Pruco Life's and Pruco Life of NJ'sSurvivorship Variable Universal Life

Past performance does not guarantee future results. Current performance may be lower or higher than the past performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's units, when redeemed, may be worth more or less than their original cost.

Monthly Performance Review - 3/31/2021
Fund Information	Monthly Average Annual Total Returns As of - 3/31/2021							Quarterly Average Annual Total Returns As of - 3/31/2021
Variable Investment Subaccounts	Inception Date	YTD %	1 Year %	3 Years %	5 Years %	10 Years %	Since Inception %	1 Year %	5 Years %	10 Yrs/Since Inception %^††
Global/International:
AST International Value Portfolio ⁹Opens a PDF	5/01/1995	4.55	44.40	0.84	4.83	2.67	3.75	44.40	4.83	2.67
PSF Global Portfolio Opens a PDF	4/17/1989	4.80	53.51	12.22	13.12	9.46	6.08	53.51	13.12	9.46
PSF SP International Growth Portfolio Opens a PDF	9/22/2000	-0.79	57.94	13.39	14.29	8.01	2.88	57.94	14.29	8.01
T.Rowe Price International Stock Portfolio Opens a PDF	3/31/1994	2.64	49.15	7.84	10.07	5.68	4.52	49.15	10.07	5.68
Large-Cap Growth:
AST Loomis Sayles Large-Cap Growth Portfolio Opens a PDF	12/22/1997	2.81	52.17	18.86	18.64	14.62	9.29	52.17	18.64	14.62
AST T. Rowe Price Large Cap Growth Portfolio Opens a PDF	5/01/1996	1.39	63.22	20.64	22.37	16.39	8.97	63.22	22.37	16.39
Janus Henderson Research Portfolio Opens a PDF	9/13/1993	0.33	56.07	19.24	17.19	13.36	8.50	56.07	17.19	13.36
MFS Growth Series Portfolio Opens a PDF	7/24/1995	0.13	49.24	20.16	19.68	15.23	9.69	49.24	19.68	15.23
PSF Equity Portfolio Opens a PDF	4/17/1989	1.79	61.89	15.41	16.28	11.44	8.23	61.89	16.28	11.44
PSF Jennison Portfolio Opens a PDF	4/25/1995	-3.42	70.16	23.11	22.36	16.64	10.60	70.16	22.36	16.64
Large-Cap Blend:
PSF Stock Index Portfolio Opens a PDF	4/17/1989	5.85	54.53	15.40	14.96	12.60	9.00	54.53	14.96	12.60
Large-Cap Value:
AST Hotchkis & Wiley Large-Cap Value Portfolio ¹Opens a PDF	1/03/1994	18.10	85.38	9.92	12.38	10.56	6.77	85.38	12.38	10.56
PSF Value Portfolio Opens a PDF	4/17/1989	11.02	56.20	9.26	11.00	7.80	7.68	56.20	11.00	7.80
Mid-Cap Growth:
PSF SP Prudential U.S. Emerging Growth Portfolio Opens a PDF	9/22/2000	0.93	75.31	22.22	18.41	12.90	7.46	75.31	18.41	12.90
Mid-Cap Value:
American Century VP Value Fund Opens a PDF	5/01/1996	13.85	61.73	10.03	10.24	9.69	7.47	61.73	10.24	9.69
Small-/Mid-Cap Growth:
Franklin Small-Mid Cap Growth VIP Fund Opens a PDF	1/06/1999	0.04	85.30	22.17	19.28	12.14	8.28	85.30	19.28	12.14
Small-Cap Blend:
PSF SP Small Cap Value Portfolio Opens a PDF	9/22/2000	16.44	84.06	7.74	11.01	8.75	7.90	84.06	11.01	8.75
Small-Cap Growth:
AST Small-Cap Growth Portfolio ¹Opens a PDF	1/03/1994	3.44	101.81	20.86	20.84	12.98	8.39	101.81	20.84	12.98
Balanced:
PSF Conservative Balanced Portfolio Opens a PDF	4/17/1989	1.52	26.24	8.85	8.20	7.47	5.43	26.24	8.20	7.47
PSF Flexible Managed Portfolio Opens a PDF	4/17/1989	4.32	33.46	9.12	9.03	8.61	5.90	33.46	9.03	8.61
Fixed Income:
AST BlackRock/Loomis Sayles Bond Portfolio ⁴Opens a PDF	1/03/1994	-3.11	5.03	3.62	2.74	2.32	4.38	5.03	2.74	2.32
PSF Diversified Bond Portfolio Opens a PDF	4/17/1989	-4.39	6.13	4.31	3.73	3.95	5.01	6.13	3.73	3.95
PSF High Yield Bond Portfolio Opens a PDF	4/17/1989	2.53	27.14	7.33	7.95	6.10	3.30	27.14	7.95	6.10
Money Market:
PSF Government Money Market 7-Day Current Net Yield as of 3/31/2021:-0.94%Opens a PDF	4/17/1989	-0.23	-0.90	0.26	-0.02	-0.47	1.94	-0.90	-0.02	-0.47
Asset Allocation:
AST Balanced Asset Allocation Portfolio ²Opens a PDF	12/05/2005	2.13	32.24	8.35	8.59	6.99	5.66	32.24	8.59	6.99
AST BlackRock Global Strategies Portfolio ⁵Opens a PDF	4/29/2011	1.79	29.33	5.44	6.23	No data available	4.41	29.33	6.23	4.41
AST Preservation Asset Allocation Portfolio ³Opens a PDF	12/05/2005	-0.37	19.16	5.97	5.88	4.97	4.62	19.16	5.88	4.97
AST Wellington Management Hedged Equity Portfolio ²Opens a PDF	12/05/2005	3.32	27.55	7.30	7.65	6.12	4.49	27.55	7.65	6.12

The average annual total returns reflect the reinvestment of all dividends and capital gains, and the deduction of investment management fees, expenses, as well as contract’s specific Mortality and Expense Risk Charge. The returns do not reflect other life insurance policy charges (sales, administration, and actual cost of insurance) nor any applicable surrender or lapse charges, which would significantly lower the stated returns. You may obtain a personalized illustration, from your licensed financial professional, which reflects the cost of your policy's insurance protection.

The yield quotation more closely reflects the current earnings of the fund than the total return quotation.

The table above shows the historical performance of the subaccounts of Pruco Life’s Variable Universal Account, which was established, April 17, 1989. The performance in this table assumes that the subaccount was available from inception of the separate account that supports your variable life policy or, in cases where the subaccount was created after the separate account, from inception date of the subaccount. Performance may be hypothetical for periods prior to when the subaccount was added to the separate account, when indicated by a footnote.

PLEASE REVIEW THIS MATERIAL WITH A CURRENT VARIABLE PRODUCT PROSPECTUS, PRODUCT MATERIAL (product brochure or illustration).

Investors should consider the contract and the underlying portfolios' investment objectives, risks, and charges and expenses carefully before investing. The contract's prospectus and the underlying portfolio prospectus contain information relating to investment objectives, risks, and charges and expenses as well as other important information. You should read the prospectuses carefully before investing.

An investment in the Prudential Series Fund Government Money Market Portfolio is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Portfolio seeks to preserve the value of your investment at $10.00 per share, it is possible to lose money by investing in the Portfolio. The yield quotation more closely reflects the current earnings of the Money Market Portfolio than the total return quotation.

With respect to the SP Portfolios of The Prudential Series Fund, the Portfolio's investment manager (Prudential Investments LLC) is absorbing a portion of the expenses of certain portfolios. That expense absorption may be discontinued at any time. Absent such expense absorption, the performance quoted would be lower. Performance returns without the expense absorption are available without charge upon request from your variable life and variable annuity customer service call centers.

The Prudential Series Fund (PSF) and Advanced Series Trust (AST) investment portfolios are available to the public only through variable life and variable annuity contracts. The performance of these portfolios is not related to that of any other retail mutual funds, despite any similarities in their names, investment objectives or policies.

Life insurance policies contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. For cost and complete details for coverage, contact your licensed financial professional or refer to the prospectus.

Survivorship Variable Universal Life is issued by Pruco Life Insurance Company (except in New Jersey and New York, where it is issued by Pruco Life Insurance Company of New Jersey), and is distributed by Pruco Securities LLC (member SIPC). Both Pruco Life companies are located at 213 Washington Street, Newark, NJ 07102-2992 and Pruco Securities Corporation is located at 751 Broad Street, Newark, NJ 07102-3777. All are Prudential Financial companies. Each company is solely responsible for its own respective financial conditions and contractual obligations. Prudential, Prudential Investments, the Prudential logo, the Rock symbol, and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.

The policy contract number for Survivorship Variable Universal Life is SVUL-2000.

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††Since Inception returns are presented for investment options with less than ten years of performance, otherwise the performance reflects for the ten year period.

¹Performance for this subaccount is hypothetical prior to May 1, 2008, when it was added to the separate account.
²Performance for this subaccount is hypothetical prior to November 13, 2009, when it was added to the separate account.
³Performance for this subaccount is hypothetical prior to November 20, 2009, when it was added to the separate account.
⁴Performance for this subaccount is hypothetical prior to December 4, 2009, when it was added to the separate account.
⁵Performance for this subaccount is hypothetical prior to May 1, 2011, when it was added to the separate account.
⁶Performance for this subaccount is hypothetical prior to August 22, 2011, when it was added to the separate account.
⁷Performance for this subaccount is hypothetical prior to May 1, 2012, when it was added to the separate account.
⁸Performance for this subaccount is hypothetical prior to October 7, 2013, when it was added to the separate account.
⁹Performance for this subaccount is hypothetical prior to May 1, 2015, when it was added to the separate account.
¹⁰Effective August 16, 2010, the Oppenheimer Discovery Mid-Cap Growth Fund/VA was closed to new business.
¹¹Effective November 15, 2018, the Franklin Mutual Shares VIP Fund was closed to new money/additional deposits.
¹²Effective February 22, 2021, the AST J.P. Morgan Strategic Opportunities Portfolio was renamed the AST J.P. Morgan Tactical Preservation Portfolio.
¹³Effective February 23, 2021, the Real Property Account was closed to new direct investors and additional investments from existing shareholders.

1008767-00007-00 Ed.2/2021

Footnotes