Awards and AccoladesAwardsandAccolades

1. METHODOLOGY: Editorial team selects judges based on their industry expertise. A minimum of 10 judges includes at least two from the editorial staff. Each category has at least two judges leading the other judges through the entries to test the criteria. Judges that come from a company/organisation that has entered, or has competitors that have entered, a particular category must exclude themselves from that category. The panel debates the entries and decides the shortlist and winners. Judging is done on the basis of criteria, but judges are allowed to consider their own experience of entrants’ products and services.
2. PGIM is ranked third by the Pensions & Investments’ 2020 Best Places to Work in Money Management list published on 13/10/2020. Data is based the methodology above.
3. Received in November 2019 based on data as of June 2019. Methodology: A shortlist drawn up in association with highlights on asset managers with strong performance and relative growth in AUM over the 12 months to 30 June  2019, along with solid performance over the past three years. Winners are decided by a panel of industry judges based on this data and a questionnaire prepared by the shortlisted entrants describing the firm, products, and services.
4. PGIM Jennison Emerging Markets Equity Fund (USD A Acc) #1 Equity Emerging Markets Global Category (Europe) out of 208 funds for the 3-year period ended 31 December 2020. Inception date: 22 December 2017. Please note that the basis of performance is measured on the USD A Acc share class; however, the award is given to the fund portfolio and thus is valid and can be used for all share classes of this fund. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see lipperfundawards.com. Rankings do not take sales charges into account. Past performance is no guarantee of future results. From Lipper Fund Awards from Refinitiv, ©2022 Refinitiv. All rights reserved. Used under license.
5. PGIM Investments is the Refinitiv Lipper Fund Awards Winner for Germany in 2022, Best Bond Small Fund Family Group over the 3-year period ended 31 December 2021. Asset class group awards for small fund family groups need to have at least three distinct portfolios in one of the asset classes – equity, bond or mixed-asset. The lowest average decile rank of the three years’ Consistent Return measure of the eligible funds per asset class and group will determine the asset class group award winner over the three-year period. In order to define the breakpoint between large and small companies, Refinitiv Lipper will calculate the sum of the single fund sizes of all funds (excluding closed-end funds) with sales permission in any European country per company and then sort the results in descending order. For each company, a percentage share value of the total AUM will be calculated and accumulated to 100%. The AUM breakpoint is found at 85% accumulated weight value (large is >85% of registered funds divided by total AUM, and small is <85%). For more information, see lipperfundawards.com. Past performance is no guarantee of future results. From Lipper Fund Awards from Refinitiv, ©2022 Refinitiv. All rights reserved. Used under license.
6. PGIM Investments is the Refinitiv Lipper Fund Awards Winner for Austria in 2022, Best Bond Small Fund Family Group over the 3-year period ended 31 December 2021. Asset class group awards for small fund family groups need to have at least three distinct portfolios in one of the asset classes – equity, bond or mixed-asset. The lowest average decile rank of the three years’ Consistent Return measure of the eligible funds per asset class and group will determine the asset class group award winner over the three-year period. In order to define the breakpoint between large and small companies, Refinitiv Lipper will calculate the sum of the single fund sizes of all funds (excluding closed-end funds) with sales permission in any European country per company and then sort the results in descending order. For each company, a percentage share value of the total AUM will be calculated and accumulated to 100%. The AUM breakpoint is found at 85% accumulated weight value (large is >85% of registered funds divided by total AUM, and small is <85%). For more information, see lipperfundawards.com.. From Lipper Fund Awards from Refinitiv, ©2022 Refinitiv. All rights reserved. Used under license.
7. PGIM Jennison Emerging Markets Equity Fund (USD A Acc) #1 Equity Emerging Markets Global Category (France 2021) out of 176 funds for the 3-year period ended 31 December 2021.  Inception date: 22 December 2017. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see lipperfundawards.com. Rankings do not take sales charges into account. From Lipper Fund Awards from Refinitiv, ©2022 Refinitiv. All rights reserved. Used under license.
8. PGIM Jennison Emerging Markets Equity Fund (USD A Acc) #1 Equity Emerging Markets Global Category (Nordics 2022) out of 185 funds for the 3-year period ended 31 December 2021.  Inception date: 22 December 2017. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see lipperfundawards.com. Rankings do not take sales charges into account. From Lipper Fund Awards from Refinitiv, ©2022 Refinitiv. All rights reserved. Used under license.
9. PGIM Investments is the Refinitiv Lipper Fund Awards Winner for Nordics in 2022, Best Equity Small Fund Family Group over the 3-year period ended 31 December 2021. Asset class group awards for small fund family groups need to have at least three distinct portfolios in one of the asset classes – equity, bond or mixed-asset. The lowest average decile rank of the three years’ Consistent Return measure of the eligible funds per asset class and group will determine the asset class group award winner over the three-year period. In order to define the breakpoint between large and small companies, Refinitiv Lipper will calculate the sum of the single fund sizes of all funds (excluding closed-end funds) with sales permission in any European country per company and then sort the results in descending order. For each company, a percentage share value of the total AUM will be calculated and accumulated to 100%. The AUM breakpoint is found at 85% accumulated weight value (large is >85% of registered funds divided by total AUM, and small is <85%). For more information, see lipperfundawards.com.. From Lipper Fund Awards from Refinitiv, ©2022 Refinitiv. All rights reserved. Used under license.
10. PGIM Investments is the Refinitiv Lipper Fund Awards Winner for Nordics in 2022, Best Bond Small Fund Family Group over the 3-year period ended 31 December 2021. Asset class group awards for small fund family groups need to have at least three distinct portfolios in one of the asset classes – equity, bond or mixed-asset. The lowest average decile rank of the three years’ Consistent Return measure of the eligible funds per asset class and group will determine the asset class group award winner over the three-year period. In order to define the breakpoint between large and small companies, Refinitiv Lipper will calculate the sum of the single fund sizes of all funds (excluding closed-end funds) with sales permission in any European country per company and then sort the results in descending order. For each company, a percentage share value of the total AUM will be calculated and accumulated to 100%. The AUM breakpoint is found at 85% accumulated weight value (large is >85% of registered funds divided by total AUM, and small is <85%). For more information, see lipperfundawards.com.. From Lipper Fund Awards from Refinitiv, ©2022 Refinitiv. All rights reserved. Used under license.
11. PGIM Jennison Emerging Markets Equity Fund (USD A Acc) #1 Equity Emerging Markets Global Category (Netherlands 2022) out of 129 funds for the 3-year period ended 31 December 2021. Inception date: 22 December 2017. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see lipperfundawards.com. Rankings do not take sales charges into account. From Lipper Fund Awards from Refinitiv, ©2022 Refinitiv. All rights reserved. Used under license.
12. PGIM Investments is the Refinitiv Lipper Fund Awards Winner for Netherlands in 2022, Best Bond Small Fund Family Group over the 3-year period ended 31 December 2021. Asset class group awards for small fund family groups need to have at least three distinct portfolios in one of the asset classes – equity, bond or mixed-asset. The lowest average decile rank of the three years’ Consistent Return measure of the eligible funds per asset class and group will determine the asset class group award winner over the three-year period. In order to define the breakpoint between large and small companies, Refinitiv Lipper will calculate the sum of the single fund sizes of all funds (excluding closed-end funds) with sales permission in any European country per company and then sort the results in descending order. For each company, a percentage share value of the total AUM will be calculated and accumulated to 100%. The AUM breakpoint is found at 85% accumulated weight value (large is >85% of registered funds divided by total AUM, and small is <85%). For more information, see lipperfundawards.com.. From Lipper Fund Awards from Refinitiv, ©2022 Refinitiv. All rights reserved. Used under license.
13. 3 and 5 year performance is based on Sharpe Ratio to 31 March 2022. Awarded in May 2022. Used under license. Past performance is no guarantee of future results.
14. 5 and 10 year performance is based on Sharpe Ratio to 31 March 2022. Awarded in May 2022. Used under license. Past performance is no guarantee of future results.
15. PGIM Global Select Real Estate Fund (USD A Acc) #1 Equity Sector Real Estate Global Category (Germany 2023) out of 41 funds for the 3-year period ended 31 December 2022. Inception date: 8 April 2016.​ The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see lipperfundawards.com. Rankings do not take sales charges into account. Past performance is no guarantee of future results. From Lipper Fund Awards from Refinitiv, ©2023 Refinitiv. All rights reserved. Used under license.​
16. PGIM Global Select Real Estate Fund (USD A Acc) #1 Equity Sector Real Estate Global Category (Europe 2023) out of 45 funds for the 3-year period ended 31 December 2022. Inception date: 8 April 2016.​ The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see lipperfundawards.com. Rankings do not take sales charges into account. Past performance is no guarantee of future results. From Lipper Fund Awards from Refinitiv, ©2023 Refinitiv. All rights reserved. Used under license.​
17. The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. ​

    The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed. ​

    LSEG Lipper Fund Awards, ©2024 LSEG. All rights reserved. Used under license.​

18. Prior to 1 August 2024, the Fund was known as PGIM Multi Asset Credit Fund.

Awards and ratings are subject to change without notice and do not constitute investment advice or an offer to buy any security.

References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities. The securities referenced may or may not be held in the portfolio at the time of publication and, if such securities are held, no representation is being made that such securities will continue to be held.

The views expressed herein are those of PGIM investment professionals at the time the comments were made, may not be reflective of their current opinions, and are subject to change without notice. Neither the information contained herein nor any opinion expressed shall be construed to constitute investment advice or an offer to sell or a solicitation to buy any securities mentioned herein. Neither PFI, its affiliates, nor their licensed sales professionals render tax or legal advice. Clients should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation. Certain information in this commentary has been obtained from sources believed to be reliable as of the date presented; however, we cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed. The information contained herein is current as of the date of issuance (or such earlier date as referenced herein) and is subject to change without notice. The manager has no obligation to update any or all such information; nor do we make any express or implied warranties or representations as to the completeness or accuracy.

Any projections or forecasts presented herein are subject to change without notice. Actual data will vary and may not be reflected here. Projections and forecasts are subject to high levels of uncertainty. Accordingly, any projections or forecasts should be viewed as merely representative of a broad range of possible outcomes. Projections or forecasts are estimated based on assumptions, subject to significant revision, and may change materially as economic and market conditions change.