0000067590-18-001117.txt : 20180628 0000067590-18-001117.hdr.sgml : 20180628 20180628140251 ACCESSION NUMBER: 0000067590-18-001117 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180628 DATE AS OF CHANGE: 20180628 EFFECTIVENESS DATE: 20180628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL INVESTMENT PORTFOLIOS 16 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: 18924771 BUSINESS ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 17TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 9738026469 MAIL ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 17TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: TARGET ASSET ALLOCATION FUNDS DATE OF NAME CHANGE: 20061003 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 0001067442 S000004703 PGIM INCOME BUILDER FUND C000012792 Class R PCLRX C000012793 Class A PCGAX C000012794 Class B PBCFX C000012795 Class C PCCFX C000012796 Class Z PDCZX C000176454 Class R6 497 1 ibf497.htm

Prudential Investment Portfolios 16
PGIM Income Builder Fund

 

Supplement dated June 28, 2018

to the Currently Effective Summary Prospectus, Prospectus and Statement of Additional Information (SAI)

 

 

 

Effective immediately, Marc R. Halle will no longer serve as a portfolio manager responsible for the day-to-day management of the Fund segment managed by PGIM Real Estate. Rick J. Romano, CFA, Michael Gallagher, Kwok Wing Cheong, CFA and Daniel Cooney, CFA will continue to serve as portfolio managers for the segment of the Fund managed by PGIM Real Estate.

 

To reflect this change, the Fund’s Summary Prospectus, Prospectus and SAI are hereby revised as follows, effective immediately:

 

I.All references and information pertaining to Marc R. Halle with respect to the Fund are hereby removed.

 

 

 

 

 

 

 

 

LR1072