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IDEXY - PGIM Jennison Growth Fund Q4 2024 Commentary
Industria De Diseno Textil SA ADR
2025-03-31 06:55:00 ET
Summary
The PGIM Jennison Growth Fund rose 6.5%, slightly underperforming the Russell 1000 Growth Index, which increased 7.1% in the fourth quarter.
Stock selection in the Consumer Staples and Information Technology sectors benefited relative returns while stock selection in the Healthcare and Consumer Discretionary sectors detracted from relative results.
We remain optimistic on the sector in general and the emerging opportunities to monetize generative AI through software and across industries in the years ahead.