PRUDENTIAL MUNICIPAL BOND FUND
NSAR-A, 1996-12-26
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<PAGE>      PAGE  1
000 A000000 10/31/96
000 C000000 0000807394
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 PRUDENTIAL MUNICIPAL BOND FUND
001 B000000 811-4930
001 C000000 2013677530
002 A000000 100 MULBERRY STREET
002 B000000 NEWARK
002 C000000 NJ
002 D010000 07102
002 D020000 4077
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 HIGH YIELD SERIES
007 C030100 N
007 C010200  2
007 C020200 INSURED SERIES
007 C030200 N
007 C010300  3
007 C020300 INTERMEDIATE SERIES
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
<PAGE>      PAGE  2
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
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007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
008 A00AA01 THE PRUDENTIAL INVESTMENT CORP.
008 B00AA01 S
008 C00AA01 801-12484
008 D01AA01 NEWARK
008 D02AA01 NJ
008 D03AA01 07101
008 A00AA02 PRUDENTIAL MUTUAL FUND MANAGEMENT LLC
008 B00AA02 A
008 C00AA02 801-31104
008 D01AA02 NEWARK
008 D02AA02 NJ
008 D03AA02 07102
008 D04AA02 4077
011 A00AA01 PRUDENTIAL SECURITIES INCORPORATED
011 B00AA01 8-27154
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10292
011 A00AA02 PRUDENTIAL MUTUAL FUND DISTRIBUTORS, INC.
011 B00AA02 8-38739
011 C01AA02 NEW YORK
011 C02AA02 NY
011 C03AA02 10292
<PAGE>      PAGE  3
012 A00AA01 PRUDENTIAL MUTUAL FUND SERVICES, INC.
012 B00AA01 84-4110019
012 C01AA01 NEW BRUNSWICK
012 C02AA01 NJ
012 C03AA01 08906
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10281
014 A00AA01 PRUDENTIAL SECURITIES INCORPORATED
014 B00AA01 8-27154
015 A00AA01 STATE STREET BANK & TRUST COMPANY
015 B00AA01 C
015 C01AA01 NORTH QUINCY
015 C02AA01 MA
015 C03AA01 02171
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   62
019 C00AA00 PRUDENTIAL
020 A000001 BEAR, STEARNS & CO., INC.
020 B000001 13-3299429
020 C000001     81
020 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000002 13-5674085
020 C000002      7
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000       88
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001    276514
022 D000001    275117
022 A000002 SIMON (W.E) & SONS MUNICIPAL SECURITIES, INC.
022 B000002 22-3017217
022 C000002    198936
022 D000002    248037
022 A000003 MORGAN STANLEY & CO., INC.
022 B000003 13-2655998
022 C000003     33751
022 D000003     60572
022 A000004 MORGAN (J.P.) SECURITIES, INC.
022 B000004 13-3224016
022 C000004     38558
<PAGE>      PAGE  4
022 D000004     35336
022 A000005 SMITH BARNEY, INC.
022 B000005 13-1912900
022 C000005     47778
022 D000005     22232
022 A000006 MERRIL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000006 13-5674085
022 C000006     28097
022 D000006     28266
022 A000007 PAINEWEBBER INC.
022 B000007 13-2638166
022 C000007     28958
022 D000007     17631
022 A000008 LEHMAN, INC.
022 B000008 13-2518466
022 C000008     31214
022 D000008     11639
022 A000009 GREENWICH PARTNERS, INC.
022 B000009 13-3176013
022 C000009     16178
022 D000009     26193
022 A000010 HAMBRO AMERICA SECURITIES, INC.
022 C000010     19100
022 D000010      8300
023 C000000     808051
023 D000000     848737
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<PAGE>      PAGE  5
046  00AA00 N
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053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
058 B00AA00 N
058 C00AA00 N
058 D00AA00 N
<PAGE>      PAGE  6
058 E00AA00 N
059  00AA00 Y
060 A00AA00 Y
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061  00AA00     1000
066 A00AA00 N
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077 Q010000 Y
077 Q020000 N
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078  000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
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082 A00AA00 N
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<PAGE>      PAGE  7
086 E020000      0
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028 E020100      2562
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029  000100 Y
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030 B000100  3.00
030 C000100  0.00
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034  000100 Y
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036 A000100 N
036 B000100      0
042 A000100   0
042 B000100   0
042 C000100   0
042 D000100 100
042 E000100   0
042 F000100   0
042 G000100   0
<PAGE>      PAGE  8
042 H000100   0
043  000100   2069
044  000100      0
055 A000100 N
055 B000100 N
056  000100 N
057  000100 N
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062 C000100   0.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
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062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100  97.8
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100   0
063 B000100 19.0
064 A000100 Y
064 B000100 Y
065  000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 Y
070 E020100 Y
070 F010100 N
070 F020100 N
070 G010100 Y
070 G020100 Y
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 N
<PAGE>      PAGE  9
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 Y
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100    136636
071 B000100    146049
071 C000100   1007077
071 D000100   14
072 A000100  6
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072 G000100        0
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072 K000100        0
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072 M000100        8
072 N000100       25
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072 P000100        0
072 Q000100        0
072 R000100       10
072 S000100       18
072 T000100     2069
072 U000100        0
072 V000100        0
072 W000100       17
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072DD020100     8946
<PAGE>      PAGE  10
072EE000100        0
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073 A020100   0.7700
073 B000100   0.0000
073 C000100   0.0000
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074 B000100        0
074 C000100        0
074 D000100  1015295
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100      750
074 I000100        0
074 J000100    14534
074 K000100      152
074 L000100    22651
074 M000100       26
074 N000100  1053408
074 O000100     8064
074 P000100      730
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     6035
074 S000100        0
074 T000100  1038579
074 U010100    66224
074 U020100    29111
074 V010100    10.89
074 V020100    10.90
074 W000100   0.0000
074 X000100    35507
074 Y000100        0
075 A000100        0
075 B000100  1028987
076  000100     0.00
028 A010200      1863
028 A020200      1222
028 A030200         0
028 A040200      9159
028 B010200      2993
028 B020200      1240
028 B030200         0
028 B040200      8595
028 C010200      3823
028 C020200      1245
028 C030200         0
028 C040200     13213
028 D010200      1994
<PAGE>      PAGE  11
028 D020200      1199
028 D030200         0
028 D040200      8662
028 E010200      1309
028 E020200      1278
028 E030200         0
028 E040200     11318
028 F010200      1079
028 F020200      1082
028 F030200         0
028 F040200      9534
028 G010200     13061
028 G020200      7266
028 G030200         0
028 G040200     60481
028 H000200      6256
029  000200 Y
030 A000200     85
030 B000200  3.00
030 C000200  0.00
031 A000200     65
031 B000200      0
032  000200      0
033  000200     20
034  000200 Y
035  000200    350
036 A000200 N
036 B000200      0
042 A000200   0
042 B000200   0
042 C000200   0
042 D000200 100
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
043  000200   1098
044  000200      0
055 A000200 N
055 B000200 N
056  000200 N
057  000200 N
062 A000200 Y
062 B000200   0.0
062 C000200   0.0
062 D000200   0.0
062 E000200   4.7
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
<PAGE>      PAGE  12
062 J000200   0.0
062 K000200   0.0
062 L000200   0.0
062 M000200   0.0
062 N000200   0.0
062 O000200  94.5
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
063 A000200   0
063 B000200 16.6
064 A000200 N
064 B000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 Y
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 Y
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 Y
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200    372587
071 B000200    397232
<PAGE>      PAGE  13
071 C000200    522354
071 D000200   71
072 A000200  6
072 B000200    16119
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072 D000200        0
072 E000200        0
072 F000200     1434
072 G000200        0
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072 I000200      174
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072 K000200        0
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072 P000200        0
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072 S000200        3
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072 U000200        0
072 V000200        0
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073 A020200   0.5900
073 B000200   0.0000
073 C000200   0.0000
074 A000200       60
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074 D000200   523660
074 E000200        0
074 F000200        0
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074 H000200        4
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074 K000200        0
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<PAGE>      PAGE  14
074 M000200       15
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074 V010200    11.16
074 V020200    11.15
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076  000200     0.00
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028 B020300       111
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028 C010300       227
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028 C030300         0
028 C040300      1330
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028 D030300         0
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028 G010300      2624
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029  000300 Y
<PAGE>      PAGE  15
030 A000300      7
030 B000300  3.00
030 C000300  0.00
031 A000300      3
031 B000300      0
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034  000300 Y
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036 A000300 N
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057  000300 N
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062 D000300   0.0
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062 J000300   0.0
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062 L000300   0.0
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062 O000300  93.4
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063 A000300   0
063 B000300  9.3
064 A000300 N
064 B000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
<PAGE>      PAGE  16
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 Y
070 E020300 Y
070 F010300 N
070 F020300 N
070 G010300 Y
070 G020300 Y
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 Y
070 P010300 Y
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070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
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072 J000300       40
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072 M000300        8
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<PAGE>      PAGE  17
072 P000300        0
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073 C000300   0.0000
074 A000300       69
074 B000300        0
074 C000300     2600
074 D000300    45896
074 E000300        0
074 F000300        0
074 G000300        0
074 H000300        0
074 I000300        0
074 J000300        0
074 K000300        0
074 L000300      870
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074 R030300        0
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074 T000300    49152
074 U010300     3271
074 U020300     1325
074 V010300    10.70
074 V020300    10.69
074 W000300   0.0000
074 X000300     2342
<PAGE>      PAGE  18
074 Y000300        0
075 A000300        0
075 B000300    50719
076  000300     0.00
072 Y003400        0
072 Z003400        0
072AA003400        0
072BB003400        0
072CC013400        0
072CC023400        0
072DD013400        0
072DD023400        0
072EE003400        0
073 A013400   0.0000
073 A023400   0.0000
073 B003400   0.0000
073 C003400   0.0000
SIGNATURE   GRACE TORRES                                 
TITLE       ASSISTANT TREASURER 
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>











<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 001
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND-HIGH YIELD SERIES
(CLASS A)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
<INVESTMENTS-AT-COST>                      978,725,151
<INVESTMENTS-AT-VALUE>                   1,016,044,996
<RECEIVABLES>                               37,185,249
<ASSETS-OTHER>                                 177,991
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,053,408,236
<PAYABLE-FOR-SECURITIES>                     8,064,446
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    6,764,530
<TOTAL-LIABILITIES>                         14,828,976
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,020,458,335
<SHARES-COMMON-STOCK>                       95,335,765
<SHARES-COMMON-PRIOR>                       96,175,471
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (20,771,576)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    38,892,501
<NET-ASSETS>                             1,038,579,260
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           37,200,164
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               4,903,197
<NET-INVESTMENT-INCOME>                     32,296,967
<REALIZED-GAINS-CURRENT>                    (6,687,625)
<APPREC-INCREASE-CURRENT>                   25,576,718
<NET-CHANGE-FROM-OPS>                       51,186,060
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (32,296,967)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     57,663,474
<NUMBER-OF-SHARES-REDEEMED>                (80,815,238)
<SHARES-REINVESTED>                         14,250,484
<NET-CHANGE-IN-ASSETS>                       9,987,813
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (14,083,951)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        2,586,279
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              4,643,839
<AVERAGE-NET-ASSETS>                       264,958,000
<PER-SHARE-NAV-BEGIN>                            10.70
<PER-SHARE-NII>                                   0.56
<PER-SHARE-GAIN-APPREC>                           0.00
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                        (0.36)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.90
<EXPENSE-RATIO>                                   0.65
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                              0.00
        













<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND
<SERIES>
   [NUMBER] 002
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND-HIGH YIELD SERIES
(CLASS B)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                      978,725,151
[INVESTMENTS-AT-VALUE]                   1,016,044,996
[RECEIVABLES]                               37,185,249
[ASSETS-OTHER]                                 177,991
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                           1,053,408,236
[PAYABLE-FOR-SECURITIES]                     8,064,446
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    6,764,530
[TOTAL-LIABILITIES]                         14,828,976
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 1,020,458,335
[SHARES-COMMON-STOCK]                       95,335,765
[SHARES-COMMON-PRIOR]                       96,175,471
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                    (20,771,576)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    38,892,501
[NET-ASSETS]                             1,038,579,260
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           37,200,164
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               4,903,197
[NET-INVESTMENT-INCOME]                     32,296,967
[REALIZED-GAINS-CURRENT]                    (6,687,625)
[APPREC-INCREASE-CURRENT]                   25,576,718
[NET-CHANGE-FROM-OPS]                       51,186,060
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                  (32,296,967)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     57,663,474
[NUMBER-OF-SHARES-REDEEMED]                (80,815,238)
[SHARES-REINVESTED]                         14,250,484
[NET-CHANGE-IN-ASSETS]                       9,987,813
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                  (14,083,951)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        2,586,279
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              4,643,839
[AVERAGE-NET-ASSETS]                       756,456,000
[PER-SHARE-NAV-BEGIN]                            10.69
[PER-SHARE-NII]                                   0.53
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.33)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              10.89
[EXPENSE-RATIO]                                   1.05
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        













<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND
<SERIES>
   [NUMBER] 003
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND-HIGH YIELD SERIES
(CLASS C)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                      978,725,151
[INVESTMENTS-AT-VALUE]                   1,016,044,996
[RECEIVABLES]                               37,185,249
[ASSETS-OTHER]                                 177,991
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                           1,053,408,236
[PAYABLE-FOR-SECURITIES]                     8,064,446
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    6,764,530
[TOTAL-LIABILITIES]                         14,828,976
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 1,020,458,335
[SHARES-COMMON-STOCK]                       95,335,765
[SHARES-COMMON-PRIOR]                       96,175,471
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                    (20,771,576)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    38,892,501
[NET-ASSETS]                             1,038,579,260
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           37,200,164
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               4,903,197
[NET-INVESTMENT-INCOME]                     32,296,967
[REALIZED-GAINS-CURRENT]                    (6,687,625)
[APPREC-INCREASE-CURRENT]                   25,576,718
[NET-CHANGE-FROM-OPS]                       51,186,060
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                  (32,296,967)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     57,663,474
[NUMBER-OF-SHARES-REDEEMED]                (80,815,238)
[SHARES-REINVESTED]                         14,250,484
[NET-CHANGE-IN-ASSETS]                       9,987,813
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                  (14,083,951)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        2,586,279
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              4,643,839
[AVERAGE-NET-ASSETS]                         7,558,000
[PER-SHARE-NAV-BEGIN]                            10.69
[PER-SHARE-NII]                                   0.52
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.32)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              10.89
[EXPENSE-RATIO]                                   1.30
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        













<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND
<SERIES>
   [NUMBER] 004
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND-HIGH YIELD SERIES
(CLASS Z)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                      978,725,151
[INVESTMENTS-AT-VALUE]                   1,016,044,996
[RECEIVABLES]                               37,185,249
[ASSETS-OTHER]                                 177,991
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                           1,053,408,236
[PAYABLE-FOR-SECURITIES]                     8,064,446
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    6,764,530
[TOTAL-LIABILITIES]                         14,828,976
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 1,020,458,335
[SHARES-COMMON-STOCK]                       95,335,765
[SHARES-COMMON-PRIOR]                       96,175,471
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                    (20,771,576)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    38,892,501
[NET-ASSETS]                             1,038,579,260
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           37,200,164
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               4,903,197
[NET-INVESTMENT-INCOME]                     32,296,967
[REALIZED-GAINS-CURRENT]                    (6,687,625)
[APPREC-INCREASE-CURRENT]                   25,576,718
[NET-CHANGE-FROM-OPS]                       51,186,060
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                  (32,296,967)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     57,663,474
[NUMBER-OF-SHARES-REDEEMED]                (80,815,238)
[SHARES-REINVESTED]                         14,250,484
[NET-CHANGE-IN-ASSETS]                       9,987,813
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                  (14,083,951)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        2,586,279
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              4,643,839
[AVERAGE-NET-ASSETS]                            15,000
[PER-SHARE-NAV-BEGIN]                               11
[PER-SHARE-NII]                                      0
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                                (0)
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                                 11
[EXPENSE-RATIO]                                      1
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
        











<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND
<SERIES>
   [NUMBER] 001
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND-INSURED SERIES
(CLASS A)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                      528,380,813
[INVESTMENTS-AT-VALUE]                     549,863,903
[RECEIVABLES]                               10,717,777
[ASSETS-OTHER]                                  74,741
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             560,656,421
[PAYABLE-FOR-SECURITIES]                     4,177,165
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    1,987,835
[TOTAL-LIABILITIES]                          6,165,000
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   527,200,270
[SHARES-COMMON-STOCK]                       49,700,356
[SHARES-COMMON-PRIOR]                       53,343,285
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      7,409,624
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    19,881,527
[NET-ASSETS]                               554,491,421
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           16,119,618
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               2,775,302
[NET-INVESTMENT-INCOME]                     13,344,316
[REALIZED-GAINS-CURRENT]                     8,035,212
[APPREC-INCREASE-CURRENT]                    2,534,213
[NET-CHANGE-FROM-OPS]                       23,913,741
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                  (13,344,316)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     13,060,733
[NUMBER-OF-SHARES-REDEEMED]                (60,480,901)
[SHARES-REINVESTED]                          7,265,671
[NET-CHANGE-IN-ASSETS]                     (29,585,072)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                     (625,588)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        1,434,058
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              2,631,896
[AVERAGE-NET-ASSETS]                       167,559,000
[PER-SHARE-NAV-BEGIN]                            10.94
[PER-SHARE-NII]                                   0.49
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                             (0.28)
[PER-SHARE-DISTRIBUTIONS]                         0.00
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              11.15
[EXPENSE-RATIO]                                   0.68
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        













<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND
<SERIES>
   [NUMBER] 002
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND-INSURED SERIES
(CLASS B)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                      528,380,813
[INVESTMENTS-AT-VALUE]                     549,863,903
[RECEIVABLES]                               10,717,777
[ASSETS-OTHER]                                  74,741
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             560,656,421
[PAYABLE-FOR-SECURITIES]                     4,177,165
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    1,987,835
[TOTAL-LIABILITIES]                          6,165,000
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   527,200,270
[SHARES-COMMON-STOCK]                       49,700,356
[SHARES-COMMON-PRIOR]                       53,343,285
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      7,409,624
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    19,881,527
[NET-ASSETS]                               554,491,421
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           16,119,618
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               2,775,302
[NET-INVESTMENT-INCOME]                     13,344,316
[REALIZED-GAINS-CURRENT]                     8,035,212
[APPREC-INCREASE-CURRENT]                    2,534,213
[NET-CHANGE-FROM-OPS]                       23,913,741
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                  (13,344,316)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     13,060,733
[NUMBER-OF-SHARES-REDEEMED]                (60,480,901)
[SHARES-REINVESTED]                          7,265,671
[NET-CHANGE-IN-ASSETS]                     (29,585,072)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                     (625,588)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        1,434,058
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              2,631,896
[AVERAGE-NET-ASSETS]                       400,329,000
[PER-SHARE-NAV-BEGIN]                            10.95
[PER-SHARE-NII]                                   0.46
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                             (0.25)
[PER-SHARE-DISTRIBUTIONS]                         0.00
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              11.16
[EXPENSE-RATIO]                                   1.08
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        












<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND
<SERIES>
   [NUMBER] 003
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND-INSURED SERIES
(CLASS C)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                      528,380,813
[INVESTMENTS-AT-VALUE]                     549,863,903
[RECEIVABLES]                               10,717,777
[ASSETS-OTHER]                                  74,741
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             560,656,421
[PAYABLE-FOR-SECURITIES]                     4,177,165
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    1,987,835
[TOTAL-LIABILITIES]                          6,165,000
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   527,200,270
[SHARES-COMMON-STOCK]                       49,700,356
[SHARES-COMMON-PRIOR]                       53,343,285
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      7,409,624
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    19,881,527
[NET-ASSETS]                               554,491,421
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           16,119,618
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               2,775,302
[NET-INVESTMENT-INCOME]                     13,344,316
[REALIZED-GAINS-CURRENT]                     8,035,212
[APPREC-INCREASE-CURRENT]                    2,534,213
[NET-CHANGE-FROM-OPS]                       23,913,741
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                  (13,344,316)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     13,060,733
[NUMBER-OF-SHARES-REDEEMED]                (60,480,901)
[SHARES-REINVESTED]                          7,265,671
[NET-CHANGE-IN-ASSETS]                     (29,585,072)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                     (625,588)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        1,434,058
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              2,631,896
[AVERAGE-NET-ASSETS]                         1,059,000
[PER-SHARE-NAV-BEGIN]                            10.95
[PER-SHARE-NII]                                   0.45
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                             (0.24)
[PER-SHARE-DISTRIBUTIONS]                         0.00
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              11.16
[EXPENSE-RATIO]                                   1.33
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        












<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND
<SERIES>
   [NUMBER] 004
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND-INSURED SERIES
(CLASS Z)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                      528,380,813
[INVESTMENTS-AT-VALUE]                     549,863,903
[RECEIVABLES]                               10,717,777
[ASSETS-OTHER]                                  74,741
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             560,656,421
[PAYABLE-FOR-SECURITIES]                     4,177,165
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    1,987,835
[TOTAL-LIABILITIES]                          6,165,000
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   527,200,270
[SHARES-COMMON-STOCK]                       49,700,356
[SHARES-COMMON-PRIOR]                       53,343,285
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      7,409,624
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    19,881,527
[NET-ASSETS]                               554,491,421
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           16,119,618
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               2,775,302
[NET-INVESTMENT-INCOME]                     13,344,316
[REALIZED-GAINS-CURRENT]                     8,035,212
[APPREC-INCREASE-CURRENT]                    2,534,213
[NET-CHANGE-FROM-OPS]                       23,913,741
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                  (13,344,316)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     13,060,733
[NUMBER-OF-SHARES-REDEEMED]                (60,480,901)
[SHARES-REINVESTED]                          7,265,671
[NET-CHANGE-IN-ASSETS]                     (29,585,072)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                     (625,588)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        1,434,058
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              2,631,896
[AVERAGE-NET-ASSETS]                           201,000
[PER-SHARE-NAV-BEGIN]                               11
[PER-SHARE-NII]                                      0
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                                (0)
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                                 11
[EXPENSE-RATIO]                                      0
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
        












<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND INTERMEDIATE SERIES
<SERIES>
   [NUMBER] 001
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND INTERMEDIATE SERIES
(CLASS A)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                       47,230,628
[INVESTMENTS-AT-VALUE]                      48,496,252
[RECEIVABLES]                                  869,454
[ASSETS-OTHER]                                  70,000
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              49,435,706
[PAYABLE-FOR-SECURITIES]                       107,013
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      176,594
[TOTAL-LIABILITIES]                            283,607
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    48,107,681
[SHARES-COMMON-STOCK]                        4,595,561
[SHARES-COMMON-PRIOR]                        5,007,087
[ACCUMULATED-NII-CURRENT]                      (46,831)
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     1,091,249
[NET-ASSETS]                                49,152,099
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            1,385,821
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 363,947
[NET-INVESTMENT-INCOME]                      1,021,874
[REALIZED-GAINS-CURRENT]                       246,670
[APPREC-INCREASE-CURRENT]                      (56,565)
[NET-CHANGE-FROM-OPS]                        1,211,979
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   (1,021,874)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      2,624,139
[NUMBER-OF-SHARES-REDEEMED]                 (7,617,587)
[SHARES-REINVESTED]                            628,374
[NET-CHANGE-IN-ASSETS]                      (4,174,969)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                      293,501
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          127,840
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                351,163
[AVERAGE-NET-ASSETS]                        12,891,000
[PER-SHARE-NAV-BEGIN]                            10.65
[PER-SHARE-NII]                                   0.27
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.23)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              10.69
[EXPENSE-RATIO]                                   1.12
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        













<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND INTERMEDIATE SERIES
<SERIES>
   [NUMBER] 002
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND INTERMEDIATE SERIES
(CLASS B)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                       47,230,628
[INVESTMENTS-AT-VALUE]                      48,496,252
[RECEIVABLES]                                  869,454
[ASSETS-OTHER]                                  70,000
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              49,435,706
[PAYABLE-FOR-SECURITIES]                       107,013
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      176,594
[TOTAL-LIABILITIES]                            283,607
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    48,107,681
[SHARES-COMMON-STOCK]                        4,595,561
[SHARES-COMMON-PRIOR]                        5,007,087
[ACCUMULATED-NII-CURRENT]                      (46,831)
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     1,091,249
[NET-ASSETS]                                49,152,099
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            1,385,821
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 363,947
[NET-INVESTMENT-INCOME]                      1,021,874
[REALIZED-GAINS-CURRENT]                       246,670
[APPREC-INCREASE-CURRENT]                      (56,565)
[NET-CHANGE-FROM-OPS]                        1,211,979
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   (1,021,874)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      2,624,139
[NUMBER-OF-SHARES-REDEEMED]                 (7,617,587)
[SHARES-REINVESTED]                            628,374
[NET-CHANGE-IN-ASSETS]                      (4,174,969)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                      293,501
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          127,840
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                351,163
[AVERAGE-NET-ASSETS]                        37,695,000
[PER-SHARE-NAV-BEGIN]                            10.65
[PER-SHARE-NII]                                   0.26
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.21)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              10.70
[EXPENSE-RATIO]                                   1.52
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        













<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND INTERMEDIATE SERIES
<SERIES>
   [NUMBER] 003
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND INTERMEDIATE SERIES
(CLASS C)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                       47,230,628
[INVESTMENTS-AT-VALUE]                      48,496,252
[RECEIVABLES]                                  869,454
[ASSETS-OTHER]                                  70,000
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              49,435,706
[PAYABLE-FOR-SECURITIES]                       107,013
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      176,594
[TOTAL-LIABILITIES]                            283,607
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    48,107,681
[SHARES-COMMON-STOCK]                        4,595,561
[SHARES-COMMON-PRIOR]                        5,007,087
[ACCUMULATED-NII-CURRENT]                      (46,831)
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     1,091,249
[NET-ASSETS]                                49,152,099
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            1,385,821
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 363,947
[NET-INVESTMENT-INCOME]                      1,021,874
[REALIZED-GAINS-CURRENT]                       246,670
[APPREC-INCREASE-CURRENT]                      (56,565)
[NET-CHANGE-FROM-OPS]                        1,211,979
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   (1,021,874)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      2,624,139
[NUMBER-OF-SHARES-REDEEMED]                 (7,617,587)
[SHARES-REINVESTED]                            628,374
[NET-CHANGE-IN-ASSETS]                      (4,174,969)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                      293,501
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          127,840
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                351,163
[AVERAGE-NET-ASSETS]                           133,000
[PER-SHARE-NAV-BEGIN]                            10.65
[PER-SHARE-NII]                                   0.24
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.19)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              10.70
[EXPENSE-RATIO]                                   1.77
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        












<ARTICLE> 6
<CIK> 0000807394
<NAME> PRUDENTIAL MUNICIPAL BOND FUND INTERMEDIATE SERIES
<SERIES>
   [NUMBER] 004
   <NAME> PRUDENTIAL MUNICIPAL BOND FUND INTERMEDIATE SERIES
(CLASS Z)
       
<S>                             <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1996
[INVESTMENTS-AT-COST]                       47,230,628
[INVESTMENTS-AT-VALUE]                      48,496,252
[RECEIVABLES]                                  869,454
[ASSETS-OTHER]                                  70,000
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              49,435,706
[PAYABLE-FOR-SECURITIES]                       107,013
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      176,594
[TOTAL-LIABILITIES]                            283,607
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    48,107,681
[SHARES-COMMON-STOCK]                        4,595,561
[SHARES-COMMON-PRIOR]                        5,007,087
[ACCUMULATED-NII-CURRENT]                      (46,831)
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     1,091,249
[NET-ASSETS]                                49,152,099
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            1,385,821
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 363,947
[NET-INVESTMENT-INCOME]                      1,021,874
[REALIZED-GAINS-CURRENT]                       246,670
[APPREC-INCREASE-CURRENT]                      (56,565)
[NET-CHANGE-FROM-OPS]                        1,211,979
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   (1,021,874)
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      2,624,139
[NUMBER-OF-SHARES-REDEEMED]                 (7,617,587)
[SHARES-REINVESTED]                            628,374
[NET-CHANGE-IN-ASSETS]                      (4,174,969)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                      293,501
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          127,840
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                351,163
[AVERAGE-NET-ASSETS]                           201,000
[PER-SHARE-NAV-BEGIN]                               11
[PER-SHARE-NII]                                      0
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                           (0)
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                                 11
[EXPENSE-RATIO]                                      0
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
        



</TABLE>

For the fiscal year ended (a) 10/31/96
File number (c) 811-4930



                           SUB-ITEM 77C
       Submission of Matters to a Vote of Security Holders

     A Special Meeting of Shareholders was called for October 30, 1996.  At 
     such meeting the shareholders approved the following proposals:

     a)   Approval that Edward D. Beach, Eugene C. Dorsey, Delayne Dedrick 
     Gold, Robert F. Gunia, Harry A. Jacobs, Jr., Donald D. Lennox, Mendel A.
     Melzer, Thomas T. Mooney, Thomas H. O'Brien, Richard A. Redeker, Nancy 
     H. Teeters and Louis A. Weil, III are duly elected to serve as Trustees of 
     the Fund until the earlier to occur of (i) the next meeting of 
     Shareholders at which Trustees are elected and until his or her
     successor shall have been duly elected and shall have qualified or
     (ii) their terms expire in accordance with the Fund's  retirement policy.
               
          b)   Approval of the proposed amendment of  the Fund's fundamental 
          investment restriction regarding investment in shares of other 
          investment companies, as described in such Fund's proxy statement.
     
          For                 Against             Abstain
          63,342,978               3,795,309           3,828,292
          
     C)   Approval of the proposed elimination of the Fund's fundamental 
     investment restriction relating to investment in securities of unseasoned 
     issuers, as described in such Fund's proxy statement.

          For                 Against             Abstain
          61,026,171               5,522,333           4,418,075
          
     
     D)   Approval of the proposed investment restrictions to permit an 
     increase in the borrowing capabilities of the Fund
          For                 Against             Abstain
          60,690,174               5,784,514           4,491,891
          
     E)   Approval of the selection of independent accountants for the Fund 
     conditioned upon the right by vote of a majority of such Fund's
     outstanding voting shares at any meeting

     called for the purpose to terminate such employment forthwith without 
     penalties.

          For                 Against             Abstain
          71,910,326               1,203,032           3,059,785 
     F)   In their discretion on any other business which may properly come 
     before the meeting or any adjournment thereof.

For the fiscal year ended (a) 10/31/96
File number (c) 811-4930

                         SUB-ITEM 77 D
                                
                            EXHIBITS
                                
          Policies with respect to security investment
                                
     On August 28, 1996 the Board of Directors approved an investment policy 
     change for the Fund to clarify the ability of each Series to invest up to
     25% of its total assets in municipal water and sewer utilities systems 
     obligations and municipal electric and gas utilities systems obligations,
resp  ectively.




























For the fiscal year ended (a) 10/31/96
File number (c) 811-4930

                         SUB-ITEM 77 D
                                
                            EXHIBITS
                                
          Policies with respect to security investment
                                
     On August 28, 1996 the Board of Directors approved an investment policy 
     change for that   the High Yield Series to permit the Series to have a
     weighted average maturity of 15 to 30 years.  

































For the fiscal year ended (a) 10/31/96
File number (c) 811-4930

                         SUB-ITEM 77 D
                                
                            EXHIBITS
                                
          Policies with respect to security investment
                                
     On May 8, 1996 the Board of Directors approved an investment policy change 
     that permits the Fund to purchase securities of other investment 
     companies, as a result of which not more than 10% of its total assets 
     (determined at the time of investment) would be invested in such 
     securities,   or except in connection with a merger, consolidation, 
     reorganization or acquisition of assets.*


*[Deletions are in brackets.] Additions are underlined.


































For the fiscal year ended (a) 10/31/96
File number (c) 811-4930
                         SUB-ITEM 77 D
                                
                            EXHIBITS
                                
          Policies with respect to security investment
                                
     On May 8, 1996 the Board of Directors approved the following  investment 
     policy changes: 
     (i) Subject to shareholder approval, Investment Restriction number 10 of 
     Prudential  Municipal Bond Fund is hereby deleted in its entirety and the 
     following non-fundamental policy is adopted in its place:

     In order to comply with certain "Blue Sky" restrictions, the Fund will 
     not as a matter of operating policy: Purchase any security if as a result 
     the Series would then have more than 5% of its total assets (taken at 
     current value) invested in industrial development revenue bonds where 
     the private entity on whose credit the security is based, directly or 
     indirectly,  is less than three years old (including predecessors),
     unless the security purchased by the  Series is rated by a nationally 
     recognized rating service.   
     (ii) Subject to shareholder approval, Investment Restriction number 
     3 of Prudential Municipal Bond Fund would be restated as follows: 

     Issue senior securities, borrow money or pledge its assets, except that 
     each Series may borrow up to 30 [20]% of the value of its total assets 
     (calculated when the loan is made) for temporary, extraordinary or 
     emergency purposes and to take advantage of investment 
     opportunities or for the clearance of transactions. The Series may pledge 
     up to 30 [20]% of the value of its total assets to secure such borrowings. 
     For purposes of this restriction, the  preference as to shares of a Series 
     in liquidation and as to dividends over all other Series of the Fund 
     with respect to assets specifically allocated to that Series, the purchase 
     or sale of securities on a when-issued or delayed delivery basis, the 
     purchase and sale of financial futures contracts and collateral
     arrangements with respect thereto and obligations of the Series to
     Trustees, pursuant to deferred compensation arrangements, are not deemed 
     to be the issuance of a senior security or a pledge of assets.*

     (iii) The Trustees hereby authorize the High Yield Series of Prudential 
     Municipal Bond Fund to invest up to 10% of the value of its total assets 
     in defaulted securities; 

     (iv) The Trustees hereby authorize the Insured Series of Prudential 
     Municipal Bond Fund to invest up to 5% of the value of its total assets 
     in securities rated A or higher by Moody's Investors Service or Standard 
     and Poor's Rating Group or another nationally recognized statistical 
     ratings organization

*[Deletions are in brackets.] Additions are underlined.

For the fiscal year ended (a) 10/31/96
File number (c) 811-4930
                                
                          SUB-ITEM 77 I
                Terms of New or Amended Securities

     On May 8, 1996, the Board of Directors authorized the issuance of a fourth 
     class of shares designated Class Z.  Class Z shares are not subject to
     either an initial or contingent deferred sales  charge nor are they 
     subject to any Rule 12b-1 fees. Class Z shares will be offered to a
     limited group of eligible investors as soon as practicable.

For the fiscal year ended (a) 10/31/96
File number (c) 811-4930

                          SUB-ITEM 77 0

                             EXHIBITS

           Transactions Effected Pursuant to Rule 10f-3

1.   Name of Issuer
       Chicago Il Brd ED

2.   Date of Purchase
        4/18/96

3.   Number of Securities Purchased
       100,000 - Due 12/01/2026

4.   Dollar Amount of Purchase
       $9,812,500

5.   Price Per Unit
       $98.125 - Due 12/01/2026
      
6.   Name(s) of Underwriter(s) or Dealer(s)
     From whom Purchased
       BA Securities

7.   Other Members of the Underwriting Syndicate
       BA Securities
       Merrill Lynch & Co.
       Artemis Capital Group
       The Chicago Corp.
       EVEREN Securities Inc.
       Grigsby Bradford & Co. Inc.
       Hudson Knight Securities, Inc.
       Morgan Stanley & Co.
       Golden, Sachs, & Co.
       Principal Financial Securities, Inc.
       Prudential Securities Inc.
       Samuel A. Ramirez & Co.
       Reioso & Company
       SBK - Brooks Investment Corp.

      

For the fiscal year ended (a) 10/31/96
File number (c) 811-4930

                          SUB-ITEM 77 0

                             EXHIBITS

           Transactions Effected Pursuant to Rule 10f-3

1.   Name of Issuer
       Metropolitan Trans Authority NY Commuter Facs Rev

2.   Date of Purchase
        5/10/96

3.   Number of Securities Purchased
       75,000 - Due 07/01/2028

4.   Dollar Amount of Purchase
       $7,407,675

5.   Price Per Unit
       $98.769 - Due 07/01/2028
      
6.   Name(s) of Underwriter(s) or Dealer(s)
     From whom Purchased
       Smith Barney
       
7.   Other Members of the Underwriting Syndicate
       Smith Barney
       Merrill Lynch & Co.
       Artemis Capital Group
       Goldman, Sachs, & Co.
       Prudential Securities Inc.
       First Albany Corp.
       Pryor, McClendon, Counts & Co., Inc.
       JP Morgan & Co.
       Morgan Stanley & Co.
       Cambridge Partners LLC
       Greenwich Partners Inc.
       Samuel A. Ramiriz & Co.
       Dillion, Reed & Co. Inc.
       PaineWebber Inc.
       Lehman Brothers
       Citicorp Securities
       Lebenthal & Co.
       William E. Simon & Sons

      

For the fiscal year ended (a) 10/31/96
File number (c) 811-4930

                          SUB-ITEM 77 0

                             EXHIBITS

           Transactions Effected Pursuant to Rule 10f-3

1.   Name of Issuer
       California St Pub Wks Brd Dept of Corrections

2.   Date of Purchase
        5/01/96

3.   Number of Securities Purchased
       40,000 - Due 01/01/2012

4.   Dollar Amount of Purchase
       $3,979,280

5.   Price Per Unit
       $99.482 - Due 0017/01/2012
      
6.   Name(s) of Underwriter(s) or Dealer(s)
     From whom Purchased
       Bear Stearns
       
7.   Other Members of the Underwriting Syndicate
       Bear Stearns
       BA Securities Inc.
       Prudential Securities Incorporated
       Yaeger Capital Markets, Inc.
       EJ De La Ross & Co.     

For the fiscal year ended (a) 10/31/96
File number (c) 811-4930

                          SUB-ITEM 77 0

                             EXHIBITS

           Transactions Effected Pursuant to Rule 10f-3

1.   Name of Issuer
       The City of New York

2.   Date of Purchase
        8/8/96

3.   Number of Securities Purchased
       70,000 - Due 08/15/2015

4.   Dollar Amount of Purchase
       $7,255,150

5.   Price Per Unit
       $103.645 - Due 08/15/2011
      
6.   Name(s) of Underwriter(s) or Dealer(s)
     From whom Purchased
       Merrill Lynch

7.   Other Members of the Underwriting Syndicate
      
       Merrill Lynch & Co.
       Artemis Capital Group
       Grigsby Bradford & Co. Inc.
       Morgan Stanley & Co.
       Goldman, Sachs, & Co.
       Prudential Securities Inc.
       Samuel A. Ramirez & Co.
       Bear Stearns & Co.
       Advest Inc.
       MR Beal & Company
       Citicorp Securities
       PaineWebber Inc.
       Oppenheimer & Co.
       Muriel Siebert & Co.
       Lehman Brothers
       Smith Barney
       First Albany Corporation
       JP Morgan & Co
       AG Edwards & Sons
       Cambridge Partners LLC
       Lebenthal & Co.
       Pryor McClendon, Counts
       Roosevelt & Cross
       William E. Simon & Sons Municipal Securites

      

For the fiscal year ended (a) 10/31/96
File number (c) 811-4930

                          SUB-ITEM 77 0

                             EXHIBITS

           Transactions Effected Pursuant to Rule 10f-3

1.   Name of Issuer
       The City of New York

2.   Date of Purchase
        8/8/96

3.   Number of Securities Purchased
       70,000 - Due 08/15/2015

4.   Dollar Amount of Purchase
       $7,255,150

5.   Price Per Unit
       $103.645 - Due 08/15/2011
      
6.   Name(s) of Underwriter(s) or Dealer(s)
     From whom Purchased
       Merrill Lynch

7.   Other Members of the Underwriting Syndicate
      
       Merrill Lynch & Co.
       Artemis Capital Group
       Grigsby Bradford & Co. Inc.
       Morgan Stanley & Co.
       Goldman, Sachs, & Co.
       Prudential Securities Inc.
       Samuel A. Ramirez & Co.
       Bear Stearns & Co.
       Advest Inc.
       MR Beal & Company
       Citicorp Securities
       PaineWebber Inc.
       Oppenheimer & Co.
       Muriel Siebert & Co.
       Lehman Brothers
       Smith Barney
       First Albany Corporation
       JP Morgan & Co
       AG Edwards & Sons
       Cambridge Partners LLC
       Lebenthal & Co.
       Pryor McClendon, Counts
       Roosevelt & Cross
       William E. Simon & Sons Municipal Securites

      

For the fiscal year ended (a) 10/31/96
File number (c) 811-4930

                          SUB-ITEM 77 0

                             EXHIBITS

           Transactions Effected Pursuant to Rule 10f-3

1.   Name of Issuer
       Puerto Rico CommonWealth

2.   Date of Purchase
        1/18/96

3.   Number of Securities Purchased
       11,150 - Due 07/1/2008

4.   Dollar Amount of Purchase
       $1,276,062

5.   Price Per Unit
       $114.445 - Due 07/1/2008
      
6.   Name(s) of Underwriter(s) or Dealer(s)
     From whom Purchased
       Smith Barney

7.   Other Members of the Underwriting Syndicate
       Smith Barney
       Merrill Lynch & Co.
       Morgan Stanley & Co.
       Goldman, Sachs, & Co.
       Prudential Securities Inc.
       Bear Stearns & Co.
       Citicorp Securities
       PaineWebber Inc.
       Lehman Brothers
       Oriental Financial Services Inc.
       Clark Melvin Securities Corp.
      


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