Liabilities + Equity =
What country has the most vending machines per capita?
Japan
This country’s national animal is the unicorn
Scotland
Missouri
Jefferson City
NADA, ZILCH, NOTHING
When interest rates go up, bond prices.......
Go down or fall in value
What does ETF stand for?
Exchange Traded Fund
Gin
This is the only letter that does not appear in any U.S state name
Q
North Dakota
Bismarck
Name 4 of the other PGIM affiliates
PGIM Private Alternatives
PGIM Private Capital
PGIM Real Estate
Montana Capital Partners (PE)
Jennison Associates
PGIM DC Solutions
PGIM Portfolio Advisory
PGIM Quantitative Solutions
PGIM Wadhwani
PGIM Investments
What we call bonds which are rated BELOW Baa3 or BBB-
What financial services company is the largest issuer of credits cards in the U.S.?
Visa
This body part continues to grow throughout a person’s lifetime (excluding hair and nails)
Nose (or Ears)
The 4 first names of Kim & Ye's children
North, Saint, Chicago, Psalm
Vermont
Montpelier
Name 4 types of Fixed Income sectors that PGIM Fixed Income invests in:
Investment Grade Corporates, High Yield Corporates, Bank Loans, Emerging Markets, Securitized Products, Money Markets, Municipals, Mortgages, and Governments
Which continent do we have the second most clients in?
Europe
What financial institution suffered a bank run in 2023, leading to the largest bank failure in the US since the 2007-08 financial crisis?
Silicon Valley Bank (SVB) or First Republic
This fictional character’s name is the most commonly used password in the world
Superman
The # of times JLo has been engaged
Harrisburg
How much assets under management does PGIM Fixed Income have as of 9/30/24
(closest guess wins, all 6 teams have a chance to try without losing points!)
859 Billion
General form of debt without any collateral backing which still has a priority claim to collateral vs. equity.
Unsecured Debt
Which type of security was the main culprit of the 2007-2010 Great Recession
Mortgage Backed Securities (or more specifically, Non Agency RMBS)
Which country has the most time zones?
The country with the most time zones is France, mostly due to its various territories around the world. These time zones are:
What is a group of bats called?
Lincoln
Where does most of PGIM Fixed Income's Assets Under Management come from (which type of client more specifically)?
Institutional Clients
Measure of investment risk that takes into account both a bond’s interest payments and its value at maturity—provides a more accurate way to compare interest rate sensitivity and assess risk for different fixed income securities
Duration