NPORT-EX 2 PIPDLV0_PR4.30.24.htm
PGIM Quant Solutions Commodity Strategies Fund
Consolidated Schedule of Investments (unaudited) as of April 30, 2025
Description     Shares Value
Short-Term Investments 100.4%
Affiliated Mutual Fund 17.7%          
PGIM Core Government Money Market Fund (7-day effective yield 4.478%)
(cost $5,950,328)(bb)(wb) 		    5,950,328  $5,950,328
    
  Interest
Rate 		  Maturity
Date 		Principal
Amount
(000)# 		 
U.S. Treasury Obligations(n) 82.7%  
U.S. Treasury Bills 4.230 %   07/08/25   13,250 13,145,253
       
 
U.S. Treasury Bills 4.240   06/17/25(bb)(k)   4,000 3,977,973
       
 
U.S. Treasury Bills 4.281   06/17/25   10,750 10,690,803
       
 
Total U.S. Treasury Obligations
(cost $27,814,471) 		27,814,029
   
TOTAL INVESTMENTS 100.4%
(cost $33,764,799) 		33,764,357
Liabilities in excess of other assets(z) (0.4)% (122,673)
   
Net Assets 100.0% $33,641,684
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
  LME—London Metal Exchange
  PRI—Primary Rate Interface
  RBOB—Reformulated Gasoline Blendstock for Oxygen Blending
  ULSD—Ultra-Low Sulfur Diesel
  WTI—West Texas Intermediate
    
# Principal amount is shown in U.S. dollars unless otherwise stated.
(bb) Represents security, or a portion thereof, held in the Cayman Subsidiary.
(k) Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives.
(n) Rate shown is the effective yield at purchase date.
(wb) Represents an investment in a Fund affiliated with the Manager. 
(z) Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Consolidated Schedule of Investments:
Commodity Futures contracts outstanding at April 30, 2025(1):
Number
of
Contracts 		  Type   Expiration
Date 		  Current
Notional
Amount 		  Value/
Unrealized
Appreciation
(Depreciation)
Long Positions:
34   Brent Crude   Jul. 2025    $2,076,040    $(262,590)
5   Coffee ’C’   Jul. 2025   751,406   50,241
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PGIM Quant Solutions Commodity Strategies Fund
PGIM Quant Solutions Commodity Strategies Fund
Consolidated Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Commodity Futures contracts outstanding at April 30, 2025(1) (continued):
Number
of
Contracts 		  Type   Expiration
Date 		  Current
Notional
Amount 		  Value/
Unrealized
Appreciation
(Depreciation)
Long Positions (cont’d):
14   Copper   Jul. 2025    $1,613,150    $22,494
69   Corn   Jul. 2025   1,640,475   30,667
30   Cotton No. 2   Jul. 2025   990,300   27,764
11   Gasoline RBOB   Jul. 2025   920,627   (40,307)
18   Gold 100 OZ   Jun. 2025   5,974,380   630,383
21   Hard Red Winter Wheat   Jul. 2025   555,975   (54,268)
12   Lean Hogs   Jun. 2025   471,720   10,252
8   Live Cattle   Jun. 2025   666,880   46,958
8   LME Lead   May 2025   391,544   (11,225)
6   LME Lead   Jul. 2025   294,005   3,891
16   LME Nickel   May 2025   1,465,918   (53,411)
12   LME Nickel   Jul. 2025   1,108,706   16,211
34   LME PRI Aluminum   May 2025   2,029,111   (213,687)
21   LME PRI Aluminum   Jul. 2025   1,259,286   (17,431)
13   LME Zinc   May 2025   835,328   (110,622)
14   LME Zinc   Jul. 2025   905,289   (30,063)
13   Low Sulphur Gas Oil   Jul. 2025   771,550   (37,388)
87   Natural Gas   Jul. 2025   3,162,450   (608,833)
11   NY Harbor ULSD   Jul. 2025   917,070   (48,014)
9   Silver   Jul. 2025   1,477,260   46,573
44   Soft Red Winter Wheat   Jul. 2025   1,167,650   (32,842)
42   Soybean   Jul. 2025   2,193,450   28,895
38   Soybean Meal   Jul. 2025   1,132,400   8,621
43   Soybean Oil   Jul. 2025   1,263,426   53,568
23   Sugar No. 11   Jul. 2025   444,360   (37,659)
36   WTI Crude   Jul. 2025   2,074,320   (206,474)
                (788,296)
Short Positions:
8   LME Lead   May 2025   391,544   (2,128)
16   LME Nickel   May 2025   1,465,918   57,891
34   LME PRI Aluminum   May 2025   2,029,112   100,854
11   LME PRI Aluminum   Jul. 2025   659,626   (17,445)
13   LME Zinc   May 2025   835,328   41,417
4   LME Zinc   Jul. 2025   258,654   4,585
                185,174
                $(603,122)
(1) Represents positions held in the Cayman Subsidiary.
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PGIM Quant Solutions Commodity Strategies Fund
Consolidated Schedule of Investments (unaudited) (continued)
as of April 30, 2025
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 Quant Solutions Commodity Strategies Fund