Jennison Small Company Fund

Fund Share Prices as of market close, 11/20/2009

	NAV^#	CHANGE^##
Class A (Symbol: PGOAX)	15.17	-0.06
Class B (Symbol: CHNDX)	11.46	-0.05
Class C (Symbol: PSCCX)	11.55	-0.05
Class R (Symbol: JSCRX)	15.04	-0.06
Class Z (Symbol: PSCZX)	15.83	-0.07

# "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,

= Loss,

= 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	R	Z	A	B	C	R	Z
Year-to-Date	N/A	N/A	N/A	N/A	N/A	22.80	21.59	22.05	22.41	23.06	19.42
1-Year	12.80	12.93	17.41	18.91	19.66	19.37	17.93	18.41	18.91	19.66	11.82
3-Year	-7.21	-7.16	-6.17	-5.67	-5.27	-5.44	-6.41	-6.17	-5.67	-5.27	-7.82
5-Year	3.12	3.23	3.51	4.05	4.50	4.30	3.35	3.51	4.05	4.50	0.82
10-Year	5.76	5.48	5.56	N/A	6.59	6.36	5.48	5.56	N/A	6.59	6.19
Since Incpt.	8.84	9.01	7.05	4.75	7.04	9.15	9.01	7.05	4.75	7.04	9.58

See Daily Returns,and Quarterly SEC Standardized Performance, and L, M, and X Performance.

See Calendar Year Performance for the Jennison Small Company 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, 11/13/1980; Class C, 8/1/1994; Class R, 5/10/2004; Class Z, 3/1/1996.

Morningstar Ratings as of 10/31/2009

Class	Overall	3-Year	5-Year	10-Year
A	out of 669 funds	out of 669 funds	out of 554 funds	out of 318 funds
B	out of 669 funds	out of 669 funds	out of 554 funds	out of 318 funds
C	out of 669 funds	out of 669 funds	out of 554 funds	out of 318 funds
R	out of 669 funds	out of 669 funds	out of 554 funds	out of 318 funds
Z	out of 669 funds	out of 669 funds	out of 554 funds	out of 318 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 Return	$19,112
Class A	^*Benchmark Return	$20,227

^*Lipper Small-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 Small-Cap Core Funds invest at least 75% of their equity assets in companies with market caps less than 250% of the dollar-weighted median market capitalization of the smallest 500 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 SmallCap 600 Index. The S&P SuperComposite 1500 Index offers diversified market-cap U.S. market coverage. The S&P SmallCap 600 Index is generally considered representative of small-sized U.S. companies. An investment cannot be made directly in an index.

Fund Facts & Holdings

Objective: Seeks capital growth. There can be no assurance that the Fund's objective will be achieved.

Dividends: Paid semi-annually, if any.

Capital Gains: Paid annually, if any.

See Dividend and Capital Gains Distributions.

See most recent complete Portfolio Holdings list.

The following information is as of 10/31/2009 and is subject to change.

Total Net Assets: $1.385 Billion

Largest Stock Holdings (% of Assets)
SBA Communications	2.6 %
United Natural Foods	1.7
Stancorp Financial Group	1.7
Eaton Vance	1.6
PSS World Medical	1.6
NTELOS Holdings	1.6
Beckman Coulter	1.6
Commscope	1.5
Quest Software Inc.	1.5
CommVault Systems	1.5
Top Ten (of 115)	16.9 %

Sector Breakdown (% of Assets)
Information Technology	19.0 %
Industrials	16.6
Healthcare	14.4
Financials	14.1
Consumer Discretionary	9.6
Energy	7.2
Consumer Staples	6.9
Telecom. Services	5.8
Other	3.6
Cash & Equivalents	2.8

Largest Industries (% of Assets)
Healthcare Providers & Services	9.2 %
Oil & Gas	5.4
Real Estate Investment Trusts	4.9
Insurance	4.7
Semiconductors & Equipment	4.2

Fund Statistics
Average Weighted Market Capitalization ($mil)	1,827.4
Beta (3 Year)	1.01
P/E Ratio	17.0
Standard Deviation (3 Year)	24.25
Turnover Ratio (%)	70

All data is unaudited and subject to change.

The Fund may invest in small- and mid-cap stocks, which may be subject to more erratic market movements than large-cap stocks; foreign securities, which are subject to currency fluctuation and political uncertainty; short sales, which involve costs and the risks of potentially unlimited losses; 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 corporations in a fund weighted by the percentage of the holding in the fund. Beta measures a fund's sensitivity to changes in the overall market over the past three years relative to the fund's benchmark. Price/earnings ratio, or Price-to-Earnings ratio (P/E), measures overall valuation. It is calculated using a harmonic weighted average, which represents the ratio of the portfolio's total market value to the total earnings of the portfolio. Standard deviation is a statistical measurement that depicts how widely returns varied over the past three years. The measurement is generally used to understand the range of returns that are most likely for a given fund. When a fund has a high standard deviation, the range of performance may be wider, implying greater volatility. Turnover is annual sales divided by the average portfolio value. It tells us the weighted average holding period over a 12-month timeframe of the portfolio. Beta is benchmarked against the Russell 2500^TM Index which measures the performance of the 2,500 smallest companies in the Russell 3000 Index, which represents approximately 16% of the total market capitalization of the Russell 3000 Index. The index and Russell are trademarks of the Frank Russell Company. 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

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. John P. Mullman is the portfolio manager for the Jennison Small Company Fund.

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.

Prospectus & Shareholder Reports

Jennison Small Company Fund:

Statement of Additional Information

See Sales Load Breakpoints.

See Prospectuses & Shareholder Reports of other JennisonDryden funds.