Sources of data (unless otherwise noted) are as of 3/31/2020.

All Assets Under Management are net unless otherwise noted. 1. Includes $15 billion in assets managed by PGIM Fixed Income for affiliated businesses, $112 billion in PGIM Japan assets, and $128 million of which is sub-advised by PGIM Private Capital. 2. Includes equity $91  billion, public fixed income $64  billion, and private credit and other alternatives $398 million. 3. Includes $58 billion in directly managed mandates, $33 billion of institutional and retail assets managed by various affiliated and third party managers. 4. Net AUM is $118.7B and AUA is $37.9B. Totals reflect gross AUM and include AUA. 5. Sub-advised by other PGIM business units and included in their totals. 6. Represents total combined assets of the PGIM Global Partners businesses, including $82 billion from joint ventures in which PFI does not have a controlling interest, and therefore does not correspond to assets under management and administration as reported by PFI. AUM also includes $5 billion in assets sub-advised by other PGIM units and included in their totals.

Alpha indicates the performance, positive or negative, of an investment when compared against an appropriate standard, typically a group of investments known as a market index. Real assets consist of investments and strategies in infrastructure, real estate, agriculture and timber.