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

Bottom-up, research-driven approach focusing on business evaluation and identification of growth catalysts
Strict adherence to absolute and relative valuations based on projected strong earnings growth on an intermediate to long-term basis
Portfolio of small cap companies built to weather different market conditions

Characteristics & Performance

Composite Inception	4/30/1998
Strategy AUM	$2.6 Billion as of 6/30/25
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.