JennisonDryden Mutual Funds Performance Review
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. The current maximum sales charges that may be applied to the funds listed below are Class A, 5.5%; Class B, 5.0%; Class C, 1.0%; Class F, 5.0%; Class L, 5.75%; Class M, 6.0%; and Class X, 6.0%.

 
Equity Funds
 Average Annual Total Returns 
Large-Cap StockTotal Return
(Without Sales Charges)
As of 10/31/08
Total Return
(With Sales Charges)

As of 10/31/08
Expense
Ratios
(%)
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Dryden Large-Cap Core Equity FundAPTMAX03/99-41.23-36.75-5.440.14-0.49-40.23-7.20-0.99-1.071.211.1602/28/08
BPTMBX03/99-41.66-37.22-6.12-0.60-1.22-40.36-7.07-0.80-1.221.91
CPTMCX03/99-41.59-37.22-6.12-0.60-1.22-37.85-6.12-0.60-1.221.91
L03/07-41.38-36.94-18.97-40.56-21.881.41
MDLEMX03/07-41.59-37.22-19.36-40.98-21.871.91
X03/07-40.92-36.51-18.81-40.32-21.331.91
ZPTEZX03/99-41.12-36.64-5.210.38-0.24-36.64-5.210.38-0.240.91
After-Tax Returns| Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Dryden Stock Index FundAPSIAX11/99-40.40-36.25-5.62-0.25-3.03-38.32-6.66-0.90-3.390.510.5101/31/08
BPBSIX11/99-40.83-36.77-6.36-1.00-3.77-39.91-7.29-1.20-3.771.33
CPSICX11/99-40.89-36.83-6.39-1.02-3.77-37.46-6.39-1.02-3.771.28
IPDSIX08/97-40.23-36.05-5.320.080.251.67-36.05-5.320.080.251.670.18
ZPSIFX11/92-40.26-36.11-5.390.010.167.03-36.11-5.390.010.167.030.24
After-Tax Returns| Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Dryden Strategic Value FundASUVAX03/01-40.09-36.18-6.010.04-0.72-39.69-7.76-1.09-1.461.321.2706/30/09
BSUVBX03/01-40.47-36.61-6.71-0.68-1.45-39.57-7.57-0.87-1.452.02
CSUVCX03/01-40.47-36.61-6.71-0.68-1.45-37.20-6.71-0.68-1.452.02
ZSUVZX03/01-39.97-36.05-5.780.29-0.48-36.05-5.780.29-0.481.02
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Dryden US Equity Active Extension FundADUEAX12/07-40.99-34.00-37.632.931.8912/31/09
ZDUEZX12/07-40.79-33.80-33.802.631.6412/31/09
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison 20/20 Focus FundAPTWAX07/98-42.88-38.61-4.874.654.543.97-41.98-6.643.473.953.401.221.2005/31/08
BPTWBX07/98-43.33-39.09-5.593.863.763.17-41.96-6.373.693.763.171.92
CPTWCX07/98-43.26-39.02-5.563.883.773.18-39.60-5.563.883.773.181.92
RJTWRX06/04-43.00-38.70-5.072.38-38.70-5.072.381.671.4205/31/09
ZPTWZX07/98-42.77-38.44-4.624.914.814.22-38.44-4.624.914.814.220.92
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Blend FundAPBQAX01/90-44.30-40.36-6.531.170.917.51-43.64-8.270.030.347.180.940.9104/30/08
BPBQFX03/82-44.72-40.81-7.210.420.169.95-43.48-8.020.240.169.951.64
CPRECX08/94-44.64-40.78-7.210.420.164.83-41.31-7.210.420.164.831.64
ZPEQZX03/96-44.14-40.18-6.271.431.173.97-40.18-6.271.431.173.970.64
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Conservative Growth FundATBDAX11/99-38.34-34.85-6.31-1.88-4.79-38.43-8.06-2.98-5.391.331.2811/30/09
BTBDBX11/99-38.89-35.34-7.02-2.60-5.50-38.04-7.80-2.76-5.502.03
CTBDCX11/99-38.81-35.47-7.08-2.64-5.52-36.01-7.08-2.64-5.522.03
LJCGLX03/07-38.51-35.13-17.63-38.86-20.611.53
MJCGMX03/07-38.81-35.34-17.95-38.58-20.102.03
XJCGRX03/07-38.81-35.47-18.06-38.70-20.201.70
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Growth FundAPJFAX11/95-39.70-36.38-7.60-0.61-0.493.78-39.88-9.33-1.73-1.053.321.071.0501/31/08
BPJFBX11/95-40.06-36.81-8.27-1.35-1.223.01-39.97-9.20-1.55-1.223.011.77
CPJFCX11/95-40.06-36.81-8.30-1.35-1.223.01-37.44-8.30-1.35-1.223.011.77
RPJGRX12/04-39.82-36.46-7.71-3.78-36.46-7.71-3.781.521.2701/31/09
ZPJFZX04/96-39.52-36.18-7.35-0.36-0.233.92-36.18-7.35-0.36-0.233.920.77
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Select Growth FundASPFAX06/00-40.20-36.00-8.22-1.19-7.16-39.52-9.93-2.30-7.781.811.7110/31/08
BSPFBX06/00-40.47-36.41-8.89-1.88-7.84-39.59-9.81-2.07-7.842.512.4610/31/08
CSPFCX06/00-40.60-36.54-8.95-1.92-7.86-37.17-8.95-1.92-7.862.512.4610/31/08
LJSGLX10/07-40.25-36.12-35.06-39.80-38.762.011.9610/31/08
MJSGMX10/07-40.47-36.41-35.39-40.23-38.592.512.4610/31/08
XJSGGX10/07-40.47-36.41-35.39-40.23-38.592.512.4610/31/08
ZSPFZX06/00-40.07-35.92-8.04-0.96-6.94-35.92-8.04-0.96-6.941.511.4610/31/08
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Value FundAPBEAX01/90-46.87-42.72-7.551.842.427.84-45.87-9.280.691.847.511.03
BPBQIX01/87-47.23-43.10-8.231.101.667.04-45.51-8.900.951.667.041.73
CPEICX08/94-47.23-43.13-8.251.091.655.50-43.61-8.251.091.655.501.73
L03/07-46.95-42.83-24.25-46.12-26.971.23
M03/07-47.20-43.08-24.60-45.97-26.581.73
RJDVRX06/05-46.97-42.81-7.84-4.85-42.81-7.84-4.851.481.2312/31/09
X03/07-46.78-42.69-24.30-45.60-26.291.73
ZPEIZX03/96-46.77-42.54-7.302.102.685.55-42.54-7.302.102.685.550.73
Calendar Year Performance |Quarterly SEC Standardized Performance
 Average Annual Total Returns 
Small/Mid-Cap StockTotal Return
(Without Sales Charges)
As of 10/31/08
Total Return
(With Sales Charges)

As of 10/31/08
Expense
Ratios
(%)
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Dryden Mid-Cap Value FundASPRAX04/04-41.36-36.25-7.73-1.42-39.76-9.46-2.641.531.4802/28/09
BSVUBX04/04-41.74-36.77-8.44-2.19-39.17-8.95-2.302.23
CNCBVX08/98-41.73-36.74-8.410.495.435.55-37.23-8.410.495.435.552.23
LNABVX08/98-41.45-36.41-7.940.995.956.07-40.06-9.74-0.205.335.451.73
MNBBVX08/98-41.19-36.10-8.130.675.535.64-39.02-8.820.475.535.642.23
XNBVZX08/98-41.22-36.07-7.551.045.705.81-38.97-8.230.745.705.811.23
ZSPVZX11/05-41.22-36.08-9.15-36.08-9.151.23
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Dryden Small-Cap Core Equity FundAPQVAX11/97-43.01-36.76-7.391.395.132.82-40.24-9.120.254.542.291.201.1802/28/08
BPQVBX11/97-43.43-37.18-8.090.654.352.05-40.32-9.010.454.352.051.90
CPQVCX11/97-43.40-37.18-8.090.654.352.05-37.81-8.090.654.352.051.90
RDCERX01/07-43.12-36.85-20.15-36.85-20.151.651.4002/28/09
ZPSQZX11/97-42.87-36.54-7.151.655.413.08-36.54-7.151.655.413.080.90
After-Tax Returns| Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Dryden Small-Cap Value FundAPZVAX11/99-34.05-29.08-5.773.158.33-32.98-7.531.997.651.42
BPZVBX11/99-34.40-29.58-6.472.397.52-32.31-7.052.277.522.12
CPZVCX11/99-34.40-29.58-6.472.397.52-30.12-6.472.397.522.12
L08/05-34.18-29.24-5.97-6.29-33.31-7.81-8.011.62
M08/05-33.67-28.80-6.11-6.51-32.12-6.89-7.062.12
X08/05-33.81-28.93-6.11-6.48-32.25-6.89-7.212.12
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Mid-Cap Growth FundAPEEAX12/96-40.60-33.64-1.804.466.577.33-37.29-3.633.295.966.821.21
BPEEBX12/96-40.97-34.12-2.513.705.776.52-37.41-3.493.525.776.521.91
CPEGCX12/96-40.97-34.12-2.513.705.776.52-34.78-2.513.705.776.521.91
L06/06-40.71-33.78-6.00-37.58-8.301.41
M06/06-40.96-34.11-6.50-38.06-8.081.91
RJDERX06/05-40.72-33.80-2.020.61-33.80-2.020.611.661.4112/31/09
X06/06-40.80-33.95-6.38-37.92-7.961.91
ZPEGZX12/96-40.43-33.46-1.524.726.837.60-33.46-1.524.726.837.600.91
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Small Company FundAPGOAX01/90-45.95-40.12-5.192.814.148.63-43.41-6.961.663.568.311.171.1501/31/08
BCHNDX11/80-46.42-40.79-6.031.973.338.71-43.61-6.741.843.338.711.87
CPSCCX08/94-46.33-40.56-5.912.053.376.30-41.13-5.912.053.376.301.87
L03/07-46.16-40.33-20.03-43.76-22.831.37
MJSCMX03/07-46.16-40.60-20.50-44.00-22.801.87
RJSCRX05/04-45.92-40.19-5.381.83-40.19-5.381.831.621.3701/31/09
X03/07-46.21-40.50-20.37-43.90-22.671.87
ZPSCZX03/96-45.85-39.95-5.033.034.386.10-39.95-5.033.034.386.100.87
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Small-Cap Opportunity FundAJNOAX06/08-35.10-38.671.711.5006/30/09
RJNORX06/08-35.10-35.102.161.7006/30/09
ZJNOZX06/08-35.00-35.001.411.2006/30/09
Calendar Year Performance |Quarterly SEC Standardized Performance
 Average Annual Total Returns 
SpecialtyTotal Return
(Without Sales Charges)
As of 10/31/08
Total Return
(With Sales Charges)

As of 10/31/08
Expense
Ratios
(%)
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Dryden Global Real Estate FundAPURAX05/98-52.71-47.81-6.815.9010.056.89-50.68-8.554.719.436.321.361.3407/31/08
BPURBX05/98-53.02-48.20-7.535.109.226.09-50.73-8.304.949.226.092.06
CPURCX05/98-53.00-48.20-7.535.109.226.09-48.71-7.535.109.226.092.06
RPURRX06/08-36.38-36.381.811.5607/31/09
ZPURZX05/98-52.58-47.69-6.616.1610.317.16-47.69-6.616.1610.317.161.06
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Equity Income FundASPQAX04/04-40.95-39.46-4.36-1.58-42.79-6.15-2.791.561.4002/28/09
BJEIBX04/04-41.40-39.89-5.09-2.37-42.07-5.76-2.522.262.1502/28/09
CAGOCX12/97-41.41-39.91-5.070.081.702.03-40.34-5.070.081.702.032.262.1502/28/09
LAGOAX12/97-41.12-39.63-4.590.582.202.53-43.10-6.46-0.601.601.971.761.6502/28/09
MAGOBX12/97-41.40-39.89-5.090.101.692.05-42.51-5.99-0.181.692.052.262.1502/28/09
XAXGOX12/97-41.25-39.74-5.000.151.712.06-42.35-5.90-0.281.712.062.262.1502/28/09
ZJDEZX08/08-27.67-27.671.351.1702/28/09
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Equity Opportunity FundAPJIAX11/96-46.01-41.19-7.27-0.415.826.99-44.42-9.00-1.535.226.491.111.0901/31/08
BPJIBX11/96-46.33-41.56-7.81-1.125.046.21-43.97-8.37-1.245.046.211.81
CPJGCX11/96-46.33-41.56-7.85-1.125.046.21-42.04-7.85-1.125.046.211.81
RPJORX12/04-46.09-41.27-7.36-5.17-41.27-7.36-5.171.561.3101/31/09
ZPJGZX11/96-45.88-40.96-6.89-0.116.107.29-40.96-6.89-0.116.107.290.81
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Financial Services FundAPFSAX06/99-45.19-41.15-7.95-1.602.15-44.39-9.67-2.711.531.461.4403/31/08
BPUFBX06/99-45.44-41.58-8.61-2.341.39-43.99-9.21-2.451.392.16
CPUFCX06/99-45.44-41.58-8.61-2.341.39-42.06-8.61-2.341.392.16
ZPFSZX06/99-44.97-40.99-7.70-1.372.40-40.99-7.70-1.372.401.16
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Health Sciences FundAPHLAX06/99-30.52-27.85-1.049.9911.45-31.82-2.898.7610.781.221.2003/31/08
BPHLBX06/99-30.97-28.40-1.789.1710.62-31.63-2.569.0310.621.92
CPHLCX06/99-30.94-28.39-1.789.1810.62-29.04-1.789.1810.621.92
L11/05-30.65-28.01-3.00-32.14-4.941.42
M11/05-30.94-28.40-3.50-32.27-4.591.92
X11/05-30.05-27.33-2.52-31.28-3.631.92
ZPHSZX06/99-30.35-27.68-0.7910.2911.75-27.68-0.7910.2911.750.92
Calendar Year Performance |Quarterly SEC Standardized Performance
Fund Name/
Class
Nasdaq
Symbol
Incep
Date
Daily
YTD
11/18/08
1-
Year
3-
Year
5-
Year
10-
Year
Life1-
Year
3-
Year
5-
Year
10-
Year
LifeGrossNetDate*
Jennison Natural Resources FundAPGNAX01/90-57.72-52.83-1.6413.1915.7710.23-55.42-3.4811.9115.129.901.17