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The Global Total
Return Fund, Inc.
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SUPPLEMENT DATED AUGUST 9, 1999 TO
PROSPECTUS DATED MARCH 1, 1999
The following information supplements the Prospectus:
Effective today, the Fund changed its name to Prudential Global Total Return
Fund, Inc.
The following information supplements "Risk/Return Summary--Investment
Objective and Principal Strategies" and "How the Fund Invests--Investment
Objectives and Policies" in the Prospectus:
The Board of Directors has approved a change in the Fund's ability to invest
in below-investment grade debt securities, also known as high yield or junk
bonds. Effective today, the Fund is permitted to invest up to 15% of total
assets in below-investment grade debt securities. Previously, the Fund could
invest up to 10% of total assets in such securities. Below-investment grade
securities are riskier than higher-rated securities, and are considered
"speculative" with respect to their capacity to pay principal and interest.
The CUSIP numbers for Prudential Global Total Return Fund, Inc. are as follows:
Class A: 744337-10-6
Class B: 744337-20-5
Class C: 744337-30-4
Class Z: 744337-40-3
MF169C1 (8-4/99)
