Small Cap Core

Equity

Small Cap Core

Jennison’s Small Cap Core Equity Strategy webpage provides an overview of the strategy, its objective, and investment philosophy.

Factsheet

Looking modern office building from below.

Overview

A research-intensive approach is used to build diversified portfolios with stocks in a variety of different industries and sectors
The team seeks to uncover companies that have attractive valuations and should experience solid earnings growth on an intermediate-term basis
The underlying philosophy is to buy businesses rather than just stocks

Characteristics & Performance

Composite Inception	4/30/1998
Strategy AUM	$2.3 Billion as of 3/31/25
Benchmark	Russell 2000® Index
Holdings Range	Typically 110 – 135
Avg. Position Size	<2.5%
Turnover	40– 60% under normal market conditions
Active Share	Typically >90%
Cash	<5%

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

Collective Investment Trust

Investment Team

Our Small Cap team includes three portfolio managers and a team of professionals. The investment universe is divided by sectors and/or industries, with individual team members having responsibility within their areas of expertise. Portfolio managers and analysts continually discuss the merits and risks of each security, reviewing the fundamental outlook and stock valuation. This interactive process leverages the knowledge and skill of the entire investment team.