Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Prudential Global Real Estate Fund Class A (PURAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Global real estate
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation and income. The fund normally invests at least 80% of its net assets in equity-related securities of real estate companies, principally real estate investment trust (REITs), and other real estate securities. Equity-related securities may also include common stock, convertible securities, nonconvertible preferred stock, American Depositary Receipts (ADRs), warrants and other rights that can be exercised to obtain stock, investments in various types of business ventures and similar securities. It invests at least 40% of its total assets in foreign securities. The fund is non-diversified.


1 month-2.32% 3 years+7.45%
3 months+3.10% 5 years+8.27%
1 year-0.19% Since inception+8.89%
Data through --

Peer Comparisonvs. Global real estate

Performance 5-yr return+8.27%+6.75%
Expense ratio1.27%1.39%
Risk 5 year sharpe ratio0.580.54
Net assets$3.5B$638.9M
Average market cap$7.7B$9.7B
Average P/E16.615.1
Portfolio turnover53%53%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyPrudential Investments
Fund manager & tenureMarc Halle / 8 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


U.S. stock49.45%
International stock48.84%
Fixed income1.37%
Top 5 Sectors
Portfolio weighting
Financial service 95.65%
Industrial materials 3.92%
Consumer service 0.43%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
-- 3.88%
SPG Simon Property Group Inc3.84%
HCN Welltower Inc2.71%
-- 2.57%
AVB AvalonBay Communities2.51%
GGP General Growth Properties Inc2.32%
NYRT New York REIT Inc1.98%
CPT Camden Property Trust1.88%
-- 1.85%
-- 1.83%