Cathy Hepworth - Prudential Emerging Fund Manager
| EMDZX Fund | USD 4.58 0.01 0.22% |
Cathy L. Hepworth, CFA, is a Managing Director and an Emerging Market Sovereign StrategistPortfolio Manager for PGIM Fixed Incomes Emerging Markets Team. Ms. Hepworth cofounded PGIM Fixed Incomes emerging markets debt management effort with David Bessey in 1995. Previously, Ms. Hepworth was an analyst in the credit unit of PGIM Fixed Incomes Capital Management Group, focusing on various sovereign, financial and corporate sectors. Prior to joining PGIM Fixed Income in 1989, she held analyst positions at Bankers Trust, Merrill Lynch, and Golembe Associates. Ms. Hepworth received a BSFS from Georgetown University, School of Foreign Service. She holds the Chartered Financial Analyst designation.
| Phone | 800-225-1852 |
Prudential Emerging Management Performance (%)
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Prudential Emerging Leadership Team
Elected by the shareholders, the Prudential Emerging's board of directors comprises two types of representatives: Prudential Emerging inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prudential. The board's role is to monitor Prudential Emerging's management team and ensure that shareholders' interests are well served. Prudential Emerging's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Prudential Emerging's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cathy Hepworth, Fund Manager | ||
| David Bessey, Fund Manager |
Prudential Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Prudential Emerging a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Total Asset | 48.44 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 13.13 % | ||||
| One Year Return | 4.10 % | ||||
| Three Year Return | (1.31) % | ||||
| Five Year Return | 0.59 % | ||||
| Net Asset | 53.46 M | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 7.17 % | ||||
| Bond Positions Weight | 86.03 % |
Pair Trading with Prudential Emerging
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prudential Emerging position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prudential Emerging will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Prudential Emerging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prudential Emerging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prudential Emerging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prudential Emerging Markets to buy it.
The correlation of Prudential Emerging is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prudential Emerging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential Emerging moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prudential Emerging can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Prudential Emerging Markets. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Prudential Emerging information on this page should be used as a complementary analysis to other Prudential Emerging's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.