Prudential Jennison Mid-Cap Growth Fund, Inc. has released its latest portfolio update, reflecting its ongoing strategies in the investment landscape. The fund's total assets are reported at approximately $1.85 billion, with net assets amounting to around $1.66 billion. This update is significant as it underscores the fund's commitment to growth within the mid-cap investment sector, which is becoming increasingly competitive.
The filing, dated October 29, 2026, reveals that Prudential Jennison Mid-Cap Growth Fund is focused on maintaining a robust asset management strategy. The fund's total liabilities are reported at approximately $197 million, indicating a healthy balance sheet. The fund is registered under the SEC Act of 1940, with the filing number 811-07811.
BACKGROUND
Prudential Jennison Mid-Cap Growth Fund, Inc. is an investment fund based in Newark, New Jersey. The company operates under the Central Index Key (CIK) 0001022624. It is primarily engaged in managing investments in mid-cap growth stocks, aiming to provide capital appreciation to its shareholders. The fund has undergone several name changes in its history, reflecting its evolving investment strategies.
WHAT THE FILING SAYS
The recent filing indicates that the fund's total assets as of August 31, 2026, are approximately $1,854,560,257, while its total liabilities stand at around $197,224,225. The net assets are reported to be approximately $1,657,336,032. The filing also highlights the fund's investment focus, with a significant portion allocated to various equities.
IMPACT
This update may affect investors and stakeholders in the mid-cap investment sector, as it provides insight into Prudential Jennison Mid-Cap Growth Fund's asset management strategies. The fund's performance and strategies may influence other firms in the industry as they adapt to market conditions. Key borrowers mentioned in the filing include Citigroup Global Markets Inc, Goldman Sachs & Co. LLC, and Wells Fargo Bank, among others.
WHAT'S NEXT
The filing does not say what happens next.
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