| Description | Shares | Value | |||
| Long-Term Investments 91.0% | |||||
| Common Stocks | |||||
| Diversified REITs 5.5% | |||||
| American Assets Trust, Inc. | 20,984 | $ 963,166 | |||
| Essential Properties Realty Trust, Inc. | 15,325 | 380,213 | |||
| STORE Capital Corp. | 19,655 | 731,952 | |||
| 2,075,331 | |||||
| Health Care REITs 12.9% | |||||
| Global Medical REIT, Inc. | 66,272 | 876,778 | |||
| Healthpeak Properties, Inc. | 41,742 | 1,438,847 | |||
| Medical Properties Trust, Inc. | 68,787 | 1,452,094 | |||
| Welltower, Inc. | 13,327 | 1,089,882 | |||
| 4,857,601 | |||||
| Hotel & Resort REITs 6.5% | |||||
| Apple Hospitality REIT, Inc. | 36,389 | 591,321 | |||
| Host Hotels & Resorts, Inc. | 24,958 | 462,971 | |||
| MGM Growth Properties LLC (Class A Stock) | 37,308 | 1,155,429 | |||
| Park Hotels & Resorts, Inc. | 8,222 | 212,703 | |||
| 2,422,424 | |||||
| Industrial REITs 19.4% | |||||
| Americold Realty Trust | 46,694 | 1,637,092 | |||
| Duke Realty Corp. | 20,746 | 719,264 | |||
| Prologis, Inc. | 32,523 | 2,899,100 | |||
| Rexford Industrial Realty, Inc. | 20,672 | 944,090 | |||
| STAG Industrial, Inc. | 34,040 | 1,074,643 | |||
| 7,274,189 | |||||
| IT Consulting & Other Services 1.8% | |||||
| InterXion Holding NV (Netherlands)* | 8,058 | 675,341 | |||
| Office REITs 8.9% | |||||
| Cousins Properties, Inc. | 21,176 | 872,451 | |||
| Hudson Pacific Properties, Inc. | 30,948 | 1,165,192 | |||
| JBG SMITH Properties | 26,580 | 1,060,276 | |||
| SL Green Realty Corp. | 2,455 | 225,566 | |||
| 3,323,485 | |||||
| Description | Shares | Value | |||
| Common Stocks (Continued) | |||||
| Residential REITs 21.7% | |||||
| American Homes 4 Rent (Class A Stock) | 18,696 | $ 490,022 | |||
| AvalonBay Communities, Inc. | 8,656 | 1,815,163 | |||
| Camden Property Trust | 9,539 | 1,012,088 | |||
| Equity LifeStyle Properties, Inc. | 24,845 | 1,748,840 | |||
| Equity Residential | 6,090 | 492,803 | |||
| Essex Property Trust, Inc. | 1,075 | 323,424 | |||
| Invitation Homes, Inc. | 75,297 | 2,256,651 | |||
| 8,138,991 | |||||
| Retail REITs 5.5% | |||||
| Realty Income Corp. | 8,594 | 632,776 | |||
| Simon Property Group, Inc. | 1,699 | 253,083 | |||
| Spirit Realty Capital, Inc. | 24,168 | 1,188,582 | |||
| 2,074,441 | |||||
| Specialized REITs 8.8% | |||||
| CyrusOne, Inc. | 3,903 | 255,373 | |||
| Equinix, Inc. | 3,373 | 1,968,820 | |||
| Extra Space Storage, Inc. | 10,167 | 1,073,839 | |||
| 3,298,032 | |||||
| Total
Long-Term Investments (cost $28,395,165) |
34,139,835 | ||||
| Short-Term Investment 0.3% | |||||
| Affiliated Mutual Fund | |||||
| PGIM
Core Ultra Short Bond Fund (cost $107,617)(w) |
107,617 | 107,617 | |||
| TOTAL
INVESTMENTS 91.3% (cost $28,502,782) |
34,247,452 | ||||
| Other assets in excess of liabilities 8.7% | 3,274,127 | ||||
| Net Assets 100.0% | $ 37,521,579 | ||||
| Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
| REITs—Real Estate Investment Trust |
| * | Non-income producing security. |
| (w) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Ultra Short Bond Fund. |