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Prudential Mortgage Income Fund, Inc.
Supplement dated November 18, 1996 to
Prospectus dated April 29, 1996
The following information supplements `How the Fund is Managed - Manager` in
the Prospectus:
The current portfolio managers of the Fund 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 Fund under the
supervision of Ms. Kenworthy, who remains responsible for overall portfolio
strategy for the Fund. Ms. Kenworthy has managed the Fund's portfolio since May
1995. Ms. Kenworthy joined Prudential Investments in July 1994, having
previously been employed by the Dreyfus Corporation (from June 1985 to June
1994), where she served as President and Portfolio Manager for several Dreyfus
fixed-income funds. 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, 1993-May, 1996) and at Equitable
Capital Management Corporation (August, 1985-May, 1992).
MF102A-1 (11/18/96)
