NPORT-EX 2 PI68290PRU013125.htm
PGIM Jennison International Opportunities Fund
Schedule of Investments as of January 31, 2025 (unaudited)
Description     Shares Value
Long-Term Investments 96.9%
Common Stocks 95.5%
Australia 0.7%
NEXTDC Ltd.*       3,865,032  $35,148,512
Belgium 2.0%
UCB SA       546,345 106,293,220
Brazil 5.4%
MercadoLibre, Inc.*       108,323 208,217,387
NU Holdings Ltd. (Class A Stock)*(a)       5,740,995 76,010,774
          284,228,161
Canada 2.6%
Shopify, Inc. (Class A Stock)*       1,170,283 136,689,054
China 3.5%
BYD Co. Ltd. (Class H Stock)       2,760,300 96,997,959
Xiaomi Corp. (Class B Stock), 144A*       17,330,697 86,862,488
          183,860,447
Denmark 3.5%
Novo Nordisk A/S (Class B Stock)       1,230,998 103,926,601
Pandora A/S       405,414 77,563,150
          181,489,751
France 10.8%
EssilorLuxottica SA       397,095 108,986,207
Hermes International SCA       93,283 262,373,348
Safran SA       779,558 193,249,627
          564,609,182
Germany 8.3%
adidas AG       384,996 101,507,976
Rheinmetall AG       169,219 132,301,189
SAP SE       727,692 200,533,183
          434,342,348
Hong Kong 1.3%
Techtronic Industries Co. Ltd.       5,238,982 70,459,580
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PGIM Jennison International Opportunities Fund
Schedule of Investments as of January 31, 2025 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
India 5.9%
Apollo Hospitals Enterprise Ltd.       935,625  $73,380,501
MakeMyTrip Ltd.*(a)       893,383 97,619,960
Varun Beverages Ltd.       11,108,443 68,662,404
Zomato Ltd.*       28,809,665 72,967,057
          312,629,922
Israel 1.8%
Global-e Online Ltd.*       1,564,649 93,706,829
Italy 8.7%
Brunello Cucinelli SpA       1,385,214 178,088,601
Ferrari NV       481,179 206,442,422
Moncler SpA       1,133,168 71,732,791
          456,263,814
Japan 3.8%
Advantest Corp.       1,464,887 80,989,480
Keyence Corp.       270,789 116,631,209
          197,620,689
Netherlands 5.2%
Adyen NV, 144A*       42,550 68,680,673
Argenx SE*       161,819 106,822,782
ASM International NV       168,486 97,752,836
          273,256,291
New Zealand 1.5%
Xero Ltd.*       696,155 78,355,765
Spain 3.6%
Industria de Diseno Textil SA       3,514,404 190,763,995
Switzerland 5.6%
Cie Financiere Richemont SA (Class A Stock)       651,679 125,981,727
Galderma Group AG*       659,615 80,174,999
On Holding AG (Class A Stock)*(a)       1,491,338 89,301,320
          295,458,046
Taiwan 6.2%
Taiwan Semiconductor Manufacturing Co. Ltd., ADR(a)       1,555,492 325,595,585
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PGIM Jennison International Opportunities Fund
Schedule of Investments as of January 31, 2025 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
United Kingdom 3.1%
Compass Group PLC       4,665,311  $160,740,460
United States 12.0%
CyberArk Software Ltd.*       609,444 226,091,535
Globant SA*(a)       356,886 76,130,922
Monday.com Ltd.*       273,164 69,782,475
Schneider Electric SE       381,221 96,687,095
Spotify Technology SA*       293,783 161,154,665
          629,846,692
     
 
Total Common Stocks
(cost $3,574,487,571) 		5,011,358,343
Preferred Stock 1.4%
Germany 
Sartorius AG (PRFC)
(cost $76,496,886) 		      262,374 75,713,643
 
Total Long-Term Investments
(cost $3,650,984,457) 		5,087,071,986
Short-Term Investments 6.3%
Affiliated Mutual Funds 
PGIM Core Government Money Market Fund (7-day effective yield 4.511%)(wb) 284,952,550 284,952,550
PGIM Institutional Money Market Fund (7-day effective yield 4.593%)
(cost $43,142,822; includes $42,869,807 of cash collateral for securities on loan)(b)(wb) 		43,168,802 43,142,901
     
 
 
Total Short-Term Investments
(cost $328,095,372) 		328,095,451
 
TOTAL INVESTMENTS 103.2%
(cost $3,979,079,829) 		        5,415,167,437
Liabilities in excess of other assets (3.2)% (166,880,871)
 
Net Assets 100.0% $5,248,286,566
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
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PGIM Jennison International Opportunities Fund
Schedule of Investments as of January 31, 2025 (unaudited) (continued)
  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 $40,655,579; cash collateral of $42,869,807 (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.
(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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