Emerging Markets Emerging Markets Total Return
PGIM Fixed Income's Emerging Markets Total Return Strategy seeks to generate +450 bps of annualized gross excess return over 3-month LIBOR over a full market cycle. The strategy is designed to capture the best ideas from a broad range of emerging markets hard currency sovereign/quasi sovereign bonds, corporate bonds, local bonds, currencies and volatility.1,2
1 There is no guarantee that these objectives will be met.
2 On average, over a full market cycle defined as three to five years.