Prudential Investments has launched three new fixed income funds: the Prudential Floating Rate Income Fund, the Prudential Absolute Return Bond Fund and the Prudential Emerging Markets Debt Local Currency Fund.

“Today’s historically low interest rates have many investors concerned that if rates start rising, it could have a negative impact on their bond investments,” said Judy Rice, president of Prudential Investments. “Two of our new funds help protect against changing market conditions and may reduce interest rate risk, while the third focuses on helping investors take advantage of growing opportunities in developing markets.”

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.