PGIM Quant Solutions Mid-Cap Value Fund Class Z
SPVZX
NASDAQ- -
USD
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- -
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
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
- 655 Broad Street Newark NJ United States of America 7102
- IPO Date
- Nov 28, 2005
- CIK
- 0001035018
- Website
- pgim.com
- Similar Companies
- Business
- PGIM Quant Solutions Mid-Cap Value Fund (SPVZX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in equity and equity-related securities of mid-cap companies considered undervalued by the market, with at least 80% of investable assets allocated to such securities defined by the market capitalization range of the Russell Midcap Index at the time of purchase; the fund emphasizes U.S. equities including up to 25% in real estate investment trusts (REITs), employs a quantitative investment process, and offers multiple share classes such as A (gross/net expense ratio 1.32%/1.13%), C (2.81%/1.95%), R (5.93%/1.45%), R2 (25.08%/1.23%), R4 (2.28%/0.98%), R6 (0.88%/0.73%), and Z (1.00%/0.89%) with varying sales charges and contractual expense reductions through February 28, 2026. The fund maintains a diversified portfolio with an average weighted market capitalization of approximately $22.3 billion, a P/E ratio of 15.2, 97% turnover ratio, and sector allocations including industrials (17.8%), financials (14.9%), information technology (14.3%), and healthcare (12.4%), with top holdings such as Western Digital Corp (1.3%), Bank of New York Mellon Corp (1.3%), and Exelon Corp (1.2%). Managed by PGIM Quantitative Solutions, the quantitative and multi-asset specialist of PGIM founded in 1975 and headquartered in Newark, New Jersey, with additional offices in San Francisco, California, and London, United Kingdom, the fund targets institutional and individual investors seeking mid-cap value exposure and operates within the U.S. mutual fund market. Recent developments include ongoing adjustments to the quantitative investment process following long-run performance challenges, as noted by Morningstar, aimed at improving index-relative consistency while proving value addition over passive alternatives; PGIM Quantitative Solutions marked its 50th anniversary in 2025, underscoring its pioneering role in systematic investing. Broader PGIM initiatives, such as the September 2025 strategic partnership with Partners Group to deliver multi-asset portfolio solutions blending public and private markets, and a December 2025 agreement to acquire MCP to bolster alternatives offerings managing $253 billion, reflect the parent organization's expansion in diversified investment strategies.