NPORT-EX 2 PIPDH00_PR4.30.25.htm
PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) as of April 30, 2025
Description     Shares Value
Long-Term Investments 99.7%
Common Stocks 99.3%
Aerospace & Defense 0.5%
Textron, Inc.       6,400  $450,368
V2X, Inc.*       22,500 1,119,600
          1,569,968
Automobile Components 1.3%
Adient PLC*       112,100 1,418,065
American Axle & Manufacturing Holdings, Inc.*       382,200 1,460,004
Dana, Inc.       9,100 125,034
Standard Motor Products, Inc.       40,200 1,089,420
          4,092,523
Banks 18.2%
Ameris Bancorp       1,500 87,900
Associated Banc-Corp.       33,700 743,422
Axos Financial, Inc.*       40,900 2,596,332
Bank of NT Butterfield & Son Ltd. (The) (Bermuda)       32,600 1,309,868
Bank OZK       22,300 949,980
Bank7 Corp.       1,100 40,040
BankUnited, Inc.       79,000 2,584,090
BayCom Corp.       3,800 98,838
Business First Bancshares, Inc.       7,100 163,655
Byline Bancorp, Inc.       31,900 814,726
Cadence Bank(a)       49,000 1,433,740
Camden National Corp.       2,800 107,856
Carter Bankshares, Inc.*       29,300 448,583
Civista Bancshares, Inc.       48,800 1,098,488
CNB Financial Corp.       63,899 1,402,583
Colony Bankcorp, Inc.       33,300 516,816
Columbia Banking System, Inc.       35,100 786,942
Community Trust Bancorp, Inc.       11,066 541,791
ConnectOne Bancorp, Inc.       47,300 1,065,669
Customers Bancorp, Inc.*       52,200 2,610,000
Dime Community Bancshares, Inc.       17,900 459,851
Enterprise Financial Services Corp.       25,000 1,300,500
Financial Institutions, Inc.       17,427 442,471
First Bancorp       4,300 173,978
First BanCorp. (Puerto Rico)       20,600 404,584
First Bank       7,800 112,164
First Busey Corp.       53,600 1,114,344
First Business Financial Services, Inc.       6,000 288,840
1
PGIM Quant Solutions Small-Cap Value Fund

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Banks (cont’d.)
First Financial Bancorp       105,551  $2,443,506
First Financial Corp.       18,759 926,695
First Internet Bancorp       2,800 59,528
First Merchants Corp.       22,800 812,592
First Mid Bancshares, Inc.       8,600 287,498
FS Bancorp, Inc.       2,400 93,840
Fulton Financial Corp.       81,000 1,351,080
Hancock Whitney Corp.       45,400 2,364,886
Hanmi Financial Corp.       86,778 1,984,613
Heritage Commerce Corp.       12,400 112,096
Home Bancorp, Inc.       900 45,306
Horizon Bancorp, Inc.       23,031 338,095
Independent Bank Corp.       2,700 159,543
Investar Holding Corp.       15,900 304,167
Mercantile Bank Corp.       4,000 169,240
Metropolitan Bank Holding Corp.*       5,600 346,808
Mid Penn Bancorp, Inc.       21,700 630,385
Midland States Bancorp, Inc.       63,200 1,028,896
Northeast Community Bancorp, Inc.       50,600 1,151,656
Northwest Bancshares, Inc.       76,000 938,600
OceanFirst Financial Corp.       16,600 274,896
OFG Bancorp (Puerto Rico)       43,800 1,723,530
Old Second Bancorp, Inc.       23,900 377,381
Origin Bancorp, Inc.       14,500 464,580
Parke Bancorp, Inc.       5,400 101,790
Pathward Financial, Inc.       6,500 515,905
PCB Bancorp       8,100 158,841
Peapack-Gladstone Financial Corp.       30,479 843,659
Peoples Bancorp, Inc.       65,900 1,911,759
RBB Bancorp       15,100 235,258
S&T Bancorp, Inc.       21,563 785,756
Shore Bancshares, Inc.       83,200 1,150,656
Sierra Bancorp       2,000 52,920
SmartFinancial, Inc.       6,800 206,856
Southern Missouri Bancorp, Inc.       800 42,120
SouthState Corp.       3,085 267,716
Third Coast Bancshares, Inc.*       57,900 1,725,420
TrustCo Bank Corp.       11,800 359,310
Trustmark Corp.       37,400 1,254,770
UMB Financial Corp.       2,500 236,425
Unity Bancorp, Inc.       12,500 517,500
Univest Financial Corp.       61,000 1,801,940
2

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Banks (cont’d.)
Valley National Bancorp       144,400  $1,241,840
Veritex Holdings, Inc.       41,800 973,104
WaFd, Inc.       29,900 853,047
Zions Bancorp NA       16,700 750,999
          58,075,059
Biotechnology 4.0%
ADMA Biologics, Inc.*       21,800 518,840
Aurinia Pharmaceuticals, Inc. (Canada)*       45,900 378,216
BioCryst Pharmaceuticals, Inc.*       54,000 477,900
CareDx, Inc.*       54,100 913,208
Catalyst Pharmaceuticals, Inc.*       33,400 811,286
Cytokinetics, Inc.*       9,600 411,264
Design Therapeutics, Inc.*       54,200 263,412
Dynavax Technologies Corp.*       72,700 854,225
Entrada Therapeutics, Inc.*       21,300 194,469
Exelixis, Inc.*       20,800 814,320
iTeos Therapeutics, Inc.*       28,000 203,000
Kiniksa Pharmaceuticals International PLC*       36,500 984,405
MiMedx Group, Inc.*       109,000 749,920
Myriad Genetics, Inc.*       84,800 628,368
Natera, Inc.*       5,100 769,743
Organogenesis Holdings, Inc.*       185,600 911,296
Puma Biotechnology, Inc.*       274,500 872,910
Rigel Pharmaceuticals, Inc.*       42,100 823,476
United Therapeutics Corp.*       2,700 818,343
Veracyte, Inc.*(a)       12,300 375,150
          12,773,751
Building Products 0.7%
Masterbrand, Inc.*       115,700 1,405,755
Resideo Technologies, Inc.*       46,900 786,982
          2,192,737
Capital Markets 0.0%
Virtus Investment Partners, Inc.       800 122,872
Chemicals 0.7%
AdvanSix, Inc.       40,400 865,368
3
PGIM Quant Solutions Small-Cap Value Fund

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Chemicals (cont’d.)
Core Molding Technologies, Inc.*       26,100  $401,418
Mativ Holdings, Inc.       122,300 624,953
Rayonier Advanced Materials, Inc.*       82,700 352,302
          2,244,041
Commercial Services & Supplies 3.7%
ABM Industries, Inc.       6,900 336,306
ACCO Brands Corp.       67,641 261,094
BrightView Holdings, Inc.*       100,900 1,384,348
Cimpress PLC (Ireland)*       28,800 1,210,176
CoreCivic, Inc.*       108,000 2,445,120
Deluxe Corp.       36,400 531,440
Ennis, Inc.       12,700 227,965
Healthcare Services Group, Inc.*       11,700 166,257
Interface, Inc.       121,600 2,286,080
Pitney Bowes, Inc.       114,300 992,124
Steelcase, Inc. (Class A Stock)       185,100 1,836,192
Virco Mfg. Corp.       5,900 54,221
          11,731,323
Communications Equipment 0.5%
CommScope Holding Co., Inc.*       384,900 1,439,526
Construction & Engineering 1.9%
Concrete Pumping Holdings, Inc.       16,800 100,800
Fluor Corp.*       21,300 743,157
Matrix Service Co.*       14,500 168,200
Northwest Pipe Co.*       33,200 1,406,352
Primoris Services Corp.       31,100 1,865,067
Tutor Perini Corp.*       80,300 1,723,238
          6,006,814
Consumer Finance 2.1%
Bread Financial Holdings, Inc.       54,000 2,562,300
Enova International, Inc.*       16,100 1,477,819
Green Dot Corp. (Class A Stock)*       26,600 222,642
Navient Corp.       24,800 307,024
PRA Group, Inc.*       47,900 876,570
4

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Consumer Finance (cont’d.)
PROG Holdings, Inc.       47,400  $1,249,464
Regional Management Corp.       4,300 141,599
          6,837,418
Consumer Staples Distribution & Retail 1.9%
Andersons, Inc. (The)       23,500 886,185
Ingles Markets, Inc. (Class A Stock)       25,405 1,567,234
United Natural Foods, Inc.*       76,700 2,048,657
Village Super Market, Inc. (Class A Stock)       40,400 1,488,740
Weis Markets, Inc.       1,600 137,584
          6,128,400
Diversified Consumer Services 3.3%
ADT, Inc.       108,100 866,962
Adtalem Global Education, Inc.*       27,900 2,962,980
Carriage Services, Inc.       9,400 375,624
Graham Holdings Co. (Class B Stock)       2,000 1,840,100
H&R Block, Inc.       2,600 156,962
Laureate Education, Inc. (Class A Stock)*       101,900 2,045,133
Perdoceo Education Corp.       79,600 1,999,552
Strategic Education, Inc.       2,300 187,634
          10,434,947
Diversified REITs 0.7%
Alexander & Baldwin, Inc.       29,100 499,938
American Assets Trust, Inc.       72,900 1,365,417
Armada Hoffler Properties, Inc.       7,900 53,483
Empire State Realty Trust, Inc. (Class A Stock)       11,100 79,032
Global Net Lease, Inc.       22,800 172,140
          2,170,010
Diversified Telecommunication Services 0.4%
IDT Corp. (Class B Stock)       7,400 371,850
Liberty Global Ltd. (Belgium) (Class A Stock)*       57,800 632,910
Liberty Global Ltd. (Belgium) (Class C Stock)*       14,000 158,760
          1,163,520
5
PGIM Quant Solutions Small-Cap Value Fund

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Electric Utilities 1.4%
Hawaiian Electric Industries, Inc.*       55,000  $577,500
NRG Energy, Inc.       10,900 1,194,422
Portland General Electric Co.       63,800 2,687,256
          4,459,178
Electrical Equipment 0.6%
Allient, Inc.       7,700 164,395
EnerSys       19,800 1,714,680
          1,879,075
Electronic Equipment, Instruments & Components 3.4%
Benchmark Electronics, Inc.       55,000 1,789,150
Kimball Electronics, Inc.*       6,000 86,040
PC Connection, Inc.       18,600 1,153,944
Plexus Corp.*       11,800 1,444,674
Sanmina Corp.*       36,800 2,825,872
ScanSource, Inc.*       50,400 1,662,696
TTM Technologies, Inc.*       97,300 1,947,946
          10,910,322
Energy Equipment & Services 0.3%
Patterson-UTI Energy, Inc.       5,300 29,892
Ranger Energy Services, Inc. (Class A Stock)       90,800 1,006,972
          1,036,864
Entertainment 0.3%
Marcus Corp. (The)       53,600 874,216
Financial Services 2.8%
Banco Latinoamericano de Comercio Exterior SA (Panama) (Class E Stock)       22,400 857,920
Enact Holdings, Inc.       49,600 1,775,184
Jackson Financial, Inc. (Class A Stock)       40,400 3,147,564
MGIC Investment Corp.       25,400 632,714
NewtekOne, Inc.(a)       52,700 548,080
Radian Group, Inc.       42,366 1,353,170
StoneCo Ltd. (Brazil) (Class A Stock)*       34,100 479,446
          8,794,078
6

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Food Products 3.4%
Calavo Growers, Inc.       35,400  $977,748
Cal-Maine Foods, Inc.       25,000 2,334,250
Dole PLC       168,800 2,564,072
Fresh Del Monte Produce, Inc.       65,600 2,231,056
Mission Produce, Inc.*       117,100 1,226,623
Pilgrim’s Pride Corp.       11,200 611,296
Seneca Foods Corp. (Class A Stock)*       7,600 681,644
Smithfield Foods, Inc.       8,500 188,785
          10,815,474
Gas Utilities 1.8%
Brookfield Infrastructure Corp. (Canada) (Class A Stock)(a)       51,200 1,916,928
Southwest Gas Holdings, Inc.       40,800 2,946,168
UGI Corp.       29,600 970,584
          5,833,680
Health Care Equipment & Supplies 0.8%
Bioventus, Inc. (Class A Stock)*       19,600 143,276
Embecta Corp.       130,200 1,587,138
ICU Medical, Inc.*       3,300 450,747
Inogen, Inc.*       25,000 178,250
Integra LifeSciences Holdings Corp.*       3,700 60,643
Omnicell, Inc.*       4,200 131,292
          2,551,346
Health Care Providers & Services 2.9%
AdaptHealth Corp.*       137,600 1,170,976
Ardent Health Partners, Inc.*       39,500 502,835
Aveanna Healthcare Holdings, Inc.*       31,200 143,832
Enhabit, Inc.*       19,800 158,202
National HealthCare Corp.       15,700 1,483,493
Option Care Health, Inc.*       74,000 2,390,940
Pediatrix Medical Group, Inc.*       114,800 1,478,624
Select Medical Holdings Corp.       5,400 98,496
Tenet Healthcare Corp.*       7,400 1,057,830
Universal Health Services, Inc. (Class B Stock)       5,300 938,471
          9,423,699
7
PGIM Quant Solutions Small-Cap Value Fund

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Health Care REITs 0.2%
Global Medical REIT, Inc.       38,600  $298,764
LTC Properties, Inc.       4,900 175,763
Sabra Health Care REIT, Inc.       8,200 146,370
          620,897
Health Care Technology 0.1%
HealthStream, Inc.       9,300 312,759
Hotel & Resort REITs 2.0%
Apple Hospitality REIT, Inc.       12,800 150,656
Braemar Hotels & Resorts, Inc.       88,700 165,869
DiamondRock Hospitality Co.       252,100 1,850,414
Pebblebrook Hotel Trust(a)       48,000 434,400
RLJ Lodging Trust(a)       242,400 1,699,224
Summit Hotel Properties, Inc.       121,800 495,726
Xenia Hotels & Resorts, Inc.       157,900 1,686,372
          6,482,661
Hotels, Restaurants & Leisure 1.0%
Brinker International, Inc.*       7,700 1,034,110
Dine Brands Global, Inc.(a)       30,800 613,228
El Pollo Loco Holdings, Inc.*       176,600 1,651,210
          3,298,548
Household Durables 0.2%
Hamilton Beach Brands Holding Co. (Class A Stock)       5,300 104,940
Lifetime Brands, Inc.       10,500 38,220
Taylor Morrison Home Corp.*       6,400 367,040
          510,200
Household Products 0.1%
Central Garden & Pet Co. (Class A Stock)*       14,700 434,679
Independent Power & Renewable Electricity Producers 0.2%
Clearway Energy, Inc. (Class C Stock)       22,300 654,282
8

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Industrial REITs 0.2%
Industrial Logistics Properties Trust       157,200  $411,864
Plymouth Industrial REIT, Inc.       21,300 316,731
          728,595
Insurance 5.2%
Axis Capital Holdings Ltd.       3,500 337,120
CNO Financial Group, Inc.       83,900 3,183,166
Employers Holdings, Inc.       15,800 767,722
Fidelis Insurance Holdings Ltd. (United Kingdom)       128,000 2,092,800
Genworth Financial, Inc. (Class A Stock)*       256,500 1,759,590
Greenlight Capital Re Ltd. (Class A Stock)*       13,000 170,495
Hamilton Insurance Group Ltd. (Bermuda) (Class B Stock)*       114,500 2,118,250
Heritage Insurance Holdings, Inc.*       65,400 1,236,060
Horace Mann Educators Corp.       2,200 91,388
Lincoln National Corp.       3,300 105,171
Mercury General Corp.       21,100 1,169,362
ProAssurance Corp.*       23,300 540,793
SiriusPoint Ltd. (Sweden)*       135,900 2,283,120
United Fire Group, Inc.       2,700 74,709
Universal Insurance Holdings, Inc.       31,800 770,832
          16,700,578
Interactive Media & Services 0.1%
Outbrain, Inc.*       111,800 395,772
IT Services 0.8%
ASGN, Inc.*       22,600 1,138,588
DXC Technology Co.*       47,500 737,200
Hackett Group, Inc. (The)       27,800 710,012
Information Services Group, Inc.       22,600 87,688
          2,673,488
Life Sciences Tools & Services 0.2%
Bio-Techne Corp.       14,300 720,005
Machinery 2.3%
Allison Transmission Holdings, Inc.       7,900 728,696
Eastern Co. (The)       1,500 31,485
Greenbrier Cos., Inc. (The)       35,200 1,493,184
9
PGIM Quant Solutions Small-Cap Value Fund

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Machinery (cont’d.)
L.B. Foster Co. (Class A Stock)*       2,000  $39,940
Lindsay Corp.       8,800 1,135,728
Oshkosh Corp.       8,800 737,088
Park-Ohio Holdings Corp.       2,500 49,775
REV Group, Inc.(a)       44,100 1,442,070
Trinity Industries, Inc.       20,600 517,060
Twin Disc, Inc.       6,000 44,040
Worthington Enterprises, Inc.       21,800 1,103,734
          7,322,800
Marine Transportation 1.5%
Costamare, Inc. (Monaco)       186,400 1,739,112
Matson, Inc.       22,600 2,465,434
Pangaea Logistics Solutions Ltd.       145,800 587,574
          4,792,120
Media 2.1%
Advantage Solutions, Inc.*       134,500 180,230
Cable One, Inc.       3,000 801,810
EW Scripps Co. (The) (Class A Stock)*       172,400 346,524
Gray Media, Inc.       485,800 1,627,430
Nexstar Media Group, Inc.(a)       5,200 778,232
TEGNA, Inc.       183,700 2,981,451
          6,715,677
Metals & Mining 0.7%
Alpha Metallurgical Resources, Inc.*       900 109,215
Commercial Metals Co.       1,500 66,810
Olympic Steel, Inc.       4,900 158,025
SunCoke Energy, Inc.       209,300 1,896,258
          2,230,308
Mortgage Real Estate Investment Trusts (REITs) 1.5%
Advanced Flower Capital, Inc.(a)       54,800 301,948
AG Mortgage Investment Trust, Inc.       120,500 786,865
Chimera Investment Corp.       62,333 769,189
Nexpoint Real Estate Finance, Inc.       7,000 102,410
PennyMac Mortgage Investment Trust(a)       36,300 466,092
10

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Mortgage Real Estate Investment Trusts (REITs) (cont’d.)
TPG RE Finance Trust, Inc.       72,200  $551,608
Two Harbors Investment Corp.(a)       161,400 1,915,818
          4,893,930
Multi-Utilities 2.1%
Avista Corp.       64,800 2,687,256
Black Hills Corp.       13,600 828,240
Northwestern Energy Group, Inc.       57,100 3,324,933
          6,840,429
Office REITs 1.0%
City Office REIT, Inc.       96,400 489,712
COPT Defense Properties       34,200 892,962
Douglas Emmett, Inc.       30,100 416,283
Paramount Group, Inc.       196,800 844,272
Piedmont Office Realty Trust, Inc. (Class A Stock)       93,700 553,767
          3,196,996
Oil, Gas & Consumable Fuels 2.5%
Amplify Energy Corp.*       21,100 54,860
Berry Corp.       357,000 885,360
Murphy Oil Corp.       69,500 1,426,835
Peabody Energy Corp.(a)       86,800 1,071,112
Teekay Corp. Ltd. (Bermuda)       339,900 2,450,679
Teekay Tankers Ltd. (Canada) (Class A Stock)       16,200 689,634
World Kinect Corp.       56,500 1,417,585
          7,996,065
Passenger Airlines 1.4%
Allegiant Travel Co.       25,800 1,210,794
SkyWest, Inc.*       24,968 2,226,397
Sun Country Airlines Holdings, Inc.*       119,300 1,169,140
          4,606,331
Personal Care Products 1.0%
Herbalife Ltd.*       209,900 1,511,280
11
PGIM Quant Solutions Small-Cap Value Fund

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Personal Care Products (cont’d.)
Nu Skin Enterprises, Inc. (Class A Stock)       239,000  $1,512,870
USANA Health Sciences, Inc.*       9,600 269,664
          3,293,814
Pharmaceuticals 3.8%
Amneal Pharmaceuticals, Inc.*       262,500 2,010,750
Harmony Biosciences Holdings, Inc.*       14,900 439,103
Innoviva, Inc.*       123,400 2,306,346
Jazz Pharmaceuticals PLC*       7,500 877,200
Phibro Animal Health Corp. (Class A Stock)       86,100 1,602,321
Prestige Consumer Healthcare, Inc.*       41,700 3,387,291
Supernus Pharmaceuticals, Inc.*       43,900 1,425,872
          12,048,883
Professional Services 0.9%
Conduent, Inc.*       348,900 736,179
Heidrick & Struggles International, Inc.       11,800 460,436
IBEX Holdings Ltd.*       67,900 1,700,216
          2,896,831
Real Estate Management & Development 1.0%
Cushman & Wakefield PLC*       58,400 547,208
Jones Lang LaSalle, Inc.*       2,600 591,266
Newmark Group, Inc. (Class A Stock)       83,800 920,962
RE/MAX Holdings, Inc. (Class A Stock)*       163,500 1,250,775
          3,310,211
Retail REITs 0.1%
CBL & Associates Properties, Inc.       13,100 307,457
Semiconductors & Semiconductor Equipment 0.7%
ACM Research, Inc. (Class A Stock)*       28,400 552,948
Cirrus Logic, Inc.*       3,000 288,120
Photronics, Inc.*(a)       68,300 1,247,841
          2,088,909
Software 3.1%
ACI Worldwide, Inc.*       18,000 960,480
12

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Software (cont’d.)
Adeia, Inc.       21,000  $258,510
Consensus Cloud Solutions, Inc.*       75,900 1,507,374
EverCommerce, Inc.*       10,700 104,432
I3 Verticals, Inc. (Class A Stock)*       3,900 97,968
NCR Voyix Corp.*       19,800 169,686
Olo, Inc. (Class A Stock)*       286,600 1,776,920
OneSpan, Inc.       117,700 1,750,199
Ooma, Inc.*       116,700 1,427,241
Teradata Corp.*       10,600 227,900
Verint Systems, Inc.*       84,000 1,481,760
          9,762,470
Specialized REITs 1.8%
EPR Properties       5,800 287,042
National Storage Affiliates Trust       18,100 673,320
Outfront Media, Inc.(a)       135,419 2,048,890
Rayonier, Inc.       7,800 190,788
Safehold, Inc.       33,795 532,271
Uniti Group, Inc.       395,900 1,947,828
          5,680,139
Specialty Retail 0.3%
Sally Beauty Holdings, Inc.*       56,800 462,352
Sonic Automotive, Inc. (Class A Stock)       3,700 224,664
Urban Outfitters, Inc.*(a)       6,300 332,514
          1,019,530
Technology Hardware, Storage & Peripherals 0.6%
Eastman Kodak Co.*       65,100 409,479
Immersion Corp.       225,700 1,631,811
          2,041,290
Textiles, Apparel & Luxury Goods 1.1%
Crocs, Inc.*(a)       8,600 829,212
G-III Apparel Group Ltd.*       82,200 2,073,084
Rocky Brands, Inc.       26,900 575,391
          3,477,687
13
PGIM Quant Solutions Small-Cap Value Fund

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
Tobacco 0.2%
Universal Corp.       11,300  $658,451
Trading Companies & Distributors 1.7%
BlueLinx Holdings, Inc.*       6,200 403,868
DNOW, Inc.*       133,600 2,120,232
DXP Enterprises, Inc.*       13,200 1,167,672
MRC Global, Inc.*       58,000 675,700
Rush Enterprises, Inc. (Class A Stock)       17,800 907,622
          5,275,094
     
 
Total Common Stocks
(cost $337,978,462)
317,548,727
Unaffiliated Exchange-Traded Fund 0.4%
iShares Russell 2000 Value ETF(a)
(cost $1,281,377)
      8,800 1,274,240
     
 
 
Total Long-Term Investments
(cost $339,259,839)
318,822,967
 
Short-Term Investments 5.1%
Affiliated Mutual Funds 
PGIM Core Government Money Market Fund (7-day effective yield 4.478%)(wb)     1,128,634 1,128,634
PGIM Institutional Money Market Fund (7-day effective yield 4.540%)
(cost $15,112,491; includes $15,058,347 of cash collateral for securities on loan)(b)(wb)
    15,124,174 15,113,587
     
 
 
Total Short-Term Investments
(cost $16,241,125)
16,242,221
 
TOTAL INVESTMENTS 104.8%
(cost $355,500,964)
        335,065,188
Liabilities in excess of other assets (4.8)% (15,394,671)
 
Net Assets 100.0% $319,670,517

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
  ETF—Exchange-Traded Fund
  REITs—Real Estate Investment Trust
    
* Non-income producing security.
14

PGIM Quant Solutions Small-Cap Value Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
(a) All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $14,609,501; cash collateral of $15,058,347 (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).
15
PGIM Quant Solutions Small-Cap Value Fund