PQEMX Fees and Costs — PGIM Quant Solutions Emerging Markets Equity Fund, Class R6
Data updated: 2026-09-29
The net expense ratio is 1.20%: a 0.75% management fee plus 1.19% other expenses, less a 0.74% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $47K in broker commissions, 0.1588% of average net assets, and portfolio turnover was 120%.
PQEMX Fees and Expenses
Annual operating expenses and sales charges of PQEMX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.19% |
| Gross expense ratio | 1.94% |
| Fee waiver | −0.74% |
| Net expense ratio | 1.20% |
| 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 |
PQEMX Costs Over Time
On $10,000 invested in PQEMX, assuming 5% a year before costs, total costs come to $844 over 5 years, cutting the return by 1.43% 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 1.20%) | $126 | $392 | $677 |
| Trading costs (broker commissions) | $17 | $52 | $90 |
| Lost growth on money paid in costs | $0 | $22 | $78 |
| Total costs | $143 | $466 | $844 |
| Value after costs | $10,357 | $11,111 | $11,919 |
| Impact on return, per year | 1.43% | 1.43% | 1.43% |
PQEMX 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): 0.1588%
- Total broker commissions: $47K
- Bought from dealers (principal trades, not a cost): $574K
- Portfolio turnover (prospectus): 120%
- Securities on loan, average value: $233K
- Net income from securities lending: $3K (0.009% of average net assets)
PQEMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $7K | 17.65% |
| CLSA Americas, LLC | $6K | 13.95% |
| HSBC SECURITIES (USA) INC. | $6K | 13.24% |
| MORGAN STANLEY & CO. LLC | $5K | 11.35% |
| J.P. Morgan Securities LLC | $4K | 10.34% |
| MACQUARIE CAPITAL (USA), INC. | $4K | 8.66% |
| JEFFERIES LLC | $3K | 7.60% |
| UBS Securities LLC | $3K | 6.24% |
| BOFA SECURITIES, INC. | $3K | 6.16% |
| INSTINET, LLC | $2K | 4.81% |
PQEMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $198K | 34.44% |
| Wells Fargo Securities LLC | $149K | 25.89% |
| GOLDMAN SACHS & CO. LLC | $99K | 17.24% |
| HSBC SECURITIES (USA), INC. | $49K | 8.62% |
| SG AMERICAS SECURITIES, LLC | $40K | 6.89% |
| CitiGroup Global Markets Inc. | $30K | 5.18% |
| J.P. Morgan Securities LLC | $10K | 1.73% |
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.