Target Portfolio Trust · 497 · On 8/29/00

Filed On 8/29/00 10:35am ET   ·   SEC File 33-50476   ·   Accession Number 898733-0-604

Definitive Material   ·   Rule 497
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 1: 497         The Target Portfolio Trust                             1      3K 

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Target Portfolio Trust
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Target Total Return Bond Portfolio And
Target Intermediate-Term Bond Portfolio 

Supplement to prospectus dated May 1, 2000

How the Trust Is Managed                                                        

   The third paragraph under the heading 'How the Trust Is Managed, Advisers and
Portfolio Managers--Total Return Bond Portfolio and Intermediate-Term Bond      
Portfolios' is amended to read in its entirety as follows:                      

  Chris Dialynas is a Managing Director, portfolio manager and a senior member
of PIMCO's investment strategy group, and has been associated with PIMCO since  
1980. He has 22 years of investment experience, is a graduate of Pomona College,
where he studied Economics, and holds and M.B.A. in Finance from the University 
of Chicago.                                                                     

The date of this supplement is dated August 17, 2000
TMF158C4                                                                        

Dates Referenced Herein   and   Documents Incorporated By Reference

This 497 Filing		Date		Other Filings
		5/1/00		485BPOS
		8/17/00
Filed On / Filed As Of		8/29/00		NSAR-A
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