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Prudential Government Securities Trust
(Short-Intermediate Term Series)
Supplement dated November 18, 1996 to
Prospectus dated January 29, 1996
The following information supplements ``How the Trust is Managed--Manager''.
The current portfolio managers of the Series are Barbara L. Kenworthy and
Sharon Fera. Ms. Kenworthy is a Managing Director and Senior Portfolio Manager
and Ms. Fera is a Vice President and Portfolio Manager of Prudential
Investments, a business group of The Prudential Insurance Company of America.
Ms. Fera is responsible for day-to-day management for the Series' portfolio
under the supervision of Ms. Kenworthy who remains responsible for overall
portfolio strategy for the Series. Ms. Kenworthy has managed the Series'
portfolio since May 1995. Ms. Kenworthy was previously employed by The Dreyfus
Corporation (June 1985-June 1994) and served as president and portfolio manager
for several Dreyfus fixed-income funds. Ms. Kenworthy has 20 years of investment
management experience in both U.S. and foreign securities and investment grade
and high yield quality bonds. Ms. Kenworthy also serves as the portfolio manager
of other investment companies managed by Prudential Investments. Ms. Fera joined
Prudential Investments in May 1996 as a fixed-income portfolio manager. Prior
thereto, she was employed by Aetna Life and Casualty (May, 1993-May, 1996) as a
Portfolio Manager responsible for the fixed-income portion of Aetna's Capital
and Surplus Portfolio and as a fixed-income analyst responsible for the Capital
Goods and Transportation sectors. Prior to joining Aetna, she was a fixed income
trader at Hartford Life Insurance Company (May, 1992-May, 1993) and at Equitable
Capital Management Corporation (August, 1985-May, 1992). She actively manages
the Series' portfolio according to the investment adviser's interest rate
outlook. Consistent with the Series' investment objective and policies, she
will, at times, invest in different sectors of the U.S. government and other
fixed-income markets seeking price discrepancies and more favorable interest
rates. The investment adviser conducts extensive analysis of U.S. and overseas
markets in an attempt to identify trends in interest rates, supply and demand
and economic growth. The portfolio manager then selects the sectors, maturities
and individual bonds she believes provide the best value under these conditions.
MF111A-1 (11/18/96)
