PEIZX Fees and Costs — PGIM Jennison Value Fund, Class Z
Data updated: 2026-07-27
The net expense ratio is 0.59%: a 0.44% management fee plus 0.19% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $143K in broker commissions, 0.0225% of average net assets, and portfolio turnover was 46%.
PEIZX Fees and Expenses
Annual operating expenses and sales charges of PEIZX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.63% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.59% |
| 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 |
PEIZX Costs Over Time
On $10,000 invested in PEIZX, assuming 5% a year before costs, total costs come to $386 over 5 years, cutting the return by 0.64% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $211 | $386 |
| Value after costs | $10,436 | $11,365 | $12,377 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
PEIZX 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): 0.0225%
- Total broker commissions: $143K
- Bought from dealers (principal trades, not a cost): $1.3M
- Portfolio turnover (prospectus): 46%
- Securities on loan, average value: $14.9M
- Net income from securities lending: $26K (0.004% of average net assets)
PEIZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CAPITAL INSTITUTIONAL SERVICES, INC | $19K | 19.38% |
| Guggenheim Securities, LLC | $13K | 12.96% |
| JEFFERIES LLC | $12K | 12.18% |
| TD SECURITIES (USA) LLC | $11K | 11.40% |
| CASTLEOAK SECURITIES, LP | $10K | 10.36% |
| BOFA SECURITIES, INC. | $7K | 7.71% |
| EVERCORE GROUP L.L.C. | $7K | 6.97% |
| DOWLING & PARTNERS SECURITIES LLC | $7K | 6.80% |
| KEYBANC CAPITAL MARKETS, INC. | $6K | 6.39% |
| WELLS FARGO SECURITIES, LLC | $6K | 5.85% |
PEIZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.3M | 100.00% |
PGIM Jennison Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PJVQX | Class R6 | 0.44% | none |
| PEIZX | Class Z | 0.59% | none |
| PBEAX | Class A | 0.86% | 5.50% |
| JDVRX | Class R | 1.16% | none |
| PEICX | Class C | 1.80% | 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.