TARGET PORTFOLIO TRUST
NSAR-B, 1997-03-03
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<PAGE>      PAGE  1
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<PAGE>      PAGE  2
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070 A011000 Y
070 A021000 N
070 B011000 N
070 B021000 N
070 C011000 Y
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 Y
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
<PAGE>      PAGE  37
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 Y
070 K011000 N
070 K021000 N
070 L011000 Y
070 L021000 Y
070 M011000 Y
070 M021000 Y
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 N
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000     83399
071 B001000     74145
071 C001000     32741
071 D001000  226
072 A001000 12
072 B001000     2465
072 C001000        0
072 D001000        0
072 E001000        0
072 F001000      194
072 G001000        0
072 H001000        0
072 I001000       32
072 J001000      191
072 K001000        0
072 L001000       30
072 M001000        4
072 N001000       25
072 O001000        0
072 P001000        0
072 Q001000        0
072 R001000       15
072 S001000       12
072 T001000        0
072 U001000       11
072 V001000        0
072 W001000        5
072 X001000      519
072 Y001000        0
<PAGE>      PAGE  38
072 Z001000     1946
072AA001000     3122
072BB001000     3250
072CC011000        0
072CC021000       35
072DD011000     1734
072DD021000        0
072EE001000        0
073 A011000   0.4521
073 A021000   0.0000
073 B001000   0.0000
073 C001000   0.0000
074 A001000        1
074 B001000     1434
074 C001000     2460
074 D001000    36885
074 E001000        0
074 F001000        0
074 G001000        0
074 H001000        0
074 I001000        0
074 J001000        0
074 K001000        0
074 L001000     1427
074 M001000      234
074 N001000    42441
074 O001000        0
074 P001000       23
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000      638
074 S001000        0
074 T001000    41780
074 U011000     4110
074 U021000        0
074 V011000    10.17
074 V021000     0.00
074 W001000   0.0000
074 X001000     5949
074 Y001000        0
075 A001000        0
075 B001000    38788
076  001000     0.00
SIGNATURE   GRACE TORRES
TITLE       TREASURER


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>



<ARTICLE> 6
<CIK> 0000890339
<NAME> THE TARGET PORTFOLIO TRUST:
<SERIES>
   <NUMBER> 001
   <NAME> TOTAL RETURN BOND PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<INVESTMENTS-AT-COST>                       54,078,662
<INVESTMENTS-AT-VALUE>                      54,487,535
<RECEIVABLES>                                4,309,558
<ASSETS-OTHER>                                 410,632
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                     9,449,647
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      540,283
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    49,209,602
<SHARES-COMMON-STOCK>                        4,786,311
<SHARES-COMMON-PRIOR>                        4,249,004
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                         330,940
<ACCUMULATED-NET-GAINS>                       (670,180)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       347,433
<NET-ASSETS>                                (9,035,315)
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            3,125,856
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 445,592
<NET-INVESTMENT-INCOME>                      2,680,264
<REALIZED-GAINS-CURRENT>                       (27,284)
<APPREC-INCREASE-CURRENT>                     (293,217)
<NET-CHANGE-FROM-OPS>                        2,359,763
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                    (1,230,625)
<DISTRIBUTIONS-OTHER>                       (2,614,993)
<NUMBER-OF-SHARES-SOLD>                     20,202,045
<NUMBER-OF-SHARES-REDEEMED>                (18,219,385)
<SHARES-REINVESTED>                          3,603,260
<NET-CHANGE-IN-ASSETS>                       4,100,065
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      587,729
<OVERDISTRIB-NII-PRIOR>                        265,669
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          212,605
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                445,592
<AVERAGE-NET-ASSETS>                        47,246,000
<PER-SHARE-NAV-BEGIN>                            10.62
<PER-SHARE-NII>                                   0.48
<PER-SHARE-GAIN-APPREC>                           0.00
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                        (0.82)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.28
<EXPENSE-RATIO>                                   0.94
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                              0.00
        













<ARTICLE> 6
<CIK> 0000890339
<NAME> THE TARGET PORTFOLIO TRUST:
<SERIES>
   [NUMBER] 001
   <NAME> INTERNATIONAL BOND PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
[INVESTMENTS-AT-COST]                       39,961,657
[INVESTMENTS-AT-VALUE]                      40,779,210
[RECEIVABLES]                                1,279,036
[ASSETS-OTHER]                                 382,188
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                       0
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      660,734
[TOTAL-LIABILITIES]                                  0
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    41,280,703
[SHARES-COMMON-STOCK]                        4,109,948
[SHARES-COMMON-PRIOR]                        3,401,401
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                        (862,643)
[ACCUMULATED-NET-GAINS]                        922,057
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                       439,583
[NET-ASSETS]                                (7,511,349)
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            2,465,375
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 518,778
[NET-INVESTMENT-INCOME]                      1,946,597
[REALIZED-GAINS-CURRENT]                      (128,465)
[APPREC-INCREASE-CURRENT]                      (34,527)
[NET-CHANGE-FROM-OPS]                        1,783,605
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                       (1,734,080)
[NUMBER-OF-SHARES-SOLD]                     18,342,835
[NUMBER-OF-SHARES-REDEEMED]                (12,977,726)
[SHARES-REINVESTED]                          1,705,126
[NET-CHANGE-IN-ASSETS]                       7,119,760
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                       79,160
[OVERDISTRIB-NII-PRIOR]                       (103,798)
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          193,939
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                518,778
[AVERAGE-NET-ASSETS]                        38,788,000
[PER-SHARE-NAV-BEGIN]                            10.19
[PER-SHARE-NII]                                   0.43
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.45)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              10.17
[EXPENSE-RATIO]                                   1.34
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        











<ARTICLE> 6
<CIK> 0000890339
<NAME> THE TARGET PORTFOLIO TRUST:
<SERIES>
   [NUMBER] 001
   <NAME> INTERNATIONAL EQUITY PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
[INVESTMENTS-AT-COST]                      206,081,228
[INVESTMENTS-AT-VALUE]                     242,636,690
[RECEIVABLES]                                1,935,768
[ASSETS-OTHER]                                  11,780
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                       0
[PAYABLE-FOR-SECURITIES]                       331,620
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    3,689,692
[TOTAL-LIABILITIES]                                  0
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   200,300,337
[SHARES-COMMON-STOCK]                       16,236,488
[SHARES-COMMON-PRIOR]                       14,049,880
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                         405,470
[ACCUMULATED-NET-GAINS]                      3,304,592
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    36,552,527
[NET-ASSETS]                               (30,286,368)
[DIVIDEND-INCOME]                            6,372,612
[INTEREST-INCOME]                              656,640
[OTHER-INCOME]                                (918,206)
[EXPENSES-NET]                               2,197,549
[NET-INVESTMENT-INCOME]                      3,913,497
[REALIZED-GAINS-CURRENT]                    11,814,979
[APPREC-INCREASE-CURRENT]                   16,975,091
[NET-CHANGE-FROM-OPS]                       32,703,567
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                    (9,899,724)
[DISTRIBUTIONS-OTHER]                       (3,405,100)
[NUMBER-OF-SHARES-SOLD]                    354,553,935
[NUMBER-OF-SHARES-REDEEMED]               (338,076,828)
[SHARES-REINVESTED]                         13,089,510
[NET-CHANGE-IN-ASSETS]                      48,965,360
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                    1,389,337
[OVERDISTRIB-NII-PRIOR]                        991,203
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        1,551,382
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              2,197,549
[AVERAGE-NET-ASSETS]                       221,626,000
[PER-SHARE-NAV-BEGIN]                            13.64
[PER-SHARE-NII]                                   2.04
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.86)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              14.82
[EXPENSE-RATIO]                                   0.99
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        











<ARTICLE> 6
<CIK> 0000890339
<NAME> THE TARGET PORTFOLIO TRUST:
<SERIES>
   [NUMBER] 001
   <NAME> INTERMEDIATE-TERM BOND PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
[INVESTMENTS-AT-COST]                      115,332,914
[INVESTMENTS-AT-VALUE]                     115,646,813
[RECEIVABLES]                                1,264,197
[ASSETS-OTHER]                                 415,093
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                       0
[PAYABLE-FOR-SECURITIES]                    16,122,021
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      812,065
[TOTAL-LIABILITIES]                                  0
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   100,231,457
[SHARES-COMMON-STOCK]                        9,746,047
[SHARES-COMMON-PRIOR]                        7,339,006
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                         223,486
[ACCUMULATED-NET-GAINS]                       (293,958)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                       231,032
[NET-ASSETS]                               (17,085,053)
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            5,247,889
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 596,101
[NET-INVESTMENT-INCOME]                      4,651,788
[REALIZED-GAINS-CURRENT]                        53,044
[APPREC-INCREASE-CURRENT]                     (394,193)
[NET-CHANGE-FROM-OPS]                        4,310,639
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                    (1,051,696)
[DISTRIBUTIONS-OTHER]                       (4,698,998)
[NUMBER-OF-SHARES-SOLD]                     44,780,207
[NUMBER-OF-SHARES-REDEEMED]                (25,580,092)
[SHARES-REINVESTED]                          5,507,246
[NET-CHANGE-IN-ASSETS]                      23,267,306
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                      704,694
[OVERDISTRIB-NII-PRIOR]                        270,696
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          367,755
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                596,101
[AVERAGE-NET-ASSETS]                        81,723,000
[PER-SHARE-NAV-BEGIN]                            10.51
[PER-SHARE-NII]                                   0.52
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.73)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              10.30
[EXPENSE-RATIO]                                   0.73
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        











<ARTICLE> 6
<CIK> 0000890339
<NAME> THE TARGET PORTFOLIO TRUST:
<SERIES>
   [NUMBER] 001
   <NAME> LARGE CAPITIALIZATION GROWTH PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
[INVESTMENTS-AT-COST]                      173,127,566
[INVESTMENTS-AT-VALUE]                     220,372,335
[RECEIVABLES]                                  902,139
[ASSETS-OTHER]                                  12,881
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                       0
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      504,926
[TOTAL-LIABILITIES]                                  0
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   169,699,995
[SHARES-COMMON-STOCK]                       17,023,217
[SHARES-COMMON-PRIOR]                       14,842,911
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                          58,870
[ACCUMULATED-NET-GAINS]                      3,778,795
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    47,244,769
[NET-ASSETS]                               (31,866,128)
[DIVIDEND-INCOME]                            1,566,689
[INTEREST-INCOME]                              497,522
[OTHER-INCOME]                                  (5,259)
[EXPENSES-NET]                               1,668,836
[NET-INVESTMENT-INCOME]                        390,116
[REALIZED-GAINS-CURRENT]                    11,243,006
[APPREC-INCREASE-CURRENT]                   27,653,840
[NET-CHANGE-FROM-OPS]                       39,286,962
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                   (23,349,943)
[DISTRIBUTIONS-OTHER]                         (329,698)
[NUMBER-OF-SHARES-SOLD]                     63,352,161
[NUMBER-OF-SHARES-REDEEMED]                (61,584,086)
[SHARES-REINVESTED]                         23,329,793
[NET-CHANGE-IN-ASSETS]                      40,705,189
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                   15,885,732
[OVERDISTRIB-NII-PRIOR]                        453,260
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        1,216,415
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              1,668,836
[AVERAGE-NET-ASSETS]                       202,736,000
[PER-SHARE-NAV-BEGIN]                            12.13
[PER-SHARE-NII]                                   2.35
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (1.51)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              12.97
[EXPENSE-RATIO]                                   0.82
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        












<ARTICLE> 6
<CIK> 0000890339
<NAME> THE TARGET PORTFOLIO TRUST:
<SERIES>
   [NUMBER] 001
   <NAME> LARGE CAPITIALIZATION VALUE PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
[INVESTMENTS-AT-COST]                      172,900,483
[INVESTMENTS-AT-VALUE]                     226,733,003
[RECEIVABLES]                                1,317,745
[ASSETS-OTHER]                                  76,900
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                       0
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      421,799
[TOTAL-LIABILITIES]                                  0
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   170,293,764
[SHARES-COMMON-STOCK]                       16,298,861
[SHARES-COMMON-PRIOR]                       14,923,940
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      3,579,564
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    53,832,521
[NET-ASSETS]                               (31,222,801)
[DIVIDEND-INCOME]                            6,072,665
[INTEREST-INCOME]                              391,604
[OTHER-INCOME]                                 (52,283)
[EXPENSES-NET]                               1,582,190
[NET-INVESTMENT-INCOME]                      4,829,796
[REALIZED-GAINS-CURRENT]                    11,707,935
[APPREC-INCREASE-CURRENT]                   20,366,798
[NET-CHANGE-FROM-OPS]                       36,904,529
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                    (9,766,690)
[DISTRIBUTIONS-OTHER]                       (5,265,023)
[NUMBER-OF-SHARES-SOLD]                     67,051,579
[NUMBER-OF-SHARES-REDEEMED]                (63,523,667)
[SHARES-REINVESTED]                         14,708,918
[NET-CHANGE-IN-ASSETS]                      40,109,646
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                    1,740,955
[OVERDISTRIB-NII-PRIOR]                      2,023,032
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        1,253,390
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              1,582,190
[AVERAGE-NET-ASSETS]                       208,898,000
[PER-SHARE-NAV-BEGIN]                            12.57
[PER-SHARE-NII]                                   2.24
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.84)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              13.97
[EXPENSE-RATIO]                                   0.77
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        










<ARTICLE> 6
<CIK> 0000890339
<NAME> THE TARGET PORTFOLIO TRUST:
<SERIES>
   [NUMBER] 001
   <NAME> MORTGAGE BACKED SECURITIES PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
[INVESTMENTS-AT-COST]                       72,416,518
[INVESTMENTS-AT-VALUE]                      73,381,974
[RECEIVABLES]                                  705,412
[ASSETS-OTHER]                                   8,769
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                       0
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      229,079
[TOTAL-LIABILITIES]                                  0
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    74,144,473
[SHARES-COMMON-STOCK]                        7,236,318
[SHARES-COMMON-PRIOR]                        6,767,472
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                          23,140
[ACCUMULATED-NET-GAINS]                     (1,281,112)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                       980,575
[NET-ASSETS]                               (14,003,790)
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            5,310,118
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 658,949
[NET-INVESTMENT-INCOME]                      4,651,169
[REALIZED-GAINS-CURRENT]                       327,178
[APPREC-INCREASE-CURRENT]                   (1,105,092)
[NET-CHANGE-FROM-OPS]                        3,873,255
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                       (4,503,951)
[NUMBER-OF-SHARES-SOLD]                     21,388,848
[NUMBER-OF-SHARES-REDEEMED]                (20,491,299)
[SHARES-REINVESTED]                          3,841,153
[NET-CHANGE-IN-ASSETS]                       4,108,006
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                   (1,608,290)
[OVERDISTRIB-NII-PRIOR]                       (124,078)
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          324,962
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                658,949
[AVERAGE-NET-ASSETS]                        72,214,000
[PER-SHARE-NAV-BEGIN]                            10.31
[PER-SHARE-NII]                                   0.53
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.63)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              10.21
[EXPENSE-RATIO]                                   0.91
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        










<ARTICLE> 6
<CIK> 0000890339
<NAME> THE TARGET PORTFOLIO TRUST:
<SERIES>
   [NUMBER] 001
   <NAME> U.S. GOVERNMENT MONEY MARKET PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
[INVESTMENTS-AT-COST]                       22,568,098
[INVESTMENTS-AT-VALUE]                      22,568,098
[RECEIVABLES]                                5,624,054
[ASSETS-OTHER]                                   6,350
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                       0
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      801,146
[TOTAL-LIABILITIES]                                  0
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    27,397,356
[SHARES-COMMON-STOCK]                       27,397,356
[SHARES-COMMON-PRIOR]                       18,854,556
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                             0
[NET-ASSETS]                               (46,251,912)
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            1,030,474
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 170,513
[NET-INVESTMENT-INCOME]                        859,961
[REALIZED-GAINS-CURRENT]                         2,578
[APPREC-INCREASE-CURRENT]                            0
[NET-CHANGE-FROM-OPS]                          862,539
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                         (862,539)
[NUMBER-OF-SHARES-SOLD]                    339,835,083
[NUMBER-OF-SHARES-REDEEMED]               (332,068,470)
[SHARES-REINVESTED]                            776,187
[NET-CHANGE-IN-ASSETS]                       8,542,800
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                           47,830
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                170,513
[AVERAGE-NET-ASSETS]                        19,132,000
[PER-SHARE-NAV-BEGIN]                             1.00
[PER-SHARE-NII]                                   0.05
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.05)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                               1.00
[EXPENSE-RATIO]                                   0.89
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        










<ARTICLE> 6
<CIK> 0000890339
<NAME> THE TARGET PORTFOLIO TRUST:
<SERIES>
   [NUMBER] 001
   <NAME> SMALL CAPITIALIZATION GROWTH PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
[INVESTMENTS-AT-COST]                      116,646,989
[INVESTMENTS-AT-VALUE]                     144,538,831
[RECEIVABLES]                                1,817,619
[ASSETS-OTHER]                               1,505,443
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                       0
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      392,618
[TOTAL-LIABILITIES]                                  0
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   117,205,440
[SHARES-COMMON-STOCK]                        9,879,416
[SHARES-COMMON-PRIOR]                        8,586,273
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                          (1,302)
[ACCUMULATED-NET-GAINS]                      2,373,295
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    27,891,842
[NET-ASSETS]                               (18,465,689)
[DIVIDEND-INCOME]                              448,654
[INTEREST-INCOME]                              368,489
[OTHER-INCOME]                                  (4,156)
[EXPENSES-NET]                               1,258,743
[NET-INVESTMENT-INCOME]                       (445,756)
[REALIZED-GAINS-CURRENT]                    16,882,644
[APPREC-INCREASE-CURRENT]                    6,803,397
[NET-CHANGE-FROM-OPS]                       23,240,285
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                   (16,337,409)
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     52,292,568
[NUMBER-OF-SHARES-REDEEMED]                (49,348,968)
[SHARES-REINVESTED]                         16,090,077
[NET-CHANGE-IN-ASSETS]                      25,936,553
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                    1,821,234
[OVERDISTRIB-NII-PRIOR]                        103,545
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          848,974
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              1,258,743
[AVERAGE-NET-ASSETS]                       141,496,000
[PER-SHARE-NAV-BEGIN]                            14.15
[PER-SHARE-NII]                                   2.61
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (1.83)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              14.93
[EXPENSE-RATIO]                                   0.89
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        










<ARTICLE> 6
<CIK> 0000890339
<NAME> THE TARGET PORTFOLIO TRUST:
<SERIES>
   [NUMBER] 001
   <NAME> SMALL CAPITIALIZATION VALUE PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
[INVESTMENTS-AT-COST]                      104,449,585
[INVESTMENTS-AT-VALUE]                     125,405,856
[RECEIVABLES]                                1,527,375
[ASSETS-OTHER]                                 246,971
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                       0
[PAYABLE-FOR-SECURITIES]                       173,431
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      334,868
[TOTAL-LIABILITIES]                                  0
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   103,379,582
[SHARES-COMMON-STOCK]                        8,322,158
[SHARES-COMMON-PRIOR]                        7,469,911
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                           8,398
[ACCUMULATED-NET-GAINS]                      2,327,652
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    20,956,271
[NET-ASSETS]                               (15,792,069)
[DIVIDEND-INCOME]                            1,667,319
[INTEREST-INCOME]                              194,619
[OTHER-INCOME]                                  (1,045)
[EXPENSES-NET]                               1,013,321
[NET-INVESTMENT-INCOME]                        847,572
[REALIZED-GAINS-CURRENT]                    10,384,665
[APPREC-INCREASE-CURRENT]                   11,237,645
[NET-CHANGE-FROM-OPS]                       22,469,882
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                    (4,467,642)
[DISTRIBUTIONS-OTHER]                         (837,683)
[NUMBER-OF-SHARES-SOLD]                     44,712,582
[NUMBER-OF-SHARES-REDEEMED]                (38,007,600)
[SHARES-REINVESTED]                          5,207,885
[NET-CHANGE-IN-ASSETS]                      29,077,424
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                   (3,589,371)
[OVERDISTRIB-NII-PRIOR]                         23,851
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          663,383
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              1,013,321
[AVERAGE-NET-ASSETS]                       110,564,000
[PER-SHARE-NAV-BEGIN]                            13.07
[PER-SHARE-NII]                                   2.82
[PER-SHARE-GAIN-APPREC]                           0.00
[PER-SHARE-DIVIDEND]                              0.00
[PER-SHARE-DISTRIBUTIONS]                        (0.67)
[RETURNS-OF-CAPITAL]                              0.00
[PER-SHARE-NAV-END]                              15.22
[EXPENSE-RATIO]                                   0.77
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                              0.00
        



</TABLE>

                                       This page being filed
                                                for series 9

For the fiscal period ended (a) 12/31/96
File number (c)811-7064


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


     A  special  Meeting of Shareholders was held on  August
28,  1996.   At  such meeting the shareholders approved  the
following proposals:

      1)  Approval   that  Eugene  C.  Dorsey,  Douglas   H.
          McCorkindale,  Thomas  T. Mooney  and  Richard  A.
          Redeker  are duly elected to serve as Trustees  of
          the  Trust until the earlier to occur of  (I)  the
          next meeting of Shareholders at which Trustees are
          elected and until his or her successor shall  have
          been duly elected and shall have qualified or (ii)
          their  terms expire in accordance with the Trust's
          retirement policy.

                         Affirmative               Negative
                         Votes   Cast                  Votes
Cast
                    
     Eugene        C.        Dorsey               10,517,621
0
     Douglas        H.        McCorkindale        10,527,603
0
     Thomas        T.        Mooney               10,527,603
0
     Richard        A.        Redeker             10,522,246
0

     2.)  To permit Prudential Mutual Fund Management LLC to
          enter into or make material changes to subadvisory
          agreements without shareholder approval

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              7,359,356              402,081

     4.)  To  ratify the selection of Deloitte & Touche  LLP
          as  the  Trust's independent accountants  for  the
          fiscal year ended December 31, 1996.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              10,472,304
154,121

     5.)  To  transact  such other business as may  properly
          come  before  the  meeting  and  any  adjournments
          thereof.









                                       This page being filed
                                                for series 7

For the fiscal period ended (a) 12/31/96
File number (c)811-7064


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


     A  special  Meeting of Shareholders was held on  August
28,  1996.   At  such meeting the shareholders approved  the
following proposals:

      1)  Approval   that  Eugene  C.  Dorsey,  Douglas   H.
          McCorkindale,  Thomas  T. Mooney  and  Richard  A.
          Redeker  are duly elected to serve as Trustees  of
          the  Trust until the earlier to occur of  (I)  the
          next meeting of Shareholders at which Trustees are
          elected and until his or her successor shall  have
          been duly elected and shall have qualified or (ii)
          their  terms expire in accordance with the Trust's
          retirement policy.

                         Affirmative               Negative
                         Votes   Cast                  Votes
Cast
                    
     Eugene C. Dorsey         3,928,137                0
     Douglas H. McCorkindale  3,924,714                0
     Thomas T. Mooney         3,919,978                0
     Richard A. Redeker       3,922,976                0

     2.)  To permit Prudential Mutual Fund Management LLC to
          enter into or make material changes to subadvisory
          agreements without shareholder approval

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              3,168,077              227,016

     4.)  To  ratify the selection of Deloitte & Touche  LLP
          as  the  Trust's independent accountants  for  the
          fiscal year ended December 31, 1996.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              3,869,512            55,635

     5.)  To  transact  such other business as may  properly
          come  before  the  meeting  and  any  adjournments
          thereof.

                                       This page being filed
                                               for series 10

For the fiscal period ended (a) 12/31/96
File number (c)811-7064


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


     A  special  Meeting of Shareholders was held on  August
28,  1996.   At  such meeting the shareholders approved  the
following proposals:

      1)  Approval   that  Eugene  C.  Dorsey,  Douglas   H.
          McCorkindale,  Thomas  T. Mooney  and  Richard  A.
          Redeker  are duly elected to serve as Trustees  of
          the  Trust until the earlier to occur of  (I)  the
          next meeting of Shareholders at which Trustees are
          elected and until his or her successor shall  have
          been duly elected and shall have qualified or (ii)
          their  terms expire in accordance with the Trust's
          retirement policy.

                         Affirmative               Negative
                         Votes   Cast                  Votes
Cast
                    
     Eugene C. Dorsey         1,957,025                0
     Douglas H. McCorkindale  1,955,979                0
     Thomas T. Mooney         1,954,422                0
     Richard A. Redeker       1,958,504                0

     2.)  To permit Prudential Mutual Fund Management LLC to
          enter into or make material changes to subadvisory
          agreements without shareholder approval

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              1,562,468              91,537
     4.)  To  ratify the selection of Deloitte & Touche  LLP
          as  the  Trust's independent accountants  for  the
          fiscal year ended December 31, 1996.
                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              1,928,051               19,573

     5.)  To  transact  such other business as may  properly
          come  before  the  meeting  and  any  adjournments
          thereof.

                                       This page being filed
                                                for series 5

For the fiscal period ended (a) 12/31/96
File number (c) 811-7064


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


     A  special  Meeting of Shareholders was held on  August
28,  1996.   At  such meeting the shareholders approved  the
following proposals:

      1)  Approval   that  Eugene  C.  Dorsey,  Douglas   H.
          McCorkindale,  Thomas  T. Mooney  and  Richard  A.
          Redeker  are duly elected to serve as Trustees  of
          the  Trust until the earlier to occur of  (I)  the
          next meeting of Shareholders at which Trustees are
          elected and until his or her successor shall  have
          been duly elected and shall have qualified or (ii)
          their  terms expire in accordance with the Trust's
          retirement policy.

                         Affirmative               Negative
                         Votes   Cast                  Votes
Cast
                    
     Eugene C. Dorsey         7,518,180                0
     Douglas H. McCorkindale  7,517,638                0
     Thomas T. Mooney         7,511,818                0
     Richard A. Redeker       7,525,357                0

     2.)  To permit Prudential Mutual Fund Management LLC to
          enter into or make material changes to subadvisory
          agreements without shareholder approval

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              5,603,888              536,288
     4.)  To  ratify the selection of Deloitte & Touche  LLP
          as  the  Trust's independent accountants  for  the
          fiscal year ended December 31, 1996.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              7,439,362             322,099

     5.)  To  transact  such other business as may  properly
          come  before  the  meeting  and  any  adjournments
          thereof.

                                       This page being filed
                                                for series 1

For the fiscal period ended (a)12/31/96
File number (c)811-7064


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


     A  special  Meeting of Shareholders was held on  August
28, 1996.  At such meeting the shareholders approved the the
following proposals:

      1)  Approval   that  Eugene  C.  Dorsey,  Douglas   H.
          McCorkindale,  Thomas  T. Mooney  and  Richard  A.
          Redeker  are duly elected to serve as Trustees  of
          the  Trust until the earlier to occur of  (i)  the
          next meeting of Shareholders at which Trustees are
          elected and until his or her successor shall  have
          been duly elected and shall have qualified or (ii)
          their  terms expire in accordance with the Trust's
          retirement policy.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                    
     Eugene        C.        Dorsey                8,224,387
0
     Douglas        H.        McCorkindale         8,223,439
0
     Thomas        T.        Mooney                8,217,778
0
     Richard        A.        Redeker              8,226,077
0

     2.)  To permit Prudential Mutual Fund Management LLC to
          enter into or make material changes to subadvisory
          agreements without sharehlder approval

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              8,030,583
557,258
     4.)  To  ratify the selection of Deloitte & Touche  LLP
          as  the  Trust's independent accountants  for  the
          fiscal year ended December 31, 1996.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              8,091,107
316,164


     5.)  To  transact  such other business as may  properly
          come  before  the  meeting  and  any  adjournments
          thereof.

                                       This page being filed
                                                for series 2

For the fiscal period ended(a)12/31/96
File number (c)811-7064


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


     A  special  Meeting of Shareholders was held on  August
28, 1996.  At such meeting the shareholders approved the the
following proposals:

      1)  Approval   that  Eugene  C.  Dorsey,  Douglas   H.
          McCorkindale,  Thomas  T. Mooney  and  Richard  A.
          Redeker  are duly elected to serve as Trustees  of
          the  Trust until the earlier to occur of  (i)  the
          next meeting of Shareholders at which Trustees are
          elected and until his or her successor shall  have
          been duly elected and shall have qualified or (ii)
          their  terms expire in accordance with the Trust's
          retirement policy.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                    
     Eugene        C.        Dorsey                7,600,782
0
     Douglas        H.        McCorkindale         7,599,948
0
     Thomas        T.        Mooney                7,594,592
0
     Richard        A.        Redeker              7,602,097
0

     2.)  To permit Prudential Mutual Fund Management LLC to
          enter into or make material changes to subadvisory
          agreements without sharehlder approval

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              5,624,885
523,939

     3.)  To  approve  a  new subadvisory agreement  between
          Prudential Mutual Fund Management LLC and  Hotchis
          and Wiley, L.P., a California limited partnership

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              6,013,240
138,833
     4.)  To  ratify the selection of Deloitte & Touche  LLP
          as  the  Trust's independent accountants  for  the
          fiscal year ended December 31, 1996.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              7,503,024
67,099

     5.)  To  transact  such other business as may  properly
          come  before  the  meeting  and  any  adjournments
          thereof.


                                       This page being filed
                                                for series 8

For the fiscal period ended (a) 12/31/96
File number (c)811-7064


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


     A  special  Meeting of Shareholders was held on  August
28,  1996.   At  such meeting the shareholders approved  the
following proposals:

      1)  Approval   that  Eugene  C.  Dorsey,  Douglas   H.
          McCorkindale,  Thomas  T. Mooney  and  Richard  A.
          Redeker  are duly elected to serve as Trustees  of
          the  Trust until the earlier to occur of  (I)  the
          next meeting of Shareholders at which Trustees are
          elected and until his or her successor shall  have
          been duly elected and shall have qualified or (ii)
          their  terms expire in accordance with the Trust's
          retirement policy.

                         Affirmative               Negative
                         Votes   Cast                  Votes
Cast
                    
     Eugene C. Dorsey         3,739,976                0
     Douglas H. McCorkindale  3,739,063                0
     Thomas T. Mooney         3,737,274                0
     Richard A. Redeker       3,738,811                0

     2.)  To permit Prudential Mutual Fund Management LLC to
          enter into or make material changes to subadvisory
          agreements without shareholder approval

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              2,588,811              195,751

     4.)  To  ratify the selection of Deloitte & Touche  LLP
          as  the  Trust's independent accountants  for  the
          fiscal year ended December 31, 1996.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              3,695,435              34,932

     5.)  To  transact  such other business as may  properly
          come  before  the  meeting  and  any  adjournments
          thereof.

                                       This page being filed
                                                for series 4

For the fiscal period ended (a)12/31/96
File number (c)811-7064


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


     A  special  Meeting of Shareholders was held on  August
28, 1996.  At such meeting the shareholders approved the the
following proposals:

      1)  Approval   that  Eugene  C.  Dorsey,  Douglas   H.
          McCorkindale,  Thomas  T. Mooney  and  Richard  A.
          Redeker  are duly elected to serve as Trustees  of
          the  Trust until the earlier to occur of  (i)  the
          next meeting of Shareholders at which Trustees are
          elected and until his or her successor shall  have
          been duly elected and shall have qualified or (ii)
          their  terms expire in accordance with the Trust's
          retirement policy.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                    
     Eugene        C.        Dorsey                3,683,588
0
     Douglas        H.        McCorkindale         3,884,333
0
     Thomas        T.        Mooney                3,881,525
0
     Richard        A.        Redeker              3,885,563
0

     2.)  To permit Prudential Mutual Fund Management LLC to
          enter into or make material changes to subadvisory
          agreements without sharehlder approval

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              2,798,401
267,812

     4.)  To  ratify the selection of Deloitte & Touche  LLP
          as  the  Trust's independent accountants  for  the
          fiscal year ended December 31, 1996.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              3,537,129
50,843


     5.)  To  transact  such other business as may  properly
          come  before  the  meeting  and  any  adjournments
          thereof.




                                       This page being filed
                                                for series 3

For the fiscal period ended (a)12/31/96
File number (c)811-7064


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


     A special Meeting of Shareholders was held on August
28, 1996.  At such meeting the shareholders approved the the
following proposals:

      1)  Approval that Eugene C. Dorsey, Douglas H.
          McCorkindale, Thomas T. Mooney and Richard A.
          Redeker are duly elected to serve as Trustees of
          the Trust until the earlier to occur of (i) the
          next meeting of Shareholders at which Trustees are
          elected and until his or her successor shall have
          been duly elected and shall have qualified or (ii)
          their terms expire in accordance with the Trust's
          retirement policy.

                              Affirmative
Negative
                              Votes Cast               Votes
Cast
                    
     Eugene C. Dorsey         4,475,508
0
     Douglas H. McCorkindale  4,472,205
0
     Thomas T. Mooney         4,470,219
0
     Richard A. Redeker       4,475,481
0

     2.)  To permit Prudential Mutual Fund Management LLC to
          enter into or make material changes to subadvisory
          agreements without sharehlder approval

                         Affirmative               Negative
                         Votes Cast                Votes
Cast
                         3,267,569                315,025


     4.)  To ratify the selection of Deloitte & Touche LLP
          as the Trust's independent accountants for the
          fiscal year ended December 31, 1996.

                              Affirmative          Negative
                              Votes Cast           Votes
Cast
                              4,420,174
185,129

     5.)  To transact such other business as may properly
          come before the meeting and any adjournments
          thereof.


                                       This page being filed
                                                for series 6

For the fiscal period ended (a) 12/31/96
File number (c) 811-7064


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


     A  special  Meeting of Shareholders was held on  August
28,  1996.   At  such meeting the shareholders approved  the
following proposals:

      1)  Approval   that  Eugene  C.  Dorsey,  Douglas   H.
          McCorkindale,  Thomas  T. Mooney  and  Richard  A.
          Redeker  are duly elected to serve as Trustees  of
          the  Trust until the earlier to occur of  (I)  the
          next meeting of Shareholders at which Trustees are
          elected and until his or her successor shall  have
          been duly elected and shall have qualified or (ii)
          their  terms expire in accordance with the Trust's
          retirement policy.

                         Affirmative               Negative
                         Votes   Cast                  Votes
Cast
                    
     Eugene C. Dorsey         2,263,386                0
     Douglas H. McCorkindale  2,264,433                0
     Thomas T. Mooney         2,261,959                0
     Richard A. Redeker       2,262,823                0

     2.)  To permit Prudential Mutual Fund Management LLC to
          enter into or make material changes to subadvisory
          agreements without shareholder approval

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              1,648,880              113,566
     4.)  To  ratify the selection of Deloitte & Touche  LLP
          as  the  Trust's independent accountants  for  the
          fiscal year ended December 31, 1996.

                              Affirmative
Negative
                              Votes                     Cast
Votes Cast
                              2,233,216             81,626

     5.)  To  transact  such other business as may  properly
          come  before  the  meeting  and  any  adjournments
          thereof.





For fiscal year ended (a) December 31, 1993
File number (c) 811-2896


                          SUB-ITEM 77J


 Revaluation of Assets or Restatement of Capital Share Account

     The Target Portfolio Trust accounts for and reports for
distributions  to  shareholders  in  accordance  with  AICPA
Statement  of Position 93-2: Determination, Disclosure,  and
Financial  Statement Presentation of Income,  Capital  Gain,
and Return of Capital Distributions by Investment Companies.
The  effect of applying  this Statement of Position, on  the
International    Equity   Portfolio,   International    Bond
Portfolio,  Total  Return Bond Portfolio, and  Intermediate-
Term   Bond   Portfolio   was  to   reclassify   $(302,524),
$(971,632),  $(50,758),  $(141,496)  respectively,  of   net
foreign  currency  losses  to undistributed  net  investment
income  from  accumulated  net  realized  gains(losses).  In
addition,  the  Large Capitalization Growth Portfolio  Total
Return  Bond  Portfolio reclassified $227,589  and  $47,955,
respectively of overdistributed income to paid-in capital in
excess  of  par from overdistributed net investment  income.
Lastly,    the   Small   Capitalization   Growth   Portfolio
reclassified  $439,497 of net operating  losses  to  paid-in
capital in excess of par from overdistributed net investment
income.  Current  year net investment income,  net  realized
gains(losses)  and  net assets were  not  affected  by  this
statement.


















PRINT ON COMPAQ
The Trustees of
 The Target Portfolio Trust:
 
In planning and performing our audits of the financial statements
of The Target Portfolio Trust, ("Trust") for the year ended
December 31, 1996, we considered its internal control structure,
including procedures for safeguarding securities, in order to
determine our auditing procedures for the purpose of expressing our
opinion on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on the
internal control structure.

The management of the Trust 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 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 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 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 December 31, 1996.

This report is intended solely for the information and use of the
Trustees, management and the Securities and Exchange Commission.


Deloitte & Touche LLP
New York, New York
February 21, 1997



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