This presentation compares performance of active management across investment styles vs. corresponding indexes, illustrates how positioning by active managers may have driven quarterly outperformance or underperformance, and interprets results and relevance for due diligence teams.
In this recap, we summarize market performance and market moving news from the prior week.
The views expressed in this video are of PGIM Fixed Income as of March 30, 2022.
Risks:
Fixed income investments are subject to credit, market, and interest rate risks (including duration risk, prepayment risk, and extension risk), and their value will decline as interest rates rise; call and redemption risk, where the issuer may call a bond held by the Fund for redemption before it matures. High yield (“junk”) bonds are subject to greater credit and market risks. Liquidity risk exists when particular investments are difficult to sell.
1058980-00001-00 NS18417 Expiration: 3/31/2023
