PUREX Performance — PGIM Global Real Estate Fund, Class R2
Data updated: 2026-09-29
PUREX returned +14.26% year to date and +19.60% over one year to Jul 2026. Annualised returns are +10.08% over 3 years and +2.02% over 5 years. The fund beat its Global Real Estate category average: $100 invested three years ago grew to $133, against $131 for the category, and to $120 over one year, against $117. Volatility over the past three years was 16.09% a year. In the 12 months to Jul 2026 the fund took in a net $155.2M, and assets reached $1.12B.
PUREX Growth of $100
What $100 invested in PGIM Global Real Estate Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Real Estate category average over the same months.
| Period | PUREX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $120 | $117 |
| 3 years (Aug 2023 – Jul 2026) | $133 | $131 |
| 5 years (Aug 2021 – Jul 2026) | $111 | $113 |
| Since data start (Aug 2019 – Jul 2026) | $134 | $139 |
PUREX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.26% |
| 1 year | +19.60% |
| 3 years (annualised) | +10.08% |
| 5 years (annualised) | +2.02% |
PUREX Annual Returns
Calendar-year total returns of PGIM Global Real Estate Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +14.26% |
| 2025 | +8.85% |
| 2024 | +3.26% |
| 2023 | +10.87% |
| 2022 | −26.97% |
| 2021 | +27.43% |
| 2020 | −4.75% |
| 2019 (Aug–Dec) | +6.03% |
PUREX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.1% | +8.0% | −8.4% | +8.6% | −1.6% | +1.4% | +2.4% | — | — | — | — | — |
| 2025 | +1.7% | +1.8% | −2.5% | +1.0% | +3.0% | +1.2% | −2.1% | +4.6% | +1.1% | −1.3% | +2.0% | −1.7% |
| 2024 | −4.0% | +1.1% | +3.9% | −6.2% | +4.1% | −0.1% | +6.1% | +6.1% | +3.2% | −4.8% | +2.6% | −7.5% |
| 2023 | +9.3% | −4.8% | −1.6% | +2.6% | −4.5% | +2.9% | +3.5% | −2.9% | −6.1% | −4.3% | +9.4% | +8.9% |
| 2022 | −6.1% | −2.7% | +4.5% | −5.8% | −5.9% | −8.9% | +8.4% | −6.8% | −12.5% | +2.0% | +8.2% | −3.0% |
| 2021 | −1.5% | +5.2% | +1.9% | +5.8% | +1.7% | +1.8% | +3.6% | +1.7% | −5.7% | +6.5% | −2.3% | +6.4% |
| 2020 | +2.2% | −7.8% | −19.1% | +5.5% | +2.3% | +2.5% | +4.5% | +2.0% | −3.1% | −3.2% | +8.8% | +3.7% |
| 2019 | — | — | — | — | — | — | — | +2.5% | +1.7% | +2.9% | −1.0% | −0.1% |
PUREX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.09%
- 3-year Sharpe ratio: 0.35 (vs 4.5% risk-free rate)
- Best month: +9.39% (Nov 2023)
- Worst month: −8.42% (Mar 2026)
PUREX Fund Flows
Monthly money in and out of PGIM Global Real Estate Fund, from SEC Form N-PORT.
- 12-month net flow: $155.2M
- 12-month gross sales (incl. reinvestments): $752.3M
- Sales ÷ redemptions: 1.26×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $30.5M | $45.7M | −$15.2M |
| Jun 2026 | $60.8M | $21.3M | $39.5M |
| May 2026 | $69.4M | $46.4M | $23.0M |
| Apr 2026 | $25.9M | $136.6M | −$110.7M |
| Mar 2026 | $93.1M | $236.1M | −$143.0M |
| Feb 2026 | $266.0M | $14.8M | $251.2M |
| Jan 2026 | $46.4M | $14.1M | $32.4M |
| Dec 2025 | $75.0M | $20.4M | $54.6M |
| Nov 2025 | $22.0M | $13.9M | $8.0M |
| Oct 2025 | $35.6M | $18.1M | $17.5M |
| Sep 2025 | $18.5M | $17.5M | $979K |
| Aug 2025 | $9.2M | $12.1M | −$2.9M |
PUREX Assets Under Management
Net assets of PGIM Global Real Estate Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.12B |
| 2026-04-30 | $1.05B |
| 2026-01-30 | $1.01B |
| 2025-10-31 | $882.87M |
| 2025-07-31 | $833.97M |
| 2025-04-30 | $835.64M |
| 2025-01-31 | $894.52M |
| 2024-10-31 | $870.69M |
| 2024-07-31 | $886.81M |
| 2024-04-30 | $831.78M |
| 2024-01-31 | $1.03B |
| 2023-10-31 | $900.35M |
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.