# PGIM Select Real Estate Fund Class Z (SREZX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/srezx 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: 2014-08-04 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. ## Key Facts | Metric | Value | |---|---| | Price | $14.17 | | Expense Ratio | 1.05% | | Assets Under Management | $244.5M | | NAV | $14.17 | | Holdings Count | — | | Distribution Yield (TTM) | 2.26% | | Annual Distribution (TTM) | $0.32 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $13.46 – $15.71 | | Beta | 0.98 | ## Latest Distribution - Amount: $0.0461 /share - Ex-date: 2026-10-16 - Pay date: 2026-10-16 ## Frequently Asked Questions ### 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 $244.5M 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. ### Does SREZX pay a dividend? PGIM Select Real Estate Fund Class Z (SREZX) currently distributes little or no income. Trailing-twelve-month yield is 2.26%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SREZX pay dividends? PGIM Select Real Estate Fund Class Z pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SREZX's dividend yield? SREZX's trailing-twelve-month yield is 2.26%, calculated from the sum of dividends over the past year divided by the current price. ### When is SREZX's next ex-dividend date? The most recently announced ex-dividend date for SREZX was 2026-10-16. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will SREZX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.05% 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 SREZX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SREZX'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 SREZX cost more than a fund like VOO? SREZX is actively managed (current expense ratio 1.05%). 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 SREZX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SREZX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SREZX (1.05%) 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/srezx - Distribution history: https://www.dividenddata.com/funds/srezx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/srezx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/srezx/expenses - Peer comparison: https://www.dividenddata.com/funds/srezx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.