Footnotes

PLEASE REVIEW THE IMPORTANT INFORMATION BELOW

The Prudential Builder account is a brokerage account designed for spending and cash management. It is not intended to serve as your main account for securities trading and no advice is provided with respect to your Prudential Builder account. Customers interested in securities trading or investment advice should contact their local Prudential Adviser. https://www.prudential.com/wps/portal/production/common/findfinancialprofessional/

Pruco Securities is not a bank and Prudential Builder is not a bank account. Through Prudential Builder, you can select either a money market fund sweep option or an FDIC-insured bank deposit sweep option.

Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and the summary prospectus contain this and other information about the fund. You can find a copy of the prospectus by going to PGIM and Fidelity websites. Read them carefully before investing.

The yield quotations more closely reflect the current earnings of a money market fund than a total return quotation. Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost. For the most recent and complete information about performance, charges and expenses, visit the applicable fund’s website (PGIM, Fidelity).

Through the Prudential Builder Account, we make available to you certain money market funds. You could lose money by investing in a money market fund. Although these funds seek to preserve the value of your investment at $1.00 per share, they cannot guarantee they will do so. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. A money market fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

You should know that money market funds have different characteristics than bank sweep and savings accounts and read each fund’s prospectus carefully. An important difference is that bank sweep products and savings accounts have FDIC protection, which guarantees principal and interest within limits; while money market funds do not have FDIC protection. In addition, money market mutual funds generate income from their underlying investments, which may be subject to market fluctuations and risk of default, while bank sweep and savings account products pay an interest rate that is set by the deposit bank(s). The yield for each money market fund shown is the average amount earned by the fund after expenses over the past 7 days (per date indicated), and annualized. Please consider each type of account and products carefully, as there are differences in services and fees.

The Securities Investor Protection Corporation(SIPC) protects against the loss of cash and securities – such as stocks and bonds – held by a customer at a financially-troubled SIPC-member brokerage firm. The limit of SIPC protection is $500,000, which includes a $250,000 limit for cash. SIPC does not protect against the decline in value of your securities. SIPC does not protect claims against a broker for bad investment advice, or for recommending inappropriate investments.Explanatory brochure available upon request or at www.sipc.org opens in a new window.

Cash deposited in the NFS Bank Deposit Program is deposited at a participating FDIC member bank. Funds deposited at an FDIC-insured institution are insured, in aggregate, up to $250,000 per depositor, per insured institution, based upon account type, by the Federal Deposit Insurance Corporation (FDIC). The FDIC considers any other deposits you may have with an issuing bank. For more information, visit www.FDIC.gov opens in a new window

Your cash balance is only eligible for FDIC insurance once it is deposited into the Prudential Builder program and held with a Prudential Builder participating bank (“Program Bank”). Your cash balance while held by NFS and/or your Broker/Dealer is not FDIC insured, but is covered by the SIPC. This includes amounts in the cash balances placed in your Brokerage Account that have not yet been received by a Program Bank or which have been swept from a Program Bank back to your Brokerage Account. SIPC currently protects these funds and securities up to $500,000, including $250,000 for claims for cash. Any securities held in your Brokerage Account including Money Funds (as opposed to a deposit in the Prudential Builder program held by a Program Bank) are investment products, and as such: (i) are not insured by the FDIC; (ii) carry no bank or government guarantees; and (iii) are subject to investment risk, including loss of principal amount invested.

¹The Prudential Builder Debit Card is issued by PNC Bank, N.A., and the debit card program is administered by BNY Mellon Investment Servicing Trust Company. These entities are not affiliated with each other or with Pruco Securities LLC. Visa is a registered trademark of Visa International Service Association, and is used by PNC Bank pursuant to a license from Visa U.S.A. Inc.

²Withdraw cash at any ATM with the Visa®, Plus®, or STAR® logos. Prudential provides ATM access at no charge. The owner or operator of an ATM may charge a surcharge fee for the transaction. For each Foreign Transaction involving a card, there is a foreign Transaction fee (currently, one percent of the Transaction for non-US dollar transactions), which will be included in the amount charged to your account. This charge may apply whether or not there is a currency conversion. These fees are nonrefundable.

The Annual Percentage Yield payable on the NFS FDIC Bank Deposit Program is subject to change from time to time after the account is opened without prior notice from the Program Bank, Pruco Securities, or NFS.

Securities products and services are offered through: Pruco Securities, LLC (Pruco). PGIM mutual funds are distributed by Prudential Investment Management Services LLC (PIMS). Pruco and PIMS are both members SIPC and located in Newark, NJ. All are Prudential Financial Companies.

This web page is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. Clients seeking information regarding their particular investment needs should contact a financial professional. Prudential Financial, its affiliates, and their financial professionals do not render tax or legal advice. Please consult with your tax and legal advisors regarding your personal circumstances.

This website is for U.S. persons only and may not be approved in all states. Information contained on this site does not and is not intended to constitute an advertisement, solicitation or offer for sale in any jurisdiction, outside the United States of America, where such use would be prohibited or otherwise regulated.

Prudential, the Prudential logo, the Rock Symbol and Bring Your Challenges are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc, which is headquartered in the United Kingdom.

Securities and Insurance Products:
Not Insured by FDIC or any Federal Government Agency | May Lose Value | Not a Deposit of or Guaranteed by the Bank or any Bank Affiliate.

For Compliance Use Only:1031734-00002-00