Skip to Content
Morningstar

PGIM Real Assets A PUDAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See PGIM Investment Hub

Morningstar’s Analysis PUDAX

Will PUDAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PUDAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PUDAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PUDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

PGIM Real Assets A's recent fee cut is n't enough to offset its decreased Process Pillar rating, resulting in a downgrade to this strategy's Morningstar Medalist Rating to Negative from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor