PRJAX Fees and Costs — PGIM Jennison Global Opportunities Fund, Class A
Data updated: 2026-09-29
The net expense ratio is 1.08%: a 0.80% management fee, a 0.30% 12b-1 fee plus 0.11% other expenses, less a 0.13% fee waiver. This share class carries a maximum front-end sales load of 5.50% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $5.6M in broker commissions, 0.0871% of average net assets, and portfolio turnover was 122%.
PRJAX Fees and Expenses
Annual operating expenses and sales charges of PRJAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.11% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.13% |
| Net expense ratio | 1.08% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 |
PRJAX Costs Over Time
On $10,000 invested in PRJAX, assuming 5% a year before costs, total costs come to $1,390 over 5 years, cutting the return by 2.39% 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 | $648 | $550 | $550 |
| Fund expenses (net expense ratio 1.08%) | $107 | $334 | $578 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $28 | $105 | $215 |
| Total costs | $791 | $1,015 | $1,390 |
| Value after costs | $9,709 | $10,561 | $11,373 |
| Impact on return, per year | 7.91% | 3.16% | 2.39% |
PRJAX 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): 0.0871%
- Total broker commissions: $5.6M
- Bought from dealers (principal trades, not a cost): $14
- Portfolio turnover (prospectus): 122%
- Securities on loan, average value: $81.4M
- Net income from securities lending: $189K (0.003% of average net assets)
PRJAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $732K | 17.20% |
| J.P. MORGAN SECURITIES LLC | $712K | 16.74% |
| JEFFERIES LLC | $688K | 16.17% |
| MORGAN STANLEY & CO. LLC | $446K | 10.48% |
| CitiGroup Global Markets Inc. | $428K | 10.05% |
| UBS Securities LLC | $315K | 7.40% |
| BOFA SECURITIES, INC. | $300K | 7.06% |
| PIPER SANDLER & CO. | $231K | 5.44% |
| TD SECURITIES (USA) LLC | $202K | 4.74% |
| CAPITAL INSTITUTIONAL SERVICES, INC | $200K | 4.71% |
PRJAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $14 | 100.00% |
PGIM Jennison Global 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 |
|---|---|---|---|
| PRJQX | Class R6 | 0.82% | none |
| PRJZX | Class Z | 0.93% | none |
| PRJAX | Class A | 1.08% | 5.50% |
| PRJDX | Class R4 | 1.09% | none |
| PRJBX | Class R2 | 1.34% | none |
| PRJCX | Class C | 1.92% | 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.