Prudential Short Duration High Yield Fund, Inc. Announces Distributions for June, July, and August 2016 Respectively, Payable on June 30, 2016, July 29, 2016 and August 31, 2016, Respectively
May 26, 2016 at 04:07 pm EDT
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Prudential Short Duration High Yield Fund, Inc. declared monthly distributions of USD 0.11 for June, July, and August 2016. With ex dates of June 15, 2016, July 13, 2016 and August 17, 2016, all shareholders of record dates on June 17, 2016, July 15, 2016 and August 19, 2016 will be paid the distributions on June 30, 2016, July 29, 2016 and August 31, 2016, respectively.
PGIM High Yield Bond Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is to provide a high level of current income. The Fund is focused on investing at least 80% of its investable assets in a diversified portfolio of high yield fixed income instruments that are rated below investment grade with varying maturities and other investments, including derivatives with similar economic characteristics. The Fund may invest up to 20% of its investable assets in United States currency denominated and/or foreign currency denominated fixed income instruments issued by foreign issuers. The Fund invests in various industries, which include telecommunications, oil and gas, affiliated mutual fund, commercial services, home builders, healthcare services, chemicals, entertainment, pipelines, electric, software, foods, real estate investment trusts (REITs), mining and computers. PGIM Investments LLC serves as the manager of the Fund.
Prudential Short Duration High Yield Fund, Inc. Announces Distributions for June, July, and August 2016 Respectively, Payable on June 30, 2016, July 29, 2016 and August 31, 2016, Respectively