Strategic Partners Plus 3 - Prudential Annuities

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STYLE/ TYPE ASSET ALLOCA- TION/ BALANCED ASSET ALLOCA- TION/ BALANCED LARGE CAP VALUE LARGE CAP VALUE LARGE CAP VALUE ASSET ALLOCA- TION/ BALANCED ASSET ALLOCA- TION/ BALANCED INVESTMENT OBJECTIVES/POLICIES ADVANCED SERIES TRUST AST Advanced Strategies Portfolio: seeks a high level of absolute return. The Portfolio invests primarily in a diversified portfolio of equity and fixed income securities across different investment categories and investment managers. The Portfolio pursues a combination of traditional and non-traditional investment strategies. AST Aggressive Asset Allocation Portfolio: seeks the highest potential total return consistent with its specified level of risk tolerance. The Portfolio will invest its assets in several other Advanced Series Trust Portfolios. Under normal market conditions, the Portfolio will devote approximately 100% of its net assets to underlying portfolios investing primarily in equity securities (with a range of 92.5% to 100%) and the remainder of its net assets to underlying portfolios investing primarily in debt securities and money market instruments (with a range of 0% – 7.5%). AST AllianceBernstein Core Value Portfolio: seeks long-term capital growth by investing primarily in common stocks. The subadviser expects that the majority of the Portfolio’s assets will be invested in the common stocks of large companies that appear to be undervalued. Among other things, the Portfolio seeks to identify compelling buying opportunities created when companies are undervalued on the basis of investor reactions to near-term problems or circumstances even though their long-term prospects remain sound. The subadviser seeks to identify individual companies with earnings growth potential that may not be recognized by the market at large. AST AllianceBernstein Growth & Income Portfolio: seeks long-term growth of capital and income while attempting to avoid excessive fluctuations in market value. The Portfolio normally will invest in common stocks (and securities convertible into common stocks). The subadviser will take a value-oriented approach, in that it will try to keep the Portfolio’s assets invested in securities that are selling at reasonable valuations in relation to their fundamental business prospects. AST American Century Income & Growth Portfolio: seeks capital growth with current income as a secondary objective. The Portfolio invests primarily in common stocks that offer potential for capital growth, and may, consistent with its investment objective, invest in stocks that offer potential for current income. The subadviser utilizes a quantitative management technique with a goal of building an equity portfolio that provides better returns than the S&P 500 Index without taking on significant additional risk and while attempting to create a dividend yield that will be greater than the S&P 500 Index. AST American Century Strategic Allocation Portfolio: seeks long-term capital growth with some regular income. The Portfolio will invest, under normal circumstances, in any type of U.S. or foreign equity security that meets certain fundamental and technical standards. The portfolio managers will draw on growth, value and quantitative investment techniques in managing the equity portion of the Portfolio and diversify the Portfolio’s investments among small, medium and large companies. AST Balanced Asset Allocation Portfolio: seeks the highest potential total return consistent with its specified level of risk tolerance. The Portfolio will invest its assets in several other Advanced Series Trust Portfolios. Under normal market conditions, the Portfolio will devote approximately 75% of its net assets to underlying portfolios investing primarily in equity securities (with a range of 67.5% to 80%), and 25% of its net assets to underlying portfolios investing primarily in debt securities and money market instruments (with a range of 20.0% to 32.5%). PORTFOLIO ADVISOR/ SUB-ADVISOR LSV Asset Management; Marsico Capital Management, LLC; Pacific Investment Management Company LLC (PIMCO); T. Rowe Price Associates, Inc.; William Blair & Company, LLC AST Investment Services, Inc. & Prudential Investments LLC/ Prudential Investments LLC AllianceBernstein L.P. AllianceBernstein L.P. American Century Investment Management, Inc. American Century Investment Management, Inc. Contract described herein is no longer available for sale. AST Investment Services, Inc. & Prudential Investments LLC/ Prudential Investments LLC 25
2: WHAT INVESTMENT OPTIONS CAN ICHOOSE continued STYLE/ TYPE ASSET ALLOCA- TION/ BALANCED SPECIALTY ASSET ALLOCA- TION/ BALANCED LARGE CAP VALUE SMALL CAP VALUE SMALL CAP GROWTH INVESTMENT OBJECTIVES/POLICIES AST Capital Growth Asset Allocation Portfolio: seeks the highest potential total return consistent with its specified level of risk tolerance. The Portfolio will invest its assets in several other Advanced Series Trust Portfolios. Under normal market conditions, the Portfolio will devote approximately 65% of its net assets to underlying portfolios investing primarily in equity securities (with a range of 57.5% to 72.5%, and 35% of its net assets to underlying portfolios investing primarily in debt securities and money market instruments (with a range of 27.5% to 42.5%). AST Cohen & Steers Realty Portfolio: seeks to maximize total return through investment in real estate securities. The Portfolio pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets in common stocks and other equity securities issued by real estate companies, such as real estate investment trusts (REITs). Under normal circumstances, the Portfolio will invest substantially all of its assets in the equity securities of real estate companies, i.e., a company that derives at least 50% of its revenues from the ownership, construction, financing, management or sale of real estate or that has at least 50% of its assets in real estate. Real estate companies may include real estate investment trusts (REITs). AST Conservative Asset Allocation Portfolio: seeks the highest potential total return consistent with its specified level of risk tolerance. The Portfolio will invest its assets in several other Advanced Series Trust Portfolios. Under normal market conditions, the Portfolio will devote approximately 55% of its net assets to underlying portfolios investing primarily in equity securities (with a range of 47.5% to 62.5%), and 45% of its net assets to underlying portfolios investing primarily in debt securities and money market instruments (with a range of 37.5% to 52.5%. AST DeAM Large-Cap Value Portfolio: seeks maximum growth of capital by investing primarily in the value stocks of larger companies. The Portfolio pursues its objective, under normal market conditions, by primarily investing at least 80% of the value of its assets in the equity securities of large-sized companies included in the Russell 1000 ® Value Index. The subadviser employs an investment strategy designed to maintain a portfolio of equity securities which approximates the market risk of those stocks included in the Russell 1000 ® Value Index, but which attempts to outperform the Russell 1000 ® Value Index through active stock selection. AST DeAM Small-Cap Value Portfolio: seeks maximum growth of investors’ capital by investing primarily in the value stocks of smaller companies. The Portfolio pursues its objective, under normal market conditions, by primarily investing at least 80% of its total assets in the equity securities of small-sized companies included in the Russell 2000 ® Value Index. The subadviser employs an investment strategy designed to maintain a portfolio of equity securities which approximates the market risk of those stocks included in the Russell 2000 ® Value Index, but which attempts to outperform the Russell 2000 ® Value Index. AST Federated Aggressive Growth Portfolio: seeks capital growth. The Portfolio pursues its investment objective by investing primarily in the stocks of small companies that are traded on national security exchanges, NASDAQ stock exchange and the over-the-counter-market. Small companies will be defined as companies with market capitalizations similar to companies in the Russell 2000 Growth Index. PORTFOLIO ADVISOR/ SUB-ADVISOR AST Investment Services, Inc. & Prudential Investments LLC/ Prudential Investments LLC Cohen & Steers Capital Management, Inc. AST Investment Services, Inc. & Prudential Investments LLC/ Prudential Investments LLC Deutsche Investment Management Americas, Inc. Deutsche Investment Management Americas, Inc. Federated Equity Management Company of Pennsylvania/ Federated Global Investment Management Corp.; Federated MDTA LLC Contract described herein is no longer available for sale. 26
Page 1 and 2: NOTICE REGARDING RESTRICTIONS ON AD
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Page 11 and 12: PART I: STRATEGIC PARTNERS PLUS 3PR
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11: OTHER INFORMATION continued ▪
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Accumulation Unit Value at Beginnin
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STRATEGIC PARTNERS ANNUITY PRODUCT
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0% GROSS RATE OF RETURN YR SP FLEX
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10% GROSS RATE OF RETURN YR SP FLEX
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The following formula, which is set
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“a” Factors for Liability Calcu
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Contributions of up to the maximum
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(2) the distribution must be made i
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Many Prudential Financial companies
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The Prudential Insurance Company of
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