EX-99.A CHARTER 2 a20articlessupplementary.htm

PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 15

 

ARTICLES SUPPLEMENTARY

 

Prudential Investment Portfolios, Inc. 15, a Maryland corporation registered under the Investment Company Act of 1940, as amended, as an open-end management investment company (the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST: Pursuant to authority expressly vested in the Board of Directors of the Corporation (the “Board of Directors”) by the charter of the Corporation (the “Charter”) and Section 2-208 of the Maryland General Corporation Law, the Board of Directors has classified and designated:

 

(a) 35,000,000 authorized but unissued shares of Prudential High Yield Fund Class T Common Stock (the “Class T Common Stock”) as 35,000,000 additional shares of Prudential Short Duration High Yield Income Fund Class A Common Stock;

 

(b) 25,000,000 authorized but unissued shares of Class T Common Stock as 25,000,000 additional shares of Prudential Short Duration High Yield Income Fund Class Z Common Stock;

 

(c) 190,000,000 authorized but unissued shares of Class T Common Stock as 190,000,000 additional shares of Prudential High Yield Fund Class Z Common Stock;

 

(d) 100,000,000 authorized but unissued shares of the Class T Common Stock as 100,000,000 shares of Prudential High Yield Fund Class R2 Common Stock; and

 

(e) 100,000,000 authorized but unissued shares of the Class T Common Stock as 100,000,000 shares of Prudential High Yield Fund Class R4 Common Stock.

 

Each class of Common Stock, $0.01 par value per share (the “Common Stock”), of the Corporation classified as set forth above shall have the preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications or terms or conditions of redemption of the existing class or new class of the applicable series of Common Stock as set forth in the Charter.

 

SECOND: Prior to the classification and designation in these Articles Supplementary, the total number of shares of all series and classes of stock which the Corporation had authority to issue was 6,000,000,000 shares, $0.01 par value per share, having an aggregate par value of $60,000,000, classified and designated as follows:

Prudential Short Duration High Yield Income Fund

Class A Common Stock 125,000,000

Class C Common Stock 100,000,000

Class Q Common Stock 150,000,000

Class Z Common Stock 675,000,000

Class T Common Stock 75,000,000

 
 

Prudential High Yield Fund

Class A Common Stock 665,000,000

Class B Common Stock 50,000,000

Class C Common Stock 200,000,000

Class Q Common Stock 1,000,000,000

Class R Common Stock 150,000,000

Class Z Common Stock 2,060,000,000

Class T Common Stock 750,000,000

 

 

THIRD: As classified and designated hereby, the total number of shares of all series and classes of stock which the Corporation has authority to issue is 6,000,000,000 shares, $0.01 par value per share, having an aggregate par value of $60,000,000, classified and designated as follows:

Prudential Short Duration High Yield Income Fund

Class A Common Stock 160,000,000

Class C Common Stock 100,000,000

Class Q Common Stock 150,000,000

Class Z Common Stock 700,000,000

Class T Common Stock 75,000,000

Prudential High Yield Fund

Class A Common Stock 665,000,000

Class B Common Stock 50,000,000

Class C Common Stock 200,000,000

Class Q Common Stock 1,000,000,000

Class R Common Stock 150,000,000

Class Z Common Stock 2,250,000,000

Class T Common Stock 300,000,000

Class R2 Common Stock 100,000,000

Class R4 Common Stock 100,000,000

FOURTH: These Articles Supplementary have been approved by the Board of Directors in the manner and by the vote required by law. These Articles Supplementary do not increase the total number of authorized shares of stock of the Corporation.

FIFTH: The undersigned officer of the Corporation acknowledges these Articles Supplementary to be the corporate act of the Corporation and, as to all matters or facts required to be verified under oath, the undersigned officer acknowledges that, to the best of such officer’s knowledge, information and belief, these matters and facts are true in all material respects and that this statement is made under the penalties for perjury.

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IN WITNESS WHEREOF, Prudential Investment Portfolios, Inc. 15 has caused these Articles Supplementary to be signed in its name and on its behalf by its Vice President and attested by its Assistant Secretary on this 14th day of September, 2017.

 

ATTEST:PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 15

/s/ Jonathan Shain                                            By: /s/ Scott Benjamin

Name: Jonathan Shain                                      Name: Scott Benjamin

Title: Assistant Secretary                                  Title: Vice President