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Prudential Small Company Value Fund, Inc.
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Supplement Dated May 5, 2000
Prospectus Dated November 29, 1999
The name of the Fund is changing from Prudential Small Company Value Fund,
Inc. to 'Prudential Small Company Fund, Inc.,' effective May 30, 2000.
The following supplements the information contained in the Prospectus on page
1 under 'Risk/Return Summary--Investment Objective and Principal Strategies' and
on page 7 under 'How the Fund Invests--Investment Objective and Policies':
We invest in a combination of growth and value stocks. The portfolio
manager chooses a blend of both value and growth stocks with a primary focus
on finding stocks with above average growth prospects which can be purchased at
below average earnings multiples or discounts to their intrinsic value. This
approach is often referred to as GARP, or "growth at a reasonable price".
We currently consider small companies to be those with a market capitalization
less than the largest market capitalization found in the Standard & Poor's 600
SmallCap Index. The portfolio is well-diversified and typically includes stocks
representing all of the sectors in the Index.
The following replaces the information contained in the Prospectus on page 13
under 'How the Fund is Managed--Portfolio Manager':
The Fund is managed by John Mullman, CFA, effective May 2000. Mr. Mullman is
a Managing Director of Prudential Investments and team leader of Prudential's
U.S. small-cap investment team. Mr. Mullman has been employed with Prudential
since 1987, most recently managing institutional portfolios. He earned a B.A.
from the College of The Holy Cross and an M.B.A. from Yale University. He
holds a Chartered Financial Analyst (CFA) designation.
MF109C1
