PGIM Jennison Technology Fund Class A (PGKAX)
| Fund Assets | 36.18M |
| Expense Ratio | 1.10% |
| Min. Investment | $1,000 |
| Turnover | 55.00% |
| Dividend (ttm) | 1.04 |
| Dividend Yield | 3.47% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 27.96 |
| YTD Return | 6.33% |
| 1-Year Return | 14.83% |
| 5-Year Return | 126.44% |
| 52-Week Low | 19.94 |
| 52-Week High | 29.12 |
| Beta (5Y) | 1.25 |
| Holdings | 42 |
| Inception Date | Jun 19, 2018 |
About PGKAX
PGIM Jennison Technology Fund Class A is a mutual fund focused on achieving long-term capital appreciation through investments primarily in the equity securities of technology and technology-related companies. The fund strategically allocates at least 80% of its assets to stocks within the technology sector, targeting areas such as semiconductors, software, hardware, networking, and internet services. Its portfolio is relatively concentrated, with more than half of assets in its top ten holdings, which include prominent leaders like NVIDIA, Broadcom, Microsoft, and Apple. This approach highlights a tilt toward large-cap growth companies with significant influence in global technology markets. In addition to U.S.-based firms, the fund has exposure to select international players, reflecting the global nature of the technology industry. By focusing on innovative companies that drive technological advancement, the fund plays a significant role for investors seeking targeted exposure to the rapidly evolving tech sector within the broader financial market landscape.
Performance
PGKAX had a total return of 14.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.58%.
Top 10 Holdings
56.90% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 14.65% |
| Broadcom Inc. | AVGO | 8.85% |
| Microsoft Corporation | MSFT | 8.15% |
| Apple Inc. | AAPL | 5.86% |
| Netflix, Inc. | NFLX | 4.44% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.36% |
| CrowdStrike Holdings, Inc. | CRWD | 3.05% |
| ServiceNow, Inc. | NOW | 2.88% |
| Amazon.com, Inc. | AMZN | 2.84% |
| Lam Research Corporation | LRCX | 2.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $1.04136 | Dec 20, 2024 |
| Dec 20, 2021 | $1.95857 | Dec 20, 2021 |