PGIM US Real Estate Fund Class Z
PJEZX
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
•
in mil. unless spec.- Sector
- Real Estate
- Industry
- Real Estate - General
- Address
- Prudential Investment Portfolio 12 DE United States of America
- IPO Date
- Dec 21, 2010
- CIK
- 0001051562
- Website
- pgim.com
- Similar Companies
- Business
- PGIM US Real Estate Fund Class Z (PJEZX) is an open-end mutual fund that seeks capital appreciation and income by investing at least 80% of its investable assets in equity-related securities of real estate companies operating principally in the United States, including real estate investment trusts (REITs) and other real estate operating companies; it may allocate up to 20% to other securities, such as equity-related securities of foreign real estate companies. The fund emphasizes sectors such as healthcare REITs (20.6%), industrial (14.9%), self-storage (12.4%), free-standing retail properties (10.4%), apartments (10.3%), data centers (11.7%), strip centers (7.0%), and other retail properties (4.8%), with top holdings including Welltower Inc. (13.8%), Prologis Inc. (10.0%), Digital Realty Trust Inc. (5.4%), and Equinix Inc. (5.0%). Launched on December 21, 2010, and managed by PGIM Real Estate—a division of PGIM, Inc., the global asset management arm of Prudential Financial, Inc., headquartered in Newark, New Jersey—the fund targets institutional and retail investors seeking U.S. real estate exposure for portfolio diversification. PGIM Real Estate, with professionals across 32 cities worldwide, oversees the fund as part of its broader real estate equity and debt strategies, drawing on over 50 years of experience managing public and private real estate assets. Recent developments include PGIM Real Estate's completion of $346.9 million in property acquisitions in Minnesota, New Jersey, and Washington in June 2025 for its PGIM Private Real Estate Fund; a strategic partnership announced in December 2025 with Lincoln Property Company to expand core-plus multifamily investments; and notable portfolio impacts from Q3 2025 events such as the acquisition of office REIT Paramount Group by Rithm Capital at a premium. The fund's parent PGIM Real Estate merged its debt and equity businesses in 2020 to enhance integrated real estate solutions, while maintaining a focus on U.S. markets amid recovering real estate conditions.