PGIM Funds Honored

PGIM funds have been recognized for outstanding performance, receiving 31 awards over the past 10-years.

2017 Morningstar Award

PGIM Total Return Bond Fund

2017: U.S Fixed-Income Fund Manager Of The Year

#1

Utility Fund
Lipper Award

 

PGIM Jennison Utility Fund

2019: 10-year period ended 12/31/2018

2017: 5-year period ended 11/30/2016

2015: 3-year period ended 11/30/2014

Smart Comp 503

PGIM Jennison MLP Fund

2017: Highest total return in 2016

Smart Comp 503

PGIM Global Total Return Fund

2018: 10-year period ended 11/30/2017

2016: 10-year period ended 11/30/2015

Smart Comp 503

PGIM Global Real Estate Fund

2016: 10-year period ended 11/30/2015

2015: 10-year period ended 11/30/2014

2012: 5-year period ended 11/30/2011

Smart Comp 503

PGIM Jennison Health Sciences Fund

2015: 10-year period ended 11/30/2014

2014: 10-year period ended 11/30/2013

2013: 10-year period ended 11/30/2012

2012: 5- & 10-year periods ended 11/30/2011

Smart Comp 503

PGIM Jennison Natural Resources Fund

2014: 10-year period ended 11/30/2013

2013: 10-year period ended 11/30/2012

2012: 10-year period ended 11/30/2011

2011: 5-year period ended 12/31/2010

2010: 3- & 10-year periods ended 12/31/2009

Smart Comp 503

PGIM Mid-Cap Growth Fund

2013: 10-year period ended 11/30/2012

Smart Comp 503

PGIM Jennison 20/20 Focus Fund

2012: 10-year period ended 11/30/2011

Smart Comp 503

PGIM Jennison Equity Income Fund

2011: 5-year period ended 12/31/2010

Smart Comp 503

PGIM California Muni Income Fund

2011: 5-year period ended 12/31/2010

2010: 3- & 5-year periods ended 12/31/2009

Smart Comp 503

PGIM Jennison Equity Opportunity Fund

2010: 10-year period ended 12/31/2009

Smart Comp 503

PGIM Short-Term Corporate Bond Fund

2010: 5-year period ended 12/31/2009

Lipper rankings (as of 5/31/2019)

    RANK / TOTAL # FUNDS IN CATEGORY
PGIM Fund Category 1-year 3-year 5-year 10-year
Utility Utility 20 61 18 59 31 57 1 51
Global Total Return Global Income 27 195 12 171 28 157 5 93
Global Real Estate Global Real Estate 32 183 52 157 49 115 29 80
MLP Energy MLP 58 133 32 110 23 74
Health Sciences Health/Biotechnology 65 102 25 91 30 80 5 62
Natural Resources Global Natural Resources 85 107 69 101 78 98 47 78
Mid-Cap Growth Mid-Cap Growth 159 395 293 364 261 337 179 250
20/20 Focus Large-Cap Growth 624 660 532 593 506 536 383 412
Equity Income Equity Income 307 543 370 474 348 418 125 248
CA Muni Income CA Municipal Debt 80 123 57 106 60 102 42 83
Equity Opportunity Multi-Cap Core 346 396 208 338 194 293 104 228
Short-Term Corporate Bond Short-Intermediate Investment Grade Debt 35 169 38 151 27 135 29 83

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 .


 

1023745-00001-00 Ed. 7/2019

 

Morningstar Manager of the Year Award. Morningstar Awards 2017. ©2019 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.

Alerian AMMY Award: The Ammys 2017 MLP Mutual Fund of the Year Award. Awarded by Alerian to the MLP mutual fund that generated the highest total return of 17 funds in 2016. MLP mutual fund is defined as a mutual fund whose principal investment objective is to invest the majority of fund assets in MLPs, and by definition, making a corporate tax election. Total return is calculated using the fund’s Class A shares, adding any dividends paid during the year to the price return. As a viability threshold, the fund must have at least $100 million in assets. Leveraged versions of other mutual funds are not eligible. There are a total of 17 MLP mutual funds in the peer group, one of which was ineligible for utilizing leverage.

Alerian and its affiliates do not endorse, manage, promote, sell, or sponsor any company, investment fund or other vehicle nominated, selected as a finalist, or selected as a winner for the Alerian MLP Awards, or Ammys. Alerian is not an investment advisor, and Alerian and its affiliates make no representations regarding the advisability of investing in any company, investment fund or other vehicle nominated, selected as a finalist, or selected as a winner for the Ammys.

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, ©2019 Refinitiv. All rights reserved. Used under license.

The PGIM Jennison Utility Fund (Class Z) share won a Lipper Award for being the number one risk-adjusted returning Utility fund over the following time periods: 2019: 1 out of 51 funds for the 10-year period ended 12/31/2018. Rankings for the 3- and 5-year periods were 18 out of 58 and 29 out of 57 funds, respectively. 2017: 1 out of 47 funds for the 5-year period ended 11/30/2016. Rankings for the 3- and 10-year periods were 16 out of 49 and 16 out of 44 funds, respectively. 2015: 1 out of 60 funds for the 3-year period ended 11/30/2014. Rankings for the 5- and 10-year periods were 2 out of 56 and 35 out of 44 funds, respectively.

The PGIM Global Total Return Fund (Class Z) share won a Lipper Award for being the number one risk-adjusted returning Global Income fund over the following time period: 2018: 1 out of 27 funds for the 10-year period ended 11/30/2017. Rankings for the 3- and 5-year periods were 5 out of 44 and 6 out of 41 funds, respectively. 2016: 1 out of 76 funds for the 10-year period ended 11/30/2015. Rankings for the 3- and 5-year periods were 72 out of 182 and 28 out of 130 funds, respectively.

The PGIM Global Real Estate Fund (Class Z) share won a Lipper Award for being the number one risk-adjusted returning Global Real Estate fund over the following time periods: 2016: 1 out of 32 funds for the 10-year period ended 11/30/2015. Rankings for the 3- and 5-year periods were 40 out of 113 and 20 out of 94 funds, respectively. 2015: 1 out of 24 funds for the 10-year period ended 11/30/2014. Rankings for the 3- and 5-year periods were 44 out of 106 and 18 out of 95 funds, respectively. 2012: 1 out of 46 funds for the 5-year period ended 11/30/2011. Ranking for the 3-year period was 7 out of 81.

The PGIM Jennison Health Sciences Fund (Class Z) share won a Lipper Award for being the number one risk-adjusted returning Health/Biotechnology fund over the following time periods: 2015: 1 out of 55 funds for the 10-year period ended 11/30/2014. Rankings for the 3- and 5-year periods were 19 out of 79 and 15 out of 70 funds, respectively. 2014: 1 out of 48 funds for the 10-year period ended 11/30/2013. Rankings for the 3- and 5-year periods were 6 out of 60 and 2 out of 55 funds, respectively. 2013: 1 out of 48 funds for the 10-year period ended 11/30/2012. Rankings for the 3- and 5-year periods were 10 out of 53 and 3 out of 56 funds, respectively. 2012: 1 out of 63 and 1 out of 49 funds for the 5- and 10-year periods ended 11/30/2011. Ranking for the 3-year period was 5 out of 66 funds.

The PGIM Jennison Natural Resources Fund (Class Z) share won a Lipper Award for being the number one risk-adjusted returning Global Natural Resources fund over the following time periods: 2014: 1 out of 33 funds for the 10-year period ended 11/30/2013. Rankings for the 3- and 5-year periods were 18 out of 105 and 14 out of 81 funds, respectively. 2013: 1 out of 31 funds for the 10-year period ended 11/30/2012. Rankings for the 3- and 5-year periods were 67 out of 100 and 13 out of 74 funds, respectively. 2012: 1 out of 31 funds for the 10-year period ended 11/30/2011. Rankings for the 3- and 5-year periods were 5 out of 89 and 3 out of 57 funds, respectively. 2011: 1 out of 53 funds for the 5-year period ended 12/31/2010. Rankings for the 3- and 10-year periods were 2 out of 80 and 3 out of 32 funds, respectively. 2010: 1 out of 73 funds and 1 out of 33 funds for the 3- and 10-year periods ended 12/31/2009. Ranking for the 5-year period was 4 out of 52 funds.

The PGIM Jennison Mid-Cap Growth Fund (Class Z) share won a Lipper Award for being the number one risk-adjusted returning Mid-Cap Growth fund over the following time period: 2013: 1 out of 251 funds for the 10-year period ended 11/30/2012. Rankings for the 3- and 5-year periods were 71 out of 443 and 30 out of 372 funds, respectively.

The PGIM Jennison 20/20 Focus Fund (Class Z) share won a Lipper Award for being the number one risk-adjusted returning Large Cap Growth fund over the following time period: 2012: 1 out of 355 funds for the 10-year period ended 11/30/2011. Rankings for the 3- and 5-year periods were 166 out of 651 and 166 out of 558 funds, respectively.

The PGIM Jennison Equity Income Fund (Class A) share won a Lipper Award for being the number one risk-adjusted returning Equity Income fund over the following time period: 2011: 1 out of 192 funds for the 5-year period ended 12/31/2010. Ranking for the 3-year period was 7 out of 231 funds.

The PGIM California Muni Income Fund (Class Z) share won a Lipper Award for being the number one risk-adjusted returning California Municipal Debt fund over the following time periods: 2011: 1 out of 101 funds for the 5-year period ended 12/31/2010. Rankings for the 3- and 10-year periods were 4 out of 112 and 3 out of 82 funds, respectively. 2010: 1 out of 109 funds and 1 out of 101 funds for the 3- and 5-year periods ended 12/31/2009. Ranking for the 10-year period was 3 out of 76 funds.

The PGIM Jennison Equity Opportunity Fund (Class Z) share won a Lipper Award for being the number one risk-adjusted returning Multi-Cap Core fund over the following time period: 2010: 1 out of 219 funds for the 10-year period ended 12/31/2009. Rankings for the 3- and 5-year periods were 38 out of 658 and 22 out of 501 funds, respectively.

The PGIM Short-Term Corporate Bond Fund (Class Z) share won a Lipper Award for being the number one risk-adjusted returning Short-Intermediate Investment Grade Debt fund over the following time period: 2010: 1 out of 122 funds for the 5-year period ended 12/31/2009. Rankings for the 3- and 10-year periods were 3 out of 24 and 4 out of 65 funds, respectively.

 

Source for Alerian MLP Awards, or Ammys: Alerian. Awarded to the MLP mutual fund that generated the highest total return of 17 funds in 2016. Total return is calculated using the fund’s Class A shares, adding any dividends paid during the year to the price return.

Source for Lipper Awards: Lipper Inc., Lipper Award (Class Z); Class A for the PGIM Jennison Equity Income and PGIM Jennison Blend Funds. The Lipper Fund Awards are based on risk-adjusted returns for the three-, five-, and 10-year periods ending 12/31/2018 using Lipper’s proprietary, quantitative fund rating methodology.

 

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. Your clients should consult with their attorney, accountant, and/or tax professional for advice concerning their 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. Jennison Associates and PGIM, Inc. (PGIM) are registered investment advisors and Prudential Financial companies. QMA is the primary business name of QMA LLC, a wholly owned subsidiary of PGIM. PGIM Fixed Income and PGIM Real Estate, are units of PGIM. © 2019 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.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

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.