-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PfZkLXj+pH4+Zc6bjj2X2Vu/HKJ/VR1M6fTbTIzYv0eEIVHl90Dupj1AoFSfsOSU /Yfhz49qovGEG4luxPv+XA== 0000887318-09-000144.txt : 20090429 0000887318-09-000144.hdr.sgml : 20090429 20090429140435 ACCESSION NUMBER: 0000887318-09-000144 CONFORMED SUBMISSION TYPE: NSAR-A PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20090228 FILED AS OF DATE: 20090429 DATE AS OF CHANGE: 20090429 EFFECTIVENESS DATE: 20090429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JENNISON BLEND FUND, INC. CENTRAL INDEX KEY: 0000356683 IRS NUMBER: 133104589 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: NSAR-A SEC ACT: 1940 Act SEC FILE NUMBER: 811-03336 FILM NUMBER: 09778549 BUSINESS ADDRESS: STREET 1: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 9738026469 MAIL ADDRESS: STREET 1: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: STRATEGIC PARTNERS EQUITY FUND INC DATE OF NAME CHANGE: 20030716 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL EQUITY FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL BACHE EQUITY FUND INC DATE OF NAME CHANGE: 19920603 0000356683 S000004514 Jennison Blend Fund, Inc. 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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 $0.0279, 0.0 " 2. Dividends for a second class of open-end company shares $ 0.0, 0.0573 B) Distribution of capital gains ---------------$0.0000 C) Other distributions --------------------------------- $ 0.0000 SCREEN NUMBER: 34 This page being (Continued from Screen 35) filed for series 0. 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)$9.54, 9.21 2. Net asset value per share of a second class of open-end " company shares (to nearest cent) $9.21, 9.52 W) Mark-to-market net asset value per share for money market funds only (to 4 decimals) -----------------$ 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. Jennison Blend Fund, Inc. EX-99.77D POLICIES 3 exhibit77d1.txt EXHIBIT 77D Jennison Blend Fund, Inc. For the fiscal period ended 8/31/2008 File No. 811-03336 EXHIBIT 77D(1) Policies With Respect to Security Investment JENNISON BLEND FUND, INC. Supplement dated November 24, 2008 to the Prospectus and Statement of Additional Information dated October 31, 2007 This Supplement replaces the supplement dated November 10, 2008 to the Prospectus and Statement of Additional Information dated October 31, 2007 of Jennison Blend Fund, Inc. On November 6, 2008, the Board of Directors (?the Board?) for Jennison Blend Fund, Inc. (?the Fund?) approved revisions to certain non-fundamental investment policies for the Fund. The Board approved revisions that would allow the Fund to increase its investment weightings in small- and mid-cap equity and equity- related securities. The Fund is currently classified by Lipper, Inc. as a large-cap core fund. The recently approved changes described below will be incorporated into the Fund?s new Prospectus to be effective with the Securities and Exchange Commission in December 2008, and will be implemented on or about January 29, 2009. The following table indicates the current and revised investment policies: Current Policy Revised Policy Our investment objective is long-term growth of capital. This means we seek investments whose price will increase over several years. We normally invest at least 80% of the Fund's investable assets in the equity and equity-related securities of major, established companies. These are companies that we believe are in sound financial condition and have the potential for price appreciation greater than broadly-based stock indexes such as the Standard & Poor's 500 Composite Stock Price Index (S&P 500 Index) or the Russell 1000 Index (Russell 1000 Index) at valuations comparable to that of the indices. In deciding which securities to buy, our portfolio managers use a blend of investment styles. That is, we invest in equity and equity-related securities from traditionally growth and value areas, as well as stocks exhibiting characteristics of both. Our investment objective is long-term growth of capital. This means we seek investments whose price will increase over several years. We normally invest at least 80% of the Fund's investable assets in equity and equity- related securities. We may invest in securities of issuers of any market capitalization-size. In deciding which securities to buy, our portfolio managers use a blend of investment styles. That is, we invest in equity and equity-related securities from traditionally growth and value areas, as well as stocks exhibiting characteristics of both. We use quantitative analytics to complement our fundamental investment process, and to provide additional investment insights on which investment decisions may be made from time to time. As a consequence of the Fund?s potential increased weighting in small- and mid-cap equity and equity ? related securities, the Fund will discontinue usage of the Standard and Poor?s 500 Composite Stock Price Index and the Russell 1000 Index as performance benchmarks. Going forward, the Fund will use the Russell 3000 Index as a performance benchmark. Because of the Fund?s potential increased exposure to small- and mid-cap equity and equity-related securities, the portfolio management team will be expanded to include John Mullman, Mehdi Mahmud, and Jason McManus. Mr. Mullman currently leads Jennison?s small and mid-cap portfolio management team. Messrs. Mahmud and McManus will be responsible for managing the aggregate market capitalization and style exposures of the Fund, and will also have oversight of the quantitative analytical tools used to support the strategy. Their expertise is in quantitative research and portfolio analytics. Blair Boyer, David Kiefer, and Spiros ?Sig? Segalas will remain as Portfolio Managers for the Fund. LR00255 EX-99.77D POLICIES 4 exhibit77d2.txt EXHIBIT 77D Jennison Blend Fund, Inc. For the fiscal period ended 8/31/2008 File No. 811-03336 EXHIBIT 77D(2) Policies With Respect to Security Investment Jennison 20/20 Focus Fund Jennison Blend Fund, Inc. Jennison Natural Resources Fund, Inc. Jennison Small Company Fund, Inc. Jennison Mid-Cap Growth Fund, Inc. JennisonDryden Portfolios JennisonDryden Opportunity Funds Dryden California Municipal Fund Dryden Global Total Return Fund, Inc. Dryden Government Income Fund, Inc. Dryden Government Securities Trust Dryden High Yield Fund, Inc. Dryden Index Series Fund, Inc. Dryden Municipal Bond Fund Dryden National Municipals Fund, Inc. Dryden Short-Term Bond Fund, Inc. Dryden Small-Cap Core Equity Fund, Inc. Dryden Tax-Managed Funds Dryden Total Return Bond Fund, Inc. MoneyMart Assets, Inc. Prudential Investment Portfolios, Inc. Prudential Sector Funds, Inc. Prudential World Fund, Inc. Nicholas-Applegate Fund, Inc. Strategic Partners Mutual Funds, Inc. Strategic Partners Style Specific Funds, Inc. Target Asset Allocation Funds, Inc. Supplement dated December 3, 2008 to the Prospectus This supplement amends the Prospectus of each of the Funds referenced below, replaces the supplement dated December 2, 2008, and is in addition to any other existing supplement to a Fund?s Prospectus. Jennison 20/20 Focus Fund Jennison Blend Fund, Inc. Jennison Conservative Growth Fund Jennison Equity Opportunity Fund Jennison Financial Services Fund Jennison Growth Fund Jennison Health Sciences Fund Jennison Natural Resources Fund, Inc. Jennison Select Growth Portfolio Jennison Small Company Fund, Inc. Jennison Utility Fund Jennison Value Fund JennisonDryden Conservative Allocation Fund JennisonDryden Moderate Allocation Fund JennisonDryden Growth Allocation Fund Jennison Small Cap Opportunity Fund Jennison Equity Income Fund Target Conservative Allocation Fund Target Moderate Allocation Fund Target Growth Allocation Fund Nicholas-Applegate Growth Equity Fund Dryden Active Allocation Fund Dryden Global Total Return Fund Dryden Government Income Fund Dryden High Yield Fund Dryden International Equity Fund Dryden International Value Fund Dryden Large Cap Core Equity Fund Dryden Money Market Fund Dryden Mid-Cap Value Fund Dryden National Municipals Fund Dryden Short-Term Corporate Bond Fund Dryden Small-Cap Core Equity Fund Dryden Small Capitalization Value Fund Dryden Stock Index Fund Dryden Strategic Value Fund Dryden Total Return Bond Fund Dryden US Equity Active Extension Fund California Income Series High Income Series Insured Series Money Market Series MoneyMart Assets 1. The following is added as a new paragraph immediately preceding the header, ?How to Sell Your Shares ? Restrictions on Sales?: As a result of restrictions on withdrawals and transfers imposed by Section 403(b) of the Internal Revenue Code, we may consider a redemption request to not be in good order until we obtain information from your employer that is reasonably necessary to ensure that the payment is in compliance with such restrictions, if applicable. In such an event, the redemption request will not be in good order and we will not process it until we obtain information from your employer. 2. The following is added at the end of the paragraph captioned ?How to Buy Shares ? Reducing or Waiving Class A?s Initial Sales Charge ? Group Retirement Plans? and at the end of the paragraph captioned ?How to Buy Shares ? Qualifying for Class Z Shares ?Group Retirement Plans?: The JennisonDryden mutual funds and Prudential Trust Company, the custodian for the 403(b) participant custodial accounts, have collectively decided to discontinue offering participant-directed 403(b) custodial accounts. Effective January 1, 2009, the Fund will no longer accept contributions for investment into participant-directed 403(b) custodial accounts for which Prudential Trust Company serves as the custodian under the employer?s written plan. Contributions received after December 31, 2008 on your behalf from your employer will be returned to your employer. This change does not affect any investments you may have under a 403(b) annuity contract with Prudential Retirement. Future investment in the Fund through a 403(b) plan may be available through a custodial account held with your employer?s third party administrator. You should check with your employer to determine if this is an option. LR00257 EX-99.77D POLICIES 5 exhibit77d3.txt EXHIBIT 77D Jennison Blend Fund, Inc. For the fiscal period ended 8/31/2008 File No. 811-03336 EXHIBIT 77D(3) Policies With Respect to Security Investment December 30, 2008 Dear Shareholder, Your Fund?s Board of Directors recently approved a policy change that will be implemented on or about January 29, 2009, that grants the Fund the increased flexibility to invest in companies across all market capitalizations. Currently, the Fund primarily invests in large-cap stocks. The Fund will continue to provide exposure to large-cap stocks, and moving forward, will offer the potential for further diversification benefits by including additional small- and mid-caps stocks. Please see the Risk/Return Summary ? Investment Objectives and Principal Strategies section of the enclosed prospectus for further details. Also, the Fund?s asset manager has allocated additional portfolio manager and analyst resources with experience in researching and investing in small- and mid-cap stocks, as well as making allocations among market capitalizations and styles. Please see the How the Fund is Managed ? Portfolio Managers section of the enclosed prospectus for more information on these professionals. Since the Fund will be investing across all market capitalizations, the Russell 3000 Index, which covers 98% of the U.S. equity market, will be used as the benchmark to compare the Fund?s performance. See the Risk/Return Summary ? Evaluating Performance section of the enclosed prospectus for further details. As always, we at JennisonDryden Mutual Funds remain committed to helping investors like you reach your financial objectives by offering a wide range of investment choices for purchase and exchange. Therefore, in the event you wish to maintain your investment primarily in large-cap stocks, we invite you to consult with your financial professional and consider our other fund offerings into which you can exchange your current investment. Continued> For more information about our family of funds, visit www.jennisondryden.com. Thank you for choosing JennisonDryden Mutual Funds. Sincerely, Judy A. Rice, President Jennison Blend Fund, Inc. Consider the Fund's investment objective, risks, charges, and expenses carefully before investing. The prospectus contains this and other information about the Fund. Contact your financial professional for a prospectus and read it carefully before investing. Mutual funds are distributed by Prudential Investment Management Services LLC, a Prudential Financial company and member SIPC. Jennison, Dryden, JennisonDryden, Target, Pru, Prudential Financial, and the Rock Prudential logo are registered service marks of The Prudential Insurance Company of America, Newark, NJ, and its affiliates. Mutual funds are not insured by the FDIC or any federal government agency, are not a deposit of or guaranteed by any bank or any bank affiliate, and may lose value. -----END PRIVACY-ENHANCED MESSAGE-----