PGIM data as of June 30, 2026. Past performance is not a guarantee or reliable indicator of future results. Assets are based on company estimates and are subject to change.

¹ Includes real estate debt AUA of $50.7B.

² Source: Creditflux. Top 10 CLO Manager Globally ranking as of June 30, 2026. The ranking is based on principal liabilities under management (CLOs outstanding) using publicly available CLO data collected and published by Creditflux. Rankings are updated quarterly and cover CLO managers tracked by Creditflux, regardless of subscription status. No direct or indirect compensation was provided in connection with the ranking.

³ Includes legacy activity from Montana Capital Partners which was founded in 2011 and acquired by PGIM in 2021.

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. Contact your financial professional for a prospectus and summary prospectus. Read them carefully before investing. 

​Investing involves risk. Some investments 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.