PGIM Jennison Utility Fund Class Z

Frequently Asked Questions About PRUZX

What does PRUZX invest in?

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.

What is the expense ratio of PRUZX?

PGIM Jennison Utility Fund Class Z (PRUZX) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PRUZX?

PGIM Jennison Utility Fund Class Z (PRUZX) manages $3.39B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PRUZX actively managed or an index fund?

PRUZX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PRUZX launched?

PGIM Jennison Utility Fund Class Z (PRUZX) launched in February 1996 and is managed by the fund issuer.

How has PRUZX performed?

PRUZX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.