• PGIM Select Real Estate Fund

PGIM Funds (Prudential)

  • Global
  • Real Estate

PGIM Select Real Estate Fund

SRECX

Summary

The fund seeks capital appreciation and income by investing in companies outside the United States.

The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team focuses on securities of real estate companies, principally real estate investment trusts, and other real estate securities.

The team employs a value-oriented approach that focuses on real estate fundamentals and assessments of management teams.

In addition, the team focuses on valuation relative to a company's underlying real More

Price

Last Close

$12.99 ( -0.15 )

52 Week HL

$15.72 - $12.68

Net Assets

$356 M

Expense Ratio

2.05 %

Sector Allocation

Mar 31, 2021

Top 10 Holdings

Mar 31, 2021

Company Name

  • Equity Residential
  • Prologis
  • New Senior
  • National Retail
  • RLJ Lodging

Holding

  • 5.1
  • 3.8
  • 3.6
  • 3.4
  • 3.4

Company Name

  • Essex Property
  • Wharf Real
  • Japan Hotel
  • Welltower
  • Life Storage
  • Total

Holding

  • 3.0
  • 3.0
  • 2.9
  • 2.9
  • 2.8
  • 33.9%

Manager

Name

Rick J. Romano

Leadership

Single Manager

Tenure

2003

Advisor

PGIM Real Estate

Documents

Prospectus

Fact Sheet

Q4 2021

Q3 2021

Q2 2021

Annual Reports

Website

Link

Performance

YTD

-14.2 %

3 Year

12.12%

5 Year

39.75%

Best

26.14%
2019

Worst

-14.17%
2022

Returns +
Quarterly

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Q1 -2.6% 5.1% -20.7% 18% -4.8% 0.6% 2% 3.7% - - -
Q2 -11.9% 9.3% 14.7% 3% 5% 3.2% 2.7% -5.9% -100% - -
Q3 - 6.1% 4.3% 5.3% 2.4% 2.4% 0.8% -0.7% -3.2% - -
Q4 - 4.9% 7% -1.8% -4.8% 3.5% -2.5% 4.3% 8.1% - -

Returns +
Monthly

J F M A M J J A S O N D
2022 -7.3% 0.1% 5% 0.8% -12.6% - - - - - - -
2021 -1.6% 5.9% 0.8% 4.9% 1.7% 2.4% 2.6% 2% 1.4% 0.1% -2.4% 2.3%

+
Annual

    2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
    0%29%16%29%-6%19%8%-1%14%29%0%

Alpha

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
SRECX -14%22%1%26%-5%10%3%1%---
S&P 500 -29%16%29%-6%19%8%-1%14%29%-
Alpha -14%-7%-14%-2%1%-9%-5%2%---

SRECX S&P 500

Chart +