* Shares of the funds are offered only to certain Prudential Funds.

** Shares of the PGIM 60/40 Allocation Fund are available for purchase only by Prudential (including any program or account sponsored by Prudential or an affiliate that includes the Fund as an available option).

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.