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.
PGIM Jennison Utility C PCUFX
NAV / 1-Day Return
16.81
/
0.66
%
Total Assets
3.8 Bil
Adj. Expense Ratio
1.590%
Expense Ratio
1.590%
Fee Level
Low
Longest Manager Tenure
21.88
years
Category
Utilities
Investment Style
Mid ValueMin. Initial Investment
1,000
Status
Open
TTM Yield
0.60%
Turnover
38%
Morningstar’s Fund Analysis PCUFX
Will PCUFX 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 PCUFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PCUFX 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 PCUFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Comanager to Depart PGIM Jennison Utility; Ratings Unchanged
