0001193125-16-458884.txt : 20160211 0001193125-16-458884.hdr.sgml : 20160211 20160211105246 ACCESSION NUMBER: 0001193125-16-458884 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20160211 DATE AS OF CHANGE: 20160211 EFFECTIVENESS DATE: 20160211 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: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-60561 FILM NUMBER: 161409087 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 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: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-08915 FILM NUMBER: 161409088 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 S000004704 PRUDENTIAL QMA DEFENSIVE EQUITY FUND C000012799 Class R SPMRX C000012800 Class A PAMGX C000012801 Class B DMGBX C000012802 Class C PIMGX C000012803 Class Z PDMZX 485BPOS 1 d114831d485bpos.htm PRUDENTIAL INVESTMENT PORTFOLIOS 16 Prudential Investment Portfolios 16

As filed with the Securities and Exchange Commission on February 11, 2016

Securities Act Registration No. 333-60561

Investment Company Act Registration No. 811-08915

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

PRE-EFFECTIVE AMENDMENT NO.

POST-EFFECTIVE AMENDMENT NO. 39 (X)

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

POST-EFFECTIVE AMENDMENT NO. 39 (X)

Check appropriate box or boxes

Prudential Investment Portfolios 16

Exact name of registrant as specified in charter

655 Broad Street, 17th Floor

Newark, New Jersey 07102

Address of Principal Executive Offices including Zip Code

(973) 367-7521

Registrant’s Telephone Number, Including Area Code

Deborah A. Docs

655 Broad Street, 17th Floor

Newark, New Jersey 07102

Name and Address of Agent for Service

It is proposed that this filing will become effective:

(X) immediately upon filing pursuant to paragraph (b)

     on (date) pursuant to paragraph (b)

     60 days after filing pursuant to paragraph (a)(1)

     on (date) pursuant to paragraph (a)(1)

     75 days after filing pursuant to paragraph (a)(2)

     on (date) pursuant to paragraph (a)(2) of Rule 485

If appropriate, check the following box:

     this post-effective amendment designates a new effective date for a previously filed post-effective amendment.


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Post-Effective Amendment to the Registration Statement under Rule 485(b) under the Securities Act and has duly caused this Post-Effective Amendment to the Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Newark, and State of New Jersey, on the 11th day of February, 2016.

 

  PRUDENTIAL INVESTMENT PORTFOLIOS 16
 

*

  Stuart S. Parker, President

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

 

Signature    Title    Date

*

   Trustee   

Ellen S. Alberding

     

*

   Trustee   

Kevin J. Bannon

     

*

   Trustee   

Scott E. Benjamin

     

*

   Trustee   

Linda W. Bynoe

     

*

   Trustee   

Keith F. Hartstein

     

*

   Trustee   

Michael S. Hyland

     

*

   Trustee and President, Principal Executive Officer   

Stuart S. Parker

     

*

   Trustee   

Richard A. Redeker

     

*

   Trustee   

Stephen Stoneburn

     

*

   Trustee   

Grace C. Torres

     

*

   Treasurer, Principal Financial and Accounting Officer   

M. Sadiq Peshimam

     

*By: /s/ Jonathan D. Shain

   Attorney-in-Fact    February 11, 2016

Jonathan D. Shain

     


POWER OF ATTORNEY

The undersigned Directors, Trustees and Officers of the Prudential Investments Mutual Funds, the Target Funds and The Prudential Variable Contract Accounts 2, 10 and 11 (collectively, the “Funds”), hereby constitute, appoint and authorize each of, Andrew French, Claudia DiGiacomo, Deborah A. Docs, Raymond A. O’Hara, Amanda S. Ryan, and Jonathan D. Shain, as true and lawful agents and attorneys-in-fact, to sign, execute and deliver on his or her behalf in the appropriate capacities indicated, any Registration Statements of the Funds on the appropriate forms, any and all amendments thereto (including pre- and post-effective amendments), and any and all supplements or other instruments in connection therewith, including Form N-PX, Forms 3, 4 and 5, as appropriate, to file the same, with all exhibits thereto, with the US Securities and Exchange Commission (the “SEC”) and the securities regulators of appropriate states and territories, and generally to do all such things in his or her name and behalf in connection therewith as said attorney-in-fact deems necessary or appropriate to comply with the provisions of the Securities Act of 1933, section 16(a) of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, all related requirements of the SEC and all requirements of appropriate states and territories. The undersigned do hereby give to said agents and attorneys-in-fact full power and authority to act in these premises, including, but not limited to, the power to appoint a substitute or substitutes to act hereunder with the same power and authority as said agents and attorneys-in-fact would have if personally acting. The undersigned do hereby approve, ratify and confirm all that said agents and attorneys-in-fact, or any substitute or substitutes, may do by virtue hereof.

 

/s/ Ellen S. Alberding

     

/s/ Stuart S. Parker

Ellen S. Alberding       Stuart S. Parker

/s/ Kevin J. Bannon

     

/s/ M. Sadiq Peshimam

Kevin J. Bannon       M. Sadiq Peshimam

/s/ Scott E. Benjamin

     

/s/ Richard A. Redeker

Scott E. Benjamin       Richard A. Redeker

/s/ Linda W. Bynoe

     

/s/ Stephen Stoneburn

Linda W. Bynoe       Stephen Stoneburn

/s/ Keith F. Hartstein

     

/s/ Grace C. Torres

Keith F. Hartstein       Grace C. Torres

/s/ Michael S. Hyland

     
Michael S. Hyland      
Dated: September 16, 2015      


Exhibit Index

 

Exhibit No.    Description     
EX-101.INS    XBRL Instance Document   
EX-101.SCH    XBRL Taxonomy Extension Schema Document   
EX-101.CAL    XBRL Taxonomy Extension Calculation Linkbase   
EX-101.DEF    XBRL Taxonomy Extension Definition Linkbase   
EX-101.LAB    XBRL Taxonomy Extension Labels Linkbase   
EX-101.PRE    XBRL Taxonomy Extension Presentation Linkbase   
EX-101.INS 2 pip16-20160129.xml XBRL INSTANCE DOCUMENT 0001067442 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member pip16:C000012800Member 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member pip16:C000012801Member 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member pip16:C000012802Member 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member pip16:C000012799Member 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member pip16:C000012803Member 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member pip16:C000012800Member rr:AfterTaxesOnDistributionsMember 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member pip16:C000012800Member rr:AfterTaxesOnDistributionsAndSalesMember 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member pip16:SP500IndexreflectsnodeductionforfeesexpensesortaxesMember 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member pip16:Russell1000DefensiveIndexMember 2016-01-29 2016-01-29 0001067442 pip16:S000004704Member pip16:LipperLargeCapCoreFundsAverageMember 2016-01-29 2016-01-29 pure iso4217:USD 2016-01-29 485BPOS 2015-10-31 PRUDENTIAL INVESTMENT PORTFOLIOS 16 0001067442 false 2016-01-29 2016-01-29 FUND SUMMARY <b>INVESTMENT OBJECTIVE</b> The investment objective of the Fund is <b>to seek long-term capital appreciation.</b> <b>FUND FEES AND EXPENSES</b> The tables below describe the sales charges, fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and an eligible group of related investors purchase, or agree to purchase in the future, $25,000 or more in shares of the Fund or other funds in the Prudential Investments family of funds. More information about these discounts is available from your financial professional and is explained in Reducing or Waiving Class A's and Class C&#x2019;s Sales Charges on page 22 of the Fund's Prospectus and in Rights of Accumulation on page 57 of the Fund's Statement of Additional Information (SAI). <b>Shareholder Fees (fees paid directly from your investment)</b> <b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b> <b>Example.</b> The following hypothetical example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. It assumes that you invest $10,000 in the Fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year, that the Fund's operating expenses remain the same (except that fee waivers or reimbursements, if any, are only reflected in the 1-Year figures) and that all dividends and distributions are reinvested. Your actual costs may be higher or lower. <b>If Shares Are Redeemed</b> <b>If Shares Are Not Redeemed</b> <b>Portfolio Turnover.</b> The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#x201C;turns over&#x201D; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the Fund's most recent fiscal year, the Fund's portfolio turnover rate was 74% of the average value of its portfolio. <b>INVESTMENTS, RISKS AND PERFORMANCE<br/><br/>Principal Investment Strategies.</b> The Fund seeks to achieve its investment objective by investing in a well diversified portfolio of equity and equity-related securities. Under normal market conditions, the Fund will invest at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in equity and equity-related securities. For purposes of this 80% policy, equity and equity-related securities include (i) common and preferred stock (and securities convertible into, or that the subadviser expects to be exchanged for, common or preferred stock), (ii) exchange-traded funds (ETFs), and (iii) synthetic instruments and derivatives that have economic characteristics that are similar to equity securities, including certain options, futures, swaps, and exchange-traded notes (ETNs) whose interest or principal payments are linked to one or more equity securities or equity indices. The subadviser will evaluate investments across equity market sectors, based on a variety of factors, including but not limited to momentum, valuation, volatility and correlation, and will allocate and periodically rebalance the Fund&#x2019;s portfolio across the different sectors based on changes in these factors. The subadviser may also use risk mitigation techniques to reduce downside risk. Investment decisions will be determined using a combination of quantitative tools and the judgment of the subadviser's investment professionals.<br/><br/>The Fund may invest in securities of any market capitalization. The Fund may invest up to 20% of its investable assets in debt securities of varying credit quality. The Fund may invest up to 20% of total assets in securities of foreign issuers. The Fund may invest up to 25% of its net assets in derivatives. Although the Fund is not limited in the types of derivatives it can use, the Fund currently expects that its principal investments in derivative instruments will include investments in futures contracts, but the Fund may also invest in options and swaps. <b>Principal Risks.</b> All investments have risks to some degree. An investment in the Fund is not guaranteed to achieve its investment objective; is not a deposit with a bank; is not insured, endorsed or guaranteed by the Federal Deposit Insurance Corporation or any other government agency; and is subject to investment risks, including possible loss of your original investment.<br/><br/><b>Equity and Equity-Related Securities Risks</b>. The value of a particular security could go down and you could lose money. In addition to an individual security losing value, the value of the equity markets or a sector in which the Fund invests could go down. The Fund's holdings can vary significantly from broad market indexes and the performance of the Fund can deviate from the performance of these indexes. Different parts of a market can react differently to adverse issuer, market, regulatory, political and economic developments.<br/><br/><b>Large Capitalization Company Risk</b>. Companies with large market capitalizations go in and out of favor based on market and economic conditions. Larger companies tend to be less volatile than companies with smaller market capitalizations. In exchange for this potentially lower risk, the Fund's value may not rise or fall as much as the value of funds that emphasize companies with smaller market capitalizations.<br/><br/><b>Sector Focused Investing Risk</b>. This is the risk that events negatively affecting an industry or market sector in which the Fund focuses its investments will cause the value of the Fund&#x2019;s shares to decrease, perhaps significantly.<br/><br/><b>Derivatives Risk</b>. Derivatives involve special risks and costs and may result in losses to the Fund. The successful use of derivatives requires sophisticated management, and, to the extent that derivatives are used, the Fund will depend on the subadviser&#x2019;s ability to analyze and manage derivatives transactions. The prices of derivatives may move in unexpected ways, especially in abnormal market conditions. Some derivatives are &#x201C;leveraged&#x201D; and therefore may magnify or otherwise increase investment losses to the Fund. The Fund&#x2019;s use of derivatives may also increase the amount of taxes payable by shareholders. Other risks arise from the potential inability to terminate or sell derivatives positions. A liquid secondary market may not always exist for the Fund&#x2019;s derivatives positions. In fact, many over-the-counter derivative instruments will not have liquidity beyond the counterparty to the instrument. Over-the-counter derivative instruments also involve the risk that the other party will not meet its obligations to the Fund.<br/><br/>The US government and foreign governments are in the process of adopting and implementing regulations governing derivatives markets, including mandatory clearing of certain derivatives, margin and reporting requirements. The ultimate impact of the regulations remains unclear. Additional regulation of derivatives may make derivatives more costly, limit their availability or utility, or otherwise adversely affect their performance or disrupt markets.<br/><br/><b>Management Risk.</b> Actively managed mutual funds are subject to management risk. The subadviser will apply investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these techniques will produce the desired results. Additionally, the securities selected by the subadviser may underperform the markets in general, the Fund&#x2019;s benchmark and other mutual funds with similar investment objectives.<br/><br/><b>Market Risk.</b> Securities markets may be volatile and the market prices of the Fund&#x2019;s securities may decline. Securities fluctuate in price based on changes in an issuer&#x2019;s financial condition and overall market and economic conditions. If the market prices of the securities owned by the Fund fall, the value of your investment in the Fund will decline.<br/><br/><b>Market Events Risk.</b> Events in the financial markets have resulted in, and may continue to result in, an unusually high degree of volatility, both in non-US and US markets. This market volatility, in addition to reduced liquidity in credit and fixed-income markets, may adversely affect issuers worldwide. Furthermore, the impact of policy and legislative changes in the US and other countries may not be fully known for some time. This environment could make identifying investment risks and opportunities especially difficult for the subadviser.<br/><br/><b>Risk of Increase in Expenses.</b> Your actual cost of investing in the Fund may be higher than the expenses shown in the expense table for a variety of reasons. For example, expense ratios may be higher than those shown if average net assets decrease. Net assets are more likely to decrease and Fund expense ratios are more likely to increase when markets are volatile. Active and frequent trading of Fund securities can increase expenses.<br/><br/>More information about the risks of investing in the Fund appears in the section of the Prospectus entitled &#x201C;More Information About the Fund&#x2019;s Principal and Non-Principal Investment Strategies, Investments and Risks.&#x201D; <b>Performance.</b> The following bar chart shows the Fund's performance for Class A shares for each full calendar year of operations or for the last 10 calendar years, whichever is shorter. The following table shows the average annual returns of each of the Fund&#x2019;s share classes and also compares the Fund&#x2019;s performance with the average annual total returns of an index or other benchmark and a group of similar mutual funds. The bar chart and table demonstrate the risk of investing in the Fund by showing how returns can change from year to year.<br/><br/>Past performance (before and after taxes) does not mean that the Fund will achieve similar results in the future. Updated Fund performance information is available online at www.prudentialfunds.com. <b>Annual Total Returns (Class A Shares)<sup>1*</sup></b> <table style="border-left: 1px solid black; line-height: 10pt; width: 70%; border-collapse: collapse; margin-bottom: 15pt; border-top: 1px solid black;" align="center" cellpadding="4" cellspacing="0"> <tr> <td style="border-bottom: 1px solid black; border-right: 1px solid black;" colspan="2" valign="bottom" align="center"><b>Best Quarter:</b></td> <td style="border-bottom: 1px solid black; border-right: 1px solid black;" colspan="2" valign="bottom" align="center"><b>Worst Quarter:</b></td> </tr> <tr> <td style="border-bottom: 1px solid black; border-right: 1px solid black;" valign="top" align="center">12.60%</td> <td style="border-bottom: 1px solid black; border-right: 1px solid black;" valign="top" align="center">2nd Quarter 2009</td> <td style="border-bottom: 1px solid black; border-right: 1px solid black;" valign="top" align="center">-13.86%</td> <td style="border-bottom: 1px solid black; border-right: 1px solid black;" valign="top" align="center">4th Quarter 2008</td> </tr> </table> <b>Average Annual Total Returns % (including sales charges) (as of 12-31-15)*</b> &#xB0; After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#x2019;s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class A shares. After-tax returns for other classes will vary due to differing sales charges and expenses. You may qualify for sales charge discounts if you and an eligible group of related investors purchase, or agree to purchase in the future, $25,000 or more in shares of the Fund or other funds in the Prudential Investments family of funds. February 28, 2017 An investment in the Fund is not guaranteed to achieve its investment objective; is not a deposit with a bank; is not insured, endorsed or guaranteed by the Federal Deposit Insurance Corporation or any other government agency; and is subject to investment risks, including possible loss of your original investment. The following table shows the average annual returns of each of the Fund&#x2019;s share classes and also compares the Fund&#x2019;s performance with the average annual total returns of an index or other benchmark and a group of similar mutual funds. The bar chart and table demonstrate the risk of investing in the Fund by showing how returns can change from year to year. Past performance (before and after taxes) does not mean that the Fund will achieve similar results in the future. www.prudentialfunds.com <b>Best Quarter:</b> Worst Quarter:</b> 2009-06-30 2008-12-31 These annual total returns do not include sales charges. If the sales charges were included, the annual total returns would be lower than those shown. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns shown are not relevant to investors who hold their Fund shares through tax deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class A shares. After-tax returns for other classes will vary due to differing sales charges and expenses. 0.055 0 0 0 0 0.01 0.05 0.01 0 0 0 0 0 0 0 0 0 0 0 0 0 15 15 15 0 0 0.0075 0.0075 0.0075 0.0075 0.0075 0.003 0.01 0.01 0.0075 0 0.0027 0.0027 0.0027 0.0027 0.0027 0.0132 0.0202 0.0202 0.0177 0.0102 -0.0005 0 0 -0.0025 0 0.0127 0.0202 0.0202 0.0152 0.0102 672 941 1229 2049 705 934 1188 2084 305 634 1088 2348 155 533 936 2063 104 325 563 1248 672 941 1229 2049 205 634 1088 2084 205 634 1088 2348 155 533 936 2063 104 325 563 1248 -0.0501 0.0714 0.0471 -0.0103 0.0731 0.0471 0.0038 0.0784 0.0523 0.0089 0.0838 0.0576 -0.049 0.0689 0.049 -0.0558 0.0602 0.0402 -0.0224 0.0539 0.0384 0.126 <div style="display:none">~ http://www.prudentialfunds.com/role/ScheduleAnnualFundOperatingExpenses000013 column period compact * ~</div> <div style="display:none">~ http://www.prudentialfunds.com/role/ScheduleAnnualTotalReturnsBarChart000016 column period compact * ~</div> <div style="display:none">~ http://www.prudentialfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposed000015 column period compact * ~</div> <div style="display:none">~ http://www.prudentialfunds.com/role/ScheduleExpenseExampleTransposed000014 column period compact * ~</div> <div style="display:none">~ http://www.prudentialfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposed000017 column period compact * ~</div> <div style="display:none">~ http://www.prudentialfunds.com/role/ScheduleShareholderFees000012 column period compact * ~</div> -0.1386 25000 0 0 0 0 0.74 0.0139 0.0254 -0.0055 0.1255 0.1342 0.1092 0.073 0.0769 0.0641 0.121 0.0711 -0.2852 0.2069 0.1166 -0.0111 0.1197 0.1991 0.1052 0.0063 The distributor has contractually agreed through February 28, 2017 to reduce its distribution and service (12b-1) fees for Class A shares to an annual rate of .25% of the average daily net assets of Class A shares and its distribution and service (12b-1) fees for Class R shares to an annual rate of .50% of the average daily net assets of Class R shares. These waivers may not be terminated prior to February 28, 2017 without the prior approval of the Fund's Board of Trustees. These annual total returns do not include sales charges. If the sales charges were included, the annual total returns would be lower than those shown. Without the distribution and service (12b-1) fee waiver, the annual returns would have been lower, too. Effective May 8, 2013, the Fund’s investment strategy and policies were changed and Quantitative Management Associates LLC (QMA) became the subadviser to the Fund. The Fund’s performance prior to May 8, 2013 is not attributable to QMA or to the Fund’s current investment strategies. EX-101.SCH 3 pip16-20160129.xsd XBRL TAXONOMY EXTENSION SCHEMA 000000 - Document - Document and Entity Information {Elements} link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Summary {Unlabeled} - PRUDENTIAL QMA DEFENSIVE EQUITY FUND link:presentationLink link:calculationLink link:definitionLink 000012 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000013 - Schedule - Annual Fund Operating Expenses link:calculationLink link:presentationLink link:definitionLink 000014 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000015 - Schedule - Expense Example, No Redemption {Transposed} link:presentationLink link:calculationLink link:definitionLink 000016 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000017 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000018 - Document - Risk/Return Detail {Unlabeled} - PRUDENTIAL QMA DEFENSIVE EQUITY FUND link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - PRUDENTIAL QMA DEFENSIVE EQUITY FUND link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 pip16-20160129_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 pip16-20160129_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 pip16-20160129_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 7 pip16-20160129_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 9 R1.htm IDEA: XBRL DOCUMENT v3.3.1.900
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Oct. 31, 2015
Registrant Name dei_EntityRegistrantName PRUDENTIAL INVESTMENT PORTFOLIOS 16
Central Index Key dei_EntityCentralIndexKey 0001067442
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Jan. 29, 2016
Document Effective Date dei_DocumentEffectiveDate Jan. 29, 2016
Prospectus Date rr_ProspectusDate Jan. 29, 2016
GRAPHIC 10 BarChart1.png IDEA: XBRL DOCUMENT begin 644 BarChart1.png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end XML 11 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
PRUDENTIAL QMA DEFENSIVE EQUITY FUND
FUND SUMMARY
INVESTMENT OBJECTIVE
The investment objective of the Fund is to seek long-term capital appreciation.
FUND FEES AND EXPENSES
The tables below describe the sales charges, fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and an eligible group of related investors purchase, or agree to purchase in the future, $25,000 or more in shares of the Fund or other funds in the Prudential Investments family of funds. More information about these discounts is available from your financial professional and is explained in Reducing or Waiving Class A's and Class C’s Sales Charges on page 22 of the Fund's Prospectus and in Rights of Accumulation on page 57 of the Fund's Statement of Additional Information (SAI).
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees - PRUDENTIAL QMA DEFENSIVE EQUITY FUND - USD ($)
Class A
Class B
Class C
Class R
Class Z
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.50% none none none none
Maximum deferred sales charge (load) (as percentage of the lower of original purchase price or net asset value at redemption) 1.00% 5.00% 1.00% none none
Maximum sales charge (load) imposed on reinvested dividends and other distributions none none none none none
Redemption fee none none none none none
Exchange fee none none none none none
Maximum account fee (accounts under $10,000) $ 15 $ 15 $ 15 none none
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - PRUDENTIAL QMA DEFENSIVE EQUITY FUND
Class A
Class B
Class C
Class R
Class Z
Management fees 0.75% 0.75% 0.75% 0.75% 0.75%
+ Distribution and service (12b-1) fees 0.30% 1.00% 1.00% 0.75% none
+ Other expenses 0.27% 0.27% 0.27% 0.27% 0.27%
= Total annual Fund operating expenses 1.32% 2.02% 2.02% 1.77% 1.02%
– Fee waiver and/or expense reimbursement (0.05%) none none (0.25%) none
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement [1] 1.27% 2.02% 2.02% 1.52% 1.02%
[1] The distributor has contractually agreed through February 28, 2017 to reduce its distribution and service (12b-1) fees for Class A shares to an annual rate of .25% of the average daily net assets of Class A shares and its distribution and service (12b-1) fees for Class R shares to an annual rate of .50% of the average daily net assets of Class R shares. These waivers may not be terminated prior to February 28, 2017 without the prior approval of the Fund's Board of Trustees.
Example.
The following hypothetical example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. It assumes that you invest $10,000 in the Fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year, that the Fund's operating expenses remain the same (except that fee waivers or reimbursements, if any, are only reflected in the 1-Year figures) and that all dividends and distributions are reinvested. Your actual costs may be higher or lower.
If Shares Are Redeemed
Expense Example - PRUDENTIAL QMA DEFENSIVE EQUITY FUND - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 672 941 1,229 2,049
Class B 705 934 1,188 2,084
Class C 305 634 1,088 2,348
Class R 155 533 936 2,063
Class Z 104 325 563 1,248
If Shares Are Not Redeemed
Expense Example, No Redemption - PRUDENTIAL QMA DEFENSIVE EQUITY FUND - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 672 941 1,229 2,049
Class B 205 634 1,088 2,084
Class C 205 634 1,088 2,348
Class R 155 533 936 2,063
Class Z 104 325 563 1,248
Portfolio Turnover.
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the Fund's most recent fiscal year, the Fund's portfolio turnover rate was 74% of the average value of its portfolio.
INVESTMENTS, RISKS AND PERFORMANCE

Principal Investment Strategies.
The Fund seeks to achieve its investment objective by investing in a well diversified portfolio of equity and equity-related securities. Under normal market conditions, the Fund will invest at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in equity and equity-related securities. For purposes of this 80% policy, equity and equity-related securities include (i) common and preferred stock (and securities convertible into, or that the subadviser expects to be exchanged for, common or preferred stock), (ii) exchange-traded funds (ETFs), and (iii) synthetic instruments and derivatives that have economic characteristics that are similar to equity securities, including certain options, futures, swaps, and exchange-traded notes (ETNs) whose interest or principal payments are linked to one or more equity securities or equity indices. The subadviser will evaluate investments across equity market sectors, based on a variety of factors, including but not limited to momentum, valuation, volatility and correlation, and will allocate and periodically rebalance the Fund’s portfolio across the different sectors based on changes in these factors. The subadviser may also use risk mitigation techniques to reduce downside risk. Investment decisions will be determined using a combination of quantitative tools and the judgment of the subadviser's investment professionals.

The Fund may invest in securities of any market capitalization. The Fund may invest up to 20% of its investable assets in debt securities of varying credit quality. The Fund may invest up to 20% of total assets in securities of foreign issuers. The Fund may invest up to 25% of its net assets in derivatives. Although the Fund is not limited in the types of derivatives it can use, the Fund currently expects that its principal investments in derivative instruments will include investments in futures contracts, but the Fund may also invest in options and swaps.
Principal Risks.
All investments have risks to some degree. An investment in the Fund is not guaranteed to achieve its investment objective; is not a deposit with a bank; is not insured, endorsed or guaranteed by the Federal Deposit Insurance Corporation or any other government agency; and is subject to investment risks, including possible loss of your original investment.

Equity and Equity-Related Securities Risks. The value of a particular security could go down and you could lose money. In addition to an individual security losing value, the value of the equity markets or a sector in which the Fund invests could go down. The Fund's holdings can vary significantly from broad market indexes and the performance of the Fund can deviate from the performance of these indexes. Different parts of a market can react differently to adverse issuer, market, regulatory, political and economic developments.

Large Capitalization Company Risk. Companies with large market capitalizations go in and out of favor based on market and economic conditions. Larger companies tend to be less volatile than companies with smaller market capitalizations. In exchange for this potentially lower risk, the Fund's value may not rise or fall as much as the value of funds that emphasize companies with smaller market capitalizations.

Sector Focused Investing Risk. This is the risk that events negatively affecting an industry or market sector in which the Fund focuses its investments will cause the value of the Fund’s shares to decrease, perhaps significantly.

Derivatives Risk. Derivatives involve special risks and costs and may result in losses to the Fund. The successful use of derivatives requires sophisticated management, and, to the extent that derivatives are used, the Fund will depend on the subadviser’s ability to analyze and manage derivatives transactions. The prices of derivatives may move in unexpected ways, especially in abnormal market conditions. Some derivatives are “leveraged” and therefore may magnify or otherwise increase investment losses to the Fund. The Fund’s use of derivatives may also increase the amount of taxes payable by shareholders. Other risks arise from the potential inability to terminate or sell derivatives positions. A liquid secondary market may not always exist for the Fund’s derivatives positions. In fact, many over-the-counter derivative instruments will not have liquidity beyond the counterparty to the instrument. Over-the-counter derivative instruments also involve the risk that the other party will not meet its obligations to the Fund.

The US government and foreign governments are in the process of adopting and implementing regulations governing derivatives markets, including mandatory clearing of certain derivatives, margin and reporting requirements. The ultimate impact of the regulations remains unclear. Additional regulation of derivatives may make derivatives more costly, limit their availability or utility, or otherwise adversely affect their performance or disrupt markets.

Management Risk. Actively managed mutual funds are subject to management risk. The subadviser will apply investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these techniques will produce the desired results. Additionally, the securities selected by the subadviser may underperform the markets in general, the Fund’s benchmark and other mutual funds with similar investment objectives.

Market Risk. Securities markets may be volatile and the market prices of the Fund’s securities may decline. Securities fluctuate in price based on changes in an issuer’s financial condition and overall market and economic conditions. If the market prices of the securities owned by the Fund fall, the value of your investment in the Fund will decline.

Market Events Risk. Events in the financial markets have resulted in, and may continue to result in, an unusually high degree of volatility, both in non-US and US markets. This market volatility, in addition to reduced liquidity in credit and fixed-income markets, may adversely affect issuers worldwide. Furthermore, the impact of policy and legislative changes in the US and other countries may not be fully known for some time. This environment could make identifying investment risks and opportunities especially difficult for the subadviser.

Risk of Increase in Expenses. Your actual cost of investing in the Fund may be higher than the expenses shown in the expense table for a variety of reasons. For example, expense ratios may be higher than those shown if average net assets decrease. Net assets are more likely to decrease and Fund expense ratios are more likely to increase when markets are volatile. Active and frequent trading of Fund securities can increase expenses.

More information about the risks of investing in the Fund appears in the section of the Prospectus entitled “More Information About the Fund’s Principal and Non-Principal Investment Strategies, Investments and Risks.”
Performance.
The following bar chart shows the Fund's performance for Class A shares for each full calendar year of operations or for the last 10 calendar years, whichever is shorter. The following table shows the average annual returns of each of the Fund’s share classes and also compares the Fund’s performance with the average annual total returns of an index or other benchmark and a group of similar mutual funds. The bar chart and table demonstrate the risk of investing in the Fund by showing how returns can change from year to year.

Past performance (before and after taxes) does not mean that the Fund will achieve similar results in the future. Updated Fund performance information is available online at www.prudentialfunds.com.
Annual Total Returns (Class A Shares)1*
Bar Chart
[1] Effective May 8, 2013, the Fund’s investment strategy and policies were changed and Quantitative Management Associates LLC (QMA) became the subadviser to the Fund. The Fund’s performance prior to May 8, 2013 is not attributable to QMA or to the Fund’s current investment strategies.
[2] These annual total returns do not include sales charges. If the sales charges were included, the annual total returns would be lower than those shown. Without the distribution and service (12b-1) fee waiver, the annual returns would have been lower, too.
Best Quarter: Worst Quarter:
12.60% 2nd Quarter 2009 -13.86% 4th Quarter 2008
Average Annual Total Returns % (including sales charges) (as of 12-31-15)*
Average Annual Total Returns - PRUDENTIAL QMA DEFENSIVE EQUITY FUND
One Year
Five Year
Ten Years
Class B shares [1] (5.01%) 7.14% 4.71%
Class C shares [1] (1.03%) 7.31% 4.71%
Class R shares [1] 0.38% 7.84% 5.23%
Class Z shares [1] 0.89% 8.38% 5.76%
Class A Shares [1] (4.90%) 6.89% 4.90%
Class A Shares | Return After Taxes on Distributions [1] (5.58%) 6.02% 4.02%
Class A Shares | Return After Taxes on Distributions and Sale of Fund Shares [1] (2.24%) 5.39% 3.84%
S&P 500 Index (reflects no deduction for fees, expenses or taxes) [1] 1.39% 12.55% 7.30%
Russell 1000 Defensive Index (reflects no deduction for fees, expenses or taxes) [1] 2.54% 13.42% 7.69%
Lipper Large-Cap Core Funds Average (reflects no deduction for sales charges or taxes) [1] (0.55%) 10.92% 6.41%
[1] Effective May 8, 2013, the Fund’s investment strategy and policies were changed and Quantitative Management Associates LLC (QMA) became the subadviser to the Fund. The Fund’s performance prior to May 8, 2013 is not attributable to QMA or to the Fund’s current investment strategies.
° After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class A shares. After-tax returns for other classes will vary due to differing sales charges and expenses.
XML 12 R9.htm IDEA: XBRL DOCUMENT v3.3.1.900
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName PRUDENTIAL INVESTMENT PORTFOLIOS 16
Prospectus Date rr_ProspectusDate Jan. 29, 2016
PRUDENTIAL QMA DEFENSIVE EQUITY FUND  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading FUND SUMMARY
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of the Fund is to seek long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading FUND FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The tables below describe the sales charges, fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and an eligible group of related investors purchase, or agree to purchase in the future, $25,000 or more in shares of the Fund or other funds in the Prudential Investments family of funds. More information about these discounts is available from your financial professional and is explained in Reducing or Waiving Class A's and Class C’s Sales Charges on page 22 of the Fund's Prospectus and in Rights of Accumulation on page 57 of the Fund's Statement of Additional Information (SAI).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination February 28, 2017
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the Fund's most recent fiscal year, the Fund's portfolio turnover rate was 74% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 74.00%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and an eligible group of related investors purchase, or agree to purchase in the future, $25,000 or more in shares of the Fund or other funds in the Prudential Investments family of funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 25,000
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock The following hypothetical example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. It assumes that you invest $10,000 in the Fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year, that the Fund's operating expenses remain the same (except that fee waivers or reimbursements, if any, are only reflected in the 1-Year figures) and that all dividends and distributions are reinvested. Your actual costs may be higher or lower.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption If Shares Are Redeemed
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption If Shares Are Not Redeemed
Strategy [Heading] rr_StrategyHeading INVESTMENTS, RISKS AND PERFORMANCE

Principal Investment Strategies.
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to achieve its investment objective by investing in a well diversified portfolio of equity and equity-related securities. Under normal market conditions, the Fund will invest at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in equity and equity-related securities. For purposes of this 80% policy, equity and equity-related securities include (i) common and preferred stock (and securities convertible into, or that the subadviser expects to be exchanged for, common or preferred stock), (ii) exchange-traded funds (ETFs), and (iii) synthetic instruments and derivatives that have economic characteristics that are similar to equity securities, including certain options, futures, swaps, and exchange-traded notes (ETNs) whose interest or principal payments are linked to one or more equity securities or equity indices. The subadviser will evaluate investments across equity market sectors, based on a variety of factors, including but not limited to momentum, valuation, volatility and correlation, and will allocate and periodically rebalance the Fund’s portfolio across the different sectors based on changes in these factors. The subadviser may also use risk mitigation techniques to reduce downside risk. Investment decisions will be determined using a combination of quantitative tools and the judgment of the subadviser's investment professionals.

The Fund may invest in securities of any market capitalization. The Fund may invest up to 20% of its investable assets in debt securities of varying credit quality. The Fund may invest up to 20% of total assets in securities of foreign issuers. The Fund may invest up to 25% of its net assets in derivatives. Although the Fund is not limited in the types of derivatives it can use, the Fund currently expects that its principal investments in derivative instruments will include investments in futures contracts, but the Fund may also invest in options and swaps.
Risk [Heading] rr_RiskHeading Principal Risks.
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock All investments have risks to some degree. An investment in the Fund is not guaranteed to achieve its investment objective; is not a deposit with a bank; is not insured, endorsed or guaranteed by the Federal Deposit Insurance Corporation or any other government agency; and is subject to investment risks, including possible loss of your original investment.

Equity and Equity-Related Securities Risks. The value of a particular security could go down and you could lose money. In addition to an individual security losing value, the value of the equity markets or a sector in which the Fund invests could go down. The Fund's holdings can vary significantly from broad market indexes and the performance of the Fund can deviate from the performance of these indexes. Different parts of a market can react differently to adverse issuer, market, regulatory, political and economic developments.

Large Capitalization Company Risk. Companies with large market capitalizations go in and out of favor based on market and economic conditions. Larger companies tend to be less volatile than companies with smaller market capitalizations. In exchange for this potentially lower risk, the Fund's value may not rise or fall as much as the value of funds that emphasize companies with smaller market capitalizations.

Sector Focused Investing Risk. This is the risk that events negatively affecting an industry or market sector in which the Fund focuses its investments will cause the value of the Fund’s shares to decrease, perhaps significantly.

Derivatives Risk. Derivatives involve special risks and costs and may result in losses to the Fund. The successful use of derivatives requires sophisticated management, and, to the extent that derivatives are used, the Fund will depend on the subadviser’s ability to analyze and manage derivatives transactions. The prices of derivatives may move in unexpected ways, especially in abnormal market conditions. Some derivatives are “leveraged” and therefore may magnify or otherwise increase investment losses to the Fund. The Fund’s use of derivatives may also increase the amount of taxes payable by shareholders. Other risks arise from the potential inability to terminate or sell derivatives positions. A liquid secondary market may not always exist for the Fund’s derivatives positions. In fact, many over-the-counter derivative instruments will not have liquidity beyond the counterparty to the instrument. Over-the-counter derivative instruments also involve the risk that the other party will not meet its obligations to the Fund.

The US government and foreign governments are in the process of adopting and implementing regulations governing derivatives markets, including mandatory clearing of certain derivatives, margin and reporting requirements. The ultimate impact of the regulations remains unclear. Additional regulation of derivatives may make derivatives more costly, limit their availability or utility, or otherwise adversely affect their performance or disrupt markets.

Management Risk. Actively managed mutual funds are subject to management risk. The subadviser will apply investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these techniques will produce the desired results. Additionally, the securities selected by the subadviser may underperform the markets in general, the Fund’s benchmark and other mutual funds with similar investment objectives.

Market Risk. Securities markets may be volatile and the market prices of the Fund’s securities may decline. Securities fluctuate in price based on changes in an issuer’s financial condition and overall market and economic conditions. If the market prices of the securities owned by the Fund fall, the value of your investment in the Fund will decline.

Market Events Risk. Events in the financial markets have resulted in, and may continue to result in, an unusually high degree of volatility, both in non-US and US markets. This market volatility, in addition to reduced liquidity in credit and fixed-income markets, may adversely affect issuers worldwide. Furthermore, the impact of policy and legislative changes in the US and other countries may not be fully known for some time. This environment could make identifying investment risks and opportunities especially difficult for the subadviser.

Risk of Increase in Expenses. Your actual cost of investing in the Fund may be higher than the expenses shown in the expense table for a variety of reasons. For example, expense ratios may be higher than those shown if average net assets decrease. Net assets are more likely to decrease and Fund expense ratios are more likely to increase when markets are volatile. Active and frequent trading of Fund securities can increase expenses.

More information about the risks of investing in the Fund appears in the section of the Prospectus entitled “More Information About the Fund’s Principal and Non-Principal Investment Strategies, Investments and Risks.”
Risk Lose Money [Text] rr_RiskLoseMoney and is subject to investment risks, including possible loss of your original investment.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not guaranteed to achieve its investment objective; is not a deposit with a bank; is not insured, endorsed or guaranteed by the Federal Deposit Insurance Corporation or any other government agency;
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance.
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart shows the Fund's performance for Class A shares for each full calendar year of operations or for the last 10 calendar years, whichever is shorter. The following table shows the average annual returns of each of the Fund’s share classes and also compares the Fund’s performance with the average annual total returns of an index or other benchmark and a group of similar mutual funds. The bar chart and table demonstrate the risk of investing in the Fund by showing how returns can change from year to year.

Past performance (before and after taxes) does not mean that the Fund will achieve similar results in the future. Updated Fund performance information is available online at www.prudentialfunds.com.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following table shows the average annual returns of each of the Fund’s share classes and also compares the Fund’s performance with the average annual total returns of an index or other benchmark and a group of similar mutual funds. The bar chart and table demonstrate the risk of investing in the Fund by showing how returns can change from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.prudentialfunds.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not mean that the Fund will achieve similar results in the future.
Bar Chart [Heading] rr_BarChartHeading Annual Total Returns (Class A Shares)1*
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads These annual total returns do not include sales charges. If the sales charges were included, the annual total returns would be lower than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best Quarter: Worst Quarter:
12.60% 2nd Quarter 2009 -13.86% 4th Quarter 2008
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns % (including sales charges) (as of 12-31-15)*
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax deferred arrangements, such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown only for Class A shares. After-tax returns for other classes will vary due to differing sales charges and expenses.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock ° After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class A shares. After-tax returns for other classes will vary due to differing sales charges and expenses.
PRUDENTIAL QMA DEFENSIVE EQUITY FUND | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charge (load) (as percentage of the lower of original purchase price or net asset value at redemption) rr_MaximumDeferredSalesChargeOverOther 1.00%
Maximum sales charge (load) imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption fee rr_RedemptionFeeOverRedemption none
Exchange fee rr_ExchangeFeeOverRedemption none
Maximum account fee (accounts under $10,000) rr_MaximumAccountFee $ 15
Management fees rr_ManagementFeesOverAssets 0.75%
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.30%
+ Other expenses rr_OtherExpensesOverAssets 0.27%
= Total annual Fund operating expenses rr_ExpensesOverAssets 1.32%
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.05%)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.27% [1]
1 Year rr_ExpenseExampleYear01 $ 672
3 Years rr_ExpenseExampleYear03 941
5 Years rr_ExpenseExampleYear05 1,229
10 Years rr_ExpenseExampleYear10 2,049
1 Year rr_ExpenseExampleNoRedemptionYear01 672
3 Years rr_ExpenseExampleNoRedemptionYear03 941
5 Years rr_ExpenseExampleNoRedemptionYear05 1,229
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,049
2006 rr_AnnualReturn2006 12.10% [2],[3]
2007 rr_AnnualReturn2007 7.11% [2],[3]
2008 rr_AnnualReturn2008 (28.52%) [2],[3]
2009 rr_AnnualReturn2009 20.69% [2],[3]
2010 rr_AnnualReturn2010 11.66% [2],[3]
2011 rr_AnnualReturn2011 (1.11%) [2],[3]
2012 rr_AnnualReturn2012 11.97% [2],[3]
2013 rr_AnnualReturn2013 19.91% [2],[3]
2014 rr_AnnualReturn2014 10.52% [2],[3]
2015 rr_AnnualReturn2015 0.63% [2],[3]
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 12.60%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (13.86%)
One Year rr_AverageAnnualReturnYear01 (4.90%) [2]
Five Year rr_AverageAnnualReturnYear05 6.89% [2]
Ten Years rr_AverageAnnualReturnYear10 4.90% [2]
PRUDENTIAL QMA DEFENSIVE EQUITY FUND | Class B  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as percentage of the lower of original purchase price or net asset value at redemption) rr_MaximumDeferredSalesChargeOverOther 5.00%
Maximum sales charge (load) imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption fee rr_RedemptionFeeOverRedemption none
Exchange fee rr_ExchangeFeeOverRedemption none
Maximum account fee (accounts under $10,000) rr_MaximumAccountFee $ 15
Management fees rr_ManagementFeesOverAssets 0.75%
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
+ Other expenses rr_OtherExpensesOverAssets 0.27%
= Total annual Fund operating expenses rr_ExpensesOverAssets 2.02%
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets none
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 2.02% [1]
1 Year rr_ExpenseExampleYear01 $ 705
3 Years rr_ExpenseExampleYear03 934
5 Years rr_ExpenseExampleYear05 1,188
10 Years rr_ExpenseExampleYear10 2,084
1 Year rr_ExpenseExampleNoRedemptionYear01 205
3 Years rr_ExpenseExampleNoRedemptionYear03 634
5 Years rr_ExpenseExampleNoRedemptionYear05 1,088
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,084
One Year rr_AverageAnnualReturnYear01 (5.01%) [2]
Five Year rr_AverageAnnualReturnYear05 7.14% [2]
Ten Years rr_AverageAnnualReturnYear10 4.71% [2]
PRUDENTIAL QMA DEFENSIVE EQUITY FUND | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as percentage of the lower of original purchase price or net asset value at redemption) rr_MaximumDeferredSalesChargeOverOther 1.00%
Maximum sales charge (load) imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption fee rr_RedemptionFeeOverRedemption none
Exchange fee rr_ExchangeFeeOverRedemption none
Maximum account fee (accounts under $10,000) rr_MaximumAccountFee $ 15
Management fees rr_ManagementFeesOverAssets 0.75%
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
+ Other expenses rr_OtherExpensesOverAssets 0.27%
= Total annual Fund operating expenses rr_ExpensesOverAssets 2.02%
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets none
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 2.02% [1]
1 Year rr_ExpenseExampleYear01 $ 305
3 Years rr_ExpenseExampleYear03 634
5 Years rr_ExpenseExampleYear05 1,088
10 Years rr_ExpenseExampleYear10 2,348
1 Year rr_ExpenseExampleNoRedemptionYear01 205
3 Years rr_ExpenseExampleNoRedemptionYear03 634
5 Years rr_ExpenseExampleNoRedemptionYear05 1,088
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,348
One Year rr_AverageAnnualReturnYear01 (1.03%) [2]
Five Year rr_AverageAnnualReturnYear05 7.31% [2]
Ten Years rr_AverageAnnualReturnYear10 4.71% [2]
PRUDENTIAL QMA DEFENSIVE EQUITY FUND | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as percentage of the lower of original purchase price or net asset value at redemption) rr_MaximumDeferredSalesChargeOverOther none
Maximum sales charge (load) imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption fee rr_RedemptionFeeOverRedemption none
Exchange fee rr_ExchangeFeeOverRedemption none
Maximum account fee (accounts under $10,000) rr_MaximumAccountFee none
Management fees rr_ManagementFeesOverAssets 0.75%
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.75%
+ Other expenses rr_OtherExpensesOverAssets 0.27%
= Total annual Fund operating expenses rr_ExpensesOverAssets 1.77%
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.25%)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.52% [1]
1 Year rr_ExpenseExampleYear01 $ 155
3 Years rr_ExpenseExampleYear03 533
5 Years rr_ExpenseExampleYear05 936
10 Years rr_ExpenseExampleYear10 2,063
1 Year rr_ExpenseExampleNoRedemptionYear01 155
3 Years rr_ExpenseExampleNoRedemptionYear03 533
5 Years rr_ExpenseExampleNoRedemptionYear05 936
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,063
One Year rr_AverageAnnualReturnYear01 0.38% [2]
Five Year rr_AverageAnnualReturnYear05 7.84% [2]
Ten Years rr_AverageAnnualReturnYear10 5.23% [2]
PRUDENTIAL QMA DEFENSIVE EQUITY FUND | Class Z  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as percentage of the lower of original purchase price or net asset value at redemption) rr_MaximumDeferredSalesChargeOverOther none
Maximum sales charge (load) imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption fee rr_RedemptionFeeOverRedemption none
Exchange fee rr_ExchangeFeeOverRedemption none
Maximum account fee (accounts under $10,000) rr_MaximumAccountFee none
Management fees rr_ManagementFeesOverAssets 0.75%
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
+ Other expenses rr_OtherExpensesOverAssets 0.27%
= Total annual Fund operating expenses rr_ExpensesOverAssets 1.02%
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets none
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.02% [1]
1 Year rr_ExpenseExampleYear01 $ 104
3 Years rr_ExpenseExampleYear03 325
5 Years rr_ExpenseExampleYear05 563
10 Years rr_ExpenseExampleYear10 1,248
1 Year rr_ExpenseExampleNoRedemptionYear01 104
3 Years rr_ExpenseExampleNoRedemptionYear03 325
5 Years rr_ExpenseExampleNoRedemptionYear05 563
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,248
One Year rr_AverageAnnualReturnYear01 0.89% [2]
Five Year rr_AverageAnnualReturnYear05 8.38% [2]
Ten Years rr_AverageAnnualReturnYear10 5.76% [2]
PRUDENTIAL QMA DEFENSIVE EQUITY FUND | Return After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.58%) [2]
Five Year rr_AverageAnnualReturnYear05 6.02% [2]
Ten Years rr_AverageAnnualReturnYear10 4.02% [2]
PRUDENTIAL QMA DEFENSIVE EQUITY FUND | Return After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (2.24%) [2]
Five Year rr_AverageAnnualReturnYear05 5.39% [2]
Ten Years rr_AverageAnnualReturnYear10 3.84% [2]
PRUDENTIAL QMA DEFENSIVE EQUITY FUND | S&P 500 Index (reflects no deduction for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 1.39% [2]
Five Year rr_AverageAnnualReturnYear05 12.55% [2]
Ten Years rr_AverageAnnualReturnYear10 7.30% [2]
PRUDENTIAL QMA DEFENSIVE EQUITY FUND | Russell 1000 Defensive Index (reflects no deduction for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 2.54% [2]
Five Year rr_AverageAnnualReturnYear05 13.42% [2]
Ten Years rr_AverageAnnualReturnYear10 7.69% [2]
PRUDENTIAL QMA DEFENSIVE EQUITY FUND | Lipper Large-Cap Core Funds Average (reflects no deduction for sales charges or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (0.55%) [2]
Five Year rr_AverageAnnualReturnYear05 10.92% [2]
Ten Years rr_AverageAnnualReturnYear10 6.41% [2]
[1] The distributor has contractually agreed through February 28, 2017 to reduce its distribution and service (12b-1) fees for Class A shares to an annual rate of .25% of the average daily net assets of Class A shares and its distribution and service (12b-1) fees for Class R shares to an annual rate of .50% of the average daily net assets of Class R shares. These waivers may not be terminated prior to February 28, 2017 without the prior approval of the Fund's Board of Trustees.
[2] Effective May 8, 2013, the Fund’s investment strategy and policies were changed and Quantitative Management Associates LLC (QMA) became the subadviser to the Fund. The Fund’s performance prior to May 8, 2013 is not attributable to QMA or to the Fund’s current investment strategies.
[3] These annual total returns do not include sales charges. If the sales charges were included, the annual total returns would be lower than those shown. Without the distribution and service (12b-1) fee waiver, the annual returns would have been lower, too.
XML 13 R10.htm IDEA: XBRL DOCUMENT v3.3.1.900
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName PRUDENTIAL INVESTMENT PORTFOLIOS 16
Prospectus Date rr_ProspectusDate Jan. 29, 2016
Document Creation Date dei_DocumentCreationDate Jan. 29, 2016
XML 14 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 15 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 17 FilingSummary.xml IDEA: XBRL DOCUMENT 3.3.1.900 html 12 89 1 true 11 0 false 2 false false R1.htm 000000 - Document - Document and Entity Information {Elements} Sheet http://www.prudentialfunds.com/role/DocumentDocumentandEntityInformationElements Document and Entity Information 1 false true R2.htm 000011 - Document - Risk/Return Summary {Unlabeled} - PRUDENTIAL QMA DEFENSIVE EQUITY FUND Sheet http://www.prudentialfunds.com/role/DocumentRiskReturnSummaryUnlabeledPRUDENTIALQMADEFENSIVEEQUITYFUND Risk/Return Summary- PRUDENTIAL QMA DEFENSIVE EQUITY FUND 2 false false R9.htm 000019 - Disclosure - Risk/Return Detail Data {Elements} - PRUDENTIAL QMA DEFENSIVE EQUITY FUND Sheet http://www.prudentialfunds.com/role/DisclosureRiskReturnDetailDataElementsPRUDENTIALQMADEFENSIVEEQUITYFUND Risk/Return Detail Data- PRUDENTIAL QMA DEFENSIVE EQUITY FUND 3 false false R10.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data 4 false false All Reports Book All Reports pip16-20160129.xml pip16-20160129.xsd pip16-20160129_cal.xml pip16-20160129_def.xml pip16-20160129_lab.xml pip16-20160129_pre.xml BarChart1.png true true ZIP 19 0001193125-16-458884-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-16-458884-xbrl.zip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end