0000887318-11-000106.txt : 20110427 0000887318-11-000106.hdr.sgml : 20110427 20110427143732 ACCESSION NUMBER: 0000887318-11-000106 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110228 FILED AS OF DATE: 20110427 DATE AS OF CHANGE: 20110427 EFFECTIVENESS DATE: 20110427 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 14 CENTRAL INDEX KEY: 0000717819 IRS NUMBER: 133165671 STATE OF INCORPORATION: MD FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-03712 FILM NUMBER: 11783159 BUSINESS ADDRESS: STREET 1: GATEWAY CENTER, 4TH FLOOR STREET 2: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 973-802-6469 MAIL ADDRESS: STREET 1: GATEWAY CENTER, 4TH FLOOR STREET 2: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL GOVERNMENT INCOME FUND, INC. DATE OF NAME CHANGE: 20100219 FORMER COMPANY: FORMER CONFORMED NAME: DRYDEN GOVERNMENT INCOME FUND INC DATE OF NAME CHANGE: 20040420 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL GOVERNMENT INCOME FUND INC DATE OF NAME CHANGE: 19951017 0000717819 S000004573 PRUDENTIAL GOVERNMENT INCOME FUND C000012502 Class A PGVAX C000012503 Class B PBGPX C000012504 Class C PRICX C000012505 Class Z PGVZX C000012506 Class R JDRVX 0000717819 S000031692 Prudential Floating Rate Income Fund C000098631 Class A C000098632 Class C C000098633 Class Z NSAR-B 1 answer.fil NSAR-B PAGE 1 000 B000000 02/28/2011 000 C000000 0000717819 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 14 001 B000000 811-03712 001 C000000 8002251852 002 A000000 100 MULBERRY STREET, GC3 9TH FLOOR 002 B000000 NEWARK 002 C000000 NJ 002 D010000 07102 002 D020000 4077 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 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072BB000100 52298 072CC010100 0 072CC020100 348 072DD010100 15933 072DD020100 3565 072EE000100 0 073 A010100 0.0000 073 A020100 0.0000 073 B000100 0.0000 073 C000100 0.0000 074 A000100 0 074 B000100 0 074 C000100 192408 074 D000100 655173 074 E000100 0 074 F000100 0 074 G000100 0 074 H000100 0 074 I000100 0 074 J000100 173381 074 K000100 0 074 L000100 2793 074 M000100 140 074 N000100 1023895 074 O000100 327535 074 P000100 493 074 Q000100 0 074 R010100 0 074 R020100 0 074 R030100 0 074 R040100 31663 074 S000100 0 074 T000100 664204 074 U010100 56651 074 U020100 12760 074 V010100 0.00 074 V020100 0.00 074 W000100 0.0000 074 X000100 35865 074 Y000100 21352 075 A000100 0 075 B000100 700330 076 000100 0.00 SIGNATURE STEVEN KAPLAN TITLE VP EX-99 2 navdistributionspip14.txt NAVS & DISTRIBUTION RATES This page being FINANCIAL INFORMATION (Cont. from Screen 33) filed for series 1. EXPENSES (Negative answers are allowed For the period covered by this form on this screen for 72Z only) ($000's omitted) 72.Y) Expense reimbursements ----------------------------- $ 0 Z) Net investment income ------------------------------ $ 0 AA) Realized capital gains ----------------------------- $ 0 BB) Realized capital losses ---------------------------- $ 0 CC) 1. Net unrealized appreciation during the period --- $ 0 2. Net unrealized depreciation during the period --- $ 0 DD) 1. Total income dividends for which record date passed during the period ------------------------ $ 0 2. Dividends for a second class of open-end company shares -----------------------------------$ 0 EE) Total capital gains distributions for which record date passed during the period --------------- $ 0 73. Distributions per share for which record date passed during the period: NOTE: Show in fractions of a cent if so declared. " A) 1. Dividends from net investment income $0.2673, 0.1954 " 2. Dividends for a second class of open-end company shares $0.2037, 0.2440, 0.2909 B) Distribution of capital gains ---------------$ 0.00 C) Other distributions --------------------------------- $ 0.0000 SCREEN NUMBER: 34 This page being (Continued from Screen 35) filed for series 1. Condensed balance sheet data: As of the end of current reporting period (000's omitted except for per share amounts and number of accounts) 74.O) Payables for portfolio instruments purchased --------------- $ 0 P) Amounts owed to affiliated persons --------------------------$ 0 Q) Senior long-term debt ---------------------------------------$ 0 R) Other liabilities:1. Reverse repurchase agreements --------- $ 0 2. Short sales --------------------------- $ 0 3. Written options ----------------------- $ 0 4. All other liabilities ----------------- $ 0 S) Senior equity -----------------------------------------------$ 0 T) Net assets of common shareholders ---------------------------$ 0 U) 1. Number of shares outstanding -----------------------------$ 0 2. Number of shares outstanding of a second class of shares of open-end company --------------------------------------- 0 " V) 1. Net asset value per share(to nearest cent) $9.57, 9.59 2. Net asset value per share of a second class of open-end " company shares (to nearest cent) $9.59, 9.58, 9.55 W) Mark-to-market net asset value per share for money market funds only (to 4 decimals) -----------------$ 0.0000 X) Total number of shareholder accounts ------------------------$ 0 Y) Total value of assets in segregated accounts ----------------$ 0 SCREEN NUMBER: 36 Because the electronic format for filing Form N-SAR does not provide "adequate space for responding to Items 73A1&2 and 74V1&2 correctly, " the correct answers are as above. Prudential Government Income Fund EX-99.77B ACCT LTTR 3 auditorletterpip14.txt AUDITOR LETTER Report of Independent Registered Public Accounting Firm The Board of Trustees and Shareholders Prudential Investment Portfolios, Inc. 14: In planning and performing our audits of the financial statements of Prudential Government Income Fund (hereafter referred to as the "Fund"), a series of Prudential Investment Portfolios, Inc. 14, as of and for the year ended February 28, 2011, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Fund's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N- SAR, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion. Management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A Fund's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A Fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Fund are being made only in accordance with authorizations of management and trustees of the Fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the Fund's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Fund's annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of February 28, 2011. This report is intended solely for the information and use of management and the Board of Trustees of the Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. KPMG LLP New York, New York April 18, 2011