PRUDENTIAL TAX MANAGED FUNDS
NSAR-A, EX-27, 2000-06-26
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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> 001
   <NAME> TAX-MANAGED EQUITY FUND (CLASS A)

<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                      355,430,806
<INVESTMENTS-AT-VALUE>                     448,389,422
<RECEIVABLES>                               11,815,507
<ASSETS-OTHER>                                  39,216
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                    10,576,077
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,245,089
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   375,255,449
<SHARES-COMMON-STOCK>                       36,133,328
<SHARES-COMMON-PRIOR>                       33,633,142
<ACCUMULATED-NII-CURRENT>                   (1,132,606)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (19,658,480)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    92,958,616
<NET-ASSETS>                               (69,766,470)
<DIVIDEND-INCOME>                            2,417,560
<INTEREST-INCOME>                               27,955
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               3,578,121
<NET-INVESTMENT-INCOME>                     (1,132,606)
<REALIZED-GAINS-CURRENT>                    (7,373,310)
<APPREC-INCREASE-CURRENT>                   49,063,657
<NET-CHANGE-FROM-OPS>                       40,557,741
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     98,399,276
<NUMBER-OF-SHARES-REDEEMED>                (69,379,649)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      69,577,368
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (12,285,170)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,383,532
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              3,578,121
<AVERAGE-NET-ASSETS>                        89,404,000
<PER-SHARE-NAV-BEGIN>                            11.27
<PER-SHARE-NII>                                   0.00
<PER-SHARE-GAIN-APPREC>                           1.18
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              12.45
<EXPENSE-RATIO>                                   1.13
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00



</TABLE>


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