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 by investing in stocks of mid-cap companies that may be underpriced by the market. This Fund may be for those looking for more diversification and to gain exposure to mid-sized company stocks with the potential for growth. 

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: Mid Value
Total Net Assets: $167 Million
Dividends (Paid): Annually
Dividends (Accrued):
Capital Gains: Annually
Fund Statistics
AS OF 09/30/2025
Name
Weight
Average Weighted Market Cap ($mil) 21,521.50
P/E (Price/Earnings) Ratio 15.60
R-Squared 95.90
Standard Deviation (3 year) 19.26
Turnover Ratio (12-month %) 97.00

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 Quant Solutions Mid-Cap Value Fund (Class Z) Lipper total return ranking for the 1-, 3-, 5-, and 10-year periods as of 12/31/2024 for the Small-Cap Core Funds category were: 52/159, 97/146, 98/139, and 103/108, 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: 41/151, 84/145, 25/134, and 97/105, 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: Mid-cap investments may be subject to more erratic market movements than large-cap stocks. 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. Value style investing may be out of favor for long periods of time, and the market may not recognize a security's intrinsic value for a long time or at all. The Fund is subject to the risk that the design of the subadviser’s quantitative models may be flawed or incomplete, and the risk of error in the implementation of the models. Real estate companies and Real estate investment trusts (REITS) may be leveraged, which increases risk. REIT performance depends on the strength of the real estate markets, REIT management and property management which can be affected by many factors, including national and regional economic conditions. 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 data 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 Quant Solutions Mid-Cap Value Fund.
See Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Quant Solutions Mid-Cap Value Fund.

See Daily Returns for the PGIM Quant Solutions Mid-Cap Value Fund.
See Quarterly SEC Standardized Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Quant Solutions Mid-Cap Value Fund.

Fund Expenses
Maximum Sales Charge (%)
Class
Gross (%)
Net (%)
Date*
A 1.32 1.13 02/28/2026 5.50
C 2.81 1.95 02/28/2026 1.00
R 5.93 1.45 02/28/2026
R2 25.08 1.23 02/28/2026
R4 2.28 0.98 02/28/2026
R6 0.88 0.73 02/28/2026
Z 1.00 0.89 02/28/2026

*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 Mid-Cap Value Category Average: Some mid-cap value portfolios focus on medium-size companies while others land here because they own a mix of small-, mid-, and large-cap stocks. All look for U.S. stocks that are less expensive or growing more slowly than the market. Stocks in the middle 20% of the capitalization of the U.S. equity market are defined as mid-cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow).

Russell Midcap® Value Index is unmanaged and measures the performance of those Russell Midcap companies with lower price-to-book ratios and lower forecasted growth values. The index and Russell are trademarks of the Frank Russell Company.

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

Prices

AS OF 10/16/2025
Class
NAV ($)
NAV Change ($)
NAV Change (%)
POP ($)
Total Net Assets ($)
A 26.20 -0.30 -1.13 27.72 105,616,653.40
C 21.36 -0.24 -1.11 1,047,436.17
R 26.40 -0.31 -1.16 113,642.23
R2 26.42 -0.30 -1.12 24,618.71
R4 26.47 -0.30 -1.12 57,813.85
R6 26.53 -0.31 -1.15 30,813,481.86
Z 26.59 -0.30 -1.12 24,776,149.94

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 10/16/2025
Class
52 Week High ($)
52 Week High Date
52 Week Low ($)
52 Week Low Date
A 26.81 10/03/2025 20.65 04/08/2025
C 21.86 10/03/2025 16.90 04/08/2025
R 27.02 10/03/2025 20.84 04/08/2025
R2 27.03 10/03/2025 20.83 04/08/2025
R4 27.09 10/03/2025 20.84 04/08/2025
R6 27.15 10/03/2025 20.87 04/08/2025
Z 27.21 10/03/2025 20.93 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.

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)
Western Digital 1.2%
Allstate 1.1%
Exelon 1.1%
United Rentals 1.1%
Northern Trust Corporation 1.0%
Synchrony Financial 1.0%
Tenet Healthcare 1.0%
Electronic Arts 1.0%
Kroger 1.0%
Aptiv PLC 1.0%
Sector (vs Benchmark)
Sector
Fund (% of Assets)
Overweight Underweight
Industrials 18.3% 0.8
Financials 16.3% -0.9
Information Technology 13.7% 3.9
Healthcare 11.7% 4.1
Real Estate 7.5% -1.7
Consumer Discretionary 7.0% -1.6
Utilities 6.5% -0.8
Consumer Staples 5.9% 0.0
Energy 5.1% -1.7
Materials 4.5% -2.0
Communication Services 3.0% -0.5
Other 0.3%
Cash/Equiv 0.1%
Largest Industries (% of Assets)
Insurance 6.8%
Machinery 5.2%
Capital Markets 4.8%
Oil, Gas & Consumable Fuels 4.5%
Electronic Equipment, Instruments & Components 4.4%
Fund Statistics
AS OF 09/30/2025
Average Weighted Market Cap ($mil) 21,521.50
P/E (Price/Earnings) Ratio 15.6
R-Squared 95.90
Standard Deviation (3 year) 19.26
Turnover Ratio (12-month %) 97

All data is unaudited and subject to change. Holdings/allocations may vary. This is not a recommendation to buy or sell any security listed. Total number of holdings based on issuers. Totals may not sum due to rounding. Negative holdings reflect outstanding trades at period end.

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. PGIM Quantitative Solutions is the primary business name of PGIM Quantitative Solutions LLC, a registered investment advisor. All are Prudential Financial affiliates. © 2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM Quantitative Solutions, 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
958102105 Western Digital Corp WDC 17,200.00 2,065,032.00 1.24
020002101 Allstate Corp/the ALL 8,800.00 1,888,920.00 1.13
30161N101 Exelon Corp EXC 41,400.00 1,863,414.00 1.12
911363109 United Rentals Inc URI 1,900.00 1,813,854.00 1.09
665859104 Northern Trust Corp NTRS 12,600.00 1,695,960.00 1.02
87165B103 Synchrony Financial SYF 23,000.00 1,634,150.00 0.98
88033G407 Tenet Healthcare Corp THC 8,000.00 1,624,320.00 0.97
BTDN8H1 Aptiv Plc APTV 18,400.00 1,586,448.00 0.95
285512109 Electronic Arts Inc EA 7,900.00 1,593,430.00 0.95
501044101 Kroger Co/the KR 23,600.00 1,590,876.00 0.95
064058100 BANK Of New York Mellon Corp/the BK 14,400.00 1,569,024.00 0.94
29084Q100 Emcor Group Inc EME 2,400.00 1,558,896.00 0.93
416515104 Hartford Insurance Group Inc/the HIG 11,600.00 1,547,324.00 0.93
525327102 Leidos Holdings Inc LDOS 8,100.00 1,530,576.00 0.92
98980L101 ZOOM Communications Inc ZM 18,700.00 1,542,750.00 0.92
773903109 Rockwell Automation Inc ROK 4,400.00 1,537,932.00 0.92
315616102 F5 Inc FFIV 4,700.00 1,518,993.00 0.91
143658300 Carnival Corp CCL 51,600.00 1,491,756.00 0.89
92343E102 Verisign Inc VRSN 5,300.00 1,481,721.00 0.89
925652109 VICI Properties Inc VICI 45,100.00 1,470,711.00 0.88
192446102 Cognizant Technology Solutions Corp CTSH 21,900.00 1,468,833.00 0.88
256677105 Dollar General Corp DG 14,100.00 1,457,235.00 0.87
278642103 EBAY Inc EBAY 15,800.00 1,437,010.00 0.86
754730109 Raymond James Financial Inc RJF 8,300.00 1,432,580.00 0.86
910047109 United Airlines Holdings Inc UAL 14,400.00 1,389,600.00 0.83
023608102 Ameren Corp AEE 13,200.00 1,377,816.00 0.83
2740542 ARCH Capital Group Ltd ACGL 15,000.00 1,360,950.00 0.82
25179M103 Devon Energy Corp DVN 39,000.00 1,367,340.00 0.82
16411R208 Cheniere Energy Inc LNG 5,700.00 1,339,386.00 0.80
668771108 GEN Digital Inc GEN 47,300.00 1,342,847.00 0.80
BFY8C75 Steris Plc STE 5,300.00 1,311,432.00 0.79
125269100 CF Industries Holdings Inc CF 14,700.00 1,318,590.00 0.79
039483102 Archer-daniels-midland Co ADM 22,100.00 1,320,254.00 0.79
2353058 FLEX Ltd FLEX 22,800.00 1,321,716.00 0.79
466313103 Jabil Inc JBL 5,900.00 1,281,303.00 0.77
281020107 Edison International EIX 22,900.00 1,265,912.00 0.76
247361702 Delta Air Lines Inc DAL 22,100.00 1,254,175.00 0.75
125896100 CMS Energy Corp CMS 17,100.00 1,252,746.00 0.75
12504L109 CBRE Group Inc CBRE 8,000.00 1,260,480.00 0.75
37940X102 Global Payments Inc GPN 15,100.00 1,254,508.00 0.75
46266C105 Iqvia Holdings Inc IQV 6,400.00 1,215,616.00 0.73
48020Q107 Jones Lang Lasalle Inc JLL 4,100.00 1,222,948.00 0.73
260003108 Dover Corp DOV 7,300.00 1,217,859.00 0.73
BFRT3W7 Allegion Plc ALLE 6,900.00 1,223,715.00 0.73
913903100 Universal Health Services Inc UHS 6,000.00 1,226,640.00 0.73
745867101 Pultegroup Inc PHM 9,147.00 1,208,593.00 0.72
883203101 Textron Inc TXT 14,200.00 1,199,758.00 0.72
858119100 Steel Dynamics Inc STLD 8,600.00 1,199,098.00 0.72
09062X103 Biogen Inc BIIB 8,600.00 1,204,688.00 0.72
45337C102 Incyte Corp INCY 14,100.00 1,195,821.00 0.72
2677606 AXIS Capital Holdings Ltd AXS 12,400.00 1,187,920.00 0.71
65336K103 Nexstar Media Group Inc NXST 5,900.00 1,166,666.00 0.70
91307C102 United Therapeutics Corp UTHR 2,800.00 1,173,788.00 0.70
BLS09M3 Pentair Plc PNR 10,400.00 1,151,904.00 0.69
30161Q104 Exelixis Inc EXEL 27,700.00 1,144,010.00 0.69
56585A102 Marathon Petroleum Corp MPC 5,900.00 1,137,166.00 0.68
14149Y108 Cardinal Health Inc CAH 7,200.00 1,130,112.00 0.68
06417N103 BANK Ozk OZK 21,800.00 1,111,364.00 0.67
624756102 Mueller Industries Inc MLI 11,100.00 1,122,321.00 0.67
670346105 Nucor Corp NUE 8,200.00 1,110,526.00 0.67
680223104 OLD Republic International Corp ORI 26,000.00 1,104,220.00 0.66
209115104 Consolidated Edison Inc ED 11,033.00 1,109,037.00 0.66
172755100 Cirrus Logic Inc CRUS 8,700.00 1,090,023.00 0.65
574599106 Masco Corp MAS 15,500.00 1,091,045.00 0.65
49446R109 Kimco Realty Corp KIM 50,000.00 1,092,500.00 0.65
29261A100 Encompass Health Corp EHC 8,500.00 1,079,670.00 0.65
920253101 Valmont Industries Inc VMI 2,800.00 1,085,644.00 0.65
758849103 Regency Centers Corp REG 14,600.00 1,064,340.00 0.64
2728429 Renaissancere Holdings Ltd RNR 4,200.00 1,066,506.00 0.64
231021106 Cummins Inc CMI 2,500.00 1,055,925.00 0.63
BMVP7Y0 Royalty Pharma Plc RPRX 29,700.00 1,047,816.00 0.63
928881101 Vontier Corp VNT 24,700.00 1,036,659.00 0.62
69047Q102 Ovintiv Inc OVV 25,600.00 1,033,728.00 0.62
533900106 Lincoln Electric Holdings Inc LECO 4,400.00 1,037,652.00 0.62
BYPZJQ6 Janus Henderson Group Plc JHG 22,900.00 1,019,279.00 0.61
87162W100 TD Synnex Corp SNX 6,100.00 998,875.00 0.60
828806109 Simon Property Group Inc SPG 5,300.00 994,651.00 0.60
534187109 Lincoln National Corp LNC 24,900.00 1,004,217.00 0.60
370334104 General Mills Inc GIS 19,800.00 998,316.00 0.60
172062101 Cincinnati Financial Corp CINF 6,300.00 996,030.00 0.60
83444M101 Solventum Corp SOLV 13,500.00 985,500.00 0.59
35137L204 FOX Corp FOX 16,900.00 968,201.00 0.58
552690109 MDU Resources Group Inc MDU 54,300.00 967,083.00 0.58
552848103 MGIC Investment Corp MTG 33,800.00 958,906.00 0.57
01973R101 Allison Transmission Holdings Inc ALSN 11,200.00 950,656.00 0.57
00846U101 Agilent Technologies Inc A 7,400.00 949,790.00 0.57
00090Q103 ADT Inc ADT 109,600.00 954,616.00 0.57
759509102 Reliance Inc RS 3,400.00 954,822.00 0.57
BDSFG98 Technipfmc Plc FTI 23,500.00 927,075.00 0.56
013091103 Albertsons Cos Inc ACI 53,800.00 942,038.00 0.56
44267T102 Howard Hughes Holdings Inc HHH 11,300.00 928,521.00 0.56
26884U109 EPR Properties EPR 15,900.00 922,359.00 0.55
031100100 Ametek Inc AME 4,800.00 902,400.00 0.54
55306N104 MKS Inc MKSI 7,300.00 903,521.00 0.54
784117103 SEI Investments Co SEIC 10,600.00 899,410.00 0.54
832248207 Smithfield Foods Inc SFD 37,600.00 882,848.00 0.53
72147K108 Pilgrim's Pride Corp PPC 21,200.00 863,264.00 0.52
71424F105 Permian Resources Corp PR 65,900.00 843,520.00 0.51
592688105 Mettler-toledo International Inc MTD 700 859,327.00 0.51
256163106 Docusign Inc DOCU 11,900.00 857,871.00 0.51
636180101 National Fuel Gas Co NFG 9,100.00 840,567.00 0.50
651587107 Newmarket Corp NEU 1,000.00 828,210.00 0.50
BDVJJQ5 Nvent Electric Plc NVT 8,100.00 798,984.00 0.48
70959W103 Penske Automotive Group Inc PAG 4,400.00 765,204.00 0.46
19247G107 Coherent Corp COHR 7,200.00 775,584.00 0.46
64828T201 Rithm Capital Corp RITM 66,400.00 756,296.00 0.45
28618M106 Element Solutions Inc ESI 29,800.00 750,066.00 0.45
74251V102 Principal Financial Group Inc PFG 9,000.00 746,190.00 0.45
345370860 FORD Motor Co F 61,300.00 733,148.00 0.44
44107P104 HOST Hotels & Resorts Inc HST 42,700.00 726,754.00 0.44
231561101 Curtiss-wright Corp CW 1,300.00 705,822.00 0.42
857477103 State Street Corp STT 6,100.00 707,661.00 0.42
35137L105 FOX Corp FOXA 10,800.00 681,048.00 0.41
754907103 Rayonier Inc RYN 25,100.00 666,154.00 0.40
688239201 Oshkosh Corp OSK 5,200.00 674,440.00 0.40
896239100 Trimble Inc TRMB 7,700.00 628,705.00 0.38
BFMBMT8 Sensata Technologies Holding Plc ST 20,700.00 632,385.00 0.38
95082P105 Wesco International Inc WCC 3,000.00 634,500.00 0.38
BD9G2S1 Gates Industrial Corp Plc GTES 24,500.00 608,090.00 0.36
05329W102 Autonation Inc AN 2,700.00 590,679.00 0.35
159864107 Charles River Laboratories International CRL 3,600.00 563,256.00 0.34
389375106 GRAY Media Inc GTN 96,800.00 559,504.00 0.34
403949100 HF Sinclair Corp DINO 10,600.00 554,804.00 0.33
61945C103 Mosaic Co/the MOS 15,700.00 544,476.00 0.33
50155Q100 Kyndryl Holdings Inc KD 18,600.00 558,558.00 0.33
28414H103 Elanco Animal Health Inc ELAN 27,200.00 547,808.00 0.33
228368106 Crown Holdings Inc CCK 5,500.00 531,245.00 0.32
BL54JF1 Teekay Corp Ltd TK 63,500.00 519,430.00 0.31
902681105 UGI Corp UGI 15,500.00 515,530.00 0.31
74164F103 Primoris Services Corp PRIM 3,800.00 521,854.00 0.31
989207105 Zebra Technologies Corp ZBRA 1,700.00 505,172.00 0.30
11120U105 Brixmor Property Group Inc BRX 18,000.00 498,240.00 0.30
464287473 Ishares Russell Mid-cap Value Etf IWS 3,600.00 502,812.00 0.30
778296103 ROSS Stores Inc ROST 3,200.00 487,648.00 0.29
749527107 REV Group Inc REVG 8,400.00 476,028.00 0.29
BFZ4N46 Cushman & Wakefield Plc CWK 29,100.00 463,272.00 0.28
233331107 DTE Energy Co DTE 3,300.00 466,719.00 0.28
20602D101 Concentrix Corp CNXC 9,900.00 456,885.00 0.27
27579R104 EAST West Bancorp Inc EWBC 4,300.00 457,735.00 0.27
65473P105 Nisource Inc NI 10,600.00 458,980.00 0.27
B566T98 Costamare Inc CMRE 37,600.00 447,816.00 0.27
929089100 VOYA Financial Inc VOYA 6,000.00 448,800.00 0.27
88076W103 Teradata Corp TDC 20,500.00 440,955.00 0.26
517834107 LAS Vegas Sands Corp LVS 7,800.00 419,562.00 0.25
252784301 Diamondrock Hospitality Co DRH 53,400.00 425,064.00 0.25
2118707 Fresh Del Monte Produce Inc FDP 11,800.00 409,696.00 0.25
248019101 Deluxe Corp DLX 21,300.00 412,368.00 0.25
20848V105 Consensus Cloud Solutions Inc CCSI 14,200.00 417,054.00 0.25
02043Q107 Alnylam Pharmaceuticals Inc ALNY 900 410,400.00 0.25
00766T100 AECOM ACM 3,200.00 417,504.00 0.25
128030202 Cal-maine Foods Inc CALM 4,200.00 395,220.00 0.24
806037107 Scansource Inc SCSC 9,000.00 395,910.00 0.24
90138F102 Twilio Inc TWLO 3,900.00 390,351.00 0.23
894164102 Travel + Leisure Co TNL 6,400.00 380,736.00 0.23
BKYC3F7 Cimpress Plc CMPR 6,100.00 384,544.00 0.23
718546104 Phillips 66 PSX 2,700.00 367,254.00 0.22
74144T108 T ROwe Price Group Inc TROW 3,600.00 369,504.00 0.22
2256908 Amdocs Ltd DOX 4,500.00 369,225.00 0.22
60510V108 Mission Produce Inc AVO 30,000.00 360,600.00 0.22
92242T101 V2X Inc VVX 6,100.00 354,349.00 0.21
68287N100 Onespan Inc OSPN 20,800.00 330,512.00 0.20
452327109 Illumina Inc ILMN 3,600.00 341,892.00 0.20
366505105 Garrett Motion Inc GTX 23,400.00 318,708.00 0.19
629377508 NRG Energy Inc NRG 2,000.00 323,900.00 0.19
03168L105 Amneal Pharmaceuticals Inc AMRX 32,400.00 324,324.00 0.19
29082K105 Embecta Corp EMBC 20,900.00 294,899.00 0.18
BQ6BPG9 Bunge Global Sa BG 3,800.00 308,750.00 0.18
86722A103 Suncoke Energy Inc SXC 34,800.00 283,968.00 0.17
82981J851 SITE Centers Corp SITC 30,000.00 270,300.00 0.16
955306105 WEST Pharmaceutical Services Inc WST 1,000.00 262,330.00 0.16
29670G102 Essential Utilities Inc WTRG 6,600.00 263,340.00 0.16
49428J109 Kimball Electronics Inc KE 8,200.00 244,852.00 0.15
04247X102 Armstrong World Industries Inc AWI 1,300.00 254,813.00 0.15
178867107 Civista Bancshares Inc CIVB 12,200.00 247,782.00 0.15
57686G105 Matson Inc MATX 2,400.00 236,616.00 0.14
980745103 Woodward Inc WWD 900 227,439.00 0.14
64125C109 Neurocrine Biosciences Inc NBIX 1,600.00 224,608.00 0.13
552953101 MGM Resorts International MGM 6,300.00 218,358.00 0.13
298736109 Euronet Worldwide Inc EEFT 2,400.00 210,744.00 0.13
070830104 BATH & Body Works Inc BBWI 7,900.00 203,504.00 0.12
086516101 BEST Buy Co Inc BBY 2,700.00 204,174.00 0.12
770700102 Robinhood Markets Inc HOOD 1,400.00 200,452.00 0.12
912008109 US Foods Holding Corp USFD 2,700.00 206,874.00 0.12
88422P109 Third Coast Bancshares Inc TCBX 4,900.00 186,053.00 0.11
83088M102 Skyworks Solutions Inc SWKS 2,400.00 184,752.00 0.11
761152107 Resmed Inc RMD 700 191,611.00 0.11
42727J102 Heritage Insurance Holdings Inc HRTG 7,500.00 188,850.00 0.11
553530106 MSC Industrial Direct Co Inc MSM 1,800.00 165,852.00 0.10
576323109 Mastec Inc MTZ 800 170,248.00 0.10
75281A109 Range Resources Corp RRC 4,500.00 169,380.00 0.10
74440W862 (pipa070) Pgim Core Government Money Mar 4.23 12/01/2099 158,716.00 158,716.00 0.10
91359V107 Universal Insurance Holdings Inc UVE 5,900.00 155,170.00 0.09
969904101 Williams-sonoma Inc WSM 800 156,360.00 0.09
253868103 Digital Realty Trust Inc DLR 900 155,592.00 0.09
257651109 Donaldson Co Inc DCI 1,700.00 139,145.00 0.08
45675Y104 Information Services Group Inc III 23,700.00 136,275.00 0.08
29249E109 Enact Holdings Inc ACT 3,100.00 118,854.00 0.07
49456B101 Kinder Morgan Inc KMI 3,900.00 110,409.00 0.07
254067101 Dillard's Inc DDS 200 122,896.00 0.07
206787103 Conduent Inc CNDT 43,972.00 123,121.00 0.07
BLF81K2 IBEX Holdings Ltd IBEX 3,000.00 121,560.00 0.07
90384S303 ULTA Beauty Inc ULTA 200 109,350.00 0.07
830879102 Skywest Inc SKYW 1,200.00 120,744.00 0.07
043436104 Asbury Automotive Group Inc ABG 400 97,780.00 0.06
031652100 Amkor Technology Inc AMKR 3,600.00 102,240.00 0.06
001228501 AG Mortgage Investment Trust Inc MITT 13,200.00 95,568.00 0.06
00130H105 AES Corp/the AES 7,500.00 98,700.00 0.06
018581108 Bread Financial Holdings Inc BFH 1,800.00 100,386.00 0.06
364760108 GAP Inc/the GAP 4,800.00 102,672.00 0.06
337932107 Firstenergy Corp FE 2,200.00 100,804.00 0.06
393657101 Greenbrier Cos Inc/the GBX 2,000.00 92,340.00 0.06
37959E102 Globe Life Inc GL 600 85,782.00 0.05
366651107 Gartner Inc IT 300 78,861.00 0.05
29476L107 Equity Residential EQR 1,300.00 84,149.00 0.05
606710200 Mitek Systems Inc MITK 8,100.00 79,137.00 0.05
124830878 CBL & Associates Properties Inc CBL 2,800.00 85,624.00 0.05
171779309 Ciena Corp CIEN 600 87,402.00 0.05
219350105 Corning Inc GLW 1,100.00 90,233.00 0.05
25960R105 Douglas Dynamics Inc PLOW 2,700.00 84,402.00 0.05
866683105 SUN Country Airlines Holdings Inc SNCY 6,600.00 77,946.00 0.05
7591EP100 Regions Financial Corp RF 3,100.00 81,747.00 0.05
68268W103 Onemain Holdings Inc OMF 1,400.00 79,044.00 0.05
67109R109 OP Bancorp OPBK 6,000.00 83,520.00 0.05
704551100 Peabody Energy Corp BTU 3,400.00 90,168.00 0.05
92839U206 Visteon Corp VC 700 83,902.00 0.05
75524W108 Re/max Holdings Inc RMAX 7,400.00 69,782.00 0.04
866674104 SUN Communities Inc SUI 500 64,500.00 0.04
784730103 SSR Mining Inc SSRM 2,600.00 63,492.00 0.04
25659T107 Dolby Laboratories Inc DLB 900 65,133.00 0.04
268603107 EL Pollo Loco Holdings Inc LOCO 7,500.00 72,750.00 0.04
19260Q107 Coinbase Global Inc COIN 200 67,498.00 0.04
502431109 L3harris Technologies Inc LHX 200 61,082.00 0.04
29414B104 EPAM Systems Inc EPAM 400 60,316.00 0.04
452521107 Immersion Corp IMMR 7,200.00 52,848.00 0.03
504922105 Labcorp Holdings Inc LH 200 57,412.00 0.03
21871N101 Corecivic Inc CXW 2,600.00 52,910.00 0.03
16119P108 Charter Communications Inc CHTR 200 55,021.00 0.03
03784Y200 Apple Hospitality Reit Inc APLE 4,100.00 49,241.00 0.03
756109104 Realty Income Corp O 713 43,343.00 0.03
766559702 Rigel Pharmaceuticals Inc RIGL 2,000.00 56,660.00 0.03
BMCLHR0 DOLE Plc DOLE 3,400.00 45,696.00 0.03
683416101 OOMA Inc OOMA 2,200.00 26,378.00 0.02
811543107 Seaboard Corp SEB 10 36,470.00 0.02
05550J101 BJ'S Wholesale Club Holdings Inc BJ 400 37,300.00 0.02
00810F106 Aersale Corp ASLE 2,000.00 16,380.00 0.01
46817M107 Jackson Financial Inc JXN 200 20,246.00 0.01
38526M106 Grand Canyon Education Inc LOPE 100 21,952.00 0.01
83601L102 Sotera Health Co SHC 1,000.00 15,730.00 0.01
910340108 United Fire Group Inc UFCS 500 15,210.00 0.01
91688F104 Upwork Inc UPWK 1,300.00 24,141.00 0.01
98422E103 Xeris Biopharma Holdings Inc XERS 2,100.00 17,094.00 0.01
CURRENCY Currency 6,141.00 6,140.00 0.00

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ABOUT

The PGIM Quant Solutions Mid-Cap Value Fund is co-managed by Stacie Mintz and Stephen Courtney who are members of PGIM Quantitative Solutions. Since 1975, PGIM Quantitative Solutions targets superior risk-adjusted returns by combining research-driven quantitative processes built on economic and behavioral foundations with judgment from experienced market practitioners.

Stacie L. Mintz, CFA
Stacie L. Mintz, CFA

Managing Director and Head of Quantitative Equity for PGIM Quantitative Solutions

PGIM Quantitative Solutions

Stacie L. Mintz, CFA, is a Managing Director and Head of Quantitative Equity for PGIM Quantitative Solutions.

Stephen Courtney
Stephen Courtney

Managing Director and Portfolio Manager for PGIM Quantitative Solutions

PGIM Quantitative Solutions

Stephen Courtney is a Managing Director and Portfolio Manager for PGIM Quantitative Solutions working within the Quantitative Equity team.

Average weighted market capitalization is the average market capitalization of stocks in a fund, each weighted by its proportion of assets. 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. R-Squared is a measure of how much of a portfolio’s performance can be explained by the returns from the overall market (or a benchmark index). If a portfolio’s total return precisely matched that of the overall market or benchmark, its R-squared would be 1.00. If a portfolio’s return bore no relationship to the market’s returns, its R-squared would be 0. R-squared is calculated based on the date that PGIM Quantitative Solutions took over management of the Fund (1/31/07). 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. An investment cannot be made directly in an index. Due to data availability, statistics may not be as of the 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. 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 R shares are closed to new investors. Class R2 shares and Class R4 shares are only offered for sale to group retirement plans available through a retirement recordkeeper or third party administrator. 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. PGIM Quantitative Solutions is the primary business name of PGIM Quantitative Solutions LLC, a registered investment advisor. All are Prudential Financial affiliates. © 2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM Quantitative Solutions, 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.

4748539    Ed. 08/2025

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