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Prudential Municipal Bond Fund
(Insured Series)
Supplement dated April 9, 1996 to
Prospectus dated June 30, 1995
Effective April 1996, the current portfolio managers of the Insured Series
are Peter J. Allegrini and Marie Conti. Mr. Allegrini and Ms. Conti share
responsibility for the day-to-day management of the Series' portfolio.
Peter J. Allegrini is a Managing Director of Prudential Mutual Fund
Investment Management (PMFIM), a unit of The Prudential Investment Corporation
(PIC). Mr Allegrini has been employed by PIC as a portfolio manager since July
1994 and serves as the portfolio manager for a number of other municipal bond
portfolios managed by PIC, including the High Yield Series of the Fund. He was
employed by Fidelity Investments from 1982 to 1985 as a senior bond analyst and
from 1985 to 1994 as a portfolio manager, most recently of Fidelity Advisor
High Income Municipal Fund.
Ms. Conti is an Investment Manager of PMFIM. Ms. Conti has been employed by
PIC as a portfolio manager since September 1989 and prior thereto was employed
in an administrative capacity at PIC since August 1988. Ms. Conti also serves as
the portfolio manager of the Intermediate Series of the Fund and a number of
other municipal bond portfolios managed by PIC.
MF 133C-1 (4/9/96)
