| Label |
Element |
Value |
| Risk/Return: |
rr_RiskReturnAbstract |
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| Registrant Name |
dei_EntityRegistrantName |
PRUDENTIAL INVESTMENT PORTFOLIOS 18
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| Prospectus Date |
rr_ProspectusDate |
Jan. 29, 2019
|
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| PGIM Jennison MLP Fund |
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| Risk/Return: |
rr_RiskReturnAbstract |
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| Risk/Return [Heading] |
rr_RiskReturnHeading |
FUND SUMMARY
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| Objective [Heading] |
rr_ObjectiveHeading |
<b>INVESTMENT OBJECTIVE </b>
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| Objective, Primary [Text Block] |
rr_ObjectivePrimaryTextBlock |
The investment objective of the Fund is total return.
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| Expense [Heading] |
rr_ExpenseHeading |
<b>FUND FEES AND EXPENSES </b>
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| Expense Narrative [Text Block] |
rr_ExpenseNarrativeTextBlock |
The tables below describe the sales charges, fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and an eligible group of related investors purchase, or agree to purchase in the future, $25,000 or more in shares of the Fund or other funds in the PGIM Funds family. More information about these discounts as well as other waivers or discounts is available from your financial professional and is explained in Reducing or Waiving Class A's and Class C’s Sales Charges on page 31 of the Fund's Prospectus, Appendix A: Waivers and Discounts Available From Certain Financial Intermediaries on page 52 of the Fund's Prospectus and in Rights of Accumulation on page 57 of the Fund's Statement of Additional Information (SAI).
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| Shareholder Fees Caption [Text] |
rr_ShareholderFeesCaption |
<b>Shareholder Fees (paid directly from your investment) </b>
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| Operating Expenses Caption [Text] |
rr_OperatingExpensesCaption |
<b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) </b>
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| Fee Waiver or Reimbursement over Assets, Date of Termination |
rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination |
March 31, 2020
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| Portfolio Turnover [Heading] |
rr_PortfolioTurnoverHeading |
<b>Portfolio Turnover.</b>
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| Portfolio Turnover [Text Block] |
rr_PortfolioTurnoverTextBlock |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the Fund's most recent fiscal year, the Fund's portfolio turnover rate was 41% of the average value of its portfolio.
|
|
| Portfolio Turnover, Rate |
rr_PortfolioTurnoverRate |
41.00%
|
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| Expense Breakpoint Discounts [Text] |
rr_ExpenseBreakpointDiscounts |
You may qualify for sales charge discounts if you and an eligible group of related investors purchase, or agree to purchase in the future, $25,000 or more in shares of the Fund or other funds in the PGIM Funds family.
|
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| Expense Breakpoint, Minimum Investment Required [Amount] |
rr_ExpenseBreakpointMinimumInvestmentRequiredAmount |
$ 25,000
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|
| Expense Example [Heading] |
rr_ExpenseExampleHeading |
<b>Example.</b>
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| Expense Example Narrative [Text Block] |
rr_ExpenseExampleNarrativeTextBlock |
The following hypothetical example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. It assumes that you invest $10,000 in the Fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year, that the Fund's operating expenses remain the same (except that fee waivers or reimbursements, if any, are only reflected in the 1-Year figures) and that all dividends and distributions are reinvested. Your actual costs may be higher or lower.
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| Expense Example by, Year, Caption [Text] |
rr_ExpenseExampleByYearCaption |
<b>If Shares Are Redeemed</b>
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| Expense Example, No Redemption, By Year, Caption [Text] |
rr_ExpenseExampleNoRedemptionByYearCaption |
<b>If Shares Are Not Redeemed</b>
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| Strategy [Heading] |
rr_StrategyHeading |
<b>INVESTMENTS, RISKS AND PERFORMANCE </b><br/><br/> <b>Principal Investment Strategies. </b>
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|
| Strategy Narrative [Text Block] |
rr_StrategyNarrativeTextBlock |
The Fund seeks to provide total return through a combination of current income and capital appreciation. The Fund normally invests at least 80% of its investable assets in master limited partnerships (MLPs) and MLP related investments (together, MLP investments). The term “investable assets” in this prospectus refers to the Fund's net assets plus any borrowings for investment purposes. The Fund's investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. The Fund’s investments may be of any capitalization size. The Fund may invest more than 5% of its assets in any one issuer.
The Fund’s MLP investments may include, but are not limited to: MLPs structured as limited partnerships (LPs) or limited liability companies (LLCs); MLPs that are taxed as “C” corporations; institutional units (I-Units) issued by MLP affiliates; parent companies of MLPs; shares of companies owning MLP general partnership interests and other securities representing indirect beneficial interest ownership interests in MLP common units; “C” corporations that hold significant interests in MLPs; and other equity and fixed income securities and derivative instruments, including pooled investment vehicles including but not limited to exchange traded funds and/or mutual funds and exchange-traded products (ETPs), that provide exposure to MLP investments or have economic characteristics similar to MLP investments. MLPs generally own and operate assets that are used in the energy sector, including assets used in exploring, developing, producing, generating, transporting (including marine), transmitting, terminal operation, storing, gathering, processing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined products, coal or electricity, or that provide energy related equipment or services.
MLPs formed as LPs or LLCs are generally treated as partnerships for US federal income tax purposes. MLPs are generally publicly traded, and as a result are subject to the Securities and Exchange Commission’s (SEC) rules and regulations and make public filings like any publicly traded corporation. The Fund may also invest in privately placed securities of publicly traded MLPs. The Fund is intended to provide access to a product that issues a single Form 1099 to its shareholders, thereby removing the obstacles of federal and state filings (because shareholders will not receive any Schedule K-1 and, for certain tax-exempt shareholders, unrelated business taxable income (UBTI) filings), while providing portfolio transparency, liquidity and daily net asset value.
Many of the MLPs in which the Fund invests operate oil, gas or petroleum facilities, or other facilities within the energy sector. The Fund concentrates its investments in the energy sector.
In deciding which stocks to buy, the subadviser relies on proprietary fundamental research, focused on the discovery of quality companies with predictable and sustainable cash flows. In narrowing the investment universe, the investment team compares prospective candidates’ competitive positioning, including strategically located assets; distribution coverage ratios; organic growth opportunities; expected dividend or distribution growth; the quality of the management team; balance sheet strength; and the support of the general partner. Valuation and the investment’s degree of liquidity factor into the portfolio managers’ decision calculus, as well.
The team also monitors wider industry dynamics and interacts continually with the subadviser’s Natural Resources investment professionals to gain insights into emerging trends, such as the anticipation of an acceleration or reduction in production of particular oil and gas plays or a shift in regulatory or tax policy, which could affect potential or current positions.
The Fund’s investments may include equity and equity-related securities, including common stocks; nonconvertible preferred stocks; convertible securities—like bonds, corporate notes and preferred stocks—that can convert into the company’s common stock, the cash value of common stock, or some other equity security; American Depositary Receipts (ADRs); American Depositary Shares (ADSs) and other similar receipts; warrants and rights that can be exercised to obtain stocks; equity securities of real estate investment trusts (REITs); investments in various types of business ventures, including partnerships and joint ventures; and similar securities.
The Fund is a regular corporation, or “C” corporation, for US federal income tax purposes. Accordingly, unlike traditional open-end mutual funds, the Fund is subject to US federal income tax on its taxable income at the rates applicable to corporations (currently a flat rate of 21%) as well as state and local income taxes.
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| Risk [Heading] |
rr_RiskHeading |
<b>Principal Risks.</b>
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|
| Risk Narrative [Text Block] |
rr_RiskNarrativeTextBlock |
All investments have risks to some degree. An investment in the Fund is not guaranteed to achieve its investment objective; is not a deposit with a bank; is not insured, endorsed or guaranteed by the Federal Deposit Insurance Corporation or any other government agency; and is subject to investment risks, including possible loss of your original investment.
Energy Sector Risk. The Fund concentrates its investments in the energy sector, and will therefore be susceptible to adverse economic, environmental, business, regulatory or other occurrences affecting that sector. The energy sector has historically experienced substantial price volatility. A downturn in the energy sector could have a larger impact on the Fund than on funds that are broadly diversified across many sectors and industries. At times, the performance of securities of companies in the energy sector may lag behind the performance of other sectors or industries or the broader market as a whole. MLPs and other companies operating in the energy sector are subject to specific risks, including, among others, fluctuations in commodity prices which may result from changes in general economic conditions or political circumstances (especially of key energy producing and consuming countries), market conditions, weather patterns, domestic production levels, volume of imports, energy conservation, domestic and foreign governmental regulation, international politics, policies of the Organization of Petroleum Exporting Countries (OPEC), taxation, tariffs, and the availability and costs of local, intrastate and interstate transportation methods; reduced consumer demand for commodities such as oil, natural gas or petroleum products; reduced availability of natural gas or other commodities for transporting, processing, storing or delivering; slowdowns in new construction; extreme weather or other natural disasters; and threats of attack by terrorists on energy assets. The energy sector is highly regulated. Changes in the regulatory environment for energy companies may adversely impact their profitability. There is an inherent risk that MLPs and other companies operating in the energy sector may incur environmental costs and liabilities due to the nature of their businesses and the substances they handle. Hydraulic fracturing, or “fracking,” is a relatively new technique for releasing and extracting natural gas trapped in underground shale formations. The fracking sector is facing allegations from environmentalists and some landowners that the technique may cause serious difficulties, which has led to uncertainty about the nature, extent, and cost of the environmental regulation to which it may ultimately be subject.
Liquidity Risk. The Fund may invest in instruments that trade in lower volumes and are less liquid than other investments. Liquidity risk exists when particular investments made by the Fund are difficult to purchase or sell. Liquidity risk also includes the risk that the Fund may make investments that may become less liquid in response to market developments or adverse investor perceptions. If the Fund is forced to sell these investments to pay redemption proceeds or for other reasons, the Fund may lose money. In addition, when there is no willing buyer and investments cannot be readily sold at the desired time or price, the Fund may have to accept a lower price or may not be able to sell the instrument at all. The reduction in dealer market-making capacity in the fixed income markets that has occurred in recent years also has the potential to reduce liquidity. An inability to sell a portfolio position can adversely affect the Fund's value or prevent the Fund from being able to take advantage of other investment opportunities.
Master Limited Partnerships Risk. The risks of investing in an MLP are generally those involved in investing in a partnership as opposed to a corporation. For example, state law governing partnerships is often less restrictive than state law governing corporations. Accordingly, there may be fewer protections afforded investors in an MLP than investors in a corporation. Investments held by MLPs may be relatively illiquid, limiting the MLPs’ ability to vary their portfolios promptly in response to changes in economic or other conditions. MLPs may have limited financial resources, their securities may trade infrequently and in limited volume, and they may be subject to more abrupt or erratic price movements than securities of larger or more broadly-based companies. The Fund’s investment in MLPs also subjects the Fund to the risks associated with the specific industry or industries in which the MLPs invest, risks related to limited control and limited rights to vote on matters affecting the MLP, risks related to potential conflicts of interest between the MLP and the MLP’s general partner, cash flow risks, dilution risks and risks related to the general partner’s right to require unit-holders to sell their common units at an undesirable time or price. MLPs are generally considered interest-rate sensitive investments. During periods of interest rate volatility, these investments may not provide attractive returns. Since MLPs generally conduct business in multiple states, the Fund may be subject to income or franchise tax in each of the states in which the partnership does business. The additional cost of preparing and filing the tax returns and paying the related taxes may adversely impact the Fund’s return on its investment in MLPs.
Market Risk. Securities markets may be volatile and the market prices of the Fund’s securities may decline. Securities fluctuate in price based on changes in an issuer’s financial condition and overall market and economic conditions. If the market prices of the securities owned by the Fund fall, the value of your investment in the Fund will decline.
Risks of Small and Medium Sized Companies. Small and medium capitalization companies usually offer a smaller range of products and services than larger companies. Smaller companies may also have limited financial resources and may lack management depth. As a result, their prices may fluctuate more than the stocks of larger, more established companies. Historically, small and mid-cap companies have sometimes gone through extended periods when they did not perform as well as larger companies. Small and mid-cap companies generally are less liquid than larger companies, which may make such investments more difficult to sell at the time and price that the Fund would like.
Non-diversification Risk. The Fund is non-diversified for purposes of the Investment Company Act of 1940 (1940 Act). This means that the Fund may invest a greater percentage of its assets in the securities of a single company or other issuer than a diversified fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss resulting from the decline in value of any one security may represent a greater portion of the total assets of a non-diversified fund.
Management Risk. The value of your investment may decrease if judgments by the subadviser about the attractiveness, value or market trends affecting a particular security, industry or sector or about market movements are incorrect.
Equity and Equity-Related Securities Risks. The value of a particular security could go down and you could lose money. In addition to an individual security losing value, the value of the equity markets or a sector in which the Fund invests could go down. The Fund's holdings can vary significantly from broad market indexes and the performance of the Fund can deviate from the performance of these indexes. Different parts of a market can react differently to adverse issuer, market, regulatory, political and economic developments.
Tax Risk. The Fund’s investment policies involve complicated and in some cases unsettled accounting, tax and valuation issues that may result in unexpected and potentially significant consequences for the Fund and its shareholders. Tax risks associated with investments in the Fund include but are not limited to the following:
Tax Reform Legislation. Tax reform legislation informally known as the Tax Cuts and Jobs Act (Tax Act) was enacted in December 2017. The Tax Act makes significant changes to the US federal income tax rules for taxation of individuals and corporations, generally effective for taxable years beginning after December 31, 2017. Most of the changes applicable to individuals are temporary and, without further legislation, will not apply after 2025. The impact of these changes is uncertain, and may not become evident for some period of time. Legislative, regulatory or administrative changes could be enacted or promulgated at any time, either prospectively or with retroactive effect, and may adversely affect the Fund and/or its shareholders. Prospective investors should consult their tax advisors regarding the implications of the Tax Act on their investment.
MLP Tax Risk. A change in current tax law or a change in the underlying business mix of a given MLP could result in the MLP being treated as a corporation rather than a partnership for US federal income tax purposes, which would result in the MLP being required to pay US federal income tax (as well as state and local income taxes) on its taxable income. This would have the effect of reducing the amount of cash available for distribution by the MLP and could result in a reduction in the value of the Fund’s investment in the MLP and lower income to the Fund.
Fund Structure Risk. Unlike traditional mutual funds that are structured as regulated investment companies for US federal income tax purposes, the Fund will be taxable as a regular corporation, or “C” corporation, for US federal income tax purposes. This means the Fund generally will be subject to US federal income tax on its taxable income at the rates applicable to corporations, and will also be subject to state and local income taxes. The Tax Act lowers the federal tax rate applicable to corporations from a maximum of 35% to a flat rate of 21%. The Tax Act also establishes a 20% deduction for “qualified business income” and certain other items of income that will not be available to the Fund, but might be available to an individual investing directly in an MLP.
Tax Estimation/NAV Risk. In calculating the Fund’s daily net asset value (NAV), the Fund will, among other things, account for its current taxes and deferred tax liability and/or asset balances. Any deferred tax liability balance will reduce the Fund’s NAV, and any deferred tax asset balance (reduced by any valuation allowance) will increase the Fund’s NAV. To estimate these amounts, the Fund will rely to some extent on information provided by MLPs, which may not be provided on a timely basis. The daily estimate of these amounts could vary dramatically from the Fund’s actual tax liability or benefit, and, as a result, the determination of the Fund’s actual tax liability or benefit may have a material impact on the Fund’s NAV. From time to time, the Fund may modify its estimates or assumptions regarding its current taxes and deferred tax liability and/or asset balances as new information becomes available, which modifications in estimates or assumptions may have a material impact on the Fund’s NAV.
Distribution Risk. Due to the tax characterization of distributions made by MLPs, the Fund expects that a significant portion of its dividends will consist of return of capital for US federal tax purposes. Additionally, to the extent that the Fund's distributions to shareholders approximately equal the distribution rate that the Fund receives from the Fund's MLP investments and the other securities in which the Fund invests, including any income (without any deduction for Fund expenses), a larger portion of the Fund's distribution to shareholders will consist of return of capital for US federal tax purposes. Generally, the Fund's dividend will constitute return of capital, rather than a qualified or other taxable dividend, to the extent that it exceeds the Fund's current and accumulated earnings and profits. Return of capital reduces a shareholder's adjusted cost basis in the Fund's shares, impacting the amount of any capital gains or loss realized by the shareholder upon selling the Fund's shares. Once a shareholder's adjusted cost basis has been reduced to zero (due to return of capital), any further return of capital will be treated as capital gains.
Foreign Securities Risk. The Fund’s investments in securities of foreign issuers or issuers with significant exposure to foreign markets involve additional risk. Foreign countries in which the Fund may invest may have markets that are less liquid, less regulated and more volatile than US markets. The value of the Fund’s investments may decline because of factors affecting the particular issuer as well as foreign markets and issuers generally, such as unfavorable government actions, and political or financial instability. Lack of information may also affect the value of these securities.
Economic and Market Events Risk. Events in the US and global financial markets, including actions taken by the US Federal Reserve or foreign central banks to stimulate or stabilize economic growth, may at times result in unusually high market volatility, which could negatively impact performance. Reduced liquidity in credit and fixed income markets could adversely affect issuers worldwide.
Risk of Increase in Expenses. Your actual cost of investing in the Fund may be higher than the expenses shown in the expense table for a variety of reasons. For example, expense ratios may be higher than those shown if average net assets decrease. Net assets are more likely to decrease and Fund expense ratios are more likely to increase when markets are volatile. Active and frequent trading of Fund securities can increase expenses.
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| Risk Lose Money [Text] |
rr_RiskLoseMoney |
and is subject to investment risks, including possible loss of your original investment.
|
|
| Risk Not Insured Depository Institution [Text] |
rr_RiskNotInsuredDepositoryInstitution |
An investment in the Fund is not guaranteed to achieve its investment objective; is not a deposit with a bank; is not insured, endorsed or guaranteed by the Federal Deposit Insurance Corporation or any other government agency;
|
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| Risk Nondiversified Status [Text] |
rr_RiskNondiversifiedStatus |
<b>Non-diversification Risk.</b> The Fund is non-diversified for purposes of the Investment Company Act of 1940 (1940 Act). This means that the Fund may invest a greater percentage of its assets in the securities of a single company or other issuer than a diversified fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss resulting from the decline in value of any one security may represent a greater portion of the total assets of a non-diversified fund.
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| Bar Chart and Performance Table [Heading] |
rr_BarChartAndPerformanceTableHeading |
<b>Performance.</b>
|
|
| Performance Narrative [Text Block] |
rr_PerformanceNarrativeTextBlock |
The following bar chart shows the Fund's performance for Class Z shares for each full calendar year of operations or for the last 10 calendar years, whichever is shorter. The following table shows the average annual returns of each of the Fund’s share classes and also compares the Fund’s performance with the average annual total returns of an index or other benchmark and a group of similar mutual funds. The bar chart and table demonstrate the risk of investing in the Fund by showing how returns can change from year to year.
Past performance (before and after taxes) does not mean that the Fund will achieve similar results in the future. Updated Fund performance information is available online at www.pgiminvestments.com.
|
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| Performance Information Illustrates Variability of Returns [Text] |
rr_PerformanceInformationIllustratesVariabilityOfReturns |
The following table shows the average annual returns of each of the Fund’s share classes and also compares the Fund’s performance with the average annual total returns of an index or other benchmark and a group of similar mutual funds. The bar chart and table demonstrate the risk of investing in the Fund by showing how returns can change from year to year.
|
|
| Performance One Year or Less [Text] |
rr_PerformanceOneYearOrLess |
Average annual total returns are not shown for Class R6 shares, because Class R6 shares are new. Performance for Class R6 shares will be included after Class R6 shares have been in existence for a full calendar year.
|
|
| Performance Additional Market Index [Text] |
rr_PerformanceAdditionalMarketIndex |
The Lipper Custom Energy MLP Funds Average is a custom group of unlevered, C-Corporation structured MLP Funds in the Lipper Energy MLP Funds performance universe. Although Lipper classifies the Fund in the Energy MLP Funds performance universe, the Lipper Custom Energy MLP Funds Average is used because the Fund's manager believes that the funds in the custom peer group provide a more appropriate basis for Fund performance comparisons.
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| Performance Availability Website Address [Text] |
rr_PerformanceAvailabilityWebSiteAddress |
www.pgiminvestments.com
|
|
| Performance Past Does Not Indicate Future [Text] |
rr_PerformancePastDoesNotIndicateFuture |
Past performance (before and after taxes) does not mean that the Fund will achieve similar results in the future.
|
|
| Bar Chart [Heading] |
rr_BarChartHeading |
<b>Annual Total Returns (Class Z Shares)<sup>1</sup></b>
|
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| Bar Chart Closing [Text Block] |
rr_BarChartClosingTextBlock |
| Best Quarter: | Worst Quarter: | | 18.23% | 2nd Quarter 2016 | -28.39% | 3rd Quarter 2015 |
|
|
| Performance Table Heading |
rr_PerformanceTableHeading |
<b>Average Annual Total Returns % (including sales charges) (as of 12-31-18)</b>
|
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| Performance Table Uses Highest Federal Rate |
rr_PerformanceTableUsesHighestFederalRate |
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
|
|
| Performance Table Not Relevant to Tax Deferred |
rr_PerformanceTableNotRelevantToTaxDeferred |
After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
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| Performance Table One Class of after Tax Shown [Text] |
rr_PerformanceTableOneClassOfAfterTaxShown |
After-tax returns are shown only for Class Z shares. After-tax returns for other classes will vary due to differing sales charges and expenses.
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| Performance Table Narrative |
rr_PerformanceTableNarrativeTextBlock |
° After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class Z shares. After-tax returns for other classes will vary due to differing sales charges and expenses.
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| PGIM Jennison MLP Fund | Class A |
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|
|
| Risk/Return: |
rr_RiskReturnAbstract |
|
|
| Maximum sales charge (load) imposed on purchases (as a percentage of offering price) |
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice |
5.50%
|
|
| Maximum deferred sales charge (load) (as a percentage of the lower of original purchase price or net asset value at redemption) |
rr_MaximumDeferredSalesChargeOverOther |
1.00%
|
|
| Maximum sales charge (load) imposed on reinvested dividends and other distributions |
rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther |
none
|
|
| Redemption fees |
rr_RedemptionFeeOverRedemption |
none
|
|
| Exchange fee |
rr_ExchangeFeeOverRedemption |
none
|
|
| Maximum account fee (accounts under $10,000) |
rr_MaximumAccountFee |
$ 15
|
|
| Management fees |
rr_ManagementFeesOverAssets |
1.00%
|
|
| Distribution and service (12b-1) fees |
rr_DistributionAndService12b1FeesOverAssets |
0.30%
|
|
| Deferred Income Tax Expenses/(Benefit) |
rr_Component1OtherExpensesOverAssets |
0.53%
|
[1] |
| Current Income Tax Expenses |
rr_Component2OtherExpensesOverAssets |
none
|
|
| Other expenses |
rr_OtherExpensesOverAssets |
0.22%
|
|
| Total annual Fund operating expenses |
rr_ExpensesOverAssets |
2.05%
|
|
| Fee waiver and/or expense reimbursement |
rr_FeeWaiverOrReimbursementOverAssets |
(0.05%)
|
|
| Total annual Fund operating expenses after fee waiver and/or expense reimbursement |
rr_NetExpensesOverAssets |
2.00%
|
[2],[3] |
| 1 Year |
rr_ExpenseExampleYear01 |
$ 742
|
|
| 3 Years |
rr_ExpenseExampleYear03 |
1,153
|
|
| 5 Years |
rr_ExpenseExampleYear05 |
1,588
|
|
| 10 Years |
rr_ExpenseExampleYear10 |
2,795
|
|
| 1 Year |
rr_ExpenseExampleNoRedemptionYear01 |
742
|
|
| 3 Years |
rr_ExpenseExampleNoRedemptionYear03 |
1,153
|
|
| 5 Years |
rr_ExpenseExampleNoRedemptionYear05 |
1,588
|
|
| 10 Years |
rr_ExpenseExampleNoRedemptionYear10 |
$ 2,795
|
|
| One Year |
rr_AverageAnnualReturnYear01 |
(19.17%)
|
|
| Five Years |
rr_AverageAnnualReturnYear05 |
(6.81%)
|
|
| Ten Years |
rr_AverageAnnualReturnYear10 |
|
|
| Since Inception |
rr_AverageAnnualReturnSinceInception |
(6.03%)
|
|
| Inception Date |
rr_AverageAnnualReturnInceptionDate |
Dec. 18, 2013
|
|
| PGIM Jennison MLP Fund | Class C |
|
|
|
| Risk/Return: |
rr_RiskReturnAbstract |
|
|
| Maximum sales charge (load) imposed on purchases (as a percentage of offering price) |
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice |
none
|
|
| Maximum deferred sales charge (load) (as a percentage of the lower of original purchase price or net asset value at redemption) |
rr_MaximumDeferredSalesChargeOverOther |
1.00%
|
|
| Maximum sales charge (load) imposed on reinvested dividends and other distributions |
rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther |
none
|
|
| Redemption fees |
rr_RedemptionFeeOverRedemption |
none
|
|
| Exchange fee |
rr_ExchangeFeeOverRedemption |
none
|
|
| Maximum account fee (accounts under $10,000) |
rr_MaximumAccountFee |
$ 15
|
|
| Management fees |
rr_ManagementFeesOverAssets |
1.00%
|
|
| Distribution and service (12b-1) fees |
rr_DistributionAndService12b1FeesOverAssets |
1.00%
|
|
| Deferred Income Tax Expenses/(Benefit) |
rr_Component1OtherExpensesOverAssets |
0.53%
|
[1] |
| Current Income Tax Expenses |
rr_Component2OtherExpensesOverAssets |
none
|
|
| Other expenses |
rr_OtherExpensesOverAssets |
0.20%
|
|
| Total annual Fund operating expenses |
rr_ExpensesOverAssets |
2.73%
|
|
| Fee waiver and/or expense reimbursement |
rr_FeeWaiverOrReimbursementOverAssets |
none
|
|
| Total annual Fund operating expenses after fee waiver and/or expense reimbursement |
rr_NetExpensesOverAssets |
2.73%
|
[2],[3] |
| 1 Year |
rr_ExpenseExampleYear01 |
$ 376
|
|
| 3 Years |
rr_ExpenseExampleYear03 |
847
|
|
| 5 Years |
rr_ExpenseExampleYear05 |
1,445
|
|
| 10 Years |
rr_ExpenseExampleYear10 |
3,061
|
|
| 1 Year |
rr_ExpenseExampleNoRedemptionYear01 |
276
|
|
| 3 Years |
rr_ExpenseExampleNoRedemptionYear03 |
847
|
|
| 5 Years |
rr_ExpenseExampleNoRedemptionYear05 |
1,445
|
|
| 10 Years |
rr_ExpenseExampleNoRedemptionYear10 |
$ 3,061
|
|
| One Year |
rr_AverageAnnualReturnYear01 |
(15.93%)
|
|
| Five Years |
rr_AverageAnnualReturnYear05 |
(6.47%)
|
|
| Ten Years |
rr_AverageAnnualReturnYear10 |
|
|
| Since Inception |
rr_AverageAnnualReturnSinceInception |
(5.69%)
|
|
| Inception Date |
rr_AverageAnnualReturnInceptionDate |
Dec. 18, 2013
|
|
| PGIM Jennison MLP Fund | Class Z |
|
|
|
| Risk/Return: |
rr_RiskReturnAbstract |
|
|
| Maximum sales charge (load) imposed on purchases (as a percentage of offering price) |
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice |
none
|
|
| Maximum deferred sales charge (load) (as a percentage of the lower of original purchase price or net asset value at redemption) |
rr_MaximumDeferredSalesChargeOverOther |
none
|
|
| Maximum sales charge (load) imposed on reinvested dividends and other distributions |
rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther |
none
|
|
| Redemption fees |
rr_RedemptionFeeOverRedemption |
none
|
|
| Exchange fee |
rr_ExchangeFeeOverRedemption |
none
|
|
| Maximum account fee (accounts under $10,000) |
rr_MaximumAccountFee |
none
|
[4] |
| Management fees |
rr_ManagementFeesOverAssets |
1.00%
|
|
| Distribution and service (12b-1) fees |
rr_DistributionAndService12b1FeesOverAssets |
none
|
|
| Deferred Income Tax Expenses/(Benefit) |
rr_Component1OtherExpensesOverAssets |
0.53%
|
[1] |
| Current Income Tax Expenses |
rr_Component2OtherExpensesOverAssets |
none
|
|
| Other expenses |
rr_OtherExpensesOverAssets |
0.17%
|
|
| Total annual Fund operating expenses |
rr_ExpensesOverAssets |
1.70%
|
|
| Fee waiver and/or expense reimbursement |
rr_FeeWaiverOrReimbursementOverAssets |
none
|
|
| Total annual Fund operating expenses after fee waiver and/or expense reimbursement |
rr_NetExpensesOverAssets |
1.70%
|
[2],[3] |
| 1 Year |
rr_ExpenseExampleYear01 |
$ 173
|
|
| 3 Years |
rr_ExpenseExampleYear03 |
536
|
|
| 5 Years |
rr_ExpenseExampleYear05 |
923
|
|
| 10 Years |
rr_ExpenseExampleYear10 |
2,009
|
|
| 1 Year |
rr_ExpenseExampleNoRedemptionYear01 |
173
|
|
| 3 Years |
rr_ExpenseExampleNoRedemptionYear03 |
536
|
|
| 5 Years |
rr_ExpenseExampleNoRedemptionYear05 |
923
|
|
| 10 Years |
rr_ExpenseExampleNoRedemptionYear10 |
$ 2,009
|
|
| 2014 |
rr_AnnualReturn2014 |
11.05%
|
[5] |
| 2015 |
rr_AnnualReturn2015 |
(34.35%)
|
[5] |
| 2016 |
rr_AnnualReturn2016 |
25.92%
|
[5] |
| 2017 |
rr_AnnualReturn2017 |
(4.35%)
|
[5] |
| 2018 |
rr_AnnualReturn2018 |
(14.16%)
|
[5] |
| Highest Quarterly Return, Label |
rr_HighestQuarterlyReturnLabel |
<b>Best Quarter:</b>
|
|
| Highest Quarterly Return, Date |
rr_BarChartHighestQuarterlyReturnDate |
Jun. 30, 2016
|
|
| Highest Quarterly Return |
rr_BarChartHighestQuarterlyReturn |
18.23%
|
|
| Lowest Quarterly Return, Label |
rr_LowestQuarterlyReturnLabel |
<b>Worst Quarter:</b>
|
|
| Lowest Quarterly Return, Date |
rr_BarChartLowestQuarterlyReturnDate |
Sep. 30, 2015
|
|
| Lowest Quarterly Return |
rr_BarChartLowestQuarterlyReturn |
(28.39%)
|
|
| One Year |
rr_AverageAnnualReturnYear01 |
(14.16%)
|
|
| Five Years |
rr_AverageAnnualReturnYear05 |
(5.50%)
|
|
| Ten Years |
rr_AverageAnnualReturnYear10 |
|
|
| Since Inception |
rr_AverageAnnualReturnSinceInception |
(4.72%)
|
|
| Inception Date |
rr_AverageAnnualReturnInceptionDate |
Dec. 18, 2013
|
|
| PGIM Jennison MLP Fund | Class R6 |
|
|
|
| Risk/Return: |
rr_RiskReturnAbstract |
|
|
| Maximum sales charge (load) imposed on purchases (as a percentage of offering price) |
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice |
none
|
[6] |
| Maximum deferred sales charge (load) (as a percentage of the lower of original purchase price or net asset value at redemption) |
rr_MaximumDeferredSalesChargeOverOther |
none
|
[6] |
| Maximum sales charge (load) imposed on reinvested dividends and other distributions |
rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther |
none
|
[6] |
| Redemption fees |
rr_RedemptionFeeOverRedemption |
none
|
[6] |
| Exchange fee |
rr_ExchangeFeeOverRedemption |
none
|
[6] |
| Maximum account fee (accounts under $10,000) |
rr_MaximumAccountFee |
none
|
[6] |
| Management fees |
rr_ManagementFeesOverAssets |
1.00%
|
[6] |
| Distribution and service (12b-1) fees |
rr_DistributionAndService12b1FeesOverAssets |
none
|
[6] |
| Deferred Income Tax Expenses/(Benefit) |
rr_Component1OtherExpensesOverAssets |
0.53%
|
[1],[6] |
| Current Income Tax Expenses |
rr_Component2OtherExpensesOverAssets |
none
|
[6] |
| Other expenses |
rr_OtherExpensesOverAssets |
0.33%
|
[6] |
| Total annual Fund operating expenses |
rr_ExpensesOverAssets |
1.86%
|
[6] |
| Fee waiver and/or expense reimbursement |
rr_FeeWaiverOrReimbursementOverAssets |
(0.16%)
|
[6] |
| Total annual Fund operating expenses after fee waiver and/or expense reimbursement |
rr_NetExpensesOverAssets |
1.70%
|
[2],[3],[6] |
| 1 Year |
rr_ExpenseExampleYear01 |
$ 173
|
[6] |
| 3 Years |
rr_ExpenseExampleYear03 |
569
|
[6] |
| 5 Years |
rr_ExpenseExampleYear05 |
991
|
[6] |
| 10 Years |
rr_ExpenseExampleYear10 |
2,167
|
[6] |
| 1 Year |
rr_ExpenseExampleNoRedemptionYear01 |
173
|
[6] |
| 3 Years |
rr_ExpenseExampleNoRedemptionYear03 |
569
|
[6] |
| 5 Years |
rr_ExpenseExampleNoRedemptionYear05 |
991
|
[6] |
| 10 Years |
rr_ExpenseExampleNoRedemptionYear10 |
$ 2,167
|
[6] |
| One Year |
rr_AverageAnnualReturnYear01 |
|
[6],[7] |
| Five Years |
rr_AverageAnnualReturnYear05 |
|
[6],[7] |
| Ten Years |
rr_AverageAnnualReturnYear10 |
|
[6],[7] |
| Since Inception |
rr_AverageAnnualReturnSinceInception |
|
[6],[7] |
| Inception Date |
rr_AverageAnnualReturnInceptionDate |
Jan. 26, 2018
|
[6],[7] |
| PGIM Jennison MLP Fund | Return After Taxes on Distributions | Class Z |
|
|
|
| Risk/Return: |
rr_RiskReturnAbstract |
|
|
| One Year |
rr_AverageAnnualReturnYear01 |
(14.16%)
|
|
| Five Years |
rr_AverageAnnualReturnYear05 |
(5.55%)
|
|
| Ten Years |
rr_AverageAnnualReturnYear10 |
|
|
| Since Inception |
rr_AverageAnnualReturnSinceInception |
(4.77%)
|
|
| Inception Date |
rr_AverageAnnualReturnInceptionDate |
Dec. 18, 2013
|
|
| PGIM Jennison MLP Fund | Return After Taxes on Distributions and Sale of Fund Shares | Class Z |
|
|
|
| Risk/Return: |
rr_RiskReturnAbstract |
|
|
| One Year |
rr_AverageAnnualReturnYear01 |
(8.38%)
|
|
| Five Years |
rr_AverageAnnualReturnYear05 |
(4.03%)
|
|
| Ten Years |
rr_AverageAnnualReturnYear10 |
|
|
| Since Inception |
rr_AverageAnnualReturnSinceInception |
(3.47%)
|
|
| Inception Date |
rr_AverageAnnualReturnInceptionDate |
Dec. 18, 2013
|
|
| PGIM Jennison MLP Fund | Alerian MLP Index (reflects no deduction for fees, expenses or taxes) |
|
|
|
| Risk/Return: |
rr_RiskReturnAbstract |
|
|
| One Year |
rr_AverageAnnualReturnYear01 |
(12.42%)
|
|
| Five Years |
rr_AverageAnnualReturnYear05 |
(7.31%)
|
|
| Ten Years |
rr_AverageAnnualReturnYear10 |
|
|
| Since Inception |
rr_AverageAnnualReturnSinceInception |
(7.31%)
|
[8] |
| PGIM Jennison MLP Fund | S&P 500 Index (reflects no deduction for fees, expenses or taxes) |
|
|
|
| Risk/Return: |
rr_RiskReturnAbstract |
|
|
| One Year |
rr_AverageAnnualReturnYear01 |
(4.38%)
|
|
| Five Years |
rr_AverageAnnualReturnYear05 |
8.49%
|
|
| Ten Years |
rr_AverageAnnualReturnYear10 |
|
|
| Since Inception |
rr_AverageAnnualReturnSinceInception |
8.49%
|
[8] |
| PGIM Jennison MLP Fund | Lipper Custom Energy MLP Funds Average (reflects no deduction for sales charges or taxes) |
|
|
|
| Risk/Return: |
rr_RiskReturnAbstract |
|
|
| One Year |
rr_AverageAnnualReturnYear01 |
(15.80%)
|
[9] |
| Five Years |
rr_AverageAnnualReturnYear05 |
(7.44%)
|
[9] |
| Ten Years |
rr_AverageAnnualReturnYear10 |
|
[9] |
| Since Inception |
rr_AverageAnnualReturnSinceInception |
(7.44%)
|
[8],[9] |
| PGIM Jennison MLP Fund | Lipper Energy MLP Funds Average (reflects no deduction for sales charges or taxes) |
|
|
|
| Risk/Return: |
rr_RiskReturnAbstract |
|
|
| One Year |
rr_AverageAnnualReturnYear01 |
(16.51%)
|
[9] |
| Five Years |
rr_AverageAnnualReturnYear05 |
(7.63%)
|
[9] |
| Ten Years |
rr_AverageAnnualReturnYear10 |
|
[9] |
| Since Inception |
rr_AverageAnnualReturnSinceInception |
(7.63%)
|
[8],[9] |
|
|
