PGIM launches three Retirement Spending Funds for personalized spending goals - Seite 2

ABOUT PGIM INVESTMENTS 
PGIM Investments LLC and its affiliates offer more than 100 funds globally across a broad spectrum of asset classes and investment styles. All products draw on PGIM’s globally diversified investment platform that encompasses the expertise of managers across fixed income, equities, alternatives, and real estate.

ABOUT PGIM 
PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. For more information about PGIM, visit pgim.com.

Prudential Financial, Inc. (PFI) 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. For more information, please visit news.prudential.com.

¹ The term PGIM as used in this announcement includes PGIM Investments LLC and PGIM DC Solutions LLC, both of which are affiliates of PGIM, Inc., an indirect, wholly owned subsidiary of Prudential Financial, Inc.

PGIM DC Solutions aims to help participants achieve their retirement goals through their suite of “PGIM RetireWell” solutions. These solutions may include a range of investment options including target date portfolios, retirement income strategies, and managed accounts that can be coupled with our proprietary advice engine. There is no guarantee that investment or retirement goals will be achieved. Use of the term “RetireWell” and any related phrase is not intended to indicate that such goals will be achieved.

Risks—Risks of investing in the funds include but are not limited to the following: Equity and equity-related securities may be subject to changes in value, and their values may be more volatile than those of other asset classes. Fixed Income investments are subject to credit, market, prepayment and interest rate risks, and their value will decline as interest rates rise. As a “fund of funds”, the funds are subject to the performance and risks of the underlying funds and their investments. Small- and mid-cap investments may be subject to more erratic market movements than large-cap stocks. Mortgage-backed and asset-backed securities tend to increase in value less than other debt securities when interest rates decline but are subject to a similar risk of decline in market value during periods of rising interest rates. Investing in real estate poses certain risks related to overall and specific economic conditions as well as risks related to individual property, credit and interest rate fluctuations. Asset allocations to underperforming or volatile asset classes or other changes in asset allocations could lead to increased volatility in the Fund’s portfolio. The Funds’ manager serves as the manager of the underlying affiliated funds, and a conflict of interest could affect how the manager and subadvisors fulfill their fiduciary duties to the Fund and the underlying funds. There is no guarantee the Fund's objective will be achieved. Risks are more fully explained in the fund's prospectus.