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PGIM Real Assets Fund (PUDAX) proxy voting record 2026

Three ballots cast this season by the funds inside it. Vote first, then see what they did with the shares your savings paid for.

The question on the ballot

As filed

Prudential Investment Portfolios 3 files a notice for this fund: it holds other funds and casts no votes of its own. The record on this page comes from the funds inside it, weighted as this fund reports holding them — the shares your retirement savings paid for were voted there.

Folded fromPGIM Select Real Estate Fund (21.69%), PGIM Jennison Natural Resources Fund (8.04%), PGIM Quant Solutions Commodity Strategies Fund (21.7%), PGIM TIPS Fund (22.37%), PGIM Global Real Estate Fund (5.18%), PGIM Jennison Energy Infrastructure Fund (7.07%), PGIM Jennison Global Infrastructure Fund (7.5%) · each ballot on this page names the fund that cast it and links to its filing · this fund’s own filing is a notice: open it

TickersPUDAX (Class A), PUDCX (Class C), PUDZX (Class Z), PUDQX (Class R6) · share classes of one fund, with one proxy-voting record · as listed in its latest SEC filing of proxy votes

How it voted, by issue

Fund companies sometimes file the same proposal under different subjects. So that funds can be compared, each proposal is counted under the subject most of the filings we read gave it, the same for every fund on this site. On management's own executive pay resolutions, this fund voted in favour 93.8% of the time across 192 votes.

IssueProposals facedBackedShare backed
Climate & environment1715.9%
Workers & human rights200%
Pay equity & inclusion200%
Corporate governance14964.3%
Other social issues2150%

What it holds

The largest positions this fund reported, as a share of the fund. Your slice of each is that percentage of your balance.

Company% of fund
United States of America - Bureau of the Public Debt39.26%
(PIPA070) PGIM Core Government Money Market Fund5.11%
Welltower Inc2.24%
Equinix Inc1.97%
Prologis Inc1.71%
Simon Property Group Inc1.10%
Williams Companies Inc (the)0.92%
First Industrial Realty Trust Inc0.85%
Ice Futures Europe0.82%
Iron Mountain Inc (Reit)0.80%
Goodman Group0.78%
American Healthcare Reit Inc0.78%

SourcePortfolio holdings as reported by the fund for 2026-04-30 · open the filing

Ballots the funds inside it voted

Equinor ASA · 12 May 2026 · put on the ballot by shareholder · Climate & environment

Should Equinor ASA publish a fuller account of its emissions and how it plans to cut them?

Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.

AGAINST  PGIM Jennison Natural Resources Fund voted with 186,380 shares — a fund held inside PGIM Real Assets Fund

“Shareholder Proposal Regarding GHG Targets and Alignment with the Paris Agreement”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrudential Jennison Natural Resources Fund · accession 0000816753-26-000001 · series S000004515 · open the filing

Equinor ASA · 12 May 2026 · put on the ballot by shareholder · Climate & environment

Should Equinor ASA publish a fuller account of its emissions and how it plans to cut them?

Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.

AGAINST  PGIM Jennison Natural Resources Fund voted with 186,380 shares — a fund held inside PGIM Real Assets Fund

“Shareholder Proposal Regarding Splitting Renewable Energy from the Company”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrudential Jennison Natural Resources Fund · accession 0000816753-26-000001 · series S000004515 · open the filing

Chevron Corporation · 27 May 2026 · put on the ballot by shareholder · Workforce & human rights

Should Chevron assess the human rights risks its own operations create?

Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.

AGAINST  PGIM Jennison Natural Resources Fund voted with 165,629 shares — a fund held inside PGIM Real Assets Fund

“Commission a Third-Party Report on Human Rights Processes”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrudential Jennison Natural Resources Fund · accession 0000816753-26-000001 · series S000004515 · open the filing

Chevron Corporation · 27 May 2026 · put on the ballot by shareholder · Workforce & human rights

Report on Indigenous Peoples Rights

AGAINST  PGIM Jennison Natural Resources Fund voted with 165,629 shares — a fund held inside PGIM Real Assets Fund

“Report on Indigenous Peoples Rights”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrudential Jennison Natural Resources Fund · accession 0000816753-26-000001 · series S000004515 · open the filing

Constellation Energy Corporation · 28 April 2026 · put on the ballot by shareholder · Pay equity & inclusion

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AGAINST  PGIM Jennison Energy Infrastructure Fund voted with 30,314 shares — a fund held inside PGIM Real Assets Fund

“To consider a shareholder proposal (if properly presented) requesting a report assessing the bases for the company's diversity, equity and inclusion”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrudential Investment Portfolios 18 · accession 0001052118-26-000001 · series S000043468 · open the filing

DT Midstream, Inc. · 5 May 2026 · put on the ballot by shareholder

Should DT Midstream’s shareholders be able to act without waiting for a meeting?

Shareholders asked for the right to act by written consent — to approve a measure once holders of enough shares agree in writing, instead of waiting for the company to schedule a meeting.

FOR  PGIM Jennison Energy Infrastructure Fund voted with 242,930 shares — a fund held inside PGIM Real Assets Fund

“Stockholder Proposal on Shareholder Right to Act by Written Consent.”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrudential Investment Portfolios 18 · accession 0001052118-26-000001 · series S000043468 · open the filing

Exxon Mobil Corporation · 27 May 2026 · put on the ballot by shareholder

Should the person who runs Exxon Mobil also chair the board that supervises them?

Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.

FOR  PGIM Jennison Natural Resources Fund voted with 241,063 shares — a fund held inside PGIM Real Assets Fund

“Independent Chair, a proposal overwhelmingly defeated on 16 separate occasions since 2000”

SourcePrudential Jennison Natural Resources Fund · accession 0000816753-26-000001 · series S000004515 · open the filing

Steel Dynamics, Inc. · 6 May 2026 · put on the ballot by shareholder · Social

Should Steel Dynamics disclose the politics its money pays for?

Shareholders asked the company to publish its political spending — direct contributions and money routed through trade associations and other third parties — and whether that spending matches the values the company states publicly.

FOR  PGIM Jennison Natural Resources Fund voted with 100,835 shares — a fund held inside PGIM Real Assets Fund

“Shareholder proposal - avoid political spending brand damage”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourcePrudential Jennison Natural Resources Fund · accession 0000816753-26-000001 · series S000004515 · open the filing

Retirement plans that offer it

Stifel Financial 401(k)7 funds we can trace

Vote these ballots yourself

See how you would have voted, then what this fund did — one card at a time. Open the full ballot deck for this fund →