PGIM Global Real Estate Fund
Schedule of Investments as of January 31, 2024 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 100.3% | |||||
Common Stocks | |||||
Australia 4.6% | |||||
Goodman Group, REIT | 630,423 | $10,464,502 | |||
NEXTDC Ltd.* | 635,784 | 5,755,853 | |||
Scentre Group, REIT | 11,378,481 | 22,620,959 | |||
Stockland, REIT | 2,964,925 | 8,755,753 | |||
47,597,067 | |||||
Belgium 2.4% | |||||
Shurgard Self Storage Ltd., REIT | 283,553 | 13,151,719 | |||
Warehouses De Pauw CVA, REIT | 401,330 | 11,741,778 | |||
24,893,497 | |||||
Canada 2.6% | |||||
Boardwalk Real Estate Investment Trust, REIT | 77,827 | 4,040,555 | |||
Canadian Apartment Properties REIT, REIT | 111,814 | 3,881,408 | |||
Chartwell Retirement Residences, UTS | 736,411 | 6,567,420 | |||
InterRent Real Estate Investment Trust, REIT | 555,435 | 5,564,885 | |||
Killam Apartment Real Estate Investment Trust, REIT | 489,508 | 6,819,506 | |||
RioCan Real Estate Investment Trust, REIT | 3,052 | 41,520 | |||
26,915,294 | |||||
France 2.0% | |||||
Klepierre SA, REIT | 480,956 | 12,452,281 | |||
Unibail-Rodamco-Westfield, REIT* | 117,978 | 8,447,777 | |||
20,900,058 | |||||
Germany 1.7% | |||||
Vonovia SE | 568,758 | 17,718,154 | |||
Hong Kong 3.1% | |||||
CK Asset Holdings Ltd. | 709,099 | 3,199,698 | |||
Link REIT, REIT | 1,518,867 | 7,618,160 | |||
Sun Hung Kai Properties Ltd. | 1,425,874 | 13,308,243 | |||
Swire Properties Ltd. | 268 | 501 | |||
Wharf Real Estate Investment Co. Ltd. | 2,434,823 | 7,133,627 | |||
31,260,229 | |||||
Japan 9.8% | |||||
GLP J-REIT, REIT | 6,957 | 6,211,446 |
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PGIM Global Real Estate Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Japan (cont’d.) | |||||
Hoshino Resorts REIT, Inc., REIT | 1,269 | $4,428,818 | |||
Invincible Investment Corp., REIT | 15,060 | 6,191,184 | |||
Japan Hotel REIT Investment Corp., REIT | 16,592 | 8,526,604 | |||
Mitsubishi Estate Co. Ltd. | 556,523 | 7,711,138 | |||
Mitsui Fudosan Co. Ltd. | 1,026,230 | 25,762,248 | |||
Mitsui Fudosan Logistics Park, Inc., REIT | 1,085 | 3,252,754 | |||
Nippon Accommodations Fund, Inc., REIT | 592 | 2,464,575 | |||
Nippon Building Fund, Inc., REIT | 2,007 | 8,120,544 | |||
Nippon Prologis REIT, Inc., REIT | 6,451 | 11,477,637 | |||
Nomura Real Estate Master Fund, Inc., REIT | 6,316 | 6,911,381 | |||
Tokyu Fudosan Holdings Corp. | 1,416,757 | 9,474,671 | |||
100,533,000 | |||||
Singapore 3.3% | |||||
CapitaLand Ascendas REIT, REIT | 5,402,963 | 11,709,459 | |||
CapitaLand Ascott Trust, REIT, UTS | 11,550,266 | 8,234,578 | |||
CapitaLand Investment Ltd. | 3,795,357 | 8,331,905 | |||
Frasers Logistics & Commercial Trust, REIT | 6,409,973 | 5,335,926 | |||
33,611,868 | |||||
Sweden 2.0% | |||||
Castellum AB* | 616,163 | 7,932,412 | |||
Catena AB | 133,584 | 5,695,582 | |||
Sagax AB (Class B Stock) | 271,965 | 6,609,112 | |||
20,237,106 | |||||
United Kingdom 5.4% | |||||
Big Yellow Group PLC, REIT | 439,681 | 6,357,801 | |||
British Land Co. PLC (The), REIT | 1,708,525 | 8,212,400 | |||
Grainger PLC | 3,067,210 | 10,185,855 | |||
Great Portland Estates PLC, REIT | 1,246,214 | 6,557,189 | |||
Tritax Big Box REIT PLC, REIT | 5,712,365 | 11,959,334 | |||
UNITE Group PLC (The), REIT | 920,269 | 11,757,205 | |||
55,029,784 | |||||
United States 63.4% | |||||
Alexandria Real Estate Equities, Inc., REIT | 177,621 | 21,474,379 | |||
American Homes 4 Rent (Class A Stock), REIT | 188,652 | 6,612,253 | |||
Americold Realty Trust, Inc., REIT | 328,318 | 9,028,745 | |||
Apartment Income REIT Corp., REIT | 180,286 | 5,893,549 | |||
Brixmor Property Group, Inc., REIT | 502,673 | 11,279,982 |
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PGIM Global Real Estate Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
United States (cont’d.) | |||||
Broadstone Net Lease, Inc., REIT | 562,754 | $9,043,457 | |||
Camden Property Trust, REIT | 40,787 | 3,827,452 | |||
CareTrust REIT, Inc., REIT | 761,099 | 15,922,191 | |||
Community Healthcare Trust, Inc., REIT | 386,278 | 9,884,854 | |||
Digital Realty Trust, Inc., REIT | 149,819 | 21,043,577 | |||
EPR Properties, REIT | 153,784 | 6,808,018 | |||
Equinix, Inc., REIT | 71,335 | 59,191,643 | |||
Equity Residential, REIT | 374,003 | 22,511,240 | |||
Essential Properties Realty Trust, Inc., REIT(a) | 624,482 | 15,555,847 | |||
Extra Space Storage, Inc., REIT | 55,802 | 8,060,041 | |||
Host Hotels & Resorts, Inc., REIT | 973,040 | 18,701,829 | |||
InvenTrust Properties Corp., REIT | 204,174 | 5,069,640 | |||
Iron Mountain, Inc., REIT(a) | 219,164 | 14,797,953 | |||
Kilroy Realty Corp., REIT | 375,092 | 13,413,290 | |||
Mid-America Apartment Communities, Inc., REIT | 94,140 | 11,897,413 | |||
Prologis, Inc., REIT | 645,335 | 81,757,492 | |||
Public Storage, REIT | 152,414 | 43,162,121 | |||
Realty Income Corp., REIT | 835,528 | 45,444,368 | |||
Regency Centers Corp., REIT | 106,317 | 6,662,886 | |||
Retail Opportunity Investments Corp., REIT | 312,302 | 4,244,184 | |||
Simon Property Group, Inc., REIT | 291,629 | 40,422,696 | |||
SITE Centers Corp., REIT | 773,215 | 10,299,224 | |||
SL Green Realty Corp., REIT | 65,403 | 2,939,865 | |||
STAG Industrial, Inc., REIT | 428,405 | 15,825,281 | |||
Sun Communities, Inc., REIT | 124,484 | 15,604,069 | |||
UDR, Inc., REIT | 418,314 | 15,067,670 | |||
Ventas, Inc., REIT | 107,165 | 4,971,384 | |||
Veris Residential, Inc., REIT | 1,510,330 | 23,032,532 | |||
VICI Properties, Inc., REIT | 412,514 | 12,424,922 | |||
Welltower, Inc., REIT | 459,576 | 39,757,920 | |||
651,633,967 | |||||
Total Long-Term Investments (cost $949,747,001) | 1,030,330,024 |
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PGIM Global Real Estate Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description | Shares | Value | |||
Short-Term Investment 0.6% | |||||
Affiliated Mutual Fund | |||||
PGIM Institutional Money Market Fund (7-day effective yield 5.727%) (cost $6,323,766; includes $6,286,259 of cash collateral for securities on loan)(b)(wb) | 6,326,511 | $6,324,613 | |||
TOTAL INVESTMENTS 100.9% (cost $956,070,767) | 1,036,654,637 | ||||
Liabilities in excess of other assets (0.9)% | (8,744,558) | ||||
Net Assets 100.0% | $1,027,910,079 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
REITs—Real Estate Investment Trust | |
UTS—Unit Trust Security |
* | Non-income producing security. |
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $6,100,985; cash collateral of $6,286,259 (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. |
(b) | Represents security, or portion thereof, purchased with cash collateral received for securities on loan and includes dividend reinvestment. |
(wb) | Represents an investment in a Fund affiliated with the Manager. |
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).
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