What does PGIM Jennison MLP Fund Class Z do?

PGIM Jennison MLP Fund Class Z (PRPZX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is PRPZX's market cap?

PGIM Jennison MLP Fund Class Z (PRPZX) has a market capitalization of approximately $563.8 million, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does PRPZX pay a dividend?

Yes — PGIM Jennison MLP Fund Class Z (PRPZX) pays a dividend quarterly, with a trailing-twelve-month yield of 8.64%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

PRPZX

PGIM Jennison MLP Fund Class Z

NASDAQ·Asset Management · Financial Services

$7.42$0.08+1.09%

Market cap$563.76M·Jul 23 12:07 PM UTC

Price Chart

$7.42+$0.08 (+1.09%)today

+26.84%CAGR +4.87%

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FromTo

Dec 19, 2013Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)3.10%

Annual Dividend (FWD)$0.23

Dividend Growth (5Y)—

Dividend Safety—

Payout Ratio177.5%

FCF Payout Ratio—

Most Recent Dividend$0.057

Ex-Dividend DateJun 30

Payment DateJun 30

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

Income Statement Flow

PRO

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About PGIM Jennison MLP Fund Class Z

The fund's primary objective is to achieve a comprehensive total return, derived from both current income generation and capital appreciation. It typically commits a minimum of 80% of its capital available for investment—referred to as "investable assets"—to master limited partnerships (MLPs) and related securities. "Investable assets" specifically include the fund's net holdings along with any borrowings used for investment purposes. However, if the fund borrows capital for non-investment reasons, such as managing anticipated redemptions, these investable assets would be less than its total asset base. This fund operates as a non-diversified investment vehicle.

Sector: Financial Services
Industry: Asset Management
Exchange: NASDAQ
Website: www.pgim.com/us/en/individual/investment-capabilities/products/mutual-funds/pgim-jennison-energy-infrastructure-fund

Peers

Peers Tab

STLAX

BlackRock LifePath Retirement Portfolio Institutional

Cap

$478.2M

HNMDX

Heartland Mid Cap Value Fund Institutional Class

Cap

$495.0M

HRMDX

Heartland Mid Cap Value Investor

Cap

$496.0M

Latest News

News Tab

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Frequently Asked Questions About PRPZX

What does PGIM Jennison MLP Fund Class Z do?: PGIM Jennison MLP Fund Class Z (PRPZX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is PRPZX's market cap?: PGIM Jennison MLP Fund Class Z (PRPZX) has a market capitalization of approximately $563.8 million, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does PRPZX pay a dividend?: Yes — PGIM Jennison MLP Fund Class Z (PRPZX) pays a dividend quarterly, with a trailing-twelve-month yield of 8.64%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.