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Overall Morningstar Rating TM
Barron’s Best Fund Families 2024

Barron’s Best Fund Families: Ranked #4 for best fund family over the 1-year period ended 12/31/2024, among 48 qualifying fund families based on asset- weighted returns.

Objective

Seeks income and long-term capital growth by investing in a dynamically managed diversified portfolio of income oriented securities.

  • A Diversified Income Solution: The Fund provides a diversified approach with a goal of obtaining higher income by investing in multiple asset classes (stocks, bonds, hybrids, and alternative income securities).
  • Tactically allocates among income asset classes to help balance the yield/risk trade-off: The Fund adjusts its allocations as market conditions change in order to help provide a balance of yield, return, and risk.
  • Fund’s tactical asset allocation decisions led by PGIM Quantitative Solutions: PGIM Quantitative Solutions experienced team of managers and analysts have been overseeing asset allocation strategies for major corporations, foundations and pension funds worldwide. As of 3/31/2025, PGIM Quantitative Solutions manages approximately $104 billion overall AUM, with $52 billion in global multi-asset solutions. Their asset allocation team consists of 22 professionals averaging 22 years of investment experience.

FUND INFORMATION
Style: Income
Total Net Assets: $238 Million
Dividends (Paid): Monthly
Dividends (Accrued):
Capital Gains: Annually
Fund Statistics
AS OF
Name
Weight
Average Maturity (years) 8.0
Duration (years) 5.6
Standard Deviation (3 year) 10.1