PGIM Jennison Global Infrastructure Fund Class Z (PGJZX)
PGIM Jennison Global Infrastructure Fund Class Z operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Newark, NJ, US. The stock last traded at $18.88, up 0.43% on the session, giving a market capitalisation of $53.9M. Its beta of 0.66 implies it has historically moved less than the broad market.
This fund primarily allocates a minimum of 80% of its portfolio to infrastructure sector equities, encompassing both domestic U.S. firms and international entities. The management aims to achieve geographic diversity by investing in companies across at least three distinct countries. Generally, about 40% of its investable capital is directed towards foreign securities; however, this target is flexible and can adjust based on prevailing market prospects. Regardless of market conditions, the fund commits to maintaining at least 30% of its investable assets in non-U.S. issuers.
PGIM Jennison Global Infrastructure Fund Class Z is most often compared with the following Financial Services names: