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Prudential Global Real Estate A

PURAX
24.93
-0.26
-1.03%
8/26/2016
5 Years
  • Previous Close

    25.19

  • Net Assets

    542.95M

  • Yield

    1.56%

  • Front load

    5.50

  • Expenses

    1.27%

  • Category

    Global Real Estate

  • Morningstar Risk

    Below Average

  • Morningstar Rating ★★★
Profile

Name of Issuer

Prudential Investments

Fund Style

Open

Fund Manager

Rick Romano

Investment Style

Medium Blend

The investment seeks capital appreciation and income. The fund normally invests at least 80% of its investable assets (net assets plus any borrowings made for investment purposes) in the equity-related securities of real estate companies, principally real estate investment trusts (REITs), and other real estate securities. Equity-related securities may also include common stock, convertible securities, nonconvertible preferred stock, American Depositary Receipts (ADRs), warrants and other rights that can be exercised to obtain stock, investments in various types of business ventures and similar securities. It is non-diversified.

Purchase Information

Initial Purchase 2,500
Initial Purchase: IRA 1,000
Initial Purchase: AIP 50

Inception

5/5/1998

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