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PGIM Jennison Global Equity Income Fund (AGOCX)

Mutual Fund · Currency in USD · Last updated May 27, 2023

The investment seeks income and capital appreciation. The fund invests under normal circumstances at least 80% of its investable assets in income-producing equity and equity-related securities. Equity and equity-related securities include common stocks, securities convertible or exchangeable for common stock or the cash value of such common stock, nonconvertible preferred stocks and convertible securities, warrants and rights that can be exercised to obtain stock.

Fund Info

ISINUS74441L8735
CUSIP74441L873
IssuerPGIM Investments
Inception DateDec 30, 1997
CategoryGlobal Equities
Minimum Investment$1,000
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Value

Expense Ratio

The PGIM Jennison Global Equity Income Fund has a high expense ratio of 1.94%, indicating higher-than-average management fees.


1.94%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in PGIM Jennison Global Equity Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-4.00%-2.00%0.00%2.00%4.00%6.00%December2023FebruaryMarchAprilMay
-1.05%
6.09%
AGOCX (PGIM Jennison Global Equity Income Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with AGOCX

Return

PGIM Jennison Global Equity Income Fund had a return of 0.73% year-to-date (YTD) and -4.47% in the last 12 months. Over the past 10 years, PGIM Jennison Global Equity Income Fund had an annualized return of 5.96%, while the S&P 500 had an annualized return of 9.83%, indicating that PGIM Jennison Global Equity Income Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-3.08%1.70%
Year-To-Date0.73%9.53%
6 months-2.51%4.45%
1 year-4.47%1.14%
5 years (annualized)4.69%9.10%
10 years (annualized)5.96%9.83%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20234.03%-1.93%0.72%1.87%
20229.64%8.70%-3.77%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Global Equity Income Fund (AGOCX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AGOCX
PGIM Jennison Global Equity Income Fund
-0.13
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current PGIM Jennison Global Equity Income Fund Sharpe ratio is -0.13. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.000.200.40December2023FebruaryMarchAprilMay
-0.13
0.27
AGOCX (PGIM Jennison Global Equity Income Fund)
Benchmark (^GSPC)

Dividend History

PGIM Jennison Global Equity Income Fund granted a 9.15% dividend yield in the last twelve months. The annual payout for that period amounted to $1.01 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$1.01$0.99$0.71$1.10$1.53$2.68$0.81$0.22$1.63$1.31$0.98$0.43

Dividend yield

9.15%9.10%5.77%10.65%15.68%33.28%9.31%2.88%22.76%17.15%13.96%7.92%

Monthly Dividends

The table displays the monthly dividend distributions for PGIM Jennison Global Equity Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.01$0.00
2022$0.00$0.00$0.01$0.00$0.00$0.10$0.00$0.00$0.02$0.00$0.00$0.86
2021$0.00$0.00$0.02$0.00$0.00$0.09$0.00$0.00$0.03$0.00$0.00$0.58
2020$0.00$0.00$0.02$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.94
2019$0.00$0.00$0.07$0.00$0.00$0.03$0.00$0.00$0.05$0.00$0.00$1.38
2018$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.20$0.00$0.00$2.41
2017$0.00$0.00$0.00$0.00$0.00$0.04$0.00$0.00$0.14$0.00$0.00$0.63
2016$0.00$0.00$0.00$0.00$0.00$0.05$0.00$0.00$0.08$0.00$0.00$0.10
2015$0.00$0.00$0.05$0.00$0.00$0.04$0.00$0.00$0.09$0.00$0.00$1.44
2014$0.00$0.00$0.38$0.00$0.00$0.14$0.00$0.00$0.03$0.00$0.00$0.77
2013$0.00$0.00$0.06$0.00$0.00$0.12$0.00$0.00$0.03$0.00$0.00$0.77
2012$0.05$0.00$0.00$0.09$0.00$0.00$0.13$0.00$0.00$0.16

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%December2023FebruaryMarchAprilMay
-12.47%
-12.32%
AGOCX (PGIM Jennison Global Equity Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the PGIM Jennison Global Equity Income Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the PGIM Jennison Global Equity Income Fund is 64.00%, recorded on Mar 9, 2009. It took 1164 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-64%Nov 1, 2007338Mar 9, 20091164Oct 22, 20131502
-43.97%May 22, 2001344Oct 9, 2002816Jan 6, 20061160
-34.69%Feb 20, 202023Mar 23, 2020172Nov 24, 2020195
-24.53%Jan 13, 2022188Oct 12, 2022
-20.05%Apr 27, 2015202Feb 11, 2016356Jul 12, 2017558

Volatility Chart

The current PGIM Jennison Global Equity Income Fund volatility is 3.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%December2023FebruaryMarchAprilMay
3.07%
3.82%
AGOCX (PGIM Jennison Global Equity Income Fund)
Benchmark (^GSPC)