4 / 5 Stars
5 5 5 4 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#1 in Utilities
U.S. News evaluated 17 Utilities Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 37.18 percent over the past year, 19.69 percent over the past three years, 21.01 percent over the past five years, and 13.30 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||21.4%|
|3 Years (Annualized)||19.7%|
|5 Years (Annualized)||21.0%|
|10 Years (Annualized)||13.3%|
The investment seeks total return through a combination of capital appreciation and current income. The fund normally invests at least 80% of the fund's investable assets in equity and equity-related and investment-grade debt securities of utility companies. It may invest more than 5% of the fund's assets in any one issuer. The fund may invest up to 50% of its investable assets in foreign securities. It participates in the initial public offering (IPO) market. In deciding which stocks to buy, it uses what is known as a value investment style. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Prudential Jennison Utility has an expense ratio of 0.85 percent.
Risk is High compared to funds in the same category according to Morningstar.