DIVIDEND AND CAPITAL GAINS DISTRIBUTIONS

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Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost. The current maximum sales charges that may be applied to the fund listed below are Class A, 5.5%; and Class C, 1.0%.

Source: PGIM, Inc. (PGIM). PGIM is a Prudential Financial company. All information shown is unaudited and subject to change without notice. Refer to the Fund Profile for more detailed information regarding performance and disclosures. Our financial professionals do not provide tax or legal advice. Please consult with your attorney, accountant, and/or tax professional for advice concerning your particular situation.

Class R6 shares may be available to group retirement plans, institutional investors, and individuals through certain retirement, mutual fund wrap and asset allocation programs. Please see the prospectus for additional information about fees, expenses, and investor eligibility.

This material must be preceded or accompanied by a current prospectus or summary prospectus. Consider a fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.

Investment products are distributed by Prudential Investment Management Services LLC, a Prudential Financial company, member FINRA and SIPC. PGIM Investments is a registered investment adviser and investment manager to all PGIM US open-end investment companies. PGIM DC Solutions LLC is a registered investment adviser. All are Prudential Financial affiliates.  ©2024 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM DC Solutions, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

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. Clients seeking information regarding their particular investment needs should contact their financial professional.

Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

4072159 Ed. 12/2024