07.11.2014 Views

AST BlackRock Value Portfolio - Prudential Annuities

AST BlackRock Value Portfolio - Prudential Annuities

AST BlackRock Value Portfolio - Prudential Annuities

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>AST</strong> FIRST TRUST BALANCED TARGET PORTFOLIO<br />

Year Ended December 31,<br />

2011 2010(c) 2009(c) 2008(c) 2007(c)<br />

Per Share Operating Performance:<br />

Net Asset <strong>Value</strong>, beginning of year $9.76 $8.69 $7.33 $11.59 $10.72<br />

Income (Loss) From Investment Operations:<br />

Net investment income 0.21 0.22 0.24 0.35 0.31<br />

Net realized and unrealized gain (loss) on investments (0.35) 1.00 1.45 (4.24) 0.61<br />

Total from investment operations (0.14) 1.22 1.69 (3.89) 0.92<br />

Less Distributions: (0.16) (0.15) (0.33) (0.37) (0.05)<br />

Net Asset <strong>Value</strong>, end of year $9.46 $9.76 $8.69 $7.33 $11.59<br />

Total Return(a) (1.51)% 14.36% 23.85% (34.49)% 8.56%<br />

Ratios/Supplemental Data:<br />

Net assets, end of year (in millions) $2,784.0 $2,787.4 $1,671.8 $690.4 $1,339.8<br />

Ratios to average net assets(b):<br />

Expenses After Waivers and/or Expense Reimbursement 0.94% 0.94% 0.98% 0.98% 0.96%<br />

Expenses Before Waivers and/or Expense Reimbursement 0.98% 0.98% 0.99% 0.98% 0.96%<br />

Net investment income 2.33% 2.46% 3.08% 3.58% 2.70%<br />

<strong>Portfolio</strong> turnover rate 130% 62% 49% 119% 38%<br />

(a) Total return is calculated assuming a purchase of a share on the first day and a sale on the last day of each year reported and includes reinvestment of distributions and does not<br />

reflect the effect of insurance contract charges. Total return does not reflect expenses associated with the separate account such as administrative fees, account charges and surrender<br />

charges which, if reflected, would reduce the total return for all periods shown. Performance figures may reflect voluntary fee waivers and/or expense reimbursements. In the absence<br />

of voluntary fee waivers and/or expense reimbursements, the total return would be lower. Past performance is no guarantee of future results. Total returns may reflect adjustments to<br />

conform to generally accepted accounting principles.<br />

(b) Does not include expenses of the underlying portfolio in which the <strong>Portfolio</strong> invests.<br />

(c) Calculated based on average shares outstanding during the year.<br />

433

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!