PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 98.1% | |||||
Common Stocks 94.5% | |||||
Australia 5.5% | |||||
BHP Group Ltd. | 37,412 | $1,144,584 | |||
BlueScope Steel Ltd. | 43,006 | 656,629 | |||
Brambles Ltd. | 10,712 | 102,136 | |||
Fortescue Ltd. | 77,216 | 1,492,334 | |||
Glencore PLC | 239,020 | 1,264,645 | |||
Goodman Group, REIT | 86,714 | 1,439,381 | |||
Helia Group Ltd. | 368,040 | 1,183,471 | |||
Iluka Resources Ltd. | 28,000 | 130,776 | |||
JB Hi-Fi Ltd. | 21,326 | 793,380 | |||
Medibank Private Ltd. | 416,856 | 1,043,658 | |||
Rio Tinto Ltd. | 3,134 | 269,673 | |||
Rio Tinto PLC | 10,202 | 706,177 | |||
Stockland, REIT | 17,388 | 51,349 | |||
West African Resources Ltd.* | 297,147 | 188,341 | |||
Woolworths Group Ltd. | 4,023 | 94,480 | |||
10,561,014 | |||||
Austria 0.1% | |||||
Erste Group Bank AG | 3,175 | 136,774 | |||
Belgium 0.1% | |||||
Proximus SADP | 9,800 | 92,995 | |||
Tessenderlo Group SA | 3,385 | 96,913 | |||
189,908 | |||||
Brazil 1.8% | |||||
Banco do Brasil SA | 122,100 | 1,393,415 | |||
Centrais Eletricas Brasileiras SA | 9,200 | 75,911 | |||
CPFL Energia SA | 31,500 | 230,350 | |||
Odontoprev SA | 15,000 | 36,483 | |||
Petroleo Brasileiro SA | 27,900 | 239,389 | |||
Telefonica Brasil SA | 97,600 | 1,010,593 | |||
TIM SA | 24,300 | 85,440 | |||
Vale SA | 26,600 | 365,036 | |||
3,436,617 | |||||
Canada 6.2% | |||||
Agnico Eagle Mines Ltd. | 3,700 | 181,856 | |||
Alimentation Couche-Tard, Inc. | 21,700 | 1,271,543 | |||
ARC Resources Ltd. | 3,000 | 46,592 |
1
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Canada (cont’d.) | |||||
Capital Power Corp. | 3,300 | $90,720 | |||
Celestica, Inc.* | 21,000 | 721,790 | |||
Dollarama, Inc. | 14,900 | 1,093,520 | |||
Element Fleet Management Corp. | 40,900 | 689,956 | |||
Fairfax Financial Holdings Ltd. | 1,500 | 1,563,617 | |||
Finning International, Inc. | 2,800 | 81,035 | |||
George Weston Ltd. | 6,800 | 866,406 | |||
Great-West Lifeco, Inc. | 17,500 | 584,179 | |||
Imperial Oil Ltd. | 1,600 | 92,291 | |||
Loblaw Cos. Ltd. | 9,800 | 979,307 | |||
Magna International, Inc. | 2,200 | 125,034 | |||
Manulife Financial Corp. | 62,900 | 1,390,448 | |||
Open Text Corp. | 2,300 | 100,300 | |||
Parex Resources, Inc. | 31,500 | 521,544 | |||
Parkland Corp. | 2,000 | 68,251 | |||
Russel Metals, Inc. | 6,100 | 200,044 | |||
Sun Life Financial, Inc. | 24,900 | 1,290,700 | |||
Whitecap Resources, Inc. | 7,500 | 48,533 | |||
12,007,666 | |||||
Chile 0.0% | |||||
Enel Chile SA | 1,404,400 | 84,277 | |||
China 8.1% | |||||
Alibaba Group Holding Ltd. | 24,700 | 221,534 | |||
ANTA Sports Products Ltd. | 104,000 | 877,807 | |||
Bank of Communications Co. Ltd. (Class H Stock) | 62,000 | 36,680 | |||
Bank of Shanghai Co. Ltd. (Class A Stock) | 315,700 | 281,059 | |||
Beijing Enterprises Holdings Ltd. | 30,000 | 108,580 | |||
BYD Co. Ltd. (Class H Stock) | 34,500 | 772,461 | |||
China BlueChemical Ltd. (Class H Stock) | 1,596,000 | 439,442 | |||
China CITIC Bank Corp. Ltd. (Class H Stock) | 1,326,000 | 657,168 | |||
China Construction Bank Corp. (Class H Stock) | 2,450,000 | 1,454,966 | |||
China Medical System Holdings Ltd. | 386,000 | 551,607 | |||
China Minsheng Banking Corp. Ltd. (Class H Stock) | 260,000 | 86,474 | |||
China Tower Corp. Ltd. (Class H Stock), 144A | 2,296,000 | 255,410 | |||
Chlitina Holding Ltd. | 48,000 | 288,951 | |||
Chongqing Rural Commercial Bank Co. Ltd. (Class A Stock) | 360,000 | 216,844 | |||
Foxconn Industrial Internet Co. Ltd. (Class A Stock) | 44,800 | 82,802 | |||
Gree Electric Appliances, Inc. of Zhuhai (Class A Stock) | 15,400 | 75,634 | |||
Hello Group, Inc., ADR | 82,400 | 483,688 | |||
Huaxia Bank Co. Ltd. (Class A Stock) | 79,200 | 66,742 | |||
KE Holdings, Inc., ADR | 23,900 | 338,663 |
2
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
China (cont’d.) | |||||
Kuaishou Technology, 144A* | 61,600 | $310,485 | |||
Li Auto, Inc. (Class A Stock)* | 5,200 | 71,879 | |||
Meihua Holdings Group Co. Ltd. (Class A Stock) | 205,200 | 284,661 | |||
NetEase, Inc. | 67,600 | 1,314,016 | |||
PDD Holdings, Inc., ADR* | 13,500 | 1,712,745 | |||
PetroChina Co. Ltd. (Class H Stock) | 1,512,000 | 1,093,729 | |||
Shanghai Rural Commercial Bank Co. Ltd. (Class A Stock) | 315,200 | 277,260 | |||
Shanxi Lu’an Environmental Energy Development Co. Ltd. (Class A Stock) | 73,300 | 241,692 | |||
Sinopharm Group Co. Ltd. (Class H Stock) | 86,000 | 226,136 | |||
Tencent Holdings Ltd. | 25,500 | 885,139 | |||
Tianqi Lithium Corp. (Class A Stock) | 22,300 | 144,536 | |||
Vipshop Holdings Ltd., ADR* | 2,600 | 41,314 | |||
Wilmar International Ltd. | 329,800 | 807,578 | |||
Xiaomi Corp. (Class B Stock), 144A* | 569,200 | 896,791 | |||
Yutong Bus Co. Ltd. (Class A Stock) | 50,000 | 105,455 | |||
15,709,928 | |||||
Denmark 2.3% | |||||
AP Moller - Maersk A/S (Class A Stock) | 23 | 41,705 | |||
Danske Bank A/S | 8,993 | 241,475 | |||
Novo Nordisk A/S (Class B Stock) | 34,468 | 3,939,846 | |||
Scandinavian Tobacco Group A/S, 144A | 15,916 | 285,916 | |||
4,508,942 | |||||
Finland 0.2% | |||||
Kemira OYJ | 13,470 | 252,122 | |||
Wartsila OYJ Abp | 4,662 | 68,772 | |||
320,894 | |||||
France 5.5% | |||||
Accor SA | 10,752 | 424,634 | |||
Amundi SA, 144A | 530 | 35,848 | |||
Carrefour SA | 4,216 | 71,977 | |||
Cie de Saint-Gobain SA | 15,731 | 1,112,285 | |||
Coface SA | 20,401 | 275,674 | |||
Credit Agricole SA | 62,903 | 901,076 | |||
Hermes International SCA | 749 | 1,580,135 | |||
Ipsen SA | 2,616 | 301,622 | |||
Klepierre SA, REIT | 38,188 | 988,714 | |||
La Francaise des Jeux SAEM, 144A | 920 | 37,291 | |||
LVMH Moet Hennessy Louis Vuitton SE | 756 | 629,037 |
3
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
France (cont’d.) | |||||
Publicis Groupe SA | 14,939 | $1,496,791 | |||
Rubis SCA | 1,848 | 46,730 | |||
Sopra Steria Group | 1,448 | 339,634 | |||
TotalEnergies SE | 10,089 | 654,530 | |||
Unibail-Rodamco-Westfield, REIT* | 816 | 58,429 | |||
Vinci SA | 12,698 | 1,604,041 | |||
10,558,448 | |||||
Georgia 0.1% | |||||
Bank of Georgia Group PLC | 5,808 | 278,619 | |||
Germany 5.5% | |||||
Bayerische Motoren Werke AG | 11,605 | 1,207,536 | |||
CTS Eventim AG & Co. KGaA | 1,352 | 91,500 | |||
Daimler Truck Holding AG | 30,009 | 1,072,437 | |||
Deutsche Bank AG | 80,249 | 1,036,635 | |||
Deutsche Lufthansa AG* | 39,303 | 326,819 | |||
Deutsche Telekom AG | 24,119 | 592,069 | |||
GEA Group AG | 1,600 | 64,078 | |||
Heidelberg Materials AG | 13,066 | 1,206,573 | |||
Henkel AG & Co. KGaA | 770 | 52,661 | |||
Krones AG | 806 | 99,884 | |||
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 3,650 | 1,553,875 | |||
Nemetschek SE | 6,595 | 608,545 | |||
Salzgitter AG | 2,574 | 71,792 | |||
SAP SE | 399 | 69,125 | |||
Scout24 SE, 144A | 1,300 | 95,719 | |||
Siemens AG | 11,001 | 1,969,442 | |||
Suedzucker AG | 6,970 | 98,256 | |||
Talanx AG | 4,430 | 310,813 | |||
10,527,759 | |||||
Greece 0.3% | |||||
Eurobank Ergasias Services & Holdings SA* | 263,128 | 507,170 | |||
National Bank of Greece SA* | 16,350 | 124,311 | |||
631,481 | |||||
Hong Kong 0.4% | |||||
WH Group Ltd., 144A | 1,223,000 | 721,564 | |||
India 3.1% | |||||
Balrampur Chini Mills Ltd. | 19,700 | 93,916 |
4
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
India (cont’d.) | |||||
Birlasoft Ltd. | 15,444 | $157,784 | |||
Cipla Ltd. | 3,146 | 51,167 | |||
Colgate-Palmolive India Ltd. | 1,280 | 39,642 | |||
Dr. Reddy’s Laboratories Ltd. | 1,400 | 102,868 | |||
HCL Technologies Ltd. | 7,070 | 134,087 | |||
Hindalco Industries Ltd. | 147,867 | 1,029,830 | |||
ITC Ltd. | 75,583 | 401,806 | |||
KPIT Technologies Ltd. | 6,938 | 129,572 | |||
Oil & Natural Gas Corp. Ltd. | 494,542 | 1,502,278 | |||
Power Grid Corp. of India Ltd. | 440,405 | 1,375,538 | |||
Tata Motors Ltd. | 52,696 | 560,835 | |||
Zensar Technologies Ltd. | 55,019 | 380,438 | |||
5,959,761 | |||||
Indonesia 0.4% | |||||
Astra International Tbk PT | 691,600 | 224,107 | |||
Bank Mandiri Persero Tbk PT | 264,000 | 111,148 | |||
First Pacific Co. Ltd. | 902,000 | 342,613 | |||
677,868 | |||||
Ireland 0.6% | |||||
AerCap Holdings NV* | 14,000 | 1,071,840 | |||
Israel 0.8% | |||||
Check Point Software Technologies Ltd.* | 8,000 | 1,271,440 | |||
Nice Ltd.* | 839 | 174,078 | |||
Plus500 Ltd. | 4,875 | 110,257 | |||
Wix.com Ltd.* | 400 | 50,752 | |||
1,606,527 | |||||
Italy 1.5% | |||||
BPER Banca | 27,050 | 97,566 | |||
Brunello Cucinelli SpA | 1,100 | 109,050 | |||
Intesa Sanpaolo SpA | 429,471 | 1,323,327 | |||
UniCredit SpA | 45,871 | 1,343,656 | |||
Unipol Gruppo SpA | 17,784 | 110,432 | |||
2,984,031 | |||||
Japan 12.6% | |||||
Aeon Mall Co. Ltd. | 7,500 | 92,835 | |||
ASAHI YUKIZAI Corp. | 3,300 | 91,804 |
5
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Japan (cont’d.) | |||||
Asics Corp. | 2,500 | $75,965 | |||
BIPROGY, Inc. | 9,400 | 275,218 | |||
Central Japan Railway Co. | 11,500 | 287,415 | |||
Chugai Pharmaceutical Co. Ltd. | 31,300 | 1,125,868 | |||
Daiichikosho Co. Ltd. | 3,600 | 49,320 | |||
Denso Corp. | 6,200 | 97,390 | |||
Disco Corp. | 4,600 | 1,241,260 | |||
Electric Power Development Co. Ltd. | 41,000 | 688,698 | |||
Fujikura Ltd. | 114,800 | 943,715 | |||
Goldwin, Inc. | 800 | 53,815 | |||
GungHo Online Entertainment, Inc.* | 41,300 | 694,351 | |||
Hitachi Zosen Corp. | 15,000 | 92,555 | |||
Inpex Corp. | 41,200 | 560,010 | |||
JAFCO Group Co. Ltd. | 78,300 | 928,693 | |||
Japan Airlines Co. Ltd.(a) | 29,100 | 559,179 | |||
Japan Lifeline Co. Ltd. | 21,400 | 190,956 | |||
Japan Tobacco, Inc. | 46,400 | 1,222,983 | |||
KDX Realty Investment Corp., REIT | 33 | 35,797 | |||
Leopalace21 Corp.* | 28,600 | 80,001 | |||
Mazda Motor Corp. | 86,400 | 1,047,466 | |||
Mitsubishi UFJ Financial Group, Inc. | 142,000 | 1,330,050 | |||
MIXI, Inc. | 5,400 | 92,626 | |||
Mori Hills REIT Investment Corp., REIT | 84 | 78,175 | |||
NEC Corp. | 3,900 | 254,844 | |||
Nippon Steel Corp.(a) | 53,000 | 1,275,428 | |||
NTN Corp.(a) | 484,400 | 885,851 | |||
Open Up Group, Inc. | 16,600 | 257,127 | |||
Otsuka Holdings Co. Ltd. | 26,700 | 1,049,532 | |||
Park24 Co. Ltd.* | 7,400 | 96,694 | |||
Rakus Co. Ltd. | 9,000 | 147,925 | |||
Recruit Holdings Co. Ltd. | 15,700 | 620,130 | |||
Renesas Electronics Corp.* | 26,800 | 439,723 | |||
RS Technologies Co. Ltd. | 6,500 | 126,183 | |||
Sangetsu Corp. | 7,900 | 174,008 | |||
Sanrio Co. Ltd. | 2,200 | 91,866 | |||
Santen Pharmaceutical Co. Ltd. | 18,900 | 190,934 | |||
Sanwa Holdings Corp. | 16,000 | 244,547 | |||
SCREEN Holdings Co. Ltd. | 13,700 | 1,343,413 | |||
SHIFT, Inc.* | 2,200 | 396,601 | |||
Shionogi & Co. Ltd. | 23,300 | 1,118,317 | |||
Sompo Holdings, Inc. | 12,600 | 653,328 | |||
Subaru Corp. | 28,800 | 574,540 | |||
Sumitomo Electric Industries Ltd. | 5,200 | 69,116 | |||
Sumitomo Rubber Industries Ltd. | 7,800 | 90,359 |
6
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Japan (cont’d.) | |||||
Suzuki Motor Corp. | 3,600 | $161,707 | |||
Tamron Co. Ltd. | 6,000 | 227,353 | |||
TIS, Inc. | 1,600 | 35,587 | |||
Tokyo Electric Power Co. Holdings, Inc.* | 43,800 | 233,198 | |||
Tokyo Gas Co. Ltd. | 21,500 | 493,896 | |||
Tokyo Seimitsu Co. Ltd. | 1,500 | 97,161 | |||
Tomy Co. Ltd. | 3,400 | 55,783 | |||
Toyota Boshoku Corp. | 20,800 | 342,728 | |||
Toyota Motor Corp. | 30,565 | 610,316 | |||
Visional, Inc.* | 1,700 | 106,398 | |||
24,400,738 | |||||
Luxembourg 0.6% | |||||
ArcelorMittal SA | 41,677 | 1,147,786 | |||
Mexico 0.4% | |||||
Banco del Bajio SA, 144A | 170,900 | 652,263 | |||
Cemex SAB de CV, UTS* | 106,400 | 88,216 | |||
740,479 | |||||
Netherlands 4.0% | |||||
ASM International NV | 2,048 | 1,135,071 | |||
ASML Holding NV | 2,339 | 2,029,289 | |||
BE Semiconductor Industries NV | 1,476 | 221,811 | |||
EXOR NV | 1,728 | 167,189 | |||
ING Groep NV | 93,756 | 1,332,129 | |||
Koninklijke Ahold Delhaize NV | 25,463 | 716,100 | |||
Shell PLC | 68,455 | 2,122,264 | |||
7,723,853 | |||||
Norway 0.7% | |||||
DNB Bank ASA | 41,323 | 803,308 | |||
Equinor ASA | 20,862 | 597,010 | |||
1,400,318 | |||||
Poland 0.2% | |||||
Alior Bank SA* | 5,250 | 98,746 | |||
Bank Polska Kasa Opieki SA | 1,308 | 50,314 |
7
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Poland (cont’d.) | |||||
Powszechna Kasa Oszczednosci Bank Polski SA | 7,600 | $96,429 | |||
Powszechny Zaklad Ubezpieczen SA | 4,298 | 51,749 | |||
297,238 | |||||
Qatar 0.3% | |||||
Ooredoo QPSC | 228,249 | 670,027 | |||
Russia 0.0% | |||||
Inter RAO UES PJSC^ | 13,660,000 | 15 | |||
LUKOIL PJSC^ | 14,283 | — | |||
Polyus PJSC*^ | 1,450 | — | |||
Rosneft Oil Co. PJSC^ | 155,425 | — | |||
Sberbank of Russia PJSC^ | 366,709 | 1 | |||
16 | |||||
Saudi Arabia 0.3% | |||||
Dr. Sulaiman Al Habib Medical Services Group Co. | 1,248 | 96,473 | |||
Etihad Etisalat Co. | 8,294 | 115,271 | |||
SABIC Agri-Nutrients Co. | 5,825 | 198,608 | |||
Saudi Telecom Co. | 10,918 | 118,805 | |||
529,157 | |||||
Singapore 1.2% | |||||
BW LPG Ltd., 144A | 21,126 | 260,001 | |||
Hafnia Ltd. | 5,230 | 38,032 | |||
Oversea-Chinese Banking Corp. Ltd. | 126,000 | 1,205,238 | |||
Singapore Airlines Ltd. | 163,400 | 811,000 | |||
2,314,271 | |||||
South Africa 0.2% | |||||
Standard Bank Group Ltd. | 42,125 | 448,447 | |||
South Korea 5.0% | |||||
DB Insurance Co. Ltd.* | 12,339 | 813,953 | |||
Doosan Bobcat, Inc. | 1,712 | 65,200 | |||
Hana Financial Group, Inc. | 34,217 | 1,223,513 | |||
Hyundai Glovis Co. Ltd.* | 624 | 81,708 | |||
Hyundai Mobis Co. Ltd. | 5,877 | 921,240 | |||
Hyundai Motor Co. | 3,799 | 552,566 | |||
Industrial Bank of Korea* | 14,867 | 139,488 | |||
JB Financial Group Co. Ltd. | 14,248 | 122,255 |
8
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
South Korea (cont’d.) | |||||
KB Financial Group, Inc. | 27,988 | $1,187,747 | |||
Kia Corp.* | 20,363 | 1,564,104 | |||
OCI Holdings Co. Ltd.* | 1,000 | 77,998 | |||
Samsung C&T Corp. | 12,385 | 1,279,426 | |||
Samsung Electronics Co. Ltd. | 18,948 | 1,029,574 | |||
Samsung Life Insurance Co. Ltd. | 3,379 | 175,592 | |||
Samsung Securities Co. Ltd. | 10,649 | 299,324 | |||
Shinhan Financial Group Co. Ltd. | 3,225 | 98,814 | |||
SK Telecom Co. Ltd. | 1,010 | 37,975 | |||
9,670,477 | |||||
Spain 1.7% | |||||
ACS Actividades de Construccion y Servicios SA | 1,566 | 61,795 | |||
Banco Bilbao Vizcaya Argentaria SA | 125,770 | 1,177,137 | |||
Endesa SA | 21,392 | 423,817 | |||
Industria de Diseno Textil SA | 38,766 | 1,657,533 | |||
3,320,282 | |||||
Sweden 3.3% | |||||
Atlas Copco AB (Class A Stock) | 64,861 | 1,035,144 | |||
Atlas Copco AB (Class B Stock) | 14,008 | 193,982 | |||
Boliden AB | 6,321 | 167,776 | |||
Epiroc AB (Class B Stock) | 2,938 | 45,809 | |||
Essity AB (Class B Stock) | 40,791 | 957,907 | |||
Investor AB (Class B Stock) | 7,035 | 165,637 | |||
Scandic Hotels Group AB, 144A* | 50,175 | 231,165 | |||
Skandinaviska Enskilda Banken AB (Class A Stock) | 63,075 | 895,800 | |||
SSAB AB (Class A Stock) | 12,800 | 99,582 | |||
Svenska Handelsbanken AB (Class A Stock) | 10,881 | 117,301 | |||
Swedbank AB (Class A Stock) | 51,604 | 1,051,586 | |||
Volvo AB (Class B Stock) | 60,820 | 1,457,571 | |||
6,419,260 | |||||
Switzerland 3.3% | |||||
ABB Ltd. | 37,842 | 1,601,165 | |||
Kuehne + Nagel International AG | 1,476 | 500,186 | |||
Logitech International SA | 11,970 | 1,003,484 | |||
Novartis AG | 24,485 | 2,532,087 | |||
Sandoz Group AG* | 1,221 | 41,874 |
9
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Switzerland (cont’d.) | |||||
Schindler Holding AG | 170 | $40,467 | |||
UBS Group AG | 24,892 | 745,083 | |||
6,464,346 | |||||
Taiwan 5.3% | |||||
Accton Technology Corp. | 15,000 | 252,338 | |||
Acer, Inc. | 144,000 | 211,478 | |||
Asustek Computer, Inc. | 5,000 | 70,997 | |||
Compal Electronics, Inc. | 126,000 | 144,504 | |||
Evergreen Marine Corp. Taiwan Ltd. | 134,000 | 642,740 | |||
Hon Hai Precision Industry Co. Ltd. | 53,000 | 173,375 | |||
Largan Precision Co. Ltd. | 1,000 | 79,285 | |||
Makalot Industrial Co. Ltd. | 7,000 | 80,298 | |||
MediaTek, Inc. | 21,000 | 648,010 | |||
Novatek Microelectronics Corp. | 41,000 | 667,878 | |||
Quanta Computer, Inc. | 175,000 | 1,383,728 | |||
TaiDoc Technology Corp. | 37,000 | 188,838 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. | 219,000 | 4,384,051 | |||
Wistron Corp. | 277,000 | 1,014,187 | |||
Wiwynn Corp. | 3,000 | 211,503 | |||
10,153,210 | |||||
Thailand 0.4% | |||||
Bumrungrad Hospital PCL | 109,300 | 739,484 | |||
Turkey 0.5% | |||||
KOC Holding A/S | 14,692 | 77,595 | |||
Turkcell Iletisim Hizmetleri A/S | 16,580 | 37,385 | |||
Turkiye Is Bankasi A/S (Class C Stock) | 890,790 | 751,112 | |||
Yapi ve Kredi Bankasi A/S | 260,993 | 187,458 | |||
1,053,550 | |||||
United Arab Emirates 1.3% | |||||
Emaar Properties PJSC | 616,930 | 1,247,353 | |||
Emirates NBD Bank PJSC | 254,782 | 1,227,031 | |||
2,474,384 | |||||
United Kingdom 7.1% | |||||
3i Group PLC | 39,737 | 1,243,965 | |||
Associated British Foods PLC | 2,562 | 75,885 | |||
AstraZeneca PLC | 3,469 | 459,909 |
10
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
United Kingdom (cont’d.) | |||||
B&M European Value Retail SA | 12,600 | $82,577 | |||
BAE Systems PLC | 76,100 | 1,133,621 | |||
BP PLC | 98,350 | 574,405 | |||
British American Tobacco PLC | 42,085 | 1,240,818 | |||
BT Group PLC | 99,740 | 141,305 | |||
Centrica PLC | 380,197 | 665,364 | |||
DCC PLC | 714 | 51,908 | |||
easyJet PLC* | 13,900 | 97,314 | |||
Games Workshop Group PLC | 650 | 81,419 | |||
HSBC Holdings PLC | 227,703 | 1,777,837 | |||
Imperial Brands PLC | 56,338 | 1,352,401 | |||
Informa PLC | 10,476 | 102,891 | |||
Investec PLC | 29,783 | 193,903 | |||
Man Group PLC | 94,800 | 283,430 | |||
Mitie Group PLC | 65,772 | 85,701 | |||
Next PLC | 875 | 93,412 | |||
Paragon Banking Group PLC | 14,150 | 126,028 | |||
Rolls-Royce Holdings PLC* | 404,635 | 1,536,177 | |||
Serco Group PLC | 89,954 | 196,292 | |||
Shaftesbury Capital PLC, REIT | 59,075 | 99,517 | |||
Taylor Wimpey PLC | 26,533 | 49,537 | |||
Tesco PLC | 120,971 | 438,353 | |||
Unilever PLC | 8,374 | 407,481 | |||
Whitbread PLC | 22,622 | 1,025,409 | |||
13,616,859 | |||||
United States 3.6% | |||||
GSK PLC | 87,086 | 1,722,364 | |||
Holcim AG* | 19,262 | 1,471,210 | |||
James Hardie Industries PLC, CDI* | 5,150 | 193,488 | |||
Nestle SA | 11,624 | 1,324,562 | |||
Roche Holding AG | 7,819 | 2,226,197 | |||
6,937,821 | |||||
Total Common Stocks (cost $161,823,214) | 182,495,921 | ||||
Preferred Stocks 1.7% | |||||
Brazil 1.5% | |||||
Cia Energetica de Minas Gerais (PRFC) | 389,469 | 907,168 |
11
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Shares | Value | |||
Preferred Stocks (Continued) | |||||
Brazil (cont’d.) | |||||
Gerdau SA (PRFC) | 60,900 | $258,995 | |||
Petroleo Brasileiro SA (PRFC) | 204,800 | 1,684,482 | |||
2,850,645 | |||||
Germany 0.1% | |||||
Bayerische Motoren Werke AG (PRFC) | 418 | 40,843 | |||
Henkel AG & Co. KGaA (PRFC) | 1,175 | 90,073 | |||
130,916 | |||||
South Korea 0.1% | |||||
Samsung Electronics Co. Ltd. (PRFC) | 6,505 | 284,632 | |||
Total Preferred Stocks (cost $2,215,529) | 3,266,193 | ||||
Unaffiliated Exchange-Traded Funds 1.9% | |||||
United States | |||||
iShares MSCI EAFE ETF(a) | 38,000 | 2,850,380 | |||
iShares MSCI Emerging Markets ETF | 24,300 | 932,877 | |||
Total Unaffiliated Exchange-Traded Funds (cost $3,637,800) | 3,783,257 | ||||
Total Long-Term Investments (cost $167,676,543) | 189,545,371 | ||||
Short-Term Investments 4.1% | |||||
Affiliated Mutual Funds 3.9% | |||||
PGIM Core Government Money Market Fund (7-day effective yield 5.560%)(wb) | 2,252,180 | 2,252,180 | |||
PGIM Institutional Money Market Fund (7-day effective yield 5.727%) (cost $5,245,088; includes $5,236,845 of cash collateral for securities on loan)(b)(wb) | 5,246,521 | 5,244,946 | |||
Total Affiliated Mutual Funds (cost $7,497,268) | 7,497,126 |
12
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Treasury Obligation(k)(n) 0.2% | |||||
U.S. Treasury Bills (cost $397,580) | 5.257 % | 03/14/24 | 400 | $397,537 | |
Total Short-Term Investments (cost $7,894,848) | 7,894,663 | ||||
TOTAL INVESTMENTS 102.2% (cost $175,571,391) | 197,440,034 | ||||
Liabilities in excess of other assets(z) (2.2)% | (4,255,577) | ||||
Net Assets 100.0% | $193,184,457 |
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 | |
CDI—Chess Depository Interest | |
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 $16 and 0.0% of net assets. |
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $5,033,634; cash collateral of $5,236,845 (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. |
(wb) | Represents an investment in a Fund affiliated with the Manager. |
(z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments: |
13
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2024 (unaudited) (continued)
Futures contracts outstanding at January 31, 2024: | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
30 | Mini MSCI EAFE Index | Mar. 2024 | $3,349,500 | $100,591 | ||||
31 | Mini MSCI Emerging Markets Index | Mar. 2024 | 1,520,240 | (12,017) | ||||
$88,574 |
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