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 Value Fund
(formerly 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, 2000.
(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):
$605,094,118
(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year
(if applicable):
$943,470,572
(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.
$270,449,232
(iv) Total available redemption credits
[add items
5(ii) and 5(iii)].
$1,213,919,804
(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)] $(608,825,686)
(vii) Multiplier for determining registration
fee. (See instruction C.9): X .000250
(viii) Registration fee due [multiply item
5(v) by item
5 (vii)] enter "0" if
no fee is due.
=$ 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
12, 2001
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