Advanced Series Trust AST Academic Strategies Asset ... - Prudential

Massachusetts Financial Services Company (MFS). MFS is the oldest U.S. mutual fund organization. MFS and its predecessor
organizations have managed money since 1924 and founded the first mutual fund in the United States. MFS is a subsidiary of Sun
Life of Canada (U.S.) Financial Services Holdings, Inc., which in turn is an indirect majority-owned subsidiary of Sun Life Financial
Inc. (a diversified financial services company). The principal address of MFS is 500 Boylston Street, Boston, Massachusetts 02116.
Net assets under management of the MFS organization were approximately $183 billion as of December 31, 2009.
Mellon Capital Management Corporation (Mellon Capital). Mellon Capital located at 50 Fremont Street, Suite 3700, San Francisco,
California 94105, serves as a Subadviser to Academic Strategies Portfolio. Mellon Capital, a wholly-owned, indirect subsidiary of The
Bank of New York Mellon Corporation, was established and registered with the SEC as an investment advisor in August of 1983.
Mellon Capital offers global, quantitatively based investment strategies to corporate, government, and Trade Union retirement plans,
endowments, foundations, and mutual fund distributors. Mellon Capital specializes in providing domestic and global asset allocation
strategies, standard and enhanced indexing, active and passive fixed income strategies, alternative investments, currency strategies,
and overlay strategies. As of March 31, 2010, Mellon Capital managed approximately $184.4 billion (including approximately $9.6
billion in overlay assets) in assets under management.
Neuberger Berman LLC (Neuberger). With a heritage dating from 1939, Neuberger is a majority employee-controlled company. As
of December 31, 2009, Neuberger managed approximately $173 billion in assets. Neuberger’s address is 605 Third Avenue, New
York, New York 10158.
Pacific Investment Management Company LLC (PIMCO) a Delaware limited liability company, is a majority-owned subsidiary of
Allianz Global Investors of America L.P., (“AGI LP”). Allianz SE (“Allianz SE”) is the indirect majority owner of AGI LP. Allianz SE is a
European-based, multinational insurance and financial services holding company. As of December 31, 2009, PIMCO managed $1
trillion in assets. PIMCO’s address is 840 Newport Center Drive, Newport Beach, California 92660.
Parametric Portfolio Associates LLC (Parametric) is a registered investment adviser and majority-owned subsidiary of Eaton Vance
Management. Parametric and its affiliate Parametric Risk Advisors managed a combined $32.9 billion in assets under management,
with approximately 17,000 accounts as of December 31, 2009. Parametric’s address is 1151 Fairview Avenue North, Seattle, WA
98109.
Prudential Bache Asset Management (Bache). Bache is a an indirect, wholly-owned subsidiary of Prudential Financial, Inc. (PFI) and
an operating company of PFI’s Global Commodities Group. It is registered with the US Securities Exchange Commission as an
investment adviser and with the US Commodity Futures Trading Commission as a commodity trading advisor and a commodity pool
operator. Bache is also a member of the National Futures Association. Bache’s principal place of business is One New York Plaza,
13th Floor, New York, NY 10292.
Prudential Investment Management, Inc. (PIM) is an indirect, wholly-owned subsidiary of Prudential Financial, Inc. As of December
31, 2009 PIM had approximately $269 billion in assets under management. PIM’s address is Gateway Center Two, 100 Mulberry
Street, Newark, New Jersey 07102.
Shareholders of AST Aggressive Asset Allocation Portfolio, AST Balanced Asset Allocation Portfolio, AST Capital Growth Asset
Allocation Portfolio, AST Preservation Asset Allocation Portfolio and AST Advanced Strategies Portfolio voted to approve a proposal
permitting PIM to act as a Subadviser for each of the Portfolios pursuant to a subadvisory agreement with the Investment Managers.
The Investment Managers have no current plans or intention to utilize PIM to provide any investment advisory services to any of the
Portfolios. Depending on future circumstances and other factors, however, the Investment Managers, in their discretion, and subject
to further approval by the Board, may in the future elect to utilize PIM to provide investment advisory services to any or all of the
Portfolios.
Prudential Real Estate Investors. PREI ® is a business unit of Prudential Investment Management, Inc. (PIM), which in turn is an
indirect wholly-owned subsidiary of Prudential Financial, Inc. PREI, comprised of fund management centers in the United States in
Parsippany, N.J., Atlanta, Ga., and globally in Munich, London, Singapore and Mexico City, is supported by a network of local offices
throughout the world. Its specialized operating units offer a broad range of real estate investment opportunities and investment
management services in the United States, Europe, Asia and Latin America. PREI ® managed $42.5 billion in gross assets ($22.9 billion
in net assets) as of December 31, 2009.
Pyramis Global Advisors, LLC (Pyramis). Pyramis is an indirect wholly-owned subsidiary of FMR LLC. As of December 31, 2009,
Pyramis Global Advisors, LLC and its Pyramis Group affiliates managed approximately $152 billion in assets worldwide. Pyramis is
located at 900 Salem Street, Smithfield, Rhode Island 02917.
Quantitative Management Associates LLC (QMA) is a wholly owned subsidiary of Prudential Investment Management, Inc. (PIM).
QMA manages equity and balanced portfolios for institutional and retail clients. As of December 31, 2009, QMA managed
approximately $70 billion in assets, including approximately $26 billion that QMA, as a balanced manager, allocated to investment
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