Source: Morningstar. All rights reserved. Used with permission. Class Z shares inception: 3/14/2012. Morningstar rankings are based on total return, do not include the effects of sales charges, and are calculated against all funds in the Morningstar Global Large-Stock Growth category.
Past performance does not guarantee future results.
Seeks long-term growth of capital by investing in rapidly growing companies around the developing world. The Fund may be appropriate for those looking for broad emerging markets diversification and are interested in managers who seek the best equity opportunities without regional or benchmark restraints.
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.
Name
|
Weight
|
---|---|
Avg Weighted Market Cap ($mil) | 39,068.40 |
Beta (3 year) | 0.76 |
Standard Deviation (3 year) | 15.98 |
Turnover Ratio (12-month %) | 70.00 |
Morningstar rankings for 1-, 3-, 5-, and 10-years are Class A:377/769, 515/714, 451/629 and 81/455; Class C: 444/769, 571/714, 518/629 and 131/455; Class R6: 351/769, 491/714, and 434/629, and 67/455; Class Z: 357/769, 500/714, 438/629 and 61/455.
Risks of investing in the fund include but are not limited to the following: Foreign securities are subject to currency fluctuations and political uncertainty. Emerging market investments are subject to greater volatility and price declines. 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. Geographic concentration may cause the Fund’s performance to be closely tied to the market, economic, political, regulatory or other conditions in the countries or regions in which the fund invests. Small- and Mid-cap investments may be subject to more erratic market movements than large-cap stocks. Investments in currency may result in a decline in the fund’s net asset value due to changes in exchange rates. There is no guarantee the Fund's objective will be achieved. Risks are more fully explained in the fund's prospectus.
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 Jennison Emerging Markets Equity Opportunities Fund.
See Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Jennison Emerging Markets Equity Opportunities Fund.
See Daily Returns for the PGIM Jennison Emerging Markets Equity Opportunities Fund.
See Quarterly SEC Standardized Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Jennison Emerging Markets Equity Opportunities Fund.
Fund Expenses
|
Maximum Sales Charge (%)
|
|||
---|---|---|---|---|
Class
|
Gross (%)
|
Net (%)
|
Date*
|
|
A | 1.53 | 1.30 | 02/28/2026 | 5.50 |
C | 2.70 | 2.05 | 02/28/2026 | 1.00 |
R6 | 1.04 | 0.98 | 02/28/2026 | — |
Z | 1.15 | 1.05 | 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 Diversified Emerging Markets Category Average: Diversified emerging-markets portfolios tend to divide their assets among 20 or more nations, although they tend to focus on the emerging markets of Asia and Latin America rather than on those of the Middle East, Africa, or Europe. These portfolios invest predominantly in emerging market equities, but some funds also invest in both equities and fixed income investments from emerging markets.
MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. It consists of the following 26 emerging market country indexes: Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Pakistan, Peru, Philippines, Poland, Qatar, Russia, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey, and the United Arab Emirates.
An investment cannot be made directly in an index or average. All indexes and averages are unmanaged.
Class
|
NAV ($)
|
NAV Change ($)
|
NAV Change (%)
|
POP ($)
|
Total Net Assets ($)
|
---|---|---|---|---|---|
A | 19.20 |
![]() |
1.91 | 20.32 | 30,261,344.66 |
C | 17.69 |
![]() |
1.90 | — | 3,105,881.33 |
R6 | 19.78 |
![]() |
1.96 | — | 295,913,360.13 |
Z | 19.72 |
![]() |
1.91 | — | 314,665,079.49 |
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 $U.S. value over the previous day:= Gain,
= Loss,
= No Change.
See Prices of other PGIM Investments Mutual Funds.
Class
|
52 Week High ($)
|
52 Week High Date
|
52 Week Low ($)
|
52 Week Low Date
|
---|---|---|---|---|
A | 19.20 | 08/22/2025 | 14.27 | 04/08/2025 |
C | 17.69 | 08/22/2025 | 13.18 | 04/08/2025 |
R6 | 19.78 | 08/22/2025 | 14.68 | 04/08/2025 |
Z | 19.72 | 08/22/2025 | 14.64 | 04/08/2025 |
For share classes less than one year old, the 52-week high and 52-week low NAVs are calculated from inception to the current date.
See Yields of other PGIM Investments Mutual Funds.
Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.
All data is unaudited and subject to change. Holdings/allocations may vary. This is not a recommendation to buy or sell any security listed. Largest holdings excludes cash, cash equivalents, money market funds and enhanced cash strategies. Totals may not sum due to rounding.
*Diversified sector represents real estate companies that own properties across multiple sectors.
Holdings are unaudited, may vary and are subject to change. Please refer to the Fund's annual report for audited holdings information. This is not a recommendation to buy or sell any security listed.
Value ($): 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.
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
|
---|---|---|---|---|---|---|---|
88032Q109 | Tencent Holdings Ltd | TCEHY | — | — | 586,294.00 | 41,081,620.00 | 6.62 |
01609W102 | Alibaba Group Holding Ltd | BABA | — | — | 252,431.00 | 30,450,751.00 | 4.91 |
6889106 | Taiwan Semiconductor Manufacturing Co Lt | 2,330.00 | — | — | 788,123.00 | 30,342,173.00 | 4.89 |
BG0ZMJ9 | Xiaomi Corp | 1,810.00 | — | — | 4,215,796.00 | 28,363,672.00 | 4.57 |
36118L106 | FUTU Holdings Ltd | FUTU | — | — | 164,187.00 | 25,232,258.00 | 4.07 |
29082A107 | Embraer Sa | ERJ | — | — | 396,529.00 | 22,832,139.00 | 3.68 |
48553T106 | Kanzhun Ltd | BZ | — | — | 1,199,396.00 | 22,740,548.00 | 3.67 |
6772671 | Hanwha Aerospace Co Ltd | 12,450.00 | — | — | 27,916.00 | 19,916,738.00 | 3.21 |
B4TPSL0 | Alchip Technologies Ltd | 3,661.00 | — | — | 150,172.00 | 19,197,550.00 | 3.10 |
B552PC2 | Makemytrip Ltd | MMYT | — | — | 204,365.00 | 19,126,520.00 | 3.08 |
88034P109 | Tencent Music Entertainment Group | TME | — | — | 899,514.00 | 18,880,798.00 | 3.04 |
6267359 | HONG Kong Exchanges & Clearing Ltd | 388 | — | — | 340,117.00 | 18,406,728.00 | 2.97 |
B80VKP3 | Aspeed Technology Inc | 5,274.00 | — | — | 121,212.00 | 18,356,438.00 | 2.96 |
BS854D3 | Laopu Gold Co Ltd | 6,181.00 | — | — | 188,996.00 | 16,986,599.00 | 2.74 |
BK4Y052 | XP Inc | XP | — | — | 1,029,818.00 | 16,621,262.00 | 2.68 |
6372480 | Mediatek Inc | 2,454.00 | — | — | 340,481.00 | 15,418,536.00 | 2.49 |
6536651 | BYD Co Ltd | 1,211.00 | — | — | 1,050,962.00 | 15,344,946.00 | 2.47 |
BN6NP19 | NU Holdings Ltd/cayman Islands | NU | — | — | 1,243,812.00 | 15,199,382.00 | 2.45 |
BGR6KX5 | Innovent Biologics Inc | 1,801.00 | — | — | 1,226,417.00 | 15,180,720.00 | 2.45 |
89677Q107 | Trip.com Group Ltd | TCOM | — | — | 233,035.00 | 14,436,518.00 | 2.33 |
BSZ2BY7 | Icici Bank Ltd | ICICIBC | — | — | 847,356.00 | 14,268,889.00 | 2.30 |
BD3DWQ6 | BSE Ltd | BSE | — | — | 513,715.00 | 14,144,065.00 | 2.28 |
6442327 | Bharti Airtel Ltd | BHARTI | — | — | 636,035.00 | 13,845,942.00 | 2.23 |
399909100 | Grupo Financiero Galicia Sa | GGAL | — | — | 274,128.00 | 13,835,240.00 | 2.23 |
BD4HFR9 | HD Hyundai Electric Co Ltd | 267,260.00 | — | — | 30,587.00 | 10,884,753.00 | 1.75 |
BZ1G175 | Hugel Inc | 145,020.00 | — | — | 45,035.00 | 10,870,496.00 | 1.75 |
BZBZVC7 | Banco Btg Pactual Sa | BPAC11 | — | — | 1,554,363.00 | 10,867,536.00 | 1.75 |
98887Q104 | ZAI Lab Ltd | ZLAB | — | — | 281,814.00 | 10,652,569.00 | 1.72 |
84265V105 | Southern Copper Corp | SCCO | — | — | 110,180.00 | 10,374,579.00 | 1.67 |
BWT5WS1 | Classys Inc | 214,150.00 | — | — | 237,787.00 | 9,838,627.00 | 1.59 |
BL6P210 | Eternal Ltd | ETERNAL | — | — | 2,541,576.00 | 8,870,387.00 | 1.43 |
482497104 | KE Holdings Inc | BEKE | — | — | 478,606.00 | 8,815,922.00 | 1.42 |
74440W862 | (pipa070) Pgim Core Government Money Mar | — | 4.41 | 12/01/2099 | 8,050,342.00 | 8,050,342.00 | 1.30 |
874039100 | Taiwan Semiconductor Manufacturing Co Lt | TSM | — | — | 32,943.00 | 7,959,687.00 | 1.28 |
6771720 | Samsung Electronics Co Ltd | 5,930.00 | — | — | 148,736.00 | 7,580,177.00 | 1.22 |
81141R100 | SEA Ltd | SE | — | — | 46,966.00 | 7,357,223.00 | 1.19 |
6100186 | Mahindra & Mahindra Ltd | MM | — | — | 193,730.00 | 7,057,313.00 | 1.14 |
BKVD654 | Devyani International Ltd | DEVYANI | — | — | 3,433,236.00 | 6,356,730.00 | 1.02 |
BFY6H41 | BANK Syariah Indonesia Tbk Pt | BRIS | — | — | 31,734,398.00 | 5,238,888.00 | 0.84 |
CNBMGJQ17 | Leader Harmonious Drive Systems Co Ltd | — | — | — | 210,285.00 | 3,766,663.00 | 0.61 |
BRTZT85 | MAX Estates Ltd | MAXESTAT | — | — | 594,426.00 | 3,281,866.00 | 0.53 |
CURRENCY | Currency | — | — | — | 223,685,903.00 | 2,197,357.00 | 0.35 |
FPENEOEPSE | Krw/usd Spot 20250801 00010 | KRW | — | 08/01/2025 | 10,928,862,393.00 | 7,981.00 | 0.00 |
I86HQH53DU | Hkd/usd Spot 20250801 00010 | HKD | — | 08/01/2025 | 796,556.00 | -544.00 | 0.00 |
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.
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.
Mark Baribeau, CFA, Albert Kwok, CFA, and Sara Moreno are the portfolio managers for the PGIM Jennison Emerging Markets Equity Opportunities Fund.
Managing Director, Head of Global Equity, and Global Equity Portfolio Manager
|Jennison Associates
Mark Baribeau, CFA, is a managing director, Head of Global Equity, and Global Equity portfolio manager.
Managing Director, emerging markets equity portfolio manager, and research analyst
|Jennison Associates
Albert Kwok, CFA is a Managing Director, emerging markets equity portfolio manager, and research analyst.
Managing Director, Emerging Markets Portfolio Manager, and Research Analyst
|Jennison Associates
Sara Moreno is a Managing Director, emerging markets equity portfolio manager, and research analyst.
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. 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. 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. *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.
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.
4405565 Ed. 04/2025
document name | audience | updated | order code |
---|