-----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, VDNiMcHyxLx6Er2aR5XRRiT+PfNFydah4fA/9Uwck7fgoJ17wO1rsWtP00+2xkLE gsfXTQrzy58c/UWzPPpFWA== 0000898733-02-000145.txt : 20020415 0000898733-02-000145.hdr.sgml : 20020415 ACCESSION NUMBER: 0000898733-02-000145 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020322 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRATEGIC PARTNERS ASSET ALLOCATION FUNDS CENTRAL INDEX KEY: 0001067442 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-60561 FILM NUMBER: 02582752 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 497 1 st15461.txt ASSET ALLOCATION FUNDS -- SUPPLEMENT 3/21/02 Strategic Partners Asset Allocation Funds Strategic Partners Opportunity Funds Strategic Partners Style Specific Funds - ------------------------------------------------------------------------------ Supplement dated March 25, 2002 LIMITED OFFER The following information amends the section of each Strategic Partners Fund's Prospectus entitled 'How to Buy, Sell and Exchange Shares of the Fund(s)--Waiving Class C's Initial Sales Charge' and amends the section of each such Fund's Statement of Additional Information (SAI) entitled 'Purchase, Redemption and Pricing of Fund Shares--Waiver of Initial Sales Charge--Class C Shares:' Beginning March 25, 2002, investors may purchase Class C shares of Funds within the Strategic Partners mutual fund family (the Strategic Partners Funds) without paying the initial sales charge. Consequently, you may purchase Class C shares of the Strategic Partners Funds at their next calculated net asset value. This Limited Offer is subject to the following conditions and limitations: This Limited Offer is expected to continue until April 23,2002. However, the Limited Offer period may be shortened or extended at the Funds' discretion. The Limited Offer is open to all investors, except as noted below, but the total amount of Class C shares available to investors under the Limited Offer is subject to allocation limits that are based on the type of selling organization through which the investor purchases shares of the Strategic Partners Funds. Investors should consult their financial professional for additional information. This Limited Offer is not available to investors with accounts maintained, administered or otherwise sponsored by Prudential Retirement Services, wrap accounts, and PruChoice accounts. In addition, the Limited Offer does not apply to Class C shares of a Strategic Partners Fund that are acquired through an exchange from any other Strategic Partners Fund. MFSP2002C1 The following information is added to the section of each Strategic Partners Fund Prospectus entitled 'Risk/Return Summary--Fees and Expenses--Example:' This example will help you compare the cost of investing in Class C shares of the Strategic Partners Funds during the Limited Offer with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in each Strategic Partners Fund's Class C shares for the time periods indicated and then sell all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the operating expenses of the Class C shares of each Strategic Partners Fund available through the Limited Offer remain the same, except for any distribution and service (12b-1) fee waivers and overall expense limitations that may be in effect. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Strategic Partners Fund 1YR* 3 YRS 5 YRS 10 YRS - -------------------------------- ------------ ------ ------ ------ Conservative Growth $350 ($250) $ 770 $1,316 $2,806 Moderate Growth $332 ($232) $ 715 $1,225 $2,626 High Growth $342 ($242) $ 745 $1,275 $2,726 Focused Growth $335 ($235) $ 724 $1,240 $2,656 New Era Growth $342 ($242) $ 745 $1,275 $2,726 Focused Value $317 ($217) $ 670 $1,149 $2,472 Large Capitalization Growth $312 ($212) $ 655 $1,124 $2,421 Large Capitalization Value $338 ($238) $ 783 $1,354 $2,907 Small Capitalization Growth $363 ($263) $ 924 $1,610 $3,437 Small Capitalization Value $373 ($273) $ 942 $1,634 $3,478 International Equity $378 ($278) $1,007 $1,757 $3,733 Total Return Bond $258 ($158) $ 607 $1,083 $2,397 - --------------- * Because Class C shares are subject to a contingent deferred sales charge (CDSC) of 1% on shares sold within 18 months after purchase, the amount in parentheses represents your expenses on the same investment if you do not sell your shares during the first year after purchase. Because no CDSC applies after 18 months, there is no difference in expenses for shares whether or not they are sold after being held for three, five or ten years. The information in this Supplement supersedes any contrary information that may be contained either in the Prospectuses to which this Supplement relates or in the SAIs that correspond to these Funds. The information in this Supplement relates to the following prospectuses and SAIs: Fund Name Date of Prospectus/SAI - ------------------------------------------- ----------------------- Strategic Partners Asset Allocation Funds..... October 1, 2001 Strategic Partners Conservative Growth Fund Strategic Partners Moderate Growth Fund Strategic Partners High Growth Fund Strategic Partners Opportunity Funds Strategic Partners Focused Growth Fund...... April 27, 2001 Strategic Partners New Era Growth Fund...... April 27, 2001 Strategic Partners Focused Value Fund....... February 13, 2001 Strategic Partners Style Specific Funds....... October 1, 2001 Strategic Partners Large Capitalization Growth Fund Strategic Partners Large Capitalization Value Fund Strategic Partners Small Capitalization Growth Fund Strategic Partners Small Capitalization Value Fund Strategic Partners International Equity Fund Strategic Partners Total Return Bond Fund -----END PRIVACY-ENHANCED MESSAGE-----