Form D · Other Investment Fund

PGIM Broad Market High Yield Bond Fund of the Prudential Trust Co Institutional Business Trust

Scranton, PA · CIK 0001696459

Offering snapshot reported Feb 18, 2026 · SEC filing

Reported sold
$641M
Indefinite offering
Investors reported
11
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jan 24, 2017
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$761M$1.52BFeb 1, 2017: $298,156,000.00Feb 1, 2017Feb 1, 2018: $307,971,000.00Feb 1, 2019: $307,971,000.00Feb 14, 2020: $307,971,000.00Feb 16, 2021: $332,971,000.00Feb 16, 2022: $442,971,000.00Feb 17, 2023: $1,522,789,489.00Feb 16, 2024: $479,371,000.00Feb 18, 2025: $511,371,000.00Feb 18, 2026: $641,371,000.00Feb 18, 2026

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$511,371,000 → $641,371,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 18, 2026Amendment$641,371,000$130,000,000vs Feb 18, 202511SEC filing
Feb 18, 2025Amendment$511,371,000$32,000,000vs Feb 16, 202411SEC filing
Feb 16, 2024Amendment$479,371,000$36,400,000vs Feb 16, 202210SEC filing
Feb 17, 2023Amendment$1,522,789,489$1,079,818,489vs Feb 16, 20224SEC filing
Feb 16, 2022Amendment$442,971,000$110,000,000vs Feb 16, 20213SEC filing
Feb 16, 2021Amendment$332,971,000$25,000,000vs Feb 14, 20202SEC filing
Feb 14, 2020Amendment$307,971,000$0vs Feb 1, 20192SEC filing
Feb 1, 2019Amendment$307,971,000$0vs Feb 1, 20182SEC filing
Feb 1, 2018Amendment$307,971,000$9,815,000vs Feb 1, 20172SEC filing
Feb 1, 2017Initial$298,156,000No comparison2SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-279783
The Issuer does not bear the expense of any commissions or fees with respect to the services of Prudential Investment Management Services LLC.

Sales compensation recipients

Scroll to see all columns →

RecipientCRDAssociated broker-dealer
Prudential Investment Management Services LLC18353

Source: Form D, filed Feb 18, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

PGIM BROAD MARKET HIGH YIELD BOND FUND OF THE PRUDENTIAL TRUST COMPANY INSTITUTIONAL BUSINESS TRUST

Investment adviser: PGIM, INC.

Gross asset value
$605M
Beneficial owners
3
ADV minimum commitment
$0

Reported in Form ADV on Apr 28, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian STATE STREET BANK AND TRUST COMPANY KANSAS CITY, Missouri, United States Related to adviser: No Other funds reporting this name →
Marketer PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC NEWARK, New Jersey, United States Related to adviser: Yes Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC
CRD 18353 · SEC 8-36540

Fund asset history · 5 annual observations Gross asset value by annual ADV filing$0$350M$699MFY 2021: $699,440,000.00FY 2021FY 2022: $663,425,943.00FY 2022FY 2023: $682,219,710.00FY 2023FY 2024: $682,219,710.00FY 2024FY 2025: $605,315,873.00FY 2025

Scroll to see all columns →

Fiscal yearGross assetsBeneficial ownersADV filed
2021$699,440,0003Mar 30, 2022
2022$663,425,9433Mar 30, 2023
2023$682,219,7103Mar 29, 2024
2024$682,219,7103Mar 28, 2025
2025$605,315,8733Mar 27, 2026
Filing source

Form ADV 2099769 · Apr 28, 2026 · Schedule D 7.B.(1), fund 805-1155675386

Reported by PGIM, INC. (CRD 105676).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
N/A Pgim, Inc. Promoter
Investment Adviser Pgim, Inc. Promoter
Trustee Prudential Trust Company Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
30 Scranton Office Park
Scranton, PA, 18507
Phone: 570-341-6280