| Class |
A
|
B
|
C
|
Z
|
A
|
B
|
C
|
Z
|
|
| Year-to-Date |
N/A |
N/A |
N/A |
N/A |
11.74 |
11.16 |
11.03 |
12.03 |
17.99 |
| 1-Year |
-0.40 |
-0.33 |
3.67 |
5.83 |
5.40 |
4.67 |
4.67 |
5.83 |
10.85 |
| 3-Year |
-10.26 |
-10.13 |
-9.22 |
-8.28 |
-8.55 |
-9.22 |
-9.22 |
-8.28 |
-6.61 |
| 5-Year |
-1.73 |
-1.54 |
-1.34 |
-0.34 |
-0.61 |
-1.34 |
-1.34 |
-0.34 |
0.51 |
| 10-Year |
-1.70 |
-1.87 |
-1.87 |
-0.88 |
-1.14 |
-1.87 |
-1.87 |
-0.88 |
-0.36 |
| Since Incpt. |
-0.48 |
-0.69 |
-0.69 |
0.32 |
0.05 |
-0.69 |
-0.69 |
0.32 |
0.47 |
| Class |
A
|
B
|
C
|
Z
|
A
|
B
|
C
|
Z
|
|
| Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
17.06 |
| 1-Year |
-0.57 |
-0.37 |
3.63 |
5.59 |
-0.07 |
-0.17 |
2.43 |
4.05 |
9.80 |
| 3-Year |
-10.37 |
-10.15 |
-9.24 |
-8.43 |
-8.56 |
-8.47 |
-7.72 |
-6.93 |
-7.02 |
| 5-Year |
-1.83 |
-1.55 |
-1.35 |
-0.48 |
-1.45 |
-1.30 |
-1.13 |
-0.27 |
0.33 |
| 10-Year |
-1.75 |
-1.87 |
-1.87 |
-0.95 |
-1.42 |
-1.57 |
-1.57 |
-0.74 |
-0.95 |
| Since Incpt. |
-0.53 |
-0.69 |
-0.69 |
0.25 |
-0.40 |
-0.58 |
-0.58 |
0.28 |
0.08 |
Objective: Seeks to provide long-term after-tax growth of capital. There can be no assurance that the Fund's objective will be achieved.
Dividends: Paid annually, if any.
Capital Gains: Paid annually, if any.
The following information is as of 10/31/2009 and is subject to change.
Total Net Assets: $311 million
| ExxonMobil |
3.6
% |
| JPMorgan Chase |
2.1 |
| IBM |
2.0 |
| Apple Computer |
2.0 |
| Chevrontexaco |
1.9 |
| AT&T |
1.9 |
| Johnson & Johnson |
1.8 |
| Cisco Systems |
1.7 |
| Procter and Gamble |
1.7 |
| Intel |
1.7 |
|
Top Ten (of 290)
|
20.4
%
|
| Information Technology |
20.2
% |
| Healthcare |
13.9 |
| Financials |
13.0 |
| Energy |
12.1 |
| Consumer Staples |
11.2 |
| Consumer Discretionary |
9.7 |
| Industrials |
9.2 |
| Materials |
3.5 |
| Other |
5.9 |
| Cash & Equivalents |
1.3 |
| Oil & Gas |
11.1
% |
| Computer Systems/Peripherals |
7.1 |
| Pharmaceuticals |
6.3 |
| Diversified Financials |
4.1 |
| Semiconductors & Equipment |
3.4 |
| Average Weighted Market Capitalization ($mil) |
70,147.3 |
| Beta (3 Year) |
0.99 |
| P/E Ratio |
16.0 |
| Standard Deviation (3 Year) |
19.07 |
| Turnover Ratio (%) |
96 |
All data is unaudited and subject to change.
The Fund may invest in foreign securities, which are subject to currency fluctuation and political uncertainty; and derivative securities, which may carry market, credit, and liquidity risks. The Fund may use hedging techniques to help achieve its objective. 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-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 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 the current reporting period.
Source: Prudential Investment Management, Inc. (PIM) and Lipper Inc. PIM is a Prudential Financial company. Source of Sector classification: S&P/MSCI.
The Dryden Large-Cap Core Equity Fund is co-managed by Margaret Stumpp, Ph.D., Ted Lockwood, Daniel Carlucci, CFA, Peter Xu, Ph.D., and Stacie L. Mintz, each of whom is a member of Quantitative Management Associates (QMA). They lead a team of 31 investment professionals, seven of whom hold Ph.D.s, with over 200 years of combined investment experience. Quantitative Management Associates, LLC is a wholly owned subsidiary of Prudential Investment Management, Inc., a Prudential Financial company.
|
Ted Lockwood is a Managing Director of QMA. He is responsible for managing portfolios, investment research, and new product development for QMA. Mr. Lockwood joined QMA's predecessor in 1988. Previously, he was with AT&T and a member of the technical staff at AT&T Bell Laboratories. Mr. Lockwood graduated summa cum laude with a BS in Engineering from SUNY-Stony Brook University and received an MS in Engineering and an MBA in Finance from Columbia University.
|
|
Margaret S. Stumpp, Ph.D. is the Chief Investment Officer of QMA. Ms. Stumpp is responsible for portfolio management and investment strategy for the Fund. She is portfolio manager for QMA's enhanced index equity portfolios for institutional investors and mutual fund clients. She is extensively involved in quantitative research in asset allocation, security selection and portfolio construction for QMA. Previously, Ms. Stumpp was employed by the AT&T Treasury department and by Price Waterhouse as a senior consultant. In both positions, she was responsible for providing expert testimony on economic and financial matters. She has published articles on finance and economics in numerous publications, including The Financial Analysts Journal, The Journal of Portfolio Management, The Journal of Investment Management and Award Papers in Public Utility Economics. Ms. Stumpp earned a BA cum laude with distinction in Economics from Boston University, and holds an MA and a PhD in Economics from Brown University.
|
|
Daniel Carlucci, CFA, is a vice president and portfolio advisor for QMA. Dan has over 21 years of investment experience. He assists with the management of several quantitative portfolios, specifically large-cap and small-cap portfolios as well as tax-managed portfolios for high-net-worth investors. Prior to his current assignment, Dan was an investment analyst with Quantitative Management Associates' Value Equity team where he assisted with the management of quantitative large-cap institutional portfolios. He joined Prudential Financial in 1984. Dan holds a B.S. in finance and an M.B.A. in finance from Rutgers University.
|
|
Peter Xu, Ph.D., is a managing director at QMA and has over 15 years of investment experience. He conducts equity market research, the results of which are used in the stock selection process for all quantitative core equity portfolios. He has published articles in various journals, including The Financial Analysts Journal, The Journal of Portfolio Management, Review of Quantitative Finance and Accounting, and Review of Pacific Basin Financial Markets and Policies. Previously, Peter taught at the business school at the University of Houston. He earned a B.S. in nuclear physics from Fudan University in Shanghai, an M.A. in economics from Rice University, and a Ph.D. in finance from the University of Houston.
|
|
Stacie L. Mintz is a principal and portfolio manager for QMA. Stacie manages the overall asset allocation for several large pension plans, including Prudential's own pension plan. In addition, she manages several retail balance portfolios and an institutional tax-managed equity fund. Stacie started with Prudential Financial in 1992 as a member of the Comptroller's Group. She joined QMA in 1994 to work with the balanced management business. In 1997 she became a member of QMA's Investment Committee. Stacie earned a B.A. in economics from Rutgers University and an M.B.A. in finance from New York University. She has over 15 years of investment experience.
|
Dryden Large-Cap Core Equity Fund: