Pramerica Fixed Income Information

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, N.J.; London, Singapore and Tokyo. As of March 31, 2016, the firm has $621 billion of assets under management including $222 billion in institutional assets, $105 billion in retail assets, and $294 billion in proprietary assets. PGIM Fixed Income manages assets for institutional clients and retail investors worldwide and currently manages assets for 29 of the top Fortune 100 companies, 25 of the 100 largest global pension funds, and several sovereign wealth funds, central banks, and large government entities.1 PGIM Fixed Income is the global asset manager primarily focused on public fixed income investments, whose United States business operates as a unit within PGIM, Inc. (formerly known as Pramerica Investment Management.) (“PGIM”). PGIM is the largest investment adviser within Prudential Financial, Inc. (“PFI”). As of March 31, 2016, PGIM had $1.0 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.2 PGIM Fixed Income operates primarily through PGIM Inc., a registered investment adviser and a PFI company. PFI of the United States is not affiliated with Prudential plc, which is headquartered in the United Kingdom. PGIM, the PGIM logo, and the Rock symbol are service marks of PFI and its related entities, registered in many jurisdictions worldwide. 1 Source of Fortune 500 list: Fortune issued June 4, 2015.Source of Global Pension Fund data: IPE Top 1000 Global Institutional Investors - 2015 and S&P’s MMD Top 100 Global Pensions. Number of 100 largest global pension funds. 2 Source: IPE Research-Top 400 Asset Managers, June 2015, based on 12/31/2014 assets under management. For general inquiries: Email: fixedincomerequests@pgim.com