PGIM Select Real Estate Fund Class Z
SREZX
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
- Newark, New Jersey 07102 DE United States of America
- IPO Date
- Aug 4, 2014
- CIK
- 0001070287
- Website
- pgim.com
- Similar Companies
- Business
- PGIM Select Real Estate Fund Class Z (SREZX) is an open-end mutual fund that seeks capital appreciation and income through investments primarily in equity and equity-related securities of real estate companies, principally real estate investment trusts (REITs) and other real estate operating companies; it normally invests at least 80% of its investable assets in such securities, focusing on approximately 30 to 50 holdings where portfolio managers hold high conviction for growth and income potential. The fund emphasizes diversified exposure across real estate sectors including diversified properties, industrial, storage, healthcare, apartments, data centers, office space, retail, free-standing properties and strip centers; top holdings as of recent data include Welltower Inc. (7.8%), Iron Mountain Inc. (4.9%), Simon Property Group Inc. (4.2%), First Industrial Realty Trust Inc. (3.8%) and Digital Realty Trust Inc. (3.8%), with geographic allocations led by the United States (63.2%), Japan (8.8%), Australia (7.6%) and others in developed Asia, Eurozone and the United Kingdom. Launched on August 1, 2014, and domiciled in the United States with total net assets of approximately $217 million (share class size $193.54 million), it features a net expense ratio of 1.06% and is managed by a team including Rick Romano (Managing Director and Head of Global Real Estate Securities), Michael Gallagher, Daniel Cooney and Alvin Chan. PGIM Real Estate, the fund's advisor with roots in real estate asset management since 1970, provides scale through over 300 global investment professionals accessing public and private real estate opportunities worldwide. Recent developments include PGIM Real Estate closing $346.9 million in acquisitions through dedicated funds in 2025 and completing its first acquisition for a UK Affordable Housing strategy, alongside appointing a new Head of Agriculture, reflecting ongoing strategic expansions in core real estate segments.