The Fund seeks long-term growth of capital by investing in stocks of large U.S. companies that the Fund's management team considers undervalued.
See quarterly PDF version of this Fund Fact Sheet. |
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| Class | A | B | C | Z | A | B | C | Z | |
| Year-to-Date | N/A | N/A | N/A | N/A | -5.12 | -5.54 | -5.54 | -4.90 | -5.52 |
| 1-Year | -2.33 | -2.44 | 1.56 | 3.66 | 3.36 | 2.56 | 2.56 | 3.66 | 2.11 |
| 3-Year | -12.45 | -12.20 | -11.44 | -10.55 | -10.78 | -11.44 | -11.44 | -10.55 | -10.51 |
| 5-Year | -3.53 | -3.31 | -3.15 | -2.18 | -2.43 | -3.15 | -3.15 | -2.18 | -2.10 |
| 10-Year | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.27 |
| Since Incpt. | -0.31 | -0.46 | -0.46 | 0.55 | 0.29 | -0.46 | -0.46 | 0.55 | 1.26 |
Objective: Seeks to provide long-term growth of capital. There can be no assurance that the Fund's objective will be achieved.
Dividends: Paid annually, if any.
Capital Gains: Paid annually, if any.
The following information is as of 7/31/2010 and is subject to change.
Total Net Assets: $36 million
| Chevrontexaco | 3.3 % |
| AT&T | 3.2 |
| General Electric | 3.2 |
| JPMorgan Chase | 3.0 |
| Pfizer | 2.7 |
| Wells Fargo | 2.3 |
| Merck | 2.2 |
| Verizon Communications | 1.9 |
| Johnson & Johnson | 1.9 |
| Conoco Philips | 1.6 |
| Top Ten (of 159) | 25.3% |
| Financials | 19.4 % |
| Energy | 14.0 |
| Healthcare | 13.4 |
| Industrials | 12.1 |
| Consumer Discretionary | 10.8 |
| Utilities | 8.7 |
| Telecom. Services | 5.7 |
| Consumer Staples | 5.5 |
| Other | 9.8 |
| Cash & Equivalents | 0.6 |
| Oil, Gas & Consumable Fuels | 12.0 % |
| Pharmaceuticals | 8.5 |
| Diversified Telecom. Services | 5.7 |
| Banks | 5.3 |
| Diversified Financials | 5.3 |
| Average Weighted Market Capitalization ($mil) | 63,903.7 |
| Beta (3 Year) | 1.00 |
| P/E Ratio | 12.9 |
| Standard Deviation (3 Year) | 22.46 |
| Turnover Ratio (%) | 12 |
Negative holdings reflect outstanding trades at period end.
All data is unaudited and subject to change.
The Fund may invest in foreign securities, which are subject to currency fluctuation and political uncertainty; short sales, which involve costs and the risk of potentially unlimited losses; and derivative securities, which may carry market, credit, and liquidity risks. These risks may result in greater share price volatility. There is no assurance the Fund's objective will be achieved.
Average weighted market capitalization is the average market capitalization of stocks in a fund, each weighted by its proportion of assets. Beta measures a fund's sensitivity to changes in the overall market relative to its benchmark. The P/E ratio (Source: Morningstar, Inc.) relates the price of a stock to the per-share earnings of the company. P/E is calculated using a harmonic weighted average, which excludes outliers that can easily skew results. Standard deviation depicts how widely returns vary around its average and is used to understand the range of returns most likely for a given fund. A higher standard deviation generally implies greater volatility. Turnover (12-month) is the rate of trading in a portfolio, higher values imply more frequent trading. Beta is benchmarked against the Russell 1000® Value Index which measures the performance of those Russell 1000 companies with lower price-to-book ratios and lower forecasted growth values. The index and Russell are trademarks of the Frank Russell Company. An investment cannot be made directly in an index. Due to data availability, statistics may not be as of the current reporting period.
Source: Prudential Investment Management, Inc. (PIM) and Lipper Inc. PIM is a Prudential Financial company. Source of Sector classification: S&P/MSCI.
The Prudential Strategic Value Fund is co-managed by Margaret Stumpp, Ph.D., John Lieb, CFA, Deborah Woods, and Robert Leung, CFA, each of whom is a member of Quantitative Management Associates (QMA). QMA has been a leader in the application of advanced portfolio management techniques to meet its clients' investments needs since 1975. Quantitative Management Associates, LLC is a wholly owned subsidiary of Prudential Investment Management, Inc., a Prudential Financial company.
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Margaret S. Stumpp, Ph.D. is the chief investment officer of QMA. Ms. Stumpp is responsible for portfolio management and investment strategy for the Fund. She is portfolio manager for QMA's enhanced index equity portfolios for institutional investors and mutual fund clients. She is extensively involved in quantitative research in asset allocation, security selection and portfolio construction for QMA. Previously, Ms. Stumpp was employed by the AT&T Treasury department and by Price Waterhouse as a senior consultant. In both positions, she was responsible for providing expert testimony on economic and financial matters. She has published articles on finance and economics in numerous publications, including The Financial Analysts Journal, The Journal of Portfolio Management, The Journal of Investment Management and Award Papers in Public Utility Economics. Ms. Stumpp earned a BA cum laude with distinction in Economics from Boston University, and holds an MA and a PhD in Economics from Brown University.
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John Leib, CFA, is a vice president and portfolio manager for QMA. He joined the Value Equity team of QMA's predecessor in 1987 as a portfolio manager/analyst. Over time, his role has shifted from overseeing the research efforts toward a dedicated focus on the management of the Value Equity accounts. John previously worked with Berg Fiduciary Consultants, a financial consulting firm, where he assisted pension clients in asset allocation modeling, analysis of investment managers, and special projects. John earned a B.A. in economics and mathematics from Hamilton College and an M.B.A. in finance from New York University.
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Deborah Woods is a vice president and portfolio manager for QMA's Value Equity team. She also directs fundamental quantitative research analysis for the Value Equity products. Debbie joined Prudential Financial in 1973 as an industry analyst. She received a B.A. in history from Wellesley College.
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Robert Leung, CFA, is an investment associate for QMA and a member of the Value Equity team. Robert began with the team as a research assistant. He earned a BA in Economics from Union College and holds the Chartered Financial Analyst (CFA) designation.
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Prudential Strategic Value Fund:
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