AAII Mutual Fund Summary Report for PTMAX

Fund Evaluator:

PGIM Quant Solutions Large-Cap Cor Eq A (PTMAX) Follow This Fund
Equity
Global Asset Class
U.S. Equity
Fund Group
Large Blend
Category
$24.810
NAV (as of Sep 01)
$1,000.00
Minimum Initial
0.70% C
Expense Ratio
$1,046 Mil
Assets
Open
Status
0.30%
12b-1 Fee
0.60%
TTM Yield
5.50%
Max Load
123%
Portfolio Turnover

Best Performing in Large Blend Over the Last Year

49.8% PRIMECAP Odyssey Growth (POGRX)
48.6% Vanguard PRIMECAP Core Inv (VPCCX)
45.8% Vanguard PRIMECAP Adm (VPMAX)
45.7% Vanguard PRIMECAP Inv (VPMCX)
42.3% Midas Special Opportunities (MISEX)
Data as of 7/31/2026
0.0% C
1-Mo Return
4.3% C
3-Mo Return
11.5% A
YTD Return
22.4% A
1-Yr Return
19.8% A
3-Yr Return
13.1% A
5-Yr Return
1.00 C
Category Risk Index
1.08
Total Risk Index

Fund Details

Fund Family
PGIM

Inception Date
3/3/1999

Share Class Type
A

Equity Investment Style
Large-Cap Blend

Bond Investment Style
na

Socially Responsible Fund
No

Index Fund
No

Benchmark Index
S&P 500 (TR) (1970): 100%

Additional Fund Details


PGIM Quant Solutions Large-Cap Cor Eq A Overview

PGIM Quant Solutions Large-Cap Cor Eq A (PTMAX) is an actively managed U.S. Equity Large Blend fund. PGIM launched the fund in 1999.

The investment seeks long-term growth of capital. The fund normally invests at least 80% of its investable assets in equity and equity-related securities of large capitalization U.S. companies. The sub-adviser employs a quantitatively driven, bottom-up investment process. The stock selection process utilizes an adaptive model that evaluates stocks differently based on their growth expectations.

About PGIM Quant Solutions Large-Cap Cor Eq A (PTMAX)

There are 3 members of the management team with an average tenure of 11.22 years: Stacie Mintz (2007), Devang Gambhirwala (2016), Stephen Courtney (2021). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. PGIM Quant Solutions Large-Cap Cor Eq A has 196 securities in its portfolio. The top 10 holdings constitute 37.9% 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 Quant Solutions Large-Cap Cor Eq A is part of the Equity global asset class and is within the U.S. Equity fund group. PGIM Quant Solutions Large-Cap Cor Eq A has 1.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.4%. There is 1.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.1% (0.1% domestic bond, 0.0% foreign bond and 0.0% convertible bond). PGIM Quant Solutions Large-Cap Cor Eq A has 1.4% of the portfolio in cash.

Assets Under Management

The fund has $560 million in total assets, which is below the $6 billion average for the Large Blend 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.

PTMAX 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 Quant Solutions Large-Cap Cor Eq A expense ratio is above average compared to funds in the Large Blend category. PGIM Quant Solutions Large-Cap Cor Eq A has an expense ratio of 0.70%, which is 14% 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 Quant Solutions Large-Cap Cor Eq A has a portfolio turnover rate of 123%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.

Recently, in the month of July 2026, PGIM Quant Solutions Large-Cap Cor Eq A returned 0.0%, which earned it a grade of C, as the Large Blend category had an average return of 0.4%. 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 Quant Solutions Large-Cap Cor Eq A has a trailing yield of 0.60%, which is above the 0.56% 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 Quant Solutions Large-Cap Cor Eq A Grades

Year to date, the fund has returned 11.5%, 2.2 percentage points better than the category, which translates into a grade of A. The fund has returned 22.4% over the past year (grade of A), 19.8% over the past three years (grade of A) and 13.1% per year over the past five years (grade of A) and 14.1% per year over the past 10 years (grade of C).

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PTMAX 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
PTMAX Return (NAV) 0.0% 4.3% 22.4% 19.8% 13.1% 14.1%
PTMAX Grade C C A A A C
+/- Category -0.4% 0.2% 4.9% 2.5% 2.0% 0.4%
Large Blend Avg 0.4% 4.1% 17.5% 17.3% 11.1% 13.7%
PTMAX Tax Cost Ratio na na 3.0% 2.4% 2.6% 2.4%

PTMAX Annual NAV Total ReturnsData as of 7/31/26

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
PTMAX Return (NAV) 11.5% 16.5% 25.5% 26.4% -16.8% 29.1% 11.0% 29.3% -7.7% 23.1% 10.8%
PTMAX Grade A C A B B A F D D B C
+/- Category 2.2% 0.7% 3.4% 2.7% 0.4% 2.6% -6.6% -0.5% -1.9% 1.8% 0.7%
Large Blend Avg 9.3% 15.8% 22.1% 23.7% -17.3% 26.5% 17.5% 29.8% -5.9% 21.3% 10.2%
Risk Measures
Standard Deviation: 13.3%
Total Risk Index: 1.08 - Above Average
Category Risk Index: 1.00 - Average
Category Risk Grade: C (60% Rank)
Beta: 1.01
R-Squared: 98%
Leveraged Fund: No
Inverse Fund: No
Portfolio Characteristics
Equity Investment Style: Large-Cap Blend
Bond Investment Style: na
Yield: 0.6%
Dividend Distribution: Annually
Cap Gains Distribution: Annually
Total Assets: $1046 Mil
Fund Total Assets: $ 560 Mil
Share Class Type: A
Portfolio Turnover: 123%

Management Team

Number of Managers: 3
Longest Tenure: 18.6 years
Average Tenure: 11.2 years
Managers (Year): Mintz Stacie (2007), Gambhirwala Devang (2016), Courtney Stephen (2021)

Portfolio Composition (as of 6/30/26)

# of Holdings: 196
% in Top 10 Holdings: 37.9%
Fund is Non-Diversified: No
% in Foreign Issues: 1.0%
 

Portfolio Allocation

Domestic Stock: 97.4%
Foreign Stock: 1.0%
Preferred Stock: 0.0%
Domestic Bond: 0.1%
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: March 3, 1999
Min. Initial Purchase: $1,000
Min. Initial IRA Purchase: $ 0
True No-Load: No
Front Load Maximum: 5.50%
Deferred Charge Maximum: 0.00%
Redemption Charge Maximum: 0.00%
12b-1 Fee: 0.30%

Expenses and Fees

Expense Ratio (%): 0.70% ( Rating : Above Avg )
Category Average Expense Ratio (%): 0.81%
Share Class: PGIM Quant Solutions Large-Cap Cor Eq Z
Min. Subsequent Purchase: $ 100
Min. Subsequent IRA Purchase: $ 0
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