PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Long-Term Investments 91.2% | |||||
Corporate Bonds 20.7% | |||||
Argentina 0.3% | |||||
YPF SA, Sr. Unsec’d. Notes | 8.500 % | 07/28/25 | 155 | $128,537 | |
Azerbaijan 0.5% | |||||
State Oil Co. of the Azerbaijan Republic, Sr. Unsec’d. Notes | 6.950 | 03/18/30 | 200 | 241,172 | |
Brazil 1.0% | |||||
Petrobras Global Finance BV, | |||||
Gtd. Notes | 5.999 | 01/27/28 | 95 | 104,542 | |
Gtd. Notes | 6.900 | 03/19/49 | 140 | 156,437 | |
Gtd. Notes | 7.375 | 01/17/27 | 18 | 21,175 | |
Gtd. Notes | 8.750 | 05/23/26 | 87 | 108,687 | |
Gtd. Notes, 144A | 5.093 | 01/15/30 | 67 | 69,102 | |
Vale Overseas Ltd., Gtd. Notes | 3.750 | 07/08/30 | 35 | 37,570 | |
497,513 | |||||
Chile 0.5% | |||||
Corp Nacional del Cobre de Chile, Sr. Unsec’d. Notes, 144A | 4.875 | 11/04/44 | 200 | 256,415 | |
China 1.4% | |||||
Country Garden Holdings Co. Ltd., Sr. Sec’d. Notes | 8.000 | 01/27/24 | 200 | 217,667 | |
Sinochem Overseas Capital Co. Ltd., Gtd. Notes | 6.300 | 11/12/40 | 130 | 197,397 | |
Sinopec Group Overseas Development 2018 Ltd., Gtd. Notes, 144A | 3.680 | 08/08/49 | 200 | 240,718 | |
655,782 | |||||
India 0.8% | |||||
HPCL-Mittal Energy Ltd., Sr. Unsec’d. Notes | 5.250 | 04/28/27 | 200 | 194,754 | |
Indian Railway Finance Corp. Ltd., Sr. Unsec’d. Notes, MTN | 3.950 | 02/13/50 | 200 | 190,673 | |
385,427 |
1
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Indonesia 1.9% | |||||
Indonesia Asahan Aluminium Persero PT, Sr. Unsec’d. Notes, 144A | 4.750 % | 05/15/25 | 200 | $220,524 | |
Pelabuhan Indonesia III Persero PT, Sr. Unsec’d. Notes | 4.875 | 10/01/24 | 200 | 217,173 | |
Pertamina Persero PT, Sr. Unsec’d. Notes | 6.000 | 05/03/42 | 200 | 257,724 | |
Saka Energi Indonesia PT, Sr. Unsec’d. Notes | 4.450 | 05/05/24 | 250 | 236,627 | |
932,048 | |||||
Kazakhstan 1.1% | |||||
Kazakhstan Temir Zholy Finance BV, Gtd. Notes | 6.950 | 07/10/42 | 200 | 274,765 | |
KazMunayGas National Co. JSC, Sr. Unsec’d. Notes | 5.750 | 04/19/47 | 200 | 249,308 | |
524,073 | |||||
Kuwait 0.5% | |||||
MEGlobal Canada ULC, Gtd. Notes, 144A, MTN | 5.875 | 05/18/30 | 200 | 237,071 | |
Malaysia 1.8% | |||||
Petroliam Nasional Bhd, Sr. Unsec’d. Notes | 7.625 | 10/15/26 | 250 | 341,195 | |
Petronas Capital Ltd., | |||||
Gtd. Notes, 144A, MTN | 4.550 | 04/21/50 | 200 | 275,190 | |
Gtd. Notes, MTN | 4.550 | 04/21/50 | 200 | 275,189 | |
891,574 | |||||
Mexico 5.0% | |||||
Mexico City Airport Trust, Sr. Sec’d. Notes | 4.250 | 10/31/26 | 400 | 362,215 | |
Nemak SAB de CV, Sr. Unsec’d. Notes | 4.750 | 01/23/25 | 200 | 194,882 | |
Orbia Advance Corp. SAB de CV, Gtd. Notes | 5.500 | 01/15/48 | 200 | 220,083 | |
Petroleos Mexicanos, | |||||
Gtd. Notes | 6.350 | 02/12/48 | 170 | 133,996 | |
Gtd. Notes | 6.500 | 03/13/27 | 465 | 443,656 | |
Gtd. Notes | 6.500 | 01/23/29 | 205 | 189,135 |
2
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Mexico (cont’d.) | |||||
Petroleos Mexicanos, (cont’d.) | |||||
Gtd. Notes | 6.500 % | 06/02/41(a) | 435 | $352,347 | |
Gtd. Notes | 7.690 | 01/23/50 | 110 | 96,472 | |
Gtd. Notes, 144A | 5.950 | 01/28/31 | 75 | 64,514 | |
Gtd. Notes, 144A | 6.490 | 01/23/27 | 20 | 19,100 | |
Gtd. Notes, 144A | 6.840 | 01/23/30 | 143 | 132,695 | |
Gtd. Notes, 144A | 7.690 | 01/23/50 | 75 | 65,776 | |
Gtd. Notes, MTN | 6.875 | 08/04/26 | 160 | 159,132 | |
2,434,003 | |||||
Russia 1.3% | |||||
Gazprom PJSC Via Gaz Capital SA, | |||||
Sr. Unsec’d. Notes, EMTN | 7.288 | 08/16/37 | 100 | 144,086 | |
Sr. Unsec’d. Notes, EMTN | 8.625 | 04/28/34 | 325 | 497,738 | |
641,824 | |||||
Saudi Arabia 0.5% | |||||
Saudi Arabian Oil Co., Sr. Unsec’d. Notes, EMTN | 4.250 | 04/16/39 | 200 | 241,098 | |
South Africa 1.6% | |||||
Eskom Holdings SOC Ltd., | |||||
Gov’t. Gtd. Notes, MTN | 6.350 | 08/10/28 | 200 | 201,512 | |
Sr. Unsec’d. Notes | 7.125 | 02/11/25 | 200 | 191,450 | |
Sr. Unsec’d. Notes, EMTN | 6.750 | 08/06/23 | 200 | 192,200 | |
Sr. Unsec’d. Notes, MTN | 8.450 | 08/10/28 | 200 | 195,301 | |
780,463 | |||||
Trinidad & Tobago 0.2% | |||||
Trinidad Petroleum Holdings Ltd., Sr. Sec’d. Notes, 144A | 9.750 | 06/15/26 | 91 | 94,607 | |
Tunisia 0.6% | |||||
Banque Centrale de Tunisie International Bond, | |||||
Sr. Unsec’d. Notes | 5.625 | 02/17/24 | EUR | 140 | 150,760 |
Sr. Unsec’d. Notes | 6.750 | 10/31/23 | EUR | 100 | 111,539 |
262,299 |
3
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Ukraine 0.2% | |||||
NAK Naftogaz Ukraine via Kondor Finance PLC, Sr. Unsec’d. Notes | 7.125 % | 07/19/24 | EUR | 100 | $114,707 |
United Arab Emirates 1.0% | |||||
Abu Dhabi Crude Oil Pipeline LLC, Sr. Sec’d. Notes | 3.650 | 11/02/29 | 200 | 231,795 | |
DP World PLC, Sr. Unsec’d. Notes, EMTN | 6.850 | 07/02/37 | 200 | 267,719 | |
499,514 | |||||
United States 0.4% | |||||
JBS Investments II GmbH, Gtd. Notes, 144A | 5.750 | 01/15/28 | 200 | 212,566 | |
Venezuela 0.1% | |||||
Petroleos de Venezuela SA, | |||||
First Lien | 8.500 | 10/27/20 | 205 | 20,500 | |
Sr. Unsec’d. Notes | 5.375 | 04/12/27(d) | 205 | 5,125 | |
Sr. Unsec’d. Notes | 6.000 | 05/16/24(d) | 45 | 1,125 | |
Sr. Unsec’d. Notes | 6.000 | 11/15/26(d) | 65 | 1,625 | |
28,375 | |||||
Total Corporate Bonds (cost $10,123,719) | 10,059,068 | ||||
Sovereign Bonds 70.5% | |||||
Angola 1.8% | |||||
Angolan Government International Bond, | |||||
Sr. Unsec’d. Notes | 8.250 | 05/09/28 | 200 | 169,020 | |
Sr. Unsec’d. Notes | 9.500 | 11/12/25 | 400 | 364,874 | |
Sr. Unsec’d. Notes, 144A | 9.375 | 05/08/48 | 200 | 164,034 | |
Sr. Unsec’d. Notes, EMTN | 8.000 | 11/26/29 | 200 | 166,627 | |
864,555 | |||||
Argentina 2.4% | |||||
Argentine Republic Government International Bond, | |||||
Sr. Unsec’d. Notes | 3.375 | 01/15/23 | EUR | 300 | 149,377 |
Sr. Unsec’d. Notes | 3.380(cc) | 12/31/38 | EUR | 70 | 32,983 |
Sr. Unsec’d. Notes | 3.750(cc) | 12/31/38 | 110 | 45,783 |
4
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Argentina (cont’d.) | |||||
Argentine Republic Government International Bond, (cont’d.) | |||||
Sr. Unsec’d. Notes | 3.875 % | 01/15/22 | EUR | 200 | $100,046 |
Sr. Unsec’d. Notes | 4.625 | 01/11/23 | 40 | 17,650 | |
Sr. Unsec’d. Notes | 5.625 | 01/26/22 | 260 | 114,797 | |
Sr. Unsec’d. Notes | 6.875 | 04/22/21 | 390 | 175,276 | |
Sr. Unsec’d. Notes | 6.875 | 01/11/48 | 30 | 12,315 | |
Sr. Unsec’d. Notes | 7.820 | 12/31/33 | EUR | 275 | 153,652 |
Sr. Unsec’d. Notes | 7.820 | 12/31/33 | EUR | 179 | 99,517 |
Sr. Unsec’d. Notes | 8.280 | 12/31/33 | 210 | 106,797 | |
Sr. Unsec’d. Notes | 8.280 | 12/31/33 | 42 | 21,120 | |
Provincia de Buenos Aires, | |||||
Sr. Unsec’d. Notes | 5.375 | 01/20/23 | EUR | 100 | 49,001 |
Sr. Unsec’d. Notes, 144A | 9.125 | 03/16/24 | 245 | 107,301 | |
1,185,615 | |||||
Bahrain 1.4% | |||||
Bahrain Government International Bond, | |||||
Sr. Unsec’d. Notes | 6.750 | 09/20/29 | 200 | 221,368 | |
Sr. Unsec’d. Notes | 7.000 | 01/26/26 | 200 | 224,188 | |
Sr. Unsec’d. Notes | 7.500 | 09/20/47 | 200 | 223,480 | |
669,036 | |||||
Belarus 0.4% | |||||
Republic of Belarus International Bond, Sr. Unsec’d. Notes | 7.625 | 06/29/27 | 200 | 208,575 | |
Brazil 2.3% | |||||
Brazil Minas SPE via State of Minas Gerais, Gov’t. Gtd. Notes | 5.333 | 02/15/28 | 228 | 233,700 | |
Brazilian Government International Bond, | |||||
Sr. Unsec’d. Notes | 5.625 | 01/07/41 | 120 | 136,211 | |
Sr. Unsec’d. Notes | 7.125 | 01/20/37 | 375 | 482,195 | |
Sr. Unsec’d. Notes | 8.250 | 01/20/34 | 205 | 283,197 | |
1,135,303 | |||||
Cameroon 0.4% | |||||
Republic of Cameroon International Bond, Sr. Unsec’d. Notes | 9.500 | 11/19/25 | 200 | 209,270 |
5
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Colombia 2.1% | |||||
Colombia Government International Bond, | |||||
Sr. Unsec’d. Notes | 6.125 % | 01/18/41 | 135 | $181,319 | |
Sr. Unsec’d. Notes | 7.375 | 09/18/37 | 575 | 839,020 | |
1,020,339 | |||||
Congo (Republic) 0.1% | |||||
Congolese International Bond, Sr. Unsec’d. Notes | 6.000 | 06/30/29 | 85 | 66,881 | |
Costa Rica 1.1% | |||||
Costa Rica Government International Bond, | |||||
Sr. Unsec’d. Notes | 4.375 | 04/30/25 | 400 | 370,238 | |
Sr. Unsec’d. Notes | 7.158 | 03/12/45 | 200 | 178,663 | |
548,901 | |||||
Croatia 0.5% | |||||
Croatia Government International Bond, | |||||
Sr. Unsec’d. Notes | 2.750 | 01/27/30 | EUR | 100 | 137,375 |
Unsec’d. Notes | 1.500 | 06/17/31 | EUR | 100 | 122,507 |
259,882 | |||||
Dominican Republic 2.8% | |||||
Dominican Republic International Bond, | |||||
Sr. Unsec’d. Notes | 5.875 | 04/18/24 | 305 | 320,308 | |
Sr. Unsec’d. Notes | 6.875 | 01/29/26 | 400 | 440,649 | |
Sr. Unsec’d. Notes | 7.450 | 04/30/44 | 540 | 608,310 | |
1,369,267 | |||||
Ecuador 1.2% | |||||
Ecuador Government International Bond, | |||||
Sr. Unsec’d. Notes | 8.750 | 06/02/23 | 400 | 212,952 | |
Sr. Unsec’d. Notes | 8.875 | 10/23/27 | 500 | 255,691 | |
Sr. Unsec’d. Notes | 10.650(cc) | 01/31/29 | 200 | 101,735 | |
570,378 | |||||
Egypt 2.2% | |||||
Egypt Government International Bond, | |||||
Sr. Unsec’d. Notes | 7.625 | 05/29/32 | 200 | 195,696 |
6
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Egypt (cont’d.) | |||||
Egypt Government International Bond, (cont’d.) | |||||
Sr. Unsec’d. Notes, 144A, MTN | 6.375 % | 04/11/31 | EUR | 200 | $218,399 |
Sr. Unsec’d. Notes, EMTN | 4.750 | 04/16/26 | EUR | 200 | 223,222 |
Sr. Unsec’d. Notes, MTN | 7.500 | 01/31/27 | 200 | 209,117 | |
Sr. Unsec’d. Notes, MTN | 8.500 | 01/31/47 | 250 | 246,747 | |
1,093,181 | |||||
El Salvador 1.3% | |||||
El Salvador Government International Bond, | |||||
Sr. Unsec’d. Notes | 6.375 | 01/18/27 | 325 | 289,564 | |
Sr. Unsec’d. Notes | 7.650 | 06/15/35 | 57 | 51,265 | |
Sr. Unsec’d. Notes | 7.750 | 01/24/23 | 145 | 142,693 | |
Sr. Unsec’d. Notes | 8.250 | 04/10/32 | 145 | 137,716 | |
621,238 | |||||
Gabon 0.8% | |||||
Gabon Government International Bond, | |||||
Bonds | 6.375 | 12/12/24 | 200 | 197,181 | |
Sr. Unsec’d. Notes | 6.950 | 06/16/25 | 200 | 196,724 | |
393,905 | |||||
Ghana 1.6% | |||||
Ghana Government International Bond, | |||||
Bank Gtd. Notes | 10.750 | 10/14/30 | 200 | 239,508 | |
Sr. Unsec’d. Notes | 7.875 | 03/26/27 | 200 | 194,945 | |
Sr. Unsec’d. Notes, 144A | 6.375 | 02/11/27 | 200 | 184,685 | |
Sr. Unsec’d. Notes, 144A | 7.875 | 02/11/35 | 200 | 177,478 | |
796,616 | |||||
Guatemala 0.5% | |||||
Guatemala Government Bond, Sr. Unsec’d. Notes | 4.875 | 02/13/28 | 200 | 221,896 | |
Honduras 0.5% | |||||
Honduras Government International Bond, Sr. Unsec’d. Notes | 7.500 | 03/15/24 | 200 | 218,524 |
7
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Hungary 1.3% | |||||
Hungary Government International Bond, | |||||
Sr. Unsec’d. Notes | 1.750 % | 06/05/35 | EUR | 167 | $206,712 |
Sr. Unsec’d. Notes | 7.625 | 03/29/41 | 240 | 421,034 | |
627,746 | |||||
India 0.4% | |||||
Export-Import Bank of India, Sr. Unsec’d. Notes, 144A, MTN | 3.250 | 01/15/30 | 200 | 202,819 | |
Indonesia 2.9% | |||||
Indonesia Government International Bond, | |||||
Sr. Unsec’d. Notes | 1.450 | 09/18/26 | EUR | 100 | 118,866 |
Sr. Unsec’d. Notes | 4.450 | 04/15/70 | 200 | 249,707 | |
Sr. Unsec’d. Notes | 7.750 | 01/17/38 | 160 | 253,395 | |
Sr. Unsec’d. Notes | 8.500 | 10/12/35 | 150 | 245,415 | |
Sr. Unsec’d. Notes, EMTN | 3.750 | 06/14/28 | EUR | 100 | 136,870 |
Sr. Unsec’d. Notes, EMTN | 4.625 | 04/15/43 | 200 | 245,877 | |
Sr. Unsec’d. Notes, EMTN | 6.750 | 01/15/44 | 100 | 154,107 | |
1,404,237 | |||||
Iraq 0.8% | |||||
Iraq International Bond, | |||||
Sr. Unsec’d. Notes | 5.800 | 01/15/28 | 234 | 216,539 | |
Sr. Unsec’d. Notes | 6.752 | 03/09/23 | 200 | 190,615 | |
407,154 | |||||
Israel 0.6% | |||||
Israel Government International Bond, Sr. Unsec’d. Notes | 4.500 | 04/03/2120 | 200 | 292,695 | |
Ivory Coast 1.2% | |||||
Ivory Coast Government International Bond, | |||||
Sr. Unsec’d. Notes | 5.875 | 10/17/31 | EUR | 100 | 109,740 |
Sr. Unsec’d. Notes | 6.375 | 03/03/28 | 200 | 204,132 | |
Sr. Unsec’d. Notes | 6.625 | 03/22/48 | EUR | 100 | 104,396 |
Sr. Unsec’d. Notes | 6.875 | 10/17/40 | EUR | 150 | 164,340 |
582,608 |
8
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Jamaica 1.1% | |||||
Jamaica Government International Bond, | |||||
Sr. Unsec’d. Notes | 7.625 % | 07/09/25 | 225 | $257,672 | |
Sr. Unsec’d. Notes | 8.000 | 03/15/39 | 200 | 263,449 | |
521,121 | |||||
Jordan 0.4% | |||||
Jordan Government International Bond, Sr. Unsec’d. Notes | 7.375 | 10/10/47 | 200 | 208,769 | |
Kazakhstan 0.6% | |||||
Kazakhstan Government International Bond, Sr. Unsec’d. Notes, EMTN | 6.500 | 07/21/45 | 200 | 312,311 | |
Kenya 0.8% | |||||
Kenya Government International Bond, | |||||
Sr. Unsec’d. Notes | 7.000 | 05/22/27 | 200 | 196,873 | |
Sr. Unsec’d. Notes | 8.250 | 02/28/48 | 200 | 195,428 | |
392,301 | |||||
Lebanon 0.4% | |||||
Lebanon Government International Bond, | |||||
Sr. Unsec’d. Notes | 6.000 | 01/27/23(d) | 102 | 17,437 | |
Sr. Unsec’d. Notes | 6.650 | 04/22/24(d) | 52 | 8,751 | |
Sr. Unsec’d. Notes | 6.750 | 11/29/27(d) | 20 | 3,312 | |
Sr. Unsec’d. Notes | 7.000 | 04/22/31(d) | 35 | 5,623 | |
Sr. Unsec’d. Notes, EMTN | 6.100 | 10/04/22(d) | 65 | 11,700 | |
Sr. Unsec’d. Notes, EMTN | 6.850 | 05/25/29(d) | 140 | 22,491 | |
Sr. Unsec’d. Notes, GMTN | 6.250 | 05/27/22(d) | 115 | 20,463 | |
Sr. Unsec’d. Notes, GMTN | 6.400 | 05/26/23(d) | 150 | 25,284 | |
Sr. Unsec’d. Notes, GMTN | 6.650 | 02/26/30(d) | 400 | 65,324 | |
Sr. Unsec’d. Notes, GMTN | 7.150 | 11/20/31(d) | 45 | 6,920 | |
187,305 | |||||
Luxembourg 0.2% | |||||
Ecuador Social Bond Sarl, Gov’t. Gtd. Notes, 144A | 4.573(s) | 01/30/35 | 193 | 120,949 |
9
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Mexico 0.6% | |||||
Mexico Government International Bond, | |||||
Sr. Unsec’d. Notes, GMTN | 5.750 % | 10/12/2110 | 126 | $150,866 | |
Sr. Unsec’d. Notes, MTN | 6.050 | 01/11/40 | 122 | 158,152 | |
309,018 | |||||
Morocco 0.2% | |||||
Morocco Government International Bond, Sr. Unsec’d. Notes | 1.500 | 11/27/31 | EUR | 100 | 113,341 |
Mozambique 0.4% | |||||
Mozambique International Bond, Unsec’d. Notes | 5.000(cc) | 09/15/31 | 200 | 171,035 | |
Namibia 0.4% | |||||
Namibia International Bonds, Sr. Unsec’d. Notes | 5.250 | 10/29/25 | 200 | 200,441 | |
Nigeria 1.7% | |||||
Nigeria Government International Bond, | |||||
Sr. Unsec’d. Notes | 7.625 | 11/21/25 | 200 | 206,080 | |
Sr. Unsec’d. Notes | 8.747 | 01/21/31 | 400 | 411,504 | |
Sr. Unsec’d. Notes, 144A | 7.696 | 02/23/38 | 200 | 186,446 | |
804,030 | |||||
Oman 1.2% | |||||
Oman Government International Bond, | |||||
Sr. Unsec’d. Notes | 4.750 | 06/15/26 | 200 | 186,625 | |
Sr. Unsec’d. Notes | 6.500 | 03/08/47 | 225 | 199,544 | |
Sr. Unsec’d. Notes, 144A | 6.750 | 01/17/48 | 200 | 177,394 | |
563,563 | |||||
Pakistan 0.8% | |||||
Pakistan Government International Bond, Sr. Unsec’d. Notes | 8.250 | 09/30/25 | 370 | 389,938 |
10
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Panama 1.9% | |||||
Panama Government International Bond, | |||||
Sr. Unsec’d. Notes | 6.700 % | 01/26/36 | 485 | $745,438 | |
Sr. Unsec’d. Notes | 9.375 | 04/01/29 | 105 | 164,897 | |
910,335 | |||||
Papua New Guinea 0.4% | |||||
Papua New Guinea Government International Bond, Sr. Unsec’d. Notes, 144A | 8.375 | 10/04/28 | 200 | 191,551 | |
Paraguay 0.5% | |||||
Paraguay Government International Bond, Sr. Unsec’d. Notes | 4.700 | 03/27/27 | 200 | 227,779 | |
Peru 1.9% | |||||
Peruvian Government International Bond, | |||||
Sr. Unsec’d. Notes | 2.783 | 01/23/31 | 30 | 33,451 | |
Sr. Unsec’d. Notes | 5.625 | 11/18/50 | 50 | 85,133 | |
Sr. Unsec’d. Notes | 6.550 | 03/14/37 | 75 | 120,279 | |
Sr. Unsec’d. Notes | 8.750 | 11/21/33 | 405 | 707,057 | |
945,920 | |||||
Philippines 1.9% | |||||
Philippine Government International Bond, | |||||
Sr. Unsec’d. Notes | 2.950 | 05/05/45 | 200 | 223,886 | |
Sr. Unsec’d. Notes | 3.950 | 01/20/40 | 200 | 247,444 | |
Sr. Unsec’d. Notes | 6.375 | 10/23/34 | 100 | 151,343 | |
Sr. Unsec’d. Notes | 7.750 | 01/14/31 | 200 | 311,456 | |
934,129 | |||||
Qatar 3.2% | |||||
Qatar Government International Bond, | |||||
Sr. Unsec’d. Notes | 5.103 | 04/23/48 | 600 | 882,990 | |
Sr. Unsec’d. Notes, 144A | 4.817 | 03/14/49 | 455 | 650,299 | |
1,533,289 | |||||
Romania 1.8% | |||||
Romanian Government International Bond, | |||||
Sr. Unsec’d. Notes | 5.125 | 06/15/48 | 70 | 86,856 | |
Sr. Unsec’d. Notes, 144A | 4.000 | 02/14/51 | 20 | 21,036 |
11
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
Romania (cont’d.) | |||||
Romanian Government International Bond, (cont’d.) | |||||
Sr. Unsec’d. Notes, 144A | 5.125 % | 06/15/48 | 44 | $54,595 | |
Sr. Unsec’d. Notes, 144A, MTN | 4.625 | 04/03/49 | EUR | 23 | 32,525 |
Sr. Unsec’d. Notes, EMTN | 4.125 | 03/11/39 | EUR | 213 | 284,900 |
Sr. Unsec’d. Notes, EMTN | 4.625 | 04/03/49 | EUR | 103 | 145,658 |
Sr. Unsec’d. Notes, EMTN | 6.125 | 01/22/44 | 192 | 262,790 | |
888,360 | |||||
Russia 2.7% | |||||
Russian Foreign Bond - Eurobond, | |||||
Sr. Unsec’d. Notes | 5.100 | 03/28/35 | 400 | 500,470 | |
Sr. Unsec’d. Notes | 5.625 | 04/04/42 | 400 | 546,940 | |
Sr. Unsec’d. Notes | 12.750 | 06/24/28 | 140 | 242,126 | |
1,289,536 | |||||
Saudi Arabia 2.3% | |||||
Saudi Government International Bond, | |||||
Sr. Unsec’d. Notes, 144A | 5.250 | 01/16/50 | 400 | 569,573 | |
Sr. Unsec’d. Notes, EMTN | 4.625 | 10/04/47 | 200 | 258,884 | |
Sr. Unsec’d. Notes, EMTN | 5.000 | 04/17/49 | 200 | 274,046 | |
1,102,503 | |||||
Senegal 0.4% | |||||
Senegal Government International Bond, Sr. Unsec’d. Notes, 144A | 6.750 | 03/13/48 | 205 | 194,589 | |
Serbia 0.7% | |||||
Serbia International Bond, | |||||
Sr. Unsec’d. Notes | 1.500 | 06/26/29 | EUR | 200 | 225,621 |
Sr. Unsec’d. Notes, 144A | 3.125 | 05/15/27 | EUR | 100 | 125,350 |
350,971 | |||||
South Africa 1.5% | |||||
Republic of South Africa Government Bond, | |||||
Sr. Unsec’d. Notes, Series 2030 | 8.000 | 01/31/30 | ZAR | 340 | 18,356 |
Sr. Unsec’d. Notes, Series 2032 | 8.250 | 03/31/32 | ZAR | 755 | 38,432 |
Republic of South Africa Government International Bond, | |||||
Sr. Unsec’d. Notes | 4.300 | 10/12/28 | 200 | 188,202 |
12
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
South Africa (cont’d.) | |||||
Republic of South Africa Government International Bond, (cont’d.) | |||||
Sr. Unsec’d. Notes | 4.875 % | 04/14/26 | 200 | $201,879 | |
Sr. Unsec’d. Notes | 5.750 | 09/30/49 | 200 | 178,249 | |
Sr. Unsec’d. Notes | 6.250 | 03/08/41 | 100 | 98,561 | |
723,679 | |||||
Sri Lanka 2.1% | |||||
Sri Lanka Government International Bond, | |||||
Sr. Unsec’d. Notes | 5.750 | 01/18/22 | 200 | 174,031 | |
Sr. Unsec’d. Notes | 6.200 | 05/11/27 | 200 | 147,234 | |
Sr. Unsec’d. Notes | 6.250 | 10/04/20 | 100 | 97,001 | |
Sr. Unsec’d. Notes | 6.350 | 06/28/24 | 200 | 159,103 | |
Sr. Unsec’d. Notes | 6.850 | 11/03/25 | 550 | 424,134 | |
1,001,503 | |||||
Turkey 2.0% | |||||
Turkey Government International Bond, | |||||
Sr. Unsec’d. Notes | 4.250 | 04/14/26 | 200 | 174,693 | |
Sr. Unsec’d. Notes | 5.600 | 11/14/24 | 320 | 304,991 | |
Sr. Unsec’d. Notes | 5.750 | 05/11/47 | 200 | 159,004 | |
Sr. Unsec’d. Notes | 6.000 | 01/14/41 | 200 | 166,903 | |
Sr. Unsec’d. Notes | 6.875 | 03/17/36 | 95 | 88,168 | |
Sr. Unsec’d. Notes | 7.375 | 02/05/25 | 20 | 20,329 | |
Sr. Unsec’d. Notes | 7.625 | 04/26/29 | 80 | 81,173 | |
995,261 | |||||
Ukraine 3.9% | |||||
Ukraine Government International Bond, | |||||
Sr. Unsec’d. Notes | 0.000(cc) | 05/31/40 | 114 | 99,855 | |
Sr. Unsec’d. Notes | 6.750 | 06/20/26 | EUR | 400 | 473,602 |
Sr. Unsec’d. Notes | 7.750 | 09/01/25 | 215 | 221,910 | |
Sr. Unsec’d. Notes | 7.750 | 09/01/26 | 350 | 358,902 | |
Sr. Unsec’d. Notes | 7.750 | 09/01/27 | 100 | 102,152 | |
Sr. Unsec’d. Notes | 9.750 | 11/01/28 | 200 | 223,380 | |
Sr. Unsec’d. Notes, 144A | 7.253 | 03/15/33 | 200 | 194,681 | |
Ukreximbank Via Biz Finance PLC, Sr. Unsec’d. Notes | 9.750 | 01/22/25 | 200 | 206,823 | |
1,881,305 |
13
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Sovereign Bonds (Continued) | |||||
United Arab Emirates 1.9% | |||||
Abu Dhabi Government International Bond, | |||||
Sr. Unsec’d. Notes | 3.125 % | 09/30/49 | 200 | $223,916 | |
Sr. Unsec’d. Notes, 144A, MTN | 3.875 | 04/16/50 | 200 | 253,575 | |
Emirate of Dubai Government International Bonds, Sr. Unsec’d. Notes, EMTN | 5.250 | 01/30/43 | 200 | 229,660 | |
Finance Department Government of Sharjah, Sr. Unsec’d. Notes, 144A, MTN | 4.000 | 07/28/50 | 200 | 210,428 | |
917,579 | |||||
Uruguay 1.5% | |||||
Uruguay Government International Bond, | |||||
Sr. Unsec’d. Notes | 4.125 | 11/20/45 | 40 | 49,420 | |
Sr. Unsec’d. Notes | 4.975 | 04/20/55 | 135 | 187,638 | |
Sr. Unsec’d. Notes | 5.100 | 06/18/50 | 120 | 167,848 | |
Sr. Unsec’d. Notes | 7.625 | 03/21/36 | 215 | 342,505 | |
747,411 | |||||
Venezuela 0.0% | |||||
Venezuela Government International Bond, Sr. Unsec’d. Notes | 12.750 | 08/23/22(d) | 180 | 12,541 | |
Zambia 0.5% | |||||
Zambia Government International Bond, | |||||
Sr. Unsec’d. Notes | 8.500 | 04/14/24 | 200 | 111,203 | |
Sr. Unsec’d. Notes | 8.970 | 07/30/27 | 200 | 113,466 | |
224,669 | |||||
Total Sovereign Bonds (cost $35,514,948) | 34,337,653 | ||||
Total Long-Term Investments (cost $45,638,667) | 44,396,721 |
Shares | |||||
Short-Term Investments 16.4% | |||||
Affiliated Mutual Funds | |||||
PGIM Core Ultra Short Bond Fund(w) | 7,638,589 | 7,638,589 |
14
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Description | Shares | Value | |||
Affiliated Mutual Funds (Continued) | |||||
PGIM Institutional Money Market Fund (cost $364,112; includes $363,980 of cash collateral for securities on loan)(b)(w) | 364,112 | $364,076 | |||
Total Short-Term Investments (cost $8,002,701) | 8,002,665 | ||||
TOTAL INVESTMENTS 107.6% (cost $53,641,368) | 52,399,386 | ||||
Liabilities in excess of other assets(z) (7.6)% | (3,710,721) | ||||
Net Assets 100.0% | $48,688,665 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
AUD—Australian Dollar | |
BRL—Brazilian Real | |
CLP—Chilean Peso | |
CNH—Chinese Renminbi | |
COP—Colombian Peso | |
CZK—Czech Koruna | |
EUR—Euro | |
HUF—Hungarian Forint | |
IDR—Indonesian Rupiah | |
ILS—Israeli Shekel | |
INR—Indian Rupee | |
JPY—Japanese Yen | |
KRW—South Korean Won | |
MXN—Mexican Peso | |
PEN—Peruvian Nuevo Sol | |
PHP—Philippine Peso | |
PLN—Polish Zloty | |
RUB—Russian Ruble | |
SGD—Singapore Dollar | |
THB—Thai Baht | |
TRY—Turkish Lira | |
TWD—New Taiwanese Dollar | |
ZAR—South African Rand |
��
144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers. | |
EMTN—Euro Medium Term Note | |
GMTN—Global Medium Term Note | |
M—Monthly payment frequency for swaps | |
MTN—Medium Term Note | |
OTC—Over-the-counter | |
PJSC—Public Joint-Stock Company | |
Q—Quarterly payment frequency for swaps |
# | Principal or notional amount is shown in U.S. dollars unless otherwise stated. |
15
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $352,528; cash collateral of $363,980 (included in liabilities) was received with which the Series purchased highly liquid short-term investments. In the event of significant appreciation in value of securities on loan on the last business day of the reporting period, the Series may reflect a collateral value that is less than the market value of the loaned securities and such shortfall is remedied the following business day. |
(b) | Represents security, or portion thereof, purchased with cash collateral received for securities on loan and includes dividend reinvestment. |
(cc) | Variable rate instrument. The rate shown is based on the latest available information as of July 31, 2020. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description. |
(d) | Represents issuer in default on interest payments and/or principal repayment. Non-income producing security. Such securities may be post-maturity. |
(s) | Represents zero coupon bond or principal only security. Rate represents yield to maturity at purchase date. |
(w) | PGIM Investments LLC, the manager of the Series, also serves as manager of the PGIM Core Ultra Short Bond Fund and PGIM Institutional Money Market Fund. |
(z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments: |
Futures contracts outstanding at July 31, 2020: | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
21 | 10 Year U.S. Treasury Notes | Sep. 2020 | $2,941,641 | $27,814 | ||||
4 | 30 Year U.S. Ultra Treasury Bonds | Sep. 2020 | 910,750 | 41,338 | ||||
69,152 | ||||||||
Short Positions: | ||||||||
1 | 5 Year Euro-Bobl | Sep. 2020 | 159,306 | (201) | ||||
8 | 5 Year U.S. Treasury Notes | Sep. 2020 | 1,009,000 | (2,494) | ||||
10 | 10 Year Euro-Bund | Sep. 2020 | 2,091,097 | (20,823) | ||||
13 | 20 Year U.S. Treasury Bonds | Sep. 2020 | 2,369,656 | (76,208) | ||||
1 | Euro Schatz Index | Sep. 2020 | 132,130 | (125) | ||||
(99,851) | ||||||||
$(30,699) |
Forward foreign currency exchange contracts outstanding at July 31, 2020:
Purchase Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts: | |||||||||||||
Brazilian Real, | |||||||||||||
Expiring 08/04/20 | Citibank, N.A. | BRL | 258 | $47,488 | $49,480 | $1,992 | $— | ||||||
Expiring 08/04/20 | JPMorgan Chase Bank, N.A. | BRL | 239 | 44,800 | 45,873 | 1,073 | — |
16
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2020 (continued):
Purchase Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
Brazilian Real (cont’d.), | |||||||||||||
Expiring 08/04/20 | JPMorgan Chase Bank, N.A. | BRL | 236 | $44,000 | $45,182 | $1,182 | $— | ||||||
Expiring 08/04/20 | Morgan Stanley & Co. International PLC | BRL | 418 | 79,655 | 80,197 | 542 | — | ||||||
Expiring 08/04/20 | Morgan Stanley & Co. International PLC | BRL | 176 | 33,000 | 33,661 | 661 | — | ||||||
Expiring 09/02/20 | BNP Paribas S.A. | BRL | 306 | 59,000 | 58,650 | — | (350) | ||||||
Expiring 09/02/20 | Morgan Stanley & Co. International PLC | BRL | 209 | 40,250 | 39,952 | — | (298) | ||||||
Chilean Peso, | |||||||||||||
Expiring 09/16/20 | Barclays Bank PLC | CLP | 49,856 | 64,000 | 65,884 | 1,884 | — | ||||||
Expiring 09/16/20 | Citibank, N.A. | CLP | 38,689 | 47,548 | 51,127 | 3,579 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | CLP | 75,001 | 98,000 | 99,113 | 1,113 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | CLP | 72,542 | 91,000 | 95,864 | 4,864 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | CLP | 61,502 | 80,000 | 81,275 | 1,275 | — | ||||||
Chinese Renminbi, | |||||||||||||
Expiring 08/07/20 | BNP Paribas S.A. | CNH | 782 | 109,000 | 111,770 | 2,770 | — | ||||||
Expiring 08/07/20 | Citibank, N.A. | CNH | 1,516 | 214,000 | 216,713 | 2,713 | — | ||||||
Expiring 08/07/20 | Citibank, N.A. | CNH | 1,134 | 160,000 | 162,096 | 2,096 | — | ||||||
Expiring 08/07/20 | Citibank, N.A. | CNH | 1,095 | 154,000 | 156,516 | 2,516 | — | ||||||
Expiring 08/07/20 | Citibank, N.A. | CNH | 986 | 141,000 | 141,045 | 45 | — | ||||||
Expiring 08/07/20 | HSBC Bank USA, N.A. | CNH | 1,736 | 247,466 | 248,207 | 741 | — | ||||||
Expiring 08/07/20 | HSBC Bank USA, N.A. | CNH | 1,225 | 173,000 | 175,142 | 2,142 | — | ||||||
Expiring 08/07/20 | JPMorgan Chase Bank, N.A. | CNH | 669 | 94,572 | 95,636 | 1,064 | — | ||||||
Expiring 08/07/20 | UBS AG | CNH | 1,477 | 210,552 | 211,239 | 687 | — | ||||||
Expiring 08/07/20 | UBS AG | CNH | 460 | 65,615 | 65,714 | 99 | — | ||||||
Expiring 05/14/21 | Citibank, N.A. | CNH | 994 | 142,393 | 139,813 | — | (2,580) | ||||||
Colombian Peso, | |||||||||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | COP | 202,301 | 54,000 | 53,999 | — | (1) | ||||||
Czech Koruna, | |||||||||||||
Expiring 10/19/20 | Barclays Bank PLC | CZK | 2,301 | 104,000 | 103,316 | — | (684) | ||||||
Expiring 10/19/20 | Goldman Sachs International | CZK | 2,111 | 89,205 | 94,784 | 5,579 | — | ||||||
Expiring 10/19/20 | HSBC Bank USA, N.A. | CZK | 2,101 | 94,000 | 94,318 | 318 | — | ||||||
Expiring 10/19/20 | Morgan Stanley & Co. International PLC | CZK | 1,984 | 88,000 | 89,074 | 1,074 | — |
17
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2020 (continued):
Purchase Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
Czech Koruna (cont’d.), | |||||||||||||
Expiring 10/19/20 | Morgan Stanley & Co. International PLC | CZK | 1,390 | $62,378 | $62,417 | $39 | $— | ||||||
Expiring 10/19/20 | UBS AG | CZK | 540 | 23,752 | 24,269 | 517 | — | ||||||
Euro, | |||||||||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | EUR | 52 | 61,500 | 61,470 | — | (30) | ||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | EUR | 51 | 60,031 | 59,734 | — | (297) | ||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | EUR | 43 | 48,698 | 50,400 | 1,702 | — | ||||||
Expiring 10/19/20 | Morgan Stanley & Co. International PLC | EUR | 110 | 129,543 | 129,580 | 37 | — | ||||||
Hungarian Forint, | |||||||||||||
Expiring 10/19/20 | Barclays Bank PLC | HUF | 21,220 | 73,000 | 72,547 | — | (453) | ||||||
Expiring 10/19/20 | Citibank, N.A. | HUF | 12,529 | 42,768 | 42,832 | 64 | — | ||||||
Expiring 10/19/20 | Citibank, N.A. | HUF | 10,044 | 33,500 | 34,338 | 838 | — | ||||||
Expiring 10/19/20 | HSBC Bank USA, N.A. | HUF | 10,023 | 33,500 | 34,266 | 766 | — | ||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | HUF | 19,953 | 68,000 | 68,213 | 213 | — | ||||||
Expiring 10/19/20 | UBS AG | HUF | 27,314 | 93,000 | 93,380 | 380 | — | ||||||
Indian Rupee, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | INR | 3,620 | 47,488 | 48,068 | 580 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | INR | 7,492 | 99,000 | 99,476 | 476 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | INR | 9,134 | 121,000 | 121,271 | 271 | — | ||||||
Indonesian Rupiah, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | IDR | 480,454 | 32,724 | 32,393 | — | (331) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | IDR | 920,115 | 63,000 | 62,035 | — | (965) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | IDR | 882,233 | 58,465 | 59,481 | 1,016 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | IDR | 844,623 | 55,421 | 56,945 | 1,524 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | IDR | 710,129 | 48,689 | 47,878 | — | (811) | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | IDR | 455,740 | 30,201 | 30,726 | 525 | — | ||||||
Expiring 09/16/20 | The Toronto-Dominion Bank | IDR | 1,196,691 | 79,209 | 80,682 | 1,473 | — | ||||||
Israeli Shekel, | |||||||||||||
Expiring 09/16/20 | Barclays Bank PLC | ILS | 283 | 83,235 | 83,236 | 1 | — |
18
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2020 (continued):
Purchase Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
Israeli Shekel (cont’d.), | |||||||||||||
Expiring 09/16/20 | Barclays Bank PLC | ILS | 153 | $44,933 | $44,950 | $17 | $— | ||||||
Expiring 09/16/20 | Citibank, N.A. | ILS | 513 | 149,000 | 150,930 | 1,930 | — | ||||||
Expiring 09/16/20 | Goldman Sachs International | ILS | 327 | 96,000 | 96,119 | 119 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | ILS | 145 | 41,917 | 42,491 | 574 | — | ||||||
Japanese Yen, | |||||||||||||
Expiring 10/19/20 | Bank of America, N.A. | JPY | 7,679 | 73,123 | 72,614 | — | (509) | ||||||
Expiring 10/19/20 | Citibank, N.A. | JPY | 16,620 | 155,827 | 157,167 | 1,340 | — | ||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | JPY | 5,378 | 50,870 | 50,859 | — | (11) | ||||||
Mexican Peso, | |||||||||||||
Expiring 09/17/20 | HSBC Bank USA, N.A. | MXN | 1,931 | 87,526 | 86,247 | — | (1,279) | ||||||
Expiring 09/17/20 | JPMorgan Chase Bank, N.A. | MXN | 1,093 | 47,541 | 48,804 | 1,263 | — | ||||||
Expiring 09/17/20 | JPMorgan Chase Bank, N.A. | MXN | 1,022 | 44,876 | 45,630 | 754 | — | ||||||
Expiring 09/17/20 | Morgan Stanley & Co. International PLC | MXN | 1,036 | 46,663 | 46,255 | — | (408) | ||||||
Expiring 09/17/20 | Morgan Stanley & Co. International PLC | MXN | 996 | 45,659 | 44,465 | — | (1,194) | ||||||
New Taiwanese Dollar, | |||||||||||||
Expiring 09/16/20 | Credit Suisse International | TWD | 3,485 | 119,000 | 119,298 | 298 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | TWD | 5,178 | 177,000 | 177,252 | 252 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | TWD | 4,132 | 140,910 | 141,439 | 529 | — | ||||||
Peruvian Nuevo Sol, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | PEN | 398 | 113,736 | 112,654 | — | (1,082) | ||||||
Expiring 09/16/20 | Citibank, N.A. | PEN | 286 | 81,184 | 80,993 | — | (191) | ||||||
Expiring 09/16/20 | Goldman Sachs International | PEN | 95 | 27,800 | 26,920 | — | (880) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | PEN | 246 | 71,187 | 69,621 | — | (1,566) | ||||||
Philippine Peso, | |||||||||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | PHP | 6,636 | 132,000 | 134,737 | 2,737 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | PHP | 6,079 | 122,000 | 123,444 | 1,444 | — | ||||||
Polish Zloty, | |||||||||||||
Expiring 10/19/20 | Barclays Bank PLC | PLN | 297 | 79,000 | 79,228 | 228 | — | ||||||
Expiring 10/19/20 | Barclays Bank PLC | PLN | 196 | 51,660 | 52,441 | 781 | — |
19
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2020 (continued):
Purchase Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
Polish Zloty (cont’d.), | |||||||||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | PLN | 597 | $150,272 | $159,446 | $9,174 | $— | ||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | PLN | 135 | 36,000 | 35,977 | — | (23) | ||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | PLN | 123 | 32,340 | 32,832 | 492 | — | ||||||
Expiring 10/19/20 | Morgan Stanley & Co. International PLC | PLN | 257 | 68,000 | 68,752 | 752 | — | ||||||
Russian Ruble, | |||||||||||||
Expiring 09/16/20 | Barclays Bank PLC | RUB | 3,820 | 54,596 | 51,171 | — | (3,425) | ||||||
Expiring 09/16/20 | Barclays Bank PLC | RUB | 1,576 | 22,617 | 21,112 | — | (1,505) | ||||||
Expiring 09/16/20 | Barclays Bank PLC | RUB | 1,473 | 21,146 | 19,736 | — | (1,410) | ||||||
Expiring 09/16/20 | Citibank, N.A. | RUB | 3,369 | 47,350 | 45,132 | — | (2,218) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | RUB | 3,534 | 47,739 | 47,339 | — | (400) | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | RUB | 9,610 | 133,608 | 128,722 | — | (4,886) | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | RUB | 9,610 | 136,328 | 128,723 | — | (7,605) | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | RUB | 4,561 | 65,000 | 61,089 | — | (3,911) | ||||||
Singapore Dollar, | |||||||||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | SGD | 133 | 96,422 | 96,583 | 161 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | SGD | 525 | 377,905 | 382,039 | 4,134 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | SGD | 222 | 162,000 | 161,845 | — | (155) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | SGD | 157 | 113,000 | 114,318 | 1,318 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | SGD | 141 | 101,740 | 102,437 | 697 | — | ||||||
Expiring 09/16/20 | The Toronto-Dominion Bank | SGD | 152 | 110,086 | 110,861 | 775 | — | ||||||
South African Rand, | |||||||||||||
Expiring 09/16/20 | Barclays Bank PLC | ZAR | 1,315 | 79,000 | 76,529 | — | (2,471) | ||||||
Expiring 09/16/20 | Barclays Bank PLC | ZAR | 994 | 60,000 | 57,835 | — | (2,165) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | ZAR | 938 | 56,000 | 54,587 | — | (1,413) | ||||||
South Korean Won, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | KRW | 55,942 | 46,298 | 46,820 | 522 | — | ||||||
Expiring 09/16/20 | Citibank, N.A. | KRW | 51,765 | 43,307 | 43,325 | 18 | — | ||||||
Expiring 09/16/20 | Credit Suisse International | KRW | 144,692 | 121,000 | 121,100 | 100 | — |
20
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2020 (continued):
Purchase Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
South Korean Won (cont’d.), | |||||||||||||
Expiring 09/16/20 | Goldman Sachs International | KRW | 128,191 | $107,000 | $107,290 | $290 | $— | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | KRW | 132,890 | 111,000 | 111,222 | 222 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | KRW | 126,151 | 106,000 | 105,582 | — | (418) | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | KRW | 119,492 | 99,000 | 100,009 | 1,009 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | KRW | 110,220 | 91,318 | 92,248 | 930 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | KRW | 203,317 | 170,000 | 170,166 | 166 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | KRW | 109,675 | 91,318 | 91,792 | 474 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | KRW | 100,786 | 84,000 | 84,353 | 353 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | KRW | 71,405 | 59,836 | 59,763 | — | (73) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | KRW | 57,110 | 47,548 | 47,798 | 250 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | KRW | 57,525 | 48,260 | 48,146 | — | (114) | ||||||
Thai Baht, | |||||||||||||
Expiring 09/16/20 | Barclays Bank PLC | THB | 1,860 | 59,000 | 59,645 | 645 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | THB | 4,228 | 137,000 | 135,577 | — | (1,423) | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | THB | 3,929 | 127,000 | 125,987 | — | (1,013) | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | THB | 3,214 | 104,000 | 103,044 | — | (956) | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | THB | 3,204 | 101,598 | 102,747 | 1,149 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | THB | 3,179 | 101,000 | 101,919 | 919 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | THB | 1,269 | 40,105 | 40,674 | 569 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | THB | 4,857 | 156,000 | 155,750 | — | (250) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | THB | 3,762 | 119,889 | 120,630 | 741 | — | ||||||
Turkish Lira, | |||||||||||||
Expiring 09/16/20 | Barclays Bank PLC | TRY | 689 | 98,000 | 95,143 | — | (2,857) | ||||||
Expiring 09/16/20 | Barclays Bank PLC | TRY | 415 | 59,000 | 57,292 | — | (1,708) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | TRY | 722 | 102,000 | 99,788 | — | (2,212) | ||||||
$10,718,684 | $10,750,710 | 88,557 | (56,531) |
21
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2020 (continued):
Sale Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts: | |||||||||||||
Australian Dollar, | |||||||||||||
Expiring 10/20/20 | Bank of America, N.A. | AUD | 69 | $49,427 | $49,384 | $43 | $— | ||||||
Expiring 10/20/20 | Deutsche Bank AG | AUD | 82 | 58,686 | 58,809 | — | (123) | ||||||
Expiring 10/20/20 | HSBC Bank USA, N.A. | AUD | 390 | 270,721 | 278,456 | — | (7,735) | ||||||
Brazilian Real, | |||||||||||||
Expiring 08/04/20 | Citibank, N.A. | BRL | 253 | 47,548 | 48,452 | — | (904) | ||||||
Expiring 08/04/20 | JPMorgan Chase Bank, N.A. | BRL | 254 | 47,683 | 48,610 | — | (927) | ||||||
Expiring 08/04/20 | Morgan Stanley & Co. International PLC | BRL | 821 | 156,181 | 157,332 | — | (1,151) | ||||||
Expiring 09/02/20 | Morgan Stanley & Co. International PLC | BRL | 418 | 79,565 | 80,097 | — | (532) | ||||||
Chilean Peso, | |||||||||||||
Expiring 09/16/20 | Barclays Bank PLC | CLP | 45,455 | 60,031 | 60,069 | — | (38) | ||||||
Expiring 09/16/20 | Citibank, N.A. | CLP | 76,818 | 99,985 | 101,515 | — | (1,530) | ||||||
Expiring 09/16/20 | Citibank, N.A. | CLP | 52,087 | 67,296 | 68,832 | — | (1,536) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | CLP | 295,070 | 362,093 | 389,930 | — | (27,837) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | CLP | 32,711 | 43,392 | 43,228 | 164 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | CLP | 73,085 | 89,000 | 96,581 | — | (7,581) | ||||||
Chinese Renminbi, | |||||||||||||
Expiring 08/07/20 | HSBC Bank USA, N.A. | CNH | 1,058 | 151,000 | 151,293 | — | (293) | ||||||
Expiring 08/07/20 | HSBC Bank USA, N.A. | CNH | 844 | 120,000 | 120,623 | — | (623) | ||||||
Expiring 05/14/21 | JPMorgan Chase Bank, N.A. | CNH | 994 | 142,624 | 139,813 | 2,811 | — | ||||||
Colombian Peso, | |||||||||||||
Expiring 09/16/20 | BNP Paribas S.A. | COP | 226,793 | 63,306 | 60,537 | 2,769 | — | ||||||
Expiring 09/16/20 | Citibank, N.A. | COP | 179,980 | 47,488 | 48,041 | — | (553) | ||||||
Expiring 09/16/20 | Goldman Sachs International | COP | 227,318 | 63,362 | 60,677 | 2,685 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | COP | 287,081 | 76,000 | 76,629 | — | (629) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | COP | 255,453 | 67,895 | 68,187 | — | (292) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | COP | 215,884 | 59,926 | 57,625 | 2,301 | — | ||||||
Euro, | |||||||||||||
Expiring 10/19/20 | Bank of America, N.A. | EUR | 6 | 7,283 | 7,408 | — | (125) | ||||||
Expiring 10/19/20 | BNP Paribas S.A. | EUR | 497 | 564,623 | 586,585 | — | (21,962) | ||||||
Expiring 10/19/20 | BNP Paribas S.A. | EUR | 141 | 166,602 | 166,373 | 229 | — | ||||||
Expiring 10/19/20 | Deutsche Bank AG | EUR | 18 | 21,095 | 21,717 | — | (622) |
22
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2020 (continued):
Sale Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
Euro (cont’d.), | |||||||||||||
Expiring 10/19/20 | HSBC Bank USA, N.A. | EUR | 129 | $151,994 | $152,043 | $— | $(49) | ||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | EUR | 50 | 57,651 | 59,499 | — | (1,848) | ||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | EUR | 43 | 48,833 | 50,483 | — | (1,650) | ||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | EUR | 18 | 20,858 | 21,498 | — | (640) | ||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | EUR | 15 | 17,576 | 18,092 | — | (516) | ||||||
Expiring 10/19/20 | Morgan Stanley & Co. International PLC | EUR | 485 | 548,995 | 572,675 | — | (23,680) | ||||||
Expiring 10/19/20 | Morgan Stanley & Co. International PLC | EUR | 149 | 173,525 | 175,936 | — | (2,411) | ||||||
Expiring 10/19/20 | Morgan Stanley & Co. International PLC | EUR | 96 | 111,504 | 113,427 | — | (1,923) | ||||||
Expiring 10/19/20 | Morgan Stanley & Co. International PLC | EUR | 68 | 79,350 | 80,374 | — | (1,024) | ||||||
Expiring 10/19/20 | Morgan Stanley & Co. International PLC | EUR | 33 | 39,103 | 39,264 | — | (161) | ||||||
Expiring 10/19/20 | Morgan Stanley & Co. International PLC | EUR | 10 | 11,899 | 12,151 | — | (252) | ||||||
Expiring 10/19/20 | UBS AG | EUR | 14 | 16,357 | 16,840 | — | (483) | ||||||
Expiring 11/03/20 | Morgan Stanley & Co. International PLC | EUR | 1,005 | 1,136,889 | 1,186,643 | — | (49,754) | ||||||
Hungarian Forint, | |||||||||||||
Expiring 10/19/20 | Citibank, N.A. | HUF | 29,507 | 94,255 | 100,878 | — | (6,623) | ||||||
Indian Rupee, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | INR | 7,313 | 96,000 | 97,100 | — | (1,100) | ||||||
Expiring 09/16/20 | Citibank, N.A. | INR | 3,302 | 44,019 | 43,836 | 183 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | INR | 11,595 | 151,000 | 153,940 | — | (2,940) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | INR | 14,679 | 191,000 | 194,888 | — | (3,888) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | INR | 9,475 | 123,000 | 125,803 | — | (2,803) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | INR | 8,378 | 110,000 | 111,241 | — | (1,241) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | INR | 6,330 | 84,145 | 84,048 | 97 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | INR | 1,239 | 16,265 | 16,445 | — | (180) | ||||||
Indonesian Rupiah, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | IDR | 259,550 | 18,260 | 17,499 | 761 | — |
23
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2020 (continued):
Sale Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
Indonesian Rupiah (cont’d.), | |||||||||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | IDR | 1,645,997 | $111,000 | $110,975 | $25 | $— | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | IDR | 1,180,000 | 80,000 | 79,557 | 443 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | IDR | 1,085,745 | 74,000 | 73,202 | 798 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | IDR | 875,383 | 59,000 | 59,019 | — | (19) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | IDR | 1,299,584 | 88,000 | 87,619 | 381 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | IDR | 1,210,752 | 85,000 | 81,630 | 3,370 | — | ||||||
Israeli Shekel, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | ILS | 403 | 117,000 | 118,594 | — | (1,594) | ||||||
Expiring 09/16/20 | Citibank, N.A. | ILS | 303 | 88,000 | 89,198 | — | (1,198) | ||||||
Mexican Peso, | |||||||||||||
Expiring 09/17/20 | JPMorgan Chase Bank, N.A. | MXN | 1,760 | 78,000 | 78,592 | — | (592) | ||||||
Expiring 09/17/20 | JPMorgan Chase Bank, N.A. | MXN | 1,344 | 60,031 | 60,021 | 10 | — | ||||||
Expiring 09/17/20 | Morgan Stanley & Co. International PLC | MXN | 1,091 | 47,548 | 48,737 | — | (1,189) | ||||||
Expiring 09/17/20 | Morgan Stanley & Co. International PLC | MXN | 1,047 | 44,876 | 46,756 | — | (1,880) | ||||||
New Taiwanese Dollar, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | TWD | 3,609 | 124,000 | 123,538 | 462 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | TWD | 4,689 | 160,000 | 160,485 | — | (485) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | TWD | 3,929 | 134,000 | 134,471 | — | (471) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | TWD | 3,754 | 128,000 | 128,511 | — | (511) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | TWD | 1,031 | 35,354 | 35,291 | 63 | — | ||||||
Peruvian Nuevo Sol, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | PEN | 492 | 139,000 | 139,213 | — | (213) | ||||||
Expiring 09/16/20 | Citibank, N.A. | PEN | 451 | 129,000 | 127,578 | 1,422 | — | ||||||
Expiring 09/16/20 | Citibank, N.A. | PEN | 383 | 111,000 | 108,164 | 2,836 | — | ||||||
Expiring 09/16/20 | Citibank, N.A. | PEN | 351 | 101,000 | 99,191 | 1,809 | — | ||||||
Expiring 09/16/20 | Citibank, N.A. | PEN | 227 | 65,620 | 64,219 | 1,401 | — | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | PEN | 391 | 111,000 | 110,661 | 339 | — | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | PEN | 233 | 66,426 | 65,968 | 458 | — | ||||||
Philippine Peso, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | PHP | 5,670 | 112,808 | 115,136 | — | (2,328) | ||||||
Expiring 09/16/20 | Citibank, N.A. | PHP | 3,519 | 71,110 | 71,447 | — | (337) | ||||||
Expiring 09/16/20 | Citibank, N.A. | PHP | 2,437 | 47,931 | 49,477 | — | (1,546) |
24
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2020 (continued):
Sale Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
Philippine Peso (cont’d.), | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | PHP | 1,333 | $26,561 | $27,058 | $— | $(497) | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | PHP | 8,685 | 173,671 | 176,346 | — | (2,675) | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | PHP | 2,605 | 51,369 | 52,887 | — | (1,518) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | PHP | 2,198 | 44,636 | 44,631 | 5 | — | ||||||
Polish Zloty, | |||||||||||||
Expiring 10/19/20 | JPMorgan Chase Bank, N.A. | PLN | 346 | 88,000 | 92,385 | — | (4,385) | ||||||
Russian Ruble, | |||||||||||||
Expiring 09/16/20 | Barclays Bank PLC | RUB | 4,910 | 69,000 | 65,766 | 3,234 | — | ||||||
Expiring 09/16/20 | Barclays Bank PLC | RUB | 3,183 | 44,876 | 42,639 | 2,237 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | RUB | 4,050 | 56,000 | 54,243 | 1,757 | — | ||||||
Singapore Dollar, | |||||||||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | SGD | 208 | 149,000 | 151,159 | — | (2,159) | ||||||
South African Rand, | |||||||||||||
Expiring 09/16/20 | Citibank, N.A. | ZAR | 3,170 | 186,388 | 184,516 | 1,872 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | ZAR | 1,001 | 60,748 | 58,265 | 2,483 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | ZAR | 781 | 46,663 | 45,482 | 1,181 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | ZAR | 516 | 30,350 | 30,007 | 343 | — | ||||||
Expiring 09/16/20 | Morgan Stanley & Co. International PLC | ZAR | 447 | 25,819 | 26,031 | — | (212) | ||||||
South Korean Won, | |||||||||||||
Expiring 09/16/20 | Credit Suisse International | KRW | 93,000 | 77,000 | 77,836 | — | (836) | ||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | KRW | 74,913 | 62,514 | 62,699 | — | (185) | ||||||
Thai Baht, | |||||||||||||
Expiring 09/16/20 | HSBC Bank USA, N.A. | THB | 3,547 | 114,000 | 113,730 | 270 | — | ||||||
Turkish Lira, | |||||||||||||
Expiring 08/12/20 | Barclays Bank PLC | TRY | 328 | 46,716 | 46,306 | 410 | — | ||||||
Expiring 09/16/20 | Barclays Bank PLC | TRY | 1,102 | 158,010 | 152,205 | 5,805 | — | ||||||
Expiring 09/16/20 | Barclays Bank PLC | TRY | 738 | 106,000 | 101,962 | 4,038 | — | ||||||
Expiring 09/16/20 | Barclays Bank PLC | TRY | 558 | 79,000 | 77,128 | 1,872 | — | ||||||
Expiring 09/16/20 | Barclays Bank PLC | TRY | 553 | 79,000 | 76,401 | 2,599 | — | ||||||
Expiring 09/16/20 | Barclays Bank PLC | TRY | 377 | 53,000 | 52,144 | 856 | — | ||||||
Expiring 09/16/20 | Barclays Bank PLC | TRY | 339 | 48,000 | 46,860 | 1,140 | — | ||||||
Expiring 09/16/20 | Barclays Bank PLC | TRY | 335 | 48,000 | 46,290 | 1,710 | — | ||||||
Expiring 09/16/20 | Barclays Bank PLC | TRY | 312 | 44,000 | 43,095 | 905 | — |
25
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2020 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2020 (continued):
Sale Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
Turkish Lira (cont’d.), | |||||||||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | TRY | 612 | $84,422 | $84,482 | $— | $(60) | ||||||
Expiring 09/16/20 | JPMorgan Chase Bank, N.A. | TRY | 459 | 65,933 | 63,475 | 2,458 | — | ||||||
Expiring 09/16/20 | UBS AG | TRY | 199 | 28,649 | 27,499 | 1,150 | — | ||||||
$10,941,319 | $11,082,183 | 62,185 | (203,049) | ||||||||||
$150,742 | $(259,580) |
Cross currency exchange contracts outstanding at July 31, 2020: | ||||||||||||||
Settlement | Type | Notional Amount (000) | In Exchange For (000) | Unrealized Appreciation | Unrealized Depreciation | Counterparty | ||||||||
OTC Cross Currency Exchange Contracts: | ||||||||||||||
10/19/20 | Buy | CZK | 1,151 | EUR | 44 | $256 | $— | HSBC BANK USA, N.A. |
Interest rate swap agreements outstanding at July 31, 2020:
Notional Amount (000)# | Termination Date | Fixed Rate | Floating Rate | Value at Trade Date | Value at July 31, 2020 | Unrealized Appreciation (Depreciation) | ||||||||
Centrally Cleared Interest Rate Swap Agreements: | ||||||||||||||
CNH | 2,200 | 05/11/25 | 1.900%(Q) | 7 Day China Fixing Repo Rates(2)(Q) | $(2) | $(9,625) | $(9,623) | |||||||
CNH | 2,200 | 05/29/25 | 2.020%(Q) | 7 Day China Fixing Repo Rates(2)(Q) | 4 | (8,059) | (8,063) | |||||||
CNH | 1,600 | 07/24/25 | 2.525%(Q) | 7 Day China Fixing Repo Rates(2)(Q) | (6) | (659) | (653) | |||||||
MXN | 12,530 | 04/28/27 | 5.930%(M) | 28 Day Mexican Interbank Rate(2)(M) | 7,325 | 25,178 | 17,853 | |||||||
$7,321 | $6,835 | $(486) |
(1) | The Series pays the fixed rate and receives the floating rate. |
(2) | The Series pays the floating rate and receives the fixed rate. |
Other information regarding the Series is available in the Series’ most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
26