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Time to Buy Prudential Jennison Growth A Fund (PJFAX)

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Prudential Jennison Growth A Fund (PJFAX - Free Report) seeks long-term capital growth. PJFAXinvests at least 65% of its total assets in equity-related securities of companies that exceed $1 billion in market capitalization and are believed to provide investment returns above those of the Standard & Poor's 500 Composite Stock Price Index (S&P 500 Index) over the long-term. These companies are generally considered medium- to large-capitalization companies. PJFAXprimarily invests in common stocks, nonconvertible preferred stocks and convertible securities. PJFAXuses a growth investment style in purchasing stocks. 

This Large Growth producthas a history of positive total returns for over 10 years.  Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 10.4% and 5 year 15.1%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.  

PJFAX’s performance, as of the last filing, when compared to funds in its category was in the top 11% over the past 1 year, and in the top 11% over the past 3 years and in the top 11% over the past 5 years.

The Prudential Jennison Growth A Fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Emerging Market. Further, as of the last filing, Apple Inc, Amazon.Com Inc and Facebook Inc were the top holdings for PJFAX.

This Zacks Rank #2 (Buy) was incepted in November 1995 and is managed by Prudential. PJFAX carries an expense ratio of 1.04% and requires a minimal initial investment of $2,500.

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