UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: |
811-22632 | |
Exact name of registrant as specified in charter: |
PGIM Short Duration High Yield Fund, Inc. | |
Address of principal executive offices: |
655 Broad Street, 17th Floor, | |
Newark, New Jersey 07102 | ||
Name and address of agent for service: |
Deborah A. Docs | |
655 Broad Street, 17th Floor, | ||
Newark, New Jersey 07102 | ||
Registrants telephone number, including area code: |
973-367-7521 | |
Date of fiscal year end: |
5/31/2019 | |
Date of reporting period: |
8/31/2018 |
Item 1. Schedule of Investments
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Long-Term Investments 132.2% | |||||
Bank Loans 10.2% | |||||
Chemicals 0.5% | |||||
Solenis
International LP, First Lien Initial Dollar Term Loan, 1 - 3 Month LIBOR + 4.000% |
6.188 %(c) | 12/26/23 | 3,000 | $ 3,008,400 | |
Commercial Services 0.6% | |||||
Laureate
Education, Inc., Series 2024 Term Loan, 1 Month LIBOR + 3.500% |
5.576(c) | 04/26/24 | 3,051 | 3,059,743 | |
Computers 1.7% | |||||
Banff
Merger Sub, Inc., Term Loan |
—(p) | 06/28/25 | 3,325 | 3,325,997 | |
Exela
Intermediate LLC, 2018 Repriced Term Loan, 2 Month LIBOR + 6.500% |
8.826(c) | 07/12/23 | 1,962 | 1,962,500 | |
West
Corp., Initial Term B Loan, 1 Month LIBOR + 4.000% |
6.076(c) | 10/10/24 | 4,080 | 4,047,203 | |
9,335,700 | |||||
Engineering & Construction 0.2% | |||||
StandardAero
Aviation Holdings, Inc., Initial Term Loan, 1 Month LIBOR + 3.750% |
5.830(c) | 07/07/22 | 893 | 895,903 | |
Foods 0.2% | |||||
Shearer’s
Foods LLC, First Lien Term Loan, 1 Month LIBOR + 4.250% |
6.326(c) | 06/30/21 | 1,438 | 1,410,525 | |
Insurance 0.2% | |||||
Asurion
LLC, Second Lien Replacement B-2 Term Loan, 1 Month LIBOR + 6.500%^ |
8.576(c) | 08/04/25 | 1,075 | 1,107,250 | |
Internet 0.5% | |||||
Symantec
Corp., Term A-5 Loan, 1 Month LIBOR + 1.750% |
3.830(c) | 08/01/21 | 2,564 | 2,548,077 | |
Media 0.3% | |||||
Radiate
Holdco LLC, Closing Date Term Loan, 1 Month LIBOR + 3.000% |
5.076(c) | 02/01/24 | 1,600 | 1,589,000 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Bank Loans (Continued) | |||||
Mining 0.2% | |||||
Aleris
International, Inc., First Lien Initial Term Loan, 1 Month LIBOR + 4.750% |
6.826 %(c) | 02/27/23 | 875 | $ 886,666 | |
Retail 1.0% | |||||
CEC
Entertainment, Inc., First Lien Term B Loan, 1 Month LIBOR + 3.250% |
5.326(c) | 02/15/21 | 3,197 | 3,005,282 | |
Sally
Holdings LLC, Term B-2 Loan^ |
4.500 | 07/05/24 | 2,825 | 2,683,750 | |
5,689,032 | |||||
Software 1.3% | |||||
Almonde,
Inc., First Lien Dollar Term Loan, 3 Month LIBOR + 3.500% |
5.576(c) | 06/13/24 | 1,892 | 1,882,645 | |
BMC
Software Finance, Inc., Initial B-2 US Term Loan, 1 Month LIBOR + 3.250% |
5.326(c) | 09/10/22 | 3,532 | 3,533,644 | |
Informatica
LLC, Dollar Term B-1 Loan, 1 Month LIBOR + 3.250% |
5.326(c) | 08/05/22 | 1,478 | 1,483,695 | |
6,899,984 | |||||
Technology 1.3% | |||||
McAfee, LLC, | |||||
Closing Date USD Term Loan, 1 Month LIBOR + 4.500% | 6.572(c) | 09/30/24 | 5,071 | 5,108,451 | |
Second Lien Initial Loan, 1 Month LIBOR + 8.500% | 10.573(c) | 09/29/25 | 1,850 | 1,882,375 | |
6,990,826 | |||||
Telecommunications 2.2% | |||||
Digicel
International Finance Ltd., First Lien Initial Term B Loan, 3 Month LIBOR + 3.250% |
5.570(c) | 05/27/24 | 2,382 | 2,250,993 | |
Intelsat Jackson Holdings SA (Luxembourg), | |||||
Tranche B-3 Term Loan, 1 Month LIBOR + 3.750% | 5.815(c) | 11/27/23 | 1,000 | 1,003,750 | |
Tranche B-5 Term Loan | 6.625 | 01/02/24 | 3,795 | 3,965,775 | |
Xplornet
Communications, Inc. (Canada), New Term B Loan, 3 Month LIBOR + 4.000%^ |
6.334(c) | 09/09/21 | 4,815 | 4,833,051 | |
12,053,569 | |||||
Total
Bank Loans (cost $55,258,730) |
55,474,675 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds 122.0% | |||||
Advertising 1.1% | |||||
Outfront Media Capital LLC/Outfront Media Capital Corp., | |||||
Gtd. Notes | 5.250 % | 02/15/22 | 2,695 | $ 2,708,448 | |
Gtd. Notes(aa) | 5.625 | 02/15/24 | 3,475 | 3,514,094 | |
6,222,542 | |||||
Aerospace & Defense 3.2% | |||||
Bombardier, Inc. (Canada), | |||||
Sr. Unsec’d. Notes, 144A(aa) | 7.500 | 12/01/24 | 6,850 | 7,201,062 | |
Sr. Unsec’d. Notes, 144A(aa) | 8.750 | 12/01/21 | 6,525 | 7,177,500 | |
TransDigm,
Inc., Gtd. Notes(aa) |
6.000 | 07/15/22 | 3,150 | 3,181,500 | |
17,560,062 | |||||
Auto Manufacturers 0.3% | |||||
Jaguar
Land Rover Automotive PLC (United Kingdom), Gtd. Notes, 144A |
4.250 | 11/15/19 | 1,600 | 1,596,000 | |
Auto Parts & Equipment 0.7% | |||||
American
Axle & Manufacturing, Inc., Gtd. Notes(aa) |
7.750 | 11/15/19 | 2,500 | 2,625,000 | |
IHO
Verwaltungs GmbH (Germany), Sr. Sec’d. Notes, Cash coupon 4.125% or PIK 4.875%, 144A |
4.125 | 09/15/21 | 925 | 920,375 | |
3,545,375 | |||||
Banks 0.9% | |||||
CIT Group, Inc., | |||||
Sr. Unsec’d. Notes(aa) | 5.000 | 08/15/22 | 4,175 | 4,258,500 | |
Sr. Unsec’d. Notes | 5.250 | 03/07/25 | 900 | 915,187 | |
5,173,687 | |||||
Building Materials 2.2% | |||||
Griffon
Corp., Gtd. Notes(aa) |
5.250 | 03/01/22 | 6,603 | 6,514,190 | |
Standard
Industries, Inc., Sr. Unsec’d. Notes, 144A |
5.375 | 11/15/24 | 825 | 826,031 | |
Summit Materials LLC/Summit Materials Finance Corp., | |||||
Gtd. Notes | 6.125 | 07/15/23 | 170 | 172,338 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Building Materials (cont’d.) | |||||
Summit Materials LLC/Summit Materials Finance Corp., (cont’d.) | |||||
Gtd. Notes | 8.500 % | 04/15/22 | 1,750 | $ 1,870,312 | |
U.S.
Concrete, Inc., Gtd. Notes |
6.375 | 06/01/24 | 2,350 | 2,370,562 | |
11,753,433 | |||||
Chemicals 7.1% | |||||
A
Schulman, Inc., Gtd. Notes |
6.875 | 06/01/23 | 5,160 | 5,432,964 | |
Ashland
LLC, Gtd. Notes |
4.750 | 08/15/22 | 1,460 | 1,474,892 | |
Blue
Cube Spinco LLC, Gtd. Notes |
10.000 | 10/15/25 | 2,215 | 2,563,863 | |
Chemours Co. (The), | |||||
Gtd. Notes(aa) | 6.625 | 05/15/23 | 7,805 | 8,175,737 | |
Gtd. Notes | 7.000 | 05/15/25 | 1,445 | 1,542,538 | |
Hexion,
Inc., Sr. Sec’d. Notes, 144A(aa) |
10.375 | 02/01/22 | 735 | 723,262 | |
NOVA Chemicals Corp. (Canada), | |||||
Sr. Unsec’d. Notes, 144A(aa) | 4.875 | 06/01/24 | 6,795 | 6,642,112 | |
Sr. Unsec’d. Notes, 144A | 5.250 | 08/01/23 | 760 | 760,000 | |
Platform
Specialty Products Corp., Gtd. Notes, 144A(aa) |
6.500 | 02/01/22 | 5,095 | 5,209,638 | |
PQ
Corp., Sr. Sec’d. Notes, 144A(aa) |
6.750 | 11/15/22 | 3,800 | 3,971,000 | |
TPC
Group, Inc., Sr. Sec’d. Notes, 144A |
8.750 | 12/15/20 | 1,343 | 1,343,000 | |
W.R.
Grace & Co., Gtd. Notes, 144A |
5.625 | 10/01/24 | 900 | 950,922 | |
38,789,928 | |||||
Commercial Services 2.6% | |||||
Jaguar
Holding Co. II/Pharmaceutical Product Development LLC, Gtd. Notes, 144A(aa) |
6.375 | 08/01/23 | 3,400 | 3,417,000 | |
Laureate
Education, Inc., Gtd. Notes, 144A |
8.250 | 05/01/25 | 1,500 | 1,618,125 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Commercial Services (cont’d.) | |||||
Nielsen
Co. Luxembourg SARL (The), Gtd. Notes, 144A |
5.500 % | 10/01/21 | 3,515 | $ 3,519,394 | |
Nielsen
Finance LLC/Nielsen Finance Co., Gtd. Notes, 144A(aa) |
5.000 | 04/15/22 | 5,500 | 5,340,775 | |
13,895,294 | |||||
Computers 4.1% | |||||
Dell International LLC/EMC Corp., | |||||
Gtd. Notes, 144A(aa) | 5.875 | 06/15/21 | 6,550 | 6,739,393 | |
Gtd. Notes, 144A(aa) | 7.125 | 06/15/24 | 4,775 | 5,104,714 | |
Everi
Payments, Inc., Gtd. Notes, 144A |
7.500 | 12/15/25 | 400 | 406,400 | |
NCR Corp., | |||||
Gtd. Notes(aa) | 4.625 | 02/15/21 | 2,575 | 2,529,937 | |
Gtd. Notes | 5.000 | 07/15/22 | 1,882 | 1,834,950 | |
Gtd. Notes(aa) | 5.875 | 12/15/21 | 3,235 | 3,264,600 | |
Gtd. Notes | 6.375 | 12/15/23 | 2,350 | 2,358,813 | |
22,238,807 | |||||
Distribution/Wholesale 0.3% | |||||
Global Partners LP/GLP Finance Corp., | |||||
Gtd. Notes | 6.250 | 07/15/22 | 550 | 545,875 | |
Gtd. Notes | 7.000 | 06/15/23 | 1,350 | 1,356,750 | |
1,902,625 | |||||
Diversified Financial Services 2.6% | |||||
Alliance Data Systems Corp., | |||||
Gtd. Notes, 144A | 5.375 | 08/01/22 | 2,545 | 2,557,725 | |
Gtd. Notes, 144A, MTN | 5.875 | 11/01/21 | 2,900 | 2,965,250 | |
Nationstar
Mortgage Holdings, Inc., Gtd. Notes, 144A(aa) |
8.125 | 07/15/23 | 6,200 | 6,432,500 | |
Navient Corp., | |||||
Sr. Unsec’d. Notes | 6.500 | 06/15/22 | 825 | 853,092 | |
Sr. Unsec’d. Notes | 6.625 | 07/26/21 | 525 | 546,656 | |
Sr. Unsec’d. Notes, MTN | 8.000 | 03/25/20 | 425 | 450,606 | |
VFH
Parent LLC/Orchestra Co-Issuer, Inc., Sec’d. Notes, 144A |
6.750 | 06/15/22 | 325 | 334,750 | |
14,140,579 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Electric 5.4% | |||||
Calpine Corp., | |||||
Sr. Sec’d. Notes, 144A | 5.875 % | 01/15/24 | 550 | $ 554,813 | |
Sr. Unsec’d. Notes(aa) | 5.375 | 01/15/23 | 4,155 | 3,947,250 | |
Sr. Unsec’d. Notes(aa) | 5.500 | 02/01/24 | 3,575 | 3,281,778 | |
DPL,
Inc., Sr. Unsec’d. Notes(aa) |
6.750 | 10/01/19 | 1,564 | 1,610,920 | |
GenOn Energy, Inc., | |||||
Sr. Unsec’d. Notes(d) | 7.875 | 06/15/17 | 750 | 511,875 | |
Sr. Unsec’d. Notes(d) | 9.500 | 10/15/18 | 2,625 | 1,768,594 | |
NRG Energy, Inc., | |||||
Gtd. Notes(aa) | 6.250 | 07/15/22 | 1,661 | 1,714,982 | |
Gtd. Notes(aa) | 6.250 | 05/01/24 | 3,625 | 3,751,875 | |
NRG
REMA LLC, Pass-Through Certificates, Series C(aa) |
9.681 | 07/02/26 | 1,023 | 721,111 | |
Red
Oak Power LLC, Sr. Sec’d. Notes, Series B |
9.200 | 11/30/29 | 775 | 880,594 | |
Vistra Energy Corp., | |||||
Gtd. Notes | 7.375 | 11/01/22 | 8,825 | 9,189,031 | |
Gtd. Notes | 7.625 | 11/01/24 | 1,317 | 1,415,775 | |
29,348,598 | |||||
Electronics 0.1% | |||||
Jabil,
Inc., Sr. Unsec’d. Notes |
5.625 | 12/15/20 | 690 | 718,911 | |
Engineering & Construction 0.3% | |||||
StandardAero
Aviation Holdings, Inc., Gtd. Notes, 144A |
10.000 | 07/15/23 | 1,525 | 1,643,188 | |
Entertainment 4.3% | |||||
AMC
Entertainment Holdings, Inc., Gtd. Notes(aa) |
5.875 | 02/15/22 | 1,150 | 1,168,687 | |
Carmike
Cinemas, Inc., Sec’d. Notes, 144A(aa) |
6.000 | 06/15/23 | 2,250 | 2,289,375 | |
CCM
Merger, Inc., Sr. Unsec’d. Notes, 144A(aa) |
6.000 | 03/15/22 | 4,000 | 4,060,000 | |
Eldorado
Resorts, Inc., Gtd. Notes(aa) |
7.000 | 08/01/23 | 2,200 | 2,317,260 | |
GLP
Capital LP/GLP Financing II, Inc., Gtd. Notes |
5.375 | 11/01/23 | 1,500 | 1,578,750 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Entertainment (cont’d.) | |||||
International
Game Technology PLC, Sr. Sec’d. Notes, 144A(aa) |
6.250 % | 02/15/22 | 3,150 | $ 3,250,800 | |
Jacobs
Entertainment, Inc., Sec’d. Notes, 144A |
7.875 | 02/01/24 | 600 | 633,000 | |
National
CineMedia LLC, Sr. Sec’d. Notes(aa) |
6.000 | 04/15/22 | 2,630 | 2,669,450 | |
Scientific Games International, Inc., | |||||
Gtd. Notes(aa) | 6.625 | 05/15/21 | 3,000 | 2,970,000 | |
Gtd. Notes | 10.000 | 12/01/22 | 2,500 | 2,644,000 | |
23,581,322 | |||||
Environmental Control 0.5% | |||||
Clean
Harbors, Inc., Gtd. Notes(aa) |
5.125 | 06/01/21 | 2,600 | 2,606,500 | |
Foods 1.9% | |||||
B&G
Foods, Inc., Gtd. Notes |
4.625 | 06/01/21 | 1,400 | 1,393,000 | |
JBS
Investments GmbH, Gtd. Notes, 144A |
7.750 | 10/28/20 | 1,500 | 1,524,015 | |
JBS USA LUX SA/JBS USA Finance, Inc., | |||||
Gtd. Notes, 144A | 7.250 | 06/01/21 | 1,050 | 1,061,813 | |
Gtd. Notes, 144A(aa) | 7.250 | 06/01/21 | 6,325 | 6,396,156 | |
10,374,984 | |||||
Forest Products & Paper 0.5% | |||||
Cascades,
Inc. (Canada), Gtd. Notes, 144A |
5.500 | 07/15/22 | 1,982 | 1,982,000 | |
Mercer
International, Inc. (Canada), Sr. Unsec’d. Notes |
7.750 | 12/01/22 | 590 | 616,550 | |
2,598,550 | |||||
Gas 0.4% | |||||
AmeriGas
Partners LP/AmeriGas Finance Corp., Sr. Unsec’d. Notes |
5.625 | 05/20/24 | 375 | 372,188 | |
Rockpoint
Gas Storage Canada Ltd. (Canada), Sr. Sec’d. Notes, 144A(aa) |
7.000 | 03/31/23 | 1,725 | 1,737,937 | |
2,110,125 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Healthcare-Products 0.6% | |||||
Mallinckrodt International Finance SA/Mallinckrodt CB LLC, | |||||
Gtd. Notes, 144A(aa) | 4.875 % | 04/15/20 | 1,960 | $ 1,952,650 | |
Gtd. Notes, 144A | 5.750 | 08/01/22 | 1,565 | 1,459,363 | |
3,412,013 | |||||
Healthcare-Services 8.3% | |||||
Acadia Healthcare Co., Inc., | |||||
Gtd. Notes | 5.125 | 07/01/22 | 500 | 502,500 | |
Gtd. Notes(aa) | 5.625 | 02/15/23 | 2,625 | 2,677,500 | |
Gtd. Notes | 6.500 | 03/01/24 | 600 | 621,750 | |
Centene
Corp., Sr. Unsec’d. Notes |
5.625 | 02/15/21 | 2,400 | 2,448,000 | |
CHS/Community Health Systems, Inc., | |||||
Gtd. Notes | 6.875 | 02/01/22 | 675 | 344,250 | |
Sec’d. Notes, 144A | 8.125 | 06/30/24 | 950 | 781,375 | |
Sr. Sec’d. Notes | 6.250 | 03/31/23 | 1,475 | 1,401,250 | |
HCA
Healthcare, Inc., Sr. Unsec’d. Notes(aa) |
6.250 | 02/15/21 | 1,750 | 1,828,750 | |
HCA, Inc., | |||||
Gtd. Notes(aa) | 7.500 | 02/15/22 | 3,350 | 3,676,625 | |
Sr. Sec’d. Notes(aa) | 4.750 | 05/01/23 | 4,700 | 4,776,375 | |
LifePoint
Health, Inc., Gtd. Notes(aa) |
5.500 | 12/01/21 | 635 | 645,319 | |
MEDNAX,
Inc., Gtd. Notes, 144A |
5.250 | 12/01/23 | 1,743 | 1,738,642 | |
Molina
Healthcare, Inc., Gtd. Notes(aa) |
5.375 | 11/15/22 | 2,410 | 2,458,200 | |
Select
Medical Corp., Gtd. Notes(aa) |
6.375 | 06/01/21 | 2,500 | 2,525,000 | |
Surgery
Center Holdings, Inc., Gtd. Notes, 144A |
8.875 | 04/15/21 | 2,450 | 2,551,062 | |
Tenet Healthcare Corp., | |||||
Sec’d. Notes, 144A | 7.500 | 01/01/22 | 3,275 | 3,429,547 | |
Sr. Sec’d. Notes | 4.375 | 10/01/21 | 175 | 174,563 | |
Sr. Sec’d. Notes(aa) | 4.625 | 07/15/24 | 2,325 | 2,277,407 | |
Sr. Sec’d. Notes | 4.750 | 06/01/20 | 1,525 | 1,540,250 | |
Sr. Sec’d. Notes | 6.000 | 10/01/20 | 705 | 732,319 | |
Sr. Unsec’d. Notes | 6.750 | 02/01/20 | 475 | 488,063 | |
Sr. Unsec’d. Notes(aa) | 6.750 | 06/15/23 | 4,775 | 4,775,000 | |
Sr. Unsec’d. Notes(aa) | 8.125 | 04/01/22 | 2,400 | 2,535,000 | |
44,928,747 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Home Builders 8.8% | |||||
Ashton
Woods USA LLC/Ashton Woods Finance Co., Sr. Unsec’d. Notes, 144A(aa) |
6.875 % | 02/15/21 | 3,950 | $ 3,989,500 | |
AV
Homes, Inc., Gtd. Notes |
6.625 | 05/15/22 | 2,050 | 2,096,125 | |
Beazer
Homes USA, Inc., Gtd. Notes(aa) |
8.750 | 03/15/22 | 6,150 | 6,501,718 | |
Brookfield
Residential Properties, Inc. (Canada), Gtd. Notes, 144A(aa) |
6.500 | 12/15/20 | 2,765 | 2,781,590 | |
Brookfield
Residential Properties, Inc./Brookfield Residential US Corp. (Canada), Gtd. Notes, 144A |
6.125 | 07/01/22 | 750 | 755,625 | |
KB
Home, Gtd. Notes(aa) |
4.750 | 05/15/19 | 3,609 | 3,618,022 | |
Lennar Corp., | |||||
Gtd. Notes(aa) | 4.125 | 01/15/22 | 2,600 | 2,583,750 | |
Gtd. Notes | 4.500 | 11/15/19 | 1,000 | 1,006,250 | |
Gtd. Notes | 6.250 | 12/15/21 | 350 | 367,500 | |
M/I
Homes, Inc., Gtd. Notes(aa) |
6.750 | 01/15/21 | 3,675 | 3,757,246 | |
Mattamy
Group Corp. (Canada), Sr. Unsec’d. Notes, 144A |
6.875 | 12/15/23 | 2,225 | 2,263,938 | |
New
Home Co., Inc. (The), Gtd. Notes |
7.250 | 04/01/22 | 3,150 | 3,197,250 | |
PulteGroup,
Inc., Gtd. Notes |
4.250 | 03/01/21 | 1,100 | 1,105,830 | |
Taylor
Morrison Communities, Inc./Taylor Morrison Holdings II, Inc., |
|||||
Gtd. Notes, 144A(aa) | 5.250 | 04/15/21 | 4,025 | 4,019,969 | |
Gtd. Notes, 144A | 5.625 | 03/01/24 | 1,910 | 1,876,575 | |
Gtd. Notes, 144A | 5.875 | 04/15/23 | 350 | 350,105 | |
TRI
Pointe Group, Inc., Gtd. Notes(aa) |
4.875 | 07/01/21 | 2,400 | 2,394,000 | |
TRI
Pointe Group, Inc./TRI Pointe Homes, Inc., Gtd. Notes |
4.375 | 06/15/19 | 1,288 | 1,294,440 | |
William Lyon Homes, Inc., | |||||
Gtd. Notes | 7.000 | 08/15/22 | 2,150 | 2,190,313 | |
Gtd. Notes, 144A | 6.000 | 09/01/23 | 1,550 | 1,496,215 | |
47,645,961 | |||||
Home Furnishings 0.4% | |||||
Tempur
Sealy International, Inc., Gtd. Notes |
5.625 | 10/15/23 | 2,175 | 2,175,000 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Internet 0.7% | |||||
Zayo
Group LLC/Zayo Capital, Inc., Gtd. Notes(aa) |
6.000 % | 04/01/23 | 3,470 | $ 3,576,425 | |
Iron/Steel 1.4% | |||||
AK
Steel Corp., Sr. Sec’d. Notes |
7.500 | 07/15/23 | 2,910 | 3,040,950 | |
Cleveland-Cliffs,
Inc., Sr. Sec’d. Notes, 144A(aa) |
4.875 | 01/15/24 | 4,980 | 4,855,500 | |
7,896,450 | |||||
Leisure Time 0.5% | |||||
NCL
Corp. Ltd., Sr. Unsec’d. Notes, 144A |
4.750 | 12/15/21 | 909 | 914,681 | |
Silversea
Cruise Finance Ltd., Sr. Sec’d. Notes, 144A |
7.250 | 02/01/25 | 1,425 | 1,547,907 | |
2,462,588 | |||||
Lodging 2.2% | |||||
Jack Ohio Finance LLC/Jack Ohio Finance 1 Corp., | |||||
Sec’d. Notes, 144A | 10.250 | 11/15/22 | 975 | 1,060,312 | |
Sr. Sec’d. Notes, 144A(aa) | 6.750 | 11/15/21 | 4,100 | 4,243,500 | |
MGM Resorts International, | |||||
Gtd. Notes | 6.000 | 03/15/23 | 400 | 415,260 | |
Gtd. Notes(aa) | 8.625 | 02/01/19 | 6,380 | 6,505,048 | |
12,224,120 | |||||
Media 20.7% | |||||
Altice
US Finance I Corp., Sr. Sec’d. Notes, 144A(aa) |
5.375 | 07/15/23 | 3,165 | 3,184,781 | |
AMC Networks, Inc., | |||||
Gtd. Notes(aa) | 4.750 | 12/15/22 | 5,683 | 5,683,000 | |
Gtd. Notes | 5.000 | 04/01/24 | 150 | 147,563 | |
CCO Holdings LLC/CCO Holdings Capital Corp., | |||||
Sr. Unsec’d. Notes | 5.125 | 02/15/23 | 350 | 350,438 | |
Sr. Unsec’d. Notes(aa) | 5.250 | 09/30/22 | 7,365 | 7,415,634 | |
Sr. Unsec’d. Notes, 144A | 4.000 | 03/01/23 | 1,690 | 1,611,838 | |
Sr. Unsec’d. Notes, 144A(aa) | 5.125 | 05/01/23 | 8,530 | 8,530,000 | |
Sr. Unsec’d. Notes, 144A | 5.875 | 04/01/24 | 1,115 | 1,137,300 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Media (cont’d.) | |||||
Cequel
Communications Holdings I LLC/Cequel Capital Corp., |
|||||
Sr. Unsec’d. Notes, 144A(aa) | 5.125 % | 12/15/21 | 4,930 | $ 4,923,788 | |
Sr. Unsec’d. Notes, 144A(aa) | 5.125 | 12/15/21 | 9,903 | 9,903,000 | |
Clear Channel Worldwide Holdings, Inc., | |||||
Gtd. Notes, Series A(aa) | 6.500 | 11/15/22 | 3,090 | 3,147,937 | |
Gtd. Notes, Series A | 7.625 | 03/15/20 | 1,085 | 1,082,288 | |
Gtd. Notes, Series B | 6.500 | 11/15/22 | 1,973 | 2,017,392 | |
Gtd. Notes, Series B | 7.625 | 03/15/20 | 2,515 | 2,524,431 | |
DISH DBS Corp., | |||||
Gtd. Notes(aa) | 5.125 | 05/01/20 | 2,875 | 2,889,375 | |
Gtd. Notes | 5.875 | 07/15/22 | 480 | 460,800 | |
Gtd. Notes(aa) | 6.750 | 06/01/21 | 5,643 | 5,727,645 | |
LIN
Television Corp., Gtd. Notes |
5.875 | 11/15/22 | 850 | 867,000 | |
Mediacom
Broadband LLC/Mediacom Broadband Corp., Sr. Unsec’d. Notes |
5.500 | 04/15/21 | 1,800 | 1,813,500 | |
Midcontinent
Communications/Midcontinent Finance Corp., Gtd. Notes, 144A |
6.875 | 08/15/23 | 4,960 | 5,214,200 | |
Nexstar
Broadcasting, Inc., Gtd. Notes, 144A |
6.125 | 02/15/22 | 1,035 | 1,052,466 | |
Quebecor
Media, Inc. (Canada), Sr. Unsec’d. Notes(aa) |
5.750 | 01/15/23 | 6,160 | 6,375,600 | |
Radiate Holdco LLC/Radiate Finance, Inc., | |||||
Sr. Unsec’d. Notes, 144A | 6.625 | 02/15/25 | 150 | 140,250 | |
Sr. Unsec’d. Notes, 144A | 6.875 | 02/15/23 | 1,055 | 1,018,075 | |
Sinclair Television Group, Inc., | |||||
Gtd. Notes(aa) | 5.375 | 04/01/21 | 3,931 | 3,945,741 | |
Gtd. Notes | 6.125 | 10/01/22 | 4,475 | 4,587,770 | |
Gtd. Notes, 144A | 5.625 | 08/01/24 | 2,080 | 2,048,800 | |
TEGNA, Inc., | |||||
Gtd. Notes | 5.125 | 10/15/19 | 346 | 346,000 | |
Gtd. Notes(aa) | 6.375 | 10/15/23 | 4,735 | 4,906,644 | |
Gtd. Notes, 144A(aa) | 4.875 | 09/15/21 | 4,260 | 4,270,650 | |
Tribune
Media Co., Gtd. Notes(aa) |
5.875 | 07/15/22 | 4,045 | 4,105,675 | |
Univision Communications, Inc., | |||||
Sr. Sec’d. Notes, 144A(aa) | 5.125 | 05/15/23 | 3,035 | 2,883,250 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Media (cont’d.) | |||||
Univision Communications, Inc., (cont’d.) | |||||
Sr. Sec’d. Notes, 144A(aa) | 6.750 % | 09/15/22 | 5,958 | $ 6,084,607 | |
UPCB
Finance IV Ltd. (Netherlands), Sr. Sec’d. Notes, 144A |
5.375 | 01/15/25 | 2,000 | 1,975,200 | |
Videotron
Ltd. (Canada), Gtd. Notes |
5.000 | 07/15/22 | 345 | 351,038 | |
112,723,676 | |||||
Metal Fabricate/Hardware 1.7% | |||||
Novelis
Corp., Gtd. Notes, 144A(aa) |
6.250 | 08/15/24 | 4,063 | 4,113,788 | |
Zekelman
Industries, Inc., Sr. Sec’d. Notes, 144A(aa) |
9.875 | 06/15/23 | 4,654 | 5,055,407 | |
9,169,195 | |||||
Mining 3.2% | |||||
First
Quantum Minerals Ltd. (Zambia), Gtd. Notes, 144A(aa) |
7.000 | 02/15/21 | 2,255 | 2,231,041 | |
Freeport-McMoRan, Inc., | |||||
Gtd. Notes | 3.550 | 03/01/22 | 650 | 627,250 | |
Gtd. Notes(aa) | 3.875 | 03/15/23 | 5,275 | 5,070,594 | |
International
Wire Group, Inc., Sec’d. Notes, 144A |
10.750 | 08/01/21 | 1,200 | 1,191,000 | |
New
Gold, Inc. (Canada), Gtd. Notes, 144A(aa) |
6.250 | 11/15/22 | 2,185 | 1,939,187 | |
Teck Resources Ltd. (Canada), | |||||
Gtd. Notes | 4.500 | 01/15/21 | 590 | 597,375 | |
Gtd. Notes, 144A | 8.500 | 06/01/24 | 5,350 | 5,871,625 | |
17,528,072 | |||||
Miscellaneous Manufacturing 0.0% | |||||
FXI
Holdings, Inc., Sr. Sec’d. Notes, 144A |
7.875 | 11/01/24 | 225 | 216,844 | |
Oil & Gas 6.8% | |||||
Alta
Mesa Holdings LP/Alta Mesa Finance Services Corp., Gtd. Notes |
7.875 | 12/15/24 | 2,225 | 2,183,281 | |
Antero Resources Corp., | |||||
Gtd. Notes | 5.125 | 12/01/22 | 275 | 277,750 | |
Gtd. Notes | 5.375 | 11/01/21 | 925 | 940,031 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Oil & Gas (cont’d.) | |||||
Antero Resources Corp., (cont’d.) | |||||
Gtd. Notes | 5.625 % | 06/01/23 | 1,500 | $ 1,543,575 | |
Ascent
Resources Utica Holdings LLC/ARU Finance Corp., Sr. Unsec’d. Notes, 144A(aa) |
10.000 | 04/01/22 | 7,608 | 8,406,840 | |
Citgo
Holding, Inc., Sr. Sec’d. Notes, 144A(aa) |
10.750 | 02/15/20 | 5,120 | 5,465,600 | |
CNX Resources Corp., | |||||
Gtd. Notes(aa) | 5.875 | 04/15/22 | 5,008 | 5,007,750 | |
Gtd. Notes | 8.000 | 04/01/23 | 515 | 544,772 | |
Denbury
Resources, Inc., Sec’d. Notes, 144A |
9.000 | 05/15/21 | 500 | 537,500 | |
Endeavor
Energy Resources LP/EER Finance, Inc., Sr. Unsec’d. Notes, 144A |
5.500 | 01/30/26 | 1,925 | 1,920,187 | |
MEG Energy Corp. (Canada), | |||||
Gtd. Notes, 144A(aa) | 6.375 | 01/30/23 | 4,500 | 4,083,750 | |
Gtd. Notes, 144A | 7.000 | 03/31/24 | 325 | 294,938 | |
Range Resources Corp., | |||||
Gtd. Notes | 5.000 | 03/15/23 | 1,325 | 1,296,247 | |
Gtd. Notes | 5.875 | 07/01/22 | 1,000 | 1,010,000 | |
Sunoco
LP/Sunoco Finance Corp., Gtd. Notes, 144A |
4.875 | 01/15/23 | 2,200 | 2,170,388 | |
WPX Energy, Inc., | |||||
Sr. Unsec’d. Notes | 6.000 | 01/15/22 | 725 | 748,563 | |
Sr. Unsec’d. Notes | 8.250 | 08/01/23 | 450 | 510,750 | |
36,941,922 | |||||
Packaging & Containers 2.5% | |||||
ARD
Finance SA (Luxembourg), Sr. Sec’d. Notes, Cash coupon 7.125% or PIK 7.875% |
7.125 | 09/15/23 | 1,550 | 1,571,313 | |
Ardagh
Packaging Finance PLC/Ardagh Holdings USA, Inc. (Ireland), Sr. Sec’d. Notes, 144A |
4.250 | 09/15/22 | 2,300 | 2,268,375 | |
Greif,
Inc., Sr. Unsec’d. Notes(aa) |
7.750 | 08/01/19 | 5,500 | 5,692,500 | |
Reynolds
Group Issuer, Inc./Reynolds Group Issuer LLC, Sr. Sec’d. Notes(aa) |
5.750 | 10/15/20 | 4,143 | 4,148,114 | |
13,680,302 | |||||
Pharmaceuticals 0.3% | |||||
Bausch
Health Cos., Inc., Sr. Sec’d. Notes, 144A |
6.500 | 03/15/22 | 775 | 802,125 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Pharmaceuticals (cont’d.) | |||||
Endo
Finance LLC, Gtd. Notes, 144A |
5.750 % | 01/15/22 | 175 | $ 161,875 | |
Endo
Finance LLC/Endo Finco, Inc., Gtd. Notes, 144A |
5.375 | 01/15/23 | 1,000 | 855,000 | |
1,819,000 | |||||
Pipelines 1.0% | |||||
DCP
Midstream Operating LP, Gtd. Notes, 144A |
4.750 | 09/30/21 | 1,000 | 1,015,000 | |
Genesis
Energy LP/Genesis Energy Finance Corp., Gtd. Notes(aa) |
6.000 | 05/15/23 | 3,050 | 3,000,437 | |
NGPL
PipeCo LLC, Sr. Unsec’d. Notes, 144A |
4.375 | 08/15/22 | 1,200 | 1,209,000 | |
5,224,437 | |||||
Real Estate 0.1% | |||||
WeWork
Cos., Inc., Gtd. Notes, 144A |
7.875 | 05/01/25 | 350 | 339,115 | |
Real Estate Investment Trusts (REITs) 2.0% | |||||
FelCor
Lodging LP, Gtd. Notes |
6.000 | 06/01/25 | 2,150 | 2,219,875 | |
Sabra
Health Care LP/Sabra Capital Corp., Gtd. Notes(aa) |
5.500 | 02/01/21 | 2,625 | 2,675,859 | |
SBA Communications Corp., | |||||
Sr. Unsec’d. Notes | 4.000 | 10/01/22 | 4,645 | 4,541,602 | |
Sr. Unsec’d. Notes | 4.875 | 07/15/22 | 500 | 506,250 | |
VICI
Properties 1 LLC/VICI FC, Inc., Sec’d. Notes |
8.000 | 10/15/23 | 748 | 825,988 | |
10,769,574 | |||||
Retail 5.2% | |||||
Brinker
International, Inc., Gtd. Notes, 144A |
5.000 | 10/01/24 | 1,050 | 1,013,250 | |
CEC
Entertainment, Inc., Gtd. Notes |
8.000 | 02/15/22 | 1,175 | 1,110,375 | |
Ferrellgas LP/Ferrellgas Finance Corp., | |||||
Gtd. Notes | 6.750 | 06/15/23 | 725 | 623,500 | |
Sr. Unsec’d. Notes | 6.750 | 01/15/22 | 675 | 600,750 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Retail (cont’d.) | |||||
Ferrellgas Partners LP/Ferrellgas Partners Finance Corp., | |||||
Sr. Unsec’d. Notes | 8.625 % | 06/15/20 | 900 | $ 882,000 | |
Sr. Unsec’d. Notes(aa) | 8.625 | 06/15/20 | 2,350 | 2,303,000 | |
Golden Nugget, Inc., | |||||
Gtd. Notes, 144A | 8.750 | 10/01/25 | 1,500 | 1,582,500 | |
Sr. Unsec’d. Notes, 144A | 6.750 | 10/15/24 | 1,400 | 1,422,750 | |
Hot
Topic, Inc., Sr. Sec’d. Notes, 144A |
9.250 | 06/15/21 | 955 | 926,350 | |
L Brands, Inc., | |||||
Gtd. Notes | 5.625 | 02/15/22 | 1,000 | 1,011,250 | |
Gtd. Notes(aa) | 5.625 | 10/15/23 | 2,770 | 2,770,000 | |
Gtd. Notes(aa) | 6.625 | 04/01/21 | 3,750 | 3,937,500 | |
Gtd. Notes | 7.000 | 05/01/20 | 750 | 783,750 | |
PetSmart,
Inc., Gtd. Notes, 144A |
7.125 | 03/15/23 | 2,675 | 1,798,937 | |
PF
Chang’s China Bistro, Inc., Gtd. Notes, 144A |
10.250 | 06/30/20 | 1,050 | 1,008,000 | |
Rite
Aid Corp., Gtd. Notes, 144A |
6.125 | 04/01/23 | 4,425 | 3,970,110 | |
Sally
Holdings LLC/Sally Capital, Inc., Gtd. Notes |
5.500 | 11/01/23 | 200 | 193,000 | |
Yum!
Brands, Inc., Sr. Unsec’d. Notes(aa) |
3.875 | 11/01/20 | 2,400 | 2,400,000 | |
28,337,022 | |||||
Semiconductors 0.7% | |||||
NXP
BV/NXP Funding LLC (Netherlands), Gtd. Notes, 144A |
3.875 | 09/01/22 | 1,090 | 1,080,463 | |
Sensata
Technologies BV, Gtd. Notes, 144A |
4.875 | 10/15/23 | 2,680 | 2,680,000 | |
3,760,463 | |||||
Software 7.9% | |||||
First
Data Corp., Gtd. Notes, 144A(aa) |
7.000 | 12/01/23 | 15,375 | 15,997,687 | |
Infor
Software Parent LLC/Infor Software Parent, Inc., Sr. Unsec’d. Notes, Cash coupon 7.125% or PIK 7.875%, 144A |
7.125 | 05/01/21 | 1,065 | 1,074,660 | |
Infor US, Inc., | |||||
Gtd. Notes | 6.500 | 05/15/22 | 3,250 | 3,292,153 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Software (cont’d.) | |||||
Infor US, Inc., (cont’d.) | |||||
Sr. Sec’d. Notes, 144A(aa) | 5.750 % | 08/15/20 | 5,340 | $ 5,420,100 | |
Informatica
LLC, Sr. Unsec’d. Notes, 144A(aa) |
7.125 | 07/15/23 | 2,500 | 2,543,750 | |
Nuance
Communications, Inc., Gtd. Notes, 144A(aa) |
5.375 | 08/15/20 | 3,880 | 3,880,000 | |
RP
Crown Parent LLC, Sr. Sec’d. Notes, 144A(aa) |
7.375 | 10/15/24 | 3,085 | 3,184,337 | |
TIBCO
Software, Inc., Sr. Unsec’d. Notes, 144A(aa) |
11.375 | 12/01/21 | 6,940 | 7,425,800 | |
42,818,487 | |||||
Telecommunications 6.9% | |||||
CenturyLink, Inc., | |||||
Sr. Unsec’d. Notes, Series S(aa) | 6.450 | 06/15/21 | 5,800 | 6,032,000 | |
Sr. Unsec’d. Notes, Series V | 5.625 | 04/01/20 | 1,500 | 1,531,875 | |
CommScope, Inc., | |||||
Gtd. Notes, 144A(aa) | 5.000 | 06/15/21 | 4,740 | 4,763,700 | |
Gtd. Notes, 144A | 5.500 | 06/15/24 | 1,715 | 1,736,437 | |
Level 3 Financing, Inc., | |||||
Gtd. Notes | 5.375 | 08/15/22 | 250 | 252,500 | |
Gtd. Notes(aa) | 6.125 | 01/15/21 | 6,022 | 6,057,771 | |
Level
3 Parent LLC, Sr. Unsec’d. Notes |
5.750 | 12/01/22 | 925 | 931,938 | |
Qwest
Capital Funding, Inc., Gtd. Notes |
6.500 | 11/15/18 | 1,000 | 1,006,250 | |
Sprint
Communications, Inc., Gtd. Notes, 144A(aa) |
7.000 | 03/01/20 | 4,500 | 4,674,375 | |
Sprint Corp., | |||||
Gtd. Notes(aa) | 7.250 | 09/15/21 | 3,225 | 3,381,219 | |
Gtd. Notes(aa) | 7.875 | 09/15/23 | 4,910 | 5,284,387 | |
T-Mobile USA, Inc., | |||||
Gtd. Notes | 6.000 | 03/01/23 | 875 | 900,550 | |
Gtd. Notes | 6.375 | 03/01/25 | 1,200 | 1,248,000 | |
37,801,002 | |||||
Textiles 0.0% | |||||
Eagle
Intermediate Global Holding BV/Ruyi US Finance LLC (China), Sr. Sec’d. Notes, 144A |
7.500 | 05/01/25 | 150 | 149,625 |
Description | Interest
Rate |
Maturity
Date |
Principal
Amount (000)# |
Value | |
Corporate Bonds (Continued) | |||||
Transportation 0.3% | |||||
XPO
Logistics, Inc., Gtd. Notes, 144A |
6.500 % | 06/15/22 | 1,405 | $ 1,451,323 | |
Trucking & Leasing 1.3% | |||||
Avolon
Holdings Funding Ltd. (Ireland), Gtd. Notes, 144A |
5.500 | 01/15/23 | 1,875 | 1,926,562 | |
DAE
Funding LLC (United Arab Emirates), Gtd. Notes, 144A |
4.500 | 08/01/22 | 1,150 | 1,132,750 | |
Park Aerospace Holdings Ltd. (Ireland), | |||||
Gtd. Notes, 144A | 4.500 | 03/15/23 | 200 | 197,750 | |
Gtd. Notes, 144A | 5.250 | 08/15/22 | 3,350 | 3,412,812 | |
Gtd. Notes, 144A | 5.500 | 02/15/24 | 375 | 385,313 | |
7,055,187 | |||||
Total
Corporate Bonds (cost $667,849,959) |
663,907,060 |
Shares | |||||
Common Stock 0.0% | |||||
Oil, Gas & Consumable Fuels | |||||
Frontera
Energy Corp. (Colombia)* (cost $43,940) |
2,066 | 29,379 | |||
Total
Long-Term Investments (cost $723,152,629) |
719,411,114 | ||||
Short-Term Investment 1.4% | |||||
Affiliated Mutual Fund | |||||
PGIM
Core Ultra Short Bond Fund (cost $7,433,568)(w) |
7,433,568 | 7,433,568 | |||
TOTAL
INVESTMENTS 133.6% (cost $730,586,197) |
726,844,682 | ||||
Liabilities in excess of other assets (33.6)% | (182,736,062) | ||||
Net Assets 100.0% | $ 544,108,620 |
The following abbreviations are used in the quarterly schedule of portfolio holdings: |
* | Non-income producing security. |
# | Principal amount is shown in U.S. dollars unless otherwise stated. |
^ | Indicates a Level 3 security. The aggregate value of Level 3 securities is $8,624,051 and 1.6% of net assets. |
(aa) | Represents security, or a portion thereof, with aggregate value of $403,202,764 segregated as collateral for amount of $190,000,000 borrowed and outstanding as of August 31, 2018. |
(c) | Variable rate instrument. The interest rate shown reflects the rate in effect at August 31, 2018. |
(d) | Represents issuer in default on interest payments and/or principal repayment. Non-income producing security. Such securities may be post-maturity. |
(p) | Interest rate not available as of August 31, 2018. |
(w) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Ultra Short Bond Fund. |
Level 1 | Level 2 | Level 3 | |||
Investments in Securities | |||||
Bank
Loans |
$ — | $ 46,850,624 | $8,624,051 | ||
Corporate
Bonds |
— | 663,907,060 | — | ||
Common
Stock |
29,379 | — | — | ||
Affiliated Mutual
Fund |
7,433,568 | — | — | ||
Total | $7,462,947 | $710,757,684 | $8,624,051 |
Bank Loans | ||
Balance as of 05/31/18 | $ 1,429,305 | |
Realized gain (loss) | (53) | |
Change in unrealized appreciation (depreciation) | (52,066) | |
Purchases/Exchanges/Issuances | 1,863,231 | |
Sales/Paydowns | (8,236) | |
Accrued discount/premium | — |
Bank Loans | ||
Transfers into Level 3 | $ 6,821,175 | |
Transfers out of Level 3 | (1,429,305) | |
Balance as of 08/31/18 | $ 8,624,051 | |
Change in unrealized appreciation (depreciation) relating to securities still held at reporting period end | $ (52,006) |
Level 3 Securities | Fair
Value as of August 31, 2018 |
Valuation
Methodology |
Unobservable Inputs | |||
Bank Loans | $8,624,051 | Market Approach | Single Broker Indicative Quote |
Investments in Securities | Amount Transferred | Level Transfer | Logic | |||
Bank Loans | $1,429,305 | L3 to L2 | Single Broker Indicative Quote to Multiple Broker Quotes | |||
Bank Loans | $6,821,175 | L2 to L3 | Multiple Broker Quotes to Single Broker Indicative Quote |
Item 2. Controls and Procedures
(a) | It is the conclusion of the registrants principal executive officer and principal financial officer that the effectiveness of the registrants current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commissions rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrants principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure. |
(b) | There have been no significant changes in the registrants internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. |
Item 3. Exhibits
Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 Attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) PGIM Short Duration High Yield Fund, Inc.
By (Signature and Title)* |
/s/ Deborah A. Docs | |
Deborah A. Docs | ||
Secretary of the Fund |
Date October 15, 2018
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)* |
/s/ Stuart S. Parker | |
Stuart S. Parker | ||
President and Principal Executive Officer |
Date October 15, 2018
By (Signature and Title)* |
/s/ Brian D. Nee | |
Brian D. Nee | ||
Treasurer and Principal Financial and Accounting Officer |
Date October 15, 2018
* | Print the name and title of each signing officer under his or her signature. |