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Prudential Financial, Inc.
Mayura Hooper, +1-973--367-7930
mayura.hooper@prudential.com

23 March 2016

Prudential Global Total Return Fund, Inc. and Global Real Estate Fund Win 2016 Lipper Awards

NEWARK, N.J., March 23, 2016 - The Prudential Global Total Return Fund, Inc. and the Prudential Global Real Estate Fund have each received 2016 Lipper Fund Awards, recognizing the funds as best in class among peers in the global income and global real estate categories. The funds are distributed by Prudential Investments, a part of PGIM, Inc., the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

The awards honor the funds’ consistently strong 10-year risk-adjusted performance as of November 30, 2015, relative to peers and based on Lipper's performance-based methodology.

“Our focus on delivering strong results for our shareholders is our top priority and validates the expertise and consistent performance of our investment managers,” said Stuart Parker, president of Prudential Investments. “These awards recognize Prudential Fixed Income and Prudential Real Estate Investors for the active management of our funds for long-term performance through changing market cycles.”

The Prudential Global Total Return Fund (Class Z: PZTRX), won out of 76 funds in the global income category. The fund seeks total return of current income and capital appreciation through a diversified portfolio of U.S. and non-U.S. fixed income securities.

The Prudential Global Real Estate Fund (Class Z: PURZX), won out of 32 funds in the global real estate category. The fund seeks to provide capital appreciation and income by investing primarily in domestic and international real estate securities. This is the third Lipper award for the Global Real Estate Fund.

Prudential Investments is among the industry’s fastest growing fund familiesi and ranks among the top five fastest organically growing U.S. mutual funds between 2008 and 2015ii. Prudential Investments is a part of PGIM, among the world’s largest investment management companies with $963 billion in assets under management as of December 31, 2015.

Class Z shares are available to institutional investors through certain retirement, mutual fund wrap and asset allocation programs, and to institutions at an investment minimum of $5,000,000. Performance by share class may vary. Other share classes, which contain either a sales load or a contingent deferred sales charge, are also available. These expenses could lower total fund return. Please see the prospectus for additional information about fees, expenses and investor eligibility requirements.

About PGIM

PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including fundamental equity, quantitative equity, public fixed income, private fixed income, real estate and commercial mortgages. Its businesses have offices in 16 countries across five continents and had $963 billion in assets under management as of December 31, 2015. For more information, please visit http://www.pgim.com

About Prudential Financial

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of December 31, 2015, has operations in the United States, Asia, Europe and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit http://www.news.prudential.com.

In the Lipper Fund Awards, funds had to be registered for sale in the respective country as of the end of 2015 and the fund had to have at least 36 months of performance history as of the end of the evaluation year. S&P 500 Index funds, specialty diversified equity funds and specialty/miscellaneous funds were not eligible to receive classification awards. Rankings do not take sales charges into account. Past performance is no guarantee of future results.

The Lipper Fund Awards are based on risk-adjusted returns for the three-, five-, and 10-year periods ending 11/30/2015 using Lipper's proprietary, quantitative fund rating methodology. Prudential Global Real Estate Fund- #1 Global Real Estate Fund (Class Z) out of 32 funds for the 10-year period ended 11/30/2015. Rankings for the 3- and 5-year periods were 40 out of 113 and 20 out of 94 funds, respectively. #1 Global Real Estate Fund (Class Z) out of 24 funds for the 10-year period ended 11/30/2014. Rankings for the 3- and 5-year periods were 44 out of 106 and 18 out of 95 funds, respectively. The awards are based on the risk-adjusted returns for the period ended 11/30/2014. #1 Global Real Estate Fund (Class Z) out of 46 funds for the 5-year period ended 11/30/2011. Ranking for the 3- year period was 7 out of 81 funds. The awards are based on the risk-adjusted returns for the period ended 11/30/2011. Prudential Global Total Return Fund- #1 Global Income Fund (Class Z) out of 76 funds for the 10-year period ended 11/30/2015. Rankings for the 3- and 5-year periods were 72 out of 182 and 28 out of 130 funds, respectively.

From Thomson Reuters Lipper Awards, © 2016 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.

Mutual fund investing involves risks. Some funds are riskier than others. The risks associated with investing in these funds include but are not limited to: derivative securities, which may carry market, credit, and liquidity risks (All funds); short sales, which involve costs and the risk of potentially unlimited losses (PZTRX); leveraging, which may magnify losses (PZTRX); high yield (“junk”) bonds, which are subject to greater market risks (PZTRX); real estate, which poses certain risks related to overall and specific economic conditions as well as risks related to individual property, credit, and interest-rate fluctuations (PURZX); and foreign securities, which are subject to currency fluctuation and political uncertainty (PZTRX); Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise (PZTRX). The risks associated with each fund are explained more fully in each fund’s respective prospectus. There is no guarantee a fund’s objectives will be achieved.

Consider a fund’s investment objectives, risks, charges, and expenses carefully before investing. The prospectus and the summary prospectus contain this and other information about the fund. Contact the Prudential Investments Sales Desk at (800) 257-3893 to obtain the prospectus and the summary prospectus. Read them carefully before investing.

Mutual funds are distributed by Prudential Investment Management Services LLC, a Prudential Financial company. (PGIM), a registered investment advisors and Prudential Financial companies. Prudential Fixed Income and Prudential Real Estate Investors, also known as PREI, are units of PGIM. © 2016 Prudential Financial, Inc. and its related entities. PREI, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

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i Source: Strategic Insights (as of December 2015)

ii Source: Simfund, as of December 31, 2015, among top 50 competitors between 2008 and 4Q2015.

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