PGIM Jennison Financial Services R (PSSRX)
| Fund Assets | 175.50M |
| Expense Ratio | 1.65% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 1.64 |
| Dividend Yield | 6.51% |
| Dividend Growth | 46.55% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 25.21 |
| YTD Return | 9.93% |
| 1-Year Return | 25.81% |
| 5-Year Return | 141.63% |
| 52-Week Low | 19.80 |
| 52-Week High | 26.19 |
| Beta (5Y) | n/a |
| Holdings | 39 |
| Inception Date | Feb 3, 2012 |
About PSSRX
PGIM Jennison Financial Services Fund - Class R is a mutual fund focused on generating long-term capital appreciation by investing predominantly in the financial services sector. This fund allocates at least 80% of its investable assets to equity and equity-related securities of domestic and international financial services companies, encompassing areas such as banking, insurance, investment management, and related industries. By concentrating on the financial sector, the fund offers targeted exposure to firms driving innovation and growth within banking, capital markets, and insurance markets. Its investment approach aims to capture opportunities across both developed and emerging financial markets, tracking benchmarks like the S&P Composite 1500 Financials Index to assess performance. Class R shares are designed primarily for retirement plans and may be closed to new investors, serving institutional clients seeking specialized sector exposure. The fund plays a notable role for investors aiming to participate in the evolving global financial landscape through a diversified basket of sector-specific equities.
Performance
PSSRX had a total return of 25.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.59%.
Top 10 Holdings
56.96% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 11.04% |
| Visa Inc. | V | 7.82% |
| KKR & Co. Inc. | KKR | 7.04% |
| Mastercard Incorporated | MA | 5.97% |
| The Goldman Sachs Group, Inc. | GS | 5.58% |
| Bank of America Corporation | BAC | 4.83% |
| LPL Financial Holdings Inc. | LPLA | 4.19% |
| MetLife, Inc. | MET | 3.76% |
| The PNC Financial Services Group, Inc. | PNC | 3.41% |
| Apollo Global Management, Inc. | APO | 3.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $1.64187 | Dec 20, 2024 |
| Dec 20, 2023 | $1.12038 | Dec 20, 2023 |
| Dec 20, 2022 | $0.43983 | Dec 20, 2022 |
| Dec 20, 2021 | $2.13102 | Dec 20, 2021 |
| Dec 18, 2020 | $0.03708 | Dec 18, 2020 |
| Dec 20, 2019 | $0.04145 | Dec 20, 2019 |