The Fund Grade · free · no account needed
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
PGIM Jennison Mid-Cap Growth R6
#192 of 500 graded active funds · growth · mid segment peer group
The point · specialist footprint
PJGQX puts less of its book behind proven specialists than 75% of graded funds.
Bottom 20%
● Bottom 40%
Middle
Top 40%
Top 20%
That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.
10,000+ funds tracked · the graded specialists among them drive every read
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
PJGQX vs the Honor Roll · share card ↗Conviction exposure
8%
of the book in specialist-converged names
Late-stage weight
31.9%
of the book in Crowded or Fading names
Active share
95.4%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
PGIM Jennison Mid-Cap Growth R6 earns a B grade with only 8% specialist share, meaning most of its owners are generalists. The early story here is PWR and NET, where specialists are building conviction, but five positions including BURL, MPWR, and ONON are all fading, representing over 14% of the fund combined.
→ Watch the combined 14% weight in BURL, MPWR, RBC, and ONON closely, as specialists are actively leaving all four positions.
→ Higher graded funds exist within the same PGIM family, so comparing grades before adding new money is worthwhile.
Support leaving these positions
Same family, higher grade
Read from today's disclosed book. Evidence, not advice.