As the fallout from the coronavirus continues, investors’ increasing concerns are driving heightened market volatility. After global markets ended significantly down last week, investors worldwide are focused on the continuing impact of the coronavirus and where markets will go from here.
Join us as Michael Collins, CFA, Senior Portfolio Manager at PGIM Fixed Income, answers some of the biggest questions on advisors’ minds in this uncertain market environment, including:
Total Return Bond Fund Risk Information
The Fund may invest in high yield (“junk”) bonds (up to 30%), which are subject to greater credit and market risks; foreign securities (up to 30%), which are subject to currency fluctuation and political uncertainty; mortgage-related securities which are subject to prepayment risks; short sales, which involve costs and the risk of potentially unlimited losses; leveraging techniques, which may magnify losses; and derivative securities, which may carry market, credit, and liquidity risks. The Fund may not be invested in all sectors at a given time. Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise. Diversification does not assure a profit or protect against loss in declining markets. U.S. government securities and U.S. Treasury bills are backed by the full faith and credit of the U.S. government, are less volatile than equity investments, and provide a guaranteed return of principal at maturity. These risks may increase the Fund’s share price volatility. There is no guarantee the Fund’s objective will be achieved.
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) 257-3893 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. © 2020 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.
For Financial Professional Use Only 1032640-00001-00 Expiration Date:12/31/2020_1597351019481