Jennison Blend Fund
3 Stars 4 Stars
Class A Shares Class B, C and Z Shares
Morningstar Overall RatingTM out of 1,518 Large Growth funds, as of 10/31/2009.
Morningstar measures risk-adjusted returns. The overall rating is a weighted average based on the Fund's 3-, 5-, and 10-year star rating.

The Fund seeks long-term growth of capital by investing in the stocks of large, medium, and small companies.

See quarterly PDF version of this Fund Fact Sheet.
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Performance
Fund Share Prices as of market close, 11/20/2009
NAV# CHANGE##
Class A (Symbol: PBQAX) 14.40 Loss-0.07
Class B (Symbol: PBQFX) 13.85 Loss-0.07
Class C (Symbol: PRECX) 13.85 Loss-0.08
Class Z (Symbol: PEQZX) 14.39 Loss-0.08
# "NAV" (Net Asset Value) is the $U.S. value of a single share of a fund, excluding any sales charges.
## "CHANGE" shows the change in $U.S. value over the previous day:Gain= Gain, Loss= Loss,  No Change = No Change.
See Prices and Yields of other JennisonDryden mutual funds.



Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate and shares when sold may be worth more or less than the original cost. Maximum sales charges: Class A, 5.5%; Class B, 5.0%; and Class C, 1.0%.
Average Annual Total Returns
Total Return
(with sales charges)
as of 10/31/2009
Total Return
(without sales charges)
as of 10/31/2009
Lipper
Average
as of
10/31/2009
Class A B C Z A B C Z
Year-to-Date N/A N/A N/A N/A 29.96 29.15 29.24 30.25 17.99
1-Year 14.99 15.73 19.81 22.00 21.68 20.73 20.81 22.00 10.85
3-Year -6.20 -5.92 -5.12 -4.15 -4.41 -5.14 -5.12 -4.15 -6.61
5-Year 2.29 2.50 2.69 3.71 3.45 2.67 2.69 3.71 0.51
10-Year 1.42 1.23 1.24 2.26 2.00 1.23 1.24 2.26 -0.36
Since Incpt. 7.87 10.32 5.81 5.19 8.18 10.32 5.81 5.19 8.00
See Calendar Year Performance for the Jennison Blend Fund.
Total return describes the return to the investor before any sales charges are imposed. Lipper average is unmanaged, is based on the average return of all funds in this category, and does not take into consideration applicable sales charges. Unless noted otherwise, Lipper averages and index returns reflect performance beginning the closest month-end date to the Fund's inception. Benchmark since inception average is based on Class A inception date. SEC standardized return describes the return to the investor after maximum sales charges are imposed. All returns assume share price changes, as well as the compounding effect of reinvested dividends and capital gains. Returns may reflect fee waivers and/or expense reimbursements. Without such, returns would be lower.

Inception: Class A, 1/22/1990; Class B, 3/10/1982; Class C, 8/1/1994; Class Z, 3/1/1996.


Morningstar Ratings as of 10/31/2009

Class
Overall
3-Year
5-Year
10-Year
A
3 Stars
out of 1,518 funds
2 Stars
out of 1,518 funds
4 Stars
out of 1,251 funds
4 Stars
out of 663 funds
B
4 Stars
out of 1,518 funds
3 Stars
out of 1,518 funds
4 Stars
out of 1,251 funds
4 Stars
out of 663 funds
C
4 Stars
out of 1,518 funds
3 Stars
out of 1,518 funds
4 Stars
out of 1,251 funds
4 Stars
out of 663 funds
Z
4 Stars
out of 1,518 funds
3 Stars
out of 1,518 funds
4 Stars
out of 1,251 funds
4 Stars
out of 663 funds

The Morningstar Rating may not be customarily calculated based on adjusted historical returns. If so, this investment's independent Morningstar Rating metric is compared against the retail mutual fund universe breakpoints to determine its hypothetical rating for certain time periods. Other share classes may have different performance characteristics. Past performance does not guarantee future results. For each fund with at least a 3-year history, Morningstar calculates a Morningstar rating (based on a Morningstar risk-adjusted return measure that accounts for variation in a fund's monthly performance, including the effects of sales charges), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, and the next 35% receive 3 stars (each share class is rated separately, which may cause slight variations in the distribution percentages). The overall Morningstar rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar rating metrics. The Fund was rated against U.S.-domiciled funds.
© 2009 Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Growth of $10,000
Fund ReturnFund Return$12,717
Class A Benchmark Return*Benchmark Return$10,467
Fund/Benchmark Return Chart
*Lipper Large-Cap Core Funds Average
This chart represents historical performance and does not assume the effects of sales charges. If shown with sales charges, performance would have been lower. Lipper Large-Cap Core Funds invest at least 75% of their equity assets in companies with market caps greater than 300% of the dollar-weighted median market capitalization of the middle 1,000 securities of the S&P SuperComposite 1500 Index, have more latitude in companies in which they invest, and typically have an average price-to-earnings ratio, price-to-book ratio, and three-year sales-per-share growth value, compared to the S&P 500 Index. The S&P SuperComposite 1500 Index offers diversified market-cap U.S. market coverage. The S&P 500 provides a broad indicator of stock price movements. An investment cannot be made directly in an index.
Fund Facts & Holdings
Objective: Long-term growth of capital. There can be no assurance that the Fund's objective will be achieved.
Dividends: Paid semi-annually, if any.
Capital Gains: Paid semi-annually, if any.

See most recent complete Portfolio Holdings list.

The following information is as of 10/31/2009 and is subject to change.
Total Net Assets: $1.047 Billion
Largest Stock Holdings (% of Assets)
Occidental Petroleum 2.0 %
Goldman Sachs 1.9
Google 1.9
Petrobras Brasileiro 1.9
Apple Computer 1.6
Amazon 1.5
Microsoft 1.4
Visa 1.3
Symantec 1.2
Shire Pharmaceuticals 1.2
Top Ten (of 329) 15.9 %
Sector Breakdown (% of Assets)
Information Technology 24.2 %
Healthcare 15.4
Energy 13.2
Financials 11.1
Consumer Discretionary 10.8
Consumer Staples 8.9
Industrials 7.3
Materials 3.7
Other 4.8
Cash & Equivalents 0.6
Largest Industries (% of Assets)
Oil & Gas 11.2 %
Software 6.9
Healthcare Providers & Services 6.1
Capital Markets 5.4
Internet Software & Services 4.7
Target Allocation
Large Cap Growth 33.3 %
Large Cap Value 33.3
Small/Mid Cap 33.3
Fund Statistics
Average Weighted Market Capitalization ($mil) 30,376.0
Beta (3 Year) 1.01
P/E Ratio 15.3
Standard Deviation (3 Year) 21.09
Turnover Ratio (%) 80
All data is unaudited and subject to change.

The Fund may invest in foreign securities, which are subject to currency fluctuation and political uncertainty; small-and mid-cap stocks, which maybe subject to more erratic market movements than large-cap stocks; and derivative securities, which may carry market, credit, and liquidity risks. These risks may result in greater share price volatility. There is no assurance the Fund's objective will be achieved.

Average weighted market capitalization is the average market capitalization of stocks in a fund, each weighted by its proportion of assets. Beta measures a fund's sensitivity to changes in the overall market relative to its benchmark. P/E is the ratio of the sum of all market capitalizations in the portfolio divided by the sum of the total earnings of the same stocks. Standard deviation depicts how widely returns vary around its average and is used to understand the range of returns most likely for a given fund. A higher standard deviation generally implies greater volatility. Turnover (12-month) is the rate of trading in a portfolio; higher values imply more frequent trading. Beta is benchmarked against the S&P 500, an unmanaged index, which is a broad indicator of domestic stock price movements. An investment cannot be made directly in an index. Due to data availability, statistics may not be as of current reporting period.

Source: Prudential Investment Management, Inc. (PIM), Jennison Associates (both Prudential Financial companies), and Lipper Inc. Source of Sector classification: S&P/MSCI.
Fund Managers
New No Logo
Jennison Associates is one of the nation's leading managers of growth, value, blend, and specialty equity strategies. It has earned a reputation for excellence by fulfilling the needs of clients for more than 40 years. David Kiefer, Mehdi Mahmud, John P. Mullman, Spiros "Sig" Segalas, Blair Boyer, and Jason McManus are the portfolio managers for the Jennison Blend Fund.
Photo of David Kiefer David A. Kiefer, CFA, is a managing director and Large Cap Value/Blend equity portfolio manager. He has over 20 years of investment experience and joined Jennison in September 2000 as a result of the merger of Prudential's public equity asset management capabilities into Jennison's organization. David has been managing large-cap diversified assets since 1999 and the Large Cap Blend Equity strategy since 2000. Additionally, he became head of large cap value equity and began co-managing the Large Cap Value Equity strategy in 2004 and the Natural Resources Equity strategy in 2005. He managed the Jennison Utility Fund (formerly Prudential) from 1994 to June 2005. David joined Prudential's management training program in 1986. From 1988 to 1990 he worked at Prudential Power Funding Associates making loans to the utility and power industry. He left to attend business school, rejoining Prudential in equity asset management in 1992. David earned a B.S. from Princeton University and an M.B.A. from Harvard Business School.
Photo of Mehdi Mahmud Mehdi Mahmud is vice chairman and chief operating officer with Jennison, which he joined in March 2003. He is responsible for the investment supervision of Value, Blend, and Small Cap and the management of the Jennison Fundamental Alpha long/short strategies, as well as the day-to-day oversight of key support areas, including institutional and retail distribution strategy. Prior to joining Jennison, Mehdi was with Credit Suisse Asset Management (CSAM) from 1999 to 2003. At Credit Suisse, he was director of investment management and a member of the global investment business committee overseeing CSAM's investment capabilities worldwide, reporting to the global chief investment officer. From 1995 to 1999, Mehdi was with J.P. Morgan Investment Management as a portfolio manager for $4 billion in global balanced assets. While at J.P. Morgan, he conducted research relating to quantitative global macro trading models. Mehdi received a B.S. in electrical engineering from Yale University.
Photo of John Mullman John P. Mullman, CFA, is a managing director of Jennison, which he joined in August 2000. Prior to Jennison, Mr. Mullman was with Prudential, which he joined in 1987 as an associate in the corporate finance group, where he originated a variety of private placement investments, including fixed rate debt securities, leverage buyouts, ESOP financings, and asset-backed investments. From 1991 to 1995, he served as a vice president in Prudential's financial restructuring group, where he managed a $500 million portfolio of privately placed debt and equity securities in financially troubled or over-leveraged companies. Mr. Mullman has been managing institutional small-cap portfolios since 1996. He received his B.A. from the College of the Holy Cross in 1982 and his M.B.A. from Yale University in 1987. He is a member of The New York Society of Security Analysts, Inc. and the CFA Institute.
Photo of Spiros "Sig" Segalas Spiros "Sig" Segalas is president and chief investment officer and was one of the founders of Jennison Associates in 1969. In addition to managing institutional portfolios, Sig has managed the Harbor Capital Appreciation Fund since May 1990. He is also co-manager of the Jennison Blend Fund, Inc., the Jennison Growth Fund, the Jennison 20/20 Focus Fund and the Jennison Select Growth Fund. Sig was recognized as "Manager of the Decade" in 2000 by Mutual Fund magazine.

Sig has over 48 years of investment experience and began his investment career as a research analyst with Bankers Trust Company and was responsible for technology, aerospace, and conglomerate securities. He was appointed head of the Technology Group, and later was asked to manage a newly introduced commingled emerging growth fund, The Supplemental Equity Fund, for the bank's institutional clients. He was appointed to the bank's Investment Policy Group. Sig received a B.A. from Princeton University, after which he was an officer in the U.S. Navy. He also spent some time in the shipping and construction industries before joining Bankers Trust. Sig is a member of the New York Society of Securities Analysts.
Photo of Blair Boyer Blair Boyer is a managing director and Large Cap Growth/Blend Equity portfolio manager. He has over 25 years of investment experience and joined Jennison in 1993 after 10 years with Arnhold & S. Bleichroeder, Inc. In January 2003, Blair joined the growth equity team after co-managing international equity portfolios, where he managed the Jennison International Growth Fund. Prior to managing international equity portfolios at Bleichroder, he was a research analyst and later a senior portfolio manager in the Verus Capital division. Blair graduated from Bucknell University with a B.A. in economics and received an M.B.A. in finance from New York University.
Photo of Jason Macmanus Jason McManus is a vice president with Jennison, which he joined in July 1997. Since July 2003, Mr. McManus has worked on Jennison's quantitative research team. Prior to 2003, he worked as a research associate on Jennison's international equity team. Mr. McManus earned a B.S. in Economics and Computer Science from the University at Albany and received his M.B.A. in Quantitative Finance from New York University.
Consider a fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus contains this and other information about the fund. Read it carefully before investing. For more information about a fund, click on the prospectus link above.

Mutual funds are distributed by Prudential Investment Management Services LLC, a Prudential Financial company and member SIPC. JennisonDryden, Jennison, Dryden, Target, Pru, Prudential Financial, and the Rock Prudential logo are registered service marks of The Prudential Insurance Company of America, Newark, NJ, and its affiliates.

Mutual funds are not insured by the FDIC or any federal government agency, are not a deposit of or guaranteed by any bank or any bank affiliate, and may lose value.

0153490-00004-00        Ed. 10/2009