The Fund Grade · free · no account needed
What grade does PRUAX get?
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 Utility Fund Class A
#8 of 500 graded active funds · blend · mid segment peer group
The point · specialist footprint
PRUAX sits mid pack for specialist backing among graded funds.
Bottom 20%
Bottom 40%
● Middle
Top 40%
Top 20%
The middle rungs sat between the extremes, and the pattern was monotonic: every step up in specialist backing came with better subsequent results. Not damning, not compelling. The fee decides whether it is worth it.
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.
PRUAX vs the Honor Roll · share card ↗Conviction exposure
25.1%
of the book in specialist-converged names
Late-stage weight
61.4%
of the book in Crowded or Fading names
Active share
97.2%
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 Utility Fund ranks 8 out of 500 graded funds with an A grade, a genuinely strong result. The concern is that five of its largest positions, including NEE at 12.1% and SRE, VST, CNP, and SO, are all in Fading stage, meaning specialists are pulling back. Small early positions in PPL and ATO offer a glimpse of where the fund is quietly getting ahead.
→ Watch the combined 32.7% weight in NEE, SRE, VST, CNP, and SO closely, as specialists are actively leaving all five positions.
→ Note that PPL and ATO are Emerging stage holdings where the fund is genuinely early, worth tracking for position size increases.
Support leaving these positions
Read from today's disclosed book. Evidence, not advice.