PGIM Funds HonoredPGIMFundsHonored

Refinitiv Lipper Fund Awards, ©2023 Refinitiv. All rights reserved. Used under license.

The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating *The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see lipperfundawards.com. From Lipper Fund Awards from Refinitiv, ©2023 Refinitiv. All rights reserved. Used under license. Lipper Award: In the Lipper Fund Awards, funds had to be registered for sale in the respective country as of the end of the year and the fund had to have at least 36 months of performance history as of the end of the evaluation year. S&P 500 Index funds, specialty diversified equity funds and specialty/miscellaneous funds were not eligible to receive classification awards. Rankings do not take sales charges into account. Past performance does not guarantee future results. Performance by share class may vary. Other share classes, which contain either a sales load or a contingent deferred sales charge, are also available. These expenses could lower total fund return. Please see the prospectus for additional information about fees, expenses and investor eligibility requirements. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see lipperfundawards.com. Rankings do not take sales charges into account. Past performance is no guarantee of future results.

Lipper Award: In the Lipper Fund Awards, funds had to be registered for sale in the respective country as of the end of the year and the fund had to have at least 36 months of performance history as of the end of the evaluation year. S&P 500 Index funds, specialty diversified equity funds and specialty/miscellaneous funds were not eligible to receive classification awards. Rankings do not take sales charges into account. Past performance does not guarantee future results. Performance by share class may vary. Other share classes, which contain either a sales load or a contingent deferred sales charge, are also available. These expenses could lower total fund return. Please see the prospectus for additional information about fees, expenses and investor eligibility requirements. From Lipper Fund Awards from Refinitiv, ©2023 Refinitiv. All rights reserved. Used under license.

 
PGIM Jennison Utility Fund #1 Utility Fund (Class Z) for the 5-year period out of 42 funds, respectively ended 11/30/2022. 
Class Z total return ranking for the 1-year period: 29 out of 59 funds; 3-year period: 2 out of 56 funds; 10-year period: 3 out of 48 as of 11/30/2022. Inception date: Class Z: 3/1/1996. Lipper Funds category rankings are based on total return, do not take sales charges into account, and are calculated against all funds in each fund’s respective Lipper category.

 

PGIM Jennison Natural Resources Fund #1 Global Natural Resources Fund (Class R6) for the 5-year period out of 48 funds, respectively ended 11/30/2022. 
Class R6 total return ranking for the 1-year period: 20 out of 62 funds; 3-year period: 7 out of 57 funds; 10-year period: 17 out of 45 funds as of 11/30/2022. Inception date: Class R6: 12/27/2010. Lipper Funds category rankings are based on total return, do not take sales charges into account, and are calculated against all funds in each fund’s respective Lipper category.

 

Lipper rankings (as of 12/31/2022)	RANK / TOTAL # OF FUNDS IN CATEGORY
Fund	Category	1-Year	3-Year	5-Year	10-Year
PGIM Jennison Utility Fund Class Z	Utility Fund	33 | 56	15 | 56	7 | 52	7 | 48
PGIM Jennison Natural Resources Fund Class R6	Global Natural Resources Fund	20 | 62	10 | 57	10 | 56	17 | 45

 

 

 

Lipper category rankings are based on total return, do not include the effect of sales charges, and are calculated against all funds in each fund’s respective Lipper category as of 11/30/2022.

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.

An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. There is no guarantee the Fund will be able to maintain a stable $1.00 NAV per share or that the Fund’s objective will be achieved.

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. Your clients should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation.

Investment products are distributed by Prudential Investment Management Services LLC, a Prudential Financial company, member SIPC. Separately Managed Accounts are offered through our affiliates. Jennison Associates and PGIM, Inc. (PGIM) are registered investment advisors and Prudential Financial companies. 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.