Effective May 17, 2022, global utilities analyst Teresa Ho Kim no longer serves as comanager on the PGIM Jennison Utility fund; longtime managers Shaun Hong and Ubong “Bobby” Edemeka remain. Edemeka has relevant global utilities expertise which should allow him to effectively absorb Ho Kim’s coverage responsibilities. With some continuity in the management ranks and no anticipated changes to the investment approach, the strategy's Morningstar Analyst Ratings are unchanged.
Will JDURX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JDURX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the JDURX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of JDURX’s parent organization’s priorities and whether they’re in line with investors’ interests.