Products August 17, 2009

JennisonDryden Adds Bond Fund to Asset Allocation Funds

August 17, 2009 (PLANSPONSOR.com) - JennisonDryden, the proprietary mutual fund family of Prudential Financial, Inc., has added the Dryden Total Return Bond Fund (PDBAX) to the fixed-income allocation of its full line-up of asset allocation funds.

Reported by

Rebecca Moore

According to a press release, Dryden Total Return Bond Fund offers investors access to a well-diversified, risk-managed portfolio of bonds. The fund features a multi-sector approach that seeks above-average returns with below-average volatility.

Managed by Prudential Fixed Income Management, the Dryden Total Return Bond Fund invests in more than 300 securities across multiple fixed-income sectors and a wide range of credit qualities and maturities, the announcement said.

Get more! Sign up for PLANSPONSOR newsletters. 

JennisonDryden Asset Allocation Funds offer growth, moderate, and conservative allocation models.

More information is at http://www.jennisondryden.com .