- What does TRACX invest in?
- The fund aims to generate substantial capital appreciation. It typically allocates at least 80% of its investable assets to stocks and equity-linked securities of smaller companies. The subadviser considers small-cap companies to be those with market capitalizations within the same range as companies listed in either the Russell 2000 Index or the S&P SmallCap 600 Index. The majority of investments will generally target U.S. equities and related instruments, and up to 25% of the total assets may be invested in Real Estate Investment Trusts (REITs).
- What is the expense ratio of TRACX?
- PGIM QMA Small-Cap Value Fund- Class C (TRACX) charges an expense ratio of 2.76%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is TRACX?
- PGIM QMA Small-Cap Value Fund- Class C (TRACX) manages $430.6M 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 TRACX actively managed or an index fund?
- TRACX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (TRACX's is 2.76%) because there's no security selection cost.
- When was TRACX launched?
- PGIM QMA Small-Cap Value Fund- Class C (TRACX) launched in June 2015 and is managed by the fund issuer.
- How has TRACX performed?
- TRACX'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.
