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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000355348-05-000136.txt : 20050415
<SEC-HEADER>0000355348-05-000136.hdr.sgml : 20050415
<ACCEPTANCE-DATETIME>20050415134827
ACCESSION NUMBER:		0000355348-05-000136
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20050415
DATE AS OF CHANGE:		20050415
EFFECTIVENESS DATE:		20050415

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:		05753136

	BUSINESS ADDRESS:	
		STREET 1:		GATEWAY CENTER THREE
		STREET 2:		100 MULBERRY STREET
		CITY:			NEWARK
		STATE:			NJ
		ZIP:			07102
		BUSINESS PHONE:		9733671495

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>spaa0405.txt
<DESCRIPTION>497
<TEXT>
STRATEGIC PARTNERS ASSET ALLOCATION FUNDS

Supplement dated April 15, 2005
             to
Prospectus dated October 1, 2004
___________________________________________________________________

As indicated in the Supplement dated March 18, 2005, the Funds'
manager, Prudential Investments LLC (the "Manager") had intended
to replace Jennison Associates LLC as the sub-adviser to the
large-capitalization growth equity sleeves of each of Strategic
Partners Conservative Allocation Fund, Strategic Partners Moderate
Allocation Fund, and Strategic Partners Growth Allocation Fund
(the "Funds") with Transamerica Asset Management LLC and Goldman
Sachs Asset Management LP on or about March 31, 2005.

As of April 13, 2005, the Manager has determined not to proceed with
this change of sub-advisers.  Shareholders will be notified when a
change of sub-advisers will occur once such determination has been
made by the Manager.  All changes of sub-advisers are subject to
approval by the Board of Trustees of the Funds.


MFSP504C5
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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