DIVIDEND AND CAPITAL GAINS DISTRIBUTIONS

resource:

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%.

Please be advised that on December 27, 2021, the Class C shares of the PGIM Jennison Mid-Cap Growth Fund and PGIM Jennison Small Company Fund (each, a “Fund” and together, the “Funds”) underwent a four-to-one reverse stock split. This multiplied the NAV of each Fund’s Class C shares by four and simultaneously divided the number of Class C shares outstanding by four. There was no change to the value of a client’s investment and there is no tax impact as a result of this change. Historical NAVs for the Class C shares have also been adjusted to reflect this action.

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 R shares are closed to new investors. Class R2 shares and Class R4 shares are only offered for sale to group retirement plans available through a retirement recordkeeper or third party administrator. Class R6 and Z shares may be available to group retirement plans and institutional investors through certain retirement, mutual fund wrap and asset allocation programs. They may also be available to institutional investors. Class Z shares may be available through fee- or commission-based retail brokerage programs of certain financial intermediaries. Class A, C, and Z shares are generally closed to new retirement plans. 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 (PIMS), member FINRA and SIPC. PGIM Investments is a registered investment adviser and investment manager to all PGIM US open-end investment companies.  Jennison Associates is a registered investment adviser. All are Prudential Financial affiliates. ©2024 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, Jennison Associates 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