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Conservative Balanced Portfolio

Small Capitalization Stock Portfolio

Stock Index Portfolio


Supplement dated July 20, 2016 to the

Currently Effective Summary Prospectus


This supplement should be read in conjunction with the currently effective Summary Prospectuses for the Conservative Balanced Portfolio, the Small Capitalization Stock Portfolio, and the Stock Index Portfolio (the Portfolios) and should be retained for future reference. The portfolios discussed in this supplement may not be available under your variable contract. For more information about the portfolios available under your variable contract, please refer to your contract prospectus. Defined terms herein and not otherwise defined herein shall have meanings given to them in the PSF Prospectus.



A. Retirement of Portfolio Manager


Daniel Carlucci, CFA, who currently serves as a portfolio manager at Quantitative Management Associates LLC (QMA) and who is one of the QMA portfolio managers responsible for the day-to-day management of each of the Portfolios, has announced his intention to retire from QMA at the end of 2016. The Portfolios’ other portfolio managers are expected to continue to serve as portfolio managers following Mr. Carlucci’s retirement.


B. Addition of New Portfolio Manager


Effective September 30, 2016, Edward Louie will become a portfolio manager for the Small Capitalization Stock Portfolio and the Stock Index Portfolio. To reflect this change, the Summary Prospectuses for the Small Capitalization Stock Portfolio and the Stock Index Portfolio are hereby revised as follows, effective September 30, 2016:


        I.            The following information is added to the table entitled “Management of the Portfolio” section of the Summary Prospectus for both the Small Capitalization Stock Portfolio and the Stock Index Portfolio:


Investment Managers Subadvisers Portfolio Managers Title Service Date
Prudential Investments LLC Quantitative Management Associates LLC Edward Louie Portfolio Manager September 2016