PGIM Jennison Global Infrastructure Fund
Schedule of Investments as of January 31, 2022 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 97.3% | |||||
Common Stocks 93.6% | |||||
Canada 4.8% | |||||
Canadian National Railway Co. | 10,682 | $1,300,213 | |||
Canadian Pacific Railway Ltd. | 7,624 | 545,433 | |||
Enbridge, Inc. | 19,454 | 822,450 | |||
2,668,096 | |||||
China 1.5% | |||||
China Longyuan Power Group Corp. Ltd. (Class H Stock) | 395,965 | 809,417 | |||
France 9.5% | |||||
Eiffage SA | 17,445 | 1,831,580 | |||
Veolia Environnement SA | 48,311 | 1,743,142 | |||
Vinci SA | 15,394 | 1,688,011 | |||
5,262,733 | |||||
Germany 1.9% | |||||
RWE AG | 25,493 | 1,071,505 | |||
India 1.2% | |||||
Power Grid Corp. of India Ltd. | 235,693 | 683,304 | |||
Italy 5.3% | |||||
Atlantia SpA* | 56,165 | 1,041,579 | |||
Infrastrutture Wireless Italiane SpA, 144A | 94,384 | 1,015,487 | |||
Terna - Rete Elettrica Nazionale | 111,597 | 874,985 | |||
2,932,051 | |||||
Mexico 2.6% | |||||
Grupo Aeroportuario del Pacifico SAB de CV (Class B Stock)* | 62,390 | 859,360 | |||
Grupo Aeroportuario del Sureste SAB de CV (Class B Stock) | 28,794 | 583,110 | |||
1,442,470 | |||||
New Zealand 0.8% | |||||
Auckland International Airport Ltd.* | 100,546 | 474,484 | |||
Spain 7.3% | |||||
Aena SME SA, 144A* | 7,302 | 1,181,639 |
1
PGIM Jennison Global Infrastructure Fund
Schedule of Investments as of January 31, 2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Spain (cont’d.) | |||||
Cellnex Telecom SA, 144A | 18,684 | $851,589 | |||
Ferrovial SA | 72,914 | 2,025,404 | |||
4,058,632 | |||||
United Kingdom 2.1% | |||||
National Grid PLC | 81,827 | 1,189,373 | |||
United States 56.6% | |||||
American Tower Corp., REIT | 2,906 | 730,859 | |||
American Water Works Co., Inc. | 3,461 | 556,529 | |||
CenterPoint Energy, Inc. | 87,912 | 2,493,184 | |||
Cheniere Energy, Inc. | 28,754 | 3,217,573 | |||
CMS Energy Corp. | 13,386 | 861,791 | |||
Dominion Energy, Inc. | 22,526 | 1,816,947 | |||
DT Midstream, Inc. | 31,023 | 1,603,889 | |||
Essential Utilities, Inc. | 11,963 | 583,077 | |||
Eversource Energy | 11,447 | 1,024,392 | |||
Exelon Corp. | 28,002 | 1,622,716 | |||
NextEra Energy Partners LP | 9,577 | 720,382 | |||
NextEra Energy, Inc. | 39,363 | 3,075,037 | |||
Norfolk Southern Corp. | 7,640 | 2,078,004 | |||
Public Service Enterprise Group, Inc. | 26,141 | 1,739,161 | |||
SBA Communications Corp., REIT | 7,444 | 2,422,575 | |||
Targa Resources Corp. | 39,828 | 2,353,038 | |||
Union Pacific Corp. | 7,680 | 1,878,144 | |||
Waste Connections, Inc. | 6,854 | 854,694 | |||
Williams Cos., Inc. (The) | 21,054 | 630,357 | |||
Xcel Energy, Inc. | 17,284 | 1,204,003 | |||
31,466,352 | |||||
Total Common Stocks (cost $42,062,602) | 52,058,417 | ||||
Preferred Stocks 3.7% | |||||
Canada 2.5% | |||||
GFL Environmental, Inc., CVT, 6.000%, Maturing 03/15/23 | 18,288 | 1,382,938 |
2
PGIM Jennison Global Infrastructure Fund
Schedule of Investments as of January 31, 2022 (unaudited) (continued)
Description | Shares | Value | |||
Preferred Stocks (Continued) | |||||
United States 1.2% | |||||
NextEra Energy, Inc., CVT, 6.219%, Maturing 09/01/23 | 13,402 | $688,729 | |||
Total Preferred Stocks (cost $1,714,323) | 2,071,667 | ||||
Total Long-Term Investments (cost $43,776,925) | 54,130,084 | ||||
Short-Term Investment 2.0% | |||||
Unaffiliated Fund | |||||
Dreyfus Government Cash Management (Institutional Shares) (cost $1,115,239) | 1,115,239 | 1,115,239 | |||
TOTAL INVESTMENTS 99.3% (cost $44,892,164) | 55,245,323 | ||||
Other assets in excess of liabilities 0.7% | 379,968 | ||||
Net Assets 100.0% | $55,625,291 |
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. | |
CVT—Convertible Security | |
LP—Limited Partnership |
* | Non-income producing security. |
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).
3