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| Class A 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 investing in a focused portfolio of primarily larger-cap stocks believed to have sustainable, above-market growth in revenues, earnings, and cash flows.
See quarterly PDF version of this Fund Fact Sheet. |
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| Class | A | B | C | Z | A | B | C | Z | |
| Year-to-Date | N/A | N/A | N/A | N/A | -9.43 | -9.84 | -9.84 | -9.33 | -7.19 |
| 1-Year | -0.08 | -0.02 | 3.98 | 6.06 | 5.74 | 4.98 | 4.98 | 6.06 | 3.88 |
| 3-Year | -5.18 | -5.04 | -4.07 | -3.13 | -3.38 | -4.07 | -4.07 | -3.13 | -7.60 |
| 5-Year | -0.74 | -0.54 | -0.34 | 0.64 | 0.39 | -0.34 | -0.34 | 0.64 | -0.96 |
| 10-Year | -5.07 | -5.23 | -5.23 | -4.29 | -4.53 | -5.23 | -5.23 | -4.29 | -4.53 |
| Since Incpt. | -4.20 | -4.38 | -4.38 | -3.42 | -3.67 | -4.38 | -4.38 | -3.42 | -3.30 |
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, 6/1/2000.
Objective: Seeks to provide long-term 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 7/31/2010 and is subject to change.
Total Net Assets: $174 million
| Apple Computer | 5.6 % |
| Amazon | 3.8 |
| NetApp | 3.7 |
| VMware | 3.6 |
| Walt Disney | 3.6 |
| Hewlett-Packard | 3.2 |
| Nike | 3.0 |
| Schlumberger | 3.0 |
| Visa | 2.9 |
| Google | 2.9 |
| Top Ten (of 43) | 35.3% |
| Information Technology | 41.9 % |
| Consumer Discretionary | 19.3 |
| Healthcare | 13.0 |
| Industrials | 8.2 |
| Energy | 5.4 |
| Consumer Staples | 4.5 |
| Financials | 4.5 |
| Cash & Equivalents | 3.2 |
| Computer Systems/Peripherals | 12.5 % |
| Software | 8.2 |
| IT Services | 7.8 |
| Textiles & Apparel | 6.4 |
| Aerospace/Defense | 5.8 |
| Average Weighted Market Capitalization ($mil) | 71,034.2 |
| Beta (3 Year) | 0.96 |
| P/E Ratio | 21.1 |
| Standard Deviation (3 Year) | 20.79 |
| Turnover Ratio (%) | 85 |
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 risk 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 Russell 1000® Growth Index which contains those securities in the Russell 1000 Index with a greater-than-average growth orientation. Companies in this index tend to exhibit higher price-to-book and price-to-earnings ratios. The index and Russell are trademarks of the Frank Russell Company. 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), 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. Kathleen McCarragher and Spiros "Sig" Segalas are the portfolio managers for the Prudential Jennison Select Growth Fund.
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Kathleen A. McCarragher is a managing director, head of growth equity, and Large Cap Growth Equity portfolio manager. She joined Jennison Associates as an executive vice president and portfolio manager in May 1998, and was appointed head of growth equity in 2003. Prior to Jennison, Kathleen spent six years with Weiss, Peck & Greer where she was a managing director and the director of large cap growth equities. In addition, she spent 10 years with State Street Research and Management Company, initially as a research analyst responsible for healthcare, transports, and financials, and then as a portfolio manager and member of the Investment Committee. Kathleen graduated summa cum laude from the University of Wisconsin with a B.B.A. and received an M.B.A. from Harvard Business School. She is a member of the Board of Advisors for the Appalachian Mountain Club and the Board of Trustees for The Gateway 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 Select Growth Fund:
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