UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: | 811-06677 | |
Exact name of registrant as specified in charter: | Prudential Investment Portfolios 8 | |
Address of principal executive offices: | 655 Broad Street, 17th Floor, | |
Newark, New Jersey 07102 | ||
Name and address of agent for service: | Deborah A. Docs | |
655 Broad Street, 17th Floor, | ||
Newark, New Jersey 07102 | ||
Registrants telephone number, including area code: | 800-225-1852 | |
Date of fiscal year end: | 9/30/2017 | |
Date of reporting period: | 6/30/2017 |
Item 1. | Schedule of Investments |
Prudential QMA Stock Index Fund
Schedule of Investments
as of June 30, 2017 (unaudited)
Shares | Value | |||||||
LONG-TERM INVESTMENTS 97.2% |
||||||||
COMMON STOCKS 97.0% |
||||||||
Aerospace & Defense 2.3% |
||||||||
Arconic, Inc. |
22,181 | $ | 502,400 | |||||
Boeing Co. (The) |
28,934 | 5,721,699 | ||||||
General Dynamics Corp. |
14,612 | 2,894,637 | ||||||
L3 Technologies, Inc. |
4,200 | 701,736 | ||||||
Lockheed Martin Corp. |
12,856 | 3,568,954 | ||||||
Northrop Grumman Corp. |
8,948 | 2,297,041 | ||||||
Raytheon Co. |
14,944 | 2,413,157 | ||||||
Rockwell Collins, Inc. |
8,363 | 878,784 | ||||||
Textron, Inc. |
13,234 | 623,321 | ||||||
TransDigm Group, Inc. |
2,500 | 672,175 | ||||||
United Technologies Corp. |
38,440 | 4,693,909 | ||||||
|
|
|||||||
24,967,813 | ||||||||
|
|
|||||||
Air Freight & Logistics 0.7% |
||||||||
C.H. Robinson Worldwide, Inc. |
6,500 | 446,420 | ||||||
Expeditors International of Washington, Inc. |
9,000 | 508,320 | ||||||
FedEx Corp. |
12,616 | 2,741,835 | ||||||
United Parcel Service, Inc. (Class B Stock) |
35,500 | 3,925,945 | ||||||
|
|
|||||||
7,622,520 | ||||||||
|
|
|||||||
Airlines 0.6% |
||||||||
Alaska Air Group, Inc. |
6,500 | 583,440 | ||||||
American Airlines Group, Inc. |
24,700 | 1,242,904 | ||||||
Delta Air Lines, Inc. |
37,200 | 1,999,128 | ||||||
Southwest Airlines Co. |
30,774 | 1,912,296 | ||||||
United Continental Holdings, Inc.* |
14,300 | 1,076,075 | ||||||
|
|
|||||||
6,813,843 | ||||||||
|
|
|||||||
Auto Components 0.2% |
||||||||
BorgWarner, Inc. |
9,700 | 410,892 | ||||||
Delphi Automotive PLC |
13,700 | 1,200,805 | ||||||
Goodyear Tire & Rubber Co. (The) |
12,871 | 449,970 | ||||||
|
|
|||||||
2,061,667 | ||||||||
|
|
|||||||
Automobiles 0.5% |
||||||||
Ford Motor Co. |
199,238 | 2,229,473 | ||||||
General Motors Co. |
70,200 | 2,452,086 | ||||||
Harley-Davidson, Inc. |
8,800 | 475,376 | ||||||
|
|
|||||||
5,156,935 | ||||||||
|
|
|||||||
Banks 6.3% |
||||||||
Bank of America Corp. |
510,495 | 12,384,609 | ||||||
BB&T Corp. |
41,258 | 1,873,526 | ||||||
Citigroup, Inc. |
140,915 | 9,424,395 | ||||||
Citizens Financial Group, Inc. |
25,700 | 916,976 | ||||||
Comerica, Inc. |
9,261 | 678,276 | ||||||
Fifth Third Bancorp |
37,673 | 977,991 | ||||||
Huntington Bancshares, Inc. |
55,429 | 749,400 | ||||||
JPMorgan Chase & Co. |
181,893 | 16,625,020 | ||||||
KeyCorp |
55,735 | 1,044,474 | ||||||
M&T Bank Corp. |
8,100 | 1,311,795 | ||||||
Peoples United Financial, Inc. |
16,200 | 286,092 | ||||||
PNC Financial Services Group, Inc. (The) |
24,802 | 3,097,026 | ||||||
Regions Financial Corp. |
60,074 | 879,483 | ||||||
SunTrust Banks, Inc. |
24,683 | 1,400,020 | ||||||
U.S. Bancorp |
80,895 | 4,200,068 | ||||||
Wells Fargo & Co. |
230,216 | 12,756,268 | ||||||
Zions Bancorporation |
9,700 | 425,927 | ||||||
|
|
|||||||
69,031,346 | ||||||||
|
|
Beverages 2.0% |
||||||||
Brown-Forman Corp. (Class B Stock) |
8,760 | 425,736 | ||||||
Coca-Cola Co. (The) |
196,864 | 8,829,350 | ||||||
Constellation Brands, Inc. (Class A Stock) |
8,900 | 1,724,197 | ||||||
Dr. Pepper Snapple Group, Inc. |
9,300 | 847,323 | ||||||
Molson Coors Brewing Co. (Class B Stock) |
9,494 | 819,712 | ||||||
Monster Beverage Corp.* |
20,650 | 1,025,892 | ||||||
PepsiCo, Inc. |
73,151 | 8,448,209 | ||||||
|
|
|||||||
22,120,419 | ||||||||
|
|
|||||||
Biotechnology 2.9% |
||||||||
AbbVie, Inc. |
81,774 | 5,929,433 | ||||||
Alexion Pharmaceuticals, Inc.* |
11,600 | 1,411,372 | ||||||
Amgen, Inc. |
37,846 | 6,518,217 | ||||||
Biogen, Inc.* |
11,070 | 3,003,955 | ||||||
Celgene Corp.* |
39,900 | 5,181,813 | ||||||
Gilead Sciences, Inc. |
66,900 | 4,735,182 | ||||||
Incyte Corp.* |
8,900 | 1,120,599 | ||||||
Regeneron Pharmaceuticals, Inc.* |
3,930 | 1,930,180 | ||||||
Vertex Pharmaceuticals, Inc.* |
12,800 | 1,649,536 | ||||||
|
|
|||||||
31,480,287 | ||||||||
|
|
|||||||
Building Products 0.3% |
||||||||
Allegion PLC |
4,733 | 383,941 | ||||||
Fortune Brands Home & Security, Inc. |
8,000 | 521,920 | ||||||
Johnson Controls International PLC |
47,487 | 2,059,036 | ||||||
Masco Corp. |
15,926 | 608,533 | ||||||
|
|
|||||||
3,573,430 | ||||||||
|
|
|||||||
Capital Markets 2.8% |
||||||||
Affiliated Managers Group, Inc. |
3,000 | 497,580 | ||||||
Ameriprise Financial, Inc. |
7,971 | 1,014,629 | ||||||
Bank of New York Mellon Corp. (The) |
53,238 | 2,716,203 | ||||||
BlackRock, Inc. |
6,220 | 2,627,390 | ||||||
CBOE Holdings, Inc. |
4,400 | 402,160 | ||||||
Charles Schwab Corp. (The) |
62,111 | 2,668,288 | ||||||
CME Group, Inc. |
17,600 | 2,204,224 | ||||||
E*TRADE Financial Corp.* |
13,420 | 510,363 | ||||||
Franklin Resources, Inc. |
17,442 | 781,227 | ||||||
Goldman Sachs Group, Inc. (The) |
18,900 | 4,193,910 | ||||||
Intercontinental Exchange, Inc. |
30,640 | 2,019,789 | ||||||
Invesco Ltd. |
19,900 | 700,281 | ||||||
Moodys Corp. |
8,576 | 1,043,528 | ||||||
Morgan Stanley |
73,136 | 3,258,940 | ||||||
Nasdaq, Inc. |
5,900 | 421,791 | ||||||
Northern Trust Corp. |
11,162 | 1,085,058 | ||||||
Raymond James Financial, Inc. |
6,600 | 529,452 | ||||||
S&P Global, Inc. |
13,200 | 1,927,068 | ||||||
State Street Corp. |
17,962 | 1,611,730 | ||||||
T. Rowe Price Group, Inc. |
12,600 | 935,046 | ||||||
|
|
|||||||
31,148,657 | ||||||||
|
|
|||||||
Chemicals 2.1% |
||||||||
Air Products & Chemicals, Inc. |
11,132 | 1,592,544 | ||||||
Albemarle Corp. |
5,600 | 591,024 | ||||||
CF Industries Holdings, Inc. |
10,800 | 301,968 | ||||||
Dow Chemical Co. (The) |
57,536 | 3,628,796 |
E.I. du Pont de Nemours & Co. |
44,644 | 3,603,217 | ||||||
Eastman Chemical Co. |
7,386 | 620,350 | ||||||
Ecolab, Inc. |
13,282 | 1,763,186 | ||||||
FMC Corp. |
6,600 | 482,130 | ||||||
International Flavors & Fragrances, Inc. |
3,875 | 523,125 | ||||||
LyondellBasell Industries NV (Class A Stock) |
17,200 | 1,451,508 | ||||||
Monsanto Co. |
22,484 | 2,661,206 | ||||||
Mosaic Co. (The) |
17,900 | 408,657 | ||||||
PPG Industries, Inc. |
13,048 | 1,434,758 | ||||||
Praxair, Inc. |
14,708 | 1,949,545 | ||||||
Sherwin-Williams Co. (The) |
4,166 | 1,462,099 | ||||||
|
|
|||||||
22,474,113 | ||||||||
|
|
|||||||
Commercial Services & Supplies 0.3% |
||||||||
Cintas Corp. |
4,500 | 567,180 | ||||||
Republic Services, Inc. |
11,775 | 750,421 | ||||||
Stericycle, Inc.* |
4,600 | 351,072 | ||||||
Waste Management, Inc. |
20,713 | 1,519,298 | ||||||
|
|
|||||||
3,187,971 | ||||||||
|
|
|||||||
Communications Equipment 0.9% |
||||||||
Cisco Systems, Inc. |
255,944 | 8,011,047 | ||||||
F5 Networks, Inc.* |
3,500 | 444,710 | ||||||
Harris Corp. |
6,350 | 692,658 | ||||||
Juniper Networks, Inc. |
18,900 | 526,932 | ||||||
Motorola Solutions, Inc. |
8,216 | 712,656 | ||||||
|
|
|||||||
10,388,003 | ||||||||
|
|
|||||||
Construction & Engineering 0.1% |
||||||||
Fluor Corp. |
7,274 | 333,004 | ||||||
Jacobs Engineering Group, Inc. |
5,900 | 320,901 | ||||||
Quanta Services, Inc.* |
6,500 | 213,980 | ||||||
|
|
|||||||
867,885 | ||||||||
|
|
|||||||
Construction Materials 0.1% |
||||||||
Martin Marietta Materials, Inc. |
3,300 | 734,514 | ||||||
Vulcan Materials Co. |
6,800 | 861,424 | ||||||
|
|
|||||||
1,595,938 | ||||||||
|
|
|||||||
Consumer Finance 0.7% |
||||||||
American Express Co. |
38,659 | 3,256,634 | ||||||
Capital One Financial Corp. |
24,566 | 2,029,643 | ||||||
Discover Financial Services |
19,318 | 1,201,387 | ||||||
Navient Corp. |
14,192 | 236,297 | ||||||
Synchrony Financial |
39,365 | 1,173,864 | ||||||
|
|
|||||||
7,897,825 | ||||||||
|
|
|||||||
Containers & Packaging 0.3% |
||||||||
Avery Dennison Corp. |
4,768 | 421,348 | ||||||
Ball Corp. |
17,728 | 748,299 | ||||||
International Paper Co. |
20,784 | 1,176,582 | ||||||
Sealed Air Corp. |
10,136 | 453,687 | ||||||
WestRock Co. |
12,533 | 710,120 | ||||||
|
|
|||||||
3,510,036 | ||||||||
|
|
|||||||
Distributors 0.1% |
||||||||
Genuine Parts Co. |
7,699 | 714,159 | ||||||
LKQ Corp.* |
15,300 | 504,135 | ||||||
|
|
|||||||
1,218,294 | ||||||||
|
|
Diversified Consumer Services 0.0% |
||||||||
H&R Block, Inc. |
10,120 | 312,809 | ||||||
|
|
|||||||
Diversified Financial Services 1.5% |
||||||||
Berkshire Hathaway, Inc. (Class B Stock)* |
97,300 | 16,479,701 | ||||||
Leucadia National Corp. |
15,900 | 415,944 | ||||||
|
|
|||||||
16,895,645 | ||||||||
|
|
|||||||
Diversified Telecommunication Services 2.1% |
||||||||
AT&T, Inc. |
314,693 | 11,873,367 | ||||||
CenturyLink, Inc.(a) |
26,508 | 633,011 | ||||||
Level 3 Communications, Inc.* |
14,800 | 877,640 | ||||||
Verizon Communications, Inc. |
208,833 | 9,326,482 | ||||||
|
|
|||||||
22,710,500 | ||||||||
|
|
|||||||
Electric Utilities 1.9% |
||||||||
Alliant Energy Corp. |
11,000 | 441,870 | ||||||
American Electric Power Co., Inc. |
25,191 | 1,750,019 | ||||||
Duke Energy Corp. |
36,139 | 3,020,859 | ||||||
Edison International |
16,862 | 1,318,440 | ||||||
Entergy Corp. |
9,015 | 692,082 | ||||||
Eversource Energy |
16,400 | 995,644 | ||||||
Exelon Corp. |
47,112 | 1,699,330 | ||||||
FirstEnergy Corp. |
21,577 | 629,185 | ||||||
NextEra Energy, Inc. |
23,972 | 3,359,196 | ||||||
PG&E Corp. |
26,253 | 1,742,412 | ||||||
Pinnacle West Capital Corp. |
5,700 | 485,412 | ||||||
PPL Corp. |
34,552 | 1,335,780 | ||||||
Southern Co. (The) |
50,415 | 2,413,870 | ||||||
Xcel Energy, Inc. |
25,983 | 1,192,100 | ||||||
|
|
|||||||
21,076,199 | ||||||||
|
|
|||||||
Electrical Equipment 0.6% |
||||||||
Acuity Brands, Inc. |
2,400 | 487,872 | ||||||
AMETEK, Inc. |
11,700 | 708,669 | ||||||
Eaton Corp. PLC |
23,093 | 1,797,328 | ||||||
Emerson Electric Co. |
32,650 | 1,946,593 | ||||||
Rockwell Automation, Inc. |
6,763 | 1,095,336 | ||||||
|
|
|||||||
6,035,798 | ||||||||
|
|
|||||||
Electronic Equipment, Instruments & Components 0.4% |
||||||||
Amphenol Corp. (Class A Stock) |
15,900 | 1,173,738 | ||||||
Corning, Inc. |
45,797 | 1,376,200 | ||||||
FLIR Systems, Inc. |
6,300 | 218,358 | ||||||
TE Connectivity Ltd. |
18,100 | 1,424,108 | ||||||
|
|
|||||||
4,192,404 | ||||||||
|
|
|||||||
Energy Equipment & Services 0.9% |
||||||||
Baker Hughes, Inc. |
21,445 | 1,168,967 | ||||||
Halliburton Co. |
42,922 | 1,833,199 | ||||||
Helmerich & Payne, Inc.(a) |
5,700 | 309,738 | ||||||
National Oilwell Varco, Inc. |
18,100 | 596,214 | ||||||
Schlumberger Ltd. |
70,972 | 4,672,796 | ||||||
TechnipFMC PLC (United Kingdom)* |
22,500 | 612,000 | ||||||
Transocean Ltd.*(a) |
18,800 | 154,724 | ||||||
|
|
|||||||
9,347,638 | ||||||||
|
|
|||||||
Equity Real Estate Investment Trusts (REITs) 2.8% |
||||||||
Alexandria Real Estate Equities, Inc. |
4,200 | 505,974 | ||||||
American Tower Corp. |
21,800 | 2,884,576 | ||||||
Apartment Investment & Management Co. (Class A Stock) |
8,180 | 351,494 |
AvalonBay Communities, Inc. |
7,111 | 1,366,521 | ||||||
Boston Properties, Inc. |
8,000 | 984,160 | ||||||
Crown Castle International Corp. |
18,800 | 1,883,384 | ||||||
Digital Realty Trust, Inc. |
8,400 | 948,780 | ||||||
Equinix, Inc. |
3,986 | 1,710,632 | ||||||
Equity Residential |
18,800 | 1,237,604 | ||||||
Essex Property Trust, Inc. |
3,500 | 900,445 | ||||||
Extra Space Storage, Inc. |
6,600 | 514,800 | ||||||
Federal Realty Investment Trust |
3,900 | 492,921 | ||||||
GGP, Inc. |
28,200 | 664,392 | ||||||
HCP, Inc. |
23,400 | 747,864 | ||||||
Host Hotels & Resorts, Inc. |
36,736 | 671,167 | ||||||
Iron Mountain, Inc. |
12,105 | 415,928 | ||||||
Kimco Realty Corp. |
21,100 | 387,185 | ||||||
Macerich Co. (The) |
6,000 | 348,360 | ||||||
Mid-America Apartment Communities, Inc. |
5,800 | 611,204 | ||||||
Prologis, Inc. |
26,937 | 1,579,586 | ||||||
Public Storage |
7,700 | 1,605,681 | ||||||
Realty Income Corp. |
13,600 | 750,448 | ||||||
Regency Centers Corp. |
7,200 | 451,008 | ||||||
Simon Property Group, Inc. |
15,989 | 2,586,381 | ||||||
SL Green Realty Corp. |
5,400 | 571,320 | ||||||
UDR, Inc. |
13,700 | 533,889 | ||||||
Ventas, Inc. |
18,333 | 1,273,777 | ||||||
Vornado Realty Trust |
8,884 | 834,207 | ||||||
Welltower, Inc. |
19,000 | 1,422,150 | ||||||
Weyerhaeuser Co. |
38,439 | 1,287,706 | ||||||
|
|
|||||||
30,523,544 | ||||||||
|
|
|||||||
Food & Staples Retailing 1.8% |
||||||||
Costco Wholesale Corp. |
22,508 | 3,599,704 | ||||||
CVS Health Corp. |
52,099 | 4,191,886 | ||||||
Kroger Co. (The) |
46,668 | 1,088,298 | ||||||
Sysco Corp. |
24,680 | 1,242,144 | ||||||
Wal-Mart Stores, Inc. |
75,626 | 5,723,376 | ||||||
Walgreens Boots Alliance, Inc. |
43,878 | 3,436,086 | ||||||
Whole Foods Market, Inc. |
16,300 | 686,393 | ||||||
|
|
|||||||
19,967,887 | ||||||||
|
|
|||||||
Food Products 1.3% |
||||||||
Archer-Daniels-Midland Co. |
28,959 | 1,198,323 | ||||||
Campbell Soup Co. |
9,847 | 513,521 | ||||||
Conagra Brands, Inc. |
19,843 | 709,586 | ||||||
General Mills, Inc. |
29,544 | 1,636,738 | ||||||
Hershey Co. (The) |
7,416 | 796,256 | ||||||
Hormel Foods Corp. |
13,700 | 467,307 | ||||||
J.M. Smucker Co. (The) |
6,100 | 721,813 | ||||||
Kellogg Co. |
13,070 | 907,842 | ||||||
Kraft Heinz Co. (The) |
30,555 | 2,616,730 | ||||||
McCormick & Co., Inc. |
6,100 | 594,811 | ||||||
Mondelez International, Inc. (Class A Stock) |
77,166 | 3,332,800 | ||||||
Tyson Foods, Inc. (Class A Stock) |
14,800 | 926,924 | ||||||
|
|
|||||||
14,422,651 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies 2.8% |
||||||||
Abbott Laboratories |
88,613 | 4,307,478 | ||||||
Align Technology, Inc.* |
3,300 | 495,396 | ||||||
Baxter International, Inc. |
24,974 | 1,511,926 | ||||||
Becton, Dickinson and Co. |
11,681 | 2,279,080 | ||||||
Boston Scientific Corp.* |
69,972 | 1,939,624 |
C.R. Bard, Inc. |
3,812 | 1,205,011 | ||||||
Cooper Cos., Inc. (The) |
2,600 | 622,492 | ||||||
Danaher Corp. |
31,600 | 2,666,724 | ||||||
DENTSPLY SIRONA, Inc. |
11,800 | 765,112 | ||||||
Edwards Lifesciences Corp.* |
10,800 | 1,276,992 | ||||||
Hologic, Inc.* |
13,900 | 630,782 | ||||||
IDEXX Laboratories, Inc.* |
4,500 | 726,390 | ||||||
Intuitive Surgical, Inc.* |
1,970 | 1,842,679 | ||||||
Medtronic PLC |
70,315 | 6,240,456 | ||||||
Stryker Corp. |
16,100 | 2,234,358 | ||||||
Varian Medical Systems, Inc.* |
4,800 | 495,312 | ||||||
Zimmer Biomet Holdings, Inc. |
10,511 | 1,349,613 | ||||||
|
|
|||||||
30,589,425 | ||||||||
|
|
|||||||
Health Care Providers & Services 2.8% |
||||||||
Aetna, Inc. |
17,044 | 2,587,791 | ||||||
AmerisourceBergen Corp. |
8,600 | 812,958 | ||||||
Anthem, Inc. |
13,800 | 2,596,194 | ||||||
Cardinal Health, Inc. |
15,973 | 1,244,616 | ||||||
Centene Corp.* |
9,100 | 726,908 | ||||||
Cigna Corp. |
13,291 | 2,224,780 | ||||||
DaVita, Inc.* |
7,700 | 498,652 | ||||||
Envision Healthcare Corp.* |
6,300 | 394,821 | ||||||
Express Scripts Holding Co.* |
30,270 | 1,932,437 | ||||||
HCA Healthcare, Inc.* |
14,900 | 1,299,280 | ||||||
Henry Schein, Inc.* |
4,100 | 750,382 | ||||||
Humana, Inc. |
7,510 | 1,807,056 | ||||||
Laboratory Corp. of America Holdings* |
5,300 | 816,942 | ||||||
McKesson Corp. |
11,026 | 1,814,218 | ||||||
Patterson Cos., Inc. |
4,400 | 206,580 | ||||||
Quest Diagnostics, Inc. |
7,200 | 800,352 | ||||||
UnitedHealth Group, Inc. |
49,348 | 9,150,106 | ||||||
Universal Health Services, Inc. (Class B Stock) |
4,800 | 585,984 | ||||||
|
|
|||||||
30,250,057 | ||||||||
|
|
|||||||
Health Care Technology 0.1% |
||||||||
Cerner Corp.* |
15,200 | 1,010,344 | ||||||
|
|
|||||||
Hotels, Restaurants & Leisure 1.7% |
||||||||
Carnival Corp. |
21,700 | 1,422,869 | ||||||
Chipotle Mexican Grill, Inc.*(a) |
1,460 | 607,506 | ||||||
Darden Restaurants, Inc. |
6,353 | 574,565 | ||||||
Hilton Worldwide Holdings, Inc. |
9,500 | 587,575 | ||||||
Marriott International, Inc. (Class A Stock) |
15,810 | 1,585,901 | ||||||
McDonalds Corp. |
41,730 | 6,391,367 | ||||||
Royal Caribbean Cruises Ltd. |
8,700 | 950,301 | ||||||
Starbucks Corp. |
74,000 | 4,314,940 | ||||||
Wyndham Worldwide Corp. |
5,251 | 527,253 | ||||||
Wynn Resorts Ltd. |
3,900 | 523,068 | ||||||
Yum! Brands, Inc. |
17,064 | 1,258,641 | ||||||
|
|
|||||||
18,743,986 | ||||||||
|
|
|||||||
Household Durables 0.5% |
||||||||
D.R. Horton, Inc. |
17,300 | 598,061 | ||||||
Garmin Ltd. |
5,400 | 275,562 | ||||||
Leggett & Platt, Inc. |
7,000 | 367,710 | ||||||
Lennar Corp. (Class A Stock) |
9,900 | 527,868 | ||||||
Mohawk Industries, Inc.* |
3,400 | 821,746 | ||||||
Newell Brands, Inc. |
24,927 | 1,336,586 | ||||||
PulteGroup, Inc. |
14,311 | 351,049 |
Whirlpool Corp. |
3,785 | 725,281 | ||||||
|
|
|||||||
5,003,863 | ||||||||
|
|
|||||||
Household Products 1.7% |
||||||||
Church & Dwight Co., Inc. |
12,800 | 664,064 | ||||||
Clorox Co. (The) |
6,632 | 883,648 | ||||||
Colgate-Palmolive Co. |
45,360 | 3,362,537 | ||||||
Kimberly-Clark Corp. |
18,116 | 2,338,957 | ||||||
Procter & Gamble Co. (The) |
130,923 | 11,409,939 | ||||||
|
|
|||||||
18,659,145 | ||||||||
|
|
|||||||
Independent Power & Renewable Electricity Producers 0.1% |
||||||||
AES Corp. |
31,300 | 347,743 | ||||||
NRG Energy, Inc. |
14,800 | 254,856 | ||||||
|
|
|||||||
602,599 | ||||||||
|
|
|||||||
Industrial Conglomerates 2.3% |
||||||||
3M Co. |
30,598 | 6,370,198 | ||||||
General Electric Co. |
446,307 | 12,054,752 | ||||||
Honeywell International, Inc. |
39,015 | 5,200,309 | ||||||
Roper Technologies, Inc. |
5,200 | 1,203,956 | ||||||
|
|
|||||||
24,829,215 | ||||||||
|
|
|||||||
Insurance 2.7% |
||||||||
Aflac, Inc. |
20,400 | 1,584,672 | ||||||
Allstate Corp. (The) |
18,608 | 1,645,692 | ||||||
American International Group, Inc. |
45,101 | 2,819,715 | ||||||
Aon PLC |
13,589 | 1,806,658 | ||||||
Arthur J Gallagher & Co. |
9,400 | 538,150 | ||||||
Assurant, Inc. |
2,900 | 300,701 | ||||||
Chubb Ltd. |
23,923 | 3,477,926 | ||||||
Cincinnati Financial Corp. |
7,607 | 551,127 | ||||||
Everest Re Group Ltd. |
1,400 | 356,426 | ||||||
Hartford Financial Services Group, Inc. (The) |
18,453 | 970,074 | ||||||
Lincoln National Corp. |
11,351 | 767,101 | ||||||
Loews Corp. |
14,017 | 656,136 | ||||||
Marsh & McLennan Cos., Inc. |
26,140 | 2,037,874 | ||||||
MetLife, Inc. |
55,500 | 3,049,170 | ||||||
Principal Financial Group, Inc. |
13,400 | 858,538 | ||||||
Progressive Corp. (The) |
29,216 | 1,288,133 | ||||||
Prudential Financial, Inc.(ee) |
21,950 | 2,373,673 | ||||||
Torchmark Corp. |
5,533 | 423,274 | ||||||
Travelers Cos., Inc. (The) |
14,511 | 1,836,077 | ||||||
Unum Group |
11,726 | 546,783 | ||||||
Willis Towers Watson PLC |
6,700 | 974,582 | ||||||
XL Group Ltd. (Bermuda) |
13,200 | 578,160 | ||||||
|
|
|||||||
29,440,642 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail 2.6% |
||||||||
Amazon.com, Inc.* |
20,380 | 19,727,840 | ||||||
Expedia, Inc. |
6,300 | 938,385 | ||||||
Netflix, Inc.* |
22,200 | 3,316,902 | ||||||
Priceline Group, Inc. (The)* |
2,570 | 4,807,236 | ||||||
TripAdvisor, Inc.* |
5,400 | 206,280 | ||||||
|
|
|||||||
28,996,643 | ||||||||
|
|
|||||||
Internet Software & Services 4.5% |
||||||||
Akamai Technologies, Inc.* |
8,900 | 443,309 | ||||||
Alphabet, Inc. (Class A Stock)* |
15,300 | 14,224,104 | ||||||
Alphabet, Inc. (Class C Stock)* |
15,362 | 13,959,910 |
eBay, Inc.* |
51,300 | 1,791,396 | ||||||
Facebook, Inc. (Class A Stock)* |
121,000 | 18,268,580 | ||||||
VeriSign, Inc.*(a) |
4,800 | 446,208 | ||||||
|
|
|||||||
49,133,507 | ||||||||
|
|
|||||||
IT Services 3.7% |
||||||||
Accenture PLC (Class A Stock) |
31,900 | 3,945,392 | ||||||
Alliance Data Systems Corp. |
2,890 | 741,834 | ||||||
Automatic Data Processing, Inc. |
23,078 | 2,364,572 | ||||||
Cognizant Technology Solutions Corp. (Class A Stock) |
30,000 | 1,992,000 | ||||||
CSRA, Inc. |
7,251 | 230,219 | ||||||
DXC Technology Co. |
14,659 | 1,124,638 | ||||||
Fidelity National Information Services, Inc. |
17,100 | 1,460,340 | ||||||
Fiserv, Inc.* |
11,100 | 1,357,974 | ||||||
Gartner, Inc.* |
4,300 | 531,093 | ||||||
Global Payments, Inc. |
7,700 | 695,464 | ||||||
International Business Machines Corp. |
43,834 | 6,742,984 | ||||||
Mastercard, Inc. (Class A Stock) |
48,000 | 5,829,600 | ||||||
Paychex, Inc. |
16,625 | 946,627 | ||||||
PayPal Holdings, Inc.* |
57,000 | 3,059,190 | ||||||
Total System Services, Inc. |
8,371 | 487,611 | ||||||
Visa, Inc. (Class A Stock) |
94,520 | 8,864,086 | ||||||
Western Union Co. (The) |
23,252 | 442,951 | ||||||
|
|
|||||||
40,816,575 | ||||||||
|
|
|||||||
Leisure Products 0.1% |
||||||||
Hasbro, Inc. |
5,954 | 663,931 | ||||||
Mattel, Inc. |
17,013 | 366,290 | ||||||
|
|
|||||||
1,030,221 | ||||||||
|
|
|||||||
Life Sciences Tools & Services 0.7% |
||||||||
Agilent Technologies, Inc. |
16,698 | 990,358 | ||||||
Illumina, Inc.* |
7,700 | 1,336,104 | ||||||
Mettler-Toledo International, Inc.* |
1,400 | 823,956 | ||||||
PerkinElmer, Inc. |
5,770 | 393,168 | ||||||
Thermo Fisher Scientific, Inc. |
20,202 | 3,524,643 | ||||||
Waters Corp.* |
4,100 | 753,744 | ||||||
|
|
|||||||
7,821,973 | ||||||||
|
|
|||||||
Machinery 1.5% |
||||||||
Caterpillar, Inc. |
30,156 | 3,240,564 | ||||||
Cummins, Inc. |
8,116 | 1,316,578 | ||||||
Deere & Co. |
15,280 | 1,888,455 | ||||||
Dover Corp. |
7,862 | 630,690 | ||||||
Flowserve Corp. |
6,900 | 320,367 | ||||||
Fortive Corp. |
15,250 | 966,087 | ||||||
Illinois Tool Works, Inc. |
15,936 | 2,282,832 | ||||||
Ingersoll-Rand PLC |
13,300 | 1,215,487 | ||||||
PACCAR, Inc. |
17,764 | 1,173,135 | ||||||
Parker-Hannifin Corp. |
7,038 | 1,124,813 | ||||||
Pentair PLC (United Kingdom) |
8,546 | 568,651 | ||||||
Snap-on, Inc. |
2,942 | 464,836 | ||||||
Stanley Black & Decker, Inc. |
7,988 | 1,124,151 | ||||||
Xylem, Inc. |
9,300 | 515,499 | ||||||
|
|
|||||||
16,832,145 | ||||||||
|
|
|||||||
Media 2.9% |
||||||||
CBS Corp. (Class B Stock) |
19,076 | 1,216,667 | ||||||
Charter Communications, Inc. (Class A Stock)* |
11,120 | 3,745,772 | ||||||
Comcast Corp. (Class A Stock) |
243,270 | 9,468,069 |
Discovery Communications, Inc. (Class A Stock)*(a) |
7,400 | 191,142 | ||||||
Discovery Communications, Inc. (Class C Stock)* |
9,400 | 236,974 | ||||||
DISH Network Corp. (Class A Stock)* |
11,400 | 715,464 | ||||||
Interpublic Group of Cos., Inc. (The) |
19,388 | 476,945 | ||||||
News Corp. (Class A Stock) |
16,975 | 232,558 | ||||||
News Corp. (Class B Stock) |
2,700 | 38,205 | ||||||
Omnicom Group, Inc. |
11,934 | 989,329 | ||||||
Scripps Networks Interactive, Inc. (Class A Stock) |
5,200 | 355,212 | ||||||
Time Warner, Inc. |
39,874 | 4,003,748 | ||||||
Twenty-First Century Fox, Inc. (Class A Stock) |
53,200 | 1,507,688 | ||||||
Twenty-First Century Fox, Inc. (Class B Stock) |
23,500 | 654,945 | ||||||
Viacom, Inc. (Class B Stock) |
17,076 | 573,241 | ||||||
Walt Disney Co. (The) |
74,513 | 7,917,006 | ||||||
|
|
|||||||
32,322,965 | ||||||||
|
|
|||||||
Metals & Mining 0.2% |
||||||||
Freeport-McMoRan, Inc.* |
66,892 | 803,373 | ||||||
Newmont Mining Corp. |
26,997 | 874,433 | ||||||
Nucor Corp. |
16,112 | 932,401 | ||||||
|
|
|||||||
2,610,207 | ||||||||
|
|
|||||||
Multiline Retail 0.4% |
||||||||
Dollar General Corp. |
12,700 | 915,543 | ||||||
Dollar Tree, Inc.* |
11,942 | 834,984 | ||||||
Kohls Corp. |
8,300 | 320,961 | ||||||
Macys, Inc. |
14,882 | 345,858 | ||||||
Nordstrom, Inc.(a) |
5,800 | 277,414 | ||||||
Target Corp. |
27,882 | 1,457,950 | ||||||
|
|
|||||||
4,152,710 | ||||||||
|
|
|||||||
Multi-Utilities 1.0% |
||||||||
Ameren Corp. |
12,469 | 681,680 | ||||||
CenterPoint Energy, Inc. |
20,679 | 566,191 | ||||||
CMS Energy Corp. |
14,300 | 661,375 | ||||||
Consolidated Edison, Inc. |
15,451 | 1,248,750 | ||||||
Dominion Energy, Inc. |
32,104 | 2,460,129 | ||||||
DTE Energy Co. |
9,087 | 961,314 | ||||||
NiSource, Inc. |
15,300 | 388,008 | ||||||
Public Service Enterprise Group, Inc. |
25,894 | 1,113,701 | ||||||
SCANA Corp. |
7,200 | 482,472 | ||||||
Sempra Energy |
12,898 | 1,454,249 | ||||||
WEC Energy Group, Inc. |
15,933 | 977,968 | ||||||
|
|
|||||||
10,995,837 | ||||||||
|
|
|||||||
Oil, Gas & Consumable Fuels 4.9% |
||||||||
Anadarko Petroleum Corp. |
28,536 | 1,293,822 | ||||||
Apache Corp. |
17,848 | 855,455 | ||||||
Cabot Oil & Gas Corp. |
23,400 | 586,872 | ||||||
Chesapeake Energy Corp.*(a) |
34,700 | 172,459 | ||||||
Chevron Corp. |
96,992 | 10,119,175 | ||||||
Cimarex Energy Co. |
4,900 | 460,649 | ||||||
Concho Resources, Inc.* |
7,600 | 923,628 | ||||||
ConocoPhillips |
63,557 | 2,793,966 | ||||||
Devon Energy Corp. |
25,900 | 828,023 | ||||||
EOG Resources, Inc. |
29,600 | 2,679,392 | ||||||
EQT Corp. |
8,700 | 509,733 | ||||||
Exxon Mobil Corp. |
216,952 | 17,514,535 | ||||||
Hess Corp. |
13,534 | 593,737 | ||||||
Kinder Morgan, Inc. |
98,080 | 1,879,213 | ||||||
Marathon Oil Corp. |
41,978 | 497,439 |
Marathon Petroleum Corp. |
26,678 | 1,396,060 | ||||||
Murphy Oil Corp. |
6,900 | 176,847 | ||||||
Newfield Exploration Co.* |
9,500 | 270,370 | ||||||
Noble Energy, Inc. |
23,200 | 656,560 | ||||||
Occidental Petroleum Corp. |
38,876 | 2,327,506 | ||||||
ONEOK, Inc. |
10,900 | 568,544 | ||||||
Phillips 66 |
22,328 | 1,846,302 | ||||||
Pioneer Natural Resources Co. |
8,800 | 1,404,304 | ||||||
Range Resources Corp. |
7,800 | 180,726 | ||||||
Tesoro Corp. |
7,500 | 702,000 | ||||||
Valero Energy Corp. |
22,900 | 1,544,834 | ||||||
Williams Cos., Inc. (The) |
41,192 | 1,247,294 | ||||||
|
|
|||||||
54,029,445 | ||||||||
|
|
|||||||
Personal Products 0.1% |
||||||||
Coty, Inc. (Class A Stock) |
23,000 | 431,480 | ||||||
Estee Lauder Cos., Inc. (The) (Class A Stock) |
11,600 | 1,113,368 | ||||||
|
|
|||||||
1,544,848 | ||||||||
|
|
|||||||
Pharmaceuticals 4.9% |
||||||||
Allergan PLC |
17,395 | 4,228,550 | ||||||
Bristol-Myers Squibb Co. |
84,179 | 4,690,454 | ||||||
Eli Lilly & Co. |
49,597 | 4,081,833 | ||||||
Johnson & Johnson |
137,969 | 18,251,919 | ||||||
Mallinckrodt PLC* |
5,300 | 237,493 | ||||||
Merck & Co., Inc. |
140,033 | 8,974,715 | ||||||
Mylan NV* |
22,800 | 885,096 | ||||||
Perrigo Co. PLC |
7,400 | 558,848 | ||||||
Pfizer, Inc. |
306,523 | 10,296,108 | ||||||
Zoetis, Inc. |
25,000 | 1,559,500 | ||||||
|
|
|||||||
53,764,516 | ||||||||
|
|
|||||||
Professional Services 0.3% |
||||||||
Equifax, Inc. |
6,230 | 856,127 | ||||||
IHS Markit Ltd.* |
14,700 | 647,388 | ||||||
Nielsen Holdings PLC |
17,000 | 657,220 | ||||||
Robert Half International, Inc. |
6,000 | 287,580 | ||||||
Verisk Analytics, Inc.* |
8,000 | 674,960 | ||||||
|
|
|||||||
3,123,275 | ||||||||
|
|
|||||||
Real Estate Management & Development 0.1% |
||||||||
CBRE Group, Inc. (Class A Stock)* |
15,100 | 549,640 | ||||||
|
|
|||||||
Road & Rail 0.9% |
||||||||
CSX Corp. |
47,118 | 2,570,758 | ||||||
J.B. Hunt Transport Services, Inc. |
4,400 | 402,072 | ||||||
Kansas City Southern |
5,600 | 586,040 | ||||||
Norfolk Southern Corp. |
15,011 | 1,826,839 | ||||||
Union Pacific Corp. |
41,316 | 4,499,725 | ||||||
|
|
|||||||
9,885,434 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment 3.3% |
||||||||
Advanced Micro Devices, Inc.*(a) |
34,500 | 430,560 | ||||||
Analog Devices, Inc. |
18,747 | 1,458,517 | ||||||
Applied Materials, Inc. |
54,988 | 2,271,554 | ||||||
Broadcom Ltd. |
20,629 | 4,807,588 | ||||||
Intel Corp. |
241,088 | 8,134,309 | ||||||
KLA-Tencor Corp. |
8,220 | 752,212 | ||||||
Lam Research Corp. |
8,262 | 1,168,495 | ||||||
Microchip Technology, Inc.(a) |
11,100 | 856,698 |
Micron Technology, Inc.* |
53,016 | 1,583,058 | ||||||
NVIDIA Corp. |
30,500 | 4,409,080 | ||||||
Qorvo, Inc.* |
6,671 | 422,408 | ||||||
QUALCOMM, Inc. |
75,400 | 4,163,588 | ||||||
Skyworks Solutions, Inc. |
9,500 | 911,525 | ||||||
Texas Instruments, Inc. |
50,952 | 3,919,737 | ||||||
Xilinx, Inc. |
12,900 | 829,728 | ||||||
|
|
|||||||
36,119,057 | ||||||||
|
|
|||||||
Software 4.7% |
||||||||
Activision Blizzard, Inc. |
35,200 | 2,026,464 | ||||||
Adobe Systems, Inc.* |
25,540 | 3,612,378 | ||||||
ANSYS, Inc.* |
3,900 | 474,552 | ||||||
Autodesk, Inc.* |
10,020 | 1,010,216 | ||||||
CA, Inc. |
15,858 | 546,625 | ||||||
Citrix Systems, Inc.* |
7,700 | 612,766 | ||||||
Electronic Arts, Inc.* |
16,100 | 1,702,092 | ||||||
Intuit, Inc. |
12,600 | 1,673,406 | ||||||
Microsoft Corp. |
395,812 | 27,283,321 | ||||||
Oracle Corp. |
154,640 | 7,753,650 | ||||||
Red Hat, Inc.* |
9,200 | 880,900 | ||||||
salesforce.com, Inc.* |
34,300 | 2,970,380 | ||||||
Symantec Corp. |
30,417 | 859,280 | ||||||
Synopsys, Inc.* |
7,700 | 561,561 | ||||||
|
|
|||||||
51,967,591 | ||||||||
|
|
|||||||
Specialty Retail 2.2% |
||||||||
Advance Auto Parts, Inc. |
3,750 | 437,212 | ||||||
AutoNation, Inc.* |
3,323 | 140,098 | ||||||
AutoZone, Inc.* |
1,530 | 872,804 | ||||||
Bed Bath & Beyond, Inc. |
6,200 | 188,480 | ||||||
Best Buy Co., Inc. |
13,500 | 773,955 | ||||||
CarMax, Inc.*(a) |
9,500 | 599,070 | ||||||
Foot Locker, Inc. |
6,600 | 325,248 | ||||||
Gap, Inc. (The) |
9,513 | 209,191 | ||||||
Home Depot, Inc. (The) |
61,284 | 9,400,965 | ||||||
L Brands, Inc. |
11,922 | 642,476 | ||||||
Lowes Cos., Inc. |
44,096 | 3,418,763 | ||||||
OReilly Automotive, Inc.* |
4,600 | 1,006,204 | ||||||
Ross Stores, Inc. |
19,800 | 1,143,054 | ||||||
Signet Jewelers Ltd. |
3,600 | 227,664 | ||||||
Staples, Inc. |
32,925 | 331,555 | ||||||
Tiffany & Co. |
5,700 | 535,059 | ||||||
TJX Cos., Inc. (The) |
32,964 | 2,379,012 | ||||||
Tractor Supply Co. |
6,300 | 341,523 | ||||||
Ulta Beauty, Inc.* |
3,120 | 896,501 | ||||||
|
|
|||||||
23,868,834 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals 4.0% |
||||||||
Apple, Inc. |
267,188 | 38,480,416 | ||||||
Hewlett Packard Enterprise Co. |
84,902 | 1,408,524 | ||||||
HP, Inc. |
85,402 | 1,492,827 | ||||||
NetApp, Inc. |
13,000 | 520,650 | ||||||
Seagate Technology PLC |
14,600 | 565,750 | ||||||
Western Digital Corp. |
15,125 | 1,340,075 | ||||||
Xerox Corp. |
10,825 | 311,002 | ||||||
|
|
|||||||
44,119,244 | ||||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods 0.7% |
||||||||
Coach, Inc. |
14,300 | 676,962 |
Hanesbrands, Inc.(a) |
18,500 | 428,460 | ||||||
Michael Kors Holdings Ltd.* |
7,200 | 261,000 | ||||||
NIKE, Inc. (Class B Stock) |
67,404 | 3,976,836 | ||||||
PVH Corp. |
4,000 | 458,000 | ||||||
Ralph Lauren Corp. |
3,000 | 221,400 | ||||||
Under Armour, Inc. (Class A Stock)*(a) |
8,100 | 176,256 | ||||||
Under Armour, Inc. (Class C Stock)*(a) |
7,567 | 152,551 | ||||||
VF Corp. |
16,636 | 958,233 | ||||||
|
|
|||||||
7,309,698 | ||||||||
|
|
|||||||
Tobacco 1.8% |
||||||||
Altria Group, Inc. |
99,179 | 7,385,860 | ||||||
Philip Morris International, Inc. |
79,579 | 9,346,554 | ||||||
Reynolds American, Inc. |
42,132 | 2,740,265 | ||||||
|
|
|||||||
19,472,679 | ||||||||
|
|
|||||||
Trading Companies & Distributors 0.2% |
||||||||
Fastenal Co. |
14,100 | 613,773 | ||||||
United Rentals, Inc.* |
4,500 | 507,195 | ||||||
W.W. Grainger, Inc. |
2,954 | 533,286 | ||||||
|
|
|||||||
1,654,254 | ||||||||
|
|
|||||||
Water Utilities 0.1% |
||||||||
American Water Works Co., Inc. |
9,400 | 732,730 | ||||||
|
|
|||||||
TOTAL COMMON STOCKS |
1,062,585,361 | |||||||
|
|
|||||||
EXCHANGE TRADED FUND 0.2% |
||||||||
iShares Core S&P 500 ETF |
7,500 | 1,825,575 | ||||||
|
|
|||||||
TOTAL LONG-TERM INVESTMENTS |
1,064,410,936 | |||||||
|
|
|||||||
SHORT-TERM INVESTMENTS 2.6% |
||||||||
AFFILIATED MUTUAL FUND 2.5% |
||||||||
Prudential Investment Portfolios 2 Prudential Core Ultra Short Bond Fund(w) |
22,676,795 | 22,676,795 | ||||||
Prudential Investment Portfolios 2 Prudential Institutional Money Market Fund |
5,033,433 | 5,033,936 | ||||||
|
|
|||||||
TOTAL AFFILIATED MUTUAL FUND |
27,710,731 | |||||||
|
|
|||||||
Principal Amount (000)# |
||||||||
U.S. TREASURY OBLIGATION(k)(n) 0.1% |
||||||||
U.S. Treasury Bill, 0.994%, 09/21/17 |
1,300 | 1,297,188 | ||||||
|
|
|||||||
TOTAL SHORT-TERM INVESTMENTS |
29,007,919 | |||||||
|
|
TOTAL INVESTMENTS 99.8% |
1,093,418,855 | |||||||
Other assets in excess of liabilities(z) 0.2% |
2,730,155 | |||||||
|
|
|||||||
NET ASSETS 100.0% |
$ | 1,096,149,010 | ||||||
|
|
The following abbreviations are used in quarterly schedule of portfolio holdings.
ETF | Exchange Traded Fund | |
LIBOR | London Interbank Offered Rate | |
REIT |
Real Estate Investment Trust |
* | Non-income producing security. |
# | Principal amount shown in U.S. dollars unless otherwise stated. |
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $4,916,959; cash collateral of $5,028,266 (included in liabilities) was received with which the Fund purchased highly liquid short-term investments. |
(b) | Represents security purchased with cash collateral received for securities on loan and includes dividend reinvestment. |
(ee) | An affiliated security. |
(k) | Represents security, or a portion thereof, segregated as collateral for futures contracts. |
(n) | Rate quoted represents yield to maturity as of purchase date. |
(w) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the Prudential Investment Portfolios 2 Prudential Core Ultra Short Bond Fund and Prudential Institutional Money Market Fund. |
(x) | The United States federal income tax basis of investments and the net unrealized appreciation were as follows: |
Tax Basis |
$ | 366,874,423 | ||
|
|
|||
Appreciation |
735,239,966 | |||
Depreciation |
(8,695,534 | ) | ||
|
|
|||
Net Unrealized Appreciation |
$ | 726,544,432 | ||
|
|
The book basis may differ from tax basis due to certain tax-related adjustments.
(z) | Includes net unrealized appreciation (depreciation) on the following derivative contracts held at reporting period end: |
Futures contracts outstanding at June 30, 2017:
Number of |
Type |
Expiration |
Value at Trade Date |
Value at June 30, 2017 |
Unrealized Appreciation (Depreciation) |
|||||||||||
Long Positions: |
||||||||||||||||
74 | S&P 500 E-Mini Index | Sep. 2017 | $ | 8,978,068 | $ | 8,957,330 | $ | (20,738 | ) | |||||||
38 | S&P 500 Index | Sep. 2017 | 23,093,794 | 22,998,550 | (95,244 | ) | ||||||||||
|
|
|||||||||||||||
$ | (115,982 | ) | ||||||||||||||
|
|
A security with a market value of $1,297,188 has been segregated with UBS AG to cover requirements for open futures contracts at June 30, 2017.
Fair Value Measurements:
Various inputs are used in determining the value of the Funds investments. These inputs are summarized in the three broad levels listed below.
Level 1 - unadjusted quoted prices generally in active markets for identical securities.
Level 2 - quoted prices for similar securities, interest rates and yield curves, prepayment speeds, foreign currency exchange rates and other observable inputs.
Level 3 - unobservable inputs for securities valued in accordance with Board approved fair valuation procedures.
The following is a summary of the inputs used as of June 30, 2017 in valuing such portfolio securities:
Level 1 | Level 2 | Level 3 | ||||||||||
Investments in Securities |
||||||||||||
Common Stocks |
||||||||||||
Aerospace & Defense |
$ | 24,967,813 | $ | | $ | | ||||||
Air Freight & Logistics |
7,622,520 | | | |||||||||
Airlines |
6,813,843 | | | |||||||||
Auto Components |
2,061,667 | | | |||||||||
Automobiles |
5,156,935 | | | |||||||||
Banks |
69,031,346 | | | |||||||||
Beverages |
22,120,419 | | | |||||||||
Biotechnology |
31,480,287 | | | |||||||||
Building Products |
3,573,430 | | | |||||||||
Capital Markets |
31,148,657 | | | |||||||||
Chemicals |
22,474,113 | | | |||||||||
Commercial Services & Supplies |
3,187,971 | | | |||||||||
Communications Equipment |
10,388,003 | | | |||||||||
Construction & Engineering |
867,885 | | | |||||||||
Construction Materials |
1,595,938 | | | |||||||||
Consumer Finance |
7,897,825 | | | |||||||||
Containers & Packaging |
3,510,036 | | | |||||||||
Distributors |
1,218,294 | | | |||||||||
Diversified Consumer Services |
312,809 | | | |||||||||
Diversified Financial Services |
16,895,645 | | | |||||||||
Diversified Telecommunication Services |
22,710,500 | | | |||||||||
Electric Utilities |
21,076,199 | | | |||||||||
Electrical Equipment |
6,035,798 | | | |||||||||
Electronic Equipment, Instruments & Components |
4,192,404 | | | |||||||||
Energy Equipment & Services |
9,347,638 | | | |||||||||
Equity Real Estate Investment Trusts (REITs) |
30,523,544 | | | |||||||||
Food & Staples Retailing |
19,967,887 | | | |||||||||
Food Products |
14,422,651 | | | |||||||||
Health Care Equipment & Supplies |
30,589,425 | | | |||||||||
Health Care Providers & Services |
30,250,057 | | | |||||||||
Health Care Technology |
1,010,344 | | | |||||||||
Hotels, Restaurants & Leisure |
18,743,986 | | | |||||||||
Household Durables |
5,003,863 | | | |||||||||
Household Products |
18,659,145 | | | |||||||||
Independent Power & Renewable Electricity Producers |
602,599 | | | |||||||||
Industrial Conglomerates |
24,829,215 | | | |||||||||
Insurance |
29,440,642 | | | |||||||||
Internet & Direct Marketing Retail |
28,996,643 | | | |||||||||
Internet Software & Services |
49,133,507 | | | |||||||||
IT Services |
40,816,575 | | | |||||||||
Leisure Products |
1,030,221 | | | |||||||||
Life Sciences Tools & Services |
7,821,973 | | | |||||||||
Machinery |
16,832,145 | | | |||||||||
Media |
32,322,965 | | | |||||||||
Metals & Mining |
2,610,207 | | | |||||||||
Multiline Retail |
4,152,710 | | | |||||||||
Multi-Utilities |
10,995,837 | | | |||||||||
Oil, Gas & Consumable Fuels |
54,029,445 | | | |||||||||
Personal Products |
1,544,848 | | | |||||||||
Pharmaceuticals |
53,764,516 | | | |||||||||
Professional Services |
3,123,275 | | | |||||||||
Real Estate Management & Development |
549,640 | | | |||||||||
Road & Rail |
9,885,434 | | | |||||||||
Semiconductors & Semiconductor Equipment |
36,119,057 | | | |||||||||
Software |
51,967,591 | | | |||||||||
Specialty Retail |
23,868,834 | | | |||||||||
Technology Hardware, Storage & Peripherals |
44,119,244 | | | |||||||||
Textiles, Apparel & Luxury Goods |
7,309,698 | | | |||||||||
Tobacco |
19,472,679 | | | |||||||||
Trading Companies & Distributors |
1,654,254 | | | |||||||||
Water Utilities |
732,730 | | |
Exchange Traded Funds |
1,825,575 | | | |||||||||
Affiliated Mutual Fund |
27,710,731 | | | |||||||||
U.S. Treasury Obligation |
| 1,297,188 | | |||||||||
Other Financial Instruments* |
||||||||||||
Futures Contracts |
(115,982 | ) | | | ||||||||
|
|
|
|
|
|
|||||||
Total |
$ | 1,092,005,685 | $ | 1,297,188 | $ | | ||||||
|
|
|
|
|
|
* | Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, forwards and centrally cleared swap contracts, which are recorded at the unrealized appreciation (depreciation) on the instrument, and OTC swap contracts which are recorded at fair value. |
During the period, there were no transfers between Level 1, Level 2 and Level 3 to report.
Notes to Schedule of Investments (unaudited)
Securities Valuation: The Fund holds securities and other assets that are fair valued at the close of each day (generally, 4:00 PM Eastern time) the New York Stock Exchange (NYSE) is open for trading. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Board of Trustees (the Board) has adopted valuation procedures for security valuation under which fair valuation responsibilities have been delegated to PGIM Investments LLC (PGIM Investments or the Manager) (formerly known as Prudential Investments LLC). Under the current valuation procedures, the Valuation Committee is responsible for supervising the valuation of portfolio securities and other assets. The valuation procedures permit the Fund to utilize independent pricing vendor services, quotations from market makers, and alternative valuation methods when market quotations are either not readily available or not deemed representative of fair value. A record of the Valuation Committees actions is subject to the Boards review, approval, and ratification at its next regularly scheduled quarterly meeting.
Various inputs determine how the Funds investments are valued, all of which are categorized according to the three broad levels (Level 1, 2, or 3) detailed in the Schedule of Investments.
Common and preferred stocks, exchange-traded funds, and derivative instruments, such as futures or options, that are traded on a national securities exchange are valued at the last sale price as of the close of trading on the applicable exchange where the security principally trades. Securities traded via NASDAQ are valued at the NASDAQ official closing price. To the extent these securities are valued at the last sale price or NASDAQ official closing price, they are classified as Level 1 in the fair value hierarchy. In the event that no sale or official closing price on valuation date exists, these securities are generally valued at the mean between the last reported bid and ask prices, or at the last bid price in the absence of an ask price. These securities are classified as Level 2 in the fair value hierarchy.
Common and preferred stocks traded on foreign securities exchanges are valued using pricing vendor services that provide model prices derived using adjustment factors based on information such as local closing price, relevant general and sector indices, currency fluctuations, depositary receipts, and futures, as applicable. Securities valued using such model prices are classified as Level 2 in the fair value hierarchy. The models generate an evaluated adjustment factor for each security, which is applied to the local closing price to adjust it for post closing market movements. Utilizing that evaluated adjustment factor, the vendor provides an evaluated price for each security. If the vendor does not provide an evaluated price, securities are valued in accordance with exchange-traded common and preferred stock valuation policies discussed above.
Investments in open-end, non-exchange-traded mutual funds are valued at their net asset values as of the close of the NYSE on the date of valuation. These securities are classified as Level 1 in the fair value hierarchy since they may be purchased or sold at their net asset values on the date of valuation.
Securities and other assets that cannot be priced according to the methods described above are valued based on pricing methodologies approved by the Board. In the event that unobservable inputs are used when determining such valuations, the securities will be classified as Level 3 in the fair value hierarchy.
When determining the fair value of securities, some of the factors influencing the valuation include: the nature of any restrictions on disposition of the securities; assessment of the general liquidity of the securities; the issuers financial condition and the markets in which it does business; the cost of the investment; the size of the holding and the capitalization of the issuer; the prices of any recent transactions or bids/offers for such securities or any comparable securities; any available analyst media or other reports or information deemed reliable by the investment adviser regarding the issuer or the markets or industry in which it operates. Using fair value to price securities may result in a value that is different from a securitys most recent closing price and from the price used by other mutual funds to calculate their net asset values.
The Fund may invest up to 15% of its net assets in illiquid securities, including those that are restricted as to disposition under securities law (restricted securities). Restricted securities are valued pursuant to the valuation procedures noted above.
The Fund may invest its overnight sweep cash in the Prudential Core Ultra Short Bond Fund and its securities lending cash collateral in the Prudential Institutional Money Market Fund, each a series of the Prudential Investment Portfolios 2, registered under the Investment Company Act of 1940, as amended, and managed by PGIM Investments.
Other information regarding the Fund is available in the Funds most recent Report to Shareholders. This information is available on the Securities and Exchange Commissions website (www.sec.gov)
Item 2. | Controls and Procedures |
(a) | It is the conclusion of the registrants principal executive officer and principal financial officer that the effectiveness of the registrants current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commissions rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrants principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure. |
(b) | There have been no significant changes in the registrants internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. |
Item 3. | Exhibits |
Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 Attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Prudential Investment Portfolios 8
By (Signature and Title) * | /s/ Deborah A. Docs | |
Deborah A. Docs | ||
Secretary of the Fund |
Date August 16, 2017
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title) * | /s/ Stuart S. Parker | |
Stuart S. Parker | ||
President and Principal Executive Officer | ||
Date August 16, 2017 | ||
By (Signature and Title) * | /s/ M. Sadiq Peshimam | |
M. Sadiq Peshimam | ||
Treasurer and Principal Financial and Accounting Officer | ||
Date August 16, 2017 |
* | Print the name and title of each signing officer under his or her signature. |
CERTIFICATIONS
I, Stuart S. Parker, certify that:
1. | I have reviewed this report on Form N-Q of Prudential Investment Portfolios 8; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the schedule of investments included in this report fairly presents in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; |
4. | The registrants other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
(a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
(b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
(c) | Evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and |
(d) | Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer(s) and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): |
(a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and |
(b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. |
Date: August 16, 2017 |
/s/ Stuart S. Parker | |||||
Stuart S. Parker | ||||||
President and Principal | ||||||
Executive Officer |
CERTIFICATIONS
I, M. Sadiq Peshimam, certify that:
1. | I have reviewed this report on Form N-Q of Prudential Investment Portfolios 8; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the schedule of investments included in this report fairly presents in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; |
4. | The registrants other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
(a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
(b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
(c) | Evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and |
(d) | Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer(s) and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): |
(a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and |
(b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. |
Date: August 16, 2017 |
/s/ M. Sadiq Peshimam | |||||
M. Sadiq Peshimam | ||||||
Treasurer and Principal | ||||||
Financial and Accounting Officer |