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Prudential Mutual Funds
Supplement dated September 1, 1998
The following information should be added to the cover page of the
Prospectus.
An investment in the Fund is not a deposit of any bank and is not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other government
agency.
The following information should be added under the heading "Shareholder
Guide--Shareholder Services".
SHAREHOLDER GUIDE
Shareholder Services
The PruTector Program-Optional Group Term Life Insurance. Prudential makes
available optional group term life insurance coverage to purchasers of shares of
certain Prudential Mutual Funds which are held in an eligible brokerage account.
This insurance protects the value of your mutual fund investment for your
beneficiaries against market downturns. The insurance benefit is based on the
difference at the time of the insured's death between the 'protected value' and
the then current market value of the shares. This coverage is not available in
all states and is subject to various restrictions and limitations. For more
complete information about this program, including charges and expenses, please
contact your Prudential representative.
Listed below are the names of the Prudential Mutual Funds and the dates of
the Prospectuses to which this supplement relates.
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Name of Fund Prospectus Date
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Cash Accumulation Trust
National Money Market Fund December 22, 1997
Liquid Assets Fund December 22, 1997
Global Utility Fund, Inc. December 2, 1997
Nicholas-Applegate Fund, Inc. March 4, 1998
Prudential 20/20 Focus Fund May 22, 1998
Prudential Balanced Fund November 25, 1997
Prudential California Municipal Fund October 30, 1997
Prudential Developing Markets Fund June 26, 1998
Prudential Distressed Securities Fund, Inc. January 29, 1998
Prudential Diversified Bond Fund, Inc. March 4, 1998
Prudential Index Series Fund January 23, 1998
Prudential Emerging Growth Fund, Inc. December 30, 1997
Prudential Equity Fund, Inc. February 27, 1998
Prudential Equity Income Fund December 30, 1997
Prudential Europe Growth Fund, Inc. July 1, 1998
Prudential Global Genesis Fund, Inc. July 31, 1998
Prudential Global Limited Maturity Fund, Inc. December 30, 1997
Prudential Government Income Fund, Inc. April 30, 1998
Prudential Government Securities Trust February 2, 1998
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<TABLE>
Name of Fund Prospectus Date
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Prudential High Yield Fund, Inc. March 3, 1998
Prudential High Yield Total Return Fund, Inc. March 16, 1998
Prudential Institutional Liquidity Portfolio, Inc. June 1, 1998
Prudential Intermediate Global Income Fund, Inc. March 4, 1998
Prudential International Bond Fund, Inc. March 4, 1998
The Prudential Investment Portfolios Fund, Inc.
Prudential Active Balanced Fund August 6, 1998
Prudential Jennison Growth Fund August 6, 1998
Prudential Jennison Growth & Income Fund
Prudential MoneyMart Assets, Inc. February 27, 1998
Prudential Mortgage Income Fund, Inc. March 3, 1998
Prudential Municipal Bond Fund July 1, 1998
Prudential Municipal Series Fund October 30, 1997
Prudential National Municipals Fund, Inc. March 4, 1998
Prudential Natural Resources Fund, Inc. July 31, 1998
Prudential Pacific Growth Fund, Inc. December 31, 1997
Prudential Real Estate Securities Fund March 20, 1998
Prudential Small Cap Quantum Fund, Inc. June 26, 1998
Prudential Structured Maturity Fund, Inc. March 4, 1998
Prudential Tax-Free Money Fund, Inc. February 27, 1998
Prudential Utility Fund, Inc. March 3, 1998
Prudential World Fund, Inc. January 7, 1998
The Global Total Return Fund, Inc. March 4, 1998
The Target Portfolio Trust May 1, 1998
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MF980C-5
