PGIM Jennison Mid-Cap Growth's longest-tenured manager's retirement is a loss, but a decent bench remains and continues to execute its long-standing bottom-up approach. All but two of the fund's share classes maintain a Morningstar Analyst Rating of Bronze, while the pricier B and C share classes fall to Neutral.
Will PEEAX 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 PEEAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PEEAX 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 PEEAX’s parent organization’s priorities and whether they’re in line with investors’ interests.