Morningstar

PGIM Quant Solutions Mid-Cap Value Fund- Class Z SPVZX

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  • NAV / 1-Day Return $34.78  /  −0.60 %
  • Fund Size $199.6M
  • Adjusted Expense Ratio 0.880%
  • Net Expense Ratio 0.880%
  • Fee Level: Distribution Above Average
  • Share Class Type Institutional
  • Morningstar Category Mid-Cap Value
  • Equity Style Box (Funds) Mid Value
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 1.11%
  • Turnover Ratio 111%
NAV and 1-Day Return as of

Morningstar’s Analysis SPVZX

Will SPVZX outperform in the 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 SPVZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Process changes are showing up.

Principal Jack Shannon

Jack Shannon

Principal

Summary

After long-run performance struggles, PGIM Quant Solutions Mid-Cap Value is settling in after adjusting some aspects of its quantitative investment process. These changes should result in tighter index-relative performance, but the team will still need to prove it can add value over passive options. For now, better alternatives are available for investors seeking mid-cap value exposure.

by Jack Shannon
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Portfolio Holdings SPVZX

More SPVZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
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Industrials

Allstate Corp

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Illumina Inc

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Northern Trust Corp

0.99 2M
Financial Services

Hewlett Packard Enterprise Co

0.97 2M
Technology

NetApp Inc

0.96 2M
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Ameriprise Financial Inc

0.96 2M
Financial Services

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