Ancient History
The year that PGIM FI incepted
1875
The MPT stat that does not rely on using a benchmark.
Sortino Ratio
The typical range of holdings in the PGIM Jennison Global Opportunities Fund.
35-45
The PGIM Absolute Return Bond Fund's duration band is this.
+/- 3 years
The last name of the Chief Investment Strategies and Head of Global Bonds.
Tipp
The year that Jennison was incepted.
1969
The higher the manager's _______, the more confidence you will have in any Alpha and Beta calculations.
R-Squared
This is the place that the Jennison Global team worked before they came to Jennison.
Loomis Sayles
The world's investable bonds that are domiciled outside of the U.S is approximately this percentage of the whole.
60%
According to top rating agencies S&P, double-B and other lower grade bonds are classified as this.
Junk
The year that QMA incepted.
1975
As the market index increased by 20%, a stock fund with a beta of 1.5 would be expected to increase by this much during that same period.
Increase by 30%
This is the approximate percentage of the total assets that the PGIM Global Real Estate Fund typically holds in the top 10 holdings.
30%
This many funds besides PGIM High Yield are rated Gold by Morningstar.
1 Fund
Compared to Natural Resources funds, MLP funds will generally be ______ sensitive to commodity prices.
Less
The year that PGIM Real Estate incepted.
1970
This is the minimum and maximum range for correlation numbers (r2).
negative one to positive one
PGIM Global Total Return won a Lipper award in 2018 for this category.
Global Income
The historical default rate for AA and AAA CLO's is this percentage.
0.0%
This is the cash a company produces through its operations, less the cost of expenditures on assets.
Free cash flow
The year that Jennison was purchased by Prudential.
1985
Indexed bonds that are issued by linking payments to inflation are classified as this.
TIPS
Real Estate investments often perform best in this part of the real estate cycle.
Late cycle
The PGIM Absolute Return Bond Z has had a negative return during the 6 rising interest rate periods since inception (10 yr U.S. Treasury +50 bps) this many times.
0
sample question
sample answer