655 Broad Street
Newark, NJ, United States
Terence Wheat, CFA, is a Managing Director and Co-Head of U.S. Investment Grade Corporate Bond Team at PGIM Fixed Income. Mr. Wheat is responsible for day-to-day decisions for the U.S. Investment Grade Corporate bond portfolios and U.S. corporate relative value decisions. Mr. Wheat is focused on corporate portfolios across the curve as well as long duration. Previously, he held several positions as a portfolio manager for U.S. Investment Grade Corporates, Global High Yield, and Emerging Markets Corporate portfolios at the Firm. Prior to that, he was a high yield portfolio manager for the Firm's High Yield Team for six years. Mr. Wheat also spent 12 years as a credit analyst in the Firm's Credit Research Group, where he was responsible for the consumer products, gaming and leisure, retail, supermarkets, and textile/apparel industries. Mr. Wheat covered high yield bonds from 1998 to 2003, and investment grade issues from 1993 to 1998. Earlier, he worked for the Firm’s Financial Management Group. Mr. Wheat joined the Firm in 1988. He received a BS in Accounting and an MBA from Rider University and holds the Chartered Financial Analyst (CFA) designation.
All information as of November 2023. For purposes of the biographies, the “Firm” is defined as Prudential Financial, Inc. ("PFI"). All PGIM and Prudential named entities are subsidiaries or affiliates of PFI. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.