Morningstar 2017 U.S. Fixed-Income Fund Manager of the Year

​For nearly 90 years, through all market cycles, PGIM Fixed Income has drawn on a deep discipline in credit research and risk management to add value for our clients.1

We're an active global fixed income manager bringing scale, stability, and broad capabilities to the pursuit of consistently strong, risk-adjusted returns.


For Institutional and Professional Investor Use Only. Your capital is at risk and the value of investments can go down as well as up.

PGIM Fixed Income Spotlight

Transcript

Morningstar's 2017 U.S. Fixed-Income Fund Manager of the Year Award recognizes the portfolio management team's impressive performance in 2017 and its consistent long-term, risk-adjusted returns.2

Pictured from left to right: Michael Collins, CFA, Senior Portfolio Manager, Robert Tipp, CFA, Chief Investment Strategist, Gregory Peters, Senior Portfolio Manager, and Richard Piccirillo, Senior Portfolio Manager.

The video on the left explains the team approach behind Morningstar's 2017 U.S. Fixed-Income Fund Manager of the Year.

 

Featured Perspectives

Can We Predict the Next Market Crash?

Arvind Rajan, PhD, Head of Global and Macro

Almost a decade after the Global Financial Crisis, how likely is it that the next crash can be predicted? In the context of today’s market risks, examining the research on market crash predictors and macroeconomic early warning systems points to three useful activities for active portfolio and risk managers.

Loco for Emerging Markets Local Debt and FX

Mariusz Banasiak, CFA, Principal, Head of FX Team, and Tim Whyman, Principal, Portfolio Manager, Emerging Markets Team

The paper outlines the dynamics that led to the underperformance of EM assets from mid-2011 through early 2016, why the asset class is now on solid footing following several years of headwinds, and the attractive relative value opportunities that exist within EM local debt and FX.

A Global Presence With Offices In:

The following table describes the office locations, AUM, and clients per region.
Region Office Assets Clients
North America Newark, NJ $449.3 billion 472
Europe, Middle East & Africa London $59.8 billion 68
Asia & Australia Singapore $15.5 billion 15
Japan Tokyo $184.0 billion 24

Managing $709 Billion Globally

•    $296 billion for proprietary accounts
•    $291 billion for institutional accounts
•    $122 billion for retail accounts

 

280 Investment Professionals

•    Senior investment professionals average 29 years
      industry experience and 19 years firm experience 

Global Client Base

•    13 sovereign wealth funds and central banks
•    37 of the 100 largest U.S. pension funds3
•    29 of the 100 largest global pension funds4
•    9 of the top 20 Fortune 100 companies

 


This website is intended for Institutional and Professional Investors only. Your capital is at risk and the value of investments can go down as well as up.

Source(s) of data (unless otherwise noted): PGIM Fixed Income as of December 31, 2017

1 Any discussion of risk management is intended to describe PGIM Fixed Income's efforts to monitor and manage risk but does not imply low risk. All investing involves risk, including the risk of loss.

2 Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise. These risks may increase the Fund’s share price volatility.

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

Mutual funds are distributed by Prudential Investment Management Services LLC (PIMS), member SIPC. PGIM Fixed Income us a unit of PGIM, Inc. (PGIM), a registered investment advisor. PIMS and PGIM are Prudential Financial companies.
© 2018 Prudential Financial, Inc. and its related entities. PGIM and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

Morningstar Awards 2017. ©2018 Morningstar, Inc. All rights reserved. Robert Tipp, Michael Collins, Richard Piccirillo and Gregory Peters. Prudential Total Return Bond Fund (PDBZX) awarded U.S. Fixed-Income Fund Manager of the Year. The Fund Manager of the Year award winners are chosen based on research and in-depth qualitative evaluation by Morningstar's Manager Research Group.

3 Source of U.S. pension fund data: Pensions & Investments Top 1000 U.S. Pension Funds, published February 6, 2017 and S&P's MMD Top 100 U.S. Pensions.  

4 Source of global pension fund data: IPE Top 1000 Global Institutional Investors - 2017 and S&P's MMD Top 100 Global Pensions.

It is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect of any products or services to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence. The views and opinions expressed herein are those of PGIM Fixed Income and are subject to change without notice. PGIM, Inc. is the principal asset management business of Prudential Financial, Inc. (PFI) and is a registered investment adviser with the United States Securities and Exchange Commission.  PGIM is a trading name of PGIM, Inc. and its global subsidiaries. In the United Kingdom, and in various European Economic Area (EEA) jurisdictions, information is issued by PGIM Limited, an indirect subsidiary of PGIM, Inc.   PGIM Limited registered office: Grand Buildings, 1-3 Strand, Trafalgar Square, London, WC2N 5HR is authorised and regulated by the Financial Conduct Authority of the United Kingdom (registration number 193418) and duly passported in various jurisdictions in the EEA.  These materials are issued to persons who are professional clients or eligible counterparties for the purposes of the Financial Conduct Authority’s Conduct of Business Sourcebook. In Japan, investment management services are made available by PGIM Japan Co., Ltd. (PGIM Japan), a registered Financial Instruments Business Operator with the Financial Services Agency of Japan.  In Hong Kong, information is presented by representatives of PGIM (Hong Kong) Limited, a regulated entity with the Securities and Futures Commission in Hong Kong to professional investors as defined in Part 1 of Schedule 1 of the Securities and Futures Ordinance.  In Singapore, information is issued by PGIM (Singapore) Pte. Ltd. (PGIM Singapore), a Singapore investment manager that is licensed as a capital markets service license holder by the Monetary Authority of Singapore and an exempt financial adviser. These materials are issued by PGIM Singapore for the general information of “institutional investors” pursuant to Section 304 of the Securities and Futures Act, Chapter 289 of Singapore (the SFA) and “accredited investors” and other relevant persons in accordance with the conditions specified in Sections 305 of the SFA.  In South Korea, information is issued by PGIM, Inc., which is licensed to provide discretionary investment management services directly to South Korean qualified institutional investors.

The information on this website is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. In making the information available on this website, PGIM, Inc. and its affiliates are not acting as your fiduciary under ERISA, any Department of Labor regulations or any other statutes or regulations.

Any discussion of risk management is intended to describe PGIM Fixed Income’s efforts to monitor and manage risk but does not imply low risk.  All investing involves risk, including the risk of loss.  Fixed Income securities are subject to certain risks, including credit, interest rate, issuer, market and inflation risk.  Foreign and emerging market securities are subject to currency, political, economic and market risks, which may be enhanced in emerging market countries.  High Yield securities are lower rated securities that may have a higher degree of credit and liquidity risk.  Mortgage and asset-backed securities are sensitive to early prepayment risk, a higher risk of default and may be hard to value and difficult to sell.  U.S. government securities may not be backed by the full faith and credit of the U.S.; thus, these issuers may not be able to meet their future payment obligations.  With sovereign debt securities, the issuer or governmental authority that controls the repayment of the debt may not be willing or able to repay the principal and/or pay the interest when it becomes due, in accordance with the terms of such obligations.  Collateralized mortgage obligations may have unpredictable cash flows that can increase the risk of loss.  Public bank loans are subject to liquidity risks of lower rated securities.  The use of derivative instruments may disproportionately increase losses and have a significant impact on performance. They also may be subject to counterparty, liquidity, valuation, correlation and market risks.

There is no guarantee that any investment strategy will achieve its objective under all market conditions or be suitable for all investors.  Each investor should evaluate their ability to invest for the long-term, especially during periods of downturn in the market.  

The views and opinions expressed herein are those of PGIM Fixed Income and are subject to change without notice.

PFI of the United States is not affiliated in any manner with Prudential plc, a company incorporated in the United Kingdom.  PGIM, the PGIM logo and Rock design are service marks of PFI and its related entities, registered in many jurisdictions worldwide.

© 2017 Prudential Financial, Inc. and its related entities.