0001193125-18-210786.txt : 20180702 0001193125-18-210786.hdr.sgml : 20180702 20180702101525 ACCESSION NUMBER: 0001193125-18-210786 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20180702 DATE AS OF CHANGE: 20180702 EFFECTIVENESS DATE: 20180702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL INVESTMENT PORTFOLIOS, INC. CENTRAL INDEX KEY: 0000949512 IRS NUMBER: 133851144 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-61997 FILM NUMBER: 18931421 BUSINESS ADDRESS: STREET 1: 655 BROAD ST. 17TH FLOOR STREET 2: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 973-802-6469 MAIL ADDRESS: STREET 1: 655 BROAD ST. 17TH FLOOR STREET 2: 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL INVESTMENT PORTFOLIOS INC DATE OF NAME CHANGE: 19980612 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL JENNISON SERIES FUND INC DATE OF NAME CHANGE: 19960911 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL JENNISON FUND INC DATE OF NAME CHANGE: 19950906 0000949512 S000004632 PGIM BALANCED FUND C000012613 Class A PIBAX C000012614 Class B PBFBX C000012615 Class C PABCX C000012616 Class Z PABFX C000012617 Class R PALRX C000195486 Class R6 497 1 d620418d497.htm PRUDENTIAL INVESTMENT PORTFOLIOS, INC. PRUDENTIAL INVESTMENT PORTFOLIOS, INC.

The Prudential Investment Portfolios, Inc.

655 Broad Street, 17th Floor

Newark, New Jersey 07102

July 2, 2018

VIA EDGAR

U.S. Securities and Exchange Commission

450 Fifth Street, N.W.

Washington, D.C. 20549

Re: 497 Filing for PGIM Balanced Fund

     Registration numbers 33-61997 and 811-07343

Dear Sir or Madam:

We are filing today via EDGAR an exhibit under Rule 497 containing interactive data format risk/return summary information. The exhibit mirrors the risk/return summary information in a supplement, dated June 22, 2018 (SEC accession number 0000067590-18-001085), to the Prospectus, dated November 28, 2017 (as reissued June 11, 2018). The purpose of the filing is to submit the 497 filing dated June 22, 2018 in XBRL for the Fund.

Thank you for your attention to this filing. Please direct any questions regarding this filing to the undersigned at (973) 802-6469.

Sincerely,

/s/ Jonathan D. Shain

Jonathan D. Shain

Assistant Secretary

EX-101.INS 2 pipi-20180622.xml XBRL INSTANCE DOCUMENT 0000949512 2017-11-28 2017-11-28 0000949512 pipi:S000004632Member 2017-11-28 2017-11-28 0000949512 pipi:S000004632Member pipi:C000012613Member 2017-11-28 2017-11-28 0000949512 pipi:S000004632Member pipi:C000012614Member 2017-11-28 2017-11-28 0000949512 pipi:S000004632Member pipi:C000012615Member 2017-11-28 2017-11-28 0000949512 pipi:S000004632Member pipi:C000012617Member 2017-11-28 2017-11-28 0000949512 pipi:S000004632Member pipi:C000012616Member 2017-11-28 2017-11-28 0000949512 pipi:S000004632Member pipi:C000195486Member 2017-11-28 2017-11-28 pure iso4217:USD 2017-11-28 497 2017-09-30 PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 0000949512 false 2018-06-22 2018-06-22 <center><b>The Prudential Investment Portfolios, Inc.</b><br/>PGIM Balanced Fund</center> <br/><center>Supplement dated June 22, 2018 to the Currently Effective Summary Prospectus and Prospectus<br/><br/> </center><p style=" margin: 0; text-align: center; border-bottom: black 1.5pt solid"></p> <p style=" margin: 0">Effective as of July 1, 2018, the Fund's existing contractual cap on Fund expenses will be enhanced. To reflect these changes, the Fund's Summary Prospectus and Prospectus is hereby revised as follows, effective as of July 1, 2018:</p> <p style=" margin: 0">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style=" margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">1.</td><td>In the Summary Prospectus and Prospectus, in the section entitled Fund Summary&#8212;Fund Fees and Expenses, the Annual Fund Operating Expenses table is deleted and replaced with the following new table:<br/> </td></tr></table> <p style=" margin: 0">&nbsp;</p> <table cellspacing="0" cellpadding="0" style=" width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td colspan="7" style="border: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b></td></tr> <tr style="vertical-align: top"> <td style="width: 30%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">&nbsp;</td> <td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class A </b></td> <td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class B </b></td> <td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class C </b></td><td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class R </b></td><td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class Z </b></td><td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class R6<sup>(1)</sup></b></td></tr><tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">Management fees </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">+ Distribution and service (12b-1) fees </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.30</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.00</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.00</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.75</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">None</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">None</td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">+ Other expenses<sup>(2)</sup> &nbsp;</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.22</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.44</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.20</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.15</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.22</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">70.28</td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">= Total annual Fund operating expenses </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.17</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2.09</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.85</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2.55</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.87</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">70.93</td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">&#8211; Fee waiver and/or expense reimbursement</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(0.17)</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(0.07)</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(0.07)</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(0.92)</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(0.07)</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(70.28)</td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">= Total annual Fund operating expenses after fee waiver and/or expense reimbursement<sup>(3)(4)</sup></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.00%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2.02%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.78%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.63%</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.80%</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td></tr> </table> <p style=" margin: 4pt 0 0">&nbsp;</p> <p style=" margin: 0">(1) Formerly known as Class Q.</p> <p style=" margin: 0">(2) Expense information in the table has been restated to reflect current fees.</p> <p style=" margin: 0">(3) PGIM Investments LLC (PGIM Investments) has contractually agreed, through January 31, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.00% of average daily net assets for Class A shares, 1.63% of average daily net assets for Class R shares and 0.65% of average daily net assets for Class R6 shares. This contractual expense limitation excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class. &nbsp;In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to January 31, 2020 without the prior approval of the Fund's Board of Directors.</p> <p style=" margin: 0">(4) The distributor of the Fund has contractually agreed through January 31, 2019 to reduce its distribution and service (12b-1) fees for the Fund's Class R shares to 0.50% of the average daily net assets of the Class R shares of the Fund. This waiver may not be terminated prior to January 31, 2019 without the prior approval of the Fund's Board of Directors.</p> <div style="margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&nbsp;</td></tr></table></div> <div style="page-break-before: always; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&nbsp;</td></tr></table></div> <p style=" margin: 0 0 10pt">&nbsp;</p> <p style=" margin: 0">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style=" margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">2.</td><td>In the Summary Prospectus and Prospectus, in the section entitled Fund Summary&#8212;Fund Fees and Expenses, the Example is deleted and replaced with the following new table:</td></tr></table> <p style=" margin: 0">&nbsp;</p> <table cellspacing="0" cellpadding="0" style=" width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="border: black 1pt solid; padding-bottom: 10pt; line-height: 115%">&nbsp;</td> <td colspan="4" style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>If Shares Are Redeemed</b></td> <td colspan="4" style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>If Shares Are Not Redeemed</b></td></tr> <tr style="vertical-align: top"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Share Class </b></td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1 Year </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">3 Years </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">5 Years </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">10 Years </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1 Year </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">3 Years </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">5 Years </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">10 Years </td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class A </b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$646 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$886 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$1,143 </td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$1,880 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$646 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$886 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$1,143 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$1,880 </td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class B </b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">705 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">948 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,217 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,069 </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">205 </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">648 </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,117 </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,069 </td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class C </b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">281 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">575 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">994 </td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,163 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">181 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">575 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">994 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,163 </td></tr><tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class R </b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">166 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">710 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,282 </td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,839 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">166 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">710 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,282 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,839 </td></tr><tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class Z </b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">82 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">271 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">475 </td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,066 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">82 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">271 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">475 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,066 </td></tr><tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class R6</b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">66 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">6,718 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">7,491 </td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">7,592 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">66 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">6,718 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">7,491 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">7,592 </td></tr> </table> <center><b>The Prudential Investment Portfolios, Inc.</b><br/>PGIM Balanced Fund</center> <br/><center>Supplement dated June 22, 2018 to the Currently Effective Summary Prospectus and Prospectus<br/><br/> </center><p style=" margin: 0; text-align: center; border-bottom: black 1.5pt solid"></p> <p style=" margin: 0">Effective as of July 1, 2018, the Fund's existing contractual cap on Fund expenses will be enhanced. To reflect these changes, the Fund's Summary Prospectus and Prospectus is hereby revised as follows, effective as of July 1, 2018:</p> <p style=" margin: 0">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style=" margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">1.</td><td>In the Summary Prospectus and Prospectus, in the section entitled Fund Summary&#8212;Fund Fees and Expenses, the Annual Fund Operating Expenses table is deleted and replaced with the following new table:<br/> </td></tr></table> <p style=" margin: 0">&nbsp;</p> <table cellspacing="0" cellpadding="0" style=" width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td colspan="7" style="border: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b></td></tr> <tr style="vertical-align: top"> <td style="width: 30%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">&nbsp;</td> <td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class A </b></td> <td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class B </b></td> <td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class C </b></td><td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class R </b></td><td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class Z </b></td><td style="width: 9%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class R6<sup>(1)</sup></b></td></tr><tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">Management fees </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">+ Distribution and service (12b-1) fees </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.30</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.00</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.00</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.75</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">None</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">None</td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">+ Other expenses<sup>(2)</sup> &nbsp;</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.22</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.44</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.20</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.15</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.22</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">70.28</td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">= Total annual Fund operating expenses </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.17</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2.09</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.85</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2.55</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.87</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">70.93</td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">&#8211; Fee waiver and/or expense reimbursement</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(0.17)</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(0.07)</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(0.07)</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(0.92)</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(0.07)</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">(70.28)</td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">= Total annual Fund operating expenses after fee waiver and/or expense reimbursement<sup>(3)(4)</sup></td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.00%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2.02%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.78%</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1.63%</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.80%</td><td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">0.65%</td></tr> </table> <p style=" margin: 4pt 0 0">&nbsp;</p> <p style=" margin: 0">(1) Formerly known as Class Q.</p> <p style=" margin: 0">(2) Expense information in the table has been restated to reflect current fees.</p> <p style=" margin: 0">(3) PGIM Investments LLC (PGIM Investments) has contractually agreed, through January 31, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.00% of average daily net assets for Class A shares, 1.63% of average daily net assets for Class R shares and 0.65% of average daily net assets for Class R6 shares. This contractual expense limitation excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class. &nbsp;In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to January 31, 2020 without the prior approval of the Fund's Board of Directors.</p> <p style=" margin: 0">(4) The distributor of the Fund has contractually agreed through January 31, 2019 to reduce its distribution and service (12b-1) fees for the Fund's Class R shares to 0.50% of the average daily net assets of the Class R shares of the Fund. This waiver may not be terminated prior to January 31, 2019 without the prior approval of the Fund's Board of Directors.</p> <div style="margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&nbsp;</td></tr></table></div> <div style="page-break-before: always; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&nbsp;</td></tr></table></div> <p style=" margin: 0 0 10pt">&nbsp;</p> <p style=" margin: 0">&nbsp;</p> <table cellpadding="0" cellspacing="0" width="100%" style=" margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">2.</td><td>In the Summary Prospectus and Prospectus, in the section entitled Fund Summary&#8212;Fund Fees and Expenses, the Example is deleted and replaced with the following new table:</td></tr></table> <p style=" margin: 0">&nbsp;</p> <table cellspacing="0" cellpadding="0" style=" width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="border: black 1pt solid; padding-bottom: 10pt; line-height: 115%">&nbsp;</td> <td colspan="4" style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>If Shares Are Redeemed</b></td> <td colspan="4" style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>If Shares Are Not Redeemed</b></td></tr> <tr style="vertical-align: top"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Share Class </b></td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1 Year </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">3 Years </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">5 Years </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">10 Years </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1 Year </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">3 Years </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">5 Years </td> <td style="width: 10%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 10pt; line-height: 115%">10 Years </td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class A </b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$646 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$886 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$1,143 </td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$1,880 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$646 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$886 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$1,143 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">$1,880 </td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class B </b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">705 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">948 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,217 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,069 </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">205 </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">648 </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,117 </td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,069 </td></tr> <tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class C </b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">281 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">575 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">994 </td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,163 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">181 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">575 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">994 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,163 </td></tr><tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class R </b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">166 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">710 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,282 </td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,839 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">166 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">710 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,282 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">2,839 </td></tr><tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class Z </b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">82 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">271 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">475 </td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,066 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">82 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">271 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">475 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">1,066 </td></tr><tr> <td style="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%"><b>Class R6</b></td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">66 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">6,718 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">7,491 </td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">7,592 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 10pt; line-height: 115%">66 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">6,718 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">7,491 </td> <td style="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-bottom: 10pt; line-height: 115%">7,592 </td></tr> </table> <b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b> <b>If Shares Are Redeemed</b> <b>If Shares Are Not Redeemed</b> January 31, 2020<br/><br/>January 31, 2019 Expense information in the table has been restated to reflect current fees. 0.0065 0.0065 0.0065 0.0065 0.0065 0.0065 0.003 0.01 0.01 0.0075 0 0 0.0022 0.0044 0.002 0.0115 0.0022 0.7028 0.0117 0.0209 0.0185 0.0255 0.0087 0.7093 -0.0017 -0.0007 -0.0007 -0.0092 -0.0007 -0.7028 0.01 0.0202 0.0178 0.0163 0.008 0.0065 646 886 1143 1880 705 948 1217 2069 281 575 994 2163 166 710 1282 2839 82 271 475 1066 66 6718 7491 7592 646 886 1143 1880 205 648 1117 2069 181 575 994 2163 166 710 1282 2839 82 271 475 1066 66 6718 7491 7592 Formerly known as Class Q. Expense information in the table has been restated to reflect current fees. PGIM Investments LLC (PGIM Investments) has contractually agreed, through January 31, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.00% of average daily net assets for Class A shares, 1.63% of average daily net assets for Class R shares and 0.65% of average daily net assets for Class R6 shares. This contractual expense limitation excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class. In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to January 31, 2020 without the prior approval of the Fund’s Board of Directors. The distributor of the Fund has contractually agreed through January 31, 2019 to reduce its distribution and service (12b-1) fees for the Fund’s Class R shares to 0.50% of the average daily net assets of the Class R shares of the Fund. This waiver may not be terminated prior to January 31, 2019 without the prior approval of the Fund’s Board of Directors. 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Nov. 28, 2017
The Prudential Investment Portfolios, Inc.
PGIM Balanced Fund

Supplement dated June 22, 2018 to the Currently Effective Summary Prospectus and Prospectus

Effective as of July 1, 2018, the Fund's existing contractual cap on Fund expenses will be enhanced. To reflect these changes, the Fund's Summary Prospectus and Prospectus is hereby revised as follows, effective as of July 1, 2018:

 

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

 

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
  Class A Class B Class C Class R Class Z Class R6(1)
Management fees 0.65% 0.65% 0.65% 0.65%0.65%0.65%
+ Distribution and service (12b-1) fees 0.30 1.00 1.00 0.75NoneNone
+ Other expenses(2)   0.22 0.440.201.15 0.22 70.28
= Total annual Fund operating expenses 1.17 2.09 1.85 2.550.8770.93
– Fee waiver and/or expense reimbursement (0.17) (0.07) (0.07)(0.92)(0.07) (70.28)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement(3)(4) 1.00% 2.02% 1.78% 1.63%0.80%0.65%

 

(1) Formerly known as Class Q.

(2) Expense information in the table has been restated to reflect current fees.

(3) PGIM Investments LLC (PGIM Investments) has contractually agreed, through January 31, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.00% of average daily net assets for Class A shares, 1.63% of average daily net assets for Class R shares and 0.65% of average daily net assets for Class R6 shares. This contractual expense limitation excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class.  In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to January 31, 2020 without the prior approval of the Fund's Board of Directors.

(4) The distributor of the Fund has contractually agreed through January 31, 2019 to reduce its distribution and service (12b-1) fees for the Fund's Class R shares to 0.50% of the average daily net assets of the Class R shares of the Fund. This waiver may not be terminated prior to January 31, 2019 without the prior approval of the Fund's Board of Directors.

 
 

 

 

2.In the Summary Prospectus and Prospectus, in the section entitled Fund Summary—Fund Fees and Expenses, the Example 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 $646 $886 $1,143 $1,880 $646 $886 $1,143 $1,880
Class B 705 948 1,217 2,069 205 648 1,117 2,069
Class C 281 575 994 2,163 181 575 994 2,163
Class R 166 710 1,282 2,839 166 710 1,282 2,839
Class Z 82 271 475 1,066 82 271 475 1,066
Class R6 66 6,718 7,491 7,592 66 6,718 7,491 7,592
XML 10 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName PRUDENTIAL INVESTMENT PORTFOLIOS, INC.
Prospectus Date rr_ProspectusDate Nov. 28, 2017
Supplement [Text Block] pipi_SupplementTextBlock
The Prudential Investment Portfolios, Inc.
PGIM Balanced Fund

Supplement dated June 22, 2018 to the Currently Effective Summary Prospectus and Prospectus

Effective as of July 1, 2018, the Fund's existing contractual cap on Fund expenses will be enhanced. To reflect these changes, the Fund's Summary Prospectus and Prospectus is hereby revised as follows, effective as of July 1, 2018:

 

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

 

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
  Class A Class B Class C Class R Class Z Class R6(1)
Management fees 0.65% 0.65% 0.65% 0.65%0.65%0.65%
+ Distribution and service (12b-1) fees 0.30 1.00 1.00 0.75NoneNone
+ Other expenses(2)   0.22 0.440.201.15 0.22 70.28
= Total annual Fund operating expenses 1.17 2.09 1.85 2.550.8770.93
– Fee waiver and/or expense reimbursement (0.17) (0.07) (0.07)(0.92)(0.07) (70.28)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement(3)(4) 1.00% 2.02% 1.78% 1.63%0.80%0.65%

 

(1) Formerly known as Class Q.

(2) Expense information in the table has been restated to reflect current fees.

(3) PGIM Investments LLC (PGIM Investments) has contractually agreed, through January 31, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.00% of average daily net assets for Class A shares, 1.63% of average daily net assets for Class R shares and 0.65% of average daily net assets for Class R6 shares. This contractual expense limitation excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class.  In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to January 31, 2020 without the prior approval of the Fund's Board of Directors.

(4) The distributor of the Fund has contractually agreed through January 31, 2019 to reduce its distribution and service (12b-1) fees for the Fund's Class R shares to 0.50% of the average daily net assets of the Class R shares of the Fund. This waiver may not be terminated prior to January 31, 2019 without the prior approval of the Fund's Board of Directors.

 
 

 

 

2.In the Summary Prospectus and Prospectus, in the section entitled Fund Summary—Fund Fees and Expenses, the Example 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 $646 $886 $1,143 $1,880 $646 $886 $1,143 $1,880
Class B 705 948 1,217 2,069 205 648 1,117 2,069
Class C 281 575 994 2,163 181 575 994 2,163
Class R 166 710 1,282 2,839 166 710 1,282 2,839
Class Z 82 271 475 1,066 82 271 475 1,066
Class R6 66 6,718 7,491 7,592 66 6,718 7,491 7,592
PGIM BALANCED FUND  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] pipi_SupplementTextBlock
The Prudential Investment Portfolios, Inc.
PGIM Balanced Fund

Supplement dated June 22, 2018 to the Currently Effective Summary Prospectus and Prospectus

Effective as of July 1, 2018, the Fund's existing contractual cap on Fund expenses will be enhanced. To reflect these changes, the Fund's Summary Prospectus and Prospectus is hereby revised as follows, effective as of July 1, 2018:

 

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

 

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
  Class A Class B Class C Class R Class Z Class R6(1)
Management fees 0.65% 0.65% 0.65% 0.65%0.65%0.65%
+ Distribution and service (12b-1) fees 0.30 1.00 1.00 0.75NoneNone
+ Other expenses(2)   0.22 0.440.201.15 0.22 70.28
= Total annual Fund operating expenses 1.17 2.09 1.85 2.550.8770.93
– Fee waiver and/or expense reimbursement (0.17) (0.07) (0.07)(0.92)(0.07) (70.28)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement(3)(4) 1.00% 2.02% 1.78% 1.63%0.80%0.65%

 

(1) Formerly known as Class Q.

(2) Expense information in the table has been restated to reflect current fees.

(3) PGIM Investments LLC (PGIM Investments) has contractually agreed, through January 31, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.00% of average daily net assets for Class A shares, 1.63% of average daily net assets for Class R shares and 0.65% of average daily net assets for Class R6 shares. This contractual expense limitation excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class.  In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to January 31, 2020 without the prior approval of the Fund's Board of Directors.

(4) The distributor of the Fund has contractually agreed through January 31, 2019 to reduce its distribution and service (12b-1) fees for the Fund's Class R shares to 0.50% of the average daily net assets of the Class R shares of the Fund. This waiver may not be terminated prior to January 31, 2019 without the prior approval of the Fund's Board of Directors.

 
 

 

 

2.In the Summary Prospectus and Prospectus, in the section entitled Fund Summary—Fund Fees and Expenses, the Example 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 $646 $886 $1,143 $1,880 $646 $886 $1,143 $1,880
Class B 705 948 1,217 2,069 205 648 1,117 2,069
Class C 281 575 994 2,163 181 575 994 2,163
Class R 166 710 1,282 2,839 166 710 1,282 2,839
Class Z 82 271 475 1,066 82 271 475 1,066
Class R6 66 6,718 7,491 7,592 66 6,718 7,491 7,592
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination January 31, 2020

January 31, 2019
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent Expense information in the table has been restated to reflect current fees.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption If Shares Are Redeemed
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption If Shares Are Not Redeemed
PGIM BALANCED FUND | Class A  
Risk/Return: rr_RiskReturnAbstract  
Management fees rr_ManagementFeesOverAssets 0.65%
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.30%
+ Other expenses rr_OtherExpensesOverAssets 0.22% [1]
= Total annual Fund operating expenses rr_ExpensesOverAssets 1.17%
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.17%)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.00% [2],[3]
1 Year rr_ExpenseExampleYear01 $ 646
3 Years rr_ExpenseExampleYear03 886
5 Years rr_ExpenseExampleYear05 1,143
10 Years rr_ExpenseExampleYear10 1,880
1 Year rr_ExpenseExampleNoRedemptionYear01 646
3 Years rr_ExpenseExampleNoRedemptionYear03 886
5 Years rr_ExpenseExampleNoRedemptionYear05 1,143
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,880
PGIM BALANCED FUND | Class B  
Risk/Return: rr_RiskReturnAbstract  
Management fees rr_ManagementFeesOverAssets 0.65%
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
+ Other expenses rr_OtherExpensesOverAssets 0.44% [1]
= Total annual Fund operating expenses rr_ExpensesOverAssets 2.09%
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.07%)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 2.02% [2],[3]
1 Year rr_ExpenseExampleYear01 $ 705
3 Years rr_ExpenseExampleYear03 948
5 Years rr_ExpenseExampleYear05 1,217
10 Years rr_ExpenseExampleYear10 2,069
1 Year rr_ExpenseExampleNoRedemptionYear01 205
3 Years rr_ExpenseExampleNoRedemptionYear03 648
5 Years rr_ExpenseExampleNoRedemptionYear05 1,117
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,069
PGIM BALANCED FUND | Class C  
Risk/Return: rr_RiskReturnAbstract  
Management fees rr_ManagementFeesOverAssets 0.65%
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
+ Other expenses rr_OtherExpensesOverAssets 0.20% [1]
= Total annual Fund operating expenses rr_ExpensesOverAssets 1.85%
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.07%)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.78% [2],[3]
1 Year rr_ExpenseExampleYear01 $ 281
3 Years rr_ExpenseExampleYear03 575
5 Years rr_ExpenseExampleYear05 994
10 Years rr_ExpenseExampleYear10 2,163
1 Year rr_ExpenseExampleNoRedemptionYear01 181
3 Years rr_ExpenseExampleNoRedemptionYear03 575
5 Years rr_ExpenseExampleNoRedemptionYear05 994
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,163
PGIM BALANCED FUND | Class R  
Risk/Return: rr_RiskReturnAbstract  
Management fees rr_ManagementFeesOverAssets 0.65%
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.75%
+ Other expenses rr_OtherExpensesOverAssets 1.15% [1]
= Total annual Fund operating expenses rr_ExpensesOverAssets 2.55%
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.92%)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.63% [2],[3]
1 Year rr_ExpenseExampleYear01 $ 166
3 Years rr_ExpenseExampleYear03 710
5 Years rr_ExpenseExampleYear05 1,282
10 Years rr_ExpenseExampleYear10 2,839
1 Year rr_ExpenseExampleNoRedemptionYear01 166
3 Years rr_ExpenseExampleNoRedemptionYear03 710
5 Years rr_ExpenseExampleNoRedemptionYear05 1,282
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,839
PGIM BALANCED FUND | Class Z  
Risk/Return: rr_RiskReturnAbstract  
Management fees rr_ManagementFeesOverAssets 0.65%
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
+ Other expenses rr_OtherExpensesOverAssets 0.22% [1]
= Total annual Fund operating expenses rr_ExpensesOverAssets 0.87%
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.07%)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.80% [2],[3]
1 Year rr_ExpenseExampleYear01 $ 82
3 Years rr_ExpenseExampleYear03 271
5 Years rr_ExpenseExampleYear05 475
10 Years rr_ExpenseExampleYear10 1,066
1 Year rr_ExpenseExampleNoRedemptionYear01 82
3 Years rr_ExpenseExampleNoRedemptionYear03 271
5 Years rr_ExpenseExampleNoRedemptionYear05 475
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,066
PGIM BALANCED FUND | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Management fees rr_ManagementFeesOverAssets 0.65% [4]
+ Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none [4]
+ Other expenses rr_OtherExpensesOverAssets 70.28% [1],[4]
= Total annual Fund operating expenses rr_ExpensesOverAssets 70.93% [4]
– Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets (70.28%) [4]
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.65% [2],[3],[4]
1 Year rr_ExpenseExampleYear01 $ 66
3 Years rr_ExpenseExampleYear03 6,718
5 Years rr_ExpenseExampleYear05 7,491
10 Years rr_ExpenseExampleYear10 7,592
1 Year rr_ExpenseExampleNoRedemptionYear01 66
3 Years rr_ExpenseExampleNoRedemptionYear03 6,718
5 Years rr_ExpenseExampleNoRedemptionYear05 7,491
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 7,592
[1] Expense information in the table has been restated to reflect current fees.
[2] PGIM Investments LLC (PGIM Investments) has contractually agreed, through January 31, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.00% of average daily net assets for Class A shares, 1.63% of average daily net assets for Class R shares and 0.65% of average daily net assets for Class R6 shares. This contractual expense limitation excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class. In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to January 31, 2020 without the prior approval of the Fund’s Board of Directors.
[3] The distributor of the Fund has contractually agreed through January 31, 2019 to reduce its distribution and service (12b-1) fees for the Fund’s Class R shares to 0.50% of the average daily net assets of the Class R shares of the Fund. This waiver may not be terminated prior to January 31, 2019 without the prior approval of the Fund’s Board of Directors.
[4] Formerly known as Class Q.
XML 11 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName PRUDENTIAL INVESTMENT PORTFOLIOS, INC.
Prospectus Date rr_ProspectusDate Nov. 28, 2017
Document Creation Date dei_DocumentCreationDate Jun. 22, 2018
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