497 1 f36497d1.htm PSF MULTI FUND 497 PM CHANGE SUPPLEMENT PSF Multi Fund 497 PM Change Supplement

PRUDENTIAL SERIES FUND

PSF PGIM 50/50 Balanced Portfolio

PSF PGIM Flexible Managed Portfolio

PSF PGIM Total Return Bond Portfolio

Supplement dated September 29, 2023 to the

Currently Effective Summary Prospectus and Prospectus

This supplement should be read in conjunction with the currently effective Prospectus (the Prospectus) for Prudential Series Fund (the Trust) and the Summary Prospectuses relating to the portfolios referenced above (each a Portfolio and collectively the Portfolios). 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.

Effective immediately, Mr. Matthew Angelucci and Mr. Tyler Thorn are added to each Portfolio's portfolio management team.

To reflect these changes, the Trust's Prospectus, and the Summary Prospectuses relating to the Portfolios are hereby revised as follows effective immediately:

I.The tables in the section of the Prospectus and Summary Prospectuses entitled "Management of the Portfolio" are hereby revised by adding the following information with respect to Mr. Angelucci and Mr. Thorn:

Investment

Subadviser

Portfolio

Title

Service Date

Managers

 

Managers

 

 

 

 

 

 

 

 

 

 

Principal and

 

PGIM

PGIM Fixed

Matthew

Co-Senior

 

Income*, PGIM

Portfolio

 

Investments LLC

Limited

Angelucci

Manager

September 2023

 

PGIM Fixed

 

Vice President

 

PGIM

Income*, PGIM

 

and Portfolio

 

Investments LLC

Limited

Tyler Thorn

Manager

September 2023

*PGIM Fixed Income is a business unit of PGIM, Inc.

II.The following professional biographies are hereby added after the last paragraph in the sections of the Prospectus entitled "HOW THE TRUST IS MANAGED – Portfolio Managers:"

Matthew Angelucci, CFA, is a Principal and co-senior portfolio manager for PGIM Fixed Income's Global Bond Team. In addition to co-managing the Global Bond Strategies, Mr. Angelucci is responsible for country and sector allocation, term structure positioning, and issue selection within sovereign securities and derivatives across global bond portfolios and relative value hedge strategies. Prior to assuming his current position, he was a financial analyst in the Portfolio Analysis Group where he was responsible for performance attribution and providing daily risk analysis and analytic support to the Global Government portfolio management team. Mr. Angelucci joined the Firm in 2005. He received a BS in Corporate Finance and Accounting from Bentley University. Mr. Angelucci holds the Chartered Financial Analyst (CFA) designation.

Tyler Thorn is a Vice President on the Multi-Sector Portfolio Management Team for PGIM Fixed Income. Mr. Thorn joined the Firm in 2015 and previously was an analyst in the Portfolio Analysis Group. He has also worked on the Quantitative Modeling and Strategies team. Mr. Thorn received a BS in business administration with concentrations in finance, economics, and computer science from Boston College.

THIS SUPPLEMENT SHOULD BE READ AND RETAINED FOR FUTURE REFERENCE.

PSFSUP2