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JennisonDryden Adds Bond Fund to Asset Allocation Funds
<p>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 lineup of asset allocation
funds.</p>
Reported by Rebecca Moore
JennisonDryden said the 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 fund invests in more than 300 securities across multiple fixed-income sectors and a range of credit qualities and maturities.