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Prudential Mutual Funds
Supplement dated September 8, 1997
The following information supplements the Fund's Prospectus by adding new
language to the Shareholder Guide portion of the Prospectus. This new language
becomes effective immediately.
SHAREHOLDER GUIDE
The Fund and the other Prudential Mutual Funds are not intended to serve as
vehicles for frequent trading in response to short-term fluctuations in the
market. Due to the disruptive effect that market timing investment strategies
and excessive trading can have on efficient portfolio management, each
Prudential Mutual Fund and the Fund reserves the right to refuse purchase orders
and exchanges by any person, group or commonly controlled accounts, if, in the
Manager's sole judgment, such person, group or accounts were following a market
timing strategy or were otherwise engaging in excessive trading ('Market
Timers').
To implement this authority to protect the Fund and its shareholders from
excessive trading, the Fund will reject all exchanges and purchases from a
Market Timer unless the Market Timer has entered into a written agreement with
the Fund or its affiliates pursuant to which the Market Timer has agreed to
abide by certain procedures, which include a daily dollar limit on trading. The
Fund may notify the Market Timer of rejection of an exchange or purchase order
subsequent to the day on which the order was placed.
Listed below are the names of the Prudential Mutual Funds and the dates of
the Prospectuses to which this Supplement relates.
Name of Fund Prospectus Date
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The BlackRock Government Income Trust August 28, 1997
The Global Total Return Fund, Inc. February 28, 1997
Command Government Fund August 28, 1997
Command Money Fund August 28, 1997
Command Tax-Free Fund August 28, 1997
Global Utility Fund, Inc. November 29, 1996
Nicholas-Applegate Fund, Inc. March 4, 1997
Prudential Balanced Fund September 27, 1996
Prudential California Municipal Fund
(California Series) November 1, 1996
(California Income Series) November 1, 1996
Prudential Distressed Securities Fund, Inc. January 29, 1997
Prudential Diversified Bond Fund, Inc. March 25, 1997
Prudential Dryden Fund
(Stock Index Fund) June 18, 1997
(Active Balanced Fund) November 29, 1996
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Name of Fund Prospectus Date
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Prudential Emerging Growth Fund, Inc. November 18, 1996
Prudential Equity Fund, Inc. March 5, 1997
Prudential Equity Income Fund December 30, 1996
Prudential Europe Growth Fund, Inc. July 1, 1997
Prudential Global Genesis Fund, Inc. July 30, 1997
Prudential Global Limited Maturity Fund, Inc. December 30, 1996
Prudential Government Income Fund, Inc. May 1, 1997
Prudential Government Securities Trust
(Short-Intermediate Series) February 3, 1997
(Money Market Series) February 3, 1997
(U.S. Treasury Money Market Series) February 3, 1997
Prudential High Yield Fund, Inc. March 6, 1997
Prudential Institutional Liquidity Portfolio, Inc. July 9, 1997
Prudential Intermediate Global Income Fund, Inc. February 28, 1997
Prudential International Bond Fund, Inc. August 8, 1997
Prudential Jennison Series Fund, Inc.
(Prudential Jennison Growth Fund) January 13, 1997
(Prudential Jennison Growth and Income Fund) January 13, 1997
Prudential MoneyMart Assets, Inc. February 28, 1997
Prudential Mortgage Income Fund, Inc. March 5, 1997
Prudential Multi-Sector Fund, Inc. June 30, 1997
Prudential Municipal Bond Fund
(High Yield Series) July 2, 1997
(Intermediate Series) July 2, 1997
(Insured Series) July 2, 1997
Prudential Municipal Series Fund
(Connecticut Money Market Series) November 1, 1996
(Florida Series) November 1, 1996
(Maryland Series) November 1, 1996
(Massachusetts Money Market Series) November 1, 1996
(Massachusetts Series) November 1, 1996
(Michigan Series) November 1, 1996
(New Jersey Money Market Series) November 1, 1996
(New Jersey Series) November 1, 1996
(New York Money Market Series) November 1, 1996
(New York Series) November 1, 1996
(North Carolina Series) November 1, 1996
(Ohio Series) November 1, 1996
(Pennsylvania Series) November 1, 1996
Prudential National Municipals Fund, Inc. March 6, 1997
Prudential Natural Resources Fund, Inc. July 30, 1997
Prudential Pacific Growth Fund, Inc. January 7, 1997
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Name of Fund Prospectus Date
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Prudential Small Company Value Fund, Inc. January 24, 1997
Prudential Special Money Market Fund, Inc. August 27, 1997
Prudential Structured Maturity Fund, Inc. March 3, 1997
Prudential Tax-Free Money Fund, Inc. February 28, 1997
Prudential Utility Fund, Inc. March 5, 1997
Prudential World Fund, Inc.
(Global Series) January 16, 1997
(International Stock Series) January 16, 1997
The Target Portfolio Trust April 7, 1997
MF970C-8
