Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG).
Industry description
The investment seeks total return through a combination of capital appreciation and current income.
The fund normally invests at least 80% of its investable assets in equity and equity-related and investment-grade debt securities of utility companies. The term "investable assets" refers to the fund's net assets plus any borrowings for investment purposes. The fund's investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. It is non-diversified.
Market Cap
The average market capitalization across the PGIM Jennison Utility R6 MF is 43.36B. The market cap for tickers in the group ranges from 12.3B to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is NI at 12.3B.
Volume
The average weekly volume growth across all stocks in the PGIM Jennison Utility R6 MF was 199%. For the same stocks of the MF, the average monthly volume growth was 182% and the average quarterly volume growth was 18%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 67
P/E Growth Rating: 44
Price Growth Rating: 46
SMR Rating: 59
Profit Risk Rating: 33
Seasonality Score: 8 (-100 ... +100)