PGIM Quant Solutions Stock Index Fund
PSIAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 655 Broad Street Newark NJ United States of America 7102
- IPO Date
- Nov 18, 1999
- CIK
- 0000887991
- Website
- pgim.com
- Similar Companies
- Business
- PGIM Quant Solutions Large-Cap Index Fund (PSIAX) is an open-end mutual fund that seeks to provide investment results corresponding to the price and yield performance of the S&P 500 Index through a full replication strategy, normally investing over 80% of its assets in the securities comprising the index in approximate proportions. The fund offers multiple share classes, including Class A (PSIAX) with a front-end load of 3.25% and an adjusted expense ratio of 0.52%, Class Z (PSIFX) with a net expense ratio of 0.25%, Class I (PDSIX), Class C, and Class R6; it maintains a low portfolio turnover ratio of 15% and targets large-cap blend U.S. equities across sectors such as information technology (33.8%), financials (12.8%), and communication services (10.5%), with top holdings including NVIDIA Corp (7.2%), Apple Inc (6.9%), and Microsoft Corp (6.1%). PGIM Quant Solutions Large-Cap Index Fund operates within the large blend category, serving individual and institutional investors seeking core equity exposure to the U.S. large-cap market, with total net assets exceeding $897 million across classes and a minimum initial investment of $1,000 for Class A shares. The fund is managed by PGIM Quantitative Solutions LLC, the quantitative investment specialist and subsidiary of PGIM (the $1.38 trillion global investment management arm of Prudential Financial, Inc.), which is headquartered in Newark, New Jersey, with additional locations in San Francisco, California, and London, United Kingdom. Launched on November 5, 1992, the fund benefits from PGIM Quantitative Solutions' 50-year history in systematic investing since its founding in 1975 as a pioneer in quantitative equity and multi-asset strategies. In recent developments, PGIM Quantitative Solutions expanded its investment distribution unit in April 2025 with strategic senior hires, including Jeff Young as managing director and head of investment strategy for the Multi-Asset unit and Derek Towle as principal for North American Institutional Sales, alongside junior roles across Quantitative Equity, Multi-Asset, and Distribution teams to bolster client solutions amid complex global markets. Additionally, as of December 18, 2025, Prudential Financial announced a leadership overhaul placing key units, including PGIM's multi-asset and quantitative solutions under CEO Andrew Sullivan effective February 2, 2026, with Ramanath Tirupattu Waldeck assuming broader oversight after leading the unit since 2021.