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PRUDENTIAL WORLD FUND, INC.
Prudential Emerging Markets Debt Local Currency Fund

(the “Fund”)

Supplement dated September 23, 2016 to the Currently Effective Prospectus and Summary Prospectus

Effective as of October 1, 2016, the Fund’s existing contractual cap on Fund expenses will be enhanced. To reflect these changes, the Fund’s Prospectus is hereby revised as follows, effective as of October 1, 2016:

 

 

1.In the Summary Prospectus and Prospectus section entitled Fund Summary—Fund Fees and Expenses, the Annual Fund Operating Expenses table is deleted and replaced with the following new table:
2.

 

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
  Class A Class C Class Q Class Z
Management fees .80% .80% .80% .80%
+ Distribution and service (12b-1) fees .25% 1.00% None None
+ Other expenses 1.31% 1.31% 1.21% 1.31%
= Total annual Fund operating expenses 2.36% 3.11% 2.01% 2.11%
– Fee waiver and/or expense reimbursement (1.23)% (1.23)% (1.13)% (1.23)%
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement(1) 1.13% 1.88% 0.88% 0.88%

 

(1) The Manager has contractually agreed, through February 28, 2018, to reimburse and/or waive fees so that the Fund’s net annual operating expenses (exclusive of distribution and service (12b-1) fees, acquired fund fees and expenses, taxes, interest and brokerage commissions, and extraordinary expenses) of each class of shares is limited to 0.88% of the Fund's average daily net assets. This waiver may not be terminated prior to February 28, 2018 without the prior approval of the Fund’s Board of Directors.

 

 

 

 

 

 

 

 

 

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3.In the Summary Prospectus and Prospectus section entitled Fund Summary—Fund Fees and Expenses—Example, the table is deleted and replaced with the following new table:

 

  If Shares Are Redeemed If Shares Are Not Redeemed
Share Class 1 Year 3 Years 5 Years 10 Years 1 Year 3 Years 5 Years 10 Years
Class A $560 $1,041 $1,547 $2,935 $560 $1,041 $1,547 $2,935
Class C $291 $845 $1,523 $3,335 $191 $845 $1,523 $3,335
Class Q $90 $521 $978 $2,247 $90 $521 $978 $2,247
Class Z $90 $542 $1,021 $2,344 $90 $542 $1,021 $2,344

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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