Advanced Strategies Portfolio
Advanced Series Trust
Fact Sheet as of 06/30/2016
Investment Objective
Share Class
Seeks high level of absolute return by using traditional and non-traditional investment
strategies and investing in domestic and foreign equity and fixed income securities,
derivative instruments and other investment companies. There can be no guarantee
that the investment objective will be achieved.
Alternative Other Funds
Performance Overview
Fund Overview Based on Share Class
Cumulative
Advanced:Adv Strat
Annualized
QTD
YTD
1 Yr
3 Yr
5 Yr
10 Yr
Since
Incep
2.43
3.52
2.36
7.16
7.01
5.86
5.59
Class I
Lipper Classification
CUSIP
Benchmark1
00767H709
S&P 500 Index
Inception Date
Total Net Assets ($M)
S&P 500 Index1
2.46
3.84
3.99
11.66
12.10
7.42
-
Total Expense Ratio (%)
03/20/2006
8,387.60
0.95
Fund Manager Benchmark
1
Past performance does not guarantee future returns. The investment
return and principal value of an investment will fluctuate so that the
units, when redeemed, may be worth more or less than their original
cost. Current performance may be lower or higher than the past
performance data quoted. Performance information as of the most
recent month-end is available upon request.
Growth of $10,000 Initial Investment
Risk Statistics 3-year
Alpha*
-0.07
Beta*
0.71
R-Squared*
0.92
Tracking Error*
4.04
Annualized Standard Deviation
8.17
Sharpe Ratio
0.87
*Risk Statistics are measured against the Benchmark.
$22,000
$20,000
$18,000
Fund Characteristics
$16,000
Number of Holdings
$14,000
Price to Earning Ratio
$12,000
Weighted Average Market Cap ($M)
$10,000
Turnover (%)
$8,000
$6,000
06/2006 06/2007 06/2008 06/2009 06/2010 06/2011 06/2012 06/2013 06/2014 06/2015 06/2016
S&P 500 Index ($20,465)
Advanced Strategies Portfolio ($17,670)
The Fund is available to the public only through variable life and variable annuity
contracts. The performance of the Fund is not related to that of any other retail
mutual fund, despite any similarities in its name, investment objective or policy.
The rates of return reflect the reinvestment of all dividends and capital gains,
and the deduction of investment management fees and expenses. They do not
reflect other charges specific to your contract such as premium loads, cost of
insurance, administrative charges, transfer charges and mortality and expense
charges, which would significantly lower the returns shown. For specific charges
and expenses associated with your contract, please refer to the prospectus.
Upon request, Prudential will provide an illustration of historical performance,
which reflects the cost of insurance protection under your contract.
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 portfolios’
prospectus contain this and other important information. Read them
carefully before investing or sending money.
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Top Ten Holdings
05/31/16
1,798
28.69
91,068
138
05/31/16
Prudential Core Ultra Short Bond Fun
7.15
SPDR S&P 500 ETF Trust
2.80
iShares Core US Aggregate Bond ETF
2.55
iShares MSCI EAFE ETF
1.94
US Treasury 0.125% 15-Jan-2023
1.15
Advanced Srs Small-Cap Value Portfol
1.03
US Treasury 0.625% 15-Jul-2021
0.95
Amazon.com Inc
0.91
Facebook Inc
0.84
US Treasury 2.500% 15-Jan-2029
Total
0.78
20.10
Advanced Strategies Portfolio
Advanced Series Trust
Sector Allocation
05/31/16
1 Financials
8
7
9 10
1
6
2
5
4
3
12.13
2 Technology
9.03
3 Industrials
7.75
4 Consumer Services
7.36
5 Consumer Goods
6.86
6 Health Care
6.53
7 Oil & Gas
3.01
8 Utilities
1.87
9 Basic Materials
1.83
10 Telecommunications
0.87
Asset Allocation
57.37
Fixed Income
45.17
Cash
-25
ADVISOR
AST Investment Services, Inc. /
Prudential Investments LLC
05/31/16
Equity
Other
Managed By
0.29
-2.83
0
25
50
75
% of Investments
Top Holdings, Asset Allocation, Quality Analysis &
Sector Weightings
Data is based on information collected from the investment
company, is updated as of the date shown in the section’s title,
and will vary over time. Asset Allocation may equal less than
or greater than 100% due to hedged funds or leveraged cash
positions by the Fund. Holdings and allocations are subject to
change. Asset allocation does not guarantee a profit or protect
against a loss in declining Markets.
Risk Measures
Alpha - Measures a manager’s contribution to performance due
to security selection or market timing relative to the index.
Beta – Measures a portfolio’s sensitivity to market movements
in the index.
R-Squared - A measure that indicates the extent to which
fluctuations in portfolio returns are correlated with those of the
index.
Standard Deviation – A measure of risk that gauges the
variability of actual returns from the expected values and the
dispersion of these variations over time.
Sharpe Ratio – A measure that uses standard deviation and
excess return to determine reward per unit of risk.
Tracking Error – A divergence between the price behavior of a
position or portfolio and the price behavior of a benchmark.
Indices
The S&P 500 Index is an unmanaged, market value-weighted index
of 500 stocks generally representative of the broad stock market.
Investors cannot invest directly in a market index.
Risk Disclosures
The Portfolio may invest in foreign securities, which are subject to
currency fluctuation and political uncertainty; small- and mid-cap
stocks, which may be subject to more erratic market movements
than large-cap stocks; and derivative securities, which may
carry market, credit, and liquidity risks; High yield(“junk”)
bonds, which are subject to greater credit and market risks and
leveraging, which may magnify losses. Fixed income investments
are subject to interest rate risk, and their value will decline as
interest rates rise. These risks may result in greater share price
volatility. Asset Allocation does not assure a profit or protect against
loss in declining markets.
Variable life insurance is issued by The Prudential Insurance Company of America, Newark, NJ, Pruco Life Insurance Company, Pruco
Life Insurance Company of New Jersey, located in Newark, NJ. Variable life insurance is distributed by Pruco Securities LLC, Newark, NJ.
Members SIPC. All are Prudential Financial companies.
©2016 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo Bring Your Challenges and the Rock symbol are
service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
Fund data provided by Lipper. © 2016 Thomson Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content
is expressly prohibited without the prior written consent of Lipper. The information contained herein is not represented or warranted to be
accurate, complete, or timely. Past performance is no guarantee of future performance.
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