The Prudential Series Fund
The Prudential Series Fund
The Prudential Series Fund
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<strong>The</strong> Portfolio invests primarily in common stocks (and their equivalents) of foreign and U.S. companies. Each subadviser for the<br />
Portfolio generally will use either a “growth” approach or a “value” approach in selecting either foreign or U.S. common stocks. <strong>The</strong><br />
approximate asset allocations as of February 27, 2009, area of geographic focus, and primary investment style for each subadviser are<br />
set forth below.<br />
Global Portfolio: Subadviser Allocations<br />
Approximate<br />
Asset Allocation<br />
Primary<br />
Geographic<br />
Focus & Asset<br />
Class<br />
Investment Style<br />
William Blair 25.3% Foreign Equity Growth-oriented<br />
LSV 23.4% Foreign Equity Value-oriented<br />
Marsico 26.9% U.S. Equity Growth-oriented<br />
T. Rowe Price 23.8% U.S. Equity Value-oriented<br />
In addition to the subadvisers listed above, each of Quantitative Management Associates LLC (QMA) Jennison Associates LLC<br />
(Jennison) and <strong>Prudential</strong> Investment Management, Inc. (PIM) may provide “Management Services” and/or “Advice Services” to the<br />
Portfolio. Management Services includes discretionary investment management authority for all or a portion of the Portfolio’s assets.<br />
Advice Services includes investment advice, asset allocation advice and research services other than day-to-day management of the<br />
Portfolio.<br />
Although QMA, Jennison and PIM have been appointed to serve as subadvisers to the Portfolio, QMA presently provides only Advice<br />
Services to the Portfolio. PI has no current plans or intention to utilize QMA to provide Management Services to the Portfolio. PI has<br />
no current intention to utilize Jennison or PIM to provide any Management Services or Advice Services to the Portfolio.<br />
Depending on future circumstances and other factors, however, PI, in its discretion, and subject to further approval by the Board,<br />
may in the future elect to utilize QMA, Jennison or PIM to provide Management Services and/or Advice Services to the Portfolio, as<br />
applicable.<br />
Principal Risks:<br />
■ company risk<br />
■ common and preferred stock risk<br />
■ derivatives risk<br />
■ foreign investment risk<br />
■ growth stock risk<br />
■ value stock risk<br />
■ leveraging risk<br />
■ management risk<br />
■ market risk<br />
■ selection risk<br />
■ currency risk<br />
Government Income Portfolio<br />
Investment Objective: a high level of income over the long term consistent with the preservation of capital.<br />
We normally invest at least 80% of the Portfolio’s investable assets (net assets plus any borrowings made for investment purposes) in<br />
U.S. Government securities, including intermediate and long-term U.S. Treasury securities and debt obligations issued by agencies or<br />
instrumentalities established by the U.S. Government, mortgage-related securities and collateralized mortgage obligations. <strong>The</strong><br />
Portfolio may invest up to 20% of investable assets in other securities, including corporate debt securities. While we make every<br />
effort to achieve our objective, we can’t guarantee success and it is possible that you could lose money.<br />
Principal Risks:<br />
■ credit risk<br />
■ derivatives risk<br />
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