Prudential Premier Retirement Variable Annuities

STYLE/
TYPE
Asset
Allocation
COMBOSUP2
INVESTMENT OBJECTIVES/POLICIES
AST Moderate Asset Allocation Portfolio: seeks the highest potential total return
consistent with its specified level of risk tolerance. Under normal circumstances, at least
90% of the Portfolio’s assets will be invested in other portfolios of Advanced Series Trust
(the underlying portfolios) while no more than 10% of the Portfolio’s assets may be
invested in exchange traded funds (ETFs). Under normal market conditions, the Portfolio
will invest approximately 50% of its net assets in equity securities and approximately 50%
of its net assets in debt securities and money market instruments. The equity portion may
range from 40% to 60% of net assets in underlying portfolios and ETFs investing
primarily in equity securities, and from 40% to 60% of net assets in underlying portfolios
and ETFs investing primarily in money market instruments and debt securities, which
may include non-investment grade bonds. “Non-investment grade bonds” are commonly
referred to as “junk bonds”.
If you would like another copy of the current Annuity Prospectus, please call us at 1-888-PRU-2888.
THIS SUPPLEMENT SHOULD BE READ AND RETAINED FOR FUTURE REFERENCE.
5
PORTFOLIO
ADVISOR/
SUBADVISOR
(PIMCO);
Prudential
Investments LLC;
Quantitative
Management
Associates LLC;
Western Asset
Management
Company;
Western Asset
Management
Company Limited
Prudential
Investments, LLC