Prudential Investment Portfolios, Inc. 14 Prudential Floating Rate Income Fund AMENDMENT TO MANAGEMENT AGREEMENT

Prudential Investment Portfolios, Inc. 14
Prudential Floating Rate Income Fund

AMENDMENT TO MANAGEMENT AGREEMENT

Amendment to Management Agreement made this 1st day of October, 2015, between Prudential Investment Portfolios, Inc. 14 (PIP 14), on behalf of its series, Prudential Floating Rate Income Fund, and Prudential Investments LLC (the Manager).

WHEREAS PIP 14 and the Manager have mutually agreed to revise Schedule A of the Management Agreement, in order to reduce the management fee rate pursuant to which PIP 14 compensates the Manager for the services provided by the Manager to Prudential Floating Rate Income Fund under the Management Agreement;

NOW THEREFORE, the parties mutually agree as follows:

1. The management fee rate schedule appearing in Schedule A is hereby deleted in its entirety and is replaced with the following new management fee rate schedule applicable to Prudential Floating Rate Income Fund:

0.70% on average daily net assets up to and including $5 billion;
0.675% on average daily net assets exceeding $5 billion.

2. The Management Agreement is unchanged in all other respects.

IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their officers designated below as of the day and year first above written.

PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 14

By: /s/Xxxxx X. Xxxxxxxx
Xxxxx X. Xxxxxxxx, Vice President


PRUDENTIAL INVESTMENTS LLC

By: /s/Xxxxxx X. Xxxxxx
Xxxxxx X. Xxxxxx, President