Prudential Global Short Duration High Yield Fund, Inc. (GHY)

The Fund seeks to provide a high level of current income by investing primarily in higher-rated, below investment-grade fixed income instruments of issuers located around the world, including emerging markets.1 The Fund seeks to maintain a weighted average portfolio duration of three years or less and a weighted average maturity of five years or less.

Daily Fund Information as of 12/15/2017
Market Price ($)14.30
Net Asset Value (NAV) ($)16.25
Premium/Discount (%)-12.00
Market Price Distribution Rate (%)7.55
NAV Price Distribution Rate (%)6.65
Distribution (most recent) ($)0.09
Net Assets ($)664,891,996
Investable Assets ($)917,891,996
Leverage (%)27.56
Portfolio Characteristics as of 10/31/2017
Average Maturity (years)4.1
Leverage Adjusted Duration (years)2.3
Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.

1Higher-rated high yield fixed income instruments are rated below investment grade, commonly referred to as “junk bonds,” and are considered speculative. Such fixed income instruments are rated Ba or B by Moody’s Investors Service, Inc. (Moody's); BB or B by Standard & Poor’s Ratings Services (S&P) or Fitch Ratings, Inc. (Fitch); or comparably rated by another nationally recognized statistical rating organization, or if unrated, are considered of comparable quality by the subadvisor at the time of purchase.


The Fund invests in high yield (”junk”) bonds, which are subject to greater credit and market risks; derivative securities, which may carry market, credit, and liquidity risks; foreign securities, which are subject to currency fluctuation and political uncertainty; and emerging markets securities, which are subject to greater volatility and price declines. Fixed income investments are subject to interest rate risk, where their value will decline as interest rates rise. There are fees and expenses involved with investing in the Fund. Diversification does not assure a profit or protect against a loss in declining markets. There is no guarantee that dividends or distributions will be paid.

Market Price is the closing price of a closed-end fund as of the latest trading day on the New York Stock Exchange. NAV (Net Asset Value) is total assets less total liabilities divided by the number of shares outstanding. Premium/Discount is the percent difference between the Market price and the NAV. There is no guarantee you will receive the stated Premium/Discount and additional fees may result from individual broker fees and transaction costs in the secondary market. Distribution Rate is calculated by annualizing the amount of the most recent distribution paid, excluding special distributions, divided by the previous trading days closing market price or NAV. As of 11/30/2017, the Fund estimates that the most recent distribution will be paid from: 90% investment income; 0% net realized currency gains; 0% net realized capital gains; and 10% return of capital. The Distribution Rate is subject to change and is not a quotation of Fund performance. For more information about a distributions composition, refer to the distribution press press release or Section 19 notices notices located above. Please consult your tax advisor for further information. Investable Assets are the net assets attributable to the outstanding common stock of the Fund plus the liquidation preference of any outstanding preferred stock issued by the Fund, the principal amount of any borrowings, and the principal on any debt securities issued by the Fund. Average Maturity is the average number of years to maturity of the Funds bonds. Leverage Adjusted Duration measures investment risk that takes into account both a bonds interest payments and its value to maturity. Credit Quality is calculated using the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moodys, S&P, or Fitch. The not rated category consists of securities that have not been rated by an NRSRO. Due to data availability, statistics may not be as of the current reporting period. Expenses based on the most recent publicity available reports. See the Fund's Annual Report for full information on expenses. All data is unaudited and subject to change.

Source: PGIM, Inc. (PGIM). PGIM is a Prudential Financial company.

An investment in a closed-end funds common stock may be speculative in that it involves a high degree of risk, should not constitute a complete investment program, and may result in loss of principal. Each closed-end fund will have its own unique investment strategy, risks, charges and expenses that need to be considered before investing.

PGIM Fixed Income is a unit of PGIM, a registered investment advisor and Prudential Financial company. PGIM Investments, Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

These materials are for informational or educational purposes only. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. In providing these materials PGIM Investments is not acting as your fiduciary as defined by the Department of Labor.

Investment products are not insured by the FDIC or any federal government agency, may lose value, and are not a deposit of or guaranteed by any bank or any bank affiliate.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

0238636-00023-00   Ed. 3/2017