EX-99.1 CHARTER 10 articlessupplementary.htm ARTICLES SUPPLEMENTARY

PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 17

 

ARTICLES SUPPLEMENTARY

 

Prudential Investment Portfolios, Inc. 17, a Maryland corporation (the “Corporation”), having its principal office in Baltimore City, Maryland, hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST: Pursuant to authority expressly vested in the Board of Directors of the Corporation (the “Board of Directors”) by Article IV, Section 2 of the charter of the Corporation (the “Charter”) and Section 2-208 of the Maryland General Corporation Law, the Board of Directors has duly reclassified and designated 500,000,000 authorized but unissued shares of the Prudential Total Return Bond Fund as shares of the “Prudential Short Duration Multi-Sector Fund”, as further divided as follows:

 

Prudential Short Duration Multi-Sector Fund
Class A Common Stock 125,000,000 shares
Class C Common Stock 75,000,000 shares
Class Q Common Stock 100,000,000 shares
Class Z Common Stock 200,000,000 shares

 

with the terms for such newly reclassified and designated shares of “Class A Common Stock,” “Class C Common Stock,” “Class Q Common Stock” and “Class Z Common Stock” as set forth generally in the Charter.

SECOND: Prior to the reclassification and designation authorized by these Articles Supplementary, the total number of shares of all classes and series of stock which the Corporation had authority to issue was 2,000,000,000 shares, $0.001 par value per share, having an aggregate par value of $2,000,000, classified and designated as follows:

 

Prudential Total Return Bond Fund
Class A Common Stock 600,000,000 shares
Class B Common Stock 75,000,000 shares
Class C Common Stock 75,000,000 shares

Class M Common Stock 25,000,000 shares
Class Q Common Stock 350,000,000 shares
Class R Common Stock 350,000,000 shares
Class X Common Stock 25,000,000 shares
Class Z Common Stock 500,000,000 shares

 

THIRD: As reclassified and designated hereby, the total number of shares of all classes and series of stock which the Corporation has authority to issue is 2,000,000,000 shares, $0.001 par value per share, having an aggregate par value of $2,000,000, further classified and designated among the series of the Corporation as follows:

 

 

 
 

Prudential Total Return Bond Fund
Class A Common Stock 525,000,000 shares
Class B Common Stock 50,000,000 shares
Class C Common Stock 50,000,000 shares
Class Q Common Stock 250,000,000 shares
Class R Common Stock 250,000,000 shares
Class X Common Stock 25,000,000 shares
Class Z Common Stock 350,000,000 shares

 

Prudential Short Duration Multi-Sector Fund
Class A Common Stock 125,000,000 shares
Class C Common Stock 75,000,000 shares
Class Q Common Stock 100,000,000 shares
Class Z Common Stock 200,000,000 shares

 

FOURTH: Each share of Class A Common Stock, Class C Common Stock, Class Q Common Stock and Class Z Common Stock of the Prudential Short Duration Multi Sector Fund shall represent the same interest in the Corporation and has identical voting, dividend, liquidation and other rights as shares of Class A Common Stock, Class C Common Stock, Class Q Common Stock and Class Z Common Stock of the Corporation as set forth in the Charter.

 

FIFTH: The stock of the Corporation has been classified by the Board of Directors under authority contained in the Charter.

 

SIXTH: These Articles Supplementary shall become effective at 12:02 a.m. on October 31, 2013.

IN WITNESS WHEREOF, Prudential Investment Portfolios, Inc. 17 has caused these Articles Supplementary to be signed in its name and on its behalf by its Vice President and witnessed by its Assistant Secretary on this 3rd day of October, 2013.

 

ATTEST: PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 17

/s/ Claudia DiGiacomo

Claudia DiGiacomo,

Assistant Secretary

By: /s/ Scott E. Benjamin

Scott E. Benjamin,

Vice President

 

 

 

 

 

 
 

 

The undersigned, Vice President of Prudential Investment Portfolios, Inc. 17, who executed on behalf of the Corporation the foregoing Articles Supplementary which this certificate is made a part, hereby acknowledges in the name and on behalf of the Corporation the foregoing Articles Supplementary to be the corporate act of the Corporation and hereby certifies that to the best of her knowledge, information and belief the matters and facts set forth therein with respect to the authorization and approval thereof are true in all material respects under the penalties of perjury.

/s/ Scott E. Benjamin

Scott Benjamin, Vice President