Prudential names Brian Clapp as portfolio manager to high-yield funds

By Toni Weeks

San Luis Obispo, Calif., May 3 - Prudential Investment Portfolios, Inc. 15 announced that Brian Clapp has been named a portfolio manager of the Prudential High Yield Fund and the Prudential Short Duration High Yield Income Fund, effective June 1, according to a 497 filing with the Securities and Exchange Commission.

Clapp was also named a portfolio manager to the AST High Yield Portfolio and Prudential Series Fund High Yield Bond Portfolio, according to a separate 497 filing with the SEC.

Clapp joined Prudential in 2006 from Muzinich & Co., where he was a portfolio manager for a high-yield bond-based hedge fund, hedge fund credit analyst and credit analyst covering the chemical, industrial and transportation sectors. Prior to that, he was a credit analyst at institutional high-yield fund manager Triton Partners.

While at Prudential, Clapp was a senior high-yield credit analyst on Prudential's Fixed Income Credit Research team and is currently a principal and high-yield portfolio manager of Prudential Fixed Income's High Yield team.

Newark, N.J.-based Prudential Investments LLC is the investment manager for the funds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.