PGIM Balanced Fund- Class C (PABCX)

The fund aims to achieve both current income generation and substantial long-term growth of invested capital. Its strategy involves actively managing a diverse portfolio that spans equities, fixed-income securities, and money market instruments, specifically seeking to exploit perceived mispricings in the market. A significant portion, ranging from 45% to 70% of its total assets, is committed to stocks and related instruments. Under normal operating conditions, 30% to 55% of the fund's holdings are typically allocated to debt securities. Additionally, the fund maintains the option to dedicate up to 15% of its total assets to equity-linked investments in smaller enterprises.