PGIM Jennison Global Equity Income Fund
Schedule of Investments as of July 31, 2021 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 99.1% | |||||
Common Stocks 93.7% | |||||
Australia 2.4% | |||||
APA Group | 1,738,670 | $12,212,675 | |||
Transurban Group | 1,112,139 | 11,719,009 | |||
23,931,684 | |||||
Canada 3.1% | |||||
Enbridge, Inc. | 570,942 | 22,506,354 | |||
Pembina Pipeline Corp. | 258,037 | 8,529,534 | |||
31,035,888 | |||||
France 11.0% | |||||
AXA SA | 1,221,458 | 31,654,042 | |||
Cie Generale des Etablissements Michelin SCA | 133,652 | 21,832,891 | |||
Sanofi | 188,812 | 19,458,483 | |||
TotalEnergies SE, ADR | 549,687 | 23,982,844 | |||
Veolia Environnement SA | 450,758 | 14,812,060 | |||
111,740,320 | |||||
Germany 0.9% | |||||
BASF SE | 112,468 | 8,851,809 | |||
Italy 1.9% | |||||
Enel SpA | 2,120,620 | 19,672,902 | |||
Netherlands 1.0% | |||||
Akzo Nobel NV | 82,991 | 10,268,098 | |||
South Korea 1.1% | |||||
Samsung Electronics Co. Ltd. | 166,329 | 11,380,470 | |||
Spain 3.3% | |||||
Ferrovial SA | 337,806 | 10,017,917 | |||
Iberdrola SA | 1,990,089 | 23,953,634 | |||
�� | 33,971,551 | ||||
Switzerland 3.2% | |||||
Zurich Insurance Group AG | 79,905 | 32,270,633 | |||
Taiwan 3.2% | |||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 280,695 | 32,740,265 |
1
PGIM Jennison Global Equity Income Fund
Schedule of Investments as of July 31, 2021 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
United Kingdom 4.4% | |||||
AstraZeneca PLC, ADR | 276,241 | $15,812,035 | |||
Linde PLC | 95,412 | 29,328,694 | |||
45,140,729 | |||||
United States 58.2% | |||||
AbbVie, Inc. | 267,508 | 31,111,180 | |||
American Campus Communities, Inc., REIT | 609,822 | 30,680,145 | |||
Apple, Inc. | 251,335 | 36,659,723 | |||
Bristol-Myers Squibb Co. | 227,372 | 15,431,738 | |||
Caterpillar, Inc. | 59,106 | 12,220,166 | |||
Corning, Inc. | 269,129 | 11,265,740 | |||
D.R. Horton, Inc. | 166,961 | 15,933,088 | |||
Deere & Co. | 58,842 | 21,276,679 | |||
Dow, Inc.(a) | 212,856 | 13,231,129 | |||
Gateway Energy & Resource Holdings LLC Private Placement, 144A (original cost $2,000,000; purchased 12/14/07)*^(f) | 100,000 | 176,700 | |||
Home Depot, Inc. (The) | 32,572 | 10,689,805 | |||
Johnson Controls International PLC | 290,698 | 20,761,651 | |||
JPMorgan Chase & Co. | 209,868 | 31,853,765 | |||
Lam Research Corp. | 44,000 | 28,046,040 | |||
McDonald’s Corp. | 53,995 | 13,105,127 | |||
MetLife, Inc. | 440,602 | 25,422,735 | |||
Microsoft Corp. | 94,399 | 26,895,219 | |||
PepsiCo, Inc. | 121,986 | 19,145,703 | |||
PNC Financial Services Group, Inc. (The) | 111,640 | 20,364,252 | |||
Procter & Gamble Co. (The) | 62,093 | 8,831,487 | |||
Prologis, Inc., REIT | 277,634 | 35,548,257 | |||
QUALCOMM, Inc. | 216,533 | 32,436,643 | |||
Sempra Energy | 111,945 | 14,625,614 | |||
Texas Instruments, Inc. | 190,027 | 36,222,947 | |||
Truist Financial Corp. | 329,787 | 17,950,306 | |||
Union Pacific Corp. | 128,096 | 28,022,281 | |||
United Parcel Service, Inc. (Class B Stock) | 56,513 | 10,814,328 | |||
Walmart, Inc. | 102,929 | 14,672,529 | |||
Williams Cos., Inc. (The) | 351,617 | 8,808,006 | |||
592,202,983 | |||||
Total Common Stocks (cost $701,735,422) | 953,207,332 |
2
PGIM Jennison Global Equity Income Fund
Schedule of Investments as of July 31, 2021 (unaudited) (continued)
Description | Shares | Value | |||
Preferred Stocks 5.4% | |||||
Canada 2.1% | |||||
GFL Environmental, Inc., CVT, 6.000%, Maturing 03/15/23 | 267,008 | $21,689,060 | |||
United States 3.3% | |||||
American Electric Power Co., Inc., CVT, 6.125%, Maturing 03/15/22(a) | 150,622 | 7,571,768 | |||
Aptiv PLC, Series A, CVT, 5.500%, Maturing 06/15/23 | 97,342 | 18,276,933 | |||
Danaher Corp., Series B, CVT, 5.000%, Maturing 04/15/23(a) | 4,872 | 7,807,916 | |||
33,656,617 | |||||
Total Preferred Stocks (cost $35,634,536) | 55,345,677 | ||||
Total Long-Term Investments (cost $737,369,958) | 1,008,553,009 | ||||
Short-Term Investments 1.0% | |||||
Affiliated Mutual Funds | |||||
PGIM Core Ultra Short Bond Fund(wa) | 1,368,380 | 1,368,380 | |||
PGIM Institutional Money Market Fund (cost $9,133,319; includes $9,132,051 of cash collateral for securities on loan)(b)(wa) | 9,150,634 | 9,145,144 | |||
Total Short-Term Investments (cost $10,501,699) | 10,513,524 | ||||
TOTAL INVESTMENTS 100.1% (cost $747,871,657) | 1,019,066,533 | ||||
Liabilities in excess of other assets (0.1)% | (1,441,849) | ||||
Net Assets 100.0% | $1,017,624,684 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers. | |
ADR—American Depositary Receipt | |
CVT—Convertible Security | |
REITs—Real Estate Investment Trust |
* | Non-income producing security. |
^ | Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $176,700 and 0.0% of net assets. |
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $9,045,787; cash collateral of $9,132,051 (included in liabilities) was received with which the Fund purchased highly liquid short-term investments. In the event of significant appreciation in value of securities on loan on the last business day of the reporting period, the Fund may reflect a collateral value that is less than the market value of the loaned securities and such shortfall is remedied the following business day. |
3
PGIM Jennison Global Equity Income Fund
Schedule of Investments as of July 31, 2021 (unaudited) (continued)
(b) | Represents security, or portion thereof, purchased with cash collateral received for securities on loan and includes dividend reinvestment. |
(f) | Indicates a restricted security that is acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer and is considered restricted as to disposition under federal securities law; the aggregate original cost of such securities is $2,000,000. The aggregate value of $176,700 is 0.0% of net assets. |
(wa) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Ultra Short Bond Fund and PGIM Institutional Money Market Fund, if applicable. |
Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
4