Investment objective & strategy
As of April 17, 2025 · prospectusObjective. The investment objective of the Portfolio is long-term growth of capital.
Strategy. In pursuing its investment objective, the Portfolio normally invests at least 80% of its assets (net assets plus any borrowings made for investment purposes) in all or a representative sample of the stocks in the Standard & Poors Small Capitalization 600 Stock Index (S&P SmallCap 600 Index). As of January 27, 2025, the S&P SmallCap 600 Index stocks had an average market capitalization of $3.6 billion and the largest company by market capitalization had a capitalization of $9.99 billion. The Portfolio invests primarily in equity securities of publicly-traded companies with small market capitalizations. The Portfolio is not managed in the traditional sense of using market and economic analyses to select stocks. Rather, the holdings and weightings that comprise the Portfolios … In pursuing its investment objective, the Portfolio normally invests at least 80% of its assets (net assets plus any borrowings made for investment purposes) in all or a representative sample of the stocks in the Standard & Poors Small Capitalization 600 Stock Index (S&P SmallCap 600 Index). As of January 27, 2025, the S&P SmallCap 600 Index stocks had an average market capitalization of $3.6 billion and the largest company by market capitalization had a capitalization of $9.99 billion. The Portfolio invests primarily in equity securities of publicly-traded companies with small market capitalizations. The Portfolio is not managed in the traditional sense of using market and economic analyses to select stocks. Rather, the holdings and weightings that comprise the Portfolios assets are generally based on that of the Portfolios secondary benchmark, the S&P SmallCap 600 Index.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| PRUDENTIAL INVESTMENT PORTFOLIOS 2 PRUDENTIAL INSTITUTIONA 0.00000000 | — | $462.59M | 34.32% |
| ISHARES CORE S+P SMALL CAP ETF ISHARES CORE S+P SMALL CAP E | IJR | $29.96M | 2.22% |
| EASTMAN CHEMICAL CO | — | $7.43M | 0.55% |
| ELEMENT SOLUTIONS INC | — | $6.63M | 0.49% |
| PRIMORIS SVCS CORP | — | $6.60M | 0.49% |
| VIAVI SOLUTIONS INC | — | $6.57M | 0.49% |
| ARGAN INC | — | $6.45M | 0.48% |
| LKQ CORP | — | $6.42M | 0.48% |
| FORMFACTOR INC | — | $6.42M | 0.48% |
| JACKSON FINANCIAL INC | — | $6.39M | 0.47% |
Portfolio moves
Dec 31, 2025 → Mar 31, 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. |
|---|---|---|
| MOA SMALL CAP EQUITY INDEX FUND | 74% | 0.16% |
| JNL Small Cap Index Fund | 73% | 0.10% |
| Small Cap Stock Index Portfolio | 73% | 0.61% |
Advisers
| Firm | Role |
|---|---|
| PGIM INVESTMENTS LLC | Adviser |
| PGIM Quantitative Solutions LLC | Sub-adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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