August 26, 2016 1:25 AM ET

Capital Markets

Company Overview of Prudential Short Duration High Yield Fund, Inc.

Company Overview

Prudential Short Duration High Yield Fund, Inc. is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody's Investors Service, Inc. or BB+ or lower by Standard & Poor's Ratings Services). It seeks to invest in securities across all maturities, while attempting to maintain a weighted average portfolio duration of three years or less. The fund employs fundamental analysis to make its...

655 Broad Street

Newark, NJ 07102-4410

United States

Founded in 2012

Key Executives for Prudential Short Duration High Yield Fund, Inc.

President and Interested Director
Age: 54
Principal Financial & Accounting Officer and Treasurer
Age: 52
Deputy Chief Compliance Officer
Age: 54
Secretary
Age: 58
Assistant Secretary
Age: 58
Compensation as of Fiscal Year 2016.

Prudential Short Duration High Yield Fund, Inc. Key Developments

Prudential Short Duration High Yield Fund, Inc. Announces Unaudited Earnings Results for the Quarter Ended May 31, 2016

Prudential Short Duration High Yield Fund, Inc. announced unaudited earnings results for the quarter ended May 31, 2016. For the quarter, the company reported net asset value per share as on May 31, 2016 of $16.79 against $16.22 as on February 29, 2016. Net investment income was $10,799,087 or $0.32 per common share against $12,266,736 or $0.37 per common share a year ago. Net realized and unrealized gain was $19,271,080 or $0.58 per common share against net realized and unrealized losses of $2,162,213 or $0.07 per common share a year ago. Net increase in net assets from operations was $30,070,167 or $0.90 per common share against $10,104,523 or $0.30 per common share a year ago.

Prudential Short Duration High Yield Fund, Inc. Announces Distributions for June, July, and August 2016 Respectively, Payable on June 30, 2016, July 29, 2016 and August 31, 2016, Respectively

Prudential Short Duration High Yield Fund, Inc. declared monthly distributions of USD 0.11 for June, July, and August 2016. With ex dates of June 15, 2016, July 13, 2016 and August 17, 2016, all shareholders of record dates on June 17, 2016, July 15, 2016 and August 19, 2016 will be paid the distributions on June 30, 2016, July 29, 2016 and August 31, 2016, respectively.

Prudential Short Duration High Yield Fund, Inc. Reports Unaudited Earnings Results for the Quarter Ended February 29, 2016

Prudential Short Duration High Yield Fund, Inc. reported unaudited earnings results for the quarter ended February 29, 2016. For the quarter, the company reported net investment income of $10,412,373 or $0.31 per share against $12,554,345 or $0.38 per share for the quarter ended a year ago. Net realized and unrealized loss was $18,589,621 or $0.56 per share against $3,692,880 or $0.11 per share for the quarter ended a year ago. Net decrease in net assets from operations was $8,177,248 or $0.25 per share against net increase in net assets from operations of $8,861,465 or $0.27 per share for the quarter ended a year ago. Net asset value per share was $16.22 as on February 29, 2016 against $17.90 as on February 28, 2015.

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