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| Class A, B, C and R Shares | | Class Z Shares | |
Morningstar Overall RatingTM out of 1,511 Large Growth funds, as of 7/31/2010.
Morningstar measures risk-adjusted returns. The overall rating is a weighted average based on the Fund's 3-, 5-, and 10-year star rating.
The Fund seeks long-term growth of capital by combining value and growth investment styles in one portfolio of approximately 20 growth and 20 value stocks.
See quarterly PDF version of this Fund Fact Sheet. |
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| Class | A | B | C | R | Z | A | B | C | R | Z | |
| Year-to-Date | N/A | N/A | N/A | N/A | N/A | -13.24 | -13.66 | -13.65 | -13.37 | -13.11 | -4.60 |
| 1-Year | -2.46 | -2.52 | 1.48 | 3.00 | 3.51 | 3.22 | 2.48 | 2.48 | 3.00 | 3.51 | 4.93 |
| 3-Year | -6.65 | -6.46 | -5.53 | -5.07 | -4.61 | -4.87 | -5.56 | -5.53 | -5.07 | -4.61 | -8.65 |
| 5-Year | 1.02 | 1.25 | 1.44 | 1.96 | 2.44 | 2.17 | 1.41 | 1.44 | 1.96 | 2.44 | -0.91 |
| 10-Year | 2.03 | 1.85 | 1.86 | N/A | 2.87 | 2.61 | 1.85 | 1.86 | N/A | 2.87 | -1.81 |
| Since Incpt. | 4.87 | 4.57 | 4.57 | 5.49 | 5.62 | 5.36 | 4.57 | 4.57 | 5.49 | 5.62 | 1.13 |
Objective: Long-term capital growth. 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 7/31/2010 and is subject to change.
Total Net Assets: $2.311 Billion
| Apple Computer | 3.4 % |
| NetApp | 2.7 |
| Precision Castparts | 2.7 |
| Hewlett-Packard | 2.6 |
| Walt Disney | 2.5 |
| Amazon | 2.5 |
| Nike | 2.4 |
| Boeing | 2.4 |
| Juniper Networks | 2.4 |
| Adobe Systems | 2.3 |
| Top Ten (of 20) | 25.9% |
| Bunge | 3.2 % |
| Sempra Energy | 3.1 |
| Viacom | 3.1 |
| Newmont Mining | 3.1 |
| H & R Block | 2.9 |
| Liberty Global | 2.9 |
| Kraft Foods Inc. - Class A | 2.8 |
| IAC/InterActive | 2.8 |
| Anadarko Petroleum | 2.8 |
| Southwestern Energy | 2.7 |
| Top Ten (of 20) | 29.4% |
| Information Technology | 32.2 % |
| Consumer Discretionary | 18.5 |
| Energy | 13.2 |
| Consumer Staples | 8.7 |
| Industrials | 7.8 |
| Materials | 7.2 |
| Healthcare | 4.5 |
| Utilities | 3.1 |
| Financials | 2.1 |
| Cash & Equivalents | 2.7 |
| Oil, Gas & Consumable Fuels | 11.6 % |
| Computer Systems/Peripherals | 8.7 |
| Food Products | 8.7 |
| Media | 8.5 |
| Software | 7.5 |
| Average Weighted Market Capitalization ($mil) | 47,275.3 |
| Beta (3 Year) | 1.04 |
| P/E Ratio | 15.5 |
| Standard Deviation (3 Year) | 23.85 |
| Turnover Ratio (%) | 102 |
All data is unaudited and subject to change.
The Fund may invest in foreign securities, which are subject to currency fluctuation and political uncertainty; short sales, which involve costs and the risks of potentially unlimited losses; and derivative securities, which may carry market, credit, and liquidity risks. The Fund is nondiversified, so a loss resulting from a particular security will have a greater impact on the Fund's return. 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. The P/E ratio (Source: Morningstar, Inc.) relates the price of a stock to the per-share earnings of the company. P/E is calculated using a harmonic weighted average, which excludes outliers that can easily skew results. 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 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), Jennison Associates (both Prudential Financial companies), and Lipper Inc.
Source of Sector classification: S&P/MSCI. *This figure is comprised of companies that have been classified by S&P/MSCI GICS or classified by Jennison Associates LLC. Companies classified by Jennison Associates LLC are not sponsored by the S&P/MSCI GICS classification system.
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. David A. Kiefer and Spiros "Sig" Segalas are the portfolio managers for the Prudential Jennison 20/20 Focus Fund.
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David A. Kiefer, CFA, is a managing director and Large Cap Value/Blend equity portfolio manager. He joined Jennison in September 2000 as a result of the merger of Prudential's public equity asset management capabilities into Jennison's organization. David has been managing large-cap diversified assets since 1999 and the Large Cap Blend Equity strategy since 2000. Additionally, he became head of large cap value equity and began co-managing the Large Cap Value Equity strategy in 2004 and the Natural Resources Equity strategy in 2005. He managed the Prudential Jennison Utility Fund from 1994 to June 2005. David joined Prudential's management training program in 1986. From 1988 to 1990 he worked at Prudential Power Funding Associates making loans to the utility and power industry. He left to attend business school, rejoining Prudential in equity asset management in 1992. David earned a B.S. from Princeton University and an M.B.A. from Harvard Business School.
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Spiros "Sig" Segalas is president and chief investment officer and was one of the founders of Jennison Associates in 1969. In addition to managing institutional portfolios, Sig has managed the Harbor Capital Appreciation Fund since May 1990. He is also co-manager of the Prudential Jennison Blend Fund, Inc., the Prudential Jennison Growth Fund, the Prudential Jennison 20/20 Focus Fund and the Prudential Jennison Select Growth Fund. Sig was recognized as "Manager of the Decade" in 2000 by Mutual Fund magazine.
Sig has over 49 years of investment experience and began his investment career as a research analyst with Bankers Trust Company and was responsible for technology, aerospace, and conglomerate securities. He was appointed head of the Technology Group, and later was asked to manage a newly introduced commingled emerging growth fund, The Supplemental Equity Fund, for the bank's institutional clients. He was appointed to the bank's Investment Policy Group. Sig received a B.A. from Princeton University, after which he was an officer in the U.S. Navy. He also spent some time in the shipping and construction industries before joining Bankers Trust. Sig is a member of the New York Society of Securities Analysts.
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Prudential Jennison 20/20 Focus Fund:
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