PGIM Quant Solutions Commodity Strategies Fund
Consolidated Schedule of Investments (unaudited) as of April 30, 2024
Description | Shares | Value | |||
Short-Term Investments 100.8% | |||||
Affiliated Mutual Fund 13.7% | |||||
PGIM Core Government Money Market Fund (7-day effective yield 5.540%) (cost $6,456,635)(bb)(wb) | 6,456,635 | $6,456,635 |
Interest Rate | Maturity Date | Principal Amount (000)# | |||||
U.S. Treasury Obligations(n) 87.1% | |||||||
U.S. Treasury Bills | 5.195 % | 05/23/24(bb)(k) | 5,500 | 5,482,253 | |||
U.S. Treasury Bills | 5.316 | 07/11/24 | 22,500 | 22,266,703 | |||
U.S. Treasury Bills | 5.323 | 05/23/24 | 13,500 | 13,456,440 | |||
Total U.S. Treasury Obligations (cost $41,206,555) | 41,205,396 | ||||||
TOTAL INVESTMENTS 100.8% (cost $47,663,190) | 47,662,031 | ||||||
Liabilities in excess of other assets(z) (0.8)% | (367,555) | ||||||
Net Assets 100.0% | $47,294,476 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
LME—London Metal Exchange | |
PRI—Primary Rate Interface | |
RBOB—Reformulated Gasoline Blendstock for Oxygen Blending | |
ULSD—Ultra-Low Sulfur Diesel | |
WTI—West Texas Intermediate |
# | Principal amount is shown in U.S. dollars unless otherwise stated. |
(bb) | Represents security, or a portion thereof, held in the Cayman Subsidiary. |
(k) | Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives. |
(n) | Rate shown is the effective yield at purchase 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 Consolidated Schedule of Investments: |
Commodity Futures contracts outstanding at April 30, 2024(1): | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value/ Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
44 | Brent Crude | Jul. 2024 | $3,798,520 | $213,299 | ||||
21 | Coffee ’C’ | Jul. 2024 | 1,706,119 | 70,525 |
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PGIM Quant Solutions Commodity Strategies Fund
Consolidated Schedule of Investments (unaudited) (continued)
as of April 30, 2024
Commodity Futures contracts outstanding at April 30, 2024(1) (continued): | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value/ Unrealized Appreciation (Depreciation) | ||||
Long Positions (cont’d): | ||||||||
17 | Copper | Jul. 2024 | $1,939,913 | $129,308 | ||||
66 | Corn | Jul. 2024 | 1,474,275 | 6,717 | ||||
10 | Cotton No. 2 | Jul. 2024 | 392,150 | (54,582) | ||||
11 | Gasoline RBOB | Jul. 2024 | 1,226,194 | (15,694) | ||||
30 | Gold 100 OZ | Jun. 2024 | 6,908,700 | 402,426 | ||||
26 | Hard Red Winter Wheat | Jul. 2024 | 825,825 | 80,947 | ||||
14 | Lean Hogs | Jun. 2024 | 573,860 | 6,470 | ||||
30 | Live Cattle | Jun. 2024 | 2,099,700 | (85,770) | ||||
8 | LME Lead | May 2024 | 437,882 | 14,457 | ||||
8 | LME Lead | Jul. 2024 | 443,652 | 19,883 | ||||
16 | LME Nickel | May 2024 | 1,833,792 | 257,572 | ||||
17 | LME Nickel | Jul. 2024 | 1,961,562 | 171,641 | ||||
40 | LME PRI Aluminum | May 2024 | 2,565,690 | 337,217 | ||||
35 | LME PRI Aluminum | Jul. 2024 | 2,265,681 | 111,147 | ||||
22 | LME Zinc | May 2024 | 1,608,651 | 285,423 | ||||
22 | LME Zinc | Jul. 2024 | 1,610,098 | 118,658 | ||||
16 | Low Sulphur Gas Oil | Jul. 2024 | 1,244,800 | (80,846) | ||||
158 | Natural Gas | Jul. 2024 | 3,664,020 | (35,598) | ||||
18 | NY Harbor ULSD | Jul. 2024 | 1,919,182 | (96,913) | ||||
12 | Silver | Jul. 2024 | 1,599,240 | (42,421) | ||||
34 | Soft Red Winter Wheat | Jul. 2024 | 1,025,525 | 50,938 | ||||
41 | Soybean | Jul. 2024 | 2,384,150 | (66,078) | ||||
43 | Soybean Meal | Jul. 2024 | 1,513,170 | 78,523 | ||||
74 | Soybean Oil | Jul. 2024 | 1,909,644 | (283,519) | ||||
60 | Sugar No. 11 | Jul. 2024 | 1,304,352 | (170,553) | ||||
53 | WTI Crude | Jul. 2024 | 4,307,840 | (132,270) | ||||
1,290,907 | ||||||||
Short Positions: | ||||||||
8 | LME Lead | May 2024 | 437,882 | (17,901) | ||||
16 | LME Nickel | May 2024 | 1,833,792 | (171,349) | ||||
40 | LME PRI Aluminum | May 2024 | 2,565,690 | (161,081) | ||||
8 | LME PRI Aluminum | Jul. 2024 | 517,870 | (25,373) | ||||
22 | LME Zinc | May 2024 | 1,608,651 | (219,369) | ||||
1 | LME Zinc | Jul. 2024 | 73,186 | (3,522) | ||||
(598,595) | ||||||||
$692,312 |
(1) | Represents positions held in the Cayman Subsidiary. |
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PGIM Quant Solutions Commodity Strategies Fund
Consolidated Schedule of Investments (unaudited) (continued)
as of April 30, 2024
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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