# PGIM Quant Solutions Mid-Cap Value Fund Class Z (SPVZX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/spvzx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: PGIM · Asset class: Equity - Strategy: Actively Managed · Inception: 2005-11-28 This fund is designed to primarily invest in stocks and other equity-linked instruments issued by mid-sized companies, allocating at least 80% of its deployable assets to such securities. The sub-adviser defines these "mid-cap" entities as firms whose market capitalization aligns with the companies featured in the Russell Midcap Index at the time of their acquisition. While the bulk of the fund's investments will typically target U.S.-based equity and related securities, it also reserves the option to dedicate up to a quarter (25%) of its total assets to Real Estate Investment Trusts (REITs). ## Key Facts | Metric | Value | |---|---| | Price | $35.02 | | Expense Ratio | 0.88% | | AUM (All Share Classes) | $188.0M | | NAV | $35.02 | | Holdings Count | — | | Distribution Yield (TTM) | 1.05% | | Annual Distribution (TTM) | $0.37 /share | | Distribution Frequency | Annual | | 52-Week Range | $26.32 – $35.02 | | Beta | 0.98 | ## Latest Distribution - Amount: $0.3692 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-19 ## Frequently Asked Questions ### What does SPVZX invest in? This fund is designed to primarily invest in stocks and other equity-linked instruments issued by mid-sized companies, allocating at least 80% of its deployable assets to such securities. The sub-adviser defines these "mid-cap" entities as firms whose market capitalization aligns with the companies featured in the Russell Midcap Index at the time of their acquisition. While the bulk of the fund's investments will typically target U.S.-based equity and related securities, it also reserves the option to dedicate up to a quarter (25%) of its total assets to Real Estate Investment Trusts (REITs). ### What is the expense ratio of SPVZX? PGIM Quant Solutions Mid-Cap Value Fund Class Z (SPVZX) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SPVZX? PGIM Quant Solutions Mid-Cap Value Fund Class Z (SPVZX) is one share class of a fund that manages $188.0M across all of its share classes (NCBVX, PMVQX, SDVRX, SPRAX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SPVZX actively managed or an index fund? SPVZX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SPVZX's is 0.88%) in exchange for the discretion to over- or under-weight positions. ### When was SPVZX launched? PGIM Quant Solutions Mid-Cap Value Fund Class Z (SPVZX) launched in November 2005 and is managed by PGIM. ### How has SPVZX performed? SPVZX'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. ### Does SPVZX pay a dividend? PGIM Quant Solutions Mid-Cap Value Fund Class Z (SPVZX) currently distributes little or no income. Trailing-twelve-month yield is 1.05%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SPVZX pay dividends? PGIM Quant Solutions Mid-Cap Value Fund Class Z pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SPVZX's dividend yield? SPVZX's trailing-twelve-month yield is 1.05%, calculated from the sum of dividends over the past year divided by the current price. ### When is SPVZX's next ex-dividend date? The most recently announced ex-dividend date for SPVZX was 2025-12-19. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will SPVZX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.88% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SPVZX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SPVZX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SPVZX cost more than a fund like VOO? SPVZX is actively managed (current expense ratio 0.88%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether SPVZX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SPVZX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SPVZX (0.88%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/spvzx - Distribution history: https://www.dividenddata.com/funds/spvzx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/spvzx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/spvzx/expenses - Peer comparison: https://www.dividenddata.com/funds/spvzx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.