PRUDENTIAL MUTUAL FUNDS
Supplement dated July 12, 2000
Statement of Additional Information
The following supplements the information
contained in the Statement of Additional
Information under "Purchase, Redemption and
Pricing of Fund Shares - Reduction and Waiver
of Initial Sales Charge - Class A Shares."
Class A shares may be purchased at NAV
without payment of a sales charge by (a)
Prudential Securities Incorporated
(Prudential Securities) for deposit in a unit
investment trust (Trust) which it organized
and sponsored and (b) the Trust itself.
Additionally, unit holders of the Trust may
elect to purchase Class A shares of the Fund
at NAV with proceeds from cash distributions
from the Trust under circumstances described
in the prospectus of the Trust. At the
termination date of the Trust, a unit holder
may invest the proceeds from the termination
of his units in shares of the Fund at NAV,
provided: (i) that the investment in the Fund
is effected within 30 days of such
termination; and (ii) that the unit holder or
his dealer provides the Distributor with a
letter which: (a) identifies the name,
address and telephone number of the dealer
who sold to the unit holder the units to be
redeemed; and (b) states that the investment
in the Fund is being funded exclusively by
the proceeds from the redemption of units of
the Trust. Investment in Fund shares and
reinvestments of Trust distributions shall be
subject to 12b-1 fees.
Listed below are the names of the
Prudential mutual funds, and the dates of the
Statements of Additional Information to which
this Supplement relates:
Name of Fund
Date
Prudential Equity Fund, Inc.
March 1, 2000
Prudential U.S. Emerging Growth Fund,
Inc. January 20, 2000
(formerly Prudential Emerging
Growth Fund, Inc.)
The Prudential Investment Portfolios,
Inc.- December 2, 1999
Prudential Jennison Growth Fund
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