September 28, 2016 2:12 PM 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 and Prudential Global Short Duration High Yield Fund Declare Monthly Distributions for September, October and November 2016, Payable on September 30, 2016, October 31, 2016 and November 30, 2016

Prudential Short Duration High Yield Fund Inc. and Prudential Global Short Duration High Yield Fund Inc. on September 1, 2016 declared monthly distributions of USD 0.1025 per share, increased from the prior USD 0.0075 per share; and USD 0.1000 per share that is unchanged from the previous pay out, respectively, for September, October and November 2016. With ex-distribution dates of September 14, October 12, and November 16, 2016, all shareholders of record dates on September 16, October 14, and November 18, 2016 will receive the payment on September 30, 2016, October 31, 2016 and November 30, 2016.

Prudential Short Duration High Yield Fund, Inc. Announces Distributions for September, October and November 2016, Payable on September 30, 2016, October 31, 2016 and November 30, 2016, Respectively

Prudential Short Duration High Yield Fund, Inc. declared monthly distributions of USD 0.1025 for September, October, and November 2016. With ex dates of September 14, 2016, October 12, 2016 and November 16, 2016, all shareholders of record dates on September 16, 2016, October 14, 2016 and November 18, 2016 will be paid the distributions on September 30, 2016, October 31, 2016 and November 30, 2016, respectively.

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.

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