PGIM Emerging Market Corp Bd USD Acc
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.
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.
Performance
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Rank 31/97 Total Return
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Rank 54/97 Standard Deviation
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Rank 54/97 Max Drawdown
Fund Name | Currency | Return | |
---|---|---|---|
29 | Jupiter JGF Global EM Corporate Bond I USD Acc | USD | 5.4% |
30 | Stone Harbor Emerging Markets Corp Debt M USD Acc | USD | 5.4% |
31 | PGIM Emerging Market Corp Bd USD Acc | USD | 5.3% |
32 | Amundi Fds II Em Mkts Corporate HY Bond A ND USD | USD | 5.2% |
33 | ABITL Emerging Markets Corporate Debt Fund A2 TWD | USD | 5.0% |
View full league table |
Fund Name | Currency | Risk | |
---|---|---|---|
53 | BlueBay Emerging Markets Corp Bond A (USD) | USD | 2.6 |
54 | Deutsche Invest I Emerging Markets Corp USD LC | USD | 2.6 |
54 | PGIM Emerging Market Corp Bd USD Acc | USD | 2.6 |
54 | Amundi Fds II Em Mkts Corporate HY Bond A ND USD | USD | 2.6 |
View full league table |
Fund Name | Currency | Loss | |
---|---|---|---|
52 |
ERSTE BOND EMERGING MARKETS CORPORATE R01 T
Currency exposure is hedged Currency exposure is hedged |
EUR | -1.8% |
52 | Lord Abbett Emerging Markets Crp Dbt Z Acc USD | USD | -1.8% |
54 | PGIM Emerging Market Corp Bd USD Acc | USD | -1.9% |
55 |
Amundi SICAV II EM Corporate Bond I Dis GBP
Currency exposure is hedged Currency exposure is hedged |
GBP | -1.9% |
56 | ERSTE BOND EM CORPORATE IG USD R01 T | USD | -1.9% |
View full league table |
Total Return
Quarterly Performance
to 31/03/2018 | Annual | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|---|
2018 | -1.4% | ||||
2017 | 10.3% | 3.4% | 2.4% | 2.8% | 1.4% |
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
- Germany
- Ireland
- Netherlands
- United Kingdom
Fund Info
- Launch date01/08/2014
- Share Class size27Mn
- Base currencyUSD
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ISIN IE00BFLQZ401
Purchase Info
- Min. initial investment10Mn
- Min. regular additional investment0
Charges
- Annual management0.55%