02.06.2014 Views

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

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

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

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>AST</strong> Aggressive <strong>Asset</strong> Allocation Portfolio<br />

Year Ended December 5, 2005(f)<br />

December 31, through<br />

December 31,<br />

2009(g) 2008 2007 2006 2005<br />

Per Share Operating Performance:<br />

Net <strong>Asset</strong> Value, beginning of period $ 6.47 $ 12.60 $11.55 $10.01 $ 10.00<br />

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

Net investment income (loss) 0.08 0.09 0.05 0.02 —(e)<br />

Net realized and unrealized gain (loss) on investments 1.74 (4.95) 1.09 1.52 0.01<br />

Total from investment operations 1.82 (4.86) 1.14 1.54 0.01<br />

Less Distributions: (0.10) (1.27) (0.09) — —<br />

Net <strong>Asset</strong> Value, end of period $ 8.19 $ 6.47 $12.60 $11.55 $ 10.01<br />

Total Return(a) 28.43% (42.33)% 9.84% 15.38% 0.10%<br />

Ratios/Supplemental Data:<br />

Net assets, end of period (in millions) $443.6 $ 135.3 $573.2 $378.1 $ 36.4<br />

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

Expenses After Waivers and/or Expense Reimbursement 0.21% 0.20% 0.18% 0.20% 0.20%(d)<br />

Expenses Before Waivers and/or Expense Reimbursement 0.21% 0.20% 0.18% 0.20% 2.41%(d)<br />

Net investment income (loss) 0.95% 0.86% 0.48% 0.33% (0.20)%(d)<br />

Portfolio turnover rate 53% 77% 41% 35% 3%(c)<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 period reported and includes reinvestment of<br />

dividends and distributions and does not reflect the effect of insurance contract charges. Total return does not reflect expenses associated with the<br />

separate account such as administrative fees, account charges and surrender charges which, if reflected, would reduce the total return for all periods<br />

shown. Performance figures may reflect voluntary fee waivers and/or expense reimbursements. In the absence of voluntary fee waivers and/or expense<br />

reimbursements, the total return would be lower. Past performance is no guarantee of future results. Total returns may reflect adjustments to conform to<br />

generally accepted accounting principles. Total returns for periods of less than one year are not annualized.<br />

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

(c) Not annualized.<br />

(d) Annualized.<br />

(e) Less than $0.005.<br />

(f) Commencement of operations.<br />

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

317

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

Saved successfully!

Ooh no, something went wrong!