A recent sudden change to PGIM Quant Solutions Mid Cap Value’s management team underscores turnover concerns within PGIM’s quant group, meriting a downgrade of its People Rating to Below Average from Average. This strategy’s quantitative-based approach targets sensible investment factors, but it has struggled to add value and better options exist for investors.
PGIM Quant Solutions Mid-Cap Val R SDVRX
- NAV / 1-Day Return 23.99 / −0.37 %
- Total Assets 184.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.450%
- Distribution Fee Level Average
- Share Class Type Retirement, Small
- Category Mid-Cap Value
- Investment Style Mid Value
- Min. Initial Investment —
- Status Limited
- TTM Yield 1.54%
- Turnover 70%
USD | NAV as of May 16, 2024 | 1-Day Return as of May 16, 2024, 10:21 PM GMT+0
Morningstar’s Analysis SDVRX
Will SDVRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Bank of New York Mellon Corp | 1.11 | 2.0 Mil | Financial Services |
Phillips 66 | 1.08 | 1.9 Mil | Energy |
Lennar Corp Class A | 1.06 | 1.9 Mil | Consumer Cyclical |
Nucor Corp | 1.02 | 1.8 Mil | Basic Materials |
The Kroger Co | 1.01 | 1.8 Mil | Consumer Defensive |
PACCAR Inc | 0.93 | 1.7 Mil | Industrials |
eBay Inc | 0.89 | 1.6 Mil | Consumer Cyclical |
PulteGroup Inc | 0.89 | 1.6 Mil | Consumer Cyclical |
LyondellBasell Industries NV Class A | 0.88 | 1.6 Mil | Basic Materials |
Hewlett Packard Enterprise Co | 0.83 | 1.5 Mil | Technology |