PJIZX Fees and Costs — PGIM Quant Solutions International Equity Fund, Class Z
Data updated: 2026-09-29
The net expense ratio is 0.98%: a 0.75% management fee plus 0.36% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $174K in broker commissions, 0.0750% of average net assets, and portfolio turnover was 129%.
PJIZX Fees and Expenses
Annual operating expenses and sales charges of PJIZX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.36% |
| Gross expense ratio | 1.12% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.98% |
| 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 |
PJIZX Costs Over Time
On $10,000 invested in PJIZX, assuming 5% a year before costs, total costs come to $659 over 5 years, cutting the return by 1.11% 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 0.98%) | $103 | $321 | $556 |
| Trading costs (broker commissions) | $8 | $25 | $43 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $111 | $363 | $659 |
| Value after costs | $10,389 | $11,214 | $12,104 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
PJIZX 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): 0.0750%
- Total broker commissions: $174K
- Bought from dealers (principal trades, not a cost): $2.8M
- Portfolio turnover (prospectus): 129%
- Securities on loan, average value: $2.9M
- Net income from securities lending: $3K (0.001% of average net assets)
PJIZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $28K | 17.27% |
| BOFA SECURITIES, INC. | $24K | 15.14% |
| HSBC SECURITIES (USA) INC. | $23K | 14.58% |
| CLSA Americas, LLC | $22K | 13.97% |
| UBS Securities LLC | $18K | 11.21% |
| JEFFERIES LLC | $18K | 10.98% |
| MORGAN STANLEY & CO. LLC | $10K | 6.21% |
| MACQUARIE CAPITAL (USA), INC. | $6K | 3.63% |
| GOLDMAN SACHS & CO. LLC | $6K | 3.60% |
| CITIGROUP GLOBAL MARKETS INC. | $5K | 3.43% |
PJIZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $2.0M | 72.07% |
| J.P. Morgan Securities LLC | $357K | 12.74% |
| SG AMERICAS SECURITIES, LLC | $267K | 9.54% |
| HSBC SECURITIES (USA), INC. | $158K | 5.65% |
PGIM Quant Solutions International Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PJRQX | Class R6 | 0.79% | none |
| PJIZX | Class Z | 0.98% | none |
| PJRAX | Class A | 1.39% | 5.50% |
| PJRCX | Class C | 2.62% | 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.