Jennison Mid-Cap Growth Fund

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

	NAV^#	CHANGE^##
Class A (Symbol: PEEAX)	21.87	-0.08
Class B (Symbol: PEEBX)	19.70	-0.06
Class C (Symbol: PEGCX)	19.70	-0.07
Class R (Symbol: JDERX)	21.64	-0.08
Class Z (Symbol: PEGZX)	22.64	-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,

= 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	28.52	27.75	27.82	28.35	28.89	26.80
1-Year	12.66	13.35	17.42	18.98	19.56	19.21	18.35	18.42	18.98	19.56	16.74
3-Year	-2.52	-2.37	-1.36	-0.87	-0.37	-0.66	-1.38	-1.36	-0.87	-0.37	-5.45
5-Year	5.26	5.53	5.70	N/A	6.74	6.46	5.69	5.70	N/A	6.74	1.56
10-Year	2.66	2.48	2.49	N/A	3.51	3.24	2.48	2.49	N/A	3.51	1.60
Since Incpt.	7.74	7.40	7.41	4.51	8.49	8.21	7.40	7.41	4.51	8.49	4.65

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

See Calendar Year Performance for the Jennison Mid-Cap Growth 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, B, C, and Z, 12/31/1996; Class R, 6/3/2005.

Morningstar Ratings as of 10/31/2009

Class	Overall	3-Year	5-Year	10-Year
A	out of 749 funds	out of 749 funds	out of 636 funds	out of 328 funds
B	out of 749 funds	out of 749 funds	out of 636 funds	out of 328 funds
C	out of 749 funds	out of 749 funds	out of 636 funds	out of 328 funds
R	out of 749 funds	out of 749 funds	out of 636 funds	out of 328 funds
Z	out of 749 funds	out of 749 funds	out of 636 funds	out of 328 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	$15,335
Class A	^*Benchmark Return	$13,612

^*Lipper Mid-Cap Growth 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 Mid-Cap Growth Funds invest at least 75% of their equity assets in companies with market caps less than 300% of the dollar-weighted median market capitalization of the middle 1,000 securities of the S&P SuperComposite 1500 Index, typically have an above-average price-to-earnings ratio, price-to-book ratio, and three-year sales-per-share growth value, compared to the S&P MidCap 400 Index. The S&P SuperComposite 1500 Index offers diversified market-cap U.S. market coverage. The S&P MidCap 400 Index is generally considered representative of mid-sized U.S. companies. An investment cannot be made directly in an index.

Fund Facts & Holdings

Objective: Long-term capital appreciation. There can be no assurance that the Fund's objective will be achieved.

Dividends: Paid 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: $1.432 Billion

Largest Stock Holdings (% of Assets)
NII Holdings	3.3 %
Annaly Capital Management	3.2
Southwestern Energy	2.7
Crown Castle International	2.5
Check Point Software Technologies	2.1
Thermo Fisher Scientific	2.1
Verisign	2.1
American Tower	2.1
Ecolab	1.9
Express Scripts	1.8
Top Ten (of 80)	23.8 %

Sector Breakdown (% of Assets)
Information Technology	21.3 %
Healthcare	18.3
Consumer Discretionary	12.7
Industrials	11.7
Energy	8.1
Telecom. Services	7.9
Financials	7.1
Consumer Staples	6.2
Other	5.8
Cash & Equivalents	0.9

Largest Industries (% of Assets)
Healthcare Providers & Services	9.6 %
Wireless Telecommunication Services	7.9
Oil & Gas	6.2
Software	5.9
Specialty Retail	5.8

Fund Statistics
Average Weighted Market Capitalization ($mil)	7,872.2
Beta (3 Year)	0.82
P/E Ratio	19.3
Standard Deviation (3 Year)	20.08
Turnover Ratio (%)	76

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 risk 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 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 Russell MidCap® Growth Index which measures the performance of those Russell MidCap companies with high price-to-book ratios and high forecasted growth values. 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 the 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 Mid-Cap Growth 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 Mid-Cap Growth Fund:

Statement of Additional Information

See Sales Load Breakpoints.

See Prospectuses & Shareholder Reports of other JennisonDryden funds.