PGAGX Performance — PGIM Wadhwani Systematic Absolute Return Fund, Class Z
Data updated: 2024-09-27
PGAGX returned +0.43% over one year to Jul 2024. Over one year the fund trailed its Long-Short Equity category average: $100 grew to $100, against $109 for the category. Volatility over the past 12 months was 5.35% a year. In the 12 months to Jul 2024 the fund took in a net $3.3M, and assets reached $37.67M.
PGAGX Growth of $100
What $100 invested in PGIM Wadhwani Systematic Absolute Return Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Short Equity category average over the same months.
| Period | PGAGX | Category average |
|---|---|---|
| 1 year (Aug 2023 – Jul 2024) | $100 | $109 |
| Since data start (Sep 2021 – Jul 2024) | $108 | $110 |
PGAGX Trailing Returns
Total returns to Jul 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.43% |
| 3 years (annualised) | +2.57% |
PGAGX Annual Returns
Calendar-year total returns of PGIM Wadhwani Systematic Absolute Return Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jul) | +1.71% |
| 2023 | −5.53% |
| 2022 | +10.87% |
| 2021 (Sep–Dec) | +1.08% |
PGAGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.4% | +0.9% | +1.9% | −1.7% | −1.6% | +0.6% | +1.1% | — | — | — | — | — |
| 2023 | −2.0% | +0.2% | −1.7% | −0.4% | −0.8% | +1.4% | −1.1% | −2.5% | +0.3% | +0.6% | −1.9% | +2.2% |
| 2022 | −1.5% | +0.4% | +2.4% | +2.4% | +0.3% | +4.7% | −0.6% | +0.9% | +2.4% | −0.5% | −0.9% | +0.6% |
| 2021 | — | — | — | — | — | — | — | — | −0.2% | +2.4% | −1.9% | +0.8% |
PGAGX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2024.
- 1-year volatility (annualised): 5.35%
- Best month: +2.19% (Dec 2023)
- Worst month: −2.46% (Aug 2023)
PGAGX Fund Flows
Monthly money in and out of PGIM Wadhwani Systematic Absolute Return Fund, from SEC Form N-PORT.
- 12-month net flow: $3.3M
- 12-month gross sales (incl. reinvestments): $5.5M
- Sales ÷ redemptions: 2.54×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2024 | $3.9M | $838K | $3.0M |
| Jun 2024 | $18K | $645K | −$627K |
| May 2024 | $37K | $4.1M | −$4.1M |
| Apr 2024 | $261K | $209K | $52K |
| Mar 2024 | $22K | $223K | −$201K |
| Feb 2024 | $28K | $23K | $5K |
| Jan 2024 | $37K | −$505K | $542K |
| Dec 2023 | $1.0M | −$822K | $1.8M |
| Nov 2023 | $11K | −$526K | $537K |
| Oct 2023 | $69K | −$1.5M | $1.6M |
| Sep 2023 | $70K | −$71K | $142K |
| Aug 2023 | $76K | −$419K | $494K |
PGAGX Assets Under Management
Net assets of PGIM Wadhwani Systematic Absolute Return Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-07-31 | $37.67M |
| 2024-04-30 | $39.40M |
| 2024-01-31 | $39.09M |
| 2023-10-31 | $40.54M |
| 2023-07-31 | $43.03M |
| 2023-04-28 | $44.57M |
| 2023-01-31 | $44.99M |
| 2022-10-31 | $49.46M |
| 2022-07-29 | $37.59M |
| 2022-04-29 | $31.65M |
| 2022-01-31 | $29.95M |
| 2021-10-29 | $30.70M |
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.