PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments  (unaudited)
as of May 31, 2026
Description       Shares Value
Long-Term Investments 99.8%
Common Stocks 
Aerospace & Defense 6.2%
Axon Enterprise, Inc.*(a)       74,251  $33,317,909
BWX Technologies, Inc.       114,723 22,471,941
Karman Holdings, Inc.*(a)       338,897 19,486,577
Rocket Lab Corp.*(a)       136,293 19,555,320
Woodward, Inc.       48,389 16,937,602
          111,769,349
Banks 1.0%
East West Bancorp, Inc.       152,448 18,680,978
Beverages 1.3%
Celsius Holdings, Inc.*(a)       695,688 23,145,540
Biotechnology 5.8%
Argenx SE (Netherlands), ADR*       25,263 21,119,615
Insmed, Inc.*       225,436 24,101,363
Natera, Inc.*       186,122 41,574,071
Roivant Sciences Ltd.*(a)       571,391 17,136,016
          103,931,065
Building Products 1.0%
Zurn Elkay Water Solutions Corp.(a)       397,101 18,663,747
Capital Markets 2.3%
Houlihan Lokey, Inc.       114,805 16,263,276
LPL Financial Holdings, Inc.       87,818 24,041,934
          40,305,210
Communications Equipment 2.3%
Arista Networks, Inc.*       167,863 26,769,112
Lumentum Holdings, Inc.*       15,855 13,555,391
          40,324,503
Construction & Engineering 7.3%
Comfort Systems USA, Inc.       25,695 46,975,856
Quanta Services, Inc.       116,981 83,258,887
          130,234,743
Consumer Staples Distribution & Retail 2.7%
Casey’s General Stores, Inc.(a)       6,750 5,178,195
Performance Food Group Co.*(a)       432,596 42,476,601
          47,654,796
Electrical Equipment 5.4%
AMETEK, Inc.       106,202 23,985,721
Generac Holdings, Inc.*       104,857 29,140,809
Rockwell Automation, Inc.(a)       97,096 43,796,122
          96,922,652
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments  (unaudited) (continued)
as of May 31, 2026
Description       Shares Value
Common Stocks (Continued)
Electronic Equipment, Instruments & Components 2.1%
Celestica, Inc. (Canada)*       48,636  $18,743,828
Teledyne Technologies, Inc.*(a)       31,050 19,245,722
          37,989,550
Entertainment 4.5%
Live Nation Entertainment, Inc.*(a)       137,432 23,144,923
ROBLOX Corp. (Class A Stock)*       192,882 9,094,386
Take-Two Interactive Software, Inc.*       212,852 47,712,905
          79,952,214
Financial Services 0.9%
Toast, Inc. (Class A Stock)*       608,959 15,851,203
Health Care Equipment & Supplies 1.6%
Align Technology, Inc.*(a)       59,297 10,374,010
Edwards Lifesciences Corp.*       214,184 18,520,491
          28,894,501
Health Care Providers & Services 1.5%
Cencora, Inc.       99,596 26,827,179
Hotels, Restaurants & Leisure 8.0%
Churchill Downs, Inc.       382,010 33,315,092
Domino’s Pizza, Inc.(a)       38,130 11,842,415
Dutch Bros, Inc. (Class A Stock)*(a)       404,762 23,476,196
Hilton Worldwide Holdings, Inc.       202,699 66,416,354
Texas Roadhouse, Inc.       49,004 8,851,103
          143,901,160
Independent Power & Renewable Electricity Producers 3.1%
Vistra Corp.       347,751 55,720,143
IT Services 5.3%
Cloudflare, Inc. (Class A Stock)*       298,889 72,277,339
MongoDB, Inc.*       28,868 9,686,657
Snowflake, Inc.*       51,809 13,239,790
          95,203,786
Life Sciences Tools & Services 2.1%
Illumina, Inc.*       174,433 28,425,602
Repligen Corp.*(a)       72,260 8,956,627
          37,382,229
Machinery 2.9%
RBC Bearings, Inc.*       91,177 52,149,597
Oil, Gas & Consumable Fuels 2.0%
Permian Resources Corp. (Class A Stock)       1,281,641 24,645,956
Targa Resources Corp.(a)       41,053 10,471,389
          35,117,345
Real Estate Management & Development 1.1%
CBRE Group, Inc. (Class A Stock)*       155,083 19,391,578
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments  (unaudited) (continued)
as of May 31, 2026
Description       Shares Value
Common Stocks (Continued)
Semiconductors & Semiconductor Equipment 9.9%
Credo Technology Group Holding Ltd.*       106,133  $25,050,572
Entegris, Inc.(a)       97,095 13,475,815
Lattice Semiconductor Corp.*(a)       332,270 48,870,272
Microchip Technology, Inc.       234,980 22,240,857
Monolithic Power Systems, Inc.(a)       43,217 67,686,897
          177,324,413
Software 8.1%
Cadence Design Systems, Inc.*       39,223 14,705,880
Crowdstrike Holdings, Inc. (Class A Stock)*       45,317 33,126,727
Datadog, Inc. (Class A Stock)*       250,789 62,032,659
Procore Technologies, Inc.*(a)       186,555 9,232,607
Samsara, Inc. (Class A Stock)*(a)       543,586 19,020,074
Terawulf, Inc.*       281,856 7,204,239
          145,322,186
Specialty Retail 7.6%
Burlington Stores, Inc.*       213,425 69,113,418
Chewy, Inc. (Class A Stock)*       433,260 9,765,680
Five Below, Inc.*       61,089 13,889,195
O’Reilly Automotive, Inc.*       499,663 43,410,722
          136,179,015
Technology Hardware, Storage & Peripherals 0.4%
IonQ, Inc.*(a)       110,333 7,951,699
Textiles, Apparel & Luxury Goods 3.4%
On Holding AG (Switzerland) (Class A Stock)*       1,188,202 48,502,405
Ralph Lauren Corp.       32,843 11,951,568
          60,453,973
     
 
 
Total Long-Term Investments
(cost $1,238,225,901)
1,787,244,354
 
Short-Term Investments 18.8%
Affiliated Mutual Funds 
PGIM Core Government Money Market Fund (7-day effective yield 3.757%)(wb)     9,497,225 9,497,225
PGIM Institutional Money Market Fund (7-day effective yield 3.818%)
(cost $328,148,217; includes $327,378,121 of cash collateral for securities on loan)(b)(wb)
    328,381,715 328,151,847
     
 
 
Total Short-Term Investments
(cost $337,645,442)
337,649,072
 
TOTAL INVESTMENTS118.6%
(cost $1,575,871,343)
        2,124,893,426
Liabilities in excess of other assets (18.6)% (333,275,489)
 
Net Assets 100.0% $1,791,617,937

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
   
ADR—American Depositary Receipt
    
* Non-income producing security.
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments  (unaudited) (continued)
as of May 31, 2026
(a) All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $318,259,392; cash collateral of $327,378,121 (included in liabilities) was received with which the Fund purchased highly liquid short-term investments. In the event of significant appreciation in value of securities on loan on the last business day of the reporting period, the Fund may reflect a collateral value that is less than the market value of the loaned securities and such shortfall is remedied the following business day.
(b) Represents security, or portion thereof, purchased with cash collateral received for securities on loan and includes dividend reinvestment.
(wb) Represents an investment in a Fund affiliated with the Manager. 
Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
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