Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | PRUZX Insights | PRUZX Score | PRUZX Performance | PRUZX News | PRUZX Allocation | PRUZX Holdings Change

Prudential Jennison Utility Z (PRUZX) Fund Ranking and Research

Ranking, Research and Recommendation of Prudential Jennison Utility Z (PRUZX) Fund

    Last Trade: $14.74 on 8/23/2017, Change: +0.06 (0.41%)

 

Graph of Prudential Jennison Utility Z Fund (PRUZX) ManagerFund Manager - Ubong (Bobby) Edemeka

Fund Manager Information

Fund Manager Tenure: 12.4 years
Similar Funds: PRUAX  PRUTX 
Fund Family: Prudential Investments
Fund Category: Utilities
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.74)     (What does this score mean?)
Edemeka, a managing director of Jennison, joined the company in March 2002. He began his career as an equity analyst at Prudential Investments in the Equity Mutual Funds Group in 1997. In 2000, Edemeka was with SSB Citi Asset Management Group in the Global Utilities Team before joining Goldman Sachs & Co.  Get more insights on Ubong (Bobby) Edemeka

 

Graph of Prudential Jennison Utility Z Fund (PRUZX) ProfilePrudential Jennison Utility Z Fund (PRUZX) Profile

Fund Profile and Description

Prudential Jennison Utility Z Fund seeks total return through a combination of capital appreciation and current income. Prudential Jennison Utility Z Fund normally invests at least 80% of investable assets in equity and equity-related and investment-grade debt securities of utility companies. Utility companies include electric utilities, gas utilities, water utilities, multi-utilities, independent power producers, diversified telecommunication services, wireless telecommunication services, transportation infrastructure, energy equipment and services and oil, gas and consumable fuels. It is non-diversified.

 

Prudential Jennison Utility Z (PRUZX) Fund Strength What we like about Prudential Jennison Utility Z (PRUZX) Fund

Data for Prudential Jennison Utility Z Fund (PRUZX) as of May 30, 2016

  • Prudential Jennison Utility Z Fund (PRUZX) management has been with Prudential Jennison Utility Z Fund for 12.4 years
  • Prudential Jennison Utility Z Fund (PRUZX) has good mid-term performance (3-year return 10.92% vs 9.41% Utilities category median performance)
  • Prudential Jennison Utility Z Fund (PRUZX) has good Long-term performance (5-year return 11.08% vs 9.73% Utilities category median performance)
  • Prudential Jennison Utility Z Fund (PRUZX) ratio of up-years vs down years is greater than 2
  • Asset base in Prudential Jennison Utility Z Fund (PRUZX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Prudential Jennison Utility Z Fund (PRUZX) has an annual stock turnover rate of 51.00% vs Utilities average of 60.66%. It is good that Prudential Jennison Utility Z management does not trade extensively for its return.
  • Prudential Jennison Utility Z Fund (PRUZX) is less volatile than its peers as it has a 3-year Standard Deviation of 11.69, lower than category average of 12.25
  • Prudential Jennison Utility Z Fund (PRUZX) has a lower expense ratio than its Utilities average: 0.54% vs 1.15%
  • Prudential Jennison Utility Z Fund (PRUZX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Prudential Jennison Utility Z Fund (PRUZX) Weakness What we are cautious about Prudential Jennison Utility Z (PRUZX) Fund

Data for Prudential Jennison Utility Z Fund (PRUZX) as of May 30, 2016

  • Prudential Jennison Utility Z Fund (PRUZX) has a less-than-ideal short-term performance (1-year return -2.16% vs 4.07% Utilities category median performance)
  • Prudential Jennison Utility Z Fund (PRUZX) has a Morningstar rating of 3 and below
  • As a Utilities focused fund, Prudential Jennison Utility Z Fund (PRUZX) is less diversified and has inherited sector risks associated with the fund
See Prudential Jennison Utility Z Fund (PRUZX) performance details as of May 30, 2016

 

What do you think?

 

Compare Prudential Jennison Utility Z Fund (PRUZX)Compare with other top Utilities category mutual funds

Aadditional top Utilities mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Prudential Jennison Utility Z13.63-2.1610.9211.08
American Century Utilities Inv (BULIX)14.6911.4410.699.95Compare
Fidelity Advisor Utilities I (FUGIX)13.914.4110.6410.51Compare
Franklin Utilities A (FKUTX)15.1410.9211.5211.69Compare

See top fund managers for Utilities Category Funds

 

Compare Prudential Jennison Utility Z Fund (PRUZX)Compare with Utilities category ETFs

Some Utilities ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares Global Utilities (JXI)8.54%3.46%7.30%
PowerShares S&P SmallCap Utilities ETF (PSCU)10.37%21.71%14.35%
PowerShares DWA Utilities Momentum ETF (PUI)15.57%19.31%13.40%
Guggenheim S&P 500 Eq Wt Utilities ETF (RYU)14.95%15.26%13.63%
Vanguard Utilities ETF (VPU)14.85%14.83%13.14%

 

Graph of Prudential Jennison Utility Z Fund (PRUZX) Net Asset TrackingPrudential Jennison Utility Z (PRUZX) Fund Net Asset

Track net asset change of Prudential Jennison Utility Z fund (PRUZX)

DateNet Asset
05/2016$3.29B
03/2016$3.25B
02/2016$3.01B
More historic net asset information on Prudential Jennison Utility Z Fund (PRUZX)

  

Graph of Prudential Jennison Utility Z Fund (PRUZX) Portfolio TrackingPrudential Jennison Utility Z (PRUZX) Fund Portfolio Allocation

Track portfolio allocation change of Prudential Jennison Utility Z fund (PRUZX)

DateCashStockBondOther
04/20161.83%97.14%0%1.03%
03/20161.49%97.54%0%0.97%
01/20162.07%96.82%0%1.11%
Click here to see more historic asset allocation information on Prudential Jennison Utility Z Fund (PRUZX)

 

graph of Prudential Jennison Utility Z Fund (PRUZX) Top 10 Position TrackingTop 10 Holdings in Prudential Jennison Utility Z (PRUZX) Fund

Discover what Prudential Jennison Utility Z Fund (PRUZX) manager is buying

Apr 29, 2016
NextEra Energy, Inc. Common Sto [4.68%]
DTE Energy Company Common Stock [4.21%]
Pacific Gas & Electric Co. Comm [4.2%]
American Electric Power Company [3.8%]
Sempra Energy Common Stock [3.53%]
CMS Energy Corporation Common S [3.49%]
NiSource Inc Common Stock [3.19%]
Xcel Energy Inc. Common Stock [3.09%]
Exelon Corporation Common Stock [3.08%]
Edison International Common Sto [3.03%]

Mar 30, 2016
NextEra Energy, Inc. Common Sto [4.68%]
Pacific Gas & Electric Co. Comm [4.29%]
Sempra Energy Common Stock [4.02%]
American Electric Power Company [3.95%]
DTE Energy Company Common Stock [3.84%]
NiSource Inc Common Stock [3.69%]
CMS Energy Corporation Common S [3.62%]
Ameren Corporation Common Stock [3.6%]
Xcel Energy Inc. Common Stock [3.22%]
Edison International Common Sto [3.07%]

Jan 30, 2016
NextEra Energy, Inc. Common Sto [4.81%]
Pacific Gas & Electric Co. Comm [4.29%]
Sempra Energy Common Stock [3.98%]
American Electric Power Company [3.95%]
DTE Energy Company Common Stock [3.91%]
CMS Energy Corporation Common S [3.61%]
NiSource Inc Common Stock [3.57%]
Ameren Corporation Common Stock [3.51%]
Xcel Energy Inc. Common Stock [3.2%]
Dominion Resources, Inc. Common [3.15%]
Click here for Stock Holding Change Map in Prudential Jennison Utility Z Fund (PRUZX)

  

Latest News on Prudential Jennison Utility Z (PRUZX) Fund

See what is happening with Prudential Jennison Utility Z Fund (PRUZX)

    No recent news

 

Prudential Jennison Utility Z Fund (PRUZX) Related ResourcesSee more information on Prudential Jennison Utility Z (PRUZX) Fund

Popular pages on Prudential Jennison Utility Z (PRUZX) Fund

  

Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update