AMENDED AND RESTATED SUBADVISORY AGREEMENTTarget Portfolio Trust • September 26th, 2019 • Target Portfolio Trust • New York
Agreement amended and restated made as of this 12th day of September, 2019 between PGIM Investments LLC (PGIM Investments or the Manager), a New York limited liability company, PGIM, Inc. (PGIM), a New Jersey corporation and PGIM Limited, a U.K. limited company, (PGIM Limited and together with PGIM, the Subadvisers).
THE TARGET PORTFOLIO TRUST Prudential Corporate Bond Fund AMENDMENT TO MANAGEMENT AGREEMENTManagement Agreement • September 26th, 2019 • Target Portfolio Trust
NOW THEREFORE, the parties mutually agree as follows: 1. The management fee rate schedule appearing in Paragraph 8 is hereby revised by deleted the existing management fee rate applicable to the Fund, and inserting the following new management fee rate schedule for the Fund: 0.450% on average daily net assets up to and including $5 billion. 0.425% on average daily net assets exceeding $5 billion.
THE TARGET PORTFOLIO TRUST Prudential Core Bond Fund AMENDMENT TO MANAGEMENT AGREEMENTManagement Agreement • September 26th, 2019 • Target Portfolio Trust
NOW THEREFORE, the parties mutually agree as follows: 1. The management fee rate schedule appearing in Paragraph 8 is hereby revised by deleted the existing management fee rate applicable to the Fund, and inserting the following new management fee rate schedule for the Fund: 0.350% on average daily net assets up to and including $10 billion. 0.340% on average daily net assets exceeding $10 billion.
