Description | Shares | Value | |||
Long-Term Investments 99.1% | |||||
Common Stocks | |||||
Aerospace & Defense 2.8% | |||||
Airbus SE (France) | 19,187 | $2,004,456 | |||
Northrop Grumman Corp. | 9,498 | 2,870,865 | |||
Raytheon Technologies Corp. | 93,748 | 6,723,607 | |||
11,598,928 | |||||
Air Freight & Logistics 1.0% | |||||
FedEx Corp. | 14,752 | 4,227,628 | |||
Automobiles 2.1% | |||||
General Motors Co. | 200,505 | 8,790,139 | |||
Banks 9.9% | |||||
Bank of America Corp. | 316,338 | 8,908,078 | |||
Citigroup, Inc. | 115,283 | 6,348,635 | |||
JPMorgan Chase & Co. | 106,657 | 12,572,727 | |||
PNC Financial Services Group, Inc. (The) | 47,518 | 6,560,810 | |||
Truist Financial Corp. | 128,173 | 5,949,791 | |||
40,340,041 | |||||
Beverages 1.6% | |||||
PepsiCo, Inc. | 44,451 | 6,411,168 | |||
Biotechnology 1.3% | |||||
AbbVie, Inc. | 52,291 | 5,468,593 | |||
Building Products 2.1% | |||||
Johnson Controls International PLC | 186,277 | 8,576,193 | |||
Capital Markets 2.8% | |||||
Blackstone Group, Inc. (The) (Class A Stock) | 55,134 | 3,283,230 | |||
Goldman Sachs Group, Inc. (The) | 34,728 | 8,007,582 | |||
11,290,812 | |||||
Chemicals 5.8% | |||||
Dow, Inc. | 128,317 | 6,802,084 | |||
FMC Corp. | 59,542 | 6,907,467 | |||
Linde PLC (United Kingdom) | 38,287 | 9,817,553 | |||
23,527,104 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Communications Equipment 0.7% | |||||
Cisco Systems, Inc. | 64,333 | $2,767,606 | |||
Consumer Finance 2.6% | |||||
Capital One Financial Corp. | 67,354 | 5,768,196 | |||
SLM Corp. | 446,839 | 4,740,962 | |||
10,509,158 | |||||
Containers & Packaging 1.5% | |||||
Crown Holdings, Inc.* | 64,223 | 6,053,018 | |||
Diversified Telecommunication Services 2.2% | |||||
Verizon Communications, Inc. | 147,525 | 8,911,985 | |||
Electric Utilities 1.2% | |||||
American Electric Power Co., Inc. | 56,327 | 4,781,599 | |||
Electrical Equipment 1.4% | |||||
Emerson Electric Co. | 76,214 | 5,854,760 | |||
Entertainment 2.2% | |||||
Walt Disney Co. (The) | 60,842 | 9,005,224 | |||
Equity Real Estate Investment Trusts (REITs) 2.7% | |||||
Alexandria Real Estate Equities, Inc. | 18,701 | 3,061,915 | |||
American Campus Communities, Inc. | 96,050 | 3,822,790 | |||
American Tower Corp. | 18,477 | 4,271,882 | |||
11,156,587 | |||||
Food & Staples Retailing 2.5% | |||||
Walmart, Inc. | 66,332 | 10,134,866 | |||
Food Products 1.7% | |||||
Mondelez International, Inc. (Class A Stock) | 118,584 | 6,812,651 | |||
Health Care Equipment & Supplies 1.6% | |||||
Zimmer Biomet Holdings, Inc. | 43,364 | 6,466,440 | |||
Health Care Providers & Services 2.6% | |||||
Cigna Corp. | 27,275 | 5,704,293 | |||
Laboratory Corp. of America Holdings* | 23,761 | 4,748,398 | |||
10,452,691 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Hotels, Restaurants & Leisure 1.3% | |||||
McDonald’s Corp. | 24,172 | $5,255,960 | |||
Household Durables 1.1% | |||||
D.R. Horton, Inc. | 62,884 | 4,684,858 | |||
Household Products 1.1% | |||||
Procter & Gamble Co. (The) | 33,582 | 4,663,532 | |||
Insurance 5.3% | |||||
Chubb Ltd. | 59,442 | 8,787,311 | |||
Marsh & McLennan Cos., Inc. | 32,687 | 3,747,238 | |||
MetLife, Inc. | 127,286 | 5,876,794 | |||
RenaissanceRe Holdings Ltd. (Bermuda) | 20,492 | 3,373,803 | |||
21,785,146 | |||||
Interactive Media & Services 2.1% | |||||
Alphabet, Inc. (Class A Stock)* | 4,951 | 8,686,034 | |||
Machinery 3.3% | |||||
Deere & Co. | 15,823 | 4,139,613 | |||
Fortive Corp.(a) | 53,838 | 3,775,659 | |||
Otis Worldwide Corp. | 83,632 | 5,598,326 | |||
13,513,598 | |||||
Media 1.0% | |||||
Comcast Corp. (Class A Stock) | 84,676 | 4,254,122 | |||
Multi-Utilities 3.4% | |||||
Ameren Corp. | 83,432 | 6,489,341 | |||
Dominion Energy, Inc. | 95,651 | 7,507,647 | |||
13,996,988 | |||||
Oil, Gas & Consumable Fuels 4.9% | |||||
Chevron Corp. | 104,574 | 9,116,761 | |||
ConocoPhillips | 100,226 | 3,964,941 | |||
Suncor Energy, Inc. (Canada) | 187,082 | 3,010,149 | |||
Williams Cos., Inc. (The) | 193,627 | 4,062,295 | |||
20,154,146 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Pharmaceuticals 4.4% | |||||
AstraZeneca PLC (United Kingdom), ADR | 106,132 | $5,618,628 | |||
Bristol-Myers Squibb Co. | 102,409 | 6,390,321 | |||
Eli Lilly & Co. | 40,004 | 5,826,583 | |||
17,835,532 | |||||
Road & Rail 2.5% | |||||
Union Pacific Corp. | 49,499 | 10,101,756 | |||
Semiconductors & Semiconductor Equipment 5.9% | |||||
Broadcom, Inc. | 21,345 | 8,571,725 | |||
QUALCOMM, Inc. | 59,955 | 8,823,578 | |||
Texas Instruments, Inc. | 42,905 | 6,918,431 | |||
24,313,734 | |||||
Software 3.4% | |||||
Microsoft Corp. | 32,418 | 6,939,721 | |||
PTC, Inc.* | 34,589 | 3,730,424 | |||
SAP SE (Germany), ADR(a) | 28,313 | 3,430,403 | |||
14,100,548 | |||||
Specialty Retail 4.1% | |||||
Advance Auto Parts, Inc. | 21,287 | 3,144,090 | |||
Lowe’s Cos., Inc. | 47,839 | 7,454,273 | |||
Ross Stores, Inc. | 55,622 | 5,980,477 | |||
16,578,840 | |||||
Technology Hardware, Storage & Peripherals 1.3% | |||||
Apple, Inc. | 45,245 | 5,386,417 | |||
Trading Companies & Distributors 1.7% | |||||
United Rentals, Inc.*(a) | 29,728 | 6,747,662 | |||
Total Long-Term Investments (cost $266,678,750) | 405,196,064 | ||||
Short-Term Investments 4.2% | |||||
Affiliated Mutual Funds | |||||
PGIM Core Ultra Short Bond Fund(w) | 2,810,026 | 2,810,026 |
Description | Shares | Value | |||
Affiliated Mutual Funds (Continued) | |||||
PGIM Institutional Money Market Fund (cost $14,403,764; includes $14,401,719 of cash collateral for securities on loan)(b)(w) | 14,419,679 | $14,413,911 | |||
Total Short-Term Investments (cost $17,213,790) | 17,223,937 | ||||
TOTAL INVESTMENTS 103.3% (cost $283,892,540) | 422,420,001 | ||||
Liabilities in excess of other assets (3.3)% | (13,487,909) | ||||
Net Assets 100.0% | $408,932,092 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
ADR—American Depositary Receipt | |
REITs—Real Estate Investment Trust |
* | Non-income producing security. |
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $13,912,908; cash collateral of $14,401,719 (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. |
(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. |