Skip to Content

PGIM Quant Solutions Mid-Cap Val A SPRAX

Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 22.08  /  0.59 %
  • Total Assets 183.1 Mil
  • Adj. Expense Ratio
    1.130%
  • Expense Ratio 1.130%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Mid-Cap Value
  • Investment Style Mid Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.93%
  • Turnover 70%

Morningstar’s Analysis SPRAX

Will SPRAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

An abrupt change merits a downgrade.

Senior Analyst Jack Shannon

Jack Shannon

Senior Analyst

Summary

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.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings SPRAX

  • Current Portfolio Date
  • Equity Holdings 268
  • Bond Holdings 0
  • Other Holdings 2
  • % Assets in Top 10 Holdings 10.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
1.20
2,187,081
Basic Materials
1.16
2,121,357
Energy
1.13
2,068,658
Financial Services
1.11
2,029,322
Consumer Cyclical
1.06
1,942,506
Consumer Cyclical
0.92
1,684,110
Consumer Defensive
0.90
1,638,729
Industrials
0.85
1,561,686
Industrials
0.85
1,561,064
Industrials