UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934 (Amendment No. )

Filed by the Registrant ☒

Filed by a Party other than the Registrant ☐

Check the appropriate box:

☐	Preliminary Proxy Statement
☐	Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☒	Definitive Proxy Statement
☐	Definitive Additional Materials
☐	Soliciting Material Pursuant to §240.14a-12

PGIM ETF Trust

Prudential Global Total Return Fund, Inc.

Prudential Government Money Market Fund, Inc.

The Prudential Investment Portfolios, Inc.

Prudential Investment Portfolios 2

Prudential Investment Portfolios 3

Prudential Investment Portfolios 4

Prudential Investment Portfolios 5

Prudential Investment Portfolios 6

Prudential Investment Portfolios 7

Prudential Investment Portfolios 8

Prudential Investment Portfolios 9

Prudential Investment Portfolios, Inc. 10

Prudential Investment Portfolios 12

Prudential Investment Portfolios, Inc. 14

Prudential Investment Portfolios, Inc. 15

Prudential Investment Portfolios 16

Prudential Investment Portfolios, Inc. 17

Prudential Investment Portfolios 18

Prudential Jennison Blend Fund, Inc.

Prudential Jennison Mid-Cap Growth Fund, Inc.

Prudential Jennison Small Company Fund, Inc.

Prudential National Muni Fund, Inc.

Prudential Sector Funds, Inc.

Prudential Short-Term Corporate Bond Fund, Inc.

Prudential World Fund, Inc.

Prudential Jennison Natural Resources Fund, Inc.

The Target Portfolio Trust

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

☒	No fee required.
☐	Fee paid previously with preliminary materials.
☐	Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.

PGIM ETF Trust				Prudential Global Total Return Fund, Inc.
Prudential Government Money Market Fund, Inc.				The Prudential Investment Portfolios, Inc.
Prudential Investment Portfolios 2				Prudential Investment Portfolios 3
Prudential Investment Portfolios 4				Prudential Investment Portfolios 5
Prudential Investment Portfolios 6				Prudential Investment Portfolios 7
Prudential Investment Portfolios 8				Prudential Investment Portfolios 9
Prudential Investment Portfolios, Inc. 10				Prudential Investment Portfolios 12
Prudential Investment Portfolios, Inc. 14				Prudential Investment Portfolios, Inc. 15
Prudential Investment Portfolios 16				Prudential Investment Portfolios, Inc. 17
Prudential Investment Portfolios 18				Prudential Jennison Blend Fund, Inc.
Prudential Jennison Mid-Cap Growth Fund, Inc.				Prudential Jennison Small Company Fund, Inc.
Prudential National Muni Fund, Inc.				Prudential Sector Funds, Inc.
Prudential Short-Term Corporate Bond Fund, Inc.				Prudential World Fund, Inc.
Prudential Jennison Natural Resources Fund, Inc.				The Target Portfolio Trust

PGIM Investments LLC
655 Broad Street,
Newark, New Jersey 07102

October 30, 2026

Dear Shareholder:

You are cordially invited to attend a joint special meeting (the "Meeting") of shareholders of each of the registrants named above (each, a "Registrant"), on behalf of each fund organized as a series of a Registrant (each, a "Fund" and collectively, the "Funds"), which will be held at 655 Broad Street, 6th Floor, Newark, New Jersey 07102. The Meeting will be held on December 21, 2026 at 10:00 a.m., Eastern Time. At the Meeting, shareholders of all of the Funds will consider Proposal No. 1, and shareholders of PGIM Jennison Focused Growth Fund, a series of Prudential Investment Portfolios 3, will also consider Proposal Nos. 2 and 3.

The Meeting has been called by the Board of Trustees or Board of Directors, as applicable (each, a "Board"), of each Registrant to vote on several important proposals relating to the management and operation of your Fund, as more fully discussed in the proxy statement.

The Boards have reviewed the proposals and have recommended that they be presented for your consideration: the final decision is yours. Shareholders of all of the Funds are being asked to elect Board members, and shareholders of PGIM Jennison Focused Growth Fund are also being asked to approve certain additional proposals as described in the accompanying proxy statement. To save money for your Fund, one proxy statement has been prepared for all of the Funds. The accompanying proxy statement includes a detailed description of each of the proposals relating to your Fund.

Enclosed with this letter are the formal notice of the Meeting, answers to questions you may have about the proposals, and the proxy statement. If you have any questions about the enclosed proxy or need any assistance in voting your shares or need directions to the Meeting of shareholders, please call 1-888-874-8506.

To vote, you may use any of the following methods:

• By Mail. Please complete, date and sign your proxy card before mailing it in the enclosed postage-paid envelope.

• By Internet. Have your proxy card available. Go to the website listed on your proxy card. Enter your control number from your proxy card. Follow the simple instructions found on the website. Votes must be entered by 11:59 p.m. Eastern Time on the day prior to the Meeting.

• By Telephone. Have your proxy card available. Call the toll-free number listed on your proxy card. Enter the control number from your proxy card. There is no charge to you for the call. Follow the recorded instructions. Votes must be entered by 11:59 p.m. Eastern Time on the day prior to the Meeting.

• In Person. Attend the Meeting and vote your shares in person.

Important Information To Help You Understand and Vote On the Proposals

Please read the enclosed proxy statement for a complete description of the proposals. However, as a quick reference, the following questions and answers provide a brief overview of the proposals.

Q. What am I being asked to vote on?

A. You are being asked to vote on one or more of the following proposals, depending on the Fund or Funds whose shares you own: Proposal No. 1—Election of Board Members, under which shareholders are being asked to elect the nominees named in the proxy statement to the Board of each Registrant of which they are eligible shareholders; Proposal No. 2—Modified Manager-of-Managers Policy, under which shareholders of PGIM Jennison Focused Growth Fund are being asked to approve a policy to permit the Fund's manager, PGIM Investments LLC (the "Manager"), to enter into or make material changes to the Fund's subadvisory agreement(s) with wholly-owned subadvisers without shareholder approval; and Proposal No. 3—Fundamental Investment Policies, under which shareholders of PGIM Jennison Focused Growth Fund are being asked to approve changes to fundamental investment policies concerning underwriting, real estate, and commodities. The changes under Proposal No. 3 are presented as separate sub-proposals. Your proxy card or voting instruction form will identify the proposals on which you are entitled to vote.

Q. Will I vote on every proposal described in the proxy statement?

A. No. You will vote only on the proposals applicable to the Fund or Funds whose shares you own. Proposal No. 1 applies to shareholders eligible to vote in the election of the applicable Registrant's Board. Proposals No. 2 and No. 3 apply only to PGIM Jennison Focused Growth Fund. Your proxy card or voting instruction form will identify each proposal on which you are entitled to vote.

Q. Are you recommending a new Board for the Funds?

A. No. Of the thirteen Board nominees, all but three currently serve on the existing Boards. Eleven of the individual Board nominees are independent of the Manager.

Q. Why is the Manager seeking authority to enter into or make material changes to subadvisory agreements with wholly-owned subadvisers with respect to PGIM Jennison Focused Growth Fund?

A. Currently, the Manager, with Board approval, can enter into and amend subadvisory agreements with subadvisers that are not affiliated with the Manager without obtaining shareholder approval with respect to PGIM Jennison Focused Growth Fund, thereby avoiding the expense and delay entailed in seeking shareholder approval and permitting the Fund to more quickly and efficiently respond to changes in market conditions and other factors. The Manager and the Board of Prudential Investment Portfolios 3 believe that it is in the best interests of PGIM Jennison Focused Growth Fund and its shareholders to similarly permit the Manager to enter into or materially amend subadvisory agreements with wholly-owned subadvisers, subject to Board approval, but without shareholder approval.

Q. Why am I being asked to approve changes to certain fundamental investment policies?

A. The Board of Prudential Investment Portfolios 3 is proposing to modernize and standardize PGIM Jennison Focused Growth Fund's fundamental policies concerning underwriting, real estate, and commodities. The proposed policies would replace activity-specific restrictions with policies that permit the applicable activity to the extent not prohibited by the 1940 Act. The proposed policies are broader than the current policies and are intended to provide additional flexibility as applicable law and regulatory interpretations evolve. Approval would not, by itself, change PGIM Jennison Focused Growth Fund's investment objective or principal investment strategies or require PGIM Jennison Focused Growth Fund to use the additional flexibility.

Q. Will approval of Proposal Nos. 2 or 3 increase PGIM Jennison Focused Growth Fund's management fee or change how the Fund is managed?

A. No. Approval of Proposal No. 2 will not increase or decrease the management fee paid by PGIM Jennison Focused Growth Fund to the Manager. Approval of Proposal No. 3 will not change PGIM Jennison Focused Growth Fund's investment objective or principal investment strategies. Any future action taken under an approved proposal would remain subject to Board oversight, the Fund's disclosed investment policies, and applicable law.

Q. What happens if shareholders do not approve Proposal No. 2 or an applicable sub-proposal under Proposal No. 3?

A. If shareholders of PGIM Jennison Focused Growth Fund do not approve Proposal No. 2, the Fund will not implement the Modified Manager-of-Managers Policy and will continue to operate under its existing manager-of-managers authority. If shareholders of PGIM Jennison Focused Growth Fund do not approve a sub-proposal under Proposal No. 3, the Fund's existing fundamental policy on that subject will remain in effect.

PGIM ETF Trust				Prudential Global Total Return Fund, Inc.
Prudential Government Money Market Fund, Inc.				The Prudential Investment Portfolios, Inc.
Prudential Investment Portfolios 2				Prudential Investment Portfolios 3
Prudential Investment Portfolios 4				Prudential Investment Portfolios 5
Prudential Investment Portfolios 6				Prudential Investment Portfolios 7
Prudential Investment Portfolios 8				Prudential Investment Portfolios 9
Prudential Investment Portfolios, Inc. 10				Prudential Investment Portfolios 12
Prudential Investment Portfolios, Inc. 14				Prudential Investment Portfolios, Inc. 15
Prudential Investment Portfolios 16				Prudential Investment Portfolios, Inc. 17
Prudential Investment Portfolios 18				Prudential Jennison Blend Fund, Inc.
Prudential Jennison Mid-Cap Growth Fund, Inc.				Prudential Jennison Small Company Fund, Inc.
Prudential National Muni Fund, Inc.				Prudential Sector Funds, Inc.
Prudential Short-Term Corporate Bond Fund, Inc.				Prudential World Fund, Inc.
Prudential Jennison Natural Resources Fund, Inc.				The Target Portfolio Trust

PGIM Investments LLC
655 Broad Street
Newark, New Jersey 07102
1-800-225-1852

NOTICE OF JOINT SPECIAL MEETING OF SHAREHOLDERS
October 30, 2026

NOTICE IS HEREBY GIVEN THAT joint special meetings of shareholders (collectively, the "Meeting") of each of the registrants named above (each, a "Registrant"), on behalf of each fund organized as a series of a Registrant (each, a "Fund" and collectively, the "Funds"), have been called to be held at 655 Broad Street, 6th Floor, Newark, New Jersey 07102 on December 21, 2026 at 10:00 a.m., Eastern Time. The Meeting is being held for the following purposes:

1. For all Registrants, to elect Trustees or Directors to the Board of Trustees or Board of Directors, as applicable, of each Registrant of which you are an eligible shareholder (each, a "Board").

2. For PGIM Jennison Focused Growth Fund, to approve a policy to permit PGIM Investments LLC (the "Manager") to enter into or make material changes to the Fund's subadvisory agreements with subadvisers that are wholly-owned subsidiaries of the Manager or a sister company of the Manager ("Wholly-Owned Subadvisers") without shareholder approval.

3. For PGIM Jennison Focused Growth Fund, to approve changes to certain fundamental investment policies, consisting of separate sub-proposals concerning: (a) underwriting; (b) real estate; and (c) commodities.

4. To transact such other business as may properly come before the Meeting or any adjournment or postponement thereof, to the extent permitted by the applicable Registrant's governing documents and applicable law.

Shareholders will vote only on the proposals applicable to the Fund or Funds whose shares they own. The applicable proposals will be identified on each shareholder's proxy card or voting instruction form.

The election of a nominee to the Board of Trustees or Board of Directors, as applicable, requires the affirmative vote of a plurality of the votes cast at the Meeting by the applicable Registrant's shareholders, except that, with respect to Prudential Government Money Market Fund, Inc., the election of a nominee requires the affirmative vote of a majority of the votes cast at the Meeting by that Registrant's shareholders; with respect to Prudential Investment Portfolios 4, the election of a nominee requires the affirmative vote of a majority of the shares present at the Meeting; and, with respect to Prudential Investment Portfolios 6 and Prudential Investment Portfolios 7, the election of a nominee requires the affirmative vote of a majority of the shares represented in person or by proxy and entitled to vote at the Meeting, in each case provided a quorum is present. Approval of Proposal No. 2 and each applicable sub-proposal under Proposal No. 3 requires the affirmative vote at the Meeting of a "majority of the outstanding voting securities" of PGIM Jennison Focused Growth Fund, as defined in the Investment Company Act of 1940, as amended. Each proposal is independent of the other proposals, and shareholders may vote on each proposal separately. Approval of any proposal is not conditioned on the approval of any other proposal.

Shareholders of record as of the close of business on October 19, 2026 are entitled to notice of, and to vote at, the Meeting (or any adjournment of the Meeting).

PGIM ETF Trust				Prudential Global Total Return Fund, Inc.
Prudential Government Money Market Fund, Inc.				The Prudential Investment Portfolios, Inc.
Prudential Investment Portfolios 2				Prudential Investment Portfolios 3
Prudential Investment Portfolios 4				Prudential Investment Portfolios 5
Prudential Investment Portfolios 6				Prudential Investment Portfolios 7
Prudential Investment Portfolios 8				Prudential Investment Portfolios 9
Prudential Investment Portfolios, Inc. 10				Prudential Investment Portfolios 12
Prudential Investment Portfolios, Inc. 14				Prudential Investment Portfolios, Inc. 15
Prudential Investment Portfolios 16				Prudential Investment Portfolios, Inc. 17
Prudential Investment Portfolios 18				Prudential Jennison Blend Fund, Inc.
Prudential Jennison Mid-Cap Growth Fund, Inc.				Prudential Jennison Small Company Fund, Inc.
Prudential National Muni Fund, Inc.				Prudential Sector Funds, Inc.
Prudential Short-Term Corporate Bond Fund, Inc.				Prudential World Fund, Inc.
Prudential Jennison Natural Resources Fund, Inc.				The Target Portfolio Trust

PGIM Investments LLC
655 Broad Street
Newark, New Jersey 07102
1-800-225-1852

JOINT PROXY STATEMENT
Joint Special Meeting of Shareholders
December 21, 2026

This joint proxy statement is being sent to you by the Board of Trustees or Board of Directors, as applicable (each, a "Board"), of each Registrant named above (each, a "Registrant"), on behalf of each fund organized as a series of a Registrant, as described in Appendix A hereto (each, a "Fund" and collectively, the "Funds"). For purposes of this proxy statement, "Board Members" means the Trustees or Directors, as applicable; "1940 Act" means the Investment Company Act of 1940, as amended; "Exchange Act" means the Securities Exchange Act of 1934, as amended; "SEC" means the U.S. Securities and Exchange Commission; "Fund Complex" means the investment companies managed by PGIM Investments LLC and overseen by the applicable Boards; "Independent Board Members" means Board Members who are not "interested persons" of a Registrant as defined in the 1940 Act; and "PGIM Investments," the "Manager," or the "Administrator" means PGIM Investments LLC.

The Board of each Registrant is asking you to complete and return the enclosed proxy card, permitting your shares of the applicable Fund to be voted at the joint special meetings of shareholders to be held at 655 Broad Street, 6th Floor, Newark, New Jersey 07102 on December 21, 2026, at 10:00 a.m., Eastern Time, or any adjournment or postponement thereof (collectively, the "Meeting"). The Meeting will be a special meeting for each Registrant. Shareholders of record at the close of business on October 19, 2026 (the "Record Date") are entitled to vote at the Meeting. You are entitled to one vote for each share you hold, with a fraction of a vote for each fraction of a share. This joint proxy statement and enclosed proxy are first being mailed to shareholders on or about November 3, 2026. Each Registrant's Board has determined that the use of this joint proxy statement for the Meeting is in the best interests of each Fund and its shareholders in light of the matters being considered and voted on by the shareholders.

At the Meeting, shareholders of all Funds will be asked to consider the election of Board Members under Proposal No. 1 and shareholders of PGIM Jennison Focused Growth Fund will be asked to consider the approval of a modified manager-of-managers policy under Proposal No. 2 and changes to certain fundamental investment policies under Proposal No. 3. Shareholders will vote only on the proposals applicable to the Fund or Funds whose shares they own, as identified on their proxy card or voting instruction form.

Summary of Proposals.

Proposal				Shareholders Solicited
Proposal No. 1 (Election of Board Members)				Shareholders of all Funds of each Registrant
Proposal No. 2 (Modified Manager-of-Managers Policy)				Shareholders of PGIM Jennison Focused Growth Fund
Proposal Nos. 3(a), 3(b), and 3(c) (Fundamental Investment Policies)				Shareholders of PGIM Jennison Focused Growth Fund

You should have received your Fund's most recent annual or semi-annual report to shareholders. If you would like another copy of the annual report, or a copy of the most recent semi-annual report, you may request one by contacting the Fund at (800) 225-1852. The reports will be sent to you without charge. Each Registrant will furnish, without charge, a copy of the annual report and the most recent semi-annual report succeeding the annual report, if any, by first-class mail or other means designed to assure prompt delivery within three business days after receiving the request.

Each Registrant is an open-end management investment company registered under the 1940 Act. Appendix A indicates the state in which each Registrant is organized. Registrants organized in Maryland (MD) are Maryland corporations; Registrants organized in Delaware (DE) are Delaware statutory trusts; and Registrants organized in Massachusetts (MA) are Massachusetts business trusts.

PROPOSAL NO. 1

ELECTION OF BOARD MEMBERS

THIS PROPOSAL APPLIES TO ALL REGISTRANTS

The purpose of this proposal is to elect thirteen Board Members to serve on the Board of each Registrant. The nominees for election are Ellen S. Alberding, Kevin J. Bannon, Linda W. Bynoe, Teresa H. Clarke, Barry H. Evans, Keith F. Hartstein, Laurie Simon Hodrick, Brian K. Reid, Grace C. Torres, Leonardo M. Zerilli, Freda Lam Zietlow, Stuart S. Parker, and Scott E. Benjamin. Each nominee, except for Teresa H. Clarke, Leonardo M. Zerilli, and Freda Lam Zietlow, is currently a Board Member of each Registrant. Each of the nominees has consented to being named in this proxy statement and has indicated a willingness to serve or continue to serve, as applicable, if elected.

Section 16 of the 1940 Act effectively requires that at least two-thirds of the members of a registered investment company's board be elected by shareholders immediately after the board's appointment of a new director. In addition, there must be a majority of shareholder-elected Board Members on each Board. The last time that shareholders of most Registrants elected Board Members was in 2014. Since that time, as a result of retirements and subsequent appointments of new Board Members, each Registrant is near or at its statutory limit under the 1940 Act and can no longer appoint additional Board Members without a shareholder vote.

To ensure the continuity and uninterrupted functioning of the Board of each Registrant in compliance with the 1940 Act, and to allow each Board to appoint new members in the future as circumstances and conditions may warrant, each Registrant's current Board Members believe that it is prudent and appropriate for shareholders to elect each nominee for each Registrant covered by this proxy statement. By electing the nominees, the Board Members of each Registrant will have the flexibility necessary to appoint new members in the future in compliance with the requirements of the 1940 Act.

Unless otherwise directed, the persons named on the accompanying proxy card intend to vote at the Meeting FOR the election of each nominee as described above. Currently, there are ten Board Members, eight of whom are Independent Board Members. If each of the nominees is elected, there will be thirteen Board Members, eleven of whom will be Independent Board Members.

If elected, all nominees will hold office until the earlier to occur of: (a) the next meeting of shareholders of the Registrant at which Board Members are elected and until their successors are elected and qualified; or (b) until their terms expire in accordance with each Registrant's retirement policy; or (c) until they resign or are removed as permitted by law. Each Registrant's retirement policy generally calls for the retirement of Board Members on December 31 of the year in which they reach the age of 75.

The following tables set forth each Board Member's and nominee's position(s) with each Registrant, year of birth, principal occupation during the past five years, other directorships, and the year in which the Board Member or nominee first became a Board Member of the applicable Registrant.

Independent Board Member Nominees

Name
Year of Birth
Position(s)
Portfolios Overseen

Principal Occupation(s) During Past
Five Years

Other Directorships Held During
Past Five Years

Length of Board
Service

Ellen S. Alberding
1958
Director/Trustee
Portfolios Overseen: 104

Formerly, Chief Executive Officer and President, The Joyce Foundation (charitable foundation) (2002-2024); formerly Vice Chair, City Colleges of Chicago (community college system) (2011-2015); formerly Trustee, National Park Foundation (charitable foundation for national park system) (2009-2018); formerly Trustee, Economic Club of Chicago (2009-2016); Trustee, Loyola University (since 2018).

None.

Since September 2013 for all Registrants other than PGIM ETF Trust; since December 2017 for PGIM ETF Trust

Kevin J. Bannon
1952
Director/Trustee
Portfolios Overseen: 105

Retired; formerly Managing Director (April 2008-May 2015) and Chief Investment Officer (October 2008-November 2013) of Highmount Capital LLC (registered investment adviser); formerly Executive Vice President and Chief Investment Officer (April 1993-August 2007) of Bank of New York Company; formerly President (May 2003-May 2007) of BNY Hamilton Family of Mutual Funds.

Formerly, Director of Urstadt Biddle Properties (equity real estate investment trust) (September 2008-August 2023).

Since July 2008 for all Registrants other than PGIM ETF Trust; since December 2017 for PGIM ETF Trust

Linda W. Bynoe
1952
Director/Trustee
Portfolios Overseen: 102

President and Chief Executive Officer (since March 1995) and formerly Chief Operating Officer (December 1989-February 1995) of Telemat Limited LLC (formerly Telemat Ltd) (management consulting); formerly Vice President (January 1985-June 1989) at Morgan Stanley & Co. (broker-dealer).

Trustee of Equity Residential (residential real estate) (since December 2009); formerly, Director of Northern Trust Corporation (financial services) (April 2006-April 2025); formerly Director of Anixter International, Inc. (communication products distributor) (January 2006-June 2020).

Since March 2005 for all Registrants other than PGIM ETF Trust; since December 2017 for PGIM ETF Trust

Teresa H. Clarke
1963
Board Member Nominee
Portfolios Overseen: 0

Director, Arthur J. Gallagher & Co. (since 2021); Director, American Tower Corporation (since 2021); Chair, Advisory Board of Smithsonian National Museum of African Art (since 2022); Chair and Executive Editor, Africa.com LLC (since 2010); formerly Managing Director, Investment Banking Division, Goldman Sachs & Co (1989-1995 and 2004-2010).

Director, Arthur J. Gallagher & Co. (since 2021); Director, American Tower Corporation (since 2021).

N/A

Independent Board Member Nominees

Name
Year of Birth
Position(s)
Portfolios Overseen

Principal Occupation(s) During Past
Five Years

Other Directorships Held During
Past Five Years

Length of Board
Service

Brian K. Reid
1961
Director/Trustee
Portfolios Overseen: 105

Retired; formerly Chief Economist for the Investment Company Institute (ICI) (2005-2017); formerly Senior Economist and Director of Industry and Financial Analysis at the ICI (1998-2004); formerly Senior Economist, Industry and Financial Analysis at the ICI (1996-1998); formerly Staff Economist at the Federal Reserve Board (1989-1996); formerly Director, ICI Mutual Insurance Company (2012-2017).

None.

Since March 2018

Grace C. Torres
1959
Director/Trustee
Portfolios Overseen: 105

Retired; formerly Treasurer and Principal Financial and Accounting Officer of the PGIM Funds, Target Funds, Advanced Series Trust, Prudential Variable Contract Accounts and The Prudential Series Fund (1998-June 2014); Assistant Treasurer (March 1999-June 2014) and Senior Vice President (September 1999-June 2014) of PGIM Investments LLC; Assistant Treasurer (May 2003-June 2014) and Vice President (June 2005-June 2014) of AST Investment Services, Inc.; Senior Vice President and Assistant Treasurer (May 2003-June 2014) of Prudential Annuities Advisory Services, Inc.

Director (since January 2018) of OceanFirst Financial Corp. and OceanFirst Bank; formerly Director (July 2015-January 2018) of Sun Bancorp, Inc. N.A. and Sun National Bank.

Since November 2014 for all Registrants other than PGIM ETF Trust; since December 2017 for PGIM ETF Trust

Leonardo M. Zerilli
1974
Board Member Nominee
Portfolios Overseen: 0

Retired; formerly President and Chief Executive Officer, Manulife Investment Management Limited, Canada (2021-2025); Head of Wealth Management, Canada (2021-2025) and United States (2025); Chief Investment Officer, John Hancock Group of Funds (2012-2020); and Head of Investment Product, Global (2017-2020) and United States (2012-2017).

Formerly Director, Manulife Group of Funds (Canada) (2021-2025) and Chair (2022-2025); formerly Director, Manulife Investment Management (North America) Limited (2021-2025), formerly Director, Manulife Global Funds (Luxembourg and Cayman) (2018-2020); formerly Director, John Hancock Worldwide Investors (Ireland) (2018-2020); formerly Director, John Hancock Investment Advisors (U.S.) (2012-2017).

N/A

Freda Lam Zietlow
1972
Board Member Nominee
Portfolios Overseen: 0

Formerly Managing Director and Senior Portfolio Manager, Fiduciary Trust International, a Franklin Templeton company (2019-2024); formerly Founder, Peridot Capital Partners LLC (2017-2019); formerly Director of Portfolio Management, Bingham Osborn & Scarborough (2010-2017).

Director and Audit Committee Chair, Bank of the Orient (commercial bank) (2014-2019 and since 2022); Vice Chair, Myriad USA (since 2022); formerly Director, Give2Asia (2016-2024).

N/A

Interested Board Member Nominees

Name
Year of Birth
Position(s)
Portfolios Overseen

Principal Occupation(s) During Past
Five Years

Other Directorships Held During
Past Five Years

Length of Board
Service

Stuart S. Parker
1962
Director/Trustee & President
Portfolios Overseen: 105

President, Chief Executive Officer and Officer in Charge (since January 2012) of PGIM Investments LLC; President and Principal Executive Officer (since March 2022) of the PGIM Alternatives Funds and (since January 2012) of the PGIM Retail Funds; Senior Managing Director, Head of Global Wealth Division for PGIM (since March 2026); formerly Chief Operating Officer for PGIM Investments LLC (January 2012-January 2024); formerly Executive Vice President of Jennison Associates LLC and Head of Retail Distribution of PGIM Investments LLC (June 2005-December 2011); Investment Company Institute—Board of Governors (since May 2012).

None.

Since January 2012 for all Registrants other than PGIM ETF Trust; since December 2017 for PGIM ETF Trust

Scott E. Benjamin
1973
Director/Trustee & Vice President
Portfolios Overseen: 156

Executive Vice President (since May 2009) of PGIM Investments LLC; Vice President (since June 2012) of Prudential Investment Management Services LLC; Executive Vice President (since September 2009) of AST Investment Services, Inc.; Managing Director, Board Governance of PGIM—Global Wealth (since March 2026); formerly Senior Vice President, Global Product Management and Marketing (2006-2026) of PGIM Investments LLC; Vice President (since March 2022) of the PGIM Alternatives Funds and (since March 2010) of the PGIM Retail Funds; formerly Vice President of Product Development and Product Management, PGIM Investments LLC (2003-2006).

None.

Since March 2010 for all Registrants other than PGIM ETF Trust; since December 2017 for PGIM ETF Trust

Officers. The following table sets forth each officer's name and year of birth, position with each Registrant, principal occupation during the past five years and the date on which he or she first became an officer of the applicable Registrant. Each officer serves until his or her successor is chosen and qualified or until resignation or removal by the applicable Board.

Fund Officers^(a)
Name Year of Birth Fund Position	Principal Occupation(s) During Past Five Years	Length of Service as Fund Officer
Claudia DiGiacomo 1974 Chief Legal Officer	Chief Legal Officer, Executive Vice President and Secretary (since August 2020) of PGIM Investments LLC; Chief Legal Officer (since January 2024) of PGIM DC Solutions LLC, (since July 2022) of the PGIM Alternatives Funds and (since August 2020) of the PGIM Retail Funds, Prudential Annuities Funds, Prudential Mutual Fund Services LLC, and PIFM Holdco, LLC; Vice President and Corporate Counsel (since January 2005) of Prudential; and Corporate Counsel (since August 2020) of AST Investment Services, Inc.	Since December 2005

Fund Officers^(a)
Name Year of Birth Fund Position	Principal Occupation(s) During Past Five Years	Length of Service as Fund Officer
Patricia Flynn 1968 Chief Compliance Officer	Chief Compliance Officer (since May 2026) of the PGIM Retail Funds, Prudential Annuities Funds, PGIM Alternatives Funds, PGIM Investments LLC and AST Investment Services, Inc.; Vice President of Compliance at Prudential Financial Inc. (since March 2022); formerly Chief Compliance & Risk Officer at Intech Investments (November 2005 to March 2022).	Since May 2026
Andrew R. French 1962 Secretary	Vice President and Assistant Secretary (since January 2007) of PGIM Investments LLC; Secretary (since March 2022) of the PGIM Alternatives Funds and (since December 2018) of the PGIM Retail Funds and Prudential Annuities Funds; Vice President and Assistant Secretary (since January 2007) of Prudential Mutual Fund Services LLC.	Since October 2006
Melissa Gonzalez 1980 Assistant Secretary	Vice President and Corporate Counsel (since September 2018) of Prudential; Vice President and Assistant Secretary of DC Solutions (since August 2025); Vice President and Assistant Secretary (since August 2020) of PGIM Investments LLC; Vice President and Assistant Secretary (since June 2025) of AST Investment Services, Inc.; Assistant Secretary (since March 2022) of the PGIM Alternatives Funds, (since March 2020) of the PGIM Retail Funds and (since March 2019) of the Prudential Annuities Funds.	Since March 2020
Patrick E. McGuinness 1986 Assistant Secretary	Vice President and Corporate Counsel (since March 2026) of Prudential; Vice President and Assistant Secretary (since August 2020) of PGIM Investments LLC; Assistant Secretary (since March 2022) of the PGIM Alternatives Funds and (since June 2020) of the PGIM Retail Funds and Prudential Annuities Funds; formerly Director and Corporate Counsel (February 2017-March 2026) of Prudential.	Since June 2020
Debra Rubano 1975 Assistant Secretary	Vice President and Corporate Counsel (since November 2020) of Prudential; Assistant Secretary (since March 2022) of the PGIM Alternatives Funds and (since December 2020) of the PGIM Retail Funds and (since November 2020) of the Prudential Annuities Funds.	Since December 2020
George Hoyt 1965 Assistant Secretary	Vice President and Corporate Counsel (since September 2023) of Prudential; Assistant Secretary (since March 2024) of the Prudential Annuities Funds, (since December 2023) of the PGIM Retail Funds, and (since September 2023) of the PGIM Alternatives Funds; formerly Associate General Counsel of Franklin Templeton and Secretary and Chief Legal Officer of certain funds in the Franklin Templeton complex (2020-2023).	Since December 2023
Devan Goolsby 1991 Assistant Secretary	Vice President and Corporate Counsel (since May 2023) of Prudential; Assistant Secretary (since March 2024) of the Prudential Annuities Funds, (since December 2023) of the PGIM Retail Funds and (since September 2023) of the PGIM Alternatives Funds; formerly Associate at Eversheds Sutherland (US) LLP (2021-2023); and Compliance Officer at Bloomberg LP (2019-2021).	Since December 2023
Kelly A. Coyne 1968 Assistant Secretary	Director, Investment Operations (since 2010) of Prudential Mutual Fund Services LLC; Assistant Secretary (since March 2022) of the PGIM Alternatives Funds and (since March 2015) of the PGIM Retail Funds.	Since March 2015
Christian J. Kelly 1975 Chief Financial Officer	Managing Director, Head of Registered Products Fund Operations (since March 2026); Chief Financial Officer (since March 2023) of the PGIM Retail Funds and Prudential Annuities Funds and (since July 2022) of the PGIM Alternatives Funds; formerly Vice President, Global Head of Investment Operations (2018-2026) of PGIM Investments LLC; formerly Treasurer and Principal Financial Officer (January 2019-March 2023) of the PGIM Retail Funds and Prudential Annuities Funds; formerly Treasurer and Principal Financial Officer (March 2022-July 2022) of the PGIM Real Estate Fund, Inc.	Since January 2019

Fund Officers^(a)
Name Year of Birth Fund Position	Principal Occupation(s) During Past Five Years	Length of Service as Fund Officer
Russ Shupak 1973 Treasurer and Principal Accounting Officer	Executive Director, RIC Fund Administration (since March 2026); Treasurer and Principal Accounting Officer (since September 2023) of the PGIM Credit Income Fund, (since March 2023) of the PGIM Retail Funds, and (since July 2022) of the PGIM Real Estate Fund, Inc.; Assistant Treasurer (since September 2023) of the PGIM Rock ETF Trust, (since September 2022) of the PGIM Private Credit Fund and (since October 2019) of the Prudential Annuities Funds; formerly Vice President (2017-2026) within PGIM Investments Fund Administration; formerly Assistant Treasurer (March 2022-July 2022) of the PGIM Real Estate Fund, Inc.	Since October 2019
Lana Lomuti 1967 Assistant Treasurer	Senior Director, RIC Fund Administration (since March 2026); Assistant Treasurer (since April 2014) of the PGIM Retail Funds and Prudential Annuities Funds; formerly Vice President (2007-2026) within PGIM Investments Fund Administration.	Since April 2014
Deborah Conway 1969 Assistant Treasurer	Senior Director, RIC Tax (since March 2026); Assistant Treasurer (since October 2019) of the PGIM Retail Funds and Prudential Annuities Funds; formerly Vice President (2017-2026) within PGIM Investments Fund Administration.	Since October 2019
Elyse M. McLaughlin 1974 Assistant Treasurer	Executive Director, RIC Fund Administration (since March 2026); Treasurer and Principal Accounting Officer (since September 2023) of the PGIM Rock ETF Trust, (since March 2023) of the Prudential Annuities Funds, and (since September 2022) of the PGIM Private Credit Fund; Assistant Treasurer (since September 2023) of the PGIM Credit Income Fund, (since March 2022) of the PGIM Real Estate Fund, Inc., and (since October 2019) of the PGIM Retail Funds; formerly Vice President (2017-2026) within PGIM Investments Fund Administration.	Since October 2019
Robert W. McCormack 1973 Assistant Treasurer	Senior Director, RIC Fund Administration (since March 2026); Assistant Treasurer (since March 2023) of the PGIM Retail Funds and Prudential Annuities Funds and (since March 2022) of the PGIM Alternatives Funds; formerly Vice President (2019-2026) within PGIM Investments Fund Administration.	Since March 2023
Tiffany Khan 1988 Anti-Money Laundering Compliance Officer	Director, Corporate Compliance, Global Financial Crimes Unit (since September 2022) of Prudential; Senior Associate, Global Financial Crimes Unit (March 2015-September 2022) at MetLife.	Since June 2026

(a) Excludes Mr. Parker and Mr. Benjamin, interested Board Members who also serve as President and Vice President, respectively.

Explanatory Notes to Tables:

• Board Members are deemed to be "Interested," as defined in the 1940 Act, by reason of their affiliation with PGIM Investments LLC and/or an affiliate of PGIM Investments LLC.

• Unless otherwise noted, the address of all Board Members and Officers is c/o PGIM Investments LLC, 655 Broad Street, Newark, New Jersey 07102.

• There is no set term of office for Board Members or Officers. The Board Members have adopted a retirement policy, which calls for the retirement of Board Members on December 31 of the year in which they reach the age of 75.

• "Other Directorships Held" includes all directorships of companies required to register or file reports with the SEC under the Exchange Act (that is, "public companies") or other investment companies registered under the 1940 Act.

• "Portfolios Overseen" includes such applicable investment companies managed by PGIM Investments LLC and overseen by the Board Member. The investment companies for which PGIM Investments LLC serves as manager include:

° The "PGIM Retail Funds" (currently consisting of the Registrants, PGIM Retail Mutual Funds, PGIM ETF Trust, PGIM High Yield Bond Fund, Inc., PGIM Global High Yield Fund, Inc. and PGIM Short Duration High Yield Opportunities Fund);

° The "Prudential Annuities Funds" (currently consisting of The Prudential Series Fund, Prudential's Gibraltar Fund, Inc. and the Advanced Series Trust); and

° The "PGIM Alternatives Funds" (currently consisting of PGIM Rock ETF Trust, PGIM Real Estate Fund, Inc. (formerly, PGIM Private Real Estate Fund, Inc.), PGIM Private Credit Fund, PGIM Credit Income Fund, and PGIM Partners Group Private Markets Multi-Asset Fund).

• As used in the Fund Officers table "Prudential" means The Prudential Insurance Company of America.

Board Committees. The Boards have established four standing committees in connection with Fund governance—Audit, Nominating and Governance, Investment, and Compliance (each, a "Committee" and collectively, the "Committees"). Information on the membership of each Committee and its functions is set forth below.

Audit Committee: Each Board has determined that each member of the Audit Committee is not an "interested person" as defined in the 1940 Act. The responsibilities of the Audit Committee are to assist the Board in overseeing each Registrant's independent registered public accounting firm, accounting policies and procedures and other areas relating to each Registrant's auditing processes. The Audit Committee is responsible for pre-approving all audit services and any permitted non-audit services to be provided by the independent registered public accounting firm directly to each Registrant. The Audit Committee is also responsible for pre-approving permitted services to be provided by the independent registered public accounting firm to (1) the Manager and (2) any entity in a control relationship with the Manager that provides ongoing services to each Registrant, provided that the engagement of the independent registered public accounting firm relates directly to the operation and financial reporting of each Registrant. The scope of the Audit Committee's responsibilities is oversight. It is management's responsibility to maintain appropriate systems for accounting and internal control and the independent registered public accounting firm's responsibility to plan and carry out an audit in accordance with the standards of the Public Company Accounting Oversight Board (United States).

The membership of the Audit Committee is set forth below:
Grace Torres (Chair), Linda Bynoe, Barry Evans, Keith Hartstein (ex-officio), Brian Reid

Nominating and Governance Committee: The Nominating and Governance Committee of each Board is responsible for nominating Board Members and making recommendations to each Board concerning Board composition, committee structure and governance, director education, and governance practices. Each Board has determined that each member of the Nominating and Governance Committee is not an "interested person" as defined in the 1940 Act. The Board's Nominating and Governance Committee Charter is available on each Registrant's website.

The membership of the Nominating and Governance Committee is set forth below:
Ellen Alberding (Chair), Kevin J. Bannon, Keith Hartstein (ex-officio), Laurie Simon Hodrick

Investment Committees: The Board of each fund in the PGIM retail funds complex has formed joint committees to review the performance of each fund in the Fund Complex. The Gibraltar Investment Committee reviews the performance of each fund that is subadvised by Jennison Associates LLC and PGIM Quantitative Solutions LLC (single managed funds). The Dryden Investment Committee reviews the performance of each fund that is subadvised by PGIM Credit (which is an investment group of PGIM, Inc. and PGIM Limited), PGIM Real Estate (which is an investment group of PGIM, Inc. and PGIM Fund Management Limited), PGIM Quantitative Solutions LLC (asset allocation funds) and PGIM DC Solutions LLC. In addition, the Dryden Investment Committee reviews the performance of the closed-end funds. Each committee meets at least four times per year and reports the results of its review to the full Board of each fund at each regularly scheduled Board meeting. Every Independent Board Member sits on one of the two Investment Committees.

The membership of the Gibraltar Investment Committee and the Dryden Investment Committee is set forth below:

Gibraltar Investment Committee:				Dryden Investment Committee:
Laurie Simon Hodrick (Chair), Linda Bynoe, Keith Hartstein (ex-officio), Grace Torres				Barry Evans (Chair), Ellen Alberding, Kevin Bannon, Keith Hartstein (ex-officio), Brian Reid

Compliance Committee: The Committee serves as the liaison between the Board and each Registrant's Chief Compliance Officer ("CCO"). In its role as liaison, the Compliance Committee assists the Board in overseeing compliance matters and administration. The Compliance Committee's responsibilities include, among other matters, considering any material compliance

matter reported by the CCO between meetings of the Board and receiving reports on any investigations into matters within the Committee's scope of responsibilities.

The membership of the Compliance Committee is set forth below:
Brian Reid (Chair), Barry Evans, Keith Hartstein (ex-officio), Grace Torres

If elected, Teresa H. Clarke, Leonardo M. Zerilli and Freda Lam Zietlow are expected to serve on one or more Committees of each Board. Committee assignments for the new Board Members have not yet been determined and are expected to be made by the Board.

The number of times each Committee met during each Registrant's most recent fiscal year is set forth in Appendix B.

All Board Members and committee members then serving attended at least 75% of the meetings of the applicable Board and Committees of each Registrant held during the applicable most recently completed fiscal year.

Leadership Structure and Qualifications of the Boards. Each Registrant's Board is responsible for oversight of its respective Funds. Each Registrant has engaged the Manager to manage its respective Funds on a day-to-day basis. The applicable Board oversees the Manager and other principal service providers in the operations of its Funds. Each Board is currently composed of ten Board Members, eight of whom are Independent Board Members. If the nominees are elected at the Meeting, each Board will be composed of thirteen Board Members, eleven of whom will be Independent Board Members. Each Board meets in person at regularly scheduled meetings four times throughout the year and may meet in person or by telephone at special meetings or on an informal basis at other times. The number of meetings held by each Board during each Registrant's most recently completed fiscal year is set forth in Appendix B. As described above, each Board has established four standing committees—Audit, Nominating and Governance, Investment, and Compliance—and may establish ad hoc committees or working groups from time to time to assist in fulfilling its oversight responsibilities. The Independent Board Members have also engaged independent legal counsel to assist them in fulfilling their responsibilities.

Each Board is chaired by an Independent Board Member. As Chair, this Independent Board Member leads the Board in its activities. Also, the Chair acts as a member or as an ex-officio member of each standing committee and any ad hoc committee of the Board. The Board Members have determined that the Board's leadership and committee structure is appropriate because the Board believes it sets the proper tone to the relationships between each Registrant, on the one hand, and the Manager, the subadviser(s) and certain other principal service providers, on the other, and facilitates the exercise of the Board's independent judgment in evaluating and managing the relationships. In addition, the structure efficiently allocates responsibility among committees.

Each Board has concluded that, based on each Board Member's and each new nominee's experience, qualifications, attributes or skills on an individual basis and in combination with those of the other Board Members, each Board Member and each new nominee should serve as a Board Member. Among other attributes common to all Board Members and each new nominee are their ability to review critically, evaluate, question and discuss information provided to them, to interact effectively with the various service providers to each Registrant, and to exercise reasonable business judgment in the performance of their duties as Board Members. In addition, the Board has taken into account the actual service and commitment of the Board Members during their tenure in concluding that each should continue to serve. A Board Member's ability to perform his or her duties effectively may have been attained through a Board Member's educational background or professional training; business, consulting, public service or academic positions; experience from service as a Board Member of each Registrant, other funds in the Fund Complex, public companies, or non-profit entities or other organizations; or other experiences or a combination of the foregoing. Set forth below is a brief discussion of the specific experience, qualifications, attributes or skills of each Board Member and each new nominee that led the Board to conclude that he or she should serve as a Board Member.

Ellen S. Alberding. Ms. Alberding joined the Board of each Registrant and other funds in the Fund Complex in 2013. Ms. Alberding has over 30 years of experience in the non-profit sector, including over 20 years as the president of a charitable foundation, where she oversees multiple investment managers. Ms. Alberding also served as a Trustee of the Aon Funds from 2000 to 2003.

Kevin J. Bannon. Mr. Bannon joined the Board of each Registrant and other funds in the Fund Complex in 2008. Mr. Bannon has held senior executive positions in the financial services industry, including serving as a senior executive of asset management firms, for over 25 years.

Linda W. Bynoe. Ms. Bynoe has been a Board Member of each Registrant and other funds in the Fund Complex since 2005, having served on the boards of other mutual fund complexes since 1993. She has worked in the financial services industry over 20 years, has over 30 years of experience as a management consultant and serves as a Director of financial services and other complex global corporations.

Teresa H. Clarke. Ms. Clarke has extensive experience in investment banking, corporate governance and strategic advisory matters. She formerly served as a Managing Director in the Investment Banking Division of Goldman Sachs & Co., where she advised on corporate finance, mergers and acquisitions, capital restructuring and other strategic matters. Ms. Clarke currently serves as a director of Arthur J. Gallagher & Co. and American Tower Corporation and has experience serving on audit, risk and nominating and corporate governance committees.

Barry H. Evans. Mr. Evans joined the Board of each Registrant and other funds in the Fund Complex in 2017. Mr. Evans has held senior executive positions and various portfolio manager roles in an asset management firm for 30 years.

Keith F. Hartstein. Mr. Hartstein joined the Board of each Registrant and other funds in the Fund Complex in 2013. Mr. Hartstein has worked in the asset management industry for 30 years and served as a senior executive in an asset management firm.

Laurie Simon Hodrick. Ms. Hodrick joined the Board of each Registrant and other funds in the Fund Complex in 2017. Ms. Hodrick brings more than 30 years of experience in finance as an academic, investment professional, consultant, and corporate director. Ms. Hodrick is the A. Barton Hepburn Professor Emerita at Columbia Business School and a Visiting Fellow at the Hoover Institution at Stanford University. She formerly served as Global Head of Alternative Investment Strategies at Deutsche Bank and as a Visiting Professor of Law at Stanford Law School. Ms. Hodrick currently serves as an independent director of Roku and previously served as a director of companies in the financial services, information technology, and global talent sectors, including Corporate Capital Trust, a publicly-traded business development company, and Merrill Lynch Investment Managers.

Brian K. Reid. Mr. Reid joined the Board of each Registrant and the other funds in the Fund Complex in 2018. Mr. Reid has more than 30 years of experience in economics and related fields, including serving as Chief Economist for the Investment Company Institute ("ICI") for 13 years.

Grace C. Torres. Ms. Torres joined the Board of each Registrant and other funds in the Fund Complex in 2014. Ms. Torres formerly served as Treasurer and Principal Financial and Accounting Officer for each Registrant and other funds in the Fund Complex for 16 years and held senior positions with the Manager from 1999 to 2014. In addition, Ms. Torres is a certified public accountant ("CPA").

Leonardo M. Zerilli. Mr. Zerilli has nearly 30 years of experience in global wealth and investment management, including senior executive responsibility in regulated asset management and advisory businesses. He formerly served as President and Chief Executive Officer of Manulife Investment Management Limited in Canada, Head of Wealth Management in Canada and the United States, Chief Investment Officer of the John Hancock Group of Funds and Head of Investment Product in the United States and globally. Mr. Zerilli has served as chair and a director of the Manulife John Hancock investment funds in the United States, Canada, Europe and offshore jurisdictions, including service as an audit committee chair and on investment, risk and compliance committees.

Freda Lam Zietlow. Ms. Zietlow has more than 25 years of experience in asset and wealth management, capital markets, banking and real estate. She formerly served as Managing Director and Senior Portfolio Manager at Fiduciary Trust International, founded Peridot Capital Partners LLC and served as Director of Portfolio Management at Bingham Osborn & Scarborough. Ms. Zietlow currently serves as a director and Audit Committee Chair of Bank of the Orient and as Vice Chair and a member of the Investment Committee of Myriad USA, and she previously served on other nonprofit boards. She is a CFA charterholder and NACD Directorship Certified.

Stuart S. Parker. Mr. Parker, who has served as an Interested Board Member and President of each Registrant and the other funds in the Fund Complex since 2012, is President, Chief Executive Officer and Officer in Charge of PGIM Investments and several of its affiliates that provide services to each Registrant and has held senior positions in PGIM Investments since 2005.

Scott E. Benjamin. Mr. Benjamin, an Interested Board Member of each Registrant and other funds in the Fund Complex since 2010, serves as Executive Vice President of each Registrant and other funds in the Fund Complex and has held senior positions in PGIM Investments since 2003.

Specific details about each Board Member's and each new nominee's professional experience appear in the professional biography tables, above.

Risk Oversight. The operation of a registered investment company, including its investment activities, generally involves a variety of risks. As part of its oversight of the Registrants, each Board oversees risk through various regular Board and committee activities. Each Board, directly or through its committees, reviews reports from, among others, PGIM Investments, the subadvisers, each Registrant's Compliance Officer, each Registrant's independent registered public accounting firm, independent outside legal counsel, and internal auditors of PGIM Investments or its affiliates, as appropriate, regarding risks faced by each Registrant and the risk management programs of PGIM Investments and certain service providers. The actual day-to-day risk

management with respect to each Registrant resides with PGIM Investments and other service providers to each Registrant. Although the risk management policies of PGIM Investments and the service providers are designed to be effective, there is no guarantee that they will anticipate or mitigate all risks. Not all risks that may affect each Registrant can be identified, eliminated or mitigated, and some risks simply may not be anticipated or may be beyond the control of each Board or PGIM Investments, its affiliates or other service providers.

As of July 31, 2026 and during the past five fiscal years of each Registrant, none of the Independent Board Members or any member of his/her immediate family owned beneficially or of record any securities in an investment adviser or principal underwriter of each Registrant or a person (other than a registered investment company) directly or indirectly controlling, controlled by, or under common control with the Manager or subadvisers.

Selection of Board Member Nominees. The Nominating and Governance Committee is responsible for considering nominees for election as Board Members and recommending individuals to the Board for nomination. The Nominating and Governance Committee may consider recommendations by business and personal contacts of current Board Members and by executive search firms the committee may engage from time to time and will also consider shareholder recommendations. The Nominating and Governance Committee has not established specific, minimum qualifications that it believes must be met by a nominee. In evaluating nominees, the Nominating and Governance Committee considers, among other things, an individual's background, skills, and experience; whether the individual is an "interested person" as defined in the 1940 Act; and whether the individual would be deemed an "audit committee financial expert" within the meaning of applicable SEC rules. The Nominating and Governance Committee also considers whether the individual's background, skills, and experience will complement the background, skills, and experience of other nominees and Board Members and will contribute to the diversity of the Board. There are no differences in the manner in which the Nominating and Governance Committee evaluates nominees for the Board based on whether the nominee is recommended by a shareholder.

A shareholder who wishes to recommend a person for nomination for election as a Board Member should submit his or her recommendation in writing to the Chair of the Board or the Chair of the Nominating and Governance Committee, in either case in care of each Registrant, at 655 Broad Street, 6th Floor, Newark, New Jersey 07102. At a minimum, the recommendation should include: the name, address and business, educational and/or other pertinent background of the person being recommended; a statement concerning whether the person is an "interested person" of the Registrant as defined in the 1940 Act; any other information that the Registrant would be required to include in a proxy statement concerning the person if he or she were nominated; and the name and address of the person submitting the recommendation, together with the number of shares of each Fund of the Registrant held by such person and the period for which the shares have been held. The recommendation also can include any additional information which the person submitting it believes would assist the Nominating and Governance Committee in evaluating the recommendation.

Shareholders should note that a person who owns securities issued by Prudential Financial, Inc. (the parent company of the Manager) would be deemed an "interested person" under the 1940 Act. In addition, certain other relationships with Prudential Financial, Inc. or its subsidiaries, with registered broker-dealers, or with the Registrant's outside legal counsel may cause a person to be deemed an "interested person." Before the Nominating and Governance Committee decides to recommend that the Board nominate an individual to the Board, committee members and other Board Members customarily interview the individual in person. In addition, the individual is customarily asked to complete a detailed questionnaire which is designed to elicit information which must be disclosed under SEC and stock exchange rules and to determine whether the individual is subject to any statutory disqualification from serving on the board of a registered investment company.

Board Member and Officer Compensation. Except for PGIM ETF Trust, each Registrant pays each Independent Board Member annual compensation in addition to certain out-of-pocket expenses. Independent Board Members who serve on Board committees may receive additional compensation. The amount of annual compensation paid to each Independent Board Member may change as a result of additional Registrants on whose Boards the Board Member may be asked to serve. For PGIM ETF Trust, the Manager pays each Independent Board Member's compensation out of the unitary management fee.

Independent Board Members may not defer receipt of their fees.

Appendix C sets forth the aggregate compensation paid by each Registrant for each Registrant's most recently completed fiscal year and by the Fund Complex for the calendar year ended December 31, 2025 to each of the Independent Board Member Nominees for his/her services. Aggregate compensation numbers shown are for the calendar year ended December 31, 2025, the last full calendar year for which aggregate compensation numbers are available. Board Members and officers who are "interested persons" of each Registrant (as defined in the 1940 Act) do not receive compensation from funds managed by the Manager and therefore are not shown in Appendix C.

Certain Relationships and Related Transactions. Each Registrant has entered into an investment management agreement on behalf of each Fund with PGIM Investments. According to the terms of the applicable agreement, PGIM Investments provides

portfolio management services to each Fund in consideration for fees based on each Fund's daily average net assets. For more information, see the section titled "Investment Manager and Subadvisers."

Required Vote. The nominees receiving the affirmative vote of a plurality, in the case of each Registrant other than Prudential Investment Portfolios 4 ("PIP 4"), Prudential Investment Portfolios 6 ("PIP 6"), Prudential Investment Portfolios 7 ("PIP 7") and Prudential Government Money Market Fund, Inc., of the votes cast at the Meeting will be elected, provided a quorum is present. With respect to Prudential Government Money Market Fund, Inc., the nominees receiving the affirmative vote of a majority of the votes cast at the Meeting will be elected, provided a quorum is present. With respect to PIP 4, the nominees receiving the affirmative vote of a majority of the shares present at the Meeting will be elected, provided a quorum is present. With respect to PIP 6 and PIP 7, the nominees receiving the affirmative vote of a majority of the shares represented in person or by proxy and entitled to vote at the Meeting will be elected, provided a quorum is present.

Beneficial Ownership. As of September 30, 2026, each Board Member beneficially owned (as determined pursuant to Rule 16a-1(a)(2) under the Exchange Act) shares of each Fund and of all funds in the Fund Complex having values within the indicated dollar ranges, set forth in Appendix D.

Teresa H. Clarke, Leonardo M. Zerilli, and Freda Lam Zietlow, who are not currently Board Members of the Registrants, did not beneficially own shares of any Fund as of September 30, 2026.

To the knowledge of the Manager, as of September 30, 2026, no current Board Member owns 1% or more of the outstanding shares of each class of each Fund, and the officers and Board Members own, as a group, less than 1% of the shares of each class of each Fund.

Board Recommendation

The Board of each Registrant unanimously recommends that shareholders of each Fund vote "For" the nominees.

PROPOSAL NO. 2

TO APPROVE A POLICY TO PERMIT PGIM INVESTMENTS TO ENTER INTO OR MATERIALLY AMEND SUBADVISORY AGREEMENTS WITH WHOLLY OWNED SUBADVISERS WITHOUT SHAREHOLDER APPROVAL

THIS PROPOSAL APPLIES ONLY TO PGIM JENNISON FOCUSED GROWTH FUND
(THE "PROPOSAL 2 FUND")

The Board of Prudential Investment Portfolios 3 on behalf of the Proposal 2 Fund, including all of the Independent Board Members, has approved, and recommends that shareholders of the Proposal 2 Fund approve, a policy that would permit the Manager to enter into or make material amendments to subadvisory agreements with certain affiliated subadvisers with respect to the Proposal 2 Fund, with prior Board approval but without obtaining shareholder approval (such policy, the "Modified Manager-of-Managers Policy"). Specifically, the Modified Manager-of-Managers Policy would apply to subadvisory agreements with those affiliated subadvisers that are direct or indirect "wholly-owned subsidiaries" (as that term is defined in the 1940 Act) of (1) the Manager, or (2) a sister company of the Manager (that is, a company that is a direct or indirect "wholly-owned subsidiary" of the same company that directly or indirectly owns the Manager). Such subadvisers are referred to herein as "Wholly-Owned Subadvisers."

Shareholders of the Proposal 2 Fund have previously approved the Proposal 2 Fund's operation under a "manager-of-managers" structure pursuant to an existing exemptive order from the SEC. Shareholder approval of the current "manager-of-managers" structure was received in 2003. The existing exemptive order permits the Manager to enter into or materially amend agreements with subadvisers that are not "affiliated persons" (as defined in the 1940 Act) of the Manager, other than by reason of serving as a subadviser to a fund managed by the Manager ("Non-Affiliated Subadvisers"), with prior Board approval but without obtaining shareholder approval (such relief, the "Existing Relief").

In 2014, the Manager and certain funds managed by the Manager (the "Selected Funds") received an exemptive order which expanded the relief to apply to Wholly-Owned Subadvisers as well as Non-Affiliated Subadvisers (the "2014 Relief"). Under the 2014 Relief, shareholder approval is required for the Manager to enter into and make material amendments to subadvisory agreements with affiliated subadvisers that are not "wholly-owned subsidiaries" (as that term is defined in the 1940 Act) of the Manager or a sister company of the Manager. Pursuant to the conditions in the 2014 Relief, shareholders of each fund must approve the Modified Manager-of-Managers Policy before such fund can be permitted to rely on the 2014 Relief. Since 2014, the Selected Funds have operated pursuant to the 2014 Relief.

Why Shareholder Approval Is Being Sought

Section 15(a) of the 1940 Act makes it unlawful for any person to act as investment adviser to an investment company, except pursuant to a written contract that has been approved by shareholders. For purposes of Section 15(a), the term "investment adviser" includes any subadviser to an investment company. Section 15(a) also requires that an investment advisory agreement provide that it will terminate automatically upon its assignment. In addition, in the absence of exemptive relief, under Section 15(a), an investment adviser to an investment company generally cannot enter into or materially amend a subadvisory agreement without first obtaining shareholder approval.

The 1940 Act does not require shareholder approval for the termination of a subadvisory agreement if such termination is approved by a fund's board of directors/trustees, including its independent directors/trustees, although shareholders of the fund may terminate a subadvisory agreement at any time by a vote of a majority of its outstanding voting securities, as defined in the 1940 Act.

In conformity with Section 15 of the 1940 Act, the Proposal 2 Fund is currently required to obtain shareholder approval of subadvisory agreements with any subadviser that is affiliated with the Manager. As noted above, the Proposal 2 Fund currently is operating under the Existing Relief, which permits it to enter into and amend, with prior Board approval but without shareholder approval, subadvisory agreements with Non-Affiliated Subadvisers. The Existing Relief does not apply to subadvisory agreements with Wholly-Owned Subadvisers, and as a result, the Proposal 2 Fund is currently required to obtain shareholder approval of any new subadvisory agreement with Wholly-Owned Subadvisers, as well as with affiliated subadvisers that are not Wholly-Owned Subadvisers.

Shareholders are now being asked to approve the Modified Manager-of-Managers Policy so that the Proposal 2 Fund may be permitted to rely on the 2014 Relief, under which the Manager would be permitted to select and manage both Non-Affiliated Subadvisers and Wholly-Owned Subadvisers pursuant to similar conditions provided in the Existing Relief. If shareholders approve the Modified Manager-of-Managers Policy, the Manager will no longer be required to obtain shareholder approval of subadvisory agreements with Wholly-Owned Subadvisers or material amendments thereto.

The kinds of changes to agreements with Wholly-Owned Subadvisers that could be effected without further shareholder approval pursuant to the Modified Manager-of-Managers Policy include: (1) reallocating the Proposal 2 Fund's assets among existing subadvisers to the extent such reallocation constitutes a material amendment to a subadvisory agreement; (2) allocating a portion of the Proposal 2 Fund's assets to one or more additional subadvisers; (3) continuing a subadvisory agreement where a change in control of the subadviser otherwise automatically causes that agreement to terminate; and (4) replacing an existing subadviser with a new subadviser when the Manager and the Board determine that the new subadviser's investment philosophy and style, past performance, security selection experience and preferences, personnel, facilities, financial strength, quality of service, and client communication are more consistent with the best interests of the Proposal 2 Fund and its shareholders. Currently, under the Existing Relief, these kinds of changes can be effected without shareholder approval only to agreements with Non-Affiliated Subadvisers.

The 2014 Relief has benefited shareholders of the Selected Funds (including other series of the same Registrant in some cases) and would similarly benefit shareholders of the Proposal 2 Fund. The Manager believes that the Modified Manager-of-Managers Policy is in the best interests of the Proposal 2 Fund's shareholders because it will provide the Manager and the Board with maximum flexibility to select, supervise and evaluate Wholly-Owned Subadvisers without incurring the expense and potential delay of seeking specific shareholder approval, permitting the Proposal 2 Fund to more quickly and efficiently respond to changes in market conditions and other factors. Currently, to appoint a new Wholly-Owned Subadviser or to materially amend a subadvisory agreement with a Wholly-Owned Subadviser, the Proposal 2 Fund must call and hold a meeting of its shareholders, create and distribute proxy materials and arrange for the solicitation of voting instructions from shareholders. This process is time-intensive, slow, and costly. Under the 2014 Relief, the Manager and the Board would be able to act more quickly and with less expense to appoint a Wholly-Owned Subadviser or materially amend an agreement with a Wholly-Owned Subadviser.

Shareholder approval of the Modified Manager-of-Managers Policy will not result in an increase or decrease in the total amount of investment management fees paid by the Proposal 2 Fund to the Manager. Subadvisory fees are paid directly by the Manager to the subadvisers out of the investment management fees it receives from the Proposal 2 Fund, and not by the Proposal 2 Fund. When engaging subadvisers and entering into subadvisory agreements, the Manager negotiates and will continue to negotiate fees with subadvisers. The fees paid by the Proposal 2 Fund to the Manager and the fees paid by the Manager to each subadviser are considered by the Board when approving and renewing the investment management and subadvisory agreements with respect to the Proposal 2 Fund. Any increase in the investment management fee paid to the Manager by the Proposal 2 Fund would continue to require shareholder approval.

Under the terms of the 2014 Relief, the Manager and the Proposal 2 Fund would continue to be subject to several conditions imposed by the SEC that are currently applicable under the Existing Relief. The Proposal 2 Fund would continue to be required

to obtain shareholder approval to enter into or materially modify a subadvisory agreement with any subadviser other than a Wholly-Owned Subadviser or a Non-Affiliated Subadviser (i.e., any affiliated subadviser that is not a "wholly-owned subsidiary" as defined by the 1940 Act). In addition, under the conditions of the 2014 Relief, as is the case with the Existing Relief, within 90 days of entering into a new subadvisory arrangement, shareholders would continue to be provided with an information statement that contains information about the subadviser and subadvisory agreement.

In order to rely on the 2014 Relief, as with the Existing Relief, a majority of the Board must consist of Independent Board Members and the nomination of new or additional Independent Board Members must be at the discretion of the then-existing Independent Board Members. The prospectuses of the Funds relying on the 2014 Relief must prominently discuss the Modified Manager-of-Managers Policy, including the fact that the Manager has ultimate responsibility (subject to oversight by the Board) to oversee the subadvisers and recommend their hiring, termination and replacement. The Manager will continue to review each subadviser's performance on an ongoing basis and be responsible for communicating performance expectations and evaluations to subadvisers and for recommending to the Board whether a subadviser's contract should be renewed, modified or terminated.

Effect of Approval or Non-Approval. If the Modified Manager-of-Managers Policy is not approved by shareholders of the Proposal 2 Fund, it will not be implemented for the Proposal 2 Fund, and the Proposal 2 Fund will continue to operate under the currently existing manager-of-managers structure, which requires shareholder approval to enter into or materially amend subadvisory agreements with subadvisers that are not Non-Affiliated Subadvisers, including Wholly-Owned Subadvisers, unless otherwise permitted under the 1940 Act.

Required Vote. Approval of Proposal No. 2 requires the affirmative vote of a majority of the outstanding voting securities of the Proposal 2 Fund, as defined by the 1940 Act. For purposes of the 1940 Act, a majority of the Proposal 2 Fund's outstanding voting securities is the lesser of (i) 67% of the Proposal 2 Fund's outstanding voting securities represented at a meeting at which more than 50% of the Proposal 2 Fund's outstanding voting securities are present in person or represented by proxy, or (ii) more than 50% of the Proposal 2 Fund's outstanding voting securities.

Board Recommendation

In approving Proposal No. 2 and recommending that shareholders vote "For" the Proposal, the Board considered, among other things, that the Modified Manager-of-Managers Policy would provide the Manager and the Board with additional flexibility to select, supervise and evaluate Wholly-Owned Subadvisers without the expense and potential delay associated with obtaining shareholder approval, thereby permitting the Proposal 2 Fund to respond more quickly and efficiently to changes in market conditions and other factors. The Board also considered that actions taken pursuant to the Modified Manager-of-Managers Policy would remain subject to Board approval and oversight. Accordingly, the Board of Prudential Investment Portfolios 3 unanimously recommends that shareholders of the Proposal 2 Fund vote "For" approval of the Modified Manager-of-Managers Policy.

PROPOSAL NO. 3

TO APPROVE CHANGES TO CERTAIN FUNDAMENTAL INVESTMENT POLICIES

THIS PROPOSAL APPLIES ONLY TO PGIM JENNISON FOCUSED GROWTH FUND (THE "PROPOSAL 3 FUND")

The Board of Prudential Investment Portfolios 3 on behalf of the Proposal 3 Fund, including all of the Independent Board Members, has approved, and recommends that shareholders of the Proposal 3 Fund approve, changes to the Proposal 3 Fund's fundamental investment policies concerning underwriting, real estate, and commodities, as described below. The proposed policies are intended to modernize and standardize these restrictions, provide the Proposal 3 Fund with flexibility to operate within the limits of the 1940 Act, and accommodate future changes in applicable law and regulatory interpretations without requiring additional shareholder meetings. The proposed changes would not, by themselves, alter the Proposal 3 Fund's investment objective or principal investment strategies, require the Proposal 3 Fund to engage in any particular investment practice, or authorize any investment that would be inconsistent with the Proposal 3 Fund's prospectus or other applicable investment policies. For purposes of this Proposal No. 3, "Securities Act" means the Securities Act of 1933, as amended.

The 1940 Act requires a registered investment company to disclose certain investment policies and prohibits a fund from changing a policy designated as fundamental without the approval of a majority of its outstanding voting securities, as defined in the 1940 Act. Because the policies described in this Proposal No. 3 are fundamental, shareholders of the Proposal 3 Fund must approve any proposed change applicable to the Proposal 3 Fund.

Interpretation of the Proposed Policies. Solely for purposes of interpreting the proposed fundamental policies set forth in Proposal Nos. 3(a), 3(b), and 3(c), references to the "1940 Act" include the 1940 Act and the rules and regulations promulgated

thereunder, as each may be amended from time to time, and any applicable exemptive order, SEC release, no-action letter, or similar relief or interpretation (collectively, the "1940 Act Laws, Interpretations and Exemptions").

PROPOSAL NO. 3(A)—UNDERWRITING

The current fundamental underwriting policy applicable to the Proposal 3 Fund is:

• The [Fund] may not act as underwriter except to the extent that, in connection with the disposition of portfolio securities, it may be deemed to be an underwriter under certain federal securities laws. [The] Fund may purchase restricted securities without limit.

The proposed standardized fundamental underwriting policy is:

• The Fund may engage in the business of underwriting the securities of other issuers to the extent not prohibited by the 1940 Act.

The proposed policy is broader and more flexible than the existing policy because it ties the limitation directly to the 1940 Act rather than stating specific exceptions in the policy itself. The 1940 Act does not generally prohibit a fund from engaging in underwriting activities, but limits underwriting commitments under certain circumstances. In addition, a fund may be considered an underwriter under the Securities Act in connection with the acquisition or disposition of portfolio securities. The proposed policy would be interpreted not to prevent the Proposal 3 Fund from engaging in such portfolio transactions. Approval of the proposed policy is not expected to cause the Proposal 3 Fund to engage in the business of underwriting securities as a principal investment strategy.

PROPOSAL NO. 3(B)—REAL ESTATE

The current fundamental real estate policy applicable to the Proposal 3 Fund is:

• The Fund may not buy or sell real estate, except that investment in securities of issuers that invest in real estate and investments in mortgage-backed securities, mortgage participations, or other instruments supported or secured by interests in real estate are not subject to this limitation, and except that the Fund may exercise rights relating to such securities, including the right to enforce security interests and to hold real estate acquired by reason of such enforcement until that real estate can be liquidated in an orderly manner.

The proposed standardized fundamental real estate policy is:

• The Fund may purchase or sell real estate to the extent not prohibited by the 1940 Act.

The proposed policy would provide greater flexibility than the current policy by permitting real estate transactions to the extent not prohibited by the 1940 Act. Although the 1940 Act does not generally prohibit a fund from owning real estate, the Proposal 3 Fund remains subject to other applicable requirements, including limitations relating to illiquid investments, and to the investment strategies and risks disclosed in its prospectus. The proposed policy would continue to permit investments in real estate-related companies, companies whose businesses consist in whole or in part of investing in real estate, instruments secured by real estate or interests therein, mortgage-related instruments, and real estate investment trust securities consistent with the Proposal 3 Fund's investment objective and strategies. Approval of the proposed policy is not expected to cause the Proposal 3 Fund to purchase or sell real estate as a principal investment strategy.

PROPOSAL NO. 3(C)—COMMODITIES

The current fundamental commodities policy applicable to the Proposal 3 Fund is:

• The Fund may not buy or sell physical commodities or contracts involving physical commodities. The Fund may purchase and sell (i) derivative, hedging and similar instruments such as financial futures contracts and options thereon, and (ii) securities or instruments backed by, or the return from which is linked to, physical commodities or currencies, such as forward currency exchange contracts, and the Fund may exercise rights relating to such instruments, including the right to enforce security interests and to hold physical commodities and contracts involving physical commodities acquired as a result of the Fund's ownership of instruments supported or secured thereby until they can be liquidated in an orderly manner.

The proposed standardized fundamental commodities policy is:

• The Fund may purchase or sell commodities or contracts related to commodities to the extent not prohibited by the 1940 Act.

VOTING INFORMATION

As set forth in the table below, the presence, in person or by proxy, of the indicated shares of a Registrant outstanding and entitled to vote will constitute a quorum for the transaction of business at the Meeting of that Registrant. The quorum requirement for a Fund is the same as that listed for the applicable Registrant.

Registrant

Quorum

Registrant

Quorum

PGIM ETF Trust

One-Third

Prudential Investment Portfolios 16

40%

The Prudential Investment Portfolios, Inc.

Majority

Prudential Investment Portfolios, Inc. 17

One-Third

Prudential Investment Portfolios 2

40%

Prudential Investment Portfolios 18

One-Third

Prudential Investment Portfolios 3

40%

Prudential Government Money Market Fund, Inc.

Majority

Prudential Investment Portfolios 4

One-Third

Prudential National Muni Fund, Inc.

One-Third

Prudential Investment Portfolios 5

40%

Prudential Jennison Blend Fund, Inc.

One-Third

Prudential Investment Portfolios 6

One-Third

Prudential Jennison Mid-Cap Growth Fund, Inc.

One-Third

Prudential Investment Portfolios 7

Majority

Prudential Jennison Small Company Fund, Inc.

One-Third

Prudential Investment Portfolios 8

40%

Prudential World Fund, Inc.

Majority

Prudential Investment Portfolios 9

40%

Prudential Jennison Natural Resources Fund, Inc.

Majority

Prudential Investment Portfolios, Inc. 10

Majority

Prudential Global Total Return Fund, Inc.

One-Third

Prudential Investment Portfolios 12

40%

Prudential Sector Funds, Inc.

Majority

Prudential Investment Portfolios, Inc. 14

One-Third

Prudential Short-Term Corporate Bond Fund, Inc.

One-Third

Prudential Investment Portfolios, Inc. 15

One-Third

The Target Portfolio Trust

One-Third

For all Registrants except PGIM ETF Trust and each Registrant that is a Maryland corporation listed in Appendix A, if a quorum is not present at the Meeting, or if a quorum is present at the Meeting but sufficient votes to approve a proposal are not received, the persons named as proxies may propose one or more adjournments of the Meeting to permit further solicitation of proxies. Any adjournment will require the affirmative vote of a majority of those shares present and entitled to vote at the Meeting for the particular Registrant in person or by proxy. When voting on a proposed adjournment, the persons named as proxies will vote FOR the proposed adjournment all shares other than those shares as to which they have been directed to vote against a proposal, in which case, such shares will be voted AGAINST the proposed adjournment with respect to a proposal.

For PGIM ETF Trust and each Registrant that is a Maryland corporation listed in Appendix A, if a quorum is not present at the Meeting, or if a quorum is present at the Meeting but sufficient votes to approve a proposal are not received, the chairman of the Meeting may adjourn the Meeting one or more times, as to one or more proposals and regardless of whether action has been taken on other matters, to permit further solicitation of proxies. No shareholder vote is required for any adjournment of the Meeting.

If a proxy that is properly executed and returned is accompanied by instructions to withhold authority to vote (an abstention) or represents a broker "non-vote" (that is, a proxy from a broker or nominee indicating that such person has not received instructions from the beneficial owner or other person entitled to vote shares on a particular matter with respect to which the broker or nominee does not have discretionary power), the shares represented thereby, with respect to matters to be determined by votes cast on such matters, will be considered present for purposes of determining the existence of a quorum for the transaction of business, but, not being cast, will have no effect on the outcome of such matters. With respect to matters requiring the affirmative vote of a specified percentage of the total shares outstanding or present at the Meeting, an abstention or broker non-vote will be considered present for purposes of determining a quorum but will have the effect of a vote against such matters. Accordingly, for each Registrant (other than PIP 4, PIP 6 and PIP 7) for which the required vote is a plurality or majority of the votes cast, abstentions and broker non-votes will have no effect on Proposal No. 1. For PIP 4, PIP 6 and PIP 7, abstentions and broker non-votes will have the effect of a vote against each nominee. Abstentions and broker non-votes will also have the effect of a vote against Proposals No. 2 and No. 3, each of which requires approval of a majority of the outstanding voting securities of PGIM Jennison Focused Growth Fund under the 1940 Act, and against adjournment (other than for Registrants whose governing documents permit the chair to adjourn the Meeting).

PGIM Jennison Focused Growth Fund does not expect to receive any broker non-votes at the Meeting, and shares for which no voting instructions are received will not be counted as present for purposes of determining whether a quorum is present at the Meeting.

The individuals named as proxies on the enclosed proxy cards will vote in accordance with your direction as indicated thereon if your card is received properly executed by you or by your duly appointed agent or attorney-in-fact. If your card is properly executed and you give no voting instructions, your shares will be voted FOR the nominees named herein for the Board to which the proxy card relates and FOR the remaining proposals described in this proxy statement and referenced on the proxy card. If any nominee for a Registrant's Board should withdraw or otherwise become unavailable for election, your shares will be voted in favor of such other nominee or nominees as the Board may determine in accordance with each Registrant's applicable governing document.

You may revoke any proxy card by giving another proxy or by letter or alternative means authorized by the Board revoking the initial proxy. To be effective, your revocation must be received by the Registrant prior to the Meeting and must indicate your name and account number. In addition, if you attend the Meeting in person, you may, if you wish, vote by ballot at the Meeting, thereby canceling any proxy previously given.

The proposal to elect Board Members does not require separate voting by individual Funds of a Registrant or by separate classes of a Fund. Shareholders of each Registrant vote together on the proposal to elect Board Members for that Registrant. With respect to each of the other proposals, voting is conducted separately for PGIM Jennison Focused Growth Fund.

Each full share outstanding is entitled to one vote, and each fractional share outstanding is entitled to a proportionate share of one vote, with respect to each matter to be voted upon by the shareholders of that Registrant or Fund. Information about the vote necessary with respect to each proposal is discussed above. Shareholders voting via the Internet should understand that there may be costs associated with electronic access, such as usage charges from Internet access providers and telephone companies that must be borne by the shareholder. We have been advised that Internet voting procedures that have been made available to you are consistent with the requirements of law.

OTHER MATTERS

Each Registrant's Board knows of no other matters that are intended to be brought before the Meeting, but should any other matter requiring a vote of shareholders properly arise, to the extent permitted by the applicable Registrant's governing documents and applicable law, the proxies will vote according to their best judgment in the interest of each Fund, respectively.

MORE INFORMATION ABOUT THE MEETING

Shareholders. Appendix F includes the shares outstanding for each Fund as of the Record Date. Shares have no preemptive or subscription rights. Appendix G lists the persons that, as of September 30, 2026, owned beneficially or of record 5% or more of the outstanding shares of any class of each Fund.

To each Registrant's knowledge, no change in control of that Registrant has occurred since the beginning of its last fiscal year.

How Proxies Will Be Voted. All proxies solicited by the Boards that are properly executed and received prior to the Meeting, and that are not revoked, will be voted at the Meeting. Shares represented by those proxies will be voted as indicated on the proxy card or in accordance with the voting instructions received online or by telephone, or in the discretion of the proxyholders on any other matter that may properly come before the Meeting.

How to Vote. Complete, sign, and date the enclosed proxy card and return it in the enclosed envelope. Alternatively, call the toll-free number on the proxy card or access the Internet address on the proxy card.

Expenses. The costs of solicitation of shareholder proxies, including printing, postage, voting tabulation and other proxy-related expenses, with respect to Proposal No. 1 will be borne by the Funds. The costs associated with the inclusion of Proposal No. 2 and Proposal No. 3 in the proxy statement will be borne by the Manager. Direct costs that can be reasonably attributed to one or more specific Funds will be borne by each specific Fund; costs that cannot reasonably be attributed to one or more specific Funds will be allocated equally among the Funds. The applicable Registrant may also reimburse banks, brokers and others for their reasonable expenses in forwarding proxy solicitation material to the beneficial owners of shares of the applicable Registrants. In order to obtain the necessary quorum at the Meeting, additional solicitation may be made by mail, telephone, facsimile, electronic transmission, or personal interview by representatives of the applicable Registrants, the Manager, each applicable Registrant's transfer agent, or by brokers or their representatives or by a solicitation firm that may be engaged by the applicable Registrants to assist in proxy solicitations. It is estimated that the total costs and expenses, including solicitation, to be borne by the Funds will be approximately $8.6 million. The Manager is expected to bear approximately $100,000 in costs and expenses associated with Proposal Nos. 2 and 3, including solicitation and other variable costs.

Householding. The Registrants reduce the number of duplicate shareholder reports and proxy statements your household receives by sending only one copy of those documents to those addresses shared by two or more accounts. Call 1-800-225-1852 or write to the applicable Registrant at the address on page one of this proxy statement to request individual copies of shareholder reports and proxy statements, or to request a single copy of shareholder reports and proxy statements if your household is receiving duplicate copies. The applicable Registrant will begin sending your household single or multiple copies, as you request, as soon as practicable after receiving the request.

INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

The Audit Committee of each Registrant selected PricewaterhouseCoopers LLP ("PwC"), 300 Madison Avenue, New York, NY 10017, as the independent registered public accounting firm to audit the books and records of that Registrant for its current fiscal year.

A representative of PwC is not expected to be present at the Meeting but will be available by telephone, will have an opportunity to make a statement if the representative so desires, and is expected to be available to respond to appropriate questions.

AUDIT AND RELATED FEES

The fees paid to PwC for professional audit services during each Registrant's two most recent fiscal years, amounts billed for other services rendered by PwC to each Registrant, and the aggregate non-audit fees billed by PwC for services rendered to each Registrant, the Manager, and any entity controlling, controlled by, or under common control with the Manager that provides ongoing services to each Registrant for the two most recently completed fiscal years, are described in Appendix E.

Audit Committee Pre-Approval Policies and Procedures. The charter of the Audit Committee of each Registrant provides that the committee shall pre-approve the engagement of the Registrant's independent accountant to provide audit and non-audit services to the Registrant and non-audit services to PGIM Investments or any entity controlling, controlled by or under common control with PGIM Investments that provides ongoing services to the Registrant if the engagement relates directly to the operations or financial reporting of the Registrant, including the fees and other compensation to be paid to the independent accountant, subject to any exceptions permitted under the pre-approval policies and procedures established by the committee and applicable rules of the SEC regarding auditor independence. Under the charter, to the extent permitted by the Registrant's Articles of Incorporation or Declaration of Trust and bylaws, the committee may delegate any portion of its authority, including the authority to grant pre-approvals of audit and permitted non-audit services, to a subcommittee of one or more members, in accordance with pre-approval policies and procedures developed by the committee. Any decisions of the subcommittee to grant pre-approvals must be presented to the full committee at its next regularly scheduled meeting. Pre-approval of the audit required by the Exchange Act may not be delegated.

INVESTMENT MANAGER AND SUBADVISERS

INVESTMENT MANAGER.

• PGIM Investments LLC serves as investment manager to each Fund. PGIM Investments' principal address is 655 Broad Street, Newark, New Jersey 07102. PGIM Investments and PGIM, Inc. are indirect, wholly-owned subsidiaries of Prudential Financial, Inc. ("Prudential"). Each Board, in addition to overseeing the actions of the Manager and the subadvisers, decides upon matters of general policy relating to its Funds.

SUBADVISERS.

In this proxy statement, "Subadvisers" means the entities identified below that provide subadvisory services to one or more Funds. A schedule of each Registrant, each Fund, and the corresponding Subadviser(s) is set forth in Appendix A.

• PGIM is the principal asset management business of Prudential Financial, Inc., which includes PGIM, Inc. and its global subsidiaries and affiliates. PGIM offers clients deep expertise across public and private asset classes, delivering a diverse range of investment strategies and tailored solutions to institutional and retail clients.

• PGIM Credit is the public and private fixed income investment group of PGIM, Inc. PGIM, Inc. and where applicable, PGIM Limited, provide subadvisory services to a Fund through PGIM Credit. In 2025, PGIM Fixed Income and PGIM Private Credit (formerly known as PGIM Private Capital) were combined to form PGIM Credit.

• PGIM, Inc. is an indirect, wholly-owned subsidiary of Prudential that was organized in 1984, with its principal offices at 655 Broad Street, Newark, New Jersey 07102. PGIM, Inc.'s predecessor entities began managing fixed income portfolios for affiliates in 1875 and for unaffiliated institutional clients in 1928.

• PGIM Limited is an indirect wholly-owned subsidiary of PGIM, Inc. PGIM Limited is located at Grand Buildings, 1-3 Strand, Trafalgar Square, London WC2N 5HR. PGIM Limited provides investment advisory services with respect to securities in certain foreign markets.

• PGIM Quantitative Solutions LLC ("PGIM Quantitative Solutions"), is a wholly-owned and independently-operated subsidiary of PGIM, Inc. The firm was founded in 1975 as the quantitative equity and multi-asset business of PGIM, Inc. PGIM Quantitative Solutions manages assets in quantitative equity and multi-asset strategies for a global client base of

pension funds, endowments, foundations, sovereign wealth funds and subadvisory accounts. With offices in Newark, San Francisco* and London, PGIM Quantitative Solutions' primary address is 655 Broad Street, Newark, New Jersey 07102.

* PGIM Quantitative Solutions does not conduct investment advisory activities from this location.

• Jennison Associates LLC ("Jennison") is a wholly-owned subsidiary of PGIM, Inc. and an investment group of PGIM. Its address is 55 East 52nd Street, New York, New York 10055. Founded in 1969, Jennison is an investment adviser registered with the SEC and manages active fundamental equity and custom solutions portfolios in a range of styles, geographies and market capitalizations, and active fixed income portfolios. Jennison serves a global client base that includes institutional financial intermediaries, corporations, governmental entities, pension plans, foundations and endowments.

• PGIM DC Solutions LLC ("PGIM DC Solutions"), is an SEC-registered investment adviser, a Delaware limited liability company, and an indirect wholly-owned subsidiary of Prudential Financial Inc. PGIM DC Solutions is the retirement solutions provider of PGIM, Inc. and aims to provide innovative defined contribution solutions founded on market-leading research and investment capabilities. The firm's primary address is 655 Broad Street, Newark, New Jersey 07102.

• PGIM Real Estate is an investment group of PGIM, which in turn is an indirect, wholly-owned subsidiary of Prudential Financial, Inc. PGIM Real Estate's address is 655 Broad Street, 14th Floor, Newark, New Jersey 07102. PGIM Real Estate, comprised of fund management centers in the United States in Newark, New Jersey and Atlanta, Georgia, and globally in Luxembourg, Munich, London, Singapore and Mexico City, is supported by a network of local offices throughout the world. Its specialized operating units offer a broad range of real estate investment opportunities and investment management services in the United States, Europe, Asia and Latin America.

• PGIM Fund Management Limited (formerly PGIM Real Estate (UK) Limited) is an indirect, wholly-owned subsidiary of PGIM, Inc. PGIM Fund Management Limited is located at Grand Buildings, 1-3 Strand, Trafalgar Square, London WC2N 5HR. PGIM Fund Management Limited provides investment advisory services with respect to securities in certain foreign markets.

PRINCIPAL UNDERWRITER

PRINCIPAL UNDERWRITER.

• Prudential Investment Management Services LLC ("PIMS"), 655 Broad Street, Newark, New Jersey 07102, serves as the principal underwriter and distributor of each Fund's shares. PIMS is an indirect, wholly-owned subsidiary of Prudential.

TRANSFER AGENTS.

• Prudential Mutual Fund Services LLC ("PMFS"), 655 Broad Street, Newark, New Jersey 07102, serves as transfer and dividend disbursing agent for certain Funds. PMFS is an affiliate of the Manager and provides customary transfer agency services, including shareholder communications, processing shareholder transactions, maintaining shareholder account records, paying dividends and distributions and related functions. For these services, PMFS receives compensation from the applicable Funds and is reimbursed for transfer-agent expenses, which include an annual fee and certain out-of-pocket expenses, including, but not limited to, postage, and stationery.

• BNY, 240 Greenwich Street, New York, New York 10286, serves as the transfer and dividend disbursing agent of certain Funds. BNY provides customary transfer agency services to such Funds, including the handling of shareholder communications, the processing of shareholder transactions, the maintenance of shareholder account records, the payment of dividends and distributions, and related functions. The Manager is responsible for compensating BNY under the Transfer Agency and Service Agreement.

SHAREHOLDER COMMUNICATIONS

Shareholders are able to send communications to the applicable Registrant's Nominating and Governance Committee by mail addressed to the Secretary of the applicable Registrant at 655 Broad Street, Newark, New Jersey 07102. The Secretary will forward any communication received for the Nominating and Governance Committee directly to the committee. The Registrants do not have a formal policy with regard to Board Member attendance at shareholder meetings.

SHAREHOLDER PROPOSALS

The Registrants are not required to hold annual meetings of shareholders unless, for example, the election of Board Members is required to be acted on by shareholders under the 1940 Act, or as otherwise required by the 1940 Act or their governing instruments.

Appendix A

Registrant, Fund, and Subadviser(s)

Registrant

State

Fund Name

Subadviser(s)

PGIM ETF Trust

Delaware (DE)

PGIM AAA CLO Aggregate Duration ETF

PGIM Credit⁽³⁾

PGIM AAA CLO ETF

PGIM Credit⁽³⁾

PGIM Active Aggregate Bond ETF

PGIM Credit⁽¹⁾

PGIM Active High Yield Bond ETF

PGIM Credit⁽³⁾

PGIM Corporate Bond 0-5 Year ETF

PGIM Credit⁽³⁾

PGIM Corporate Bond 5-10 Year ETF

PGIM Credit⁽³⁾

PGIM Corporate Bond 10+ Year ETF

PGIM Credit⁽³⁾

PGIM Floating Rate Income ETF

PGIM Credit⁽³⁾

PGIM Jennison Focused Growth ETF

Jennison

PGIM Jennison Focused Mid-Cap ETF

Jennison

PGIM Jennison Focused Value ETF

Jennison

PGIM Jennison Focused International Equity ETF

Jennison

PGIM Jennison International Core Equity ETF

Jennison

PGIM Jennison U.S. Core Equity ETF

Jennison

PGIM Jennison Small-Mid Cap Core Equity ETF

Jennison

PGIM Municipal Income Opportunities ETF

PGIM Credit⁽¹⁾

PGIM Portfolio Ballast ETF

PGIM Quantitative
Solutions

PGIM Securitized Income ETF

PGIM Credit⁽³⁾

PGIM Short Duration High Yield ETF

PGIM Credit⁽³⁾

PGIM Short Duration Multi-Sector Bond ETF

PGIM Credit⁽³⁾

PGIM Total Return Bond ETF

PGIM Credit⁽³⁾

PGIM Ultra Short Bond ETF

PGIM Credit⁽³⁾

PGIM Ultra Short Municipal Bond ETF

PGIM Credit⁽¹⁾

Prudential Global
Total Return Fund, Inc.

Maryland (MD)

PGIM Global Total Return Fund
PGIM Global Total Return (USD Hedged) Fund

PGIM Credit⁽²⁾PGIM Credit⁽³⁾

Prudential Government
Money Market Fund, Inc.

PGIM Government Money Market Fund
PGIM Core Government Money Market Fund

PGIM Credit⁽¹⁾PGIM Credit⁽¹⁾

The Prudential Investment
Portfolios, Inc.

PGIM Balanced Fund

PGIM Quantitative
Solutions; PGIM
Credit⁽³⁾

PGIM Jennison Focused Value Fund

Jennison

PGIM Jennison Growth Fund

Jennison

Prudential Investment
Portfolios 2

PGIM Core Ultra Short Bond Fund
PGIM Institutional Money Market Fund

PGIM Credit⁽³⁾PGIM Credit⁽³⁾

PGIM Core Conservative Bond Fund

PGIM Credit⁽³⁾

PGIM Jennison Small-Cap Core Equity Fund

Jennison

PGIM Quant Solutions Commodity Strategies Fund

PGIM Quantitative
Solutions

PGIM Quant Solutions Mid-Cap Index Fund

PGIM Quantitative
Solutions

PGIM TIPS Fund

PGIM Credit⁽¹⁾

PGIM Quant Solutions Emerging Markets
Equity Fund

PGIM Quantitative
Solutions

PGIM Quant Solutions International Developed
Markets Index Fund

PGIM Quantitative
Solutions

Prudential Investment
Portfolios 3

PGIM Jennison Focused Growth Fund
PGIM Quant Solutions Large-Cap Value Fund

Jennison
PGIM Quantitative
Solutions

PGIM Strategic Bond Fund

PGIM Credit⁽²⁾

Registrant

State

Fund Name

Subadviser(s)

Prudential Investment
Portfolios 4

Massachusetts
(MA)

PGIM Muni High Income Fund

PGIM Credit⁽¹⁾

Prudential Investment
Portfolios 5

PGIM Jennison Diversified Growth Fund
PGIM Jennison Rising Dividend Fund

Jennison
Jennison

PGIM Target Date 2020 Fund

PGIM DC Solutions

PGIM Target Date 2025 Fund

PGIM DC Solutions

PGIM Target Date 2030 Fund

PGIM DC Solutions

PGIM Target Date 2035 Fund

PGIM DC Solutions

PGIM Target Date 2040 Fund

PGIM DC Solutions

PGIM Target Date 2045 Fund

PGIM DC Solutions

PGIM Target Date 2050 Fund

PGIM DC Solutions

PGIM Target Date 2055 Fund

PGIM DC Solutions

PGIM Target Date 2060 Fund

PGIM DC Solutions

PGIM Target Date 2065 Fund

PGIM DC Solutions

PGIM Target Date 2070 Fund

PGIM DC Solutions

PGIM Target Date Income Fund

PGIM DC Solutions

PGIM 60/40 Allocation Fund

PGIM Quantitative
Solutions

Prudential Investment
Portfolios 6

PGIM California Muni Income Fund

PGIM Credit⁽¹⁾

Prudential Investment
Portfolios 7

PGIM Jennison Value Fund

Jennison

Prudential Investment
Portfolios 8

PGIM Quant Solutions Large-Cap Index Fund

PGIM Quantitative
Solutions

PGIM Securitized Credit Fund

PGIM Credit⁽³⁾

Prudential Investment
Portfolios 9

PGIM Absolute Return Bond Fund
PGIM Quant Solutions Large-Cap Core Fund

PGIM Credit⁽²⁾PGIM Quantitative
Solutions

PGIM Real Estate Income Fund

PGIM Real Estate;
PGIM Fund
Management Limited

PGIM Select Real Estate Fund

PGIM Real Estate;
PGIM Fund
Management Limited

Prudential Investment
Portfolios, Inc. 10

PGIM Jennison Global Equity Income Fund
PGIM Quant Solutions Mid-Cap Value Fund

Jennison
PGIM Quantitative
Solutions

Prudential Investment
Portfolios 12

PGIM Conservative Retirement Spending Fund
PGIM Enhanced Retirement Spending Fund

PGIM DC Solutions
PGIM DC Solutions

PGIM Moderate Retirement Spending Fund

PGIM DC Solutions

PGIM Short Duration Muni Fund

PGIM Credit⁽¹⁾

PGIM US Real Estate Fund

PGIM Real Estate;
PGIM Fund
Management Limited

PGIM Global Real Estate Fund

PGIM Real Estate;
PGIM Fund
Management Limited

PGIM Jennison Technology Fund

Jennison

Prudential Investment
Portfolios, Inc. 14

PGIM Floating Rate Income Fund
PGIM Government Income Fund

PGIM Credit⁽³⁾PGIM Credit⁽¹⁾

Prudential Investment
Portfolios, Inc. 15

PGIM High Yield Fund
PGIM Short Duration High Yield Income Fund

PGIM Credit⁽³⁾PGIM Credit⁽²⁾

Registrant

State

Fund Name

Subadviser(s)

Prudential Investment
Portfolios 16

PGIM Income Builder Fund

PGIM Quantitative
Solutions; Jennison

Prudential Investment
Portfolios, Inc. 17

PGIM Total Return Bond Fund
PGIM Short Duration Multi-Sector Bond Fund

PGIM Credit⁽²⁾PGIM Credit⁽²⁾

Prudential Investment
Portfolios 18

PGIM Jennison Energy Infrastructure Fund
(formerly PGIM Jennison MLP Fund)

Jennison

Prudential Jennison Blend
Fund, Inc.

PGIM Jennison Blend Fund

Jennison

Prudential Jennison
Mid-Cap Growth Fund, Inc.

PGIM Jennison Mid-Cap Growth Fund

Jennison

Prudential Jennison Small
Company Fund, Inc.

PGIM Jennison Small Company Fund

Jennison

Prudential National
Muni Fund, Inc.

PGIM National Muni Fund

PGIM Credit⁽¹⁾

Prudential Sector Funds, Inc.

PGIM Jennison Financial Services Fund

Jennison

PGIM Jennison Health Sciences Fund

Jennison

PGIM Jennison Utility Fund

Jennison

Prudential Short-Term
Corporate Bond Fund, Inc.

PGIM Short-Term Corporate Bond Fund

PGIM Credit⁽³⁾

Prudential World Fund, Inc.

PGIM Emerging Markets Debt Hard Currency Fund

PGIM Credit⁽³⁾

PGIM Emerging Markets Debt Local Currency Fund

PGIM Credit⁽²⁾

PGIM Jennison Emerging Markets Equity
Opportunities Fund

Jennison

PGIM Jennison Global Infrastructure Fund

Jennison

PGIM Jennison Global Opportunities Fund

Jennison

PGIM Jennison International Opportunities Fund

Jennison

PGIM Quant Solutions International Equity Fund

PGIM Quantitative
Solutions

Prudential Jennison Natural
Resources Fund, Inc.

PGIM Jennison Natural Resources Fund

Jennison

The Target Portfolio Trust

PGIM Core Bond Fund

PGIM Credit⁽³⁾

PGIM Quant Solutions Small-Cap Value Fund

PGIM Quantitative
Solutions

⁽¹⁾ PGIM Credit is an investment group of PGIM, Inc., the subadviser to the Fund.

⁽²⁾ PGIM Credit is an investment group of PGIM, Inc., the subadviser to the Fund. PGIM Limited serves as a sub-subadviser to the Fund.

⁽³⁾ PGIM Credit is an investment group of PGIM, Inc. and PGIM Limited, each of which is a subadviser to the Fund.

Appendix B

Board and Committee Meetings During the Most Recent Completed Fiscal Year

Registrant	FYE	Board	Audit Committee	Nominating and Governance Committee	Gibraltar Investment Committee	Dryden Investment Committee	Compliance Committee
PGIM ETF Trust	8/31	6	4	4	3	3	3
Prudential Global Total Return Fund, Inc.	10/31	6	4	3	4	4	4
Prudential Government Money Market Fund, Inc.	7/31	6	4	4	4	4	4
The Prudential Investment Portfolios, Inc.	9/30	6	4	4	4	4	4
Prudential Investment Portfolios 2	1/31	6	4	4	4	4	4
	7/31	6	4	4	4	4	4
	10/31	6	4	3	4	4	4
Prudential Investment Portfolios 3	2/28	6	4	4	5	5	4
	10/31	6	4	3	4	4	4
Prudential Investment Portfolios 4	8/31	6	4	4	3	3	3
Prudential Investment Portfolios 5	7/31	6	4	4	4	4	4
Prudential Investment Portfolios 6	8/31	6	4	4	3	3	3
Prudential Investment Portfolios 7	8/31	6	4	4	3	3	3
Prudential Investment Portfolios 8	9/30	6	4	4	4	4	4
Prudential Investment Portfolios 9	10/31	6	4	3	4	4	4
Prudential Investment Portfolios, Inc. 10	10/31	6	4	3	4	4	4
Prudential Investment Portfolios 12	3/31	6	4	4	4	4	4
	10/31	6	4	3	4	4	4
Prudential Investment Portfolios, Inc. 14	2/28	6	4	4	5	5	4
Prudential Investment Portfolios, Inc. 15	8/31	6	4	4	3	3	3
Prudential Investment Portfolios, Inc. 16	10/31	6	4	3	4	4	4
Prudential Investment Portfolios, Inc. 17	10/31	6	4	3	4	4	4
Prudential Investment Portfolios 18	11/30	6	4	4	5	5	4
Prudential Jennison Blend Fund, Inc.	8/31	6	4	4	3	3	3
Prudential Jennison Mid-Cap Growth Fund, Inc.	8/31	6	4	4	3	3	3
Prudential Jennison Small Company Fund, Inc.	9/30	6	4	4	4	4	4

Appendix C

Aggregate Independent Board Member Compensation

Registrant	Ellen S. Alberding***			Kevin J. Bannon			Linda W. Bynoe			Barry Evans
PGIM ETF Trust	$	58,563		$	56,743		$	56,997		$	64,410
Prudential Global Total Return Fund, Inc.	$	5,963		$	6,260		$	6,060		$	6,904
Prudential Government Money Market Fund, Inc.	$	2,840		$	2,827		$	2,827		$	2,917
The Prudential Investment Portfolios, Inc.	$	17,010		$	18,120		$	17,490		$	20,660
Prudential Investment Portfolios 2	$	11,120		$	11,120		$	11,110		$	11,200
Prudential Investment Portfolios 3	$	9,196		$	9,393		$	9,223		$	10,167
Prudential Investment Portfolios 4	$	2,520		$	2,460		$	2,460		$	2,730
Prudential Investment Portfolios 5	$	19,356		$	19,344		$	19,320		$	19,623
Prudential Investment Portfolios 6	$	1,700		$	1,677		$	1,673		$	1,783
Prudential Investment Portfolios 7	$	2,203		$	2,157		$	2,163		$	2,360
Prudential Investment Portfolios 8	$	5,760		$	6,060		$	5,860		$	6,660
Prudential Investment Portfolios 9	$	10,739		$	11,253		$	10,887		$	12,333
Prudential Investment Portfolios, Inc. 10	$	3,614		$	3,710		$	3,633		$	3,930
Prudential Investment Portfolios 12	$	10,293		$	10,383		$	10,317		$	10,753
Prudential Investment Portfolios, Inc. 14	$	5,827		$	5,963		$	5,823		$	6,577
Prudential Investment Portfolios, Inc. 15	$	39,357		$	37,860		$	37,983		$	45,523
Prudential Investment Portfolios 16	$	1,510		$	1,547		$	1,537		$	1,607
Prudential Investment Portfolios, Inc. 17	$	78,166		$	84,014		$	80,393		$	97,817
Prudential Investment Portfolios 18	$	1,907		$	1,963		$	1,923		$	2,090
Prudential Jennison Blend Fund, Inc.	$	2,757		$	2,697		$	2,707		$	3,020
Prudential Jennison Mid-Cap Growth Fund, Inc.	$	3,873		$	3,790		$	3,787		$	4,337
Prudential Jennison Small Company Fund, Inc.	$	5,550		$	5,900		$	5,700		$	6,730
Prudential National Muni Fund, Inc.	$	2,850		$	2,790		$	2,790		$	3,130
Prudential Sector Funds, Inc.	$	10,407		$	10,893		$	10,563		$	12,103
Prudential Short-Term Corporate Bond Fund, Inc.	$	12,420		$	13,230		$	12,620		$	15,170
Prudential World Fund, Inc.	$	25,688		$	27,087		$	26,200		$	30,290
Prudential Jennison Natural Resources Fund, Inc.	$	2,110		$	2,167		$	2,137		$	2,343
The Target Portfolio Trust	$	6,247		$	6,147		$	6,123		$	6,920
Total Compensation from Registrant and Fund Complex for Most Recent Year	$	352,000 (30/102)**	*	$	370,000 (31/103)**	*	$	352,000 (28/100)**	*	$	410,000 (31/103)**	*

Registrant	Keith F. Hartstein			Laurie Simon Hodrick			Brian Reid			Grace C. Torres
PGIM ETF Trust	$	70,643		$	59,876		$	64,410		$	64,410
Prudential Global Total Return Fund, Inc.	$	7,530		$	6,357		$	6,904		$	6,904
Prudential Government Money Market Fund, Inc.	$	2,987		$	2,637		$	2,917		$	2,917
The Prudential Investment Portfolios, Inc.	$	22,850		$	18,450		$	20,660		$	20,660
Prudential Investment Portfolios 2	$	11,264		$	10,623		$	11,200		$	11,200
Prudential Investment Portfolios 3	$	11,023		$	9,577		$	10,167		$	10,167
Prudential Investment Portfolios 4	$	2,970		$	2,570		$	2,730		$	2,730
Prudential Investment Portfolios 5	$	19,889		$	17,830		$	19,623		$	19,623
Prudential Investment Portfolios 6	$	1,873		$	1,713		$	1,783		$	1,783
Prudential Investment Portfolios 7	$	2,540		$	2,243		$	2,360		$	2,360
Prudential Investment Portfolios 8	$	7,210		$	6,150		$	6,660		$	6,660
Prudential Investment Portfolios 9	$	13,356		$	11,390		$	12,333		$	12,333
Prudential Investment Portfolios, Inc. 10	$	4,127		$	3,736		$	3,930		$	3,930
Prudential Investment Portfolios 12	$	11,080		$	10,463		$	10,753		$	10,753
Prudential Investment Portfolios, Inc. 14	$	7,254		$	6,136		$	6,577		$	6,577
Prudential Investment Portfolios, Inc. 15	$	52,167		$	40,877		$	45,523		$	45,523
Prudential Investment Portfolios 16	$	1,660		$	1,550		$	1,607		$	1,607
Prudential Investment Portfolios, Inc. 17	$	111,107		$	86,140		$	97,817		$	97,817
Prudential Investment Portfolios 18	$	2,210		$	1,980		$	2,090		$	2,090
Prudential Jennison Blend Fund, Inc.	$	3,297		$	2,827		$	3,020		$	3,020
Prudential Jennison Mid-Cap Growth Fund, Inc.	$	4,830		$	3,997		$	4,337		$	4,337
Prudential Jennison Small Company Fund, Inc.	$	7,430		$	6,010		$	6,730		$	6,730
Prudential National Muni Fund, Inc.	$	3,417		$	2,920		$	3,130		$	3,130
Prudential Sector Funds, Inc.	$	13,380		$	11,087		$	12,103		$	12,103
Prudential Short-Term Corporate Bond Fund, Inc.	$	17,390		$	13,600		$	15,170		$	15,170
Prudential World Fund, Inc.	$	33,276		$	27,554		$	30,290		$	30,290
Prudential Jennison Natural Resources Fund, Inc.	$	2,510		$	2,210		$	2,343		$	2,343
The Target Portfolio Trust	$	7,620		$	5,960		$	6,920		$	6,920
Total Compensation from Registrant and Fund Complex for Most Recent Year	$	456,000 (31/103)**	*	$	372,000 (28/100)**	*	$	410,000 (31/103)**	*	$	410,000 (31/103)**	*

* Compensation relates to portfolios that were in existence for any period during 2025.

** Number of funds and portfolios represent those in existence as of December 31, 2025, and excludes funds that have merged or liquidated during the year. Additionally, the number of funds and portfolios includes those which are approved as of December 31, 2025, however, may commence operations after that date. No compensation is paid out from such funds/portfolios.

*** Under the deferred fee agreement for the PGIM Investments-managed funds, certain Board Members have elected to defer all or part of their total compensation. The amount of compensation deferred during the calendar year ended December 31, 2025, amounted to $302,790 for Ms. Alberding. Under the deferred fee arrangement, this amount is deposited into a trust held for the benefit of the participating Board Member and is not a continuing obligation of the Funds.

Appendix D

Board Member Share Ownership: Independent Board Members

Name				Aggregate Dollar Range of Equity Securities in All Registered Investment Companies Overseen by Board Member in Fund Complex
Ellen S. Alberding				Over $100,000
Kevin J. Bannon				Over $100,000
Linda W. Bynoe				Over $100,000
Barry H. Evans				Over $100,000
Keith F. Hartstein				Over $100,000
Laurie Simon Hodrick				Over $100,000
Brian K. Reid				Over $100,000
Grace C. Torres				Over $100,000

Board Member Share Ownership: Interested Board Members

Name				Aggregate Dollar Range of Equity Securities in All Registered Investment Companies Overseen by Board Member in Fund Complex
Scott E. Benjamin				Over $100,000
Stuart S. Parker				Over $100,000

Board Member Share Ownership By Fund: Independent Board Members

Fund

Ellen S.
Alberding

Kevin J.
Bannon

Linda W.
Bynoe

Barry H.
Evans

Keith F.
Hartstein

Laurie
Simon
Hodrick

Brian K.
Reid

Grace C.
Torres

PGIM Jennison Growth Fund

>$100K

PGIM Quant Solutions
Large-Cap Index Fund

>$100K

PGIM Quant Solutions
Mid-Cap Value Fund

>$100K

PGIM Balanced Fund

>$100K

PGIM Jennison Natural
Resources Fund

>$100K

PGIM Jennison Mid-Cap
Growth Fund

>$100K

PGIM Jennison Health Sciences
Fund

>$100K

PGIM Emerging Market Debt
Local Currency Fund

>$100K

PGIM Jennison Small Company
Fund

>$100K

PGIM Floating Rate Income
Fund

>$100K

PGIM Short Duration High
Yield Income Fund

>$100K

PGIM Jennison Energy
Infrastructure Fund

>$100K

PGIM Total Return Bond Fund

>$100K

PGIM Quant Solutions
Small-Cap Value Fund

>$100K

PGIM Jennison Emerging
Markets Equity Opportunities
Fund

>$100K

Fund

Ellen S.
Alberding

Kevin J.
Bannon

Linda W.
Bynoe

Barry H.
Evans

Keith F.
Hartstein

Laurie
Simon
Hodrick

Brian K.
Reid

Grace C.
Torres

PGIM Ultra Short Bond ETF

>$100K

PGIM AAA CLO ETF

>$100K

PGIM Jennison Value Fund

>$100K

$10,001-
$50K

PGIM Jennison International
Opportunities Fund

>$100K

PGIM US Real Estate Fund

$50,001-
$100K

>$100K

PGIM High Yield Fund

>$100K

$50,001-
$100K

PGIM Absolute Return Bond
Fund

>$100K

Prudential Global Total
Return (USD) Hedged Fund

>$100K

PGIM Jennison Global
Opportunities Fund

>$100K

$50,001-
$100K

PGIM Jennison Utility Fund

>$100K

PGIM Jennison Global Equity
Income Fund

>$100K

PGIM Quant Solutions
Large Cap Core Fund

>$100K

PGIM Global Real Estate Fund

$10,001-
$50K

PGIM Jennison Global
Infrastructure Fund

$50,001-
$100K

PGIM Income Builder Fund

$10,001-
$50K

PGIM Jennison Financial
Services

$10,001-
$50K

Key: "K" represents $1,000. The dollar ranges are abbreviated as follows: Blank (None); $1 - $10k ($1 to $10,000); $10,001 - $50k ($10,001 to $50,000), $50,001 - $100k ($50,001 to $100,000); and >$100K (over $100,000).

Board Member Share Ownership By Fund: Interested Board Members

Fund	Stuart S. Parker	Scott E. Benjamin
PGIM Quant Solutions Large Cap Core Equity Fund	>$100K
PGIM Jennison Health Sciences Fund	>$100K	$10,001-$50K
PGIM National Muni Fund	>$100K
PGIM Short Duration Muni High Income	>$100K
PGIM Jennison Global Opportunities Fund	>$100K
PGIM ESG Total Return Bond Fund	>$100K
PGIM Quant Solutions Small Cap Value Fund	>$100K
PGIM Total Return Bond Fund	$50,001-$100K
PGIM Muni High Income Fund	>$100K
PGIM Jennison Natural Resources Fund		$50,001-$100K
PGIM Global Real Estate Fund		$10,001-$50K
PGIM Jennison Focused Growth Fund		$1-$10K
PGIM High Yield Fund		$1-$10K
PGIM Jennison Value Fund		$1-$10K
PGIM Quant Solutions Large-Cap Core Fund		>$100K
PGIM Real Assets Fund*		$10,001-$50K

* The PGIM Real Assets Fund, a series of Prudential Investment Portfolios 3, liquidated on October 21, 2026.

Appendix E

Audit and Related Fees⁽¹⁾

Registrant/Fund	Fiscal Year End	Aggregate Fees		Fiscal Year End	Aggregate Fees
PGIM ETF Trust
PGIM AAA CLO ETF	8/31/25	$	42,500	8/31/26	$	50,500
PGIM Active Aggregate Bond ETF	8/31/25	$	39,000	8/31/26	$	46,000
PGIM Active High Yield Bond ETF	8/31/25	$	40,000	8/31/26	$	47,500
PGIM CORPORATE BOND 0-5 YEAR ETF	8/31/25	$	29,250	8/31/26	$	40,560
PGIM CORPORATE BOND 10+ YEAR ETF	8/31/25	$	29,250	8/31/26	$	40,560
PGIM CORPORATE BOND 5-10 YEAR ETF	8/31/25	$	29,250	8/31/26	$	40,560
PGIM Floating Rate Income ETF	8/31/25	$	40,000	8/31/26	$	47,500
PGIM Jennison Better Future ETF	8/31/25	$	26,154	8/31/26		—
PGIM Jennison Focused Growth ETF	8/31/25	$	26,156	8/31/26	$	27,202
PGIM Jennison Focused Mid-Cap ETF	8/31/25	$	26,155	8/31/26	$	27,202
PGIM Jennison Focused Value ETF	8/31/25	$	26,156	8/31/26	$	27,202
PGIM Jennison International Opportunities ETF	8/31/25	$	29,495	8/31/26	$	30,674
PGIM Municipal Income Opportunities ETF	8/31/25	$	39,000	8/31/26	$	46,000
PGIM Portfolio Ballast ETF	8/31/25	$	29,495	8/31/26	$	30,674
PGIM Short Duration High Yield ETF	8/31/25	$	40,000	8/31/26	$	47,500
PGIM Short Duration Multi-Sector Bond ETF	8/31/25	$	41,500	8/31/26	$	49,000
PGIM Total Return Bond ETF	8/31/25	$	40,000	8/31/26	$	47,500
PGIM Ultra Short Bond ETF	8/31/25	$	33,000	8/31/26	$	38,000
PGIM Ultra Short Municipal Bond ETF	8/31/25	$	33,000	8/31/26	$	38,000
PGIM Jennison Small-Mid Cap Core Equity ETF	8/31/25		—	8/31/26		—
PGIM Jennison International Core Equity ETF	8/31/25		—	8/31/26		—
PGIM AAA CLO Aggregate Duration ETF	8/31/25		—	8/31/26	$	27,202
PGIM Securitized Income ETF	8/31/25		—	8/31/26	$	50,500
PGIM Jennison U.S. Core Equity ETF	8/31/25		—	8/31/26	$	27,202
Prudential Global Total Return Fund, Inc.
PGIM Global Total Return (USD Hedged) Fund	10/31/25	$	48,557	10/31/26	$	48,557
PGIM Global Total Return Fund	10/31/25	$	76,019	10/31/26	$	76,019
Prudential Government Money Market Fund, Inc.
PGIM Core Government Money Market Fund	7/31/25	$	27,102	7/31/26	$	28,186
PGIM Government Money Market Fund	7/31/25	$	27,352	7/31/26	$	28,446
Prudential Investment Portfolios, Inc.
PGIM Balanced Fund	9/30/25	$	56,081	9/30/26	$	56,081
PGIM Jennison Focused Value Fund	9/30/25	$	27,722	9/30/26	$	27,722
PGIM Jennison Growth Fund	9/30/25	$	27,982	9/30/26	$	27,982
Prudential Investment Portfolios 2
PGIM Core Conservative Bond Fund	7/31/25	$	61,827	7/31/26	$	64,300
PGIM Core Ultra Short Bond Fund	1/31/25	$	27,825	1/31/26	$	28,938
PGIM Institutional Money Market Fund	1/31/25	$	27,102	1/31/26	$	28,186
PGIM Jennison Small-Cap Core Equity Fund	7/31/25	$	26,712	7/31/26	$	27,780
PGIM Quant Solutions Commodity Strategies Fund	7/31/25	$	30,301	7/31/26	$	31,513

Registrant/Fund	Fiscal Year End	Aggregate Fees		Fiscal Year End	Aggregate Fees
PGIM Quant Solutions Emerging Markets Equity Fund	10/31/25	$	32,411	10/31/26	$	32,411
PGIM Quant Solutions International Developed Markets Index Fund	10/31/25	$	32,411	10/31/26	$	32,411
PGIM Quant Solutions Mid-Cap Index Fund	7/31/25	$	26,712	7/31/26	$	27,780
PGIM TIPS Fund	7/31/25	$	35,950	7/31/26	$	37,388
Prudential Investment Portfolios 3
PGIM Jennison Focused Growth Fund	2/28/25	$	26,656	2/28/26	$	27,722
PGIM Quant Solutions Large-Cap Value Fund	2/28/25	$	26,655	2/28/26	$	27,722
PGIM Real Assets Fund⁽²⁾	10/31/25		—	10/31/26		—
PGIM Strategic Bond Fund	2/28/25	$	67,280	2/28/26	$	69,971
Prudential Investment Portfolios 4
PGIM Muni High Income Fund	8/31/25	$	45,020	8/31/26	$	46,821
Prudential Investment Portfolios 5
PGIM 60/40 Allocation Fund	7/31/25	$	23,567	7/31/26	$	24,509
PGIM Jennison Diversified Growth Fund	7/31/25	$	26,656	7/31/26	$	27,722
PGIM Jennison Rising Dividend Fund	7/31/25	$	26,656	7/31/26	$	27,722
PGIM Target Date 2020 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date 2025 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date 2030 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date 2035 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date 2040 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date 2045 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date 2050 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date 2055 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date 2060 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date 2065 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date 2070 Fund	7/31/25	$	20,228	7/31/26	$	21,037
PGIM Target Date Income Fund	7/31/25	$	24,228	7/31/26	$	21,037
Prudential Investment Portfolios 6
PGIM California Muni Income Fund	8/31/25	$	44,074	8/31/26	$	45,837
Prudential Investment Portfolios 7
PGIM Jennison Value Fund	8/31/25	$	26,656	8/31/26	$	27,722
Prudential Investment Portfolios 8
PGIM Quant Solutions Large-Cap Index Fund	9/30/25	$	27,722	9/30/26	$	27,722
PGIM Securitized Credit Fund	9/30/25	$	66,499	9/30/26	$	66,499
Prudential Investment Portfolios 9
PGIM Quant Solutions Large-Cap Core Fund	10/31/25	$	27,722	10/31/26	$	27,722
PGIM Real Estate Income Fund	10/31/25	$	37,445	10/31/26	$	37,445
PGIM Select Real Estate Fund	10/31/25	$	37,561	10/31/26	$	37,561
PGIM Absolute Return Bond Fund	10/31/25	$	75,759	10/31/26	$	75,759
Prudential Investment Portfolios, Inc. 10
PGIM Jennison Global Equity Income Fund	10/31/25	$	31,773	10/31/26	$	31,773
PGIM Quant Solutions Mid-Cap Value Fund	10/31/25	$	28,560	10/31/26	$	28,560
Prudential Investment Portfolios 12
PGIM Conservative Retirement Spending Fund	3/31/25	$	18,550	3/31/26	$	19,292
PGIM Enhanced Retirement Spending Fund	3/31/25	$	18,550	3/31/26	$	19,292

Registrant/Fund	Fiscal Year End	Aggregate Fees		Fiscal Year End	Aggregate Fees
PGIM Global Real Estate Fund	10/31/25	$	34,232	10/31/26	$	34,232
PGIM Jennison International Small-Mid Cap Opportunities Fund	10/31/25	$	31,773	10/31/26		—
PGIM Jennison NextGeneration Global Opportunities Fund	10/31/25	$	31,773	10/31/26		—
PGIM Jennison Technology Fund	10/31/25	$	27,722	10/31/26	$	27,722
PGIM Moderate Retirement Spending Fund	3/31/25	$	18,550	3/31/26	$	19,292
PGIM Short Duration Muni Fund	3/31/25	$	45,020	3/31/26	$	46,821
PGIM US Real Estate Fund	3/31/25	$	29,104	3/31/26	$	30,268
Prudential Investment Portfolios, Inc. 14
PGIM Floating Rate Income Fund	2/28/25	$	70,619	2/28/26	$	73,444
PGIM Government Income Fund	2/28/25	$	41,681	2/28/26	$	43,348
Prudential Investment Portfolios, Inc. 15
PGIM High Yield Fund	8/31/25	$	51,392	8/31/26	$	53,447
PGIM Short Duration High Yield Income Fund	8/31/25	$	48,359	8/31/26	$	50,293
Prudential Investment Portfolios 16
PGIM Income Builder Fund	10/31/25	$	61,869	10/31/26	$	61,869
Prudential Investment Portfolios, Inc. 17
PGIM Short Duration Multi-Sector Bond Fund	10/31/25	$	74,196	10/31/26	$	74,196
PGIM Total Return Bond Fund	10/31/25	$	76,019	10/31/26	$	76,019
Prudential Investment Portfolios 18
PGIM Jennison Energy Infrastructure Fund	11/30/24	$	66,723	11/30/25	$	69,392
Prudential Jennison Blend Fund, Inc.
PGIM Jennison Blend Fund	8/31/25	$	26,656	8/31/26	$	27,722
Prudential Jennison Mid-Cap Growth Fund, Inc.
PGIM Jennison Mid-Cap Growth Fund	8/31/25	$	27,462	8/31/26	$	28,560
Prudential Jennison Small Company Fund, Inc.
PGIM Jennison Small Company Fund	9/30/25	$	28,560	9/30/26	$	28,560
Prudential National Muni Fund, Inc.
PGIM National Muni Fund	8/31/25	$	44,074	8/31/26	$	45,837
Prudential Sector Funds, Inc.
PGIM Jennison Financial Services Fund	11/30/24	$	26,656	11/30/25	$	27,722
PGIM Jennison Health Sciences Fund	11/30/24	$	26,656	11/30/25	$	27,722
PGIM Jennison Utility Fund	11/30/24	$	26,656	11/30/25	$	27,722
Prudential Short-Term Corporate Bond Fund, Inc.
PGIM Short-Term Corporate Bond Fund	12/31/24	$	43,044	12/31/25	$	44,766
Prudential World Fund, Inc.
PGIM Emerging Markets Debt Hard Currency Fund	10/31/25	$	58,396	10/31/26	$	58,396
PGIM Emerging Markets Debt Local Currency Fund	10/31/25	$	58,396	10/31/26	$	58,396
PGIM Jennison Emerging Markets Equity Opportunities Fund	10/31/25	$	31,773	10/31/26	$	31,773
PGIM Jennison Global Infrastructure Fund	10/31/25	$	31,773	10/31/26	$	31,773
PGIM Jennison Global Opportunities Fund	10/31/25	$	32,033	10/31/26	$	32,033
PGIM Jennison International Opportunities Fund	10/31/25	$	32,033	10/31/26	$	32,033
PGIM Quant Solutions International Equity Fund	10/31/25	$	31,773	10/31/26	$	31,773
Prudential Jennison Natural Resources Fund, Inc.
PGIM Jennison Natural Resources Fund	10/31/25	$	28,300	10/31/26	$	28,300

Appendix F

Shares Outstanding
(As of the Record Date)

Fund

Class/Outstanding Shares

Fund

Class/Outstanding Shares

PGIM Global Total Return Fund

A: 27,820,666.328 C: 1,289,800.589
R2: 621,438.594 R4: 2,158,785.362
R6: 275,828,184.730
Z: 175,148,207.018

PGIM Global Total Return (USD Hedged) Fund

A: 44,233.839 C: 6,004.466
R6: 1,463,626.065 Z: 1,976,158.298

PGIM Government Money Market Fund

A: 105,057,766.890 C: 4,871,695.110
A Purchase: 162,256,131.210
Z: 42,981,720.730

PGIM Core Government Money Market Fund

6,580,274,660.380

PGIM Balanced Fund

A: 38,529,275.049 C: 1,884,081.610
R: 2,321.107 R6: 6,822,933.803
Z: 6,590,796.024

PGIM Jennison Focused Value Fund

A: 8,137,964.574 C: 206,173.436
R: 16,546.421 R6: 1,020,281.147
Z: 3,897,590.562

PGIM Jennison Growth Fund

A: 30,808,742.519 C: 2,405,258.465
R: 4,966,305.519 R2: 89,483.214
R4: 237,302.793 R6: 24,919,180.324
Z: 51,241,592.043

PGIM Core Ultra Short Bond Fund

16,807,991,413.180

PGIM Institutional Money Market Fund

9,792,260,070.815

PGIM Core Conservative Bond Fund

R6: 6,288,372.314

PGIM Jennison Small-Cap Core Equity Fund

R6: 707,142.939

PGIM Quant Solutions Commodity Strategies Fund

R6: 1,509,850.869 Z: 52,275.620

PGIM Quant Solutions Mid-Cap Index Fund

R6: 1,220,153.315

PGIM TIPS Fund

R6: 4,681,646.833

PGIM Quant Solutions Emerging Markets Equity Fund

R6: 1,513,194.632

PGIM Quant Solutions International Developed Markets Index Fund

R6: 2,628,031.637

PGIM Jennison Focused Growth Fund

A: 35,801,157.831 C: 1,671,053.825
R6: 3,029,719.735 Z: 11,217,160.845

PGIM Quant Solutions Large-Cap Value Fund

A: 2,964,906.105 C: 135,082.221
R: 11,075,561.085 R6: 137,670.890
Z: 3,567,379.485

PGIM Strategic Bond Fund

A: 10,149,303.209 C: 4,429,657.395
R6: 14,164,270.758
Z: 124,412,151.701

PGIM Muni High Income Fund

A: 34,454,829.201 C: 1,465,615.368
R6: 10,496,017.238 Z:64,124,427.941

PGIM Jennison Diversified Growth Fund

A: 15,620,331.919 C: 420,005.873
R6: 155,283.415 Z: 3,411,485.602

PGIM Jennison Rising Dividend Fund

A: 2,386,976.248 C: 983,205.709
R6: 35,242.680 Z: 2,051,052.994

PGIM Target Date 2020 Fund

R1: 2,476.867 R2: 5,968.230
R3: 63,522.755 R4: 4,262.620
R5: 1,692.022 R6: 2,488,757.838

PGIM Target Date 2025 Fund

R1: 5,742.649 R2: 55,561.015
R3: 52,510.147 R4: 1,649.636
R5: 2,766.581 R6: 3,353,142.205

PGIM Target Date 2030 Fund

R1: 25,305.666 R2: 94,259.643
R3: 120,561.040 R4: 2,318.050
R5: 65,067.280 R6: 3,990,944.340

PGIM Target Date 2035 Fund

R1: 43,863.418 R2: 22,052.303
R3: 56,247.398 R4: 2,355.726
R5: 17,684.523 R6: 3,585,250.369

PGIM Target Date 2040 Fund

R1: 66,583.899 R2: 73,202.646
R3: 95,415.537 R4: 6,934.173
R5: 8,460.120 R6: 2,477,592.313

PGIM Target Date 2045 Fund

R1: 17,441.294 R2: 104,399.845
R3: 25,267.528 R4: 4,771.339
R5: 11,323.721 R6: 2,200,079.755

PGIM Target Date 2050 Fund

R1: 23,395.124 R2: 47,782.641
R3: 79,918.816 R4: 2,255.922
R5: 7,942.205 R6: 1,253,179.427

PGIM Target Date 2055 Fund

R1: 16,510.792 R2: 34,826.797
R3: 34,883.104 R4: 5,122.506
R5: 11,841.301 R6: 754,120.724

PGIM Target Date 2060 Fund

R1: 17,677.274 R2: 30,435.100
R3: 27,790.651 R4: 2,793.776
R5: 5,567.575 R6: 575,265.891

PGIM Target Date 2065 Fund

R1: 1,264.718 R2: 29,351.740
R3: 4,392.554 R4: 1,302.133
R5: 3,062.427 R6: 132,718.416

Fund

Class/Outstanding Shares

Fund

Class/Outstanding Shares

PGIM Target Date 2070 Fund

R1: 1,032.395 R2: 1,722.646
R3: 1,162.682 R4: 1,037.143
R5: 1,038.143 R6: 2,862.463

PGIM Target Date Income Fund

R1: 16,546.678 R2: 8,488.576
R3: 69,469.332 R4: 4,640.978
R5: 5,568.324 R6: 2,104,143.145

PGIM 60/40 Allocation Fund

R6: 10,609,486.435

PGIM California Muni Income Fund

A: 12,777,154.794 C: 318,798.606 R6: 4,426,637.624 Z: 27,584,295.547

PGIM Jennison Value Fund

A: 18,637,754.765 C: 260,574.737
R: 287,652.162 R6: 1,188,071.700
Z: 9,858,680.935

PGIM Quant Solutions Large-Cap Index Fund

A: 7,084,712.989 C: 338,750.583
I: 2,531,404.781 R6: 3,840,334.638
Z: 3,287,793.049

PGIM Securitized Credit Fund

A: 14,233,170.199 C: 4,091,310.119
R6: 26,729,349.017
Z: 408,180,268.202

PGIM Absolute Return Bond Fund

A: 22,113,842.883 C: 6,109,274.982
R6: 25,068,466.824
Z: 386,956,426.493

PGIM Quant Solutions Large-Cap Core Fund

A: 22,542,771.940 C: 579,903.313
R6: 5,464,262.424 Z: 12,948,553.363

PGIM Real Estate Income Fund

A: 144,481.377 C: 40,959.170
R6: 4,517,591.517 Z: 2,970,616.320

PGIM Select Real Estate Fund

A: 186,456.467 C: 163,614.483
R6: 543,459.386 Z: 16,156,908.619

PGIM Jennison Global Equity Income Fund

A: 34,776,595.637 C:672,598.564
R 1,016,136.620 R6: 1,103,236.813
Z: 10,553,274.765

PGIM Quant Solutions Mid-Cap Value Fund

A: 3,657,854.504 C: 31,024.311
R: 3,845.352 R2: 1,739.589
R4: 1,497.275 R6: 1,035,115.846
Z: 1,045,108.442

PGIM Conservative Retirement Spending Fund

R6: 501,112.271

PGIM Enhanced Retirement Spending Fund

R6: 524,940.532

PGIM Moderate Retirement Spending Fund

R6: 501,107.582

PGIM Short Duration Muni Fund

A: 10,791,547.964 C: 186,768.238
R6: 4,252,777.604 Z: 20,836,763.126

PGIM US Real Estate Fund

A: 480,963.232 C: 142,316.526
R6: 10,233,022.317
Z: 13,785,634.591

PGIM Global Real Estate Fund

A: 3,573,706.281 C: 87,570.134
R: 341,969.743 R2: 168,801.541
R4: 50,596.159 R6: 17,623,229.256
Z: 20,006,763.380

PGIM Jennison Technology Fund

A: 558,111.909 C: 47,752.826
R6: 12,809.095 Z: 742,346.468

PGIM Floating Rate Income Fund

A: 25,448,564.685 C: 4,085,040.273
R6: 26,732,262.371
Z: 222,722,653.893

PGIM Government Income Fund

A: 13,536,820.303 C: 208,664.916
R: 595,341.145 R6: 5,655,198.516
Z: 14,374,761.628

PGIM High Yield Fund

A: 286,921,808.276 C: 32,798,456.874
R: 16,506,836.166 R2: 4,390,765.429
R4: 6,647,199.154
R6: 2,347,801,732.083
Z: 2,114,582,007.793

PGIM Short Duration High Yield Income Fund

A: 46,997,983.943 C: 14,044,069.860
R6: 59,236,346.612
Z: 502,454,821.905

PGIM Income Builder Fund

A: 12,935,377.517 C: 1,514,935.266
R: 80,851.668 R6: 620,095.003
Z: 7,359,792.333

PGIM Total Return Bond Fund

A: 174,971,583.559 C:17,865,214.185
R: 21,706,261.070 R2: 2,890,554.396
R4: 3,391,990.905 R6:2,037,410,742.324
Z: 2,161,476,200.477

PGIM Short Duration Multi-Sector Bond Fund

A: 96,715,013.937 C: 5,871,920.621
R6: 373,596,756.028
Z: 469,584,037.538

PGIM Jennison Energy Infrastructure Fund

A: 7,713,266.251 C: 3,226,204.200
R6: 7,419,635.306 Z: 57,535,252.777

PGIM Jennison Blend Fund

A: 38,806,389.233 C: 405,516.080
R6: 60,443.393 Z: 1,841,359.937

PGIM Jennison Mid-Cap Growth Fund

A: 37,436,987.052 C: 298,659.629
R: 5,212,251.254 R2: 91,222.714
R4: 287,182.634 R6: 29,674,189.997
Z: 20,043,594.776

PGIM Jennison Small Company Fund

A: 19,024,648.764 C: 240,574.489
R: 5,092,558.246 R2: 378,870.795
R4: 364,383.240 R6: 76,909,065.793
Z: 18,593,001.261

PGIM National Muni Fund

A: 37,253,887.996 C: 505,761.740
R6: 18,374,367.972 Z: 39,078,906.067

Fund

Class/Outstanding Shares

Fund

Class/Outstanding Shares

PGIM Jennison Financial Services Fund

A: 4,119,368.420 C: 198,446.177
R: 310,481.116 R6: 53,719.513
Z: 1,397,043.581

PGIM Jennison Health Sciences Fund

A: 15,529,779.309 C: 1,021,486.482
R: 147,677.455 R6: 848,145.412
Z: 15,431,983.797

PGIM Jennison Utility Fund

A: 168,856,033.682 C: 2,880,284.726
R: 5,693,356.635 R6: 3,041,946.637
Z: 22,237,485.080

PGIM Short-Term Corporate Bond Fund

A: 88,606,089.503 C: 6,888,162.041
R: 6,803,359.178 R2: 126,169.771
R4: 112,184.940 R6: 166,600,265.763
Z: 475,053,634.618

PGIM Emerging Markets Debt Hard Currency Fund

A: 44,798.767 C: 7,286.731
R6: 14,616,317.590 Z: 10,557,119.895

PGIM Emerging Markets Debt Local Currency Fund

A: 388,256.955 C: 4,721.624
R6: 1,105,602.270 Z: 7,016,790.791

PGIM Jennison Emerging Markets Equity Opportunities Fund

A: 1,518,342.972 C: 199,481.691
R6: 22,695,152.424 Z: 13,782,932.452

PGIM Jennison Global Infrastructure Fund

A: 598,539.144 C: 117,675.947
R6: 182,611.349 Z: 1,865,086.217

PGIM Jennison Global Opportunities Fund

A: 14,012,970.530 C: 4,162,870.298
R2: 13,952.220 R4: 7,252.572
R6: 39,086,324.593 Z: 42,066,957.327

PGIM Jennison International Opportunities Fund

A: 4,229,092.014 C: 573,323.652
R: 6,133,104.182 R2: 21,100.192
R4: 185,113.773 R6: 36,948,209.085
Z: 76,520,113.473

PGIM Quant Solutions International Equity Fund

A: 17,080,709.164 C: 157,041.467
R6: 10,550,942.672 Z: 12,179,398.615

PGIM Jennison Natural Resources Fund

A: 4,192,913.637 C: 301,285.581
R: 331,016.080 R6: 1,028,964.307
Z: 4,986,367.922

PGIM Core Bond Fund

A: 19,474,327.602 C: 507,658.066
R: 3,077.304 R6: 128,846,210.734
Z: 152,229,151.927

PGIM Quant Solutions Small-Cap Value

A: 4,554,935.153 C: 31,821.858
R: 4,339,279.248 R2: 6,709.816
R4: 846.666 R6: 2,341,857.643
Z: 7,015,247.149

PGIM AAA CLO ETF

290,250,000

PGIM Active Aggregate Bond ETF

2,425,000

PGIM Active High Yield Bond ETF

44,950,000

PGIM Floating Rate Income ETF

2,675,000

PGIM Jennison Focused Growth ETF

1,210,000

PGIM Jennison Focused Mid-Cap ETF

310,000

PGIM Jennison Focused Value ETF

1,960,000

PGIM Jennison Focused International Equity ETF

980,000

PGIM Portfolio Ballast ETF

2,120,000

PGIM Short Duration High Yield ETF

4,400,000

PGIM Short Duration Multi-Sector Bond ETF

5,275,000

PGIM Total Return Bond ETF

28,725,000

PGIM Ultra Short Bond ETF

399,375,000

PGIM Municipal Income Opportunities ETF

1,150,000

PGIM Ultra Short Municipal Bond ETF

3,525,000

PGIM Corporate Bond
0-5 Year ETF

$13,950.00

PGIM Corporate Bond 5-10 Year ETF

$12,050,000

PGIM Corporate Bond 10+ Year ETF

1,550,000

PGIM Jennison U.S. Core Equity ETF

130,000

PGIM AAA CLO Aggregate Duration ETF

525,000

PGIM Securitized Income ETF

525,000

PGIM Jennison Small-Mid Cap Core Equity ETF

120,000

PGIM Jennison International Core Equity ETF

110,000

PGIM 60/40 Allocation Fund

Fund/
Class

Beneficial
Owner

Shares Held

% Held

Class R6

G40

10,550,196.609

99.99

PGIM Absolute Return Bond Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		2,259,202.976		10.23	%
Class A	G2		1,287,257.857		5.83	%
Class A	G16		1,659,079.766		7.51	%
Class A	G12		4,090,715.641		18.53	%
Class A	G13		4,313,198.612		19.53	%
Class A	G17		2,424,870.603		10.98	%
Class A	G20		1,504,060.807		6.81	%
Class A	G18		1,568,634.445		7.10	%
Class C	G44		374,511.922		6.13	%
Class C	G1		631,645.787		10.34	%
Class C	G2		457,014.606		7.48	%
Class C	G16		459,835.105		7.53	%
Class C	G13		2,255,900.429		36.94	%
Class C	G17		515,712.595		8.45	%
Class C	G18		1,065,428.931		17.45	%
Class R6	G44		2,050,315.067		8.35	%
Class R6	G146		4,733,686.788		19.29	%
Class R6	G2		1,549,072.00		6.31	%
Class R6	G12		13,813,283.343		56.28	%
Class Z	G1		67,211,609.737		17.78	%
Class Z	G2		41,573,755.123		11.00	%
Class Z	G16		50,454,405.928		13.35	%
Class Z	G13		39,540,051.425		10.46	%
Class Z	G17		28,673,598.124		7.58	%
Class Z	G11		30,638,520.667		8.10	%
Class Z	G6		22,609,630.092		5.98	%
Class Z	G18		56,330,666.859		14.90	%

PGIM Balanced Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		5,378,073.87		13.87	%
Class A	G12		6,711,996.207		17.31	%
Class A	G13		7,196,088.252		18.56	%
Class C	G1		563,839.437		29.38	%
Class C	G16		171,834.531		8.95	%
Class C	G13		300,289.39		15.65	%
Class R	G38		1,089.905		47.12	%
Class R	G17		280.171		12.11	%
Class R	G39		371.781		16.07	%
Class R	G18		464.824		20.09	%
Class R6	G36		410,595.707		5.98	%
Class R6	G37		1,793,616.812		26.13	%
Class R6	G12		4,056,057.731		59.10	%
Class Z	G40		1,437,608.792		21.25	%
Class Z	G1		726,622.312		10.74	%
Class Z	G2		680,383.439		10.06	%
Class Z	G16		881,146.25		13.02	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class Z	G13		447,926.909		6.62	%
Class Z	G20		482,144.881		7.13	%
Class Z	G18		559,859.626		8.27	%

PGIM California Muni Income Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,020,095.019		7.88	%
Class A	G2		813,475.12		6.29	%
Class A	G12		2,244,205.909		17.34	%
Class A	G13		5,735,860.569		44.32	%
Class C	G1		48,081.159		14.60	%
Class C	G13		243,740.766		74.03	%
Class R6	G12		4,064,336.586		92.61	%
Class Z	G1		6,057,389.229		23.09	%
Class Z	G2		3,672,706.711		14.00	%
Class Z	G13		4,900,269.862		18.68	%
Class Z	G39		1,845,138.472		7.03	%
Class Z	G11		2,223,011.058		8.47	%
Class Z	G6		5,235,124.823		19.96	%

PGIM Conservative Retirement Spending Fund

Fund/
Class

Beneficial
Owner

Shares Held

% Held

Class R6

G157

500,000.00

99.78

PGIM Core Bond Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G12		17,154,551.152		87.84	%
Class C	G1		28,567.159		5.30	%
Class C	G16		104,198.251		19.33	%
Class C	G12		31,925.774		5.92	%
Class C	G13		117,813.799		21.86	%
Class C	G17		174,688.86		32.41	%
Class R	G213		1,703.915		55.45	%
Class R	G4		1,368.754		44.55	%
Class R6	G2		7,319,452.827		5.65	%
Class R6	G12		88,702,210.709		68.46	%
Class Z	G196		8,381,646.601		5.91	%
Class Z	G214		52,605,636.349		37.12	%
Class Z	G1		8,581,030.854		6.06	%
Class Z	G2		23,552,991.603		16.62	%
Class Z	G16		15,964,534.879		11.27	%
Class Z	G17		12,133,106.037		8.56	%
Class Z	G11		7,210,280.843		5.09	%

PGIM Core Conservative Bond Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R6	G60		3,811,510.646		60.29	%
Class R6	G61		360,907.469		5.71	%
Class R6	G62		445,804.548		7.05	%
Class R6	G63		443,889.977		7.02	%
Class R6	G64		361,523.596		5.72	%

PGIM Core Government Money Market Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Fund	G24		335,513,095.09		5.43	%
Fund	G25		427,120,727.22		6.91	%
Fund	G26		505,154,381.92		8.18	%
Fund	G27		1,333,229,266.11		21.58	%
Fund	G28		371,470,121.00		6.01	%

PGIM Core Ultra Short Bond Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Fund	G50		1,595,135,481.35		10.12	%
Fund	G51		992,226,945.64		6.29	%
Fund	G52		1,787,854,923.49		11.34	%
Fund	G53		877,559,121.99		5.57	%
Fund	G54		1,023,434,164.69		6.49	%
Fund	G55		902,968,631.05		5.73	%
Fund	G56		907,228,433.22		5.75	%

PGIM Emerging Market Debt Hard Currency Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G194		2,988.956		6.76	%
Class A	G1		3,598.099		8.14	%
Class A	G20		15,809.724		35.76	%
Class A	G195		14,601.077		33.02	%
Class C	G1		5,683.53		77.84	%
Class C	G4		1,618.063		22.16	%
Class R6	G60		4,563,435.211		31.17	%
Class R6	G193		6,666,913.508		45.53	%
Class R6	G2		2,959,258.242		20.21	%
Class Z	G1		7,276,713.21		68.81	%
Class Z	G2		783,823.001		7.41	%
Class Z	G20		2,254,693.562		21.32	%

PGIM Emerging Market Debt Lcl Currency Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		182,244.366		46.59	%
Class A	G2		46,478.401		11.88	%
Class A	G195		21,084.064		5.39	%
Class C	G197		2,581.315		54.28	%
Class C	G198		630.846		13.26	%
Class C	G1		716.553		15.07	%
Class C	G12		614.784		12.93	%
Class R6	G196		1,096,525.88		99.18	%
Class Z	G1		1,278,251.813		18.13	%
Class Z	G13		1,186,015.63		16.82	%
Class Z	G11		4,407,337.019		62.51	%

PGIM Enhanced Retirement Spending Fund

Fund/
Class

Beneficial
Owner

Shares Held

% Held

Class R6

G157

500,000.00

95.25

PGIM Floating Rate Income Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		2,076,037.346		8.32	%
Class A	G2		1,579,359.24		6.33	%
Class A	G16		1,385,228.457		5.55	%
Class A	G12		1,943,251.352		7.79	%
Class A	G13		3,304,341.502		13.25	%
Class A	G17		5,255,741.857		21.07	%
Class A	G23		5,921,752.474		23.74	%
Class C	G44		323,663.918		7.91	%
Class C	G1		662,001.012		16.17	%
Class C	G2		270,743.705		6.61	%
Class C	G16		307,412.234		7.51	%
Class C	G13		881,103.259		21.52	%
Class C	G17		579,752.446		14.16	%
Class C	G6		328,963.111		8.04	%
Class C	G18		388,763.658		9.50	%
Class R6	G167		7,840,575.445		31.73	%
Class R6	G167		2,714,676.605		10.99	%
Class R6	G2		1,855,562.658		7.51	%
Class R6	G12		9,086,759.478		36.77	%
Class Z	G1		12,313,090.038		5.79	%
Class Z	G2		25,487,272.148		11.99	%
Class Z	G16		27,941,756.304		13.14	%
Class Z	G13		13,101,934.636		6.16	%
Class Z	G17		26,187,658.745		12.32	%
Class Z	G11		59,282,314.724		27.88	%
Class Z	G18		14,534,726.916		6.84	%

PGIM Global Real Estate Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		231,486.92		6.41	%
Class A	G2		246,387.76		6.83	%
Class A	G13		435,627.153		12.07	%
Class A	G17		345,546.328		9.57	%
Class A	G20		725,392.029		20.10	%
Class C	G1		9,448.528		10.62	%
Class C	G16		5,813.257		6.53	%
Class C	G13		16,674.023		18.74	%
Class C	G17		32,492.537		36.52	%
Class R	G8		28,980.872		8.44	%
Class R	G151		176,349.177		51.36	%
Class R	G30		32,593.304		9.49	%
Class R2	G7		79,547.277		48.80	%
Class R2	G148		58,613.057		35.96	%
Class R2	G75		10,800.84		6.63	%
Class R4	G75		19,950.338		40.28	%
Class R4	G20		28,849.36		58.24	%
Class R6	G161		1,943,530.518		9.03	%
Class R6	G2		4,666,089.836		21.67	%
Class R6	G15		2,197,728.057		10.21	%
Class R6	G162		1,725,859.873		8.02	%
Class R6	G163		3,355,543.98		15.59	%
Class Z	G2		6,349,246.692		31.18	%
Class Z	G17		3,180,033.466		15.61	%
Class Z	G11		1,932,373.119		9.49	%
Class Z	G6		2,280,385.489		11.20	%

PGIM Global Total Return Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G2		1,552,987.752		5.49	%
Class A	G12		14,537,952.929		51.41	%
Class A	G13		1,430,100.595		5.06	%
Class A	G14		1,766,380.526		6.25	%
Class C	G1		185,003.076		13.90	%
Class C	G2		84,189.406		6.32	%
Class C	G15		211,229.981		15.87	%
Class C	G16		112,960.699		8.49	%
Class C	G13		230,247.277		17.30	%
Class C	G17		182,526.892		13.71	%
Class C	G6		78,440.937		5.89	%
Class C	G18		114,150.351		8.58	%
Class R2	G7		80,331.587		12.88	%
Class R2	G9		112,806.294		18.08	%
Class R2	G21		42,886.151		6.87	%
Class R2	G22		95,189.216		15.26	%
Class R2	G11		33,284.66		5.34	%
Class R2	G23		145,374.683		23.30	%
Class R4	G8		339,564.868		15.66	%
Class R4	G19		153,455.804		7.08	%
Class R4	G20		1,127,959.033		52.02	%
Class R6	G2		27,849,236.419		10.09	%
Class R6	G12		131,583,128.033		47.68	%
Class Z	G1		10,050,964.437		5.58	%
Class Z	G2		16,967,417.185		9.42	%
Class Z	G16		10,118,386.912		5.62	%
Class Z	G17		10,795,482.742		5.99	%
Class Z	G11		77,414,484.904		42.97	%

PGIM Global Total Return USD Hedged Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		10,522.693		22.83	%
Class A	G2		26,194.144		56.83	%
Class C	G1		346.715		5.46	%
Class C	G2		1,068.831		16.83	%
Class C	G3		3,472.788		54.68	%
Class C	G4		1,338.526		21.08	%
Class R6	G7		284,706.979		19.36	%
Class R6	G8		182,268.709		12.39	%
Class R6	G9		100,261.523		6.82	%
Class R6	G2		150,968.901		10.26	%
Class R6	G10		105,589.741		7.18	%
Class R6	G11		309,340.219		21.03	%
Class Z	G2		791,466.567		38.57	%
Class Z	G5		729,485.574		35.55	%
Class Z	G6		343,290.525		16.73	%

PGIM Government Income Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G12		2,332,340.866		17.10	%
Class A	G13		2,356,204.758		17.28	%
Class A	G6		1,627,796.737		11.94	%
Class C	G1		24,591.76		11.56	%
Class C	G16		14,979.271		7.04	%
Class C	G13		23,542.94		11.07	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class C	G18		104,043.45		48.90	%
Class R	G8		39,684.227		6.66	%
Class R	G30		552,322.516		92.63	%
Class R6	G168		1,163,252.942		20.43	%
Class R6	G12		4,084,571.797		71.73	%
Class Z	G1		8,454,360.252		58.11	%
Class Z	G2		1,105,897.303		7.60	%
Class Z	G11		730,237.392		5.02	%
Class Z	G20		1,778,695.247		12.23	%
Class Z	G18		753,768.921		5.18	%

PGIM Government Money Market Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		12,092,215.52		11.58	%
Class A	G12		10,601,493.18		10.15	%
Class A	G13		11,877,242.59		11.37	%
Class C	G29		271,204.24		5.60	%
Class C	G1		795,990.16		16.43	%
Class C	G16		390,229.57		8.06	%
Class C	G13		310,317.77		6.41	%
Class C	G17		635,347.90		13.12	%
Class C	G6		283,181.27		5.85	%
Class Z	G32		5,517,207.86		12.82	%
Class Z	G33		2,685,050.88		6.24	%
Class Z	G2		2,463,141.54		5.72	%
Class Z	G34		3,001,427.72		6.97	%
Class Z	G35		3,512,339.15		8.16	%
Class Z	G6		6,925,322.47		16.09	%
Fund	G30		10,198,978.91		6.25	%
Fund	G15		20,879,751.50		12.79	%
Fund	G12		17,664,638.92		10.82	%
Fund	G17		47,756,836.03		29.24	%
Fund	G31		9,491,229.01		5.81	%

PGIM High Yield Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		40,832,774.697		14.07	%
Class A	G2		15,787,096.46		5.44	%
Class A	G12		59,644,024.483		20.55	%
Class A	G13		26,909,206.776		9.27	%
Class C	G44		4,420,190.965		13.27	%
Class C	G1		7,659,227.391		22.99	%
Class C	G16		3,433,502.47		10.30	%
Class C	G13		6,908,920.856		20.74	%
Class C	G17		2,364,245.28		7.10	%
Class C	G6		3,755,989.405		11.27	%
Class C	G18		1,831,317.507		5.50	%
Class R	G8		1,858,856.375		11.37	%
Class R	G9		1,049,524.787		6.42	%
Class R	G30		1,121,149.459		6.86	%
Class R	G23		11,108,658.705		67.95	%
Class R2	G7		308,015.533		7.00	%
Class R2	G8		1,266,467.941		28.78	%
Class R2	G9		1,080,497.376		24.55	%
Class R2	G170		305,950.106		6.95	%
Class R4	G8		1,364,474.338		19.94	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R4	G97		1,194,608.771		17.45	%
Class R4	G20		1,677,636.758		24.51	%
Class R6	G2		246,583,713.731		10.53	%
Class R6	G15		374,806,159.502		16.01	%
Class R6	G12		785,724,110.162		33.56	%
Class R6	G169		120,557,940.636		5.15	%
Class Z	G1		121,387,913.38		5.68	%
Class Z	G2		193,260,819.87		9.05	%
Class Z	G16		259,906,908.465		12.17	%
Class Z	G13		111,952,403.694		5.24	%
Class Z	G17		119,020,963.367		5.57	%
Class Z	G11		500,438,549.268		23.42	%
Class Z	G6		230,124,301.152		10.77	%
Class Z	G18		264,948,213.266		12.40	%

PGIM Income Builder Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,793,703.393		13.81	%
Class A	G2		801,585.454		6.17	%
Class A	G12		1,687,055.518		12.99	%
Class A	G13		2,133,160.79		16.42	%
Class C	G44		270,218.331		17.48	%
Class C	G1		179,700.492		11.63	%
Class C	G2		82,282.682		5.32	%
Class C	G16		146,243.173		9.46	%
Class C	G13		224,314.095		14.51	%
Class C	G6		100,245.014		6.49	%
Class C	G18		302,413.782		19.57	%
Class R	G2		78,643.034		97.27	%
Class R6	G12		604,153.607		96.90	%
Class Z	G1		1,679,029.292		21.79	%
Class Z	G2		535,810.627		6.95	%
Class Z	G16		643,010.81		8.34	%
Class Z	G13		633,643.856		8.22	%
Class Z	G17		675,820.471		8.77	%
Class Z	G6		901,995.961		11.71	%
Class Z	G18		1,525,648.466		19.80	%

PGIM Institutional Money Market Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Fund	G57		1,031,593,171.684		10.04	%
Fund	G26		745,177,987.035		7.25	%
Fund	G58		1,745,752,603.431		16.99	%
Fund	G59		549,555,930.317		5.35	%

PGIM Jennison Blend Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		2,344,284.323		6.02	%
Class A	G13		8,387,335.905		21.53	%
Class C	G1		243,653.817		59.64	%
Class C	G13		63,894.057		15.64	%
Class R6	G2		8,212.062		14.19	%
Class R6	G12		44,106.477		76.24	%
Class Z	G1		221,888.428		12.07	%
Class Z	G2		114,918.811		6.25	%
Class Z	G16		98,107.738		5.34	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class Z	G13		247,330.566		13.45	%
Class Z	G17		157,621.909		8.57	%
Class Z	G11		105,966.522		5.76	%
Class Z	G18		144,082.959		7.84	%

PGIM Jennison Diversified Growth Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,250,352.868		7.96	%
Class A	G2		836,224.411		5.32	%
Class A	G13		1,211,204.816		7.71	%
Class A	G6		866,881.797		5.52	%
Class C	G1		69,550.012		16.37	%
Class C	G16		28,155.797		6.63	%
Class C	G13		119,394.848		28.11	%
Class R6	G12		138,090.19		89.49	%
Class Z	G44		415,670.452		12.16	%
Class Z	G1		2,441,533.248		71.41	%

PGIM Jennison Emerging Market Equity Opportunities Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		153,982.481		9.92	%
Class A	G2		113,614.489		7.32	%
Class A	G12		893,811.291		57.59	%
Class C	G44		18,413.49		9.28	%
Class C	G1		15,961.847		8.04	%
Class C	G2		10,620.631		5.35	%
Class C	G16		14,302.608		7.21	%
Class C	G17		86,296.281		43.48	%
Class C	G6		12,436.737		6.27	%
Class C	G18		24,512.637		12.35	%
Class R6	G12		10,762,528.463		49.47	%
Class R6	G162		2,414,635.149		11.10	%
Class R6	G163		4,835,163.921		22.23	%
Class Z	G1		2,219,616.791		15.77	%
Class Z	G2		1,199,330.986		8.52	%
Class Z	G16		981,576.645		6.97	%
Class Z	G13		894,601.159		6.36	%
Class Z	G17		4,341,752.821		30.84	%
Class Z	G11		1,387,020.062		9.85	%
Class Z	G6		1,365,552.445		9.70	%
Class Z	G18		800,747.37		5.69	%

PGIM Jennison Energy Infrastructure Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		762,077.404		9.78	%
Class A	G2		613,342.286		7.87	%
Class A	G16		486,427.746		6.24	%
Class A	G13		495,124.527		6.35	%
Class A	G17		2,336,515.795		29.98	%
Class A	G6		1,003,937.199		12.88	%
Class A	G18		439,286.179		5.64	%
Class C	G1		326,193.123		9.90	%
Class C	G16		533,072.50		16.18	%
Class C	G13		1,001,966.298		30.41	%
Class C	G17		732,520.868		22.23	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class C	G18		248,928.913		7.55	%
Class R6	G60		3,716,526.818		49.40	%
Class R6	G2		2,850,634.442		37.89	%
Class Z	G1		8,608,731.419		14.86	%
Class Z	G16		9,413,273.53		16.25	%
Class Z	G13		4,900,118.776		8.46	%
Class Z	G17		16,633,841.80		28.72	%
Class Z	G6		5,053,898.463		8.73	%
Class Z	G18		3,679,039.512		6.35	%

PGIM Jennison Financial Services Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		708,919.792		17.05	%
Class A	G2		290,135.21		6.98	%
Class A	G13		1,099,151.122		26.43	%
Class A	G17		254,678.39		6.12	%
Class C	G44		71,123.258		35.27	%
Class C	G1		26,316.433		13.05	%
Class C	G13		76,323.521		37.85	%
Class C	G18		13,392.779		6.64	%
Class R	G151		113,729.97		36.44	%
Class R	G30		64,025.872		20.51	%
Class R	G23		121,222.388		38.84	%
Class R6	G183		35,183.542		65.33	%
Class R6	G78		4,492.765		8.34	%
Class R6	G149		4,171.257		7.75	%
Class R6	G1		3,065.967		5.69	%
Class Z	G44		77,375.94		5.48	%
Class Z	G1		359,887.834		25.48	%
Class Z	G2		206,342.943		14.61	%
Class Z	G13		260,212.405		18.42	%
Class Z	G6		73,369.161		5.19	%
Class Z	G18		78,017.78		5.52	%

PGIM Jennison Focused Growth Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		3,834,521.341		10.68	%
Class A	G2		1,963,257.142		5.47	%
Class A	G13		7,069,900.481		19.69	%
Class C	G1		214,186.038		12.36	%
Class C	G16		141,933.008		8.19	%
Class C	G13		249,728.678		14.41	%
Class C	G17		280,265.476		16.17	%
Class C	G20		94,827.687		5.47	%
Class C	G6		179,247.432		10.34	%
Class R6	G74		187,633.556		6.08	%
Class R6	G75		340,838.482		11.04	%
Class R6	G2		233,083.209		7.55	%
Class R6	G12		1,827,739.23		59.18	%
Class Z	G1		1,005,315.751		8.80	%
Class Z	G2		820,247.484		7.18	%
Class Z	G16		1,341,729.867		11.75	%
Class Z	G13		1,291,163.899		11.30	%
Class Z	G17		929,816.796		8.14	%
Class Z	G39		1,865,369.771		16.33	%
Class Z	G20		918,443.488		8.04	%
Class Z	G6		671,917.311		5.88	%

PGIM Jennison Focused Value Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,296,520.743		15.70	%
Class A	G12		493,514.581		5.98	%
Class A	G13		1,845,435.647		22.35	%
Class A	G6		963,250.206		11.66	%
Class C	G44		15,230.276		7.34	%
Class C	G1		37,508.225		18.08	%
Class C	G2		11,214.092		5.40	%
Class C	G16		12,042.706		5.80	%
Class C	G13		73,006.314		35.18	%
Class C	G6		19,008.105		9.16	%
Class C	G18		15,134.064		7.29	%
Class R	G41		2,931.975		17.74	%
Class R	G42		5,218.538		31.58	%
Class R	G43		7,115.204		43.05	%
Class R6	G2		82,034.395		8.22	%
Class R6	G12		837,234.922		83.88	%
Class Z	G1		758,575.921		19.45	%
Class Z	G2		366,550.655		9.40	%
Class Z	G13		735,670.485		18.86	%
Class Z	G39		1,199,650.658		30.75	%
Class Z	G11		317,366.564		8.14	%

PGIM Jennison Global Equity Income Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		3,624,714.533		10.37	%
Class A	G2		1,996,465.878		5.71	%
Class A	G13		4,174,942.976		11.94	%
Class A	G17		2,660,776.806		7.61	%
Class A	G20		1,994,154.877		5.70	%
Class A	G6		2,300,283.121		6.58	%
Class A	G18		1,955,947.879		5.59	%
Class C	G1		73,261.755		10.70	%
Class C	G2		41,938.457		6.13	%
Class C	G13		57,589.663		8.41	%
Class C	G17		38,854.81		5.68	%
Class C	G6		51,733.34		7.56	%
Class C	G18		67,708.499		9.89	%
Class R	G151		181,873.922		17.91	%
Class R	G30		328,656.131		32.36	%
Class R	G23		380,475.139		37.46	%
Class R6	G44		68,313.345		6.71	%
Class R6	G2		71,207.732		6.99	%
Class R6	G12		774,087.868		76.01	%
Class Z	G1		904,591.367		8.56	%
Class Z	G2		1,376,380.578		13.03	%
Class Z	G13		1,163,273.342		11.01	%
Class Z	G17		795,793.576		7.53	%
Class Z	G39		1,187,896.391		11.25	%
Class Z	G20		1,473,163.953		13.95	%
Class Z	G6		1,053,415.485		9.97	%
Class Z	G18		955,839.813		9.05	%

PGIM Jennison Global Infrastructure Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		140,844.117		23.37	%
Class A	G2		66,752.678		11.08	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G16		55,925.691		9.28	%
Class A	G6		135,557.434		22.49	%
Class C	G44		6,375.769		5.17	%
Class C	G1		9,310.423		7.56	%
Class C	G16		73,505.007		59.66	%
Class C	G6		8,928.585		7.25	%
Class C	G18		6,411.296		5.20	%
Class R6	G72		72,963.737		28.56	%
Class R6	G190		33,859.291		13.25	%
Class R6	G191		27,361.821		10.71	%
Class R6	G192		34,175.855		13.38	%
Class R6	G2		50,551.35		19.79	%
Class R6	G10		27,182.889		10.64	%
Class Z	G1		476,676.231		25.57	%
Class Z	G2		330,845.509		17.75	%
Class Z	G16		715,152.135		38.36	%
Class Z	G6		170,684.499		9.15	%

PGIM Jennison Global Opportunity Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,317,256.845		9.28	%
Class A	G2		796,758.413		5.61	%
Class A	G16		1,387,828.291		9.78	%
Class A	G12		4,349,984.407		30.64	%
Class A	G13		1,298,816.929		9.15	%
Class A	G17		1,823,042.204		12.84	%
Class C	G1		437,393.402		10.15	%
Class C	G2		788,408.892		18.30	%
Class C	G16		744,371.929		17.28	%
Class C	G13		680,527.568		15.80	%
Class C	G17		474,278.322		11.01	%
Class C	G6		334,708.634		7.77	%
Class C	G18		338,643.367		7.86	%
Class R2	G200		2,799.317		20.26	%
Class R2	G201		839.806		6.08	%
Class R2	G202		914.419		6.62	%
Class R2	G203		1,123.756		8.13	%
Class R2	G49		5,334.442		38.60	%
Class R2	G204		883.005		6.39	%
Class R4	G8		2,664.202		36.85	%
Class R4	G199		2,918.994		40.38	%
Class R4	G4		712.523		9.86	%
Class R6	G12		35,906,735.754		90.13	%
Class Z	G1		5,055,730.805		11.55	%
Class Z	G2		4,894,291.984		11.18	%
Class Z	G16		6,394,357.533		14.61	%
Class Z	G13		2,896,011.098		6.62	%
Class Z	G17		9,284,729.012		21.22	%
Class Z	G39		2,805,551.42		6.41	%
Class Z	G11		2,732,561.477		6.24	%
Class Z	G6		3,151,349.927		7.20	%
Class Z	G18		2,598,190.613		5.94	%

PGIM Jennison Growth Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		3,219,187.802		10.40	%
Class A	G2		2,058,164.256		6.65	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G12		3,013,997.333		9.73	%
Class A	G13		5,992,340.505		19.35	%
Class A	G6		1,768,588.506		5.71	%
Class C	G1		404,414.68		16.56	%
Class C	G2		131,965.704		5.40	%
Class C	G16		164,439.99		6.73	%
Class C	G13		940,558.065		38.51	%
Class C	G17		242,519.598		9.93	%
Class C	G18		181,488.246		7.43	%
Class R	G30		4,566,631.701		91.55	%
Class R2	G9		15,261.144		17.05	%
Class R2	G46		5,317.589		5.94	%
Class R2	G47		61,435.152		68.63	%
Class R4	G7		25,694.286		10.33	%
Class R4	G45		158,089.558		63.56	%
Class R6	G48		1,673,300.874		6.65	%
Class R6	G49		2,523,837.109		10.03	%
Class R6	G2		8,006,914.017		31.82	%
Class R6	G12		2,611,215.651		10.38	%
Class R6	G11		3,215,867.281		12.78	%
Class Z	G1		4,954,503.412		9.61	%
Class Z	G2		10,059,381.041		19.52	%
Class Z	G16		9,421,942.938		18.28	%
Class Z	G13		3,079,414.772		5.97	%
Class Z	G17		6,514,086.969		12.64	%

PGIM Jennison Health Sciences Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,890,192.713		12.07	%
Class A	G2		884,487.58		5.65	%
Class A	G13		3,605,969.604		23.03	%
Class A	G17		865,398.965		5.53	%
Class C	G1		139,788.697		13.68	%
Class C	G2		61,156.662		5.99	%
Class C	G16		95,998.537		9.40	%
Class C	G13		280,658.675		27.47	%
Class C	G17		67,396.843		6.60	%
Class C	G18		115,728.907		11.33	%
Class R	G30		136,051.702		92.11	%
Class R6	G184		75,512.099		8.96	%
Class R6	G75		52,639.722		6.25	%
Class R6	G2		202,482.639		24.02	%
Class R6	G11		60,789.027		7.21	%
Class Z	G1		1,577,531.602		10.16	%
Class Z	G2		953,131.505		6.14	%
Class Z	G16		1,506,244.599		9.70	%
Class Z	G13		1,376,790.498		8.87	%
Class Z	G17		1,486,789.685		9.58	%
Class Z	G11		2,657,438.026		17.12	%
Class Z	G20		1,032,562.529		6.65	%
Class Z	G6		818,019.648		5.27	%
Class Z	G18		859,313.382		5.54	%

PGIM Jennison International Opp Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G9		269,778.779		6.37	%
Class A	G1		251,949.704		5.95	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G16		221,902.227		5.24	%
Class A	G12		2,251,639.935		53.13	%
Class A	G17		519,975.375		12.27	%
Class C	G44		65,921.216		11.15	%
Class C	G1		58,046.428		9.82	%
Class C	G16		94,650.189		16.01	%
Class C	G13		76,609.26		12.96	%
Class C	G17		154,978.599		26.21	%
Class C	G6		42,944.146		7.26	%
Class C	G18		36,233.484		6.13	%
Class R	G30		6,168,170.632		100.00	%
Class R2	G207		7,921.932		37.28	%
Class R2	G208		2,265.566		10.66	%
Class R2	G209		1,479.509		6.96	%
Class R2	G210		3,355.669		15.79	%
Class R2	G211		3,131.729		14.74	%
Class R4	G205		45,211.471		24.63	%
Class R4	G49		62,048.131		33.80	%
Class R4	G206		23,753.797		12.94	%
Class R4	G23		22,870.239		12.46	%
Class R6	G2		2,144,951.621		5.74	%
Class R6	G12		28,206,131.901		75.43	%
Class Z	G1		6,017,353.021		7.78	%
Class Z	G2		25,428,921.148		32.86	%
Class Z	G16		6,895,423.155		8.91	%
Class Z	G13		4,221,400.037		5.46	%
Class Z	G17		9,139,796.714		11.81	%
Class Z	G39		4,731,535.99		6.11	%
Class Z	G11		8,008,247.307		10.35	%
Class Z	G6		6,659,991.195		8.61	%

PGIM Jennison Mid-Cap Growth Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		3,106,834.601		8.24	%
Class A	G2		2,563,030.79		6.80	%
Class A	G12		2,862,572.517		7.59	%
Class A	G13		4,907,098.762		13.01	%
Class C	G1		21,024.195		6.95	%
Class C	G16		25,197.168		8.33	%
Class C	G13		56,381.541		18.63	%
Class C	G17		19,991.898		6.61	%
Class C	G6		47,225.386		15.61	%
Class R	G8		1,022,220.22		19.45	%
Class R	G9		273,002.602		5.19	%
Class R	G172		1,650,131.364		31.39	%
Class R	G30		1,178,317.757		22.42	%
Class R2	G175		16,293.532		17.87	%
Class R2	G176		29,188.627		32.01	%
Class R2	G177		10,256.971		11.25	%
Class R2	G75		17,375.824		19.05	%
Class R4	G174		126,110.598		41.48	%
Class R4	G97		34,243.666		11.26	%
Class R4	G75		82,488.953		27.13	%
Class R4	G20		27,802.52		9.15	%
Class R6	G9		2,121,683.017		7.01	%
Class R6	G178		3,115,850.508		10.30	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R6	G2		4,401,235.967		14.55	%
Class R6	G12		10,953,885.363		36.22	%
Class Z	G2		1,237,675.189		6.09	%
Class Z	G16		2,046,158.817		10.08	%
Class Z	G13		1,778,481.173		8.76	%
Class Z	G17		2,376,253.047		11.70	%
Class Z	G34		1,196,320.663		5.89	%
Class Z	G173		3,899,999.444		19.20	%

PGIM Jennison Natural Resource Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G8		256,082.214		6.08	%
Class A	G1		361,670.638		8.59	%
Class A	G2		529,392.922		12.57	%
Class A	G13		687,624.842		16.33	%
Class A	G17		334,408.738		7.94	%
Class A	G20		218,987.768		5.20	%
Class C	G1		21,349.532		7.05	%
Class C	G2		19,062.158		6.29	%
Class C	G16		20,982.779		6.92	%
Class C	G13		72,272.166		23.85	%
Class C	G17		28,444.796		9.39	%
Class C	G34		16,785.84		5.54	%
Class C	G6		16,711.42		5.51	%
Class R	G8		138,485.046		41.17	%
Class R	G188		18,067.391		5.37	%
Class R	G30		66,418.333		19.74	%
Class R6	G7		57,464.988		5.58	%
Class R6	G8		58,215.552		5.65	%
Class R6	G9		90,879.624		8.83	%
Class R6	G2		158,815.891		15.42	%
Class R6	G12		77,334.472		7.51	%
Class Z	G2		951,911.332		19.05	%
Class Z	G16		299,816.167		6.00	%
Class Z	G13		523,146.263		10.47	%
Class Z	G17		1,021,758.761		20.45	%
Class Z	G20		595,392.577		11.92	%
Class Z	G6		313,946.691		6.28	%

PGIM Jennison Rising Dividend Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		703,494.069		29.55	%
Class A	G12		739,143.382		31.05	%
Class A	G6		304,278.586		12.78	%
Class C	G1		848,876.863		85.95	%
Class R6	G1		17,297.644		48.95	%
Class R6	G2		9,270.80		26.24	%
Class R6	G12		2,816.879		7.97	%
Class Z	G1		168,369.46		8.19	%
Class Z	G2		1,602,480.919		77.94	%
Class Z	G6		216,996.12		10.55	%

PGIM Jennison Small Company Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,758,877.442		9.18	%
Class A	G12		1,737,849.296		9.07	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G13		3,191,123.698		16.66	%
Class A	G17		987,571.219		5.16	%
Class C	G44		30,991.93		12.71	%
Class C	G1		17,357.962		7.12	%
Class C	G16		12,715.17		5.22	%
Class C	G17		14,848.957		6.09	%
Class C	G20		24,270.219		9.96	%
Class C	G18		58,256.849		23.90	%
Class R	G30		4,597,615.425		89.95	%
Class R2	G8		23,572.238		6.34	%
Class R2	G9		52,044.385		14.01	%
Class R2	G36		25,296.914		6.81	%
Class R2	G180		62,428.612		16.80	%
Class R2	G181		76,734.206		20.65	%
Class R2	G47		60,148.843		16.19	%
Class R4	G7		23,037.107		6.38	%
Class R4	G22		41,028.811		11.36	%
Class R4	G75		31,302.367		8.67	%
Class R4	G20		222,620.423		61.66	%
Class R4	G179		27,663.907		7.66	%
Class R6	G182		7,289,026.786		9.48	%
Class R6	G2		43,132,288.614		56.07	%
Class R6	G12		5,556,297.314		7.22	%
Class Z	G1		3,379,400.265		18.10	%
Class Z	G2		3,628,054.94		19.44	%
Class Z	G13		2,744,412.092		14.70	%
Class Z	G17		1,241,127.373		6.65	%
Class Z	G20		1,066,628.099		5.71	%
Class Z	G18		934,653.103		5.01	%

PGIM Jennison Small-Cap Core Equity Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R6	G7		72,970.468		10.46	%
Class R6	G62		38,267.704		5.49	%
Class R6	G63		72,414.36		10.38	%
Class R6	G65		97,294.375		13.95	%
Class R6	G66		102,624.248		14.71	%
Class R6	G67		107,744.076		15.44	%
Class R6	G68		74,983.797		10.75	%
Class R6	G69		44,469.554		6.37	%
Class R6	G70		44,783.423		6.42	%

PGIM Jennison Technology Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		46,335.639		8.40	%
Class A	G11		53,192.492		9.64	%
Class A	G6		91,354.97		16.55	%
Class C	G166		4,085.861		8.69	%
Class C	G1		7,091.543		15.08	%
Class C	G6		12,942.899		27.53	%
Class R6	G164		861.959		6.71	%
Class R6	G165		3,465.529		26.99	%
Class R6	G2		1,437.423		11.19	%
Class R6	G23		2,876.334		22.40	%
Class R6	G6		2,121.229		16.52	%
Class R6	G4		1,261.919		9.83	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class Z	G2		471,800.821		63.11	%
Class Z	G11		88,817.961		11.88	%

PGIM Jennison Utility Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		11,655,196.095		6.85	%
Class A	G2		8,569,880.578		5.04	%
Class A	G13		25,779,044.935		15.15	%
Class C	G1		636,418.134		21.77	%
Class C	G2		149,768.195		5.12	%
Class C	G13		539,776.344		18.47	%
Class C	G17		559,376.027		19.14	%
Class C	G6		174,251.317		5.96	%
Class C	G18		154,424.108		5.28	%
Class R	G151		520,859.172		9.09	%
Class R	G30		413,298.30		7.21	%
Class R	G23		4,537,391.854		79.19	%
Class R6	G7		386,015.362		12.68	%
Class R6	G8		205,657.118		6.76	%
Class R6	G185		269,767.351		8.86	%
Class R6	G22		254,830.391		8.37	%
Class R6	G49		156,884.593		5.15	%
Class R6	G2		253,271.215		8.32	%
Class R6	G12		208,516.873		6.85	%
Class R6	G47		236,330.833		7.76	%
Class Z	G1		3,794,043.303		16.55	%
Class Z	G2		2,286,761.889		9.98	%
Class Z	G16		2,060,633.551		8.99	%
Class Z	G13		1,793,965.787		7.83	%
Class Z	G17		1,540,018.222		6.72	%
Class Z	G11		1,672,353.659		7.30	%
Class Z	G6		1,884,583.875		8.22	%

PGIM Jennison Value Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,751,947.307		9.38	%
Class A	G13		4,034,382.701		21.60	%
Class A	G6		1,753,562.13		9.39	%
Class C	G1		121,965.138		47.45	%
Class C	G2		17,280.513		6.72	%
Class C	G13		39,880.488		15.52	%
Class C	G6		16,026.584		6.24	%
Class R	G8		27,844.266		9.65	%
Class R	G30		245,418.277		85.07	%
Class R6	G9		248,615.751		21.83	%
Class R6	G49		279,282.477		24.52	%
Class R6	G12		263,838.409		23.16	%
Class Z	G1		6,535,784.493		81.38	%

PGIM Moderate Retirement Spending Fund

Fund/
Class

Beneficial
Owner

Shares Held

% Held

Class R6

G157

500,000.00

99.78

PGIM Muni High Income Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		2,569,125.852		7.34	%
Class A	G16		1,890,425.567		5.40	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G12		8,711,505.536		24.89	%
Class A	G13		8,039,589.587		22.97	%
Class A	G17		3,143,027.705		8.98	%
Class A	G20		1,908,692.031		5.45	%
Class C	G1		268,738.627		17.84	%
Class C	G16		166,953.675		11.08	%
Class C	G13		585,013.738		38.84	%
Class C	G17		121,978.794		8.10	%
Class C	G18		104,289.375		6.92	%
Class R6	G2		880,037.916		8.41	%
Class R6	G12		8,589,459.469		82.06	%
Class Z	G2		7,510,109.399		12.15	%
Class Z	G16		5,149,829.948		8.33	%
Class Z	G13		5,894,457.399		9.54	%
Class Z	G17		4,892,072.239		7.92	%
Class Z	G39		17,921,993.154		29.01	%
Class Z	G11		3,146,424.332		5.09	%
Class Z	G20		6,495,405.802		10.51	%

PGIM National Muni Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G12		14,040,644.613		37.30	%
Class A	G13		4,817,318.613		12.80	%
Class C	G1		84,028.427		17.50	%
Class C	G16		39,286.614		8.18	%
Class C	G12		68,450.365		14.26	%
Class C	G13		104,334.544		21.73	%
Class C	G17		92,834.432		19.34	%
Class R6	G12		17,251,332.464		91.81	%
Class Z	G1		3,686,301.468		10.70	%
Class Z	G2		4,531,065.79		13.15	%
Class Z	G16		6,633,040.524		19.25	%
Class Z	G13		2,479,064.74		7.20	%
Class Z	G17		3,208,241.521		9.31	%
Class Z	G39		2,986,749.153		8.67	%
Class Z	G11		5,619,215.893		16.31	%
Class Z	G6		1,874,473.028		5.44	%

PGIM Quant Solution International Developed Market Index Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R6	G62		204,340.34		7.82	%
Class R6	G63		375,765.688		14.38	%
Class R6	G65		398,027.295		15.23	%
Class R6	G66		375,929.694		14.39	%
Class R6	G67		374,664.556		14.34	%
Class R6	G68		251,175.467		9.61	%
Class R6	G69		153,573.239		5.88	%
Class R6	G70		157,619.769		6.03	%

PGIM Quant Solutions Commodity Strategy Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R6	G7		163,761.322		7.00	%
Class R6	G72		818,838.339		34.99	%
Class R6	G61		149,148.596		6.37	%
Class R6	G62		177,035.426		7.56	%
Class R6	G63		203,288.573		8.69	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R6	G65		162,055.258		6.92	%
Class R6	G66		123,873.668		5.29	%
Class R6	G64		124,361.12		5.31	%
Class Z	G71		7,493.536		14.33	%
Class Z	G1		24,044.612		45.99	%
Class Z	G17		5,012.044		9.59	%

PGIM Quant Solutions Emerging Market Equity Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R6	G73		915,329.864		61.79	%
Class R6	G66		102,125.888		6.89	%
Class R6	G67		124,343.788		8.39	%
Class R6	G68		100,403.311		6.78	%

PGIM Quant Solutions International Equity Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,215,882.241		7.11	%
Class A	G13		3,088,055.398		18.06	%
Class A	G6		930,051.011		5.44	%
Class C	G44		11,232.94		7.25	%
Class C	G76		8,215.834		5.30	%
Class C	G1		58,736.946		37.92	%
Class C	G13		15,143.484		9.78	%
Class R6	G60		3,105,374.342		29.71	%
Class R6	G212		4,133,061.39		39.54	%
Class R6	G2		531,671.302		5.09	%
Class R6	G12		2,259,488.171		21.61	%
Class Z	G1		9,186,826.436		75.56	%
Class Z	G16		894,719.968		7.36	%

PGIM Quant Solutions Large-Cap Core Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		3,338,340.701		14.76	%
Class A	G13		4,377,088.815		19.35	%
Class C	G1		138,082.499		23.63	%
Class C	G2		29,639.966		5.07	%
Class C	G16		54,331.597		9.30	%
Class C	G13		59,336.59		10.15	%
Class R6	G147		3,625,932.954		66.59	%
Class R6	G80		1,275,182.015		23.42	%
Class Z	G1		10,838,381.916		83.56	%
Class Z	G11		730,813.419		5.63	%

PGIM Quant Solutions Large-Cap Index Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G30		1,707,121.084		23.82	%
Class A	G1		823,211.444		11.49	%
Class A	G13		1,455,024.866		20.31	%
Class A	G6		418,752.718		5.84	%
Class C	G1		50,851.755		14.45	%
Class C	G2		25,330.845		7.20	%
Class C	G13		135,494.60		38.49	%
Class C	G6		22,116.993		6.28	%
Class C	G18		49,998.231		14.20	%
Class R6	G63		279,823.722		7.34	%
Class R6	G65		311,338.324		8.16	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R6	G66		283,005.149		7.42	%
Class R6	G67		264,823.029		6.94	%
Class R6	G49		1,124,008.586		29.47	%
Class R6	G49		192,073.833		5.04	%
Class R6	G145		289,739.711		7.60	%
Class Z	G49		283,765.307		8.70	%
Class Z	G49		360,068.778		11.04	%
Class Z	G49		659,344.518		20.22	%
Class Z	G1		341,518.931		10.48	%
Class Z	G2		237,703.09		7.29	%
Class Z	G13		330,106.117		10.13	%
Fund	G144		257,572.873		10.16	%
Fund	G30		652,420.208		25.73	%
Fund	G2		144,382.119		5.69	%
Fund	G13		1,084,652.50		42.77	%

PGIM Quant Solutions Large-Cap Value Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		482,244.539		16.22	%
Class A	G16		357,708.393		12.03	%
Class A	G12		214,592.703		7.22	%
Class A	G13		924,727.563		31.11	%
Class C	G44		6,983.958		5.09	%
Class C	G76		8,031.972		5.85	%
Class C	G1		26,825.176		19.53	%
Class C	G16		30,948.035		22.54	%
Class C	G13		7,235.063		5.27	%
Class C	G77		7,078.601		5.15	%
Class R	G30		11,117,757.786		100.00	%
Class R6	G78		18,233.344		13.35	%
Class R6	G1		20,526.185		15.03	%
Class R6	G2		22,847.899		16.73	%
Class R6	G12		63,467.654		46.46	%
Class Z	G13		2,567,363.788		71.60	%

PGIM Quant Solutions Mid-Cap Index Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R6	G62		61,827.124		5.03	%
Class R6	G63		120,300.071		9.78	%
Class R6	G65		162,490.273		13.21	%
Class R6	G66		177,381.199		14.42	%
Class R6	G67		207,556.226		16.87	%
Class R6	G68		152,665.227		12.41	%
Class R6	G69		95,627.724		7.77	%
Class R6	G70		97,503.297		7.93	%

PGIM Quant Solutions Mid-Cap Value Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		394,735.529		10.74	%
Class A	G2		196,977.308		5.36	%
Class A	G12		409,547.583		11.14	%
Class A	G13		510,597.941		13.89	%
Class C	G152		1,609.979		5.15	%
Class C	G1		4,587.18		14.68	%
Class C	G6		6,831.007		21.87	%
Class R	G151		1,578.118		40.89	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R	G153		1,038.29		26.91	%
Class R	G154		1,166.517		30.23	%
Class R2	G7		703.63		54.92	%
Class R2	G4		547.757		42.76	%
Class R4	G75		291.518		19.52	%
Class R4	G20		643.099		43.07	%
Class R4	G4		558.491		37.40	%
Class R6	G155		65,804.00		6.30	%
Class R6	G80		264,629.766		25.35	%
Class R6	G49		75,550.728		7.24	%
Class R6	G12		418,760.121		40.12	%
Class R6	G156		101,348.976		9.71	%
Class Z	G1		116,741.419		12.19	%
Class Z	G2		103,003.225		10.76	%
Class Z	G16		77,571.014		8.10	%
Class Z	G13		172,438.554		18.01	%
Class Z	G11		190,172.459		19.86	%
Class Z	G6		64,103.701		6.69	%

PGIM Quant Solutions Small-Cap Value Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		482,739.241		10.57	%
Class A	G12		466,599.781		10.22	%
Class A	G13		871,690.845		19.08	%
Class C	G152		2,025.347		6.30	%
Class C	G44		8,287.454		25.76	%
Class C	G1		5,536.395		17.21	%
Class C	G16		3,340.277		10.38	%
Class C	G6		1,632.576		5.07	%
Class R	G30		4,057,068.838		93.11	%
Class R2	G7		4,600.626		71.22	%
Class R2	G215		876.893		13.58	%
Class R2	G4		832.391		12.89	%
Class R4	G4		846.666		100.00	%
Class R6	G2		1,189,523.526		50.03	%
Class R6	G12		786,629.875		33.09	%
Class Z	G1		3,643,196.887		51.63	%
Class Z	G2		381,046.904		5.40	%
Class Z	G16		832,356.81		11.80	%
Class Z	G13		881,006.137		12.48	%
Class Z	G11		551,729.986		7.82	%

PGIM Real Assets Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		143,475.707		34.43	%
Class A	G2		80,099.158		19.22	%
Class C	G79		4,344.784		7.07	%
Class C	G1		10,595.246		17.25	%
Class C	G2		19,258.24		31.35	%
Class C	G13		20,667.146		33.65	%
Class R6	G7		302,383.678		34.89	%
Class R6	G49		286,476.885		33.06	%
Class R6	G49		139,706.642		16.12	%
Class R6	G2		130,667.021		15.08	%
Class Z	G49		197,611.539		16.82	%
Class Z	G40		359,132.398		30.57	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class Z	G1		120,948.566		10.30	%
Class Z	G2		101,738.646		8.66	%
Class Z	G11		99,317.827		8.45	%
Class Z	G6		180,591.254		15.37	%

PGIM Real Estate Income Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		28,251.436		19.63	%
Class A	G2		54,521.117		37.89	%
Class A	G6		29,045.857		20.19	%
Class C	G1		36,916.852		78.88	%
Class C	G2		5,349.567		11.43	%
Class C	G6		3,143.504		6.72	%
Class R6	G7		284,376.058		6.33	%
Class R6	G60		4,129,499.706		91.93	%
Class Z	G1		2,603,771.295		88.05	%
Class Z	G2		235,067.181		7.95	%

PGIM Securitized Credit Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,244,144.604		9.69	%
Class A	G16		2,627,648.571		20.47	%
Class A	G12		4,597,223.079		35.81	%
Class A	G13		1,672,325.492		13.03	%
Class C	G1		565,287.952		14.57	%
Class C	G16		1,460,797.161		37.64	%
Class C	G13		1,309,478.992		33.74	%
Class R6	G12		21,344,932.992		98.11	%
Class Z	G1		70,031,988.826		18.66	%
Class Z	G2		47,220,039.232		12.58	%
Class Z	G16		91,999,673.158		24.51	%
Class Z	G13		25,070,726.297		6.68	%
Class Z	G17		19,874,648.976		5.29	%
Class Z	G11		61,608,002.097		16.41	%
Class Z	G6		26,012,968.783		6.93	%

PGIM Select Real Estate Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G150		10,167.662		5.50	%
Class A	G1		27,846.677		15.06	%
Class A	G2		32,762.223		17.72	%
Class A	G16		44,769.89		24.21	%
Class A	G6		15,932.199		8.61	%
Class C	G1		47,380.711		28.99	%
Class C	G2		72,666.592		44.46	%
Class C	G15		10,188.523		6.23	%
Class C	G16		11,958.428		7.32	%
Class C	G6		12,871.323		7.88	%
Class R6	G7		119,893.093		11.77	%
Class R6	G148		66,559.854		6.54	%
Class R6	G72		482,343.599		47.36	%
Class R6	G9		60,943.037		5.98	%
Class R6	G149		82,932.457		8.14	%
Class R6	G2		56,190.108		5.52	%
Class Z	G44		1,494,395.375		9.33	%
Class Z	G1		1,254,740.90		7.84	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class Z	G2		6,157,683.253		38.45	%
Class Z	G11		4,230,571.374		26.42	%
Class Z	G6		884,293.496		5.52	%

PGIM Short Duration High Yield Inc Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		5,175,574.446		10.87	%
Class A	G2		2,706,627.698		5.68	%
Class A	G16		3,947,146.059		8.29	%
Class A	G12		9,207,183.121		19.33	%
Class A	G13		6,270,422.674		13.17	%
Class A	G17		7,662,583.713		16.09	%
Class A	G20		2,898,107.086		6.09	%
Class C	G44		964,199.041		6.76	%
Class C	G1		2,272,111.251		15.93	%
Class C	G2		717,035.071		5.03	%
Class C	G16		2,063,650.51		14.47	%
Class C	G13		4,235,943.994		29.69	%
Class C	G17		1,172,368.858		8.22	%
Class C	G6		760,894.093		5.33	%
Class C	G18		1,253,769.721		8.79	%
Class R6	G44		8,606,865.475		14.01	%
Class R6	G2		3,260,297.009		5.31	%
Class R6	G15		5,767,367.199		9.39	%
Class R6	G12		33,654,196.525		54.80	%
Class Z	G1		65,073,863.669		12.84	%
Class Z	G2		73,393,673.037		14.48	%
Class Z	G16		76,778,371.33		15.15	%
Class Z	G13		40,843,277.039		8.06	%
Class Z	G17		65,807,866.837		12.98	%
Class Z	G39		36,077,185.321		7.12	%
Class Z	G11		51,026,658.88		10.07	%
Class Z	G20		36,755,983.90		7.25	%

PGIM Short Duration Multi-Sector Bond Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G12		66,534,885.242		68.21	%
Class A	G13		7,330,287.594		7.51	%
Class A	G17		5,226,481.154		5.36	%
Class C	G1		929,783.859		15.78	%
Class C	G16		1,059,621.319		17.99	%
Class C	G13		1,688,907.991		28.67	%
Class C	G17		605,584.869		10.28	%
Class C	G20		362,099.62		6.15	%
Class C	G18		349,504.915		5.93	%
Class R6	G12		328,251,557.144		88.75	%
Class Z	G1		61,488,043.008		12.94	%
Class Z	G2		69,187,766.911		14.56	%
Class Z	G16		93,442,098.724		19.66	%
Class Z	G13		28,734,302.095		6.05	%
Class Z	G17		49,999,483.074		10.52	%
Class Z	G11		53,496,969.679		11.26	%
Class Z	G20		26,738,624.237		5.63	%
Class Z	G6		24,512,164.897		5.16	%
Class Z	G18		26,045,829.911		5.48	%

PGIM Short Duration Muni Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G16		810,436.398		7.65	%
Class A	G12		6,416,457.959		60.59	%
Class A	G17		875,687.316		8.27	%
Class A	G20		908,526.023		8.58	%
Class C	G44		12,521.75		6.69	%
Class C	G1		43,642.09		23.31	%
Class C	G2		17,197.126		9.19	%
Class C	G16		38,823.071		20.74	%
Class C	G12		19,555.104		10.44	%
Class C	G20		15,214.662		8.13	%
Class C	G6		18,746.368		10.01	%
Class C	G18		13,048.449		6.97	%
Class R6	G44		615,774.877		15.37	%
Class R6	G12		3,370,224.053		84.11	%
Class Z	G158		1,763,253.298		8.70	%
Class Z	G1		2,529,461.923		12.48	%
Class Z	G2		1,991,835.425		9.82	%
Class Z	G16		3,147,049.58		15.52	%
Class Z	G17		2,209,669.299		10.90	%
Class Z	G11		2,071,457.512		10.22	%
Class Z	G20		3,661,026.113		18.06	%
Class Z	G6		1,434,626.127		7.08	%

PGIM Short-Term Corporate Bond Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		5,028,854.577		5.60	%
Class A	G12		28,059,305.881		31.27	%
Class A	G13		10,470,734.111		11.67	%
Class A	G17		10,266,304.828		11.44	%
Class A	G20		10,590,125.186		11.80	%
Class C	G1		742,129.534		10.61	%
Class C	G2		362,203.445		5.18	%
Class C	G16		648,424.915		9.27	%
Class C	G13		2,138,096.943		30.56	%
Class C	G17		1,078,024.256		15.41	%
Class C	G20		486,926.679		6.96	%
Class C	G18		497,489.797		7.11	%
Class R	G8		396,729.595		5.78	%
Class R	G23		5,911,840.277		86.20	%
Class R2	G186		7,353.571		5.84	%
Class R2	G187		20,883.693		16.57	%
Class R2	G188		36,621.301		29.06	%
Class R2	G18		45,649.768		36.23	%
Class R4	G8		62,366.188		55.66	%
Class R4	G189		22,880.35		20.42	%
Class R4	G182		11,971.635		10.68	%
Class R4	G20		6,743.058		6.02	%
Class R6	G2		12,201,378.41		7.32	%
Class R6	G12		124,940,884.501		74.95	%
Class Z	G1		52,557,540.842		10.98	%
Class Z	G2		71,762,924.378		14.99	%
Class Z	G16		42,493,162.196		8.88	%
Class Z	G13		29,955,605.151		6.26	%
Class Z	G17		64,301,481.751		13.43	%
Class Z	G11		37,527,812.051		7.84	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class Z	G20		62,130,151.941		12.98	%
Class Z	G6		50,217,104.993		10.49	%

PGIM Strategic Bond Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G1		1,231,134.006		11.91	%
Class A	G16		1,382,875.802		13.38	%
Class A	G12		4,817,744.097		46.61	%
Class A	G13		658,286.199		6.37	%
Class A	G17		550,217.521		5.32	%
Class A	G18		534,789.531		5.17	%
Class C	G1		962,975.446		21.32	%
Class C	G2		730,453.021		16.17	%
Class C	G16		1,079,651.822		23.90	%
Class C	G13		493,492.694		10.93	%
Class C	G18		668,820.573		14.81	%
Class R6	G2		756,015.263		5.39	%
Class R6	G12		12,360,357.677		88.05	%
Class Z	G1		28,247,569.556		22.45	%
Class Z	G2		7,647,693.422		6.08	%
Class Z	G16		39,672,806.928		31.53	%
Class Z	G11		11,386,211.771		9.05	%
Class Z	G6		11,210,948.339		8.91	%
Class Z	G18		18,527,987.988		14.73	%

PGIM Target Date 2020 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G8		870.206		35.80	%
Class R1	G4		1,560.557		64.20	%
Class R2	G83		6,941.561		96.59	%
Class R3	G82		63,043.369		99.25	%
Class R4	G81		2,632.662		61.77	%
Class R4	G4		1,629.411		38.23	%
Class R5	G4		1,644.402		97.19	%
Class R6	G80		2,286,085.598		90.30	%

PGIM Target Date 2025 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G8		4,046.648		71.93	%
Class R1	G4		1,578.98		28.07	%
Class R2	G8		43,805.447		79.01	%
Class R3	G82		51,594.215		98.27	%
Class R4	G4		1,649.636		100.00	%
Class R5	G84		1,103.207		39.88	%
Class R5	G4		1,663.365		60.12	%
Class R6	G80		2,654,038.567		78.30	%
Class R6	G75		207,514.536		6.12	%

PGIM Target Date 2030 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G8		23,629.091		93.70	%
Class R1	G4		1,587.582		6.30	%
Class R2	G87		63,839.441		67.86	%
Class R2	G88		9,934.286		10.56	%
Class R2	G89		6,505.101		6.92	%
Class R3	G82		109,876.388		91.56	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R3	G22		9,847.611		8.21	%
Class R4	G8		657.875		28.38	%
Class R4	G4		1,660.039		71.62	%
Class R5	G85		53,582.652		82.42	%
Class R5	G86		4,687.612		7.21	%
Class R6	G80		3,199,721.127		80.11	%

PGIM Target Date 2035 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G8		41,905.657		96.23	%
Class R2	G8		1,523.158		6.91	%
Class R2	G92		2,966.444		13.46	%
Class R2	G93		1,576.894		7.16	%
Class R2	G94		3,196.865		14.51	%
Class R2	G95		2,349.133		10.66	%
Class R2	G96		1,395.393		6.33	%
Class R2	G97		1,473.184		6.68	%
Class R3	G82		41,137.954		73.60	%
Class R3	G22		14,361.36		25.69	%
Class R4	G8		641.399		27.23	%
Class R4	G4		1,714.194		72.77	%
Class R5	G90		1,365.094		7.75	%
Class R5	G91		14,385.573		81.72	%
Class R5	G4		1,728.088		9.82	%
Class R6	G80		2,208,589.156		61.66	%
Class R6	G49		186,015.027		5.19	%
Class R6	G23		287,196.793		8.02	%

PGIM Target Date 2040 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G8		64,305.056		96.80	%
Class R2	G102		40,209.003		55.03	%
Class R2	G103		6,835.312		9.35	%
Class R2	G104		11,886.184		16.27	%
Class R3	G82		77,449.686		81.35	%
Class R3	G22		17,677.089		18.57	%
Class R4	G8		5,211.42		75.17	%
Class R4	G4		1,721.676		24.83	%
Class R5	G98		2,085.612		24.77	%
Class R5	G99		2,644.619		31.40	%
Class R5	G100		433.321		5.15	%
Class R5	G101		2,605.924		30.94	%
Class R6	G80		1,469,627.616		59.23	%
Class R6	G49		180,403.806		7.27	%
Class R6	G7		183,214.788		7.38	%
Class R6	G75		150,707.392		6.07	%
Class R6	G23		174,583.081		7.04	%

PGIM Target Date 2045 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G8		15,608.01		90.10	%
Class R1	G4		1,714.21		9.90	%
Class R2	G102		54,356.866		52.16	%
Class R2	G110		7,512.452		7.21	%
Class R2	G111		8,373.511		8.03	%
Class R3	G82		19,360.074		77.17	%
Class R3	G22		5,652.635		22.53	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R4	G7		2,981.573		62.45	%
Class R4	G4		1,792.957		37.55	%
Class R5	G105		3,500.614		31.05	%
Class R5	G98		2,141.332		18.99	%
Class R5	G106		1,036.177		9.19	%
Class R5	G107		905.015		8.03	%
Class R5	G108		1,770.806		15.70	%
Class R5	G109		1,511.903		13.41	%
Class R6	G7		172,782.095		7.84	%
Class R6	G80		764,600.269		34.69	%
Class R6	G49		126,029.06		5.72	%
Class R6	G7		150,938.896		6.85	%
Class R6	G75		113,645.426		5.16	%
Class R6	G10		454,476.918		20.62	%
Class R6	G23		251,351.889		11.40	%

PGIM Target Date 2050 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G8		21,775.761		92.73	%
Class R1	G4		1,708.094		7.27	%
Class R2	G8		5,599.23		11.76	%
Class R2	G112		2,656.94		5.58	%
Class R2	G113		3,834.393		8.05	%
Class R2	G104		2,584.401		5.43	%
Class R2	G114		2,624.015		5.51	%
Class R2	G115		2,458.278		5.16	%
Class R2	G116		15,901.885		33.40	%
Class R3	G82		77,781.147		97.41	%
Class R4	G8		473.578		20.99	%
Class R4	G4		1,782.253		79.01	%
Class R5	G106		929.966		11.75	%
Class R5	G107		5,187.99		65.56	%
Class R5	G4		1,795.467		22.69	%
Class R6	G7		140,216.391		11.22	%
Class R6	G80		326,056.298		26.09	%
Class R6	G49		153,248.876		12.26	%
Class R6	G7		96,689.532		7.74	%
Class R6	G75		127,588.715		10.21	%
Class R6	G23		233,128.006		18.66	%

PGIM Target Date 2055 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G8		14,486.963		88.34	%
Class R1	G4		1,911.265		11.66	%
Class R2	G122		2,400.829		7.21	%
Class R2	G123		2,046.77		6.15	%
Class R2	G124		2,760.155		8.29	%
Class R2	G125		4,020.406		12.08	%
Class R2	G97		2,454.749		7.38	%
Class R2	G126		1,731.102		5.20	%
Class R2	G127		3,172.849		9.53	%
Class R3	G82		12,793.376		36.93	%
Class R3	G22		20,712.996		59.79	%
Class R4	G8		3,139.412		61.29	%
Class R4	G4		1,982.447		38.71	%
Class R5	G119		894.794		7.56	%
Class R5	G120		1,206.902		10.19	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R5	G121		7,296.666		61.62	%
Class R5	G4		1,995.115		16.85	%
Class R6	G7		85,318.328		11.33	%
Class R6	G117		41,321.83		5.49	%
Class R6	G80		96,364.25		12.80	%
Class R6	G49		44,594.345		5.92	%
Class R6	G118		47,251.803		6.28	%
Class R6	G7		73,504.323		9.76	%
Class R6	G75		82,132.327		10.91	%
Class R6	G23		191,645.374		25.45	%

PGIM Target Date 2060 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G8		15,921.868		91.33	%
Class R1	G4		1,511.851		8.67	%
Class R2	G130		2,899.171		9.59	%
Class R2	G131		1,572.118		5.20	%
Class R2	G132		1,803.092		5.96	%
Class R2	G97		2,000.00		6.62	%
Class R2	G133		4,255.926		14.08	%
Class R3	G82		21,633.013		78.28	%
Class R3	G22		5,835.215		21.11	%
Class R4	G8		1,218.266		43.61	%
Class R4	G4		1,575.258		56.39	%
Class R5	G128		1,921.862		34.52	%
Class R5	G129		2,057.76		36.96	%
Class R5	G4		1,587.953		28.52	%
Class R6	G7		80,210.104		13.94	%
Class R6	G80		74,447.689		12.94	%
Class R6	G7		29,783.931		5.18	%
Class R6	G75		42,804.381		7.44	%
Class R6	G10		101,779.502		17.69	%
Class R6	G23		128,569.59		22.34	%

PGIM Target Date 2065 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G4		1,264.718		100.00	%
Class R2	G136		7,072.488		24.31	%
Class R2	G137		9,347.155		32.12	%
Class R2	G138		2,003.169		6.88	%
Class R3	G135		2,734.423		62.42	%
Class R3	G4		1,291.902		29.49	%
Class R4	G4		1,302.133		100.00	%
Class R5	G134		1,753.277		57.25	%
Class R5	G4		1,309.15		42.75	%
Class R6	G80		54,234.186		40.60	%
Class R6	G49		9,024.726		6.76	%
Class R6	G7		8,350.049		6.25	%
Class R6	G2		11,676.715		8.74	%
Class R6	G23		42,403.90		31.74	%

PGIM Target Date 2070 Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G4		1,032.395		100.00	%
Class R2	G140		439.686		26.06	%
Class R2	G141		212.978		12.62	%
Class R2	G4		1,034.745		61.32	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R3	G139		123.20		10.63	%
Class R3	G4		1,036.198		89.37	%
Class R4	G4		1,037.143		100.00	%
Class R5	G4		1,038.143		100.00	%
Class R6	G75		984.989		36.22	%
Class R6	G23		681.944		25.08	%
Class R6	G4		1,039.651		38.23	%

PGIM Target Date Income Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R1	G8		12,343.38		73.60	%
Class R1	G4		4,423.591		26.38	%
Class R2	G142		3,560.82		41.95	%
Class R2	G4		4,532.40		53.39	%
Class R3	G8		43,860.815		63.42	%
Class R3	G82		20,256.298		29.29	%
Class R3	G22		3,484.951		5.04	%
Class R4	G4		4,640.978		100.00	%
Class R5	G143		859.116		15.48	%
Class R5	G4		4,690.411		84.52	%
Class R6	G80		1,577,773.33		74.84	%
Class R6	G23		265,474.807		12.59	%

PGIM TIPS Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class R6	G72		796,828.118		14.47	%
Class R6	G61		745,109.067		13.53	%
Class R6	G62		947,404.185		17.20	%
Class R6	G63		1,036,849.06		18.82	%
Class R6	G65		660,459.478		11.99	%
Class R6	G66		293,136.152		5.32	%
Class R6	G64		688,309.406		12.50	%

PGIM Total Return Bond Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G2		20,695,176.253		11.65	%
Class A	G12		68,882,383.638		38.78	%
Class A	G17		11,394,328.325		6.41	%
Class A	G169		12,044,031.632		6.78	%
Class A	G20		10,429,995.694		5.87	%
Class C	G44		917,997.546		5.03	%
Class C	G1		2,640,450.021		14.47	%
Class C	G2		1,533,197.838		8.40	%
Class C	G16		3,186,723.009		17.46	%
Class C	G13		3,365,877.791		18.44	%
Class C	G17		2,467,564.44		13.52	%
Class C	G20		980,842.003		5.37	%
Class C	G18		1,452,974.949		7.96	%
Class R	G30		13,874,656.692		63.60	%
Class R	G2		3,567,252.848		16.35	%
Class R	G23		1,413,962.463		6.48	%
Class R2	G7		210,861.592		7.28	%
Class R2	G9		496,969.001		17.16	%
Class R2	G49		209,803.739		7.24	%
Class R2	G171		150,071.734		5.18	%
Class R2	G47		624,528.782		21.57	%
Class R4	G9		222,935.513		6.53	%
Class R4	G97		196,235.03		5.75	%
Class R4	G97		211,953.165		6.21	%
Class R4	G20		1,753,598.618		51.38	%
Class R6	G2		193,003,034.971		9.36	%
Class R6	G15		116,463,690.262		5.65	%
Class R6	G12		695,948,984.039		33.77	%
Class R6	G11		106,128,714.366		5.15	%
Class R6	G169		188,476,043.557		9.14	%
Class Z	G1		252,566,369.615		11.48	%

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class Z	G2		237,612,666.109		10.80	%
Class Z	G16		455,012,874.691		20.69	%
Class Z	G17		229,940,757.371		10.46	%
Class Z	G11		250,157,719.374		11.37	%
Class Z	G20		176,224,440.92		8.01	%

PGIM US Real Estate Fund

Fund/ Class	Beneficial Owner	Shares Held		% Held
Class A	G159		48,627.289		10.16	%
Class A	G160		85,056.453		17.77	%
Class A	G1		69,063.252		14.43	%
Class A	G2		41,294.827		8.63	%
Class A	G16		41,760.937		8.73	%
Class A	G13		27,255.257		5.69	%
Class A	G6		51,514.625		10.76	%
Class C	G1		49,961.208		35.15	%
Class C	G2		13,156.194		9.25	%
Class C	G16		15,436.322		10.86	%
Class C	G6		37,041.901		26.06	%
Class C	G18		18,146.366		12.77	%
Class R6	G7		1,708,004.679		17.12	%
Class R6	G9		817,414.931		8.19	%
Class R6	G2		4,210,154.527		42.20	%
Class Z	G1		3,098,919.978		21.42	%
Class Z	G2		2,833,832.899		19.59	%
Class Z	G16		2,287,133.999		15.81	%
Class Z	G11		2,066,447.60		14.28	%
Class Z	G6		2,273,778.766		15.72	%

The Exchange-Traded Funds referenced below do not have information concerning the beneficial ownership of shares held in the names of Depository Trust Company (DTC) participants.

Fund Name	Shareholder Name and Address	% of Ownership
PGIM Jennison Focused Growth ETF	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix, AZ 85016		68.2	%
	Ed Jones 201 Progress Parkway, Maryland Heights, MO 63043		19.5	%
PGIM Jennison Focused Value ETF	PGIM Strategic Investments 655 Broad St, Newark, NJ 07102-4410		9.9	%
	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix, AZ 85016		33.5	%
	LPL LLC 4707 Executive Dr, San Diego, CA 92121		26.7	%
	National Financial Services LLC 499 Washington Blvd, Jersey City, NJ 07310		7.9	%
	Raymond James 880 Carillon Parkway, St Petersburg, FL 33716		13.9	%
PGIM Jennison Focused Mid-Cap ETF	PGIM Strategic Investments 655 Broad St, Newark, NJ 07102-4410		66.7	%
	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix, AZ 85016		16.6	%
	National Financial Services LLC 499 Washington Blvd, Jersey City, NJ 07310		15.0	%
PGIM Jennison Focused International Equity ETF (formerly, PGIM Jennison International Opportunities ETF)	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix, AZ 85016		7.9	%
	Folio Investments 8180 Greensboro Drive 8th Fl, McClean, VA 22102		53.1	%
	Raymond James 880 Carillon Parkway, St Petersburg, FL 33716		26.3	%
PGIM Jennison U.S. Core Equity ETF	PGIM Strategic Investments 655 Broad St., Newark, NJ 07102-4410		77	%
	Morgan Stanley Smith Barney LLC. 1300 Thames St. 6th Floor, Baltimore, MD 21231		13.9	%
PGIM Jennison Small-Mid Cap Core Equity ETF	PGIM Strategic Investments 655 Broad St., Newark NJ, 07102-4410		83.3	%
	Goldman 200 West Street, New York, NY 10001		13.40	%
PGIM Jennison International Core Equity ETF	PGIM Strategic Investments 655 Broad St., Newark, NJ 07102-4410		90.9	%
	JPMS—JP Morgan Securities 383 Madison Ave, New York, NY 10179		9.0	%
PGIM Portfolio Ballast ETF	PGIM Strategic Investments 655 Broad St., Newark, NJ 07102-4410		44.7	%
	National Financial Services LLC. 499 Washington Blvd, Jersey City, NJ 07310		5.7	%
	Wells Fargo Bank, N.A. 608 2nd Ave S., Minneapolis, MN 55434		38.8	%

Fund Name	Shareholder Name and Address	% of Ownership
PGIM Ultra Short Bond ETF	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix, AZ 85016		19.5	%
	Ed Jones 201 Progress Parkway, Maryland Heights, MO 63043		5.5	%
	JPMS—JP Morgan Securities 383 Madison Ave, New York, NY 10179		13.0	%
	LPL LLC 4707 Executive Dr., San Diego, CA 92121		7.1	%
	Merrill Lynch, Pierce, Fenner and Smith 4804 Deerlake Dr. E., Jacksonville, FL 32246		5.4	%
	Morgan Stanley Smith Barney LLC. 1300 Thames St. 6th Floor, Baltimore, MD 21231		8.5	%
	National Financial Services LLC. 499 Washington Blvd., Jersey City, NJ 07310		9.8	%
PGIM Active High Yield Bond ETF	AEIS Inc. 707 2nd Ave. South, Minneapolis, MN 55402		6.0	%
	PGIM Strategic Investments 655 Broad St., Newark, NJ 07102-4410		39.4	%
	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix AZ 85016		9.4	%
	National Financial Services LLC. 499 Washington Blvd., Jersey City, NJ 07310		12.2	%
	Raymond James 880 Carillon Parkway, St Petersburg, FL 33716		8.7	%
	SSB&T 1776 Heritage Drive, North Quincy, MA 02171		6.7	%
PGIM Active Aggregate Bond ETF	PGIM Strategic Investments 655 Broad St., Newark, NJ 07102-4410		18.7	%
	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix, AZ 85016		19.5	%
	Ed Jones 201 Progress Parkway, Maryland Heights, MO 63043		15.9	%
	LPL LLC 4707 Executive Dr., San Diego, CA 92121		25.6	%
	National Financial Services LLC. 499 Washington Blvd., Jersey City, NJ 07310		10.6	%
PGIM Total Return Bond ETF	PGIM Strategic Investments 655 Broad St., Newark, NJ 07102-4410		9.8	%
	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix, AZ 85016		36.6	%
	Ed Jones 201 Progress Parkway, Maryland Heights, MO 63043		8.5	%
	National Financial Services LLC. 499 Washington Blvd, Jersey City, NJ 07310		18.9	%
	Pershing LLC One Pershing Plaza, Jersey City, NJ 07399		6.1	%
	Raymond James 880 Carillon Parkway, St Petersburg, FL, 33716		7.1	%

Fund Name	Shareholder Name and Address	% of Ownership
PGIM Floating Rate Income ETF	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix, AZ 85016		22.6	%
	PGIM Strategic Investments 655 Broad St., Newark, NJ 07102-4410		7.8	%
	LPL LLC 4707 Executive Dr., San Diego, CA 92121		5.4	%
	National Financial Services LLC. 499 Washington Blvd., Jersey City, NJ 07310		14.6	%
	Raymond James 880 Carillon Parkway, St Petersburg, FL, 33716		24.5	%
	SEI TRUST COMPANY C/O GWP One Freedom Valley Drive, Oaks, PA19456		5.3	%
PGIM AAA CLO ETF	PGIM Strategic Investments 655 Broad St., Newark, NJ 07102-4410		27.9	%
	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix AZ 85016		10.2	%
	Ed Jones 201 Progress Parkway, Maryland Heights, MO 63043		7.6	%
	Merrill Lynch, Pierce, Fenner and Smith 4804 Deerlake Dr. E., Jacksonville, FL 32246		5.6	%
	National Financial Services LLC. 499 Washington Blvd., Jersey City, NJ 07310		6.6	%
PGIM Short Duration Multi-Sector Bond ETF	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix, AZ 85016		30.6	%
	Goldman 200 West Street, New York, NY 10001		5.4	%
	Ed Jones 201 Progress Parkway, Maryland Heights, MO 63043		10.4	%
	National Financial Services LLC. 499 Washington Blvd., Jersey City, NJ 07310		25.4	%
	Pershing LLC One Pershing Plaza, Jersey City, NJ 07399		6.6	%
	Raymond James 880 Carillon Parkway, St Petersburg, FL, 33716		13.9	%
PGIM Short Duration High Yield ETF	Charles Schwab Trust Bank 2423 East Lincoln Drive, Phoenix, AZ 85016		30.6	%
	LPL LLC 4707 Executive Dr., San Diego, CA 92121		28.7	%
	National Financial Services LLC. 499 Washington Blvd., Jersey City, NJ 07310		25.1	%

Control Persons

Any person who beneficially owned or of record owns more than 25% of the voting securities of the Funds may be considered a "control person." Control persons may be able to determine or significantly influence the outcome of matters submitted to a shareholder vote.

Fund	Shareholder Name and Address	Total Shares / % of Ownership
PGIM Global Total Return (USD Hedged) Fund	National Financial Services LLC For Exclusive Benefit of Our Customers Attn Mutual Funds Dept 4th Floor 499 Washington Blvd Jersey City NJ 07310		942,435.468 / 26.35	%
PGIM Global Total Return Fund	Edward D Jones & Co Attn: Mutual Fund Shareholder Accounting 201 Progress Pkwy Maryland Hts. MO 63043-3003		146,322,086.634 / 30.00	%
PGIM Core Conservative Bond Fund	Prudential Investment Portfolio 16 PGIM Income Builder Fund 2 Gateway Ctr Newark NJ 07102-5008		3,811,510.646 / 60.29	%
PGIM Quant Solutions Commodity Strategies Fund	PGIM Real Assets Fund 2 Gateway Ctr Newark NJ 07102-5003		818,838.339 / 34.22	%
PGIM Quant Solutions Emerging Markets Equity Fund	PGIM Strategic Investments Inc 655 Broad St 08-19-24 Newark NJ 07102-4410		915,329.864 / 61.79	%
PGIM Quant Solutions Large-Cap Value Fund	Empower Trust FBO Legacy Pru Smart Solution Ira—SSI C/O Fascore LLC 8515 E Orchard Rd 2t2 Greenwood Village CO 80111		11,117,757.786 / 62.47	%
PGIM Strategic Bond Fund	American Enterprise Investment Svc (FBO) 41999970 707 2nd Ave South Minneapolis MN 55402-2405		42,165,431.07 / 27.25	%
PGIM Jennison Rising Dividend Fund	LPL Financial A/C 1000-0005 4707 Executive Drive San Diego CA 92121-3091		1,738,038.036 / 31.69	%
	National Financial Services LLC For Exclusive Benefit Of Our Customers Attn Mutual Funds Dept 4th Floor 499 Washington Blvd Jersey City NJ 07310		1,611,751.719 / 29.61	%
PGIM Target Date 2020 Fund	Empower Trust FBO Great West Ira Advantage C/O Fascore LLC 8515 E Orchard Rd 2T2 Greenwood Village CO 80111		2,286,085.598 / 87.55	%
PGIM Target Date 2025 Fund	Empower Trust FBO Great West Ira Advantage C/O Fascore LLC 8515 E Orchard Rd 2t2 Greenwood Village CO 80111		2,654,038.567 / 75.68	%
PGIM Target Date 2030 Fund	Empower Trust FBO Great West Ira Advantage C/O Fascore LLC 8515 E Orchard Rd 2T2 Greenwood Village CO 80111		3,199,721.127 / 74.42	%

Fund	Shareholder Name and Address	Total Shares / % of Ownership
PGIM Target Date 2035 Fund	Empower Trust FBO Great West Ira Advantage C/O Fascore LLC 8515 E Orchard Rd 2T2 Greenwood Village CO 80111		2,208,589.156 / 59.33	%
PGIM Target Date 2040 Fund	Empower Trust FBO Great West Ira Advantage C/O Fascore LLC 8515 E Orchard Rd 2t2 Greenwood Village CO 80111		1,469,627.616 / 53.84	%
PGIM Target Date 2045 Fund	Empower Trust FBO Great West Ira Advantage C/O Fascore LLC 8515 E Orchard Rd 2t2 Greenwood Village CO 80111		764,600.269 / 32.32	%
PGIM Target Date 2065 Fund	Empower Trust FBO Great West Ira Advantage C/O Fascore LLC 8515 E Orchard Rd 2t2 Greenwood Village CO 80111		54,234.186 / 31.45	%
PGIM Target Date 2070 Fund	Prudential Investment Mgmt Inc Prudential Investments Fund Management LLC 655 Broad St 08-19-24 Newark NJ 07102-4410		6,218.275 / 71.66	%
PGIM Target Date Income Fund	Empower Trust FBO Great West Ira Advantage C/O Fascore LLC 8515 E Orchard Rd 2t2 Greenwood Village CO 80111		1,577,773.33 / 71.31	%
PGIM 60/40 Allocation Fund	Empower Annuity Insurance Eaic 8515 E Orchard Rd 2t2 Greenwood Village CO 80111		10,550,196.609 / 99.99	%
PGIM Jennison Value Fund	LPL Financial A/C 1000-0005 4707 Executive Drive San Diego CA 92121-3091		8,445,372.664 / 29.80	%
PGIM Quant Solutions Large-Cap Core Fund	LPL Financial A/C 1000-0005 4707 Executive Drive San Diego CA 92121-3091		14,358,361.498 / 35.05	%
PGIM Real Estate Income Fund	Prudential Investment Portfolio 16 PGIM Income Builder Fund 2 Gateway Ctr Newark NJ 07102-5008		4,129,499.706 / 53.97	%
	LPL Financial A/C 1000-0005 4707 Executive Drive San Diego CA 92121-3091		2,670,590.952 / 35.04	%
PGIM Select Real Estate Fund	National Financial Services LLC For Exclusive Benefit Of Our Customers Attn Mutual Funds Dept 4th Floor 499 Washington Blvd Jersey City NJ 07310		6,213,873.361 / 35.79	%
PGIM Conservative Retirement Spending Fund	Mac & Co A/C 471255 Attn: Mutual Fund Operations 500 Grant Street, Room 151-1010 Pittsburgh PA 15258		500,000.000 / 99.78	%

Fund	Shareholder Name and Address	Total Shares / % of Ownership
PGIM Enhanced Retirement Spending Fund	Mac & Co A/C 471255 Attn: Mutual Fund Operations, 500 Grant Street Room 151-1010 Pittsburgh PA 15258		500,000.000 / 95.25	%
PGIM Moderate Retirement Spending Fund	Mac & Co A/C 471255 Attn: Mutual Fund Operations 500 Grant Street, Room 151-1010 Pittsburgh PA 15258		500,000.00 / 99.78	%
PGIM Short Duration Muni Fund	Edward D Jones & Co Attn: Mutual Fund Shareholder Accounting 201 Progress Pkwy Maryland Hts MO 63043-3003		9,820,317.061 / 28.01	%
PGIM US Real Estate Fund	National Financial Services LLC For Exclusive Benefit Of Our Customers Attn Mutual Funds Dept 4th Floor 499 Washington Blvd Jersey City NJ 07310		7,043,987.426 / 28.11	%
PGIM Jennison Technology Fund	National Financial Services LLC For Exclusive Benefit Of Our Customers Attn Mutual Funds Dept 4th Floor 499 Washington Blvd Jersey City NJ 07310		473,238.244 / 35.26	%
PGIM Government Income Fund	LPL Financial A/C 1000-0005 4707 Executive Drive San Diego CA 92121-3091		9,132,963.379 / 26.32	%
PGIM Short Duration Multi-Sector Bond Fund	Edward D Jones & Co Attn: Mutual Fund Shareholder Accounting 201 Progress Pkwy Maryland Hts MO 63043-3003		395,026,274.618 / 41.57	%
PGIM Jennison Energy Infrastructure Fund (formerly PGIM Jennison MLP Fund)	Morgan Stanley Smith Barney LLC For The Exclusive Benefit Of Its Customers 1 New York Plaza Fl 12 New York NY 10004-1901		19,702,878.463 / 25.74	%
PGIM Jennison Small Company Fund	National Financial Services LLC For Exclusive Benefit Of Our Customers Attn Mutual Funds Dept 4th Floor 499 Washington Blvd Jersey City NJ 07310		46,781,548.53 / 39.95	%
PGIM National Muni Fund	Edward D Jones & Co Attn: Mutual Fund Shareholder Accounting 201 Progress Pkwy Maryland Hts MO 63043-3003		31,379,663.249 / 34.34	%
PGIM Jennison Global Infrastructure Fund	American Enterprise Investment Svc (FBO) 41999970 707 2nd Ave South Minneapolis MN 55402-2405		844,582.833 / 29.65	%
PGIM Emerging Markets Debt Hard Currency Fund	SEI Private Trust Company C/O Principal Financial ID 636 Attn: Mutual Fund Administrator One Freedom Valley Drive Oaks, PA 19456		6,666,913.508 / 26.37	%

PGIM INVESTMENT FUNDSPGIM Investments LLC 655 Broad Street, Newark, New Jersey 07102 PROXY CARD JOINT SPECIAL MEETING OF SHAREHOLDERS (THE “MEETING”) December 21, 2026 at 10:00 a.m., Eastern Time THIS PROXY IS SOLICITED ON BEHALF OF THE BOARDS OF TRUSTEES/DIRECTORS OF THE REGISTRANTS LISTED IN THE ACCOMPANYING PROXY STATEMENT IN APPENDIX A (EACH, A “REGISTRANT”). The undersigned hereby appoints Melissa Gonzalez, Claudia DiGiacomo and Andrew French as Proxies, each with the power of substitution, and hereby authorizes each of them to represent and to vote, as designated on the reverse side, all of the shares of common stock or beneficial interest, as the case may be, of the Registrant held of record by the undersigned on October 19, 2026, at the Meeting to be held on December 21, 2026 at 10:00 a.m., Eastern Time, and at any adjournment(s) or postponement(s) thereof. THE SHARES REPRESENTED BY THIS PROXY, WHEN THIS PROXY IS PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. THE PROXY WILL BE VOTED FOR EACH OF THE NOMINEES UNDER PROPOSAL NO. 1 IF YOU DO NOT SPECIFY OTHERWISE. PLEASE REFER TO THE PROXY STATEMENT DATED OCTOBER 30, 2026, FOR DISCUSSION OF PROPOSAL NO. 1. THE PROXY STATEMENT IS AVAILABLE ON THE REGISTRANTS’ WEBSITE AT WWW.PGIM.COM/FUNDUPDATES. IF VOTING BY MAIL, PLEASE MARK, SIGN AND DATE THIS PROXY CARD WHERE INDICATED AND RETURN IT PROMPTLY USING THE ENCLOSED ENVELOPE, WHICH REQUIRES NO POSTAGE IF MAILED IN THE UNITED STATES. In their discretion, the Proxies are authorized to vote upon such other business as may properly come before the Meeting or any adjournment(s) or postponement(s) thereof, including any proposal to adjourn the Meeting. If you simply sign and date the proxy card but give no voting instructions, your shares will be voted FOR each of the nominees under Proposal No. 1 and in accordance with the views of management upon any unexpected matters that come before the Meeting or any adjournment(s) or postponement(s) of the Meeting. PGIM INVESTMENTS LLC 655 Broad Street, Newark, New Jersey 07102 To vote by Internet 1) Read the Proxy Statement and have the proxy card below at hand. 2) Go to website www.proxyvote.com or scan the QR Barcode above 3) Follow the instructions provided on the website. To vote by Telephone 1) Read the Proxy Statement and have the proxy card below at hand. 2) Call 1-800-690-6903 3) Follow the instructions. To vote by Mail 1) Read the Proxy Statement. 2) Check the appropriate boxes on the proxy card below. 3) Sign and date the proxy card. 4) Return the proxy card in the envelope provided.

TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: KEEP THIS PORTION FOR YOUR RECORDS DETACH AND RETURN THIS PORTION ONLY THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. REGISTRANT THE BOARD OF TRUSTEES/DIRECTORS RECOMMENDS A VOTE FOR ALL OF THE NOMINEES Proposal No. 1 To elect thirteen (13) Trustees/Directors. Nominees: 01) Ellen S. Alberding 02) Kevin J. Bannon 03) Linda W. Bynoe 04) Teresa H. Clarke 05) Barry H. Evans 06) Keith F. Hartstein 07) Laurie Simon Hodrick 08) Brian K. Reid 09) Grace C. Torres 10) Leonardo M. Zerilli 11) Freda Lam Zietlow 12) Stuart S. Parker 13) Scott E. Benjamin FOR ALL WITHHOLD ALL FOR ALL EXCEPT TO WITHHOLD AUTHORITY TO VOTE, MARK “FOR ALL EXCEPT” AND WRITE THE NOMINEE’S NUMBER ON THE LINE BELOW. / / / / / / NOTE: Please sign exactly as name appears hereon. Joint owners should each sign. When signing as attorney, executor, administrator, trustee or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in full partnership name by authorized person. Please be sure to sign and date this Proxy. SIGNATURE (PLEASE SIGN WITHIN BOX) DATE SIGNATURE (JOINT OWNERS) DATE

PROXY CARD – PGIM JENNISON FOCUSED GROWTH FUND JOINT SPECIAL MEETING OF SHAREHOLDERS (THE “MEETING”) December 21, 2026 at 10:00 a.m., Eastern Time THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES OF PRUDENTIAL INVESTMENT PORTFOLIOS 3 ON BEHALF OF PGIM JENNISON FOCUSED GROWTH FUND (THE “FUND”). The undersigned hereby appoints Melissa Gonzalez, Claudia DiGiacomo and Andrew French as Proxies, each with the power of substitution, and hereby authorizes each of them to represent and to vote, as designated on the reverse side, all of the shares of beneficial interest of the Fund held of record by the undersigned on October 19, 2026, at the Meeting to be held on December 21, 2026, at 10:00 a.m., Eastern Time, and at any adjournment(s) or postponement(s) thereof. THE SHARES REPRESENTED BY THIS PROXY, WHEN THIS PROXY IS PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. THE PROXY WILL BE VOTED FOR EACH OF THE NOMINEES UNDER PROPOSAL NO. 1 AND FOR PROPOSAL NOS. 2 AND 3 IF YOU DO NOT SPECIFY OTHERWISE. PLEASE REFER TO THE PROXY STATEMENT DATED OCTOBER 30, 2026 FOR DISCUSSION OF PROPOSAL NOS. 1, 2 AND 3. THE PROXY STATEMENT IS AVAILABLE ON THE FUND’S WEBSITE AT WWW.PGIM.COM/FUNDUPDATES. IF VOTING BY MAIL, PLEASE MARK, SIGN AND DATE THIS PROXY CARD WHERE INDICATED AND RETURN IT PROMPTLY USING THE ENCLOSED ENVELOPE, WHICH REQUIRES NO POSTAGE IF MAILED IN THE UNITED STATES. In their discretion, the Proxies are authorized to vote upon such other business as may properly come before the Meeting or any adjournment(s) or postponement(s) thereof, including any proposal to adjourn the Meeting. If you simply sign and date the proxy card but give no voting instructions, your shares will be voted FOR each of the nominees under Proposal No. 1, FOR Proposal Nos. 2 and 3 and in accordance with the views of management upon any unexpected matters that come before the Meeting or any adjournment(s) or postponement(s) of the Meeting. PGIM INVESTMENTS LLC 655 Broad Street, Newark, New Jersey 07102 To vote by Internet 1) Read the Proxy Statement and have the proxy card below at hand. 2) Go to website www.proxyvote.com or scan the QR Barcode above 3) Follow the instructions provided on the website. To vote by Telephone 1) Read the Proxy Statement and have the proxy card below at hand. 2) Call 1-800-690-6903 3) Follow the instructions. To vote by Mail 1) Read the Proxy Statement. 2) Check the appropriate boxes on the proxy card below. 3) Sign and date the proxy card. 4) Return the proxy card in the envelope provided.

TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: KEEP THIS PORTION FOR YOUR RECORDS DETACH AND RETURN THIS PORTION ONLY THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. PGIM JENNISON FOCUSED GROWTH FUND THE BOARD OF TRUSTEES OF PRUDENTIAL INVESTMENT PORTFOLIOS 3 RECOMMENDS A VOTE FOR ALL OF THE NOMINEES UNDER PROPOSAL NO. 1 AND FOR EACH OF PROPOSAL NOS. 2 AND 3, INCLUDING EACH SUB-PROPOSAL UNDER PROPOSAL NO. 3. Proposal No. 1 To elect thirteen (13) Trustees. Nominees: 01) Ellen S. Alberding 02) Kevin J. Bannon 03) Linda W. Bynoe 04) Teresa H. Clarke 05) Barry H. Evans 06) Keith F. Hartstein 07) Laurie Simon Hodrick 08) Brian K. Reid 09) Grace C. Torres 10) Leonardo M. Zerilli 11) Freda Lam Zietlow 12) Stuart S. Parker 13) Scott E. Benjamin FOR ALL WITHHOLD ALL FOR ALL EXCEPT TO WITHHOLD AUTHORITY TO VOTE, MARK “FOR ALL EXCEPT” AND WRITE THE NOMINEE’S NUMBER ON THE LINE BELOW. / / / / / / Proposal No. 2 To approve a policy to permit PGIM Investments LLC to enter into, or make material changes to, subadvisory agreements with subadvisers that are wholly-owned subsidiaries of PGIM Investments LLC or a sister company (a company that is a direct or indirect “wholly-owned subsidiary” of the same company that directly or indirectly owns PGIM Investments LLC) without shareholder approval. FOR AGAINST ABSTAIN

Proposal No. 3 To approve a proposal to change certain fundamental investment policies of PGIM Jennison Focused Growth Fund, consisting of separate sub-proposals concerning: 3(a) To amend the fundamental investment policy regarding underwriting FOR AGAINST ABSTAIN 3(b) To amend the fundamental investment policy regarding real estate FOR AGAINST ABSTAIN 3(c) To amend the fundamental investment policy regarding commodities FOR AGAINST ABSTAIN NOTE: Please sign exactly as name appears hereon. Joint owners should each sign. When signing as attorney, executor, administrator, trustee or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in full partnership name by authorized person. Please be sure to sign and date this Proxy. SIGNATURE (PLEASE SIGN WITHIN BOX) DATE SIGNATURE (JOINT OWNERS) DATE

Beneficial Owner				Beneficial Owner and Address
G1				Lpl Financial; 4707 Executive Drive, San Diego CA 92121-3091
G2				National Financial Services Llc; For Exclusive Benefit Of Our Customers; 499 Washington Blvd; Jersey City NJ 07310
G3				Prudential Trust Company; C/F The Sep Ira Plan Of; Coastal Clinical Research; FBO Bart W Mcclure; 2543 River Enclave Ln; Jacksonville FL 32226
G4				PGIM Investments LLC and its affiliates; 655 Broad St 19Th Floor 08-19-24; Newark NJ 07102-4410
G5				Charles Schwab & Co; Special Custody Acct FBO Customers; Attn Mutual Funds; 101 Montgomery St; San Francisco CA 941044122
G6				Pershing Llc; 1 Pershing Plaza; Jersey City NJ 07399
G7				Empower Trust FBO; Employee Benefits Clients 401K; 8515 E Orchard Rd 2T2; Greenwood Village CO 80111
G8				State Street Bank And Trust; 1 Lincoln St; Boston MA 02111-2901
G9				Dcgt (Trustee And/Or Custodian); FBO Plic Various Retirement Plans; Omnibus; 711 High Street; Des Moines, IA 50392
G10				Mid Atlantic Trust Company FBO; Matc Omnibus Div Reinvest; 1251 Waterfront Place Suite 525; Pittsburgh PA 15222
G11				Charles Schwab Co; 211 Main St; San Francisco CA 94105
G12				Edward D Jones & Co; 201 Progress Pkwy; Maryland Hts MO 63043-3003
G13				Wells Fargo Clearing Svcs Llc; Special Custody Acct For The; Exclusive Benefit Of Customer; 2801 Market St; Saint Louis MO 63103
G14				Umb Bank Na; FBO Fiduciary For Tax Deferred Accounts One Security Benefit Place; Topeka KS 666360000
G15				J P Morgan Securities Llc; Omnibus Account For The Exclusive; Benefit Of Customers; 4 Chase Metrotech Center; Brooklyn NY 11245
G16				American Enterprise Investment Svc; 707 2Nd Ave South; Minneapolis MN 55402-2405
G17				Morgan Stanley Smith Barney Llc; For The Exclusive Benefit Of Its Customers 1 New York Plaza; New York NY 10004
G18				Raymond James; Omnibus For Mutual Funds; 880 Carillon Parkway; St Petersburg FL 33716

Beneficial Owner				Beneficial Owner and Address
G19				Fiioc FBO; Elga Credit Union; Employee'S 401(K) Plan; 100 Magellan Way (Kw1C); Covington KY 41015-1987
G20				Merrill Lync,Pierc,Fenner & Smith; For The Sole Benefit Of Its Cust; 4800 Deer Lake Dr E; Jacksonville FL 32246-6484
G21				Ascensus Trust Company FBO; Air Frame Mfg & Supply Co Sal Red P; 001188; P.O. Box 10758; Fargo, ND 58106
G22				Empower Trust FBO; Empower Benefit Plans; 8515 E Orchard Rd 2T2; Greenwood Village CO 80111
G23				Voya Institutional Trust Company; One Orange Way; Windsor CT 06095-4774
G24				Prudential Floating Rate Income Fund 655 Broad Street; Newark NJ 07102-5008
G25				PGIM Investments LLC and its affiliates; Guaranteed Separate Account Mmip; 2 Gateway Ctr Fl 7; Newark NJ 07102-5008
G26				PGIM Investments LLC and its affiliates; Pruco Life Insurance Co Flexguard; St Investment Plaz 655 Broad Street; Newark NJ 07102
G27				PGIM Investments LLC and its affiliates; Pgim Etf Trust Pgim Aaa Clo Etf; 655 Broad St 17Th Floor South Tower; Newark NJ 07102
G28				Prudential High Yield Fund; 2 Gateway Ctr Fl 7; Newark NJ 07102-5008
G29				Prudential Trust Company; C/F The Rollover Ira Of; Margaret A Gilmour; 1626 Napoleon Drive; Bonne Terre MO 63628-0000
G30				Empower Trust FBO; Legacy Pru Smart Solution Ira—Ssi; C/O Fascore Llc; 8515 E Orchard Rd 2T2; Greenwood Village CO 80111
G31				Passcorp 280 Trumbull St Fl 18; Hartford CT 06103-3509
G32				PGIM Investments LLC and its Affiliates; As Nominee For The Ttee/Cust Pl 006; Fair Fund Settlement Holding; 30 Scranton Office Park; Scranton PA 18507
G33				2005 Deferred Compensation Plan; FBO Stephen M Chipman; 655 Broad St; Newark NJ 07102-4410
G34				RBC Capital Markets Llc; Mutual Fund Omnibus Processing; Omnibus; 250 Nicollet Mall Suite 1400; Minneapolis MN 55401-1931
G35				2004 Deferred Compensation Plan; Deferred Compensation Plan; FBO Thomas O'Brien; 655 Broad St 17Th Floor; Newark NJ 07102 C0

Beneficial Owner				Beneficial Owner and Address
G36				State Street Bank Custodian FBO; Access Large Market 401K; 1 Lincoln Street; Boston MA 02111
G37				Empower Trust FBO; City Of Tallahassee; C/O Fascore Llc; 8515 E Orchard Rd 2T2; Greenwood Village CO 80111
G38				Ascensus Trust Company FBO; Kidd Plumbing 401(K) Plan 231980; Ascensus Trust Company; Po Box 10577; Fargo, ND 58106
G39				Ubs Wm Usa; 0O0 11011 6100; Spec Cdy A/C Exl Ben Customers; Of Ubsfsi; 1000 Harbor Blvd; Weehawken, NJ 07086
G40				Empower Annuity Insurance; Eaic; 8515 E Orchard Rd 2T2; Greenwood Village CO 80111
G41				Matrix Trust Company Cust. FBO; Hoff'S Machine And Welding,; 717 17Th Street; Suite 1300; Denver CO 80202
G42				Mid Atlantic Trust Company FBO; Fried & Williams Clifford E Fr 401(; 1251 Waterfront Place, Suite 525; Pittsburgh, PA 15222
G43				Fiioc FBO; Resource Management Group; 401K Profit Sharing Plan; 100 Magellan Way #Kw1C; Covington KY 41015-1987
G44				Charles Schwab & Co Inc; Special Custody Acct FBO Customers; Attn Mutual Funds; 211 Main St; San Francisco CA 94105
G45				Vanguard Fiduciary Trust Company; Po Box 2600 Vm 613; Attn: Outisde Funds; Valley Forge PA 194820000
G46				Ascensus Trust Company FBO; Michael Edwards Direct 401(K) Ps Pl; 207821; P.O. Box 10758; Fargo, ND 58106
G47				Nationwide Trust Company Fsb; C/O Ipo Portfolio Accounting; Po Box 182029; Columbus OH 43218-2029
G48				Voya Institutional Trust Company; FBO State Of Arkansas Deferred; Compensation Plan; One Orange Way; Windsor CT 06095
G49				Empower Trust FBO; Employee Benefit Clients 401K; 8515 E Orchard Rd 2T2; Greenwood Village CO 80111
G50				AST Balanced Asset Allocation Portfolio 655 Broad Steet; Newark NJ 07102-5008
G51				PGIM Investments and its Affiliates—Prudential Core Plus Bond Fund; 655 Broad Street; Newark NJ 07102-5008

Beneficial Owner				Beneficial Owner and Address
G71				Suresh Balakrishnan; 250 Mill St; Westwood NJ 07675-2847
G72				PGIM Real Assets Fund; 2 Gateway Ctr Fl 4; Newark NJ 07102-5003
G73				PGIM Strategic Investments Inc; 655 Broad St Newark NJ 07102-4410
G74				John Hancock Trust Company Llc; 200 Berkeley St; Boston, MA 02116
G75				American United Life Voya Financial; Administrator; One Orange Way; Windsor CT 06195
G76				Prudential Trust Company; C/F The Rollover Ira Of; Jill M Zyniecki; 25 Sherwood Forest Rd; Albany NY 12203-5131
G77				Prudential Trust Company; C/F The Roth IRA Of Maria Tsekouras; 19 Shelbourne Rd; Havertown PA 19083-4435
G78				Ascensus Trust Company FBO; Soil Consultants, Inc. 401K Ps Plan 215721; P.O. Box 10758; Fargo, ND 58106
G79				Allen R Stubinsky; Subject To Sta Tod Rules—NJ; 48 Brian Dr; Rochester NY 14624-3621
G80				Empower Trust FBO; Great West Ira Advantage; C/O Fascore Llc; 8515 E Orchard Rd 2T2; Greenwood Village CO 80111
G81				Reliance Trust Co Ttee; Adp Access Large Market Product; 201 17Th Street Nw S 1000; Atlanta GA 30362
G82				Matrix Trust Company Custodian FBO; Hunter Engineering Company Nonquali; Po Box 52129; Phoenix AZ 850722129
G83				BNYM I S Trust Co Cust FBO; Ocean Springs Lumber Co; Ndfi Sim-Ira; Jason E Morris; 5848 Windmill St; Ocean Springs MS 39564-4072
G84				Prudential Trust Company; C/F The Ira Of Paul E Hummel; 1510 Clearview St; Scranton PA 18508-1800
G85				Prudential Trust Company; C/F The Rollover Ira Of David Blanchett; 2055 Manor Dr; Lexington KY 40502-2617
G86				Prudential Trust Company; C/F The Roth IRA Of David Blanchett; 2055 Manor Dr; Lexington KY 40502-2617
G87				BNYM I S Trust Co Cust Simple Ira; Eric Armin Inc; Annelies Guglberger; 300 Valley View Dr N; Franklin Lakes NJ 07417-1213
G88				BNYM I S Trust Co Cust FBO; Bening Motors Ndfi Simple Ira; James D Sechrest; 9083 State Hwy W; Jackson MO 63755-8841

Beneficial Owner				Beneficial Owner and Address
G89				Prudential Trust Company; C/F The Rollover Ira Of Renee D Pendleton; 4913 Independence Cir Unit B; Stow OH 44224
G90				Interactive Brokers Llc; 2 Pickwick Plaza; Greenwich, CT 06830
G91				Heidi B Bartels; Perry J Meyer Jtwros; 183 Creekside Ct Se; Saint Michael MN 55376-7535
G92				BNYM I S Trust Co Cust FBO; John Marion Ndfi Simple Ira; Jamie Robson; 6232 Talladay Rd; Milan MI 48160-8800
G93				BNYM I S Trust Co Cust FBO; Safe Harbor Christian Counseling; Ndfi Simple Ira; Kristen Desiree Andrus; 125 Algonquin Dr; Rising Sun MD 21911-1315
G94				Prudential Trust Company;C/F The Rollover Ira Of; Victoria Coon; 245 Albany Ave; Thornwood NY 10594-1128
G95				BNYM I S Trust Co Cust FBO;Ausbon Sargent Lpt Ndfi Sim-IRA; Jennifer Deasy; 4 Balsam Rd; Newport NH 03773
G96				BNYM I S Trust Co Cust FBO; Ausbon Sargent Land Preservation; Trust Ndfi Simple Ira; Benjamin S Wallace; 364 Elkins Rd; Elkins NH 03233-0000
G97				National Financial Services Llc; 499 Washington Blvd; Jersey City, NJ 07310
G98				Jennifer L Vercellone; Subject To Sta Tod Rules—NJ; 18710 Archers Drive; Monument CO 80132-0000
G99				Brian P Ramondt; Subject To Sta Tod Rules—NJ; 250 Little John Trl Ne; Atlanta GA 30309-2624
G100				Eva S Brezin; Subject To Sta Tod Rules—NJ; 23 Scarba St; Interlaken NJ 07712-4352
G101				Prudential Trust Company;C/F The Ira Of Nicole Devlin; 1679 Grizzly Trl; North Liberty IA 52317-8037
G102				BNYM I S Trust Co Cust Simple Ira; Eric Armin Inc; Berndt A Guglberger; 44 Stone Fence Rd; Allendale NJ 07401-1849
G103				BNYM I S Trust Co Cust FBO; Safe Harbor Christian Counseling; Ndfi Simple Ira; Angela Marie Ryan; 9209 Sandra Park Rd; Perry Hall MD 21128-9405
G104				Ascensus Trust Company FBO; Samy'S Oc 401(K) Plan 259620; P.O. Box 10758; Fargo, ND 58106
G105				Thomas J Chairge; 200 Adams Ave; Apt 509; Scranton PA 18503