0001752724-24-067326.txt : 20240326 0001752724-24-067326.hdr.sgml : 20240326 20240326115050 ACCESSION NUMBER: 0001752724-24-067326 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240131 FILED AS OF DATE: 20240326 DATE AS OF CHANGE: 20240326 PERIOD START: 20241031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL INVESTMENT PORTFOLIOS 12 CENTRAL INDEX KEY: 0001051562 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08565 FILM NUMBER: 24782099 BUSINESS ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 6TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4077 BUSINESS PHONE: (973) 802-5032 MAIL ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 6TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4077 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL GLOBAL REAL ESTATE FUND DATE OF NAME CHANGE: 20100219 FORMER COMPANY: FORMER CONFORMED NAME: DRYDEN GLOBAL REAL ESTATE FUND DATE OF NAME CHANGE: 20070111 FORMER COMPANY: FORMER CONFORMED NAME: STRATEGIC PARTNERS REAL ESTATE FUND DATE OF NAME CHANGE: 20050616 0001051562 S000004628 PGIM GLOBAL REAL ESTATE FUND C000012602 Class C PURCX C000012603 Class Z PURZX C000012604 Class A PURAX C000064697 Class R PURRX C000130267 Class R6 PGRQX C000196787 Class R2 PUREX C000196788 Class R4 PURGX NPORT-P 1 primary_doc.xml NPORT-P false 0001051562 XXXXXXXX S000004628 C000196787 C000130267 C000196788 C000064697 C000012602 C000012603 C000012604 Prudential Investment Portfolios 12 811-08565 0001051562 549300TIDSYQDWW4LP02 655 Broad Street Newark 07102-4077 1-800-225-1852 PGIM Global Real Estate Fund S000004628 RM1TNBCZCD8HWGSSZZ84 2024-10-31 2024-01-31 N 1045014837.31 15891392.29 1029123445.02 0.00000000 0.00000000 116000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N Nippon Prologis REIT Inc 353800PHBMSDLAFURY41 Nippon Prologis REIT Inc 000000000 6451.00000000 NS 11477637.15000000 1.115282836625 Long EC CORP JP N 2 N N N Alexandria Real Estate Equitie MGCJBT4MKTQBVLNUIS88 Alexandria Real Estate Equities Inc 015271109 177621.00000000 NS USD 21474378.90000000 2.086666959529 Long EC CORP US N 1 N N N CK Asset Holdings Ltd 5299006GJZSGP78B8S35 CK Asset Holdings Ltd 000000000 709099.00000000 NS 3199698.64000000 0.310914949560 Long EC CORP HK N 2 N N N CapitaLand Investment Ltd/Sing 254900AT4UQDU7SNXX49 CapitaLand Investment Ltd/Singapore 000000000 3795357.00000000 NS 8331904.93000000 0.809611808021 Long EC CORP SG N 2 N N N Retail Opportunity Investments N/A Retail Opportunity Investments Corp 76131N101 312302.00000000 NS USD 4244184.18000000 0.412407685447 Long EC CORP US N 1 N N N Canadian Apartment Properties 549300B1MYVTQEB2DI90 Canadian Apartment Properties REIT 134921105 111814.00000000 NS 3881408.29000000 0.377156725831 Long EC CORP CA N 1 N N N Nomura Real Estate Master Fund 353800TNNZOQ1CPZE086 Nomura Real Estate Master Fund Inc 000000000 6316.00000000 NS 6911380.66000000 0.671579361391 Long EC CORP JP N 2 N N N Extra Space Storage Inc N/A Extra Space Storage Inc 30225T102 55802.00000000 NS USD 8060040.88000000 0.783194758510 Long EC CORP US N 1 N N N InvenTrust Properties Corp 5493006BQYSOBYVUFA03 InvenTrust Properties Corp 46124J201 204174.00000000 NS USD 5069640.42000000 0.492617328322 Long EC CORP US N 1 N N N RioCan REIT 549300S8HVUSEU3JBY60 RioCan Real Estate Investment Trust 766910103 3052.00000000 NS 41519.64000000 0.004034466438 Long EC CORP CA N 1 N N N Vonovia SE 5299005A2ZEP6AP7KM81 Vonovia SE 000000000 473770.00000000 NS 14759053.50000000 1.434138302010 Long EC CORP DE N 2 N N N VICI Properties Inc 254900RKH6RY9KCJQH63 VICI Properties Inc 925652109 412514.00000000 NS USD 12424921.68000000 1.207330543301 Long EC CORP US N 1 N N N Sagax AB 549300LJX28T6OM8DT95 Sagax AB 000000000 271965.00000000 NS 6609112.26000000 0.642207918980 Long EC CORP SE N 2 N N N Klepierre SA 969500PB4U31KEFHZ621 Klepierre SA 000000000 480956.00000000 NS 12452280.51000000 1.209989002802 Long EC CORP FR N 2 N N N Americold Realty Trust Inc 894500O3S3W62PQPO460 Americold Realty Trust Inc 03064D108 328318.00000000 NS USD 9028745.00000000 0.877323808304 Long EC CORP US N 1 N N N SITE Centers Corp W2AVA6SODOQ1LCYJQR54 SITE Centers Corp 82981J109 773215.00000000 NS USD 10299223.80000000 1.000776325701 Long EC CORP US N 1 N N N Equinix Inc 549300EVUN2BTLJ3GT74 Equinix Inc 29444U700 71335.00000000 NS USD 59191642.95000000 5.751656250417 Long EC CORP US N 1 N N N Wharf Real Estate Investment C 529900QLPKS8U9QOPB59 Wharf Real Estate Investment Co Ltd 000000000 2434823.00000000 NS 7133626.67000000 0.693175022347 Long EC CORP HK N 2 N N N Welltower Inc 254900F33BIAR82QTA19 Welltower Inc 95040Q104 459576.00000000 NS USD 39757919.76000000 3.863279954644 Long EC CORP US N 1 N N N Swire Properties Ltd 5299001L12PHYVQ92465 Swire Properties Ltd 000000000 268.00000000 NS 500.83000000 0.000048665687 Long EC CORP HK N 2 N N N Essential Properties Realty Tr 2549009LXQLVYCGLZO50 Essential Properties Realty Trust Inc 29670E107 624482.00000000 NS USD 15555846.62000000 1.511562747430 Long EC CORP US N 1 N N Veris Residential Inc 254900KTVBRYJCQU2J23 Veris Residential Inc 554489104 1510330.00000000 NS USD 23032532.50000000 2.238072858164 Long EC CORP US N 1 N N N Frasers Logistics & Commercial N/A Frasers Logistics & Commercial Trust 000000000 6409973.00000000 NS 5335926.24000000 0.518492340818 Long EC CORP SG N 2 N N N SL Green Realty Corp 549300VQZPJU97H3GT17 SL Green Realty Corp 78440X887 17973.00000000 NS USD 807886.35000000 0.078502375386 Long EC CORP US N 1 N N N Apartment Income REIT Corp N/A Apartment Income REIT Corp 03750L109 180286.00000000 NS USD 5893549.34000000 0.572676618001 Long EC CORP US N 1 N N N Mid-America Apartment Communit 549300FQZKFR5YNSHZ21 Mid-America Apartment Communities Inc 59522J103 94140.00000000 NS USD 11897413.20000000 1.156072505934 Long EC CORP US N 1 N N N Warehouses De Pauw CVA 549300HWDYC5JXC85138 Warehouses De Pauw CVA 000000000 401330.00000000 NS 11741778.18000000 1.140949439721 Long EC CORP BE N 2 N N N Chartwell Retirement Residence 549300M7UBEIZBWP4069 Chartwell Retirement Residences 16141A103 736411.00000000 NS 6567420.05000000 0.638156683902 Long EC CORP CA N 1 N N N Realty Income Corp 549300CUWDAUZSH43859 Realty Income Corp 756109104 835528.00000000 NS USD 45444367.92000000 4.415832535922 Long EC CORP US N 1 N N N NEXTDC Ltd 529900RTERU3X7G3D672 NEXTDC Ltd 000000000 635784.00000000 NS 5755852.61000000 0.559296616732 Long EC CORP AU N 2 N N N Grainger PLC 2138007CEIRKZMNI2979 Grainger PLC 000000000 3067210.00000000 NS 10185855.20000000 0.989760290593 Long EC CORP GB N 2 N N N Unibail-Rodamco-Westfield N/A Unibail-Rodamco-Westfield 000000000 136287.00000000 NS 9758787.48000000 0.948262089181 Long EC CORP FR N 2 N N N Host Hotels & Resorts Inc N6EL63S0K3PB1YFTDI24 Host Hotels & Resorts Inc 44107P104 973040.00000000 NS USD 18701828.80000000 1.817258064666 Long EC CORP US N 1 N N N Regency Centers Corp 529900053A7X7FJ97S58 Regency Centers Corp 758849103 106317.00000000 NS USD 6662886.39000000 0.647433155103 Long EC CORP US N 1 N N N Digital Realty Trust Inc 549300HKCZ31D08NEI41 Digital Realty Trust Inc 253868103 149819.00000000 NS USD 21043576.74000000 2.044805882309 Long EC CORP US N 1 N N N Nippon Building Fund Inc 52990053R8NL2MB32172 Nippon Building Fund Inc 000000000 2007.00000000 NS 8120543.79000000 0.789073830675 Long EC CORP JP N 2 N N N Land Securities Group PLC 213800V8IAVKS37D6B88 Land Securities Group PLC 000000000 226180.00000000 NS 1906856.14000000 0.185289349808 Long EC CORP GB N 2 N N N Goodman Group N/A Goodman Group 000000000 630423.00000000 NS 10464502.14000000 1.016836434019 Long EC CORP AU N 2 N N N Mitsubishi Estate Co Ltd 353800KOFMRGOXSJ5Z65 Mitsubishi Estate Co Ltd 000000000 556523.00000000 NS 7711138.55000000 0.749291893729 Long EC CORP JP N 2 N N N Kilroy Realty Corp 549300CXXI18B214UN80 Kilroy Realty Corp 49427F108 434728.00000000 NS USD 15545873.28000000 1.510593637257 Long EC CORP US N 1 N N N Nippon Accommodations Fund Inc N/A Nippon Accommodations Fund Inc 000000000 592.00000000 NS 2464574.59000000 0.239482892157 Long EC CORP JP N 2 N N N Invincible Investment Corp 353800JY6M2692VAV685 Invincible Investment Corp 000000000 15060.00000000 NS 6191184.15000000 0.601597814135 Long EC CORP JP N 2 N N N Community Healthcare Trust Inc 549300FATSRCMKOV9536 Community Healthcare Trust Inc 20369C106 386278.00000000 NS USD 9884854.02000000 0.960511984041 Long EC CORP US N 1 N N N Iron Mountain Inc SQL3F6CKNNBM3SQGHX24 Iron Mountain Inc 46284V101 219164.00000000 NS USD 14797953.28000000 1.437918196462 Long EC CORP US N 1 N N CapitaLand Ascott Trust 549300W6RTG7Y32IWY65 CapitaLand Ascott Trust 000000000 11550266.00000000 NS 8234577.68000000 0.800154512060 Long EC CORP SG N 2 N N N GLP J-Reit 353800E27V9KA51K2I90 GLP J-Reit 000000000 6957.00000000 NS 6211445.60000000 0.603566620705 Long EC CORP JP N 2 N N N Catena AB 549300EMLM7AH5LDLY65 Catena AB 000000000 133584.00000000 NS 5695581.43000000 0.553440061788 Long EC CORP SE N 2 N N N Boardwalk Real Estate Investme 549300RMNRTTJRCOYW23 Boardwalk Real Estate Investment Trust 096631106 77827.00000000 NS 4040555.32000000 0.392621054311 Long EC CORP CA N 1 N N N Stockland N/A Stockland 000000000 2964925.00000000 NS 8755753.59000000 0.850797213139 Long EC CORP AU N 2 N N N Simon Property Group Inc 529900GQL5X8H7AO3T64 Simon Property Group Inc 828806109 291629.00000000 NS USD 40422695.69000000 3.927876280110 Long EC CORP US N 1 N N N (PIPA070) PGIM Core Government Money Market Fund N/A (PIPA070) PGIM Core Government Money Market Fund 000000000 539508.51000000 NS USD 539508.51000000 0.052424081154 Long STIV RF US N 1 N N N Brixmor Property Group Inc 5299007UXW6Y0W2EGZ95 Brixmor Property Group Inc 11120U105 502673.00000000 NS USD 11279982.12000000 1.096076682985 Long EC CORP US N 1 N N N Mitsui Fudosan Co Ltd 353800ND4ZKNZDYKMF33 Mitsui Fudosan Co Ltd 000000000 1026230.00000000 NS 25762248.57000000 2.503319567216 Long EC CORP JP N 2 N N N Link REIT 529900XUE70U36QX5M62 Link REIT 000000000 1518867.00000000 NS 7618160.07000000 0.740257168065 Long EC CORP HK N 2 N N N Public Storage N/A Public Storage 74460D109 152414.00000000 NS USD 43162120.66000000 4.194066403682 Long EC CORP US N 1 N N N Great Portland Estates PLC 213800JMEDD2Q4N1MC42 Great Portland Estates PLC 000000000 1246214.00000000 NS 6557188.83000000 0.637162515510 Long EC CORP GB N 2 N N N Killam Apartment Real Estate I 2549001RZSL75H60JE41 Killam Apartment Real Estate Investment Trust 49410M102 489508.00000000 NS 6819506.00000000 0.662651893997 Long EC CORP CA N 1 N N N Tokyu Fudosan Holdings Corp N/A Tokyu Fudosan Holdings Corp 000000000 1416757.00000000 NS 9474670.81000000 0.920654451693 Long EC CORP JP N 2 N N N UNITE Group PLC/The 213800BBUUWVDH9YI827 UNITE Group PLC/The 000000000 920269.00000000 NS 11757204.95000000 1.142448460084 Long EC CORP GB N 2 N N N Equity Residential 5493008RACSH5EP3PI59 Equity Residential 29476L107 374003.00000000 NS USD 22511240.57000000 2.187418883413 Long EC CORP US N 1 N N N Camden Property Trust 5493002MYX22OHYJBD89 Camden Property Trust 133131102 40787.00000000 NS USD 3827452.08000000 0.371913796981 Long EC CORP US N 1 N N N InterRent Real Estate Investme N/A InterRent Real Estate Investment Trust 46071W205 555435.00000000 NS 5564884.86000000 0.540740266576 Long EC CORP CA N 1 N N N Scentre Group N/A Scentre Group 000000000 11378481.00000000 NS 22620958.89000000 2.198080220547 Long EC CORP AU N 2 N N N UDR Inc P3CH2EG5X6Z1XWU1OO74 UDR Inc 902653104 418314.00000000 NS USD 15067670.28000000 1.464126616968 Long EC CORP US N 1 N N N Big Yellow Group PLC 213800W7Q4V2ZI8LIW31 Big Yellow Group PLC 000000000 439681.00000000 NS 6357800.95000000 0.617787980709 Long EC CORP GB N 2 N N N Shurgard Self Storage Ltd 549300J0UEIKU81XO336 Shurgard Self Storage Ltd 000000000 283553.00000000 NS 13151718.55000000 1.277953448018 Long EC CORP LU N 2 N N N Mitsui Fudosan Logistics Park 353800DN63EIYS760S59 Mitsui Fudosan Logistics Park Inc 000000000 1085.00000000 NS 3252754.36000000 0.316070377731 Long EC CORP JP N 2 N N N CapitaLand Ascendas REIT 549300ILIBAEMQZK3L20 CapitaLand Ascendas REIT 000000000 5402963.00000000 NS 11709459.29000000 1.137809010829 Long EC CORP SG N 2 N N N Tritax Big Box REIT PLC 213800L6X88MIYPVR714 Tritax Big Box REIT PLC 000000000 5712365.00000000 NS 11959334.27000000 1.162089380809 Long EC CORP GB N 2 N N N EPR Properties 549300YSSXFHMPOWZ492 EPR Properties 26884U109 153784.00000000 NS USD 6808017.68000000 0.661535573107 Long EC CORP US N 1 N N N Hoshino Resorts REIT Inc 353800DF2MUZWFL4IL56 Hoshino Resorts REIT Inc 000000000 1269.00000000 NS 4428817.71000000 0.430348538985 Long EC CORP JP N 2 N N N Sun Communities Inc 549300H5GEOJYN41ZG57 Sun Communities Inc 866674104 124484.00000000 NS USD 15604069.40000000 1.516248558470 Long EC CORP US N 1 N N N PGIM Institutional Money Market Fund - D N/A PGIM Institutional Money Market Fund - D 000000000 6149551.28900000 NS USD 6147706.42000000 0.597373079949 Long STIV RF US N 1 N N CareTrust REIT Inc 5493001NVXE2B9GPLU96 CareTrust REIT Inc 14174T107 761099.00000000 NS USD 15922191.08000000 1.547160465253 Long EC CORP US N 1 N N N TAG Immobilien AG 529900TAE68USJNXLR59 TAG Immobilien AG 000000000 107967.00000000 NS 1511196.77000000 0.146843100049 Long EC CORP DE N 2 N N N Prologis Inc 529900DFH19P073LZ636 Prologis Inc 74340W103 645335.00000000 NS USD 81757491.15000000 7.944381361208 Long EC CORP US N 1 N N N British Land Co PLC/The RV5B68J2GV3QGMRPW209 British Land Co PLC/The 000000000 773977.00000000 NS 3720290.23000000 0.361500872223 Long EC CORP GB N 2 N N N Sun Hung Kai Properties Ltd 529900LUMD393RD3S874 Sun Hung Kai Properties Ltd 000000000 1425874.00000000 NS 13308242.81000000 1.293162921746 Long EC CORP HK N 2 N N N Castellum AB 549300GU5OHTR1T5IY68 Castellum AB 000000000 616163.00000000 NS 7932412.35000000 0.770793084968 Long EC CORP SE N 2 N N N Japan Hotel REIT Investment Co 353800L8KG849FP1JI68 Japan Hotel REIT Investment Corp 000000000 16592.00000000 NS 8526603.73000000 0.828530704577 Long EC CORP JP N 2 N N N Ventas Inc ORQTRC074CWLT3DKHT41 Ventas Inc 92276F100 107165.00000000 NS USD 4971384.35000000 0.483069778854 Long EC CORP US N 1 N N N Broadstone Net Lease Inc 549300U8D7PT70B49V21 Broadstone Net Lease Inc 11135E203 562754.00000000 NS USD 9043456.78000000 0.878753353036 Long EC CORP US N 1 N N N American Homes 4 Rent 549300ZJUO7A58PNUW40 American Homes 4 Rent 02665T306 188652.00000000 NS USD 6612252.60000000 0.642513066046 Long EC CORP US N 1 N N N STAG Industrial Inc 549300QWYX2W6FASVQ07 STAG Industrial Inc 85254J102 428405.00000000 NS USD 15825280.70000000 1.537743676580 Long EC CORP US N 1 N N N 2024-03-25 Prudential Investment Portfolios 12 Christian J. Kelly Christian J. Kelly Chief Financial Officer XXXX NPORT-EX 2 PIPDV00PRU013124.htm
PGIM Global Real Estate Fund
Schedule of Investments as of January 31, 2024 (unaudited)
Description     Shares Value
Long-Term Investments 100.3%
Common Stocks 
Australia 4.6%
Goodman Group, REIT       630,423  $10,464,502
NEXTDC Ltd.*       635,784 5,755,853
Scentre Group, REIT       11,378,481 22,620,959
Stockland, REIT       2,964,925 8,755,753
          47,597,067
Belgium 2.4%
Shurgard Self Storage Ltd., REIT       283,553 13,151,719
Warehouses De Pauw CVA, REIT       401,330 11,741,778
          24,893,497
Canada 2.6%
Boardwalk Real Estate Investment Trust, REIT       77,827 4,040,555
Canadian Apartment Properties REIT, REIT       111,814 3,881,408
Chartwell Retirement Residences, UTS       736,411 6,567,420
InterRent Real Estate Investment Trust, REIT       555,435 5,564,885
Killam Apartment Real Estate Investment Trust, REIT       489,508 6,819,506
RioCan Real Estate Investment Trust, REIT       3,052 41,520
          26,915,294
France 2.0%
Klepierre SA, REIT       480,956 12,452,281
Unibail-Rodamco-Westfield, REIT*       117,978 8,447,777
          20,900,058
Germany 1.7%
Vonovia SE       568,758 17,718,154
Hong Kong 3.1%
CK Asset Holdings Ltd.       709,099 3,199,698
Link REIT, REIT       1,518,867 7,618,160
Sun Hung Kai Properties Ltd.       1,425,874 13,308,243
Swire Properties Ltd.       268 501
Wharf Real Estate Investment Co. Ltd.       2,434,823 7,133,627
          31,260,229
Japan 9.8%
GLP J-REIT, REIT       6,957 6,211,446
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PGIM Global Real Estate Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Japan (cont’d.)
Hoshino Resorts REIT, Inc., REIT       1,269  $4,428,818
Invincible Investment Corp., REIT       15,060 6,191,184
Japan Hotel REIT Investment Corp., REIT       16,592 8,526,604
Mitsubishi Estate Co. Ltd.       556,523 7,711,138
Mitsui Fudosan Co. Ltd.       1,026,230 25,762,248
Mitsui Fudosan Logistics Park, Inc., REIT       1,085 3,252,754
Nippon Accommodations Fund, Inc., REIT       592 2,464,575
Nippon Building Fund, Inc., REIT       2,007 8,120,544
Nippon Prologis REIT, Inc., REIT       6,451 11,477,637
Nomura Real Estate Master Fund, Inc., REIT       6,316 6,911,381
Tokyu Fudosan Holdings Corp.       1,416,757 9,474,671
          100,533,000
Singapore 3.3%
CapitaLand Ascendas REIT, REIT       5,402,963 11,709,459
CapitaLand Ascott Trust, REIT, UTS       11,550,266 8,234,578
CapitaLand Investment Ltd.       3,795,357 8,331,905
Frasers Logistics & Commercial Trust, REIT       6,409,973 5,335,926
          33,611,868
Sweden 2.0%
Castellum AB*       616,163 7,932,412
Catena AB       133,584 5,695,582
Sagax AB (Class B Stock)       271,965 6,609,112
          20,237,106
United Kingdom 5.4%
Big Yellow Group PLC, REIT       439,681 6,357,801
British Land Co. PLC (The), REIT       1,708,525 8,212,400
Grainger PLC       3,067,210 10,185,855
Great Portland Estates PLC, REIT       1,246,214 6,557,189
Tritax Big Box REIT PLC, REIT       5,712,365 11,959,334
UNITE Group PLC (The), REIT       920,269 11,757,205
          55,029,784
United States 63.4%
Alexandria Real Estate Equities, Inc., REIT       177,621 21,474,379
American Homes 4 Rent (Class A Stock), REIT       188,652 6,612,253
Americold Realty Trust, Inc., REIT       328,318 9,028,745
Apartment Income REIT Corp., REIT       180,286 5,893,549
Brixmor Property Group, Inc., REIT       502,673 11,279,982
2
PGIM Global Real Estate Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
United States (cont’d.)
Broadstone Net Lease, Inc., REIT       562,754  $9,043,457
Camden Property Trust, REIT       40,787 3,827,452
CareTrust REIT, Inc., REIT       761,099 15,922,191
Community Healthcare Trust, Inc., REIT       386,278 9,884,854
Digital Realty Trust, Inc., REIT       149,819 21,043,577
EPR Properties, REIT       153,784 6,808,018
Equinix, Inc., REIT       71,335 59,191,643
Equity Residential, REIT       374,003 22,511,240
Essential Properties Realty Trust, Inc., REIT(a)       624,482 15,555,847
Extra Space Storage, Inc., REIT       55,802 8,060,041
Host Hotels & Resorts, Inc., REIT       973,040 18,701,829
InvenTrust Properties Corp., REIT       204,174 5,069,640
Iron Mountain, Inc., REIT(a)       219,164 14,797,953
Kilroy Realty Corp., REIT       375,092 13,413,290
Mid-America Apartment Communities, Inc., REIT       94,140 11,897,413
Prologis, Inc., REIT       645,335 81,757,492
Public Storage, REIT       152,414 43,162,121
Realty Income Corp., REIT       835,528 45,444,368
Regency Centers Corp., REIT       106,317 6,662,886
Retail Opportunity Investments Corp., REIT       312,302 4,244,184
Simon Property Group, Inc., REIT       291,629 40,422,696
SITE Centers Corp., REIT       773,215 10,299,224
SL Green Realty Corp., REIT       65,403 2,939,865
STAG Industrial, Inc., REIT       428,405 15,825,281
Sun Communities, Inc., REIT       124,484 15,604,069
UDR, Inc., REIT       418,314 15,067,670
Ventas, Inc., REIT       107,165 4,971,384
Veris Residential, Inc., REIT       1,510,330 23,032,532
VICI Properties, Inc., REIT       412,514 12,424,922
Welltower, Inc., REIT       459,576 39,757,920
          651,633,967
 
Total Long-Term Investments
(cost $949,747,001) 		1,030,330,024
3
PGIM Global Real Estate Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
 
Short-Term Investment 0.6%
Affiliated Mutual Fund 
PGIM Institutional Money Market Fund (7-day effective yield 5.727%)
(cost $6,323,766; includes $6,286,259 of cash collateral for securities on loan)(b)(wb) 		    6,326,511  $6,324,613
 
TOTAL INVESTMENTS 100.9%
(cost $956,070,767) 		        1,036,654,637
Liabilities in excess of other assets (0.9)% (8,744,558)
 
Net Assets 100.0% $1,027,910,079
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
  REITs—Real Estate Investment Trust
  UTS—Unit Trust Security
    
* Non-income producing security.
(a) All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $6,100,985; cash collateral of $6,286,259 (included in liabilities) was received with which the Fund purchased highly liquid short-term investments. In the event of significant appreciation in value of securities on loan on the last business day of the reporting period, the Fund may reflect a collateral value that is less than the market value of the loaned securities and such shortfall is remedied the following business day.
(b) Represents security, or portion thereof, purchased with cash collateral received for securities on loan and includes dividend reinvestment.
(wb) Represents an investment in a Fund affiliated with the Manager.
Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
4