PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 14 PGIM Floating Rate Income Fund AMENDED AND RESTATED SUBADVISORY AGREEMENTSubadvisory Agreement • April 29th, 2020 • Prudential Investment Portfolios, Inc. 14 • 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, and PGIM, Inc. (PGIM), a New Jersey corporation, and PGIM Limited (PGIM Limited and together with PGIM, the Subadvisers).
PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 14 PGIM Government Income Fund AMENDMENT TO SUBADVISORY AGREEMENTSubadvisory Agreement • April 29th, 2020 • Prudential Investment Portfolios, Inc. 14
NOW THEREFORE, the parties mutually agree as follows: 1. Effective as of December 13, 2019, the subadvisory fee rate schedule appearing in Schedule A is hereby deleted in its entirety, and is replaced with the following new subadvisory fee rate schedule: 0.235% on average daily net assets up to $1 billion; 0.20% on average daily net assets over $1 billion to $2 billion; 0.15% on average daily net assets over $2 billion to $3 billion; 0.13% on average daily net assets over $3 billion.
Prudential Investment Portfolios, Inc. 14 PGIM Government Income Fund AMENDMENT TO MANAGEMENT AGREEMENTManagement Agreement • April 29th, 2020 • Prudential Investment Portfolios, Inc. 14
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 PGIM Government Income Fund: 0.470% on average daily net assets up to $1 billion; 0.420% on average daily net assets from $1 billion to $2 billion; 0.320% on average daily net assets from $2 billion to $3 billion; 0.270% on average daily net assets over $3 billion.
