Jennison Equity Income A  SPQAX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Large Value 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?
   Medium
   Value
  
  
As of 2009-09-30
Day Change
$ -0.01
  
NAV (2009-11-20)
$ 11.36
  
YTD Return % (2009-11-20)
35.40%
  
Total Assets ($ mil)
152
View Data Definitions
  Performance    
Growth of $10,000 Fund: Jennison Equity Income A
(from 2004-04-12 to 2009-10-31) Category: Large Value
Index: S&P 500 TR
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 2004-04-12 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 35.40 66.28 -0.77 4.24 --- 3.21
+/- Category 19.61 56.76 7.59 4.06 --- ---
+/- S&P 500 TR 11.88 17.48 5.13 3.56 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 24.35 0.31 -1.92 3.40 --- 2.50
Month-End (as of 2009-10-31) 22.32 21.05 -3.48 2.86 --- 2.16
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 20.45 -5.59 1.42 --- ---
On Distribution & Sale of Shares --- 13.57 -3.23 2.20 --- ---
Morningstar Rating --- --- --- ---
# of compared funds covered (3 yrs : out of 1124 funds), (5 yrs : out of 934 funds), (10 yrs : out of funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is 5.50%, 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 17.31
Software 3.04
Hardware 0.00
Media 0.00
Telecommunications 14.27
Service 33.24
Healthcare 8.30
Consumer Services 3.07
Business Services 3.81
Financial Services 18.06
Manufacturing 49.45
Consumer Goods 16.53
Industrial Materials 6.24
Energy 7.91
Utilities 18.77
Asset Allocation
% of Net Assets
Cash 1.9
Stocks 86.0
Bonds 1.9
Other 10.3
Foreign Stocks 23.7
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 64 Turnover % 66
Total Number of Bond Holdings 1 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 25.78 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
B&G Foods, Inc. 20.37 61.67 3.52
IESI-BFC Ltd --- --- 3.20
Consolidated Communications, Inc. 65.79 30.64 2.78
Goldman Sachs Group, Inc. 18.87 102.84 2.73
Microsoft Corporation 10.42 55.04 2.56
ConAgra Foods, Inc. 14.71 40.12 2.32
WHITING PETE CORP NEW --- --- 2.29
Annaly Capital Management, Inc. 24.81 25.39 2.27
NiSource, Inc. 8.18 31.54 2.17
Cadbury PLC ADR 27.17 50.87 1.94
Data through 2009-09-30
YTD Return through 2009-11-20
  Other Information
Fund Inception: 2004-04-12
Portfolio Manager  (Start Date)
Ubong Edemeka  (2007-01-12)
Edemeka, a managing director of Jennison, joined the company in March 2002. He began his career as an equity analyst at Prudential Investments in the Equity Mutual Funds Group in 1997. In 2000, Edemeka was with SSB Citi Asset Management Group in the Global Utilities Team before joining Goldman Sachs & Co.
Shaun Hong  (2007-01-12)
Hong serves as managing director with Jennison Associates, his employer since September 2000. Previously, he was vice president and equity research analyst with Prudential Investments from 1999 to September 2000. Prior to that, he was employed as an analyst with Equinox Capital Management from 1994 to 1999. Hong holds the Chartered Financial Analyst designation.
Sales Charge %
(taken from prospectus dated 2009-02-12)
Front: 5.50
Deferred: None
Expense Ratio % 1.41
based on net assets
(taken from annual report dated 2008-10-31)
Correspondence Information
100 Mulberry Street
Gateway Center Three, 4th Floor
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.