Skip to main content
PGIM InvestmentsPGIM Investments
  • Overview
    • Newsroom
    • PGIM Custom Harvest
    • PGIM Fixed Income
    • PGIM Real Estate
    • PGIM Quantitative Solutions
    • Jennison Associates
    • Mutual Funds
    • ETFs
    • Target Date Funds
    • Closed-End Funds
    • Separately Managed Accounts
    • Thought Leadership
    • Events and Webinars
    • On the Markets
    • Investment Themes
  • Overview
    • Forms
    • Tax Center
    • Corporate Actions
    • Open Mutual Funds Account
    • Continuing Education Credits
    • Overview
    • DCIO Mutual Funds
    • DCIO Target Date Funds
    • Defined Contribution Insights
  • Contact
Buildings

PGIM INVESTMENTS ABOUT USPGIMINVESTMENTSABOUTUS

At PGIM Investments, we help meet the financial needs of investors by offering investment strategies across the global markets.

The Managers

One of the largest and most experienced public fixed-income managers in the industry.

Assets: $759 Billion

Visit PGIM Fixed Income

Global leader in public and private real estate equity investments with deep knowledge of local and regional markets.

AUM & AUA: $204 Billion

Visit PGIM Real Estate

Leading fundamental equity and fixed income manager featuring growth, value, blend, global and speciality strategies.

Assets: $164 Billion

Visit Jennison Associates

A pioneer of quantitative investing, providing equity and dynamic asset allocation solutions.

Assets: $81 Billion

Visit PGIM Quantitative Solutions

PGIM Funds Awards

PGIM funds have been recognized for outstanding performance.

Visit Awards Page

OUR FEATURED FUNDS


Fund

Morningstar
Overall Rating™
Morningstar Rankings
1-Year
3-Year
5-Year
10-Year
15-Year

Unless otherwise disclosed, all information is current as of 9/30/2022.

  1. Prudential Financial, Inc. is the 11th-largest investment manager (out of 444) in terms of global AUM based on the Pensions & Investments Top Money Managers list published on 06/06/2022. This ranking represents assets managed by Prudential Financial, Inc. as of 12/31/2021.
  2. PGIM data, as of  9/30/2022.
  3. Based on PGIM client list as of  September 30, 2022 compared to P&I/Thinking Ahead Institutes 300 Global Pension Funds ranking, data as of December 31, 2021, published September 2022. US funds data was sourced from the P&I 1000, while figures for other regions were sourced from annual reports, websites, and direct communications with pension fund organizations.
  4. Based on PGIM client list as of September 30, 2022 compared to U.S. Plan Sponsor rankings in Pensions & Investments as of September 30, 2021, published February 2022.

 

Past performance is no guarantee of future performance.

Star ratings are shown for Class Z shares, which may be available to group retirement plans and institutional investors through certain retirement, mutual fund wrap, and asset allocation programs. They may also be available to institutional investors. Performance by share class may vary. In addition to the ones shown above, other classes, which contain either a sales load or a contingent deferred sales charge, are also available. These expenses will generally lower total fund return. Please see the prospectus for additional information about fees, expenses and investor eligibility requirements.

The risks associated with investing in these funds include but are not limited to: derivative securities, which may carry market, credit, and liquidity risks; short sales, which involve costs and the risk of potentially unlimited losses; leveraging, which may magnify losses; high yield (“junk”) bonds, which are subject to greater market risks; small/mid cap stocks which may be subject to more erratic market movements than large cap stocks; foreign securities, which are subject to currency fluctuation and political uncertainty; real estate, which poses certain risks related to overall and specific economic conditions as well as risks related to individual property, credit and interest-rate fluctuations; and mortgage-backed securities, which are subject to prepayment and extension risks. Sector funds and Specialty funds may not be suitable for all investors. Such funds are non-diversified, so a loss resulting from a particular security will have greater impact on the Fund's return. Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise. The risks associated with each fund are explained more fully in each fund's respective prospectus. There is no guarantee a fund's objectives will be achieved.

Source: Morningstar. The Morningstar Rating may be calculated based on its share class adjusted historical returns. If so, this investment's independent Morningstar Rating metric uses the fund's oldest share class to determine its hypothetical rating for certain time periods. The Morningstar Rating for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

© 2023 Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and the summary prospectus contain this and other information about the fund. Contact your financial professional for a prospectus and the summary prospectus. Read them carefully before investing.

Mutual fund investing involves risk. Some mutual funds have more risk than others. The investment return and principal value will fluctuate and investor's shares when sold may be worth more or less than the original cost. Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise. Asset allocation and diversification do not assure a profit or protect against loss in declining markets. There is no guarantee a Fund's objectives will be achieved. The risks associated with each fund are explained more fully in each fund's respective prospectus. Consult with your attorney, accountant, and/or tax professional for advice concerning your particular situation.

Investment products are distributed by Prudential Investment Management Services LLC, a Prudential Financial company, member SIPC. Jennison Associates and PGIM, Inc. (PGIM) are registered investment advisors and Prudential Financial companies. PGIM Quant or PGIM Quantitative Solutions is the primary business name of PGIM Quantitative Solutions LLC, a wholly owned subsidiary of PGIM. PGIM Fixed Income and PGIM Real Estate are units of PGIM. © 2023 Prudential Financial, Inc. and its related entities. Jennison Associates, Jennison, PGIM Real Estate, PGIM, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

Investment Products: Are not insured by the FDIC or any other federal government agency, may lose value, and are not a deposit of or guaranteed by any bank or any bank affiliate.

​​​​

For compliance use only 1037451-00005-00 Ed. 1/2023

  • About Us

    • Overview
    • Newsroom
    • PGIM Fixed Income
    • PGIM Real Estate
    • Jennison Associates
    • PGIM Quantitative Solutions
    • Contact
  • Products

    • Mutual Funds
    • ETFs
    • Target Date Funds
    • Closed End Funds
    • Separately Managed Accounts
  • Insights

    • Thought Leadership
    • On The Markets
    • Investment Themes
  • Resources

    • Overview
    • Forms
    • Tax Center
    • Careers
  • Retirement

    • Overview
    • DCIO Investments
    • Meet the Team
PGIM Investments
  • Terms & Conditions
  • Privacy Policy
  • Accessibility
  • Cookie Preference Center

Proxy Voting Recordsopens in a new window | Audit Committee Charter | Directors/Trusteesopens in a new window | Disclosure of Portfolio Holdings | Form 5500 | Nominating & Governance Committee Charter | Compliance Committee Charteropens in a new window | Sales Load Breakpoints | Customer Loginopens in a new window | Careersopens in a new window

This site is intended for U.S. investors only.  All investments involve risk, including loss of principal

PGIM, the principal investment management business of Prudential Financial, Inc.(PFI), is comprised of several business units, including PGIM investments.   PGIM Investments, a subsidiary of PFI, is an investment adviser and the investment manager to all PGIM US open-end investment companies and manager or administrator to closed-end investment companies. Other PGIM businesses that may sub-advise certain PGIM Investments open and closed-end investment companies include:  PREI, Jennison Associates, PGIM Quantitative Solutions LLC, PGIM Fixed Income.   Securities are offered by Prudential Investment Management Services LLC (PIMS), a PFI company, member FINRAopens in a new window, SIPCopens in a new window and affiliate of PGIM Investments.   Any content relating to securities is the sole responsibility of PIMS, unless otherwise noted.  Check the background of this firm on FINRA’s BrokerCheckopens in a new window.

By accessing links on this web site, you may be leaving PGIM Investments and PIMS and be directed to PGIM Affiliate sites.

Separately Managed Accounts are offered through PGIM, Inc, Jennison Associates and PGIM Quantitative Solutions LLC.

The information contained is being provided as general investment education only and does not take into account the investment objectives or financial situation of any existing or prospective investors.  The information should not be construed as investment advice or a recommendation with respect to any security or investment strategy.  Investors seeking information regarding their particular investment needs should contact their financial professional.

© 2023 Prudential Financial, Inc. and its related entities. Jennison Associates, PGIM Real Estate, PGIM Custom Harvest, PGIM and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

Prudential Financial, Inc. 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.

Investment Products: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED.

 

You are viewing this page in preview mode.

Edit Page