PGIM Quant Solutions Stock Index Fund
PSIFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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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
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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
- 655 Broad Street Newark NJ United States of America 7102
- IPO Date
- Nov 5, 1992
- CIK
- 0000887991
- Website
- pgim.com
- Similar Companies
- Business
- PGIM Quant Solutions Large-Cap Index Fund (PSIFX) is a passively managed open-end mutual fund that seeks to provide investment results corresponding to the price and yield performance of the S&P 500 Index by normally investing over 80% of its investable assets in securities included in the index in approximately the same proportions. The fund offers multiple share classes, including Class A (PSIAX), Class C, Class I (PDSIX), Class R6, and Class Z (PSIFX), with net expense ratios ranging from 0.12% for Class R6 to 1.26% for Class C as of the latest prospectus; it maintains a low portfolio turnover ratio of 15% and a beta of 1.00 relative to the benchmark. The portfolio is diversified across large-cap U.S. equities, with top holdings such as NVIDIA Corp (7.2%), Apple Inc (6.9%), and Microsoft Corp (6.1%), and sector allocations led by information technology (33.8%), financials (12.8%), and communication services (10.5%). Managed by PGIM Quantitative Solutions, part of PGIM Investments LLC, a subsidiary of PGIM, Inc., the fund targets long-term investors seeking core exposure to a broad market index comprising over 500 leading U.S. companies across industries; it is domiciled in the United States with total net assets exceeding $900 million as of late 2025. PGIM Quantitative Solutions employs a full replication technique to mirror the S&P 500, holding positions in growth and value stocks of large-cap firms, supplemented by minimal cash equivalents and occasional derivatives like S&P 500 E-mini futures for efficient portfolio management. Launched on November 5, 1992, the fund is headquartered in Newark, New Jersey, through its PGIM affiliates, with portfolio management led by Edward J. Lithgow, CFA (since November 28, 2016), and Stacie L. Mintz, CFA (since February 12, 2021), both key figures in PGIM Quantitative Solutions' Quantitative Equity team. Recent performance highlights include a one-year ranking of #4 among fund families by Barron’s for the period ended December 31, 2024, based on asset-weighted returns, alongside strong YTD returns around 17.57% for Class Z shares amid market highs in December 2025. No major strategic changes, such as acquisitions, partnerships, funding rounds, or product launches, have been reported for the fund or PGIM Quantitative Solutions in the last 1-2 years; it continues stable passive operations aligned with its index-tracking mandate, with ongoing contractual expense waivers extended through January 31, 2027.