Why We're Buying Duration Now
Concerned about rising rates? PGIM Fixed Income Portfolio Manager Michael Collins shares the firm’s latest views on interest rates. For Compliance Use Only: 1014204-00001-00 Ed. 12/2018
Morningstar Awards 2017. ©2018 Morningstar, Inc. All rights reserved. Robert Tipp, Michael Collins, Richard Piccirillo, and Gregory Peters; PGIM Total Return Bond Fund (PDBZX) awarded U.S. Fixed-Income Fund Manager of the Year. The Fund was renamed from Prudential Total Return Bond Fund on 6/11/2018. The Fund Manager of the Year award winners are chosen based on research and in-depth qualitative evaluation by Morningstar’s Manager Research Group.
Important Mutual Fund 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.
An investment in our money market funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the funds seek to preserve the value of your clients investment at $1.00 per share, it is possible to lose money by investing in the funds.
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.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. Clients seeking information regarding their particular investment needs should contact a financial professional.
Investment products are distributed by Prudential Investment Management Services LLC, a Prudential Financial company, member SIPC. Separately Managed Accounts are offered through our affiliates.
Important Closed-End Fund Information:
A closed-end fund's investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost, and you could lose all or a portion of your investment. The use of leverage as an investing strategy can magnify losses and increase fees paid by the Fund. Shares of the Fund may trade on the exchange at a discount to their net asset value. Fixed income investments are subject to interest rate risk, where their value will decline as interest rates rise.
An investment in the Fund's shares of common stock may be speculative in that it involves a high degree of risk and should not constitute a complete investment program. Each closed-end fund will have its own unique investment strategy, risks, charges and expenses that need to be considered before investing.
Jennison Associates and PGIM, Inc. (PGIM) are registered investment advisors and Prudential Financial companies. QMA is the primary business name of Quantitative Management Associates LLC, a wholly owned subsidiary of PGIM. PGIM Fixed Income and PGIM Real Estate are units of PGIM. © 2018 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.
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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.
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