PGIM Jennison Utility Fund
Data updated: 2026-07-27
C000012130 — PGIM Jennison Utility Fund. United States Mid Cap Blend / Core Utilities Equity · $3.32B AUM. Holdings, fees, performance and SEC filings.
C000012130 Fund Overview
PGIM Jennison Utility Fund is a US mutual fund managed by Prudential Sector Funds, Inc., categorised as United States Mid Cap Blend / Core Utilities Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Prudential Sector Funds, Inc.
- Category: United States Mid Cap Blend / Core Utilities Equity
- Assets under management: $3.32B
- SEC CIK: 0000352665
- SEC series ID: S000004382
- Share class ID: C000012130
C000012130 Investment Objective and Strategy
PGIM Jennison Utility Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Prudential Sector Funds, Inc..
Investment objective
The investment objective of the Fund is total return through a combination of capital appreciation and current income .
Principal investment strategy
The Fund seeks investments whose prices will increase as well as pay the Fund dividends and other income. The Funds investment subadviser normally invests at least 80% of the Fund's investable assets in equity and equity-related and investment-grade debt securities of utility companies. The term investable assets refers to the Fund's net assets plus any borrowings for investment purposes. The Fund's investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. The Fund buys equity and equity-related securities, including common stocks; nonconvertible preferred stocks; convertible securitieslike bonds, corporate notes and preferred stocksthat can convert into the company's common stock, the cash value of common stock, or some other equity security; American Depositary Receipts (ADRs); warrants and rights that can be exercised to obtain stocks; equity securities of real estate investment trusts (REITs); investments in various types of business ventures, including partnerships and joint ventures; master limited partnerships (MLPs); and similar securities.
The Fund invests in companies of any market capitalization. The Funds investment in debt securities, including corporate and government bonds, is generally limited to those rated investment-grade by a major rating service (such as BBB or above by S&P Global Ratings (S&P) or Baa or above by Moody's Investors Service, Inc. (Moody's)) or, if not rated, to those the subadviser believes are of comparable quality. Utility companies include electric utilities, gas utilities, water utilities, multi-utilities, independent power producers, diversified telecommunication services, wireless telecommunication services, and oil & gas storage & transportation. Some of these securities are issued by foreign companies. The subadviser may invest more than 5% of the Fund's assets in any one issuer.
The Fund participates in the initial public offering (IPO) market. The Fund may invest up to 50% of its investable assets in foreign securities. In deciding which stocks to buy, the subadviser uses what is known as a value investment style. That is, the subadviser invests in stocks that it believes are undervalued, given the company's earnings, cash flow or asset values. The subadviser looks for catalysts that will help unlock inherent value. A number of conditions can warrant the sale of an existing position, including (1) the stock has reached its price target; (2) subsequent events invalidate the subadvisers investment thesis; (3) the catalysts it expected to narrow the gap between the stock price and what it believes to be the true worth of the company have passed or no longer exist; or (4) the stock price declines to below what the subadviser had thought to be the reasonable worst-case scenario.
C000012130 Holdings
Top 10 holdings of PGIM Jennison Utility Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Nextera Energy, Inc. | 12.25% |
| Entergy Corp. | 6.51% |
| Constellation Energy Corp. | 6.32% |
| Sempra | 5.33% |
| Vistra Corp. | 5.32% |
| Centerpoint Energy, Inc. | 5.14% |
| Southern Company (the) | 5.00% |
| American Electric Power Company, Inc. | 4.46% |
| Ameren Corp. | 4.41% |
| Xcel Energy, Inc. | 4.33% |
C000012130 Portfolio Allocation
Asset-class allocation of PGIM Jennison Utility Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.8% |
| Cash & Equivalents | 2.5% |
C000012130 Costs and Fees
C000012130 costs about $178 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.78%
- Gross expense ratio: 1.99%
- Portfolio turnover: 37%
- Brokerage commissions: 2.53 bps of average net assets (SEC N-CEN)
C000012130 Cashflows
Over the 12 months to 2026-05, PGIM Jennison Utility Fund had net inflows of $30.47M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$17.63M |
| 2026-04 | −$22.59M |
| 2026-03 | −$3.56M |
| 2026-02 | −$29.77M |
| 2026-01 | −$31.47M |
| 2025-12 | $232.52M |
C000012130 Debt Constituents
No individual debt constituents are reported in PGIM Jennison Utility Fund's latest SEC N-PORT filing.
C000012130 Prospectus and SEC Filings
Official PGIM Jennison Utility Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-28
- Prospectus (485BPOS) — filed 2024-01-26
- Prospectus (485BPOS) — filed 2023-01-26
- Portfolio holdings (N-PORT) — filed 2026-07-27
- Portfolio holdings (N-PORT) — filed 2026-04-23
- Portfolio holdings (N-PORT) — filed 2026-01-28
- Annual census (N-CEN) — filed 2026-02-10
- Annual census (N-CEN) — filed 2025-02-11
Related Funds
Other United States Mid Cap Blend / Core Utilities Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.