EX-99.G CUST AGREEMT 12 f37131d11.htm G2A - AMENDED CUSTODY AGREEMENT g2a - Amended Custody Agreement

Execution Version 

AMENDMENT TO CUSTODY AGREEMENT 

Amendment made as of December 11, 2023 (the “Effective Date”) to that certain Custody Agreement dated as of November 7, 2002, as amended from time to time, between each Fund listed on the attached Schedule A thereto, including any series thereof (each, a “Fund”) and The Bank of New York Mellon (formerly, The Bank of New York) (“Custodian”) (such Custody Agreement, as amended, hereinafter referred to as the “Custody Agreement”).  Capitalized terms not otherwise defined herein shall have the meaning assigned to them pursuant to the Custody Agreement. 

  

WHEREAS, the parties wish to amend the Custody Agreement to add certain Funds, as parties to the Custody Agreement; 

  

NOW, THEREFORE, for and in consideration of the mutual promises hereinafter set forth, the parties hereto agree as follows: 

  

1.

Schedule A of the Custody Agreement shall be amended as set forth in Exhibit I to this Amendment, attached hereto and made a part hereof. 

  

2.

Each party represents to the other that this Amendment has been duly executed. 

  

3.

Schedule A of the Custody Agreement, as amended by Exhibit I to this Amendment, shall become effective for each Fund as of the date of first service as listed in Exhibit I hereto upon execution by the parties hereto. From and after the execution hereof, any reference to the Custody Agreement shall be a reference to the Custody Agreement as amended hereby. Except as amended hereby, the Custody Agreement shall remain in full force and effect. 

  

4.

The parties expressly agree that this Amendment shall terminate upon the effective date of the termination of the Custody Agreement. 

  

5.

The parties expressly agree that this Amendment may be executed in one or more counterparts and expressly agree that such execution may occur by manual signature on a physically delivered copy of this Amendment, by a manual signature on a copy of this Amendment transmitted by facsimile transmission, by a manual signature on a copy of this Amendment transmitted as an imaged document attached to an email, or by “Electronic Signature”, which is hereby defined to mean inserting an image, representation or symbol of a signature into an electronic copy of this Amendment by electronic, digital or other technological methods.  Each counterpart executed in accordance with the foregoing shall be deemed an original, with all such counterparts together constituting one and the same instrument.  The exchange of executed counterparts of this Amendment or of executed signature pages to counterparts of this Amendment, in either case by facsimile transmission or as an imaged document attached to an email transmission, shall constitute effective execution and delivery of this Amendment and may be used for all purposes in lieu of a manually executed and physically delivered copy of this Amendment. 

6.

If any provision of the Agreement including this Amendment is found to be invalid, illegal or unenforceable, no other provision of the Agreement or this Amendment shall be affected, and all other provisions shall be enforced to the full extent of the law. 

7.

This Amendment shall be governed by the laws of the State of New York, without regard to its principles of conflicts of laws. 

  

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers and their seals to be hereunto affixed, all as of the Effective Date.  An authorized representative, if executing this Amendment by Electronic Signature, affirms authorization to execute this Amendment by Electronic Signature and that the Electronic Signature represents an intent to enter into this Amendment and an agreement with its terms. 

  

  

EACH FUND LISTED ON 

EXHIBIT I HERETO 

  

By:        /s/ Elyse McLaughlin

Name:   Elyse McLaughlin

Title:     Authorized Signatory 

  

          THE BANK OF NEW YORK MELLON 

  

By:        /s/Matthew Shan

  Name:   Matthew Shane

Title:     Senior Relationship Manager 

  

  

  

 

 

Exhibit I 

SCHEDULE A TO THE CUSTODY AGREEMENT 

  

INSURANCE FUNDS 

  

RIC/Fund Name 

Former Name 

Date of First Service 

  

Advanced Series Trust 

  

  

AST Bond Portfolio 2023 

  

12/28/11 

AST Bond Portfolio 2024 

  

11/14/12 

AST Bond Portfolio 2025 

  

12/5/13 

AST Bond Portfolio 2026 

  

1/2/15 

AST Bond Portfolio 2027 

  

12/21/15 

AST Bond Portfolio 2028 

  

12/15/16 

AST Bond Portfolio 2029 

  

12/1/17 

AST Bond Portfolio 2030 

  

12/11/18 

AST Bond Portfolio 2031 

  

12/2/19 

AST Bond Portfolio 2032 

` 

12/11/20 

AST Bond Portfolio 2033 

  

12/1/21 

AST Bond Portfolio 2034 

  

12/19/22 

AST Bond Portfolio 2035 

  

12/11/23 

AST ClearBridge Dividend Growth Portfolio 

  

2/1/13 

AST Core Fixed Income Portfolio  

AST Western Asset Core Plus Bond Portfolio  

 11/1/07 

AST Global Bond Portfolio 

AST Wellington Management Global Bond Portfolio 

7/8/15 

AST Investment Grade Bond Portfolio 

  

1/28/08 

AST J.P. Morgan Fixed Income Central Portfolio 

  

11/28/22 

AST Large-Cap Core Portfolio 

AST QMA Large-Cap Portfolio 

4/1/13 

AST Multi-Sector Fixed-Income Portfolio 

AST Long Duration Bond Portfolio 

2/25/13 

AST PGIM Fixed Income Central Portfolio 

  

6/27/22 

AST Target Maturity Central Portfolio  

  

4/25/22 

AST T. Rowe Price Fixed Income Central Portfolio 

  

10/26/22 

AST T. Rowe Price Growth Opportunities Portfolio 

  

12/5/13 

  

The Prudential Series Fund 

  

  

PSF PGIM 50/50 Balanced Portfolio 

Conservative Balanced Portfolio 

7/25/05 

PSF PGIM Total Return Bond Portfolio 

Diversified Bond Portfolio 

7/25/05 

PSF PGIM Flexible Managed Portfolio 

Flexible Managed Portfolio 

7/25/05 

PSF Global Portfolio 

Global Portfolio 

7/25/05 

PSF PGIM Government Income Portfolio 

Government Income Portfolio 

7/25/05 

PSF PGIM Government Money Market Portfolio 

Government Money Market Portfolio, Money Market Portfolio 

9/12/05 

PSF PGIM High Yield Bond Portfolio 

High Yield Bond Portfolio 

7/25/05 

 

PSF PGIM Jennison Blend Portfolio 

Equity Portfolio 

7/25/05  

PSF PGIM Jennison Growth Portfolio 

Jennison Portfolio 

7/25/05 

PSF Natural Resources Portfolio 

Natural Resources Portfolio 

7/25/05 

PSF Small-Cap Stock Index Portfolio 

Small Capitalization Stock Portfolio 

7/25/05 

PSF Stock Index Portfolio 

Stock Index Portfolio 

7/25/05 

PSF PGIM Jennison Value Portfolio 

Value Portfolio 

7/25/05 

PSF Mid-Cap Growth Portfolio 

SP Prudential U.S. Emerging Growth Portfolio 

7/25/05 

  

Prudential Gibraltar Fund 

  

7/25/05 

  

RETAIL FUNDS 

RIC/Fund Name 

Former Name 

Date of First Service 

  

Prudential Global Total Return Fund, Inc.  

Dryden Global Total Return Fund, Inc. 

  

PGIM Global Total Return Fund 

Prudential Global Total Return Fund, Prudential Global Total Return Fund, Inc. 

6/6/05 

PGIM Global Total Return (USD Hedged) Fund 

Prudential Global Total Return (USD Hedged) Fund 

12/1/17 

Prudential Government Money Market Fund, Inc. 

Prudential MoneyMart Assets, Inc., MoneyMart Assets, Inc. 

  

PGIM Government Money Market Fund 

Prudential Government Money Market Fund, Inc. 

6/6/05 

PGIM Core Government Money Market Fund 

  

3/6/23 

  

Prudential Investment Portfolios, Inc. 

  

  

PGIM Balanced Fund 

Prudential Balanced Fund, Prudential Asset Allocation Fund, Dryden Asset Allocation Fund, Dryden Active Allocation Fund 

6/6/05 

PGIM Jennison Focused Value Fund 

PGIM Jennison Equity Opportunity Fund, Prudential Jennison Equity Opportunity Fund, Jennison Equity Opportunity Fund 

6/27/05 

PGIM Jennison Growth Fund  

Prudential Jennison Growth Fund, Jennison Growth Fund 

6/27/05 

  

Prudential Investment Portfolios 2 

Dryden Core Investment Fund 

  

PGIM Quant Solutions Commodity Strategies Fund 

PGIM QMA Commodity Strategies Fund 

Prudential Commodity Strategies Fund 

11/1/16 

PGIM Commodity Strategies Subsidiary, Ltd. 

Prudential Commodity Strategies Subsidiary, Ltd. 

11/1/16 

PGIM Core Conservative Bond Fund 

Prudential Core Conservative Bond Fund 

11/1/16 

PGIM Core Short Term Bond Fund   

Prudential Core Short Term Bond Fund, Short Term Bond Series 

6/6/05 

PGIM Core Ultra Short Bond Fund  

Prudential Core Ultra Short Bond Fund, Prudential Core Taxable Money Market Fund, Taxable Money Market Series 

6/6/05 

PGIM Institutional Money Market Fund 

Prudential Institutional Money Market Fund 

7/15/16 

PGIM Jennison Small-Cap Core Equity Fund 

Prudential Jennison Small-Cap Core Equity Fund 

11/1/16 

 

PGIM Quant Solutions Emerging Markets Equity Fund 

Prudential QMA Emerging Markets Equity Fund 

11/1/16 

PGIM Quant Solutions International Developed Markets Index Fund 

Prudential QMA International Developed Markets Index Fund 

11/1/16 

PGIM Quant Solutions Mid-Cap Index Fund 

PGIM Quant Solutions Mid-Cap Core Fund, PGIM QMA Mid-Cap Core Equity Fund, Prudential QMA Mid-Cap Core Equity Fund 

11/1/16 

PGIM TIPS Fund 

Prudential TIPS Fund  

11/1/16 

Prudential Investment Portfolios 3 

Jennison Dryden Opportunity Funds, Strategic Partners Opportunity Funds 

  

PGIM Jennison Focused Growth Fund   

Prudential Jennison Select Growth Fund, Jennison Select Growth Fund, Strategic Partners Focused Growth Fund 

12/9/02 

PGIM Quant Solutions Large-Cap Value Fund 

PGIM QMA Large-Cap Value Fund 

4/1/14 

PGIM Strategic Bond Fund 

Prudential Unconstrained Bond Fund, PGIM Unconstrained Bond Fund 

6/1/15 

PGIM Wadhwani Systematic Absolute Return Fund 

PGIM QMAW Systematic Absolute Return Fund 

09/28/21 

  

Prudential Investment Portfolios 4 

Dryden Municipal Bond Fund 

  

PGIM Muni High Income Fund  

Prudential Muni High Income Fund, High Income Series 

6/6/05 

  

Prudential Investment Portfolios 5 

Strategic Partners Style Specific Funds 

  

PGIM 60/40 Allocation Fund 

  

9/1/15 

PGIM Target Date Income Fund 

Prudential Day One Income Fund 

11/1/16 

PGIM Target Date 2015 Fund 

Prudential Day One 2015 Fund 

11/1/16 

PGIM Target Date 2020 Fund 

Prudential Day One 2020 Fund 

11/1/16 

PGIM Target Date 2025 Fund 

Prudential Day One 2025 Fund 

11/1/16 

PGIM Target Date 2030 Fund 

Prudential Day One 2030 Fund 

11/1/16 

PGIM Target Date 2035 Fund 

Prudential Day One 2035 Fund 

11/1/16 

PGIM Target Date 2040 Fund 

Prudential Day One 2040 Fund 

11/1/16 

PGIM Target Date 2045 Fund 

Prudential Day One 2045 Fund 

11/1/16 

PGIM Target Date 2050 Fund 

Prudential Day One 2050 Fund 

11/1/16 

PGIM Target Date 2055 Fund 

Prudential Day One 2055 Fund 

11/1/16 

PGIM Target Date 2060 Fund 

Prudential Day One 2060 Fund 

11/1/16 

PGIM Target Date 2065 Fund 

Prudential Day One 2065 Fund 

12/16/19 

PGIM Jennison Diversified Growth Fund   

Prudential Jennison Diversified Growth Fund and Prudential Jennison Conservative Growth Fund   

11/18/02 

PGIM Jennison Rising Dividend Fund 

Prudential Jennison Rising Dividend Fund 

3/5/14 

  

Prudential Investment Portfolios 6 

Dryden California Municipal Fund 

  

PGIM California Muni Income Fund  

Prudential California Muni Income Fund 

9/12/05 

  

Prudential Investment Portfolios 7 

JennisonDryden Portfolios 

  

PGIM Jennison Value Fund    

Prudential Jennison Value Fund    

6/27/05 

  

 

Prudential Investment Portfolios 8 

 

Dryden Index Series Fund 

  

PGIM Quant Solutions Large-Cap Index Fund 

PGIM Quant Solutions Stock Index Fund, PGIM QMA Stock Index Fund, Prudential QMA Stock Index Fund, Prudential Stock Index Fund   

6/27/05 

PGIM Securitized Credit Fund 

  

7/1/19 

  

Prudential Investment Portfolios 9 

Dryden Tax-Managed Funds 

  

PGIM Absolute Return Bond Fund  

Prudential Absolute Return Bond Fund  

3/30/11 

PGIM Quant Solutions Large-Cap Core Fund 

PGIM QMA Large-Cap Core Equity Fund 

Prudential QMA Large-Cap Core Equity Fund, Prudential Large-Cap Core Equity Fund, Dryden Large-Cap Core Equity Fund 

6/27/05 

PGIM Select Real Estate Fund 

Prudential Select Real Estate Fund 

7/7/14 

PGIM Real Estate Income Fund 

Prudential Real Estate Income Fund 

6/1/15 

  

Prudential Investment Portfolios 12 

Prudential Global Real Estate Fund 

  

PGIM Short Duration Muni Fund 

PGIM Short Duration Muni High Income Fund, Prudential Short Duration Muni High Income Fund 

5/28/14 

PGIM Jennison Technology Fund 

  

6/18/18 

PGIM Jennison NextGeneration Global Opportunities Fund 

  

09/14/21 

PGIM Jennison International Small-Mid Cap Opportunities Fund 

  

09/14/21 

  

Prudential Investment Portfolios, Inc. 14 

Prudential Government Income Fund, Inc. 

  

PGIM Government Income Fund   

Prudential Government Income Fund, Dryden Government Income Fund, Inc. 

7/25/05 

PGIM Floating Rate Income Fund   

Prudential Floating Rate Income Fund   

3/30/11 

Prudential Investment Portfolios, Inc. 15  

Prudential High Yield Fund, Inc., Dryden High Yield Fund, Inc. 

  

PGIM Short Duration High Yield Income Fund  

Prudential Short Duration High Yield Income Fund  

9/24/12 

PGIM High Yield Fund  

Prudential High Yield Fund  

7/25/05 

PGIM ESG High Yield Fund 

  

12/8/21 

Prudential Investment Portfolios 16 

  

  

PGIM Income Build Fund 

  

12/30/15 

Prudential Investment Portfolios, Inc. 17 

Prudential Total Return Bond Fund, Inc., Dryden Total Return Bond Fund, Inc. 

  

PGIM Total Return Bond Fund 

Prudential Total Return Bond Fund 

7/25/05 

PGIM Short Duration Multi-Sector Bond Fund 

Prudential Short Duration Multi-Sector Bond Fund 

12/5/13 

PGIM ESG Total Return Bond Fund 

  

9/30/21 

PGIM ESG Short Duration Multi-Sector Bond Fund 

  

5/25/22 

Prudential Investment Portfolios 18 

Prudential Jennison 20/20 Focus Fund, Jennison 20/20 Focus Fund 

6/27/05 

PGIM Jennison MLP Fund 

Prudential Jennison MLP Fund 

12/5/13 

Prudential Jennison Blend Fund, Inc 

Jennison Blend Fund, Inc., Strategic Partners Equity Fund, Inc. 

  

 

PGIM Jennison Blend Fund 

Prudential Jennison Blend Fund, Inc 

9/12/05 

Prudential Jennison Mid-Cap Growth Fund, Inc.  

Jennison Mid-Cap Growth Fund, Inc., Jennison U.S. Emerging Growth Fund, Inc. 

  

PGIM Jennison Mid-Cap Growth Fund 

Prudential Jennison Mid-Cap Growth Fund, Inc. 

6/27/05 

  

Prudential Jennison Natural Resources Fund, Inc.  

Jennison Natural Resources Fund, Inc. 

  

PGIM Jennison Natural Resources Fund 

Prudential Jennison Natural Resources Fund, Inc. 

6/27/05 

  

Prudential Jennison Small Company Fund, Inc.  

Jennison Small Company Fund, Inc. 

  

PGIM Jennison Small Company Fund  

Prudential Jennison Small Company Fund, Inc.  

6/27/05 

  

Prudential National Muni Fund, Inc.  

Dryden National Municipals Fund, Inc. 

  

PGIM National Muni Fund  

Prudential National Muni Fund, Inc.  

9/12/05 

  

Prudential Sector Funds  

Jennison Sector Funds, Inc. 

  

PGIM Jennison Financial Services Fund  

Prudential Jennison Financial Services Fund and Prudential Financial Services Fund 

6/27/05 

PGIM Jennison Health Sciences Fund  

Prudential Health Sciences Fund d/b/a Prudential Jennison Health Sciences Fund, Jennison Health Sciences Fund 

6/27/05 

PGIM Jennison Utility Fund  

Prudential Utility Fund d/b/a Prudential Jennison Utility Fund, Jennison Utility Fund 

6/27/05 

  

Prudential Short-Term Corporate Bond Fund, Inc.  

Dryden Short-Term Bond Fund, Inc. 

  

PGIM Short-Term Corporate Bond Fund  

Prudential Short-Term Corporate Bond Fund, Inc.  

6/6/05 

  

Prudential World Fund, Inc.  

  

  

PGIM Emerging Markets Debt Local Currency Fund 

Prudential Emerging Markets Debt Local Currency Fund 

3/30/11 

PGIM Emerging Markets Debt Hard Currency Fund 

Prudential Emerging Markets Debt Hard Currency Fund 

12/1/17 

PGIM Quant Solutions International Equity Fund 

PGIM QMA International Equity Fund 

Prudential QMA International Equity, Fund Prudential International Equity Fund 

6/6/05 

PGIM Jennison Emerging Markets Equity Opportunities Fund 

Prudential Jennison Emerging Markets Equity Fund 

9/3/14 

PGIM Jennison Global Infrastructure Fund 

Prudential Jennison Global Infrastructure Fund 

8/12/13 

PGIM Jennison Global Opportunities Fund 

Prudential Jennison Global Opportunities Fund 

3/14/12 

PGIM Jennison International Opportunities Fund 

Prudential Jennison International Opportunities Fund 

6/5/12 

  

The Target Portfolio Trust 

  

  

PGIM Corporate Bond Fund  

  

5/1/15 

PGIM Quant Solutions Small Cap Value Fund 

PGIM QMA Small Cap Value Fund 

9/1/17 

PGIM Core Bond Fund  

  

2/1/15 

  

 

CLOSED END FUNDS 

RIC/Fund Name 

Former Name 

Date of First Service 

PGIM High Yield Bond Fund, Inc. 

Prudential Short Duration High Yield Fund, Inc. 

3/8/12 

PGIM Global High Yield Fund, Inc. 

Prudential Global Short Duration High Yield Fund, Inc. 

9/24/12 

PGIM Short Duration High Yield Opportunities Fund 

  

10/9/20 

PGIM Private Real Estate Fund, Inc. 

  

3/30/22 

PGIM Credit Income Fund 

  

10/15/23 

  

EXCHANGE TRADED FUNDS 

RIC/Fund Name 

Former Name 

Date of First Service 

  

PGIM ETF Trust 

  

  

PGIM Ultra Short Bond ETF 

  

6/3/22 

PGIM Active High Yield Bond ETF 

  

6/3/22 

PGIM Active Aggregate Bond ETF 

  

6/3/22 

PGIM Total Return Bond ETF 

  

6/3/22 

PGIM Floating Rate Income ETF 

  

5/17/22 

PGIM Portfolio Ballast ETF 

  

12/12/22 

PGIM Jennison Focused Growth ETF 

  

12/12/22 

PGIM Jennison Focused Value ETF 

  

12/12/22 

PGIM AAA CLO ETF 

  

7/19/23 

PGIM Short Duration Multi-Sector Bond ETF 

  

7/19/23 

PGIM Jennison Focused Mid-Cap ETF 

  

12/11/23 

PGIM Jennison Better Future ETF 

  

12/11/23 

PGIM Jennison International Opportunities ETF 

  

12/11/23 

PGIM Short Duration High Yield ETF 

  

12/11/23 

  

PGIM Rock ETF Trust 

  

  

PGIM US Large-Cap Buffer 12 ETF – January 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – February 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – March 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – April 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – May 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – June 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – July 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – August 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – September 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – October 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – November 

  

10/15/23 

PGIM US Large-Cap Buffer 12 ETF – December 

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – January  

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – February  

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – March  

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – April  

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – May  

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – June  

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – July  

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – August  

  

10/15/23 

 

PGIM US Large-Cap Buffer 20 ETF – September  

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – October  

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – November  

  

10/15/23 

PGIM US Large-Cap Buffer 20 ETF – December  

  

10/15/23