M&g Investments (usa) Inc.

M&G Investments (USA) Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission, established in May 2020 and wholly owned by M&G Investments (Americas) Inc. The firm specializes in providing investment management services to Group Affiliates, offering discretionary fixed income investment strategies and a discretionary US Treasury strategy. Additionally, M&G Investments (USA) Inc. provides model portfolio services and private asset sourcing and origination to certain clients. The firm's investment process is team-based, focusing on bottom-up analysis supported by top-down views and relative value discipline. For Group Affiliate clients, fees are negotiable based on a percentage of assets under management, with asset-based fees ranging up to 15 basis points per annum. M&G Investments (USA) Inc. may receive performance-based compensation from certain clients, with written compliance policies in place to address conflicts of interest. The firm does not have any disciplinary events, and employees adhere to a Code of Ethics covering ethical standards, personal account dealing, and handling of material non-public information. M&G Investments (USA) Inc. does not have custody of client funds or securities and does not participate in wrap fee programs. The firm provides both discretionary and non-discretionary investment services, with investment activity guided by client mandates and investment management agreements. Proxy voting decisions are made in accordance with M&G's group-wide policy. As an indirect subsidiary of M&G plc, M&G Investments (USA) Inc. is not aware of any financial conditions impairing its ability to meet contractual commitments. Financial statements are not required due to the firm's custody practices and fee prepayment policies.