10/24/2024 | Press release | Distributed by Public on 10/24/2024 10:35
Annual Fee
|
Minimum
|
Maximum
|
||
Base Contract
1
|
1.00% | 3.25% | ||
Investment Options (Portfolio Fees and Expenses)
|
0.52% | 0.85% | ||
Optional Benefits For An Additional Charge
2
|
None | None |
1 The Base Contract fee includes the fee for the IncomeFlex Target Benefit and the mortality and expense fee.
2 The Optional Benefit is the Optional Spousal Benefit.
|
Lowest Annual Cost
$1,389
|
Highest Annual Cost
$3,499
|
|
Assumes:
• Investment of $100,000
• 5% annual appreciation
• Least expensive combination of Base Contract fee and portfolio fees and expenses
• No sales charges
• No additional purchase payments, transfers or withdrawals
|
Assumes:
• Investment of $100,000
• 5% annual appreciation
• Most expensive combination of Base Contract fee and portfolio fees and expenses
• No sales charges
• No additional purchase payments, transfers or withdrawals
|
ANNUAL PORTFOLIO COMPANY EXPENSES
|
Minimum | Maximum | |||||||
Annual Portfolio Company Expenses
|
0.52% | 0.85% | ||||||
(expenses that are deducted from portfolio assets, including management fees, distribution and/or service
(12b-1)
fees, and other expenses)
|
PORTFOLIO
TYPE/
INVESTMENT
OBJECTIVE
|
PORTFOLIO NAME
AND
ADVISER/SUBADVISER
|
CURRENT
EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS
(as of 12/31/23) |
|||||||
1 YEAR
|
5 YEARS
(or since
inception) |
10 YEARS
(or since
inception) |
||||||||
Moderate Allocation
The investment objective of the fund is to seek income and long-term growth of capital.
|
PGIM Balanced Fund (Class Z)
1
(Closed to new investors)
Adviser:
PGIM Investments LLC
Sub-Advisers:
PGIM Quantitative Solutions LLC (Asset Allocation and Equity Subadviser); PGIM Fixed Income and PGIM Limited (Fixed Income Subadvisers)
|
0.79%
|
17.07%
|
8.03%
|
6.72%
|
PORTFOLIO
TYPE/
INVESTMENT
OBJECTIVE
|
PORTFOLIO NAME
AND
ADVISER/SUBADVISER
|
CURRENT
EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS
(as of 12/31/23) |
|||||||
1 YEAR
|
5 YEARS
(or since
inception) |
10 YEARS
(or since
inception) |
||||||||
Moderate Allocation
The investment objective of the fund is to seek a balance between growth and conservation of capital.
|
PGIM 60/40 Allocation Fund (Class R6)
2
Adviser:
PGIM Investments LLC
Sub-Adviser:
PGIM Quantitative Solutions LLC
|
0.40%
|
18.93%
|
9.58%
|
7.80%
|