<PAGE>
Prudential Government Plus Fund
Supplement dated July 6, 1994 to
Prospectus dated June 24, 1994
SHAREHOLDER GUIDE
Alternative Purchase Plan--Initial Sales Charge Alternative--Class A Shares
Effective July 6, 1994, purchases of Class A shares of $2,000,000 and above
may be made without a sales charge. The offering price of Class A shares for
investors choosing the initial sales charge alternative is the next determined
net asset value plus a sales charge (expressed as a percentage of the offering
price and of the amount invested) as shown in the following table:
<TABLE>
<CAPTION>
Sales Charge as Sales Charge as Dealer Concession as
Percentage of Percentage of Percentage of
Amount of Purchase Offering Price Amount Invested Offering Price
- -------------------------- --------------- --------------- --------------------
<S> <C> <C> <C>
Less than $50,000......... 4.50% 4.71% 4.25%
$50,000 to $99,999........ 4.00% 4.17% 3.75%
$100,000 to $249,999...... 3.50% 3.63% 3.25%
$250,000 to $499,999...... 3.00% 3.09% 2.90%
$500,000 to $999,999...... 2.00% 2.04% 1.90%
$1,000,000 to $1,999,999.. 1.00% 1.01% 0.95%
$2,000,000 and above...... None None None
</TABLE>
Selling dealers may be deemed to be underwriters, as that term is defined in
the Securities Act of 1933.
MF128C-4