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.
Fund Family PGIM Investments
Category Technology
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PGKAX
Share Class Class A
Index MSCI All Country World Information Technology NR
PGKAX had a total return of 14.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 21.33%.
