-----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, Qg+ZbTs4h3pV3NjMc9tUkY+DtPhfcQElC9/fGQsxnoPF4l/jS3sK7uXSxpngKfbu 21HIpGOKzbTTpwhW7U7fyA== 0000067590-09-000750.txt : 20091216 0000067590-09-000750.hdr.sgml : 20091216 20091216113113 ACCESSION NUMBER: 0000067590-09-000750 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20091216 DATE AS OF CHANGE: 20091216 EFFECTIVENESS DATE: 20091216 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: 091243615 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 S000004703 TARGET 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 TARGET 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 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 taaftaxchange121509.htm TAAF STAT TAX LANGUAGE taaftaxchange121509.htm
TARGET ASSET ALLOCATION FUNDS
Target Conservative Allocation Fund
Target Moderate Allocation Fund
Target Growth Allocation Fund

Supplement dated December 16, 2009 to the Prospectus dated October 1, 2009
 

I.           The Summary/Tax Information section of the Prospectus for each of the Target Asset Allocation Funds is hereby deleted and replaced with the following:

Dividends, Capital Gains and Taxes. The Fund's distributions are taxable, and will be taxed as ordinary income or capital gains, unless you are investing through a tax-deferred arrangement, such as a 401(k) plan or an individual retirement account. Such tax-deferred arrangements may be taxed later upon withdrawal of monies from those arrangements.

II.           The chart contained in the  Fund Distributions and Tax Issues/Distributions section of the Prospectus is hereby deleted and replaced with the following:

Fund
Dividends Declared and Paid
Conservative Allocation Fund
dividends of net investment income - annually;
net capital gains – annually
Moderate Allocation Fund
dividends of net investment income - annually;
net capital gains – annually
Growth Allocation Fund
dividends of net investment income - annually;
net capital gains - annually


LR320
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