Fund Evaluator:
PGIM Jennison Focused Value Z (PJGZX)
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Best Performing in Large Value Over the Last Year
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| 33.9% | PGIM Jennison Focused Value Z (PJGZX) |
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Fund Details
PGIM Jennison Focused Value Z Overview
PGIM Jennison Focused Value Z (PJGZX) is an actively managed U.S. Equity Large Value fund. PGIM launched the fund in 1996.
The investment seeks long-term growth of capital. The fund invests, under normal market conditions, at least 80% of its investable assets in equity and equity-related securities. It seeks to achieve its investment objective by investing, under normal circumstances, in companies that are undervalued compared to their perceived worth (value companies).
About PGIM Jennison Focused Value Z (PJGZX)
There are 2 members of the management team with an average tenure of 6.54 years: Joseph Esposito (2019), Warren Koontz (2019). 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 Russell 1000 Value TR USD index with a weighting of 100%. PGIM Jennison Focused Value Z has 37 securities in its portfolio. The top 10 holdings constitute 42.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
PGIM Jennison Focused Value Z is part of the Equity global asset class and is within the U.S. Equity fund group. PGIM Jennison Focused Value Z has 15.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 83.2%. There is 15.3% 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 Focused Value Z has 1.5% of the portfolio in cash.
Assets Under Management
The fund has $106 million in total assets, which is below the $1 billion average for the Large Value 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.
PJGZX 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 Focused Value Z expense ratio is above average compared to funds in the Large Value category. PGIM Jennison Focused Value Z has an expense ratio of 0.75%, which is 19% lower than its category average, making the fund expense ratio grade a C. 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 Focused Value Z has a portfolio turnover rate of 55%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.
Recently, in the month of June 2026, PGIM Jennison Focused Value Z returned 4.3%, which earned it a grade of A, as the Large Value category had an average return of 1.6%. 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 Focused Value Z has a trailing yield of 0.86%, which is below the 1.25% category average. The fund normally distributes its income annually and its capital gains 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 Focused Value Z Grades
Year to date, the fund has returned 19.6%, 8.5 percentage points better than the category, which translates into a grade of A. The fund has returned 33.9% over the past year (grade of A), 24.7% over the past three years (grade of A) and 14.8% per year over the past five years (grade of A) and 12.7% per year over the past 10 years (grade of A).
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PJGZX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PJGZX Return (NAV) | 4.3% | 17.7% | 33.9% | 24.7% | 14.8% | 12.7% |
| PJGZX Grade | A | A | A | A | A | A |
| +/- Category | 2.7% | 7.9% | 13.0% | 8.7% | 4.4% | 1.4% |
| Large Value Avg | 1.6% | 9.8% | 21.0% | 15.9% | 10.4% | 11.3% |
| PJGZX Tax Cost Ratio | na | na | 2.1% | 2.2% | 1.7% | 2.1% |
PJGZX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PJGZX Return (NAV) | 19.6% | 17.6% | 25.3% | 16.8% | -10.8% | 27.7% | 1.2% | 21.0% | -13.5% | 16.3% | 15.5% |
| PJGZX Grade | A | B | A | A | F | B | D | F | F | C | B |
| +/- Category | 8.5% | 2.4% | 11.2% | 5.0% | -4.7% | 1.9% | -2.6% | -4.6% | -5.0% | -0.2% | 1.0% |
| Large Value Avg | 11.1% | 15.2% | 14.1% | 11.8% | -6.1% | 25.8% | 3.8% | 25.6% | -8.5% | 16.4% | 14.5% |
| Risk Measures | |
| Standard Deviation: | 12.4% |
| Total Risk Index: | 1.02 - Average |
| Category Risk Index: | 1.03 - Above Average |
| Category Risk Grade: | D (68% Rank) |
| Beta: | 0.84 |
| R-Squared: | 78% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.9% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $347 Mil |
| Fund Total Assets: | $ 106 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 55% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 6.5 years | |||
| Average Tenure: 6.5 years | |||
| Managers (Year): Esposito Joseph (2019), Koontz Warren (2019) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 37 |
| % in Top 10 Holdings: | 42.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 15.3% |
Portfolio Allocation |
|
| Domestic Stock: | 83.2% |
| Foreign Stock: | 15.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.5% |
Purchase Information
| Fund Family: | PGIM |
| Phone Number: | 800-225-1852 |
| Website: | www.prudentialfunds.com |
| Status: | Open |
| Inception Date: | November 7, 1996 |
| 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 (%): | 0.75% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | PGIM Jennison Focused Value Z |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
