Prudential 2001 Annual Report Download - page 19

Download and view the complete annual report

Please find page 19 of the 2001 Prudential annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 172

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172

Portfolio management Je nnison inves tment
pro fess ionals hold a teleconfere ncing strategy session.
Prude ntial Financ ial 2 00 1 Annual Repo rt 17
More than a century of managing assets
Prudential Financial entered the asset management business more than
a century ago, when we funded our general account with our rst
collected life insurance premium. Today, our asset management division
invests $299 billion for institutional and retail clients, as well as our
general account.
More than 600 institutionsincluding some of the world’s largest
companies, governments, and pension funds—have chosen Prudential
Financial to manage their assets, capitalizing on our experience and
strong market positions. We’re one of the largest fixed income managers
in the U.S. We’re among the worlds largest global real estate managers,
with institutional clients across the U.S., Europe, Asia and Latin
America. We’re a leading provider of commercial real estate nancing
and among the top ten servicers of commercial mortgages. And for
more than 60 years, we’ve been a major provider of private nancing
to institutions; many mid-sized companies we financed decades ago
are now household names.
The strength of Jennison Associates
Today at Prudential Financial, we’re applying our renowned institutional
asset management skills to create stronger retail products and services. In
May of 2000, we consolidated all active equity management under
our investment subsidiary Jennison Associates. Jennison is a major
institutional equity manager with more than 30 years of experience in
growth stock management and is now among the 20 largest equity
managers in the U.S.
In addition to managing the equity portfolios of many blue-chip
institutional clients, the 47 investment professionals at Jennison
Associates also manage a broad range of active equity and balanced
mutual funds and managed accounts using growth, value and blend
investment styles.
A broad range of mutual fund choices
Investors who choose Prudential Financial will find a diverse array of
Prudential-managed mutual funds covering a wide range of asset
classes and investment stylesstock, bond and money market, growth
and value, domestic and international, and sector fundseach
designed to help them meet their investment objectives. We’re proud
that so many investors have chosen Prudential mutual funds, entrusting
us with more than $57 billion in retail mutual fund assets.
Portfolio management Je nnison inves tment
pro fess ionals hold a teleconfere ncing strategy session.
Our Mutual Fund Family
offers growth and protection
Large Capitalization Stock Funds
Prude ntial 2 0 / 20 Fo cus Fund
Prude ntial Equity Fund, Inc.
Prude ntial Jennison Gro wth Fund
Prude ntial Stock Index Fund
Prude ntial Tax-Manage d Equity Fund
Prude ntial Value Fund
Small/ Mid-Capitalization Stock Funds
Prude ntial Jennison Equity
Opportunity Fund
Prude ntial Small Company Fund, Inc.
Prude ntial Tax-Manage d Small-Cap Fund, Inc.
Prude ntial U.S. Emerging Growth Fund, Inc.
Nicho las -Applegate Growth Equity Fund
Sector Stock Funds
Prude ntial Financial Se rvices Fund
Prude ntial He alth Sciences Fund
Prude ntial Natural Re s ource s Fund, Inc.
Prude ntial Re al Es tate Securities Fund
Prude ntial Techno logy Fund
Prude ntial Utility Fund
Money Market Funds
Prude ntial Mo neyMart As se ts , Inc.
Prude ntial Tax-Free Money Fund, Inc.
Prude ntial Governme nt Securitie s Trus t/
Money Marke t Series
U.S. Treasury Mo ney Market Se rie s
COMMAND Money Fund
COMMAND Tax-Free Fund
COMMAND Government Fund
Prude ntial Ins titutio nal Liquidity Portfolio,
Inc./ Ins titutional Mo ney Market Se ries
Cash Accumulation Trust/
Liquid Ass ets Fund
National Money Marke t Fund
Spe c ial Money Marke t Fund, Inc .
Balanced Funds
Prude ntial Active Balance d Fund
Domestic Bond Funds
Prude ntial Governme nt Inc o me Fund, Inc.
Prude ntial High Yie ld Fund, Inc .
Prude ntial Short-Term Corpo rate
Bond Fund, Inc./ Inc o me Portfolio
Prude ntial Total Return Bo nd Fund, Inc.
Prude ntial High Yield Total Return Fund, Inc.
Tax-Free Bond Funds
Prude ntial Municipal Bond Fund/
High Inco me Se ries
Insured Se ries
Prude ntial National Municipals
Fund, Inc.
State-Specific Tax-Free Funds
Prude ntial California Municipal Fund/
Califo rnia Inc o me Series
Califo rnia Series
Prude ntial Municipal Series Fund/
Florida Series
Ne w Jersey Se ries
Ne w York Series
Pe nnsylvania Series
Global/ International Bond Funds
Prude ntial Global Total Re turn Fund, Inc.
Global/ International Stock Funds
Prude ntial Euro pe Growth Fund, Inc.
Prude ntial Global Growth Fund
Prude ntial International Value Fund
Prude ntial Jennison International
Growth Fund
Prude ntial Pacific Growth Fund, Inc.