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COMMAND MONEY FUND
COMMAND TAX-FREE FUND
COMMAND GOVERNMENT FUND
Supplement dated June 1, 1998
to Prospectus dated August 28, 1997
THE FOLLOWING INFORMATION SUPPLEMENTS THE COVER PAGE AND "FUND HIGHLIGHTS" IN
THE PROSPECTUS:
Shares of the COMMAND Money Fund, COMMAND Tax-Free Fund and COMMAND
Government Fund are offered to (i) participants in the COMMANDSM Account and,
effective July 1, 1998, the COMMAND PlusSM Account programs, which are available
through Prudential Securities Incorporated, and (ii) participants in the
Prudential BusinessEdgeSM Account Program (the BusinessEdge program), which is
available through either Prudential Securities Incorporated or Pruco Securities
Corporation (each referred to as a "Broker/Dealer")
THE FOLLOWING INFORMATION SUPPLEMENTS "FUND EXPENSES" IN THE PROSPECTUS:
The Sections entitled "Shareholder Transaction Expenses" and "Annual Fund
Operating Expenses" are supplemented to provide that Prudential BusinessEdgeSM
Account charges a maximum annual fee of $250***. The COMMAND PlusSM Account
charges a program fee of $150. Beginning July 1, 1998, the COMMAND EssentialsSM
Account will no longer be available to new customers; however, exiting COMMAND
EssentialsSM Accounts will be considered part of the COMMAND Account Program and
will be charged an annual fee of $60.
***The annual fee does not include charges for checks and deposits in excess of
BusinessEdge program limits, additional cash transfer services, additional
billpay services and charges relating to margin accounts, commercial lines of
credit and term loans that may be available in the BusinessEdge program. A
Broker/Dealer may, in its sole discretion, waive or reduce the annual fees of
the BusinessEdge program and/or the fee associated with a particular product or
service, as well as the minimum investment requirements to be eligible for
participation in the BusinessEdge program, generally or for specific accounts.
THE SECTION OF THE PROSPECTUS ENTITLED "SHAREHOLDER GUIDE" IS SUPPLEMENTED WITH
THE FOLLOWING INFORMATION THAT DESCRIBES HOW SHAREHOLDERS PARTICIPATING IN THE
BUSINESSEDGE PROGRAM MAY BUY AND REDEEM SHARES OF THE FUNDS.
The shares of the Funds are also available to participants in the
BusinessEdge program who have placed a minimum of $10,000 in cash and/or
securities in a Prudential BusinessEdge Account. For information regarding the
BusinessEdge program, including the selection of various BusinessEdge program
options, contact a Broker/Dealer. For purposes of effecting an automatic
redemption of Fund shares, participants in the BusinessEdge program may use a
BusinessEdge Visa(R) Debit Card Account. If margin loans are available and
selected as a program option, BusinessEdge participants may utilize such margin
loans to satisfy debits to their program Securities Account after the
liquidation of all Fund shares in a Securities Account. The remaining provisions
of the Sub-Sections entitled "HOW TO BUY SHARES OF THE FUNDS" and "HOW TO SELL
YOUR SHARES" are equally applicable to participants in the COMMAND program and
the BusinessEdge program.
THE PROVISIONS OF THE PROSPECTUS APPLICABLE TO THE COMMAND PROGRAM ARE EQUALLY
APPLICABLE TO THE COMMAND PLUS PROGRAM.