PGIM Investments to host closed-end fund conference call
PGIM Investments announced it will host a conference call to provide market commentary and product updates for PGIM Short
Duration High Yield Fund, Inc. (NYSE:ISD) and PGIM Global Short Duration High Yield Fund, Inc. (NYSE:GHY).
The call will feature the Funds’ portfolio managers from PGIM Fixed Income’s Leveraged Finance Team. During the call, they will
discuss the Funds’ performance and their current views and outlook on the high yield market. The call will also include a
question-and-answer session.
Details for the call, scheduled for Tuesday, July 17, 2018, including dial-in information, can be found below. A replay of the
call will be available through August 17, 2018.
|
|
|
|
|
Call Date: |
|
|
|
Tuesday, July 17, 2018 |
Call Time: |
|
|
|
2:00 p.m. Eastern time |
Call #: |
|
|
|
(844) 215-9790 |
Call ID: |
|
|
|
2165357 |
Replay #: |
|
|
|
(855) 859-2056 |
|
|
|
|
|
About PGIM and Prudential Financial, Inc.
With 15 consecutive years of positive third-party institutional net flows, PGIM is the global asset management business of
Prudential Financial, Inc. (NYSE:PRU) — a top-10 investment manager globally with more than $1 trillion in assets under management,
according to Pensions & Investments’ 2018 Top Money Managers List. PGIM’s businesses offer a range of investment
solutions for retail and institutional investors around the world across a broad range of asset classes, including fundamental
equity, quantitative equity, public fixed income, private fixed income, real estate and commercial mortgages. Its businesses have
offices in 15 countries across four continents. For more information, please visit pgim.com.
Prudential’s additional businesses offer a variety of products and services, including life insurance, annuities and
retirement-related services. For more information about Prudential, please visit news.prudential.com.
Data and commentary provided in this press release are for informational purposes only. PGIM Investments LLC, the Investment
Manager of the Fund, and its affiliates do not engage in selling shares of the Fund. The Fund is subadvised by PGIM Fixed Income, a
business unit of PGIM, Inc. and an affiliate of the investment manager.
An investment in closed-end fund’s 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.
This material is being provided for informational or educational purposes only and does not take into account the investment
objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is
not a recommendation about managing or investing your retirement savings. Clients seeking information regarding their particular
investment needs should contact a financial professional.
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.
PGIM Fixed Income is a unit of PGIM, Inc., which is a registered investment advisor and Prudential Financial company. © 2018
Prudential Financial, Inc. and its related entities. PGIM, the PGIM logo, and the Rock symbol are service marks of Prudential
Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
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.
0317997-00001-00
For PGIM Investments
Judith Flynn, 973-802-9939
judith.flynn@prudential.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005104/en/