Prudential mutual funds honored by Lipper

Prudential mutual funds honored by Lipper

NEWARK, N.J.--(BUSINESS WIRE)-- Three Prudential Investments mutual funds won awards based on 10-year risk-adjusted performance at Lipper's recent annual mutual fund awards ceremony in New York City. The awards honor mutual funds that have delivered consistently competitive risk-adjusted performance relative to peers. Prudential Investments is the mutual fund family of Prudential Financial Inc. (NYS: PRU) and offers funds across a range of asset classes and sectors, including equity, fixed income, real estate and specialty securities.

All three award-winning mutual funds are managed by Jennison Associates, which builds portfolios from the bottom up, based on its research of individual company fundamentals. Jennison's investment capabilities span market capitalizations, styles, and geographies. Jennison managed assets of $156.5 billion as of December 31, 2012.

"This is a terrific honor and we are extremely proud to have our mutual funds recognized once again by Lipper," said Stuart Parker, president of Prudential Investments. "The awards bring well-deserved recognition to our Jennison Associates investment managers who work tirelessly to help clients meet their investment objectives in spite of volatile market conditions, which has been vital to the success of our mutual fund business.''

Prudential Investments' Lipper Award winners for 10-year risk-adjusted investment performance through the period ending November 30, 2012, were as follows:

• Prudential Jennison Natural Resources Fund, Inc. (Class Z, PNRZX), which won out of 31 funds in the Global Natural Resources category. This is the sixth consecutive year that this fund has won a Lipper Award.

• Prudential Jennison Mid-Cap Growth Funds Fund, Inc. (Class Z, PEGZX), which won out of 251 funds in the Mid-Cap Growth category. The Fund, which won a Lipper Award in 2007, is one of the largest in its class, with more than $8 billion in assets as of February 28, 2013. The fund will implement a soft close on or about April 8, 2013, to preserve the integrity of the investment process and serve the best interests of existing shareholders.

• Prudential Jennison Health Sciences Fund* (Class Z, PHSZX), which won out of 48 funds in the Health/Biotechnology category. The Fund has won Lipper Awards five of the last seven years.

Class Z shares are available to individual investors through certain retirement, mutual fund wrap and asset allocation programs, and to institutions at an investment minimum of $10,000,000. Performance by share class may vary. Other share classes, which contain either a sales load or a contingent deferred sales charge, are also available. These expenses could lower total fund return. Please see the prospectus for additional information about fees, expenses and investor eligibility requirements.

Prudential Financial, Inc. (NYS: PRU) , a financial services leader with approximately $1.060 trillion of assets under management as of December 31, 2012, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential's iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit http://www.news.prudential.com/.

*As of the close of business on June 29, 2012, the Fund was closed to new investors. Please see the Fund's prospectus for more detailed information.

The risks associated with these funds may include: investing in foreign securities, which are subject to currency fluctuation and political uncertainty; short sales, which involve costs and the risk of potentially unlimited losses; derivative securities, which may carry market, credit, and liquidity risks; investments in the natural resources, health sciences, and real estate sectors, thereby increasing vulnerability to any single economic, political, or regulatory development. Investing in real estate poses risks related to individual property, credit, and interest rate fluctuations. Some funds are non-diversified, so a loss resulting from a particular security or sector will have a greater impact on the Fund's return. These risks may result in greater share price volatility. There is no guarantee the Funds' objectives will be achieved. The risks associated with each fund are explained more fully in the respective fund's prospectus.

The Lipper Fund Awards are based on risk-adjusted returns for the three-, five-, and 10-year periods ending 11/30/2012. Prudential Jennison Mid-Cap Growth Fund Class Z shares were ranked 71 out of 443, 30 out of 372, and 1 out of 251 Mid-Cap Growth Funds for the three-, five, and 10-year periods, respectively. The Prudential Jennison Natural Resources Fund Class Z shares were ranked 67 out of 100, 13 out of 74, and 1 out of 31 Global Natural Resources Funds for the three-, five-, and 10-year periods, respectively, and the Prudential Jennison Health Sciences Fund Class Z shares were ranked 10 out of 53, 3 out of 56, and 1 out of 48 Health/Biotechnology Funds for the three-, five-, and 10-year periods, respectively.

To be eligible for the Lipper Fund Awards, funds had to be registered for sale in the respective country as of the end of 2012 and had to have at least 36 months of performance history as of the end of the evaluation year. Rankings do not take sales charges into account. Past performance is no guarantee of future results. Performance by share class may vary.

Consider a fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus, and a summary prospectus, contain this and other information about the fund. Contact your financial professional for a prospectus and a summary prospectus. Read it carefully before investing.

Mutual funds are distributed by Prudential Investment Management Services LLC (PIMS), member SIPC. Jennison Associates and Prudential Investment Management (PIM) are registered investment advisors. Both are Prudential Financial companies. Prudential Investments, Prudential, Jennison Associates, Jennison, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.

Control Number: 0241124-00001-00

Prudential Financial, Inc.
Darrell Oliver,973-802-9627
Darrell.Oliver@prudential.com

KEYWORDS: United States North America New Jersey

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