497 1 jdporthold062305.txt 497 JennisonDryden Funds Supplement dated June 23, 2005 The Boards of Directors/Trustees of each of the Funds listed below recently approved certain changes to the portfolio holdings disclosure policy for each of the Funds. Pursuant to the revised policy, the Funds will provide a full list of their portfolio securities on the Funds' website (www.jennisondryden.com) as of the end of each month within approximately 30 days after the end of the month. Accordingly, for each Fund, as of the effective date listed below, the section of the Prospectus titled "How the Fund is Managed-Disclosure of Portfolio Holdings" and the section of the Statement of Additional Information (SAI) titled "Disclosure of Portfolio Holdings" are hereby amended to reflect such changes and any contrary language is hereby deleted. Listed below are the names of the JennisonDryden Funds to which this Supplement relates, the date of each Fund's Prospectus/SAI, and the effective date of this Supplement with respect to each Fund: Fund Name Prospectus/SAI Date Effective Date Dryden Short-Term April 12, 2005 On or about Bond Fund, Inc. June 30, 2005 - Dryden Short-Term Corporate Bond Fund - Dryden Ultra Short Bond Fund MoneyMart Assets, Inc. February 25, 2005 On or about June 30, 2005 Prudential World February 24, 2005 On or about Fund, Inc. June 30, 2005 - Jennison Global Growth Fund - Dryden International Equity Fund Dryden Global Total April 7, 2005 On or about Return Fund, Inc. June 30, 2005 Dryden Tax-Free Money April 7, 2005 On or about Fund June 30, 2005 Prudential Institutional May 27, 2005 On or about Liquidity Portfolio, Inc. June 30, 2005 - Institutional Money Market Series Dryden Government March 7, 2005 On or about Securities Trust June 30, 2005 - Money Market Series Strategic Partners June 30, 2004 On or about Opportunity Funds June 30, 2005 - Jennison Select Growth Fund The Prudential Investment November 23, 2004 On or about Portfolios, Inc. June 30, 2005 - Dryden Active Allocation Fund Dryden Tax-Managed Funds February 23, 2005 On or about - Dryden Large Cap July 30, 2005 Core Equity Fund Dryden Index Series Fund November 29, 2004 On or about - Dryden Stock July 30, 2005 Index Fund Jennison 20/20 Focus Fund March 29, 2005 On or about July 30, 2005 The Prudential Investment November 23, 2004 On or about Portfolios, Inc. July 30, 2005 - Jennison Equity Opportunity Fund - Jennison Growth Fund Jennison Natural Resources July 28, 2004 On or about Fund, Inc. July 30, 2005 Jennison U.S. Emerging February 24, 2005 On or about Growth Fund, Inc. July 30, 2005 Jennison Value Fund February 24, 2005 On or about July 30, 2005 Dryden Small-Cap Core February 23, 2005 On or about Equity Fund, Inc. July 30, 2005 Fund Name Prospectus/SAI Date Effective Date Jennison Sector Funds, March 18, 2005 On or about Inc. July 30, 2005 - Jennison Financial Services Fund - Jennison Health Sciences Fund - Jennison Technology Fund - Jennison Utility Fund Jennison Small Company November 30, 2004 On or about Fund, Inc. July 30, 2005 Dryden Total Return April 14, 2005 On or about Bond Fund, Inc. August 30, 2005 Dryden Government April 28, 2005 On or about Income Fund, Inc. August 30, 2005 Dryden High Yield March 25, 2005 On or about Fund, Inc. August 30, 2005 The Prudential Investment October 31, 2004 On or about Portfolios, Inc. August 30, 2005 - JennisonDryden Conservative Allocation Fund - JennisonDryden Moderate Allocation Fund - JennisonDryden Growth Allocation Fund Dryden Municipal Series October 31, 2004 On or about Fund October 30, 2005 - New Jersey Series - New York Serie - Pennsylvania Series Dryden California October 31, 2004 On or about Municipal Fund October 30, 2005 - California Series - California Income Series Dryden Municipal Series October 31, 2004 On or about Fund October 30, 2005 - Florida Series Dryden National Municipals April 8, 2005 On or about Fund, Inc. October 30, 2005 Jennison Blend Fund, Inc. March 23, 2005 On or about October 30, 2005 Cash Accumulation Trust November 24, 2004 On or about - Liquid Assets Fund October 30, 2005 - National Money Market Fund MF2005C11