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AVGO - PGIM Jennison Blend Fund Q1 2025 Commentary
Broadcom Inc.
2025-05-09 11:30:00 ET
Summary
The PGIM Jennison Blend Fund underperformed the -4.7% return of the Russell 3000 Index during the quarter.
Stock selection within the Information Technology, Financials, Health Care, and Consumer Staples sectors detracted the most.
From a small-cap perspective, the team continues to identify attractively valued companies that have strong fundamentals, along with stable and high-quality balance sheets and profit margins.