Morningstar Overall Rating™ for Class Z shares as of 10/31/2012. Morningstar measures risk-adjusted returns. The overall rating
is a weighted average based on a fund’s 3-, 5-, and 10-year star rating.
(PDBZX)
PRUDENTIAL TOTAL RETURN BOND FUND, INC.
Among 997 Intermediate-Term Bond funds. The 3-, 5-,
and 10-year ratings are 5 stars out of 997 funds, 5 stars
out of 876 funds, and 5 stars out of 615 funds, respectively.
(PIFZX)
PRUDENTIAL SHORT-TERM CORPORATE
BOND FUND, INC.
Among 354 Short-Term Bond funds. The 3-, 5-, and 10-
year ratings are 4 stars out of 354 funds, 5 stars out of
318 funds, and 5 stars out of 204 funds, respectively.
(PCIZX)
PRUDENTIAL CA MUNICIPAL INCOME FUND
Among 135 Muni California Long funds. The 3-, 5-, and
10-year ratings are 4 stars out of 135 funds, 5 stars out
of 129 funds, and 5 stars out of 107 funds, respectively.
(PZTRX)
PRUDENTIAL GLOBAL TOTAL RETURN FUND
Among 247 World Bond funds. The 3-, 5-, and 10-year
ratings are 5 stars out of 247 funds, 4 stars out of 179
funds, and 4 stars out of 127 funds, respectively.
(PHYZX)
PRUDENTIAL HIGH-YIELD FUND
Among 513 High Yield Bond funds. The 3-, 5-, and 10-year
ratings are 4 stars out of 513 funds, 5 stars out of 449
funds, and 5 stars out of 312 funds, respectively.
(PHIZX)
PRUDENTIAL MUNICIPAL HIGH-INCOME FUND
Among 142 High Yield Muni funds. The 3-, 5-, and 10-year
ratings are 4 stars out of 142 funds, 5 stars out of 126
funds, and 5 stars out of 91 funds, respectively.
(PGVZX)
PRUDENTIAL GOVERNMENT INCOME FUND
Among 317 Intermediate Government funds. The 3-,
5-, and 10-year ratings are 4 stars out of 317 funds, 4
stars out of 292 funds, and 3 stars out of 248 funds,
respectively.
(DNMZX)
PRUDENTIAL NATIONAL MUNICIPALS FUND
Among 221 Muni National Long funds. The 3-, 5-, and
10-year ratings are 4 stars out of 221 funds, 4 stars out of
206 funds, and 4 stars out of 175 funds, respectively.
DIVIDEND-ORIENTED EQUITIES & REITs: Income with the potential for growth and inflation protection
(PURZX)
(JDEZX)
PRUDENTIAL JENNISON EQUITY INCOME FUND
Among 1,044 Large Value funds. The 3-year rating is 4
stars out of 1,044 funds.
Star ratings shown are for Class Z shares, which are available to individual investors through certain retirement and
wrap fee programs, and to institutions at an investment minimum of $10,000,000. Performance by share class may
vary. In addition to the ones shown above, other classes, which contain either a sales load or a contingent deferred sales
charge, are also available. These expenses will generally lower total fund return. Please see the prospectus for additional
information about fees, expenses and investor eligibility requirements.
PHYZX, PHIZX, DNMZX, PIFZX, PDBZX). The risks associated with each fund are explained more fully in each fund’s respective prospectus. There is no guarantee a
fund’s objectives will be achieved.
Some Morningstar Ratings may not be customarily based on adjusted historical returns. If so, an investment’s independent Morningstar Rating metric is compared against the
retail mutual fund universe breakpoints to determine its hypothetical rating for certain time periods. For each fund with a 3-year history, Morningstar calculates a Morningstar
Rating based on a Morningstar risk-adjusted return measure that accounts for variation in a fund’s monthly performance, including the effects of sales charges, placing more
emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35%
receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Funds were rated against U.S.-domiciled funds. Other share classes may have different
performance characteristics. Past performance does not guarantee future results.
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information.
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