PGIM Jennison Emerging Markets Equity Opportunities Fund - Class A (PDEAX)
| Fund Assets | 586.96M |
| Expense Ratio | 1.30% |
| Min. Investment | $1,000 |
| Turnover | 70.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 18.43 |
| YTD Return | 6.62% |
| 1-Year Return | 7.38% |
| 5-Year Return | 15.93% |
| 52-Week Low | 14.27 |
| 52-Week High | 18.59 |
| Beta (5Y) | 0.67 |
| Holdings | 46 |
| Inception Date | Sep 16, 2014 |
About PDEAX
PGIM Jennison Emerging Markets Equity Opportunities Fund Class A is a mutual fund focused on achieving long-term capital growth by investing in a diversified portfolio of equities from rapidly expanding companies across developing economies. The fund primarily targets large growth stocks in sectors such as technology, consumer cyclical, financial services, and consumer defensive, with significant allocations to leading firms like Taiwan Semiconductor Manufacturing, MakeMyTrip, and Nu Holdings. Employing an active, bottom-up stock-picking approach, the fund is managed by the experienced team at Jennison Associates, leveraging in-depth fundamental research to identify innovation-driven companies poised for above-average growth. Its investment strategy is designed to capture transformative trends and dynamic opportunities within emerging markets, making it a notable vehicle for investors seeking exposure to high-growth regions. The fund’s portfolio tends to be concentrated, with a significant portion of assets in its top holdings, reflecting the management team’s high-conviction approach to capital allocation.
Performance
PDEAX had a total return of 7.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.68%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
44.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Limited | TCEHY | 6.38% |
| Embraer S.A. | ERJ | 5.45% |
| Alibaba Group Holding Limited | BABA | 4.98% |
| Xiaomi Corporation | 1810 | 4.71% |
| BYD Co Ltd Class H | BY6.DE | 4.60% |
| Grupo Financiero Galicia S.A. | GGAL | 4.31% |
| Laopu Gold Co., Ltd. | 6181 | 3.65% |
| Kanzhun Limited | BZ | 3.53% |
| XP Inc. | XP | 3.46% |
| Nu Holdings Ltd. | NU | 3.10% |