PGIM Jennison Global Opportunities Fund Details and Information

The PGIM Jennison Global Opportunities Fund is a diversified investment vehicle that offers a range of benefits to investors. It's designed for those looking to invest in a global portfolio with a mix of equity and fixed income securities.

The fund's primary objective is to provide long-term capital appreciation and income by investing in a diversified portfolio of global securities. This approach allows investors to spread risk and potentially increase returns.

Investors can buy into the fund through various channels, including through a financial advisor or directly through the fund's website. The minimum investment requirement is $2,500 for the A shares and $1,000 for the C shares, which is relatively accessible to most investors.

The PGIM Jennison Global Opportunities Fund is a solid investment option. It has been around since March 14, 2012, making it a relatively established fund.

The fund is offered by Prudential, a well-known financial services company. Prudential has a long history of providing reliable investment products.

Here are the key details about the fund:

This information is essential for investors who want to make informed decisions about their investments.

The PGIM Jennison Global Opportunities Fund has a notable expense ratio, which measures how much of its assets are used for administrative expenses and operating expenses. This ratio is 0.92%, which is 15% lower than its category average, earning it a B grade.

High annual expense ratios can reduce your rate of return, and excessive fees can be difficult to overcome. Active management, which the PGIM Jennison Global Opportunities Fund employs, normally comes with higher expense ratios than passive index management.

The fund's portfolio turnover rate is 66%, indicating that it holds its assets for around 0.0 years. This is higher than the average portfolio turnover of 37% for the Global Large-Stock Growth category.

Here's a breakdown of the fund's fees:

The fund's recent return of 3.4% in January 2025 earned it a grade of F, as the Global Large-Stock Growth category had an average return of 4.5%.

The PGIM Jennison Global Opportunities Fund is a dynamic investment option that allows you to tap into a diverse range of global markets.

The fund's investment approach is centered around a team of experienced portfolio managers who conduct rigorous research to identify high-growth opportunities.

This team-led approach enables the fund to adapt quickly to changing market conditions, minimizing potential risks and maximizing returns.

The fund's investment universe is vast, covering over 3,000 stocks across 40 countries, giving investors a broad exposure to global markets.

The PGIM Jennison Global Opportunities Fund has had a mixed performance over the years, with a return of 3.4% year to date, which is 1.1 percentage points worse than the category.

The fund's one-year return of 20.3% is a grade of C, but its five-year return of 14.4% per year is a grade of A. This suggests that the fund has been more consistent in the long term.

Here's a breakdown of the fund's grades and rankings over different time periods:

The fund's performance has varied significantly over the years, with a return of -39.6% in 2022, but also a return of 74.4% in 2020.

The management team behind the PGIM Jennison Global Opportunities fund is comprised of three experienced managers, with the longest tenure being 12.9 years.

The fund's expense ratio is 0.92%, which is 15% lower than its category average, earning it a grade of B. This is a notable aspect, as high annual expense ratios can reduce your rate of return.

PGIM Jennison Global Opportunities Z has a portfolio turnover rate of 66%, which is higher than the average portfolio turnover of 37% for the Global Large-Stock Growth category. This can lead to higher expenses and lower after-tax returns.

Here's a comparison of the fund's expense ratio and portfolio turnover rate to its category averages:

The fund's management team has a relatively short average tenure of 9.2 years, with the most recent addition being Rebecca Irwin in 2023.

The PGIM Jennison Global Opportunities Z fund has a primary benchmark of the MSCI ACWI NR USD index with a 100% weighting. It's worth noting that this fund is part of the Equity global asset class.

The fund has 49 securities in its portfolio, which is a relatively small number compared to other funds. This is likely due to its investment strategy.

The top 10 holdings constitute 46.4% of the fund's assets, which means that the majority of the fund's value is concentrated in a small number of stocks. This can be a risk factor for investors.

The fund is diversified, meeting the SEC requirement for classification as such. This is a good sign for investors who want to spread their risk.

PGIM Jennison Global Opportunities Z has 28.0% of its portfolio invested in foreign issues, which means that a significant portion of the fund's assets are held outside of the country.

Mark Baribeau has managed this fund for 9 years and 6 months. He has extensive experience in the industry, having previously worked at Loomis Sayles for over 21 years. Mark Baribeau is a managing director, the Head of Global Equity, and a global equity portfolio manager. He joined Jennison in 2011 and is a member of the Jennison Management Team.

Operating Fees can be a significant factor in your investment returns. The expense ratio of the PGIM Jennison Global Opportunities A fund is 0.92%, which is higher than the category average of 0.01%. This means you'll pay more in fees compared to similar funds.

The management fee is 0.80% of the fund's assets under management, which is also higher than the category average of 0.00%. This fee is charged for the expertise and services provided by the fund's manager.

The administrative fee is not applicable for this fund, but it's worth noting that some funds may charge this fee to cover administrative costs.

Here is a breakdown of the operational fees for the PGIM Jennison Global Opportunities A fund:

It's essential to consider these fees when evaluating the PGIM Jennison Global Opportunities A fund, as they can impact your investment returns over time.

The PGIM Jennison Global Opportunities Fund is designed to provide long-term capital growth and income.

The fund invests in a mix of stocks and bonds from around the world, with a focus on companies that are expected to grow rapidly in the future.

Its investment objective is to achieve long-term capital growth and income by investing in a diversified portfolio of global equities and bonds.

Asset allocation is a crucial aspect of investing, and it's essential to understand how to allocate your assets effectively. Stocks make up the largest portion of a typical investment portfolio, weighing in at 98.07% of the total allocation.

Cash, on the other hand, accounts for a relatively small percentage of 3.64%. This is because cash investments often come with lower returns, with a low return of -174.70% and a high return of 23.12%.

Preferred stocks and other investments also play a minor role, with 0.00% and 0.00% allocations, respectively. These investments have varying returns, but they are not as significant as stocks or cash.

Here's a breakdown of the asset allocation:

Bonds and convertible bonds are also part of the mix, although they have very small allocations of 0.00%.

Assets Under Management is an important consideration when evaluating a fund's performance and potential. The fund's total assets can impact its expense ratio and ability to implement its investment strategy.

A fund with lower assets under management, like PGIM Jennison Global Opportunities A with $655 million, may have higher average expense ratios. However, this can be beneficial in certain investment categories, such as small-cap investing, where large assets can hinder the manager's ability to fully employ their strategy.

The fund's $655 million in assets is below the $835 million average for the Global Large-Stock Growth category. This is a key consideration when evaluating the fund's potential for growth and returns.

Here's a comparison of the fund's assets under management to the category average:

Keep in mind that while lower assets under management can be beneficial in some cases, it's essential to consider the fund's overall performance and strategy when making investment decisions.

The investment objective of the PGIM Jennison Global Equity Opportunities Fund is to seek long term growth of capital by investing in companies around the world in the early stages of acceleration in their growth.

The fund considers diverse sources of growth for the companies under consideration, including innovation that disrupts an industry's existing competitive landscape.

Innovation can come from anywhere, but the fund focuses on companies that are developing new products or expanding into new markets, which can lead to significant growth.

A company's competitive position and ability to execute its business strategy are also crucial factors in the fund's investment decisions.

The fund's approach is centered around finding companies that are poised for growth, not just those that are already successful.

By considering a range of growth drivers, the fund aims to identify opportunities that can lead to long-term capital growth.