NPORT-EX 2 PIPDLI0_PR4.30.25.htm
PGIM Jennison Rising Dividend Fund
Schedule of Investments (unaudited) as of April 30, 2025
Description     Shares Value
Long-Term Investments 97.6%
Common Stocks 
Aerospace & Defense 3.9%
General Electric Co.       8,124  $1,637,311
Northrop Grumman Corp.       1,780 865,970
          2,503,281
Banks 6.9%
Bank of America Corp.       17,411 694,351
Citigroup, Inc.       11,388 778,711
JPMorgan Chase & Co.       8,874 2,170,758
PNC Financial Services Group, Inc. (The)       5,011 805,218
          4,449,038
Beverages 1.0%
Coca-Cola Co. (The)       4,837 350,924
PepsiCo, Inc.       2,324 315,088
          666,012
Biotechnology 4.7%
AbbVie, Inc.       11,092 2,164,049
Amgen, Inc.       3,007 874,797
          3,038,846
Building Products 2.0%
Johnson Controls International PLC       15,778 1,323,774
Capital Markets 3.8%
Goldman Sachs Group, Inc. (The)       2,426 1,328,356
Moody’s Corp.       2,576 1,167,237
          2,495,593
Chemicals 0.8%
Air Products & Chemicals, Inc.       1,993 540,282
Commercial Services & Supplies 2.0%
Republic Services, Inc.       5,186 1,300,390
Communications Equipment 1.9%
Cisco Systems, Inc.       21,645 1,249,566
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PGIM Jennison Rising Dividend Fund
PGIM Jennison Rising Dividend Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Consumer Staples Distribution & Retail 3.0%
Walmart, Inc.       19,841  $1,929,537
Diversified Consumer Services 0.5%
Service Corp. International       4,198 335,420
Diversified Telecommunication Services 5.5%
AT&T, Inc.       81,900 2,268,630
Verizon Communications, Inc.       29,261 1,289,240
          3,557,870
Electric Utilities 4.4%
Constellation Energy Corp.       2,627 586,977
Entergy Corp.       11,728 975,418
NextEra Energy, Inc.       19,455 1,301,150
          2,863,545
Electrical Equipment 1.4%
GE Vernova, Inc.       2,382 883,293
Financial Services 2.5%
Mastercard, Inc. (Class A Stock)       2,910 1,594,855
Food Products 0.5%
Hershey Co. (The)       2,047 342,238
Ground Transportation 0.7%
Union Pacific Corp.       1,983 427,654
Health Care Equipment & Supplies 1.2%
Abbott Laboratories       5,787 756,650
Health Care Providers & Services 0.4%
UnitedHealth Group, Inc.       660 271,550
Hotels, Restaurants & Leisure 3.2%
McDonald’s Corp.       3,342 1,068,271
Starbucks Corp.       12,685 1,015,434
          2,083,705
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PGIM Jennison Rising Dividend Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Independent Power & Renewable Electricity Producers 0.6%
Vistra Corp.       3,059  $396,538
Industrial Conglomerates 2.8%
3M Co.       12,945 1,798,190
Insurance 3.2%
Chubb Ltd.       2,994 856,524
Marsh & McLennan Cos., Inc.       5,550 1,251,358
          2,107,882
Interactive Media & Services 3.4%
Alphabet, Inc. (Class A Stock)       4,238 672,994
Meta Platforms, Inc. (Class A Stock)       2,779 1,525,671
          2,198,665
IT Services 3.6%
International Business Machines Corp.       9,541 2,307,205
Leisure Products 1.3%
Hasbro, Inc.       13,999 866,538
Machinery 2.3%
Caterpillar, Inc.       1,707 527,924
Parker-Hannifin Corp.       1,568 948,734
          1,476,658
Multi-Utilities 3.9%
CenterPoint Energy, Inc.       26,812 1,039,770
NiSource, Inc.       38,729 1,514,691
          2,554,461
Oil, Gas & Consumable Fuels 8.5%
Cheniere Energy, Inc.       8,729 2,017,359
EQT Corp.       23,125 1,143,300
Shell PLC, ADR       9,224 594,764
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PGIM Jennison Rising Dividend Fund
PGIM Jennison Rising Dividend Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Oil, Gas & Consumable Fuels (cont’d.)
TotalEnergies SE (France), ADR       12,593  $715,912
Williams Cos., Inc. (The)       18,018 1,055,314
          5,526,649
Personal Care Products 1.5%
Unilever PLC (United Kingdom), ADR       14,904 947,149
Pharmaceuticals 5.4%
AstraZeneca PLC (United Kingdom), ADR       21,454 1,540,183
Bristol-Myers Squibb Co.       29,807 1,496,311
Eli Lilly & Co.       497 446,778
          3,483,272
Residential REITs 1.6%
AvalonBay Communities, Inc.       2,556 536,709
Mid-America Apartment Communities, Inc.       3,327 531,155
          1,067,864
Semiconductors & Semiconductor Equipment 1.8%
ASML Holding NV (Netherlands)       998 666,744
Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan), ADR       2,817 469,566
          1,136,310
Software 2.3%
Intuit, Inc.       845 530,212
Microsoft Corp.       2,435 962,458
          1,492,670
Specialty Retail 2.6%
Home Depot, Inc. (The)       1,423 512,977
Ross Stores, Inc.       1,819 252,841
TJX Cos., Inc. (The)       6,999 900,632
          1,666,450
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PGIM Jennison Rising Dividend Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Technology Hardware, Storage & Peripherals 2.5%
Apple, Inc.       7,542  $1,602,675
     
 
 
Total Long-Term Investments
(cost $48,186,868) 		63,242,275
 
Short-Term Investment 1.9%
Affiliated Mutual Fund 
PGIM Core Government Money Market Fund (7-day effective yield 4.478%)
(cost $1,256,737)(wb) 		    1,256,737 1,256,737
 
TOTAL INVESTMENTS 99.5%
(cost $49,443,605) 		        64,499,012
Other assets in excess of liabilities 0.5% 338,716
 
Net Assets 100.0% $64,837,728
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
  ADR—American Depositary Receipt
  REITs—Real Estate Investment Trust
    
(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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PGIM Jennison Rising Dividend Fund