
PGIM Jennison Utility Fund Class Z (PRUZX)
PRUZX Price Chart
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PRUZX Fund Profile
Key details and information about PGIM Jennison Utility Fund Class Z (PRUZX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
29 Feb 1996
Country
US
Website
www.prudentialfunds.comDescription
This fund generally commits a minimum of 80% of its investment-ready capital, referred to as "investable assets," to a combination of shares, equity-linked products, and high-quality debt issued by utility companies. Specifically, "investable assets" are defined as the fund's total net worth plus any funds borrowed strictly for investment purposes. Should the fund borrow capital for other operational needs, such as to fulfill anticipated shareholder withdrawal requests, these "investable assets" would then be a smaller amount than its overall total assets. Furthermore, it's structured as a non-diversified portfolio.
PRUZX Fund Performance
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