PGIM Jennison Financial Services Fund (PFSQX)
| Fund Assets | 175.50M |
| Expense Ratio | 1.00% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 1.78 |
| Dividend Yield | 6.68% |
| Dividend Growth | 45.20% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 26.67 |
| YTD Return | 10.75% |
| 1-Year Return | 26.65% |
| 5-Year Return | 146.09% |
| 52-Week Low | 20.83 |
| 52-Week High | 27.54 |
| Beta (5Y) | n/a |
| Holdings | 39 |
| Inception Date | Jan 26, 2018 |
About PFSQX
PGIM Jennison Financial Services Fund R6 is a mutual fund designed to deliver long-term capital appreciation by investing primarily in companies within the financial services sector. The fund allocates at least 80% of its assets to equity and related securities of businesses involved in banking, mortgage finance, diversified financial services, consumer finance, and capital markets. Its portfolio is concentrated in leading financial institutions, featuring prominent holdings in entities such as JPMorgan Chase, Visa, and Goldman Sachs. This approach seeks to capture the growth and innovation present within finance, insurance, and payment systems industries. The fund is managed with a focus on sector expertise and aims to outperform industry peers, as reflected by its above-average performance rating and consistent risk management. With an expense ratio of 1.00% and no minimum investment requirement for this share class, the fund is accessible to a broad base of institutional and individual investors. Its role in the market is to offer targeted exposure to financial services, enabling investors to participate in the sector's evolving landscape and to potentially benefit from robust dividend distributions and capital gains.
Performance
PFSQX had a total return of 26.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.60%.
Top 10 Holdings
56.96% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 11.04% |
| Visa Inc. | V | 7.82% |
| KKR & Co. Inc. | KKR | 7.04% |
| Mastercard Incorporated | MA | 5.97% |
| The Goldman Sachs Group, Inc. | GS | 5.58% |
| Bank of America Corporation | BAC | 4.83% |
| LPL Financial Holdings Inc. | LPLA | 4.19% |
| MetLife, Inc. | MET | 3.76% |
| The PNC Financial Services Group, Inc. | PNC | 3.41% |
| Apollo Global Management, Inc. | APO | 3.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $1.77604 | Dec 20, 2024 |
| Dec 20, 2023 | $1.22317 | Dec 20, 2023 |
| Dec 20, 2022 | $0.51188 | Dec 20, 2022 |
| Dec 20, 2021 | $2.02662 | Dec 20, 2021 |
| Dec 18, 2020 | $0.12435 | Dec 18, 2020 |
| Dec 20, 2019 | $0.13673 | Dec 20, 2019 |