Fund Description

The fund was incepted in November 1992 and is managed by Prudential Investment Management. The objective of this fund is to provide investment results that correspond to the price and yield performance of the S&P 500 Index. The fund invests at least 80% of its assets in securities included in the S&P 500 Index in the same proportion as those of the Index. The fund tries to achieve a correlation of at least 0.95 between its performance and the performance of the S&P 500 Index, with or without taking expenses into account. The fund offers dividends and capital gains annually.