PGIM Investments Wins 2024 LSEG Lipper Group Award for Mixed Assets

PGIM Investments is honored to receive several 2024 LSEG Lipper Fund Awards recognizing the firm for investment excellence, including the U.S. Group Award for Mixed Assets (Firm Size: Large) over three years, and four fund awards across multiple asset classes. The U.S. Group Award for Mixed Assets is attributed to strong performance from the PGIM Target Date Funds, along with Balanced, Income Builder and Real Asset Funds.

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Stuart Parker, President and CEO, PGIM Investments (Photo: Business Wire)

For more than three decades, the Lipper awards have recognized funds and fund management firms for their consistently strong risk-adjusted performance relative to their peers. This is the 14th consecutive year that PGIM Investments’ funds have received Lipper Awards.

“We are honored to be recognized by Lipper for our strong investment performance across a range of asset classes. These awards reflect the deep expertise of our affiliate asset managers and our ability to outperform for our clients over time,” said Stuart Parker, president and CEO of PGIM Investments.

In addition, the following funds received awards for outstanding performance in their respective categories for the 3-year period ending Nov. 30, 2023*:

• The PGIM Target Date 2020 Fund was named best-in-class among Mixed Asset Target 2020 funds for the 3-year period (R6 share class, PDDJX) out of 128 funds.
• The PGIM Absolute Return Bond Fund was named best-in-class among Absolute Return Bond funds for the 3-year period (R6 share class, PADQX) out of 86 funds.
• The PGIM Securitized Credit Fund was named best-in-class among Alternative Credit Focus funds for the 3-year period (R6 share class, SCFQX) out of 93 funds.
• The PGIM U.S. Real Estate Fund was named best-in-class among Real Estate funds for the 3-year period (Z share class, PJEZX) out of 200 funds.

Learn more about PGIM Investments’ funds.

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 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.