-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HTCRyGasdcTkAlFCp/UmDuqo4jkxr5oI20tYAvY8DAJtfHwidpiRAw0U30Zydmd9 NmsolbrEDs0pZEfhgaZP0w== 0000067590-06-000089.txt : 20060628 0000067590-06-000089.hdr.sgml : 20060628 20060628164930 ACCESSION NUMBER: 0000067590-06-000089 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060628 DATE AS OF CHANGE: 20060628 EFFECTIVENESS DATE: 20060628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRATEGIC PARTNERS ASSET ALLOCATION FUNDS CENTRAL INDEX KEY: 0001067442 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-60561 FILM NUMBER: 06930515 BUSINESS ADDRESS: STREET 1: GATEWAY CENTER THREE, 4TH FLOOR STREET 2: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 9738026469 MAIL ADDRESS: STREET 1: GATEWAY CENTER THREE, 4TH FLOOR STREET 2: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL DIVERSIFIED FUNDS DATE OF NAME CHANGE: 19980930 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL DIVERSIFIED SERIES DATE OF NAME CHANGE: 19980803 0001067442 S000004703 STRATEGIC PARTNERS CONSERVATIVE ALLOCATION FUND C000012790 Class M C000012791 Class X C000012792 Class R PCLRX C000012793 Class A PCGAX C000012794 Class B PBCFX C000012795 Class C PCCFX C000012796 Class Z PDCZX 0001067442 S000004704 STRATEGIC PARTNERS MODERATE ALLOCATION FUND C000012797 Class M C000012798 Class X C000012799 Class R SPMRX C000012800 Class A PAMGX C000012801 Class B DMGBX C000012802 Class C PIMGX C000012803 Class Z PDMZX 0001067442 S000004705 STRATEGIC PARTNERS GROWTH ALLOCATION FUND C000012804 Class M C000012805 Class X C000012806 Class R PGARX C000012807 Class A PHGAX C000012808 Class B PIHGX C000012809 Class C PHGCX C000012810 Class Z PDHZX 497 1 spaamarsicofeechg062806.htm 497

STRATEGIC PARTNERS ASSET ALLOCATION FUNDS

 

Strategic Partners Conservative Allocation Fund

Strategic Partners Moderate Allocation Fund

Strategic Partners Growth Allocation Fund

(the Funds)

 

Supplement dated June 28, 2006 to

Prospectus and Statement of Additional Information (SAI )

dated September 30, 2005

 

 

I. The section of the SAI entitled “Investment Advisory and Other Services—Managers and Advisers” is hereby revised by deleting the existing contractual subadvisory fee rates set out for Marsico Capital Management LLC (“Marsico”) with respect to each of the Funds and substituting the following:

 

 

0.40% of aggregate assets up to $1.5 billion;

 

0.35% of aggregate assets over $1.5 billion*

 

 

*

For purposes of fee calculation, the assets of the following portfolios and funds subadvised by Marsico and managed or co-managed by Prudential Investments LLC and/or American Skandia Investment Services, Inc. will be aggregated:

 

 

(i)

American Skandia Trust AST Marsico Capital Growth Portfolio;

 

(ii)

Strategic Partners Mutual Funds, Inc. – Strategic Partners Capital Growth Fund;

 

(iii)

Strategic Partners Asset Allocation Funds – Strategic Partners Conservative Allocation Fund;

 

(iv)

Strategic Partners Asset Allocation Funds – Strategic Partners Moderate Allocation Fund;

 

(v)

Strategic Partners Asset Allocation Funds – Strategic Partners Growth Allocation Fund;

 

(vi)

The Target Portfolio Trust – Large Capitalization Growth Portfolio

 

(vii)

The Prudential Series Fund – Global Portfolio;

 

(viii)

American Skandia Trust AST Advanced Strategies Portfolio; and

 

(ix)

Future large cap growth accounts for which Marsico may provide substantially similar advisory or sub-advisory services and which Marsico, Prudential Investments LLC and/or American Skandia Investment Services, Inc. (as applicable) mutually agree in writing may be included in determining the level of average daily net assets.

 

II. With respect to the Moderate Allocation Fund and the Growth Allocation Fund, effective on or about July 1, 2006, the contractual subadvisory fee payable to Thornburg Investment Management, Inc. (“Thornburg”) under the subadvisory agreement between Thornburg and Prudential Investments LLC will change. The section of the SAI entitled “Investment Advisory and Other Services—Managers and Advisers” is hereby revised by deleting the existing contractual subadvisory fee rates set out for Thornburg with respect to the Moderate Allocation Fund and the Growth Allocation Fund and substituting the following new contractual subadvisory fee rates:

 

 

 

 

 

0.35% on aggregate assets up to $100 million;

0.30% on aggregate assets over $100 million*

 

 

*

For purposes of the fee calculation, the assets managed by

Thornburg in the Funds will be aggregated with the assets managed by Thornburg in the following funds and portfolios:

 

 

(i)

Prudential World Fund, Inc. – Strategic Partners International Value Fund;

 

(ii)

American Skandia Trust – AST LSV International Value Portfolio;

 

(iii)

The Prudential Series Fund – SP LSV International Value Portfolio; and

 

(iv)

The Target Portfolio Trust – International Equity Portfolio.

 

*         **

 

These changes in subadvisory fees have no effect on advisory fee rates payable by any of the Funds.

 

 

 

 

LR0054

 

 

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