Prudential Global Real Estate Fund Class A (PURAX)

23.36
Net Asset Value
-0.68%
1 Day
+6.42%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
5.5
Sales Expenses
1.26%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation and income. The fund normally invests at least 80% of its investable 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.

Performance

1 month-5.54% 3 years+14.11%
3 months-4.38% 5 years+10.73%
1 year+5.81% Since inception+9.43%
Data through --

Peer Comparisonvs. Global real estate

 PURAXCategory
Performance 5-yr return+10.73%+15.27%
Expense ratio1.26%1.42%
Risk 5 year sharpe ratio0.850.80
Net assets$3.7B$740.9M
Average market cap$8.5B$9.2B
Average P/E18.717.0
Portfolio turnover32%32%

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Fund Management and Purchase Info

Fund familyPrudential Investments
Fund manager & tenureMarc Halle / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

International stock51.38%
U.S. stock46.66%
Cash1.08%
Fixed income0.85%
Other0.03%
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
SPG Simon Property Group Inc4.66%
-- Mitsui Fudosan Co Ltd3.74%
-- Sun Hung Kai Properties Ltd3.65%
-- Mitsubishi Estate Co Ltd2.96%
-- Unibail-Rodamco SE2.17%
BXP Boston Properties Inc2.14%
PSA Public Storage2.01%
VTR Ventas Inc1.87%
HST Host Hotels & Resorts Inc1.72%
GGP General Growth Properties Inc1.62%

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