NPORT-EX 2 PIPDLM0PRU022823.htm
PGIM Jennison Emerging Markets Equity Opportunities Fund
Schedule of Investments as of January 31, 2023 (unaudited)
Description     Shares Value
Long-Term Investments 97.6%
Common Stocks 
Brazil 8.9%
B3 SA - Brasil Bolsa Balcao       3,091,686  $7,899,290
Hypera SA       1,531,063 14,082,172
MercadoLibre, Inc.*       25,091 29,649,784
NU Holdings Ltd. (Class A Stock)*       2,744,190 12,760,484
          64,391,730
China 38.5%
Aier Eye Hospital Group Co. Ltd. (Class A Stock)       2,669,887 13,043,982
Alibaba Group Holding Ltd., ADR*       146,927 16,191,355
China Tourism Group Duty Free Corp. Ltd. (Class H Stock), 144A*       454,615 13,929,650
East Money Information Co. Ltd. (Class A Stock)       6,214,070 20,828,648
Full Truck Alliance Co. Ltd., ADR*       4,015,312 32,323,262
Hangzhou Tigermed Consulting Co. Ltd. (Class H Stock), 144A       826,238 10,838,328
JD.com, Inc., ADR       163,659 9,742,620
Jiumaojiu International Holdings Ltd., 144A       11,021,908 28,240,135
Kanzhun Ltd., ADR*       1,660,062 40,322,906
KE Holdings, Inc., ADR*(a)       1,275,391 23,390,671
Kweichow Moutai Co. Ltd. (Class A Stock)       39,809 10,917,509
Pinduoduo, Inc., ADR*       496,449 48,642,073
Suzhou Maxwell Technologies Co. Ltd. (Class A Stock)       160,854 10,599,001
          279,010,140
Hong Kong 2.9%
Hong Kong Exchanges & Clearing Ltd.       463,803 20,860,742
India 11.9%
HDFC Bank Ltd., ADR       107,520 7,242,547
Mahindra & Mahindra Ltd.       1,266,138 21,402,250
MakeMyTrip Ltd.*       1,043,253 30,233,472
Max Healthcare Institute Ltd.*       2,051,829 11,104,568
Reliance Industries Ltd.       319,921 9,228,892
Varun Beverages Ltd.       498,732 7,004,394
          86,216,123
Indonesia 3.9%
Bank Central Asia Tbk PT       28,117,090 15,956,705
Bank Mandiri Persero Tbk PT       19,100,472 12,727,334
          28,684,039
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PGIM Jennison Emerging Markets Equity Opportunities Fund
Schedule of Investments as of January 31, 2023 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Singapore 3.3%
Grab Holdings Ltd. (Class A Stock)*(a)       6,277,223  $23,790,675
South Korea 7.9%
Coupang, Inc.*       2,035,470 34,379,088
Orion Corp.*       83,097 8,411,162
Samsung SDI Co. Ltd.       26,009 14,575,501
          57,365,751
Taiwan 14.9%
ASPEED Technology, Inc.       469,254 33,231,840
eMemory Technology, Inc.       321,330 17,618,014
Taiwan Semiconductor Manufacturing Co. Ltd.       755,082 13,324,779
Taiwan Semiconductor Manufacturing Co. Ltd., ADR       472,352 43,801,201
          107,975,834
Thailand 5.4%
Airports of Thailand PCL*       9,158,387 20,653,196
Bumrungrad Hospital PCL       2,791,456 18,397,042
          39,050,238
 
Total Long-Term Investments
(cost $634,673,362)
707,345,272
Short-Term Investments 5.6%
Affiliated Mutual Fund 1.9%
PGIM Institutional Money Market Fund
(cost $13,479,897; includes $13,385,790 of cash collateral for securities on loan)(b)(we)
    13,494,684 13,491,985
Unaffiliated Fund 3.7%
Dreyfus Government Cash Management (Institutional Shares)
(cost $26,608,478)
    26,608,478 26,608,478
     
 
 
Total Short-Term Investments
(cost $40,088,375)
40,100,463
 
TOTAL INVESTMENTS 103.2%
(cost $674,761,737)
        747,445,735
Liabilities in excess of other assets (3.2)% (22,875,221)
 
Net Assets 100.0% $724,570,514
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PGIM Jennison Emerging Markets Equity Opportunities Fund
Schedule of Investments as of January 31, 2023 (unaudited) (continued)

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
    
* 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 $13,305,815; cash collateral of $13,385,790 (included in liabilities) was received with which the Fund purchased highly liquid short-term investments. In the event of significant appreciation in value of securities on loan on the last business day of the reporting period, the Fund may reflect a collateral value that is less than the market value of the loaned securities and such shortfall is remedied the following business day.
(b) Represents security, or portion thereof, purchased with cash collateral received for securities on loan and includes dividend reinvestment.
(we) PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Institutional Money Market Fund.
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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