Target Small Capitalization Value is quite diversified.
As of August 18, 2021, the fund has assets totaling almost $674.54 million invested in 324 different holdings. Its portfolio consists of shares of small- and midsized companies.
As of the end of January, this fund owned shares of 665 companies. Only one name, Bucyrus International, accounted for more than 1 percent of its portfolio. To put that into perspective, investors in this fund get substantially more diversification, at least when measured by number of holdins, than they would in an S&P 500 index fund. Lately, the fund has had mixed results. In 2009 and 2010, it finished in the bottom half of Morningstars small-value category. This year, however, things have been looking up, and management has done a solid job of navigating difficult market conditions. The fund has returned 84.07 percent over the past year and 5.46 percent over the past three years.
This fund looks for undervalued companies with room to grow. Like many of its peers, it has substantial stakes in the financial services and industrials sectors. Because it is so broadly diversified, it will rarely stand out in individual years. Its long-term results, however, are stellar. As of the end of May, its trailing 10-year returns landed it in the top 6 percent of its Morningstar category. The fund has returned 9.40 percent over the past five years and 9.75 percent over the past decade.
U.S. News evaluated 419 Small Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
TASVX is not currently ranked.
Trailing Total Returns Monthly
|S&P 500 TR USD||2.38||5.5||19.19||36.45|
|+/- S&P 500 TR USD||-4.69||-5.69||4.84||47.62|
|+/- Category (SV)||-0.02||0.72||4.45||21.62|
|Rank in Category||53||28||11||5|
According to the funds prospectus: The Portfolio seeks investments that will increase in value. To achieve our objective, we invest in stocks of small companies that we believe are undervalued and have an above-average potential to increase in price, given the companys sales, earnings, book value, cash flow and recent performance.
Role in Portfolio
This fund could lend support to a well-balanced portfolio.
Paul Magnuson and Paul Viera run the fund.
The fund has returned 84.07 percent over the past year, 5.46 percent over the past three years, 9.40 percent over the past five years, and 9.75 percent over the past decade.
PGIM QMA Small-Cap Value Fund has an expense ratio of 0.73 percent.
Net Expense Ratio
Category Average: 1.21%*
Category Average: 0.78%*
Like all stock funds, this one comes with some risks.
Volitility measures reflect the uncertainty or risk of change in a security`s value.
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