U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
Please print or type.
1. Name and address of issuer:
Prudential Equity Income Fund, 100
Mulberry Street, Gateway Center
Three, Newark, NJ 07102-4077.
2. Name of each series or class of securities for which
this Form is filed (If the Form is being filed for all series
and classes of securities of the issuer, check the box but do
not list series or classes): [X]
3. Investment Company Act File Number:
File No. 811-4864
Securities Act File Number: 33-9269
4(a).Last day of fiscal year for which
this notice is filed: October 31,
1999.
(b).[ ] Check box if this Form is being
filed late (i.e. more than 90
calendar days after the end of the
issuer's fiscal year). (See
Instruction A.2)
Note: If the Form is being filed late,
interest must be paid on the
registration fee due.
4(c).[ ] Check box if this is the last
time the issuer will be filing this
Form.
5. Calculation of registration
fee:
(i) Aggregate sale price of
securities
sold during the fiscal year in
reliance on rule 24(f):
$636,003,184
(ii) Aggregate price of securities
redeemed or
repurchased during the fiscal
year
(if applicable):
$906,452,416
(iii) Aggregate price of securities
redeemed or
repurchased during any prior
fiscal
year ending no earlier than
October
11,1995 that were not previously
used
to reduce registration fees
payable to
the Commission.
$ 0
(iv) Total available redemption credits
[add items 5(ii) and
5(iii)]. $906,452,416
(v) Net sales - If item 5(i)is greater
than Item 5 (iv) [subtract item
5(iv)
from item 5(i).
$ 0
(vi) Redemption credits available for use
in future years.
-if item 5(i)is less than
item 5(iv)
[subtract item 5(i)from item
(5(iv)] $270,449,232
(vii) Multiplier for determining
registration
fee. (See instruction C.9):
X .000264
(viii) Registration fee due [multiply item
5(v) by item 5 (vii)] enter
"0" if
no fee is due.
=$ 0
6. Prepaid Shares
If the response to item 5(i) was
determined by deducting an
amount of securities that were
registered under the Securities Act
of 1933 pursuant to rule 24e-2 as
in effect before October 11, 1997,
then report the amount of
securities (number of shares or
other units) deducted here:
. If there is a number of shares or
other units that were registered
pursuant to rule 24e-2 remaining
unsold at the end of the fiscal
year for which this form is filed
that are available for use by the
issuer in future fiscal years, then
state that number here:
.
7. Interest due - if this Form is being filed
more than 90 days after the end of
the
issuer's fiscal year (See
Instruction D): +$
8. Total amount of the registration
fee due
plus any interest due [line 5(viii)
plus
line 7]:
=$ 0
9. Date the registration fee and any interest
payment was sent to the
Commission's lockbox
depository: N/A
Method of Delivery: N/A
[ ] Wire Transfer
[ ] Mail or other
means
SIGNATURES
This report has been signed below by the
following persons on behalf of the
issuer and in the capacities and on the
dates indicated.
By (Signature and Title) /s/ Marguerite
E.H. Morrison
Marguerite E.H.
Morrison
Secretary
Date: January 26, 2000
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