Investment objective & strategy
As of Dec. 23, 2025 · prospectusObjective. The investment objective of the Fund is long-term growth of capital .
Strategy. The Fund seeks investments that will appreciate over time. The Funds goal is to outperform the returns of the S&P 500 Index over the long term. The Fund normally invests at least 80% of its investable assets in equity and equity-related securities of large capitalization U.S. companies. The term investable assets refers to the Funds net assets plus any borrowings for investment purposes. The Funds investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. The subadviser employs a quantitatively driven, bottom-up investment process. The stock selection process utilizes an adaptive model that evaluates stocks differently based on their growth expectations. The subadviser constructs … The Fund seeks investments that will appreciate over time. The Funds goal is to outperform the returns of the S&P 500 Index over the long term. The Fund normally invests at least 80% of its investable assets in equity and equity-related securities of large capitalization U.S. companies. The term investable assets refers to the Funds net assets plus any borrowings for investment purposes. The Funds investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. The subadviser employs a quantitatively driven, bottom-up investment process. The stock selection process utilizes an adaptive model that evaluates stocks differently based on their growth expectations. The subadviser constructs portfolios that seek to maximize the Funds investments in the most attractive stocks identified by the model, subject to risk constraints. At times, the Fund may have a significant portion of its assets invested in the same economic sector.
Top holdings
As of Jan. 30, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $74.66M | 7.63% |
| APPLE INC | — | $65.28M | 6.67% |
| MICROSOFT CORP | — | $44.27M | 4.52% |
| ALPHABET INC CL A | — | $36.29M | 3.71% |
| ALPHABET INC CL C | — | $29.98M | 3.06% |
| AMAZON.COM INC | — | $28.39M | 2.90% |
| META PLATFORMS INC CL A | — | $24.85M | 2.54% |
| BROADCOM INC | — | $22.46M | 2.30% |
| JOHNSON&JOHNSON | — | $16.28M | 1.66% |
| MASTERCARD INC CL A | — | $15.79M | 1.61% |
Portfolio moves
Oct 31, 2025 → Jan 30, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Optimized Equity Income ETF · OEI | 64% | 0.75% |
| LVIP Franklin Templeton Multi-Factor Large Cap Equity Fund | 63% | 0.36% |
| VANGUARD MEGA CAP INDEX FUND · VMCTX, MGC | 63% | 0.05% |
Advisers
| Firm | Role |
|---|---|
| PGIM INVESTMENTS LLC | Adviser |
| PGIM Quantitative Solutions LLC | Sub-adviser |
Footnotes
- Expense ratio as of December 23, 2025, from the fund's prospectus.
- Net assets and holdings count as of January 30, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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