Investment objective & strategy
As of April 17, 2025 · prospectusObjective. The investment objective of the Portfolio is to achieve investment results that generally correspond to the performance of publicly-traded common stocks.
Strategy. In pursuing its investment objective, the Portfolio normally invests at least 80% its assets (net assets plus any borrowings made for investment purposes) in common stocks of companies that comprise the S&P 500 Index. The Portfolios subadviser, PGIM Quantitative Solutions LLC, will attempt to remain as fully invested in the S&P 500 Index stocks as possible in light of cash flow into and out of the Portfolio. To achieve the Portfolios objective, the subadviser uses the performance of the S&P 500 Index. The subadviser aims to hold the same security composition as the S&P 500 Index, with the exception of Prudential Financial stock. Under normal conditions, the subadviser attempt to invest in all 500 companies represented in the S&P 500 … In pursuing its investment objective, the Portfolio normally invests at least 80% its assets (net assets plus any borrowings made for investment purposes) in common stocks of companies that comprise the S&P 500 Index. The Portfolios subadviser, PGIM Quantitative Solutions LLC, will attempt to remain as fully invested in the S&P 500 Index stocks as possible in light of cash flow into and out of the Portfolio. To achieve the Portfolios objective, the subadviser uses the performance of the S&P 500 Index. The subadviser aims to hold the same security composition as the S&P 500 Index, with the exception of Prudential Financial stock. Under normal conditions, the subadviser attempt to invest in all 500 companies represented in the S&P 500 Index in proportion to their weighting in the S&P 500 Index. The S&P 500 Index is a market-weighted index, which represents more than 70% of the market value of all publicly-traded common stocks. The Portfolio is not managed in the traditional sense of using market and economic analyses to select stocks. Rather, the portfolio managers generally purchase stocks in proportion to their weighting in the S&P 500 Index. The subadviser may also use alternative investment strategies including derivatives to try to improve the Portfolios returns or for short-term cash management. There is no guarantee that these strategies will work, that the instruments necessary to implement these strategies will be available, or that the Portfolio will not lose money.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $717.10M | 7.28% |
| APPLE INC | — | $630.47M | 6.40% |
| MICROSOFT CORP | — | $465.12M | 4.72% |
| AMAZON.COM INC | — | $344.27M | 3.49% |
| PRUDENTIAL INVESTMENT PORTFOLIOS 2 PRUDENTIAL INSTITUTIONA 0.00000000 | — | $312.99M | 3.18% |
| ALPHABET INC CL A | — | $283.30M | 2.88% |
| BROADCOM INC | — | $248.32M | 2.52% |
| ALPHABET INC CL C | — | $227.02M | 2.30% |
| PRUDENTIAL CORE ULTRA SHORT BOND FUND 0.00000000 | — | $213.28M | 2.16% |
| META PLATFORMS INC CL A | — | $211.75M | 2.15% |
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. |
|---|---|---|
| JNL S&P 500 Index Fund | 94% | 0.09% |
| S&P 500 Index Master Portfolio | 94% | — |
| PGIM Quant Solutions Large-Cap Index Fund · PSIAX, PSICX, PSIFX, PDSIX, PQSIX | 94% | 0.12% |
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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