WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001070287
<NAME> PRUDENTIAL TAX-MANAGED EQUITY FUND
<SERIES>
<NUMBER> 004
<NAME> TAX-MANAGED EQUITY FUND (CLASS Z)
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
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<SHARES-COMMON-STOCK> 37,139,476
<SHARES-COMMON-PRIOR> 36,133,328
<ACCUMULATED-NII-CURRENT> 0
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<ACCUMULATED-NET-GAINS> (22,746,458)
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<NET-INVESTMENT-INCOME> (2,324,982)
<REALIZED-GAINS-CURRENT> (10,461,288)
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<NUMBER-OF-SHARES-SOLD> 98,399,276
<NUMBER-OF-SHARES-REDEEMED> (69,379,649)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 66,912,648
<ACCUMULATED-NII-PRIOR> (1,132,606)
<ACCUMULATED-GAINS-PRIOR> (19,658,480)
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<PER-SHARE-NAV-BEGIN> 11.30
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<PER-SHARE-NAV-END> 12.48
<EXPENSE-RATIO> 0.84
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>