Prudential Jennison Natural Resources A (PGNAX - Free Report) a Zacks Rank #1 (Strong Buy) invests the majority of its assets in equity related securities of natural resource companies and in asset-based securities. Natural resource companies are companies that own, explore, mine, process or otherwise develop, or provide goods and services with respect to, natural resources.
This Sector – Energy fund, as of the last filing, allocates their fund in three major groups; Large Value, High Yield Bond and Precious Metal. Further, as of the last filing, CONCHO RESOURCES INC, HALLIBURTON CO and SCHLUMBERGER LTD were the top holdings for PGNAX.
The Prudential Jennison Natural Resources A fund, managed by Prudential, carries an expense ratio of 1.3%. Moreover, PGNAX requires a minimal initial investment of $2,500.
PGNAX has a history of positive total returns for over 10 years. Specifically, the fund’s return over the 1 year is 22.75%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
PGNAX’s performance, as of the last filing, when compared to funds in its category was in the top 17% in 1 year.
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