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SIGNATURE GRACE TORRES
TITLE ASSISTANT TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> (0.72)
<PER-SHARE-DIVIDEND> (0.28)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.49
<EXPENSE-RATIO> 1.30
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
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> 004
<NAME> HIGH INCOME SERIES (CLASS Z)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-2000
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 1,091,910,986
<INVESTMENTS-AT-VALUE> 1,087,966,811
<RECEIVABLES> 32,931,617
<ASSETS-OTHER> 29,218
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,120,927,646
<PAYABLE-FOR-SECURITIES> 3,512,189
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5,890,661
<TOTAL-LIABILITIES> 9,402,850
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,142,687,568
<SHARES-COMMON-STOCK> 108,083,583
<SHARES-COMMON-PRIOR> 99,154,705
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (26,838,909)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (4,323,863)
<NET-ASSETS> 1,111,524,796
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 38,128,285
<OTHER-INCOME> 0
<EXPENSES-NET> 5,503,357
<NET-INVESTMENT-INCOME> 32,624,928
<REALIZED-GAINS-CURRENT> (2,527,035)
<APPREC-INCREASE-CURRENT> (74,095,367)
<NET-CHANGE-FROM-OPS> (43,997,474)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (32,624,928)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 101,474,507
<NUMBER-OF-SHARES-REDEEMED> (139,883,467)
<SHARES-REINVESTED> 15,119,938
<NET-CHANGE-IN-ASSETS> (99,911,424)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (24,311,874)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,888,576
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,448,913
<AVERAGE-NET-ASSETS> 12,580,000
<PER-SHARE-NAV-BEGIN> 11.20
<PER-SHARE-NII> 0.32
<PER-SHARE-GAIN-APPREC> (0.71)
<PER-SHARE-DIVIDEND> (0.32)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.49
<EXPENSE-RATIO> 0.55
[AVG-DEBT-OUTSTANDING] 0.00
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
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> INSURED SERIES (CLASS A)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-2000
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 365,857,557
<INVESTMENTS-AT-VALUE> 367,218,245
<RECEIVABLES> 18,956,053
<ASSETS-OTHER> 12,917
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 386,187,215
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,480,395
<TOTAL-LIABILITIES> 12,480,395
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 375,104,667
<SHARES-COMMON-STOCK> 35,989,634
<SHARES-COMMON-PRIOR> 38,796,357
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,745,410)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,347,563
<NET-ASSETS> 373,706,820
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,244,945
<OTHER-INCOME> 0
<EXPENSES-NET> 1,965,344
<NET-INVESTMENT-INCOME> 9,279,601
<REALIZED-GAINS-CURRENT> (2,270,557)
<APPREC-INCREASE-CURRENT> (27,797,224)
<NET-CHANGE-FROM-OPS> (20,788,180)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,279,601)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 30,688,005
<NUMBER-OF-SHARES-REDEEMED> (65,942,067)
<SHARES-REINVESTED> 5,188,355
<NET-CHANGE-IN-ASSETS> (60,133,488)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (474,853)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,011,605
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,964,869
<AVERAGE-NET-ASSETS> 245,863,000
<PER-SHARE-NAV-BEGIN> 11.18
<PER-SHARE-NII> 0.25
<PER-SHARE-GAIN-APPREC> (0.80)
<PER-SHARE-DIVIDEND> (0.25)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.38
<EXPENSE-RATIO> 0.88
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
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> 002
<NAME> INSURED SERIES (CLASS B)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-2000
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 365,857,557
<INVESTMENTS-AT-VALUE> 367,218,245
<RECEIVABLES> 18,956,053
<ASSETS-OTHER> 12,917
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 386,187,215
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,480,395
<TOTAL-LIABILITIES> 12,480,395
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 375,104,667
<SHARES-COMMON-STOCK> 35,989,634
<SHARES-COMMON-PRIOR> 38,796,357
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,745,410)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,347,563
<NET-ASSETS> 373,706,820
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,244,945
<OTHER-INCOME> 0
<EXPENSES-NET> 1,965,344
<NET-INVESTMENT-INCOME> 9,279,601
<REALIZED-GAINS-CURRENT> (2,270,557)
<APPREC-INCREASE-CURRENT> (27,797,224)
<NET-CHANGE-FROM-OPS> (20,788,180)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,279,601)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 30,688,005
<NUMBER-OF-SHARES-REDEEMED> (65,942,067)
<SHARES-REINVESTED> 5,188,355
<NET-CHANGE-IN-ASSETS> (60,133,488)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (474,853)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,011,605
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,964,869
<AVERAGE-NET-ASSETS> 150,901,000
<PER-SHARE-NAV-BEGIN> 11.19
<PER-SHARE-NII> 0.24
<PER-SHARE-GAIN-APPREC> (0.80)
<PER-SHARE-DIVIDEND> (0.24)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.39
<EXPENSE-RATIO> 1.13
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
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> 003
<NAME> INSURED SERIES (CLASS C)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-2000
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 365,857,557
<INVESTMENTS-AT-VALUE> 367,218,245
<RECEIVABLES> 18,956,053
<ASSETS-OTHER> 12,917
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 386,187,215
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,480,395
<TOTAL-LIABILITIES> 12,480,395
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 375,104,667
<SHARES-COMMON-STOCK> 35,989,634
<SHARES-COMMON-PRIOR> 38,796,357
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,745,410)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,347,563
<NET-ASSETS> 373,706,820
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,244,945
<OTHER-INCOME> 0
<EXPENSES-NET> 1,965,344
<NET-INVESTMENT-INCOME> 9,279,601
<REALIZED-GAINS-CURRENT> (2,270,557)
<APPREC-INCREASE-CURRENT> (27,797,224)
<NET-CHANGE-FROM-OPS> (20,788,180)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,279,601)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 30,688,005
<NUMBER-OF-SHARES-REDEEMED> (65,942,067)
<SHARES-REINVESTED> 5,188,355
<NET-CHANGE-IN-ASSETS> (60,133,488)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (474,853)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,011,605
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,964,869
<AVERAGE-NET-ASSETS> 3,014,000
<PER-SHARE-NAV-BEGIN> 11.19
<PER-SHARE-NII> 0.22
<PER-SHARE-GAIN-APPREC> (0.80)
<PER-SHARE-DIVIDEND> (0.22)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.39
<EXPENSE-RATIO> 1.38
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
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> 004
<NAME> INSURED SERIES (CLASS Z)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-2000
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 365,857,557
<INVESTMENTS-AT-VALUE> 367,218,245
<RECEIVABLES> 18,956,053
<ASSETS-OTHER> 12,917
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 386,187,215
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,480,395
<TOTAL-LIABILITIES> 12,480,395
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 375,104,667
<SHARES-COMMON-STOCK> 35,989,634
<SHARES-COMMON-PRIOR> 38,796,357
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,745,410)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,347,563
<NET-ASSETS> 373,706,820
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,244,945
<OTHER-INCOME> 0
<EXPENSES-NET> 1,965,344
<NET-INVESTMENT-INCOME> 9,279,601
<REALIZED-GAINS-CURRENT> (2,270,557)
<APPREC-INCREASE-CURRENT> (27,797,224)
<NET-CHANGE-FROM-OPS> (20,788,180)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,279,601)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 30,688,005
<NUMBER-OF-SHARES-REDEEMED> (65,942,067)
<SHARES-REINVESTED> 5,188,355
<NET-CHANGE-IN-ASSETS> (60,133,488)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (474,853)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,011,605
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,964,869
<AVERAGE-NET-ASSETS> 2,665,000
<PER-SHARE-NAV-BEGIN> 11
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> (1)
<PER-SHARE-DIVIDEND> (0)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10
<EXPENSE-RATIO> 1
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>