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: $1.058 Billion
Dividends (Paid): Annually
Dividends (Accrued):
Capital Gains: Annually
Fund Statistics
AS OF 07/31/2025
Name
Weight
Avg Weighted Market Cap ($mil) 87,018.86
Beta (3 year) 1.06
P/E (Price/Earnings) Ratio 22.80
Standard Deviation (3 year) 16.49
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 08/22/2025
Class
NAV ($)
NAV Change ($)
NAV Change (%)
POP ($)
Total Net Assets ($)
A 25.66 Gain 0.55 2.19 27.15 1,027,273,824.98
C 19.45 Gain 0.42 2.21 9,249,224.64
R6 25.86 Gain 0.56 2.21 1,184,994.08
Z 25.85 Gain 0.55 2.17 42,876,589.67

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 08/22/2025
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 07/31/2025
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 0.39 0.39
C - View Prospectus -0.57 -0.57
R6 - View Prospectus 0.67 -0.31
Z - View Prospectus 0.66 0.66

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 07/31/2025
Largest Holdings (% of Assets)
NVIDIA 4.4%
Microsoft 4.0%
Amazon.com 3.5%
Meta Platforms - Class A 3.2%
Broadcom 2.2%
Apple 2.2%
Walmart Stores 1.9%
JPMorgan Chase 1.7%
Boeing 1.5%
Walt Disney 1.5%
Sector Breakdown (% of Assets)
Industry
Fund (% of Assets)
Information Technology 24.2%
Financials 14.7%
Industrials 14.0%
Consumer Discretionary 10.2%
Healthcare 9.0%
Communication Services 8.9%
Consumer Staples 4.2%
Energy 4.2%
Utilities 3.5%
Real Estate 3.0%
Materials 1.9%
Cash/Equiv 2.1%
Largest Industries (% of Assets)
Semiconductors & Equipment 9.9%
Software 9.4%
Banks 7.2%
Aerospace/Defense 5.0%
Interactive Media & Services 4.9%
Target Allocation (%)
Target Allocation
Percentage
Large Cap Growth 33.3%
Large Cap Value 33.3%
Small/Mid Cap 33.3%
Fund Statistics
AS OF 07/31/2025
Avg Weighted Market Cap ($mil) 87,018.86
Beta (3 year) 1.06
P/E (Price/Earnings) Ratio 22.8
Standard Deviation (3 year) 16.49
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 07/31/2025

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 259,409.00 46,141,078.00 4.36
594918104 Microsoft Corp MSFT 78,878.00 42,081,413.00 3.98
023135106 Amazon.com Inc AMZN 158,684.00 37,149,511.00 3.51
30303M102 META Platforms Inc META 44,010.00 34,039,094.00 3.22
11135F101 Broadcom Inc AVGO 79,665.00 23,397,610.00 2.21
037833100 Apple Inc AAPL 112,377.00 23,326,093.00 2.20
74440W862 (pipa070) Pgim Core Government Money Mar 4.41 12/01/2099 22,275,642.00 22,275,641.00 2.10
931142103 Walmart Inc WMT 203,651.00 19,953,724.00 1.89
46625H100 Jpmorgan Chase & Co JPM 60,470.00 17,913,632.00 1.69
097023105 Boeing Co/the BA 73,235.00 16,246,452.00 1.54
254687106 WALT Disney Co/the DIS 135,876.00 16,184,190.00 1.53
532457108 ELI Lilly & Co LLY 21,129.00 15,636,939.00 1.48
64110L106 Netflix Inc NFLX 12,885.00 14,938,869.00 1.41
369604301 General Electric Co GE 52,709.00 14,288,355.00 1.35
65473P105 Nisource Inc NI 332,451.00 14,112,544.00 1.33
30231G102 Exxon Mobil Corp XOM 117,225.00 13,086,999.00 1.24
874039100 Taiwan Semiconductor Manufacturing Co Lt TSM 48,284.00 11,666,380.00 1.10
02079K305 Alphabet Inc GOOGL 57,533.00 11,040,582.00 1.04
780259305 Shell Plc SHEL 151,274.00 10,923,495.00 1.03
127387108 Cadence Design Systems Inc CDNS 26,646.00 9,714,332.00 0.92
57636Q104 Mastercard Inc MA 16,200.00 9,176,814.00 0.87
38141G104 Goldman Sachs Group Inc/the GS 12,632.00 9,140,388.00 0.86
693475105 PNC Financial Services Group Inc/the PNC 47,061.00 8,954,296.00 0.85
17275R102 Cisco Systems Inc CSCO 128,286.00 8,733,710.00 0.83
701094104 Parker-hannifin Corp PH 11,804.00 8,639,347.00 0.82
75513E101 RTX Corp RTX 54,805.00 8,635,623.00 0.82
22160K105 Costco Wholesale Corp COST 8,892.00 8,355,278.00 0.79
22788C105 Crowdstrike Holdings Inc CRWD 18,370.00 8,350,450.00 0.79
55261F104 M&T Bank Corp MTB 44,049.00 8,312,046.00 0.79
BY7QL61 Johnson Controls International Plc JCI 75,804.00 7,959,420.00 0.75
BNZHB81 Linde Plc LIN 16,769.00 7,718,099.00 0.73
060505104 BANK Of America Corp BAC 161,876.00 7,651,878.00 0.72
02079K107 Alphabet Inc GOOG 37,217.00 7,177,670.00 0.68
92532F100 Vertex Pharmaceuticals Inc VRTX 15,771.00 7,205,296.00 0.68
59156R108 Metlife Inc MET 91,678.00 6,962,944.00 0.66
88160R101 Tesla Inc TSLA 22,469.00 6,926,518.00 0.65
37045V100 General Motors Co GM 129,463.00 6,905,556.00 0.65
15189T107 Centerpoint Energy Inc CNP 169,410.00 6,576,496.00 0.62
907818108 Union Pacific Corp UNP 28,807.00 6,394,289.00 0.60
92826C839 VISA Inc V 18,377.00 6,348,702.00 0.60
88579Y101 3M CO MMM 42,176.00 6,293,502.00 0.59
133131102 Camden Property Trust CPT 54,317.00 5,931,416.00 0.56
21037T109 Constellation Energy Corp CEG 16,698.00 5,808,232.00 0.55
046353108 Astrazeneca Plc AZN 79,932.00 5,842,229.00 0.55
284902509 Eldorado Gold Corp EGO 277,210.00 5,682,805.00 0.54
571748102 Marsh & Mclennan Cos Inc MMC 28,749.00 5,726,800.00 0.54
81762P102 Servicenow Inc NOW 5,933.00 5,595,530.00 0.53
79466L302 Salesforce Inc CRM 21,496.00 5,553,061.00 0.52
16411R208 Cheniere Energy Inc LNG 23,107.00 5,450,479.00 0.52
00287Y109 Abbvie Inc ABBV 28,393.00 5,366,844.00 0.51
BFZ1K46 Spotify Technology Sa SPOT 8,693.00 5,446,512.00 0.51
BD9G2S1 Gates Industrial Corp Plc GTES 210,882.00 5,229,873.00 0.49
666807102 Northrop Grumman Corp NOC 9,010.00 5,195,256.00 0.49
58733R102 Mercadolibre Inc MELI 2,138.00 5,075,376.00 0.48
918284100 VSE Corp VSEC 32,391.00 5,070,487.00 0.48
74736L109 Q2 Holdings Inc QTWO 61,565.00 4,999,078.00 0.47
819047101 Shake Shack Inc SHAK 40,534.00 4,877,861.00 0.46
B3BQMF6 Chubb Ltd CB 18,472.00 4,914,290.00 0.46
03969K108 Arcutis Biotherapeutics Inc ARQT 335,147.00 4,886,443.00 0.46
09260D107 Blackstone Inc BX 27,333.00 4,727,515.00 0.45
24703L202 DELL Technologies Inc DELL 36,214.00 4,805,235.00 0.45
2898173 Tower Semiconductor Ltd TSEM 104,168.00 4,765,686.00 0.45
904767704 Unilever Plc UL 81,186.00 4,743,697.00 0.45
68389X105 Oracle Corp ORCL 18,632.00 4,728,242.00 0.45
4012250 Airbus Se AIR 23,406.00 4,705,896.00 0.44
163086101 Chefs' Warehouse Inc/the CHEF 66,680.00 4,571,580.00 0.43
889478103 TOLL Brothers Inc TOL 38,307.00 4,534,016.00 0.43
580135101 Mcdonald's Corp MCD 14,968.00 4,491,447.00 0.42
833445109 Snowflake Inc SNOW 19,942.00 4,457,037.00 0.42
007903107 Advanced Micro Devices Inc AMD 25,210.00 4,444,775.00 0.42
293712105 Enterprise Financial Services Corp EFSC 79,241.00 4,373,310.00 0.41
97650W108 Wintrust Financial Corp WTFC 34,265.00 4,385,234.00 0.41
222795502 Cousins Properties Inc CUZ 157,213.00 4,260,472.00 0.40
548661107 Lowe's Cos Inc LOW 18,671.00 4,174,275.00 0.39
36266G107 GE Healthcare Technologies Inc GEHC 58,047.00 4,139,912.00 0.39
45827U109 Intapp Inc INTA 103,994.00 4,164,959.00 0.39
505743104 Ladder Capital Corp LADR 371,526.00 4,057,063.00 0.38
318910106 First Bancorp/southern Pines Nc FBNC 79,362.00 3,975,242.00 0.38
771195104 Roche Holding Ag RHHBY 102,571.00 3,991,037.00 0.38
74340W103 Prologis Inc PLD 37,778.00 4,033,934.00 0.38
882508104 Texas Instruments Inc TXN 21,781.00 3,943,667.00 0.37
88339J105 Trade Desk Inc/the TTD 44,201.00 3,843,718.00 0.36
32055Y201 First Interstate Bancsystem Inc FIBK 133,165.00 3,833,820.00 0.36
46120E602 Intuitive Surgical Inc ISRG 7,842.00 3,772,707.00 0.36
03076K108 Ameris Bancorp ABCB 56,072.00 3,832,521.00 0.36
896522109 Trinity Industries Inc TRN 158,499.00 3,693,026.00 0.35
10948W103 Acadian Asset Management Inc AAMI 87,033.00 3,637,109.00 0.34
053604104 Avepoint Inc AVPT 181,997.00 3,472,502.00 0.33
90353T100 UBER Technologies Inc UBER 39,297.00 3,448,311.00 0.33
713448108 Pepsico Inc PEP 25,585.00 3,528,683.00 0.33
75970E107 Renasant Corp RNST 96,464.00 3,534,440.00 0.33
33829M101 FIVE Below Inc FIVE 24,676.00 3,368,767.00 0.32
390607109 Great Lakes Dredge & Dock Corp GLDD 309,550.00 3,429,814.00 0.32
451107106 Idacorp Inc IDA 26,435.00 3,313,098.00 0.31
258278100 Dorman Products Inc DORM 26,765.00 3,228,394.00 0.31
2677606 AXIS Capital Holdings Ltd AXS 32,612.00 3,060,310.00 0.29
447462102 Huron Consulting Group Inc HURN 22,847.00 3,017,631.00 0.29
82982T106 Sitime Corp SITM 15,135.00 3,070,134.00 0.29
903002103 UMH Properties Inc UMH 189,680.00 3,087,990.00 0.29
93403J106 Warby Parker Inc WRBY 127,684.00 3,058,031.00 0.29
BLD13F2 Credo Technology Group Holding Ltd CRDO 27,615.00 3,080,453.00 0.29
72346Q104 Pinnacle Financial Partners Inc PNFP 32,739.00 2,877,430.00 0.27
42722X106 Heritage Financial Corp/wa HFWA 128,714.00 2,901,213.00 0.27
421298100 Hayward Holdings Inc HAYW 182,917.00 2,813,263.00 0.27
450056106 Irhythm Technologies Inc IRTC 19,892.00 2,788,460.00 0.26
00091G104 ACV Auctions Inc ACVA 189,586.00 2,694,017.00 0.25
781846209 RUSH Enterprises Inc RUSHA 48,130.00 2,605,758.00 0.25
BFWGXR8 Essent Group Ltd ESNT 46,420.00 2,599,055.00 0.25
BQXP757 Marex Group Plc MRX 69,537.00 2,682,737.00 0.25
978097103 Wolverine World Wide Inc WWW 110,770.00 2,501,186.00 0.24
87650L103 Tarsus Pharmaceuticals Inc TARS 65,139.00 2,528,695.00 0.24
81663L200 Genedx Holdings Corp WGS 24,620.00 2,510,009.00 0.24
165303108 Chesapeake Utilities Corp CPK 21,421.00 2,567,949.00 0.24
147448104 Casella Waste Systems Inc CWST 23,204.00 2,522,970.00 0.24
497266106 Kirby Corp KEX 27,150.00 2,587,666.00 0.24
50050N103 Kontoor Brands Inc KTB 43,863.00 2,441,414.00 0.23
28618M106 Element Solutions Inc ESI 101,553.00 2,396,650.00 0.23
04911A107 Atlantic Union Bankshares Corp AUB 77,252.00 2,448,888.00 0.23
5596991 UCB Sa UCB 11,201.00 2,406,592.00 0.23
68404L201 Option Care Health Inc OPCH 81,303.00 2,386,243.00 0.23
90184D100 Twist Bioscience Corp TWST 72,801.00 2,443,929.00 0.23
60471A101 Mirion Technologies Inc MIR 102,943.00 2,300,776.00 0.22
74112D101 Prestige Consumer Healthcare Inc PBH 31,768.00 2,349,243.00 0.22
127203107 Cactus Inc WHD 54,442.00 2,303,441.00 0.22
39813G109 GRID Dynamics Holdings Inc GDYN 247,675.00 2,350,435.00 0.22
453204109 Impinj Inc PI 14,729.00 2,276,808.00 0.22
45378A106 Independence Realty Trust Inc IRT 135,787.00 2,277,147.00 0.22
292765104 Enerpac Tool Group Corp EPAC 58,058.00 2,235,813.00 0.21
05368V106 Avient Corp AVNT 70,993.00 2,241,249.00 0.21
099406100 BOOT Barn Holdings Inc BOOT 12,657.00 2,175,738.00 0.21
646025106 NEW Jersey Resources Corp NJR 49,173.00 2,257,532.00 0.21
946784105 Waystar Holding Corp WAY 57,641.00 2,131,564.00 0.20
BP9DL90 Industria De Diseno Textil Sa ITX 43,405.00 2,073,329.00 0.20
03957W106 Archrock Inc AROC 90,931.00 2,124,148.00 0.20
12621E103 CNO Financial Group Inc CNO 57,319.00 2,111,631.00 0.20
23804L103 Datadog Inc DDOG 15,475.00 2,166,190.00 0.20
21044C107 Construction Partners Inc ROAD 19,747.00 1,991,484.00 0.19
87265H109 TRI Pointe Homes Inc TPH 64,222.00 1,978,037.00 0.19
91324P102 Unitedhealth Group Inc UNH 7,860.00 1,961,541.00 0.19
580589109 Mcgrath Rentcorp MGRC 16,061.00 2,004,252.00 0.19
855244109 Starbucks Corp SBUX 22,944.00 2,045,687.00 0.19
665531307 Northern Oil & Gas Inc NOG 67,748.00 1,907,783.00 0.18
148929102 CAVA Group Inc CAVA 21,914.00 1,928,651.00 0.18
252131107 Dexcom Inc DXCM 23,160.00 1,870,633.00 0.18
458665304 Interface Inc TILE 85,647.00 1,766,041.00 0.17
014491104 Alexander & Baldwin Inc ALEX 98,560.00 1,772,108.00 0.17
91704F104 Urban Edge Properties UE 89,958.00 1,773,971.00 0.17
925050106 Verona Pharma Plc VRNA 15,846.00 1,665,256.00 0.16
830940102 Skyward Specialty Insurance Group Inc SKWD 33,051.00 1,671,719.00 0.16
30040P103 Evertec Inc EVTC 45,968.00 1,661,743.00 0.16
302492103 Flywire Corp FLYW 158,231.00 1,723,135.00 0.16
35086T109 FOUR Corners Property Trust Inc FCPT 65,098.00 1,643,073.00 0.16
398433102 Griffon Corp GFF 19,163.00 1,557,377.00 0.15
44952J104 Crescent Energy Co CRGY 175,538.00 1,621,971.00 0.15
185123106 Clearwater Analytics Holdings Inc CWAN 76,888.00 1,557,750.00 0.15
82981J851 SITE Centers Corp SITC 151,067.00 1,626,991.00 0.15
64049M209 Neogenomics Inc NEO 318,081.00 1,539,512.00 0.15
98983L108 ZURN Elkay Water Solutions Corp ZWS 36,204.00 1,602,027.00 0.15
BP8JSP4 Newamsterdam Pharma Co Nv NAMS 69,452.00 1,514,748.00 0.14
BMHLZ26 Burford Capital Ltd BUR 115,770.00 1,487,644.00 0.14
85209W109 Sprout Social Inc SPT 84,571.00 1,450,392.00 0.14
74164F103 Primoris Services Corp PRIM 15,755.00 1,483,648.00 0.14
53228F101 Lifestance Health Group Inc LFST 377,097.00 1,500,846.00 0.14
637870106 National Storage Affiliates Trust NSA 45,590.00 1,343,081.00 0.13
675232102 Oceaneering International Inc OII 61,829.00 1,341,689.00 0.13
92243G108 Vaxcyte Inc PCVX 39,032.00 1,325,136.00 0.13
92538J106 Vertex Inc VERX 37,098.00 1,230,540.00 0.12
86722A103 Suncoke Energy Inc SXC 177,860.00 1,314,385.00 0.12
69007J304 Outfront Media Inc OUT 70,698.00 1,239,335.00 0.12
707569109 PENN Entertainment Inc PENN 69,207.00 1,249,878.00 0.12
624758108 Mueller Water Products Inc MWA 51,415.00 1,273,035.00 0.12
82452J109 Shift4 Payments Inc FOUR 11,886.00 1,224,258.00 0.12
801056102 Sanmina Corp SANM 10,522.00 1,220,972.00 0.12
534187109 Lincoln National Corp LNC 34,549.00 1,316,662.00 0.12
40131M109 Guardant Health Inc GH 30,543.00 1,251,652.00 0.12
402635502 Gulfport Energy Corp GPOR 7,437.00 1,295,004.00 0.12
358039105 Freshpet Inc FRPT 16,352.00 1,117,168.00 0.11
25402D102 Digitalocean Holdings Inc DOCN 41,946.00 1,168,615.00 0.11
500643200 KORN Ferry KFY 16,199.00 1,148,023.00 0.11
428291108 Hexcel Corp HXL 19,869.00 1,190,351.00 0.11
204166102 Commvault Systems Inc CVLT 6,397.00 1,215,110.00 0.11
22663K107 Crinetics Pharmaceuticals Inc CRNX 39,344.00 1,124,844.00 0.11
69924R108 Paramount Group Inc PGRE 186,712.00 1,142,677.00 0.11
866082100 Summit Hotel Properties Inc INN 223,701.00 1,167,719.00 0.11
91688F104 Upwork Inc UPWK 94,398.00 1,129,000.00 0.11
918090101 UTZ Brands Inc UTZ 82,064.00 1,069,293.00 0.10
91347P105 Universal Display Corp OLED 7,425.00 1,072,170.00 0.10
750491102 Radnet Inc RDNT 18,833.00 1,030,730.00 0.10
816850101 Semtech Corp SMTC 21,481.00 1,097,679.00 0.10
830879102 Skywest Inc SKYW 9,330.00 1,081,906.00 0.10
83418M103 Solaris Energy Infrastructure Inc SEI 33,228.00 1,085,558.00 0.10
57686G105 Matson Inc MATX 10,160.00 1,084,884.00 0.10
60786M105 Moelis & Co MC 14,074.00 987,150.00 0.09
91680M107 Upstart Holdings Inc UPST 11,891.00 971,970.00 0.09
859241101 Sterling Infrastructure Inc STRL 3,744.00 1,001,856.00 0.09
B4JSZL8 Fabrinet FN 2,866.00 927,810.00 0.09
00191U102 ASGN Inc ASGN 19,234.00 964,392.00 0.09
05379B107 Avista Corp AVA 26,079.00 972,746.00 0.09
48238T109 Openlane Inc KAR 39,419.00 971,284.00 0.09
485924104 Karman Holdings Inc KRMN 19,304.00 998,016.00 0.09
55955D100 Magnite Inc MGNI 39,135.00 900,496.00 0.09
19239V302 Cogent Communications Holdings Inc CCOI 19,887.00 906,648.00 0.09
29275Y102 Enersys ENS 10,590.00 978,198.00 0.09
382550101 Goodyear Tire & Rubber Co/the GT 77,866.00 800,462.00 0.08
034164103 Andersons Inc/the ANDE 22,333.00 802,201.00 0.08
BMGTPT8 Riskified Ltd RSKD 174,663.00 890,781.00 0.08
668074305 Northwestern Energy Group Inc NWE 15,415.00 827,785.00 0.08
64111Q104 Netgear Inc NTGR 36,779.00 855,111.00 0.08
858155203 Steelcase Inc SCS 81,664.00 843,589.00 0.08
72703X106 Planet Labs Pbc PL 134,945.00 843,406.00 0.08
729640102 Plymouth Industrial Reit Inc PLYM 59,583.00 865,145.00 0.08
830830105 Champion Homes Inc SKY 12,277.00 747,669.00 0.07
651718504 NPK International Inc NPKI 81,610.00 736,122.00 0.07
589378108 Mercury Systems Inc MRCY 14,970.00 787,272.00 0.07
59001A102 Meritage Homes Corp MTH 11,125.00 749,157.00 0.07
B3P6D26 Alkermes Plc ALKS 29,235.00 774,435.00 0.07
BTRVNM1 Aspen Insurance Holdings Ltd AHL 24,643.00 778,472.00 0.07
03753U106 Apellis Pharmaceuticals Inc APLS 32,168.00 718,633.00 0.07
00650F109 Adaptive Biotechnologies Corp ADPT 74,419.00 762,050.00 0.07
04316A108 Artisan Partners Asset Management Inc APAM 16,995.00 769,023.00 0.07
27627N105 Eastern Bankshares Inc EBC 47,729.00 737,413.00 0.07
13057Q305 California Resources Corp CRC 15,636.00 753,342.00 0.07
50077B207 Kratos Defense & Security Solutions Inc KTOS 11,753.00 689,901.00 0.07
53115L104 Liberty Energy Inc LBRT 47,924.00 591,382.00 0.06
53190C102 LIFE Time Group Holdings Inc LTH 20,851.00 598,840.00 0.06
35905A109 Frontdoor Inc FTDR 11,358.00 664,443.00 0.06
421906108 Healthcare Services Group Inc HCSG 47,100.00 612,771.00 0.06
296006109 ERO Copper Corp ERO 50,692.00 685,355.00 0.06
16115Q308 Chart Industries Inc GTLS 3,172.00 630,688.00 0.06
09739D100 Boise Cascade Co BCC 7,427.00 622,456.00 0.06
00973Y108 Akero Therapeutics Inc AKRO 13,898.00 678,917.00 0.06
03945R102 Archer Aviation Inc ACHR 58,677.00 588,530.00 0.06
87918A105 Teladoc Health Inc TDOC 84,098.00 606,346.00 0.06
922280102 Varonis Systems Inc VRNS 10,716.00 598,274.00 0.06
926400102 Victoria's Secret & Co VSCO 33,977.00 638,767.00 0.06
60646V105 Mister Car Wash Inc MCW 109,938.00 634,891.00 0.06
834203309 Soleno Therapeutics Inc SLNO 6,990.00 604,425.00 0.06
816300107 Selective Insurance Group Inc SIGI 8,519.00 664,226.00 0.06
75960P104 Remitly Global Inc RELY 40,466.00 667,689.00 0.06
74276R102 Privia Health Group Inc PRVA 24,443.00 477,127.00 0.05
80706P103 Scholar Rock Holding Corp SRRK 15,224.00 564,049.00 0.05
69366J200 PTC Therapeutics Inc PTCT 9,799.00 510,625.00 0.05
92645B103 Victory Capital Holdings Inc VCTR 7,405.00 510,278.00 0.05
BPLZ7S5 Biohaven Ltd BHVN 37,700.00 569,270.00 0.05
970646105 Willis Lease Finance Corp WLFC 3,924.00 555,559.00 0.05
092113109 Black Hills Corp BKH 9,248.00 534,349.00 0.05
109641100 Brinker International Inc EAT 3,457.00 544,823.00 0.05
146229109 Carter's Inc CRI 21,730.00 526,735.00 0.05
238337109 DAVE & Buster's Entertainment Inc PLAY 17,274.00 505,091.00 0.05
24823R105 Denali Therapeutics Inc DNLI 39,900.00 551,817.00 0.05
297602104 Ethan Allen Interiors Inc ETD 17,269.00 514,098.00 0.05
343412102 Fluor Corp FLR 9,123.00 517,912.00 0.05
29082K105 Embecta Corp EMBC 51,664.00 524,906.00 0.05
413160102 Harmonic Inc HLIT 63,809.00 543,014.00 0.05
559663109 Magnolia Oil & Gas Corp MGY 23,692.00 564,343.00 0.05
50127T109 KURA Oncology Inc KURA 83,256.00 503,698.00 0.05
50012A108 Kodiak Gas Services Inc KGS 17,341.00 560,634.00 0.05
42806J700 Hertz Global Holdings Inc HTZ 76,737.00 491,884.00 0.05
457730109 Inspire Medical Systems Inc INSP 3,997.00 497,786.00 0.05
46222L108 IONQ Inc IONQ 12,442.00 496,062.00 0.05
457642205 Innodata Inc INOD 8,482.00 465,661.00 0.04
535555106 Lindsay Corp LNN 3,322.00 453,486.00 0.04
207410101 Conmed Corp CNMD 8,936.00 457,076.00 0.04
192108504 Coeur Mining Inc CDE 44,856.00 389,798.00 0.04
14167L103 Caredx Inc CDNA 30,475.00 374,385.00 0.04
04342Y104 Asana Inc ASAN 30,109.00 442,000.00 0.04
B0539H3 Herbalife Ltd HLF 44,225.00 406,870.00 0.04
BYSS4X4 Novocure Ltd NVCR 36,068.00 417,306.00 0.04
88025U109 10X Genomics Inc TXG 28,203.00 379,330.00 0.04
87724P106 Taylor Morrison Home Corp TMHC 6,826.00 404,645.00 0.04
68287N100 Onespan Inc OSPN 30,717.00 453,075.00 0.04
65290E101 Nextracker Inc NXT 7,067.00 411,723.00 0.04
57142B104 Marqeta Inc MQ 57,900.00 330,030.00 0.03
04041L106 ARIS Water Solutions Inc ARIS 15,605.00 331,918.00 0.03
142152107 Caris Life Sciences Inc CAI 12,241.00 343,727.00 0.03
12468P104 C3.ai Inc AI 13,803.00 325,198.00 0.03
277461406 Eastman Kodak Co KODK 51,952.00 348,078.00 0.03
CURRENCY Currency 184,632.00 184,631.00 0.02

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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.

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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

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