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

AST Schroders Multi-Asset World Strategies Portfolio
Year Ended December 31,
2009(c) 2008(c) 2007(c) 2006 2005
Per Share Operating Performance:
Net Asset Value, beginning of year $ 9.69 $ 15.33 $15.01 $14.29 $13.89
Income (Loss) From Investment Operations:
Net investment income 0.31 0.29 0.30 0.32 0.26
Net realized and unrealized gain (loss) on investments 2.35 (4.54) 1.04 1.02 0.37
Total from investment operations 2.66 (4.25) 1.34 1.34 0.63
Less Dividends and Distributions:
Dividends from net investment income — — — — (0.23)
Distributions (0.18) (1.39) (1.02) (0.62) —
Total dividends and distributions (0.18) (1.39) (1.02) (0.62) (0.23)
Net Asset Value, end of year $ 12.17 $ 9.69 $15.33 $15.01 $14.29
Total Return(a) 27.73% (30.24)% 8.99% 9.67% 4.61%
Ratios/Supplemental Data:
Net assets, end of year (in millions) $1,072.1 $ 159.6 $214.6 $175.3 $205.4
Ratios to average net assets(b):
Expenses After Waivers and/or Expense Reimbursement 1.35% 1.28% 1.10% 1.04% 1.05%
Expenses Before Waivers and/or Expense Reimbursement 1.35% 1.28% 1.10% 1.06% 1.08%
Net investment income 2.76% 2.25% 1.91% 1.92% 1.70%
Portfolio turnover rate 142% 264% 223% 178% 204%
(a)
(b)
(c)
Total return is calculated assuming a purchase of a share on the first day and a sale on the last day of each year reported and includes reinvestment of
dividends and distributions and does not reflect the effect of insurance contract charges. Total return does not reflect expenses associated with the separate
account such as administrative fees, account charges and surrender charges which, if reflected, would reduce the total return for all periods shown.
Performance figures may reflect voluntary fee waivers and/or expense reimbursements. In the absence of voluntary fee waivers and/or expense
reimbursements, the total return would be lower. Past performance is no guarantee of future results. Total returns may reflect adjustments to conform to
generally accepted accounting principles.
Does not include expenses of the underlying portfolio in which the Portfolio invests.
Calculated based on average shares outstanding during the year.
AST Small-Cap Growth Portfolio
Year Ended December 31,
2009 2008(d) 2007 2006 2005
Per Share Operating Performance:
Net Asset Value, beginning of year $11.20 $ 17.23 $16.08 $14.28 $14.07
Income (Loss) From Investment Operations:
Net investment income (loss) 0.05 0.01 (0.06) (0.08) (0.08)
Net realized and unrealized gain (loss) on investments 3.75 (6.04) 1.21 1.88 0.29
Total from investment operations 3.80 (6.03) 1.15 1.80 0.21
Less Distributions: (0.01) — — — —
Net Asset Value, end of year $14.99 $ 11.20 $17.23 $16.08 $14.28
Total Return(a) 33.91% (35.00)% 7.15% 12.61% 1.49%
Ratios/Supplemental Data:
Net assets, end of year (in millions) $362.1 $ 219.4 $162.8 $175.4 $187.5
Ratios to average net assets(b):
Expenses After Waivers and/or Expense Reimbursement 1.07% 1.10%(c) 1.05% 1.07% 1.07%
Expenses Before Waivers and/or Expense Reimbursement 1.07% 1.10%(c) 1.05% 1.08% 1.15%
Net investment income (loss) 0.36% 0.07% (0.26)% (0.48)% (0.53)%
Portfolio turnover rate 69% 104% 39% 69% 113%
(a) Total return is calculated assuming a purchase of a share on the first day and a sale on the last day of each year reported and includes reinvestment of
dividends and distributions and does not reflect the effect of insurance contract charges. Total return does not reflect expenses associated with the separate
account such as administrative fees, account charges and surrender charges which, if reflected, would reduce the total return for all periods shown.
Performance figures may reflect voluntary fee waivers and/or expense reimbursements. In the absence of voluntary fee waivers and/or expense
reimbursements, the total return would be lower. Past performance is no guarantee of future results. Total returns may reflect adjustments to conform to
generally accepted accounting principles.
(b) Does not include expenses of the underlying portfolio in which the Portfolio invests.
(c) Includes merger expense of 0.02%.
(d) Calculated based on average shares outstanding during the year.
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