Supplement dated September 8, 2014 to
the
Currently Effective Statement of Additional Information (SAI) of
each of the Funds Listed Below (the Funds)
Chad A. Earnst, has been appointed as the Chief Compliance Officer of each of the Prudential Investment Funds and the Target Funds. In order to reflect Mr. Earnst’s appointment as Chief Compliance Officer, the following biographical information is inserted into Part I of each SAI, in the section entitled “Information About Board Members and Officers. All references and information pertaining to Raymond A. O’Hara as the Chief Compliance Officer are hereby deleted. Mr. O’Hara will continue to serve as Chief Legal Officer of the Funds.
Name, Address and Age Position with the Fund |
Principal Occupations During Past 5 Years |
Chad A. Earnst (39) Chief Compliance Officer |
Chief Compliance Officer (September 2014-Present) of Prudential Investments LLC; Chief Compliance Officer (September 2014-Present) of the Prudential Investments Funds, Target Funds, Advanced Series Trust, The Prudential Series Fund, Prudential's Gibraltar Fund, Inc., Prudential Global Short Duration High Yield Income Fund, Inc., Prudential Short Duration High Yield Fund, Inc. and Prudential Jennison MLP Income Fund, Inc.; formerly Assistant Director (March 2010-August 2014) of the Asset Management Unit, Division of Enforcement, U.S. Securities & Exchange Commission; Assistant Regional Director (January 2010-August 2014), Branch Chief (June 2006–December 2009) and Senior Counsel (April 2003-May 2006) of the Miami Regional Office, Division of Enforcement, U.S. Securities & Exchange Commission. |
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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 Jennison 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 Select Real Estate 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 Long-Short Equity Income Fund | |
Prudential Short Duration Muni High Income 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 |
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Prudential International Value Fund | |
Prudential Emerging Markets Debt Local Currency Fund | |
Prudential Jennison Global Opportunities Fund | |
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 |
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