JDERX Fees and Costs — PGIM Jennison Mid-Cap Growth Fund, Class R
Data updated: 2026-07-27
The net expense ratio is 1.26%: a 0.57% management fee, a 0.75% 12b-1 fee plus 0.19% other expenses, less a 0.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $907K in broker commissions, 0.0381% of average net assets, and portfolio turnover was 65%.
JDERX Fees and Expenses
Annual operating expenses and sales charges of JDERX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 0.75% |
| Other expenses | 0.19% |
| Gross expense ratio | 1.51% |
| Fee waiver | −0.25% |
| Net expense ratio | 1.26% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
JDERX Costs Over Time
On $10,000 invested in JDERX, assuming 5% a year before costs, total costs come to $807 over 5 years, cutting the return by 1.36% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.26%) | $132 | $412 | $711 |
| Trading costs (broker commissions) | $4 | $12 | $22 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $136 | $445 | $807 |
| Value after costs | $10,364 | $11,131 | $11,956 |
| Impact on return, per year | 1.36% | 1.36% | 1.36% |
JDERX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0381%
- Total broker commissions: $907K
- Bought from dealers (principal trades, not a cost): $57.6M
- Portfolio turnover (prospectus): 65%
- Securities on loan, average value: $146.1M
- Net income from securities lending: $320K (0.013% of average net assets)
JDERX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CAPITAL INSTITUTIONAL SERVICES, INC | $135K | 24.28% |
| TD SECURITIES (USA) LLC | $119K | 21.28% |
| SANFORD C. BERNSTEIN & CO., LLC | $47K | 8.37% |
| EVERCORE GROUP L.L.C. | $45K | 8.08% |
| KEYBANC CAPITAL MARKETS, INC. | $44K | 7.95% |
| PIPER SANDLER & CO. | $42K | 7.56% |
| Raymond James & Associates, Inc. | $36K | 6.54% |
| WELLS FARGO SECURITIES, LLC | $34K | 6.11% |
| JEFFERIES LLC | $29K | 5.25% |
| Allen & Company LLC | $25K | 4.56% |
JDERX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $30.7M | 53.33% |
| GOLDMAN SACHS & CO. LLC | $16.1M | 28.03% |
| MORGAN STANLEY & CO. LLC | $6.8M | 11.88% |
| CitiGroup Global Markets Inc. | $2.2M | 3.75% |
| BOFA SECURITIES, INC. | $1.7M | 3.01% |
PGIM Jennison Mid-Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PJGQX | Class R6 | 0.60% | none |
| PEGZX | Class Z | 0.72% | none |
| PEGGX | Class R4 | 0.83% | none |
| PEEAX | Class A | 1.04% | 5.50% |
| PEGEX | Class R2 | 1.08% | none |
| JDERX | Class R | 1.26% | none |
| PEGCX | Class C | 1.97% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.