PGIM Fixed Income

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. The company has portfolio management and research teams in Newark, New Jersey, London, Tokyo and Singapore. As of December 31, 2019, the firm has $851 billion of assets under management including $365 billion in institutional assets, $159 billion in retail assets, and $327 billion in proprietary assets. More than 500 institutional asset owners have entrusted PGIM Fixed Income with their assets. At PGIM Fixed Income, we believe that research-driven security selection is the most consistent strategy for adding value to client portfolios. The firm complements that base strategy with active sector rotation, duration management, and superior trade execution. Risk management is central to our approach. PGIM Fixed Income is a United States business operating as a unit within PGIM, Inc. (formerly known as Prudential Investment Management, Inc.) (“PGIM”). PGIM is the largest investment adviser within Prudential Financial, Inc. (“PFI”). As of December 31, 2019, PGIM had $1.3 trillion in assets under management across their real estate, equity, public fixed income, and private fixed income businesses and is ranked 9th among IPE’s top 400 asset managers.1 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. 1 Source: IPE Research-Top 400 Asset Managers, June 2016, based on 12/31/2015 assets under management. For Professional and Institutional Investor Use Only. Your capital is at risk and the value of investments can go down as well as up. Disclaimer: PGIM.com/Disclaimer For general inquiries: [email protected]