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 Above 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 5.59% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.88%.
