Supplement dated September 6, 2013 to the current Statement of Additional Information (SAI) of each of the Funds named below.
At a recent meeting, the Boards of Directors/Trustees of the Funds elected three new individuals to serve as Directors/Trustees. To reflect their appointment, the Independent Board Member biographical tables appearing in Part I of the SAI are hereby revised by including the following new information:
Name, Address, Age Position(s) Portfolios Overseen |
Principal Occupation(s) During Past Five Years |
Other Directorships Held | ||
Ellen S. Alberding (55) Board Member Portfolios Overseen: 64 | President and Board Member, The Joyce Foundation (charitable foundation) (since 2002); Vice Chair, City Colleges of Chicago (community college system) (since 2011); Trustee, Skills for Americas Future (national initiative to connect employers to community colleges) (since 2011); Trustee, National Park Foundation (charitable foundation for national park system) (since 2009); Trustee, Economic Club of Chicago (since 2009). | None. | ||
Keith F. Hartstein (56) Board Member Portfolios Overseen: 64 | Formerly President and Chief Executive Officer (2005-2012), Senior Vice President (2004-2005), Senior Vice President of Sales and Marketing (1997-2004), and various executive management positions (1990-1997), John Hancock Funds, LLC (asset management); Chairman, Investment Company Institutes Sales Force Marketing Committee (2003-2008). | None. | ||
James E. Quinn (61) Board Member Portfolios Overseen: 64 | Formerly President (2008-2012), President and Director (2003-2008) and Vice Chairman and Director (1998-2003), Tiffany & Company (jewelry retailing); Director, Mutual of America Capital Management Corporation (asset management) (since 1996); Director, Hofstra University (since 2008); Vice Chairman, Museum of the City of New York (since 1984). | Director of Deckers Outdoor Corporation (footwear manufacturer) (since 2011). |
With respect to Prudential MoneyMart Assets, Inc. Stuart S. Parker has resigned as a Director, and Mr. Parker has resigned as a Committee Member of the Prudential Variable Contract Account-2. Mr. Parker will continue to serve as the President of both Prudential MoneyMart Assets, Inc. and the Prudential Variable Contract Account-2.
Investment Company Name |
Fund / Series Name | |
Prudential Investment Portfolios 2 | Prudential Core Short-Term Bond Fund | |
Prudential Core Taxable Money Market Fund | ||
Prudential Investment Portfolios 3 | Prudential Strategic Value Fund | |
Prudential Jennison Select Growth Fund | ||
Prudential Real Assets Fund | ||
Prudential Jennison Market Neutral Fund | ||
Prudential Investment Portfolios, Inc. 14 | Prudential Government Income Fund | |
Prudential Floating Rate Income Fund | ||
Prudential Investment Portfolios 12 | Prudential Global Real Estate Fund | |
Prudential US Real Estate Fund | ||
Prudential Investment Portfolios 4 | Prudential Muni High Income Fund | |
Prudential Investment Portfolios 5 | Prudential Jennison Conservative Growth Fund | |
Prudential Small-Cap Value Fund | ||
Prudential MoneyMart Assets, Inc. | ||
Prudential Investment Portfolios 6 | Prudential California Muni Income Fund | |
Prudential Investment Portfolios, Inc. 15 | Prudential High Yield Fund | |
Prudential Short Duration High Yield Income Fund | ||
Prudential National Muni Fund, Inc. | ||
Prudential Jennison Blend Fund, Inc. | ||
Prudential Jennison Mid-Cap Growth Fund, Inc. | ||
Prudential Investment Portfolios 7 | Prudential Jennison Value Fund | |
Prudential Investment Portfolios 8 | Prudential Stock Index Fund | |
The Prudential Investment Portfolios, Inc. | Prudential Asset Allocation Fund | |
Prudential Jennison Equity Opportunity Fund | ||
Prudential Jennison Growth Fund | ||
Prudential Conservative Allocation Fund | ||
Prudential Moderate Allocation Fund | ||
Prudential Growth Allocation Fund | ||
Prudential Jennison Small Company Fund, Inc. | ||
Prudential Investment Portfolios 9 | Prudential Large-Cap Core Equity Fund | |
Prudential International Real Estate Fund | ||
Prudential Absolute Return Bond Fund | ||
Prudential World Fund, Inc. | Prudential International Equity Fund | |
Prudential International Value Fund | ||
Prudential Emerging Markets Debt Local Currency Fund | ||
Prudential Jennison Global Opportunities Fund | ||
Prudential Jennison International Opportunities Fund | ||
Prudential Investment Portfolios, Inc. 10 | Prudential Mid-Cap Value Fund | |
Prudential Jennison Equity Income Fund | ||
Prudential Jennison Natural Resources Fund, Inc. | ||
Prudential Global Total Return Fund, Inc. | ||
Prudential Total Return Bond Fund, Inc. | ||
Prudential Sector Funds, Inc. | Prudential Financial Services Fund | |
Prudential Jennison Health Sciences Fund | ||
Prudential Jennison Utility Fund | ||
Prudential Investment Portfolios 16 | Target Conservative Allocation Fund | |
Prudential Defensive Equity Fund | ||
The Target Portfolio Trust | Large Capitalization Growth Portfolio | |
Large Capitalization Value Portfolio | ||
Small Capitalization Growth Portfolio | ||
Small Capitalization Value Portfolio | ||
International Equity Portfolio | ||
Total Return Bond Portfolio | ||
Intermediate-Term Bond Portfolio | ||
Mortgage-Backed Securities Portfolio | ||
Prudential Short-Term Corporate Bond Fund, Inc. | ||
Prudential Jennison 20/20 Focus Fund | ||
Prudential Variable Contract Account-2 | ||
Prudential Variable Contract Account-10 | ||
Prudential Variable Contract Account-11 |
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