-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VFEj5h4Yo2WZX2CsUL3K0D+VUenbp2A19m9r+147h9oVK721FkVxRYKM/AiZGgR1 M1JlFO54BgLcOPMvlaghGA== 0001193125-05-233245.txt : 20051129 0001193125-05-233245.hdr.sgml : 20051129 20051129123334 ACCESSION NUMBER: 0001193125-05-233245 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050930 FILED AS OF DATE: 20051129 DATE AS OF CHANGE: 20051129 EFFECTIVENESS DATE: 20051129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL TAX FREE MONEY FUND INC CENTRAL INDEX KEY: 0000311561 IRS NUMBER: 132993505 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-02927 FILM NUMBER: 051230865 BUSINESS ADDRESS: STREET 1: 199 WATER ST CITY: NEW YORK STATE: NY ZIP: 10292 BUSINESS PHONE: 2122142189 MAIL ADDRESS: STREET 1: ONE SEAPORT PLZ STREET 2: ONE SEAPORT PLZ CITY: NEW YORK STATE: NY ZIP: 10292 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL BACHE TAX FREE MONEY FUND INC DATE OF NAME CHANGE: 19920603 FORMER COMPANY: FORMER CONFORMED NAME: CHANCELLOR TAX FREE MONEY FUND INC DATE OF NAME CHANGE: 19830516 FORMER COMPANY: FORMER CONFORMED NAME: CHANCELLOR TAX EXEMPT DAILY INCOME FUND INC DATE OF NAME CHANGE: 19810811 N-Q 1 dnq.htm DRYDEN TAX FREE MONEY DRYDEN TAX FREE MONEY

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

 

Investment Company Act file number:    811-02927
Exact name of registrant as specified in charter:    Dryden Tax Free Money Fund
Address of principal executive offices:    Gateway Center 3,
     100 Mulberry Street,
     Newark, New Jersey 07102
Name and address of agent for service:    Deborah A. Docs
     Gateway Center 3,
     100 Mulberry Street,
     Newark, New Jersey 07102
Registrant’s telephone number, including area code:    973-367-7521
Date of fiscal year end:    12/31/2005
Date of reporting period:    9/30/2005


Item 1. Schedule of Investments


DRYDEN TAX-FREE MONEY FUND

SCHEDULE OF INVESTMENTS

 

September 30, 2005 (Unaudited)

 

    

MOODY’S

RATINGS


 

INTEREST

RATE


   

MATURITY

DATE


  

PRINCIPAL

AMOUNT(000)


   VALUE

SHORT-TERM INVESTMENTS—100.1%

                            
Alaska—3.2%                             

Valdez Alaska Marine Term Rev., BP Pipelines Inc. Proj., Ser. A, F.R.D.D.

   VMIG1   2.83 %   10/03/05    $ 1,350    $ 1,350,000
                          

California—1.0%                             

Mun. Secs. Trust Cert., Rev., Ser. 2001- 135, Class A Cert., F.G.I.C., G.O., F.R.D.D.

   A-1(c)   2.83     10/03/05      400      400,000
                          

Florida—6.2%                             

Orange Cnty. Auth. Edl. Facs. Rev. Edl. Facs., Adj.-Rollins College PJ, F.R.D.D.

   VMIG1   2.82     10/03/05      250      250,000

Orange Cnty. Edl. Facs. Auth. Edl. Facs. Rev., Ser. 171, F.S.A., F.R.W.D.

   A-1(c)   2.83     10/06/05      2,350      2,350,000
                          

                             2,600,000
                          

Georgia—13.6%                             

Fulton Cnty. Res. Care Facs., Lenbrook Square Foundation, Ser. 1996, F.R.D.D.

   A-1+(c)   2.85     10/03/05      4,150      4,150,000

Stephens Cnty. Dev. Auth. Solid Wste. Disp. Facs. Rev., Caterpillar Inc. Proj., Ser. 2000, A.M.T., F.R.W.D.

   P-1   2.95     10/06/05      1,520      1,520,000
                          

                             5,670,000
                          

Illinois—8.5%                             

Chicago Hsg. Auth. Cap. Prog. Rev., Ser. 576, F.R.W.D.

   A-1(c)   2.48     10/06/05      1,735      1,735,000

Illinois Dev. Fin. Auth. Rev., Aurora Cent. Catholic High Sch., Ser. 1994, F.R.W.D.

   A-1(c)   3.02     10/05/05      1,000      1,000,000

Illinois Hlth. Facs. Auth. Rev., Mem. Hlth. Sys., Ser. 2003, F.R.D.D.

   VMIG1   2.85     10/03/05      800      800,000
                          

                             3,535,000
                          

Indiana—3.0%                             

Hammond Ind. Poll. Ctrl. Rev., Adj-Ref- Amoco Oil Co. Proj., Ser. 1994, F.R.D.D.

   VMIG1   2.83     10/03/05      360      360,000

South Bend Econ. Dev. Rev., Dynamic REHC Proj., Ser. 1999, A.M.T., F.R.W.D.

   NR   2.93     10/05/05      905      905,000
                          

                             1,265,000
                          


    

MOODY’S

RATINGS


 

INTEREST

RATE


  

MATURITY

DATE


  

PRINCIPAL

AMOUNT(000)


   VALUE

Kansas—2.5%                        

Kansas St., Dev. Fin. Auth. Rev., Hays Med. Ctr., Ser. N, F.R.D.D.

   VMIG1   2.85    10/03/05    1,045    1,045,000
                       
Maine—7.8%                        

York Rev., Stonewall Realty LLC Proj., Ser. 1999, A.M.T., F.R.W.D.

   VMIG1   3.25    10/06/05    3,260    3,260,000
                       
Minnesota—5.0%                        

Owatonna Hsg. Rev., Second Century Proj., Ser. A, F.R.W.D.

   VMIG1   2.95    10/06/05    1,500    1,500,000

St. Paul Hsg. & Redev. Auth. Rev., Minn. Pub. Radio Proj., Ser. 2002, F.R.D.D.

   VMIG1   2.85    10/03/05    600    600,000
                       
                        2,100,000
                       
Missouri—9.0%                        

Missouri St. Hlth. & Edl. Facs. Auth. Edl Facs. Rev., Bethesda Hlth. Group., Ser. A, F.R.D.D.

   VMIG1   2.85    10/03/05    1,030    1,030,000

St. Louis Univ., Ser. B, F.R.D.D.

   VMIG1   2.85    10/03/05    940    940,000

St. Louis Univ., Ser. 2002, F.R.D.D.

   VMIG1   2.85    10/03/05    1,780    1,780,000
                       
                        3,750,000
                       
Nebraska—1.2%                        

Lancaster Cnty. Hosp. Auth., Hlth. Facs. Rev., Immanuel Hlth. Sys., Ser. A, F.R.D.D.

   A-1(c)   2.84    10/03/05    505    505,000
                       
Nevada—1.4%                        

Truckee Meadows Wtr. Auth. Wtr. Rev., Mun. Secs. Trust Rcpts., Ser. SGA137, F.S.A., F.R.D.D.

   A-1+(c)   2.85    10/03/05    600    600,000
                       
New Jersey—1.7%                        

Mun. Secs. Trust Cert., Rev., Ser. 2001-174, Class A Cert., G.O., Ser. 2001, F.R.D.D.

   A-1(c)   2.83    10/03/05    700    700,000
                       
New York—12.0%                        

Mun. Secs. Trust Cert. Rev., Ser. 2001-109, Class A Cert., F.R.D.D.

   VMIG1   2.83    10/03/05    2,200    2,200,000

New York City St., Loc. Gov’t. Assistance Corp., Mun. Secs. Trust Rcpts., Ser. SGA-59, F.R.D.D.

   A-1+(c)   2.83    10/03/05    800    800,000

New York City Trust Cult. Res. Rev., Mun. Secs. Trust Rcpts., Ser. SGA-91, A.M.B.A.C., F.R.D.D.

   A-1+(c)   2.83    10/03/05    2,000    2,000,000
                       
                        5,000,000
                       
Ohio—2.7%                        

East Lake Ind. Dev. Rev., Astro Model Dev. Corp. Prog., Ser. 1996, A.M.T., F.R.W.D.

   NR   2.93    10/06/05    1,135    1,135,000
                       


    

MOODY’S

RATINGS


 

INTEREST

RATE


  

MATURITY

DATE


  

PRINCIPAL

AMOUNT(000)


   VALUE

 
Oklahoma—0.7%                            

Tulsa Cnty. Ind. Auth. Rev., First Mtge. Montercau-Ser. A., F.R.D.D.

   A-1+(c)   2.83    10/03/05    300      300,000  
                       


Pennsylvania—3.9%                            

Delaware River Port Auth., F.S.A., F.R.D.D.

   A-1+(c)   2.85    10/03/05    200      200,000  

Schuylkill Cnty. Ind. Dev. Auth. Res. Recovery Rev., Northeastern Pwr. Co., Ser. A, F.R.D.D.

   A-1+(c)   2.85    10/03/05    1,430      1,430,000  
                       


                          1,630,000  
                       


Rhode Island—0.5%                            

Rhode Island Hlth. Edl. Bldg. Corp. Edl. Inst. Rev., St. Andrews School, F.R.D.D.

   A-1+(c)   2.82    10/03/05    200      200,000  
                       


Tennessee—9.1%                            

Blount Cnty. Pub. Bldg. Auth., Loc. Gov’t. Pub. Impt., Ser. A, F.R.D.D.

   VMIG1   2.82    10/03/05    500      500,000  

Clarksville Pub. Bldg. Auth. Rev. Adj.-Pooled Fin., Mun. Bond Fd., Ser. 2003, F.R.D.D.

   VMIG1   2.82    10/03/05    750      750,000  

Clarksville Pub. Bldg. Auth. Rev. Adj.-Pooled Fin., Mun. Bond Fd., Ser. 2003, F.R.D.D.

   VMIG1   2.82    10/03/05    1,660      1,660,000  

Sevier Cnty. Pub. Bldg. Auth., Loc. Gov. Pub. Impt-IV, Ser. B-12, A.M.B.A.C., F.R.D.D.

   VMIG1   2.83    10/03/05    560      560,000  

Sevier Cnty. Pub. Bldg. Auth., Loc. Govt. Pub. Impt-IV, Ser. E-5, F.S.A., F.R.D.D.

   VMIG1   2.83    10/03/05    320      320,000  
                       


                          3,790,000  
                       


Texas—2.6%                            

Denton Cnty., Mun. Secs. Trust Recpts., Ser. SGA-117, F.R.D.D

   A-1+(c)   2.85    10/03/05    100      100,000  

Harris Cnty. Texas Hlth. Facs. Dev. Hosp., Texas Childrens Hosp. B-1, F.R.D.D., M.B.I.A.

   VMIG1   2.84    10/03/05    1,000      1,000,000  
                       


                          1,100,000  
                       


Washington—1.4%                            

Clark Cnty. Pub. Uti.l Dist. No. 001 Generating Sys. Rev., Mun. Secs. Trust Rcpts., Ser. SGA-118, F.R.D.D., F.S.A.

   A-1+(c)   2.85    10/03/05    600      600,000  
                       


Wisconsin—3.1%                            

Whitewater Ind. Dev. Rev., Trek Bicycle Corp., Proj., Ser. 1995, A.M.T., F.R.W.D.

   NR   2.98    10/06/05    1,310      1,310,000  
                       


TOTAL INVESTMENTS – 100.1%                            

(Cost $41,845,000)(d)

                        41,845,000  

Liabilities in excess of other assets—(0.1%)

                        (59,021 )
                       


NET ASSETS—100.0%

                      $ 41,785,979  
                       




NR Not Rated by Moody’s or Standard & Poor’s.

(a) The following abbreviations are used in the portfolio descriptions:

A.M.B.A.C.-American Municipal Bond Assurance Corporation.

A.M.T.-Alternative Minimum Tax.

F.G.I.C.-Financial Guaranty Insurance Company.

F.R.D.D.-Floating Rate (Daily) Demand Note (b).

F.R.W.D.-Floating Rate (Weekly) Demand Note (b).

F.S.A.-Financial Security Assurance.

M.B.I.A.-Municipal Bond Insurance Corporation.

G.O.-General Obligation.

T.C.R.S.-Transferable Custodial Receipts.

(b) For purposes of amortized cost valuation, the maturity date of these instruments is considered to be the later of the next date on which the security can be redeemed at par or the next date on which the rate of interest is adjusted.
(c) Standard & Poor’s Rating.
(d) The cost basis for federal income tax purposes is substantially the same as that used for financial statement purposes.

The Fund’s current Prospectus contains a descriptions of Moody’s and Standard & Poor’s ratings.


DRYDEN TAX FREE MONEY

 

Notes to Schedule of Investment (Unaudited)

 

Securities Valuation: Portfolio securities are valued at amortized cost, which approximates market value. The amortized cost method involves valuing a security at its cost on the date of purchase and thereafter assuming a constant amortization to maturity of the difference between the principal amount due at maturity and cost. If the amortized cost method is determined not to represent fair value, the fair value shall be determined by or under the direction of the Board of Directors.

 

Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).


Item 2. Controls and Procedures

 

  (a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

 

  (b) There have been no significant changes in the registrant’s internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

 

Item 3. Exhibits

 

Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 – Attached hereto.


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant) Dryden Tax Free Money Fund

 

By (Signature and Title)*    /s/    DEBORAH A. DOCS        
    Deborah A. Docs
    Secretary of the Fund

 

Date November 28, 2005

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

 

By (Signature and Title)*    /s/    JUDY A. RICE        
    Judy A. Rice
    President and Principal Executive Officer

Date November 28, 2005

 

 

By (Signature and Title)*    /s/    JACK BENINTENDE        
    Jack Benintende
    Acting Principal Financial Officer

 

Date November 28, 2005

 

* Print the name and title of each signing officer under his or her signature.
EX-99.CERT 2 dex99cert.htm CERTIFICATION PURSUANT TO RULE 302 CERTIFICATION PURSUANT TO RULE 302

CERTIFICATIONS

 

I, Judy A. Rice, certify that:

 

1. I have reviewed this report on Form N-Q of Dryden Tax Free Money Fund;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

  (d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and


5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

  (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

Date: November 28, 2005       /s/    JUDY A. RICE        
        Judy A. Rice
        President and Principal
        Executive Officer


CERTIFICATIONS

 

I, Jack Benintende, certify that:

 

1. I have reviewed this report on Form N-Q of Dryden Tax Free Money Fund;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

  (d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and


5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

  (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

Date: November 28, 2005       /s/    JACK BENINTENDE        
        Jack Benintende
       

Acting Principal

Financial Officer

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