PGIM QMA Mid-Cap Value Fund- Class B (SVUBX)
PGIM QMA Mid-Cap Value Fund- Class B operates in the Asset Management industry of the Financial Services sector. The stock last traded at $10.60, down 3.46% on the session, giving a market capitalisation of $218.2M. Its beta of 1.53 implies it has historically moved more than the broad market.
The primary objective of this fund is to achieve capital appreciation. It typically allocates a minimum of 80% of its investable capital to stocks and other equity-linked instruments issued by mid-sized corporations. The subadviser defines these mid-sized companies as those whose market capitalization falls within the range of firms comprising the Russell Midcap Index, assessed at the point of acquisition. A substantial portion of the fund's holdings will generally be focused on U.S. equities and related investments, with the flexibility to commit up to 25% of its total assets to Real Estate Investment Trusts (REITs).
PGIM QMA Mid-Cap Value Fund- Class B is most often compared with the following Financial Services names: