PGIM Jennison Global Equity Income Fund (AGOCX)
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
| ISIN | US74441L8735 |
|---|---|
| CUSIP | 74441L873 |
| Issuer | PGIM Investments |
| Inception Date | Dec 30, 1997 |
| Category | Global Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
AGOCX has a high expense ratio of 1.94%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: AGOCX vs. SCHD
Performance
Performance Chart
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.
Returns By Period
PGIM Jennison Global Equity Income Fund had a return of 8.01% year-to-date (YTD) and 10.10% in the last 12 months. Over the past 10 years, PGIM Jennison Global Equity Income Fund had an annualized return of 5.55%, while the S&P 500 had an annualized return of 10.58%, indicating that PGIM Jennison Global Equity Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.01% | 13.20% |
| 1 month | 2.57% | -1.28% |
| 6 months | 7.92% | 10.32% |
| 1 year | 10.10% | 18.23% |
| 5 years (annualized) | 6.72% | 12.31% |
| 10 years (annualized) | 5.55% | 10.58% |
Monthly Returns
The table below presents the monthly returns of AGOCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.64% | 2.59% | 3.12% | -3.87% | 3.93% | -0.08% | 8.01% | ||||||
| 2023 | 4.03% | -1.94% | 0.84% | 1.87% | -4.55% | 4.62% | 2.84% | -3.54% | -3.86% | -2.99% | 7.23% | 5.39% | 9.41% |
| 2022 | -1.78% | -3.85% | 2.52% | -4.52% | 0.16% | -8.29% | 5.02% | -4.45% | -9.65% | 9.64% | 8.70% | -3.77% | -11.69% |
| 2021 | -0.76% | 2.38% | 4.98% | 2.78% | 2.08% | -1.31% | 1.39% | 1.75% | -4.92% | 6.23% | -1.19% | 5.77% | 20.27% |
| 2020 | -0.81% | -8.05% | -14.96% | 8.11% | 3.41% | 2.48% | 5.37% | 3.07% | -2.52% | -3.43% | 13.47% | 2.56% | 5.72% |
| 2019 | 5.43% | 3.57% | 1.41% | 3.18% | -6.55% | 6.26% | 1.01% | -1.85% | 2.50% | -0.15% | 2.39% | 2.68% | 21.02% |
| 2018 | 4.71% | -3.62% | -2.11% | 0.13% | 0.73% | -0.59% | 3.78% | 1.98% | 1.08% | -6.84% | 1.01% | -7.42% | -7.69% |
| 2017 | 0.71% | 3.18% | -0.87% | 1.18% | -0.41% | 0.87% | 1.43% | 1.08% | 1.36% | 2.32% | 2.85% | 0.17% | 14.68% |
| 2016 | -4.08% | -0.77% | 6.47% | 0.59% | 1.82% | 1.78% | 1.62% | -2.57% | -0.46% | -2.37% | 1.84% | 2.35% | 5.94% |
| 2015 | -1.42% | 4.52% | -0.75% | -0.06% | 0.55% | -2.54% | 0.81% | -6.91% | -4.05% | 7.43% | -2.20% | -1.27% | -6.46% |
| 2014 | -3.30% | 4.51% | 0.68% | 0.06% | 2.63% | 2.25% | -1.63% | 3.73% | -2.13% | 1.09% | 2.45% | -1.33% | 9.03% |
| 2013 | 5.45% | 0.07% | 4.53% | 2.20% | -0.40% | -2.39% | 5.59% | -2.91% | 4.04% | 4.27% | 3.47% | 2.60% | 29.39% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AGOCX is 42, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PGIM Jennison Global Equity Income Fund (AGOCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
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 $1.06 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.06 | $1.06 | $0.99 | $0.71 | $1.10 | $1.53 | $2.68 | $0.81 | $0.22 | $1.63 | $1.31 | $0.98 |
Dividend yield | 9.15% | 9.74% | 9.10% | 5.29% | 9.25% | 12.44% | 23.46% | 5.31% | 1.56% | 12.12% | 8.14% | 6.11% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.11 | $0.00 | $0.18 | |||||
| 2023 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.84 | $1.06 |
| 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 | $0.99 |
| 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 | $0.71 |
| 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 | $1.10 |
| 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 | $1.53 |
| 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 | $2.68 |
| 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 | $0.81 |
| 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 | $0.22 |
| 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 | $1.63 |
| 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 | $1.31 |
| 2013 | $0.06 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.77 | $0.98 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM Jennison Global Equity Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PGIM Jennison Global Equity Income Fund was 64.00%, occurring on Mar 9, 2009. Recovery took 1164 trading sessions.
The current PGIM Jennison Global Equity Income Fund drawdown is 1.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -64% | Nov 1, 2007 | 338 | Mar 9, 2009 | 1164 | Oct 22, 2013 | 1502 |
| -43.97% | May 22, 2001 | 344 | Oct 9, 2002 | 816 | Jan 6, 2006 | 1160 |
| -34.69% | Feb 20, 2020 | 23 | Mar 23, 2020 | 172 | Nov 24, 2020 | 195 |
| -24.53% | Jan 13, 2022 | 188 | Oct 12, 2022 | 398 | May 14, 2024 | 586 |
| -20.05% | Apr 27, 2015 | 202 | Feb 11, 2016 | 356 | Jul 12, 2017 | 558 |
Volatility
Volatility Chart
The current PGIM Jennison Global Equity Income Fund volatility is 2.40%, 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.