# Pgim Investments LLC

> Pgim Investments LLC is an SEC-registered investment advisory firm in Newark, NJ, registered since 1987, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 22, 2026.

- CRD: 105670
- Filed as: PGIM INVESTMENTS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Newark, NJ
- Filing period: October 2026
- Form ADV filing dated: May 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105670
- AdvisorCensus page: https://advisorcensus.com/firm/pgim-investments-llc-newark-nj-105670

## Quick answers

**How is Pgim Investments LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Pgim Investments LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Pgim Investments LLC located?**
Pgim Investments LLC's principal office is in Newark, NJ, according to its Form ADV.

**Is Pgim Investments LLC registered with the SEC or a state?**
Pgim Investments LLC is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 105670.

**How much does Pgim Investments LLC manage?**
Pgim Investments LLC reports $344,842,705,228 in regulatory assets under management in its Form ADV filing dated May 22, 2026 (100% discretionary).

**How have Pgim Investments LLC's assets and staff changed since 2021?**
In the Form ADV data for Pgim Investments LLC: Regulatory assets under management: $388,467,255,962 in the October 2021 data and $344,842,705,228 in the October 2026 data, down 11%. Total employees: 504 in October 2021 and 458 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Pgim Investments LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (37); other (6); business development companies (1).

**Does Pgim Investments LLC report any disciplinary disclosures?**
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105670

**What changed in Pgim Investments LLC's recent Form ADV filings?**
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $344,842,705,228
- Discretionary: $344,842,705,228
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 37 | $344,448,872,838 |
| Business development companies | 1 | $393,832,390 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 6 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 1987 (38 years)
- Employees: 458 total, 97 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(1): Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105670

### Websites listed on Form ADV (Item 1.I)
- [pgim.com](https://pgim.com)
- [pgim.com/gb/en/intermediary](https://pgim.com/gb/en/intermediary)
- [pgim.com/us/en/intermediary](https://pgim.com/us/en/intermediary)
- [prudential.com](https://prudential.com)
- Facebook @prudential
- Instagram @pgim
- Instagram @prudential
- LinkedIn @pgim
- LinkedIn @pgim-global-wealth
- X @pgim
- YouTube @pgim
- YouTube @prudential

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $388,467,255,962 | 504 | March 24, 2021 |
| October 2022 | $392,950,225,183 | 514 | April 28, 2022 |
| October 2023 | $311,778,009,814 | 509 | March 28, 2023 |
| October 2024 | $315,351,503,018 | 558 | March 26, 2024 |
| October 2025 | $322,085,635,448 | 490 | March 26, 2025 |
| October 2026 | $344,842,705,228 | 458 | May 22, 2026 |

Regulatory assets under management: $388,467,255,962 in the October 2021 data and $344,842,705,228 in the October 2026 data, down 11%.
Total employees: 504 in October 2021 and 458 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 92 to 97.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pgim Investments LLC (CRD 105670): Form ADV filing data as of October 2026.