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Products August 28, 2008
Jennison Equity Income Fund Adds Z Class
JennisonDryden has added Z share classes to its Jennison Equity Income Fund, making the income-oriented equity fund available to mutual fund wrap programs and retirement platforms that use institutional priced mutual funds.
Reported by Nevin E. Adams
JennisonDryden is Prudential Financial Inc.’s proprietary mutual fund family.
Shaun Hong and Ubong “Bobby” Edemeka, both managing directors and portfolio managers at Jennison Associates, manage the Jennison Equity Income Fund.
“We’re happy to respond to demand from our distribution partners to offer this service for our institutional and wrap-fee clients,’ said Scott Benjamin, senior vice president and head of product and marketing for JennisonDryden.