PGIM Quant Solutions Commodity Strategies Fund
Consolidated Schedule of Investments (unaudited) as of April 30, 2022
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Short-Term Investments 98.6% | |||||
U.S. Treasury Obligations(n) 85.5% | |||||
U.S. Treasury Bills | 0.068 % | 09/08/22 | 21,230 | $21,150,042 | |
U.S. Treasury Bills | 0.677 | 09/08/22(bb)(k) | 5,770 | 5,748,268 | |
U.S. Treasury Bills | 1.134 | 01/26/23 | 40,500 | 40,016,251 | |
Total U.S. Treasury Obligations (cost $67,139,749) | 66,914,561 |
Shares | |||||
Unaffiliated Fund 13.1% | |||||
Dreyfus Government Cash Management (Institutional Shares)(bb) (cost $10,303,770) | 10,303,770 | 10,303,770 | |||
TOTAL INVESTMENTS 98.6% (cost $77,443,519) | 77,218,331 | ||||
Other assets in excess of liabilities(z) 1.4% | 1,059,556 | ||||
Net Assets 100.0% | $78,277,887 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
LME—London Metal Exchange | |
PRI—Primary Rate Interface | |
RBOB—Reformulated Gasoline Blendstock for Oxygen Blending | |
ULSD—Ultra-Low Sulfur Diesel | |
WTI—West Texas Intermediate |
# | Principal amount is shown in U.S. dollars unless otherwise stated. |
(bb) | Represents security, or a portion thereof, held in the Cayman Subsidiary. |
(k) | Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives. |
(n) | Rate shown is the effective yield at purchase date. |
(z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Consolidated Schedule of Investments: |
Commodity Futures contracts outstanding at April 30, 2022(1): | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value/ Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
52 | Brent Crude | Jul. 2022 | $5,571,280 | $128,102 | ||||
5 | Coffee ’C’ | Jul. 2022 | 416,438 | (7,883) | ||||
19 | Copper | Jul. 2022 | 2,094,038 | (151,390) |
1
PGIM Quant Solutions Commodity Strategies Fund
Consolidated Schedule of Investments (unaudited) (continued)
as of April 30, 2022
Commodity Futures contracts outstanding at April 30, 2022(1) (continued): | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value/ Unrealized Appreciation (Depreciation) | ||||
Long Positions (cont’d): | ||||||||
97 | Corn | Jul. 2022 | $3,945,475 | $283,394 | ||||
23 | Cotton No. 2 | Jul. 2022 | 1,674,745 | 137,650 | ||||
14 | Gasoline RBOB | Jul. 2022 | 1,984,147 | 201,519 | ||||
52 | Gold 100 OZ | Jun. 2022 | 9,940,840 | (156,507) | ||||
26 | Hard Red Winter Wheat | Jul. 2022 | 1,437,475 | 16,095 | ||||
32 | Lean Hogs | Jun. 2022 | 1,361,600 | (150,534) | ||||
31 | Live Cattle | Jun. 2022 | 1,644,860 | (32,334) | ||||
21 | LME Nickel | May 2022 | 4,000,122 | 1,121,567 | ||||
14 | LME Nickel | Jul. 2022 | 2,668,428 | (144,128) | ||||
47 | LME PRI Aluminum | May 2022 | 3,566,713 | (28,397) | ||||
45 | LME PRI Aluminum | Jul. 2022 | 3,431,531 | (365,261) | ||||
27 | LME Zinc | May 2022 | 2,795,344 | 308,351 | ||||
27 | LME Zinc | Jul. 2022 | 2,776,106 | (129,144) | ||||
23 | Low Sulphur Gas Oil | Jul. 2022 | 2,529,425 | 347,555 | ||||
141 | Natural Gas | Jul. 2022 | 10,370,550 | 1,524,143 | ||||
33 | No. 2 Soft Red Winter Wheat | Jul. 2022 | 1,741,988 | (171) | ||||
20 | NY Harbor ULSD | Jul. 2022 | 3,105,900 | 487,932 | ||||
26 | Silver | Jul. 2022 | 3,001,050 | (202,377) | ||||
51 | Soybean | Jul. 2022 | 4,296,113 | 155,030 | ||||
53 | Soybean Meal | Jul. 2022 | 2,291,190 | (136,024) | ||||
58 | Soybean Oil | Jul. 2022 | 2,929,464 | 446,516 | ||||
127 | Sugar #11 (World) | Jul. 2022 | 2,723,896 | (80,696) | ||||
64 | WTI Crude | Jul. 2022 | 6,588,160 | 497,357 | ||||
4,070,365 | ||||||||
Short Positions: | ||||||||
21 | LME Nickel | May 2022 | 4,000,122 | (37,482) | ||||
1 | LME Nickel | Jul. 2022 | 190,602 | 2,824 | ||||
47 | LME PRI Aluminum | May 2022 | 3,566,713 | 500,291 | ||||
27 | LME Zinc | May 2022 | 2,795,344 | (73,583) | ||||
392,050 | ||||||||
$4,462,415 |
(1) | Represents positions held in the Cayman Subsidiary. |
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).
2