<PAGE>
Prudential Mutual Funds
Supplement dated April 13, 1998
The following information supplements the information contained in
the Prospectus under 'Shareholder Guide--How to Buy Shares of the Fund.'
Prudential Securities Incorporated is soliciting subscriptions for Class
A, Class B, Class C and Class Z shares of the Fund during a subscription
period which commenced March 26, 1998 and is currently expected to end on or
about April 30, 1998. Monies will be due from investors on or about May 5,
1998.
The Fund expects to commence the continuous offering of its shares on June
1, 1998.
Listed below are the names of the Prudential Mutual Funds and the dates of
the Prospectuses to which this Supplement relates.
Name of Fund Prospectus Date
--------------------------------------------------- ---------------
Prudential High Yield Total Return Fund, Inc. March 16, 1998
Prudential Real Estate Securities Fund March 20, 1998
MF980C-2 (4/13/98)
