About PFSAX
PGIM Jennison Financial Services Fund Class A is an equity mutual fund that seeks long-term capital appreciation by investing primarily in the stocks of companies within the financial services sector. The fund typically allocates at least 80% of its assets to equity and equity-related securities of businesses such as banks, insurance firms, investment companies, and other finance-related enterprises. Its portfolio is concentrated around large, well-established institutions, with notable holdings including JPMorgan Chase & Co, Visa, KKR & Co, Mastercard, and MetLife. This focus allows the fund to capture trends and performance within the financial sector, which plays a crucial role in global economic activity. The fund is designed for investors aiming to gain exposure to the financial services industry through a diversified, professionally managed vehicle. It is structured as a front-load share class, requiring a minimum initial investment, and is positioned within the large blend investment style, offering a mix of growth and value stocks within the financial domain.
Fund Family PGIM
Category Financial
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PFSAX
Share Class Class A
Index S&P Composite 1500 Financials TR
PFSAX had a total return of 0.60% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.14%.
