PGIM Jennison Global Infrastructure Fund Class Z
PGJZX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 655 Broad Street Newark NJ United States of America 07102
- IPO Date
- Sep 25, 2013
- CIK
- 0000741350
- Website
- pgim.com
- Similar Companies
- Business
- PGIM Jennison Global Infrastructure Fund Class Z (PGJZX) is an open-end mutual fund that seeks total return, principally through dividend income and capital appreciation, by investing at least 80% of its investable assets in securities of U.S. and foreign infrastructure-related companies; these include electric, gas, water, and multi-utilities; independent power producers and energy traders; oil and gas storage and transportation; toll roads; airports; ports and shipping operators; railroads; engineering and construction firms; and providers of infrastructure-related services such as data centers and tower companies. The fund maintains significant exposure to utilities (approximately 51%), industrials (29%), and energy (10-11%), with top holdings such as NextEra Energy, Ferrovial SE, Elia Group, and National Grid; geographic allocations emphasize the United States (52%), followed by Spain (11%), the United Kingdom, Canada, Italy, and other developed markets across Europe, Asia-Pacific, and Latin America. Managed by Jennison Associates, the fundamental equity investment arm of PGIM headquartered in Newark, New Jersey, the fund was incepted on September 25, 2013, and features a net expense ratio of 1.17%, a turnover ratio of 80%, and Class Z assets of approximately $39 million as of late 2025. In September 2025, PGIM entered a strategic partnership with Partners Group to deliver multi-asset solutions, enhancing infrastructure and alternatives capabilities amid growing global demand; the fund ranked within Barron's #4 best fund family for the one-year period ended December 31, 2024, reflecting strong asset-weighted performance, while quarterly commentaries through Q3 2025 noted modest advances driven by utilities and transportation holdings despite benchmark underperformance.