Dryden Global Real Estate Fund

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

	NAV^#	CHANGE^##
Class A (Symbol: PURAX)	16.18	-0.12
Class B (Symbol: PURBX)	16.00	-0.12
Class C (Symbol: PURCX)	16.00	-0.12
Class R (Symbol: PURRX)	16.14	-0.12
Class Z (Symbol: PURZX)	16.25	-0.13

# "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	28.73	27.97	27.97	28.41	29.10	26.43
1-Year	13.13	13.88	17.88	19.41	20.12	19.72	18.88	18.88	19.41	20.12	17.45
3-Year	-13.04	-12.76	-12.03	N/A	-11.15	-11.38	-12.03	-12.03	N/A	-11.15	-12.88
5-Year	1.98	2.21	2.38	N/A	3.40	3.14	2.38	2.38	N/A	3.40	0.80
10-Year	11.80	11.61	11.61	N/A	12.73	12.44	11.61	11.61	N/A	12.73	10.49
Since Incpt.	7.42	7.15	7.15	-18.09	8.23	7.95	7.15	7.15	-18.09	8.23	5.29

See Daily Returns and Quarterly SEC Standardized Performance.

See Calendar Year Performance for the Dryden Global Real Estate 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, 5/5/1998; Class R, 6/13/2008.

Morningstar Ratings as of 10/31/2009

Class	Overall	3-Year	5-Year	10-Year
A	out of 78 funds	out of 78 funds	out of 26 funds	out of 16 funds
B	out of 78 funds	out of 78 funds	out of 26 funds	out of 16 funds
C	out of 78 funds	out of 78 funds	out of 26 funds	out of 16 funds
R	out of 78 funds	out of 78 funds	out of 26 funds	out of 16 funds
Z	out of 78 funds	out of 78 funds	out of 26 funds	out of 16 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	$31,969
Class A	^*Benchmark Return	$27,276

^*Lipper Global Real Estate 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 Global Real Estate Funds Average includes funds that invest at least 25% but less than 75% of their equity portfolio in shares of companies engaged in the real estate industry that are strictly outside of the U.S. or whose securities are principally traded outside of the U.S. An investment cannot be made directly in an index.

Fund Facts & Holdings

Objective: Capital Appreciation and Income. 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.

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

Total Net Assets: $294 million

Largest Stock Holdings (% of Assets)
Simon Properties	4.8 %
Mitsubishi Estate	4.6
Westfield Group	4.5
Unibail-Rodamco	3.7
Mitsui Fudosan	3.6
Sun Hung Kai Properties	3.1
Cheung Kong Holdings	3.0
Sumitomo Realty & Development	2.2
Macerich	2.1
Vornado Realty Trust	2.0
Top Ten (of 126)	33.6 %

Sector Breakdown (% of Assets)
Diversified	37.6 %
Retail Property	28.8
Office Space	13.3
Residential	5.4
Industrial Property	4.0
Storage Property	3.9
Hotel/Resort & Entertainment Property	2.5
Healthcare Property	1.9
Other	2.6

Geographic Concentration
United States	34.1 %
Hong Kong	15.0
Japan	14.1
Australia	10.9
Singapore	6.0
France	5.1
United Kingdom	4.8
Netherlands	3.3
Brazil	2.8
Other	3.9

Fund Statistics
Average Weighted Market Capitalization ($mil)	9,905.8
Beta (3 Year)	0.98
Standard Deviation (3 Year)	30.83
Turnover Ratio (%)	67

See most recent complete Portfolio Holdings list.

All data is unaudited and subject to change.

Investing in real estate poses certain risks related to overall and specific economic conditions as well as risks related to individual property, credit, and interest-rate fluctuations. The Fund may involve additional risks due to its narrow focus; is nondiversified, so a loss resulting from a particular security or sector will have a greater impact on the Fund's return; invests in foreign securities, which are subject to currency fluctuation and political uncertainty; 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. 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/Citigroup BMI World Property Index which is a broad market index of more than 400 companies from 21 countries, and is available for a wide range of regions (including ex-U.S.) as well as by country. 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), Prudential Real Estate Investors, and Lipper Inc. PIM and PREI^® are both Prudential Financial companies.

Fund Managers

PREI is among the largest and most experienced global real estate investors. Its investment decisions are driven by keen, firsthand knowledge of regional real estate markets and the individual securities within those markets. PREI is a business unit of Prudential Investment Management, Inc., a Prudential Financial company.

Worldwide diversification. PREI is one of the few managers with the scale and expertise to seek the best opportunities in the worldwide real estate market. More than half of each portfolio is invested in a wide range of securities outside the United States.

Global strategy. PREI's Global Investment Committee analyzes international real estate markets and determines geographic allocations for its products. Each day portfolios are reviewed for security, property sector, region, and country weightings versus appropriate benchmarks.

Value based style. Managers analyze a universe of more than 450 real estate securities using both qualitative and quantitative tools. Team members focus on security valuations relative to underlying assets, growth prospects, company strategy, management track record, and cash flows.

Unique quantitative model. PREI uses its in-house Quantitative Security Model to rank the relative value of each security based on several financial variables. This input, along with the judgement of its regional real estate experts, plays a central role in security selection.

Marc Halle, Rick Romano, and Gek Lang Lee are the portfolio managers for the Dryden Global Real Estate Fund.

	Marc Halle is a Managing Director for PREI where he is responsible for U.S. Merchant Banking activities and oversees all public real estate securities investments in the U.S., Europe and Asia. Mr. Halle is also a Portfolio Manager for the PRECO series of real estate private equity funds and is the Senior Portfolio Manager for global real estate securities funds. Mr. Halle joined Prudential in 1999 from Alpine Management Research, LLC where he was the Chief Operating Officer and Portfolio Manager of the Alpine Realty Income Growth Fund. Mr. Halle was also the Co-Portfolio Manager for the Alpine U.S. Real Estate Equity Fund. Prior to forming Alpine, Mr. Halle was the Senior Real Estate Analyst and Associate Portfolio Manager with Evergreen Asset Management, Inc., where he was jointly responsible for research, investment analysis and portfolio recommendations for all real estate securities. Previously, Mr. Halle was Senior Vice President of W & M Properties, Inc., a national real estate investment firm that held interests in office, multifamily and retail properties, where he was responsible for acquisitions and finance as well as for supervising property operations and development. Mr. Halle serves on the Board of Directors of several privately held companies. He is also a member of the National Association of Real Estate Investment Trusts (NAREIT), and is affiliated with the International Council of Shopping Centers (ICSC). Mr. Halle also has been widely quoted in the financial media including CNBC, The Wall Street Journal, Forbes and Barron's. Mr. Halle holds an M.B.A. degree in Finance from New York University's Executive M.B.A. Program and a B.S., Magna Cum Laude, from the College of Engineering of Tufts University.
	Rick J. Romano, CFA, is a Principal for PREI. He is responsible for management of the group's U.S. public securities investments. Mr. Romano joined Prudential in 1998 from Rockefeller & Co., an investment management firm for the Rockefeller family and other high net worth clients. At Rockefeller & Co., Mr. Romano was an Equity Analyst for three investment partnerships totaling over US $4.0 billion in publicly traded securities. He was responsible for covering real estate and leisure stocks globally and served as a generalist covering domestic equity securities. Prior to joining Rockefeller & Co., Mr. Romano was a Senior Investment Analyst at the Prudential Realty Group where he worked on the valuation, asset management and portfolio management of a US $1.0 billion equity hotel portfolio. Mr. Romano currently serves on the boards of several private real estate companies. He is also a member of the CFA Institute (CFA), the New York Society of Security Analysts (NYSSA) and NAREIT. Mr. Romano received a B.A. from Rutgers College and an M.B.A. in Finance from New York University's Stern School of Business. In addition, he is a CFA charter holder.
	Gek Lang Lee, CFA, is a Principal and Portfolio Manager for PREI. Ms. Lee joined Prudential in June 2007 from Moon Capital LLC, where she was the global real estate sector head responsible for managing a portfolio of real estate stocks spanning Asia and Latin America. Ms. Lee joined Moon Capital in July 2005. Ms. Lee joined UBS AG in 1998 to head the Singapore equities research team where she was also the Singapore strategist and property analyst. She was credited with building the Singapore institutional research team. She also assisted the UBS investment banking team with REITs listings in Singapore. Ms. Lee was also head of Singapore equities at Indosuez W.I. Carr, as well as in charge of regional real estate research at the firm. She joined W.I. Carr in 1992. Prior to that Ms Lee worked as a real estate analyst at Phillip Securities. She joined Phillip Securities in 1990. Ms. Lee, who is based in Asia, holds a Bachelor of Science degree from the National University of Singapore and is a CFA charter holder.

Prospectus & Shareholder Reports

Dryden Global Real Estate Fund:

Statement of Additional Information

See Sales Load Breakpoints.

See Prospectuses & Shareholder Reports of other JennisonDryden funds.