PGIM Jennison Energy Infrastructure Fund-Class A (PRPAX)
| Fund Assets | 509.50M |
| Expense Ratio | 1.46% |
| Min. Investment | $1,000 |
| Turnover | 70.00% |
| Dividend (ttm) | 3.18 |
| Dividend Yield | 50.88% |
| Dividend Growth | 581.56% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | May 16, 2025 |
| Previous Close | 5.90 |
| YTD Return | 3.24% |
| 1-Year Return | 4.35% |
| 5-Year Return | 159.23% |
| 52-Week Low | 5.30 |
| 52-Week High | 9.30 |
| Beta (5Y) | n/a |
| Holdings | 27 |
| Inception Date | Dec 18, 2013 |
About PRPAX
The PGIM Jennison Energy Infrastructure Fund Class A is a mutual fund focused on delivering total return by investing primarily in energy infrastructure companies, including both Master Limited Partnerships (MLPs) and C-Corporations. The fund targets at least 80% of its investable assets in securities issued by U.S. and non-U.S. firms involved in the energy infrastructure sector, such as companies engaged in the storage, transportation, and processing of oil, natural gas, and other energy resources. Its portfolio typically features a concentrated allocation to midstream energy companies, with significant weight in well-known industry players. By emphasizing businesses essential to the functioning of energy supply chains, the fund plays a key role for investors seeking exposure to critical infrastructure underlying global energy markets. With a mid-value investment style, the fund is designed to capture both yield and asset appreciation from a sector integral to economic activity.
Performance
PRPAX had a total return of 4.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.
Top 10 Holdings
59.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Cheniere Energy, Inc. | LNG | 8.18% |
| The Williams Companies, Inc. | WMB | 8.17% |
| MPLX LP | MPLX | 7.85% |
| TC Energy Corporation | TRP | 7.21% |
| Enbridge Inc. | ENB | 5.23% |
| Energy Transfer LP | ET | 5.03% |
| Kinder Morgan, Inc. | KMI | 4.86% |
| Targa Resources Corp. | TRGP | 4.49% |
| Enterprise Products Partners L.P. | EPD | 4.48% |
| Hess Midstream LP | HESM | 4.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 16, 2025 | $0.08071 | May 16, 2025 |
| Feb 14, 2025 | $0.0815 | Feb 14, 2025 |
| Dec 18, 2024 | $2.74829 | Dec 18, 2024 |
| Nov 15, 2024 | $0.12628 | Nov 15, 2024 |
| Aug 16, 2024 | $0.13839 | Aug 16, 2024 |
| May 17, 2024 | $0.14147 | May 17, 2024 |