Definitive Materials Filed by Investment Companies. (497)
06 March 2014 - 6:23AM
Edgar (US Regulatory)
Prudential Investment Portfolios, Inc. 14
Prudential Floating Rate Income Fund
Supplement
dated March 5, 2014 to the Currently Effective Prospectus
and Statement of Additional Information
Effective immediately, Robert Cignarella joins Paul Appleby, CFA,
Joe Lemanowicz, and Brian Juliano as a portfolio manager for the Fund. To reflect this change, the Fund’s Prospectus and
Statement of Additional Information (“SAI”) are hereby changed as follows:
|
I.
|
In the section of the Prospectus entitled
Fund Summary—Management of the Fund
, the following is hereby added to
the table found in this section:
|
Investment Manager
|
Subadviser
|
Portfolio Managers
|
Title
|
Service Date
|
Prudential Investments LLC
|
Prudential Investment Management, Inc.
|
Robert Cignarella, CFA
|
Managing Director
|
March 2014
|
|
II.
|
In the section of the Prospectus entitled
How the Fund is Managed—Portfolio Managers
, the following professional
biography for Mr. Cignarella is hereby added:
|
Robert Cignarella, CFA,
is a Managing
Director and co-Head of Prudential Fixed Income's Leveraged Finance Team, which includes the US and European High Yield Bond and
Bank Loan sector teams. Previously, Mr. Cignarella was a managing director and co-head of high yield and bank loans at Goldman
Sachs Asset Management, also held positions as high yield portfolio manager and high yield and investment grade credit analyst.
Earlier, he was a financial analyst in the investment banking division of Salomon Brothers. Mr. Cignarella received an MBA from
the University of Chicago, and a bachelor’s degree in operations research, and industrial engineering from Cornell University.
He holds the Chartered Financial Analyst (CFA) designation.
|
III.
|
In the section of the SAI entitled
Management & Advisory Arrangements/Additional Information About the Portfolio Managers
– Other Accounts and Ownership of Fund Securities
, the following is hereby added to the table:
|
Subadviser
|
Portfolio Managers
|
Registered Investment Companies
|
Other Pooled Investment Vehicles
|
Other Accounts
|
Ownership of Fund Securities
|
Prudential Investment Management, Inc.
|
Robert Cignarella, CFA
|
0/$0
|
0/$0
|
0/$0
|
None
|
LR578
Bespoke Extracts (QB) (USOTC:BSPK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Bespoke Extracts (QB) (USOTC:BSPK)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Bespoke Extracts Inc (QB) (OTCMarkets): 0 recent articles
More Prudential Investment Portfolios, Inc. 14 News Articles