PGIM Global Real Estate Z

Frequently Asked Questions About PURZX

What does PURZX invest in?

The fund normally invests at least 80% of its investable assets (net assets plus any borrowings made for investment purposes) in equity-related securities of real estate companies, principally real estate investment trusts ("REITs"), and other real estate securities. Equity-related securities may also include common stock, convertible securities, nonconvertible preferred stock, American Depositary Receipts (ADRs), warrants and other rights that can be exercised to obtain stock, investments in various types of business ventures and similar securities.

What is the expense ratio of PURZX?

PGIM Global Real Estate Z (PURZX) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PURZX?

PGIM Global Real Estate Z (PURZX) manages $2.24B 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 PURZX actively managed or an index fund?

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

When was PURZX launched?

PGIM Global Real Estate Z (PURZX) launched in May 1998 and is managed by the fund issuer.

How has PURZX performed?

PURZX'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.