PRUDENTIAL ADJUSTABLE RATE SECURITIES FUND INC
NSAR-A, 1995-10-31
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001 A000000 PRUDENTIAL ADJUSTABLE RATE SECURITIES FUND
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002 A000000 199 WATER STREET
002 B000000 NEW YORK
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008 A000002 THE PRUDENTIAL INVESTMENT CORPORATION
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013 A000001 DELOITTE & TOUCHE LLP
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014 A000002 PRUCO SECURITIES CORP.
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014 B000003 8-38739
015 A000001 STATE STREET BANK & TRUST COMPANY
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SIGNATURE   GRACE C. TORRES                              
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000885569
<NAME> PRUDENTIAL ADJUSTABLE RATE SECURITIES
<SERIES>
   <NUMBER> 001
   <NAME> PRUDENTIAL ADJUSTABLE RATE SECURITIES (CLASS 
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          FEB-28-1996
<PERIOD-END>                               AUG-31-1995
<INVESTMENTS-AT-COST>                       30,965,403
<INVESTMENTS-AT-VALUE>                      31,030,325
<RECEIVABLES>                                  140,669
<ASSETS-OTHER>                                  66,847
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              31,237,841
<PAYABLE-FOR-SECURITIES>                       401,755
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      197,457
<TOTAL-LIABILITIES>                            599,212
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    39,037,385
<SHARES-COMMON-STOCK>                        3,191,257
<SHARES-COMMON-PRIOR>                        6,222,301
<ACCUMULATED-NII-CURRENT>                      170,790
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (8,634,468)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        64,922
<NET-ASSETS>                                30,638,629
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            1,452,725
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 346,329
<NET-INVESTMENT-INCOME>                      1,106,396
<REALIZED-GAINS-CURRENT>                       372,306
<APPREC-INCREASE-CURRENT>                     (160,483)
<NET-CHANGE-FROM-OPS>                        1,318,219
<EQUALIZATION>                                  (9,162)
<DISTRIBUTIONS-OF-INCOME>                     (926,444)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        721,933
<NUMBER-OF-SHARES-REDEEMED>                (30,686,417)
<SHARES-REINVESTED>                            764,091
<NET-CHANGE-IN-ASSETS>                     (28,817,780)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                   (9,006,774)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          123,117
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                346,329
<AVERAGE-NET-ASSETS>                        48,727,000
<PER-SHARE-NAV-BEGIN>                             9.55
<PER-SHARE-NII>                                   0.22
<PER-SHARE-GAIN-APPREC>                           0.00
<PER-SHARE-DIVIDEND>                             (0.18)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.60
<EXPENSE-RATIO>                                   1.40
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                              0.00
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000885569
<NAME> PRUDENTIAL ADJUSTABLE RATE SECURITIES
<SERIES>
   <NUMBER> 002
   <NAME> PRUDENTIAL ADJUSTABLE RATE SECURITIES (CLASS 
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          FEB-28-1996
<PERIOD-END>                               AUG-31-1995
<INVESTMENTS-AT-COST>                       30,965,403
<INVESTMENTS-AT-VALUE>                      31,030,325
<RECEIVABLES>                                  140,669
<ASSETS-OTHER>                                  66,847
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              31,237,841
<PAYABLE-FOR-SECURITIES>                       401,755
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      197,457
<TOTAL-LIABILITIES>                            599,212
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    39,037,385
<SHARES-COMMON-STOCK>                        3,191,257
<SHARES-COMMON-PRIOR>                        6,222,301
<ACCUMULATED-NII-CURRENT>                      170,790
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (8,634,468)
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                30,638,629
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            1,452,725
<OTHER-INCOME>                                       0
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<REALIZED-GAINS-CURRENT>                       372,306
<APPREC-INCREASE-CURRENT>                     (160,483)
<NET-CHANGE-FROM-OPS>                        1,318,219
<EQUALIZATION>                                  (9,162)
<DISTRIBUTIONS-OF-INCOME>                     (926,444)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        721,933
<NUMBER-OF-SHARES-REDEEMED>                (30,686,417)
<SHARES-REINVESTED>                            764,091
<NET-CHANGE-IN-ASSETS>                     (28,817,780)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                   (9,006,774)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          123,117
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                346,329
<AVERAGE-NET-ASSETS>                           252,000
<PER-SHARE-NAV-BEGIN>                             9.59
<PER-SHARE-NII>                                   0.22
<PER-SHARE-GAIN-APPREC>                           0.00
<PER-SHARE-DIVIDEND>                             (0.18)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.94
<EXPENSE-RATIO>                                   1.35
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<AVG-DEBT-PER-SHARE>                              0.00
        


</TABLE>







      This report is signed on behalf of the Registrant in the City of New  York
and State of New York on the 30th day of October, 1995.

        Prudential Adjustable Rate Securities Fund, Inc.




Witness:/s/ S. Jane Rose                 By:/s/ Stephen M. Ungerman           S.
Jane Rose                        Stephen M. Ungerman
          Secretary                           Assistant Treasurer






                               1
For the six-month period ended (a) August 31, 1995
File number (c) 811-6615



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



      A  Special Meeting of Shareholders was held on August 15, 1995.   At  such
meeting the shareholders approved the following proposal:


                 To   approve  an  Agreement  and  Plan  of  Reorganization  and
          Liquidation whereby all of the assets of Adjustable Rate Fund will  be
          transferred  to Prudential Government Securities Trust -  Intermediate
          Term   Series  (Intermediate  Series)  in  exchange  for   shares   of
          Intermediate   Series,  and  Intermediate  Series  will   assume   the
          liabilities, if any, of Adjustable Rate Fund.

          Affirmative              Negative
          votes cast               votes cast

          3,082,971                35,181












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