About SPFZX
The PGIM Jennison Focused Growth Fund Class Z is an open-end mutual fund that seeks long-term capital appreciation through a concentrated portfolio of primarily large-cap U.S. growth stocks. Managed by PGIM Investments LLC and co-managed by Jennison Associates LLC, the fund targets market-leading companies believed to exhibit durable competitive advantages and robust growth prospects. With at least 65% of assets typically allocated to equity and equity-related securities, the fund focuses on firms with strong potential for above-market growth, often resulting in significant allocations to sectors like technology, communication services, and consumer discretionary. Notable holdings commonly include leading names such as Microsoft, NVIDIA, Amazon, Meta Platforms, and Apple, collectively representing a substantial portion of the fund’s assets. The fund also participates selectively in initial public offerings (IPOs) and may invest in foreign equities, enhancing potential diversification. As a non-diversified fund, it maintains a relatively concentrated portfolio—its top ten holdings often comprise more than 60% of total assets, amplifying the impact of individual company performance. The fund’s strategy is benchmarked against prominent indices such as the Russell 1000 Growth Index and the S&P 500, reflecting its central role in the large-cap growth space.
Fund Family PGIM
Category Large Growth
Performance Rating Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol SPFZX
Share Class Class Z
Index Russell 1000 Growth TR
SPFZX had a total return of 3.15% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.92%.
