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Morningstar

PGIM Global Real Estate C PURCX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 16.93  /  0.24 %
  • Total Assets 981.4 Mil
  • Adj. Expense Ratio
    2.030%
  • Expense Ratio 2.030%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Global Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.23%
  • Turnover 108%

USD | NAV as of May 31, 2023 | 1-Day Return as of May 31, 2023, 10:19 PM GMT+0

Morningstar’s Analysis PURCX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit PGIM Global Real Estate C to a Morningstar Medalist Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PURCX

More PURCX Holdings
  • Current Portfolio Date Apr 30, 2023
  • Equity Holdings 85
  • Bond Holdings 0
  • Other Holdings 11
  • % Assets in Top 10 Holdings 35.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prologis Inc

7.49
69,978,428
Real Estate

Equinix Inc

4.74
44,333,970
Real Estate

Welltower Inc

4.34
40,552,322
Real Estate

Realty Income Corp

3.50
32,738,760
Real Estate

Equity Residential

3.17
29,598,027
Real Estate

Digital Realty Trust Inc

2.85
26,605,812
Real Estate

Mitsui Fudosan Co Ltd

2.64
24,681,955
Real Estate

Sun Communities Inc

2.17
20,266,553
Real Estate

Ventas Inc

2.16
20,211,368
Real Estate

Sun Hung Kai Properties Ltd

2.15
20,143,762
Real Estate