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
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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)
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
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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).
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