PGIM Jennison Utility has an experienced management team that has taken gradual steps to mitigate the risks that come with its wide-ranging approach, but it has not yet proved that it has a clear-cut advantage over its rivals in its current form. All share classes get a Morningstar Analyst Rating of Neutral.
Will PRUAX 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 PRUAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PRUAX 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 PRUAX’s parent organization’s priorities and whether they’re in line with investors’ interests.