PGIM Select Real Estate Fund Class Z

Frequently Asked Questions About SREZX

What does SREZX invest in?

The fund seeks to achieve its investment objective by investing primarily in real estate securities. It normally will invest at least 80% of its investable assets in equity and equity-related securities of real estate companies, principally real estate investment trusts (REITs), and other real estate securities. The fund invests in approximately 30-50 securities in which the portfolio managers have a high level of conviction for seeking capital appreciation and/or income. The fund is non-diversified.

What is the expense ratio of SREZX?

PGIM Select Real Estate Fund Class Z (SREZX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SREZX?

PGIM Select Real Estate Fund Class Z (SREZX) manages $241.4M 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 SREZX actively managed or an index fund?

SREZX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SREZX's is 1.05%) in exchange for the discretion to over- or under-weight positions.

When was SREZX launched?

PGIM Select Real Estate Fund Class Z (SREZX) launched in August 2014 and is managed by PGIM.

How has SREZX performed?

SREZX'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.