Fixed Income for a Changing World

The fixed income universe has changed dramatically over the last few decades, growing both in assets and product breadth. PGIM Investments offers a full range of fixed income mutual funds to help solve today's investment challenges.

Award Winning Fund Manager

PGIM Total Return Bond Fund Team Named U.S. Fixed-Income Fund Manager of the Year

PGIM Total Return Bond Fund portfolio managers, Robert Tipp, CFA, Michael Collins, CFA, Richard Piccirillo, and Gregory Peters, are recognized as Morningstar’s 2017 Fixed Income Fund Manager of the Year.

PGIM Global Total Return – Lipper’s Top Global Income Fund

Smart Comp 502

We are proud to announce that the fund received a 2018 Lipper Award for having the top risk adjusted performance in its category over the last 10 years.

Fixed Income: The Active Advantage

Despite lower costs, passive investors are giving up opportunity for alpha in exchange for relatively small savings. We explore performance and important idiosyncrasies of the fixed income market that investors should consider when choosing between active and passive.

Our Fixed Income Funds

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. 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. © 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.

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.

From Thomson Reuters Lipper Awards, © 2019 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.

The Lipper Fund Awards, funds had to be registered for sale in the respective country as of the end of 2017 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 is no guarantee of future results.

The Lipper Fund Awards are based on risk-adjusted returns for the three-, five-, and 10-year periods ending 11/30/2017 using Lipper's proprietary, quantitative fund rating methodology. PGIM Global Total Return - #1 Global Income Fund (Class Z) 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.


For Compliance Use Only: 1011048-00001-00 Ed. 10/2018