PGIM Quant Solutions Commodity Strats Z (PQCZX)
| Fund Assets | 45.46M |
| Expense Ratio | 0.70% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 3.99% |
| Dividend Growth | 7.71% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 6.85 |
| YTD Return | 3.63% |
| 1-Year Return | 9.57% |
| 5-Year Return | n/a |
| 52-Week Low | 6.43 |
| 52-Week High | 7.27 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Dec 14, 2021 |
About PQCZX
PGIM Quant Solutions Commodity Strategies Fund is an open-end mutual fund focusing on a diversified approach to commodity investing. The fund's primary objective is to generate returns that exceed the Bloomberg Commodity Index over time, targeting outperformance across full market cycles. Utilizing a systematic, factor-based investment strategy, the fund primarily gains exposure via highly liquid exchange-traded futures and forward contracts on a broad range of commodities, often held through a dedicated Cayman subsidiary. The fund may also employ options on futures, structured notes linked to commodity indices, and invest in ETFs or ETNs with commodity-linked returns, adhering to applicable tax law requirements. Actively managed, this fund provides investors access to the commodities sector, offering diversification benefits and potential hedging attributes against inflation. PGIM Quant Solutions Commodity Strategies Fund serves as an essential tool for institutional and individual investors seeking broad commodity exposure within a risk-managed, quantitatively driven framework, contributing to portfolio diversification beyond traditional equity and fixed income allocations.
Performance
PQCZX had a total return of 9.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.63%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PQCMX | Class R6 | 0.70% |
Top 10 Holdings
105.87% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bill | B.0 06.17.25 | 44.40% |
| United States Treasury Bill | B.0 07.08.25 | 39.79% |
| (PIPA070) PGIM Core Government Money Market Fund | n/a | 18.71% |
| COMMODITY EXCHANGE, INC. - GOLD 100 OZ | GCM5 | 1.91% |
| THE LONDON METAL EXCHANGE - LME PRI ALUM | LAK25 | 0.31% |
| THE LONDON METAL EXCHANGE - LME NICKEL | LNK5 | 0.18% |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. - SOYBEAN OIL | BON5 | 0.16% |
| ICE FUTURES U.S., INC. - COFFEE 'C' | KCN5 | 0.15% |
| CHICAGO MERCANTILE EXCHANGE INC. - LIVE CATTLE | LCM5 | 0.14% |
| COMMODITY EXCHANGE, INC. - SILVER | SIN5 | 0.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.273 | Dec 13, 2024 |
| Dec 13, 2023 | $0.25345 | Dec 13, 2023 |
| Dec 13, 2022 | $2.3187 | Dec 13, 2022 |