PGIM Global Real Estate Z (PURZX)
PGIM Global Real Estate Z operates in the Asset Management industry of the Financial Services sector, headquartered in Newark, NJ, US. The stock last traded at $21.53, up 0.65% on the session, giving a market capitalisation of $2.18B. Its beta of 0.99 implies it has historically moved less than the broad market.
The fund normally invests at least 80% of its investable assets (net assets plus any borrowings made for investment purposes) in equity-related securities of real estate companies, principally real estate investment trusts ("REITs"), and other real estate securities. Equity-related securities may also include common stock, convertible securities, nonconvertible preferred stock, American Depositary Receipts (ADRs), warrants and other rights that can be exercised to obtain stock, investments in various types of business ventures and similar securities.
PGIM Global Real Estate Z is most often compared with the following Financial Services names: