The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRUQX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PRUQX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PRUQX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Not a defensive specialist.
Todd Trubey
Senior Analyst
Summary
PGIM Jennison Utility features seasoned managers and solid recent returns, but it’s not a standout overall.