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PGIM Emerging Market Corp Bd USD Acc

Ranked 26 out of 91 in - Emerging Markets Global Corporates over 12 months
All calculations are in USD unless stated

Managed by

David Bessey

David Bessey is managing director and head of Prudential Fixed Income’s Emerging Markets team, investing in emerging market debt denominated in both $US and local currencies. Alongside co-manager Cathy Hepworth, he successfully manages the WIP Emerging Markets Fixed Income Fund. Bessey also specializes in the utility and sovereign sectors for the high yield team. From 1994 to 1999, Bessey was a senior portfolio manager for emerging markets portfolios and $US investment grade assets. Previously, he developed asset allocation strategies for insurance portfolios and managed Prudential Financial’s long-term funding book. Prior to joining Prudential Financial in 1989, Bessey was a project manager on various engineering projects in the United States, Asia, and Latin America. Bessey received a B.S. in geological engineering from Cornell University and an MBA in finance from the Sloan School at the Massachusetts Institute of Technology.

Cathy Hepworth

Cathy Hepworth attended Georgetown University in 1984 and New York University in 1993 where she obtained a BSc in Foreign Science and an MBA in Finance respectively. She began her career as an analyst at Golembe Associates in 1984, and later joined Merrill Lynch in 1986 and Bankers Trust in 1986 working as an associate. She joined Oppenheim Pramerica in 1989 and currently co-manages (with David Bessey) the Wip Emerging Markets Fixed Income Fund. Outside of fund management, Cathy enjoys running.

Aayush Sonthalia

Objective

The objective of the Fund is to outperform the emerging market corporate bond market over a full market cycle through a combination of current income and capital appreciation while preserving capital. The Fund will primarily invest in a diversified portfolio comprising of investment grade and high yield corporate bonds and quasi-sovereign bonds in emerging market countries, denominated in US Dollars, Euro, Yen, Sterling or in emerging market currencies and which will generally be listed or traded on a stock exchange.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Emerging Markets Global Corporates over : 30/09/2016 - 30/09/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 3.4% 2.4% 2.8%
2016 9.6% 3.9% 3.5% 3.0% -1.1%
2015 -0.7% 2.4% 0.9% -3.4% -0.5%
2014 -2.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Germany
  2. Ireland
  3. Netherlands
  4. United Kingdom

Fund Info

  • Launch date01/08/2014
  • Share Class size27Mn
  • Base currencyUSD
  • ISIN IE00BFLQZ401

Purchase Info

  • Min. initial investment10Mn
  • Min. regular additional investment0

Charges

  • Annual management0.55%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).