PAILX Fees and Costs — PGIM Jennison International Small-Mid Cap Opportunities Fund, Class C
Data updated: 2026-03-31
The net expense ratio is 2.16%: a 1.06% management fee, a 1.00% 12b-1 fee plus 32.22% other expenses, less a 32.12% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $41K in broker commissions, 0.3139% of average net assets, and portfolio turnover was 83%.
PAILX Fees and Expenses
Annual operating expenses and sales charges of PAILX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.06% |
| 12b-1 fee | 1.00% |
| Other expenses | 32.22% |
| Gross expense ratio | 34.28% |
| Fee waiver | −32.12% |
| Net expense ratio | 2.16% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| 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 |
PAILX Costs Over Time
On $10,000 invested in PAILX, assuming 5% a year before costs, total costs come to $1,502 over 5 years, cutting the return by 2.60% 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 |
| Sales charges | $102 | $0 | $0 |
| Fund expenses (net expense ratio 2.16%) | $227 | $697 | $1,190 |
| Trading costs (broker commissions) | $33 | $101 | $173 |
| Lost growth on money paid in costs | $0 | $40 | $140 |
| Total costs | $362 | $838 | $1,502 |
| Value after costs | $10,138 | $10,738 | $11,260 |
| Impact on return, per year | 3.62% | 2.60% | 2.60% |
PAILX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.3139%
- Total broker commissions: $41K
- Bought from dealers (principal trades, not a cost): $1.6M
- Portfolio turnover (prospectus): 83%
- Securities on loan, average value: $118K
- Net income from securities lending: $3K (0.023% of average net assets)
PAILX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $5K | 15.15% |
| BNP Paribas Securities Corp. | $4K | 12.31% |
| BOFA SECURITIES, INC. | $4K | 11.89% |
| TD SECURITIES (USA) LLC | $4K | 11.45% |
| CITIGROUP GLOBAL MARKETS INC. | $3K | 10.23% |
| SANFORD C. BERNSTEIN & CO., LLC | $3K | 10.10% |
| J.P. MORGAN SECURITIES LLC | $3K | 8.33% |
| JEFFERIES LLC | $3K | 8.04% |
| GOLDMAN SACHS & CO. LLC | $2K | 6.33% |
| UBS Securities LLC | $2K | 6.17% |
PAILX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $1.6M | 97.80% |
| MORGAN STANLEY & CO. LLC | $35K | 2.19% |
| JEFFERIES LLC | $92 | 0.01% |
PGIM Jennison International Small-Mid Cap Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PAIOX | Class R6 | 1.11% | none |
| PAINX | Class Z | 1.16% | none |
| PAHWX | Class A | 1.41% | 5.50% |
| PAILX | Class C | 2.16% | 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.