Prudential Global Real Estate Fund Class A (PURAX)

23.52
Net Asset Value
0.00%
1 Day
-2.57%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
5.5
Sales Expenses
1.45%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation and income. The fund normally invests at least 80% of its investable assets (net assets plus any borrowings made for investment purposes) in the equity-related securities of real estate companies- principally real estate investment trusts (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 is non-diversified.

Performance

1 month+2.93% 3 years+1.64%
3 months+3.40% 5 years+3.47%
1 year+4.44% Since inception+8.09%
Data through --

Peer Comparisonvs. Global real estate

 PURAXCategory
Performance 5-yr return+3.47%+4.54%
Expense ratio1.45%1.32%
Risk 5 year sharpe ratio0.230.32
Net assets$2.4B$733.4M
Average market cap$7.7B$4.9B
Average P/E14.212.1
Portfolio turnover66%66%

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Fund Management and Purchase Info

Fund familyPrudential Funds (PGIM Investments)
Fund manager & tenureMarc Halle / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock51.08%
International stock47.18%
Fixed income1.72%
Cash0.02%
Other0.00%
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
WELL Welltower Inc2.97%
AVB AvalonBay Communities2.75%
-- 2.61%
-- 2.35%
SPG Simon Property Group Inc2.24%
-- 2.10%
-- 2.08%
-- 2.00%
-- 1.98%
EQR Equity Residential1.95%