0001193125-13-349881.txt : 20130828 0001193125-13-349881.hdr.sgml : 20130828 20130828124407 ACCESSION NUMBER: 0001193125-13-349881 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130630 FILED AS OF DATE: 20130828 DATE AS OF CHANGE: 20130828 EFFECTIVENESS DATE: 20130828 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL JENNISON SMALL CO FUND, INC. CENTRAL INDEX KEY: 0000318531 IRS NUMBER: 133040042 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-03084 FILM NUMBER: 131065167 BUSINESS ADDRESS: STREET 1: GATEWAY CENTER THREE, 4TH FLOOR STREET 2: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 9738026469 MAIL ADDRESS: STREET 1: GATEWAY CENTER THREE, 4TH FLOOR STREET 2: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: JENNISON SMALL CO FUND, INC. DATE OF NAME CHANGE: 20070801 FORMER COMPANY: FORMER CONFORMED NAME: JENNISON SMALL CO FUND INC DATE OF NAME CHANGE: 20030716 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL SMALL CO FUND INC DATE OF NAME CHANGE: 20000926 0000318531 S000004629 PRUDENTIAL JENNISON SMALL COMPANY FUND, INC. C000012606 Class A PGOAX C000012607 Class B CHNDX C000012608 Class C PSCCX C000012609 Class Z PSCZX C000012610 Class R JSCRX C000038966 Class New X C000038967 Class X C000093652 Class Q PJSQX N-Q 1 d568141dnq.htm PRUDENTIAL JENNISON SMALL COMPANY FUND, INC. Prudential Jennison Small Company Fund, Inc.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS

OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-03084

 

 

Prudential Jennison Small Company Fund, Inc.

(Exact name of registrant as specified in charter)

 

 

Gateway Center 3,

100 Mulberry Street,

Newark, New Jersey 07102

(Address of principal executive offices)

 

 

Deborah A. Docs

Gateway Center 3,

100 Mulberry Street,

Newark, New Jersey 07102

(Name and address of agent for service)

 

 

800-225-1852

(Registrant’s telephone number, including area code)

Date of fiscal year end: 9/30/2013

Date of reporting period: 6/30/2013

 

 

 

Item 1. Schedule of Investments

Prudential Jennison Small Company Fund, Inc.

Schedule of Investments

as of June 30, 2013 (Unaudited)

 

      Shares      Value  

LONG-TERM INVESTMENTS — 97.9%

      

COMMON STOCKS

      

Aerospace & Defense — 0.4%

      

Moog, Inc. (Class A Stock)*

      832       $ 42,873   

Teledyne Technologies, Inc.*

      164,037         12,688,262   
     

 

 

  
        12,731,135   
     

 

 

  

Air Freight & Logistics — 0.2%

      

Hub Group, Inc. (Class A Stock)*

      152,900         5,568,618   
     

 

 

  

Airlines — 0.7%

      

Spirit Airlines, Inc.*

      693,614         22,036,117   
     

 

 

  

Biotechnology — 1.3%

      

BioMarin Pharmaceutical, Inc.*

      802         44,743   

Cepheid, Inc.*(a)

      301,883         10,390,813   

Exact Sciences Corp.*

      1,157,170         16,096,235   

KYTHERA Biopharmaceuticals, Inc.*

      487,924         13,198,344   

Onyx Pharmaceuticals, Inc.*

      551         47,838   
     

 

 

  
        39,777,973   
     

 

 

  

Capital Markets — 2.7%

      

Artisan Partners Asset Management, Inc.*

      104,857         5,233,413   

Eaton Vance Corp.(a)

      770,406         28,959,561   

Evercore Partners, Inc. (Class A Stock)

      404,967         15,907,104   

Waddell & Reed Financial, Inc. (Class A Stock)

      713,498         31,037,163   
     

 

 

  
        81,137,241   
     

 

 

  

Chemicals — 1.1%

      

Albemarle Corp.(a)

      240,260         14,965,795   

Intrepid Potash, Inc.

      859,371         16,371,018   

Omnova Solutions, Inc.*

      1,619         12,968   
     

 

 

  
        31,349,781   
     

 

 

  

Commercial Banks — 7.6%

      

Bank of the Ozarks, Inc.(a)

      473,117         20,500,160   

BankUnited, Inc.

      340,718         8,862,075   

BOK Financial Corp.

      502,531         32,187,111   

East West Bancorp, Inc.

      1,141,904         31,402,360   

First Republic Bank

      882,803         33,970,260   

Pinnacle Financial Partners, Inc.*

      565,224         14,531,909   

Prosperity Bancshares, Inc.

      573,480         29,700,529   

Signature Bank*(a)

      285,421         23,695,651   

Wintrust Financial Corp.(a)

      818,333         31,325,787   
     

 

 

  
        226,175,842   
     

 

 

  

Commercial Services & Supplies — 2.3%

      

Mobile Mini, Inc.*

      597,926         19,821,247   

Waste Connections, Inc.(a)

      614,313         25,272,837   

West Corp.

      1,025,673         22,708,400   
     

 

 

  
        67,802,484   
     

 

 

  

Communications Equipment — 0.6%

      

NETGEAR, Inc.*

      555,487         16,964,573   
     

 

 

  

Construction & Engineering — 0.8%

      

Great Lakes Dredge & Dock Corp.

      3,166,738         24,763,891   
     

 

 

  

Diversified Telecommunication Services — 2.9%

      

Cogent Communications Group, Inc.

      914,551         25,744,611   

Frontier Communications Corp.

      4,804,152         19,456,815   

Lumos Networks Corp.

      645,488         11,037,845   

tw telecom, Inc.*

      1,022,703         28,778,862   
     

 

 

  
        85,018,133   
     

 

 

  

Electric Utilities — 1.1%

      

ITC Holdings Corp.

      345,069         31,504,800   
     

 

 

  

Electrical Equipment — 0.7%

      

Polypore International, Inc.*(a)

      543,159         21,889,308   
     

 

 

  

Electronic Equipment, Instruments & Components

      

Anixter International, Inc.*

      555         42,075   
     

 

 

  

Energy Equipment & Services — 2.5%

      

Dresser-Rand Group, Inc.*

      403,819         24,221,064   

Dril-Quip, Inc.*

      323,577         29,215,767   

Superior Energy Services, Inc.*

      847,418         21,982,023   
     

 

 

  
        75,418,854   
     

 

 

  

Food & Staples Retailing — 2.3%

      

Harris Teeter Supermarkets, Inc.

      533,473         24,998,545   

Susser Holdings Corp.*(a)

      268,894         12,874,644   

United Natural Foods, Inc.*(a)

      548,422         29,609,304   
     

 

 

  
        67,482,493   
     

 

 

  

Food Products — 1.9%

      

Adecoagro SA (Luxembourg)*

      1,872,297         11,701,856   

Hain Celestial Group, Inc. (The)*(a)

      565,567         36,744,888   

SunOpta, Inc. (Canada)*

      1,221,198         9,268,893   
     

 

 

  
        57,715,637   
     

 

 

  

Healthcare Equipment & Supplies — 1.2%

      

Hologic, Inc.*

      2,642         50,991   

Insulet Corp.*(a)

      985,388         30,951,037   

TearLab Corp.*(a)

      415,968         4,417,580   
     

 

 

  
        35,419,608   
     

 

 

  

Healthcare Providers & Services — 8.1%

      

Acadia Healthcare Co., Inc.*

      1,527         50,498   

Air Methods Corp.(a)

      1,390,350         47,105,058   

Bio-Reference Labs, Inc.*(a)

      907,771         26,098,416   

Catamaran Corp. (Canada)*

      964         46,966   

Centene Corp.*

      771,309         40,462,870   

LifePoint Hospitals, Inc.*

      1,182         57,729   

Molina Healthcare, Inc.*(a)

      618,791         23,006,649   

MWI Veterinary Supply, Inc.*(a)

      224,471         27,663,806   

Team Health Holdings, Inc.*

      630,967         25,913,815   

Universal Health Services, Inc. (Class B Stock)

      778,980         52,160,501   
     

 

 

  
        242,566,308   
     

 

 

  

Hotels, Restaurants & Leisure — 3.2%

      

Bloomin’ Brands, Inc.*(a)

      453,441         11,281,612   

Cheesecake Factory, Inc. (The)(a)

      1,096,333         45,925,389   

Noodles & Co.*

      37,898         1,392,752   

Panera Bread Co. (Class A Stock)*(a)

      143         26,589   

Pinnacle Entertainment, Inc.*

      2,695         53,011   

Texas Roadhouse, Inc.

      2,350         58,797   

Vail Resorts, Inc.

      603,722         37,140,977   
     

 

 

  
        95,879,127   
     

 

 

  

Insurance — 5.0%

      

Protective Life Corp.

      1,234,110         47,402,165   

StanCorp Financial Group, Inc.

      198,446         9,805,217   

Symetra Financial Corp.

      2,562,587         40,975,766   

Validus Holdings Ltd.

      1,500         54,180   

White Mountains Insurance Group Ltd. (Bermuda)

      87,734         50,441,786   

WR Berkley Corp.

      1,329         54,303   
     

 

 

  
        148,733,417   
     

 

 

  

Internet & Catalog Retail — 0.4%

      

Vitacost.com, Inc.*(a)

      1,265,316         10,691,920   
     

 

 

  

Internet Software & Services — 1.1%

      

Cornerstone OnDemand, Inc.*(a)

      106,390         4,605,623   

Dealertrack Technologies, Inc.*

      58,765         2,082,044   

ExactTarget, Inc.*

      613,255         20,678,958   

Millennial Media, Inc.*(a)

      674,860         5,878,031   
     

 

 

  
        33,244,656   
     

 

 

  

IT Services — 4.1%

      

Gartner, Inc.*

      474,616         27,048,366   

Global Payments, Inc.

      550,508         25,499,531   

InterXion Holding NV (Netherlands)*

      915,317         23,917,233   

Vantiv, Inc. (Class A Stock)*(a)

      1,630,502         45,001,855   
     

 

 

  
        121,466,985   
     

 

 

  

Life Sciences Tools & Services — 1.2%

      

Bruker Corp.*

      1,207,166         19,495,731   

Fluidigm Corp.*

      1,015,134         17,724,240   
     

 

 

  
        37,219,971   
     

 

 

  

Machinery — 5.1%

      

CIRCOR International, Inc.

      371,632         18,901,203   

Crane Co.

      326,362         19,555,611   

IDEX Corp.

      593,679         31,945,867   

Nordson Corp.

      244,830         16,969,167   

RBC Bearings, Inc.*

      513,766         26,690,144   

Rexnord Corp.*

      395,335         6,661,395   

Terex Corp.*

      687,633         18,084,748   

Woodward, Inc.

      297,317         11,892,680   
     

 

 

  
        150,700,815   
     

 

 

  

Marine — 0.7%

      

Kirby Corp.*(a)

      255,259         20,303,301   
     

 

 

  

Media — 1.7%

      

Cinemark Holdings, Inc.

      1,373,537         38,349,153   

Imax Corp. (Canada)*(a)

      529,516         13,163,768   
     

 

 

  
        51,512,921   
     

 

 

  

Metals & Mining — 1.6%

      

A.M. Castle & Co.*

      1,053         16,595   

Compass Minerals International, Inc.

      192,487         16,270,926   

Constellium NV (France)*

      437,263         7,061,797   

McEwen Mining, Inc.*(a)

      3,388,219         5,692,208   

Reliance Steel & Aluminum Co.

      267,078         17,509,634   
     

 

 

  
        46,551,160   
     

 

 

  

Oil, Gas & Consumable Fuels — 5.0%

      

Bonanza Creek Energy, Inc.*

      603,871         21,413,266   

Cheniere Energy, Inc.*

      631         17,517   

PDC Energy, Inc.*

      114,605         5,899,865   

Rosetta Resources, Inc.*

      1,309,826         55,693,802   

SemGroup Corp. (Class A Stock)

      483,120         26,020,843   

Targa Resources Corp.

      405,050         26,056,866   

Whiting Petroleum Corp.*

      318,003         14,656,758   
     

 

 

  
        149,758,917   
     

 

 

  

Personal Products

      

Herbalife Ltd. (Cayman Islands)(a)

      1,258         56,786   
     

 

 

  

Pharmaceuticals — 0.7%

      

Pacira Pharmaceuticals, Inc.*(a)

      678,774         19,684,446   

Sagent Pharmaceuticals, Inc.*

      755         15,840   
     

 

 

  
        19,700,286   
     

 

 

  

Professional Services — 2.1%

      

Corporate Executive Board Co. (The)

      540,389         34,163,393   

FTI Consulting, Inc.*(a)

      402,924         13,252,170   

Huron Consulting Group, Inc.*

      813         37,593   

Korn/Ferry International*

      826,276         15,484,412   
     

 

 

  
        62,937,568   
     

 

 

  

Real Estate Investment Trusts — 6.3%

      

Blackstone Mortgage Trust, Inc.

      104,354         2,577,544   

Capstead Mortgage Corp.

      1,029,010         12,451,021   

Chimera Investment Corp.

      5,979,794         17,939,382   

Colony Financial, Inc.

      910,448         18,108,811   

Douglas Emmett, Inc.

      2,062         51,447   

First Potomac Realty Trust

      1,506         19,668   

Hersha Hospitality Trust

      4,080,515         23,014,105   

MFA Financial, Inc.

      5,319,619         44,950,780   

Pebblebrook Hotel Trust

      649,542         16,790,661   

PS Business Parks, Inc.

      180,649         13,037,438   

Starwood Property Trust, Inc.

      614,047         15,197,663   

Summit Hotel Properties, Inc.

      2,383,666         22,525,644   
     

 

 

  
        186,664,164   
     

 

 

  

Road & Rail — 1.3%

      

Genesee & Wyoming, Inc. (Class A Stock)*

      18,954         1,608,057   

Heartland Express, Inc.

      1,474,363         20,449,415   

Roadrunner Transportation Systems, Inc.*

      626,888         17,452,562   
     

 

 

  
        39,510,034   
     

 

 

  

Semiconductors & Semiconductor Equipment — 5.5%

      

ATMI, Inc.*

      1,035,677         24,493,761   

Cavium, Inc.*(a)

      1,129,115         39,936,797   

Hittite Microwave Corp.*

      413,661         23,992,338   

Power Integrations, Inc.

      975,853         39,580,598   

Semtech Corp.*

      983,498         34,451,935   
     

 

 

  
        162,455,429   
     

 

 

  

Software — 4.1%

      

BroadSoft, Inc.*(a)

      685,808         18,928,301   

Cadence Design Systems, Inc.*(a)

      3,604         52,186   

CommVault Systems, Inc.*

      269,852         20,479,068   

Fortinet, Inc.*

      796,559         13,939,782   

Jive Software, Inc.*(a)

      1,308,347         23,772,665   

Netscout Systems, Inc.*

      1,320         30,809   

QLIK Technologies, Inc.*

      957,147         27,058,546   

SolarWinds, Inc.*

      420,815         16,331,830   

Tableau Software, Inc. (Class A Stock)*

      9,893         548,270   

Ultimate Software Group, Inc.*

      493         57,824   
     

 

 

  
        121,199,281   
     

 

 

  

 

Specialty Retail — 6.2%

      

American Eagle Outfitters, Inc.

      756,435         13,812,503   

Asbury Automotive Group, Inc.*(a)

      575,666         23,084,207   

Chico’s FAS, Inc.

      1,560,205         26,617,097   

Dick’s Sporting Goods, Inc.(a)

      902         45,154   

DSW, Inc. (Class A Stock)

      230,002         16,898,247   

Express, Inc.*

      1,251,432         26,242,529   

Mattress Firm Holding Corp.*(a)

      1,102,856         44,445,097   

Pier 1 Imports, Inc.

      1,453,747         34,148,517   

Ulta Salon Cosmetics & Fragrance, Inc.*

      531         53,185   

Urban Outfitters, Inc.*

      1,203         48,385   
     

 

 

  
        185,394,921   
     

 

 

  

Textiles, Apparel & Luxury Goods — 1.0%

      

Deckers Outdoor Corp.*(a)

      306,917         15,502,378   

PVH Corp.

      121,690         15,217,334   
     

 

 

  
        30,719,712   
     

 

 

  

Thrifts & Mortgage Finance — 0.4%

      

WSFS Financial Corp.

      227,675         11,927,893   
     

 

 

  

Trading Companies & Distributors

      

WESCO International, Inc.*

      747         50,766   
     

 

 

  

Water Utilities — 0.6%

      

Aqua America, Inc.

      527,795         16,514,706   
     

 

 

  

Wireless Telecommunication Services — 2.2%

      

NII Holdings, Inc.*

      2,317,967         15,460,840   

NTELOS Holdings Corp.

      825,983         13,595,680   

SBA Communications Corp. (Class A Stock)*(a)

      474,022         35,134,511   
     

 

 

  
        64,191,031   
     

 

 

  

TOTAL LONG-TERM INVESTMENTS
(cost $2,152,953,268)

   

      2,912,750,638   
     

 

 

  

SHORT-TERM INVESTMENT — 18.1%

      

AFFILIATED MONEY MARKET MUTUAL FUND

      

Prudential Investment Portfolios 2 — Prudential Core Taxable Money Market Fund
(cost $537,340,631; includes $498,117,814 of cash collateral for securities on
loan)(b)(c)

      537,340,631         537,340,631   
     

 

 

  

TOTAL INVESTMENTS — 116.0%
(cost $2,690,293,899)(d)

   

      3,450,091,269   

LIABILITIES IN EXCESS OF OTHER ASSETS — (16.0)%

  

      (474,622,645 ) 
     

 

 

  

NET ASSETS — 100.0%

  

    $ 2,975,468,624   
     

 

 

  

 

* Non-income producing security.
(a) All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $483,042,255; cash collateral of $498,117,814 (included with liabilities) was received with which the Fund purchased highly liquid short-term investments.
(b) Prudential Investments LLC, the manager of the Fund also serves as manager of the Prudential Investment Portfolios 2 — Prudential Core Taxable Money Market Fund.
(c) Represents security, or a portion thereof, purchased with cash collateral received for securities on loan.
(d) The United States federal income tax basis of the Fund’s investments was $2,715,341,603; accordingly, net unrealized appreciation on investments for federal income tax purposes was $734,749,666 (gross unrealized appreciation $800,755,105; gross unrealized depreciation $66,005,439. The difference between book and tax basis is primarily attributable to deferred losses on wash sales, Lehman Brothers securities adjustment, and investments in passive foreign investment companies as of the most recent fiscal year end.

Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.

Level 1 - quoted prices generally in active markets for identical securities.

Level 2 - other significant observable inputs including, but not limited to, quoted prices for similar securities, interest rates and yield curves, prepayment speeds, foreign currency exchange rates, and amortized cost.

Level 3 - significant unobservable inputs for securities valued in accordance with Board approved fair valuation procedures.

The following is a summary of the inputs used as of June 30, 2013 in valuing such portfolio securities:

 

     Level 1      Level 2      Level 3  

Investments in Securities

  

Common Stocks

    $ 2,912,750,638       $ —         $ —     

Affiliated Money Market Mutual Fund

      537,340,631         —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ 3,450,091,269       $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Notes to Schedule of Investments (Unaudited)

Securities Valuation: The Fund holds portfolio securities and other assets that are fair valued at the close of each day the New York Stock Exchange (“NYSE”) is open for trading. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Board of Directors (the “Board”) has delegated fair valuation responsibilities to Prudential Investments LLC (“PI” or “Manager”) through the adoption of Valuation Procedures for valuation of the Fund’s securities. Under the current Valuation Procedures, a Valuation Committee is established and responsible for supervising the valuation of portfolio securities and other assets. The Valuation Procedures allow the Fund to utilize independent pricing vendor services, quotations from market makers and other valuation methods in events when market quotations are not readily available or not representative of the fair value of the securities. A record of the Valuation Committee’s actions is subject to review, approval and ratification by the Board at its next regularly scheduled quarterly meeting.

Various inputs are used in determining the value of the Fund’s investments, which are summarized in the three broad level hierarchies based on any observable inputs used as described in the table following the Schedule of Investments. The valuation methodologies and significant inputs used in determining the fair value of securities and other assets classified as Level 1, Level 2 and Level 3 of the hierarchy are as follows:

Common stocks, exchange-traded funds and financial derivative instruments (including futures contracts and certain options and swap contracts on securities), that are traded on a national securities exchange are valued at the last sale price as of the close of trading on the applicable exchange. Securities traded via NASDAQ are valued at the NASDAQ official closing price. To the extent these securities are valued at the last sale price or NASDAQ official closing price, they are classified as Level 1 of the fair value hierarchy.

In the event there is no sale or official closing price on such day, these securities are valued at the mean between the last reported bid and asked prices, or at the last bid price in absence of an asked price. These securities are classified as Level 2 of the fair value hierarchy as these inputs are considered as significant other observable inputs to the valuation.

For common stocks traded on foreign securities exchanges, certain valuation adjustments will be applied when events occur after the close of the security’s foreign market and before the Fund’s normal pricing time. These securities are valued using pricing vendor services that provide model prices derived using adjustment factors based on information such as local closing price, relevant general and sector indices, currency fluctuations, depositary receipts, and futures, as applicable. Securities valued using such model prices are classified as Level 2 of the fair value hierarchy as the adjustment factors are considered as significant other observable inputs to the valuation.

Investments in open-end, non-exchange-traded mutual funds are valued at their net asset values as of the close of the NYSE on the date of valuation. These securities are classified as Level 1 as they have the ability to be purchased or sold at their net asset values on the date of valuation.

Fixed income securities traded in the over-the-counter market, such as corporate bonds, municipal bonds, U.S. Government agencies issues and guaranteed obligations, U.S. Treasury obligations and sovereign issues are usually valued at prices provided by approved independent pricing vendors. The pricing vendors provide these prices usually after evaluating observable inputs including yield curves, credit rating, yield spreads, default rates, cash flows as well as broker/dealer quotations and reported trades. Securities valued using such vendor prices are classified as Level 2 of the fair value hierarchy.

Asset-backed and mortgage-related securities are usually valued by approved independent pricing vendors. The pricing vendors provide the prices using their internal pricing models with input from deal terms, tranche level attributes, yield curves, prepayment speeds, default rates and broker/dealer quotes. Securities valued using such vendor prices are classified as Level 2 of the fair value hierarchy.

Short-term debt securities of sufficient credit quality, which mature in sixty days or less, are valued using amortized cost method, which approximates fair value. The amortized cost method involves valuing a security at its cost on the date of purchase and thereafter assuming a constant amortization to maturity of the difference between the principal amount due at maturity and cost. These securities are categorized as Level 2 of the fair value hierarchy.

Over-the-counter financial derivative instruments, such as option contracts, foreign currency contracts and swaps agreements, are usually valued using pricing vendor services, which derive the valuation based on underlying asset prices, indices, spreads, interest rates, exchange rates and other inputs. These instruments are categorized as Level 2 of the fair value hierarchy.

Securities and other assets that cannot be priced using the methods described above are valued with pricing methodologies approved by the Valuation Committee. In the event there are unobservable inputs used when determining such valuations, the securities will be classified as Level 3 of the fair value hierarchy.

When determining the fair value of securities, some of the factors influencing the valuation include: the nature of any restrictions on disposition of the securities; assessment of the general liquidity of the securities; the issuer’s financial condition and the markets in which it does business; the cost of the investment; the size of the holding and the capitalization of the issuer; the prices of any recent transactions or bids/offers for such securities or any comparable securities; any available analyst media or other reports or information deemed reliable by the investment adviser regarding the issuer or the markets or industry in which it operates. Using fair value to price securities may result in a value that is different from a security’s most recent closing price and from the price used by other mutual funds to calculate their net asset values.

The Fund invests in the Prudential Core Taxable Money Market Fund, a portfolio of the Prudential Investment Portfolios 2, registered under the Investment Company Act of 1940, as amended, and managed by PI.

Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).

Item 2. Controls and Procedures

 

  (a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

 

  (b) There have been no significant changes in the registrant’s internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

 

Item 3. Exhibits

Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 — Attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Prudential Jennison Small Company Fund, Inc.

 

By (Signature and Title)*   /s/ Deborah A. Docs
  Deborah A. Docs
  Secretary of the Fund

Date August 22, 2013

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By (Signature and Title)*   /s/ Stuart S. Parker
  Stuart S. Parker
  President and Principal Executive Officer

Date August 22, 2013

 

By (Signature and Title)*   /s/ Grace C. Torres
  Grace C. Torres
  Treasurer and Principal Financial Officer

Date August 22, 2013

 

* Print the name and title of each signing officer under his or her signature.
EX-99.CERT 2 d568141dex99cert.htm CERTIFICATIONS Certifications

CERTIFICATIONS

I, Stuart S. Parker, certify that:

 

1. I have reviewed this report on Form N-Q of Prudential Jennison Small Company Fund, Inc.;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the schedule of investments included in this report fairly presents in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

  (d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

  (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: August 22, 2013       /s/ Stuart S. Parker
      Stuart S. Parker
      President and Principal
      Executive Officer

CERTIFICATIONS

I, Grace C. Torres, certify that:

 

1. I have reviewed this report on Form N-Q of Prudential Jennison Small Company Fund, Inc.;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the schedule of investments included in this report fairly presents in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

  (d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

  (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: August 22, 2013       /s/ Grace C. Torres
      Grace C. Torres
      Treasurer and Principal
      Financial Officer