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Prudential Mutual Funds
Supplement dated November 11, 1996
The following information supplements the Prospectus of each of the Funds
listed below.
SHAREHOLDER GUIDE
ALTERNATIVE PURCHASE PLAN
Class A Shares
PruArray Savings Program. Class A shares are also offered at net asset value
to employees of companies that enter into a written agreement with Prudential
Retirement Services to participate in the PruArray Savings Program. Under this
Program, a limited number of Prudential Mutual Funds are available for purchase
at net asset value by Individual Retirement Accounts and Savings Accumulation
Plans of the company's employees. The Program is available only to (i) employees
who open an IRA or Savings Accumulation Plan account with the Fund's transfer
agent and (ii) spouses of employees who open an IRA account with the Fund's
transfer agent. The Program is offered to companies that have at least 250
eligible employees.
Listed below are the names of the Prudential Mutual Funds and the dates of
the Prospectuses to which this supplement relates.
Name of Fund Date of Prospectus
- --------------------------------------------- -------------------
Prudential Allocation Fund
(Balanced Portfolio) September 27, 1996
Prudential Equity Fund, Inc. March 1, 1996
Prudential Global Genesis Fund, Inc. July 30, 1996
Prudential High Yield Fund, Inc. March 1, 1996
Prudential Natural Resources Fund, Inc. July 30, 1996
Prudential Structured Maturity Fund, Inc. March 1, 1996
The Global Government Plus Fund, Inc. January 15, 1996
Nicholas Applegate Growth Equity Fund March 4, 1996
MF960C-6
