PGIM Jennison Global Infrastructure Fund
Schedule of Investments as of January 31, 2023 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 99.6% | |||||
Common Stocks 99.5% | |||||
Australia 4.8% | |||||
APA Group, UTS | 82,779 | $619,511 | |||
Transurban Group, UTS | 228,869 | 2,243,865 | |||
2,863,376 | |||||
Canada 7.6% | |||||
Canadian National Railway Co. | 11,839 | 1,409,907 | |||
Canadian Pacific Railway Ltd. | 19,065 | 1,504,796 | |||
Enbridge, Inc. | 21,506 | 880,573 | |||
TC Energy Corp. | 18,585 | 800,780 | |||
4,596,056 | |||||
China 2.3% | |||||
Beijing Capital International Airport Co. Ltd. (Class H Stock)* | 892,160 | 678,537 | |||
China Longyuan Power Group Corp. Ltd. (Class H Stock) | 517,455 | 714,316 | |||
1,392,853 | |||||
France 7.6% | |||||
Aeroports de Paris* | 7,686 | 1,192,387 | |||
Eiffage SA | 12,668 | 1,353,076 | |||
Vinci SA | 18,106 | 2,045,789 | |||
4,591,252 | |||||
Germany 3.0% | |||||
Fraport AG Frankfurt Airport Services Worldwide* | 5,537 | 315,118 | |||
RWE AG | 33,982 | 1,512,841 | |||
1,827,959 | |||||
India 1.2% | |||||
Power Grid Corp. of India Ltd. | 266,791 | 707,995 | |||
Italy 2.7% | |||||
Enav SpA, 144A | 219,839 | 1,012,125 | |||
Terna - Rete Elettrica Nazionale | 76,421 | 604,632 | |||
1,616,757 | |||||
Japan 2.6% | |||||
West Japan Railway Co. | 38,028 | 1,592,556 |
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PGIM Jennison Global Infrastructure Fund
Schedule of Investments as of January 31, 2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Mexico 2.4% | |||||
Grupo Aeroportuario del Pacifico SAB de CV (Class B Stock) | 84,745 | $1,459,619 | |||
New Zealand 1.7% | |||||
Auckland International Airport Ltd.* | 181,168 | 997,066 | |||
Spain 10.1% | |||||
Aena SME SA, 144A* | 16,383 | 2,461,528 | |||
Ferrovial SA | 80,485 | 2,374,971 | |||
Sacyr SA (original cost $1,091,311; purchased 04/13/22 - 11/23/22)(f) | 404,010 | 1,242,826 | |||
6,079,325 | |||||
Thailand 0.6% | |||||
Airports of Thailand PCL* | 166,150 | 374,687 | |||
United Kingdom 6.2% | |||||
Centrica PLC | 1,326,750 | 1,652,870 | |||
National Grid PLC | 118,310 | 1,504,064 | |||
SSE PLC | 28,166 | 601,194 | |||
3,758,128 | |||||
United States 46.7% | |||||
AES Corp. (The) | 31,106 | 852,615 | |||
American Tower Corp., REIT | 9,352 | 2,089,143 | |||
CenterPoint Energy, Inc. | 59,388 | 1,788,767 | |||
Cheniere Energy, Inc. | 10,007 | 1,528,970 | |||
CMS Energy Corp. | 25,167 | 1,590,303 | |||
Constellation Energy Corp. | 26,853 | 2,292,172 | |||
Exelon Corp. | 35,698 | 1,506,099 | |||
NextEra Energy Partners LP | 10,840 | 794,572 | |||
NextEra Energy, Inc. | 38,351 | 2,862,135 | |||
NiSource, Inc. | 20,715 | 574,841 | |||
PG&E Corp.* | 77,743 | 1,236,114 | |||
PPL Corp. | 19,939 | 590,194 | |||
SBA Communications Corp., REIT | 5,633 | 1,675,987 | |||
Sempra Energy | 15,343 | 2,459,943 | |||
Southern Co. (The) | 20,531 | 1,389,538 | |||
Targa Resources Corp. | 17,524 | 1,314,651 | |||
Union Pacific Corp. | 1,996 | 407,563 | |||
Waste Connections, Inc. | 4,707 | 625,560 |
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PGIM Jennison Global Infrastructure Fund
Schedule of Investments as of January 31, 2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
United States (cont’d.) | |||||
Williams Cos., Inc. (The) | 35,580 | $1,147,099 | |||
Xcel Energy, Inc. | 21,051 | 1,447,677 | |||
28,173,943 | |||||
Total Common Stocks (cost $51,861,539) | 60,031,572 |
Units | |||||
Rights* 0.1% | |||||
Spain | |||||
Sacyr SA, expiring 02/03/23^ (cost $25,376) | 404,010 | 27,319 | |||
Total Long-Term Investments (cost $51,886,915) | 60,058,891 |
Shares | |||||
Short-Term Investment 0.5% | |||||
Unaffiliated Fund | |||||
Dreyfus Government Cash Management (Institutional Shares) (cost $290,138) | 290,138 | 290,138 | |||
TOTAL INVESTMENTS 100.1% (cost $52,177,053) | 60,349,029 | ||||
Liabilities in excess of other assets (0.1)% | (42,514) | ||||
Net Assets 100.0% | $60,306,515 |
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. | |
LP—Limited Partnership | |
REITs—Real Estate Investment Trust | |
UTS—Unit Trust Security |
* | Non-income producing security. |
^ | Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $27,319 and 0.0% of net assets. |
(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 $1,091,311. The aggregate value of $1,242,826 is 2.1% of net assets. |
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PGIM Jennison Global Infrastructure Fund
Schedule of Investments as of January 31, 2023 (unaudited) (continued)
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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