PGIM Jennison Equity Income is getting a new name and new strategy, but elements of its old strategy remain. There is enough uncertainty that the fund maintains its Morningstar Analyst Rating of Neutral across all share classes.
Will PJERX 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 PJERX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PJERX 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 PJERX’s parent organization’s priorities and whether they’re in line with investors’ interests.