<PAGE> PAGE 1
000 B000000 05/31/95
000 C000000 0000819189
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 GLOBAL GENESIS FUND
001 B000000 811-5248
001 C000000 2122141182
002 A000000 199 WATER STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10292
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 PRUDENTIAL MUTUAL FUND MANAGEMENT INC.
008 B000001 A
008 C000001 801-31104
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10292
008 A000002 PRUDENTIAL INVESTMENT CORPORATION
008 B000002 S
008 C000002 801-22808
008 D010002 NEWARK
008 D020002 NJ
008 D030002 07101
011 A000001 PRUDENTIAL MUTUAL FUNDS DISTRIBUTORS, INC.
011 B000001 8-38739
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10292
011 A000002 PRUDENTIAL SECURITIES INCORPORATED
011 B000002 8-27154
<PAGE> PAGE 2
011 C010002 NEW YORK
011 C020002 NY
011 C030002 10292
012 A000001 PRUDENTIAL MUTUAL FUND SERVICES, INC.
012 B000001 84-4110019
012 C010001 NEW BRUNSWICK
012 C020001 NJ
012 C030001 08906
013 A000001 PRICE WATERHOUSE
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 PRUDENTIAL SECURITIES INCORPORATED
014 B000001 8-27154
014 A000002 PRUCO SECURITIES CORPORATION
014 B000002 8-16402
015 A000001 WESTPAC BANKING CORP.
015 B000001 S
015 C010001 SYDNEY
015 D010001 AUSTRLIA
015 E040001 X
015 A000002 GIROCREDIT BANK
015 B000002 S
015 C010002 SPARKASSEN AG
015 D010002 AUSTRIA
015 E040002 X
015 A000003 GENERALE BANK
015 B000003 S
015 C010003 BRUSSELS
015 D010003 BELGIUM
015 E040003 X
015 A000004 CANADA TRUST CO., MORTGAGE CO.
015 B000004 S
015 C010004 ONTARIO
015 D010004 CANADA
015 E040004 X
015 A000005 DEN DANSKE BANK
015 B000005 S
015 C010005 COPENHAGEN
015 D010005 DENMARK
015 E040005 X
015 A000006 KANSALLIS-OSAKE-PANKKI
015 B000006 S
015 C010006 HELSINKI
015 D010006 FINLAND
015 E040006 X
015 A000007 BANQERE PARIBAS
015 B000007 S
015 C010007 PARIS
015 D010007 FRANCE
015 E040007 X
<PAGE> PAGE 3
015 A000008 BERLINER HANDELS-UND FRANKFURTER BANK
015 B000008 S
015 C010008 FRANKFURT AM MAINL
015 D010008 GERMANY
015 E040008 X
015 A000009 STANDARD CHARTED BANK
015 B000009 S
015 C010009 THE LANDMARK
015 D010009 HONG KONG
015 E040009 X
015 A000010 BANK OF IRELAND
015 B000010 S
015 C010010 DUBLIN2
015 D010010 IRELAND
015 E040010 X
015 A000011 MORGAN GUARANTY TRUST CO.
015 B000011 S
015 C010011 MILAN
015 D010011 ITALY
015 E040011 X
015 A000012 SUMITOMO TRUST & BANKING CO., LTD.
015 B000012 S
015 C010012 TOKYO
015 D010012 JAPAN
015 E040012 X
015 A000013 BANK OF SEOUL
015 B000013 S
015 C010013 SEOUL
015 D010013 KOREA
015 E040013 X
015 A000014 STANDARD CHARTERED BANK
015 B000014 S
015 C010014 KUALA LUMPUR
015 D010014 MALAYSIA
015 E040014 X
015 A000015 CITIBANK, NA-MEXICO
015 B000015 S
015 C010015 MEXICO
015 D010015 MEXICO
015 E040015 X
015 A000016 MEES PIERSON N.V.
015 B000016 S
015 C010016 AMSTERDAM
015 D010016 NETHERLANDS
015 E040016 X
015 A000017 CHRISTIANA BANK OG KREDIT KASSE
015 B000017 S
015 C010017 OSLO
015 D010017 NORWAY
015 E040017 X
015 A000018 BANCO COMERCIAL
<PAGE> PAGE 4
015 B000018 S
015 C010018 LISBOA
015 D010018 PORTUGAL
015 E040018 X
015 A000019 THE DEVELOPMENT BANK OF SINGAPORE LTD.
015 B000019 S
015 C010019 CLIFFORD CENTRE
015 D010019 SINGAPORE
015 E040019 X
015 A000020 BANCO SANTANDER, S.A.
015 B000020 S
015 C010020 MADRID
015 D010020 SPAIN
015 E040020 X
015 A000021 SKANDINAVISKA ENSKILIDA BANKEN
015 B000021 S
015 C010021 STOCKHOLM
015 D010021 SWEDEN
015 E040021 X
015 A000022 UNION BANK OF SWITZERLAND
015 B000022 S
015 C010022 ZURICH
015 D010022 SWITZERLAND
015 E040022 X
015 A000023 STANDARD CHARTERED BANK
015 B000023 S
015 C010023 BANGKOK
015 D010023 THAILAND
015 E040023 X
015 A000024 STATE STREET BANK AND TRUST COMPANY
015 B000024 S
015 C010024 LONDON
015 D010024 UNITED KINGDOM
015 E040024 X
015 A000025 STATE STREET BANK AND TRUST COMPANY
015 B000025 C
015 C010025 NORTH QUINCY
015 C020025 MA
015 C030025 02171
015 E010025 X
015 A000026 STANDARD CHARTERED BANK
015 B000026 S
015 C010026 INDONESIA
015 D010026 INDONESIA
015 E040026 X
015 A000027 ANZ BANKING GROUP (NEW ZEALAND) LIMITED
015 B000027 S
015 C010027 NEW ZEALAND
015 D010027 NEW ZEALAND
015 E040027 X
015 A000028 CITIBANK, N.A.
<PAGE> PAGE 5
015 B000028 S
015 C010028 ARGENTINA
015 D010028 ARGENTINA
015 E040028 X
015 A000029 CITIBANK, N.A.
015 B000029 S
015 C010029 BRAZIL
015 D010029 BRAZIL
015 E040029 X
015 A000030 CITIBANK, N.A.
015 B000030 S
015 C010030 CHILE
015 D010030 CHILE
015 E040030 X
015 A000031 CESKOSLOVENSKA OBCHODNI
015 B000031 S
015 C010031 CZECH REPUBLIC
015 D010031 CZECH REPUBLIC
015 E040031 X
015 A000032 NATIONAL BANK OF GREECE
015 B000032 S
015 C010032 GREECE
015 D010032 GREECE
015 E040032 X
015 A000033 CITIBANK BUDAPEST RT.
015 B000033 S
015 C010033 HUNGARY
015 D010033 HUNGARY
015 E040033 X
015 A000034 THE HONGKONG AND SHANGHAI BANKING CORP., LTD.
015 B000034 S
015 C010034 INDIA
015 D010034 INDIA
015 E040034 X
015 A000035 CITIBANK POLAND, S.A.
015 B000035 S
015 C010035 POLAND
015 D010035 POLAND
015 E040035 X
015 A000036 CITIBANK, N.A.
015 B000036 S
015 C010036 TURKEY
015 D010036 TURKEY
015 E040036 X
015 B000037 S
015 C010037 LUXEMBOURG
015 D010037 LUXEMBOURG
015 E040037 X
018 000000 Y
019 A000000 Y
019 B000000 70
<PAGE> PAGE 6
019 C000000 PRUDENTIAL
020 A000001 S.G. WARBURG & CO., INC.
020 B000001 13-3340045
020 C000001 112
020 A000002 CAPEL (JAMES), INC.
020 B000002 52-1348224
020 C000002 88
020 A000003 MARGAN STANLEY & CO., INC.
020 B000003 13-2655998
020 C000003 52
020 A000004 BARCLAYS DE ZOETE WEDD, INC.
020 B000004 13-3551367
020 C000004 49
020 A000005 CROSBY SECURITIES, INC.
020 B000005 13-3431728
020 C000005 43
020 A000006 KIM ENG SECURITIES USA, INC.
020 B000006 13-3589767
020 C000006 41
020 A000007 CREDIT LYONNAIS SECURITIES (USA), INC.
020 B000007 00-0000000
020 C000007 35
020 A000008 JARDINE FLEMING
020 B000008 00-0000000
020 C000008 33
020 A000009 ALFRED BERG BORSMAEGLERSELSKAB A/S
020 B000009 00-0000000
020 C000009 29
020 A000010 KLEINWORT BENSON NORTH AMERICA, INC.
020 B000010 13-2647786
020 C000010 28
021 000000 838
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001 235087
022 D000001 722
022 A000002 SMITH BARNEY INC.
022 B000002 13-1912900
022 C000002 164720
022 D000002 3163
022 A000003 BEAR STEARNS & CO., INC.
022 B000003 13-3299429
022 C000003 152731
022 D000003 0
022 A000004 MORGAN (J.P.) SECURITIES
022 B000004 13-3224016
022 C000004 132968
022 D000004 0
022 A000005 BANKERS TRUST COMPANY
022 B000005 13-4941247
022 C000005 86727
<PAGE> PAGE 7
022 D000005 0
022 A000006 CS FIRST BOSTON CORP.
022 B000006 13-5659485
022 C000006 86316
022 D000006 3278
022 A000007 MERRIL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000007 13-5674085
022 C000007 79815
022 D000007 2516
022 A000008 MORGAN STANLEY & CO., INC.
022 B000008 13-2655998
022 C000008 78337
022 D000008 0
022 A000009 KIDDER PEABODY & CO.
022 B000009 13-5650440
022 C000009 55246
022 D000009 0
022 A000010 NOMURA SECURITIES INTERNATIONAL, INC.
022 B000010 13-2642206
022 C000010 41859
022 D000010 0
023 C000000 1194730
023 D000000 16364
024 000000 Y
025 A000001 GOLDMAN, SACHS & CO.
025 B000001 13-5108880
025 C000001 D
025 D000001 149
025 A000002 BEAR STEARNS & CO.
025 B000002 13-3299429
025 C000002 D
025 D000002 134
025 A000003 CS FIRST BOSTON CORP.
025 B000003 13-5659485
025 C000003 D
025 D000003 134
025 A000004 DELETE
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
<PAGE> PAGE 8
027 000000 Y
028 A010000 21341
028 A020000 0
028 A030000 0
028 A040000 23693
028 B010000 8953
028 B020000 0
028 B030000 0
028 B040000 13144
028 C010000 34707
028 C020000 0
028 C030000 0
028 C040000 37708
028 D010000 20896
028 D020000 0
028 D030000 0
028 D040000 26449
028 E010000 19828
028 E020000 0
028 E030000 0
028 E040000 19767
028 F010000 33220
028 F020000 404
028 F030000 0
028 F040000 36780
028 G010000 138945
028 G020000 404
028 G030000 0
028 G040000 157542
028 H000000 70606
029 000000 Y
030 A000000 204
030 B000000 5.00
030 C000000 0.50
031 A000000 194
031 B000000 0
032 000000 0
033 000000 10
034 000000 Y
035 000000 688
036 A000000 N
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 100
<PAGE> PAGE 9
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 1824
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.000
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
<PAGE> PAGE 10
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
058 B000000 N
058 C000000 N
058 D000000 N
058 E000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1000
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
<PAGE> PAGE 11
070 C010000 N
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 Y
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 130202
071 B000000 128458
071 C000000 200568
071 D000000 64
072 A000000 12
072 B000000 400
072 C000000 2502
072 D000000 0
072 E000000 0
072 F000000 0
072 G000000 1034
072 H000000 0
072 I000000 460
072 J000000 550
072 K000000 0
072 L000000 140
072 M000000 25
072 N000000 75
072 O000000 0
<PAGE> PAGE 12
072 P000000 0
072 Q000000 0
072 R000000 57
072 S000000 45
072 T000000 1824
072 U000000 0
072 V000000 0
072 W000000 25
072 X000000 4235
072 Y000000 0
072 Z000000 -1333
072AA000000 24228
072BB000000 23710
072CC010000 0
072CC020000 3534
072DD010000 164
072DD020000 367
072EE000000 350
073 A010000 0.0300
073 A020000 0.0800
073 B000000 0.0200
073 C000000 0.0000
074 A000000 20685
074 B000000 465
074 C000000 0
074 D000000 944
074 E000000 11520
074 F000000 167475
074 G000000 0
074 H000000 0
074 I000000 420
074 J000000 743
074 K000000 0
074 L000000 3588
074 M000000 0
074 N000000 205840
074 O000000 5058
074 P000000 226
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1527
074 S000000 0
074 T000000 199029
074 U010000 8612
074 U020000 2462
074 V010000 17.84
074 V020000 0.00
074 W000000 0.0000
074 X000000 11073
<PAGE> PAGE 13
074 Y000000 0
075 A000000 0
075 B000000 206883
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 Y
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 Y
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 B000000 N/A
080 C000000 65000
081 A000000 Y
081 B000000 86
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE SUSAN C. COTE
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000819189
<NAME> PRUDENTIAL GLOBAL GENESIS FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> GLOBAL GENESIS (CLASS A)
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAY-31-1995
<PERIOD-END> MAY-31-1995
<INVESTMENTS-AT-COST> 162,564,349
<INVESTMENTS-AT-VALUE> 180,824,088
<RECEIVABLES> 4,331,596
<ASSETS-OTHER> 20,684,521
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 205,840,205
<PAYABLE-FOR-SECURITIES> 5,058,024
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,753,341
<TOTAL-LIABILITIES> 6,811,365
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 182,451,519
<SHARES-COMMON-STOCK> 11,073,439
<SHARES-COMMON-PRIOR> 11,144,681
<ACCUMULATED-NII-CURRENT> 39,159
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,476,878)
<OVERDISTRIBUTION-GAINS> 19,015,040
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 199,028,840
<DIVIDEND-INCOME> 2,502,148
<INTEREST-INCOME> 399,543
<OTHER-INCOME> 0
<EXPENSES-NET> 4,234,404
<NET-INVESTMENT-INCOME> (1,332,713)
<REALIZED-GAINS-CURRENT> 518,554
<APPREC-INCREASE-CURRENT> (3,534,468)
<NET-CHANGE-FROM-OPS> (4,348,627)
<EQUALIZATION> 104,845
<DISTRIBUTIONS-OF-INCOME> (530,873)
<DISTRIBUTIONS-OF-GAINS> (350,379)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 224,701,575
<NUMBER-OF-SHARES-REDEEMED> (225,259,494)
<SHARES-REINVESTED> 831,367
<NET-CHANGE-IN-ASSETS> (4,851,586)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (528,393)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,033,673
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,234,404
<AVERAGE-NET-ASSETS> 32,430,000
<PER-SHARE-NAV-BEGIN> 18.75
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> (0.21)
<PER-SHARE-DIVIDEND> (0.08)
<PER-SHARE-DISTRIBUTIONS> (0.02)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 18.44
<EXPENSE-RATIO> 1.42
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000819189
<NAME> PRUDENTIAL GLOBAL GENESIS FUND, INC.
<SERIES>
<NUMBER> 002
<NAME> GLOBAL GENESIS (CLASS B)
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAY-31-1995
<PERIOD-END> MAY-31-1995
<INVESTMENTS-AT-COST> 162,564,349
<INVESTMENTS-AT-VALUE> 180,824,088
<RECEIVABLES> 4,331,596
<ASSETS-OTHER> 20,684,521
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 205,840,205
<PAYABLE-FOR-SECURITIES> 5,058,024
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,753,341
<TOTAL-LIABILITIES> 6,811,365
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 182,451,519
<SHARES-COMMON-STOCK> 11,073,439
<SHARES-COMMON-PRIOR> 11,144,681
<ACCUMULATED-NII-CURRENT> 39,159
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,476,878)
<OVERDISTRIBUTION-GAINS> 19,015,040
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 199,028,840
<DIVIDEND-INCOME> 2,502,148
<INTEREST-INCOME> 399,543
<OTHER-INCOME> 0
<EXPENSES-NET> 4,234,404
<NET-INVESTMENT-INCOME> (1,332,713)
<REALIZED-GAINS-CURRENT> 518,554
<APPREC-INCREASE-CURRENT> (3,534,468)
<NET-CHANGE-FROM-OPS> (4,348,627)
<EQUALIZATION> 104,845
<DISTRIBUTIONS-OF-INCOME> (530,873)
<DISTRIBUTIONS-OF-GAINS> (350,379)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 224,701,575
<NUMBER-OF-SHARES-REDEEMED> (225,259,494)
<SHARES-REINVESTED> 831,367
<NET-CHANGE-IN-ASSETS> (4,851,586)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (528,393)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,033,673
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,234,404
<AVERAGE-NET-ASSETS> 173,591,000
<PER-SHARE-NAV-BEGIN> 18.22
<PER-SHARE-NII> (0.13)
<PER-SHARE-GAIN-APPREC> (0.19)
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (0.03)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.84
<EXPENSE-RATIO> 2.17
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000819189
<NAME> PRUDENTIAL GLOBAL GENESIS FUND, INC.
<SERIES>
<NUMBER> 003
<NAME> GLOBAL GENESIS (CLASS C)
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAY-31-1995
<PERIOD-END> MAY-31-1995
<INVESTMENTS-AT-COST> 162,564,349
<INVESTMENTS-AT-VALUE> 180,824,088
<RECEIVABLES> 4,331,596
<ASSETS-OTHER> 20,684,521
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 205,840,205
<PAYABLE-FOR-SECURITIES> 5,058,024
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,753,341
<TOTAL-LIABILITIES> 6,811,365
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 182,451,519
<SHARES-COMMON-STOCK> 11,073,439
<SHARES-COMMON-PRIOR> 11,144,681
<ACCUMULATED-NII-CURRENT> 39,159
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,476,878)
<OVERDISTRIBUTION-GAINS> 19,015,040
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 199,028,840
<DIVIDEND-INCOME> 2,502,148
<INTEREST-INCOME> 399,543
<OTHER-INCOME> 0
<EXPENSES-NET> 4,234,404
<NET-INVESTMENT-INCOME> (1,332,713)
<REALIZED-GAINS-CURRENT> 518,554
<APPREC-INCREASE-CURRENT> (3,534,468)
<NET-CHANGE-FROM-OPS> (4,348,627)
<EQUALIZATION> 104,845
<DISTRIBUTIONS-OF-INCOME> (530,873)
<DISTRIBUTIONS-OF-GAINS> (350,379)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 224,701,575
<NUMBER-OF-SHARES-REDEEMED> (225,259,494)
<SHARES-REINVESTED> 831,367
<NET-CHANGE-IN-ASSETS> (4,851,586)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (528,393)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,033,673
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,234,404
<AVERAGE-NET-ASSETS> 862,000
<PER-SHARE-NAV-BEGIN> 18.44
<PER-SHARE-NII> (0.12)
<PER-SHARE-GAIN-APPREC> (0.44)
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.84
<EXPENSE-RATIO> 2.27
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
Board of Directors or Trustees of:
Prudential Adjustable Rate Securities Fund
Prudential IncomeVertible Fund
The BlackRock Government Income Trust
Prudential Intermediate Global Income Fund
Prudential California Municipal Fund (2 Portfolios)
Prudential Multi-Sector Fund
Prudential Equity Fund
Prudential Municipal Bond Fund (3 Portfolios)
Prudential Equity Income Fund
Prudential Municipal Series Fund (12 Portfolios)
Prudential FlexiFund (2 Portfolios)
Prudential National Municipals Fund
Prudential GNMA Fund
Prudential Pacific Growth Fund
Prudential Global Fund
Prudential Short-Term Global Income Fund (2 Portfolios)
Prudential Global Genesis Fund
Prudential Structured Maturity Fund
Prudential Global Natural Resources Fund
Prudential U.S. Government Fund
Prudential Government Plus Fund
Prudential Utility Fund
Prudential Growth Fund
Global Utility Fund, Inc.
Prudential Growth Opportunity Fund
Nicholas-Applegate Fund, Inc.
Prudential High Yield Fund
We have examined the accompanying description of the
Prudential Dual Pricing
Worksheet (the "Worksheet") application of State Street Bank
and Trust Company
("State Street"), custodian and recordkeeper for the
Prudential Mutual Funds
(the "Funds"). Our examination included procedures to
obtain reasonable
assurance about whether (1) the accompanying description
presents fairly, in
all material respects, the aspects of State Street's
policies and procedures
that may be relevant to a Fund's internal control structure
relating to the
Worksheet, (2) the control structure policies and procedures
included in the
description were suitably designed to achieve the control
objectives specified
in the description, if those policies and procedures were
complied with
satisfactorily, and (3) such policies and procedures had
been placed in
operation as of June 30, 1994. The control objectives were
specified by
Prudential Mutual Fund Management. Our examination was
performed in accordance
with standards established by the American Institute of
Certified Public
Accountants and included those procedures we considered
necessary in the
circumstances to obtain a reasonable basis for rendering our
opinion.
In our opinion, the accompanying description of the
aforementioned application
presents fairly, in all material respects, the relevant
aspects of State
Street's policies and procedures that had been placed in
operation as of
June 30, 1994. Also, in our opinion, the policies and
procedures, as
described, are suitably designed to provide reasonable
assurance that the
specified control objectives would be achieved if the
described policies and
procedures were complied with satisfactorily.
In addition to the procedures we considered necessary to
render our opinion as
expressed in the previous paragraph, we applied tests to
specific policies and
procedures, listed in Section I, to obtain evidence about
their effectiveness
in meeting the control objectives, described in Section I
during the period
from July 1, 1993 to June 30, 1994. The nature, timing,
extent, and results of
the tests are listed in Section II. In our opinion the
policies and procedures
that were tested, as described in Section II, were operating
with sufficient
effectiveness to provide reasonable, but not absolute,
assurance that the
control objectives specified in Section I were achieved
during the period from
July 1, 1993 to June 30, 1994.
The relative effectiveness and significance of specific
policies and procedures
at State Street, and their effect on assessments of control
risk on the Funds
are dependent on their interaction with the policies,
procedures, and other
factors present at individual Funds. We have performed no
procedures to
evaluate the effectiveness of policies and procedures at
individual Funds in
connection with this report.
The description of policies and procedures at State Street
is as of June 30,
1994, and information about tests of the operating
effectiveness of specified
policies and procedures covers the period from July 1, 1993
to June 30, 1994.
Any projection of such information to the future is subject
to the risk that,
because of change, the description may no longer portray the
system in
existence. The potential effectiveness of specified
policies and procedures at
State Street is subject to inherent limitations and,
accordingly, errors or
irregularities may occur and not be detected. Furthermore,
the projection of
any conclusions, based on our findings, to future periods is
subject to the
risk that changes may alter the validity of such
conclusions.
This report is intended solely for use by the management and
Boards of
Directors/Trustees of the Funds, the independent auditors of
the Funds and the
Securities and Exchange Commission.
July 28, 1994
SECTION I
Policies and Procedures Placed in
Operation
Prudential Dual Pricing Worksheet
Effective January 22, 1990, the Funds, offered by Prudential
Securities
Incorporated (formerly Prudential-Bache Securities, Inc.)
and Prudential Mutual
Fund Distributors, Inc., adopted a dual pricing system. The
dual pricing
system consists of two classes of shares (Class A and Class
B for all funds
except the Florida Series of Prudential Municipal Series
Fund. This Fund
offers Class A and Class D shares.) for the Funds. The
Class A shares are
subject to a front-end sales load and the Class B and Class
D shares are
subject to a contingent deferred sales charge. Each of the
classes of shares
represent interests in the same portfolio of investments of
the respective Fund
and are identical in all respects, except that each class is
subject to
different distribution expenses and has exclusive voting
rights with respect to
the Rule 12b-1 distribution plan pursuant to which such
distribution expenses
are paid.
In order to allocate income and expenses between the two
classes of shares,
State Street Bank and Trust Company (the Funds' custodian
and recordkeeper)
utilizes the Prudential Dual Pricing Worksheet (the
"Worksheet") (see Exhibit
I). The Worksheet is a manual supplementary application
that extracts relevant
data from the Funds' primary accounting system, allocates
income and expenses
between the two classes of shares and computes the daily net
asset value and,
if applicable, the dividend/distribution for each class of
shares. Internal
accounting controls that are relevant to the Fund can be
divided into two
components - controls related to the mutual fund accounting
system resident at
State Street Bank and Trust Company (the "primary accounting
system") and
controls related to the Worksheet.
The spcific control objectives and policies and procedures
relating to the
Worksheet are described on pages 4, 5 and 6. A description
of the tests of the
policies and procedures designed to obtain evidence about
the operating
effectiveness of those policies and procedures in achieving
the specific
control objectives is included in Section II.
Control Objectives and Policies and
Procedures
Prudential Dual Pricing Worksheet
The Worksheet is a supplementary manual application to the
Funds' primary
accounting system. Certain data is extracted from the
primary accounting
system to allocate income and expenses and to calculate the
daily net asset
value and, if applicable, dividends/distributions for each
class of shares.
The primary accounting system includes the details of
transactions in
accordance with the Investment Company Act of 1940, as
amended.
The following represents the internal accounting control
objectives and
policies and procedures for the allocation of income and
expenses and the
computation of the net asset value and, if applicable, the
dividend/distribution for each class of shares utilizing the
Worksheet. It
does not cover the internal accounting control policies and
procedures
surrounding the processing of information into the Funds'
primary accounting
system.
CONTROL
POLICIES CONTROL
OBJECTIVES AND PROCEDURES
A. Capital share activity
as reported by the
1. Daily, the transfer
agent forwards
reports of
Fund's transfer agent is recorded for each
capital share activity
for each class which
class in an accurate and timely manner by includes a
summary of
subscriptions,
the Fund. redemptions,
exchanges and other
information (the
"Supersheet"). The
opening day's
balance for shares
outstanding
and current day
activity is recorded
on the Worksheet.
2. Estimated
interim share activity
for the current day
not recorded in the
Supersheet is
received via telefax from
the transfer agent
and is recorded for
each class on the
Worksheet.
3. A report of
outstanding shares
eligible for
dividends is received from
the transfer agent
and is recorded for
each class on the
Worksheet.
B. Net Asset Value
("NAV") and, if
applicable, 1.
The prior days
ending NAV per share
the dividend/distribution for each class
(unrounded) for each class is
agreed to the
are accurately computed on a daily basis. prior
day's Worksheet.
2. The daily net
capital stock
activity for each
class for the current
day is agreed to the
Supersheet as
described in Control
Procedures A.1, 2.
and 3., above.
CONTROL POLICIES
CONTROL OBJECTIVES AND PROCEDURES
3. Percentage
Assets by Class and
Percentage Dividend
Assets by Class are
calculated for each
class based upon
information from the
prior day
Worksheet, the
Supersheet and the
telefax from the
transfer agent.
4. Allocate investment
income between
classes based on the
appropriate asset
allocation
percentage for each class.
5. Agree composite
income accounts,
management fees,
other expenses,
realized gains and
losses, and
unrealized
appreciation/depreciation to
the primary
accounting system of the
Fund.
6. Allocate expenses
between classes as
follows:
a. Expenses
directly
attributable
to each
class (12b-1
distribution
expenses)
are calculated and
recorded
to that class.
b. Expenses
attributable to both
classes
are
allocated in accordance
with the
appropriate asset allocation
percentage
for each class.
7. Allocate realized
and unrealized
gains and losses
between the classes in
accordance with the
appropriate asset
allocation
percentage of each class.
8.Record
dividends/distributions to
shareholders of each
class in the
primary accounting
system.
9.Aggregate the net
assets for each class
and agree to the
total net assets per
the primary
accounting system.
10.For each class,
reconcile the current
day's NAV and, if
applicable, the
dividend/distribution to the previous
day's NAV and
dividend/distribution for
each class.
CONTROL POLICIES
CONTROL OBJECTIVES AND PROCEDURES
11.The above procedures
are reviewed by the
Fund supervisor or
manager.
SECTION II
Tests of Operating Effectiveness
Prudential Dual Pricing Worksheet
July 1, 1993 to June 30, 1994
We reviewed the methodology and procedures for calculating
the daily net asset
value and, if applicable, the dividends/distributions of the
two classes of
shares and the allocation of income and expenses between the
two classes of
shares.
The following are the detailed procedures which we performed
with respect to
the Worksheet. These procedures were performed for selected
days encompassing
all Funds subject to dual pricing during the year ended June
30, 1994, which we
believe is a representative sample, to test compliance with
the control
policies and procedures as described in Section I.
Prudential Mutual Fund Management, Inc. is the manager of
the Funds and has
represented to us that adequate facilities are in place to
ensure
implementation of the methodology and procedures for
calculating the net asset
value and dividends/distributions of the two classes of
shares and the
allocation of income and expenses between the two classes of
shares. Based on
our review of the description of the policies and procedures
of the Worksheet,
as described in Section I, and performance of tests of
operating effectiveness
as described in Section II, we concur with such
representation.
Agreed "Prior Day NAV Per Share" to the previous day's
Worksheet.
Agreed "Shares Outstanding Beginning of the Day" to the
previous day's
Worksheet and to the transfer agency records for each
class.
Recalculated "Activity/Estimate" by adding the
estimated interim share
activity reported via fax from the transfer agent and
the current day's
"Capital Stock Activity" reported on the Supersheet for
each class.
Recalculated "Current Shares Outstanding" by adding
"Shares Outstanding
Beginning of the Day" and "Activity/Estimate" for each
class.
Recalculated for each class "Adjusted Total Assets" by
multiplying "Prior
Day NAV Per Share" by "Current Shares Outstanding".
Recalculated "Percentage Assets-Class A/Front End" by
dividing "Adjusted
Total Assets-Class A/Front End" by "Adjusted Total
Assets Composite".
Recalculated "Percentage Assets-Class B(D)/Back End" by
dividing "Adjusted
Total Assets-Class B(D)/Back End" by "Adjusted Total
Assets Composite".
Agreed "Dividend Shares" to the transfer agency records
for each class.
Recalculated "Current Dividend Shares" by adding
"Dividend Shares
Beginning of Day" and "Activity/Estimate" for each
class.
Recalculated for each class "Adjusted Dividend Assets"
by multiplying
"Prior Day NAV Per Share" by "Current Dividend Shares".
Recalculated "Percentage Dividend Assets-Class A/Front
End" by dividing
"Adjusted Dividend Assets-Class A/Front End" by
"Adjusted Dividend Assets
Composite".
Recalculated "Percentage Dividend Assets-Class
B(D)/Back End" by dividing
"Adjusted Dividend Assets-Class B(D)/Back End" by
"Adjusted Dividend
Assets Composite".
Agreed composite total of each component of income to
the primary
accounting system.
Recalculated the allocation for each class of each
component of income for
daily dividend funds by multiplying the composite total
by "Percentage
Dividend Assets-Class A/Front End" and "Percentage
Dividend Assets-Class
B(D)/Back End," and for non-daily dividend funds by
multiplying the
composite total by "Percentage Assets-Class A/Front
End" and "Percentage
Assets-Class B(D)/Back End".
Recalculated "Daily Income," composite and for each
class, by totaling
each component of income.
Agreed composite total "Management Fee" and "Other
Fixed Expenses" to the
primary accounting system.
Recalculated the allocation for each class of
"Management Fee" and "Other
Fixed Expenses" for daily dividend funds by multiplying
the composite
total by "Percentage Dividend Assets-Class A/Front End"
and "Percentage
Dividend Assets-Class B(D)/Back End," and non-daily
dividend funds by
multiplying the composite total by "Percentage Assets-
Class A/Front End"
and "Percentage Assets-Class B(D)/Back End".
Agreed the "12b-1 Fee-Class A/Front End" and "12b-1 Fee-
Class B(D)/Back
End" to the respective "PC Expense Worksheet".
Recalculated "Daily Expense," composite and for each
class, by totaling
"Management Fee," "12b-1 Fee" and "Other Fixed
Expenses".
Recalculated "Daily Net Income" for each class by
subtracting "Daily
Expense" from "Daily Income".
Recalculated "Dividend Rate" for each class for daily
dividend funds by
dividing "Daily Net Income" by "Dividend Shares
Beginning of Day-Class
A/Front End" and "Dividend Shares Beginning of Day-
Class B(D)/Back End".
Agreed "Daily Income" and "Income Distribution" for
each class to the
primary accounting system.
Agreed the "Capital Gain Distribution" to the amount
recorded in the
primary accounting system.
Agreed composite total "Realized Gain/Loss" and
"Unrealized
Appreciation/Depreciation" to the primary accounting
system.
Recalculated the allocation for each class of "Realized
Gain/Loss" and
"Unrealized Appreciation/Depreciation" by multiplying
the composite amount
by the "Percentage Assets-Class A/Front End" and
"Percentage Assets-Class
B(D)/Back End".
Agreed "Prior Days Net Assets" to the previous day's
Worksheet.
Recalculated "Net Assets", composite and for each
class, by totaling
"Daily Net Income", "Income Distributed", "Capital
Stock Activity",
"Capital Gain Distribution", "Realized Gain/Loss",
"Unrealized
Appreciation/Depreciation", and "Prior Days Net
Assets".
Recalculated "NAV Per Share" dividing the "Net Assets-
Class A/Front End"
and "Net Assets - Class B(D)/Back End" by "Current
Shares Outstanding -
Class A/Front End" and "Current Shares Outstanding -
Class B(D)/Back End",
respectively.
Recalculated "Offering Price" for Class A shares by
applying the "Load"
percentage as stated in the fund's prospectus.
February 11, 1993
To the Board of Directors of
The Gabelli Equity Trust Inc.
Page 2
July 24, 1995
To the Board of Directors of
Prudential Global Genesis Fund, Inc.
In planning and performing our audit of the financial statements of Prudential
Global Genesis Fund, Inc. (the "Fund") for the year ended May 31, 1995, we
considered its internal control structure, including procedures for safeguarding
securities, in order to determine our auditing procedures for the purposes of
expressing our opinion on the financial statements and to comply with the
requirements of Form N-SAR, and not to provide assurance on the internal control
structure.
The management of the Fund is responsible for establishing and maintaining an
internal control structure. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected benefits and related
costs of internal control structure policies and procedures. Two of the
objectives of an internal control structure are to provide management with
reasonable, but not absolute, assurance that assets are appropriately
safeguarded against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in conformity
with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors or
irregularities may occur and may not be detected. Also, projection of any
evaluation of the structure to future periods is subject to the risk that it may
become inadequate because of changes in conditions or that the effectiveness of
the design and operation may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce to
a relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the financial statements being audited may
occur and may not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving the internal control structure, including procedures for safeguarding
securities, that we consider to be material weaknesses as defined above as of
May 31, 1995.
This report is intended solely for the information and use of management and the
Securities and Exchange Commission.
PRICE WATERHOUSE LLP
