Prudential Emerging Mkts Dbt Lcl Ccy Z

The investment seeks total return.
The fund primarily invests at least 80% of investable assets in currencies of, and fixed income instruments denominated in local currencies of, emerging market countries. It anticipates investing in derivatives, such as forward contracts, options, futures contracts or swap agreements, denominated in any currency. The fund generally considers emerging market countries to be countries that are on the World Bank's list of low or middle income countries as well as any other country that the Subadviser believes has an emerging economy or market. It is non-diversified.

Key stats

Management firm  Prudential Investments
Domicile  United States
Fund Administrator  Prudential Mutual Fund Services LLC
Global Branding Name  Prudential
12 month yield  7.44%
Fund currency  USD
Launch Date  2011-03-30
ISIN  US7439697274
SEDOL  B44VBD6
Manager 1 Name  David Bessey
Manager 2 Name  Cathy Hepworth
Fund Strategy  Emerging Markets Bond
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2013-11-30
Return - 1 Month  -4.25%
Return - 2 Months  -1.10 %
Return - 3 Months  3.58%
Return - 6 Months  -7.27 %
Return - 9 months  -11.07 %
Return - 12 Months  -8.33%
Annualized return 24 months  2.50 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  -0.65%
Return YTD  -10.65%

Charges

Initial  0.00 %
Maximum Managment Charge  0.80 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  JennisonDryden
Contact Address 2  One Seaport Plaza
Contact Address 3  New York, NY 10292
Contact city  New York
Contact country  United States
Fund Admin Group  Prudential Investments
Web Address  www.prudential.com
Custodian  Bank of New York Mellon Corp

Price

Last Price Date  2014-09-26
Pre-tax nav  7.98
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $-0.04
Price change (percentage)  -0.50 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information