PGIM Jennison Global Equity Income Fund
Schedule of Investments as of July 31,
2020 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 99.3% | |||||
Common Stocks 93.5% | |||||
Australia 3.1% | |||||
APA Group | 2,386,156 | $18,713,477 | |||
Transurban Group | 1,151,566 | 11,380,876 | |||
30,094,353 | |||||
Canada 2.6% | |||||
Enbridge, Inc. | 591,182 | 18,921,178 | |||
Pembina Pipeline Corp. | 267,182 | 6,492,795 | |||
25,413,973 | |||||
France 7.8% | |||||
AXA SA | 1,264,763 | 25,475,073 | |||
Cie Generale des Etablissements Michelin SCA | 101,569 | 10,576,873 | |||
Sanofi | 252,906 | 26,552,167 | |||
TOTAL SE, ADR | 352,014 | 13,256,847 | |||
75,860,960 | |||||
Germany 4.2% | |||||
RWE AG | 379,353 | 14,279,918 | |||
SAP SE | 62,363 | 9,801,387 | |||
Telefonica Deutschland Holding AG | 6,185,511 | 17,115,279 | |||
41,196,584 | |||||
Italy 2.4% | |||||
Enel SpA | 2,545,902 | 23,135,633 | |||
Netherlands 1.8% | |||||
Akzo Nobel NV | 186,113 | 17,474,893 | |||
Spain 4.0% | |||||
Ferrovial SA | 343,456 | 8,331,090 | |||
Iberdrola SA | 2,357,177 | 30,117,569 | |||
Iberdrola SA* | 55,066 | 703,578 | |||
39,152,237 | |||||
Sweden 1.0% | |||||
Tele2 AB (Class B Stock) | 729,573 | 10,295,435 |
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PGIM Jennison Global Equity Income Fund
Schedule of Investments as of July 31,
2020 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Switzerland 5.0% | |||||
Nestle SA | 142,625 | $16,978,530 | |||
Zurich Insurance Group AG | 87,779 | 32,161,911 | |||
49,140,441 | |||||
Taiwan 2.5% | |||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR(a) | 308,834 | 24,363,914 | |||
United Kingdom 12.1% | |||||
AstraZeneca PLC, ADR | 502,499 | 28,029,394 | |||
GlaxoSmithKline PLC | 1,379,564 | 27,656,471 | |||
Linde PLC | 136,164 | 33,375,158 | |||
National Grid PLC | 757,238 | 8,981,363 | |||
Reckitt Benckiser Group PLC | 130,231 | 13,153,511 | |||
Vodafone Group PLC, ADR(a) | 431,413 | 6,557,478 | |||
117,753,375 | |||||
United States 47.0% | |||||
AbbVie, Inc. | 106,266 | 10,085,706 | |||
American Campus Communities, Inc., REIT | 631,441 | 22,504,557 | |||
Apple, Inc. | 85,066 | 36,156,453 | |||
ConocoPhillips | 207,832 | 7,770,838 | |||
Crown Castle International Corp., REIT | 143,232 | 23,876,774 | |||
D.R. Horton, Inc. | 172,878 | 11,437,608 | |||
Deere & Co. | 60,930 | 10,742,568 | |||
Gateway Energy & Resource Holdings LLC Private Placement, (original cost $2,000,000; purchased 12/14/07), 144A*^(f) | 100,000 | 389,833 | |||
Home Depot, Inc. (The) | 74,173 | 19,692,190 | |||
Intel Corp. | 145,872 | 6,962,471 | |||
Johnson Controls International PLC | 301,002 | 11,582,557 | |||
JPMorgan Chase & Co. | 229,988 | 22,226,040 | |||
Lam Research Corp. | 45,562 | 17,184,164 | |||
McDonald’s Corp. | 55,910 | 10,862,195 | |||
MetLife, Inc. | 456,222 | 17,268,003 | |||
Microsoft Corp. | 118,806 | 24,356,418 | |||
PepsiCo, Inc. | 145,442 | 20,021,546 | |||
PNC Financial Services Group, Inc. (The) | 125,871 | 13,426,660 | |||
Procter & Gamble Co. (The) | 121,403 | 15,918,361 | |||
Prologis, Inc., REIT | 308,884 | 32,562,551 | |||
QUALCOMM, Inc. | 271,332 | 28,655,373 | |||
Raytheon Technologies Corp. | 75,669 | 4,288,919 | |||
Texas Instruments, Inc. | 217,969 | 27,801,946 | |||
Truist Financial Corp. | 397,022 | 14,872,444 | |||
Union Pacific Corp. | 132,638 | 22,992,797 |
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PGIM Jennison Global Equity Income Fund
Schedule of Investments as of July 31,
2020 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
United States (cont’d.) | |||||
Walmart, Inc. | 131,405 | $17,003,807 | |||
Williams Cos., Inc. (The) | 364,081 | 6,964,870 | |||
457,607,649 | |||||
Total Common Stocks (cost $843,084,088) | 911,489,447 | ||||
Preferred Stocks 5.8% | |||||
Canada 1.8% | |||||
GFL Environmental, Inc., CVT, 6.000% | 307,787 | 17,029,855 | |||
United States 4.0% | |||||
American Electric Power Co., Inc., CVT, 6.125%(a) | 155,220 | 8,009,352 | |||
Aptiv PLC, Series A, CVT, 5.500%* | 99,880 | 10,208,735 | |||
Danaher Corp., Series B, CVT, 5.000%(a) | 5,000 | 6,125,200 | |||
Sempra Energy, Series A, CVT, 6.000%(a) | 144,097 | 14,718,067 | |||
39,061,354 | |||||
Total Preferred Stocks (cost $52,728,493) | 56,091,209 | ||||
Total Long-Term Investments (cost $895,812,581) | 967,580,656 | ||||
Short-Term Investments 5.0% | |||||
Affiliated Mutual Funds | |||||
PGIM Core Ultra Short Bond Fund(w) | 3,189,183 | 3,189,183 | |||
PGIM Institutional Money Market Fund (cost $45,853,682; includes $45,837,511 of cash collateral for securities on loan)(b)(w) | 45,883,629 | 45,879,040 | |||
Total Short-Term Investments (cost $49,042,865) | 49,068,223 | ||||
TOTAL INVESTMENTS 104.3% (cost $944,855,446) | 1,016,648,879 | ||||
Liabilities in excess of other assets (4.3)% | (42,126,249) | ||||
Net Assets 100.0% | $974,522,630 |
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PGIM Jennison Global Equity Income Fund
Schedule of Investments as of July 31,
2020 (unaudited) (continued)
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 | |
CVT—Convertible Security | |
REITs—Real Estate Investment Trust |
* | Non-income producing security. |
^ | Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $389,833 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 $44,557,802; cash collateral of $45,837,511 (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. |
(f) | Indicates a restricted security; the aggregate original cost of such securities is $2,000,000. The aggregate value of $389,833 is 0.0% of net assets. |
(w) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Ultra Short Bond Fund and PGIM Institutional Money Market Fund. |
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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