The Spectrum of Growth
Great growth companies are rare, prized, and often misunderstood. Investors can understand their patterns of performance to make better-informed decisions.
Composite Inception
7/31/1994
Strategy AUM
$3.4 Billion as of 9/30/24
Benchmark
S&P Composite 1500 Utilities Index
Holdings Range
Typically 30 – 50
Institutional Separate Account
US Mutual Fund
Our Utility team is a part of Jennison’s Value investment suite which also includes our Large Cap Value, Focused Value, Core Equity, Equity Income, Rising Dividend, Global Infrastructure, MLP and Global Natural Resources strategies. Jennison has been a pioneer in utility investing with a history dating back to the 1970’s and has been managing one of the largest utility strategies in the US since the 1990’s. Our investment teams’ extensive experience within the utility and telecommunication sectors, which have historically been dividend-oriented sectors, is complemented by our midstream energy infrastructure experience.
Great growth companies are rare, prized, and often misunderstood. Investors can understand their patterns of performance to make better-informed decisions.
Jennison’s Global Equity team believes holdings should earn their place in the portfolio every day.
Performance Disclosures: Past performance does not guarantee future results. Performance results are calculated in US dollars and reflect reinvestment of dividends and other earnings. Periods greater than one year are annualized. Please refer to the GIPS presentation for additional details, important performance information and disclosures.