The Prudential Series Fund
The Prudential Series Fund
The Prudential Series Fund
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Pruco Life Insurance Company<br />
Notes to Consolidated Financial Statements<br />
3. INVESTMENTS<br />
Fixed Maturities and Equity Securities :<br />
<strong>The</strong> following tables provide additional information relating to fixed maturities and equity securities as of December 31:<br />
Amortized<br />
Cost<br />
2008<br />
Gross<br />
Gross<br />
Unrealized Unrealized<br />
Gains Losses<br />
(in thousands)<br />
Fair Value<br />
Fixed maturities, available for sale<br />
U.S. Treasury securities and obligations of<br />
U.S. government authorities and agencies $ 147,879 $ 7,848 $ 101 $ 155,626<br />
Obligations of U.S. States, and political<br />
subdivisions 114,375 3,449 352 117,472<br />
Foreign government bonds 30,633 3,156 204 33,585<br />
Asset-backed securities(1) 696,441 14,357 83,242 627,556<br />
Commercial mortgage-backed securities 525,257 193 88,187 437,263<br />
Residential mortgage-backed securities(2) 692,082 29,970 3,868 718,184<br />
Corporate securities 2,658,859 25,771 230,154 2,454,476<br />
Total fixed maturities, available for sale $ 4,865,526 $ 84,744 $ 406,108 $ 4,544,162<br />
Equity securities, available for sale $ 28,015 $ 11 $11,154 $16,872<br />
(1) Includes credit tranched securities collateralized by sub-prime mortgages, auto loans, credit cards, education loans, and other asset types.<br />
(2) Includes publicly traded agency pass-through securities and collateralized mortgage obligations.<br />
Amortized<br />
Cost<br />
2007<br />
Gross<br />
Gross<br />
Unrealized Unrealized<br />
Gains Losses<br />
(in thousands)<br />
Fair Value<br />
Fixed maturities, available for sale<br />
U.S. Treasury securities and obligations of<br />
U.S. government authorities and agencies $ 123,058 $ 1,923 $ - $ 124,981<br />
Obligations of U.S. States, and political<br />
subdivisions 121,405 3,445 125 124,725<br />
Foreign government bonds 40,632 5,447 - 46,079<br />
Asset-backed securities 665,332 3,291 22,666 645,957<br />
Commercial mortgage-backed securities 507,596 6,242 699 513,139<br />
Residential mortgage-backed securities 550,536 12,669 480 562,725<br />
Corporate securities 2,461,627 52,496 21,760 2,492,363<br />
Total fixed maturities, available for sale $ 4,470,186 $ 85,513 $ 45,730 $ 4,509,969<br />
Equity securities, available for sale<br />
$ 28,037 $ 2,072 $ 2 $ 30,107<br />
$ 28,037 $ 2,072 $<br />
2,070 $ 30,107<br />
B-14
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