0000067590-13-000151.txt : 20130312 0000067590-13-000151.hdr.sgml : 20130312 20130312152811 ACCESSION NUMBER: 0000067590-13-000151 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130312 DATE AS OF CHANGE: 20130312 EFFECTIVENESS DATE: 20130312 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: 13683905 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 C000012791 Class X C000012792 Class R PCLRX C000012793 Class A PCGAX C000012794 Class B PBCFX C000012795 Class C PCCFX C000012796 Class Z PDCZX 497 1 conservative_497.htm

TARGET ASSET ALLOCATION FUNDS
Target Conservative Allocation Fund

Supplement dated March 12, 2013 to the
Summary Prospectus, Prospectus and Statement of Additional Information
each dated September 28, 2012

 

On March 7, 2013, the Board of Trustees of the Target Asset Allocation Funds (the “Trust”) approved, effective on or about April 11, 2013 (the “transition date”), that Marsico Capital Management, LLC (“Marsico”) will no longer serve as a subadviser for Target Conservative Allocation Fund (the “Fund”). Currently, Massachusetts Financial Services Company (“MFS”) is the Fund’s other subadviser for the portion of the Fund’s assets that are allocated to equities (asset class) and growth-oriented, focusing on large-cap stocks (primary investment type/style). MFS is expected to continue to be subadviser for such portion of the Funds’ assets. Allocation of assets between or among subadvisers is subject to change in the sole discretion of the Manager.

 

All references in the Trust’s Prospectus, Summary Prospectus and SAI to Marsico are deleted as of the transition date.

 

 

 

 

 

 

 

 

 

 

 

 

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