PGIM Quant Solutions Stock Index Fund
PDSIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Prudential Investment Portfolios 8 DE United States of America
- IPO Date
- Jul 31, 1997
- CIK
- 0000887991
- Website
- pgim.com
- Similar Companies
- Business
- PGIM Quant Solutions Large-Cap Index Fund (PDSIX) is an open-end mutual fund that seeks to mirror the price and yield performance of the S&P 500 Index through full replication by investing at least 80% of its assets in the securities comprising the index, including large-cap U.S. stocks across sectors such as information technology, financials, communication services, consumer discretionary, and healthcare; it offers multiple share classes including Class I (PDSIX, net expense ratio 0.19%), Class A, Class C, Class R6, and Class Z, with total net assets of approximately $922 million as of recent data. The fund employs a passive management strategy, maintaining a portfolio turnover ratio of around 15%, beta of 1.00, and holdings weighted similarly to the benchmark, featuring top positions in NVIDIA Corp, Apple Inc, Microsoft Corp, Amazon.com Inc, and Broadcom Inc. PGIM Quantitative Solutions, the fund's quantitative equity specialist and sub-adviser within PGIM Investments LLC—a Prudential Financial, Inc. affiliate—manages the fund from its headquarters at 655 Broad Street, Newark, New Jersey; the Quantitative Solutions unit, founded in 1975, oversees $111 billion in assets and operates globally with offices including San Francisco. The fund targets institutional and retail investors seeking core large-blend equity exposure domiciled in the United States, with daily pricing and no front-end or deferred loads for Class I shares; it launched on August 1, 1997, under PGIM management. Portfolio managers include Edward Lithgow (since 2016) and Stacie Mintz (since 2021), focusing on systematic replication of the S&P 500's blend style across growth and value large-cap stocks. In recent developments, PGIM Quantitative Solutions expanded its investment and distribution teams in April 2025 with key hires including Jeff Young as managing director and head of investment strategy for Multi-Asset and Derek Towle as principal for North American Institutional Sales, enhancing capabilities across quantitative equity, multi-asset, and client servicing amid $1.38 trillion in PGIM assets under management. PGIM, the parent entity, entered a strategic partnership with Partners Group in September 2025 to deliver multi-asset portfolio solutions blending public and private markets, including private equity and infrastructure, targeting individual and institutional investors including defined contribution plans. Additionally, PGIM Quantitative Solutions relocated to PGIM's Newark headquarters in 2023, consolidating its evolution across equity, multi-asset, PGIM Wadhwani, and DC Solutions platforms.