Supplement dated April 11, 2014 to the
Currently Effective Statement of Additional Information of
each of the Funds Listed Below (the “Funds”)
Effective as of April 11, 2014 Lee D. Augsburger is the Chief Compliance Officer of the Funds. In order to reflect Mr. Augsburger’s appointment as Chief Compliance Officer, the biographical information appearing in the table below is added to the section of Part I of each SAI entitled “Information About Board Members and Officers.” All references and information pertaining to Bruce Karpati are hereby deleted.
Name, Address and Age | Position(s) Held with the Fund | Principal Occupations During Past 5 Years |
Lee D. Augsburger (54) | Chief Compliance Officer | Senior Vice President, Chief Ethics & Compliance Officer of Prudential Financial, Inc. (2009-Present); formerly Senior Vice President, Chief Compliance Officer (2007-2009) of Prudential Financial, Inc.; Vice President, Chief Compliance Officer (2003-2007) of Prudential Investments LLC; Vice President, Chief Compliance Officer (October 2000 - 2007) of Prudential Investment Management, Inc.; Vice President and Chief Legal Officer—Annuities (August 1999-October 2000) of Prudential; Vice President and Corporate Counsel (November 1997-August 1999) of Prudential. |
Effective as of April 1, 2014, Lana Lomuti and Linda McMullin have each been appointed to the position of Assistant Treasurer of the Funds. In order to reflect the appointments of Ms. Lomuti and Ms. McMullin, the biographical information appearing in the table below is added to the section of Part I of each SAI entitled “Information About Board Members and Officers.”
Name, Address and Age | Position(s) Held with the Fund | Principal Occupations During Past 5 Years |
Lana Lomuti (46) | Assistant Treasurer | Vice President (since 2007) and Director (2005-2007), within Prudential Mutual Fund Administration; formerly Assistant Treasurer (December 2007-February 2014) of The Greater China Fund, Inc. |
Linda McMullin | Assistant Treasurer | Vice President (since 2011) and Director (2008-2011) within Prudential Mutual Fund Administration. |
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Investment Company Name | Fund / Series Name |
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 Investment Portfolios 2 | Prudential Core Taxable Money Market Fund |
Prudential Core Short-Term Bond 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 4 | Prudential Muni High Income Fund |
Prudential Investment Portfolios 5 | Prudential Jennison Conservative Growth Fund |
Prudential Small-Cap Value Fund | |
Prudential Rising Dividend Fund | |
Prudential Investment Portfolios 6 | Prudential California Muni Income Fund |
Prudential Investment Portfolios 7 | Prudential Jennison Value Fund |
Prudential Investment Portfolios 8 | Prudential Stock Index Fund |
Prudential Investment Portfolios 9 | Prudential Large-Cap Core Equity Fund |
Prudential International Real Estate Fund | |
Prudential Absolute Return Bond Fund | |
Prudential Investment Portfolios, Inc. 10 | Prudential Mid-Cap Value Fund |
Prudential Jennison Equity Income Fund | |
Prudential Investment Portfolios 12 | Prudential Global Real Estate Fund |
Prudential US Real Estate Fund | |
Prudential Investment Portfolios, Inc. 14 | Prudential Government Income Fund |
Prudential Floating Rate Income Fund | |
Prudential Investment Portfolios, Inc. 15 | Prudential High Yield Fund |
Prudential Investment Portfolios 16 | Prudential Defensive Equity Fund |
Target Conservative Allocation Fund | |
Prudential Investment Portfolios, Inc. 17 | Prudential Total Return Bond Fund |
Prudential Short Duration Multi-Sector Bond Fund | |
Prudential Investment Portfolios 18 | Prudential Jennison 20/20 Focus Fund |
Prudential Jennison MLP Fund | |
Prudential MoneyMart Assets, Inc. | |
Prudential National Muni Fund, Inc. | |
Prudential Jennison Blend Fund, Inc. | |
Prudential Jennison Mid-Cap Growth Fund, Inc. | |
Prudential Jennison Small Company Fund, Inc. | |
Prudential World Fund, Inc. | Prudential International Equity Fund |
Prudential International Value Fund | |
Prudential Emerging Markets Debt Local Currency Fund | |
Prudential Jennison Global Opportunities Fund |
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Prudential Jennison International Opportunities Fund | |
Prudential Jennison Global Infrastructure Fund | |
Prudential Jennison Natural Resources Fund, Inc. | |
Prudential Global Total Return Fund, Inc. | |
Prudential Sector Funds, Inc. | Prudential Financial Services Fund |
Prudential Jennison Health Sciences Fund | |
Prudential Short-Term Corporate Bond Fund, Inc. | Prudential Jennison Utility Fund |
The Target Portfolio Trust | Small Capitalization Value Portfolio |
Small Capitalization Growth Portfolio | |
Large Capitalization Value Portfolio | |
Large Capitalization Growth Portfolio | |
International Equity Portfolio | |
Mortgage-Backed Securities Portfolio | |
Total Return Bond Portfolio | |
Intermediate-Term Bond Portfolio | |
The Prudential Variable Contract Account-2 | |
The Prudential Variable Contract Account-10 | |
The Prudential Variable Contract Account-11 | |
The Prudential Variable Contract Account-24 |
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