AST BlackRock Value Portfolio - Prudential Annuities

GLOSSARY: PORTFOLIO INDEXES
BofA Merrill Lynch U.S. High Yield Master II Index. The BofA Merrill Lynch U.S. High Yield Master II Index is an unmanaged
index that tracks the performance of below-investment grade U.S. dollar-denominated corporate bonds publicly issued in the
U.S. domestic market. These returns do not include the effect of any investment management expenses. These returns would have
been lower if they included the effect of these expenses.
BofA Merrill Lynch U.S. High Yield Master II Constrained Index. The BofA Merrill Lynch U.S. High Yield Master II Constrained
Index tracks the performance of below-investment grade U.S. dollar denominated corporate bonds publicly issued in the
U.S. domestic market. These returns do not include the effect of any investment management expenses. These returns would have
been lower if they included the effect of these expenses.
BofA Merrill Lynch 1-5 Years US Treasury Index. The BofA Merrill Lynch 1-5 Years US Treasury Index is a sub-index of the BofA
Merrill Lynch Treasury Master Index. It includes issues in the form of publicly placed, coupon-bearing U.S. Treasury debt. Issues
must carry a term to maturity of at least one year. These returns do not include the effect of any investment management expenses.
These returns would have been lower if they included the effect of these expenses.
BofA Merrill Lynch 1-3 Year Treasury Index. The BofA Merrill Lynch 1-3 Year Treasury Index is a sub-index of the BofA Merrill
Lynch Treasury Master Index. It includes issues in the form of publicly placed, coupon-bearing U.S. Treasury debt. Issues must
carry a term to maturity of at least one year. These returns do not include the effect of any investment management expenses.
These returns would have been lower if they included the effect of these expenses.
Barclays Capital Aggregate Bond Index. The Barclays Capital Aggregate Bond Index is an unmanaged index of investment-grade
securities issued by the U.S. Government and its agencies and by corporations with between one and ten years remaining to
maturity. It gives a broad look at how short- and intermediate-term bonds have performed. Index returns do not include the effect
of any mutual fund sales charges, operating expenses or taxes. These returns would be lower if they included the effect of sales
charges, operating expenses or taxes. Source: Barclays Capital.
Barclays Capital Global Aggregate Bond Index. The Barclays Capital Global Aggregate Bond Index provides a broad-based
measure of the global investment-grade fixed-rate debt markets. The Global Aggregate Index contains three major components:
the U.S. Aggregate Index, the Pan-European Aggregate Index, and the Asian-Pacific Aggregate Index. In addition to securities from
these three benchmarks (94.4% of the overall Global Aggregate market value), the Global Aggregate Index includes Global
Treasury, Eurodollar, Euro-Yen, Canadian, and Investment-Grade 144A index-eligible securities not already in the three regional
aggregate indices. These returns do not include the effect of any investment management expenses. These returns would have
been lower if they included the effect of these expenses.
Barclays Capital High Yield 2% Issuer Capped Index. The Barclays Capital High Yield 2% Issuer Capped Index is made up of over
700 non-investment grade bonds. However, the representation of any single bond issuer is restricted to a maximum of 2% of the
total index. The index is an unmanaged index that includes the reinvestment of all interest but does not reflect the payment of
transaction costs and advisory fees associated with an investment in the Portfolio. These returns do not include the effect of any
investment management expenses, and would be lower if they included the effect of these expenses. Source: Barclays Capital.
Barclays Capital U.S. Government/Credit Bond Index. The Barclays Capital U.S. Government/Credit Bond Index is the
non-securitized component of the Barclays Capital U.S. Aggregate Index. The Barclays Capital U.S. Government/Credit Bond
Index inclues Treasuries (i.e., public obligations of the U.S. Treasury that have remaining maturities of more than one year),
Government-Related issues (i.e., agency, sovereign, supranational, and local authority debt), and Corporates. These returns do not
include the effect of any investment management expenses. These returns would have been lower if they included the effect of
these expenses.
Barclays Capital U.S. 5-10 Year Government/Credit Bond Index. This index includes all medium and larger issues of
U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities
between 5 and 10 years and are publicly issued. These returns do not include the effect of any investment management expenses.
These returns would have been lower if they included the effect of these expenses.
Lipper Global Natural Resources Index. The Lipper Global Natural Resources Index is an unmanaged index of the 10 largest
global natural resources funds. These returns do not include the effect of any sales charges, operating expenses of a mutual fund or
taxes payable by investors and would be lower if they included these effects.
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