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Prudential Mutual Funds
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Prudential Index Series Fund
SUPPLEMENT TO PROSPECTUS DATED NOVEMBER 30, 1998
Shareholder Guide
The section entitled 'Shareholder Guide--How to Buy Shares of a Fund' is
amended as follows:
The first two paragraphs under 'Eligible Purchasers' are amended to read in
their entirety as follows:
Benefit Plans. Certain group retirement plans may purchase Class Z shares
or Class I shares if they meet the required minimum for amount of assets,
average account balance or number of eligible employees. For more
information about these requirements, call Prudential at (800) 353-2847.
Mutual Fund Programs. Class Z shares can also be purchased by participants
in any fee-based program or trust program sponsored by Prudential or an
affiliate that includes the Funds as an available option. Class Z shares
can also be purchased by investors in certain programs sponsored by
broker-dealers, investment advisers and financial planners who have
agreements with Prudential Investments Advisory Group relating to:
- Mutual fund 'wrap' or asset allocation programs, where the sponsor
places Fund trades, links its clients' accounts to a master account in
the sponsor's name and charges its clients a management, consulting or
other fee for its services; or
- Mutual fund 'supermarket' programs, where the sponsor links its clients'
accounts to a master account in the sponsor's name and the sponsor
charges a fee for its services.
MF177C2
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Other Types of Investors. Class Z shares can also be purchased by any of
the following:
- Investors who purchase $1 million or more of shares (or who already
own $1 million of shares of other Prudential mutual funds);
- Certain participants in the MEDLEY Program (group variable annuity
contracts) sponsored by Prudential for whom Class Z shares of the
Prudential mutual funds are an available option;
- Current and former Directors/Trustees of the Prudential mutual funds
(including the Fund); and
- Prudential, with an investment of $10 million or more.
The sections entitled 'Eligible Purchasers--Benefit Plans,' '--Prudential
Retirement Programs,' '--PruArray Association Benefit Plans,' and '--PruArray
Savings Program' are deleted.
The date of this Supplement is July 23, 1999.
