Rhode Island Management Agreement is a legally binding contract between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC. This agreement outlines the terms and conditions under which Prudential Investments Fund Management, LLC will manage the assets of the Prudential Tax-Managed Growth Fund. The agreement includes key details such as the duration of the agreement, the responsibilities of each party, fee structures, investment objectives, performance benchmarks, and reporting requirements. It is designed to ensure that both parties are aligned in their goals and expectations while providing transparency and clarity regarding the management of the fund. Prudential Investments Fund Management, LLC is responsible for actively managing the assets of the Prudential Tax-Managed Growth Fund, with a focus on tax-efficient strategies. They employ a team of experienced investment professionals who analyze market trends, conduct research, and execute investment decisions on behalf of the fund. The Rhode Island Management Agreement aims to optimize returns, diversify the portfolio, and manage risks effectively. Prudential Investments Fund Management, LLC utilizes their expertise and resources to make investment decisions that align with the fund's investment objectives and guidelines. Another type of Rhode Island Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC could be a revised or updated version of the agreement. This may occur when there is a change in regulations, investment strategies, or any other factors that require the agreement to be modified. Such updates ensure that the management agreement remains compliant with relevant laws and regulations while addressing the evolving needs and objectives of the fund.