0001752724-20-079963.txt : 20200427 0001752724-20-079963.hdr.sgml : 20200427 20200427134531 ACCESSION NUMBER: 0001752724-20-079963 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200228 FILED AS OF DATE: 20200427 PERIOD START: 20201130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL INVESTMENT PORTFOLIOS 18 CENTRAL INDEX KEY: 0001052118 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08587 FILM NUMBER: 20818930 BUSINESS ADDRESS: STREET 1: GATEWAY CENTER 3, 4TH FLOOR STREET 2: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102-4077 BUSINESS PHONE: 973-802-6469 MAIL ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 17TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4077 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL JENNISON 20/20 FOCUS FUND DATE OF NAME CHANGE: 20100219 FORMER COMPANY: FORMER CONFORMED NAME: JENNISON 20/20 FOCUS FUND DATE OF NAME CHANGE: 20030716 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL 20/20 FOCUS FUND DATE OF NAME CHANGE: 19980424 0001052118 S000043468 PGIM Jennison MLP Fund C000134821 Class A PRPAX C000134822 Class C PRPCX C000134823 Class Z PRPZX C000198344 Class R6 PRPQX NPORT-P 1 primary_doc.xml NPORT-P false 0001052118 XXXXXXXX S000043468 C000134821 C000198344 C000134823 C000134822 Prudential Investment Portfolios 18 811-08587 0001052118 00QDBXDXLLF3W3JJJO36 655 Broad Street 17th Floor Newark 07102-4077 1-800-225-1852 PGIM Jennison MLP Fund S000043468 549300YY9XZDGNGBPW42 2020-11-30 2020-02-28 N 424523672.82 10272361.20 414251311.62 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N Equitrans Midstream Corp 549300RH0NLJNZ5SXU64 Equitrans Midstream Corp 294600101 119198.00000000 NS USD 841537.88000000 0.203146702591 Long EC CORP US N 1 N N N Gibson Energy Inc 549300WYW5D9I3FR0643 Gibson Energy Inc 374825206 846185.00000000 NS 16151432.07000000 3.898945306132 Long EC CORP CA N 1 N N N Targa Resources Corp 5493003QENHHS261UR94 Targa Resources Corp 87612G101 800727.00000000 NS USD 25943554.80000000 6.262757430638 Long EC CORP US N 1 N N N Williams Cos Inc/The D71FAKCBLFS2O0RBPG08 Williams Cos Inc/The 969457100 1486423.00000000 NS USD 28316358.15000000 6.835550632118 Long EC CORP US N 1 N N N Crestwood Equity Partners LP 549300CUY0F1TYDLDL45 Crestwood Equity Partners LP 226344208 209966.00000000 NS USD 4375691.44000000 1.056289097284 Long EC CORP US N 1 N N N Atlantica Yield plc 549300ITBBGKJ651R879 Atlantica Yield plc 000000000 74017.00000000 NS USD 2139831.47000000 0.516553939595 Long EC CORP GB N 1 N N N Magellan Midstream Partners LP MZF5TI8NFVZZNUSKDL39 Magellan Midstream Partners LP 559080106 157732.00000000 NS USD 8604280.60000000 2.077067798856 Long EC CORP US N 1 N N N NextEra Energy Partners LP 5493008F4ZOQFNG3WN54 NextEra Energy Partners LP 65341B106 358863.00000000 NS USD 20695629.21000000 4.995911570941 Long EC CORP US N 1 N N N Phillips 66 Partners LP 549300TL5L4IG0H4FX64 Phillips 66 Partners LP 718549207 169835.00000000 NS USD 9233928.95000000 2.229064505285 Long EC CORP US N 1 N N N EQM Midstream Partners LP 549300NELT611CL6XM83 EQM Midstream Partners LP 26885B100 97949.00000000 NS USD 1700394.64000000 0.410474171668 Long EC CORP US N 1 N N N Western Midstream Partners LP N/A Western Midstream Partners LP 958669103 190693.00000000 NS USD 2490450.58000000 0.601193167080 Long EC CORP US N 1 N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 Energy Transfer LP 29273V100 2621731.00000000 NS USD 29048779.48000000 7.012356669771 Long EC CORP US N 1 N N N Enable Midstream Partners LP 549300TLGDBYE711G509 Enable Midstream Partners LP 292480100 384764.00000000 NS USD 2385536.80000000 0.575867048114 Long EC CORP US N 1 N N N Enbridge Inc 98TPTUM4IVMFCZBCUR27 Enbridge Inc 29250N105 708730.00000000 NS 26379698.86000000 6.368042326006 Long EC CORP CA N 1 N N N Clearway Energy Inc 549300LHAZ9HA9G3XC48 Clearway Energy Inc 18539C204 305555.00000000 NS USD 6428877.20000000 1.551926818254 Long EC CORP US N 1 N N N PGIM Core Ultra Short Bond Fund 1VRLPVAWKZCB406TIT84 PGIM Core Ultra Short Bond Fund 000000000 9886294.82000000 NS USD 9886294.82000000 2.386545206420 Long STIV RF US N 1 N N N Rattler Midstream LP 549300I45NRVEEN9M219 Rattler Midstream LP 75419T103 286595.00000000 NS USD 3608231.05000000 0.871024653099 Long EC CORP US N 1 N N N ONEOK Inc 2T3D6M0JSY48PSZI1Q41 ONEOK Inc 682680103 511898.00000000 NS USD 34153834.56000000 8.244713680310 Long EC CORP US N 1 N N N Kinder Morgan Inc/DE 549300WR7IX8XE0TBO16 Kinder Morgan Inc/DE 49456B101 1652333.00000000 NS USD 31675223.61000000 7.646378592291 Long EC CORP US N 1 N N N Enterprise Products Partners L K4CDIF4M54DJZ6TB4Q48 Enterprise Products Partners LP 293792107 1311434.00000000 NS USD 30608869.56000000 7.388961410960 Long EC CORP US N 1 N N N Brookfield Renewable Partners VA8DFMRI2GY8Y7V79H93 Brookfield Renewable Partners LP 000000000 41605.00000000 NS USD 2074425.30000000 0.500764932255 Long EC CORP CA N 1 N N N NuStar Energy LP 5493003BMLTUIEG2LG44 NuStar Energy LP 67058H102 82214.00000000 NS USD 1866257.80000000 0.450513431738 Long EC CORP US N 1 N N N MPLX LP 5493000CZJ19CK4P3G36 MPLX LP 55336V100 756989.00000000 NS USD 15359306.81000000 3.707726778204 Long EC CORP US N 1 N N N TC Energy Corp 549300UGKOFV2IWJJG27 TC Energy Corp 87807B107 534664.00000000 NS 27867456.46000000 6.727186053079 Long EC CORP CA N 1 N N N Noble Midstream Partners LP N/A Noble Midstream Partners LP 65506L105 158589.00000000 NS USD 2434341.15000000 0.587648386792 Long EC CORP US N 1 N N N Cheniere Energy Partners LP 5493005UEC8AZ34LDV29 Cheniere Energy Partners LP 16411Q101 541047.00000000 NS USD 18341493.30000000 4.427624677462 Long EC CORP US N 1 N N N Keyera Corp N/A Keyera Corp 493271100 174619.00000000 NS 4191636.57000000 1.011858370129 Long EC CORP CA N 1 N N N Pembina Pipeline Corp 5493002W3L9YICM6FU21 Pembina Pipeline Corp 706327103 685025.00000000 NS USD 24743103.00000000 5.972969138766 Long EC CORP CA N 1 N N N Plains GP Holdings LP 549300O56BSKRD8FAM12 Plains GP Holdings LP 72651A207 103500.00000000 NS USD 1425195.00000000 0.344041155700 Long EC CORP US N 1 N N N Plains All American Pipeline L 5521FA2ITF25TVH63740 Plains All American Pipeline LP 726503105 1276381.00000000 NS USD 17448128.27000000 4.211966934218 Long EC CORP US N 1 N N N 2020-04-23 Prudential Investment Portfolios 18 Christian J. Kelly Christian J. Kelly Treasurer and Principal Financial and Accounting Officer XXXX NPORT-EX 2 PIPDLH0PGIMJennisonMLPFd.htm
PGIM Jennison MLP Fund
Schedule of Investments as of February 29, 2020 (unaudited)
Description     Shares Value
Long-Term Investments 97.1%
Common Stocks 55.5%
Independent Power Producers & Energy Traders 1.6%
Clearway Energy, Inc. (Class C Stock)       305,555  $6,428,877
Oil & Gas Storage & Transportation 53.4%
Enbridge, Inc. (Canada)       708,730 26,379,699
Equitrans Midstream Corp.       119,198 841,538
Gibson Energy, Inc. (Canada)       846,185 16,151,432
Keyera Corp. (Canada)       174,619 4,191,637
Kinder Morgan, Inc.       1,652,333 31,675,224
ONEOK, Inc.       511,898 34,153,834
Pembina Pipeline Corp. (Canada)       685,025 24,743,103
Targa Resources Corp.       800,727 25,943,555
TC Energy Corp. (Canada)       534,664 27,867,456
Williams Cos., Inc. (The)       1,486,423 28,316,358
          220,263,836
Renewable Electricity 0.5%
Atlantica Yield PLC (Spain)       74,017 2,139,831
     
 
Total Common Stocks
(cost $243,207,399) 		228,832,544
Master Limited Partnerships 41.6%
Oil & Gas Storage & Transportation 36.1%
Cheniere Energy Partners LP       541,047 18,341,493
Crestwood Equity Partners LP       209,966 4,375,691
Enable Midstream Partners LP       384,764 2,385,537
Energy Transfer LP       2,621,731 29,048,779
Enterprise Products Partners LP       1,311,434 30,608,869
EQM Midstream Partners LP       97,949 1,700,395
Magellan Midstream Partners LP       157,732 8,604,281
MPLX LP       756,989 15,359,307
Noble Midstream Partners LP       158,589 2,434,341
NuStar Energy LP       82,214 1,866,258
Phillips 66 Partners LP       169,835 9,233,929
Plains All American Pipeline LP       1,276,381 17,448,128
Plains GP Holdings LP (Class A Stock)*       103,500 1,425,195
Rattler Midstream LP       286,595 3,608,231
Western Midstream Partners LP       190,693 2,490,451
          148,930,885
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PGIM Jennison MLP Fund
Schedule of Investments as of February 29, 2020 (unaudited) (continued)
Description     Shares Value
Master Limited Partnerships (Continued)
Renewable Electricity 5.5%
Brookfield Renewable Partners LP (Canada)       41,605  $2,074,426
NextEra Energy Partners LP       358,863 20,695,629
          22,770,055
     
 
Total Master Limited Partnerships
(cost $202,398,586) 		171,700,940
     
 
 
Total Long-Term Investments
(cost $445,605,985) 		400,533,484
 
Short-Term Investment 2.3%
Affiliated Mutual Fund 
PGIM Core Ultra Short Bond Fund
(cost $9,555,642)(w) 		      9,555,642 9,555,642
 
TOTAL INVESTMENTS 99.4%
(cost $455,161,627) 		410,089,126
Other assets in excess of liabilities 0.6% 2,477,121
 
Net Assets 100.0% $412,566,247
* Non-income producing security.
(w) 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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