PGIM Jennison MLP Fund (PRPZX)

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 PGIM Jennison MLP Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

PGIM Jennison MLP Fund (PRPZX) has returned 21.04% so far this year and 22.94% over the past 12 months. Over the last ten years, PRPZX has had an annualized return of 11.78%, just under the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since Dec 19, 2013, PRPZX's average daily return is +0.04%, while the average monthly return is +0.76%. At this rate, your investment would double in approximately 7.6 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +23.9%, while the worst month was Mar 2020 at -37.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, PRPZX closed higher 51% of trading days. The best single day was Dec 18, 2024 with a return of +39.4%, while the worst single day was Dec 19, 2024 at -30.9%.

PGIM Jennison MLP Fund has an annualized alpha of 1.10%, beta of 0.81, and R² of 0.25 versus S&P 500 Index. Calculated based on daily prices since December 20, 2013.

• This fund participated in 93.33% of S&P 500 Index downside but only 77.43% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.25 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.

PRPZX has a high expense ratio of 1.19%, indicating above-average management fees.

PRPZX ranks 65 for risk / return — better than 65% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for PGIM Jennison MLP Fund (PRPZX) and compare them to a chosen benchmark (S&P 500 Index).

PGIM Jennison MLP Fund provided a 8.48% dividend yield over the last twelve months, with an annual payout of $0.62 per share.

The table displays the monthly dividend distributions for PGIM Jennison MLP 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 PGIM Jennison MLP 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 MLP Fund was 69.62%, occurring on Mar 18, 2020. Recovery took 841 trading sessions.

The current PGIM Jennison MLP Fund drawdown is 7.10%.

The chart below shows the rolling one-month volatility.