NPORT-EX 2 PIDPC00PRU073124.htm
PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Long-Term Investments 95.6%          
Convertible Bond 0.0%
China 
Sunac China Holdings Ltd.,
Sr. Sec’d. Notes, 144A, Cash coupon 1.000%
(cost $2,992)
1.000 % 09/30/32   22  $1,322
Corporate Bonds 22.0%
Azerbaijan 0.3%
Southern Gas Corridor CJSC,
Gov’t. Gtd. Notes
6.875 03/24/26   400 403,750
State Oil Co. of the Azerbaijan Republic,
Sr. Unsec’d. Notes
6.950 03/18/30   400 413,250
          817,000
Bahrain 0.2%
Bapco Energies BSC Closed,
Sr. Unsec’d. Notes
8.375 11/07/28   500 537,030
Brazil 0.6%
Banco do Brasil SA,
Sr. Unsec’d. Notes
4.875 01/11/29   200 193,350
Braskem Netherlands Finance BV,          
Gtd. Notes 8.500 01/12/31   200 206,820
Gtd. Notes, 144A 8.500 01/12/31   240 248,184
     
 
Globo Comunicacao e Participacoes SA,
Sr. Unsec’d. Notes
4.875 01/22/30   200 180,125
Nexa Resources SA,
Gtd. Notes
6.500 01/18/28   410 415,894
Petrobras Global Finance BV,
Gtd. Notes
5.375 10/01/29 GBP 100 121,834
          1,366,207
Chile 1.0%
Alfa Desarrollo SpA,
Sr. Sec’d. Notes, 144A
4.550 09/27/51   199 149,438
Corp. Nacional del Cobre de Chile,          
Sr. Unsec’d. Notes 3.000 09/30/29   200 178,688
Sr. Unsec’d. Notes 4.250 07/17/42   360 287,100
Sr. Unsec’d. Notes 4.875 11/04/44   600 510,937
Sr. Unsec’d. Notes, 144A 4.875 11/04/44   200 170,313
1

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Chile (cont’d.)
Corp. Nacional del Cobre de Chile, (cont’d.)          
Sr. Unsec’d. Notes, 144A 5.125 % 02/02/33   200  $192,687
Sr. Unsec’d. Notes, 144A 6.440 01/26/36   640 669,600
Empresa Nacional del Petroleo,          
Sr. Unsec’d. Notes, 144A 3.450 09/16/31   200 174,312
Sr. Unsec’d. Notes, 144A 6.150 05/10/33   200 203,000
          2,536,075
China 0.4%
Agile Group Holdings Ltd.,
Sr. Sec’d. Notes
6.050 10/13/25(d)   200 12,500
ENN Clean Energy International Investment Ltd.,
Gtd. Notes, 144A
3.375 05/12/26   200 192,398
Prosus NV,
Sr. Unsec’d. Notes, 144A
4.193 01/19/32   550 487,438
Sinopec Group Overseas Development 2012 Ltd.,
Gtd. Notes
4.875 05/17/42   200 196,190
Sunac China Holdings Ltd.,          
Sr. Sec’d. Notes, 144A, PIK 6.000% 6.000 09/30/26   18 2,264
Sr. Sec’d. Notes, 144A, PIK 6.250% 6.250 09/30/27   18 1,996
Sr. Sec’d. Notes, 144A, PIK 6.500% 6.500 09/30/27   36 3,722
Sr. Sec’d. Notes, 144A, PIK 6.750% 6.750 09/30/28   —(r)
Sr. Sec’d. Notes, 144A, PIK 7.000% 7.000 09/30/29   55 4,852
Sr. Sec’d. Notes, 144A, PIK 7.250% 7.250 09/30/30   26 2,119
          903,479
Colombia 0.7%
Colombia Telecomunicaciones SA ESP,
Sr. Unsec’d. Notes, 144A
4.950 07/17/30   200 170,510
Ecopetrol SA,          
Sr. Unsec’d. Notes 4.625 11/02/31   76 62,905
Sr. Unsec’d. Notes 6.875 04/29/30   233 226,592
Sr. Unsec’d. Notes 8.625 01/19/29   560 594,160
Sr. Unsec’d. Notes 8.875 01/13/33   476 495,459
     
 
Grupo Aval Ltd.,
Gtd. Notes, 144A
4.375 02/04/30   200 170,063
          1,719,689
2

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Costa Rica 0.1%
Instituto Costarricense de Electricidad,
Sr. Unsec’d. Notes, 144A
6.750 % 10/07/31   200  $201,136
Guatemala 0.1%
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL,
Gtd. Notes
5.250 04/27/29   167 159,336
CT Trust,
Sr. Sec’d. Notes, 144A
5.125 02/03/32   200 178,500
          337,836
Hungary 0.4%
MFB Magyar Fejlesztesi Bank Zrt,
Gov’t. Gtd. Notes
6.500 06/29/28   215 219,703
MVM Energetika Zrt,          
Sr. Unsec’d. Notes 6.500 03/13/31   650 661,986
Sr. Unsec’d. Notes 7.500 06/09/28   208 218,140
          1,099,829
India 1.4%
Adani Ports & Special Economic Zone Ltd.,
Sr. Unsec’d. Notes, 144A
5.000 08/02/41   200 160,886
Azure Power Solar Energy Pvt. Ltd.,
Sr. Sec’d. Notes, 144A, MTN
5.650 12/24/24   200 199,142
CA Magnum Holdings,
Sr. Sec’d. Notes, 144A
5.375 10/31/26   400 385,250
GMR Hyderabad International Airport Ltd.,
Sr. Sec’d. Notes
4.250 10/27/27   400 376,750
HPCL-Mittal Energy Ltd.,
Sr. Unsec’d. Notes
5.250 04/28/27   400 392,125
NTPC Ltd.,
Sr. Unsec’d. Notes, EMTN
2.750 02/01/27 EUR 100 104,391
Periama Holdings LLC,
Gtd. Notes
5.950 04/19/26   400 397,750
Power Finance Corp. Ltd.,
Sr. Unsec’d. Notes
4.500 06/18/29   810 786,966
3

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
India (cont’d.)
Reliance Industries Ltd.,
Sr. Unsec’d. Notes, 144A
3.625 % 01/12/52   250  $181,562
Summit Digitel Infrastructure Ltd.,
Sr. Sec’d. Notes, 144A
2.875 08/12/31   435 367,264
          3,352,086
Indonesia 2.1%
Cikarang Listrindo Tbk PT,
Sr. Unsec’d. Notes, 144A
4.950 09/14/26   200 194,875
Freeport Indonesia PT,
Sr. Unsec’d. Notes, 144A, MTN
5.315 04/14/32   400 391,888
Indofood CBP Sukses Makmur Tbk PT,
Sr. Unsec’d. Notes
3.541 04/27/32   200 174,620
Indonesia Asahan Aluminium PT/Mineral Industri
Indonesia Persero PT,
         
Sr. Unsec’d. Notes 5.450 05/15/30   920 914,121
Sr. Unsec’d. Notes, 144A 4.750 05/15/25   200 198,438
     
 
Pertamina Geothermal Energy PT,
Sr. Unsec’d. Notes, 144A
5.150 04/27/28   200 199,563
Pertamina Persero PT,          
Sr. Unsec’d. Notes 6.000 05/03/42   200 202,250
Sr. Unsec’d. Notes, 144A, MTN 4.700 07/30/49   200 169,272
Sr. Unsec’d. Notes, EMTN 3.100 01/21/30   200 180,126
Sr. Unsec’d. Notes, EMTN 3.100 08/27/30   300 267,777
Sr. Unsec’d. Notes, EMTN 3.650 07/30/29   200 186,772
Sr. Unsec’d. Notes, EMTN 4.700 07/30/49   200 169,272
Sr. Unsec’d. Notes, EMTN 6.500 11/07/48   200 215,688
Perusahaan Perseroan Persero PT Perusahaan
Listrik Negara,
         
Sr. Unsec’d. Notes 1.875 11/05/31 EUR 400 364,312
Sr. Unsec’d. Notes 2.875 10/25/25 EUR 200 213,609
Sr. Unsec’d. Notes, 144A, MTN 5.450 05/21/28   620 623,112
Sr. Unsec’d. Notes, 144A, MTN 6.150 05/21/48   400 397,544
Sr. Unsec’d. Notes, EMTN 6.150 05/21/48   200 198,772
          5,262,011
Israel 0.5%
Bank Leumi Le-Israel BM,
Sr. Unsec’d. Notes, 144A
5.125 07/27/27   203 198,433
Energean Israel Finance Ltd.,          
Sr. Sec’d. Notes, 144A 5.375 03/30/28   385 345,056
4

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Israel (cont’d.)
Energean Israel Finance Ltd., (cont’d.)          
Sr. Sec’d. Notes, 144A 5.875 % 03/30/31   290  $245,775
Leviathan Bond Ltd.,          
Sr. Sec’d. Notes, 144A 6.125 06/30/25   200 194,800
Sr. Sec’d. Notes, 144A 6.750 06/30/30   300 267,000
          1,251,064
Jamaica 0.1%
Digicel Intermediate Holdings Ltd./Digicel International Finance Ltd./DIFL US LLC,
Sr. Sec’d. Notes, Cash coupon 9.000% and PIK 1.500% (original cost $92,269; purchased 01/29/24 - 05/15/24)(f)
10.500 05/25/27   99 98,653
Digicel MidCo Ltd./DIFL US II LLC,
Sr. Unsec’d. Notes, PIK 10.500% (original cost $43,969; purchased 01/30/24 - 05/15/24)(f)
10.500 11/25/28   67 53,383
          152,036
Kazakhstan 0.8%
KazMunayGas National Co. JSC,          
Sr. Unsec’d. Notes 3.500 04/14/33   200 165,200
Sr. Unsec’d. Notes 4.750 04/19/27   400 389,624
Sr. Unsec’d. Notes 5.750 04/19/47   200 174,606
Sr. Unsec’d. Notes 6.375 10/24/48   400 377,124
Sr. Unsec’d. Notes, EMTN 5.375 04/24/30   800 780,400
          1,886,954
Kuwait 0.2%
MEGlobal BV,
Gtd. Notes, EMTN
2.625 04/28/28   300 272,250
MEGlobal Canada ULC,
Gtd. Notes, 144A, MTN
5.875 05/18/30   200 203,938
          476,188
Macau 0.3%
MGM China Holdings Ltd.,          
Sr. Unsec’d. Notes 4.750 02/01/27   330 314,655
Sr. Unsec’d. Notes, 144A 7.125 06/26/31   200 202,164
5

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Macau (cont’d.)
     
 
Sands China Ltd.,
Sr. Unsec’d. Notes
5.400 % 08/08/28   250  $246,562
          763,381
Malaysia 1.0%
GENM Capital Labuan Ltd.,
Gtd. Notes
3.882 04/19/31   400 354,250
Gohl Capital Ltd.,
Gtd. Notes
4.250 01/24/27   250 242,109
Petronas Capital Ltd.,          
Gtd. Notes, 144A, MTN 4.550 04/21/50   800 706,224
Gtd. Notes, 144A, MTN 4.800 04/21/60   200 180,268
Gtd. Notes, EMTN 2.480 01/28/32   400 340,024
Gtd. Notes, EMTN 4.550 04/21/50   500 441,390
Gtd. Notes, EMTN 4.800 04/21/60   200 180,268
          2,444,533
Mexico 4.6%
Braskem Idesa SAPI,
Sr. Sec’d. Notes, 144A
7.450 11/15/29   310 249,550
Comision Federal de Electricidad,          
Gtd. Notes 4.688 05/15/29   710 671,837
Gtd. Notes, 144A 4.688 05/15/29   200 189,250
     
 
Fermaca Enterprises S de RL de CV,
Sr. Sec’d. Notes
6.375 03/30/38   551 545,204
Mexico City Airport Trust,          
Sr. Sec’d. Notes 3.875 04/30/28   200 188,188
Sr. Sec’d. Notes 5.500 07/31/47   2,430 2,044,237
Sr. Sec’d. Notes, 144A 5.500 10/31/46   400 335,876
Sr. Sec’d. Notes, 144A 5.500 07/31/47   400 336,500
Petroleos Mexicanos,          
Gtd. Notes 5.350 02/12/28   1,069 969,530
Gtd. Notes 5.950 01/28/31   370 304,843
Gtd. Notes 6.350 02/12/48(a)   493 322,299
Gtd. Notes 6.490 01/23/27   655 632,730
Gtd. Notes 6.500 03/13/27   466 447,826
Gtd. Notes 6.500 06/02/41   610 423,736
Gtd. Notes 6.700 02/16/32   1,271 1,083,655
Gtd. Notes 6.840 01/23/30   443 396,441
Gtd. Notes 6.950 01/28/60   45 30,235
Gtd. Notes 7.690 01/23/50   661 486,331
6

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Mexico (cont’d.)
Petroleos Mexicanos, (cont’d.)          
Gtd. Notes 10.000 % 02/07/33   109  $111,234
Gtd. Notes, EMTN 2.750 04/21/27 EUR 200 193,993
Gtd. Notes, MTN 6.750 09/21/47   805 544,381
Gtd. Notes, MTN 6.875 08/04/26   380 374,779
Gtd. Notes, MTN 8.750 06/02/29   150 148,935
     
 
Tierra Mojada Luxembourg II Sarl,
Sr. Sec’d. Notes, 144A
5.750 12/01/40   381 348,845
          11,380,435
Morocco 0.2%
OCP SA,
Sr. Unsec’d. Notes, 144A
6.750 05/02/34   430 447,200
Panama 0.3%
Aeropuerto Internacional de Tocumen SA,          
Sr. Sec’d. Notes 4.000 08/11/41   200 154,376
Sr. Sec’d. Notes, 144A 5.125 08/11/61   400 303,376
     
 
AES Panama Generation Holdings SRL,
Sr. Sec’d. Notes
4.375 05/31/30   386 340,691
          798,443
Peru 0.6%
Banco Internacional del Peru SAA Interbank,
Sr. Unsec’d. Notes
3.250 10/04/26   350 333,922
Corp. Financiera de Desarrollo SA,
Sr. Unsec’d. Notes
2.400 09/28/27   200 182,900
Fondo MIVIVIENDA SA,
Sr. Unsec’d. Notes, 144A
4.625 04/12/27   150 146,625
InRetail Consumer,
Sr. Sec’d. Notes
3.250 03/22/28   300 274,314
Petroleos del Peru SA,          
Sr. Unsec’d. Notes 4.750 06/19/32   225 168,750
Sr. Unsec’d. Notes 5.625 06/19/47   700 448,217
          1,554,728
Philippines 0.1%
Globe Telecom, Inc.,
Sr. Unsec’d. Notes
3.000 07/23/35   200 155,500
7

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Poland 0.6%
Bank Gospodarstwa Krajowego,          
Gov’t. Gtd. Notes, 144A 6.250 % 07/09/54   530  $554,677
Gov’t. Gtd. Notes, 144A, MTN 5.375 05/22/33   400 403,124
Gov’t. Gtd. Notes, EMTN 5.375 05/22/33   500 503,905
          1,461,706
Qatar 0.4%
QatarEnergy,          
Sr. Unsec’d. Notes 3.300 07/12/51   200 142,562
Sr. Unsec’d. Notes, 144A 3.125 07/12/41   1,240 939,684
          1,082,246
Saudi Arabia 0.6%
EIG Pearl Holdings Sarl,
Sr. Sec’d. Notes, 144A
3.545 08/31/36   450 386,297
Greensaif Pipelines Bidco Sarl,
Sr. Sec’d. Notes, 144A
6.129 02/23/38   200 203,930
Saudi Arabian Oil Co.,          
Sr. Unsec’d. Notes 2.250 11/24/30   260 221,325
Sr. Unsec’d. Notes, EMTN 4.250 04/16/39   400 352,500
     
 
TMS Issuer Sarl,
Sr. Sec’d. Notes, 144A
5.780 08/23/32   200 204,100
          1,368,152
South Africa 1.6%
Eskom Holdings SOC Ltd.,          
Gov’t. Gtd. Notes, MTN 6.350 08/10/28   1,510 1,489,237
Sr. Unsec’d. Notes 7.125 02/11/25   890 890,000
Sr. Unsec’d. Notes, MTN 8.450 08/10/28   460 471,500
     
 
MTN Mauritius Investments Ltd.,
Gtd. Notes, 144A
6.500 10/13/26   200 200,250
Sasol Financing USA LLC,
Gtd. Notes
6.500 09/27/28   300 291,375
Transnet SOC Ltd.,          
Sr. Unsec’d. Notes 8.250 02/06/28   200 202,625
Sr. Unsec’d. Notes, 144A 8.250 02/06/28   420 425,513
          3,970,500
8

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Trinidad & Tobago 0.1%
Heritage Petroleum Co. Ltd.,
Sr. Sec’d. Notes, 144A
9.000 % 08/12/29   200  $208,230
Turkey 0.1%
Aydem Yenilenebilir Enerji A/S,
Sr. Sec’d. Notes, 144A
7.750 02/02/27   200 197,063
Ukraine 0.1%
NAK Naftogaz Ukraine via Kondor Finance PLC,
Sr. Unsec’d. Notes, PIK
7.125 07/19/26(d) EUR 420 338,636
State Savings Bank of Ukraine Via SSB #1 PLC,
Sr. Unsec’d. Notes
9.625 03/20/25   20 18,800
          357,436
United Arab Emirates 1.9%
Abu Dhabi Crude Oil Pipeline LLC,          
Sr. Sec’d. Notes 3.650 11/02/29   200 188,875
Sr. Sec’d. Notes 4.600 11/02/47   400 359,875
     
 
Abu Dhabi National Energy Co. PJSC,
Sr. Unsec’d. Notes, 144A
4.000 10/03/49   200 163,188
DP World Crescent Ltd.,
Sr. Unsec’d. Notes, EMTN
3.875 07/18/29   660 624,938
DP World Ltd.,
Sr. Unsec’d. Notes, EMTN
6.850 07/02/37   1,920 2,111,400
Galaxy Pipeline Assets Bidco Ltd.,          
Sr. Sec’d. Notes 2.160 03/31/34   178 153,996
Sr. Sec’d. Notes, 144A 2.940 09/30/40   916 740,637
MDGH GMTN RSC Ltd.,          
Gtd. Notes, 144A, MTN 5.084 05/22/53   200 190,750
Gtd. Notes, EMTN 3.700 11/07/49   240 184,575
          4,718,234
Venezuela 0.4%
Petroleos de Venezuela SA,          
Gtd. Notes 5.375 04/12/27(d)   205 22,960
Gtd. Notes 6.000 05/16/24(d)   1,280 145,920
Gtd. Notes 6.000 11/15/26(d)   2,010 231,150
Gtd. Notes 9.750 05/17/35(d)   350 43,050
Sr. Sec’d. Notes 8.500 10/27/20(d)   645 580,500
          1,023,580
9

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Vietnam 0.2%
Mong Duong Finance Holdings BV,
Sr. Sec’d. Notes
5.125 % 05/07/29   422  $404,248
     
 
Total Corporate Bonds
(cost $56,793,388)
54,234,235
Sovereign Bonds 71.6%
Angola 1.7%
Angolan Government International Bond,          
Sr. Unsec’d. Notes 8.250 05/09/28   1,740 1,648,650
Sr. Unsec’d. Notes 8.750 04/14/32   500 445,063
Sr. Unsec’d. Notes 9.375 05/08/48   800 673,250
Sr. Unsec’d. Notes 9.500 11/12/25   505 513,206
Sr. Unsec’d. Notes, EMTN 8.000 11/26/29   1,000 905,312
          4,185,481
Argentina 1.8%
Argentine Republic Government International Bond,          
Sr. Unsec’d. Notes 0.000 12/15/35(d)   16,368 245,520
Sr. Unsec’d. Notes 0.000 12/15/35(d) EUR 15,000 923,375
Sr. Unsec’d. Notes 0.750(cc) 07/09/30   1,902 1,028,067
Sr. Unsec’d. Notes 1.000 07/09/29   544 315,577
Sr. Unsec’d. Notes 3.500(cc) 07/09/41   1,367 544,738
Sr. Unsec’d. Notes 4.125(cc) 07/09/35   1,772 740,855
Sr. Unsec’d. Notes 4.125(cc) 07/09/46   335 148,133
Sr. Unsec’d. Notes 5.000 01/09/38   1,217 562,041
          4,508,306
Bahrain 1.6%
Bahrain Government International Bond,          
Sr. Unsec’d. Notes 6.000 09/19/44   200 165,446
Sr. Unsec’d. Notes 6.750 09/20/29   800 819,000
Sr. Unsec’d. Notes 7.000 10/12/28   950 988,294
Sr. Unsec’d. Notes 7.375 05/14/30   1,070 1,124,870
Sr. Unsec’d. Notes 7.500 09/20/47   400 386,000
Sr. Unsec’d. Notes, 144A 7.500 02/12/36   325 335,969
Sr. Unsec’d. Notes, EMTN 6.250 01/25/51   200 167,298
          3,986,877
10

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Brazil 3.3%
Brazil Minas SPE via State of Minas Gerais,
Gov’t. Gtd. Notes
5.333 % 02/15/28   114  $112,789
Brazilian Government International Bond,          
Sr. Unsec’d. Notes 3.875 06/12/30   1,285 1,162,385
Sr. Unsec’d. Notes 5.000 01/27/45   1,631 1,293,774
Sr. Unsec’d. Notes 5.625 01/07/41   845 757,543
Sr. Unsec’d. Notes 6.000 10/20/33   1,495 1,472,441
Sr. Unsec’d. Notes 6.125 01/22/32   600 597,582
Sr. Unsec’d. Notes 6.250 03/18/31   210 212,180
Sr. Unsec’d. Notes 7.125 01/20/37   585 623,920
Sr. Unsec’d. Notes 7.125 05/13/54   1,025 1,012,700
Sr. Unsec’d. Notes 8.250 01/20/34   763 878,167
          8,123,481
Chile 0.5%
Chile Government International Bond,          
Sr. Unsec’d. Notes 2.550 07/27/33   370 306,408
Sr. Unsec’d. Notes 2.750 01/31/27   220 208,120
Sr. Unsec’d. Notes 3.100 01/22/61   200 126,400
Sr. Unsec’d. Notes 3.250 09/21/71   200 126,700
Sr. Unsec’d. Notes 4.000 01/31/52   235 186,092
Sr. Unsec’d. Notes 4.340 03/07/42   280 244,720
          1,198,440
Colombia 3.3%
Colombia Government International Bond,          
Sr. Unsec’d. Notes 3.000 01/30/30   1,518 1,263,735
Sr. Unsec’d. Notes 3.875 04/25/27   870 826,065
Sr. Unsec’d. Notes 4.500 03/15/29   1,560 1,440,660
Sr. Unsec’d. Notes 5.000 06/15/45   400 285,000
Sr. Unsec’d. Notes 5.200 05/15/49   802 573,831
Sr. Unsec’d. Notes 5.625 02/26/44   710 552,380
Sr. Unsec’d. Notes 6.125 01/18/41   730 621,230
Sr. Unsec’d. Notes 7.500 02/02/34   840 852,180
Sr. Unsec’d. Notes 8.000 04/20/33   910 954,590
Sr. Unsec’d. Notes 8.750 11/14/53   500 531,750
Sr. Unsec’d. Notes 10.375 01/28/33   200 241,124
          8,142,545
11

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Costa Rica 1.3%
Costa Rica Government International Bond,          
Sr. Unsec’d. Notes 4.375 % 04/30/25   200  $198,062
Sr. Unsec’d. Notes 6.125 02/19/31   650 658,450
Sr. Unsec’d. Notes 6.550 04/03/34   330 341,345
Sr. Unsec’d. Notes 7.000 04/04/44   400 414,500
Sr. Unsec’d. Notes, 144A 6.550 04/03/34   465 480,987
Unsec’d. Notes, 144A 7.300 11/13/54   1,087 1,157,655
          3,250,999
Dominican Republic 4.3%
Dominican Republic International Bond,          
Sr. Unsec’d. Notes 4.500 01/30/30   1,841 1,710,399
Sr. Unsec’d. Notes 4.875 09/23/32   390 357,217
Sr. Unsec’d. Notes 5.300 01/21/41   400 347,752
Sr. Unsec’d. Notes 5.500 02/22/29   1,283 1,260,150
Sr. Unsec’d. Notes 5.875 01/30/60   270 234,733
Sr. Unsec’d. Notes 5.950 01/25/27   705 706,762
Sr. Unsec’d. Notes 6.000 07/19/28   1,115 1,118,836
Sr. Unsec’d. Notes 6.400 06/05/49   1,020 973,080
Sr. Unsec’d. Notes 6.850 01/27/45   610 615,338
Sr. Unsec’d. Notes 6.875 01/29/26   793 803,158
Sr. Unsec’d. Notes 7.050 02/03/31   380 398,764
Sr. Unsec’d. Notes 7.450 04/30/44   720 772,423
Sr. Unsec’d. Notes, 144A 5.300 01/21/41   150 130,407
Sr. Unsec’d. Notes, 144A 5.500 02/22/29   1,010 992,012
Sr. Unsec’d. Notes, 144A 6.000 07/19/28   170 170,585
          10,591,616
Ecuador 1.6%
Ecuador Government International Bond,          
Sr. Unsec’d. Notes 5.000(cc) 07/31/40   1,177 569,031
Sr. Unsec’d. Notes 6.900 07/31/30   850 575,260
Sr. Unsec’d. Notes, 144A 7.187(s) 07/31/30   179 91,306
Sr. Unsec’d. Notes, 144A 5.000(cc) 07/31/40   1,711 827,231
Sr. Unsec’d. Notes, 144A 5.500(cc) 07/31/35   1,721 911,592
Sr. Unsec’d. Notes, 144A 6.900 07/31/30   1,560 1,056,249
          4,030,669
12

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Egypt 2.8%
Egypt Government International Bond,          
Sr. Unsec’d. Notes 5.800 % 09/30/27   895  $817,527
Sr. Unsec’d. Notes 7.500 01/31/27   200 194,250
Sr. Unsec’d. Notes 7.625 05/29/32   1,310 1,097,125
Sr. Unsec’d. Notes 7.903 02/21/48   200 143,938
Sr. Unsec’d. Notes 8.500 01/31/47   700 528,937
Sr. Unsec’d. Notes 8.700 03/01/49   850 651,312
Sr. Unsec’d. Notes 8.875 05/29/50   400 309,000
Sr. Unsec’d. Notes, 144A 8.700 03/01/49   410 314,162
Sr. Unsec’d. Notes, 144A, MTN 6.375 04/11/31 EUR 220 192,931
Sr. Unsec’d. Notes, 144A, MTN 8.500 01/31/47   255 192,684
Sr. Unsec’d. Notes, EMTN 4.750 04/16/26 EUR 640 661,471
Sr. Unsec’d. Notes, EMTN 5.625 04/16/30 EUR 450 396,459
Sr. Unsec’d. Notes, EMTN 6.375 04/11/31 EUR 600 526,175
Sr. Unsec’d. Notes, EMTN 7.053 01/15/32   200 164,000
Sr. Unsec’d. Notes, EMTN 7.600 03/01/29   850 791,297
          6,981,268
El Salvador 1.0%
El Salvador Government International Bond,          
Sr. Unsec’d. Notes 6.375 01/18/27   318 290,077
Sr. Unsec’d. Notes 7.625 02/01/41   300 210,300
Sr. Unsec’d. Notes 7.650 06/15/35   57 42,551
Sr. Unsec’d. Notes 8.250 04/10/32   275 222,406
Sr. Unsec’d. Notes 8.625 02/28/29   827 754,381
Sr. Unsec’d. Notes, 144A 0.250 04/17/30   930 26,040
Sr. Unsec’d. Notes, 144A 9.250 04/17/30   1,130 1,027,599
          2,573,354
Gabon 0.2%
Gabon Government International Bond,          
Sr. Unsec’d. Notes 6.625 02/06/31   315 231,230
Sr. Unsec’d. Notes 7.000 11/24/31   200 146,500
          377,730
Ghana 1.3%
Ghana Government International Bond,          
Bank Gtd. Notes, 144A 10.750 10/14/30   400 268,625
Sr. Unsec’d. Notes 6.375 02/11/27(d)   450 225,140
Sr. Unsec’d. Notes 7.750 04/07/29(d)   650 327,437
13

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Ghana (cont’d.)
Ghana Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes 7.875 % 03/26/27(d)   1,150  $579,669
Sr. Unsec’d. Notes 7.875 02/11/35(d)   1,200 610,500
Sr. Unsec’d. Notes 8.750 03/11/61(d)   200 102,000
Sr. Unsec’d. Notes 8.875 05/07/42(d)   200 101,376
Sr. Unsec’d. Notes 8.950 03/26/51(d)   870 445,875
Sr. Unsec’d. Notes, 144A 7.625 05/16/29   400 200,000
Sr. Unsec’d. Notes, 144A 8.125 01/18/26   600 308,100
Sr. Unsec’d. Notes, 144A 8.950 03/26/51(a)(d)   205 105,063
          3,273,785
Guatemala 1.4%
Guatemala Government Bond,          
Sr. Unsec’d. Notes 3.700 10/07/33   200 165,750
Sr. Unsec’d. Notes 4.500 05/03/26   302 293,884
Sr. Unsec’d. Notes 4.875 02/13/28   400 386,625
Sr. Unsec’d. Notes 6.125 06/01/50   850 780,406
Sr. Unsec’d. Notes 7.050 10/04/32   800 848,250
Sr. Unsec’d. Notes, 144A 4.650 10/07/41   200 159,187
Sr. Unsec’d. Notes, 144A 6.050 08/06/31   200 199,880
Sr. Unsec’d. Notes, 144A 6.550 02/06/37   200 200,526
Unsec’d. Notes 5.250 08/10/29   430 417,772
          3,452,280
Honduras 0.2%
Honduras Government International Bond,
Sr. Unsec’d. Notes
6.250 01/19/27   400 384,250
Hungary 2.5%
Hungary Government International Bond,          
Sr. Unsec’d. Notes 3.125 09/21/51   440 279,734
Sr. Unsec’d. Notes 5.250 06/16/29   200 199,250
Sr. Unsec’d. Notes 6.125 05/22/28   612 628,448
Sr. Unsec’d. Notes 6.250 09/22/32   220 230,313
Sr. Unsec’d. Notes 7.625 03/29/41   760 872,812
Sr. Unsec’d. Notes, 144A 5.250 06/16/29   740 737,225
Sr. Unsec’d. Notes, 144A 5.500 03/26/36   1,220 1,196,362
Sr. Unsec’d. Notes, 144A 6.250 09/22/32   1,235 1,292,891
Sr. Unsec’d. Notes, 144A 6.750 09/25/52   220 237,875
14

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Hungary (cont’d.)
     
 
Magyar Export-Import Bank Zrt,
Gov’t. Gtd. Notes, 144A
6.125 % 12/04/27   600  $604,688
          6,279,598
India 0.2%
Export-Import Bank of India,          
Sr. Unsec’d. Notes, 144A, MTN 3.250 01/15/30   400 367,375
Sr. Unsec’d. Notes, EMTN 2.250 01/13/31   200 168,462
          535,837
Indonesia 2.4%
Indonesia Government International Bond,          
Sr. Unsec’d. Notes 1.100 03/12/33 EUR 440 383,482
Sr. Unsec’d. Notes 1.400 10/30/31 EUR 100 92,566
Sr. Unsec’d. Notes 3.550 03/31/32   200 182,125
Sr. Unsec’d. Notes 4.300 03/31/52   400 341,500
Sr. Unsec’d. Notes 4.650 09/20/32   590 578,200
Sr. Unsec’d. Notes 5.450 09/20/52   400 401,000
Sr. Unsec’d. Notes 5.650 01/11/53   200 205,563
Sr. Unsec’d. Notes 6.625 02/17/37   150 168,703
Sr. Unsec’d. Notes 7.750 01/17/38   690 853,012
Sr. Unsec’d. Notes 8.500 10/12/35   400 510,875
Sr. Unsec’d. Notes, 144A 6.625 02/17/37   290 326,159
Sr. Unsec’d. Notes, EMTN 3.750 06/14/28 EUR 100 108,550
Sr. Unsec’d. Notes, EMTN 4.625 04/15/43   200 184,125
Sr. Unsec’d. Notes, EMTN 5.125 01/15/45   200 196,375
Sr. Unsec’d. Notes, EMTN 5.250 01/17/42   400 399,000
Sr. Unsec’d. Notes, EMTN 6.750 01/15/44   100 117,375
Perusahaan Penerbit SBSN Indonesia III,          
Sr. Unsec’d. Notes 4.700 06/06/32   600 586,687
Sr. Unsec’d. Notes, 144A 4.700 06/06/32   205 200,452
          5,835,749
Ivory Coast 1.5%
Ivory Coast Government International Bond,          
Sr. Unsec’d. Notes 4.875 01/30/32 EUR 105 96,208
Sr. Unsec’d. Notes 5.250 03/22/30 EUR 1,360 1,355,951
Sr. Unsec’d. Notes 5.750 12/31/32   76 70,993
Sr. Unsec’d. Notes 5.875 10/17/31 EUR 1,150 1,134,130
Sr. Unsec’d. Notes 6.375 03/03/28   200 195,875
15

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Ivory Coast (cont’d.)
Ivory Coast Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes 6.875 % 10/17/40 EUR 250  $226,934
Sr. Unsec’d. Notes, 144A 7.625 01/30/33   315 305,983
Sr. Unsec’d. Notes, 144A 8.250 01/30/37   400 387,000
          3,773,074
Jamaica 0.6%
Jamaica Government International Bond,          
Sr. Unsec’d. Notes 6.750 04/28/28   500 518,438
Sr. Unsec’d. Notes 7.875 07/28/45   400 473,252
Sr. Unsec’d. Notes 8.000 03/15/39   320 380,000
          1,371,690
Jordan 0.7%
Jordan Government International Bond,          
Sr. Unsec’d. Notes 5.750 01/31/27   200 192,000
Sr. Unsec’d. Notes 6.125 01/29/26   200 196,250
Sr. Unsec’d. Notes 7.375 10/10/47   400 348,200
Sr. Unsec’d. Notes 7.750 01/15/28   550 552,922
Sr. Unsec’d. Notes, 144A 7.500 01/13/29   205 203,155
Sr. Unsec’d. Notes, 144A 7.750 01/15/28   220 221,169
          1,713,696
Kazakhstan 0.1%
Kazakhstan Government International Bond,
Sr. Unsec’d. Notes, EMTN
6.500 07/21/45   200 229,750
Kenya 0.3%
Republic of Kenya Government International Bond,          
Sr. Unsec’d. Notes 7.000 05/22/27   400 379,125
Sr. Unsec’d. Notes, 144A 9.750 02/16/31   265 251,419
          630,544
Lebanon 0.1%
Lebanon Government International Bond,          
Sr. Unsec’d. Notes 6.000 01/27/23(d)   191 12,415
Sr. Unsec’d. Notes 6.650 04/22/24(d)   172 11,180
Sr. Unsec’d. Notes 6.750 11/29/27(d)   170 11,050
Sr. Unsec’d. Notes 6.850 03/23/27(d)   30 1,950
16

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Lebanon (cont’d.)
Lebanon Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes 7.000 % 04/22/31(d)   115  $7,475
Sr. Unsec’d. Notes, EMTN 6.100 10/04/22(d)   75 4,875
Sr. Unsec’d. Notes, EMTN 6.850 05/25/29(d)   335 21,775
Sr. Unsec’d. Notes, GMTN 6.250 05/27/22(d)   245 15,925
Sr. Unsec’d. Notes, GMTN 6.250 11/04/24(d)   320 20,800
Sr. Unsec’d. Notes, GMTN 6.375 03/09/20(d)   220 14,300
Sr. Unsec’d. Notes, GMTN 6.400 05/26/23(d)   250 17,250
Sr. Unsec’d. Notes, GMTN 6.650 02/26/30(d)   715 46,475
Sr. Unsec’d. Notes, GMTN 7.150 11/20/31(d)   415 29,050
          214,520
Mexico 2.2%
Mexico Government International Bond,          
Sr. Unsec’d. Notes 2.659 05/24/31   465 391,181
Sr. Unsec’d. Notes 3.250 04/16/30   270 242,578
Sr. Unsec’d. Notes 3.500 02/12/34   270 224,640
Sr. Unsec’d. Notes 3.750 01/11/28   320 307,300
Sr. Unsec’d. Notes 4.600 02/10/48   300 234,656
Sr. Unsec’d. Notes 4.875 05/19/33   550 517,688
Sr. Unsec’d. Notes 5.400 02/09/28   350 353,172
Sr. Unsec’d. Notes 6.000 05/07/36   605 602,882
Sr. Unsec’d. Notes 6.338 05/04/53   290 278,255
Sr. Unsec’d. Notes 6.350 02/09/35   250 257,125
Sr. Unsec’d. Notes 6.400 05/07/54   400 387,400
Sr. Unsec’d. Notes, GMTN 5.750 10/12/2110   358 300,362
Sr. Unsec’d. Notes, MTN 4.750 03/08/44   140 114,870
Sr. Unsec’d. Notes, MTN 6.050 01/11/40   930 917,445
Sr. Unsec’d. Notes, Series A, MTN 6.750 09/27/34   203 215,688
Sr. Unsec’d. Notes, Series A, MTN 7.500 04/08/33   130 146,770
          5,492,012
Mongolia 0.2%
Mongolia Government International Bond,          
Sr. Unsec’d. Notes 4.450 07/07/31   200 172,500
Sr. Unsec’d. Notes 8.650 01/19/28   200 209,688
Sr. Unsec’d. Notes, 144A 7.875 06/05/29   200 206,772
          588,960
17

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Montenegro 0.1%
Montenegro Government International Bond,
Sr. Unsec’d. Notes, 144A
7.250 % 03/12/31   200  $203,500
Morocco 0.7%
Morocco Government International Bond,          
Sr. Unsec’d. Notes 2.375 12/15/27   200 181,000
Sr. Unsec’d. Notes 4.000 12/15/50   400 279,000
Sr. Unsec’d. Notes 6.500 09/08/33   400 416,750
Sr. Unsec’d. Notes, 144A 5.950 03/08/28   330 334,620
Sr. Unsec’d. Notes, 144A 6.500 09/08/33   595 619,916
          1,831,286
Mozambique 0.1%
Mozambique International Bond,
Unsec’d. Notes
9.000 09/15/31   400 339,625
Nigeria 1.3%
Nigeria Government International Bond,          
Sr. Unsec’d. Notes 7.143 02/23/30   200 175,062
Sr. Unsec’d. Notes 7.696 02/23/38   200 155,625
Sr. Unsec’d. Notes 7.875 02/16/32   400 347,000
Sr. Unsec’d. Notes 8.747 01/21/31   400 372,000
Sr. Unsec’d. Notes 9.248 01/21/49   200 173,750
Sr. Unsec’d. Notes, 144A 7.696 02/23/38   200 155,625
Sr. Unsec’d. Notes, 144A, MTN 7.375 09/28/33   200 163,438
Sr. Unsec’d. Notes, EMTN 6.500 11/28/27   700 644,219
Sr. Unsec’d. Notes, EMTN 8.250 09/28/51   250 192,187
Sr. Unsec’d. Notes, EMTN 8.375 03/24/29   800 751,750
          3,130,656
Oman 2.8%
Oman Government International Bond,          
Sr. Unsec’d. Notes 4.750 06/15/26   410 404,619
Sr. Unsec’d. Notes 5.375 03/08/27   930 929,709
Sr. Unsec’d. Notes 5.625 01/17/28   1,480 1,490,638
Sr. Unsec’d. Notes 6.500 03/08/47   1,025 1,040,695
Sr. Unsec’d. Notes 6.750 10/28/27   800 831,250
Sr. Unsec’d. Notes 7.000 01/25/51   600 644,250
18

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Oman (cont’d.)
Oman Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes, 144A 6.750 % 01/17/48   200  $208,000
Sr. Unsec’d. Notes, EMTN 6.000 08/01/29   1,200 1,233,750
          6,782,911
Pakistan 1.2%
Pakistan Government International Bond,          
Sr. Unsec’d. Notes 6.875 12/05/27   1,200 1,029,000
Sr. Unsec’d. Notes 8.250 09/30/25(a)   500 482,555
Sr. Unsec’d. Notes, 144A, MTN 7.375 04/08/31   200 158,938
Sr. Unsec’d. Notes, EMTN 6.000 04/08/26   810 733,301
Sr. Unsec’d. Notes, EMTN 7.375 04/08/31   650 516,549
          2,920,343
Panama 2.5%
Panama Government International Bond,          
Sr. Unsec’d. Notes 3.160 01/23/30   1,180 1,015,543
Sr. Unsec’d. Notes 3.298 01/19/33   200 159,750
Sr. Unsec’d. Notes 4.300 04/29/53   200 133,000
Sr. Unsec’d. Notes 4.500 04/16/50   850 587,562
Sr. Unsec’d. Notes 4.500 04/01/56   1,092 730,614
Sr. Unsec’d. Notes 6.700 01/26/36   695 694,785
Sr. Unsec’d. Notes 6.853 03/28/54   215 203,712
Sr. Unsec’d. Notes 7.500 03/01/31   1,830 1,935,225
Sr. Unsec’d. Notes 7.875 03/01/57   200 213,090
Sr. Unsec’d. Notes 8.000 03/01/38   200 216,188
Sr. Unsec’d. Notes 9.375 04/01/29   165 186,450
          6,075,919
Papua New Guinea 0.2%
Papua New Guinea Government International Bond,          
Sr. Unsec’d. Notes 8.375 10/04/28   220 214,018
Sr. Unsec’d. Notes, 144A 8.375 10/04/28   200 194,562
          408,580
Paraguay 0.6%
Paraguay Government International Bond,          
Sr. Unsec’d. Notes 4.700 03/27/27   200 197,000
Sr. Unsec’d. Notes 4.950 04/28/31   200 195,188
19

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Paraguay (cont’d.)
Paraguay Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes 6.100 % 08/11/44   700  $689,062
Sr. Unsec’d. Notes, 144A 5.400 03/30/50   200 178,300
Sr. Unsec’d. Notes, 144A 6.000 02/09/36   200 205,062
          1,464,612
Peru 1.6%
Peruvian Government International Bond,          
Sr. Unsec’d. Notes 2.780 12/01/60   490 280,770
Sr. Unsec’d. Notes 2.783 01/23/31   1,050 912,516
Sr. Unsec’d. Notes 3.000 01/15/34   1,055 875,320
Sr. Unsec’d. Notes 3.230 07/28/2121   110 63,353
Sr. Unsec’d. Notes 3.600 01/15/72   515 338,130
Sr. Unsec’d. Notes 5.625 11/18/50   502 497,231
Sr. Unsec’d. Notes 6.550 03/14/37   225 245,953
Sr. Unsec’d. Notes 8.750 11/21/33   670 824,937
          4,038,210
Philippines 1.6%
Philippine Government International Bond,          
Sr. Unsec’d. Notes 1.750 04/28/41 EUR 265 207,300
Sr. Unsec’d. Notes 2.650 12/10/45   200 133,022
Sr. Unsec’d. Notes 3.200 07/06/46   200 143,937
Sr. Unsec’d. Notes 3.556 09/29/32   300 271,875
Sr. Unsec’d. Notes 3.700 03/01/41   600 495,375
Sr. Unsec’d. Notes 3.950 01/20/40   450 388,969
Sr. Unsec’d. Notes 4.200 03/29/47   700 589,827
Sr. Unsec’d. Notes 5.000 07/17/33   770 770,481
Sr. Unsec’d. Notes 5.609 04/13/33   200 208,500
Sr. Unsec’d. Notes 6.375 10/23/34   200 221,772
Sr. Unsec’d. Notes 7.750 01/14/31   420 484,444
          3,915,502
Poland 0.6%
Republic of Poland Government International Bond,          
Sr. Unsec’d. Notes 5.500 04/04/53   785 773,476
Sr. Unsec’d. Notes 5.500 03/18/54   580 569,607
Sr. Unsec’d. Notes 5.750 11/16/32   230 241,983
          1,585,066
20

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Qatar 2.1%
Qatar Government International Bond,          
Sr. Unsec’d. Notes 3.750 % 04/16/30   1,000  $962,500
Sr. Unsec’d. Notes 4.625 06/02/46   330 306,694
Sr. Unsec’d. Notes 4.817 03/14/49   220 208,656
Sr. Unsec’d. Notes 5.103 04/23/48   2,210 2,181,684
Sr. Unsec’d. Notes 6.400 01/20/40   100 113,625
Sr. Unsec’d. Notes, 144A 4.817 03/14/49   1,340 1,270,906
Sr. Unsec’d. Notes, 144A 5.103 04/23/48   200 197,438
          5,241,503
Romania 2.8%
Romanian Government International Bond,          
Sr. Unsec’d. Notes 5.125 06/15/48   180 152,044
Sr. Unsec’d. Notes, 144A 6.375 01/30/34   520 528,450
Sr. Unsec’d. Notes, 144A 6.625 02/17/28   1,080 1,112,940
Sr. Unsec’d. Notes, 144A 7.125 01/17/33   478 511,759
Sr. Unsec’d. Notes, 144A 7.625 01/17/53   426 471,129
Sr. Unsec’d. Notes, 144A, MTN 6.000 05/25/34   1,022 1,018,168
Sr. Unsec’d. Notes, EMTN 2.000 04/14/33 EUR 260 215,639
Sr. Unsec’d. Notes, EMTN 2.125 03/07/28 EUR 960 970,451
Sr. Unsec’d. Notes, EMTN 3.875 10/29/35 EUR 440 409,228
Sr. Unsec’d. Notes, EMTN 4.125 03/11/39 EUR 410 372,727
Sr. Unsec’d. Notes, EMTN 5.000 09/27/26 EUR 290 321,796
Sr. Unsec’d. Notes, EMTN 6.000 05/25/34   80 79,700
Sr. Unsec’d. Notes, EMTN 6.625 09/27/29 EUR 570 668,546
          6,832,577
Saudi Arabia 2.5%
Saudi Government International Bond,          
Sr. Unsec’d. Notes, 144A, MTN 5.000 01/16/34   385 383,075
Sr. Unsec’d. Notes, 144A, MTN 5.000 01/18/53   600 533,625
Sr. Unsec’d. Notes, 144A, MTN 5.250 01/16/50   400 374,750
Sr. Unsec’d. Notes, 144A, MTN 5.750 01/16/54   365 357,244
Sr. Unsec’d. Notes, EMTN 4.500 10/26/46   2,500 2,116,406
Sr. Unsec’d. Notes, EMTN 4.625 10/04/47   1,470 1,260,984
Sr. Unsec’d. Notes, EMTN 5.000 04/17/49   800 724,500
Sr. Unsec’d. Notes, EMTN 5.250 01/16/50   480 449,700
          6,200,284
21

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Senegal 0.6%
Senegal Government International Bond,          
Sr. Unsec’d. Notes 4.750 % 03/13/28 EUR 820  $826,433
Sr. Unsec’d. Notes 5.375 06/08/37 EUR 685 535,619
Sr. Unsec’d. Notes, 144A 5.375 06/08/37 EUR 100 78,193
          1,440,245
Serbia 1.7%
Serbia International Bond,          
Sr. Unsec’d. Notes 1.500 06/26/29 EUR 1,235 1,147,369
Sr. Unsec’d. Notes, 144A 1.650 03/03/33 EUR 1,045 864,471
Sr. Unsec’d. Notes, 144A 2.125 12/01/30   230 187,234
Sr. Unsec’d. Notes, 144A 6.000 06/12/34   380 378,815
Sr. Unsec’d. Notes, 144A 6.250 05/26/28   600 613,125
Sr. Unsec’d. Notes, 144A 6.500 09/26/33   830 857,234
Sr. Unsec’d. Notes, EMTN 1.000 09/23/28 EUR 230 214,147
          4,262,395
South Africa 1.6%
Republic of South Africa Government International
Bond,
         
Sr. Unsec’d. Notes 4.850 09/30/29   1,400 1,303,750
Sr. Unsec’d. Notes 5.750 09/30/49   1,550 1,191,562
Sr. Unsec’d. Notes 5.875 06/22/30   340 328,525
Sr. Unsec’d. Notes 5.875 04/20/32   400 377,500
Sr. Unsec’d. Notes 7.300 04/20/52   880 810,700
          4,012,037
Sri Lanka 0.9%
Sri Lanka Government International Bond,          
Sr. Unsec’d. Notes 5.750 04/18/23(d)   400 219,044
Sr. Unsec’d. Notes 6.200 05/11/27(d)   600 333,750
Sr. Unsec’d. Notes 6.350 06/28/24(d)   630 350,255
Sr. Unsec’d. Notes 6.750 04/18/28(d)   240 136,125
Sr. Unsec’d. Notes 6.825 07/18/26(d)   730 409,260
Sr. Unsec’d. Notes 6.850 11/03/25(d)   350 198,625
Sr. Unsec’d. Notes 7.550 03/28/30(d)   440 246,127
Sr. Unsec’d. Notes 7.850 03/14/29(d)   250 141,095
Sr. Unsec’d. Notes, 144A 6.850 03/14/24(d)   205 113,029
          2,147,310
22

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Turkey 4.4%
Turkiye Government International Bond,          
Sr. Unsec’d. Notes 4.250 % 04/14/26   200  $194,375
Sr. Unsec’d. Notes 4.750 01/26/26   250 245,125
Sr. Unsec’d. Notes 4.875 10/09/26   620 604,562
Sr. Unsec’d. Notes 5.250 03/13/30   810 754,819
Sr. Unsec’d. Notes 5.750 05/11/47   600 466,128
Sr. Unsec’d. Notes 5.950 01/15/31   600 566,812
Sr. Unsec’d. Notes 6.000 03/25/27   440 438,350
Sr. Unsec’d. Notes 6.000 01/14/41   200 169,438
Sr. Unsec’d. Notes 6.125 10/24/28   920 909,937
Sr. Unsec’d. Notes 6.875 03/17/36   699 673,661
Sr. Unsec’d. Notes 7.125 07/17/32   350 349,857
Sr. Unsec’d. Notes 7.625 05/15/34   360 368,964
Sr. Unsec’d. Notes 9.125 07/13/30   1,245 1,378,725
Sr. Unsec’d. Notes 9.375 03/14/29   1,831 2,019,250
Sr. Unsec’d. Notes 9.375 01/19/33   800 909,000
Sr. Unsec’d. Notes 9.875 01/15/28   629 696,814
          10,745,817
Ukraine 0.9%
Ukraine Government International Bond,          
Sr. Unsec’d. Notes 4.375 01/27/32(d) EUR 760 231,537
Sr. Unsec’d. Notes 6.750 06/20/28(d) EUR 580 187,370
Sr. Unsec’d. Notes 7.253 03/15/35(d)   250 76,500
Sr. Unsec’d. Notes 7.375 09/25/34(d)   200 61,400
Sr. Unsec’d. Notes 7.750 09/01/25(d)   300 109,050
Sr. Unsec’d. Notes 7.750 09/01/26(d)   720 244,800
Sr. Unsec’d. Notes 7.750 09/01/27(d)   880 289,080
Sr. Unsec’d. Notes 7.750 09/01/28(d)   520 163,020
Sr. Unsec’d. Notes 7.750 09/01/29(d)   520 163,020
Sr. Unsec’d. Notes 8.994 02/01/26(d)   200 72,500
Sr. Unsec’d. Notes 9.750 11/01/30(d)   1,665 547,785
Sr. Unsec’d. Notes, 144A 4.375 01/27/32(d) EUR 100 30,465
     
 
Ukreximbank Via Biz Finance PLC,
Sr. Unsec’d. Notes
9.750 01/22/25   13 11,750
          2,188,277
United Arab Emirates 1.3%
Abu Dhabi Government International Bond,          
Sr. Unsec’d. Notes 3.125 09/30/49   800 563,000
Sr. Unsec’d. Notes, 144A 3.125 09/30/49   500 351,875
23

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
United Arab Emirates (cont’d.)
Abu Dhabi Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes, 144A, MTN 3.875 % 04/16/50   200  $160,500
Sr. Unsec’d. Notes, EMTN 3.875 04/16/50   400 321,000
     
 
Emirate of Dubai Government International Bonds,
Sr. Unsec’d. Notes, EMTN
5.250 01/30/43(a)   990 947,925
Finance Department Government of Sharjah,          
Sr. Unsec’d. Notes 6.500 11/23/32   200 209,813
Sr. Unsec’d. Notes, 144A 6.500 11/23/32   355 372,417
Sr. Unsec’d. Notes, 144A, MTN 4.000 07/28/50   400 264,000
Sr. Unsec’d. Notes, MTN 4.000 07/28/50   200 132,000
          3,322,530
Uruguay 1.4%
Uruguay Government International Bond,          
Sr. Unsec’d. Notes 4.125 11/20/45   120 106,320
Sr. Unsec’d. Notes 4.975 04/20/55   800 747,752
Sr. Unsec’d. Notes 5.100 06/18/50   1,104 1,066,050
Sr. Unsec’d. Notes 7.625 03/21/36   870 1,046,175
Sr. Unsec’d. Notes, Cash coupon 7.875% 7.875 01/15/33   435 520,042
          3,486,339
Venezuela 0.3%
Venezuela Government International Bond,          
Sr. Unsec’d. Notes 8.250 10/13/24(d)   260 39,650
Sr. Unsec’d. Notes 9.000 05/07/23(d)   545 85,020
Sr. Unsec’d. Notes 9.250 09/15/27(d)   1,670 299,765
Sr. Unsec’d. Notes 9.375 01/13/34(d)   235 45,238
Sr. Unsec’d. Notes 11.750 10/21/26(d)   445 80,100
Sr. Unsec’d. Notes 11.950 08/05/31(d)   555 98,790
Sr. Unsec’d. Notes 12.750 08/23/22(d)   840 148,260
          796,823
24

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Zambia 0.7%
Zambia Government International Bond,          
Unsec’d. Notes, 144A 0.500 % 12/31/53   1,106  $559,658
Unsec’d. Notes, 144A 5.750(cc) 06/30/33   1,393 1,218,708
          1,778,366
     
 
Total Sovereign Bonds
(cost $183,529,873)
176,877,224
U.S. Treasury Obligations 2.0%
U.S. Treasury Notes 1.500 09/30/24   1,940 1,927,572
U.S. Treasury Notes 4.250 09/30/24   3,050 3,043,685
     
 
Total U.S. Treasury Obligations
(cost $4,972,864)
4,971,257
    
      Shares  
Common Stock 0.0%
Jamaica 
Digicel International Finance Ltd.
(original cost $1,536; purchased 01/30/24 - 02/08/24)*^(f)
(cost $1,536)
      853 2,124
     
 
 
Total Long-Term Investments
(cost $245,300,653)
236,086,162
 
Short-Term Investments 2.9%
Affiliated Mutual Funds 1.9%
PGIM Core Government Money Market Fund (7-day effective yield 5.561%)(wb)     3,639,873 3,639,873
PGIM Institutional Money Market Fund (7-day effective yield 5.606%)
(cost $1,175,571; includes $1,166,548 of cash collateral for securities on loan)(b)(wb)
    1,176,435 1,175,729
 
Total Affiliated Mutual Funds
(cost $4,815,444)
4,815,602
    
25

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Foreign Treasury Obligation(n) 1.0%
Egypt 
Egypt Treasury Bills,
Series 364D
(cost $2,530,002)
26.001 % 12/03/24 EGP 130,000  $2,451,019
Options Purchased*~ 0.0%
(cost $30,507) 19,378
     
 
 
Total Short-Term Investments
(cost $7,375,953)
7,285,999
     
 
TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN98.5%
(cost $252,676,606)
243,372,161
Options Written*~ (0.1)%
(premiums received $307,795) (257,971)
 
TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN98.4%
(cost $252,368,811)
243,114,190
Other assets in excess of liabilities(z) 1.6% 3,830,064
 
Net Assets 100.0% $246,944,254

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
BRL—Brazilian Real
CLP—Chilean Peso
CNH—Chinese Renminbi
COP—Colombian Peso
CZK—Czech Koruna
EGP—Egyptian Pound
EUR—Euro
GBP—British Pound
HUF—Hungarian Forint
IDR—Indonesian Rupiah
INR—Indian Rupee
KRW—South Korean Won
MXN—Mexican Peso
MYR—Malaysian Ringgit
PEN—Peruvian Nuevo Sol
PHP—Philippine Peso
PLN—Polish Zloty
SGD—Singapore Dollar
THB—Thai Baht
TRY—Turkish Lira
TWD—New Taiwanese Dollar
USD—US Dollar
26

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
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
BOA—Bank of America, N.A.
BROIS—Brazil Overnight Index Swap
BUBOR—Budapest Interbank Offered Rate
CDX—Credit Derivative Index
CITI—Citibank, N.A.
CLOIS—Sinacofi Chile Interbank Rate Average
COOIS—Colombia Overnight Interbank Reference Rate
DB—Deutsche Bank AG
EMTN—Euro Medium Term Note
GMTN—Global Medium Term Note
GSI—Goldman Sachs International
HSBC—HSBC Bank PLC
JIBAR—Johannesburg Interbank Agreed Rate
JPM—JPMorgan Chase Bank N.A.
KLIBOR—Kuala Lumpur Interbank Offered Rate
KWCDC—Korean Won Certificate of Deposit
M—Monthly payment frequency for swaps
MIBOR—Mumbai Interbank Offered Rate
MSI—Morgan Stanley & Co International PLC
MTN—Medium Term Note
OTC—Over-the-counter
PIK—Payment-in-Kind
PJSC—Public Joint-Stock Company
PRIBOR—Prague Interbank Offered Rate
Q—Quarterly payment frequency for swaps
S—Semiannual payment frequency for swaps
SCB—Standard Chartered Bank
SSB—State Street Bank & Trust Company
T—Swap payment upon termination
TD—The Toronto-Dominion Bank
THOR—Thai Overnight Repurchase Rate
UAG—UBS AG
WIBOR—Warsaw Interbank Offered Rate
    
* 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. Options with maturity dates greater than one year from date of acquisition would be considered long-term investments.
^ Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $2,124 and 0.0% 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 $1,133,714; cash collateral of $1,166,548 (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.
27

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
(cc) Variable rate instrument. The rate shown is based on the latest available information as of July 31, 2024. 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 $137,774. The aggregate value of $154,160 is 0.1% of net assets.
(n) Rate shown reflects yield to maturity at purchased 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.
(wb) Represents an investment in a Fund affiliated with the Manager. 
(z) Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments:
Options Purchased:
OTC Traded
Description   Call/
Put
  Counterparty   Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
Currency Option EUR vs HUF   Call   CITI   08/07/24     430.00     EUR   589  $1
Currency Option EUR vs PLN   Call   GSI   08/07/24     4.60     EUR   589 1
Currency Option EUR vs PLN   Call   DB   08/15/24     4.60     EUR   613 11
Currency Option USD vs CLP   Call   MSI   08/20/24     1,100.00         307 8
Currency Option USD vs CLP   Call   HSBC   08/21/24     1,150.00         306 2
Currency Option USD vs CLP   Call   DB   08/22/24     1,160.00         306 2
Currency Option USD vs CNH   Call   DB   12/20/24     7.25         1,204 8,507
Currency Option USD vs CNH   Call   MSI   12/20/24     7.25         1,176 8,309
Currency Option USD vs COP   Call   BARC   08/15/24     4,700.00         614 24
Currency Option USD vs COP   Call   HSBC   08/28/24     4,800.00         610 77
Currency Option USD vs MXN   Call   CITI   08/20/24     20.50         307 245
Currency Option USD vs MXN   Call   MSI   08/22/24     21.00         306 150
Currency Option USD vs MXN   Call   GSI   08/29/24     24.00         600 32
Currency Option USD vs TRY   Call   JPM   08/30/24     45.00         919 167
28

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Options Purchased (continued):
OTC Traded
Description   Call/
Put
  Counterparty   Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
Currency Option USD vs TRY   Call   BOA   02/21/25     85.00         293  $872
Currency Option USD vs ZAR   Call   MSI   08/21/24     21.50         306 5
Currency Option USD vs ZAR   Call   JPM   08/22/24     21.00         306 13
Currency Option USD vs CNH   Put   MSI   09/26/24     6.70         3,666 593
Currency Option USD vs CNH   Put   MSI   12/20/24     6.00         1,176 57
Currency Option USD vs CNH   Put   DB   12/20/24     6.40         1,204 286
Currency Option USD vs COP   Put   HSBC   08/13/24     3,550.00         305
Currency Option USD vs COP   Put   MSI   08/22/24     3,400.00         1,222 1
Currency Option USD vs COP   Put   HSBC   08/28/24     3,600.00         610 12
Currency Option USD vs MXN   Put   CITI   08/14/24     16.10         614
Currency Option USD vs MXN   Put   DB   08/22/24     16.00         611 1
Currency Option USD vs ZAR   Put   MSI   08/01/24     16.00         581
Currency Option USD vs ZAR   Put   JPM   08/07/24     16.00         608
Currency Option USD vs ZAR   Put   CITI   08/22/24     15.75         1,509 2
Total Options Purchased (cost $30,507)     $19,378
Options Written:
OTC Traded
Description   Call/
Put
  Counterparty   Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
Currency Option EUR vs PLN   Call   GSI   08/07/24     4.31   EUR 589    $(798)
Currency Option EUR vs PLN   Call   DB   08/15/24     4.31   EUR 613   (1,729)
Currency Option USD vs CLP   Call   MSI   08/20/24     950.00     307   (2,711)
29

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Options Written (continued):
OTC Traded
Description   Call/
Put
  Counterparty   Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
Currency Option USD vs CLP   Call   HSBC   08/21/24     960.00     306    $(1,844)
Currency Option USD vs CLP   Call   DB   08/22/24     960.00     306   (1,914)
Currency Option USD vs COP   Call   BARC   08/15/24     4,100.00     614   (4,420)
Currency Option USD vs COP   Call   HSBC   08/28/24     4,150.00     610   (4,728)
Currency Option USD vs MXN   Call   CITI   08/20/24     18.25     307   (7,676)
Currency Option USD vs MXN   Call   MSI   08/22/24     18.60     306   (4,675)
Currency Option USD vs MXN   Call   GSI   08/29/24     17.65     600   (32,545)
Currency Option USD vs TRY   Call   JPM   08/30/24     34.65     919   (9,416)
Currency Option USD vs TRY   Call   BOA   02/21/25     42.00     293   (15,776)
Currency Option USD vs ZAR   Call   MSI   08/21/24     18.70     306   (1,334)
Currency Option USD vs ZAR   Call   JPM   08/22/24     18.50     306   (2,208)
Currency Option USD vs CNH   Put   MSI   09/26/24     7.22     3,666   (31,393)
Currency Option USD vs CNH   Put   MSI   12/20/24     6.90     1,176   (3,439)
Currency Option USD vs CNH   Put   DB   12/20/24     7.10     1,204   (11,290)
Currency Option USD vs COP   Put   HSBC   08/13/24     3,950.00     305   (520)
Currency Option USD vs COP   Put   MSI   08/22/24     4,100.00     1,222   (23,735)
Currency Option USD vs COP   Put   HSBC   08/28/24     4,000.00     610   (4,848)
Currency Option USD vs MXN   Put   CITI   08/14/24     18.10     614   (1,488)
Currency Option USD vs ZAR   Put   MSI   08/01/24     19.35     581   (35,889)
30

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Options Written (continued):
OTC Traded
Description   Call/
Put
  Counterparty   Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
Currency Option USD vs ZAR   Put   JPM   08/07/24     18.60     608    $(13,187)
Currency Option USD vs ZAR   Put   CITI   08/22/24     18.65     1,509   (40,408)
Total Options Written (premiums received $307,795)     $(257,971)
Futures contracts outstanding at July 31, 2024:
Number
of
Contracts
  Type   Expiration
Date
  Current
Notional
Amount
  Value /
Unrealized
Appreciation
(Depreciation)
Long Positions:
62   2 Year U.S. Treasury Notes   Sep. 2024    $12,732,766    $102,134
49   10 Year U.S. Treasury Notes   Sep. 2024   5,478,813   110,225
45   10 Year U.S. Ultra Treasury Notes   Sep. 2024   5,201,016   103,877
3   20 Year U.S. Treasury Bonds   Sep. 2024   362,344   4,995
10   30 Year U.S. Ultra Treasury Bonds   Sep. 2024   1,279,688   7,350
                328,581
Short Positions:
38   5 Year Euro-Bobl   Sep. 2024   4,832,658   (95,652)
27   5 Year U.S. Treasury Notes   Sep. 2024   2,913,047   (33,338)
37   10 Year Euro-Bund   Sep. 2024   5,354,984   (146,188)
15   Euro Schatz Index   Sep. 2024   1,721,995   (14,216)
                (289,394)
                $39,187
Forward foreign currency exchange contracts outstanding at July 31, 2024:
Purchase
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts:
Brazilian Real,
Expiring 08/02/24   BOA   BRL 19,704    $3,557,273    $3,482,857    $   $(74,416)
Expiring 09/04/24   BARC   BRL 12,863   2,271,545   2,265,970     (5,575)
Chilean Peso,
Expiring 09/23/24   BARC   CLP 601,794   644,000   638,688     (5,312)
Chinese Renminbi,
Expiring 09/19/24   BOA   CNH 8,670   1,194,000   1,204,969   10,969  
Expiring 09/19/24   HSBC   CNH 8,249   1,136,000   1,146,478   10,478  
31

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Purchase
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Chinese Renminbi (cont’d.),
Expiring 09/19/24   JPM   CNH 7,971    $1,107,000    $1,107,802    $802    $
Expiring 09/19/24   MSI   CNH 14,271   1,980,000   1,983,457   3,457  
Expiring 09/19/24   MSI   CNH 8,349   1,156,000   1,160,396   4,396  
Colombian Peso,
Expiring 09/18/24   CITI   COP 4,954,099   1,238,339   1,214,413     (23,926)
Expiring 09/18/24   CITI   COP 446,966   106,700   109,566   2,866  
Expiring 09/18/24   CITI   COP 443,659   106,700   108,755   2,055  
Expiring 09/18/24   DB   COP 724,760   174,600   177,663   3,063  
Euro,
Expiring 08/06/24   CITI   EUR 1,865   2,018,857   2,018,949   92  
Hungarian Forint,
Expiring 10/21/24   BOA   HUF 94,475   260,955   258,869     (2,086)
Indian Rupee,
Expiring 09/18/24   DB   INR 121,161   1,444,996   1,444,932     (64)
Expiring 09/18/24   JPM   INR 90,306   1,077,000   1,076,972     (28)
Expiring 09/18/24   MSI   INR 121,161   1,446,592   1,444,932     (1,660)
Indonesian Rupiah,
Expiring 09/18/24   JPM   IDR 42,532,943   2,603,617   2,614,870   11,253  
Mexican Peso,
Expiring 09/18/24   CITI   MXN 16,103   838,784   857,748   18,964  
Expiring 09/18/24   MSI   MXN 11,187   595,070   595,886   816  
Expiring 09/18/24   MSI   MXN 9,952   537,776   530,104     (7,672)
New Taiwanese Dollar,
Expiring 09/18/24   HSBC   TWD 35,513   1,095,000   1,091,131     (3,869)
Peruvian Nuevo Sol,
Expiring 09/18/24   CITI   PEN 1,938   522,814   518,386     (4,428)
Expiring 09/18/24   DB   PEN 1,291   346,186   345,348     (838)
Philippine Peso,
Expiring 09/18/24   CITI   PHP 43,480   741,153   744,437   3,284  
Expiring 09/18/24   SCB   PHP 57,246   975,000   980,111   5,111  
South African Rand,
Expiring 09/18/24   GSI   ZAR 50,728   2,692,896   2,774,669   81,773  
Thai Baht,
Expiring 09/18/24   HSBC   THB 21,963   613,000   618,597   5,597  
Turkish Lira,
Expiring 08/05/24   CITI   TRY 19,908   590,000   598,026   8,026  
Expiring 08/05/24   MSI   TRY 10,148   300,000   304,829   4,829  
Expiring 08/14/24   UAG   TRY 35,741   1,050,579   1,062,264   11,685  
Expiring 08/21/24   BOA   TRY 52,860   1,539,082   1,557,731   18,649  
Expiring 08/28/24   BARC   TRY 44,957   1,312,200   1,313,699   1,499  
              $37,273,714   $37,353,504   209,664   (129,874)
    
32

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts:
Brazilian Real,
Expiring 08/02/24   BARC   BRL 12,863    $2,279,102    $2,273,623    $5,479    $
Expiring 08/02/24   CITI   BRL 3,327   613,000   588,138   24,862  
Expiring 08/02/24   SCB   BRL 3,514   649,000   621,095   27,905  
British Pound,
Expiring 10/21/24   TD   GBP 102   132,789   131,598   1,191  
Chilean Peso,
Expiring 09/23/24   CITI   CLP 370,986   405,675   393,730   11,945  
Expiring 09/23/24   CITI   CLP 362,363   381,459   384,579     (3,120)
Expiring 09/23/24   MSI   CLP 235,783   253,680   250,238   3,442  
Expiring 09/23/24   MSI   CLP 141,132   150,000   149,784   216  
Expiring 09/23/24   MSI   CLP 92,993   98,460   98,694     (234)
Chinese Renminbi,
Expiring 09/19/24   HSBC   CNH 2,223   306,000   308,993     (2,993)
Expiring 09/19/24   MSI   CNH 78,234   10,853,312   10,873,470     (20,158)
Colombian Peso,
Expiring 09/18/24   CITI   COP 1,084,881   259,541   265,940     (6,399)
Czech Koruna,
Expiring 10/21/24   MSI   CZK 83,866   3,611,781   3,580,258   31,523  
Euro,
Expiring 08/06/24   CITI   EUR 2,798   3,029,284   3,028,423   861  
Expiring 10/21/24   GSI   EUR 3,363   3,683,422   3,653,868   29,554  
Expiring 10/21/24   HSBC   EUR 3,363   3,681,155   3,653,868   27,287  
Expiring 10/21/24   JPM   EUR 219   238,319   237,955   364  
Expiring 10/21/24   JPM   EUR 179   193,681   193,947     (266)
Expiring 10/21/24   SSB   EUR 5,025   5,415,880   5,460,094     (44,214)
Expiring 10/21/24   SSB   EUR 3,773   4,124,469   4,098,846   25,623  
Indian Rupee,
Expiring 09/18/24   JPM   INR 91,637   1,095,000   1,092,836   2,164  
Indonesian Rupiah,
Expiring 09/18/24   HSBC   IDR 8,793,428   532,000   540,608     (8,608)
New Taiwanese Dollar,
Expiring 09/18/24   CITI   TWD 43,382   1,334,000   1,332,893   1,107  
Expiring 09/18/24   CITI   TWD 43,078   1,314,000   1,323,568     (9,568)
Expiring 09/18/24   CITI   TWD 33,032   1,024,000   1,014,907   9,093  
Expiring 09/18/24   GSI   TWD 17,852   556,758   548,513   8,245  
Expiring 09/18/24   HSBC   TWD 33,283   1,033,000   1,022,599   10,401  
Expiring 09/18/24   JPM   TWD 41,573   1,292,000   1,277,336   14,664  
Peruvian Nuevo Sol,
Expiring 09/18/24   BOA   PEN 1,446   383,676   386,694     (3,018)
Expiring 09/18/24   CITI   PEN 4,980   1,317,000   1,332,070     (15,070)
Expiring 09/18/24   CITI   PEN 1,446   383,880   386,694     (2,814)
33

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at July 31, 2024 (continued):
Sale
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Philippine Peso,
Expiring 09/18/24   BOA   PHP 59,310    $1,014,000    $1,015,464    $   $(1,464)
Polish Zloty,
Expiring 10/21/24   CITI   PLN 1,392   353,256   350,859   2,397  
Singapore Dollar,
Expiring 09/18/24   BOA   SGD 1,491   1,109,000   1,118,121     (9,121)
Expiring 09/18/24   SCB   SGD 1,513   1,128,000   1,135,014     (7,014)
Expiring 09/18/24   SSB   SGD 3,041   2,257,242   2,280,546     (23,304)
South African Rand,
Expiring 09/18/24   BARC   ZAR 11,172   602,000   611,054     (9,054)
Expiring 09/18/24   JPM   ZAR 10,615   584,000   580,604   3,396  
South Korean Won,
Expiring 09/19/24   HSBC   KRW 4,001,768   2,919,933   2,926,942     (7,009)
Expiring 09/20/24   BOA   KRW 829,207   602,000   606,526     (4,526)
Thai Baht,
Expiring 09/18/24   JPM   THB 167,259   4,577,423   4,710,819     (133,396)
              $65,772,177   $65,841,808   241,719   (311,350)
                      $451,383   $(441,224)
Cross currency exchange contract outstanding at July 31, 2024:
Settlement   Type   Notional
Amount
(000)
  In Exchange
For (000)
  Unrealized
Appreciation
  Unrealized
Depreciation
  Counterparty
OTC Cross Currency Exchange Contracts:
09/18/24   Buy   MXN 10,760   EUR 536   $—   $(7,820)   HSBC
Credit default swap agreements outstanding at July 31, 2024:
Reference
Entity/
Obligation
Termination
Date
  Fixed
Rate
  Notional
Amount
(000)#(3)
  Value at
Trade Date
  Value at
July 31,
2024
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swap Agreement on credit indices - Buy Protection(1):
CDX.EM.41.V1 06/20/29   1.000%(Q)     6,400   $173,680   $181,218   $7,538
    
34

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Credit default swap agreements outstanding at July 31, 2024 (continued):
Reference
Entity/
Obligation
Termination
Date
  Fixed
Rate
  Notional
Amount
(000)#(3)
  Implied Credit
Spread at
July 31,
2024(4)
  Value at
Trade Date
  Value at
July 31,
2024
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):
CDX.EM.36.V1 12/20/26   1.000%(Q)     11,040   1.164%   $(51,960)   $(27,806)   $24,154
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.
35

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Interest rate swap agreements outstanding at July 31, 2024:
Notional
Amount
(000)#
  Termination
Date
  Fixed
Rate
  Floating
Rate
  Value at
Trade Date
  Value at
July 31,
2024
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Interest Rate Swap Agreements:
BRL 2,676   01/04/27   10.000%(T)   1 Day BROIS(2)(T)/ 0.039%    $   $(26,901)    $(26,901)
BRL 10,979   01/04/27   10.750%(T)   1 Day BROIS(2)(T)/ 0.039%     (53,232)   (53,232)
BRL 342   01/04/27   11.120%(T)   1 Day BROIS(2)(T)/ 0.039%   1,769   (1,489)   (3,258)
BRL 10,294   01/04/27   11.255%(T)   1 Day BROIS(2)(T)/ 0.039%     (20,328)   (20,328)
BRL 7,258   01/04/27   12.640%(T)   1 Day BROIS(1)(T)/ 0.039%   (44,025)   (36,073)   7,952
BRL 909   01/02/29   11.860%(T)   1 Day BROIS(2)(T)/ 0.039%     169   169
CLP 1,523,050   06/21/26   5.545%(S)   1 Day CLOIS(1)(S)/ 5.750%     (11,285)   (11,285)
CLP 404,056   09/23/29   5.073%(S)   1 Day CLOIS(2)(S)/ 5.750%   1,500   99   (1,401)
CNH 16,535   12/18/29   1.860%(Q)   7 Day China Fixing Repo Rates(2)(Q)/ 1.800%   1,350   5,584   4,234
COP 5,238,410   12/20/25   9.702%(Q)   1 Day COOIS(1)(Q)/ 10.509%   34   (21,458)   (21,492)
COP 4,454,220   09/18/26   7.970%(Q)   1 Day COOIS(1)(Q)/ 10.509%     (2,575)   (2,575)
COP 8,276,220   09/18/26   8.316%(Q)   1 Day COOIS(1)(Q)/ 10.509%     (17,514)   (17,514)
COP 835,888   09/20/28   7.440%(Q)   1 Day COOIS(2)(Q)/ 10.509%   (1,632)   (3,706)   (2,074)
CZK 19,526   06/21/25   5.919%(A)   6 Month PRIBOR(1)(S)/ 4.360%   147   (13,677)   (13,824)
CZK 29,580   03/20/26   4.495%(A)   6 Month PRIBOR(1)(S)/ 4.360%     (11,020)   (11,020)
CZK 38,765   09/18/26   4.245%(A)   6 Month PRIBOR(1)(S)/ 4.360%     (27,173)   (27,173)
CZK 7,214   12/20/33   4.290%(A)   6 Month PRIBOR(2)(S)/ 4.360%     28,996   28,996
CZK 18,253   09/18/34   3.955%(A)   6 Month PRIBOR(2)(S)/ 4.360%   2,711   39,052   36,341
36

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Interest rate swap agreements outstanding at July 31, 2024 (continued):
Notional
Amount
(000)#
  Termination
Date
  Fixed
Rate
  Floating
Rate
  Value at
Trade Date
  Value at
July 31,
2024
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Interest Rate Swap Agreements (cont’d.):
HUF 317,176   03/20/26   6.195%(A)   6 Month BUBOR(1)(S)/ 6.490%    $(5,615)    $1,837    $7,452
HUF 258,430   06/19/26   6.880%(A)   6 Month BUBOR(1)(S)/ 6.490%     (13,652)   (13,652)
HUF 141,660   09/18/29   6.200%(A)   6 Month BUBOR(2)(S)/ 6.490%     11,126   11,126
HUF 145,770   12/20/33   7.420%(A)   6 Month BUBOR(2)(S)/ 6.490%     61,164   61,164
INR 117,540   09/18/29   6.313%(S)   1 Day MIBOR(2)(S)/ 6.550%   252   5,722   5,470
KRW 400,000   09/21/27   3.639%(Q)   3 Month KWCDC(1)(Q)/ 3.500%   (3,603)   (5,776)   (2,173)
KRW 870,000   12/21/27   4.197%(Q)   3 Month KWCDC(2)(Q)/ 3.500%   25,976   25,525   (451)
KRW 600,000   03/15/28   2.965%(Q)   3 Month KWCDC(2)(Q)/ 3.500%     (333)   (333)
KRW 2,028,148   03/15/28   3.100%(Q)   3 Month KWCDC(1)(Q)/ 3.500%   56,772   (5,997)   (62,769)
KRW 499,398   12/20/28   3.830%(Q)   3 Month KWCDC(2)(Q)/ 3.500%   6,238   13,382   7,144
MXN 13,205   12/15/27   8.950%(M)   28 Day Mexican Interbank Rate(2)(M)/ 11.245%   4,778   (13,033)   (17,811)
MXN 13,610   09/13/28   8.658%(M)   28 Day Mexican Interbank Rate(2)(M)/ 11.245%   (7,357)   (20,074)   (12,717)
MXN 10,366   12/13/28   8.570%(M)   28 Day Mexican Interbank Rate(1)(M)/ 11.245%   8,363   16,824   8,461
MXN 18,750   03/14/29   8.463%(M)   28 Day Mexican Interbank Rate(2)(M)/ 11.245%     (36,430)   (36,430)
37

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Interest rate swap agreements outstanding at July 31, 2024 (continued):
Notional
Amount
(000)#
  Termination
Date
  Fixed
Rate
  Floating
Rate
  Value at
Trade Date
  Value at
July 31,
2024
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Interest Rate Swap Agreements (cont’d.):
MXN 3,166   03/14/29   8.652%(M)   28 Day Mexican Interbank Rate(2)(M)/ 11.245%    $   $(4,916)    $(4,916)
MXN 22,410   06/13/29   9.565%(M)   28 Day Mexican Interbank Rate(1)(M)/ 11.245%     (9,465)   (9,465)
MXN 9,836   06/13/29   9.727%(M)   28 Day Mexican Interbank Rate(1)(M)/ 11.245%   (4,673)   (7,570)   (2,897)
MXN 5,580   09/12/29   9.057%(M)   28 Day Mexican Interbank Rate(2)(M)/ 11.245%     (2,456)   (2,456)
MXN 32,993   09/12/29   9.446%(M)   28 Day Mexican Interbank Rate(2)(M)/ 11.245%   1,842   12,888   11,046
MXN 13,725   12/12/29   9.043%(M)   28 Day Mexican Interbank Rate(2)(M)/ 11.245%     (2,679)   (2,679)
MXN 18,808   09/06/34   9.710%(M)   28 Day Mexican Interbank Rate(2)(M)/ 11.245%   12,356   33,659   21,303
PLN 6,830   06/21/25   6.021%(A)   6 Month WIBOR(1)(S)/ 5.870%   4,201   (2,750)   (6,951)
PLN 1,204   06/15/27   4.970%(A)   6 Month WIBOR(2)(S)/ 5.870%   (9,649)   97   9,746
PLN 2,826   09/21/27   5.487%(A)   6 Month WIBOR(1)(S)/ 5.870%     (31,104)   (31,104)
PLN 5,393   09/21/27   6.547%(A)   6 Month WIBOR(1)(S)/ 5.870%   1,194   (112,446)   (113,640)
PLN 1,175   10/06/27   6.826%(A)   6 Month WIBOR(2)(S)/ 5.870%     27,733   27,733
PLN 460   10/25/27   7.900%(A)   6 Month WIBOR(2)(S)/ 5.870%     15,489   15,489
PLN 18   12/21/27   6.845%(A)   6 Month WIBOR(2)(S)/ 5.870%   181   439   258
38

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
Interest rate swap agreements outstanding at July 31, 2024 (continued):
Notional
Amount
(000)#
  Termination
Date
  Fixed
Rate
  Floating
Rate
  Value at
Trade Date
  Value at
July 31,
2024
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Interest Rate Swap Agreements (cont’d.):
PLN 3,448   12/20/28   4.087%(A)   6 Month WIBOR(2)(S)/ 5.870%    $(10,316)    $(5,039)    $5,277
PLN 1,884   06/19/29   4.812%(A)   6 Month WIBOR(2)(S)/ 5.870%   (3,742)   1,930   5,672
PLN 2,809   12/18/29   5.249%(A)   6 Month WIBOR(1)(S)/ 5.870%     (20,617)   (20,617)
THB 52,750   12/18/34   2.492%(Q)   1 Day THOR(2)(Q)/ 2.483%     (2,288)   (2,288)
ZAR 52,851   09/21/27   7.490%(Q)   3 Month JIBAR(1)(Q)/ 8.283%   49,954   (3,192)   (53,146)
ZAR 26,104   09/21/27   7.995%(Q)   3 Month JIBAR(2)(Q)/ 8.283%   (3,269)   22,504   25,773
ZAR 14,361   03/15/28   7.766%(Q)   3 Month JIBAR(2)(Q)/ 8.283%   (32,906)   7,204   40,110
ZAR 6,182   06/21/28   8.455%(Q)   3 Month JIBAR(1)(Q)/ 8.283%   (670)   (11,060)   (10,390)
ZAR 15,630   09/20/28   8.415%(Q)   3 Month JIBAR(2)(Q)/ 8.283%     27,129   27,129
ZAR 14,563   06/19/29   8.930%(Q)   3 Month JIBAR(2)(Q)/ 8.283%   8,975   42,014   33,039
ZAR 6,810   06/19/29   8.933%(Q)   3 Month JIBAR(1)(Q)/ 8.283%     (19,686)   (19,686)
ZAR 13,420   12/18/29   7.730%(Q)   3 Month JIBAR(2)(Q)/ 8.283%     196   196
ZAR 12,640   12/18/29   7.825%(Q)   3 Month JIBAR(2)(Q)/ 8.283%     2,838   2,838
ZAR 5,396   11/10/32   9.160%(Q)   3 Month JIBAR(2)(Q)/ 8.283%   (16)   13,359   13,375
                    $61,120   $(160,035)   $(221,155)
    
Notional
Amount
(000)#
  Termination
Date
  Fixed
Rate
  Floating
Rate
  Fair
Value
  Upfront
Premiums
Paid(Received)
  Unrealized
Appreciation
(Depreciation)
  Counterparty
OTC Interest Rate Swap Agreement:
MYR 4,300   06/21/28   3.598%(Q)   3 Month KLIBOR(2)(Q)/ 3.570%    $4,995    $—    $4,995   GSI
    
(1) The Fund pays the fixed rate and receives the floating rate.
(2) The Fund pays the floating rate and receives the fixed rate.
39

PGIM Emerging Markets Debt Hard Currency Fund
Schedule of Investments as of July 31, 2024 (unaudited) (continued)
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).
40