Cash Accumulation Trust National Money Market Fund Dryden California Municipal Fund California Income Series Dryden Global Real Estate Fund, Inc. Dryden Global Total Return Fund, Inc. Dryden Government Income Fund, Inc. Dryden Government Securities Trust Money Market Series Dryden High Yield Fund, Inc. Dryden Index Series Fund, Inc. Dryden Stock Index Fund Dryden Municipal Bond Fund High Income Series Insured Series Dryden National Municipals Fund, Inc. Dryden Short-Term Bond Fund, Inc. Dryden Short-Term Corporate Bond Fund Dryden Small Cap Core Equity Fund, Inc. Dryden Tax-Managed Funds Dryden Large-Cap Core Equity Fund Dryden Total Return Bond Fund, Inc. Jennison 20/20 Focus Fund Jennison Blend Fund, Inc. Jennison Natural Resources Fund, Inc. Target Portfolio Trust Large Capitalization Growth Portfolio Small Capitalization Growth Portfolio International Equity Portfolio Total Return Bond Portfolio Mortgage Backed Securities Portfolio Large Capitalization Value Portfolio Small Capitalization Value Portfolio International Bond Portfolio Intermediate-Term Bond Portfolio U.S. Government Money Market Portfolio Jennison Sector Funds, Inc. Jennison Financial Services Fund Jennison Health Sciences Fund Jennison Utility Fund Jennison Small Company Fund, Inc. Jennison Mid-Cap Growth Fund, Inc. JennisonDryden Portfolios Jennison Value Fund Dryden US Equity Active Extension Fund MoneyMart Assets, Inc. Prudential Institutional Liquidity Portfolio, Inc. Institutional Money Market Series Prudential Investment Portfolios, Inc. Dryden Active Allocation Fund JennisonDryden Asset Allocation Funds JennisonDryden Conservative Allocation Fund JennisonDryden Moderate Allocation Fund JennisonDryden Growth Allocation Fund Jennison Growth Fund Jennison Equity Opportunity Fund Prudential World Fund, Inc. Dryden International Equity Fund Dryden International Value Fund Nicholas-Applegate Fund, Inc. Strategic Partners Opportunity Funds Dryden Strategic Value Fund Jennison Select Growth Fund Strategic Partners Style Specific Funds, Inc. Jennison Conservative Growth Fund Dryden Small Capitalization Value Fund Target Asset Allocation Funds, Inc. Target Conservative Allocation Fund Target Growth Allocation Fund Target Moderate Allocation Fund Strategic Partners Mutual Funds, Inc. Dryden Mid-Cap Value Fund Jennison Equity Income Fund Dryden Money Market Fund

Supplement dated March 19, 2008 to the Prospectus

This supplement amends the Prospectus of each of the Funds referenced above and is in addition to any existing supplement to a Fund’s Prospectus.

The section of the prospectus under the heading How to Buy, Sell, and Exchange Shares of the Fund – How to Buy Shares – Reducing or Waiving Class A’s Initial Sales Charge - Other Types of Investors is hereby deleted and replaced with the following:

Other Types of Investors. Certain other types of investors may purchase Class A shares without paying the sales charge, including:

• certain directors, officers, employees (including their spouse, children and parents) of Prudential and its affiliates, the JennisonDryden mutual funds, and the investment subadvisers of the JennisonDryden mutual funds;

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• persons who have retired directly from active service with Prudential or one of its subsidiaries;

• certain real estate brokers, agents and employees of real estate brokerage companies affiliated with the Prudential Real Estate Affiliates;

• registered representatives and employees of broker-dealers that have entered into dealer agreements with the Distributor; and

• investors in Individual Retirement Accounts (IRAs), provided that: (a) the purchase is made either from a directed rollover to such IRA or with the proceeds of a tax-free rollover of assets from a Benefit Plan for which Prudential Retirement (the institutional Benefit Plan recordkeeping entity of Prudential) provides administrative or recordkeeping services, in each case provided that such purchase is made within 60 days of receipt of the Benefit Plan distribution, or (b) the Individual Retirement Account is established through Prudential Retirement as part of its "Rollover IRA" program (regardless of whether or not the purchase consists of proceeds of a tax-free rollover of assets from a Benefit Plan described above).

To qualify for a waiver of the Class A sales charge at the time of purchase, you must notify the Transfer Agent or the Distributor must be notified by the broker facilitating the purchase that the transaction qualifies for a waiver of the Class A sales charge. The waiver will be granted subject to confirmation of your account holdings.

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