NPORT-EX 2 PI68290JenIntLOP.htm PGIM Jennison International Opportunities Fund
PGIM Jennison International Opportunities Fund
Schedule of Investments as of January 31, 2020 (unaudited)
Description     Shares Value
Long-Term Investments 97.7%
Common Stocks 93.6%
Argentina 3.5%
MercadoLibre, Inc.*       42,097  $ 27,910,311
Australia 2.2%
Cochlear Ltd.       108,738 17,330,230
Canada 2.7%
Shopify, Inc. (Class A Stock)*       46,194 21,510,698
China 13.6%
Alibaba Group Holding Ltd., ADR*       186,292 38,486,064
Jiangsu Hengrui Medicine Co. Ltd. (Class A Stock)       1,077,389 13,179,299
Kweichow Moutai Co. Ltd. (Class A Stock)       87,771 12,607,809
Meituan Dianping (Class B Stock)*       1,607,650 20,329,642
Wuxi Biologics Cayman, Inc., 144A*       1,934,606 24,531,540
          109,134,354
Denmark 1.6%
Novo Nordisk A/S (Class B Stock)       207,993 12,724,713
France 22.1%
Airbus SE       172,066 25,335,469
Dassault Systemes SE       191,795 33,224,137
Kering SA       30,328 18,582,221
L’Oreal SA       80,734 22,480,051
LVMH Moet Hennessy Louis Vuitton SE       69,503 30,320,008
Pernod Ricard SA       122,622 21,284,861
Remy Cointreau SA       59,255 6,259,087
Safran SA       118,428 19,089,619
          176,575,453
Germany 4.4%
adidas AG       64,346 20,349,347
SAP SE       116,043 15,099,441
          35,448,788
Hong Kong 2.4%
AIA Group Ltd.       1,928,817 18,951,039
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PGIM Jennison International Opportunities Fund
Schedule of Investments as of January 31, 2020 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Italy 6.1%
Brunello Cucinelli SpA       525,818  $ 19,107,689
Ferrari NV       177,674 30,017,425
          49,125,114
Japan 2.9%
Freee KK*       132,230 3,739,796
GMO Payment Gateway, Inc.       146,067 9,426,334
Menicon Co. Ltd.       222,438 9,983,137
          23,149,267
Netherlands 7.7%
Adyen NV, 144A*       39,825 36,623,714
ASML Holding NV       89,232 25,057,459
          61,681,173
Switzerland 11.8%
Alcon, Inc.*       345,375 20,341,423
Givaudan SA       7,454 24,541,315
Novartis AG       207,774 19,592,445
Straumann Holding AG       31,048 29,628,557
          94,103,740
Taiwan 2.1%
Sea Ltd., ADR*(a)       364,511 16,490,478
United Kingdom 7.6%
Ashtead Group PLC       560,683 18,046,784
AstraZeneca PLC       180,084 17,601,550
Experian PLC       718,477 24,958,109
          60,606,443
United States 2.9%
Lululemon Athletica, Inc.*       96,413 23,080,308
     
 
Total Common Stocks
(cost $601,702,975)
747,822,109
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PGIM Jennison International Opportunities Fund
Schedule of Investments as of January 31, 2020 (unaudited) (continued)
Description     Shares Value
Preferred Stock 4.1%
Germany 
Sartorius AG (PRFC)
(cost $18,934,099)
      138,922  $ 32,375,385
 
Total Long-Term Investments
(cost $620,637,074)
780,197,494
Short-Term Investments 4.3%
Affiliated Mutual Funds 
PGIM Core Ultra Short Bond Fund(w)     18,324,296 18,324,296
PGIM Institutional Money Market Fund
(cost $15,945,273; includes $15,923,221 of cash collateral for securities on loan)(b)(w)
    15,943,534 15,946,722
     
 
 
Total Short-Term Investments
(cost $34,269,569)
34,271,018
 
TOTAL INVESTMENTS 102.0%
(cost $654,906,643)
        814,468,512
Liabilities in excess of other assets (2.0)% (15,694,832)
 
Net Assets 100.0% $ 798,773,680

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers.
ADR—American Depositary Receipt
PRFC—Preference Shares
    
* Non-income producing security.
(a) All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $15,408,744; cash collateral of $15,923,221 (included in liabilities) was received with which the Series purchased highly liquid short-term investments.
(b) Represents security purchased with cash collateral received for securities on loan and includes dividend reinvestment.
(w) PGIM Investments LLC, the manager of the Series, also serves as manager of the PGIM Core Ultra Short Bond Fund and PGIM Institutional Money Market Fund.
Other information regarding the Series is available in the Series’ most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
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