PGIM Securitized Credit Fund - Class Z (SCFZX)

The PGIM Securitized Credit Fund - Class Z (SCFZX) is a mutual fund that primarily invests in a variety of securitized debt instruments, such as mortgage-backed securities, asset-backed securities, and commercial mortgage-backed securities. These investments are typically backed by pools of underlying assets, providing a level of diversification and risk management. The fund is managed by PGIM Investments, a leading global investment management firm, and aims to provide investors with a high level of current income while also seeking capital appreciation. Class Z shares are typically only available to institutional investors and have lower fees compared to other share classes.