PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 97.3% | |||||
Common Stocks 93.9% | |||||
Australia 4.2% | |||||
Aristocrat Leisure Ltd. | 23,429 | $584,508 | |||
Bendigo & Adelaide Bank Ltd. | 40,950 | 297,159 | |||
BHP Group Ltd. | 7,768 | 212,574 | |||
BlueScope Steel Ltd. | 17,635 | 207,148 | |||
Computershare Ltd. | 4,326 | 76,427 | |||
Fortescue Metals Group Ltd. | 18,396 | 236,730 | |||
Genworth Mortgage Insurance Australia Ltd. | 537,954 | 1,065,953 | |||
Glencore PLC* | 86,620 | 490,936 | |||
Goodman Group, REIT | 88,860 | 1,300,471 | |||
JB Hi-Fi Ltd. | 15,765 | 466,808 | |||
Jumbo Interactive Ltd. | 9,672 | 98,019 | |||
Macquarie Group Ltd. | 4,335 | 554,808 | |||
Nine Entertainment Co. Holdings Ltd. | 102,648 | 149,760 | |||
Rio Tinto Ltd. | 3,134 | 217,138 | |||
Rio Tinto PLC | 9,302 | 561,557 | |||
Sonic Healthcare Ltd. | 45,137 | 1,086,968 | |||
Stockland, REIT | 37,076 | 100,464 | |||
West African Resources Ltd.* | 297,147 | 276,638 | |||
Woodside Energy Group Ltd. | 4,867 | 109,899 | |||
8,093,965 | |||||
Belgium 0.1% | |||||
Bekaert SA | 2,280 | 80,752 | |||
Tessenderlo Group SA* | 3,385 | 106,088 | |||
186,840 | |||||
Brazil 1.2% | |||||
Banco do Brasil SA | 165,000 | 1,152,809 | |||
Cia de Saneamento do Parana, UTS | 54,900 | 196,507 | |||
CPFL Energia SA | 15,000 | 94,857 | |||
Marfrig Global Foods SA | 53,100 | 135,262 | |||
Petroleo Brasileiro SA | 33,100 | 237,210 | |||
Vale SA | 33,400 | 450,575 | |||
Yara International ASA | 1,820 | 77,564 | |||
2,344,784 | |||||
Canada 7.9% | |||||
Alimentation Couche-Tard, Inc. | 9,000 | 402,085 | |||
Aritzia, Inc.* | 29,200 | 921,229 | |||
Artis Real Estate Investment Trust, REIT | 69,200 | 630,098 |
1
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Canada (cont’d.) | |||||
Bank of Nova Scotia (The) | 10,000 | $609,191 | |||
Canaccord Genuity Group, Inc. | 26,000 | 202,023 | |||
Canadian Natural Resources Ltd. | 30,900 | 1,706,250 | |||
Canadian Tire Corp. Ltd. (Class A Stock) | 700 | 89,928 | |||
Canfor Corp.* | 52,900 | 1,125,708 | |||
CGI, Inc.* | 13,500 | 1,157,550 | |||
Dollarama, Inc. | 2,600 | 157,578 | |||
ECN Capital Corp. | 90,200 | 421,222 | |||
Element Fleet Management Corp. | 14,100 | 161,860 | |||
Fairfax Financial Holdings Ltd. | 2,600 | 1,400,554 | |||
George Weston Ltd. | 5,500 | 656,452 | |||
Gildan Activewear, Inc. | 7,700 | 225,669 | |||
Imperial Oil Ltd. | 8,400 | 402,568 | |||
Interfor Corp.* | 47,800 | 1,180,302 | |||
Loblaw Cos. Ltd. | 13,700 | 1,247,127 | |||
National Bank of Canada | 2,800 | 196,463 | |||
North West Co., Inc. (The) | 5,700 | 153,478 | |||
Nutrien Ltd. | 1,500 | 128,406 | |||
Onex Corp. | 3,200 | 171,027 | |||
Royal Bank of Canada | 1,500 | 146,258 | |||
Russel Metals, Inc. | 6,100 | 131,094 | |||
Suncor Energy, Inc. | 40,300 | 1,367,723 | |||
Toronto-Dominion Bank (The) | 6,400 | 415,721 | |||
West Fraser Timber Co. Ltd. | 900 | 84,261 | |||
15,491,825 | |||||
Chile 0.0% | |||||
Cencosud SA | 53,740 | 73,415 | |||
China 11.0% | |||||
37 Interactive Entertainment Network Technology Group Co. Ltd. (Class A Stock) | 91,700 | 266,010 | |||
Agricultural Bank of China Ltd. (Class H Stock) | 260,000 | 85,754 | |||
Alibaba Group Holding Ltd.* | 38,800 | 436,247 | |||
Bank of China Ltd. (Class H Stock) | 759,000 | 269,889 | |||
Bank of Communications Co. Ltd. (Class H Stock) | 1,208,000 | 719,017 | |||
Baoshan Iron & Steel Co. Ltd. (Class A Stock) | 147,800 | 124,414 | |||
Beijing Enterprises Holdings Ltd. | 30,000 | 96,149 | |||
BYD Co. Ltd. (Class H Stock) | 40,500 | 1,481,732 | |||
China BlueChemical Ltd. (Class H Stock) | 1,792,000 | 484,833 | |||
China CITIC Bank Corp. Ltd. (Class H Stock) | 402,000 | 168,028 | |||
China Construction Bank Corp. (Class H Stock) | 2,587,000 | 1,652,086 | |||
China Medical System Holdings Ltd. | 386,000 | 613,627 |
2
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
China (cont’d.) | |||||
China Resources Land Ltd. | 16,000 | $66,820 | |||
China Shenhua Energy Co. Ltd. (Class H Stock) | 272,000 | 768,765 | |||
China Tower Corp. Ltd. (Class H Stock), 144A | 2,296,000 | 295,387 | |||
Chlitina Holding Ltd. | 105,000 | 648,439 | |||
Chongqing Rural Commercial Bank Co. Ltd. (Class A Stock) | 360,000 | 191,078 | |||
Chow Tai Fook Jewellery Group Ltd. | 672,600 | 1,330,241 | |||
CITIC Ltd. | 926,000 | 1,001,546 | |||
COSCO SHIPPING Holdings Co. Ltd. (Class H Stock) | 237,300 | 356,017 | |||
CSPC Pharmaceutical Group Ltd. | 84,000 | 91,976 | |||
Daqo New Energy Corp., ADR* | 1,100 | 71,170 | |||
Greentown Management Holdings Co. Ltd., 144A | 340,000 | 282,826 | |||
Huaxia Bank Co. Ltd. (Class A Stock) | 420,300 | 318,969 | |||
Industrial & Commercial Bank of China Ltd. (Class H Stock) | 2,662,000 | 1,407,367 | |||
Industrial Bank Co. Ltd. (Class A Stock) | 119,500 | 315,020 | |||
Intco Medical Technology Co. Ltd. (Class A Stock) | 54,676 | 186,442 | |||
Lenovo Group Ltd. | 1,244,000 | 1,206,425 | |||
Li Ning Co. Ltd. | 104,500 | 847,666 | |||
Longfor Group Holdings Ltd., 144A | 17,000 | 56,803 | |||
Metallurgical Corp. of China Ltd. (Class A Stock) | 502,900 | 242,805 | |||
NetEase, Inc. | 17,400 | 325,498 | |||
PetroChina Co. Ltd. (Class H Stock) | 2,004,000 | 935,787 | |||
Pinduoduo, Inc., ADR* | 15,000 | 735,150 | |||
Shaanxi Coal Industry Co. Ltd. (Class A Stock) | 95,300 | 269,758 | |||
Shanghai International Port Group Co. Ltd. (Class A Stock)* | 348,600 | 283,355 | |||
Shanxi Taigang Stainless Steel Co. Ltd. (Class A Stock) | 213,000 | 156,483 | |||
SITC International Holdings Co. Ltd. | 26,000 | 88,528 | |||
TBEA Co. Ltd. (Class A Stock) | 40,000 | 148,256 | |||
Tencent Holdings Ltd. | 27,300 | 1,055,113 | |||
Wilmar International Ltd. | 404,400 | 1,178,384 | |||
Xiamen C & D, Inc. (Class A Stock) | 130,200 | 216,686 | |||
21,476,546 | |||||
Denmark 1.6% | |||||
AP Moller - Maersk A/S (Class B Stock) | 546 | 1,490,763 | |||
Novo Nordisk A/S (Class B Stock) | 8,392 | 977,449 | |||
Scandinavian Tobacco Group A/S, 144A | 31,126 | 596,133 | |||
3,064,345 | |||||
Finland 1.5% | |||||
Nokia OYJ | 255,352 | 1,330,022 |
3
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Finland (cont’d.) | |||||
Nordea Bank Abp | 25,996 | $256,320 | |||
Sampo OYJ (Class A Stock) | 28,940 | 1,250,288 | |||
2,836,630 | |||||
France 6.5% | |||||
Capgemini SE | 3,333 | 635,726 | |||
Carrefour SA | 6,324 | 107,774 | |||
Cie de Saint-Gobain | 28,092 | 1,309,926 | |||
Cie Generale des Etablissements Michelin SCA | 16,106 | 450,720 | |||
Coface SA | 34,576 | 362,109 | |||
Dassault Systemes SE | 9,839 | 422,012 | |||
Eiffage SA | 860 | 80,702 | |||
Electricite de France SA | 114,579 | 1,391,476 | |||
Engie SA | 106,266 | 1,314,760 | |||
Hermes International | 587 | 805,332 | |||
Ipsen SA | 7,043 | 712,450 | |||
Klepierre SA, REIT* | 3,440 | 76,437 | |||
L’Oreal SA | 1,763 | 666,515 | |||
LVMH Moet Hennessy Louis Vuitton SE | 1,106 | 767,956 | |||
Publicis Groupe SA | 19,555 | 1,040,627 | |||
Sanofi | 21,641 | 2,150,543 | |||
Societe Generale SA | 6,549 | 146,740 | |||
Television Francaise 1 | 25,715 | 177,143 | |||
Thales SA | 700 | 87,052 | |||
12,706,000 | |||||
Georgia 0.1% | |||||
Bank of Georgia Group PLC | 5,808 | 106,837 | |||
Germany 2.8% | |||||
AURELIUS Equity Opportunities SE & Co. KGaA | 4,239 | 101,119 | |||
Aurubis AG | 5,960 | 430,295 | |||
Bayer AG | 14,740 | 859,788 | |||
Bayerische Motoren Werke AG | 4,165 | 340,336 | |||
Deutsche Bank AG | 17,430 | 152,459 | |||
Deutsche Telekom AG | 45,604 | 866,430 | |||
E.ON SE | 97,901 | 880,043 | |||
Fresenius SE & Co. KGaA | 2,688 | 68,783 | |||
Infineon Technologies AG | 3,881 | 106,434 | |||
Mercedes-Benz Group AG | 2,442 | 144,015 | |||
Merck KGaA | 7,697 | 1,465,977 |
4
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Germany (cont’d.) | |||||
Northern Data AG*(a) | 2,992 | $73,158 | |||
Telefonica Deutschland Holding AG | 24,740 | 65,775 | |||
5,554,612 | |||||
Greece 0.3% | |||||
Hellenic Telecommunications Organization SA | 33,391 | 574,925 | |||
OPAP SA | 5,040 | 69,826 | |||
644,751 | |||||
Hong Kong 1.4% | |||||
CK Asset Holdings Ltd. | 16,500 | 116,815 | |||
Jardine Matheson Holdings Ltd. | 21,500 | 1,135,541 | |||
Orient Overseas International Ltd. | 11,000 | 383,358 | |||
Value Partners Group Ltd. | 337,000 | 111,913 | |||
WH Group Ltd., 144A | 1,223,000 | 926,224 | |||
2,673,851 | |||||
India 2.1% | |||||
Bajaj Consumer Care Ltd. | 118,087 | 242,911 | |||
Divi’s Laboratories Ltd. | 1,560 | 75,675 | |||
GAIL India Ltd. | 45,589 | 84,517 | |||
Mahindra & Mahindra Ltd. | 7,192 | 106,118 | |||
NTPC Ltd. | 223,251 | 431,762 | |||
Page Industries Ltd. | 168 | 103,897 | |||
Power Grid Corp. of India Ltd. | 494,482 | 1,339,088 | |||
Sun Pharmaceutical Industries Ltd. | 24,104 | 287,493 | |||
Tanla Platforms Ltd. | 20,020 | 176,693 | |||
Tata Steel Ltd. | 873,530 | 1,188,933 | |||
4,037,087 | |||||
Indonesia 0.7% | |||||
Astra International Tbk PT | 2,359,100 | 1,007,567 | |||
First Pacific Co. Ltd. | 902,000 | 359,934 | |||
1,367,501 | |||||
Israel 0.7% | |||||
Bank Hapoalim BM | 9,728 | 90,665 | |||
Bank Leumi Le-Israel BM | 128,108 | 1,245,673 | |||
1,336,338 |
5
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Italy 0.9% | |||||
Eni SpA | 96,357 | $1,158,268 | |||
Ferrari NV | 1,120 | 237,846 | |||
Moncler SpA | 1,662 | 83,314 | |||
Poste Italiane SpA, 144A | 25,720 | 216,056 | |||
1,695,484 | |||||
Japan 11.6% | |||||
AGC, Inc. | 8,700 | 317,143 | |||
Astellas Pharma, Inc. | 6,800 | 106,497 | |||
Bandai Namco Holdings, Inc. | 1,500 | 117,184 | |||
Chugai Pharmaceutical Co. Ltd. | 41,300 | 1,160,233 | |||
Citizen Watch Co. Ltd. | 21,600 | 94,695 | |||
Dai-ichi Life Holdings, Inc. | 80,000 | 1,391,591 | |||
Digital Garage, Inc. | 10,700 | 310,899 | |||
Fast Retailing Co. Ltd. | 500 | 302,795 | |||
Fujikura Ltd. | 33,600 | 203,119 | |||
Fujitsu Ltd. | 9,000 | 1,206,561 | |||
GungHo Online Entertainment, Inc. | 13,800 | 269,269 | |||
Hamamatsu Photonics KK | 1,700 | 77,249 | |||
IHI Corp. | 20,200 | 532,628 | |||
Inpex Corp. | 106,500 | 1,220,680 | |||
Japan Post Holdings Co. Ltd. | 81,500 | 586,787 | |||
Japan Steel Works Ltd. (The) | 3,900 | 90,346 | |||
Japan Tobacco, Inc. | 64,100 | 1,150,955 | |||
Komatsu Ltd. | 20,800 | 480,863 | |||
Makino Milling Machine Co. Ltd. | 2,800 | 95,326 | |||
Marubeni Corp. | 114,700 | 1,066,971 | |||
Mazda Motor Corp. | 29,200 | 246,144 | |||
MINEBEA MITSUMI, Inc. | 4,200 | 75,550 | |||
Mitsubishi Electric Corp. | 15,900 | 167,812 | |||
Mitsui & Co. Ltd. | 66,300 | 1,462,729 | |||
Mizuno Corp. | 7,800 | 146,476 | |||
MS&AD Insurance Group Holdings, Inc. | 39,000 | 1,264,823 | |||
Murata Manufacturing Co. Ltd. | 11,700 | 683,405 | |||
Nisshinbo Holdings, Inc. | 29,600 | 235,773 | |||
NTT Data Corp. | 70,200 | 1,062,478 | |||
Ono Pharmaceutical Co. Ltd. | 3,000 | 84,357 | |||
ORIX Corp. | 9,800 | 174,654 | |||
Renesas Electronics Corp.* | 48,100 | 458,145 | |||
Resorttrust, Inc. | 22,000 | 361,691 | |||
Shimano, Inc. | 400 | 66,818 | |||
Shionogi & Co. Ltd. | 2,500 | 128,229 | |||
SoftBank Group Corp. | 10,700 | 449,473 | |||
Sompo Holdings, Inc. | 27,300 | 1,218,432 |
6
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Japan (cont’d.) | |||||
Sony Group Corp. | 6,700 | $568,347 | |||
Sumitomo Corp. | 79,500 | 1,117,767 | |||
Suzuki Motor Corp. | 11,000 | 360,573 | |||
Takeda Pharmaceutical Co. Ltd. | 14,200 | 416,631 | |||
Toyota Boshoku Corp. | 5,200 | 76,894 | |||
Toyota Motor Corp. | 13,665 | 221,797 | |||
Transcosmos, Inc. | 4,400 | 124,840 | |||
USS Co. Ltd. | 33,000 | 647,543 | |||
22,603,172 | |||||
Kuwait 0.1% | |||||
Humansoft Holding Co. KSC | 15,331 | 165,651 | |||
Luxembourg 1.0% | |||||
ArcelorMittal SA | 45,760 | 1,129,080 | |||
Eurofins Scientific SE | 11,670 | 909,775 | |||
2,038,855 | |||||
Malaysia 0.5% | |||||
Petronas Chemicals Group Bhd | 477,000 | 952,878 | |||
Netherlands 4.6% | |||||
ASML Holding NV | 1,296 | 744,887 | |||
Heineken Holding NV | 1,000 | 79,019 | |||
Heineken NV | 2,109 | 207,920 | |||
Koninklijke Ahold Delhaize NV | 54,020 | 1,487,642 | |||
Koninklijke KPN NV | 311,288 | 1,026,937 | |||
NN Group NV | 24,552 | 1,152,040 | |||
Randstad NV | 19,629 | 992,109 | |||
Shell PLC | 78,203 | 2,086,169 | |||
Wolters Kluwer NV | 10,938 | 1,187,892 | |||
8,964,615 | |||||
New Zealand 0.0% | |||||
Spark New Zealand Ltd. | 27,980 | 89,972 | |||
Nigeria 0.4% | |||||
Airtel Africa PLC, 144A | 418,727 | 809,406 | |||
Norway 1.1% | |||||
DNB Bank ASA | 7,566 | 149,245 |
7
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Norway (cont’d.) | |||||
Elkem ASA, 144A* | 92,160 | $377,614 | |||
Equinor ASA | 36,343 | 1,399,348 | |||
Mowi ASA | 3,240 | 74,763 | |||
Telenor ASA | 11,836 | 143,738 | |||
2,144,708 | |||||
Philippines 0.0% | |||||
PLDT, Inc. | 2,645 | 79,814 | |||
Portugal 0.1% | |||||
Sonae SGPS SA | 81,802 | 93,072 | |||
Qatar 0.8% | |||||
Industries Qatar QSC | 304,106 | 1,431,793 | |||
Ooredoo QPSC | 35,300 | 90,557 | |||
1,522,350 | |||||
Russia 0.0% | |||||
Inter RAO UES PJSC^ | 13,660,000 | 22 | |||
LUKOIL PJSC^ | 14,283 | — | |||
Polyus PJSC*^ | 1,450 | — | |||
Rosneft Oil Co. PJSC^ | 155,425 | — | |||
Sberbank of Russia PJSC*^ | 366,709 | 1 | |||
23 | |||||
Saudi Arabia 0.6% | |||||
Riyad Bank | 7,940 | 77,315 | |||
SABIC Agri-Nutrients Co. | 26,782 | 955,738 | |||
Saudi Basic Industries Corp. | 7,378 | 196,575 | |||
1,229,628 | |||||
Singapore 1.2% | |||||
DBS Group Holdings Ltd. | 73,200 | 1,670,303 | |||
STMicroelectronics NV | 13,056 | 494,085 | |||
United Overseas Bank Ltd. | 10,400 | 207,494 | |||
2,371,882 | |||||
South Africa 0.9% | |||||
African Rainbow Minerals Ltd. | 5,680 | 80,057 | |||
Anglo American PLC | 15,575 | 562,956 |
8
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
South Africa (cont’d.) | |||||
FirstRand Ltd. | 272,979 | $1,079,843 | |||
Impala Platinum Holdings Ltd. | 7,068 | 78,367 | |||
1,801,223 | |||||
South Korea 4.7% | |||||
BNK Financial Group, Inc. | 38,013 | 198,904 | |||
Cheil Worldwide, Inc. | 18,513 | 325,086 | |||
DB Insurance Co. Ltd. | 12,339 | 574,260 | |||
Devsisters Co. Ltd. | 1,828 | 69,452 | |||
GS Holdings Corp. | 2,360 | 75,649 | |||
Hana Financial Group, Inc. | 36,077 | 1,033,840 | |||
Hyundai Mobis Co. Ltd. | 525 | 92,404 | |||
KB Financial Group, Inc. | 29,982 | 1,115,088 | |||
Kia Corp. | 21,889 | 1,370,414 | |||
LG Energy Solution Ltd.* | 240 | 78,260 | |||
LG Innotek Co. Ltd. | 1,872 | 524,871 | |||
MegaStudyEdu Co. Ltd. | 17,016 | 1,157,077 | |||
POSCO Holdings, Inc. | 5,676 | 1,060,038 | |||
Samsung C&T Corp. | 780 | 72,410 | |||
Samsung Electronics Co. Ltd. | 19,316 | 914,326 | |||
Samsung Fire & Marine Insurance Co. Ltd. | 500 | 75,961 | |||
SD Biosensor, Inc. | 2,300 | 71,554 | |||
Shinhan Financial Group Co. Ltd. | 3,175 | 87,437 | |||
SK, Inc. | 440 | 74,634 | |||
Webzen, Inc.* | 6,425 | 96,856 | |||
Woori Financial Group, Inc. | 7,080 | 64,971 | |||
9,133,492 | |||||
Spain 1.1% | |||||
Banco Santander SA | 153,232 | 383,367 | |||
Bankinter SA | 127,959 | 630,011 | |||
Endesa SA | 40,606 | 744,285 | |||
Industria de Diseno Textil SA | 10,650 | 258,656 | |||
Telefonica SA | 48,222 | 215,249 | |||
2,231,568 | |||||
Sweden 1.4% | |||||
Atlas Copco AB (Class A Stock) | 30,688 | 358,723 | |||
Atlas Copco AB (Class B Stock) | 14,008 | 145,511 | |||
Epiroc AB (Class A Stock) | 4,600 | 81,336 | |||
Evolution AB, 144A | 12,716 | 1,233,844 | |||
H & M Hennes & Mauritz AB (Class B Stock) | 5,964 | 76,307 |
9
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Sweden (cont’d.) | |||||
Investor AB (Class A Stock) | 4,642 | $95,441 | |||
Inwido AB | 25,573 | 310,306 | |||
Securitas AB (Class B Stock) | 7,680 | 77,663 | |||
Skandinaviska Enskilda Banken AB (Class A Stock) | 8,950 | 96,959 | |||
Telia Co. AB | 21,230 | 78,431 | |||
Volvo AB (Class B Stock) | 12,304 | 220,906 | |||
2,775,427 | |||||
Switzerland 3.2% | |||||
Bucher Industries AG | 530 | 203,487 | |||
Chocoladefabriken Lindt & Spruengli AG | 1 | 115,322 | |||
Cie Financiere Richemont SA (Class A Stock) | 4,685 | 564,906 | |||
Kuehne + Nagel International AG | 4,721 | 1,271,466 | |||
Novartis AG | 17,733 | 1,523,791 | |||
Sensirion Holding AG, 144A* | 3,924 | 455,400 | |||
UBS Group AG | 94,372 | 1,542,069 | |||
Zurich Insurance Group AG | 1,323 | 577,527 | |||
6,253,968 | |||||
Taiwan 4.4% | |||||
Asustek Computer, Inc. | 108,000 | 1,018,833 | |||
Chunghwa Telecom Co. Ltd. | 25,000 | 101,441 | |||
Evergreen Marine Corp. Taiwan Ltd. | 335,000 | 1,076,482 | |||
Formosa Plastics Corp. | 34,000 | 104,867 | |||
Hon Hai Precision Industry Co. Ltd. | 104,000 | 380,094 | |||
Kindom Development Co. Ltd. | 159,000 | 159,760 | |||
Nan Ya Printed Circuit Board Corp. | 8,000 | 64,814 | |||
Taita Chemical Co. Ltd. | 200,130 | 161,437 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. | 258,000 | 4,424,588 | |||
Unimicron Technology Corp. | 12,000 | 64,016 | |||
United Microelectronics Corp.* | 743,000 | 999,528 | |||
Wan Hai Lines Ltd. | 2,550 | 9,163 | |||
Yang Ming Marine Transport Corp. | 34,000 | 102,537 | |||
8,667,560 | |||||
Thailand 0.1% | |||||
Advanced Info Service PCL | 12,400 | 68,158 | |||
AP Thailand PCL | 432,400 | 115,248 | |||
Chularat Hospital PCL | 744,400 | 75,785 | |||
259,191 |
10
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Turkey 1.0% | |||||
Akbank TAS | 1,308,432 | $633,421 | |||
Ford Otomotiv Sanayi A/S | 4,607 | 78,374 | |||
Haci Omer Sabanci Holding A/S | 91,266 | 101,323 | |||
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S (Class D Stock) | 611,960 | 366,548 | |||
KOC Holding A/S | 39,380 | 81,398 | |||
Koza Anadolu Metal Madencilik Isletmeleri A/S* | 341,539 | 542,405 | |||
Mavi Giyim Sanayi Ve Ticaret A/S (Class B Stock), 144A | 22,420 | 78,922 | |||
1,882,391 | |||||
Ukraine 0.3% | |||||
Ferrexpo PLC | 278,912 | 505,896 | |||
United Kingdom 7.2% | |||||
3i Group PLC | 77,042 | 1,197,060 | |||
AstraZeneca PLC | 3,469 | 456,317 | |||
BAE Systems PLC | 25,760 | 242,112 | |||
Barclays PLC | 665,522 | 1,274,851 | |||
Berkeley Group Holdings PLC* | 1,460 | 75,662 | |||
British American Tobacco PLC | 47,652 | 1,867,179 | |||
Burberry Group PLC | 3,560 | 78,262 | |||
Compass Group PLC | 15,334 | 359,375 | |||
Greggs PLC | 6,838 | 170,485 | |||
Haleon PLC* | 102,066 | 362,696 | |||
Howden Joinery Group PLC | 43,381 | 358,091 | |||
Imperial Brands PLC | 62,078 | 1,363,005 | |||
JD Sports Fashion PLC | 93,227 | 148,078 | |||
Lloyds Banking Group PLC | 2,155,703 | 1,193,523 | |||
Morgan Sindall Group PLC | 5,863 | 145,358 | |||
NatWest Group PLC | 447,559 | 1,359,351 | |||
Next PLC | 1,288 | 107,228 | |||
Safestore Holdings PLC, REIT | 32,233 | 448,832 | |||
Smiths Group PLC | 4,180 | 78,886 | |||
SSE PLC | 9,243 | 199,634 | |||
Unilever PLC | 30,921 | 1,505,943 | |||
WPP PLC | 105,496 | 1,138,554 | |||
14,130,482 | |||||
United States 4.6% | |||||
GSK PLC | 81,652 | 1,715,525 | |||
JBS SA | 195,200 | 1,204,226 | |||
Nestle SA | 13,850 | 1,697,003 |
11
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
United States (cont’d.) | |||||
Roche Holding AG | 9,012 | $2,992,025 | |||
Stellantis NV | 88,724 | 1,274,100 | |||
8,882,879 | |||||
Total Common Stocks (cost $189,110,787) | 183,280,914 | ||||
Exchange-Traded Fund 1.0% | |||||
United States | |||||
iShares MSCI EAFE ETF(a) (cost $1,924,749) | 28,900 | 1,899,308 | |||
Preferred Stocks 2.4% | |||||
Brazil 1.5% | |||||
Braskem SA (PRFC A) | 11,000 | 78,874 | |||
Cia Energetica de Minas Gerais (PRFC) | 389,469 | 846,819 | |||
Cia Paranaense de Energia (PRFC B) | 232,000 | 312,526 | |||
Itausa SA (PRFC) | 42,000 | 70,377 | |||
Petroleo Brasileiro SA (PRFC) | 257,700 | 1,705,847 | |||
3,014,443 | |||||
Germany 0.7% | |||||
Porsche Automobil Holding SE (PRFC) | 1,242 | 89,898 | |||
Volkswagen AG (PRFC) | 8,433 | 1,192,341 | |||
1,282,239 | |||||
South Korea 0.2% | |||||
Samsung Electronics Co. Ltd. (PRFC) | 7,571 | 332,743 | |||
Total Preferred Stocks (cost $3,915,758) | 4,629,425 | ||||
Total Long-Term Investments (cost $194,951,294) | 189,809,647 |
12
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
Description | Shares | Value | |||
Short-Term Investments 2.0% | |||||
Affiliated Mutual Fund 1.0% | |||||
PGIM Institutional Money Market Fund (cost $1,914,778; includes $1,913,410 of cash collateral for securities on loan)(b)(we) | 1,916,705 | $1,914,788 |
Interest Rate | Maturity Date | Principal Amount (000)# | |||||
U.S. Treasury Obligation(k)(n) 0.3% | |||||||
U.S. Treasury Bills (cost $598,716) | 1.719 % | 09/15/22 | 600 | 598,410 |
Shares | |||||||
Unaffiliated Fund 0.7% | |||||||
Dreyfus Government Cash Management (Institutional Shares) (cost $1,497,667) | 1,497,667 | 1,497,667 | |||||
Total Short-Term Investments (cost $4,011,161) | 4,010,865 | ||||||
TOTAL INVESTMENTS 99.3% (cost $198,962,455) | 193,820,512 | ||||||
Other assets in excess of liabilities(z) 0.7% | 1,315,488 | ||||||
Net Assets 100.0% | $195,136,000 |
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 | |
EAFE—Europe, Australasia, Far East | |
ETF—Exchange-Traded Fund | |
MSCI—Morgan Stanley Capital International | |
PJSC—Public Joint-Stock Company | |
PRFC—Preference Shares | |
REITs—Real Estate Investment Trust | |
UTS—Unit Trust Security |
* | Non-income producing security. |
# | Principal amount is shown in U.S. dollars unless otherwise stated. |
^ | Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $23 and 0.0% of net assets. |
13
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of July 31,
2022 (unaudited) (continued)
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $1,866,802; cash collateral of $1,913,410 (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. |
(k) | Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives. |
(n) | Rate shown reflects yield to maturity at purchased date. |
(we) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Institutional Money Market Fund. |
(z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments: |
Futures contracts outstanding at July 31, 2022: | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
31 | Mini MSCI EAFE Index | Sep. 2022 | $3,025,755 | $168,775 | ||||
48 | Mini MSCI Emerging Markets Index | Sep. 2022 | 2,396,400 | (272) | ||||
$168,503 |
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).
14