# EDGAR Filing Document

**Accession Number:** 0001090155
**File Stem:** 0001683863-23-003003
**Filing Date:** 2023-3
**Character Count:** 6855
**Document Hash:** 604811ad0f69472433e1a9018a0d39fe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683863-23-003003.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001683863-23-003003

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20230330

**DATE AS OF CHANGE**: 20230330

**EFFECTIVENESS DATE**: 20230330

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRUDENTIAL INVESTMENT PORTFOLIOS 5
- **CENTRAL INDEX KEY:** 0001090155
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-82621
- **FILM NUMBER:** 23780010

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD ST.
- **STREET 2:** 17TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102
- **BUSINESS PHONE:** (973) 367-8982

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD ST.
- **STREET 2:** 17TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STRATEGIC PARTNERS STYLE SPECIFIC FUNDS
- **DATE OF NAME CHANGE:** 20010906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TARGET FUNDS
- **DATE OF NAME CHANGE:** 19990709

## Series and Classes Contracts Data

### PGIM JENNISON DIVERSIFIED GROWTH FUND (Series ID: S000004718)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | TBDAX         | C000012847 |
| Class C    | TBDCX         | C000012849 |
| Class R6   | TBDQX         | C000193800 |
| Class Z    | TBDZX         | C000193801 |

---

## Series and Classes Contracts Data

### PGIM JENNISON DIVERSIFIED GROWTH FUND (Series ID: S000004718)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000012847 | Class A      | TBDAX           |
| C000012849 | Class C      | TBDCX           |
| C000193800 | Class R6     | TBDQX           |
| C000193801 | Class Z      | TBDZX           |

![](gzome58bf9bjziv6mqxzu.jpg)

**Prudential Investment Portfolios 5**

PGIM Jennison Diversified Growth Fund

**(the "Fund")**

**Supplement dated March 30, 2023**

**to the Fund's Currently Effective Summary Prospectus, Prospectus and Statement of Additional Information**

You should read this Supplement in conjunction with the Fund's Summary Prospectus, Prospectus and Statement of

Additional Information and retain it for future reference.

Effective immediately, Ms. Natasha Kuhlkin is added to the Fund's portfolio management team.

To reflect this change, the Fund's Summary Prospectus, Prospectus and Statement of Additional Information (SAI) are hereby revised as follows effective immediately:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.The tables in the section of the Fund's Summary Prospectus and Prospectus entitled "Management of the Fund" are hereby revised by adding the information set forth below with respect to Ms. Kuhlkin:

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; **Investment** | &nbsp;&nbsp; **Subadvisers** | &nbsp;&nbsp; **Portfolio** | **Title** | **Service Date** |
| &nbsp;&nbsp; **Managers** |  | &nbsp;&nbsp; **Managers** |  |  |
| &nbsp;&nbsp; PGIM Investments | &nbsp;&nbsp; Jennison | &nbsp;&nbsp; Natasha Kuhlkin, | Managing Director | March 2023 |
| &nbsp;&nbsp; LLC | &nbsp;&nbsp; Associates LLC | &nbsp;&nbsp; CFA |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.The section of the Fund's Prospectus entitled "How the Fund is Managed – Portfolio Managers", is hereby revised by adding the following professional biography for Ms. Kuhlkin:

Natasha Kuhlkin, CFA, is a Managing Director, a large cap growth equity portfolio manager and research analyst. She joined Jennison in May 2004. Prior to joining Jennison, Ms. Kuhlkin was an equity research analyst at Evergreen Investment Management and Palisade Capital Management. Ms. Kuhlkin earned a BS, magna cum laude, in accounting from Binghamton University and she holds the Chartered Financial Analyst (CFA) designation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.The table in the section of the Fund's SAI entitled "Management & Advisory Arrangements - The Fund's Portfolio Managers: Information About Other Accounts Managed" is hereby revised by adding the following information pertaining to Ms. Kuhlkin:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp; **Portfolio Managers**<br>| &nbsp;&nbsp; **Registered Investment**<br>&nbsp;&nbsp; **Companies/Total Assets ($**<br>&nbsp;&nbsp; **in '000s)**<br>| &nbsp;&nbsp; **Other Pooled**<br>&nbsp;&nbsp; **Investment Vehicles/**<br>&nbsp;&nbsp; **Total Assets ($ in**<br>&nbsp;&nbsp; **'000s)** | &nbsp;&nbsp; **Other Accounts/**<br>&nbsp;&nbsp; **Total Assets ($ in**<br>&nbsp;&nbsp; **'000s)**<br>|
| &nbsp;&nbsp; Natasha Kuhlkin, CFA\* | &nbsp;&nbsp; 16/$38,259,244 | &nbsp;&nbsp; 11/$9,824,859 | &nbsp;&nbsp; 30/$2,311,693 |

---

\*Information is as of February 28, 2023.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

![](ghoqolgjpadw84n8n4h43.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

4. The table in the section of the Fund's SAI entitled "Management & Advisory Arrangements - The Fund's Portfolio Managers: Personal Investments and Financial Interests" is hereby revised by adding the following information pertaining to Ms. Kuhlkin:

**Personal Investments and Financial Interests of the Portfolio Managers**

---

| | |
|:---|:---|
| **Portfolio Managers**<br>| **Investments and Other Financial Interests**<br>**in the Fund and Similar Strategies\*** |
| Natasha Kuhlkin, CFA\*\* | None |

---

\*"Investments and Other Financial Interests in the Fund and Similar Strategies" include the Fund and all other investment accounts which are managed by the same portfolio manager that utilize investment strategies, investment objectives and policies that are similar to those of the Fund. "Other Investment Accounts" in similar strategies include other mutual funds, including Prudential mutual funds, insurance company separate accounts, and collective and commingled trusts. "Investments" include holdings in the Fund and in investment accounts in similar strategies, including shares or units that may be held through a 401(k) or other retirement plan. "Other Financial Interests" include an investment professional's notional investments in the Fund through a deferred compensation plan for Jennison employees, where such notional investments track the performance of the Fund and are subject to increase or decrease based on the annual performance of the Fund. The dollar range for Natasha Kuhlkin's investment in the Fund as of February 28, 2023. is as follows: None.

\*\* Information is as of February 28, 2023.

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