# EDGAR Filing Document

**Accession Number:** 0001104631
**File Stem:** 0001752724-23-068058
**Filing Date:** 2023-3
**Character Count:** 270485
**Document Hash:** 0f70c7267e4e0efaa115173dc8c41c1a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-068058.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-068058

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRUDENTIAL INVESTMENT PORTFOLIOS 3
- **CENTRAL INDEX KEY:** 0001104631
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09805
- **FILM NUMBER:** 23764301

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD ST.
- **STREET 2:** 17TH FL
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102-4077
- **BUSINESS PHONE:** (973) 367-8982

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD ST.
- **STREET 2:** 17TH FL
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102-4077

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JENNISONDRYDEN OPPORTUNITY FUNDS
- **DATE OF NAME CHANGE:** 20080530

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STRATEGIC PARTNERS OPPORTUNITY FUNDS
- **DATE OF NAME CHANGE:** 20010906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STRATEGIC PARTNERS SERIES
- **DATE OF NAME CHANGE:** 20000131

## Series and Classes Contracts Data

### PGIM Global Dynamic Bond Fund (Series ID: S000051243)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000161579 | Class A      | PAJAX           |
| C000161580 | Class C      | PAJCX           |
| C000161581 | Class R6     | PAJQX           |
| C000161582 | Class Z      | PAJZX           |

## Nport-Ex

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Long-Term Investments 96.1%** |  |  |  |  |  |
| **Asset-Backed Securities 3.5%** | **Asset-Backed Securities 3.5%** | **Asset-Backed Securities 3.5%** | **Asset-Backed Securities 3.5%** | **Asset-Backed Securities 3.5%** | **Asset-Backed Securities 3.5%** |
| **Cayman Islands 0.6%** | **Cayman Islands 0.6%** | **Cayman Islands 0.6%** | **Cayman Islands 0.6%** | **Cayman Islands 0.6%** | **Cayman Islands 0.6%** |
| Trinitas CLO Ltd.,<br> Series 2020-14A, Class C, 144A, 3 Month LIBOR + 3.000% (Cap N/A, Floor 3.000%) | 7.818 %(c) | &nbsp;&nbsp;01/25/34 |  | &nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp; $242838 |
| **Spain 0.6%** | **Spain 0.6%** | **Spain 0.6%** | **Spain 0.6%** | **Spain 0.6%** | **Spain 0.6%** |
| TFS, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-03, Class A1, 1 Month EURIBOR + 3.000%^ | 0.000(s) | &nbsp;&nbsp;04/16/40 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;—(r) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-03, Class A1, 1 Month EURIBOR + 3.000%^ | 4.918(c) | &nbsp;&nbsp;04/16/23 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254761 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255093 |
| **United States 2.3%** | **United States 2.3%** | **United States 2.3%** | **United States 2.3%** | **United States 2.3%** | **United States 2.3%** |
| Laurel Road Prime Student Loan Trust,<br> Series 2019-A, Class R, 144A | 0.000 | &nbsp;&nbsp;10/25/48 |  | &nbsp;&nbsp;&nbsp;670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145093 |
| Oportun Funding XIII LLC,<br> Series 2019-A, Class B, 144A | 3.870 | &nbsp;&nbsp;08/08/25 |  | &nbsp;&nbsp;&nbsp;&nbsp;66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64270 |
| TH MSR Issuer Trust,<br> Series 2019-FT01, Class A, 144A, 1 Month LIBOR + 2.800% (Cap N/A, Floor 2.800%) | 7.306(c) | &nbsp;&nbsp;06/25/24 |  | &nbsp;&nbsp;&nbsp;820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773313 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;982676 |
| **Total Asset-Backed Securities<br> (cost $1,464,288)** | **Total Asset-Backed Securities<br> (cost $1,464,288)** | **Total Asset-Backed Securities<br> (cost $1,464,288)** | **Total Asset-Backed Securities<br> (cost $1,464,288)** | **Total Asset-Backed Securities<br> (cost $1,464,288)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1480607 |
| **Commercial Mortgage-Backed Securities 14.8%** | **Commercial Mortgage-Backed Securities 14.8%** | **Commercial Mortgage-Backed Securities 14.8%** | **Commercial Mortgage-Backed Securities 14.8%** | **Commercial Mortgage-Backed Securities 14.8%** | **Commercial Mortgage-Backed Securities 14.8%** |
| **Canada 0.1%** | **Canada 0.1%** | **Canada 0.1%** | **Canada 0.1%** | **Canada 0.1%** | **Canada 0.1%** |
| Real Estate Asset Liquidity Trust,<br> Series 2020-01A, Class A1, 144A | 2.381(cc) | &nbsp;&nbsp;02/12/55 | &nbsp;&nbsp;CAD | &nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38478 |
| **United Kingdom 4.1%** | **United Kingdom 4.1%** | **United Kingdom 4.1%** | **United Kingdom 4.1%** | **United Kingdom 4.1%** | **United Kingdom 4.1%** |
| Deco DAC,<br> Series 2019-RAM, Class ASONIA + 2.007% (Cap N/A, Floor 2.007%) | 5.178(c) | &nbsp;&nbsp;08/07/30 | &nbsp;&nbsp;GBP | 1542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1757501 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** |
| **United States 10.6%** | **United States 10.6%** | **United States 10.6%** | **United States 10.6%** | **United States 10.6%** | **United States 10.6%** |
| Barclays Commercial Mortgage Securities Trust,<br> Series 2018-CHRS, Class D, 144A | 4.267 %(cc) | &nbsp;&nbsp;08/05/38 |  | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp; $196449 |
| BX Commercial Mortgage Trust,<br> Series 2019-XL, Class J, 144A, 1 Month SOFR + 2.764% (Cap N/A, Floor 2.764%) | 7.243(c) | &nbsp;&nbsp;10/15/36 |  | &nbsp;&nbsp;&nbsp;544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526242 |
| Cold Storage Trust,<br> Series 2020-ICE05, Class E, 144A, 1 Month LIBOR + 2.766% (Cap N/A, Floor 2.766%) | 7.225(c) | &nbsp;&nbsp;11/15/37 |  | &nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95836 |
| Credit Suisse Mortgage Capital Certificates, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-ICE04, Class E, 144A, 1 Month LIBOR + 2.150% (Cap N/A, Floor 2.150%) | 6.609(c) | &nbsp;&nbsp;05/15/36 |  | &nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270158 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-ICE04, Class F, 144A, 1 Month LIBOR + 2.650% (Cap N/A, Floor 2.650%) | 7.109(c) | &nbsp;&nbsp;05/15/36 |  | 1250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1215421 |
| DBWF Mortgage Trust,<br> Series 2016-85T, Class E, 144A | 3.808(cc) | &nbsp;&nbsp;12/10/36 |  | &nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192651 |
| GS Mortgage Securities Corp. Trust,<br> Series 2021-IP, Class F, 144A, 1 Month LIBOR + 4.550% (Cap N/A, Floor 4.550%) | 9.009(c) | &nbsp;&nbsp;10/15/36 |  | &nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130755 |
| JPMorgan Chase Commercial Mortgage Securities Trust,<br> Series 2018-AON, Class E, 144A | 4.613(cc) | &nbsp;&nbsp;07/05/31 |  | &nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294661 |
| MKT Mortgage Trust,<br> Series 2020-525M, Class F, 144A | 2.941(cc) | &nbsp;&nbsp;02/12/40 |  | &nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307009 |
| Morgan Stanley Capital I Trust,<br> Series 2019-MEAD, Class E, 144A | 3.177(cc) | &nbsp;&nbsp;11/10/36 |  | &nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547721 |
| One New York Plaza Trust,<br> Series 2020-01NYP, Class D, 144A, 1 Month LIBOR + 2.750% (Cap N/A, Floor 2.750%) | 7.209(c) | &nbsp;&nbsp;01/15/36 |  | &nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110615 |
| Wells Fargo Commercial Mortgage Trust,<br> Series 2021-FCMT, Class E, 144A, 1 Month LIBOR + 4.500% (Cap N/A, Floor 4.500%) | 8.959(c) | &nbsp;&nbsp;05/15/31 |  | &nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625491 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4513009 |
| **Total Commercial Mortgage-Backed Securities<br> (cost $7,261,818)** | **Total Commercial Mortgage-Backed Securities<br> (cost $7,261,818)** | **Total Commercial Mortgage-Backed Securities<br> (cost $7,261,818)** | **Total Commercial Mortgage-Backed Securities<br> (cost $7,261,818)** | **Total Commercial Mortgage-Backed Securities<br> (cost $7,261,818)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6308988 |
| **Corporate Bonds 52.7%** | **Corporate Bonds 52.7%** | **Corporate Bonds 52.7%** | **Corporate Bonds 52.7%** | **Corporate Bonds 52.7%** | **Corporate Bonds 52.7%** |
| **Brazil 1.6%** | **Brazil 1.6%** | **Brazil 1.6%** | **Brazil 1.6%** | **Brazil 1.6%** | **Brazil 1.6%** |
| Petrobras Global Finance BV, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 5.375 | &nbsp;&nbsp;10/01/29 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328431 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **Brazil (cont'd.)** | **Brazil (cont'd.)** | **Brazil (cont'd.)** | **Brazil (cont'd.)** | **Brazil (cont'd.)** | **Brazil (cont'd.)** |
| Petrobras Global Finance BV, (cont'd.) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 6.625% | &nbsp;&nbsp;01/16/34 | &nbsp;&nbsp;GBP | 100 | &nbsp;&nbsp; $108283 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, EMTN | 6.250 | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;GBP | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242147 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678861 |
| **Bulgaria 0.4%** | **Bulgaria 0.4%** | **Bulgaria 0.4%** | **Bulgaria 0.4%** | **Bulgaria 0.4%** | **Bulgaria 0.4%** |
| Bulgarian Energy Holding EAD,<br> Sr. Unsec'd. Notes | 2.450 | &nbsp;&nbsp;07/22/28 | &nbsp;&nbsp;EUR | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176567 |
| **Canada 1.9%** | **Canada 1.9%** | **Canada 1.9%** | **Canada 1.9%** | **Canada 1.9%** | **Canada 1.9%** |
| Bombardier, Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 7.125 | &nbsp;&nbsp;06/15/26 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 7.500 | &nbsp;&nbsp;12/01/24 |  | 144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 7.500 | &nbsp;&nbsp;02/01/29 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 7.875 | &nbsp;&nbsp;04/15/27 |  | 395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395000 |
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC,<br> Gtd. Notes, 144A | 4.875 | &nbsp;&nbsp;02/15/30 |  | &nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65747 |
| Cenovus Energy, Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 3.750 | &nbsp;&nbsp;02/15/52 |  | &nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 5.250 | &nbsp;&nbsp;06/15/37 |  | 110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105566 |
| MEG Energy Corp.,<br> Gtd. Notes, 144A | 7.125 | &nbsp;&nbsp;02/01/27 |  | &nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46024 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816533 |
| **France 2.5%** | **France 2.5%** | **France 2.5%** | **France 2.5%** | **France 2.5%** | **France 2.5%** |
| Adevinta ASA,<br> Sr. Sec'd. Notes, 144A | 3.000 | &nbsp;&nbsp;11/15/27 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98398 |
| Altice France SA,<br> Sr. Sec'd. Notes | 3.375 | &nbsp;&nbsp;01/15/28 | &nbsp;&nbsp;EUR | 400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340295 |
| Faurecia SE,<br> Sr. Unsec'd. Notes | 3.750 | &nbsp;&nbsp;06/15/28 | &nbsp;&nbsp;EUR | 250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239375 |
| Iliad Holding SASU,<br> Sr. Sec'd. Notes, 144A | 5.625 | &nbsp;&nbsp;10/15/28 | &nbsp;&nbsp;EUR | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202210 |
| Loxam SAS,<br> Sr. Sub. Notes | 4.500 | &nbsp;&nbsp;04/15/27 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95189 |
| SPCM SA,<br> Sr. Unsec'd. Notes, 144A | 2.625 | &nbsp;&nbsp;02/01/29 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93223 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1068690 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **Germany 1.6%** | **Germany 1.6%** | **Germany 1.6%** | **Germany 1.6%** | **Germany 1.6%** | **Germany 1.6%** |
| Nidda BondCo GmbH,<br> Gtd. Notes, 144A | 5.000% | &nbsp;&nbsp;09/30/25 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp; $100889 |
| thyssenkrupp AG,<br> Sr. Unsec'd. Notes, EMTN | 1.875 | &nbsp;&nbsp;03/06/23 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108276 |
| TK Elevator Holdco GmbH,<br> Sr. Unsec'd. Notes | 6.625 | &nbsp;&nbsp;07/15/28 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86264 |
| TK Elevator Midco GmbH, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes | 4.375 | &nbsp;&nbsp;07/15/27 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A | 4.375 | &nbsp;&nbsp;07/15/27 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98244 |
| Volkswagen International Finance NV,<br> Gtd. Notes | 4.625(ff) | &nbsp;&nbsp;03/24/26(oo) | &nbsp;&nbsp;EUR | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209275 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701139 |
| **Hungary 0.2%** | **Hungary 0.2%** | **Hungary 0.2%** | **Hungary 0.2%** | **Hungary 0.2%** | **Hungary 0.2%** |
| MFB Magyar Fejlesztesi Bank Zrt,<br> Gov't. Gtd. Notes | 1.375 | &nbsp;&nbsp;06/24/25 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99067 |
| **India 0.9%** | **India 0.9%** | **India 0.9%** | **India 0.9%** | **India 0.9%** | **India 0.9%** |
| NTPC Ltd.,<br> Sr. Unsec'd. Notes, EMTN | 2.750 | &nbsp;&nbsp;02/01/27 | &nbsp;&nbsp;EUR | 300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300216 |
| Power Finance Corp. Ltd.,<br> Sr. Unsec'd. Notes, GMTN | 1.841 | &nbsp;&nbsp;09/21/28 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87706 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387922 |
| **Indonesia 0.7%** | **Indonesia 0.7%** | **Indonesia 0.7%** | **Indonesia 0.7%** | **Indonesia 0.7%** | **Indonesia 0.7%** |
| Perusahaan Listrik Negara PT, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 2.875 | &nbsp;&nbsp;10/25/25 | &nbsp;&nbsp;EUR | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 1.875 | &nbsp;&nbsp;11/05/31 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79756 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290092 |
| **Israel 0.5%** | **Israel 0.5%** | **Israel 0.5%** | **Israel 0.5%** | **Israel 0.5%** | **Israel 0.5%** |
| Energean Israel Finance Ltd.,<br> Sr. Sec'd. Notes, 144A | 4.500 | &nbsp;&nbsp;03/30/24 |  | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194750 |
| **Italy 0.8%** | **Italy 0.8%** | **Italy 0.8%** | **Italy 0.8%** | **Italy 0.8%** | **Italy 0.8%** |
| Nexi SpA,<br> Sr. Unsec'd. Notes | 2.125 | &nbsp;&nbsp;04/30/29 | &nbsp;&nbsp;EUR | 400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346057 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **Jamaica 0.9%** | **Jamaica 0.9%** | **Jamaica 0.9%** | **Jamaica 0.9%** | **Jamaica 0.9%** | **Jamaica 0.9%** |
| Digicel International Finance Ltd./Digicel<br> International Holdings Ltd., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A, Cash coupon 6.000% and PIK 7.000% (original cost $284,783; purchased 03/24/21 - 12/15/22)(f) | 13.000% | &nbsp;&nbsp;12/31/25 |  | 287 | &nbsp;&nbsp; $143440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A (original cost $198,500; purchased 06/16/20)(f) | &nbsp;&nbsp;8.750 | &nbsp;&nbsp;05/25/24 |  | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171787 |
| Digicel Ltd.,<br> Gtd. Notes, 144A (original cost $132,000; purchased 06/07/19)(f) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;03/01/23 |  | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77663 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392890 |
| **Kazakhstan 0.4%** | **Kazakhstan 0.4%** | **Kazakhstan 0.4%** | **Kazakhstan 0.4%** | **Kazakhstan 0.4%** | **Kazakhstan 0.4%** |
| Kazakhstan Temir Zholy National Co. JSC,<br> Gtd. Notes | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;12/05/23 | &nbsp;&nbsp;CHF | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157393 |
| **Luxembourg 2.0%** | **Luxembourg 2.0%** | **Luxembourg 2.0%** | **Luxembourg 2.0%** | **Luxembourg 2.0%** | **Luxembourg 2.0%** |
| ARD Finance SA,<br> Sr. Sec'd. Notes, Cash coupon 5.000% or PIK 5.750% | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06/30/27 | &nbsp;&nbsp;EUR | 125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102439 |
| Blackstone Property Partners Europe Holdings Sarl,<br> Sr. Unsec'd. Notes, EMTN | &nbsp;&nbsp;1.000 | &nbsp;&nbsp;05/04/28 | &nbsp;&nbsp;EUR | 300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251067 |
| Codere New Holdco SA,<br> Sr. Sec'd. Notes, 144A, Cash coupon N/A or PIK 7.500% (original cost $71,881; purchased 11/19/21 - 10/31/22)(f) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;11/30/27(d) | &nbsp;&nbsp;EUR | &nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29143 |
| Intelsat Jackson Holdings SA, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes^ | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;08/01/23(d) |  | 440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A^ | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;10/15/24(d) |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A^ | &nbsp;&nbsp;9.750 | &nbsp;&nbsp;07/15/25(d) |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;03/15/30 |  | &nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81410 |
| Matterhorn Telecom SA,<br> Sr. Sec'd. Notes | &nbsp;&nbsp;3.125 | &nbsp;&nbsp;09/15/26 | &nbsp;&nbsp;EUR | 400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396865 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860924 |
| **Mexico 2.1%** | **Mexico 2.1%** | **Mexico 2.1%** | **Mexico 2.1%** | **Mexico 2.1%** | **Mexico 2.1%** |
| Comision Federal de Electricidad,<br> Sr. Unsec'd. Notes | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09/29/36 |  | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121176 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **Mexico (cont'd.)** | **Mexico (cont'd.)** | **Mexico (cont'd.)** | **Mexico (cont'd.)** | **Mexico (cont'd.)** | **Mexico (cont'd.)** |
| Petroleos Mexicanos, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | &nbsp;&nbsp;3.625% | &nbsp;&nbsp;11/24/25 | &nbsp;&nbsp;EUR | 200 | &nbsp;&nbsp; $203066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, EMTN | &nbsp;&nbsp;4.875 | &nbsp;&nbsp;02/21/28 | &nbsp;&nbsp;EUR | 600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570265 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894507 |
| **Netherlands 1.9%** | **Netherlands 1.9%** | **Netherlands 1.9%** | **Netherlands 1.9%** | **Netherlands 1.9%** | **Netherlands 1.9%** |
| United Group BV,<br> Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;3.125 | &nbsp;&nbsp;02/15/26 | &nbsp;&nbsp;EUR | 400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373179 |
| WP/AP Telecom Holdings III BV,<br> Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;01/15/30 | &nbsp;&nbsp;EUR | 225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204109 |
| Ziggo Bond Co. BV,<br> Gtd. Notes, 144A | &nbsp;&nbsp;3.375 | &nbsp;&nbsp;02/28/30 | &nbsp;&nbsp;EUR | 300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251621 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828909 |
| **Russia 1.0%** | **Russia 1.0%** | **Russia 1.0%** | **Russia 1.0%** | **Russia 1.0%** | **Russia 1.0%** |
| Gazprom PJSC Via Gaz Capital SA,<br> Sr. Unsec'd. Notes | &nbsp;&nbsp;1.450 | &nbsp;&nbsp;03/06/23(d) | &nbsp;&nbsp;CHF | 500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439650 |
| **South Africa 0.9%** | **South Africa 0.9%** | **South Africa 0.9%** | **South Africa 0.9%** | **South Africa 0.9%** | **South Africa 0.9%** |
| Eskom Holdings SOC Ltd.,<br> Gov't. Gtd. Notes, MTN | &nbsp;&nbsp;6.350 | &nbsp;&nbsp;08/10/28 |  | 400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382500 |
| **Spain 1.9%** | **Spain 1.9%** | **Spain 1.9%** | **Spain 1.9%** | **Spain 1.9%** | **Spain 1.9%** |
| Cellnex Telecom SA,<br> Sr. Unsec'd. Notes, EMTN | &nbsp;&nbsp;1.750 | &nbsp;&nbsp;10/23/30 | &nbsp;&nbsp;EUR | 400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352016 |
| Codere Finance 2 Luxembourg SA, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, Cash coupon 2.000% and PIK 10.750%(f) | 12.750 | &nbsp;&nbsp;11/30/27(d) | &nbsp;&nbsp;EUR | &nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24421 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A, Cash coupon 8.000% and PIK 3.000%(f) | 11.000 | &nbsp;&nbsp;09/30/26(d) | &nbsp;&nbsp;EUR | 167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162552 |
| ContourGlobal Power Holdings SA,<br> Sr. Sec'd. Notes | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;08/01/25 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109333 |
| Kaixo Bondco Telecom SA,<br> Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;09/30/29 | &nbsp;&nbsp;EUR | 175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163835 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;812157 |
| **Sweden 0.3%** | **Sweden 0.3%** | **Sweden 0.3%** | **Sweden 0.3%** | **Sweden 0.3%** | **Sweden 0.3%** |
| Preem Holdings AB,<br> Sr. Unsec'd. Notes, 144A | 12.000 | &nbsp;&nbsp;06/30/27 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114296 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **Ukraine 0.1%** | **Ukraine 0.1%** | **Ukraine 0.1%** | **Ukraine 0.1%** | **Ukraine 0.1%** | **Ukraine 0.1%** |
| NAK Naftogaz Ukraine via Kondor Finance PLC,<br> Sr. Unsec'd. Notes | 7.125% | &nbsp;&nbsp;07/19/24(d) | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp; $21743 |
| **United Arab Emirates 0.3%** | **United Arab Emirates 0.3%** | **United Arab Emirates 0.3%** | **United Arab Emirates 0.3%** | **United Arab Emirates 0.3%** | **United Arab Emirates 0.3%** |
| DP World Ltd.,<br> Sr. Unsec'd. Notes | 2.375 | &nbsp;&nbsp;09/25/26 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103279 |
| **United Kingdom 5.8%** | **United Kingdom 5.8%** | **United Kingdom 5.8%** | **United Kingdom 5.8%** | **United Kingdom 5.8%** | **United Kingdom 5.8%** |
| Bellis Acquisition Co. PLC,<br> Sr. Sec'd. Notes, 144A | 3.250 | &nbsp;&nbsp;02/16/26 | &nbsp;&nbsp;GBP | 500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506977 |
| Bellis Finco PLC,<br> Sr. Unsec'd. Notes, 144A | 4.000 | &nbsp;&nbsp;02/16/27 | &nbsp;&nbsp;GBP | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178036 |
| BP Capital Markets PLC,<br> Gtd. Notes | 4.375(ff) | &nbsp;&nbsp;06/22/25(oo) |  | 250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243047 |
| eG Global Finance PLC, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes | 4.375 | &nbsp;&nbsp;02/07/25 | &nbsp;&nbsp;EUR | 350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337910 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes | 6.250 | &nbsp;&nbsp;10/30/25 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96900 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A | 4.375 | &nbsp;&nbsp;02/07/25 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96636 |
| Market Bidco Finco PLC,<br> Sr. Sec'd. Notes, 144A | 5.500 | &nbsp;&nbsp;11/04/27 | &nbsp;&nbsp;GBP | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95497 |
| Saga PLC,<br> Gtd. Notes | 5.500 | &nbsp;&nbsp;07/15/26 | &nbsp;&nbsp;GBP | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194377 |
| Sherwood Financing PLC,<br> Sr. Sec'd. Notes, 144A | 6.000 | &nbsp;&nbsp;11/15/26 | &nbsp;&nbsp;GBP | 175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171943 |
| Very Group Funding PLC (The),<br> Sr. Sec'd. Notes, 144A | 6.500 | &nbsp;&nbsp;08/01/26 | &nbsp;&nbsp;GBP | 225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211511 |
| Virgin Media Finance PLC,<br> Gtd. Notes | 3.750 | &nbsp;&nbsp;07/15/30 | &nbsp;&nbsp;EUR | 300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261067 |
| Virgin Media Vendor Financing Notes III DAC,<br> Sr. Sec'd. Notes | 4.875 | &nbsp;&nbsp;07/15/28 | &nbsp;&nbsp;GBP | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103033 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2496934 |
| **United States 24.0%** | **United States 24.0%** | **United States 24.0%** | **United States 24.0%** | **United States 24.0%** | **United States 24.0%** |
| Adtalem Global Education, Inc.,<br> Sr. Sec'd. Notes, 144A | 5.500 | &nbsp;&nbsp;03/01/28 |  | &nbsp;&nbsp;66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61491 |
| Aethon United BR LP/Aethon United Finance Corp.,<br> Sr. Unsec'd. Notes, 144A | 8.250 | &nbsp;&nbsp;02/15/26 |  | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74636 |
| Alta Mesa Holdings LP/Alta Mesa Finance Services Corp.,<br> Gtd. Notes^ | 7.875 | &nbsp;&nbsp;12/15/24(d) |  | 400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2720 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** |
| AMC Entertainment Holdings, Inc.,<br> Sec'd. Notes, 144A, Cash coupon 10.000% or PIK 12.000% or Cash coupon 5.000% and PIK 6.000% | 10.000% | &nbsp;&nbsp;06/15/26 |  | 131 | &nbsp;&nbsp; $66114 |
| American Axle & Manufacturing, Inc.,<br> Gtd. Notes(a) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;03/15/26 |  | &nbsp;&nbsp;38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35785 |
| AmeriGas Partners LP/AmeriGas Finance Corp.,<br> Sr. Unsec'd. Notes | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;08/20/26 |  | 500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482960 |
| Antero Midstream Partners LP/Antero Midstream Finance Corp.,<br> Gtd. Notes, 144A | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;01/15/28 |  | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71915 |
| Ascent Resources Utica Holdings LLC/ARU Finance<br> Corp., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;11/01/26 |  | &nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;12/31/28 |  | &nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49256 |
| Ashton Woods USA LLC/Ashton Woods Finance Co.,<br> Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;04/01/30 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20877 |
| Avantor Funding, Inc.,<br> Gtd. Notes | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;07/15/28 | &nbsp;&nbsp;EUR | 300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300952 |
| Bausch Health Americas, Inc.,<br> Gtd. Notes, 144A | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;01/31/27 |  | 315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166123 |
| Bausch Health Cos., Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;01/30/30 |  | &nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;02/15/31 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11375 |
| Beazer Homes USA, Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;10/15/27 |  | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;03/15/25 |  | 125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;10/15/29 |  | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69308 |
| C&S Group Enterprises LLC,<br> Gtd. Notes, 144A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12/15/28 |  | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77112 |
| Caesars Entertainment, Inc.,<br> Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;10/15/29 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21357 |
| Calpine Corp., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;02/01/29 |  | &nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43455 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02/01/31 |  | 185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;03/15/28 |  | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67890 |
| CCO Holdings LLC/CCO Holdings Capital Corp., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;02/01/31 |  | 300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;03/01/30 |  | 119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;06/01/29 |  | &nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46240 |
| Chemours Co. (The),<br> Gtd. Notes | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;05/15/27 |  | 125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115746 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** |
| Chesapeake Energy Corp., |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | 5.500% | &nbsp;&nbsp;02/01/26 | &nbsp;&nbsp;50 | &nbsp;&nbsp; $48553 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | 5.875 | &nbsp;&nbsp;02/01/29 | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23949 |
| Citigroup, Inc.,<br> Jr. Sub. Notes | 3.875(ff) | &nbsp;&nbsp;02/18/26(oo) | 380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346859 |
| Dana, Inc.,<br> Sr. Unsec'd. Notes | 4.500 | &nbsp;&nbsp;02/15/32 | 125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105381 |
| Diamond Sports Group LLC/Diamond Sports Finance Co.,<br> Gtd. Notes, 144A (original cost $498,359; purchased 07/18/19 - 12/04/19)(f) | 6.625 | &nbsp;&nbsp;08/15/27 | 510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10378 |
| DISH DBS Corp.,<br> Gtd. Notes | 7.750 | &nbsp;&nbsp;07/01/26 | 425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344771 |
| Diversified Healthcare Trust, |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 4.375 | &nbsp;&nbsp;03/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3393 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 9.750 | &nbsp;&nbsp;06/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 4.750 | &nbsp;&nbsp;05/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 4.750 | &nbsp;&nbsp;02/15/28 | 225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136986 |
| Dominion Energy, Inc.,<br> Jr. Sub. Notes, Series B | 4.650(ff) | &nbsp;&nbsp;12/15/24(oo) | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187327 |
| Endeavor Energy Resources LP/EER Finance, Inc.,<br> Sr. Unsec'd. Notes, 144A | 5.750 | &nbsp;&nbsp;01/30/28 | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24693 |
| Energy Transfer LP,<br> Jr. Sub. Notes, Series G | 7.125(ff) | &nbsp;&nbsp;05/15/30(oo) | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181831 |
| Ford Motor Co.,<br> Sr. Unsec'd. Notes | 4.750 | &nbsp;&nbsp;01/15/43 | 550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429545 |
| Golden Entertainment, Inc.,<br> Sr. Unsec'd. Notes, 144A | 7.625 | &nbsp;&nbsp;04/15/26 | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201211 |
| Goldman Sachs Group, Inc. (The),<br> Jr. Sub. Notes, Series U | 3.650(ff) | &nbsp;&nbsp;08/10/26(oo) | 115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100064 |
| Griffon Corp.,<br> Gtd. Notes | 5.750 | &nbsp;&nbsp;03/01/28 | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71011 |
| Hilcorp Energy I LP/Hilcorp Finance Co., |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 5.750 | &nbsp;&nbsp;02/01/29 | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23257 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 6.000 | &nbsp;&nbsp;02/01/31 | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 6.250 | &nbsp;&nbsp;11/01/28 | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144013 |
| Hilton Domestic Operating Co., Inc.,<br> Gtd. Notes, 144A | 3.625 | &nbsp;&nbsp;02/15/32 | 300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250955 |
| Howard Hughes Corp. (The),<br> Gtd. Notes, 144A | 4.125 | &nbsp;&nbsp;02/01/29 | 275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237300 |
| Hunt Cos., Inc.,<br> Sr. Sec'd. Notes, 144A | 5.250 | &nbsp;&nbsp;04/15/29 | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169752 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** |
| International Game Technology PLC,<br> Sr. Sec'd. Notes, 144A | 4.125% | &nbsp;&nbsp;04/15/26 |  | 200 | &nbsp;&nbsp; $189656 |
| IQVIA, Inc.,<br> Gtd. Notes | 2.250 | &nbsp;&nbsp;03/15/29 | &nbsp;&nbsp;EUR | 250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227906 |
| JPMorgan Chase & Co.,<br> Jr. Sub. Notes, Series HH | 4.600(ff) | &nbsp;&nbsp;02/01/25(oo) |  | 420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393882 |
| KB Home,<br> Gtd. Notes | 4.800 | &nbsp;&nbsp;11/15/29 |  | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67372 |
| Lamb Weston Holdings, Inc.,<br> Gtd. Notes, 144A | 4.375 | &nbsp;&nbsp;01/31/32 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22372 |
| Lumen Technologies, Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, Series P | 7.600 | &nbsp;&nbsp;09/15/39 |  | &nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20267 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, Series U | 7.650 | &nbsp;&nbsp;03/15/42 |  | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65829 |
| Medline Borrower LP, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A | 3.875 | &nbsp;&nbsp;04/01/29 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 5.250 | &nbsp;&nbsp;10/01/29 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20981 |
| MGM Resorts International, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 4.750 | &nbsp;&nbsp;10/15/28 |  | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135952 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 5.500 | &nbsp;&nbsp;04/15/27 |  | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144907 |
| MPT Operating Partnership LP/MPT Finance Corp., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 2.500 | &nbsp;&nbsp;03/24/26 | &nbsp;&nbsp;GBP | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97069 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 3.692 | &nbsp;&nbsp;06/05/28 | &nbsp;&nbsp;GBP | 155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136363 |
| Nabors Industries, Inc.,<br> Gtd. Notes | 5.750 | &nbsp;&nbsp;02/01/25 |  | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72784 |
| Nationstar Mortgage Holdings, Inc.,<br> Gtd. Notes, 144A | 5.500 | &nbsp;&nbsp;08/15/28 |  | 120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104834 |
| NRG Energy, Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | 3.625 | &nbsp;&nbsp;02/15/31 |  | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118912 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | 5.250 | &nbsp;&nbsp;06/15/29 |  | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135428 |
| OneMain Finance Corp., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 6.875 | &nbsp;&nbsp;03/15/25 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 7.125 | &nbsp;&nbsp;03/15/26 |  | 125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124315 |
| PennyMac Financial Services, Inc.,<br> Gtd. Notes, 144A | 4.250 | &nbsp;&nbsp;02/15/29 |  | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82188 |
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.,<br> Gtd. Notes, 144A | 5.875 | &nbsp;&nbsp;09/01/31 |  | &nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34863 |
| Rockies Express Pipeline LLC,<br> Sr. Unsec'd. Notes, 144A | 6.875 | &nbsp;&nbsp;04/15/40 |  | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63817 |
| Sally Holdings LLC/Sally Capital, Inc.,<br> Gtd. Notes | 5.625 | &nbsp;&nbsp;12/01/25 |  | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98999 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** |
| Scientific Games International, Inc.,<br> Gtd. Notes, 144A | &nbsp;&nbsp;8.625% | &nbsp;&nbsp;07/01/25 |  | 300 | &nbsp;&nbsp; $307669 |
| Service Properties Trust,<br> Sr. Unsec'd. Notes | &nbsp;&nbsp;4.350 | &nbsp;&nbsp;10/01/24 |  | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141406 |
| Standard Industries, Inc.,<br> Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;07/15/30 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21435 |
| Suburban Propane Partners LP/Suburban Energy Finance Corp.,<br> Sr. Unsec'd. Notes | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;03/01/27 |  | 175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169366 |
| Tallgrass Energy Partners LP/Tallgrass Energy<br> Finance Corp., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;12/31/30 |  | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;10/01/25 |  | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152279 |
| Taylor Morrison Communities, Inc.,<br> Gtd. Notes, 144A | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;01/15/28 |  | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145561 |
| Tenet Healthcare Corp.,<br> Gtd. Notes | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;10/01/28 |  | &nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46565 |
| Thermo Fisher Scientific, Inc.,<br> Sr. Unsec'd. Notes | &nbsp;&nbsp;3.650 | &nbsp;&nbsp;11/21/34 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108103 |
| TPC Group, Inc.,<br> Sr. Sec'd. Notes, 144A | 13.000 | &nbsp;&nbsp;12/16/27 |  | &nbsp;&nbsp;22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22052 |
| Transocean, Inc.,<br> Gtd. Notes, 144A | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;11/01/25 |  | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71063 |
| U.S. Bancorp,<br> Jr. Sub. Notes | &nbsp;&nbsp;3.700(ff) | &nbsp;&nbsp;01/15/27(oo) |  | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174737 |
| UGI International LLC,<br> Gtd. Notes, 144A | &nbsp;&nbsp;2.500 | &nbsp;&nbsp;12/01/29 | &nbsp;&nbsp;EUR | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88179 |
| United Airlines, Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;04/15/26 |  | &nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61745 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;04/15/29 |  | &nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13686 |
| United Rentals North America, Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;01/15/32 |  | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21617 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | &nbsp;&nbsp;4.875 | &nbsp;&nbsp;01/15/28 |  | 120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116251 |
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC,<br> Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;02/15/25 |  | &nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49336 |
| Vector Group Ltd.,<br> Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;02/01/29 |  | 125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109102 |
| Venture Global Calcasieu Pass LLC, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;08/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;08/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4436 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** |
| Vistra Corp., |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Jr. Sub. Notes, 144A | &nbsp;&nbsp;7.000 %(ff) | &nbsp;&nbsp;12/15/26(oo) | &nbsp;&nbsp;25 | &nbsp;&nbsp; $23534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jr. Sub. Notes, 144A | &nbsp;&nbsp;8.000(ff) | &nbsp;&nbsp;10/15/26(oo) | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97949 |
| Vistra Operations Co. LLC,<br> Gtd. Notes, 144A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07/31/27 | 180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169308 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10246804 |
| **Total Corporate Bonds<br> (cost $27,902,277)** | **Total Corporate Bonds<br> (cost $27,902,277)** | **Total Corporate Bonds<br> (cost $27,902,277)** | **Total Corporate Bonds<br> (cost $27,902,277)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22511664 |
| **Floating Rate and other Loans 0.5%** | **Floating Rate and other Loans 0.5%** | **Floating Rate and other Loans 0.5%** | **Floating Rate and other Loans 0.5%** | **Floating Rate and other Loans 0.5%** |
| **United States** | **United States** | **United States** | **United States** | **United States** |
| Ascent Resources Utica Holdings LLC,<br> Second Lien Term Loan, 3 Month LIBOR + 9.000% | 13.815(c) | &nbsp;&nbsp;11/01/25 | 178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188680 |
| Diamond Sports Group LLC, |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;First Lien Term Loan, 6 Month SOFR + 8.250% | 12.775(c) | &nbsp;&nbsp;05/25/26 | &nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Second Lien Term loan, 1 Month SOFR + 3.400% | &nbsp;&nbsp;8.025(c) | &nbsp;&nbsp;08/24/26 | &nbsp;&nbsp;89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7347 |
| **Total Floating Rate and other Loans<br> (cost $220,658)** | **Total Floating Rate and other Loans<br> (cost $220,658)** | **Total Floating Rate and other Loans<br> (cost $220,658)** | **Total Floating Rate and other Loans<br> (cost $220,658)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199864 |
| **Municipal Bond 0.3%** | **Municipal Bond 0.3%** | **Municipal Bond 0.3%** | **Municipal Bond 0.3%** | **Municipal Bond 0.3%** |
| **Puerto Rico** | **Puerto Rico** | **Puerto Rico** | **Puerto Rico** | **Puerto Rico** |
| Commonwealth of Puerto Rico,<br> General Obligation, Sub-Series C<br> (cost $159,988) | &nbsp;&nbsp;0.000(cc) | &nbsp;&nbsp;11/01/43 | 284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125644 |
| **Residential Mortgage-Backed Securities 6.3%** | **Residential Mortgage-Backed Securities 6.3%** | **Residential Mortgage-Backed Securities 6.3%** | **Residential Mortgage-Backed Securities 6.3%** | **Residential Mortgage-Backed Securities 6.3%** |
| **Spain 0.1%** | **Spain 0.1%** | **Spain 0.1%** | **Spain 0.1%** | **Spain 0.1%** |
| Retiro Mortgage Securities DAC,<br> Series 01A, Class A1, 144A, 3 Month EURIBOR + 2.000% (Cap 5.000%, Floor 0.000%) | &nbsp;&nbsp;4.468(c) | &nbsp;&nbsp;07/30/75 | &nbsp;&nbsp;59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60423 |
| **United States 6.2%** | **United States 6.2%** | **United States 6.2%** | **United States 6.2%** | **United States 6.2%** |
| Bellemeade Re Ltd.,<br> Series 2019-03A, Class M1B, 144A, 1 Month LIBOR + 1.600% (Cap N/A, Floor 1.600%) | &nbsp;&nbsp;6.106(c) | &nbsp;&nbsp;07/25/29 | &nbsp;&nbsp;38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37760 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Residential Mortgage-Backed Securities (Continued)** | **Residential Mortgage-Backed Securities (Continued)** | **Residential Mortgage-Backed Securities (Continued)** | **Residential Mortgage-Backed Securities (Continued)** | **Residential Mortgage-Backed Securities (Continued)** |
| **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** |
| BVRT Financing Trust,<br> Series 2021-04, Class F, 144A, 1 Month SOFR + 2.000%^ | 6.245 %(c) | &nbsp;&nbsp;09/12/26 | &nbsp;&nbsp;31 | &nbsp;&nbsp; $30918 |
| Connecticut Avenue Securities Trust,<br> Series 2022-R04, Class 1B1, 144A, 30 Day Average SOFR + 5.250% (Cap N/A, Floor 0.000%) | 9.560(c) | &nbsp;&nbsp;03/25/42 | &nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30355 |
| FHLMC Structured Agency Credit Risk REMIC Trust, |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-DNA05, Class B1, 144A, 30 Day Average SOFR + 3.050% (Cap N/A, Floor 0.000%) | 7.360(c) | &nbsp;&nbsp;01/25/34 | 110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104778 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-DNA05, Class M2, 144A, 30 Day Average SOFR + 1.650% (Cap N/A, Floor 0.000%) | 5.960(c) | &nbsp;&nbsp;01/25/34 | &nbsp;&nbsp;32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-HQA01, Class B1, 144A, 30 Day Average SOFR + 3.000% (Cap N/A, Floor 0.000%) | 7.310(c) | &nbsp;&nbsp;08/25/33 | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173028 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-HQA01, Class M2, 144A, 30 Day Average SOFR + 2.250% (Cap N/A, Floor 0.000%) | 6.560(c) | &nbsp;&nbsp;08/25/33 | 400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388927 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-HQA02, Class B1, 144A, 30 Day Average SOFR + 3.150% (Cap N/A, Floor 0.000%) | 7.460(c) | &nbsp;&nbsp;12/25/33 | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-HQA03, Class B1, 144A, 30 Day Average SOFR + 3.350% (Cap N/A, Floor 0.000%) | 7.660(c) | &nbsp;&nbsp;09/25/41 | &nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53939 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-HQA03, Class M2, 144A, 30 Day Average SOFR + 2.100% (Cap N/A, Floor 0.000%) | 6.410(c) | &nbsp;&nbsp;09/25/41 | 130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116521 |
| Home Re Ltd., |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-01, Class M1C, 144A, 1 Month LIBOR + 2.300% (Cap N/A, Floor 0.000%) | 6.806(c) | &nbsp;&nbsp;07/25/33 | 185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-02, Class M1B, 144A, 30 Day Average SOFR + 1.600% (Cap N/A, Floor 0.000%) | 5.910(c) | &nbsp;&nbsp;01/25/34 | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148077 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-02, Class M1C, 144A, 30 Day Average SOFR + 2.800% (Cap N/A, Floor 0.000%) | 7.110(c) | &nbsp;&nbsp;01/25/34 | 175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171037 |
| Oaktown Re VII Ltd., |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-02, Class M1A, 144A, 30 Day Average SOFR + 1.600% (Cap N/A, Floor 1.600%) | 5.910(c) | &nbsp;&nbsp;04/25/34 | 700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;688140 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Residential Mortgage-Backed Securities (Continued)** | **Residential Mortgage-Backed Securities (Continued)** | **Residential Mortgage-Backed Securities (Continued)** | **Residential Mortgage-Backed Securities (Continued)** | **Residential Mortgage-Backed Securities (Continued)** | **Residential Mortgage-Backed Securities (Continued)** |
| **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** | **United States (cont'd.)** |
| Oaktown Re VII Ltd., (cont'd.) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-02, Class M1B, 144A, 30 Day Average SOFR + 2.900% (Cap N/A, Floor 2.900%) | 7.210 %(c) | &nbsp;&nbsp;04/25/34 |  | 200 | &nbsp;&nbsp; $187046 |
| PNMAC GMSR Issuer Trust, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-GT01, Class A, 144A, 1 Month LIBOR + 2.850% (Cap N/A, Floor 2.850%) | 7.356(c) | &nbsp;&nbsp;02/25/23 |  | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-GT02, Class A, 144A, 1 Month LIBOR + 2.650% (Cap N/A, Floor 0.000%) | 7.156(c) | &nbsp;&nbsp;08/25/25 |  | 100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96536 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2628068 |
| **Total Residential Mortgage-Backed Securities<br> (cost $2,810,573)** | **Total Residential Mortgage-Backed Securities<br> (cost $2,810,573)** | **Total Residential Mortgage-Backed Securities<br> (cost $2,810,573)** | **Total Residential Mortgage-Backed Securities<br> (cost $2,810,573)** | **Total Residential Mortgage-Backed Securities<br> (cost $2,810,573)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2688491 |
| **Sovereign Bonds 11.5%** | **Sovereign Bonds 11.5%** | **Sovereign Bonds 11.5%** | **Sovereign Bonds 11.5%** | **Sovereign Bonds 11.5%** | **Sovereign Bonds 11.5%** |
| **Brazil 0.7%** | **Brazil 0.7%** | **Brazil 0.7%** | **Brazil 0.7%** | **Brazil 0.7%** | **Brazil 0.7%** |
| Brazil Minas SPE via State of Minas Gerais,<br> Gov't. Gtd. Notes | 5.333 | &nbsp;&nbsp;02/15/28 |  | 330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322637 |
| **Bulgaria 0.7%** | **Bulgaria 0.7%** | **Bulgaria 0.7%** | **Bulgaria 0.7%** | **Bulgaria 0.7%** | **Bulgaria 0.7%** |
| Bulgaria Government International Bond, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 4.125 | &nbsp;&nbsp;09/23/29 | &nbsp;&nbsp;EUR | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 4.500 | &nbsp;&nbsp;01/27/33 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91022 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305503 |
| **Greece 0.9%** | **Greece 0.9%** | **Greece 0.9%** | **Greece 0.9%** | **Greece 0.9%** | **Greece 0.9%** |
| Hellenic Republic Government International Bond, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 5.200 | &nbsp;&nbsp;07/17/34 | &nbsp;&nbsp;EUR | 120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 6.140 | &nbsp;&nbsp;04/14/28 | &nbsp;&nbsp;EUR | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240080 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374394 |
| **Indonesia 0.4%** | **Indonesia 0.4%** | **Indonesia 0.4%** | **Indonesia 0.4%** | **Indonesia 0.4%** | **Indonesia 0.4%** |
| Indonesia Government International Bond,<br> Sr. Unsec'd. Notes | 1.100 | &nbsp;&nbsp;03/12/33 | &nbsp;&nbsp;EUR | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161737 |
| **Italy 0.9%** | **Italy 0.9%** | **Italy 0.9%** | **Italy 0.9%** | **Italy 0.9%** | **Italy 0.9%** |
| Italy Buoni Poliennali Del Tesoro,<br> Sr. Unsec'd. Notes, Series 10YR | 0.950 | &nbsp;&nbsp;06/01/32 | &nbsp;&nbsp;EUR | 450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373305 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Sovereign Bonds (Continued)** | **Sovereign Bonds (Continued)** | **Sovereign Bonds (Continued)** | **Sovereign Bonds (Continued)** | **Sovereign Bonds (Continued)** | **Sovereign Bonds (Continued)** |
| **Mexico 0.7%** | **Mexico 0.7%** | **Mexico 0.7%** | **Mexico 0.7%** | **Mexico 0.7%** | **Mexico 0.7%** |
| Mexico Government International Bond,<br> Sr. Unsec'd. Notes, MTN | 4.125% | &nbsp;&nbsp;01/21/26 |  | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp; $297150 |
| **Romania 0.8%** | **Romania 0.8%** | **Romania 0.8%** | **Romania 0.8%** | **Romania 0.8%** | **Romania 0.8%** |
| Romanian Government International Bond, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, EMTN | 3.500 | &nbsp;&nbsp;04/03/34 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, EMTN | 4.125 | &nbsp;&nbsp;03/11/39 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244609 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328727 |
| **Serbia 1.4%** | **Serbia 1.4%** | **Serbia 1.4%** | **Serbia 1.4%** | **Serbia 1.4%** | **Serbia 1.4%** |
| Serbia International Bond, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 1.500 | &nbsp;&nbsp;06/26/29 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 1.650 | &nbsp;&nbsp;03/03/33 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356823 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602818 |
| **Spain 2.5%** | **Spain 2.5%** | **Spain 2.5%** | **Spain 2.5%** | **Spain 2.5%** | **Spain 2.5%** |
| Autonomous Community of Catalonia,<br> Sr. Unsec'd. Notes, EMTN | 6.350 | &nbsp;&nbsp;11/30/41 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66040 |
| Spain Government Bond, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A(k) | 1.450 | &nbsp;&nbsp;10/31/27 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A(k) | 1.450 | &nbsp;&nbsp;04/30/29 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403001 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1080175 |
| **Turkey 1.2%** | **Turkey 1.2%** | **Turkey 1.2%** | **Turkey 1.2%** | **Turkey 1.2%** | **Turkey 1.2%** |
| Turkey Government International Bond,<br> Sr. Unsec'd. Notes | 4.625 | &nbsp;&nbsp;03/31/25 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525909 |
| **Ukraine 1.3%** | **Ukraine 1.3%** | **Ukraine 1.3%** | **Ukraine 1.3%** | **Ukraine 1.3%** | **Ukraine 1.3%** |
| Ukraine Government International Bond, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 4.375 | &nbsp;&nbsp;01/27/32(d) | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177189 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 6.750 | &nbsp;&nbsp;06/20/28(d) | &nbsp;&nbsp;EUR | 1300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265699 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A | 4.375 | &nbsp;&nbsp;01/27/32(d) | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120674 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563562 |
| **Total Sovereign Bonds<br> (cost $7,593,712)** | **Total Sovereign Bonds<br> (cost $7,593,712)** | **Total Sovereign Bonds<br> (cost $7,593,712)** | **Total Sovereign Bonds<br> (cost $7,593,712)** | **Total Sovereign Bonds<br> (cost $7,593,712)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4935917 |
| **U.S. Treasury Obligations(h) 2.1%** | **U.S. Treasury Obligations(h) 2.1%** | **U.S. Treasury Obligations(h) 2.1%** | **U.S. Treasury Obligations(h) 2.1%** | **U.S. Treasury Obligations(h) 2.1%** | **U.S. Treasury Obligations(h) 2.1%** |
| U.S. Treasury Notes(k) | 1.375 | &nbsp;&nbsp;01/31/25 |  | &nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260326 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **U.S. Treasury Obligations (Continued)** | **U.S. Treasury Obligations (Continued)** | **U.S. Treasury Obligations (Continued)** | **U.S. Treasury Obligations (Continued)** | **U.S. Treasury Obligations (Continued)** |
| U.S. Treasury Notes | 4.250% | &nbsp;&nbsp;09/30/24 | 620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $618620 |
| **Total U.S. Treasury Obligations<br> (cost $895,752)** | **Total U.S. Treasury Obligations<br> (cost $895,752)** | **Total U.S. Treasury Obligations<br> (cost $895,752)** | **Total U.S. Treasury Obligations<br> (cost $895,752)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878946 |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** |  |
| **Common Stocks 0.7%** | **Common Stocks 0.7%** | **Common Stocks 0.7%** |
| **Luxembourg 0.2%** | **Luxembourg 0.2%** | **Luxembourg 0.2%** |
| Intelsat Emergence SA\* | &nbsp;&nbsp;4592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108295 |
| **Spain 0.0%** | **Spain 0.0%** | **Spain 0.0%** |
| Codere New Topco SA^<br> (original Cost $0; purchased 11/19/21)(f) | &nbsp;&nbsp;1910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **United States 0.5%** | **United States 0.5%** | **United States 0.5%** |
| Chesapeake Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57756 |
| Ferrellgas Partners LP (Class B Stock)<br> (original cost $69,478; purchased 10/25/19)^(f) | &nbsp;&nbsp;&nbsp;&nbsp;253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47483 |
| GenOn Energy Holdings, Inc. (Class A Stock)<br> (original cost $65,599; purchased 02/28/19)^(f) | &nbsp;&nbsp;&nbsp;&nbsp;610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61000 |
| TPC Group, Inc.\*^ | &nbsp;&nbsp;1653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33060 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199299 |
| **Total Common Stocks<br> (cost $221,757)** | **Total Common Stocks<br> (cost $221,757)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307594 |
| **Exchange-Traded Funds 3.4%** | **Exchange-Traded Funds 3.4%** | **Exchange-Traded Funds 3.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares 0-5 Year High Yield Corporate Bond ETF | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420100 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MBS ETF | 11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1054680 |
| **Total Exchange-Traded Funds<br> (cost $1,398,185)** | **Total Exchange-Traded Funds<br> (cost $1,398,185)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1474780 |
| **Preferred Stock 0.3%** | **Preferred Stock 0.3%** | **Preferred Stock 0.3%** |
| **United States** | **United States** | **United States** |
| Ferrellgas Escrow LLC, 8.956%, Maturing 03/30/31^<br> (cost $145,500; original cost $150,000; purchased 03/29/21)(f) | &nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **Rights\* 0.0%** | **Rights\* 0.0%** | **Rights\* 0.0%** |
| **Luxembourg** | **Luxembourg** | **Luxembourg** |
| &nbsp;&nbsp;&nbsp;&nbsp;Intelsat Jackson Holdings SA, Series A (Luxembourg) CVR, expiring 12/05/25^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479 | &nbsp;&nbsp; $4565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intelsat Jackson Holdings SA, Series B (Luxembourg) CVR, expiring 12/05/25^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;948 |
| **Total Rights<br> (cost $0)** | **Total Rights<br> (cost $0)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5513 |
| **Total Long-Term Investments<br> (cost $50,074,508)** | **Total Long-Term Investments<br> (cost $50,074,508)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41068008 |
| **Short-Term Investments 1.9%** | **Short-Term Investments 1.9%** | **Short-Term Investments 1.9%** |
| **Affiliated Mutual Fund 0.1%** | **Affiliated Mutual Fund 0.1%** | **Affiliated Mutual Fund 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;PGIM Institutional Money Market Fund<br> (cost $40,934; includes $37,918 of cash collateral for securities on loan)(b)(we) | &nbsp;&nbsp;&nbsp;40969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40961 |
| **Unaffiliated Fund 1.1%** | **Unaffiliated Fund 1.1%** | **Unaffiliated Fund 1.1%** |
| Dreyfus Government Cash Management (Institutional Shares)<br> (cost $499,660) | &nbsp;&nbsp;499660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499660 |
| **Options Purchased\*~ 0.7%** | **Options Purchased\*~ 0.7%** | **Options Purchased\*~ 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;(cost $193,726) | &nbsp;&nbsp;&nbsp;&nbsp;(cost $193,726) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286533 |
| **Total Short-Term Investments<br> (cost $734,320)** | **Total Short-Term Investments<br> (cost $734,320)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827154 |
| **TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN 98.0%<br> (cost $50,808,828)** | **TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN 98.0%<br> (cost $50,808,828)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41895162 |
| **Options Written\*~ (0.6)%** | **Options Written\*~ (0.6)%** | **Options Written\*~ (0.6)%** |
| &nbsp;&nbsp;&nbsp;&nbsp;(premiums received $172,772) | &nbsp;&nbsp;&nbsp;&nbsp;(premiums received $172,772) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(238019) |
| **TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN 97.4%<br> (cost $50,636,056)** | **TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN 97.4%<br> (cost $50,636,056)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41657143 |
| Other assets in excess of liabilities(z) 2.6% | Other assets in excess of liabilities(z) 2.6% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1095355 |
| **Net Assets 100.0%** | **Net Assets 100.0%** | $42752498 |

---

------

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:

---

| |
|:---|
| AUD—Australian Dollar |
| BRL—Brazilian Real |
| CAD—Canadian Dollar |
| CHF—Swiss Franc |
| CLP—Chilean Peso |
| DKK—Danish Krone |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| |
|:---|
| EUR—Euro |
| GBP—British Pound |
| HUF—Hungarian Forint |
| JPY—Japanese Yen |
| MXN—Mexican Peso |
| NOK—Norwegian Krone |
| NZD—New Zealand Dollar |
| PLN—Polish Zloty |
| SAR—Saudi Arabian Riyal |
| SEK—Swedish Krona |
| SGD—Singapore Dollar |
| USD—US 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. |
| A—Annual payment frequency for swaps |
| BARC—Barclays Bank PLC |
| BNP—BNP Paribas S.A. |
| BOA—Bank of America, N.A. |
| CDX—Credit Derivative Index |
| CITI—Citibank, N.A. |
| CLO—Collateralized Loan Obligation |
| CME—Chicago Mercantile Exchange |
| CVR—Contingent Value Rights |
| DB—Deutsche Bank AG |
| EMTN—Euro Medium Term Note |
| ETF—Exchange-Traded Fund |
| EURIBOR—Euro Interbank Offered Rate |
| FHLMC—Federal Home Loan Mortgage Corporation |
| GMTN—Global Medium Term Note |
| GSI—Goldman Sachs International |
| HSBC—HSBC Bank PLC |
| JIBAR—Johannesburg Interbank Agreed Rate |
| JPM—JPMorgan Chase Bank N.A. |
| LIBOR—London Interbank Offered Rate |
| LP—Limited Partnership |
| MBS—Mortgage-Backed Security |
| MSI—Morgan Stanley & Co International PLC |
| MTN—Medium Term Note |
| NASDAQ—National Association of Securities Dealers Automated Quotations |
| OTC—Over-the-counter |
| PIK—Payment-in-Kind |
| PJSC—Public Joint-Stock Company |
| Q—Quarterly payment frequency for swaps |
| REMIC—Real Estate Mortgage Investment Conduit |
| S—Semiannual payment frequency for swaps |
| SCB—Standard Chartered Bank |
| SOFR—Secured Overnight Financing Rate |
| SONIA—Sterling Overnight Index Average |
| T—Swap payment upon termination |
| TD—The Toronto-Dominion Bank |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)
UAG—UBS AG

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| # | Principal or notional amount is shown in U.S. dollars unless otherwise stated. |
| ~ | See tables subsequent to the Schedule of Investments for options detail. |
| ^ | Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $585,787 and 1.4% of net assets. |
| (a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $34,617; cash collateral of $37,918 (included in liabilities) was received with which the Fund 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 Fund 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. |
| (c) | Variable rate instrument. The interest rate shown reflects the rate in effect at January 31, 2023. |
| (cc) | Variable rate instrument. The rate shown is based on the latest available information as of January 31, 2023. 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. |
| (f) | Indicates a restricted security that is acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer and is considered restricted as to disposition under federal securities law; the aggregate original cost of such securities is $1,470,600. The aggregate value of $877,867 is 2.1% of net assets. |
| (ff) | Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of period end. |
| (h) | Represents security, or a portion thereof, segregated as collateral for OTC derivatives. |
| (k) | Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives. |
| (oo) | Perpetual security. Maturity date represents next call date. |
| (r) | Principal or notional amount is less than $500 par. |
| (s) | Represents zero coupon bond or principal only security. Rate represents yield to maturity at purchase date. |
| (we) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the 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: |

---

#### Options Purchased :

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Exchange Traded** | **Exchange Traded** | **Exchange Traded** | **Exchange Traded** | **Exchange Traded** | **Exchange Traded** | **Exchange Traded** | **Exchange Traded** |
| **Description** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Strike** | &nbsp;&nbsp;**Contracts** |  | &nbsp;&nbsp;**Notional<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |  |
| NASDAQ 100 E-Mini Index &nbsp;&nbsp;Call | &nbsp;&nbsp;03/17/23 | &nbsp;&nbsp;$11800.00 |  | &nbsp;&nbsp;5 |  | &nbsp;&nbsp;—(r) | &nbsp;&nbsp; $62151 |
| NASDAQ 100 E-Mini Index &nbsp;&nbsp;Call | &nbsp;&nbsp;03/17/23 | &nbsp;&nbsp;$12800.00 |  | &nbsp;&nbsp;5 |  | &nbsp;&nbsp;—(r) | &nbsp;&nbsp;&nbsp;&nbsp;13700 |
| **Total Exchange Traded (cost $37,949)** |  |  |  |  |  |  | &nbsp;&nbsp;$75851 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **OTC Traded** | **OTC Traded** | **OTC Traded** | **OTC Traded** | **OTC Traded** | **OTC Traded** | **OTC Traded** | **OTC Traded** |
| **Description** | &nbsp;&nbsp;**Call/<br> Put** | **Counterparty** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Strike** | &nbsp;&nbsp;**Contracts** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| Currency Option USD vs BRL | &nbsp;&nbsp;Put | MSI | &nbsp;&nbsp;01/10/24 | &nbsp;&nbsp;&nbsp;&nbsp;5.40 | &nbsp;&nbsp;— | &nbsp;&nbsp;1300 | &nbsp;&nbsp; $84996 |
| Currency Option USD vs MXN | &nbsp;&nbsp;Put | MSI | &nbsp;&nbsp;01/10/24 | &nbsp;&nbsp;19.50 | &nbsp;&nbsp;— | &nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;79158 |
| **Total OTC Traded (cost $143,179)** | **Total OTC Traded (cost $143,179)** | **Total OTC Traded (cost $143,179)** |  |  |  |  | &nbsp;&nbsp;$164154 |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** |  |
| **Description** | &nbsp;&nbsp;**Call/<br> Put** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Strike** | &nbsp;&nbsp;**Receive** | &nbsp;&nbsp;**Pay** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)#** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| 2- Year Interest Rate Swap, 05/21/25 | &nbsp;&nbsp;Call DB | &nbsp;&nbsp;05/17/23 | &nbsp;&nbsp;2.05% | &nbsp;&nbsp;2.05%(A) | &nbsp;&nbsp;3 Month SAIBOR(Q)/ 5.480% | &nbsp;&nbsp;SAR | &nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— |
| 2- Year Interest Rate Swap, 05/21/25 | &nbsp;&nbsp;&nbsp;Put DB | &nbsp;&nbsp;05/17/23 | &nbsp;&nbsp;2.05% | &nbsp;&nbsp;3 Month SAIBOR(Q)/ 5.480% | &nbsp;&nbsp;2.05%(A) | &nbsp;&nbsp;SAR | &nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp;46528 |
| **Total OTC Swaptions (cost $12,598)** | **Total OTC Swaptions (cost $12,598)** | **Total OTC Swaptions (cost $12,598)** | **Total OTC Swaptions (cost $12,598)** | **Total OTC Swaptions (cost $12,598)** | **Total OTC Swaptions (cost $12,598)** |  |  | $46528 |
| **Total Options Purchased (cost $193,726)** | **Total Options Purchased (cost $193,726)** | **Total Options Purchased (cost $193,726)** | **Total Options Purchased (cost $193,726)** | **Total Options Purchased (cost $193,726)** | **Total Options Purchased (cost $193,726)** |  |  | $286533 |

---

#### Options Written :

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Exchange Traded** | **Exchange Traded** | **Exchange Traded** | **Exchange Traded** | **Exchange Traded** | **Exchange Traded** |
| **Description** | **Expiration<br> Date** | &nbsp;&nbsp;**Strike** | &nbsp;&nbsp;**Contracts** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| NASDAQ 100 E-Mini Index &nbsp;&nbsp;Call | 03/17/23 | &nbsp;&nbsp;$12300.00 | &nbsp;&nbsp;10 | &nbsp;&nbsp;—(r) | &nbsp;&nbsp; $(65250) |
| &nbsp;&nbsp;&nbsp;(premiums received $28,077) |  |  |  |  |  |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **OTC Traded** | **OTC Traded** | **OTC Traded** | **OTC Traded** | **OTC Traded** | **OTC Traded** | **OTC Traded** | **OTC Traded** |
| **Description** | &nbsp;&nbsp;**Call/<br> Put** | **Counterparty** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Strike** | &nbsp;&nbsp;**Contracts** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| Currency Option USD vs BRL | &nbsp;&nbsp;Call | MSI | &nbsp;&nbsp;01/10/24 | &nbsp;&nbsp;&nbsp;&nbsp;6.70 | &nbsp;&nbsp;— | &nbsp;&nbsp;1300 | &nbsp;&nbsp; $(20619) |
| Currency Option USD vs MXN | &nbsp;&nbsp;Call | MSI | &nbsp;&nbsp;01/10/24 | &nbsp;&nbsp;22.50 | &nbsp;&nbsp;— | &nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;(42728) |
| Currency Option USD vs BRL | &nbsp;&nbsp;&nbsp;Put | MSI | &nbsp;&nbsp;01/10/24 | &nbsp;&nbsp;&nbsp;&nbsp;5.10 | &nbsp;&nbsp;— | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;(51048) |
| **Total OTC Traded (premiums received $129,695)** | **Total OTC Traded (premiums received $129,695)** | **Total OTC Traded (premiums received $129,695)** |  |  |  |  | &nbsp;&nbsp;$(114395) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** | **OTC Swaptions** |
| **Description** | &nbsp;&nbsp;**Call/<br> Put** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Strike** | &nbsp;&nbsp;**Receive** | &nbsp;&nbsp;**Pay** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| 2- Year Interest Rate Swap, 05/19/25 | &nbsp;&nbsp;Call DB | &nbsp;&nbsp;05/17/23 | &nbsp;&nbsp;1.13% | &nbsp;&nbsp;3 Month LIBOR(Q)/ 4.814% | &nbsp;&nbsp;1.13%(S) | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(3) |
| 2- Year Interest Rate Swap, 05/19/25 | &nbsp;&nbsp;&nbsp;Put DB | &nbsp;&nbsp;05/17/23 | &nbsp;&nbsp;1.13% | &nbsp;&nbsp;1.13%(S) | &nbsp;&nbsp;3 Month LIBOR(Q)/ 4.814% | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;(58371) |
| **Total OTC Swaptions (premiums received $15,000)** | **Total OTC Swaptions (premiums received $15,000)** | **Total OTC Swaptions (premiums received $15,000)** | **Total OTC Swaptions (premiums received $15,000)** | **Total OTC Swaptions (premiums received $15,000)** | **Total OTC Swaptions (premiums received $15,000)** |  | $(58374) |
| **Total Options Written (premiums received $172,772)** | **Total Options Written (premiums received $172,772)** | **Total Options Written (premiums received $172,772)** | **Total Options Written (premiums received $172,772)** | **Total Options Written (premiums received $172,772)** | **Total Options Written (premiums received $172,772)** |  | $(238019) |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures contracts outstanding at January 31, 2023:** | **Futures contracts outstanding at January 31, 2023:** | **Futures contracts outstanding at January 31, 2023:** | **Futures contracts outstanding at January 31, 2023:** | **Futures contracts outstanding at January 31, 2023:** |
| **Number<br> of<br> Contracts** | **Type** | **Expiration<br> Date** | **Current<br> Notional<br> Amount** | **Value /<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| **Long Positions:** | **Long Positions:** | **Long Positions:** | **Long Positions:** | **Long Positions:** |
| 35 | 3 Month CME SOFR | Mar. 2023 | $8360406 | &nbsp;&nbsp;&nbsp; $4480 |
| 7 | 2 Year U.S. Treasury Notes | Mar. 2023 | &nbsp;&nbsp;&nbsp;1439539 | &nbsp;&nbsp;&nbsp;&nbsp;(3337) |
| 10 | 10 Year U.S. Treasury Notes | Mar. 2023 | &nbsp;&nbsp;&nbsp;1145156 | &nbsp;&nbsp;&nbsp;&nbsp;15283 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;16426 |
| **Short Positions:** | **Short Positions:** | **Short Positions:** | **Short Positions:** | **Short Positions:** |
| 51 | 5 Year Euro-Bobl | Mar. 2023 | &nbsp;&nbsp;&nbsp;6503657 | &nbsp;&nbsp;&nbsp;120084 |
| 75 | 5 Year U.S. Treasury Notes | Mar. 2023 | &nbsp;&nbsp;&nbsp;8193164 | &nbsp;&nbsp;&nbsp;(65035) |
| 22 | 10 Year Euro-Bund | Mar. 2023 | &nbsp;&nbsp;&nbsp;3272365 | &nbsp;&nbsp;&nbsp;109893 |
| 3 | 10 Year U.K. Gilt | Mar. 2023 | &nbsp;&nbsp;&nbsp;&nbsp;386536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(197) |
| 21 | 10 Year U.S. Ultra Treasury Notes | Mar. 2023 | &nbsp;&nbsp;&nbsp;2545266 | &nbsp;&nbsp;&nbsp;(44943) |
| 9 | 20 Year U.S. Treasury Bonds | Mar. 2023 | &nbsp;&nbsp;&nbsp;1168875 | &nbsp;&nbsp;&nbsp;(24134) |
| 7 | 30 Year U.S. Ultra Treasury Bonds | Mar. 2023 | &nbsp;&nbsp;&nbsp;&nbsp;992250 | &nbsp;&nbsp;&nbsp;&nbsp;(8674) |
| 30 | British Pound Currency | Mar. 2023 | &nbsp;&nbsp;&nbsp;2312438 | &nbsp;&nbsp;&nbsp;(57865) |
| 56 | Euro Schatz Index | Mar. 2023 | &nbsp;&nbsp;&nbsp;6437798 | &nbsp;&nbsp;&nbsp;&nbsp;47413 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;76542 |
|  |  |  |  | $92968 |

---

#### Forward foreign currency exchange contracts outstanding at January 31, 2023 :

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchase<br> Contracts** | **Counterparty** | **Notional<br> Amount<br> (000)** | **Notional<br> Amount<br> (000)** | **Value at<br> Settlement<br> Date** | **Current<br> Value** | **Unrealized<br> Appreciation** | **Unrealized<br> Depreciation** |
| **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** |
| Australian Dollar, | Australian Dollar, | Australian Dollar, | Australian Dollar, | Australian Dollar, | Australian Dollar, | Australian Dollar, | Australian Dollar, |
| &nbsp;&nbsp;Expiring 10/31/23 | JPM | AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp; $136791 | &nbsp;&nbsp; $140340 | &nbsp;&nbsp;&nbsp; $3549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— |
| Brazilian Real, | Brazilian Real, | Brazilian Real, | Brazilian Real, | Brazilian Real, | Brazilian Real, | Brazilian Real, | Brazilian Real, |
| &nbsp;&nbsp;Expiring 04/28/23 | MSI | BRL | &nbsp;&nbsp;&nbsp;&nbsp;1833 | &nbsp;&nbsp;&nbsp;&nbsp;278449 | &nbsp;&nbsp;&nbsp;&nbsp;355447 | &nbsp;&nbsp;&nbsp;&nbsp;76998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Canadian Dollar, | Canadian Dollar, | Canadian Dollar, | Canadian Dollar, | Canadian Dollar, | Canadian Dollar, | Canadian Dollar, | Canadian Dollar, |
| &nbsp;&nbsp;Expiring 04/19/23 | BOA | CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Chilean Peso, | Chilean Peso, | Chilean Peso, | Chilean Peso, | Chilean Peso, | Chilean Peso, | Chilean Peso, | Chilean Peso, |
| &nbsp;&nbsp;Expiring 03/15/23 | CITI | CLP | &nbsp;&nbsp;&nbsp;12741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, |
| &nbsp;&nbsp;Expiring 10/31/23 | BOA | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Expiring 10/31/23 | HSBC | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6455) |
| Hungarian Forint, | Hungarian Forint, | Hungarian Forint, | Hungarian Forint, | Hungarian Forint, | Hungarian Forint, | Hungarian Forint, | Hungarian Forint, |
| &nbsp;&nbsp;Expiring 04/19/23 | HSBC | HUF | &nbsp;&nbsp;&nbsp;41238 | &nbsp;&nbsp;&nbsp;&nbsp;108040 | &nbsp;&nbsp;&nbsp;&nbsp;111835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Expiring 04/19/23 | HSBC | HUF | &nbsp;&nbsp;&nbsp;27492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Expiring 04/19/23 | JPM | HUF | &nbsp;&nbsp;&nbsp;16518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Expiring 04/19/23 | TD | HUF | &nbsp;&nbsp;&nbsp;24777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Japanese Yen, | Japanese Yen, | Japanese Yen, | Japanese Yen, | Japanese Yen, | Japanese Yen, | Japanese Yen, | Japanese Yen, |
| &nbsp;&nbsp;Expiring 04/28/23 | MSI | JPY | &nbsp;&nbsp;&nbsp;20014 | &nbsp;&nbsp;&nbsp;&nbsp;177150 | &nbsp;&nbsp;&nbsp;&nbsp;155635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(21515) |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

#### Forward foreign currency exchange contracts outstanding at January 31, 2023 (continued):<br>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchase<br> Contracts** | **Counterparty** | **Notional<br> Amount<br> (000)** | **Notional<br> Amount<br> (000)** | **Value at<br> Settlement<br> Date** | **Current<br> Value** | **Unrealized<br> Appreciation** | **Unrealized<br> Depreciation** |
| **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** |
| Japanese Yen (cont'd.), | Japanese Yen (cont'd.), | Japanese Yen (cont'd.), | Japanese Yen (cont'd.), | Japanese Yen (cont'd.), | Japanese Yen (cont'd.), | Japanese Yen (cont'd.), | Japanese Yen (cont'd.), |
| &nbsp;&nbsp;Expiring 10/31/23 | BARC | JPY | &nbsp;&nbsp;&nbsp;21923 | &nbsp;&nbsp; $230000 | &nbsp;&nbsp; $175060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | $(54940) |
| &nbsp;&nbsp;Expiring 10/31/23 | BARC | JPY | &nbsp;&nbsp;&nbsp;13554 | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;108232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(31768) |
| &nbsp;&nbsp;Expiring 10/31/23 | BOA | JPY | 105610 | &nbsp;&nbsp;&nbsp;1058000 | &nbsp;&nbsp;&nbsp;&nbsp;843311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(214689) |
| &nbsp;&nbsp;Expiring 10/31/23 | DB | JPY | &nbsp;&nbsp;&nbsp;22335 | &nbsp;&nbsp;&nbsp;&nbsp;234000 | &nbsp;&nbsp;&nbsp;&nbsp;178351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(55649) |
| &nbsp;&nbsp;Expiring 10/31/23 | GSI | JPY | &nbsp;&nbsp;&nbsp;50469 | &nbsp;&nbsp;&nbsp;&nbsp;518000 | &nbsp;&nbsp;&nbsp;&nbsp;403002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(114998) |
| &nbsp;&nbsp;Expiring 10/31/23 | MSI | JPY | &nbsp;&nbsp;&nbsp;78211 | &nbsp;&nbsp;&nbsp;&nbsp;755589 | &nbsp;&nbsp;&nbsp;&nbsp;624527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(131062) |
| Mexican Peso, | Mexican Peso, | Mexican Peso, | Mexican Peso, | Mexican Peso, | Mexican Peso, | Mexican Peso, | Mexican Peso, |
| &nbsp;&nbsp;Expiring 03/15/23 | CITI | MXN | &nbsp;&nbsp;&nbsp;&nbsp;3127 | &nbsp;&nbsp;&nbsp;&nbsp;160238 | &nbsp;&nbsp;&nbsp;&nbsp;164766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Expiring 04/28/23 | JPM | MXN | &nbsp;&nbsp;&nbsp;&nbsp;4649 | &nbsp;&nbsp;&nbsp;&nbsp;192329 | &nbsp;&nbsp;&nbsp;&nbsp;242989 | &nbsp;&nbsp;&nbsp;&nbsp;50660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Expiring 04/28/23 | MSI | MXN | &nbsp;&nbsp;&nbsp;14804 | &nbsp;&nbsp;&nbsp;&nbsp;624000 | &nbsp;&nbsp;&nbsp;&nbsp;773767 | &nbsp;&nbsp;&nbsp;149767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| New Zealand Dollar, | New Zealand Dollar, | New Zealand Dollar, | New Zealand Dollar, | New Zealand Dollar, | New Zealand Dollar, | New Zealand Dollar, | New Zealand Dollar, |
| &nbsp;&nbsp;Expiring 04/19/23 | MSI | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Norwegian Krone, | Norwegian Krone, | Norwegian Krone, | Norwegian Krone, | Norwegian Krone, | Norwegian Krone, | Norwegian Krone, | Norwegian Krone, |
| &nbsp;&nbsp;Expiring 04/19/23 | CITI | NOK | &nbsp;&nbsp;&nbsp;&nbsp;1610 | &nbsp;&nbsp;&nbsp;&nbsp;163195 | &nbsp;&nbsp;&nbsp;&nbsp;161879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1316) |
| Polish Zloty, | Polish Zloty, | Polish Zloty, | Polish Zloty, | Polish Zloty, | Polish Zloty, | Polish Zloty, | Polish Zloty, |
| &nbsp;&nbsp;Expiring 04/19/23 | MSI | PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691 | &nbsp;&nbsp;&nbsp;&nbsp;157130 | &nbsp;&nbsp;&nbsp;&nbsp;158613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Swedish Krona, | Swedish Krona, | Swedish Krona, | Swedish Krona, | Swedish Krona, | Swedish Krona, | Swedish Krona, | Swedish Krona, |
| &nbsp;&nbsp;Expiring 04/19/23 | BOA | SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  |  |  |  | $5390672 | $5056291 | &nbsp;&nbsp;&nbsp;298011 | &nbsp;&nbsp;&nbsp;(632392) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Sale<br> Contracts** | **Counterparty** | **Notional<br> Amount<br> (000)** | **Notional<br> Amount<br> (000)** | **Value at<br> Settlement<br> Date** | **Current<br> Value** | **Unrealized<br> Appreciation** | **Unrealized<br> Depreciation** |
| **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** |
| Australian Dollar, | Australian Dollar, | Australian Dollar, | Australian Dollar, | Australian Dollar, | Australian Dollar, | Australian Dollar, | Australian Dollar, |
| &nbsp;&nbsp;Expiring 04/28/23 | HSBC | AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281 | &nbsp;&nbsp;&nbsp;&nbsp; $207943 | &nbsp;&nbsp;&nbsp;&nbsp; $199002 | &nbsp;&nbsp;&nbsp; $8941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— |
| Brazilian Real, | Brazilian Real, | Brazilian Real, | Brazilian Real, | Brazilian Real, | Brazilian Real, | Brazilian Real, | Brazilian Real, |
| &nbsp;&nbsp;Expiring 04/28/23 | BNP | BRL | &nbsp;&nbsp;&nbsp;&nbsp;1833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(71105) |
| British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, |
| &nbsp;&nbsp;Expiring 04/19/23 | CITI | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83) |
| &nbsp;&nbsp;Expiring 04/19/23 | HSBC | GBP | &nbsp;&nbsp;&nbsp;&nbsp;1871 | &nbsp;&nbsp;&nbsp;&nbsp;2284395 | &nbsp;&nbsp;&nbsp;&nbsp;2310157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(25762) |
| Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, |
| &nbsp;&nbsp;Expiring 04/19/23 | BOA | DKK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(292) |
| Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, |
| &nbsp;&nbsp;Expiring 04/19/23 | HSBC | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1017) |
| &nbsp;&nbsp;Expiring 04/19/23 | MSI | EUR | &nbsp;&nbsp;&nbsp;&nbsp;5461 | &nbsp;&nbsp;&nbsp;&nbsp;5957733 | &nbsp;&nbsp;&nbsp;&nbsp;5965763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8030) |
| &nbsp;&nbsp;Expiring 04/19/23 | SCB | EUR | &nbsp;&nbsp;&nbsp;&nbsp;5139 | &nbsp;&nbsp;&nbsp;&nbsp;5586667 | &nbsp;&nbsp;&nbsp;&nbsp;5613745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(27078) |
| &nbsp;&nbsp;Expiring 04/19/23 | SCB | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(14742) |
| &nbsp;&nbsp;Expiring 04/19/23 | UAG | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

#### Forward foreign currency exchange contracts outstanding at January 31, 2023 (continued):<br>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Sale<br> Contracts** | **Counterparty** | **Notional<br> Amount<br> (000)** | **Notional<br> Amount<br> (000)** | **Value at<br> Settlement<br> Date** | **Current<br> Value** | **Unrealized<br> Appreciation** | **Unrealized<br> Depreciation** |
| **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** |
| Japanese Yen, | Japanese Yen, | Japanese Yen, | Japanese Yen, | Japanese Yen, | Japanese Yen, | Japanese Yen, | Japanese Yen, |
| &nbsp;&nbsp;Expiring 10/31/23 | BOA | JPY | 165745 | $1624000 | $1323507 | $300493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— |
| &nbsp;&nbsp;Expiring 10/31/23 | BOA | JPY | 107140 | &nbsp;&nbsp;&nbsp;&nbsp;1062000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855531 | &nbsp;&nbsp;&nbsp;206469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Expiring 10/31/23 | CITI | JPY | &nbsp;&nbsp;&nbsp;27641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220714 | &nbsp;&nbsp;&nbsp;&nbsp;66117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Expiring 10/31/23 | CITI | JPY | &nbsp;&nbsp;&nbsp;&nbsp;5701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Mexican Peso, | Mexican Peso, | Mexican Peso, | Mexican Peso, | Mexican Peso, | Mexican Peso, | Mexican Peso, | Mexican Peso, |
| &nbsp;&nbsp;Expiring 04/28/23 | MSI | MXN | &nbsp;&nbsp;&nbsp;19453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844701 | &nbsp;&nbsp;&nbsp;&nbsp;1016756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(172055) |
| Singapore Dollar, | Singapore Dollar, | Singapore Dollar, | Singapore Dollar, | Singapore Dollar, | Singapore Dollar, | Singapore Dollar, | Singapore Dollar, |
| &nbsp;&nbsp;Expiring 03/15/23 | MSI | SGD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(491) |
| South African Rand, | South African Rand, | South African Rand, | South African Rand, | South African Rand, | South African Rand, | South African Rand, | South African Rand, |
| &nbsp;&nbsp;Expiring 03/15/23 | MSI | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(398) |
| Swiss Franc, | Swiss Franc, | Swiss Franc, | Swiss Franc, | Swiss Franc, | Swiss Franc, | Swiss Franc, | Swiss Franc, |
| &nbsp;&nbsp;Expiring 04/19/23 | MSI | CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8428) |
| &nbsp;&nbsp;Expiring 04/19/23 | MSI | CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(633) |
|  |  |  |  | $19799908 | $19538610 | &nbsp;&nbsp;&nbsp;591412 | &nbsp;&nbsp;&nbsp;(330114) |
|  |  |  |  |  |  | $889423 | $(962506) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Cross currency exchange contracts outstanding at January 31, 2023:** | **Cross currency exchange contracts outstanding at January 31, 2023:** | **Cross currency exchange contracts outstanding at January 31, 2023:** | **Cross currency exchange contracts outstanding at January 31, 2023:** | **Cross currency exchange contracts outstanding at January 31, 2023:** | **Cross currency exchange contracts outstanding at January 31, 2023:** | **Cross currency exchange contracts outstanding at January 31, 2023:** | **Cross currency exchange contracts outstanding at January 31, 2023:** | **Cross currency exchange contracts outstanding at January 31, 2023:** |
| **Settlement** | **Type** | **Notional<br> Amount<br> (000)** | **Notional<br> Amount<br> (000)** | **In Exchange<br> For (000)** | **In Exchange<br> For (000)** | **Unrealized<br> Appreciation** | **Unrealized<br> Depreciation** | **Counterparty** |
| **OTC Cross Currency Exchange Contracts:** | **OTC Cross Currency Exchange Contracts:** | **OTC Cross Currency Exchange Contracts:** | **OTC Cross Currency Exchange Contracts:** | **OTC Cross Currency Exchange Contracts:** | **OTC Cross Currency Exchange Contracts:** | **OTC Cross Currency Exchange Contracts:** | **OTC Cross Currency Exchange Contracts:** | **OTC Cross Currency Exchange Contracts:** |
| 04/28/23 | Buy | AUD | &nbsp;&nbsp;&nbsp;&nbsp;853 | &nbsp;&nbsp;JPY | 68288 | $73059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | MSI |
| 04/28/23 | Buy | JPY | 48274 | AUD | &nbsp;&nbsp;&nbsp;&nbsp;572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(29691) | DB |
| 10/31/23 | Buy | AUD | &nbsp;&nbsp;&nbsp;&nbsp;367 | &nbsp;&nbsp;JPY | 24589 | &nbsp;&nbsp;&nbsp;&nbsp;65098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | DB |
| 10/31/23 | Buy | JPY | &nbsp;&nbsp;&nbsp;9277 | AUD | &nbsp;&nbsp;&nbsp;&nbsp;133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(20671) | GSI |
| 10/31/23 | Buy | JPY | 29437 | AUD | &nbsp;&nbsp;&nbsp;&nbsp;431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(71976) | MSI |
|  |  |  |  |  |  | $138157 | $(122338) |  |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

#### Credit default swap agreements outstanding at January 31, 2023:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference<br> Entity/<br> Obligation** | **Termination<br> Date** | **Fixed<br> Rate** | **Notional<br> Amount<br> (000)#(3)** | **Notional<br> Amount<br> (000)#(3)** | **Fair<br> Value** | **Upfront<br> Premiums<br> Paid<br> (Received)** | **Unrealized<br> Appreciation<br> (Depreciation)** | **Counterparty** |
| **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Buy Protection(1):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Buy Protection(1):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Buy Protection(1):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Buy Protection(1):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Buy Protection(1):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Buy Protection(1):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Buy Protection(1):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Buy Protection(1):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Buy Protection(1):** |
| Gazprom PAO | 03/20/23 | 1.000%(Q) |  | 545 | $84857 | $39061 | $45796 | BARC |
| U.S. Treasury Notes | 12/20/32 | 0.250%(Q) | EUR | 200 | &nbsp;&nbsp;&nbsp;&nbsp;1759 | &nbsp;&nbsp;&nbsp;&nbsp;1497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262 | BARC |
|  |  |  |  |  | $86616 | $40558 | $46058 |  |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference<br> Entity/<br> Obligation** | **Termination<br> Date** | **Fixed<br> Rate** | **Notional<br> Amount<br> (000)#(3)** | **Notional<br> Amount<br> (000)#(3)** | **Implied<br> Credit<br> Spread at<br> January 31,<br> 2023(4)** | **Fair<br> Value** | **Upfront<br> Premiums<br> Paid<br> (Received)** | **Unrealized<br> Appreciation<br> (Depreciation)** | **Counterparty** |
| **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** |
| Hellenic Republic | 12/20/24 | 1.000%(Q) |  | 1650 | 0.503% | $16810 | $(32870) | $49680 | CITI |
| Hellenic Republic | 06/20/29 | 1.000%(Q) |  | &nbsp;&nbsp;&nbsp;250 | 1.349% | &nbsp;&nbsp;&nbsp;&nbsp;(4486) | &nbsp;&nbsp;&nbsp;&nbsp;(22535) | &nbsp;&nbsp;&nbsp;&nbsp;18049 | CITI |
| Hellenic Republic | 12/20/31 | 1.000%(Q) |  | 1255 | 1.590% | &nbsp;&nbsp;&nbsp;(51024) | &nbsp;&nbsp;&nbsp;&nbsp;(34035) | &nbsp;&nbsp;&nbsp;(16989) | BARC |
| Republic of Estonia | 12/20/26 | 1.000%(Q) |  | &nbsp;&nbsp;&nbsp;&nbsp;60 | 1.608% | &nbsp;&nbsp;&nbsp;&nbsp;(1216) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442 | &nbsp;&nbsp;&nbsp;&nbsp;(1658) | JPM |
| Republic of Italy | 12/20/25 | 1.000%(Q) |  | &nbsp;&nbsp;&nbsp;750 | 0.684% | &nbsp;&nbsp;&nbsp;&nbsp;7323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8240) | &nbsp;&nbsp;&nbsp;&nbsp;15563 | JPM |
| Republic of Italy | 12/20/29 | 1.000%(Q) |  | 1000 | 1.307% | &nbsp;&nbsp;&nbsp;(16758) | &nbsp;&nbsp;&nbsp;&nbsp;(27181) | &nbsp;&nbsp;&nbsp;&nbsp;10423 | JPM |
| Republic of Kazakhstan | 06/20/23 | 1.000%(Q) |  | &nbsp;&nbsp;&nbsp;230 | 0.410% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;793 | CITI |
| Republic of Panama | 12/20/26 | 1.000%(Q) |  | &nbsp;&nbsp;&nbsp;350 | 0.908% | &nbsp;&nbsp;&nbsp;&nbsp;1570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787 | CITI |
| Republic of Portugal | 12/20/30 | 1.000%(Q) |  | 1000 | 0.642% | &nbsp;&nbsp;&nbsp;&nbsp;25383 | &nbsp;&nbsp;&nbsp;&nbsp;27125 | &nbsp;&nbsp;&nbsp;&nbsp;(1742) | JPM |
| Republic of South Africa | 12/20/23 | 1.000%(Q) |  | &nbsp;&nbsp;&nbsp;250 | 0.842% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2375) | &nbsp;&nbsp;&nbsp;&nbsp;3017 | BOA |
| State of Illinois | 12/20/24 | 1.000%(Q) |  | &nbsp;&nbsp;&nbsp;200 | 0.609% | &nbsp;&nbsp;&nbsp;&nbsp;1639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3743) | &nbsp;&nbsp;&nbsp;&nbsp;5382 | GSI |
| U.S. Treasury Notes | 12/20/23 | 0.250%(Q) | EUR | &nbsp;&nbsp;&nbsp;200 | 0.705% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(804) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(874) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | BARC |
| United Mexican States | 06/20/31 | 1.000%(Q) |  | &nbsp;&nbsp;&nbsp;320 | 1.813% | &nbsp;&nbsp;&nbsp;(17431) | &nbsp;&nbsp;&nbsp;&nbsp;(13194) | &nbsp;&nbsp;&nbsp;&nbsp;(4237) | CITI |
| Verizon Communications, Inc. | 06/20/26 | 1.000%(Q) |  | &nbsp;&nbsp;&nbsp;170 | 0.771% | &nbsp;&nbsp;&nbsp;&nbsp;1424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(989) | GSI |
|  |  |  |  |  |  | $(36135) | $(114284) | $78149 |  |

---

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

#### Credit default swap agreements outstanding at January 31, 2023: (continued)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference<br> Entity/<br> Obligation** | **Termination<br> Date** | **Fixed<br> Rate** | **Notional<br> Amount<br> (000)#(3)** | **Implied Credit<br> Spread at<br> January 31,<br> 2023(4)** | **Value at<br> Trade Date** | **Value at<br> January 31,<br> 2023** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):** | **Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):** | **Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):** | **Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):** | **Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):** | **Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):** | **Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):** | **Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):** |
| CDX.NA.HY.39.V1 | 12/20/27 | 5.000%(Q) | 9650 | 4.293% | $57584 | $323915 | $266331 |

---

The Fund entered into credit default swaps ("CDS") to provide a measure of protection against defaults or to take an active long or short position with respect to the likelihood of a particular issuer's default or the reference entity's credit soundness. CDS contracts generally trade based on a spread which represents the cost a protection buyer has to pay the protection seller. The protection buyer is said to be short the credit as the value of the contract rises the more the credit deteriorates. The value of the CDS contract increases for the protection buyer if the spread increases.

(1) If the Fund is a buyer of protection, it pays the fixed rate. When a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller
of protection an amount equal to the notional amount of the swap and make delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the
form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.

(2) If the Fund is a seller of protection, it receives the fixed rate. When a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of
protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of
cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.

(3) Notional amount represents the maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined
under the terms of that particular swap agreement.

(4) Implied credit spreads, represented in absolute terms, utilized in determining the fair value of credit default swap agreements where the Fund is the seller of protection as of the
reporting date serve as an indicator of the current status of the payment/ performance risk and represent the likelihood of risk of default for the credit derivative. The implied credit spread of a particular
referenced entity reflects the cost of buying/selling protection and may include up-front payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced
entity's credit soundness and a greater likelihood of risk of default or other credit event occurring as defined under the terms of the agreement.

------

#### PGIM Global Dynamic Bond Fund

#### Schedule of Investments as of January 31, 2023 (unaudited) (continued)

#### Interest rate swap agreements outstanding at January 31, 2023 :

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Notional<br> Amount<br> (000)#** | **Notional<br> Amount<br> (000)#** | &nbsp;&nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;&nbsp;**Fixed<br> Rate** | &nbsp;&nbsp;&nbsp;**Floating<br> Rate** | &nbsp;&nbsp;&nbsp;**Value at<br> Trade Date** | &nbsp;&nbsp;&nbsp;**Value at<br> January 31,<br> 2023** | &nbsp;&nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Interest Rate Swap Agreements:** | **Centrally Cleared Interest Rate Swap Agreements:** | **Centrally Cleared Interest Rate Swap Agreements:** | **Centrally Cleared Interest Rate Swap Agreements:** | **Centrally Cleared Interest Rate Swap Agreements:** | **Centrally Cleared Interest Rate Swap Agreements:** | **Centrally Cleared Interest Rate Swap Agreements:** | **Centrally Cleared Interest Rate Swap Agreements:** |
| EUR | 9645 | &nbsp;&nbsp;11/23/24 | &nbsp;&nbsp;(0.046)%(A) | &nbsp;&nbsp;6 Month EURIBOR(2)(S)/ 2.922% | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; $(339739) | &nbsp;&nbsp; $(339739) |
| EUR | 270 | &nbsp;&nbsp;11/24/41 | &nbsp;&nbsp;0.565%(A) | &nbsp;&nbsp;6 Month EURIBOR(1)(S)/ 2.922% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40965 |
| EUR | 270 | &nbsp;&nbsp;11/24/41 | &nbsp;&nbsp;0.600%(A) | &nbsp;&nbsp;3 Month EURIBOR(2)(Q)/ 2.512% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(43518) | &nbsp;&nbsp;&nbsp;&nbsp;(43518) |
| EUR | 655 | &nbsp;&nbsp;11/25/41 | &nbsp;&nbsp;0.629%(A) | &nbsp;&nbsp;6 Month EURIBOR(1)(S)/ 2.922% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96198 |
| EUR | 655 | &nbsp;&nbsp;11/25/41 | &nbsp;&nbsp;0.663%(A) | &nbsp;&nbsp;3 Month EURIBOR(2)(Q)/ 2.512% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(102461) | &nbsp;&nbsp;&nbsp;&nbsp;(102461) |
| GBP | 1100 | &nbsp;&nbsp;05/08/27 | &nbsp;&nbsp;1.050%(A) | &nbsp;&nbsp;1 Day SONIA(1)(A)/ 3.427% | &nbsp;&nbsp;&nbsp;&nbsp;55014 | &nbsp;&nbsp;&nbsp;&nbsp;147851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92837 |
|  | 8750 | &nbsp;&nbsp;12/23/23 | &nbsp;&nbsp;4.758%(T) | &nbsp;&nbsp;1 Day SOFR(2)(T)/ 4.310% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5744) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5744) |
|  | 8800 | &nbsp;&nbsp;01/06/24 | &nbsp;&nbsp;4.892%(T) | &nbsp;&nbsp;1 Day SOFR(2)(T)/ 4.310% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4943 |
|  |  |  |  |  | &nbsp;&nbsp;$55014 | &nbsp;&nbsp;$(201505) | &nbsp;&nbsp;$(256519) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Notional<br> Amount<br> (000)#** | **Notional<br> Amount<br> (000)#** | &nbsp;&nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;&nbsp;**Fixed<br> Rate** | &nbsp;&nbsp;&nbsp;**Floating<br> Rate** | &nbsp;&nbsp;&nbsp;**Fair<br> Value** | &nbsp;&nbsp;&nbsp;**Upfront<br> Premiums<br> Paid(Received)** | &nbsp;&nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Counterparty** |
| **OTC Interest Rate Swap Agreements:** | **OTC Interest Rate Swap Agreements:** | **OTC Interest Rate Swap Agreements:** | **OTC Interest Rate Swap Agreements:** | **OTC Interest Rate Swap Agreements:** | **OTC Interest Rate Swap Agreements:** | **OTC Interest Rate Swap Agreements:** | **OTC Interest Rate Swap Agreements:** | **OTC Interest Rate Swap Agreements:** |
| ZAR | 1060 | &nbsp;&nbsp;03/22/42 | &nbsp;&nbsp;7.800%(Q) | &nbsp;&nbsp;3 Month JIBAR(2)(Q)/ 7.467% | &nbsp;&nbsp; $(6594) | &nbsp;&nbsp; $(25) | &nbsp;&nbsp; $(6569) | &nbsp;&nbsp;CITI |
| ZAR | 7000 | &nbsp;&nbsp;09/22/42 | &nbsp;&nbsp;8.020%(Q) | &nbsp;&nbsp;3 Month JIBAR(2)(Q)/ 7.467% | &nbsp;&nbsp;&nbsp;&nbsp;(35269) | &nbsp;&nbsp;&nbsp;&nbsp;(43) | &nbsp;&nbsp;&nbsp;&nbsp;(35226) | &nbsp;&nbsp;CITI |
| ZAR | 1000 | &nbsp;&nbsp;03/22/47 | &nbsp;&nbsp;7.650%(Q) | &nbsp;&nbsp;3 Month JIBAR(1)(Q)/ 7.467% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7463 | &nbsp;&nbsp;&nbsp;&nbsp;24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7439 | &nbsp;&nbsp;CITI |
| ZAR | 6575 | &nbsp;&nbsp;09/22/47 | &nbsp;&nbsp;7.890%(Q) | &nbsp;&nbsp;3 Month JIBAR(1)(Q)/ 7.467% | &nbsp;&nbsp;&nbsp;&nbsp;39704 | &nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp;39662 | &nbsp;&nbsp;CITI |
|  |  |  |  |  | &nbsp;&nbsp;$5304 | &nbsp;&nbsp;$(2) | &nbsp;&nbsp;$5306 |  |

---

(1) The Fund pays the fixed rate and receives the floating rate.

(2) The Fund pays the floating rate and receives the fixed rate.

*Other information regarding the Fund is available in the Fund's most recent Report to Shareholders. This information is available on the Securities and Exchange Commission's website (www.sec.gov).*

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Prudential Investment Portfolios 3

- **b. Investment Company Act file number:** 811-09805

- **c. CIK number of Registrant:** 0001104631

- **d. LEI of Registrant:** 549300IKC66S6EOWJB51

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 655 Broad Street

  - **City:** Newark

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07102-4077

  - **Telephone number:** 1-800-225-1852

**Item A.2. Information about the Series.**

- **a. Name of Series:** PGIM Global Dynamic Bond Fund

- **b. EDGAR series identifier (if any):** S000051243

- **c. LEI of Series:** 549300CL0B9ZKN3KG807

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $45717209.06

**Total Liabilities:** $2539784.49

**Net Assets:** $43177424.57

**Cash Not Reported:** $2089798.43

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 676.09901000 | **1-Year:** 2954.74456000 | **5-Year:** 3868.96475000 | **10-Year:** 2017.54086000 | **30-Year:** 19.36947000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 43.87211000 | **1-Year:** 2017.28788000 | **5-Year:** 5902.77818000 | **10-Year:** 1834.32473000 | **30-Year:** 51.87646000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000161582 | 2.50%                | 0.33%                | 2.41%                |
| Class ID C000161581 | 2.37%                | 0.34%                | 2.55%                |
| Class ID C000161579 | 2.34%                | 0.30%                | 2.38%                |
| Class ID C000161580 | 2.41%                | 0.24%                | 2.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-484159.48              | $2147568.20                                |
| Month 2  | $-110558.68              | $-40859.52                                 |
| Month 3  | $-161502.69              | $1355592.86                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                              | Title                                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MORGAN STANLEY & CO. LLC                          | USD/SGD FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-491.46      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chesapeake Energy Corp                            | Chesapeake Energy Corp                                                | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |       666 | NS      | $57755.52     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank, National Association         | USD/MXN FORWARD                                                       | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $50659.63     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Home Re Ltd                                       | Home RE 2021-1 Ltd                                                    | CUSIP: 437307AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    185000 | PA      | $183960.73    | 0.43%             | 2033-07-25      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                          | Petrobras Global Finance BV                                           | CUSIP: 000000000<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $328431.24    | 0.76%             | 2029-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                 | Eurex 10 Year Euro BUND                                               | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       -22 | NC      | $109892.74    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank, National Association                    | USD/JPY FORWARD                                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $9078.37      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ARD FINANCE SA                                    | ARD Finance SA                                                        | CUSIP: 000000000<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |    125000 | PA      | $102438.64    | 0.24%             | 2027-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pnmac Gmsr Issuer Trust                           | PNMAC GMSR ISSUER TRUST 2018-GT2                                      | CUSIP: 69354WAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $96535.92     | 0.22%             | 2025-08-25      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                            | CCO Holdings LLC / CCO Holdings Capital Corp                          | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    119000 | PA      | $104060.29    | 0.24%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                | Turkey Government International Bond                                  | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    500000 | PA      | $525908.81    | 1.22%             | 2025-03-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                             | Bausch Health Cos Inc                                                 | CUSIP: 071734AL1<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $11375.00     | 0.03%             | 2031-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CODERE NEW TOPCO SA                               | CODERE NEW TOPCO SA                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | N/A       |      1910 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| HUNT COS INC                                      | Hunt Cos Inc                                                          | CUSIP: 445587AE8<br>LEI: 549300ODPWDNCH5TKM49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $169751.49    | 0.39%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                           | Romanian Government International Bond                                | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    100000 | PA      | $84118.23     | 0.19%             | 2034-04-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | CDS REPUBLIC OF PORTUGAL                                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | US        |         1 | NC      | $25383.22     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                               | JPMorgan Chase & Co                                                   | CUSIP: 48128BAG6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    420000 | PA      | $393881.67    | 0.91%             | N/A             | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| KONDOR FINANCE PLC (NAK)                          | NAK Naftogaz Ukraine via Kondor Finance PLC                           | CUSIP: 000000000<br>LEI: 213800PUC1T9GI6EIO63 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $21743.00     | 0.05%             | 2024-07-19      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                       | CDS VERIZON COMMUNICATIONS INC                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $1423.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                          | Ashton Woods USA LLC / Ashton Woods Finance Co                        | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $20877.08     | 0.05%             | 2030-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                  | JPY/AUD FORWARD                                                       | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-29690.99    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| MATTERHORN TELECOM SA                             | Matterhorn Telecom SA                                                 | CUSIP: 000000000<br>LEI: 549300MTB0YI26SMUT22 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $396864.98    | 0.92%             | 2026-09-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                            | Chesapeake Energy Corp                                                | CUSIP: 165167DG9<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23949.25     | 0.06%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                          | Venture Global Calcasieu Pass LLC                                     | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4436.39      | 0.01%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BULGARIA                                          | Bulgaria Government International Bond                                | CUSIP: 000000000<br>LEI: 529900PG0XCL4LICL838 | Long             | DBT              | NUSS              | BG        |     85000 | PA      | $91021.63     | 0.21%             | 2033-01-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| iShares MBS ETF                                   | ISHARES MBS ETF                                                       | CUSIP: 464288588<br>LEI: 549300M0TH0IE2E6RP07 | Long             | EC               | RF                | US        |     11000 | NS      | $1054680.00   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Capital I Trust                    | Morgan Stanley Capital I Trust 2019-MEAD                              | CUSIP: 61771LAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $547720.81    | 1.27%             | 2036-11-10      | Variable      | 3.18%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                                | Serbia International Bond                                             | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    300000 | PA      | $245994.87    | 0.57%             | 2029-06-26      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                             | Mexico Government International Bond                                  | CUSIP: 91086QBG2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    300000 | PA      | $297150.00    | 0.69%             | 2026-01-21      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                | Ukraine Government International Bond                                 | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    600000 | PA      | $120673.65    | 0.28%             | 2032-01-27      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                             | PennyMac Financial Services Inc                                       | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82188.42     | 0.19%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                           | Aethon United BR LP / Aethon United Finance Corp                      | CUSIP: 00810GAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $74636.45     | 0.17%             | 2026-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MARKET BIDCO FINCO PLC                            | Market Bidco Finco PLC                                                | CUSIP: 000000000<br>LEI: 549300UGYX6EBVHRVG53 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $95496.56     | 0.22%             | 2027-11-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION             | CDS REPUBLIC OF SOUTH AFRICA                                          | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DCR              | CORP              | US        |         1 | NC      | $641.84       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDEN ENTERTAINMENT INC                          | Golden Entertainment Inc                                              | CUSIP: 381013AA9<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201211.20    | 0.47%             | 2026-04-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                          | Spain Government Bond                                                 | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |    600000 | PA      | $611133.89    | 1.42%             | 2027-10-31      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| TPC GROUP INC                                     | TPC Group Inc                                                         | CUSIP: 89236YAG9<br>LEI: 549300K276KVW5JD1583 | Long             | DBT              | CORP              | US        |     21557 | PA      | $22052.30     | 0.05%             | 2027-12-16      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| VISTRA CORP                                       | Vistra Corp                                                           | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23534.07     | 0.05%             | N/A             | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                        | AUD/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $8941.23      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| C&S GROUP ENTERPRISES LL                          | C&S Group Enterprises LLC                                             | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $77111.56     | 0.18%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                          | Petrobras Global Finance BV                                           | CUSIP: 000000000<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $108282.76    | 0.25%             | 2034-01-16      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                      | USD/BRL FORWARD                                                       | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-71105.46    | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Home Re Ltd                                       | Home RE 2021-2 Ltd                                                    | CUSIP: 43730VAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    150000 | PA      | $148077.33    | 0.34%             | 2034-01-25      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| GENERALITAT DE CATALUNYA                          | Autonomous Community of Catalonia                                     | CUSIP: 000000000<br>LEI: 95980020140005848404 | Long             | DBT              | NUSS              | ES        |     50000 | PA      | $66040.02     | 0.15%             | 2041-11-30      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                            | Lumen Technologies Inc                                                | CUSIP: 156700AM8<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     30000 | PA      | $20266.98     | 0.05%             | 2039-09-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| CONTOURGLOBAL POWER HLDG                          | ContourGlobal Power Holdings SA                                       | CUSIP: 000000000<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $109332.61    | 0.25%             | 2025-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                          | Hilcorp Energy I LP / Hilcorp Finance Co                              | CUSIP: 431318AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $144013.26    | 0.33%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S                    | BBCMS 2018-CHRS Mortgage Trust                                        | CUSIP: 05491VAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $196449.06    | 0.45%             | 2038-08-05      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                             | Intelsat Jackson Holdings SA                                          | CUSIP: 000000000<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |     25000 | PA      | $0.03         | 0.00%             | 2025-07-15      | Fixed         | 9.75%                 | No            |                  3 | On Loan: No      |
| BVRT_21-4F                                        | BVRT_21-4F                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     31073 | PA      | $30917.68     | 0.07%             | 2026-09-12      | Floating      | 2.05%                 | No            |                  3 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                            | CCO Holdings LLC / CCO Holdings Capital Corp                          | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $46240.29     | 0.11%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                            | AmeriGas Partners LP / AmeriGas Finance Corp                          | CUSIP: 030981AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $482960.44    | 1.12%             | 2026-08-20      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC                                    | NRG Energy Inc                                                        | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118912.04    | 0.28%             | 2031-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                      | Credit Suisse Mortgage Capital Certificates 2019-ICE4                 | CUSIP: 12653VAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1215420.63   | 2.81%             | 2036-05-15      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| Laurel Road Prime Student Loan                    | Laurel Road Prime Student Loan Trust 2019-A                           | CUSIP: 51889RAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    669955 | PA      | $145092.58    | 0.34%             | 2048-10-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                    | Bombardier Inc                                                        | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $24906.25     | 0.06%             | 2029-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                        | HUF/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $5878.83      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA                                  | Beazer Homes USA Inc                                                  | CUSIP: 07556QBT1<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69308.19     | 0.16%             | 2029-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PREMIER ENTERTAINMENT SU                          | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp    | CUSIP: 74052HAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $34862.82     | 0.08%             | 2031-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                       | Vistra Operations Co LLC                                              | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    180000 | PA      | $169308.32    | 0.39%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                  | NASDAQ 100 E-MINI                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |         5 | NC      | $62150.00     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TK ELEVATOR HOLDCO GMBH                           | TK Elevator Holdco GmbH                                               | CUSIP: 000000000<br>LEI: 2549008GCHWX9EEMIS56 | Long             | DBT              | CORP              | DE        |     90000 | PA      | $86264.40     | 0.20%             | 2028-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SALLY HOLDINGS/SALLY CAP                          | Sally Holdings LLC / Sally Capital Inc                                | CUSIP: 79546VAL0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $98999.17     | 0.23%             | 2025-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| THYSSENKRUPP AG                                   | thyssenkrupp AG                                                       | CUSIP: 000000000<br>LEI: 549300UDG16DOYUPR330 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $108275.79    | 0.25%             | 2023-03-06      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                          | Antero Midstream Partners LP / Antero Midstream Finance Corp          | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $71915.07     | 0.17%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bank of America, National Association             | DKK/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-291.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GAZPROM (GAZ CAPITAL SA)                          | Gazprom PJSC Via Gaz Capital SA                                       | CUSIP: 000000000<br>LEI: 213800568PRHV2JR9650 | Long             | DBT              | CORP              | LU        |    500000 | PA      | $439650.46    | 1.02%             | 2023-03-06      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| TFS_18-3-A1                                       | TFS_18-3-A1                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | LU        |    247193 | PA      | $254761.55    | 0.59%             | 2023-03-16      | Floating      | 0.01%                 | No            |                  3 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                            | CCO Holdings LLC / CCO Holdings Capital Corp                          | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $249867.02    | 0.58%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Intelsat Jackson Holdings SA                      | Intelsat Jackson Holdings SA                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       479 | NS      | $4565.25      | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| JP Morgan Chase Commercial Mor                    | J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-AON       | CUSIP: 46649XAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $294660.84    | 0.68%             | 2031-07-05      | Variable      | 4.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                               | Freddie Mac STACR REMIC Trust 2021-HQA3                               | CUSIP: 35564KKK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     60000 | PA      | $53939.29     | 0.12%             | 2041-09-25      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                               | Freddie Mac STACR REMIC Trust 2021-DNA5                               | CUSIP: 35564KHE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     32444 | PA      | $32100.04     | 0.07%             | 2034-01-25      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management                | Dreyfus Government Cash Management                                    | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    768304 | NS      | $768303.92    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BARCLAYS BANK PLC                                 | CDS UNITED STATES OF AMERICA                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $-804.32      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                          | Suburban Propane Partners LP/Suburban Energy Finance Corp             | CUSIP: 864486AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $169365.99    | 0.39%             | 2027-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VERY GRP FUNDING PLC/THE                          | Very Group Funding Plc/The                                            | CUSIP: 000000000<br>LEI: 9845005CC91D50AF8202 | Long             | DBT              | CORP              | GB        |    225000 | PA      | $211510.83    | 0.49%             | 2026-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                               | Freddie Mac STACR REMIC Trust 2021-HQA1                               | CUSIP: 35564KBS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $388927.28    | 0.90%             | 2033-08-25      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS EUR                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-43517.60    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                 | Eurex 2 Year Euro SCHATZ                                              | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       -56 | NC      | $47413.24     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                          | Venture Global Calcasieu Pass LLC                                     | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4460.08      | 0.01%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                  | SWOP IRS USD                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DIR              | CORP              | DE        |  -1000000 | OU      | $-3.18        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                    | Wells Fargo Commercial Mortgage Trust 2021-FCMT                       | CUSIP: 95003EAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $625490.81    | 1.45%             | 2031-05-15      | Floating      | 8.96%                 | No            |                  2 | On Loan: No      |
| NEXI SPA                                          | Nexi SpA                                                              | CUSIP: 000000000<br>LEI: 5493000P70CQRQG8SN85 | Long             | DBT              | CORP              | IT        |    400000 | PA      | $346057.24    | 0.80%             | 2029-04-30      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                               | Avantor Funding Inc                                                   | CUSIP: 000000000<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300951.93    | 0.70%             | 2028-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                          | Hilton Domestic Operating Co Inc                                      | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    300000 | PA      | $250955.33    | 0.58%             | 2032-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                    | CDS GOVERNMENT OF MEXICO                                              | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-17431.67    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                             | Tenet Healthcare Corp                                                 | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46565.41     | 0.11%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WP/AP TELECOM HOLDINGS                            | Wp/ap Telecom Holdings III BV                                         | CUSIP: 000000000<br>LEI: 724500FOAL1MNGOJKP07 | Long             | DBT              | CORP              | NL        |    225000 | PA      | $204109.05    | 0.47%             | 2030-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                          | Diversified Healthcare Trust                                          | CUSIP: 25525PAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $3392.54      | 0.01%             | 2031-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                          | Diversified Healthcare Trust                                          | CUSIP: 81721MAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $136986.28    | 0.32%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                               | Dominion Energy Inc                                                   | CUSIP: 25746UDD8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187326.74    | 0.43%             | N/A             | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| UGI INTERNATIONAL LLC                             | UGI International LLC                                                 | CUSIP: 000000000<br>LEI: 5493001JFF8MQO00ZQ21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88179.17     | 0.20%             | 2029-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                       | Chemours Co/The                                                       | CUSIP: 163851AE8<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    125000 | PA      | $115745.50    | 0.27%             | 2027-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GRIFFON CORPORATION                               | Griffon Corp                                                          | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71011.46     | 0.16%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                              | OneMain Finance Corp                                                  | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124314.96    | 0.29%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                          | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara             | CUSIP: 000000000<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |    200000 | PA      | $210336.35    | 0.49%             | 2025-10-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                    | CDS REPUBLIC OF PANAMA                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCR              | CORP              | US        |         1 | NC      | $1570.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HUNGARIAN DEVELOPMENT BA                          | MFB Magyar Fejlesztesi Bank Zrt                                       | CUSIP: 000000000<br>LEI: 549300KCFVCFTUJZYT59 | Long             | DBT              | NUSS              | HU        |    100000 | PA      | $99066.54     | 0.23%             | 2025-06-24      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                    | CDS REPUBLIC OF KAZAKHSTAN                                            | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCR              | CORP              | US        |         1 | NC      | $793.44       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                                 | Hellenic Republic Government International Bond                       | CUSIP: 000000000<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |    120000 | PA      | $134314.25    | 0.31%             | 2034-07-17      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NTPC LTD                                          | NTPC Ltd                                                              | CUSIP: 000000000<br>LEI: 335800Q4TRGJXNLVMB81 | Long             | DBT              | CORP              | IN        |    300000 | PA      | $300216.47    | 0.70%             | 2027-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Bank of America, National Association             | SEK/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $19.23        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PGIM Institutional Money Market Fund - D          | PGIM Institutional Money Market Fund - D                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     37956 | NS      | $37948.27     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                           | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp          | CUSIP: 87470LAH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $152278.83    | 0.35%             | 2025-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                  | SWOP IRS SAR                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DIR              | CORP              | DE        |   3750000 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ENDEAVOR ENERGY RESOURCE                          | Endeavor Energy Resources LP / EER Finance Inc                        | CUSIP: 29260FAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24693.07     | 0.06%             | 2028-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CELLNEX TELECOM SA                                | Cellnex Telecom SA                                                    | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $352016.26    | 0.82%             | 2030-10-23      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| EG GLOBAL FINANCE PLC                             | eG Global Finance PLC                                                 | CUSIP: 000000000<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $337910.00    | 0.78%             | 2025-02-07      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                    | Bombardier Inc                                                        | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $24906.25     | 0.06%             | 2026-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| DANA INC                                          | Dana Inc                                                              | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    125000 | PA      | $105381.29    | 0.24%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA VENDOR FIN                           | Virgin Media Vendor Financing Notes III DAC                           | CUSIP: 000000000<br>LEI: 635400SSKC2QCGEPIQ43 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $103032.52    | 0.24%             | 2028-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                            | BP Capital Markets PLC                                                | CUSIP: 05565QDU9<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $243047.50    | 0.56%             | N/A             | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STATE OF MINAS GERAIS                             | Brazil Minas SPE via State of Minas Gerais                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    330000 | PA      | $322636.88    | 0.75%             | 2028-02-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| LOXAM SAS                                         | Loxam SAS                                                             | CUSIP: 000000000<br>LEI: 969500BNA2YRNE1R5K91 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $95188.89     | 0.22%             | 2027-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                           | AMC Entertainment Holdings Inc                                        | CUSIP: 00165CAP9<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    131270 | PA      | $66113.53     | 0.15%             | 2026-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                          | Bellis Acquisition Co PLC                                             | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $506977.51    | 1.17%             | 2026-02-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Deco                                              | Deco 2019-RAM DAC                                                     | CUSIP: 000000000<br>LEI: 549300BXZQDWLENUZL17 | Long             | ABS-MBS          | CORP              | IE        |   1542164 | PA      | $1757500.93   | 4.07%             | 2030-08-07      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| ESKOM HOLDINGS SOC LTD                            | Eskom Holdings SOC Ltd                                                | CUSIP: 000000000<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    400000 | PA      | $382500.00    | 0.89%             | 2028-08-10      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                      | Calpine Corp                                                          | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43454.57     | 0.10%             | 2029-02-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                | Cenovus Energy Inc                                                    | CUSIP: 15135UAX7<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     10000 | PA      | $7589.64      | 0.02%             | 2052-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION                          | Adtalem Global Education Inc                                          | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |     66000 | PA      | $61491.18     | 0.14%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                          | Thermo Fisher Scientific Inc                                          | CUSIP: 000000000<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108103.02    | 0.25%             | 2034-11-21      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                 | Iliad Holding SASU                                                    | CUSIP: 000000000<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $202209.90    | 0.47%             | 2028-10-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| One New York Plaza Trust 2020-                    | One New York Plaza Trust 2020-1NYP                                    | CUSIP: 68249DAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    125000 | PA      | $110614.64    | 0.26%             | 2036-01-15      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| Intelsat Jackson Holdings SA                      | Intelsat Jackson Holdings SA                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       479 | NS      | $948.18       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                          | Hilcorp Energy I LP / Hilcorp Finance Co                              | CUSIP: 431318AU8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $23257.19     | 0.05%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                          | Digicel International Finance Ltd/Digicel international Holdings Ltd  | CUSIP: 25381VAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    200000 | PA      | $171787.50    | 0.40%             | 2024-05-25      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS EUR                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-102460.87   | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| SPCM SA                                           | SPCM SA                                                               | CUSIP: 000000000<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $93223.11     | 0.22%             | 2029-02-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| MKT 2020-525M Mortgage Trust                      | MKT 2020-525M Mortgage Trust                                          | CUSIP: 55316PAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $307009.51    | 0.71%             | 2040-02-12      | Variable      | 2.94%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                          | Comision Federal de Electricidad                                      | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    149600 | PA      | $121176.00    | 0.28%             | 2036-09-29      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                     | DISH DBS Corp                                                         | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $344771.15    | 0.80%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                        | US Bancorp                                                            | CUSIP: 902973BC9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174737.46    | 0.40%             | N/A             | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                  | SWOP IRS SAR                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DIR              | CORP              | DE        |   3750000 | OU      | $46528.44     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                           | International Game Technology PLC                                     | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $189656.00    | 0.44%             | 2026-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                              | OneMain Finance Corp                                                  | CUSIP: 85172FAM1<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24918.35     | 0.06%             | 2025-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                 | Eurex 5 Year Euro BOBL                                                | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       -51 | NC      | $120084.58    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| SAGA PLC                                          | Saga PLC                                                              | CUSIP: 000000000<br>LEI: 2138004WWUJN94K2LH95 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $194376.97    | 0.45%             | 2026-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                             | Intelsat Jackson Holdings SA                                          | CUSIP: 000000000<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |    440000 | PA      | $0.44         | 0.00%             | 2023-08-01      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| KAIXO BONDCO TELECOM SA                           | Kaixo Bondco Telecom SA                                               | CUSIP: 000000000<br>LEI: 959800ULWB3MZHZ69055 | Long             | DBT              | CORP              | ES        |    175000 | PA      | $163834.96    | 0.38%             | 2029-09-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                          | Spain Government Bond                                                 | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |    405000 | PA      | $403001.03    | 0.93%             | 2029-04-30      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                 | CDS UNITED STATES OF AMERICA                                          | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $1759.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank, National Association                    | JPY/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $66116.97     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIA                                           | Romanian Government International Bond                                | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    300000 | PA      | $244608.75    | 0.57%             | 2039-03-11      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                  | IRS ZAR                                                               | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DIR              | CORP              | DE        |         1 | NC      | $-6593.16     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Retiro Mortgage Securities                        | Retiro Mortgage Securities DAC                                        | CUSIP: 000000000<br>LEI: 635400CU9HBU644YSL41 | Long             | ABS-MBS          | CORP              | IE        |     58598 | PA      | $60423.07     | 0.14%             | 2075-07-30      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | CDS REPUBLIC OF ESTONIA                                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-1216.44     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                          | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara             | CUSIP: 000000000<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |    100000 | PA      | $79756.04     | 0.18%             | 2031-11-05      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                             | Nabors Industries Inc                                                 | CUSIP: 62957HAF2<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72784.05     | 0.17%             | 2025-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                                | Serbia International Bond                                             | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    500000 | PA      | $356823.01    | 0.83%             | 2033-03-03      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Real Estate Asset Liquidity Tr                    | Real Estate Asset Liquidity Trust                                     | CUSIP: 75585RRT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |     55132 | PA      | $38478.06     | 0.09%             | 2055-02-12      | Variable      | 2.38%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                             | Intelsat Jackson Holdings SA                                          | CUSIP: 000000000<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |     25000 | PA      | $0.03         | 0.00%             | 2024-10-15      | Fixed         | 8.50%                 | No            |                  3 | On Loan: No      |
| CALPINE CORP                                      | Calpine Corp                                                          | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67890.28     | 0.16%             | 2028-03-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BULGARIAN ENERGY HLD                              | Bulgarian Energy Holding EAD                                          | CUSIP: 000000000<br>LEI: 635400E1RWKJXPSBCV07 | Long             | DBT              | CORP              | BG        |    200000 | PA      | $176566.75    | 0.41%             | 2028-07-22      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| BELLEMEADE RE LT                                  | Bellemeade Re 2019-3 Ltd                                              | CUSIP: 07877GAB5<br>LEI: 254900SCWI9IDKK5LV64 | Long             | ABS-MBS          | CORP              | BM        |     37771 | PA      | $37759.62     | 0.09%             | 2029-07-25      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | USD/JPY FORWARD                                                       | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-114998.05   | -0.27%            |  |  |  | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED SECURITIES (NORTH AMERICA) LLC | USD/EUR FORWARD                                                       | CUSIP: 000000000<br>LEI: 5493003GCX71N8988W38 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-41820.94    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | USD CALL VERSUS MXN PUT                                               | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |  -2600000 | NC      | $-42728.05    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                           | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp          | CUSIP: 87470LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $68313.27     | 0.16%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | CDS REPUBLIC OF ITALY                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-16757.09    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                  | NASDAQ 100 E-MINI                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |       -10 | NC      | $-65250.00    | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                           | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC           | CUSIP: 91327AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49335.67     | 0.11%             | 2025-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                           | Goldman Sachs Group Inc/The                                           | CUSIP: 38144GAG6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    115000 | PA      | $100064.43    | 0.23%             | N/A             | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                           | MPT Operating Partnership LP / MPT Finance Corp                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $97069.47     | 0.22%             | 2026-03-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                | Ukraine Government International Bond                                 | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    881000 | PA      | $177189.14    | 0.41%             | 2032-01-27      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                       | Vistra Corp                                                           | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97948.54     | 0.23%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                        | GBP/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-25761.70    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | CDS REPUBLIC OF ITALY                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | US        |         1 | NC      | $7323.53      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America, National Association             | JPY/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-214688.71   | -0.50%            |  |  |  | No            |                  2 | On Loan: No      |
| Diamond Sports Group LLC                          | Diamond Sports Group LLC                                              | CUSIP: 25277BAG3<br>LEI: 5493002K6DHWNZH8YA34 | Long             | LON              | CORP              | US        |     89047 | PA      | $7346.40      | 0.02%             | 2026-08-24      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                          | Virgin Media Finance PLC                                              | CUSIP: 000000000<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $261066.52    | 0.60%             | 2030-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                  | Connecticut Avenue Securities Trust 2022-R04                          | CUSIP: 20753YAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     30000 | PA      | $30355.25     | 0.07%             | 2042-03-25      | Floating      | 9.56%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                | Ukraine Government International Bond                                 | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |   1300000 | PA      | $265699.46    | 0.62%             | 2028-06-20      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PP EUR HOLD                            | Blackstone Property Partners Europe Holdings Sarl                     | CUSIP: 000000000<br>LEI: 213800Y3B5GQFBGVHP79 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $251066.71    | 0.58%             | 2028-05-04      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Cold Storage Trust                                | Cold Storage Trust 2020-ICE5                                          | CUSIP: 193051AQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     98299 | PA      | $95836.21     | 0.22%             | 2037-11-15      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC                            | Sherwood Financing PLC                                                | CUSIP: 000000000<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    175000 | PA      | $171943.30    | 0.40%             | 2026-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                          | Diversified Healthcare Trust                                          | CUSIP: 81721MAK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4340.92      | 0.01%             | 2024-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ferrellgas Partners LP                            | Ferrellgas Partners LP                                                | CUSIP: 315293308<br>LEI: 529900YP52A6C5K57L34 | Long             | EC               | CORP              | US        |       253 | NS      | $47483.42     | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| KB HOME                                           | KB Home                                                               | CUSIP: 48666KAY5<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67371.82     | 0.16%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                          | Diamond Sports Group LLC / Diamond Sports Finance Co                  | CUSIP: 25277LAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    510000 | PA      | $10377.84     | 0.02%             | 2027-08-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| UNITED AIRLINES INC                               | United Airlines Inc                                                   | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61744.66     | 0.14%             | 2026-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | USD/JPY FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-21515.45    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America, National Association             | USD/EUR FORWARD                                                       | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $218.53       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                           | MPT Operating Partnership LP / MPT Finance Corp                       | CUSIP: 55342UAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $136362.60    | 0.32%             | 2028-06-05      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| MEG ENERGY CORP                                   | MEG Energy Corp                                                       | CUSIP: 552704AE8<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $46023.75     | 0.11%             | 2027-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association         | AUD/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $3548.96      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                            | Lumen Technologies Inc                                                | CUSIP: 156700AT3<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65829.00     | 0.15%             | 2042-03-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.       | CBOT US Long Bond                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -9 | NC      | $-24134.10    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac - STACR                               | Freddie Mac STACR REMIC Trust 2021-HQA2                               | CUSIP: 35564KGR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $86750.00     | 0.20%             | 2033-12-25      | Floating      | 7.46%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN INTL FIN NV                            | Volkswagen International Finance NV                                   | CUSIP: 000000000<br>LEI: 5299004PWNHKYTR23649 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $209274.68    | 0.48%             | N/A             | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Bank of America, National Association             | CAD/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $627.97       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                          | Hilcorp Energy I LP / Hilcorp Finance Co                              | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $23017.60     | 0.05%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA                                  | Beazer Homes USA Inc                                                  | CUSIP: 07556QBM6<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122567.97    | 0.28%             | 2025-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DBWF Mortgage Trust                               | DBWF 2016-85T Mortgage Trust                                          | CUSIP: 23307CAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $192651.00    | 0.45%             | 2036-12-10      | Variable      | 3.81%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                    | Bombardier Inc                                                        | CUSIP: 097751BR1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    144000 | PA      | $146793.60    | 0.34%             | 2024-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| DIGICEL LTD                                       | Digicel Ltd                                                           | CUSIP: 25380QAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    200000 | PA      | $77662.50     | 0.18%             | 2023-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                           | United Rentals North America Inc                                      | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    120000 | PA      | $116250.84    | 0.27%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                         | USD/HUF FORWARD                                                       | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1137.80      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TFS_18-3                                          | TFS_18-3                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | N/A       |         1 | PA      | $331.58       | 0.00%             | 2040-04-16      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| TAYLOR MORRISON COMM                              | Taylor Morrison Communities Inc                                       | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145560.48    | 0.34%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FAURECIA                                          | Faurecia SE                                                           | CUSIP: 000000000<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $239374.64    | 0.55%             | 2028-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | USD/NZD FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $976.34       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank, National Association                    | USD/NOK FORWARD                                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1315.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                               | Medline Borrower LP                                                   | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21390.97     | 0.05%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                                | Howard Hughes Corp/The                                                | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    275000 | PA      | $237299.80    | 0.55%             | 2029-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                          | Ascent Resources Utica Holdings LLC / ARU Finance Corp                | CUSIP: 04364VAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $47830.70     | 0.11%             | 2026-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                   | Lamb Weston Holdings Inc                                              | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22372.18     | 0.05%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                   | United States Treasury Note/Bond                                      | CUSIP: 91282CFN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    620000 | PA      | $618619.53    | 1.43%             | 2024-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| iShares 0-5 Year High Yield Corporate Bond ETF    | iShares 0-5 Year High Yield Corporate Bond ETF                        | CUSIP: 46434V407<br>LEI: 549300R96U5WQ7R5ID10 | Long             | EC               | RF                | US        |     10000 | NS      | $420100.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS GBP                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $147851.63    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| TK ELEVATOR MIDCO GMBH                            | TK Elevator Midco GmbH                                                | CUSIP: 000000000<br>LEI: 254900K869UN2ZWVB351 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $98190.92     | 0.23%             | 2027-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Ascent Resources Utica Holdings LLC               | Ascent Resources Utica Holdings LLC                                   | CUSIP: 000000000<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | LON              | CORP              | US        |    178000 | PA      | $188680.00    | 0.44%             | 2025-11-01      | Floating      | 13.81%                | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS EUR                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-339738.66   | -0.79%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | USD CALL VERSUS BRL PUT                                               | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |  -1300000 | NC      | $-20618.67    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                  | JPY/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-55648.62    | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | EUR/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-8030.39     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| POWER FINANCE CORP LTD                            | Power Finance Corp Ltd                                                | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |    100000 | PA      | $87705.83     | 0.20%             | 2028-09-21      | Fixed         | 1.84%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                | Ford Motor Co                                                         | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    550000 | PA      | $429545.44    | 0.99%             | 2043-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - STACR                               | Freddie Mac STACR REMIC Trust 2021-DNA5                               | CUSIP: 35564KJA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $104777.97    | 0.24%             | 2034-01-25      | Floating      | 7.36%                 | Yes           |                  2 | On Loan: No      |
| IQVIA INC                                         | IQVIA Inc                                                             | CUSIP: 000000000<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    250000 | PA      | $227905.67    | 0.53%             | 2029-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                  | Three-Month SOFR                                                      | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |        35 | NC      | $4479.70      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BELLIS FINCO PLC                                  | Bellis Finco PLC                                                      | CUSIP: 000000000<br>LEI: 259400ELWH6Z4ICFTD70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $178035.87    | 0.41%             | 2027-02-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                    | CDS REPUBLIC OF GREECE                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-4485.87     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| KAZAKHSTAN TEMIR ZHOLY                            | Kazakhstan Temir Zholy National Co JSC                                | CUSIP: 000000000<br>LEI: 213800X9NVS4IWFKLS77 | Long             | DBT              | CORP              | KZ        |    150000 | PA      | $157393.50    | 0.36%             | 2023-12-05      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                      | GS Mortgage Securities Corportation Trust 2021-IP                     | CUSIP: 36262MAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $130755.56    | 0.30%             | 2036-10-15      | Floating      | 9.01%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                    | Transocean Inc                                                        | CUSIP: 893830BK4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     75000 | PA      | $71062.50     | 0.16%             | 2025-11-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                  | NASDAQ 100 E-MINI                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |         5 | NC      | $13700.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE PROPERTIES TRUST                          | Service Properties Trust                                              | CUSIP: 44106MAZ5<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141405.59    | 0.33%             | 2024-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | MXN/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-172054.71   | -0.40%            |  |  |  | No            |                  2 | On Loan: No      |
| TPC Group Rights                                  | TPC Group Rights                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1653 | NS      | $33060.00     | 0.08%             |  |  |  | No            |                  3 | On Loan: No      |
| EG GLOBAL FINANCE PLC                             | eG Global Finance PLC                                                 | CUSIP: 000000000<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $96635.82     | 0.22%             | 2025-02-07      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                          | Brookfield Residential Properties Inc / Brookfield Residential US LLC | CUSIP: 11283YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     85000 | PA      | $65747.50     | 0.15%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                | Energy Transfer LP                                                    | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181831.35    | 0.42%             | N/A             | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR MIDCO GMBH                            | TK Elevator Midco GmbH                                                | CUSIP: 000000000<br>LEI: 254900K869UN2ZWVB351 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $98243.57     | 0.23%             | 2027-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                               | Freddie Mac STACR REMIC Trust 2021-HQA1                               | CUSIP: 35564KCN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $173028.00    | 0.40%             | 2033-08-25      | Floating      | 7.31%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - STACR                               | Freddie Mac STACR REMIC Trust 2021-HQA3                               | CUSIP: 35564KJP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    130000 | PA      | $116520.78    | 0.27%             | 2041-09-25      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| CODERE NEW HOLDCO SA                              | CODERE NEW HOLDCO SA                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     54943 | PA      | $29143.18     | 0.07%             | 2027-11-30      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ADEVINTA ASA                                      | Adevinta ASA                                                          | CUSIP: 000000000<br>LEI: 529900W8V3YLHRSZH763 | Long             | DBT              | CORP              | NO        |    100000 | PA      | $98398.49     | 0.23%             | 2027-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | USD/MXN FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $149767.46    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                          | Digicel International Finance Ltd/Digicel international Holdings Ltd  | CUSIP: 25381XAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    286880 | PA      | $143440.00    | 0.33%             | 2025-12-31      | Fixed         | 13.00%                | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | USD/CHF FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-9059.92     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                    | CDS REPUBLIC OF GREECE                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCR              | CORP              | US        |         1 | NC      | $16810.07     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS ZAR                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $39704.48     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| GENON HLDGS CLASS A                               | GENON HLDGS CLASS A                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       610 | NS      | $61000.00     | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.       | CBOT 5 Year US Treasury Note                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -75 | NC      | $-65035.15    | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| CALPINE CORP                                      | Calpine Corp                                                          | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    185000 | PA      | $158526.65    | 0.37%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | MXN CALL VERSUS USD PUT                                               | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |   2600000 | NC      | $79158.16     | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                               | Medline Borrower LP                                                   | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20980.56     | 0.05%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                          | Scientific Games International Inc                                    | CUSIP: 80874YBG4<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307669.39    | 0.71%             | 2025-07-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.       | CME Ultra Long Term US Treasury Bond                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -10 | NC      | $-22553.27    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                                   | United States Treasury Note/Bond                                      | CUSIP: 912828Z52<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    275000 | PA      | $260326.17    | 0.60%             | 2025-01-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                          | Petrobras Global Finance BV                                           | CUSIP: 000000000<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $242147.15    | 0.56%             | 2026-12-14      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS ZAR                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-35269.24    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                    | Bombardier Inc                                                        | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    395000 | PA      | $395000.00    | 0.91%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Home Re Ltd                                       | Home RE 2021-2 Ltd                                                    | CUSIP: 43730VAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    175000 | PA      | $171036.81    | 0.40%             | 2034-01-25      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| Oportun Funding LLC                               | Oportun Funding XIII LLC                                              | CUSIP: 68377FAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     65992 | PA      | $64269.65     | 0.15%             | 2025-08-08      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS USD                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $4942.72      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                             | Caesars Entertainment Inc                                             | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21356.55     | 0.05%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BUONI POLIENNALI DEL TES                          | Italy Buoni Poliennali Del Tesoro                                     | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    450000 | PA      | $373304.90    | 0.86%             | 2032-06-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                | Commonwealth of Puerto Rico                                           | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    284477 | PA      | $125643.52    | 0.29%             | 2043-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| ALTA MESA HLDGS/FINANC S                          | Alta Mesa Holdings LP / Alta Mesa Finance Services Corp               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $2720.00      | 0.01%             | 2024-12-15      | Fixed         | 7.88%                 | No            |                  3 | On Loan: No      |
| FERRELLGAS ESCROW LLC 3/30/31 Equity Preferred    | FERRELLGAS ESCROW LLC 3/30/31 Equity Preferred                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    150000 | NS      | $150000.00    | 0.35%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PETROLEOS MEXICANOS                               | Petroleos Mexicanos                                                   | CUSIP: 000000000<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $203066.03    | 0.47%             | 2025-11-24      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| EG GLOBAL FINANCE PLC                             | eG Global Finance PLC                                                 | CUSIP: 000000000<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $96900.13     | 0.22%             | 2025-10-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                          | Diversified Healthcare Trust                                          | CUSIP: 25525PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4906.89      | 0.01%             | 2025-06-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | USD/ZAR FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-398.46      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank, National Association                    | USD/CLP FORWARD                                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1234.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS USD                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $-5743.55     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS ZAR                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $7462.89      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.       | Ultra 10-Year US Treasury Note                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -21 | NC      | $-44943.09    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                  | CME British Pound Currency                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |       -30 | NC      | $-57865.35    | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                           | Energean Israel Finance Ltd                                           | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    200000 | PA      | $194750.00    | 0.45%             | 2024-03-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                               | Petroleos Mexicanos                                                   | CUSIP: 000000000<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    600000 | PA      | $570264.53    | 1.32%             | 2028-02-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Intelsat SA/Luxembourg                            | Intelsat SA/Luxembourg                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4592 | NS      | $108295.43    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | BRL CALL VERSUS USD PUT                                               | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |  -1300000 | NC      | $-51048.11    | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                  | MGM Resorts International                                             | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135951.64    | 0.31%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS EUR                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $40965.45     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                  | JPY/AUD FORWARD                                                       | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              | CORP              | US        |         1 | NC      | $65097.72     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | JPY/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-131062.05   | -0.30%            |  |  |  | No            |                  2 | On Loan: No      |
| PREEM HOLDING AB                                  | Preem Holdings AB                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | SE        |    100000 | PA      | $114296.43    | 0.26%             | 2027-06-30      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                             | Bausch Health Cos Inc                                                 | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $21750.00     | 0.05%             | 2030-01-30      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                             | Intelsat Jackson Holdings SA                                          | CUSIP: 45824TBC8<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |     90000 | PA      | $81410.40     | 0.19%             | 2030-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | JPY/AUD FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $73058.44     | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| BULGARIA                                          | Bulgaria Government International Bond                                | CUSIP: 000000000<br>LEI: 529900PG0XCL4LICL838 | Long             | DBT              | NUSS              | BG        |    200000 | PA      | $214481.11    | 0.50%             | 2029-09-23      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                             | Indonesia Government International Bond                               | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $161737.48    | 0.37%             | 2033-03-12      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | JPY/AUD FORWARD                                                       | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-20670.70    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| CODERE FINANCE 2 LUXEMBO                          | Codere Finance 2 Luxembourg SA                                        | CUSIP: 000000000<br>LEI: 2221005CUH65GSJUKB29 | Long             | DBT              | CORP              | LU        |     45070 | PA      | $24420.58     | 0.06%             | 2027-11-30      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                           | American Axle & Manufacturing Inc                                     | CUSIP: 02406PAY6<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     38000 | PA      | $35784.76     | 0.08%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                           | United Rentals North America Inc                                      | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21616.88     | 0.05%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                  | Trinitas CLO XIV Ltd                                                  | CUSIP: 89641QAG5<br>LEI: 549300095MXHZZMH2053 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $242838.55    | 0.56%             | 2034-01-25      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| VECTOR GROUP LTD                                  | Vector Group Ltd                                                      | CUSIP: 92240MBL1<br>LEI: 549300TUIF4WWN6NDN50 | Long             | DBT              | CORP              | US        |    125000 | PA      | $109102.17    | 0.25%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.       | CBOT 2 Year US Treasury Note                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         7 | NC      | $-3337.05     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| MGM RESORTS INTL                                  | MGM Resorts International                                             | CUSIP: 552953CF6<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144907.13    | 0.34%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                                 | Hellenic Republic Government International Bond                       | CUSIP: 000000000<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |    200000 | PA      | $240079.68    | 0.56%             | 2028-04-14      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                | Cenovus Energy Inc                                                    | CUSIP: 15135UAP4<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    110000 | PA      | $105565.88    | 0.24%             | 2037-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                            | Nationstar Mortgage Holdings Inc                                      | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $104834.42    | 0.24%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bank of America, National Association             | USD/JPY FORWARD                                                       | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $506961.81    | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                          | Ascent Resources Utica Holdings LLC / ARU Finance Corp                | CUSIP: 04364VAR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49256.25     | 0.11%             | 2028-12-31      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO BV                                  | Ziggo Bond Co BV                                                      | CUSIP: 000000000<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $251621.03    | 0.58%             | 2030-02-28      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                       | CDS STATE OF ILLINOIS                                                 | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $1638.89      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Oaktown Re Ltd                                    | Oaktown Re VII Ltd                                                    | CUSIP: 67389JAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    700000 | PA      | $688140.11    | 1.59%             | 2034-04-25      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | BRL CALL VERSUS USD PUT                                               | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |   1300000 | NC      | $84996.73     | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| DP WORLD PLC                                      | DP World Ltd/United Arab Emirates                                     | CUSIP: 000000000<br>LEI: 549300M3U2DNF4QVSS04 | Long             | DBT              | CORP              | AE        |    100000 | PA      | $103279.25    | 0.24%             | 2026-09-25      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.       | CBOT 10 Year US Treasury Note                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         9 | NC      | $15222.45     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Oaktown Re Ltd                                    | Oaktown Re VII Ltd                                                    | CUSIP: 67389JAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    200000 | PA      | $187045.74    | 0.43%             | 2034-04-25      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                    | USD/MXN FORWARD                                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $4527.50      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA                                  | Beazer Homes USA Inc                                                  | CUSIP: 07556QBR5<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90236.49     | 0.21%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2                    | BX Commercial Mortgage Trust 2019-XL                                  | CUSIP: 056054AL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    544000 | PA      | $526241.77    | 1.22%             | 2036-10-15      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | USD/BRL FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $76997.70     | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                  | Altice France SA/France                                               | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $340294.87    | 0.79%             | 2028-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Pnmac Gmsr Issuer Trust                           | PNMAC GMSR ISSUER TRUST 2018-GT1                                      | CUSIP: 69354WAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98195.36     | 0.23%             | 2023-02-25      | Floating      | 7.36%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                                   | United Group BV                                                       | CUSIP: 000000000<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $373178.85    | 0.86%             | 2026-02-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CODERE FINANCE 2 LUXEMBO                          | Codere Finance 2 Luxembourg SA                                        | CUSIP: 000000000<br>LEI: 2221005CUH65GSJUKB29 | Long             | DBT              | CORP              | LU        |    167250 | PA      | $162552.30    | 0.38%             | 2026-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                           | Standard Industries Inc/NJ                                            | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21434.62     | 0.05%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                 | CDS REPUBLIC OF GREECE                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $-51023.87    | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                        | HUF/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DFE              | CORP              | US        |         1 | NC      | $932.89       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                               | United Airlines Inc                                                   | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13686.42     | 0.03%             | 2029-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | CDS CDX.NA.HY.39.V1                                                   | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $323914.27    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| NIDDA BONDCO GMBH                                 | Nidda BondCo GmbH                                                     | CUSIP: 000000000<br>LEI: 391200JPUEK6AMI9PQ76 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $100889.15    | 0.23%             | 2025-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                    | NRG Energy Inc                                                        | CUSIP: 629377CH3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135427.61    | 0.31%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                          | Rockies Express Pipeline LLC                                          | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63817.01     | 0.15%             | 2040-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                 | JPY/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-86707.87    | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                 | CDS GAZPROM PAO                                                       | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $84857.04     | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                      | Credit Suisse Mortgage Capital Certificates 2019-ICE4                 | CUSIP: 12653VAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    275000 | PA      | $270158.60    | 0.63%             | 2036-05-15      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| UBS SECURITIES LLC                                | USD/EUR FORWARD                                                       | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $313.50       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | USD/PLN FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1482.98      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                          | AUD/JPY FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-71975.82    | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                            | Chesapeake Energy Corp                                                | CUSIP: 165167DF1<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48552.53     | 0.11%             | 2026-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                         | IRS EUR                                                               | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $96197.51     | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                     | Citigroup Inc                                                         | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    380000 | PA      | $346859.45    | 0.80%             | N/A             | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                        | EUR/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1016.58     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS                            | Bausch Health Americas Inc                                            | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |    315000 | PA      | $166122.71    | 0.38%             | 2027-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                        | EUR/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-6454.82     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                  | SWOP IRS USD                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DIR              | CORP              | DE        |  -1000000 | OU      | $-58370.79    | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| Diamond Sports Group LLC                          | Diamond Sports Group LLC                                              | CUSIP: 25277BAE8<br>LEI: 5493002K6DHWNZH8YA34 | Long             | LON              | CORP              | US        |      4264 | PA      | $3837.31      | 0.01%             | 2026-05-25      | Floating      | 13.06%                | No            |                  2 | On Loan: No      |
| TH MSR ISSUER TRUST                               | TH MSR issuer Trust                                                   | CUSIP: 87271AAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    820000 | PA      | $773313.38    | 1.79%             | 2024-06-25      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES EUROPE                                | Long Gilt                                                             | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |        -3 | NC      | $-196.78      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-22

**Name of Applicant:** Prudential Investment Portfolios 3

**Signature:** Christian J. Kelly

**Name of Signer:** Christian J. Kelly

**Title:** Chief Financial Officer