Prudential Annuities
AST Advanced Strategies Portfolio
Prudential Premier® Retirement Variable Annuity B SeriesSM
Inception Date: 03-20-06
Net Assets:
7491.4363 ($mil, as of 01-31-16)
Index:
S&P 500 Composite
Style & Strategy
Performance
As of 08-31-16; Standardized as of 06-30-16
Specialty
Large Cap
Value
Large Cap
Blend
Large Cap
Growth
Domestic
Hybrid
Int'l
Equity
Mid Cap
Value
Mid Cap
Blend
Mid Cap
Growth
Fixed
Income
Asset Alloc.
Balanced
Small Cap
Value
Small Cap
Blend
Small Cap
Growth
Money
Market
200%
0
-200%
-400%
-600%
-800%
To seek a high level of absolute return
Notes
Certain elements of the Portfolio, including the name
and investment objective, policies, strategy(ies), and/or
subadvisor changed as of the date shown in the relevant
footnote below. As a result, the performance figures
furnished above for periods prior to that date reflect the
investment performance of the former Portfolio and/or
subadvisor and may not be representative of the
Portfolio's current structure and/or subadvisor.
Effective January 5, 2015, Prudential Investment
Management Inc. became subadvisor to the Portfolio.
Management
Lead Manager
Advisor
Sub-Advisor
Marcus Perl
Edward L. Campbell
Joel Kallman
Josepf Lakonishok
Menno Vermeulen
Puneet Mansharamani
Greg Sleight
Guy Lakonishok
Kenneth Stuzin
Aziz Hamzaogullari
Scott Mather
Mihir Worah
Michael Collins
Richard Piccirillo
Gregory Peters
Robert Tipp
Brian Rogers
Mark Finn
John Linehan
Heather McPherson
Simon Fennell
Kenneth McAtamney
Standardized
Non-Standardized
Index
1 Mo 3 Mo YTD 1 Yr
1 Mo
0.19%
-6.81%
-6.65%
3 Mo
3.32%
-3.68%
-7.14%
YTD
6.18%
-0.82%
-5.07%
1 Yr
8.08%
1.08%
-7.23%
-4.01%
3 Yr
5 Yr 10 Yr ITD
3 Yr
6.41%
4.62%
8.77%
5 Yr
7.37%
6.60%
3.44%
8.74%
10 Yr
4.57%
4.57%
3.18%
4.22%
ITD
4.46%
4.46%
2.82%
4.28%
Category Average
-3.65% -4.73% -3.65% -2.62% 5.21%
6.19%
0.00%
Inception Date: 03-20-06 | Standardized Inception Date: 03-20-06
NonStd
NonStd w/CDSC
Std
Index
World Allocation
Cat. Avg. as of 12-31-15
Portfolio Analysis
Statistics (as of 08-31-16)
Alpha
Beta
Standard Deviation
Capitalization
Price to Earnings
Price to Book
Earnings Per Share
Composition (as of 08-31-16)
-0.38
1.2
8.07
33780.17M
18.8857x
2.2219x
N/A
Top 10 Holdings (as of 08-31-16)
Prudential Core Invt
SPDR® S&P 500 ETF
Lch Irs Usd 1.78695 12/31/21 Pay Fix; 30/
Lch Irs Usd 1.78695 12/31/21 Pay Fix; 30/
iShares Core US Aggregate Bond
iShares MSCI EAFE
(S) Cme Irs Gbp 1.50% 2y Sellreceiver; N
(S) Cme Irs Gbp 1.50% 2y Sellreceiver; N
Trs Dwrtft Trs Equity 1ml+42.5 Boa
Trs Dwrtft Trs Equity 1ml+42.5 Boa Rec Id
# of Equity Holdings
# of Bond Holdings
Total # of Holdings
6.82%
2.66%
2.46%
2.45%
2.34%
1.91%
1.78%
1.77%
1.42%
1.38%
STOCKS 54.04%
BONDS 34.22%
CASH 11.08%
OTHER 0.66%
Sectors (as of 08-31-16)
Basic Materials
Consumer Cyclical
Financial Services
Real Estate
Consumer Defensive
Healthcare
Utilities
Communication Services
Energy
Industrials
Technology
3.60%
13.80%
18.80%
2.60%
8.90%
12.40%
3.30%
1.80%
4.80%
12.30%
17.90%
411
1420
2607
AST Investment Services/Prudential
Investments LLC
Quantitative Management Associates,
LLC.
LSV Asset Management, Brown
Advisory, LLC
Loomis, Sayles & Company, L.P.
Pacific Investment Management
Company, LLC (PIMCO)
Prudential Investment Management,
Inc.
T. Rowe Price Associates, Inc.
William Blair & Company, LLC
The performance data quoted represents past performance which does not guarantee similar future results. The investment return and principal value of an
investment will fluctuate and when redeemed, an investor's units may be worth more or less than their original cost. Current performance may be lower or
higher than the past
0162568-00048-00
Ed.performance
10/2015 retirementB
data quoted. Performance information as
Page
of the
1 ofmost
3
recent month end is available at www.prudentialannuities.com.
This report is authorized for use only when preceded or accompanied by a current prospectus containing complete information, including fees and
Growth of $10,000 (Non-standardized)
Regional Exposure
$16,000
$15,000
$14,000
$13,000
$12,000
$11,000
$10,000
$9,000
$8,000
$
I
07
08
I - Inception (3/20/2006)
Best 3 Months
Worst 3 Months
21.57%
-27.10%
09
10
11
12
13
14
15
16
Mar 01, 2009 thru May 31, 2009
Sep 01, 2008 thru Nov 30, 2008
As of 08-31-16
United States
Canada
Latin America
United Kingdom
EuroZone
Europe ex-Euro
Europe Emerging
Africa
Middle East
Japan
Australasia
Asia Developed
Asia Emerging
63.1%
1.5%
0.0%
6.8%
9.7%
4.8%
0.0%
0.2%
0.8%
7.4%
1.4%
1.3%
2.9%
Miscellaneous
Expense Ratio (as of 07-01-15)
Annual Turnover (as of 12-31-14)
0.95%
140.00%
Definitions
Composition - of a sub-account represents the apportioning of investment assets among stocks, bonds and cash. Portfolio composition is subject to change. There
can be no assurance that the portfolio's objectives will always be achieved.
is a sub-account's return above its appointed benchmark index.
measures a sub-account's sensitivity to changes in the overall market. The overall market is designated by the sub-account's category benchmark.
is a statistical measurement that depicts how widely returns varied over a certain time period. The measurement is generally used to understand the range of returns
that are most likely for a given sub-account. When a sub-account has a high standard deviation, the range of performance may be wider, implying greater volatility.
is the value of a corporation as determined by the market price of its issued and outstanding common stock.
or P/E is the price of a stock divided by its earnings per share.
or Price/Book Value is the price of a stock divided by the stockholder's equity per share.
or EPS is the portion of a company's annual profit allocated to each outstanding share of common stock. The profit figure is calculated after paying taxes and after
paying preferred shareholders and bondholders.
Holdings of the sub-account are subject to change and may not be a representation of the current holdings.
are the 10 largest holdings of the sub-account as of the end of the stated period. The performance figures for these holdings do not reflect the performance of the
sub-account. All holdings of the sub-account are subject to change and may not be a representation of the current holdings.
represent different types of issuers which may be impacted by changing economic conditions.
reflects how the portfolio's assets generally are invested as of the date indicated. For certain portfolios with broad investment objectives, style may change over time.
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Important Information Concerning Annuity Performance
Fees and Charges Assessed By Prudential Premier® Retirement
Variable Annuity B Series SM
Insurance Charge: 1.30%
Maintenance Fee: $50
Contingent Deferred Sales Charge:
7.0%, 7.0%, 6.0%, 6.0%, 5.0%, 5.0%, 5.0%
(For years, 1, 2, 3 and so on, respectively as indicated.)
Variable annuities deduct all management fees and expenses of the
underlying subaccounts, insurance charges, administration fees, and
other charges automatically from the assets in each subaccount. For
purposes of this document, insurance (mortality & expense risk) and
administration charges are assumed to be the amount shown.
The insurance charge is the combination of the mortality & expense risk
charge and the administration charge. The charge is intended to cover
the cost of providing the insurance benefits under the annuity, the
administrative costs associated with providing those annuity benefits,
and the risk that our assumptions about the mortality risks and
expenses under the annuity are incorrect.
A contingent deferred sales charge, or CDSC, may be assessed if you
surrender your annuity or when you make a partial withdrawal. The
CDSC reimburses us for expenses related to sales and distribution of
the annuity, including commissions, marketing materials, and other
promotional expenses. The CDSC is calculated as a percentage of your
purchase payment being withdrawn during the applicable annuity year.
The stated CDSC represents the maximum possible withdrawal charges
under the annuity. State variations may apply. Please refer to your
current prospectus for more information.
The maintenance fee is deducted annually on the anniversary of the
issue date of your annuity or, if you surrender your annuity during the
annuity year, at the time of surrender.
Because past performance is intended to depict the experience of a
hypothetical investor over the measuring period, and because the
hypothetical investor could effect a purchase only on a business day, we
assume in these calculations that the purchase was effected the
business day prior to the start of the measuring period, if that start day
was not itself a business day.
Performance of Underlying Subaccounts - Performance of
underlying subaccounts is calculated using the actual fees and charges
of the product as if such product were available since the inception of
the subaccount. Underlying funds may have existed prior to the
inception of their corresponding subaccounts. Standardized
performance is calculated from the adoption of the subaccount in the
applicable separate account. Non-standardized performance is
calculated from the underlying fund's inception date, which may be
different from, and predate, its adoption in the applicable separate
account. Non-standardized performance that predates the adoption of
the subaccount in the applicable separate account is hypothetical.
Non-Standardized Returns - Non-standardized returns are net of all
underlying charges but do not reflect deduction of the annual
maintenance fee and the contingent deferred sales charges, except
where noted.
Standardized Returns - Standardized returns are calculated, in
accordance with SEC Rules, from inception of the subaccount assuming
a $1,000 investment made at the beginning of the applicable period.
Standardized returns reflect deduction of all underlying fund fees and
insurance charges (excluding any charges for optional benefits),
maintenance fees and CDSC, where applicable.
Investors should consider the contract and the underlying
portfolios' investment objectives, risks, charges and expenses
carefully before investing. This and other important information is
contained in the prospectus, which can be obtained from your
financial professional. Please read the prospectus carefully before
investing.
For more information, please call your financial professional.
A variable annuity is a long-term investment designed for retirement purposes. Investment returns and the principal value of an investment will
fluctuate so that an investor's units, when redeemed, may be worth more or less than the original investment. Withdrawals or surrenders may be
subject to contingent deferred sales charges. Withdrawals and distributions of taxable amounts are subject to ordinary income tax and, if made
prior to age 59 1/2, may be subject to an additional 10% federal income tax penalty, sometimes referred to as an additional income tax. Prudential
Premier ® Retirement Variable Annuity B SeriesSM or certain of its investment options may not be available in all states.
Annuity contracts contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. Your licensed financial professional
can provide you with costs and complete details.
Variable annuities are issued by Pruco Life Insurance Company (in New York, by Pruco Life Insurance Company of New Jersey), Newark, NJ
(main office) and distributed by Prudential Annuities Distributors, Inc., Shelton, CT. All are Prudential Financial companies and each is solely
responsible for its own financial condition and contractual obligations. Prudential Annuities is a business of Prudential Financial, Inc.
Prudential Annuities and its distributors and representatives do not provide tax, accounting, or legal advice. Please consult your own attorney or
accountant.
©
2015 Prudential Financial, Inc. and its related entities. Prudential Annuities, Prudential, 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.
Issued on contract P-BLX/CRT(2/10) et al. or a state variation thereof.
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