PGIM US Real Estate Fund
Schedule of Investments as of June 30, 2021 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 99.1% | |||||
Common Stocks | |||||
Diversified REITs 2.8% | |||||
Essential Properties Realty Trust, Inc. | 46,889 | $1,267,878 | |||
Health Care REITs 14.4% | |||||
CareTrust REIT, Inc. | 653 | 15,169 | |||
Community Healthcare Trust, Inc. | 11,760 | 558,130 | |||
Global Medical REIT, Inc. | 69,035 | 1,018,956 | |||
New Senior Investment Group, Inc. | 110,287 | 968,320 | |||
Ventas, Inc. | 3,476 | 198,480 | |||
Welltower, Inc. | 46,708 | 3,881,435 | |||
6,640,490 | |||||
Hotel & Resort REITs 6.3% | |||||
Host Hotels & Resorts, Inc.* | 40,761 | 696,606 | |||
MGM Growth Properties LLC (Class A Stock) | 15,283 | 559,664 | |||
Park Hotels & Resorts, Inc.* | 29,195 | 601,709 | |||
Pebblebrook Hotel Trust | 23,617 | 556,180 | |||
RLJ Lodging Trust | 13,615 | 207,356 | |||
Xenia Hotels & Resorts, Inc.* | 14,228 | 266,490 | |||
2,888,005 | |||||
Industrial REITs 15.0% | |||||
Americold Realty Trust | 2,622 | 99,243 | |||
Duke Realty Corp. | 23,626 | 1,118,691 | |||
First Industrial Realty Trust, Inc. | 17,245 | 900,706 | |||
Prologis, Inc. | 31,400 | 3,753,242 | |||
Rexford Industrial Realty, Inc. | 17,998 | 1,024,986 | |||
6,896,868 | |||||
Office REITs 7.5% | |||||
Boston Properties, Inc. | 9,505 | 1,089,178 | |||
Columbia Property Trust, Inc. | 42,727 | 743,023 | |||
Highwoods Properties, Inc. | 18,084 | 816,854 | |||
Kilroy Realty Corp. | 11,806 | 822,170 | |||
3,471,225 | |||||
Residential REITs 21.9% | |||||
American Homes 4 Rent (Class A Stock) | 30,854 | 1,198,678 | |||
Camden Property Trust | 13,886 | 1,842,256 | |||
Equity Residential | 20,369 | 1,568,413 |
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PGIM US Real Estate Fund
Schedule of Investments as of June 30, 2021 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Residential REITs (cont’d.) | |||||
Essex Property Trust, Inc. | 9,598 | $2,879,496 | |||
Invitation Homes, Inc. | 14,583 | 543,800 | |||
Sun Communities, Inc. | 3,235 | 554,479 | |||
UDR, Inc. | 30,138 | 1,476,159 | |||
10,063,281 | |||||
Retail REITs 13.9% | |||||
Acadia Realty Trust | 50,256 | 1,103,622 | |||
National Retail Properties, Inc. | 23,847 | 1,117,947 | |||
NETSTREIT Corp. | 18,344 | 423,013 | |||
Regency Centers Corp. | 18,056 | 1,156,848 | |||
Simon Property Group, Inc. | 16,281 | 2,124,345 | |||
Urban Edge Properties | 25,214 | 481,587 | |||
6,407,362 | |||||
Specialized REITs 17.3% | |||||
CyrusOne, Inc. | 4,538 | 324,558 | |||
Digital Realty Trust, Inc. | 10,225 | 1,538,453 | |||
Equinix, Inc. | 3,192 | 2,561,899 | |||
Extra Space Storage, Inc. | 6,972 | 1,142,153 | |||
Gaming & Leisure Properties, Inc. | 2,317 | 107,347 | |||
Life Storage, Inc. | 10,352 | 1,111,287 | |||
Public Storage | 3,258 | 979,648 | |||
VICI Properties, Inc. | 6,476 | 200,886 | |||
7,966,231 | |||||
Total Long-Term Investments (cost $37,024,021) | 45,601,340 | ||||
Short-Term Investment 1.5% | |||||
Affiliated Mutual Fund | |||||
PGIM Core Ultra Short Bond Fund (cost $707,481)(wb) | 707,481 | 707,481 | |||
TOTAL INVESTMENTS 100.6% (cost $37,731,502) | 46,308,821 | ||||
Liabilities in excess of other assets (0.6)% | (297,325) | ||||
Net Assets 100.0% | $46,011,496 |
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PGIM US Real Estate Fund
Schedule of Investments as of June 30, 2021 (unaudited) (continued)
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
REITs—Real Estate Investment Trust |
* | Non-income producing security. |
(wb) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Ultra Short Bond 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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