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Prudential Mutual Funds
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Target Funds
SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 17, 1999
How the Trust is Managed
The fifth paragraph under the heading 'Advisers and Portfolio Managers--Small
Capitalization Value Fund' is amended to read in its entirety as follows:
Roger W. Vogel has managed the assets of the Fund since its inception. Mr.
Vogel, who is Senior Vice President for the Equities Division at the Wood,
Struthers & Winthrop Division of DLJ Asset Management, Inc. (DLJAM) (formerly
Wood, Struthers & Winthrop Management Corp.), has been the lead small-cap
equity portfolio manager of DLJAM since 1993.
The date of this Supplement is April 17, 2000.
MF189C1