Wednesday, July 8, 2009
Prudential Financial 401k (ESP) Plan Scan 12/31/2008
This plan was not helped by company stock. The employees as of 12/31/2008 had over 50% of their money in the money market fund, FDRXX in the scan. The Balanced portfolio had 42.5% in that fund and most of the rest in two bond funds, Prudential core bond enhanced index (PRU.pim) and a Fidelity governemnt income fund, FGOVX in the scan. The Prudential core bond index is a SMA investement as is PRU.lsv in the scan.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment