By Fund

Performance

Fund Share Prices as of market close, 9/7/2010

	NAV^#	CHANGE^##
Class A (Symbol: JDAAX)	11.05	-0.12
Class B (Symbol: JDGBX)	10.82	-0.13
Class C (Symbol: JDGCX)	10.83	-0.13
Class R (Symbol: JGARX)	11.01	-0.13
Class Z (Symbol: JDGZX)	11.11	-0.13

# "NAV" (Net Asset Value) is the $U.S. value of a single share of a fund, excluding any sales charges.

## "CHANGE" shows the change in $U.S. value over the previous day:

= Gain,

= Loss,

= No Change.

See Prices & Yields of other Prudential Investments Mutual Funds.

Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost. Maximum sales charges: Class A, 5.5%; Class B, 5.0%; and Class C, 1.0%.

Average Annual Total Returns

	Total Return (with sales charges) as of 8/31/2010					Total Return (without sales charges) as of 8/31/2010					Lipper Average as of 8/31/2010
Class	A	B	C	R	Z	A	B	C	R	Z
Year-to-Date	N/A	N/A	N/A	N/A	N/A	-4.99	-5.43	-5.43	-5.09	-4.88	-4.51
1-Year	-0.74	-0.72	3.28	4.80	5.32	5.04	4.28	4.28	4.80	5.32	5.20
3-Year	-8.83	-8.64	-7.74	-7.32	-6.87	-7.10	-7.77	-7.74	-7.32	-6.87	-8.06
5-Year	-0.89	-0.67	-0.46	N/A	0.47	0.24	-0.48	-0.46	N/A	0.47	-0.63
10-Year	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.32
Since Incpt.	1.85	2.01	2.02	-4.95	3.01	2.75	2.01	2.02	-4.95	3.01	1.30

See Daily Returns and Quarterly SEC Standardized Performance.

See Calendar Year Performance for the Prudential Growth Allocation Fund.

Total return describes the return to the investor before any sales charges are imposed. Lipper average is unmanaged, is based on the average return of all funds in this category, and does not take into consideration applicable sales charges. Unless noted otherwise, Lipper averages and index returns reflect performance beginning the closest month-end date to the Fund's inception. Benchmark since inception average is based on Class A inception date. SEC standardized return describes the return to the investor after maximum sales charges are imposed. All returns assume share price changes, as well as the compounding effect of reinvested dividends and capital gains. Returns may reflect fee waivers and/or expense reimbursements. Without such, returns would be lower.

Inception: Class A, B, C, and Z, 3/30/2004; Class R, 1/12/2007.

Morningstar Ratings as of 7/31/2010

Class	Overall	3-Year	5-Year
A	out of 1,792 funds	out of 1,792 funds	out of 1,471 funds
B	out of 1,792 funds	out of 1,792 funds	out of 1,471 funds
C	out of 1,792 funds	out of 1,792 funds	out of 1,471 funds
R	out of 1,792 funds	out of 1,792 funds	out of 1,471 funds
Z	out of 1,792 funds	out of 1,792 funds	out of 1,471 funds

The Morningstar Rating may not be customarily calculated based on adjusted historical returns. If so, this investment's independent Morningstar Rating metric is compared against the retail mutual fund universe breakpoints to determine its hypothetical rating for certain time periods. Other share classes may have different performance characteristics. Past performance does not guarantee future results. For each fund with at least a 3-year history, Morningstar calculates a Morningstar rating (based on a Morningstar risk-adjusted return measure that accounts for variation in a fund's monthly performance, including the effects of sales charges), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, and the next 35% receive 3 stars (each share class is rated separately, which may cause slight variations in the distribution percentages). The overall Morningstar rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar rating metrics. The Fund was rated against U.S.-domiciled funds.
© 2010 Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Growth of $10,000

	Fund Return	$11,638
Class A	^*Benchmark Return	$10,668

^*Lipper Multi-Cap Core Funds Average

This chart represents historical performance and does not assume the effects of sales charges. If shown with sales charges, performance would have been lower. Lipper Multi-Cap Core Funds invest in a variety of market-capitalization ranges without concentrating 75% of their equity assets in any one market-capitalization range over an extended period of time and typically have average characteristics compared to the S&P SuperComposite 1500 Index. The S&P SuperComposite 1500 Index offers diversified market-cap U.S. market coverage. An investment cannot be made directly in an index or an average. All indexes and averages are unmanaged.

Fund Facts & Holdings

Objective: Long-term capital appreciation. There can be no assurance that the Fund's objective will be achieved.

Dividends: Paid annually, if any.

Capital Gains: Paid annually, if any.

See Dividend and Capital Gains Distributions.

See most recent complete Portfolio Holdings list.

The following information is as of 7/31/2010 and is subject to change.

Total Net Assets: $71 million

Target Allocation by Fund
Prudential International Equity Fund	19.0 %
Prudential Jennison Value Fund	10.0
Prudential Jennison 20/20 Focus Fund	10.0
Prudential Small-Cap Core Equity Fund, Inc.	9.0
Prudential Total Return Bond Fund, Inc.	8.0
Prudential Jennison Mid-Cap Growth Fund, Inc.	7.0
Prudential Jennison Equity Opportunity Fund	7.0
Prudential Large-Cap Core Equity Fund	6.0
Prudential Mid-Cap Value Fund	6.0
Prudential Global Real Estate Fund	5.0
Prudential Jennison Market Neutral Fund	5.0
Prudential Jennison Growth Fund	4.0
Prudential Jennison Natural Resources Fund, Inc.	4.0
Top Thirteen (of )	100.0

Portfolio Composition (% of Assets)
Stocks	78.3 %
Bonds	6.9
Specialty	13.8
Cash & Equivalents	1.0

Target Allocation by Investment Style
US Small/Mid-Cap	26.0 %
International Equity	23.0
US Large-Cap Value	15.0
US Large-Cap Growth	14.0
Interm. Term Bond	7.0
Global Real Estate	5.0
Market Neutral	5.0
Natural Resources	4.0
High Yield Bond	1.0

Fund Statistics
Standard Deviation (3 Year)	21.56

All data is unaudited and subject to change.

The Fund is exposed to the same types of risks as the underlying funds in which it invests. These risks include small- and mid-cap stocks, which may be subject to more erratic market movements than large-cap stocks; high yield ("junk") bonds, which are subject to greater credit and market risks; foreign securities, which are subject to currency fluctuation and political uncertainty; short sales, which involve costs and the risks of potentially unlimited losses; leveraging, which may magnify losses; and derivative securities, which may carry market, credit, and liquidity risks. These risks may result in greater share price volatility. There is no assurance the Fund's objective will be achieved.

Standard deviation depicts how widely returns vary around its average and is used to understand the range of returns most likely for a given fund. A higher standard deviation generally implies greater volatility. Due to data availability, statistics may not be as of the current reporting period.

Source: Prudential Investment Management, Inc. (PIM) and Lipper Inc. PIM is a Prudential Financial company.

Fund Managers

The Prudential Growth Allocation Fund invests in a combination of equity and fixed income funds within the Prudential Investments Mutual Fund Family.

The Fund's portfolio is constructed in consultation with Ibbotson Associates, which is well known throughout the investment industry as an experienced and objective provider of asset allocation products. Founded in 1977, Ibbotson uses leading-edge technology and in-depth economic and investment research in seeking to reduce risk and improve performance for clients. Ibbotson uses a number of quantitative and qualitative techniques to develop capital market expectations, recommend asset class models, evaluate the underlying funds, recommend portfolio construction, and monitor results.

The following portfolio managers from Quantitative Management Associates (QMA) are responsible for the day-to-day management and portfolio rebalancing for the Prudential Growth Allocation Fund. QMA has been a leader in the application of advanced portfolio management techniques to meet its clients' investments needs since 1975.

Ted Lockwood is a managing director for QMA and head of QMA's asset allocation area. He is also responsible for managing asset allocation and equity portfolios, investment research, and new product development. Previously, Ted was an AT&T Bell Laboratories Fellow and member of the technical staff at AT&T. Ted graduated summa cum laude with a BE in Engineering from Stony Brook University and earned an MS in Engineering and an MBA in Finance from Columbia University.

Joel M. Kallman, CFA, is an investment associate for QMA. Joel is a portfolio manager and a member of the asset allocation team's investment committee. He also conducts economic and market valuation research. Joel has also held various positions within Prudential's fixed income group, in areas such as high-yield credit analysis and performance reporting. He earned a BS and MBA in Finance from Rutgers University. He is also a member of the New York Society of Security Analysts and holds the Chartered Financial Analyst (CFA) designation.

Subadvisers:
Quantitative Management Associates LLC, Jennison Associates, Prudential Fixed Income, and Prudential Real Estate Investors.

Quantitative Management Associates LLC, is a wholly owned subsidiary of Prudential Investment Management, LLC (PIM). PREI^® and Prudential Fixed Income are units of PIM. Jennison Associates and PIM are Registered Investment Advisors and Prudential Financial companies.

Prospectus & Shareholder Reports

Prudential Growth Allocation Fund:

Prospectus (PDF pdf

Statement of Additional Information

See Sales Load Breakpoints.

See Prospectuses & Shareholder Reports of other Prudential Investments Mutual Funds.