<SEC-DOCUMENT>0001683863-24-000635-index.html : 20240215
<SEC-HEADER>0001683863-24-000635.hdr.sgml : 20240215
<ACCEPTANCE-DATETIME>20240215130900
ACCESSION NUMBER:		0001683863-24-000635
CONFORMED SUBMISSION TYPE:	497K
PUBLIC DOCUMENT COUNT:		5
FILED AS OF DATE:		20240215
DATE AS OF CHANGE:		20240215
EFFECTIVENESS DATE:		20240215

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRUDENTIAL INVESTMENT PORTFOLIOS 16
		CENTRAL INDEX KEY:			0001067442
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497K
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-60561
		FILM NUMBER:		24643067

	BUSINESS ADDRESS:	
		STREET 1:		655 BROAD STREET
		STREET 2:		6TH FLOOR
		CITY:			NEWARK
		STATE:			NJ
		ZIP:			07102
		BUSINESS PHONE:		(973) 802-5032

	MAIL ADDRESS:	
		STREET 1:		655 BROAD STREET
		STREET 2:		6TH 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
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0001067442
<SERIES-ID>S000004703
<SERIES-NAME>PGIM INCOME BUILDER FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000012792
<CLASS-CONTRACT-NAME>Class R
<CLASS-CONTRACT-TICKER-SYMBOL>PCLRX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000012793
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PCGAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000012795
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PCCFX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000012796
<CLASS-CONTRACT-NAME>Class Z
<CLASS-CONTRACT-TICKER-SYMBOL>PDCZX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000176454
<CLASS-CONTRACT-NAME>Class R6
<CLASS-CONTRACT-TICKER-SYMBOL>PCGQX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497K
<SEQUENCE>1
<FILENAME>f37596d1.htm
<DESCRIPTION>PGIM INCOME BUILDER FUND 497K
<TEXT>
Document 1 - file: f37596d1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>gbrw6qodg2ldelplvifnq.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 2 - file: gbrw6qodg2ldelplvifnq.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>gl29dn8821pfpevlmkjsg.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 3 - file: gl29dn8821pfpevlmkjsg.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>gml1aobk5fmh5uiku53mz.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 4 - file: gml1aobk5fmh5uiku53mz.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>gxrsbzun3040y0182pmyv.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 5 - file: gxrsbzun3040y0182pmyv.jpg

</DOCUMENT>
</SEC-DOCUMENT>