NPORT-EX 2 PIPDAB0PRU073124.htm
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited)
as of July 31, 2024
Description     Shares Value
Short-Term Investment 73.7%
Affiliated Mutual Fund           
PGIM Core Government Money Market Fund (7-day effective yield 5.561%)
(cost $27,721,973)(wb) 		    27,721,973  $27,721,973
 
TOTAL INVESTMENTS 73.7%
(cost $27,721,973) 		27,721,973
Other assets in excess of liabilities(z) 26.3% 9,914,834
 
Net Assets 100.0% $37,636,807
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
  AUD—Australian Dollar
  BRL—Brazilian Real
  CAD—Canadian Dollar
  CHF—Swiss Franc
  CLP—Chilean Peso
  CNH—Chinese Renminbi
  COP—Colombian Peso
  CZK—Czech Koruna
  EUR—Euro
  GBP—British Pound
  HUF—Hungarian Forint
  IDR—Indonesian Rupiah
  ILS—Israeli Shekel
  INR—Indian Rupee
  JPY—Japanese Yen
  KRW—South Korean Won
  MXN—Mexican Peso
  NOK—Norwegian Krone
  NZD—New Zealand Dollar
  PHP—Philippine Peso
  PLN—Polish Zloty
  SEK—Swedish Krona
  SGD—Singapore Dollar
  THB—Thai Baht
  TWD—New Taiwanese Dollar
  ZAR—South African Rand
    
  ASX—Australian Securities Exchange
  BTP—Buoni del Tesoro Poliennali
  CAC40—French Stock Market Index
  CBOE—Chicago Board Options Exchange
  DAX—German Stock Index
  FTSE—Financial Times Stock Exchange
  MSC—Morgan Stanley & Co. LLC
  NASDAQ—National Association of Securities Dealers Automated Quotations
  OAT—Obligations Assimilables du Tresor
1
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
  OTC—Over-the-counter
  S&P—Standard & Poor’s
  SGX—Singapore Exchange
  SONIA—Sterling Overnight Index Average
  SPI—Share Price Index
  STOXX—Stock Index of the Eurozone
  TOPIX—Tokyo Stock Price Index
  TSX—Toronto Stock Exchange
    
(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 Schedule of Investments:
Futures contracts outstanding at July 31, 2024:
Number
of
Contracts 		  Type   Expiration
Date 		  Current
Notional
Amount 		  Value /
Unrealized
Appreciation
(Depreciation)
Long Positions:
1   90 Day ASX Bank Bill   Sep. 2025    $647,911    $(17)
65   3 Month SONIA Index   Dec. 2025   20,081,737   28,118
161   2 Year U.S. Treasury Notes   Sep. 2024   33,064,117   32,828
95   5 Year U.S. Treasury Notes   Sep. 2024   10,249,610   35,925
29   10 Year Australian Treasury Bonds   Sep. 2024   2,186,266   20,692
29   10 Year Canadian Government Bonds   Sep. 2024   2,582,306   30,879
36   10 Year Euro-Bund   Sep. 2024   5,210,255   38,063
7   10 Year Japanese Government Bonds   Sep. 2024   6,668,936   (27,588)
10   10 Year U.S. Treasury Notes   Sep. 2024   1,118,125   2,534
9   20 Year U.S. Treasury Bonds   Sep. 2024   1,087,031   6,426
12   30 Year Euro Buxl   Sep. 2024   1,749,868   25,404
33   ASX SPI 200 Index   Sep. 2024   4,348,980   74,394
8   CAC40 10 Euro   Aug. 2024   653,333   (1,474)
1   CBOE Volatility Index   Aug. 2024   16,000   597
2   DAX Index   Sep. 2024   1,006,817   8,682
428   Euro Schatz Index   Sep. 2024   49,134,258   163,874
20   Euro STOXX 50 Index   Sep. 2024   1,060,172   (4,748)
4   Euro-BTP Italian Government Bond   Sep. 2024   514,978   7,541
26   Euro-OAT   Sep. 2024   3,541,793   21,065
12   FTSE 100 Index   Sep. 2024   1,289,278   20,173
7   NASDAQ 100 E-Mini Index   Sep. 2024   2,730,735   (55,958)
11   Nikkei 225 (SGX)   Sep. 2024   1,439,755   (354)
20   Russell 2000 E-Mini Index   Sep. 2024   2,273,000   44,669
21   S&P 500 E-Mini Index   Sep. 2024   5,835,900   (49,863)
19   S&P/TSX 60 Index   Sep. 2024   3,812,798   85,305
9   TOPIX Index   Sep. 2024   1,680,385   (18,247)
                488,920
2
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Futures contracts outstanding at July 31, 2024 (continued):
Number
of
Contracts 		  Type   Expiration
Date 		  Current
Notional
Amount 		  Value /
Unrealized
Appreciation
(Depreciation)
Short Positions:
34   3 Year Australian Treasury Bonds   Sep. 2024    $2,366,083    $(14,917)
47   5 Year Euro-Bobl   Sep. 2024   5,977,234   (44,617)
4   10 Year U.K. Gilt   Sep. 2024   510,209   (5,004)
7   30 Year U.S. Ultra Treasury Bonds   Sep. 2024   895,781   (9,010)
1   Hang Seng Index   Aug. 2024   111,029   (2,223)
                (75,771)
                $413,149
Forward foreign currency exchange contracts outstanding at July 31, 2024:
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts:
Australian Dollar,
Expiring 08/21/24   MSC   AUD 1,250    $843,601    $817,901    $—    $(25,700)
Expiring 08/21/24   MSC   AUD 240   162,708   157,038   —   (5,670)
Expiring 08/21/24   MSC   AUD 200   133,930   130,864   —   (3,066)
Expiring 08/21/24   MSC   AUD 180   121,479   117,778   —   (3,701)
Expiring 08/21/24   MSC   AUD 170   112,488   111,235   —   (1,253)
Expiring 08/21/24   MSC   AUD 70   45,776   45,803   27   —
Expiring 08/21/24   MSC   AUD 60   39,724   39,259   —   (465)
Expiring 08/21/24   MSC   AUD 50   33,483   32,717   —   (766)
Expiring 08/21/24   MSC   AUD 40   27,146   26,173   —   (973)
Expiring 08/21/24   MSC   AUD 20   13,393   13,086   —   (307)
Expiring 08/21/24   MSC   AUD 10   6,762   6,544   —   (218)
Expiring 08/21/24   MSC   AUD 10   6,786   6,543   —   (243)
Expiring 08/21/24   MSC   AUD 10   6,594   6,543   —   (51)
Expiring 08/21/24   MSC   AUD 10   6,717   6,543   —   (174)
Brazilian Real,
Expiring 08/02/24   MSC   BRL 1,081   200,000   191,126   —   (8,874)
Expiring 08/02/24   MSC   BRL 222   40,000   39,191   —   (809)
Expiring 08/02/24   MSC   BRL 216   40,000   38,221   —   (1,779)
Expiring 08/02/24   MSC   BRL 112   20,000   19,759   —   (241)
Expiring 08/02/24   MSC   BRL 111   20,000   19,605   —   (395)
Expiring 08/02/24   MSC   BRL 110   20,000   19,520   —   (480)
Expiring 08/02/24   MSC   BRL 110   20,000   19,413   —   (587)
Expiring 08/02/24   MSC   BRL 110   20,000   19,459   —   (541)
Expiring 08/02/24   MSC   BRL 110   20,000   19,459   —   (541)
3
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Brazilian Real (cont’d.),
Expiring 08/02/24   MSC   BRL 109    $20,000    $19,189    $—    $(811)
Expiring 08/02/24   MSC   BRL 57   10,000   10,049   49   —
Expiring 08/02/24   MSC   BRL 57   10,091   10,128   37   —
Expiring 08/02/24   MSC   BRL 55   10,000   9,789   —   (211)
Expiring 09/04/24   MSC   BRL 1,357   240,000   239,131   —   (869)
Expiring 09/04/24   MSC   BRL 113   20,000   19,939   —   (61)
Expiring 09/04/24   MSC   BRL 113   20,000   19,932   —   (68)
Expiring 09/04/24   MSC   BRL 113   20,000   19,963   —   (37)
British Pound,
Expiring 08/21/24   MSC   GBP 1,030   1,319,659   1,324,394   4,735   —
Expiring 08/21/24   MSC   GBP 380   491,101   488,611   —   (2,490)
Expiring 08/21/24   MSC   GBP 280   358,742   360,029   1,287   —
Expiring 08/21/24   MSC   GBP 260   333,118   334,313   1,195   —
Expiring 08/21/24   MSC   GBP 230   297,094   295,739   —   (1,355)
Expiring 08/21/24   MSC   GBP 160   205,451   205,731   280   —
Expiring 08/21/24   MSC   GBP 150   192,183   192,873   690   —
Expiring 08/21/24   MSC   GBP 130   166,895   167,157   262   —
Expiring 08/21/24   MSC   GBP 130   168,391   167,156   —   (1,235)
Expiring 08/21/24   MSC   GBP 120   155,122   154,299   —   (823)
Expiring 08/21/24   MSC   GBP 120   155,508   154,299   —   (1,209)
Expiring 08/21/24   MSC   GBP 110   142,893   141,441   —   (1,452)
Expiring 08/21/24   MSC   GBP 100   128,122   128,582   460   —
Expiring 08/21/24   MSC   GBP 80   103,414   102,865   —   (549)
Expiring 08/21/24   MSC   GBP 60   77,943   77,149   —   (794)
Expiring 08/21/24   MSC   GBP 50   64,875   64,291   —   (584)
Expiring 08/21/24   MSC   GBP 50   64,634   64,291   —   (343)
Expiring 08/21/24   MSC   GBP 40   51,455   51,433   —   (22)
Expiring 08/21/24   MSC   GBP 40   51,900   51,432   —   (468)
Expiring 08/21/24   MSC   GBP 30   38,560   38,575   15   —
Expiring 08/21/24   MSC   GBP 30   38,971   38,575   —   (396)
Expiring 08/21/24   MSC   GBP 30   38,707   38,575   —   (132)
Expiring 08/21/24   MSC   GBP 20   25,688   25,716   28   —
Expiring 08/21/24   MSC   GBP 20   25,906   25,716   —   (190)
Expiring 08/21/24   MSC   GBP 20   25,950   25,716   —   (234)
Expiring 08/21/24   MSC   GBP 20   25,834   25,716   —   (118)
Expiring 08/21/24   MSC   GBP 20   25,950   25,716   —   (234)
Expiring 08/21/24   MSC   GBP 10   12,975   12,858   —   (117)
Expiring 08/21/24   MSC   GBP 10   12,921   12,858   —   (63)
Expiring 08/21/24   MSC   GBP 10   12,847   12,858   11   —
4
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
British Pound (cont’d.),
Expiring 08/21/24   MSC   GBP 10    $12,920    $12,858    $—    $(62)
Expiring 08/21/24   MSC   GBP 10   12,812   12,858   46   —
Canadian Dollar,
Expiring 08/21/24   MSC   CAD 423   310,101   306,910   —   (3,191)
Expiring 08/21/24   MSC   CAD 234   170,099   169,414   —   (685)
Expiring 08/21/24   MSC   CAD 166   120,029   120,027   —   (2)
Expiring 08/21/24   MSC   CAD 166   120,051   120,306   255   —
Expiring 08/21/24   MSC   CAD 165   120,077   119,737   —   (340)
Expiring 08/21/24   MSC   CAD 164   120,212   118,567   —   (1,645)
Expiring 08/21/24   MSC   CAD 137   100,072   99,233   —   (839)
Expiring 08/21/24   MSC   CAD 96   70,052   69,631   —   (421)
Expiring 08/21/24   MSC   CAD 82   59,997   59,770   —   (227)
Expiring 08/21/24   MSC   CAD 68   50,049   49,586   —   (463)
Expiring 08/21/24   MSC   CAD 55   40,029   39,924   —   (105)
Expiring 08/21/24   MSC   CAD 55   40,024   40,038   14   —
Expiring 08/21/24   MSC   CAD 41   30,009   29,700   —   (309)
Expiring 08/21/24   MSC   CAD 28   20,005   20,005   —   —
Expiring 08/21/24   MSC   CAD 27   20,039   19,765   —   (274)
Expiring 08/21/24   MSC   CAD 14   10,006   9,978   —   (28)
Chilean Peso,
Expiring 08/21/24   MSC   CLP 36,359   40,000   38,597   —   (1,403)
Chinese Renminbi,
Expiring 08/21/24   MSC   CNH 1,448   200,501   200,810   309   —
Expiring 08/21/24   MSC   CNH 436   60,156   60,445   289   —
Expiring 08/21/24   MSC   CNH 433   60,082   60,096   14   —
Expiring 08/21/24   MSC   CNH 146   20,029   20,211   182   —
Expiring 08/21/24   MSC   CNH 145   20,035   20,132   97   —
Colombian Peso,
Expiring 08/22/24   MSC   COP 79,901   20,000   19,665   —   (335)
Czech Koruna,
Expiring 08/21/24   MSC   CZK 508   21,725   21,634   —   (91)
Expiring 08/21/24   MSC   CZK 508   21,643   21,639   —   (4)
Expiring 08/21/24   MSC   CZK 508   21,725   21,634   —   (91)
Expiring 08/21/24   MSC   CZK 507   21,785   21,602   —   (183)
Expiring 08/21/24   MSC   CZK 506   21,919   21,563   —   (356)
Euro,
Expiring 08/21/24   MSC   EUR 330   360,608   357,500   —   (3,108)
Expiring 08/21/24   MSC   EUR 290   316,805   314,167   —   (2,638)
Expiring 08/21/24   MSC   EUR 250   272,571   270,833   —   (1,738)
5
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Euro (cont’d.),
Expiring 08/21/24   MSC   EUR 250    $271,804    $270,833    $—    $(971)
Expiring 08/21/24   MSC   EUR 190   207,539   205,834   —   (1,705)
Expiring 08/21/24   MSC   EUR 150   162,451   162,500   49   —
Expiring 08/21/24   MSC   EUR 90   98,319   97,500   —   (819)
Expiring 08/21/24   MSC   EUR 80   86,668   86,667   —   (1)
Expiring 08/21/24   MSC   EUR 80   87,155   86,667   —   (488)
Expiring 08/21/24   MSC   EUR 70   76,065   75,833   —   (232)
Expiring 08/21/24   MSC   EUR 70   76,645   75,833   —   (812)
Expiring 08/21/24   MSC   EUR 60   65,366   65,000   —   (366)
Expiring 08/21/24   MSC   EUR 50   54,336   54,167   —   (169)
Expiring 08/21/24   MSC   EUR 40   43,588   43,333   —   (255)
Expiring 08/21/24   MSC   EUR 30   32,766   32,500   —   (266)
Expiring 08/21/24   MSC   EUR 30   32,783   32,500   —   (283)
Expiring 08/21/24   MSC   EUR 20   21,744   21,666   —   (78)
Expiring 08/21/24   MSC   EUR 20   21,899   21,667   —   (232)
Expiring 08/21/24   MSC   EUR 20   21,849   21,667   —   (182)
Expiring 08/21/24   MSC   EUR 20   21,687   21,667   —   (20)
Expiring 08/21/24   MSC   EUR 20   21,817   21,666   —   (151)
Expiring 08/21/24   MSC   EUR 20   21,744   21,666   —   (78)
Expiring 08/21/24   MSC   EUR 20   21,849   21,667   —   (182)
Expiring 08/21/24   MSC   EUR 20   21,744   21,666   —   (78)
Expiring 08/21/24   MSC   EUR 20   21,744   21,666   —   (78)
Expiring 08/21/24   MSC   EUR 10   10,919   10,833   —   (86)
Expiring 08/21/24   MSC   EUR 10   10,928   10,834   —   (94)
Hungarian Forint,
Expiring 08/21/24   MSC   HUF 15,744   43,412   43,212   —   (200)
Expiring 08/21/24   MSC   HUF 15,606   43,554   42,832   —   (722)
Expiring 08/21/24   MSC   HUF 7,870   21,589   21,600   11   —
Expiring 08/21/24   MSC   HUF 3,935   10,851   10,801   —   (50)
Indian Rupee,
Expiring 08/21/24   MSC   INR 46,826   560,000   558,932   —   (1,068)
Expiring 08/21/24   MSC   INR 11,706   140,000   139,733   —   (267)
Expiring 08/21/24   MSC   INR 5,853   70,000   69,866   —   (134)
Expiring 08/21/24   MSC   INR 5,021   60,000   59,938   —   (62)
Expiring 08/21/24   MSC   INR 3,351   40,000   39,994   —   (6)
Expiring 08/21/24   MSC   INR 3,350   40,000   39,990   —   (10)
Expiring 08/21/24   MSC   INR 1,676   20,000   20,000   —   —
Expiring 08/21/24   MSC   INR 1,676   20,000   20,001   1   —
Expiring 08/21/24   MSC   INR 1,676   20,000   20,001   1   —
6
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Indian Rupee (cont’d.),
Expiring 08/21/24   MSC   INR 1,676    $20,000    $20,002    $2    $—
Expiring 08/21/24   MSC   INR 1,675   20,000   19,997   —   (3)
Expiring 08/21/24   MSC   INR 1,675   20,000   19,989   —   (11)
Expiring 08/21/24   MSC   INR 1,675   20,000   19,998   —   (2)
Expiring 08/21/24   MSC   INR 1,675   20,000   19,998   —   (2)
Expiring 08/21/24   MSC   INR 1,673   20,000   19,975   —   (25)
Expiring 08/21/24   MSC   INR 1,673   20,000   19,964   —   (36)
Expiring 08/21/24   MSC   INR 1,673   20,000   19,972   —   (28)
Expiring 08/21/24   MSC   INR 1,673   20,000   19,975   —   (25)
Expiring 08/21/24   MSC   INR 1,672   20,000   19,962   —   (38)
Expiring 08/21/24   MSC   INR 1,672   20,000   19,956   —   (44)
Indonesian Rupiah,
Expiring 08/21/24   MSC   IDR 326,864   20,000   20,110   110   —
Expiring 08/21/24   MSC   IDR 324,783   20,000   19,982   —   (18)
Expiring 08/21/24   MSC   IDR 324,242   20,000   19,949   —   (51)
Expiring 08/21/24   MSC   IDR 323,308   20,000   19,892   —   (108)
Israeli Shekel,
Expiring 08/21/24   MSC   ILS 146   39,976   38,622   —   (1,354)
Expiring 08/21/24   MSC   ILS 73   20,005   19,299   —   (706)
Japanese Yen,
Expiring 08/21/24   MSC   JPY 34,934   221,113   233,941   12,828   —
Expiring 08/21/24   MSC   JPY 24,655   160,511   165,110   4,599   —
Expiring 08/21/24   MSC   JPY 15,396   100,355   103,100   2,745   —
Expiring 08/21/24   MSC   JPY 14,268   90,459   95,548   5,089   —
Expiring 08/21/24   MSC   JPY 14,147   90,402   94,740   4,338   —
Expiring 08/21/24   MSC   JPY 13,854   90,244   92,775   2,531   —
Expiring 08/21/24   MSC   JPY 12,682   80,403   84,926   4,523   —
Expiring 08/21/24   MSC   JPY 10,963   70,358   73,419   3,061   —
Expiring 08/21/24   MSC   JPY 9,474   60,321   63,446   3,125   —
Expiring 08/21/24   MSC   JPY 7,897   50,262   52,882   2,620   —
Expiring 08/21/24   MSC   JPY 7,689   50,136   51,494   1,358   —
Expiring 08/21/24   MSC   JPY 6,357   40,500   42,568   2,068   —
Expiring 08/21/24   MSC   JPY 6,337   40,200   42,439   2,239   —
Expiring 08/21/24   MSC   JPY 6,318   40,200   42,310   2,110   —
Expiring 08/21/24   MSC   JPY 6,314   40,201   42,284   2,083   —
Expiring 08/21/24   MSC   JPY 6,254   40,200   41,882   1,682   —
Expiring 08/21/24   MSC   JPY 6,152   40,143   41,199   1,056   —
Expiring 08/21/24   MSC   JPY 4,734   30,162   31,702   1,540   —
Expiring 08/21/24   MSC   JPY 4,734   30,162   31,702   1,540   —
7
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Japanese Yen (cont’d.),
Expiring 08/21/24   MSC   JPY 4,702    $30,134    $31,488    $1,354    $—
Expiring 08/21/24   MSC   JPY 4,699   30,153   31,465   1,312   —
Expiring 08/21/24   MSC   JPY 4,609   30,075   30,866   791   —
Expiring 08/21/24   MSC   JPY 4,505   30,039   30,172   133   —
Expiring 08/21/24   MSC   JPY 3,231   20,097   21,634   1,537   —
Expiring 08/21/24   MSC   JPY 3,171   20,090   21,238   1,148   —
Expiring 08/21/24   MSC   JPY 3,171   20,203   21,234   1,031   —
Expiring 08/21/24   MSC   JPY 3,159   20,110   21,152   1,042   —
Expiring 08/21/24   MSC   JPY 3,132   20,102   20,977   875   —
Expiring 08/21/24   MSC   JPY 3,079   20,061   20,619   558   —
Expiring 08/21/24   MSC   JPY 3,024   20,163   20,252   89   —
Expiring 08/21/24   MSC   JPY 3,002   20,018   20,107   89   —
Expiring 08/21/24   MSC   JPY 2,998   20,075   20,079   4   —
Expiring 08/21/24   MSC   JPY 1,617   10,251   10,828   577   —
Expiring 08/21/24   MSC   JPY 1,616   10,054   10,823   769   —
Expiring 08/21/24   MSC   JPY 1,616   10,247   10,823   576   —
Expiring 08/21/24   MSC   JPY 1,588   10,051   10,634   583   —
Expiring 08/21/24   MSC   JPY 1,586   10,052   10,618   566   —
Expiring 08/21/24   MSC   JPY 1,580   10,060   10,581   521   —
Expiring 08/21/24   MSC   JPY 1,579   10,050   10,577   527   —
Expiring 08/21/24   MSC   JPY 1,578   10,050   10,571   521   —
Expiring 08/21/24   MSC   JPY 1,567   10,044   10,495   451   —
Expiring 08/21/24   MSC   JPY 1,566   10,051   10,488   437   —
Expiring 08/21/24   MSC   JPY 1,566   10,051   10,488   437   —
Expiring 08/21/24   MSC   JPY 1,564   10,050   10,471   421   —
Expiring 08/21/24   MSC   JPY 1,540   10,029   10,310   281   —
Expiring 08/21/24   MSC   JPY 1,538   10,034   10,298   264   —
Expiring 08/21/24   MSC   JPY 1,538   10,036   10,300   264   —
Expiring 08/21/24   MSC   JPY 1,536   10,020   10,284   264   —
Expiring 08/21/24   MSC   JPY 1,501   10,009   10,053   44   —
Mexican Peso,
Expiring 08/21/24   MSC   MXN 1,971   110,000   105,418   —   (4,582)
Expiring 08/21/24   MSC   MXN 375   19,924   20,075   151   —
Expiring 08/21/24   MSC   MXN 357   19,862   19,087   —   (775)
New Taiwanese Dollar,
Expiring 08/21/24   MSC   TWD 13,361   410,000   409,673   —   (327)
Expiring 08/21/24   MSC   TWD 3,927   120,000   120,424   424   —
Expiring 08/21/24   MSC   TWD 2,621   80,000   80,358   358   —
Expiring 08/21/24   MSC   TWD 1,974   60,000   60,512   512   —
8
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
New Taiwanese Dollar (cont’d.),
Expiring 08/21/24   MSC   TWD 1,953    $60,000    $59,871    $—    $(129)
Expiring 08/21/24   MSC   TWD 1,953   60,000   59,874   —   (126)
Expiring 08/21/24   MSC   TWD 1,310   40,000   40,179   179   —
Expiring 08/21/24   MSC   TWD 1,303   40,000   39,941   —   (59)
Expiring 08/21/24   MSC   TWD 1,302   40,000   39,922   —   (78)
Expiring 08/21/24   MSC   TWD 656   20,000   20,107   107   —
Expiring 08/21/24   MSC   TWD 655   20,000   20,090   90   —
Expiring 08/21/24   MSC   TWD 655   20,000   20,073   73   —
Expiring 08/21/24   MSC   TWD 655   20,000   20,077   77   —
Expiring 08/21/24   MSC   TWD 651   20,000   19,970   —   (30)
Expiring 08/21/24   MSC   TWD 649   20,000   19,904   —   (96)
New Zealand Dollar,
Expiring 08/05/24   MSC   NZD 70   41,678   41,660   —   (18)
Expiring 08/21/24   MSC   NZD 210   128,527   124,986   —   (3,541)
Expiring 08/21/24   MSC   NZD 200   117,298   119,034   1,736   —
Expiring 08/21/24   MSC   NZD 200   118,750   119,035   285   —
Expiring 08/21/24   MSC   NZD 130   77,281   77,372   91   —
Expiring 08/21/24   MSC   NZD 110   65,313   65,469   156   —
Expiring 08/21/24   MSC   NZD 100   59,510   59,517   7   —
Expiring 08/21/24   MSC   NZD 90   55,070   53,565   —   (1,505)
Expiring 08/21/24   MSC   NZD 90   53,800   53,565   —   (235)
Expiring 08/21/24   MSC   NZD 80   48,559   47,614   —   (945)
Expiring 08/21/24   MSC   NZD 70   41,125   41,662   537   —
Expiring 08/21/24   MSC   NZD 50   29,453   29,759   306   —
Expiring 08/21/24   MSC   NZD 50   29,490   29,758   268   —
Expiring 08/21/24   MSC   NZD 40   23,823   23,807   —   (16)
Expiring 08/21/24   MSC   NZD 30   18,123   17,855   —   (268)
Expiring 08/21/24   MSC   NZD 20   11,781   11,903   122   —
Expiring 08/21/24   MSC   NZD 20   11,787   11,903   116   —
Norwegian Krone,
Expiring 08/21/24   MSC   NOK 948   87,117   86,928   —   (189)
Expiring 08/21/24   MSC   NOK 824   76,368   75,579   —   (789)
Expiring 08/21/24   MSC   NOK 597   54,221   54,780   559   —
Expiring 08/21/24   MSC   NOK 478   43,421   43,865   444   —
Expiring 08/21/24   MSC   NOK 359   32,543   32,931   388   —
Expiring 08/21/24   MSC   NOK 357   32,470   32,749   279   —
Expiring 08/21/24   MSC   NOK 239   21,701   21,960   259   —
Expiring 08/21/24   MSC   NOK 239   21,733   21,952   219   —
Expiring 08/21/24   MSC   NOK 236   21,717   21,670   —   (47)
9
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Norwegian Krone (cont’d.),
Expiring 08/21/24   MSC   NOK 120    $10,867    $10,976    $109    $—
Expiring 08/21/24   MSC   NOK 120   10,856   10,965   109   —
Expiring 08/21/24   MSC   NOK 120   10,856   10,965   109   —
Expiring 08/21/24   MSC   NOK 118   10,851   10,843   —   (8)
Expiring 08/21/24   MSC   NOK 1   117   118   1   —
Polish Zloty,
Expiring 08/21/24   MSC   PLN 425   108,862   107,240   —   (1,622)
Expiring 08/21/24   MSC   PLN 257   65,384   64,860   —   (524)
Expiring 08/21/24   MSC   PLN 86   21,795   21,620   —   (175)
Expiring 08/21/24   MSC   PLN 85   21,746   21,484   —   (262)
Expiring 08/21/24   MSC   PLN 85   21,788   21,443   —   (345)
Expiring 08/21/24   MSC   PLN 85   21,788   21,462   —   (326)
Expiring 08/21/24   MSC   PLN 43   10,894   10,731   —   (163)
Singapore Dollar,
Expiring 08/21/24   MSC   SGD 134   100,066   100,153   87   —
Expiring 08/21/24   MSC   SGD 107   80,052   80,122   70   —
Expiring 08/21/24   MSC   SGD 54   40,036   40,222   186   —
Expiring 08/21/24   MSC   SGD 54   40,063   40,206   143   —
Expiring 08/21/24   MSC   SGD 27   20,030   20,082   52   —
Expiring 08/21/24   MSC   SGD 27   20,032   20,103   71   —
Expiring 08/21/24   MSC   SGD 27   20,032   20,103   71   —
Expiring 08/21/24   MSC   SGD 27   20,016   20,124   108   —
Expiring 08/21/24   MSC   SGD 27   20,016   20,114   98   —
Expiring 08/21/24   MSC   SGD 27   20,018   20,105   87   —
Expiring 08/21/24   MSC   SGD 27   20,017   20,023   6   —
Expiring 08/21/24   MSC   SGD 27   20,009   20,026   17   —
Expiring 08/21/24   MSC   SGD 27   20,017   20,125   108   —
Expiring 08/21/24   MSC   SGD 27   20,018   20,105   87   —
South African Rand,
Expiring 08/21/24   MSC   ZAR 5,443   300,000   298,321   —   (1,679)
Expiring 08/21/24   MSC   ZAR 1,089   60,000   59,664   —   (336)
Expiring 08/21/24   MSC   ZAR 727   39,874   39,839   —   (35)
Expiring 08/21/24   MSC   ZAR 367   20,005   20,095   90   —
Expiring 08/21/24   MSC   ZAR 367   19,818   20,103   285   —
Expiring 08/21/24   MSC   ZAR 366   19,936   20,042   106   —
Expiring 08/21/24   MSC   ZAR 365   19,954   19,984   30   —
Expiring 08/21/24   MSC   ZAR 363   20,000   19,888   —   (112)
Expiring 08/21/24   MSC   ZAR 363   19,938   19,920   —   (18)
Expiring 08/21/24   MSC   ZAR 363   19,938   19,920   —   (18)
10
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
South African Rand (cont’d.),
Expiring 08/21/24   MSC   ZAR 184    $10,014    $10,072    $58    $—
Expiring 08/21/24   MSC   ZAR 183   9,984   10,042   58   —
Expiring 08/21/24   MSC   ZAR 182   9,990   9,990   —   —
Expiring 08/21/24   MSC   ZAR 182   9,974   9,974   —   —
Expiring 08/21/24   MSC   ZAR 180   9,963   9,861   —   (102)
Expiring 08/21/24   MSC   ZAR 179   9,893   9,801   —   (92)
South Korean Won,
Expiring 08/21/24   MSC   KRW 54,980   40,000   40,164   164   —
Expiring 08/21/24   MSC   KRW 27,741   20,000   20,265   265   —
Expiring 08/21/24   MSC   KRW 27,698   20,000   20,234   234   —
Expiring 08/21/24   MSC   KRW 27,691   20,000   20,229   229   —
Expiring 08/21/24   MSC   KRW 27,681   20,000   20,221   221   —
Expiring 08/21/24   MSC   KRW 27,669   20,000   20,212   212   —
Expiring 08/21/24   MSC   KRW 27,651   20,000   20,199   199   —
Expiring 08/21/24   MSC   KRW 27,626   20,000   20,181   181   —
Expiring 08/21/24   MSC   KRW 27,606   20,000   20,167   167   —
Expiring 08/21/24   MSC   KRW 27,577   20,000   20,145   145   —
Expiring 08/21/24   MSC   KRW 27,576   20,000   20,144   144   —
Expiring 08/21/24   MSC   KRW 27,553   20,000   20,127   127   —
Expiring 08/21/24   MSC   KRW 27,492   20,000   20,083   83   —
Expiring 08/21/24   MSC   KRW 27,491   20,000   20,083   83   —
Swedish Krona,
Expiring 08/21/24   MSC   SEK 5,982   554,706   559,190   4,484   —
Expiring 08/21/24   MSC   SEK 1,512   141,851   141,370   —   (481)
Expiring 08/21/24   MSC   SEK 1,289   119,151   120,523   1,372   —
Expiring 08/21/24   MSC   SEK 1,055   97,845   98,636   791   —
Expiring 08/21/24   MSC   SEK 1,037   98,080   96,910   —   (1,170)
Expiring 08/21/24   MSC   SEK 692   65,680   64,700   —   (980)
Expiring 08/21/24   MSC   SEK 588   54,329   54,923   594   —
Expiring 08/21/24   MSC   SEK 578   54,528   53,994   —   (534)
Expiring 08/21/24   MSC   SEK 469   43,486   43,838   352   —
Expiring 08/21/24   MSC   SEK 467   43,415   43,675   260   —
Expiring 08/21/24   MSC   SEK 235   21,727   21,927   200   —
Expiring 08/21/24   MSC   SEK 234   21,723   21,840   117   —
Expiring 08/21/24   MSC   SEK 233   21,639   21,789   150   —
Expiring 08/21/24   MSC   SEK 116   10,829   10,814   —   (15)
Expiring 08/21/24   MSC   SEK 115   10,925   10,735   —   (190)
Expiring 08/21/24   MSC   SEK 114   10,839   10,672   —   (167)
11
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Swiss Franc,
Expiring 08/21/24   MSC   CHF 575    $652,661    $656,944    $4,283    $—
Expiring 08/21/24   MSC   CHF 452   512,142   516,016   3,874   —
Expiring 08/21/24   MSC   CHF 301   340,870   343,831   2,961   —
Expiring 08/21/24   MSC   CHF 246   280,679   281,250   571   —
Expiring 08/21/24   MSC   CHF 176   200,510   201,013   503   —
Expiring 08/21/24   MSC   CHF 170   190,731   194,183   3,452   —
Expiring 08/21/24   MSC   CHF 168   190,379   192,191   1,812   —
Expiring 08/21/24   MSC   CHF 161   180,742   183,927   3,185   —
Expiring 08/21/24   MSC   CHF 152   170,664   173,686   3,022   —
Expiring 08/21/24   MSC   CHF 150   170,588   171,772   1,184   —
Expiring 08/21/24   MSC   CHF 149   170,312   170,658   346   —
Expiring 08/21/24   MSC   CHF 132   150,050   151,063   1,013   —
Expiring 08/21/24   MSC   CHF 116   130,364   132,378   2,014   —
Expiring 08/21/24   MSC   CHF 89   100,313   101,817   1,504   —
Expiring 08/21/24   MSC   CHF 88   100,182   100,487   305   —
Expiring 08/21/24   MSC   CHF 62   70,259   70,790   531   —
Expiring 08/21/24   MSC   CHF 62   70,138   70,806   668   —
Expiring 08/21/24   MSC   CHF 53   60,130   60,173   43   —
Expiring 08/21/24   MSC   CHF 45   50,146   50,921   775   —
Expiring 08/21/24   MSC   CHF 35   40,107   40,189   82   —
Expiring 08/21/24   MSC   CHF 35   40,064   40,186   122   —
Expiring 08/21/24   MSC   CHF 27   30,100   30,451   351   —
Expiring 08/21/24   MSC   CHF 27   30,068   30,351   283   —
Expiring 08/21/24   MSC   CHF 18   20,062   20,363   301   —
Expiring 08/21/24   MSC   CHF 18   20,040   20,190   150   —
Expiring 08/21/24   MSC   CHF 18   20,081   20,443   362   —
Expiring 08/21/24   MSC   CHF 18   20,054   20,095   41   —
Expiring 08/21/24   MSC   CHF 18   20,085   20,464   379   —
Expiring 08/21/24   MSC   CHF 18   20,031   20,092   61   —
Expiring 08/21/24   MSC   CHF 9   10,027   10,141   114   —
Expiring 08/21/24   MSC   CHF 9   10,012   10,109   97   —
Thai Baht,
Expiring 08/21/24   MSC   THB 1,084   30,069   30,461   392   —
Expiring 08/21/24   MSC   THB 723   20,045   20,306   261   —
Expiring 08/21/24   MSC   THB 722   20,054   20,291   237   —
Expiring 08/21/24   MSC   THB 721   20,028   20,275   247   —
12
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Thai Baht (cont’d.),
Expiring 08/21/24   MSC   THB 719    $20,042    $20,201    $159    $—
Expiring 08/21/24   MSC   THB 711   20,034   19,988   —   (46)
              $24,582,809   $24,602,226   145,405   (125,988)
    
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts:
Australian Dollar,
Expiring 08/21/24   MSC   AUD 790    $516,035    $516,913    $—    $(878)
Expiring 08/21/24   MSC   AUD 610   405,530   399,136   6,394   —
Expiring 08/21/24   MSC   AUD 430   289,712   281,358   8,354   —
Expiring 08/21/24   MSC   AUD 370   242,789   242,099   690   —
Expiring 08/21/24   MSC   AUD 360   242,369   235,555   6,814   —
Expiring 08/21/24   MSC   AUD 290   192,819   189,753   3,066   —
Expiring 08/21/24   MSC   AUD 220   143,706   143,951   —   (245)
Expiring 08/21/24   MSC   AUD 210   137,451   137,407   44   —
Expiring 08/21/24   MSC   AUD 190   125,559   124,321   1,238   —
Expiring 08/21/24   MSC   AUD 180   117,973   117,778   195   —
Expiring 08/21/24   MSC   AUD 160   108,720   104,691   4,029   —
Expiring 08/21/24   MSC   AUD 160   104,990   104,691   299   —
Expiring 08/21/24   MSC   AUD 130   86,424   85,061   1,363   —
Expiring 08/21/24   MSC   AUD 120   81,008   78,519   2,489   —
Expiring 08/21/24   MSC   AUD 120   78,477   78,518   —   (41)
Expiring 08/21/24   MSC   AUD 120   78,591   78,519   72   —
Expiring 08/21/24   MSC   AUD 110   74,416   71,976   2,440   —
Expiring 08/21/24   MSC   AUD 100   67,307   65,432   1,875   —
Expiring 08/21/24   MSC   AUD 90   59,057   58,889   168   —
Expiring 08/21/24   MSC   AUD 80   53,184   52,345   839   —
Expiring 08/21/24   MSC   AUD 60   39,241   39,259   —   (18)
Expiring 08/21/24   MSC   AUD 60   39,241   39,259   —   (18)
Expiring 08/21/24   MSC   AUD 40   26,161   26,173   —   (12)
Expiring 08/21/24   MSC   AUD 40   26,596   26,173   423   —
Expiring 08/21/24   MSC   AUD 40   26,129   26,173   —   (44)
Expiring 08/21/24   MSC   AUD 20   13,477   13,086   391   —
Expiring 08/21/24   MSC   AUD 20   13,389   13,086   303   —
Expiring 08/21/24   MSC   AUD 20   13,064   13,086   —   (22)
Expiring 08/21/24   MSC   AUD 20   13,461   13,086   375   —
13
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Australian Dollar (cont’d.),
Expiring 08/21/24   MSC   AUD 20    $13,530    $13,086    $444    $—
Expiring 08/21/24   MSC   AUD 10   6,608   6,543   65   —
Expiring 08/21/24   MSC   AUD 10   6,734   6,544   190   —
Expiring 08/21/24   MSC   AUD 10   6,540   6,543   —   (3)
Expiring 08/21/24   MSC   AUD 10   6,561   6,544   17   —
Brazilian Real,
Expiring 08/02/24   MSC   BRL 1,353   240,000   239,139   861   —
Expiring 08/02/24   MSC   BRL 112   20,000   19,743   257   —
Expiring 08/02/24   MSC   BRL 112   20,000   19,821   179   —
Expiring 08/02/24   MSC   BRL 112   20,000   19,783   217   —
Expiring 08/02/24   MSC   BRL 111   20,000   19,617   383   —
Expiring 08/02/24   MSC   BRL 111   20,000   19,619   381   —
Expiring 08/02/24   MSC   BRL 111   20,000   19,679   321   —
Expiring 08/02/24   MSC   BRL 110   20,000   19,517   483   —
Expiring 08/02/24   MSC   BRL 110   20,000   19,381   619   —
Expiring 08/02/24   MSC   BRL 109   20,000   19,282   718   —
Expiring 08/02/24   MSC   BRL 109   20,000   19,326   674   —
Expiring 09/04/24   MSC   BRL 114   20,000   20,033   —   (33)
Expiring 09/04/24   MSC   BRL 114   20,000   20,005   —   (5)
Expiring 09/04/24   MSC   BRL 113   20,000   19,986   14   —
Expiring 09/04/24   MSC   BRL 113   20,000   19,975   25   —
Expiring 09/04/24   MSC   BRL 113   20,000   19,987   13   —
Expiring 09/04/24   MSC   BRL 113   20,000   19,937   63   —
British Pound,
Expiring 08/21/24   MSC   GBP 290   373,785   372,887   898   —
Expiring 08/21/24   MSC   GBP 230   296,168   295,739   429   —
Expiring 08/21/24   MSC   GBP 190   244,295   244,305   —   (10)
Expiring 08/21/24   MSC   GBP 160   208,153   205,731   2,422   —
Expiring 08/21/24   MSC   GBP 120   155,593   154,298   1,295   —
Expiring 08/21/24   MSC   GBP 100   130,123   128,582   1,541   —
Expiring 08/21/24   MSC   GBP 80   103,338   102,865   473   —
Expiring 08/21/24   MSC   GBP 60   77,454   77,149   305   —
Expiring 08/21/24   MSC   GBP 40   51,557   51,433   124   —
Expiring 08/21/24   MSC   GBP 40   51,689   51,433   256   —
Expiring 08/21/24   MSC   GBP 30   38,624   38,575   49   —
Expiring 08/21/24   MSC   GBP 30   38,495   38,575   —   (80)
Expiring 08/21/24   MSC   GBP 20   25,778   25,716   62   —
Expiring 08/21/24   MSC   GBP 20   25,663   25,716   —   (53)
Expiring 08/21/24   MSC   GBP 20   25,778   25,716   62   —
14
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
British Pound (cont’d.),
Expiring 08/21/24   MSC   GBP 10    $12,986    $12,858    $128    $—
Expiring 08/21/24   MSC   GBP 10   12,926   12,859   67   —
Expiring 08/21/24   MSC   GBP 10   12,889   12,858   31   —
Expiring 08/21/24   MSC   GBP 10   12,971   12,858   113   —
Expiring 08/21/24   MSC   GBP 10   12,986   12,858   128   —
Expiring 08/21/24   MSC   GBP 10   12,860   12,858   2   —
Expiring 08/21/24   MSC   GBP 10   12,986   12,858   128   —
Expiring 08/21/24   MSC   GBP 10   12,926   12,859   67   —
Canadian Dollar,
Expiring 08/21/24   MSC   CAD 774   560,499   560,682   —   (183)
Expiring 08/21/24   MSC   CAD 708   520,000   513,266   6,734   —
Expiring 08/21/24   MSC   CAD 698   510,422   506,137   4,285   —
Expiring 08/21/24   MSC   CAD 387   279,716   280,404   —   (688)
Expiring 08/21/24   MSC   CAD 386   280,318   280,004   314   —
Expiring 08/21/24   MSC   CAD 369   270,278   267,650   2,628   —
Expiring 08/21/24   MSC   CAD 368   270,331   266,481   3,850   —
Expiring 08/21/24   MSC   CAD 360   260,131   261,002   —   (871)
Expiring 08/21/24   MSC   CAD 329   240,196   238,145   2,051   —
Expiring 08/21/24   MSC   CAD 263   190,141   190,778   —   (637)
Expiring 08/21/24   MSC   CAD 207   150,086   149,927   159   —
Expiring 08/21/24   MSC   CAD 194   140,083   140,484   —   (401)
Expiring 08/21/24   MSC   CAD 194   140,030   140,487   —   (457)
Expiring 08/21/24   MSC   CAD 179   129,971   129,826   145   —
Expiring 08/21/24   MSC   CAD 177   130,145   128,540   1,605   —
Expiring 08/21/24   MSC   CAD 164   120,103   118,507   1,596   —
Expiring 08/21/24   MSC   CAD 109   80,000   78,964   1,036   —
Expiring 08/21/24   MSC   CAD 109   80,119   78,950   1,169   —
Expiring 08/21/24   MSC   CAD 96   70,030   69,395   635   —
Expiring 08/21/24   MSC   CAD 96   70,029   69,475   554   —
Expiring 08/21/24   MSC   CAD 96   70,068   69,636   432   —
Expiring 08/21/24   MSC   CAD 95   70,000   69,093   907   —
Expiring 08/21/24   MSC   CAD 95   70,081   69,107   974   —
Expiring 08/21/24   MSC   CAD 83   60,037   60,239   —   (202)
Expiring 08/21/24   MSC   CAD 82   60,076   59,531   545   —
Expiring 08/21/24   MSC   CAD 69   50,036   49,727   309   —
Expiring 08/21/24   MSC   CAD 69   50,029   50,192   —   (163)
Expiring 08/21/24   MSC   CAD 55   40,025   40,160   —   (135)
Expiring 08/21/24   MSC   CAD 55   40,023   39,981   42   —
Expiring 08/21/24   MSC   CAD 55   40,045   39,551   494   —
15
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Canadian Dollar (cont’d.),
Expiring 08/21/24   MSC   CAD 55    $39,963    $40,061    $—    $(98)
Expiring 08/21/24   MSC   CAD 41   30,025   29,773   252   —
Expiring 08/21/24   MSC   CAD 41   30,014   29,980   34   —
Expiring 08/21/24   MSC   CAD 41   30,046   30,064   —   (18)
Expiring 08/21/24   MSC   CAD 28   19,984   20,033   —   (49)
Expiring 08/21/24   MSC   CAD 28   20,015   20,082   —   (67)
Expiring 08/21/24   MSC   CAD 27   20,017   19,849   168   —
Expiring 08/21/24   MSC   CAD 27   20,014   19,843   171   —
Expiring 08/21/24   MSC   CAD 14   10,004   10,007   —   (3)
Expiring 08/21/24   MSC   CAD 14   10,015   10,021   —   (6)
Chilean Peso,
Expiring 08/21/24   MSC   CLP 36,913   40,000   39,185   815   —
Expiring 08/21/24   MSC   CLP 19,075   20,000   20,249   —   (249)
Expiring 08/21/24   MSC   CLP 18,955   20,000   20,122   —   (122)
Expiring 08/21/24   MSC   CLP 18,873   20,000   20,034   —   (34)
Chinese Renminbi,
Expiring 08/21/24   MSC   CNH 2,473   340,000   342,891   —   (2,891)
Expiring 08/21/24   MSC   CNH 435   60,099   60,299   —   (200)
Expiring 08/21/24   MSC   CNH 145   20,036   20,164   —   (128)
Colombian Peso,
Expiring 08/22/24   MSC   COP 80,220   20,000   19,744   256   —
Czech Koruna,
Expiring 08/21/24   MSC   CZK 1,515   65,500   64,557   943   —
Expiring 08/21/24   MSC   CZK 509   21,628   21,671   —   (43)
Expiring 08/21/24   MSC   CZK 509   21,675   21,681   —   (6)
Expiring 08/21/24   MSC   CZK 508   21,732   21,628   104   —
Expiring 08/21/24   MSC   CZK 508   21,743   21,661   82   —
Expiring 08/21/24   MSC   CZK 507   21,787   21,605   182   —
Expiring 08/21/24   MSC   CZK —*   9   9   —   —
Euro,
Expiring 08/21/24   MSC   EUR 2,860   3,100,691   3,098,336   2,355   —
Expiring 08/21/24   MSC   EUR 310   337,868   335,834   2,034   —
Expiring 08/21/24   MSC   EUR 220   239,418   238,334   1,084   —
Expiring 08/21/24   MSC   EUR 190   206,519   205,833   686   —
Expiring 08/21/24   MSC   EUR 190   206,487   205,834   653   —
Expiring 08/21/24   MSC   EUR 150   162,509   162,500   9   —
Expiring 08/21/24   MSC   EUR 80   87,614   86,666   948   —
Expiring 08/21/24   MSC   EUR 80   86,899   86,667   232   —
Expiring 08/21/24   MSC   EUR 70   76,339   75,833   506   —
16
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Euro (cont’d.),
Expiring 08/21/24   MSC   EUR 40    $43,807    $43,333    $474    $—
Expiring 08/21/24   MSC   EUR 30   32,511   32,500   11   —
Expiring 08/21/24   MSC   EUR 20   21,739   21,667   72   —
Expiring 08/21/24   MSC   EUR 20   21,630   21,666   —   (36)
Expiring 08/21/24   MSC   EUR 20   21,739   21,667   72   —
Expiring 08/21/24   MSC   EUR 20   21,653   21,666   —   (13)
Expiring 08/21/24   MSC   EUR 20   21,798   21,667   131   —
Expiring 08/21/24   MSC   EUR 20   21,801   21,667   134   —
Expiring 08/21/24   MSC   EUR 20   21,738   21,666   72   —
Expiring 08/21/24   MSC   EUR 10   10,869   10,833   36   —
Expiring 08/21/24   MSC   EUR 10   10,844   10,833   11   —
Expiring 08/21/24   MSC   EUR 10   10,873   10,834   39   —
Expiring 08/21/24   MSC   EUR 10   10,869   10,833   36   —
Expiring 08/21/24   MSC   EUR 10   10,869   10,833   36   —
Expiring 08/21/24   MSC   EUR 10   10,869   10,833   36   —
Expiring 08/21/24   MSC   EUR 10   10,834   10,833   1   —
Expiring 08/21/24   MSC   EUR 10   10,869   10,833   36   —
Hungarian Forint,
Expiring 08/21/24   MSC   HUF 7,908   21,618   21,704   —   (86)
Expiring 08/21/24   MSC   HUF 7,908   21,618   21,704   —   (86)
Expiring 08/21/24   MSC   HUF 7,889   21,655   21,651   4   —
Expiring 08/21/24   MSC   HUF 7,876   21,638   21,616   22   —
Expiring 08/21/24   MSC   HUF 7,870   21,710   21,600   110   —
Expiring 08/21/24   MSC   HUF 7,822   21,783   21,468   315   —
Expiring 08/21/24   MSC   HUF 7,812   21,711   21,440   271   —
Expiring 08/21/24   MSC   HUF 7,812   21,690   21,442   248   —
Expiring 08/21/24   MSC   HUF 7,811   21,780   21,438   342   —
Expiring 08/21/24   MSC   HUF 7,811   21,780   21,438   342   —
Expiring 08/21/24   MSC   HUF 3,977   11,069   10,916   153   —
Expiring 08/21/24   MSC   HUF 1   4   4   —   —
Indian Rupee,
Expiring 08/21/24   MSC   INR 8,373   100,000   99,941   59   —
Expiring 08/21/24   MSC   INR 3,351   40,000   39,999   1   —
Expiring 08/21/24   MSC   INR 1,676   20,000   20,002   —   (2)
Expiring 08/21/24   MSC   INR 1,676   20,001   20,002   —   (1)
Expiring 08/21/24   MSC   INR 1,673   20,000   19,965   35   —
Expiring 08/21/24   MSC   INR 1,673   20,000   19,974   26   —
Expiring 08/21/24   MSC   INR 1,672   20,000   19,961   39   —
Expiring 08/21/24   MSC   INR 1,672   20,000   19,957   43   —
17
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Indian Rupee (cont’d.),
Expiring 08/21/24   MSC   INR 836    $10,000    $9,981    $19    $—
Indonesian Rupiah,
Expiring 08/21/24   MSC   IDR 650,100   40,000   39,998   2   —
Expiring 08/21/24   MSC   IDR 326,505   20,000   20,088   —   (88)
Expiring 08/21/24   MSC   IDR 326,228   20,000   20,071   —   (71)
Expiring 08/21/24   MSC   IDR 325,608   20,000   20,033   —   (33)
Expiring 08/21/24   MSC   IDR 324,170   20,000   19,945   55   —
Expiring 08/21/24   MSC   IDR 323,358   20,000   19,895   105   —
Israeli Shekel,
Expiring 08/21/24   MSC   ILS 74   20,047   19,705   342   —
Expiring 08/21/24   MSC   ILS 73   20,068   19,319   749   —
Expiring 08/21/24   MSC   ILS 73   20,000   19,369   631   —
Expiring 08/21/24   MSC   ILS 72   20,168   19,187   981   —
Japanese Yen,
Expiring 08/21/24   MSC   JPY 80,296   500,000   537,718   —   (37,718)
Expiring 08/21/24   MSC   JPY 36,936   230,000   247,350   —   (17,350)
Expiring 08/21/24   MSC   JPY 32,287   210,744   216,215   —   (5,471)
Expiring 08/21/24   MSC   JPY 32,118   200,000   215,087   —   (15,087)
Expiring 08/21/24   MSC   JPY 32,118   200,001   215,088   —   (15,087)
Expiring 08/21/24   MSC   JPY 25,095   160,497   168,052   —   (7,555)
Expiring 08/21/24   MSC   JPY 21,521   140,791   144,121   —   (3,330)
Expiring 08/21/24   MSC   JPY 20,877   130,000   139,807   —   (9,807)
Expiring 08/21/24   MSC   JPY 20,877   130,001   139,807   —   (9,806)
Expiring 08/21/24   MSC   JPY 20,428   130,539   136,801   —   (6,262)
Expiring 08/21/24   MSC   JPY 20,300   130,644   135,947   —   (5,303)
Expiring 08/21/24   MSC   JPY 15,564   100,410   104,225   —   (3,815)
Expiring 08/21/24   MSC   JPY 9,192   60,187   61,559   —   (1,372)
Expiring 08/21/24   MSC   JPY 7,870   50,227   52,706   —   (2,479)
Expiring 08/21/24   MSC   JPY 4,724   30,183   31,639   —   (1,456)
Expiring 08/21/24   MSC   JPY 3,235   20,122   21,664   —   (1,542)
Expiring 08/21/24   MSC   JPY 1,574   10,045   10,541   —   (496)
Expiring 08/21/24   MSC   JPY 1,573   10,050   10,535   —   (485)
Expiring 08/21/24   MSC   JPY 5   31   32   —   (1)
Mexican Peso,
Expiring 08/21/24   MSC   MXN 751   39,867   40,150   —   (283)
Expiring 08/21/24   MSC   MXN 367   19,958   19,652   306   —
Expiring 08/21/24   MSC   MXN 367   19,936   19,659   277   —
Expiring 08/21/24   MSC   MXN 367   19,958   19,652   306   —
Expiring 08/21/24   MSC   MXN 363   19,940   19,420   520   —
18
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Mexican Peso (cont’d.),
Expiring 08/21/24   MSC   MXN 361    $19,918    $19,304    $614    $—
Expiring 08/21/24   MSC   MXN 359   19,880   19,217   663   —
Expiring 08/21/24   MSC   MXN 358   19,927   19,162   765   —
Expiring 08/21/24   MSC   MXN 356   19,899   19,034   865   —
Expiring 08/21/24   MSC   MXN 355   19,920   18,989   931   —
Expiring 08/21/24   MSC   MXN 354   19,902   18,917   985   —
Expiring 08/21/24   MSC   MXN 178   9,945   9,542   403   —
Expiring 08/21/24   MSC   MXN 178   9,963   9,516   447   —
Expiring 08/21/24   MSC   MXN 177   9,950   9,463   487   —
New Taiwanese Dollar,
Expiring 08/21/24   MSC   TWD 1,623   50,000   49,764   236   —
Expiring 08/21/24   MSC   TWD 1,311   40,000   40,183   —   (183)
Expiring 08/21/24   MSC   TWD 658   20,000   20,177   —   (177)
Expiring 08/21/24   MSC   TWD 656   20,000   20,104   —   (104)
Expiring 08/21/24   MSC   TWD 655   20,000   20,072   —   (72)
Expiring 08/21/24   MSC   TWD 654   20,000   20,065   —   (65)
Expiring 08/21/24   MSC   TWD 653   20,000   20,030   —   (30)
Expiring 08/21/24   MSC   TWD 651   20,000   19,960   40   —
Expiring 08/21/24   MSC   TWD 651   20,000   19,960   40   —
Expiring 08/21/24   MSC   TWD 651   20,000   19,963   37   —
New Zealand Dollar,
Expiring 08/21/24   MSC   NZD 190   115,385   113,082   2,303   —
Expiring 08/21/24   MSC   NZD 160   97,276   95,227   2,049   —
Expiring 08/21/24   MSC   NZD 150   91,005   89,276   1,729   —
Expiring 08/21/24   MSC   NZD 110   64,865   65,469   —   (604)
Expiring 08/21/24   MSC   NZD 110   66,934   65,469   1,465   —
Expiring 08/21/24   MSC   NZD 100   60,211   59,519   692   —
Expiring 08/21/24   MSC   NZD 90   54,505   53,565   940   —
Expiring 08/21/24   MSC   NZD 80   48,583   47,613   970   —
Expiring 08/21/24   MSC   NZD 70   42,653   41,662   991   —
Expiring 08/21/24   MSC   NZD 70   42,675   41,662   1,013   —
Expiring 08/21/24   MSC   NZD 70   41,678   41,662   16   —
Expiring 08/21/24   MSC   NZD 60   35,449   35,710   —   (261)
Expiring 08/21/24   MSC   NZD 50   30,384   29,758   626   —
Expiring 08/21/24   MSC   NZD 40   24,061   23,807   254   —
Expiring 08/21/24   MSC   NZD 40   24,084   23,807   277   —
Expiring 08/21/24   MSC   NZD 30   18,141   17,855   286   —
Expiring 08/21/24   MSC   NZD 20   12,042   11,904   138   —
Expiring 08/21/24   MSC   NZD 20   12,042   11,904   138   —
19
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
New Zealand Dollar (cont’d.),
Expiring 08/21/24   MSC   NZD 20    $12,187    $11,904    $283    $—
Expiring 08/21/24   MSC   NZD 10   6,093   5,951   142   —
Expiring 08/21/24   MSC   NZD 10   6,085   5,952   133   —
Expiring 08/21/24   MSC   NZD 10   6,074   5,952   122   —
Expiring 08/21/24   MSC   NZD 10   6,074   5,952   122   —
Norwegian Krone,
Expiring 08/21/24   MSC   NOK 1,176   109,234   107,862   1,372   —
Expiring 08/21/24   MSC   NOK 1,073   97,831   98,407   —   (576)
Expiring 08/21/24   MSC   NOK 933   87,066   85,528   1,538   —
Expiring 08/21/24   MSC   NOK 815   76,241   74,722   1,519   —
Expiring 08/21/24   MSC   NOK 593   54,132   54,367   —   (235)
Expiring 08/21/24   MSC   NOK 588   54,616   53,930   686   —
Expiring 08/21/24   MSC   NOK 587   54,758   53,864   894   —
Expiring 08/21/24   MSC   NOK 475   43,288   43,539   —   (251)
Expiring 08/21/24   MSC   NOK 470   43,693   43,144   549   —
Expiring 08/21/24   MSC   NOK 468   43,667   42,949   718   —
Expiring 08/21/24   MSC   NOK 464   43,357   42,568   789   —
Expiring 08/21/24   MSC   NOK 358   32,708   32,845   —   (137)
Expiring 08/21/24   MSC   NOK 357   32,524   32,713   —   (189)
Expiring 08/21/24   MSC   NOK 353   32,654   32,387   267   —
Expiring 08/21/24   MSC   NOK 239   21,740   21,918   —   (178)
Expiring 08/21/24   MSC   NOK 236   21,831   21,609   222   —
Expiring 08/21/24   MSC   NOK 236   21,667   21,688   —   (21)
Expiring 08/21/24   MSC   NOK 235   21,818   21,579   239   —
Expiring 08/21/24   MSC   NOK 234   21,834   21,475   359   —
Expiring 08/21/24   MSC   NOK 233   21,788   21,354   434   —
Expiring 08/21/24   MSC   NOK 232   21,673   21,265   408   —
Expiring 08/21/24   MSC   NOK 119   10,837   10,920   —   (83)
Expiring 08/21/24   MSC   NOK 118   10,833   10,843   —   (10)
Expiring 08/21/24   MSC   NOK 118   10,916   10,805   111   —
Expiring 08/21/24   MSC   NOK 118   10,906   10,798   108   —
Philippine Peso,
Expiring 08/22/24   MSC   PHP 1,174   20,000   20,106   —   (106)
Expiring 08/22/24   MSC   PHP 1,167   20,000   19,983   17   —
Polish Zloty,
Expiring 08/21/24   MSC   PLN 86   21,770   21,653   117   —
Expiring 08/21/24   MSC   PLN 86   21,752   21,635   117   —
Expiring 08/21/24   MSC   PLN 86   21,879   21,676   203   —
Expiring 08/21/24   MSC   PLN 86   21,752   21,635   117   —
20
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Polish Zloty (cont’d.),
Expiring 08/21/24   MSC   PLN 85    $21,728    $21,560    $168    $—
Singapore Dollar,
Expiring 08/21/24   MSC   SGD 1,643   1,220,000   1,230,834   —   (10,834)
Expiring 08/21/24   MSC   SGD 216   160,000   161,421   —   (1,421)
Expiring 08/21/24   MSC   SGD 188   140,225   140,741   —   (516)
Expiring 08/21/24   MSC   SGD 162   120,000   121,066   —   (1,066)
Expiring 08/21/24   MSC   SGD 81   60,088   60,468   —   (380)
Expiring 08/21/24   MSC   SGD 54   40,089   40,182   —   (93)
Expiring 08/21/24   MSC   SGD 27   20,035   20,107   —   (72)
Expiring 08/21/24   MSC   SGD 27   20,027   20,098   —   (71)
Expiring 08/21/24   MSC   SGD 27   20,012   20,130   —   (118)
Expiring 08/21/24   MSC   SGD 27   20,039   20,092   —   (53)
Expiring 08/21/24   MSC   SGD 27   20,032   20,104   —   (72)
Expiring 08/21/24   MSC   SGD 27   20,034   20,149   —   (115)
Expiring 08/21/24   MSC   SGD 27   20,027   20,098   —   (71)
Expiring 08/21/24   MSC   SGD 27   20,032   20,145   —   (113)
Expiring 08/21/24   MSC   SGD 27   20,039   20,092   —   (53)
Expiring 08/21/24   MSC   SGD 27   20,029   20,156   —   (127)
Expiring 08/21/24   MSC   SGD 27   20,044   20,097   —   (53)
Expiring 08/21/24   MSC   SGD 27   20,028   20,099   —   (71)
South African Rand,
Expiring 08/21/24   MSC   ZAR 368   19,969   20,168   —   (199)
Expiring 08/21/24   MSC   ZAR 368   19,969   20,168   —   (199)
Expiring 08/21/24   MSC   ZAR 368   19,978   20,162   —   (184)
Expiring 08/21/24   MSC   ZAR 367   19,962   20,097   —   (135)
Expiring 08/21/24   MSC   ZAR 365   19,982   20,022   —   (40)
Expiring 08/21/24   MSC   ZAR 365   19,970   19,998   —   (28)
South Korean Won,
Expiring 08/21/24   MSC   KRW 331,625   240,000   242,254   —   (2,254)
Expiring 08/21/24   MSC   KRW 276,354   200,000   201,878   —   (1,878)
Expiring 08/21/24   MSC   KRW 69,088   50,000   50,470   —   (470)
Expiring 08/21/24   MSC   KRW 41,398   30,000   30,242   —   (242)
Expiring 08/21/24   MSC   KRW 27,742   20,000   20,266   —   (266)
Expiring 08/21/24   MSC   KRW 27,700   20,000   20,235   —   (235)
Expiring 08/21/24   MSC   KRW 27,700   20,000   20,235   —   (235)
Expiring 08/21/24   MSC   KRW 27,681   20,000   20,221   —   (221)
Expiring 08/21/24   MSC   KRW 27,674   20,000   20,216   —   (216)
Expiring 08/21/24   MSC   KRW 27,669   20,000   20,212   —   (212)
Expiring 08/21/24   MSC   KRW 27,662   20,000   20,207   —   (207)
21
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
South Korean Won (cont’d.),
Expiring 08/21/24   MSC   KRW 27,659    $20,000    $20,205    $—    $(205)
Expiring 08/21/24   MSC   KRW 27,573   20,000   20,142   —   (142)
Swedish Krona,
Expiring 08/21/24   MSC   SEK 5,929   553,818   554,278   —   (460)
Expiring 08/21/24   MSC   SEK 3,251   303,661   303,867   —   (206)
Expiring 08/21/24   MSC   SEK 2,574   239,625   240,642   —   (1,017)
Expiring 08/21/24   MSC   SEK 2,072   196,314   193,723   2,591   —
Expiring 08/21/24   MSC   SEK 1,272   120,234   118,889   1,345   —
Expiring 08/21/24   MSC   SEK 913   87,398   85,326   2,072   —
Expiring 08/21/24   MSC   SEK 821   76,078   76,753   —   (675)
Expiring 08/21/24   MSC   SEK 701   65,465   65,510   —   (45)
Expiring 08/21/24   MSC   SEK 576   54,759   53,867   892   —
Expiring 08/21/24   MSC   SEK 574   54,654   53,673   981   —
Expiring 08/21/24   MSC   SEK 571   54,264   53,362   902   —
Expiring 08/21/24   MSC   SEK 462   43,634   43,223   411   —
Expiring 08/21/24   MSC   SEK 456   43,681   42,645   1,036   —
Expiring 08/21/24   MSC   SEK 357   33,150   33,397   —   (247)
Expiring 08/21/24   MSC   SEK 351   32,622   32,768   —   (146)
Expiring 08/21/24   MSC   SEK 351   32,675   32,814   —   (139)
Expiring 08/21/24   MSC   SEK 348   32,487   32,509   —   (22)
Expiring 08/21/24   MSC   SEK 346   32,754   32,373   381   —
Expiring 08/21/24   MSC   SEK 233   21,803   21,821   —   (18)
Expiring 08/21/24   MSC   SEK 233   21,803   21,821   —   (18)
Expiring 08/21/24   MSC   SEK 233   21,812   21,754   58   —
Expiring 08/21/24   MSC   SEK 233   21,812   21,754   58   —
Expiring 08/21/24   MSC   SEK 231   21,836   21,582   254   —
Expiring 08/21/24   MSC   SEK 119   11,050   11,132   —   (82)
Expiring 08/21/24   MSC   SEK 116   10,903   10,800   103   —
Expiring 08/21/24   MSC   SEK 114   10,890   10,670   220   —
Swiss Franc,
Expiring 08/21/24   MSC   CHF 1,939   2,170,000   2,214,630   —   (44,630)
Expiring 08/21/24   MSC   CHF 1,260   1,410,000   1,438,999   —   (28,999)
Expiring 08/21/24   MSC   CHF 409   461,544   467,394   —   (5,850)
Expiring 08/21/24   MSC   CHF 322   360,000   367,404   —   (7,404)
Expiring 08/21/24   MSC   CHF 302   340,859   345,066   —   (4,207)
Expiring 08/21/24   MSC   CHF 169   190,555   192,907   —   (2,352)
Expiring 08/21/24   MSC   CHF 89   100,000   102,057   —   (2,057)
Expiring 08/21/24   MSC   CHF 63   70,352   71,920   —   (1,568)
Expiring 08/21/24   MSC   CHF 63   70,225   71,547   —   (1,322)
22
PGIM Wadhwani Systematic Absolute Return Fund
Schedule of Investments  (unaudited) (continued)
as of July 31, 2024
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Swiss Franc (cont’d.),
Expiring 08/21/24   MSC   CHF 62    $70,201    $70,629    $—    $(428)
Expiring 08/21/24   MSC   CHF 35   40,155   40,496   —   (341)
Expiring 08/21/24   MSC   CHF 35   40,055   40,294   —   (239)
Expiring 08/21/24   MSC   CHF 27   30,155   30,822   —   (667)
Expiring 08/21/24   MSC   CHF 18   19,836   20,160   —   (324)
Expiring 08/21/24   MSC   CHF 9   10,051   10,273   —   (222)
Expiring 08/21/24   MSC   CHF —*   50   51   —   (1)
Thai Baht,
Expiring 08/21/24   MSC   THB 7,984   220,000   224,373   —   (4,373)
Expiring 08/21/24   MSC   THB 1,445   40,116   40,609   —   (493)
Expiring 08/21/24   MSC   THB 723   20,047   20,333   —   (286)
Expiring 08/21/24   MSC   THB 723   20,047   20,333   —   (286)
Expiring 08/21/24   MSC   THB 721   20,093   20,258   —   (165)
Expiring 08/21/24   MSC   THB 720   20,045   20,243   —   (198)
Expiring 08/21/24   MSC   THB 719   20,046   20,201   —   (155)
Expiring 08/21/24   MSC   THB 363   10,000   10,199   —   (199)
Expiring 08/21/24   MSC   THB 2   63   64   —   (1)
              $33,278,923   $33,419,847   149,301   (290,225)
                      $294,706   $(416,213)
*  Less than 500.                          
Cross currency exchange contracts outstanding at July 31, 2024:
Settlement   Type   Notional
Amount
(000) 		  In Exchange
For (000) 		  Unrealized
Appreciation 		  Unrealized
Depreciation 		  Counterparty
OTC Cross Currency Exchange Contracts:
08/21/24   Buy   EUR 130   NOK 1,502    $3,077    $—   MSC
08/21/24   Buy   EUR 520   CZK 13,207   680   —   MSC
08/21/24   Buy   EUR 810   SEK 9,243   13,439   —   MSC
08/21/24   Buy   HUF 165,689   EUR 420   —   (254)   MSC
08/21/24   Buy   PLN 171   EUR 40   —   (275)   MSC
08/21/24   Buy   PLN 213   EUR 50   —   (344)   MSC
08/21/24   Buy   PLN 2,731   EUR 640   —   (4,406)   MSC
                    $17,196   $(5,279)    
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).
23