00 0.27
447462102 Huron Consulting Group Inc HURN 19,364.00 2,842,054.00 0.26
28618M106 Element Solutions Inc ESI 111,992.00 2,818,838.00 0.26
40131M109 Guardant Health Inc GH 44,819.00 2,800,291.00 0.26
127203107 Cactus Inc WHD 70,541.00 2,784,253.00 0.25
04911A107 Atlantic Union Bankshares Corp AUB 77,784.00 2,744,997.00 0.25
978097103 Wolverine World Wide Inc WWW 99,992.00 2,743,780.00 0.25
781846209 RUSH Enterprises Inc RUSHA 51,052.00 2,729,750.00 0.25
946784105 Waystar Holding Corp WAY 68,223.00 2,587,016.00 0.24
91704F104 Urban Edge Properties UE 127,305.00 2,605,933.00 0.24
05368V106 Avient Corp AVNT 76,431.00 2,518,401.00 0.23
222795502 Cousins Properties Inc CUZ 81,698.00 2,364,340.00 0.22
292765104 Enerpac Tool Group Corp EPAC 58,461.00 2,396,901.00 0.22
896522109 Trinity Industries Inc TRN 85,891.00 2,408,383.00 0.22
81663L200 Genedx Holdings Corp WGS 22,828.00 2,459,488.00 0.22
60786M105 Moelis & Co MC 34,229.00 2,441,212.00 0.22
646025106 NEW Jersey Resources Corp NJR 49,497.00 2,383,280.00 0.22
589378108 Mercury Systems Inc MRCY 29,943.00 2,317,588.00 0.21
74112D101 Prestige Consumer Healthcare Inc PBH 37,436.00 2,336,006.00 0.21
BP9DL90 Industria De Diseno Textil Sa ITX 40,943.00 2,265,942.00 0.21
BQXP757 Marex Group Plc MRX 67,574.00 2,271,837.00 0.21
22663K107 Crinetics Pharmaceuticals Inc CRNX 55,515.00 2,312,199.00 0.21
12621E103 CNO Financial Group Inc CNO 55,997.00 2,214,681.00 0.20
23804L103 Datadog Inc DDOG 14,598.00 2,078,755.00 0.19
099406100 BOOT Barn Holdings Inc BOOT 12,746.00 2,112,267.00 0.19
35086T109 FOUR Corners Property Trust Inc FCPT 84,553.00 2,063,093.00 0.19
90184D100 Twist Bioscience Corp TWST 73,315.00 2,063,084.00 0.19
87265H109 TRI Pointe Homes Inc TPH 61,312.00 2,082,768.00 0.19
53228F101 Lifestance Health Group Inc LFST 387,696.00 2,132,328.00 0.19
675232102 Oceaneering International Inc OII 78,649.00 1,948,922.00 0.18
729640102 Plymouth Industrial Reit Inc PLYM 87,134.00 1,945,702.00 0.18
92538J106 Vertex Inc VERX 78,954.00 1,957,269.00 0.18
428291108 Hexcel Corp HXL 30,734.00 1,927,021.00 0.18
497266106 Kirby Corp KEX 23,699.00 1,977,681.00 0.18
014491104 Alexander & Baldwin Inc ALEX 105,861.00 1,925,611.00 0.18
00091G104 ACV Auctions Inc ACVA 197,659.00 1,958,800.00 0.18
185123106 Clearwater Analytics Holdings Inc CWAN 110,081.00 1,983,659.00 0.18
485924104 Karman Holdings Inc KRMN 26,483.00 1,912,072.00 0.17
500643200 KORN Ferry KFY 27,292.00 1,909,894.00 0.17
30040P103 Evertec Inc EVTC 54,500.00 1,841,010.00 0.17
830940102 Skyward Specialty Insurance Group Inc SKWD 39,813.00 1,893,506.00 0.17
580589109 Mcgrath Rentcorp MGRC 16,267.00 1,908,119.00 0.17
750491102 Radnet Inc RDNT 22,931.00 1,747,571.00 0.16
302492103 Flywire Corp FLYW 125,602.00 1,700,651.00 0.16
27627N105 Eastern Bankshares Inc EBC 97,162.00 1,763,490.00 0.16
398433102 Griffon Corp GFF 23,671.00 1,802,546.00 0.16
45378A106 Independence Realty Trust Inc IRT 108,261.00 1,774,397.00 0.16
28176E108 Edwards Lifesciences Corp EW 21,736.00 1,690,408.00 0.15
402635502 Gulfport Energy Corp GPOR 9,144.00 1,654,881.00 0.15
00191U102 ASGN Inc ASGN 34,445.00 1,630,970.00 0.15
82981J851 SITE Centers Corp SITC 166,158.00 1,497,083.00 0.14
534187109 Lincoln National Corp LNC 37,314.00 1,504,873.00 0.14
624758108 Mueller Water Products Inc MWA 57,101.00 1,457,217.00 0.13
637870106 National Storage Affiliates Trust NSA 46,016.00 1,390,603.00 0.13
82452J109 Shift4 Payments Inc FOUR 18,742.00 1,450,630.00 0.13
83418M103 Solaris Energy Infrastructure Inc SEI 34,355.00 1,373,169.00 0.13
458665304 Interface Inc TILE 48,894.00 1,414,992.00 0.13
00650F109 Adaptive Biotechnologies Corp ADPT 88,366.00 1,321,955.00 0.12
80706P103 Scholar Rock Holding Corp SRRK 34,646.00 1,290,217.00 0.12
74164F103 Primoris Services Corp PRIM 9,569.00 1,314,110.00 0.12
686688102 Ormat Technologies Inc ORA 13,682.00 1,316,892.00 0.12
707569109 PENN Entertainment Inc PENN 66,471.00 1,280,231.00 0.12
64111Q104 Netgear Inc NTGR 42,214.00 1,367,311.00 0.12
98983L108 ZURN Elkay Water Solutions Corp ZWS 27,539.00 1,295,159.00 0.12
87305R109 TTM Technologies Inc TTMI 21,559.00 1,241,798.00 0.11
866082100 Summit Hotel Properties Inc INN 229,510.00 1,260,009.00 0.11
68404L201 Option Care Health Inc OPCH 44,010.00 1,221,717.00 0.11
801056102 Sanmina Corp SANM 10,596.00 1,219,705.00 0.11
85209W109 Sprout Social Inc SPT 89,800.00 1,160,216.00 0.11
03937C105 Arcbest Corp ARCB 17,217.00 1,202,951.00 0.11
04316A108 Artisan Partners Asset Management Inc APAM 28,990.00 1,258,166.00 0.11
20603L102 Concentra Group Holdings Parent Inc CON 59,862.00 1,252,911.00 0.11
03957W106 Archrock Inc AROC 46,935.00 1,234,859.00 0.11
19239V302 Cogent Communications Holdings Inc CCOI 27,437.00 1,052,208.00 0.10
03753U106 Apellis Pharmaceuticals Inc APLS 49,942.00 1,130,187.00 0.10
28852N109 Ellington Financial Inc EFC 82,111.00 1,065,800.00 0.10
25402D102 Digitalocean Holdings Inc DOCN 32,107.00 1,096,775.00 0.10
830879102 Skywest Inc SKYW 10,822.00 1,088,909.00 0.10
86722A103 Suncoke Energy Inc SXC 136,729.00 1,115,708.00 0.10
91347P105 Universal Display Corp OLED 7,490.00 1,075,788.00 0.10
984017103 Xenia Hotels & Resorts Inc XHR 70,823.00 971,691.00 0.09
BMHLZ26 Burford Capital Ltd BUR 83,271.00 995,921.00 0.09
651718504 NPK International Inc NPKI 82,631.00 934,556.00 0.09
296006109 ERO Copper Corp ERO 51,049.00 1,032,721.00 0.09
404251100 HNI Corp HNI 19,935.00 933,954.00 0.09
358039105 Freshpet Inc FRPT 18,746.00 1,033,092.00 0.09
53115L104 Liberty Energy Inc LBRT 82,242.00 1,014,866.00 0.09
13057Q305 California Resources Corp CRC 17,667.00 939,531.00 0.09
192108504 Coeur Mining Inc CDE 45,170.00 847,389.00 0.08
207410101 Conmed Corp CNMD 19,404.00 912,570.00 0.08
093712107 Bloom Energy Corp BE 10,178.00 860,753.00 0.08
02156V109 OKLO Inc OKLO 7,945.00 886,900.00 0.08
002121101 A10 Networks Inc ATEN 46,122.00 837,114.00 0.08
50187T106 LGI Homes Inc LGIH 17,753.00 918,007.00 0.08
518415104 Lattice Semiconductor Corp LSCC 12,444.00 912,394.00 0.08
524660107 Leggett & Platt Inc LEG 93,573.00 830,928.00 0.08
529043101 LXP Industrial Trust LXP 91,794.00 822,474.00 0.08
46124J201 Inventrust Properties Corp IVT 29,303.00 838,651.00 0.08
489170100 Kennametal Inc KMT 39,407.00 824,788.00 0.08
44952J104 Crescent Energy Co CRGY 99,506.00 887,593.00 0.08
421906108 Healthcare Services Group Inc HCSG 50,625.00 852,018.00 0.08
29082K105 Embecta Corp EMBC 61,432.00 866,805.00 0.08
55955D100 Magnite Inc MGNI 39,304.00 856,041.00 0.08
859241101 Sterling Infrastructure Inc STRL 2,567.00 871,958.00 0.08
BFZ4N46 Cushman & Wakefield Plc CWK 53,259.00 847,883.00 0.08
922280102 Varonis Systems Inc VRNS 14,378.00 826,303.00 0.08
BHCVTN5 Tecnoglass Inc TGLS 11,201.00 749,458.00 0.07
B4JSZL8 Fabrinet FN 1,995.00 727,416.00 0.07
982104101 Worthington Steel Inc WS 23,521.00 714,803.00 0.07
BPLZ7S5 Biohaven Ltd BHVN 48,078.00 721,650.00 0.07
834203309 Soleno Therapeutics Inc SLNO 10,573.00 714,734.00 0.07
767292105 RIOT Platforms Inc RIOT 39,520.00 752,065.00 0.07
565788106 MARA Holdings Inc MARA 44,262.00 808,224.00 0.07
72703X106 Planet Labs Pbc PL 62,462.00 810,756.00 0.07
343412102 Fluor Corp FLR 18,920.00 795,964.00 0.07
366505105 Garrett Motion Inc GTX 54,579.00 743,365.00 0.07
433000106 HIMS & Hers Health Inc HIMS 13,303.00 754,546.00 0.07
46222L108 IONQ Inc IONQ 11,670.00 717,705.00 0.07
00973Y108 Akero Therapeutics Inc AKRO 15,781.00 749,281.00 0.07
04342Y104 Asana Inc ASAN 54,837.00 732,622.00 0.07
14888U101 Catalyst Pharmaceuticals Inc CPRX 38,520.00 758,844.00 0.07
153527205 Central Garden & Pet Co CENTA 26,116.00 771,205.00 0.07
147448104 Casella Waste Systems Inc CWST 6,633.00 629,339.00 0.06
10948C107 Brightview Holdings Inc BV 51,119.00 684,994.00 0.06
03945R102 Archer Aviation Inc ACHR 63,604.00 609,326.00 0.06
440407104 Horizon Bancorp Inc/in HBNC 44,383.00 710,571.00 0.06
442487401 Hovnanian Enterprises Inc HOV 5,036.00 647,075.00 0.06
43283X105 Hilton Grand Vacations Inc HGV 15,194.00 635,261.00 0.06
297602104 Ethan Allen Interiors Inc ETD 22,606.00 665,972.00 0.06
24823R105 Denali Therapeutics Inc DNLI 44,178.00 641,464.00 0.06
73642K106 Portillo's Inc PTLO 108,959.00 702,785.00 0.06
B0539H3 Herbalife Ltd HLF 77,676.00 655,585.00 0.06
BJFSR88 Uniqure Nv QURE 12,127.00 707,852.00 0.06
918090101 UTZ Brands Inc UTZ 50,491.00 613,465.00 0.06
970646105 Willis Lease Finance Corp WLFC 4,781.00 655,427.00 0.06
87918A105 Teladoc Health Inc TDOC 81,952.00 633,488.00 0.06
88025U109 10X Genomics Inc TXG 44,530.00 520,555.00 0.05
88642R109 Tidewater Inc TDW 10,019.00 534,313.00 0.05
91688F104 Upwork Inc UPWK 26,630.00 494,519.00 0.05
92243G108 Vaxcyte Inc PCVX 14,262.00 513,717.00 0.05
B3P6D26 Alkermes Plc ALKS 19,024.00 570,720.00 0.05
985817105 YELP Inc YELP 18,670.00 582,504.00 0.05
750917106 Rambus Inc RMBS 5,255.00 547,571.00 0.05
76243J105 Rhythm Pharmaceuticals Inc RYTM 4,960.00 500,910.00 0.05
559663109 Magnolia Oil & Gas Corp MGY 23,209.00 553,998.00 0.05
405024100 Haemonetics Corp HAE 10,512.00 512,354.00 0.05
422704106 Hecla Mining Co HL 46,673.00 564,743.00 0.05
45780R101 Installed Building Products Inc IBP 2,293.00 565,591.00 0.05
457985208 Integra Lifesciences Holdings Corp IART 41,647.00 596,801.00 0.05
012348108 Albany International Corp AIN 9,535.00 508,215.00 0.05
002474104 AZZ Inc AZZ 4,978.00 543,249.00 0.05
043436104 Asbury Automotive Group Inc ABG 2,439.00 596,213.00 0.05
146229109 Carter's Inc CRI 20,412.00 576,026.00 0.05
15643U104 Centrus Energy Corp LEU 1,715.00 531,770.00 0.05
16115Q308 Chart Industries Inc GTLS 2,532.00 506,779.00 0.05
171484108 Churchill Downs Inc CHDN 6,093.00 591,081.00 0.05
18452B209 Cleanspark Inc CLSK 39,935.00 579,057.00 0.05
109641100 Brinker International Inc EAT 3,483.00 441,226.00 0.04
092244102 Black Rock Coffee Bar Inc BRCB 18,892.00 450,763.00 0.04
44812J104 HUT 8 Corp HUT 11,736.00 408,530.00 0.04
50127T109 KURA Oncology Inc KURA 55,150.00 488,077.00 0.04
31816X106 Firefly Aerospace Inc FLY 15,008.00 440,034.00 0.04
535555106 Lindsay Corp LNN 3,441.00 483,666.00 0.04
BMGTPT8 Riskified Ltd RSKD 92,173.00 431,369.00 0.04
91680M107 Upstart Holdings Inc UPST 7,902.00 401,421.00 0.04
92556W104 VIA Transportation Inc VIA 6,302.00 303,000.00 0.03
CURRENCY Currency 116,505.00 116,505.00 0.01

The CUSIP information contained in pgimfunds.com and/or prudential.com consists of security identifiers and related descriptive information (“the CUSIP Database”) and is protected under the copyright laws and is licensed with permission from CUSIP Global Services (“CGS”), on behalf of the American Bankers Association (“ABA”).

VISITOR agrees and acknowledges that the CUSIP Database and the information contained therein is and shall remain valuable intellectual property owned by, or licensed to, CGS and ABA, and that no proprietary rights are being transferred to VISITOR in such materials or in any of the information contained therein by virtue of VISITOR’s use of Subscriber’s Web Site. Any use of the CUSIP Database by VISITOR outside of the clearing and settlement of transactions may require a license from CGS, along with an associated fee based on usage.

VISITOR agrees that misappropriation or misuse of such materials will cause serious damage to CGS and ABA, and that in such event, money damages may not constitute sufficient compensation to CGS and ABA; consequently, VISITOR agrees that in the event of any misappropriation or misuse, CGS and ABA shall have the right to obtain injunctive relief in addition to any other legal or financial remedies to which CGS and ABA may be entitled.

VISITOR agrees that VISITOR shall not publish or distribute in any medium the CUSIP Database or any substantial portion of the information contained therein or summaries or subsets thereof to any person or entity unless permitted by a direct agreement with CGS. VISITOR may not create or maintain a master file or database of CUSIP identifiers or descriptions for itself or any third party recipient that is intended to serve as a substitute for any CUSIP service.

VISITOR agrees not to:

(a) Violate the restrictions in any robot inclusion headers on the Subscriber Web Site or in any way bypass or circumvent any other measure employed to limit or prevent access to the CUSIP Database on the Subscriber Web Site;

(b) Violate the security of the Subscriber Web Site or attempt to gain unauthorized access to the Web Site, CUSIP Database, materials, information, computer systems or networks connected to Subscriber server, through hacking, password mining or any other means; or

(c) Interfere or attempt to interfere with the proper working of the Subscriber Web Site or any activities conducted on or through the Subscriber Web Site, including accessing any CUSIP Database, content or other information prior to the time that is intended to be available to the public on the Subscriber Web Site;

NEITHER CGS, ABA NOR ANY OF THEIR AFFILIATES MAKE ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO THE ACCURACY, ADEQUACY OR COMPLETENESS OF ANY OF THE INFORMATION CONTAINED IN THE CUSIP DATABASE. ALL SUCH MATERIALS ARE PROVIDED TO VISITOR ON AN “AS IS” BASIS, WITHOUT ANY WARRANTIES AS TO MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE NOR WITH RESPECT TO THE RESULTS WHICH MAY BE OBTAINED FROM THE USE OF SUCH MATERIALS. NEITHER CGS, ABA NOR THEIR AFFILIATES SHALL HAVE ANY RESPONSIBILITY OR LIABILITY FOR ANY ERRORS OR OMISSIONS NOR SHALL THEY BE LIABLE FOR ANY DAMAGES, WHETHER DIRECT OR INDIRECT, SPECIAL OR CONSEQUENTIAL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL THE LIABILITY OF CGS, ABA OR ANY OF THEIR AFFILIATES PURSUANT TO ANY CAUSE OF ACTION, WHETHER IN CONTRACT, TORT, OR OTHERWISE, EXCEED THE FEE PAID BY VISITOR FOR ACCESS TO SUCH MATERIALS IN THE MONTH IN WHICH SUCH CAUSE OF ACTION IS ALLEGED TO HAVE ARISEN. FURTHERMORE, CGS AND ABA SHALL HAVE NO RESPONSIBILITY OR LIABILITY FOR DELAYS OR FAILURES DUE TO CIRCUMSTANCES BEYOND THEIR CONTROL.

VISITOR agrees that the foregoing terms and conditions shall survive any termination of its right of access to the materials identified above.

ABOUT

Jennison 50 Year Anniversary Logo

Jennison Associates is one of the nation's leading managers of growth, value, blend, and specialty equity strategies. It has earned a reputation for excellence by fulfilling the needs of clients for more than 50 years.

Blair Boyer, Joseph Esposito, Warren Koontz, Jr., Natasha Kuhklin, Kathleen McCarragher, Jason McManus, Jonathan M. Shapiro, Eric Sartorius,  Jason M. Swiatek and Owuraka Koney are the portfolio managers for the Pgim Jennison Blend Fund.

Kathleen McCarragher has announced her retirement mid-year 2026 and will be removed from the Fund on or about December 31, 2025.

Blair A. Boyer
Blair A. Boyer

Managing Director, Co-Head of Large Cap Growth Equity Team and a Large Cap Growth Equity Portfolio Manager

Jennison Associates

Blair Boyer is a managing director, co-head of the large cap growth equity team and a large cap growth equity portfolio manager.

Joseph Esposito
Joseph Esposito

Managing Director and Large Cap Value Portfolio Manager

Jennison Associates

Joseph C. Esposito, CFA, is a Managing Director and large cap value portfolio manager.

Warren Koontz, Jr., CFA
Warren Koontz, Jr., CFA

Managing Director, Head of Value Equity, and Large Cap Value Portfolio Manager

Jennison Associates

Warren Koontz, Jr., CFA is a Managing Director, Head of Value Equity, and a large cap value portfolio manager.

Natasha Kuhlkin, CFA
Natasha Kuhlkin, CFA

Co-Head of Growth Equity

Jennison Associates

Natasha Kuhlkin, CFA is the co-head of growth equity and a large cap growth equity portfolio manager.

Kathleen A. McCarragher
Kathleen A. McCarragher

Managing Director, Co-Head of Growth Equity

Jennison Associates

Kathleen A. McCarragher is a managing director, head of growth equity, and Large Cap Growth Equity portfolio manager.

Jason McManus
Jason McManus

Managing Director and Quantitative Portfolio Manager

Jennison Associates

Jason McManus is a Managing Director and Quantitative Portfolio Manager.

Jonathan M. Shapiro
Jonathan M. Shapiro

Managing Director, Financial Services and SMid Cap Portfolio Manager and Equity Research Analyst

Jennison Associates

Jonathan M. Shapiro is a managing director, financial services and smid cap core portfolio manager and an equity research analyst.

Eric Sartorius, CFA
Eric Sartorius, CFA

Managing Director, Small Cap Core, Mid Cap Growth, and Technology Equity Portfolio Manager

Jennison Associates

Eric Sartorius, CFA, is a Managing Director, small cap core, mid cap growth and technology equity portfolio manager, and research analyst

Jason Swiatek, CFA
Jason Swiatek, CFA

Head of Small and Mid-Cap Equity and a Small and SMid Cap Equity Portfolio Manager

Jennison Associates

Jason M. Swiatek, CFA, is the Head of Small and Mid-Cap Equity, and a small and SMid cap equity portfolio manager

Owuraka Koney, CFA
Owuraka Koney, CFA

Managing Director

Large Cap Growth Portfolio Manager

Jennison Associates

Owuraka Koney is a large cap growth portfolio manager and an equity research analyst covering industrials, consumer internet, and media companies

Average weighted market capitalization is the average market capitalization of stocks in a fund, each weighted by its proportion of assets. Beta measures a fund's sensitivity to changes in the overall market relative to its benchmark. The P/E ratio (Source: Morningstar, Inc.) relates the price of a stock to the per-share earnings of the company. P/E is calculated using a harmonic weighted average, which excludes outliers that can easily skew results. Standard deviation depicts how widely returns vary around its average and is used to understand the range of returns most likely for a given fund. A higher standard deviation generally implies greater volatility. Turnover Ratio is the rate of trading in a portfolio, higher values imply more frequent trading. Beta is benchmarked against the S&P 500, an unmanaged index, which is a broad indicator of domestic stock price movements. An investment cannot be made directly in an index. Due to data availability, statistics may not be as of current reporting period.

Enhanced cash strategies are variations on traditional money market vehicles. They are designed to provide liquidity and principal preservation, but with more of an emphasis on seeking returns that are superior to those of traditional money market offerings.

Source: Benchmarks - Lipper Inc.; Statistics - Morningstar Inc.; Sector classification - S&P/MSCI. *This figure is comprised of companies that have been classified by S&P/MSCI GICS or classified by Jennison Associates LLC. Companies classified by Jennison Associates LLC are not sponsored by the S&P/MSCI GICS classification system. All other data from PGIM, Inc. (PGIM).

© 2025 Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar; (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. Past performance does not guarantee future results.

Class R6 and Z shares may be available to group retirement plans and institutional investors through certain retirement, mutual fund wrap and asset allocation programs. They may also be available to institutional investors. Class Z shares may be available through fee- or commission-based retail brokerage programs of certain financial intermediaries. Class A, C, and Z shares are generally closed to new retirement plans. Please see the prospectus for additional information about fees, expenses, and investor eligibility.

Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.

Investment products are distributed by Prudential Investment Management Services LLC, member FINRA and SIPC. PGIM Investments is a registered investment advisor and investment manager to PGIM registered investment companies. Jennison Associates is a registered investment advisor. All are Prudential Financial affiliates. © 2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, Jennison Associates, Jennison, 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.

INVESTMENT PRODUCTS | Are not insured by the FDIC or any federal government agency | May lose value | Are not a deposit of or guaranteed by any bank or any bank affiliate. 

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.

4621903    Ed. 06/2025

Fund Literature

Displaying - of
document name audience updated order code