Equity

Utility Equity

A comprehensive approach to utility investing

Photovoltaic panels in front of city night lights

Overview

  • Jennison has been a pioneer in utility investing managing one of the largest US utility mutual fund strategies since the 1990s
  • Broader definition of the universe enables us to invest in traditional, regulated utility companies, but also incorporates a broader universe to include midstream infrastructure, telecom services/infrastructure companies

Characteristics & Performance

Composite Inception7/31/1994
Strategy AUM$3.2 Billion as of 3/31/25
Benchmark S&P Composite 1500 Utilities Index
Holdings RangeTypically 30 – 50

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, which includes fee information and criteria for composite performance creation.

Available Vehicles

Institutional 

Separate Account

US Mutual Fund

Investment Team

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.

Bobby Edemeka

Managing Director

Shaun Hong, CFA

Managing Director

Jesse Chai, CFA

Principal

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Asia-Pacific Industrials and Infrastructure

Insoo Kim, CFA

Managing Director

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North American Utilities and Renewable Energy

Robert Petrie

Managing Director

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US & European Telecommunications

Brannon P. Cook

Managing Director

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Global Industrials/Transportation Infrastructure

Stephen J. Maresca, CFA

Managing Director

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Energy Infrastructure

Abhi Kamerkar

Managing Director

Equity

UTILITY EQUITY

A comprehensive approach to utility investing

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