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PGIM Quant Solutions Mid-Cap Index Fund
mutual fund
PQCCX
Payout Change
Pending
Price as of:
$12.15
+0.04
+0.33%
primary theme
U.S. Mid-Cap Blend Equity
share class
PQCCX (Mutual Fund)
PGIM Quant Solutions Mid-Cap Index Fund
Payout Change
Pending
Price as of:
$12.15
+0.04
+0.33%
primary theme
U.S. Mid-Cap Blend Equity
share class
PQCCX (Mutual Fund)
PGIM Quant Solutions Mid-Cap Index Fund
Payout Change
Pending
Price as of:
$12.15
+0.04
+0.33%
primary theme
U.S. Mid-Cap Blend Equity
share class
Name
As of 12/04/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
21.1%
1 yr return
27.7%
3 Yr Avg Return
10.8%
5 Yr Avg Return
11.9%
Net Assets
$15.7 M
Holdings in Top 10
8.3%
52 WEEK LOW AND HIGH
$12.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.71%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 135.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/04/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PQCCX - Profile
Distributions
- YTD Total Return 21.1%
- 3 Yr Annualized Total Return 10.8%
- 5 Yr Annualized Total Return 11.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.73%
- Dividend Yield 5.9%
- Dividend Distribution Frequency None
Fund Details
-
Legal NamePGIM Quant Solutions Mid-Cap Index Fund
-
Fund Family NamePRUDENTIAL
-
Inception DateNov 17, 2016
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStacie Mintz
Fund Description
The Fund intends, under normal circumstances, to invest over 80% of its investable assets in securities included in the S&P MidCap 400 Index (the “Index”) in approximately the same proportions as those of the S&P MidCap 400 Index. The Fund is not sponsored by or affiliated withS&P Global Ratings (“S&P”). The term “investable assets” in this Prospectus refers to the Fund’s net assets plus any borrowings for investment purposes. The Fund’s investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions.As of July 31, 2024, the companies included in the Index have market capitalization ranging from $1.3 billion to $20.8 billion. The principal type of equity and equity-related securities in which the Fund invests is common stock. In addition to common stocks, the Fund may invest in a combination of cash-equivalent instruments and stock index futures, with the amount committed at any time as initial margin on open futures positions not to exceed 5% of the Fund’s total assets, and exchange-traded funds (“ETFs”) which replicate the Index up to a maximum of 5% of the total assets of the Fund at time of purchase.Replication and Sampling Methods. The Fund seeks to replicate the Index to the extent possible, taking into account asset levels, capital flows and trade size, by investing over 80% of its investable assets in the securities that make up the Index, holding each security in approximately the same proportion as its weighting in the Index. Where it may not be possible or practicable to purchase all of the securities of the Index, the subadviser may use a sampling strategy based on market capitalization and industry weightings. The subadviser may also use stock index futures and/or ETFs to achieve the investment objective. The relative portfolio holdings of the Fund at any time may not be precisely identical to the proportions of holdings of the Index.Although the Fund invests over 80% of its investable assets in securities that comprise the Index, the Fund may at times hold securities that are either to be added to or have been removed from the Index. When a security is removed from the Index, the Fund will sell it within a reasonable time. In addition, the Fund's holdings may change for other reasons, such as when the Fund receives securities of companies spun off from companies in the Index.The subadviser will try to minimize the difference between the investment results of the Fund and those of the Index. Tracking of the Index will be monitored regularly. In addition to potential tracking differences, brokerage, transaction costs and other Fund expenses will cause the Fund's return to be lower than the return of the Index.Although index funds, by their nature, tend to be tax-efficient vehicles, the Fund is managed without regard to tax consequences. As an index fund, the Fund is not actively managed by portfolio managers who buy and sell securities based on research and analysis.At times, the Fund may have a significant portionof its assetsinvested in the same economic sector,such as the industrials, financials, and consumer discretionarysectors.
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PQCCX - Performance
Return Ranking - Trailing
| Period | PQCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.1% | -7.5% | 57.9% | 51.14% |
| 1 Yr | 27.7% | 1.5% | 58.0% | 44.00% |
| 3 Yr | 10.8%* | -18.5% | 27.8% | 14.20% |
| 5 Yr | 11.9%* | 0.7% | 26.3% | 42.86% |
| 10 Yr | N/A* | 2.9% | 13.7% | N/A |
* Annualized
Return Ranking - Calendar
| Period | PQCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.5% | -12.9% | 28.8% | 71.95% |
| 2022 | -23.4% | -52.6% | 20.1% | 79.43% |
| 2021 | 0.8% | -43.8% | 32.4% | 91.25% |
| 2020 | 2.3% | -10.6% | 82.1% | 87.31% |
| 2019 | 23.5% | -8.5% | 37.5% | 49.68% |
Total Return Ranking - Trailing
| Period | PQCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.1% | -7.5% | 57.9% | 51.14% |
| 1 Yr | 27.7% | 1.5% | 58.0% | 44.00% |
| 3 Yr | 10.8%* | -18.5% | 27.8% | 14.20% |
| 5 Yr | 11.9%* | 0.7% | 26.3% | 42.86% |
| 10 Yr | N/A* | 2.9% | 13.7% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | PQCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.9% | 1.2% | 31.3% | 18.41% |
| 2022 | -10.6% | -45.7% | 21.1% | 14.86% |
| 2021 | 28.6% | -30.2% | 52.8% | 15.45% |
| 2020 | 3.0% | -8.4% | 84.3% | 95.47% |
| 2019 | 24.7% | 1.0% | 43.4% | 79.17% |
NAV & Total Return History
PQCCX - Holdings
Concentration Analysis
| PQCCX | Category Low | Category High | PQCCX % Rank | |
|---|---|---|---|---|
| Net Assets | 15.7 M | 728 K | 175 B | 94.37% |
| Number of Holdings | 402 | 1 | 2780 | 19.72% |
| Net Assets in Top 10 | 954 K | 402 K | 15.4 B | 99.44% |
| Weighting of Top 10 | 8.27% | 0.5% | 100.0% | 85.03% |
Top 10 Holdings
- iShares Core SP Mid-Cap ETF 2.53%
- Carlisle Cos Inc 0.69%
- Williams-Sonoma Inc 0.68%
- Illumina Inc 0.68%
- Lennox International Inc 0.65%
- Pure Storage Inc 0.64%
- Reliance Inc 0.62%
- EMCOR Group Inc 0.61%
- Avantor Inc 0.60%
- Burlington Stores Inc 0.57%
Asset Allocation
| Weighting | Return Low | Return High | PQCCX % Rank | |
|---|---|---|---|---|
| Stocks | 100.25% | 0.86% | 100.25% | 0.28% |
| Preferred Stocks | 0.00% | 0.00% | 11.12% | 71.27% |
| Other | 0.00% | 0.00% | 51.08% | 77.46% |
| Convertible Bonds | 0.00% | 0.00% | 1.78% | 71.27% |
| Cash | 0.00% | 0.00% | 99.07% | 99.72% |
| Bonds | 0.00% | 0.00% | 72.71% | 72.96% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PQCCX % Rank | |
|---|---|---|---|---|
| Industrials | 16.08% | 0.00% | 45.89% | 52.54% |
| Consumer Cyclical | 14.45% | 2.49% | 46.48% | 30.23% |
| Technology | 14.30% | 0.00% | 40.65% | 68.36% |
| Financial Services | 14.11% | 0.00% | 46.10% | 50.00% |
| Healthcare | 9.89% | 0.00% | 24.06% | 53.95% |
| Real Estate | 9.10% | 0.00% | 25.82% | 34.18% |
| Basic Materials | 8.41% | 0.00% | 16.35% | 9.04% |
| Energy | 6.10% | 0.00% | 58.13% | 38.14% |
| Consumer Defense | 3.89% | 0.00% | 32.18% | 58.76% |
| Utilities | 2.78% | 0.00% | 18.97% | 64.69% |
| Communication Services | 0.91% | 0.00% | 30.98% | 86.16% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PQCCX % Rank | |
|---|---|---|---|---|
| US | 100.25% | 0.86% | 100.25% | 0.28% |
| Non US | 0.00% | 0.00% | 10.11% | 75.21% |
PQCCX - Expenses
Operational Fees
| PQCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.71% | 0.03% | 19.40% | 14.73% |
| Management Fee | 0.25% | 0.00% | 1.50% | 17.56% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
| PQCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| PQCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PQCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 135.00% | 0.00% | 304.00% | 94.94% |
PQCCX - Distributions
Dividend Yield Analysis
| PQCCX | Category Low | Category High | PQCCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.90% | 0.00% | 29.78% | 6.48% |
Dividend Distribution Analysis
| PQCCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| PQCCX | Category Low | Category High | PQCCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.73% | -2.06% | 3.38% | 30.31% |
Capital Gain Distribution Analysis
| PQCCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 08, 2023 | $0.717 | OrdinaryDividend |
| Dec 13, 2022 | $1.554 | CapitalGainLongTerm |
| Dec 13, 2021 | $3.148 | OrdinaryDividend |
| Dec 11, 2020 | $0.083 | OrdinaryDividend |
| Dec 12, 2019 | $0.115 | OrdinaryDividend |
| Dec 12, 2018 | $0.276 | CapitalGainShortTerm |
| Dec 12, 2018 | $0.312 | CapitalGainLongTerm |
| Dec 12, 2018 | $0.096 | OrdinaryDividend |
| Dec 13, 2017 | $0.259 | CapitalGainShortTerm |
| Dec 13, 2017 | $0.003 | CapitalGainLongTerm |
| Dec 13, 2017 | $0.072 | OrdinaryDividend |
PQCCX - Fund Manager Analysis
Managers
Stacie Mintz
Start Date
Tenure
Tenure Rank
Nov 17, 2016
5.54
5.5%
Stacie L. Mintz, CFA, is a Managing Director and Portfolio Manager for QMA working within the Quantitative Equity team. In this capacity, she manages US Core, Long Short and Market Neutral strategies, as well as overseeing the team responsible for implementation. Prior to her current role, Stacie was a member of the Global Multi-Asset Solutions team, where she was responsible for several retail and institutional portfolios. In addition, during that time, she was responsible for managing the overall asset allocation for the Prudential Pension Plan. She earned a BA in Economics from Rutgers University, an MBA in Finance from New York University and holds the Chartered Financial Analyst (CFA) designation.
Devang Gambhirwala
Start Date
Tenure
Tenure Rank
Nov 17, 2016
5.54
5.5%
Devang Gambhirwala is a Principal and Portfolio Manager for QMA working within the Quantitative Equity team. In this capacity, he is responsible for managing US Core, Long Short and Market Neutral strategies. He is also responsible for the management of structured products. Prior to joining QMA, Devang worked as a Quantitative Research Analyst and Assistant Portfolio Manager for PGIM. He earned a BS in Computer and Information Sciences from the New Jersey Institute of Technology and an MBA from Rutgers University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 38.44 | 7.3 | 5.78 |
