As MFWire reported
in December, Prudential Financial Inc.
is changing the name of its mutual fund family to Prudential Investments,
effective today. Previously called JennisonDryden
, the fund family offers 40 funds across a range of asset classes and sectors, including asset allocation, equity and fixed income.
According to a company statement
, the funds' ticker symbols, investment objectives, and portfolio management teams remain the same. From a marketing standpoint, Prudential hopes the name change will create a stronger connection between the funds and Prudential's 135-year history.
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