XTra Credit Premier - Prudential Annuities

STYLE/TYPEINVESTMENT OBJECTIVES/POLICIESPORTFOLIOADVISOR/SUB-ADVISORThe S&P SmallCap 600 Index ® consists of 600 domestic stocks chosen for market size, liquidity, and industry grouprepresentation. The Index comprises stocks from the industrial, utility, financial, and transportation sectors.S&PSMALLCAP600S&PSMALLCAP600ProFund VP Small-Cap Value: seeks daily investment results, before fees and expenses, thatcorrespond to the daily performance of the S&P SmallCap 600/Barra Value Index ® . The S&PSmallCap 600/Barra Value Index ® is designed to differentiate between fast growing companiesand slower growing or undervalued companies. Standard & Poor's and Barra cooperate toemploy a price-to-book value calculation whereby the market capitalization of the S&PSmallCap 600 Index ® is divided equally between growth and value. The Index is rebalancedtwice per year.ProFund VP Small-Cap Growth: seeks daily investment results, before fees and expenses,that correspond to the daily performance of the S&P SmallCap 600/Barra Growth Index ® . TheS&P SmallCap 600/Barra Growth Index ® is designed to differentiate between fast growingcompanies and slower growing or undervalued companies. Standard & Poor's and Barracooperate to employ a price-to-book value calculation whereby the market capitalization-of theS&P SmallCap 600 Index ® is divided equally between growth and value. The Index isrebalanced twice per year.ProFund AdvisorsLLCProFund AdvisorsLLCThe Russell 2000 Index ® measures the performance of the 2,000 small companies in the Russell 3000 Index ® representingapproximately 8% of the total market capitalization of the Russell 3000 Index ® , which in turn represents approximately 98% ofthe investable U.S. equity market.RUSSELL2000U.S. GOV’TBONDU.S. GOV’TBONDProFund VP UltraSmall-Cap: seeks daily investment results, before fees and expenses, thatcorrespond to twice (200%) the daily performance of the Russell 2000 ® Index. If ProFund VPUltraSmall-Cap is successful in meeting its objective, its net asset value should gainapproximately twice as much, on a percentage basis, as the Russell 2000 Index ® when the Indexrises on a given day. Conversely, its net asset value should lose approximately twice as much,on a percentage basis, as the Index when the Index declines on a given day.ProFund VP U.S. Government Plus: seeks daily investment results, before fees and expenses,that correspond to one and one-quarter times (125%) the daily price movement of the mostrecently issued 30-year U.S. Treasury Bond ("Long Bond"). In accordance with its statedobjective, the net asset value of ProFund VP U.S. Government Plus generally should decreaseas interest rates rise. If ProFund VP U.S. Government Plus is successful in meeting itsobjective, its net asset value should gain approximately one and one-quarter times (125%) asmuch, on a percentage basis, as any daily increase in the Long Bond on a given day.Conversely, its net asset value should lose approximately one and one-quarter (125%) as much,on a percentage basis, as any daily decrease in the Long Bond on a given day.ProFund VP Rising Rates Opportunity: seeks daily investment results, before fees andexpenses, that correspond to one and one-quarter times (125%) the inverse (opposite) of thedaily price movement of the most recently issued Long Bond. In accordance with its statedobjective, the net asset value of ProFund VP rising Rates Opportunity generally should decreaseas interest rates fall. If ProFund VP Rising Rates Opportunity is successful in meeting itsobjective, its net asset value should gain approximately one and one-quarter times (125%) asmuch, on a percentage basis, as any daily decrease in the Long Bond on a given day.Conversely, its net asset value should lose approximately one and one-quarter times (125%) asmuch, on a percentage basis, as any daily increase in the Long Bond on a given day.ProFund AdvisorsLLCProFund AdvisorsLLCProFund AdvisorsLLCContract described herein is no longer available for sale.28