This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Prudential Mutual Funds Honored By Lipper

Three Prudential Investments mutual funds won awards based on 10-year risk-adjusted performance at Lipper’s recent annual mutual fund awards ceremony in New York City. The awards honor mutual funds that have delivered consistently competitive risk-adjusted performance relative to peers. Prudential Investments is the mutual fund family of Prudential Financial Inc. (NYSE: PRU) and offers funds across a range of asset classes and sectors, including equity, fixed income, real estate and specialty securities.

All three award-winning mutual funds are managed by Jennison Associates, which builds portfolios from the bottom up, based on its research of individual company fundamentals. Jennison’s investment capabilities span market capitalizations, styles, and geographies. Jennison managed assets of $156.5 billion as of December 31, 2012.

“This is a terrific honor and we are extremely proud to have our mutual funds recognized once again by Lipper," said Stuart Parker, president of Prudential Investments. "The awards bring well-deserved recognition to our Jennison Associates investment managers who work tirelessly to help clients meet their investment objectives in spite of volatile market conditions, which has been vital to the success of our mutual fund business.''

Prudential Investments’ Lipper Award winners for 10-year risk-adjusted investment performance through the period ending November 30, 2012, were as follows:
  • Prudential Jennison Natural Resources Fund, Inc. (Class Z, PNRZX), which won out of 31 funds in the Global Natural Resources category. This is the sixth consecutive year that this fund has won a Lipper Award.
  • Prudential Jennison Mid-Cap Growth Funds Fund, Inc. (Class Z, PEGZX), whi ch won out of 251 funds in the Mid-Cap Growth category. The Fund, which won a Lipper Award in 2007, is one of the largest in its class, with more than $8 billion in assets as of February 28, 2013. The fund will implement a soft close on or about April 8, 2013, to preserve the integrity of the investment process and serve the best interests of existing shareholders.
  • Prudential Jennison Health Sciences Fund* (Class Z, PHSZX), which won out of 48 funds in the Health/Biotechnology category. The Fund has won Lipper Awards five of the last seven years.

Class Z shares are available to individual investors through certain retirement, mutual fund wrap and asset allocation programs, and to institutions at an investment minimum of $10,000,000. Performance by share class may vary. Other share classes, which contain either a sales load or a contingent deferred sales charge, are also available. These expenses could lower total fund return. Please see the prospectus for additional information about fees, expenses and investor eligibility requirements.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs