Active Management: Risk-Focused Process
January 31, 2020
Morningstar Awards 2017. ©2018 Morningstar, Inc. All rights reserved. Robert Tipp, Michael Collins, Richard Piccirillo, and Gregory Peters; PGIM Total Return Bond Fund (PDBZX) awarded U.S. Fixed-Income Fund Manager of the Year. The Fund was renamed from Prudential Total Return Bond Fund on 6/11/2018. The Fund Manager of the Year award winners are chosen based on research and in-depth qualitative evaluation by Morningstar's Manager Research Group.
Mutual fund investing involves risk. Some mutual funds have more risk than others. Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost. 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. Asset allocation and diversification do not assure a profit or protect against loss in declining markets. There is no guarantee that dividends will be paid.
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 the PGIM Investments Sales Desk at (800) 396-5501 to obtain the prospectus and summary prospectus. Read them carefully before investing.
Mutual funds are distributed by Prudential Investment Management Services LLC (PIMS). PGIM Fixed Income is a unit of PGIM, Inc. (PGIM), a registered investment advisor. PIMS and PGIM are Prudential Financial companies. © 2018 Prudential Financial, Inc. and its related entities. PGIM and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
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The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. Clients seeking information regarding their particular investment needs should contact a financial professional. For financial professional use only. Not for use with the public. 0317941-00002-00