-----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, MyXEq4Fczx/mwCc/f0gI9iKk31W8ksA6vBQqjsfZRgVScE05dw5LDAdnARD/G9pC yNT5kp6OFDt//dPf1uLbEw== 0000067590-06-000232.txt : 20061205 0000067590-06-000232.hdr.sgml : 20061205 20061205153741 ACCESSION NUMBER: 0000067590-06-000232 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20061205 DATE AS OF CHANGE: 20061205 EFFECTIVENESS DATE: 20061205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TARGET 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: 061257316 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: STRATEGIC PARTNERS ASSET ALLOCATION FUNDS DATE OF NAME CHANGE: 20010906 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 S000004705 TARGET 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 taagrowthalloc120506.htm 497

Target Asset Allocation Funds

Target Growth Allocation Fund

Supplement dated December 5, 2006 to the Prospectus dated October 2, 2006

In the Prospectus, in the section titled “RISK/RETURN SUMMARY –INVESTMENT OBJECTIVES AND PRINCIPAL STRATEGIES-GROWTH ALLOCATION FUND” the table at the top of page 11 titled “GROWTH ALLOCATION FUND” is replaced with the following table:

Growth Allocation Fund
Subadviser	Allocation	Asset Class	Primary Investment Type/Style
Marsico GSAM	33%	Equities	Growth-oriented, focusing on large-cap stocks
Hotchkis & Wiley JPMorgan NFJ	33%	Equities	Value-oriented, focusing on large-cap stocks
RS Investments	4%	Equities	Growth-oriented, focusing on small-cap stocks
EARNEST Vaughan Nelson	4%	Equities	Value-oriented, focusing on small-cap stocks
LSV Thornburg	26%	International Equities	Stocks of foreign companies

LR0092

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