Skip to Content
Morningstar

PGIM Jennison MLP A PRPAX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 7.54  /  +0.40 %
  • Total Assets 542.0 Mil
  • Adj. Expense Ratio
    3.570%
  • Expense Ratio 3.570%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Energy Limited Partnership
  • Investment Style Mid Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.75%
  • Turnover 40%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis PRPAX

Will PRPAX 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 PRPAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRPAX 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 PRPAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

PGIM Jennison MLP A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PRPAX

More PRPAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 77.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Energy Transfer LP

11.54 71.0 Mil
Energy

Western Midstream Partners LP

10.45 64.3 Mil
Energy

MPLX LP Partnership Units

9.44 58.1 Mil
Energy

Enterprise Products Partners LP

9.33 57.4 Mil
Energy

Targa Resources Corp

8.99 55.3 Mil
Energy

Plains GP Holdings LP Class A

8.24 50.7 Mil
Energy

ONEOK Inc

6.43 39.6 Mil
Energy

Cheniere Energy Inc

5.35 33.0 Mil
Energy

Williams Companies Inc

4.61 28.4 Mil
Energy

EnLink Midstream LLC

3.08 18.9 Mil
Energy