PGIM Quant Solutions Stock Index Fund (PSIFX)
PGIM Quant Solutions Stock Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Newark, NJ, US. The stock last traded at $54.21, up 0.26% on the session, giving a market capitalisation of $935.7M. Its beta of 1.03 implies it has historically moved more than the broad market.
This fund typically commits more than 80% of its investable assets to the securities comprising the S&P 500 Index, aiming to mirror their respective weightings. The fund's management endeavors to duplicate the precise equity composition of the S&P 500, implementing a strategy known as passive management or indexing. The S&P 500 Index, for reference, is a non-actively managed benchmark composed of over 500 shares from significant U.S. public corporations.
PGIM Quant Solutions Stock Index Fund is most often compared with the following Financial Services names: