A recent sudden change to PGIM Quant Solutions Mid Cap Value’s management team underscores turnover concerns within PGIM’s quant group, meriting a downgrade of its People Rating to Below Average from Average. This strategy’s quantitative-based approach targets sensible investment factors, but it has struggled to add value and better options exist for investors.
PGIM Quant Solutions Mid-Cap Val R4 PMVFX
- NAV / 1-Day Return 24.14 / +2.03 %
- Total Assets 195.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.980%
- Distribution Fee Level High
- Share Class Type Retirement, Large
- Category Mid-Cap Value
- Investment Style Mid Value
- Min. Initial Investment —
- Status Open
- TTM Yield 1.98%
- Turnover 70%
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:23 PM GMT+0
Morningstar’s Analysis PMVFX
Will PMVFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Nucor Corp | 1.18 | 2.2 Mil | Basic Materials |
D.R. Horton Inc | 1.14 | 2.1 Mil | Consumer Cyclical |
Bank of New York Mellon Corp | 1.11 | 2.1 Mil | Financial Services |
Phillips 66 | 1.09 | 2.0 Mil | Energy |
Lennar Corp Class A | 1.08 | 2.0 Mil | Consumer Cyclical |
Fidelity National Information Services Inc | 1.06 | 2.0 Mil | Technology |
The Kroger Co | 0.97 | 1.8 Mil | Consumer Defensive |
PACCAR Inc | 0.93 | 1.7 Mil | Industrials |
LyondellBasell Industries NV Class A | 0.88 | 1.6 Mil | Basic Materials |
eBay Inc | 0.87 | 1.6 Mil | Consumer Cyclical |