PGIM Global Real Estate Fund - Class R2 (PUREX)
| Fund Assets | 874.82M |
| Expense Ratio | 1.31% |
| Min. Investment | $0.00 |
| Turnover | 95.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 2.17% |
| Dividend Growth | -0.69% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 18, 2025 |
| Previous Close | 20.36 |
| YTD Return | 6.50% |
| 1-Year Return | 6.68% |
| 5-Year Return | 26.47% |
| 52-Week Low | 17.45 |
| 52-Week High | 21.70 |
| Beta (5Y) | n/a |
| Holdings | 91 |
| Inception Date | Dec 27, 2017 |
About PUREX
PGIM Global Real Estate Fund Class R2 is a mutual fund designed to provide investors with both capital appreciation and income by investing primarily in real estate securities from around the globe. The fund allocates at least 80% of its assets to equity-related securities of real estate companies, predominantly in real estate investment trusts (REITs) and similar instruments. Its portfolio is diversified across domestic and international markets, offering exposure to various segments within the real estate sector. This fund typically holds a broad range of securities—recent data indicates about 85 to 89 holdings—allowing for risk reduction through diversification. It distributes dividends on a quarterly basis and aims to balance the pursuit of income with long-term growth potential. By focusing on publicly traded real estate companies, the fund plays a significant role in providing investors access to the global property market, serving as a specialized vehicle for those seeking diversified real estate exposure beyond traditional equity and fixed-income investments.
Performance
PUREX had a total return of 6.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.94%.
Top 10 Holdings
36.22% of assets| Name | Symbol | Weight |
|---|---|---|
| Equinix, Inc. | EQIX | 6.25% |
| Welltower Inc. | WELL | 6.24% |
| Prologis, Inc. | PLD | 4.23% |
| Simon Property Group, Inc. | SPG | 3.53% |
| Essex Property Trust, Inc. | ESS | 3.18% |
| Iron Mountain Incorporated | IRM | 2.83% |
| Agree Realty Corporation | ADC | 2.75% |
| Mitsui Fudosan Co., Ltd. | 8801 | 2.43% |
| American Healthcare REIT, Inc. | AHR | 2.41% |
| Extra Space Storage Inc. | EXR | 2.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 18, 2025 | $0.12271 | Jul 18, 2025 |
| Apr 17, 2025 | $0.10401 | Apr 17, 2025 |
| Dec 13, 2024 | $0.13329 | Dec 13, 2024 |
| Oct 18, 2024 | $0.08042 | Oct 18, 2024 |
| Jul 19, 2024 | $0.13408 | Jul 19, 2024 |
| Apr 19, 2024 | $0.10447 | Apr 19, 2024 |