Jennison Natural Resources A LW  PGNAX.LW
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Natural Resources Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Large
   Growth
  
  
As of 2009-09-30
Day Change
$ -0.40
  
NAV (2009-11-20)
$ 44.04
  
YTD Return % (2009-11-20)
66.06%
  
Total Assets ($ mil)
3,408
View Data Definitions
  Performance    
Growth of $10,000 Fund: Jennison Natural Resources A LW
(from 1999-01-01 to 2009-10-31) Category: Natural Resources
Index: S&P 500 TR
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1990-01-22 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 66.06 130.11 6.35 16.55 17.93 12.08
+/- Category 35.53 110.25 8.01 8.03 6.71 ---
+/- S&P 500 TR 42.54 81.31 12.25 15.87 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 58.33 5.66 7.22 16.49 17.33 12.23
Month-End (as of 2009-10-31) 55.62 53.01 4.47 16.14 17.93 12.08
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 50.63 2.27 14.27 16.59 ---
On Distribution & Sale of Shares --- 34.19 2.89 13.29 15.58 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 109 funds), (5 yrs : out of 79 funds), (10 yrs : out of 48 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 0.48
Software 0.00
Hardware 0.48
Media 0.00
Telecommunications 0.00
Service 0.79
Healthcare 0.00
Consumer Services 0.00
Business Services 0.79
Financial Services 0.00
Manufacturing 98.73
Consumer Goods 0.78
Industrial Materials 36.38
Energy 59.48
Utilities 2.09
Asset Allocation
% of Net Assets
Cash 3.9
Stocks 95.8
Bonds 0.0
Other 0.3
Foreign Stocks 52.1
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 106 Turnover % 51
Total Number of Bond Holdings 0 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 19.91 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
Dryden Core Invest --- --- --- 3.94
Southwestern Energy Company 17.67 43.22 2.56
Halliburton Company 8.38 65.84 2.27
Occidental Petroleum Corporation 7.20 34.97 2.24
Freeport-McMoRan Copper & Gold B --- 246.03 2.05
Petroleo Brasileiro S.A. ADR 5.69 106.31 1.94
Buenaventura Mining Company Inc. ADR 33.22 99.11 1.88
First Quantum Minerals Ltd --- --- 1.82
Weatherford International Ltd 5.52 56.47 1.75
Cameron International Corporation 7.89 82.83 1.72
Data through 2009-09-30
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1990-01-22
Portfolio Manager  (Start Date)
David A. Kiefer  (2005-04-22)
Kiefer is a managing director of Jennison, which he joined in September 2000. He joined Prudential's management training program in 1986. From 1988 to 1990, Kiefer worked at Prudential Power Funding Associates, making loans to the energy industry. He then left to attend business school, rejoining Prudential in equity asset management in 1992. Kiefer became a portfolio manager in 1994 at Prudential. Kiefer holds the Charted Financial Analyst designation.
John Jay Saunders  (2006-07-31)
Saunders is a managing director of Jennison. Prior to joining Jennison in October 2005,heworked for the Global Oil Team as a Vice President at Deutsche Bank Securities from 2000 to 2005. At Deutsche Bank Securities, Saunders covered North American integrated oils, independent refiners and exploration and production companies. From 1997 to 2000,he worked at the Energy Intelligence Group and became the Managing Editor for the Oil Market Intelligence newsletter, reporting on a broad range of energy topics.
Neil P Brown  (2006-07-31)
Brown is a Principal of Jennison, which he joined in November 2005. Prior to joining Jennison, Brown worked on the North American Oil and Gas Exploration and Production team at Deutsche Bank Securities from 2000 to 2005. Prior to that, he worked at Donaldson, Lufkin, and Jenrette covering the Exploration and Production sector. Brown also worked as an Analyst in Metropolitan Life Insurance Companies Institutional Finance department from 1997 to 2000. Brown holds the Charted Financial Analyst designation.
Sales Charge %
(taken from prospectus dated 2009-07-31)
Front: None
Deferred: None
Expense Ratio % 1.14
based on net assets
(taken from annual report dated 2008-05-31)
Correspondence Information
100 Mulberry Street

Newark,  NJ  07102
USA
Telephone:
800-225-1852
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

© Copyright 2009 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.