Prudential Short Duration High Yield Fund, Inc. Announces Distributions for September, October and November 2016, Payable on September 30, 2016, October 31, 2016 and November 30, 2016, Respectively
August 31, 2016 at 04:07 pm EDT
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Prudential Short Duration High Yield Fund, Inc. declared monthly distributions of USD 0.1025 for September, October, and November 2016. With ex dates of September 14, 2016, October 12, 2016 and November 16, 2016, all shareholders of record dates on September 16, 2016, October 14, 2016 and November 18, 2016 will be paid the distributions on September 30, 2016, October 31, 2016 and November 30, 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 September, October and November 2016, Payable on September 30, 2016, October 31, 2016 and November 30, 2016, Respectively