Prudential Global Preferred Equity Fund (PGP)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

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

Based on dividend-adjusted daily data since May 26, 2005, PGP's average daily return is +0.05%, while the average monthly return is +0.90%. At this rate, your investment would double in approximately 6.4 years.

Historically, 62% of months were positive and 38% were negative. The best month was Dec 2008 with a return of +31.9%, while the worst month was Nov 2008 at -26.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PGP closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +27.9%, while the worst single day was Mar 18, 2020 at -31.2%.

Prudential Global Preferred Equity Fund has an annualized alpha of 4.54%, beta of 0.69, and R² of 0.20 versus S&P 500 Index. Calculated based on daily prices since May 27, 2005.

• This fund participated in 115.19% of S&P 500 Index downside but only 108.89% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.69 may look defensive, but with R² of 0.20 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.20 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

The table below present risk-adjusted performance metrics for Prudential Global Preferred Equity Fund (PGP) and compare them to a chosen benchmark (S&P 500 Index).

Prudential Global Preferred Equity Fund provided a 7.47% dividend yield over the last twelve months, with an annual payout of $0.69 per share. The fund has been increasing its distributions for 4 consecutive years.

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

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Prudential Global Preferred Equity 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 Prudential Global Preferred Equity Fund was 64.94%, occurring on Nov 21, 2008. Recovery took 197 trading sessions.

The chart below shows the rolling one-month volatility.