Pgim Jennison Us Growth Fund Information and Insights

The Pgim Jennison US Growth Fund is a popular option for investors looking to grow their portfolios. It's a no-load mutual fund that's been around since 1995.

The fund's investment strategy focuses on large-cap growth stocks, which are companies with a market capitalization of $10 billion or more. This approach aims to capture the potential for long-term growth in the US stock market.

One of the key features of the fund is its low expense ratio, which is 0.69%. This means that investors can keep more of their returns, rather than paying high fees to manage their investments.

The fund's performance has been impressive, with a 10-year annualized return of 13.4%. This is significantly higher than the S&P 500's 10-year return of 12.3%.

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The PGIM Jennison Growth Fund has a rich history, having been established on September 23, 1996.

The fund is part of the Prudential fund family, a well-established and reputable name in the investment world.

Here are some key details about the fund:

The Fund Objective is to seek long-term growth of capital. This means the fund's main goal is to increase the value of your investment over time.

The PGIM Jennison U.S. Growth Fund specifically aims to achieve this by investing in U.S. based companies with above-average growth in revenues, earnings, and cash flows. It uses in-depth fundamental research to find these companies.

The fund seeks companies with solid management teams, strong balance sheets, and appropriate valuations. It also looks for companies with improving sales momentum and high or improving profitability.

To invest in the fund, companies must have a market capitalization of over $1 billion. The fund will also consider companies that have the potential to grow faster than others in terms of sales, earnings, or returns on equity and assets.

Expand your knowledge: Pgim Jennison Global Opportunities Fund

Operational fees are an important aspect of a fund's overall cost. The PJFZX fund has an expense ratio of 0.69% of its assets under management (AUM).

The expense ratio is a significant component of operational fees, making up a substantial portion of the fund's overall costs. This fee is used to cover administrative and operational expenses.

The management fee is another key component of operational fees, coming in at 0.56% of AUM. This fee is typically used to compensate the fund manager for their services.

Here's a breakdown of the operational fees for the PJFZX fund:

The 12b-1 fee, which is used to cover marketing and distribution expenses, is not applicable to the PJFZX fund. The administrative fee is also not applicable, with a range of 0.01% to 1.02% of AUM for the lowest and highest category return, respectively.

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The pgim jennison us growth investment has shown a strong performance over the years. Its 1-year return is a notable 16.2%.

One of the key aspects of its performance is its ranking within its category. For instance, in the 1-year period, it ranked 50.73% in its category, indicating it performed better than half of the funds in its category.

Here's a breakdown of its performance over different time periods:

Note that the asterisk (*) denotes annualized returns for the 3, 5, and 10-year periods.

In the world of investing, tracking performance is crucial to making informed decisions. The PJFZX fund has delivered impressive returns over the years, but how does it stack up against its category peers?

The fund's 1-year return of 16.2% is noteworthy, placing it in the 50.73% percentile of its category. This suggests that while the fund has done well, there are still opportunities for growth.

Looking at the fund's 3-year and 5-year returns, we see that it has been a consistent performer, with annualized returns of 14.7% and 17.0%, respectively. These returns place the fund in the 14.25% and 20.99% percentiles of its category, indicating a solid long-term track record.

Here's a breakdown of the fund's performance over different time periods:

As we can see, the fund's performance has been strong across various time frames, with the 2020 return of 44.0% being particularly notable. This return placed the fund in the 13.98% percentile of its category, a testament to its resilience in the face of market volatility.

Concentration Analysis is a crucial aspect of a fund's performance. It helps us understand how the fund is allocating its assets.

The fund's net assets of $8.92 billion are a significant indicator of its size and scope. This is a substantial amount of money, and it's essential to consider how it's being managed.

The fund's number of holdings is relatively small, with only 52 positions. This is a more concentrated portfolio than we might expect, given the fund's size.

A concentrated portfolio can be both a blessing and a curse. On the one hand, it can lead to better performance if the fund manager is able to pick winners. On the other hand, it can increase risk if the fund is heavily invested in a few stocks.

The fund's weighting of its top 10 holdings is a good indicator of its concentration. At 53.61%, this is a significant portion of the fund's assets. To put this in perspective, the Category Low fund has a weighting of only 0.7% for its top 10 holdings.

Here's a comparison of the fund's concentration metrics:

This table highlights the significant differences in concentration between the PJFZX fund and the Category Low and Category High funds. The PJFZX fund's smaller number of holdings and higher weighting of its top 10 holdings indicate a more concentrated portfolio.

PGIM Jennison US Growth is an actively managed investment strategy that focuses on long-term growth, rather than short-term gains. It's designed to help investors grow their wealth over time.

The fund invests in a wide range of US stocks, covering various sectors and industries. This allows it to capitalize on opportunities across the market.

The strategy is led by experienced portfolio managers, who use a combination of fundamental research and quantitative analysis to identify top-performing stocks. They focus on companies with strong growth potential, solid financials, and a competitive edge in their markets.

The fund's investment approach is flexible, allowing it to adapt to changing market conditions and take advantage of new opportunities. This flexibility is key to its long-term success.

PGIM Jennison US Growth has a low minimum investment requirement, making it accessible to a wide range of investors.

For more insights, see: How to Find Growth Stocks