In mid-September 2021, shareholders of PGIM Jennison 20/20 Focus approved its acquisition by PGIM Jennison Focused Growth SPFZX. But rather than have the merger take effect in October 2021, as previously announced, PGIM Investments has rescheduled it for Dec. 10, 2021, which the firm says is in shareholders' best interests from a tax perspective.
Will PTWAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PTWAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PTWAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PTWAX’s parent organization’s priorities and whether they’re in line with investors’ interests.