NPORT-EX 2 PI76210_PR4.30.25.htm
PGIM Jennison Diversified Growth Fund
Schedule of Investments (unaudited) as of April 30, 2025
Description     Shares Value
Long-Term Investments 96.7%
Common Stocks 
Aerospace & Defense 1.9%
Axon Enterprise, Inc.*       1,355  $831,021
Boeing Co. (The)*       8,206 1,503,667
General Electric Co.       19,401 3,910,078
          6,244,766
Automobiles 1.9%
Tesla, Inc.*       22,607 6,378,791
Banks 0.3%
NU Holdings Ltd. (Brazil) (Class A Stock)*       67,215 835,482
Beverages 0.5%
Coca-Cola Co. (The)       11,366 824,603
PepsiCo, Inc.       6,099 826,903
          1,651,506
Biotechnology 1.7%
AbbVie, Inc.       9,592 1,871,399
Amgen, Inc.       5,236 1,523,257
Vertex Pharmaceuticals, Inc.*       4,816 2,453,752
          5,848,408
Broadline Retail 6.9%
Amazon.com, Inc.*       106,277 19,599,604
MercadoLibre, Inc. (Brazil)*       1,547 3,605,825
          23,205,429
Capital Markets 0.9%
Goldman Sachs Group, Inc. (The)       1,493 817,492
LPL Financial Holdings, Inc.       2,586 826,977
Moody’s Corp.       3,118 1,412,828
          3,057,297
Communications Equipment 0.6%
Arista Networks, Inc.*       25,814 2,123,718
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PGIM Jennison Diversified Growth Fund

PGIM Jennison Diversified Growth Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Consumer Finance 0.9%
American Express Co.       11,838  $3,153,762
Consumer Staples Distribution & Retail 3.2%
Costco Wholesale Corp.       7,788 7,745,166
Walmart, Inc.       31,961 3,108,207
          10,853,373
Electric Utilities 0.6%
Constellation Energy Corp.       3,629 810,864
NRG Energy, Inc.       11,495 1,259,622
          2,070,486
Entertainment 6.2%
Netflix, Inc.*       14,695 16,630,626
Spotify Technology SA*       5,036 3,092,003
Walt Disney Co. (The)       13,441 1,222,459
          20,945,088
Financial Services 5.1%
Apollo Global Management, Inc.       7,702 1,051,169
Mastercard, Inc. (Class A Stock)       11,420 6,258,845
Shift4 Payments, Inc. (Class A Stock)*       10,238 837,468
Visa, Inc. (Class A Stock)       26,329 9,096,670
          17,244,152
Ground Transportation 1.9%
Uber Technologies, Inc.*       63,845 5,172,084
Union Pacific Corp.       5,305 1,144,076
          6,316,160
Health Care Equipment & Supplies 0.3%
Edwards Lifesciences Corp.*       11,842 893,953
Health Care Providers & Services 1.0%
Cardinal Health, Inc.       18,493 2,612,876
UnitedHealth Group, Inc.       1,942 799,016
          3,411,892
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PGIM Jennison Diversified Growth Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Hotels, Restaurants & Leisure 2.0%
Airbnb, Inc. (Class A Stock)*       6,617  $806,744
Darden Restaurants, Inc.       8,978 1,801,346
Domino’s Pizza, Inc.       1,664 815,976
Hilton Worldwide Holdings, Inc.       3,682 830,217
McDonald’s Corp.       2,575 823,099
Starbucks Corp.       19,878 1,591,234
          6,668,616
Independent Power & Renewable Electricity Producers 0.3%
Vistra Corp.       6,295 816,021
Insurance 1.2%
Marsh & McLennan Cos., Inc.       5,177 1,167,258
Progressive Corp. (The)       9,950 2,803,313
          3,970,571
Interactive Media & Services 10.1%
Alphabet, Inc. (Class A Stock)       101,590 16,132,492
Meta Platforms, Inc. (Class A Stock)       31,152 17,102,448
Pinterest, Inc. (Class A Stock)*       31,180 789,478
          34,024,418
IT Services 1.5%
Gartner, Inc.*       6,830 2,875,976
Okta, Inc.*       7,787 873,390
Snowflake, Inc. (Class A Stock)*       7,357 1,173,368
          4,922,734
Machinery 0.8%
Caterpillar, Inc.       8,829 2,730,545
Oil, Gas & Consumable Fuels 0.2%
Cheniere Energy, Inc.       3,434 793,632
Pharmaceuticals 4.6%
AstraZeneca PLC (United Kingdom), ADR       33,211 2,384,218
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PGIM Jennison Diversified Growth Fund

PGIM Jennison Diversified Growth Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Pharmaceuticals (cont’d.)
Eli Lilly & Co.       11,562  $10,393,660
Novo Nordisk A/S (Denmark), ADR       43,047 2,860,473
          15,638,351
Professional Services 0.2%
Paycom Software, Inc.       3,602 815,457
Semiconductors & Semiconductor Equipment 15.0%
Applied Materials, Inc.       17,827 2,686,707
Broadcom, Inc.       72,193 13,894,987
Lam Research Corp.       50,310 3,605,718
Monolithic Power Systems, Inc.       1,445 857,029
NVIDIA Corp.       240,037 26,144,830
Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan), ADR       16,184 2,697,711
Texas Instruments, Inc.       5,023 803,931
          50,690,913
Software 17.7%
Adobe, Inc.*       13,512 5,066,730
Appfolio, Inc. (Class A Stock)*       4,049 836,199
AppLovin Corp. (Class A Stock)*       6,035 1,625,286
Cadence Design Systems, Inc.*       19,441 5,788,363
Crowdstrike Holdings, Inc. (Class A Stock)*       9,609 4,121,012
DocuSign, Inc.*       32,348 2,644,449
Fair Isaac Corp.*       420 835,665
Intuit, Inc.       5,949 3,732,819
Microsoft Corp.       55,487 21,931,792
Oracle Corp.       16,462 2,316,533
Salesforce, Inc.       23,335 6,270,348
ServiceNow, Inc.*       4,858 4,639,438
          59,808,634
Specialized REITs 0.6%
American Tower Corp.       8,524 1,921,395
Specialty Retail 2.8%
Home Depot, Inc. (The)       6,985 2,518,023
Industria de Diseno Textil SA (Spain)       23,899 1,285,168
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PGIM Jennison Diversified Growth Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Specialty Retail (cont’d.)
O’Reilly Automotive, Inc.*       1,056  $1,494,451
TJX Cos., Inc. (The)       33,072 4,255,705
          9,553,347
Technology Hardware, Storage & Peripherals 5.1%
Apple, Inc.       80,847 17,179,987
Textiles, Apparel & Luxury Goods 0.7%
adidas AG (Germany)       10,845 2,495,344
     
 
 
Total Long-Term Investments
(cost $182,475,573)
326,264,228
 
Short-Term Investment 4.4%
Affiliated Mutual Fund 
PGIM Core Government Money Market Fund (7-day effective yield 4.478%)
(cost $14,897,380)(wb)
    14,897,380 14,897,380
 
TOTAL INVESTMENTS101.1%
(cost $197,372,953)
        341,161,608
Liabilities in excess of other assets (1.1)% (3,825,538)
 
Net Assets 100.0% $337,336,070

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
    
* Non-income producing security.
(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 Diversified Growth Fund