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.
PGIM Jennison Mid-Cap Growth A PEEAX
NAV / 1-Day Return
21.59
/
1.68
%
Total Assets
2.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.060%
Expense Ratio
1.060%
Fee Level
Low
Longest Manager Tenure
4.32
years
Category
Mid-Cap Growth
Investment Style
Mid GrowthMin. Initial Investment
1,000
Status
Open
TTM Yield
0.00%
Turnover
58%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PEEAX 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 PEEAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of PEEAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Still a solid option despite a key retirement.
