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NEWARK, N.J., November 29, 2024--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for December 2024, and January and February 2025. The distribution amounts and schedule for each fund appears below:
| Fund Name |
| Ticker |
| Distribution |
| Change from Prior |
| PGIM High Yield Bond Fund, Inc. |
| ISD |
| $0.105 |
| – |
| PGIM Global High Yield Fund, Inc. |
| GHY |
| $0.105 |
| – |
| PGIM Short Duration High Yield Opportunities Fund |
| SDHY |
| $0.108 |
| – |
| Month | Ex-Date | Record Date | Payable Date |
| December | 12/12/2024 | 12/12/2024 | 12/31/2024 |
| January | 12/26/2024 | 12/26/2024 | 1/09/2025 |
| February | 2/13/2025 | 2/13/2025 | 2/28/2025 |
The distribution amounts are forward-looking and may include net investment income, currency gains, capital gains and a return of capital, but such a determination cannot be made at this time. 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 applicable Board of Directors.
In early 2025, 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, and when available, 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.
ABOUT PGIM INVESTMENTS
PGIM Investments, LLC and its affiliates offer more than 100 funds globally across a broad spectrum of asset classes and investment styles. All products draw on PGIM’s globally diversified investment platform that encompasses the expertise of managers across fixed income, equities, alternatives and real estate.
ABOUT PGIM
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU). In 42 offices across 19 countries, our more than 1,400 investment professionals serve both retail and institutional clients around the world.
As a leading global asset manager, with $1.4 trillion in assets under management,1 PGIM is built on a foundation of strength, stability, and disciplined risk management. Our multi-affiliate model allows us to deliver specialized expertise across key asset classes with a focused investment approach. This gives our clients a diversified suite of investment strategies and solutions with global depth and scale across public and private asset classes, including fixed income, equities, real estate, private credit, and other alternatives. For more information, visit pgim.com.