Effective April 8, 2026, PGIM Fixed Income, an investment group of PGIM, Inc. and a subadviser to each of the Funds, will be referred to as PGIM Credit. PGIM Credit continues to be an investment group of PGIM, Inc. and will continue to serve as subadviser to the Funds in the same manner as currently outlined in the applicable Registration Statement. PGIM Credit includes the public and private credit business of PGIM, Inc.
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