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

GLOSSARY
PORTFOLIO INDEXES
BofA Merrill Lynch U.S. High Yield Master II Index. The BofA Merrill Lynch U.S. High Yield Master II Index is an unmanaged index
that tracks the performance of below-investment grade U.S. dollar-denominated corporate bonds publicly issued in the U.S. domestic
market. These returns do not include the effect of any investment management expenses. These returns would have been lower if they
included the effect of these expenses.
BofA Merrill Lynch U.S. High Yield Master II Constrained Index. The BofA Merrill Lynch U.S. High Yield Master II Constrained Index
tracks the performance of below-investment grade U.S. dollar denominated corporate bonds publicly issued in the U.S. domestic
market. These returns do not include the effect of any investment management expenses. These returns would have been lower if they
included the effect of these expenses.
BofA Merrill Lynch 1-5 Years US Treasury Index. The BofA Merrill Lynch 1-5 Years US Treasury Index is a sub-index of the BofA
Merrill Lynch Treasury Master Index. It includes issues in the form of publicly placed, coupon-bearing U.S. Treasury debt. Issues must
carry a term to maturity of at least one year. These returns do not include the effect of any investment management expenses. These
returns would have been lower if they included the effect of these expenses.
BofA Merrill Lynch 1-3 Year Treasury Index. The BofA Merrill Lynch 1-3 Year Treasury Index is a sub-index of the BofA Merrill Lynch
Treasury Master Index. It includes issues in the form of publicly placed, coupon-bearing U.S. Treasury debt. Issues must carry a term
to maturity of at least one year. These returns do not include the effect of any investment management expenses. These returns would
have been lower if they included the effect of these expenses.
Barclays Capital Aggregate Bond Index. The Barclays Capital Aggregate Bond Index is an unmanaged index of investment-grade
securities issued by the U.S. Government and its agencies and by corporations with between one and ten years remaining to maturity.
It gives a broad look at how short- and intermediate-term bonds have performed. Index returns do not include the effect of any
mutual fund operating expenses or taxes. These returns would be lower if they included the effect of operating expenses or taxes.
Source: Barclays Capital.
Barclays Capital Global Aggregate Bond Index. The Barclays Capital Global Aggregate Bond Index provides a broad-based measure
of the global investment-grade fixed-rate debt markets. The Global Aggregate Index contains three major components: the U.S.
Aggregate Index, the Pan-European Aggregate Index, and the Asian-Pacific Aggregate Index. In addition to securities from these three
benchmarks (94.4% of the overall Global Aggregate market value), the Global Aggregate Index includes Global Treasury, Eurodollar,
Euro-Yen, Canadian, and Investment-Grade 144A index-eligible securities not already in the three regional aggregate indices. These
returns do not include the effect of any investment management expenses. These returns would have been lower if they included the
effect of these expenses.
Barclays Capital High Yield 2% Issuer Capped Index. The Barclays Capital High Yield 2% Issuer Capped Index is made up of over
700 non-investment grade bonds. However, the representation of any single bond issuer is restricted to a maximum of 2% of the total
index. The index is an unmanaged index that includes the reinvestment of all interest but does not reflect the payment of transaction
costs and advisory fees associated with an investment in the Portfolio. These returns do not include the effect of any investment
management expenses, and would be lower if they included the effect of these expenses. Source: Barclays Capital.
Barclays Capital U.S. Government/Credit Bond Index. The Barclays Capital U.S. Government/Credit Bond Index is the nonsecuritized
component of the Barclays Capital U.S. Aggregate Index. The Barclays Capital U.S. Government/Credit Bond Index
inclues Treasuries (i.e., public obligations of the U.S. Treasury that have remaining maturities of more than one year), Government-
Related issues (i.e., agency, sovereign, supranational, and local authority debt), and Corporates. These returns do not include the
effect of any investment management expenses. These returns would have been lower if they included the effect of these expenses.
Barclays Capital U.S. 5-10 Year Government/Credit Bond Index. This index includes all medium and larger issues of U.S.
government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between
5 and 10 years and are publicly issued. These returns do not include the effect of any investment management expenses. These
returns would have been lower if they included the effect of these expenses.
Lipper VUF Natural Resources Funds Index. The Lipper Variable Underlying Funds (VUF) Natural Resources Funds Index is an
unmanaged, equally-weighted index of the 10 largest mutual funds in the Lipper VUF Natural Resources category of funds. These
returns do not include the effect of any operating expenses of a mutual fund or taxes payable by investors and would be lower if they
included these effects.
MSCI EAFE Index (GD). The Morgan Stanley Capital International Europe, Australasia Far East (EAFE) Index is a weighted, unmanaged
index of performance that reflects stock price movements in Europe, Australasia, and the Far East. The Portfolio utilizes the MSCI
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