Prudential Short Duration High Yield Fund, Inc. (NYSE:ISD) and
Prudential Global Short Duration High Yield Fund, Inc. (NYSE:GHY),
declared today monthly distributions for September, October and November
2013. The distribution amounts and schedule for each fund appears below:
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Fund Name
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Ticker
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Distribution
Per Share
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Change
From Prior
Distribution
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Prudential Short Duration High Yield Fund, Inc.
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ISD
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$0.1225
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--
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Prudential Global Short Duration High Yield Fund, Inc.
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GHY
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$0.1250
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--
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Month
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Ex-Date
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Record Date
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Payable Date
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September
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9/18/2013
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9/20/2013
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9/30/2013
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October
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10/16/2013
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10/18/2013
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10/31/2013
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November
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11/18/2013
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11/20/2013
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11/29/2013
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This press release is not for tax reporting purposes but is being
provided to announce the amount of each Fund’s distributions that have
been declared by the Board of Directors. In early 2014, after definitive
information is available, each Fund will send shareholders a Form
1099-DIV, if applicable, specifying how the distributions paid by each
Fund during the prior calendar year should be characterized for purposes
of reporting the distributions on a shareholder’s tax return (e.g.,
ordinary income, long-term capital gain or return of capital). If
applicable, a current estimate of the distribution's composition can be
found in the Section 19 notice section of the website. Please consult
your tax advisor for further information.
Each Fund is a diversified, closed-end investment management company
managed by Prudential Investments LLC, and sub-advised by Prudential
Fixed Income, a business unit of Prudential Investment Management Inc.
and an affiliate of the investment manager.
Prudential Investments, the mutual fund business of Prudential
Financial, Inc. oversees Prudential Mutual Funds, which
focuses on traditional mutual funds, separately managed accounts, and
Investment Only Defined Contribution businesses.
Prudential Financial, Inc. (NYSE:PRU), a financial services leader with
more than $1 trillion of assets under management as of June 30, 2013,
has operations in the United States, Asia, Europe, and Latin America.
Prudential’s diverse and talented employees are committed to helping
individual and institutional customers grow and protect their wealth
through a variety of products and services, including life insurance,
annuities, retirement-related services, mutual funds and investment
management. In the U.S., Prudential’s iconic Rock symbol has stood for
strength, stability, expertise and innovation for more than a century.
For more information, please visit www.news.prudential.com.
These Funds invest 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 these Funds.
Prudential Fixed Income is a unit of PIM, which is a registered
investment advisor and Prudential Financial company. Prudential
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.
Control Number: 0249959-00001-00
Copyright Business Wire 2013