PGIM Investments LLC 

655 Broad Street 

Newark, New Jersey 07102 

The Board of Trustees of The Prudential Series Fund 

655 Broad Street 

Newark, New Jersey 07102 

Re: Contractual Fee Waiver for The Prudential Series Fund 

Dear Trustees:

PGIM Investments LLC (the "Manager") hereby agrees to cap expenses / reimburse certain expenses and/or waive a portion of its investment management fee as more particularly described and set forth for the Portfolio of The Prudential Series Fund (the “Trust”), as listed on Exhibit A attached hereto. 

Very truly yours, 

PGIM Investments LLC
 

By: /s/ Timothy S. Cronin 

Name: Timothy S. Cronin 

Title:    Senior Vice President 

Exhibit A 

Effective March 1, 2020: 

Global Portfolio: The Manager has contractually agreed to waive 0.0320% of its investment management fee through June 30, 2021.  In addition, the Manager has contractually agreed to waive 0.0003% of its investment management fee through June 30, 2021. In addition, the Manager has contractually agreed to waive 0.0040% of its investment management fee through June 30, 2021. These arrangements may not be terminated or modified prior to June 30, 2021 without the prior approval of the Trust’s Board of Trustees.