Fund Evaluator:
PGIM Jennison Technology Z (PGKZX)
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Best Performing in Technology Over the Last Year
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Fund Details
PGIM Jennison Technology Z Overview
PGIM Jennison Technology Z (PGKZX) is an actively managed Sector Equity Technology fund. PGIM launched the fund in 2018.
The investment seeks long-term capital appreciation. The fund normally invests at least 80% of the fund's investable assets in equity and equity-related securities of technology or technology-related companies. The term "investable assets" refers to the fund's net assets plus any borrowings for investment purposes. The fund's investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. It may participate in the initial public offering ("IPO") market. The fund is non-diversified.
About PGIM Jennison Technology Z (PGKZX)
There are 2 members of the management team with an average tenure of 5.15 years: Eric Sartorius (2024), Nicolas Rubinstein (2018). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and MSCI ACWI/Information Technology NR USD index with a weighting of 100%. PGIM Jennison Technology Z has 47 securities in its portfolio. The top 10 holdings constitute 57.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
PGIM Jennison Technology Z is part of the Equity global asset class and is within the Sector Equity fund group. PGIM Jennison Technology Z has 12.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 86.1%. There is 12.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). PGIM Jennison Technology Z has 1.4% of the portfolio in cash.
Assets Under Management
The fund has $26 million in total assets, which is below the $1 billion average for the Technology category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
PGKZX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The PGIM Jennison Technology Z expense ratio is high compared to funds in the Technology category. PGIM Jennison Technology Z has an expense ratio of 0.85%, which is 31% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. PGIM Jennison Technology Z has a portfolio turnover rate of 35%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 78% for the Technology category.
Recently, in the month of July 2026, PGIM Jennison Technology Z returned -5.9%, which earned it a grade of B, as the Technology category had an average return of -8.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
PGIM Jennison Technology Z has a trailing yield of 0.00%, which is below the 0.05% category average. The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
PGIM Jennison Technology Z Grades
Year to date, the fund has returned 15.8%, 5.6 percentage points worse than the category, which translates into a grade of D. The fund has returned 25.2% over the past year (grade of D), 26.6% over the past three years (grade of D) and 14.7% per year over the past five years (grade of B).
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PGKZX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PGKZX Return (NAV) | -5.9% | 7.0% | 25.2% | 26.6% | 14.7% | na |
| PGKZX Grade | B | C | D | D | B | na |
| +/- Category | 2.7% | 0.2% | -9.4% | -0.3% | 2.1% | na |
| Technology Avg | -8.6% | 6.8% | 34.7% | 26.9% | 12.7% | 20.8% |
| PGKZX Tax Cost Ratio | na | na | 1.2% | 0.7% | 0.9% | na |
PGKZX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PGKZX Return (NAV) | 15.8% | 16.8% | 37.6% | 65.8% | -38.6% | 15.4% | 64.0% | 34.0% | na | na | na |
| PGKZX Grade | D | F | A | A | D | C | B | D | na | na | na |
| +/- Category | -5.6% | -7.9% | 9.2% | 16.1% | -0.4% | -1.8% | 7.2% | -7.3% | na | na | na |
| Technology Avg | 21.4% | 24.7% | 28.3% | 49.6% | -38.2% | 17.2% | 56.9% | 41.2% | -3.9% | 37.4% | 10.8% |
| Risk Measures | |
| Standard Deviation: | 23.1% |
| Total Risk Index: | 1.88 - High |
| Category Risk Index: | 0.92 - Below Average |
| Category Risk Grade: | B (31% Rank) |
| Beta: | 1.52 |
| R-Squared: | 69% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $46 Mil |
| Fund Total Assets: | $ 26 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 35% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 8.1 years | |||
| Average Tenure: 5.2 years | |||
| Managers (Year): Rubinstein Nicolas (2018), Sartorius Eric (2024) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 47 |
| % in Top 10 Holdings: | 57.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 12.5% |
Portfolio Allocation |
|
| Domestic Stock: | 86.1% |
| Foreign Stock: | 12.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.4% |
Purchase Information
| Fund Family: | PGIM |
| Phone Number: | 800-225-1852 |
| Website: | www.prudentialfunds.com |
| Status: | Open |
| Inception Date: | June 19, 2018 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.85% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.23% |
| Share Class: | PGIM Jennison Technology R6 |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
