For more than 135 years, Prudential Financial Inc. (NYSE: PRU), a market leader in the financial services industry that has more than $1.5 trillion in assets under management (AUM) as of July 1, 2020, has provided services to consumers. The Prudential Group Investment Management, often known as PGIM, manages about $1.3 trillion in assets across over 75 different funds. Its fund selection encompasses various asset-allocation, equity, and fixed-income investment methods. A retirement savings portfolio with five different funds offers outstanding diversity and a proven track record of delivering satisfactory long-term returns. The net asset value (NAV) of a fund's Class A shares is the foundation for all of the company's financial information.

PGIM Jennison Growth Fund

The primary way the PGIM Jennison Growth Fund achieves its goal of providing long-term capital appreciation is by investing in a diversified portfolio of high-growth equity securities issued in the United States. A firm is considered typical if it has a market capitalization of over one billion dollars, above-average growth potential, and strong price momentum. The income generated by the portfolio is not a significant factor to take into account. The fund's assets are roughly 50 equities across nine distinct industries, with average market size of around 408 billion dollars. Over five years, the Growth Fund has generated a total return annualized at 9.75%; over a period of ten years, it has generated a return of 12.10%.

PGIM QMA Stock Index Fund

The PGIM QMA Stock Index Fund is a fund that is managed in a hands-off manner and follows the S&P 500 Index, which is an index of the 500 biggest publicly traded firms in the United States. Instead of choosing winners and losers, the fund invests in all of the stocks of the 500 firms that make up the index according to their weighted value inside the index. This strategy reduces the risk of investing far more than picking winners and losers. This investing creates a fund with minimal operating expenditures, offers investors a high degree of diversification and generates strong returns. Over five years, the Stock Index Fund has generated an annualized total return of 6.03%, while over ten years, it has generated a return of 9.90%.

PGIM Jennison Equity Income Fund

The objective of the PGIM Jennison Equity Income Fund is to maximize both current income and the fund's potential for future value growth. The primary concentration is on large-cap firms with a history of paying significant dividends, are now trading at a discount, and can both maintain and grow their dividend payments. The fund also makes investments in real estate investment trusts (REITs) to increase cash flow. The annualized total return of the PGIM Jennison Equity Income Fund has been 2.56% for the last five years and 8.02% over the past ten years. Additionally, the fund's current yield is 1.49%.

PGIM Jennison Utility Fund

The PGIM Jennison Utility Fund seeks to maximize both current income and long-term capital growth through investments in utility companies and businesses that support the utility industry. Most equities are from telecommunications, cable television companies, gas and electric utilities, and cable TV providers. These firms have a track record of consistently paying dividends.

The demand for these services shows no signs of slowing down, and gas and electric utilities are reaping the benefits of falling prices for their respective commodities for retirement. Rates for natural gas and electricity are not allowed to go lower since the higher input price determines them. The whole amount of money saved from falling raw material prices is considered profit, which paves the way for increased dividends or stock buybacks. Over five years, the Utility Fund has produced a total annualized return of 7.23%, while over ten years, it has produced a return of 11.75%. The yield as of right now is 1.95%.

PGIM's Balanced Investment Fund

The objective of the PGIM Balanced Fund is to provide a high total return and consistent cash flow while maintaining a focus on capital preservation. The fund achieves this aim via actively managing a diversified portfolio consisting of high-dividend equities and fixed-income assets. It is split between equities (about 60%) and fixed income (approximately 40%), with investments totalling over 1,400 distinct securities.

The fixed-income holdings of the PGIM Balanced Fund predominantly consist of government and high-grade corporate notes with short maturities. This strategy was implemented as a hedge against an increase in interest rates. At the time of maturity, these assets have the potential to be rolled over into new notes with increased dividends. Investors are shielded from the risk of experiencing a loss of cash, and the yield on the fund continues to rise. The annualized total return of the Balanced Fund over the last five years is 5.87%, and over the past ten years, it has been 8.75%.