PGIM Jennison Utility Fund - Class A (PRUAX)
| Fund Assets | 3.59B |
| Expense Ratio | 0.82% |
| Min. Investment | $1,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 1.69 |
| Dividend Yield | 10.03% |
| Dividend Growth | 10.40% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 20, 2026 |
| Previous Close | 15.97 |
| YTD Return | 6.98% |
| 1-Year Return | 18.16% |
| 5-Year Return | 81.81% |
| 52-Week Low | 14.12 |
| 52-Week High | 17.78 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| Inception Date | Jan 22, 1990 |
About PRUAX
PGIM Jennison Utility Fund Class A is a mutual fund specializing in investments within the utilities sector. It is designed to deliver total return by combining capital appreciation with current income. The fund primarily allocates at least 80% of its investable assets to equity and investment-grade debt securities issued by utility companies, which can include those operating in areas such as electricity, gas, and water services. Managed by PGIM Investments LLC and co-managed by Jennison Associates LLC, the fund invests across companies of varied market capitalizations and emphasizes value-oriented, dividend-paying stocks. For its fixed income allocations, it targets investment-grade corporate and government bonds rated BBB or above by major rating agencies. The fund maintains a concentrated portfolio, with a significant portion of its assets in its top holdings and is benchmarked against the S&P 500 Utilities Index to gauge performance. Established in 1981, it serves investors seeking diversified exposure to the utilities sector while aiming for a risk-managed mix of income generation and growth potential in the broader financial market.
Performance
PRUAX had a total return of 18.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.14%.
Top 10 Holdings
60.29% of assets| Name | Symbol | Weight |
|---|---|---|
| NextEra Energy, Inc. | NEE | 12.66% |
| Constellation Energy Corporation | CEG | 8.02% |
| Entergy Corporation | ETR | 5.66% |
| Sempra | SRE | 5.52% |
| CenterPoint Energy, Inc. | CNP | 5.08% |
| The Southern Company | SO | 5.07% |
| Vistra Corp. | VST | 4.82% |
| PG&E Corporation | PCG | 4.68% |
| Ameren Corporation | AEE | 4.43% |
| Xcel Energy Inc. | XEL | 4.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 20, 2026 | $0.06398 | Mar 20, 2026 |
| Dec 19, 2025 | $1.45827 | Dec 19, 2025 |
| Sep 19, 2025 | $0.06428 | Sep 19, 2025 |
| Jun 20, 2025 | $0.10811 | Jun 20, 2025 |
| Mar 14, 2025 | $0.05439 | Mar 14, 2025 |
| Dec 19, 2024 | $1.35516 | Dec 19, 2024 |