Prudential QMA Global Tactical Allocation Fund

Seeks capital growth over the long term comparable to global equity markets with lower risk profile.

A unique Approach to Global Tactical Multi-Asset Class Investing: The Fund combines diversified return sources through long and short exposures that capture potential alpha opportunities across multiple geographies and markets. By using complementary sources of returns, the Fund, when combined with a traditional portfolio of stocks and bonds,may reduce downside losses in market downturns.
 
 


Portfolio Attributes as of 10/31/2017

Asset Class Exposure (% of Assets)
  LongShortNet
Commodities
9.9 % -7.1 % 2.8 %
Currencies
32.2-32.3-0.2
Equities
91.6-26.265.4
Fixed Income
24.3-31.4-7.1
All data is unaudited and subject to change. Holdings/allocations may vary. Totals may not sum due to rounding. This is not a recommendation to buy or sell any security listed.

Key Fund Details

 
ClassFund IDCusipTicker
A113274440K728PTALX
C113374440K710PTCLX
Q113474440K694PTQLX
Z113574440K686PTZLX
 

 

 
 
Derivative securities (including futures, options, and swaps) carry market, credit/counterparty, liquidity, and leverage risks; commodities may be speculative and more volatile, which may subject the Fund to counterparty and volatility risk; investing in a wholly owned Cayman subsidiary and changes in the laws of the Cayman Islands and of the Internal Revenue Service could result in the inability of the Fund to effect its desired commodity investment strategy; short positions involve risk of potentially unlimited losses; and leveraging may magnify losses. There is the possibility that segregation or changes in the amount of required asset segregation involving a large percentage of the Fund’s assets could impede portfolio management or the Fund’s ability to meet redemption requests or other current obligations or that the Fund may be required to dispose of some of its investments at unfavorable prices or times. Currencies are subject to the risk that the value of a particular currency will change in relation to the US dollar or other currencies. Fixed income investments are subject to interest rate, credit, and liquidity risk; some of the US government securities investments are backed by the full faith and credit of the US government, meaning that payment of interest and principal is guaranteed, but yield and market value are not. The Fund and its Cayman subsidiary are each deemed a commodity pool, and compliance with certain commodity pool regulations may cause the Fund’s expenses to increase. Non-US securities may not be as stable and less liquid than U.S. stocks and bonds; investments in emerging market securities are subject to greater volatility and price declines. Diversification and asset allocation do not guarantee a profit or protect against a loss in declining markets. The risks associated with the Fund are more fully explained in the prospectus and summary prospectus. These risks may increase the Fund’s share price volatility. There is no guarantee the Fund’s objective will be achieved.

Source: PGIM, Inc. (PGIM) and Lipper Inc. PGIM is a Prudential Financial company. Source of Sector classification: S&P/MSCI.                                                   

Class Q and Z shares may be available to group retirement plans and institutional investors through certain retirement, mutual fund wrap and asset allocation programs, and to institutions at an investment minimum of $5,000,000. Performance by share class may vary. Other share classes, which contain either a sales load or a contingent deferred sales charge, are also available. These expenses could lower total fund return. Please see the prospectus for additional information about fees, expenses and investor eligibility requirements.

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. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.

Mutual funds are distributed by Prudential Investment Management Services LLC, a Prudential Financial company and member SIPC. QMA is the primary business name of Quantitative Management Associates LLC, a wholly owned subsidiary of PGIM. PGIM Fixed Income is a unit of PGIM. PGIM is a registered investment advisor and Prudential Financial company. QMA, Quantitative Management Associates, The Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

 

These materials are for informational or educational purposes only. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. In providing these materials PGIM Investments is not acting as your fiduciary as defined by the Department of Labor.

Mutual funds are not insured by the FDIC or any federal government agency, are not a deposit of or guaranteed by any bank or any bank affiliate, and may lose value.


Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.


0276220-00005-00    Ed. 3/2017