PGIM Broad Market U.S. High Yield Bond Fund USD W Accumulation

The investment objective of the Fund is to achieve a return through a combination of current income and capital appreciation while preserving invested capital through investment. The Fund seeks to add value through active management by using a relative value, fundamental credit approach to select opportunities in the U.S. high yield bond market. The relative value approach involves looking at the fundamental credit ranking and the yield and yield expectation of issuers to assess which investment offers the best risk-adjusted return. There is no assurance that such objective will be achieved.