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PDGGX

$--
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1d
1w
1m

Analysis and statistics

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About

PDGGX.US refers to the PGIM Jennison Global Growth Fund Class R6. It's a mutual fund offered by PGIM, the global investment management business of Prudential Financial. The fund generally invests in equity securities of companies located around the world, including the United States, that Jennison Associates, the sub-adviser, believes have above-average potential for growth.
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Factors

Market Interest Rates: Rising rates typically decrease bond values, lowering PDGGX's price, while falling rates increase them.

Credit Quality: Downgrades in the creditworthiness of bonds held by PDGGX can reduce its net asset value (NAV).

Economic Outlook: Strong economic growth often leads to higher inflation expectations, potentially pushing bond yields up and prices down.

Inflation Expectations: Higher inflation erodes bond values, impacting PDGGX negatively as investors demand higher yields to compensate.

Fund Flows: Large outflows can force the fund manager to sell assets, potentially driving down the price, while inflows can have the opposite effect.

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