PGIM Global Short Duration High Yield Fund, Inc.

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:    811-22724
Exact name of registrant as specified in charter:    PGIM Global 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
Registrant’s telephone number, including area code:    973-367-7521
Date of fiscal year end:    7/31/2018
Date of reporting period:    4/30/2018


Item 1. Schedule of Investments


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Long-Term Investments 132.6%
Bank Loans 18.9%
Aerospace & Defense 0.1%
StandardAero Aviation Holdings, Inc.,
Initial Term Loan, 1 Month LIBOR + 3.750%
5.650%(c) 07/07/22   895 $ 901,484
Cable 0.3%
Mergermarket Bidco Ltd. (United Kingdom),
Facility B1, 1 - 3 Month GBP LIBOR + 4.500%
5.090(c) 08/12/24 GBP 1,175 1,602,468
Capital Goods 1.8%
AI Robin Finco Ltd. (United Kingdom),
Facility B, 6 Month EURIBOR + 4.500%
4.500(c) 09/12/24 EUR 2,500 3,021,510
Eagle Bidco Ltd. (United Kingdom),
Term Loan
—(p) 05/12/22 GBP 3,650 5,023,942
Kiwi VFS Sub Ii Sarl (Luxembourg),
Facility B1 Loan, 3 Month GBP LIBOR + 4.000%
4.520(c) 07/29/24 GBP 2,875 3,970,407
          12,015,859
Chemicals 0.6%
INEOS Finance PLC (United Kingdom),
2024 Euro Term Loan, 1 Month EURIBOR + 2.000%
2.500(c) 04/01/24 EUR 3,441 4,153,488
Commercial Services 0.7%
Laureate Education, Inc.,
Series 2024 Term Loan, 1 Month LIBOR + 3.500%
5.400(c) 04/26/24   4,459 4,488,892
Consumer Services 1.9%
Diamond (BC) BV,
Initial Euro Term Loan, 2 Month EURIBOR + 3.250%
3.250(c) 09/06/24 EUR 4,314 5,184,689
Verisure Holding AB (Sweden),
Facility B1E, 3 Month EURIBOR + 3.000%
3.000(c) 10/21/22 EUR 3,000 3,592,225
West Corp.,
First Lien Term B Loan, 1 Month LIBOR + 4.000%
5.900(c) 10/10/24   3,716 3,728,462
          12,505,376
1


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Bank Loans (Continued)
Foods 1.0%
CEC Entertainment, Inc.,
First Lien Term B Loan, 1 Month LIBOR + 3.250%
5.150%(c) 02/15/21   3,701 $ 3,306,817
Froneri International PLC (United Kingdom),
Facility B3, 1 Month GBP LIBOR + 3.250%
3.760(c) 01/31/25 GBP 2,600 3,586,473
          6,893,290
Healthcare & Pharmaceuticals 2.8%
Financiere Verdi I SAS (France),
Facility B1, 3 Month GBP LIBOR + 4.750%
5.460(c) 07/21/23 GBP 6,000 8,247,350
HomeVi SAS (France),
Senior Facility B, 3 Month EURIBOR + 3.250%
3.250(c) 10/31/24 EUR 2,650 3,205,470
Nidda Heathcare Holding AG (Germany),
Facility B1 - GBP
—(p) 09/20/24 GBP 2,300 3,167,089
Unilabs Diagnostics AB (Sweden),
Facility B2, 1 - 6 Month EURIBOR + 2.875%
2.875(c) 04/19/24 EUR 3,300 3,958,506
          18,578,415
Non-Captive Finance 0.3%
Exela Intermediate LLC,
First Lien Term B Loan, 3 Month LIBOR + 7.500%
9.570(c) 06/30/23   1,975 1,986,728
Other Industry 0.9%
Richmond UK Bidco Ltd. (United Kingdom),
Facility B, 1 Month GBP LIBOR + 4.250%
4.760(c) 03/03/24 GBP 583 791,258
WowMidco SAS (France),
Facility B2, 6 Month EURIBOR + 3.500%
3.500(c) 03/16/23 EUR 4,000 4,844,734
          5,635,992
Packaging & Containers 0.3%
Coveris Holdings SA (Luxembourg),
USD Term B-1 Loan, 3 Month LIBOR + 4.250%
6.550(c) 06/29/22   1,669 1,673,661
Retail 3.1%
Academy Ltd.,
Initial Term Loan, 1 - 3 Month LIBOR + 4.000%
5.923(c) 07/01/22   3,064 2,424,152
Euro Garages Ltd. (United Kingdom),          
Term Loan —(p) 02/28/25   4,050 5,551,277
2


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Bank Loans (Continued)
Retail (cont’d.)
Euro Garages Ltd. (United Kingdom), (cont’d.)          
Term Loan —%(p) 03/31/26   2,675 $ 3,216,865
     
Sally Holdings LLC,
Term B-2 Loan
4.500 07/05/24   3,255 3,212,278
Thom Europe (France),
Facility B, 3 Month EURIBOR + 4.500%
4.500(c) 08/07/24 EUR 5,100 6,167,219
          20,571,791
Software 0.5%
Infor (US), Inc.,
Tranche B-6 Term Loan, 1 Month LIBOR + 2.750%
4.650(c) 02/01/22   745 747,714
Symantec Corp.,
Term A-5 Loan, 1 Month LIBOR + 1.750%
3.650(c) 08/01/21   2,493 2,494,435
          3,242,149
Technology 3.3%
BMC Foreign Holding Co. Unlimited Co.,
Initial B-2 Foreign Euro Term Loan, 3 Month EURIBOR + 3.750%
3.750(c) 09/10/22 EUR 2,786 3,368,154
BMC Software Finance, Inc.,
Initial B-2 US Term Loan, 1 Month LIBOR + 3.250%
5.150(c) 09/10/22   4,314 4,328,805
Camelia Bidco Ltd. (United Kingdom),
Facility B1, 3 Month GBP LIBOR + 4.750%
5.460(c) 10/10/24 GBP 2,200 3,032,545
Informatica LLC,
Dollar Term B-1 Loan, 1 Month LIBOR + 3.250%
5.150(c) 08/05/22   1,312 1,321,424
McAfee LLC,          
Closing Date Euro Term Loan, 3 Month EURIBOR + 4.250% 4.250(c) 09/30/24 EUR 1,396 1,699,048
Closing Date USD Term Loan, 1 Month LIBOR + 4.500% 6.400(c) 09/30/24   5,647 5,713,176
Second Lien Initial Loan, 1 Month LIBOR + 8.500% 10.400(c) 09/29/25   2,225 2,252,813
          21,715,965
Telecommunications 1.3%
Digicel International Finance Ltd.,
First Lien Initial Term B Loan, 3 Month LIBOR + 3.250%
5.610(c) 05/27/24   2,836 2,828,662
3


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Bank Loans (Continued)
Telecommunications (cont’d.)
Intelsat Jackson Holdings SA (Luxembourg),
Tranche B-5 Term Loan
6.630% 01/02/24   2,925 $ 2,977,650
Xplornet Communications, Inc. (Canada),
New Term B Loan, 3 Month LIBOR + 4.000%
6.300(c) 09/09/21   2,890 2,916,968
          8,723,280
Tobacco 0.0%
Jacobs Douwe Egberts International BV (Netherlands),
Term Loan
—(p) 07/01/22 EUR 202 244,732
Total Bank Loans
(cost $120,928,855)
124,933,570
Corporate Bonds 111.5%
Argentina 0.4%
Cablevision SA,          
Sr. Unsec’d. Notes 6.500 06/15/21   500 519,375
Sr. Unsec’d. Notes, 144A 6.500 06/15/21   2,286 2,374,582
          2,893,957
Australia 0.8%
BlueScope Steel Finance Ltd./BlueScope Steel Finance USA LLC,
Gtd. Notes, 144A(aa)
6.500 05/15/21   4,505 4,651,412
FMG Resources August 2006 Pty. Ltd.,
Sr. Sec’d. Notes, 144A(aa)
9.750 03/01/22   659 725,946
          5,377,358
Brazil 2.4%
Banco do Brasil SAyman,
Gtd. Notes(aa)
3.875 10/10/22   1,000 962,000
Braskem Finance Ltd.,
Gtd. Notes, 144A
5.750 04/15/21   4,000 4,139,600
JBS Investments GmbH,
Gtd. Notes, 144A(aa)
7.750 10/28/20   5,300 5,386,178
JBS USA LUX SA/JBS USA Finance, Inc.,          
Gtd. Notes, 144A 7.250 06/01/21   1,189 1,197,918
4


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Brazil (cont’d.)
JBS USA LUX SA/JBS USA Finance, Inc., (cont’d.)          
Gtd. Notes, 144A(aa) 7.250% 06/01/21   2,225 $ 2,241,687
     
Petrobras Global Finance BV,
Gtd. Notes
8.375 05/23/21   1,960 2,208,528
          16,135,911
Canada 7.1%
Bombardier, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 7.500 12/01/24   8,300 8,735,750
Sr. Unsec’d. Notes, 144A(aa) 8.750 12/01/21   5,725 6,370,952
     
Brookfield Residential Properties, Inc.,
Gtd. Notes, 144A(aa)
6.500 12/15/20   3,025 3,062,812
Cascades, Inc.,
Gtd. Notes, 144A(aa)
5.500 07/15/22   2,279 2,267,605
Mattamy Group Corp.,
Sr. Unsec’d. Notes, 144A
6.875 12/15/23   2,675 2,748,562
MEG Energy Corp.,          
Gtd. Notes, 144A(aa) 6.375 01/30/23   4,800 4,332,000
Gtd. Notes, 144A 7.000 03/31/24   400 359,000
     
Mercer International, Inc.,
Sr. Unsec’d. Notes(aa)
7.750 12/01/22   711 748,328
New Gold, Inc.,
Gtd. Notes, 144A(aa)
6.250 11/15/22   3,670 3,743,400
NOVA Chemicals Corp.,          
Sr. Unsec’d. Notes, 144A(aa) 4.875 06/01/24   4,735 4,581,112
Sr. Unsec’d. Notes, 144A 5.250 08/01/23   930 930,000
     
Quebecor Media, Inc.,
Sr. Unsec’d. Notes
5.750 01/15/23   2,830 2,900,750
Rockpoint Gas Storage Canada Ltd.,
Sr. Sec’d. Notes, 144A(aa)
7.000 03/31/23   2,175 2,172,281
Teck Resources Ltd.,          
Gtd. Notes 4.500 01/15/21   650 656,500
Gtd. Notes, 144A(aa) 8.500 06/01/24   2,442 2,725,883
     
Teine Energy Ltd.,
Sr. Unsec’d. Notes, 144A
6.875 09/30/22   925 945,813
          47,280,748
Chile 0.6%
VTR Finance BV,
Sr. Sec’d. Notes, 144A(aa)
6.875 01/15/24   4,000 4,136,040
5


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
China 0.1%
Eagle Intermediate Global Holding BV/Ruyi US Finance LLC,
Sr. Sec’d. Notes, 144A
7.500% 05/01/25   625 $ 640,625
France 2.2%
Altice France SA,
Sr. Sec’d. Notes, 144A(aa)
6.000 05/15/22   4,720 4,652,126
Banijay Group SAS,
Sec’d. Notes, 144A
4.000 07/01/22 EUR 375 465,832
Loxam SAS,
First Lien, 144A
3.500 04/15/22 EUR 1,600 2,004,961
Picard Groupe SAS,
Sec’d. Notes, 144A, 3 Month EURIBOR + 3.000%(aa)
3.000(c) 11/30/23 EUR 4,350 5,230,496
Verallia Packaging SASU,
Sr. Sec’d. Notes, 144A(aa)
5.125 08/01/22 EUR 2,000 2,495,526
          14,848,941
Germany 2.0%
IHO Verwaltungs GmbH,          
Sr. Sec’d. Notes, 144A, Cash coupon 2.750% or PIK 3.500%(aa) 2.750 09/15/21 EUR 8,500 10,455,506
Sr. Sec’d. Notes, 144A, Cash coupon 4.125% or PIK 4.875%(aa) 4.125 09/15/21   2,675 2,682,824
          13,138,330
Guatemala 0.2%
Comunicaciones Celulares SA Via Comcel Trust,
Sr. Unsec’d. Notes
6.875 02/06/24   1,000 1,037,320
Ireland 1.7%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.,          
Gtd. Notes, 144A 6.750 05/15/24 EUR 400 526,358
Sr. Sec’d. Notes, 144A 4.250 09/15/22   2,800 2,782,500
     
Avolon Holdings Funding Ltd.,
Gtd. Notes, 144A
5.500 01/15/23   500 498,750
eircom Finance DAC,
Sr. Sec’d. Notes, 144A
4.500 05/31/22 EUR 1,000 1,236,581
Park Aerospace Holdings Ltd.,          
Gtd. Notes, 144A 4.500 03/15/23   250 239,375
Gtd. Notes, 144A 5.250 08/15/22   1,600 1,590,000
6


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Ireland (cont’d.)
Park Aerospace Holdings Ltd., (cont’d.)          
Gtd. Notes, 144A 5.500% 02/15/24   125 $ 121,406
     
Smurfit Kappa Acquisitions Unlimited Co.,
Gtd. Notes, 144A
4.875 09/15/18   4,038 4,044,057
          11,039,027
Israel 0.3%
Teva Pharmaceutical Finance Netherlands II BV,
Gtd. Notes, 144A(aa)
3.250 04/15/22 EUR 1,425 1,748,705
Italy 0.4%
Wind Tre SpA,
First Lien, 144A(aa)
2.625 01/20/23 EUR 2,625 2,881,005
Jamaica 0.3%
Digicel Group Ltd.,          
Sr. Unsec’d. Notes 8.250 09/30/20   950 849,063
Sr. Unsec’d. Notes, 144A 8.250 09/30/20   500 446,875
Digicel Ltd.,          
Sr. Unsec’d. Notes 6.000 04/15/21   500 475,625
Sr. Unsec’d. Notes, 144A 6.000 04/15/21   400 380,500
          2,152,063
Luxembourg 2.2%
BMBG Bond Finance SCA,
First Lien, 144A
3.000 06/15/21 EUR 2,000 2,447,949
Coveris Holdings SA,
Gtd. Notes, 144A
7.875 11/01/19   5,000 5,101,500
Galapagos SA,
Sr. Sec’d. Notes, 144A, 3 Month EURIBOR + 4.750%
4.423(c) 06/15/21 EUR 3,146 3,619,406
Intelsat Jackson Holdings SA,
Sr. Sec’d. Notes, 144A
9.500 09/30/22   720 822,600
LSF9 Balta Issuer SARL,
Sr. Sec’d. Notes
7.750 09/15/22 EUR 1,393 1,766,951
Monitchem HoldCo 3 SA,
Sr. Sec’d. Notes
5.250 06/15/21 EUR 450 546,995
          14,305,401
7


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Netherlands 1.7%
InterXion Holding NV,
Sr. Sec’d. Notes(aa)
6.000% 07/15/20 EUR 2,500 $ 3,095,376
NXP BV/NXP Funding LLC,          
Gtd. Notes, 144A(aa) 3.875 09/01/22   2,825 2,764,969
Gtd. Notes, 144A(aa) 4.125 06/01/21   1,490 1,493,725
     
United Group BV,
Sr. Sec’d. Notes, 144A
4.375 07/01/22 EUR 3,200 3,951,304
          11,305,374
Russia 2.0%
EuroChem Mineral & Chemical Co. OJSC Via EuroChem Global Investments Ltd.,
Sr. Unsec’d. Notes, 144A
3.800 04/12/20   2,000 1,940,464
Evraz Group SA,
Sr. Unsec’d. Notes
6.500 04/22/20   1,000 1,017,400
Gazprom OAO Via Gaz Capital SA,          
Sr. Unsec’d. Notes 4.950 07/19/22   645 650,644
Sr. Unsec’d. Notes 6.510 03/07/22   1,470 1,558,441
Sr. Unsec’d. Notes, 144A 4.950 07/19/22   3,500 3,530,625
Sr. Unsec’d. Notes, EMTN 3.600 02/26/21 EUR 2,000 2,535,956
Sr. Unsec’d. Notes, EMTN 5.338 09/25/20 GBP 1,000 1,448,298
     
Sberbank of Russia Via SB Capital SA,
Sr. Unsec’d. Notes
5.717 06/16/21   500 513,500
          13,195,328
South Africa 0.6%
Eskom Holdings SOC Ltd.,
Sr. Unsec’d. Notes
5.750 01/26/21   1,250 1,246,425
Sasol Financing International Ltd.,
Gtd. Notes
4.500 11/14/22   2,500 2,482,000
          3,728,425
Sweden 0.6%
Intrum AB,
Sr. Unsec’d. Notes, 144A
2.750 07/15/22 EUR 1,775 2,122,299
8


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Sweden (cont’d.)
Perstorp Holding AB,
Sr. Sec’d. Notes
7.625% 06/30/21 EUR 732 $ 936,823
Verisure Holding AB,
Sr. Sec’d. Notes, 144A
6.000 11/01/22 EUR 450 571,269
          3,630,391
Turkey 0.6%
Turkiye Is Bankasi,          
Sr. Unsec’d. Notes 3.750 10/10/18   1,000 999,316
Sr. Unsec’d. Notes 5.000 04/30/20   1,375 1,367,795
Sr. Unsec’d. Notes, 144A, MTN 5.375 10/06/21   1,000 984,820
Sr. Unsec’d. Notes, MTN 5.375 10/06/21   625 615,512
          3,967,443
United Arab Emirates 0.3%
DAE Funding LLC,
Gtd. Notes, 144A(aa)
4.500 08/01/22   1,875 1,804,688
United Kingdom 7.3%
B&M European Value Retail SA,
Sr. Sec’d. Notes, 144A, MTN
4.125 02/01/22 GBP 425 599,717
Boparan Finance PLC,          
Sr. Sec’d. Notes 5.250 07/15/19 GBP 1,700 2,326,269
Sr. Sec’d. Notes(aa) 5.500 07/15/21 GBP 1,575 2,057,381
     
CPUK Finance Ltd.,
Sec’d. Notes, 144A
4.250 02/28/47 GBP 2,575 3,562,995
EC Finance PLC,
First Lien, 144A
2.375 11/15/22 EUR 950 1,151,842
Grainger PLC,
Sr. Sec’d. Notes(aa)
5.000 12/16/20 GBP 4,565 6,799,259
Iceland Bondco PLC,
Sr. Sec’d. Notes, 144A, 3 Month GBP LIBOR + 4.250%(aa)
5.036(c) 07/15/20 GBP 182 249,461
Jaguar Land Rover Automotive PLC,
Gtd. Notes, 144A(aa)
4.250 11/15/19   1,850 1,863,875
Jerrold Finco PLC,
First Lien, 144A(aa)
6.250 09/15/21 GBP 1,850 2,615,678
Jewel UK Bondco PLC,
First Lien, 144A
8.500 04/15/23 GBP 2,025 2,787,835
Kelda Finance No. 3 PLC,
Sr. Sec’d. Notes(aa)
5.750 02/17/20 GBP 1,370 1,980,396
9


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
United Kingdom (cont’d.)
     
McLaren Finance PLC,
Sr. Sec’d. Notes, 144A(aa)
5.000% 08/01/22 GBP 3,125 $ 4,267,281
Melton Renewable Energy UK PLC,
Sr. Sec’d. Notes(aa)
6.750 02/01/20 GBP 2,400 3,333,012
Newday Bondco PLC,          
First Lien, 144A, 3 Month GBP LIBOR + 6.500%(aa) 7.022(c) 02/01/23 GBP 1,250 1,617,099
Sr. Sec’d. Notes, 144A(aa) 7.375 02/01/24 GBP 1,000 1,307,602
Stonegate Pub Co. Financing PLC,          
Sr. Sec’d. Notes, 144A(aa) 4.875 03/15/22 GBP 1,275 1,738,628
Sr. Sec’d. Notes, 144A, 3 Month GBP LIBOR + 4.375% 4.981(c) 03/15/22 GBP 925 1,266,770
     
TVL Finance PLC,
Sec’d. Notes, 144A, 3 Month GBP LIBOR + 4.875%
5.422(c) 05/15/23 GBP 1,200 1,645,178
Voyage Care Bondco PLC,
Sec’d. Notes, 144A
5.875 05/01/23 GBP 1,600 2,202,446
Wagamama Finance PLC,
First Lien, 144A
4.125 07/01/22 GBP 1,250 1,660,655
William Hill PLC,
Gtd. Notes(aa)
4.250 06/05/20 GBP 2,500 3,549,913
          48,583,292
United States 76.7%
A. Schulman, Inc.,
Gtd. Notes(aa)
6.875 06/01/23   950 997,500
Acadia Healthcare Co., Inc.,          
Gtd. Notes 5.125 07/01/22   600 600,000
Gtd. Notes(aa) 5.625 02/15/23   2,875 2,904,612
     
AK Steel Corp.,
Sr. Sec’d. Notes
7.500 07/15/23   600 630,000
Alliance Data Systems Corp.,          
Gtd. Notes, 144A(aa) 5.375 08/01/22   2,815 2,829,075
Gtd. Notes, 144A, MTN 5.875 11/01/21   3,100 3,154,250
     
Alta Mesa Holdings LP/Alta Mesa Finance Sevices Corp.,
Gtd. Notes(aa)
7.875 12/15/24   2,650 2,742,750
Altice US Finance I Corp.,
Sr. Sec’d. Notes, 144A
5.375 07/15/23   3,530 3,534,412
AMC Entertainment Holdings, Inc.,
Gtd. Notes
5.875 02/15/22   600 607,500
AMC Networks, Inc.,
Gtd. Notes(aa)
4.750 12/15/22   1,400 1,407,000
American Axle & Manufacturing, Inc.,
Gtd. Notes(aa)
7.750 11/15/19   2,800 2,954,000
10


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
AmeriGas Partners LP/AmeriGas Finance Corp.,
Sr. Unsec’d. Notes
5.625% 05/20/24   450 $ 447,750
Anixter, Inc.,
Gtd. Notes(aa)
5.625 05/01/19   1,000 1,017,500
Antero Resources Corp.,          
Gtd. Notes(aa) 5.375 11/01/21   1,125 1,137,994
Gtd. Notes 5.625 06/01/23   550 561,688
     
Ascent Resources Utica Holdings LLC/ARU Finance Corp.,
Sr. Unsec’d. Notes, 144A(aa)
10.000 04/01/22   5,336 5,736,200
Ashton Woods USA LLC/Ashton Woods Finance Co.,
Sr. Unsec’d. Notes, 144A(aa)
6.875 02/15/21   4,725 4,713,187
AV Homes, Inc.,
Gtd. Notes(aa)
6.625 05/15/22   2,475 2,533,781
Avantor, Inc.,
Sr. Sec’d. Notes, 144A
6.000 10/01/24   450 452,250
B&G Foods, Inc.,
Gtd. Notes
4.625 06/01/21   1,100 1,087,284
Beazer Homes USA, Inc.,
Gtd. Notes(aa)
8.750 03/15/22   5,750 6,189,875
Blue Cube Spinco, Inc.,
Gtd. Notes
9.750 10/15/23   225 258,750
BMC Software Finance, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
8.125 07/15/21   3,215 3,206,962
Brinker International, Inc.,
Gtd. Notes, 144A
5.000 10/01/24   300 294,000
Calpine Corp.,          
Sr. Sec’d. Notes, 144A 5.875 01/15/24   650 653,656
Sr. Unsec’d. Notes(aa) 5.375 01/15/23   3,025 2,900,219
Sr. Unsec’d. Notes(aa) 5.500 02/01/24   2,600 2,385,500
     
Carmike Cinemas, Inc.,
Sec’d. Notes, 144A(aa)
6.000 06/15/23   2,750 2,846,250
CCM Merger, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
6.000 03/15/22   4,775 4,858,562
CCO Holdings LLC/CCO Holdings Capital Corp.,          
Sr. Unsec’d. Notes(aa) 5.250 09/30/22   3,800 3,859,375
Sr. Unsec’d. Notes, 144A(aa) 4.000 03/01/23   2,060 1,987,900
Sr. Unsec’d. Notes, 144A(aa) 5.125 05/01/23   8,000 8,037,600
Sr. Unsec’d. Notes, 144A(aa) 5.875 04/01/24   1,360 1,378,904
     
CEC Entertainment, Inc.,
Gtd. Notes(aa)
8.000 02/15/22   1,475 1,150,500
Centene Corp.,
Sr. Unsec’d. Notes(aa)
5.625 02/15/21   1,325 1,359,781
11


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
CenturyLink, Inc.,
Sr. Unsec’d. Notes, Series S(aa)
6.450% 06/15/21   3,710 $ 3,791,156
Cequel Communications Holdings I LLC/Cequel Capital Corp.,          
Sr. Unsec’d. Notes, 144A(aa) 5.125 12/15/21   5,725 5,659,449
Sr. Unsec’d. Notes, 144A 5.125 12/15/21   3,470 3,435,300
Chemours Co. (The),          
Gtd. Notes(aa) 6.625 05/15/23   8,880 9,335,100
Gtd. Notes 7.000 05/15/25   500 538,125
CHS/Community Health Systems, Inc.,          
Gtd. Notes(aa) 6.875 02/01/22   900 488,520
Gtd. Notes(aa) 7.125 07/15/20   750 592,500
Gtd. Notes(aa) 8.000 11/15/19   4,133 3,761,030
Sr. Sec’d. Notes(aa) 6.250 03/31/23   1,825 1,665,313
     
CIT Group, Inc.,
Sr. Unsec’d. Notes
5.250 03/07/25   1,100 1,123,375
Citgo Holding, Inc.,
Sr. Sec’d. Notes, 144A(aa)
10.750 02/15/20   4,825 5,114,500
Clean Harbors, Inc.,
Gtd. Notes(aa)
5.125 06/01/21   1,800 1,811,250
Clear Channel Worldwide Holdings, Inc.,          
Gtd. Notes, Series A(aa) 6.500 11/15/22   2,715 2,769,300
Gtd. Notes, Series A(aa) 7.625 03/15/20   1,210 1,213,025
Gtd. Notes, Series B 6.500 11/15/22   900 921,375
Gtd. Notes, Series B(aa) 7.625 03/15/20   1,845 1,849,613
     
Cleveland-Cliffs, Inc.,
Sr. Sec’d. Notes, 144A(aa)
4.875 01/15/24   3,250 3,168,750
CNX Resources Corp.,          
Gtd. Notes(aa) 5.875 04/15/22   3,518 3,535,590
Gtd. Notes(aa) 8.000 04/01/23   2,350 2,473,375
     
CommScope, Inc.,
Gtd. Notes, 144A(aa)
5.000 06/15/21   1,425 1,435,688
ContourGlobal Power Holdings SA,
Sr. Sec’d. Notes, 144A
5.125 06/15/21 EUR 2,800 3,482,713
Coty, Inc.,
Sr. Unsec’d. Notes, 144A
4.000 04/15/23 EUR 4,675 5,703,896
Crescent Communities LLC/Crescent Ventures, Inc.,
Sr. Sec’d. Notes, 144A(aa)
8.875 10/15/21   2,392 2,511,600
DCP Midstream Operating LP,
Gtd. Notes, 144A
4.750 09/30/21   1,225 1,238,781
Dell International LLC/EMC Corp.,          
Gtd. Notes, 144A(aa) 5.875 06/15/21   4,590 4,722,352
12


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Dell International LLC/EMC Corp., (cont’d.)          
Gtd. Notes, 144A(aa) 7.125% 06/15/24   3,180 $ 3,386,700
     
Denbury Resources, Inc.,
Sec’d. Notes, 144A
9.000 05/15/21   600 627,000
DISH DBS Corp.,          
Gtd. Notes(aa) 5.125 05/01/20   5,535 5,507,325
Gtd. Notes 5.875 07/15/22   585 538,054
Gtd. Notes(aa) 6.750 06/01/21   4,005 3,984,975
DPL, Inc.,          
Sr. Unsec’d. Notes(aa) 6.750 10/01/19   2,302 2,371,060
Sr. Unsec’d. Notes(aa) 7.250 10/15/21   2,400 2,610,240
     
Eldorado Resorts, Inc.,
Gtd. Notes(aa)
7.000 08/01/23   2,600 2,746,250
EMC Corp.,
Sr. Unsec’d. Notes(aa)
2.650 06/01/20   1,665 1,616,881
Endeavor Energy Resources LP/EER Finance, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
5.500 01/30/26   2,325 2,336,625
Endo Finance LLC,
Gtd. Notes, 144A
5.750 01/15/22   225 184,500
EnPro Industries, Inc.,
Gtd. Notes
5.875 09/15/22   625 643,750
FBM Finance, Inc.,
Sr. Sec’d. Notes, 144A(aa)
8.250 08/15/21   1,025 1,078,813
FelCor Lodging LP,
Gtd. Notes(aa)
6.000 06/01/25   2,600 2,658,500
Ferrellgas LP/Ferrellgas Finance Corp.,          
Gtd. Notes 6.750 06/15/23   900 813,375
Sr. Unsec’d. Notes 6.750 01/15/22   800 754,000
Ferrellgas Partners LP/Ferrellgas Partners Finance Corp.,          
Sr. Unsec’d. Notes(aa) 8.625 06/15/20   1,000 920,000
Sr. Unsec’d. Notes(aa) 8.625 06/15/20   2,850 2,622,000
First Data Corp.,          
Gtd. Notes, 144A 7.000 12/01/23   13,345 13,963,941
Sr. Sec’d. Notes, 144A 5.375 08/15/23   418 426,276
     
Genesis Energy LP/Genesis Energy Finance Corp.,
Gtd. Notes(aa)
6.000 05/15/23   2,175 2,126,062
GenOn Energy, Inc.,          
Sr. Unsec’d. Notes(d)(dd) 7.875 06/15/17   1,750 1,461,250
Sr. Unsec’d. Notes(d)(dd) 9.500 10/15/18   3,375 2,750,625
Sr. Unsec’d. Notes(d)(dd) 9.875 10/15/20   650 531,375
Global Partners LP/GLP Finance Corp.,          
Gtd. Notes 6.250 07/15/22   825 825,000
13


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Global Partners LP/GLP Finance Corp., (cont’d.)          
Gtd. Notes(aa) 7.000% 06/15/23   1,450 $ 1,464,500
Golden Nugget, Inc.,          
Gtd. Notes, 144A 8.750 10/01/25   475 496,375
Sr. Unsec’d. Notes, 144A(aa) 6.750 10/15/24   1,675 1,700,125
     
Griffon Corp.,
Gtd. Notes
5.250 03/01/22   575 574,828
HCA Healthcare, Inc.,
Sr. Unsec’d. Notes(aa)
6.250 02/15/21   5,000 5,256,250
HCA, Inc.,          
Gtd. Notes(aa) 7.500 02/15/22   3,375 3,712,500
Sr. Sec’d. Notes(aa) 4.750 05/01/23   1,300 1,309,633
Sr. Sec’d. Notes(aa) 6.500 02/15/20   1,000 1,045,000
     
Heartside Group Holdings LLC/Heartside Finance Co.,
Gtd. Notes, 144A
6.500 05/01/22   1,150 1,185,938
Hexion, Inc.,
Sr. Sec’d. Notes, 144A(aa)
10.375 02/01/22   895 870,388
Hot Topic, Inc.,
Sr. Sec’d. Notes, 144A(aa)
9.250 06/15/21   1,100 1,080,750
Infor Software Parent LLC/Infor Software Parent, Inc.,
Sr. Unsec’d. Notes, 144A, Cash coupon 7.125% or PIK 7.875%
7.125 05/01/21   815 821,113
Infor US, Inc.,          
Gtd. Notes 5.750 05/15/22 EUR 200 244,901
Gtd. Notes(aa) 6.500 05/15/22   1,555 1,578,325
Sr. Sec’d. Notes, 144A(aa) 5.750 08/15/20   3,552 3,623,040
     
International Game Technology PLC,
Sr. Sec’d. Notes, 144A(aa)
6.250 02/15/22   3,025 3,174,359
International Wire Group, Inc.,
Sec’d. Notes, 144A(aa)
10.750 08/01/21   1,800 1,696,500
Jack Ohio Finance LLC/Jack Ohio Finance 1 Corp.,          
Sec’d. Notes, 144A(aa) 10.250 11/15/22   1,175 1,286,625
Sr. Sec’d. Notes, 144A(aa) 6.750 11/15/21   4,000 4,130,000
     
Jacobs Entertainment, Inc.,
Sec’d. Notes, 144A
7.875 02/01/24   725 754,906
Jaguar Holding Co. II/Pharmaceutical Product Development LLC,
Gtd. Notes, 144A(aa)
6.375 08/01/23   4,775 4,834,687
KB Home,          
Gtd. Notes(aa) 4.750 05/15/19   1,500 1,507,500
Gtd. Notes(aa) 7.250 06/15/18   3,500 3,513,125
14


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
KB Home, (cont’d.)          
Gtd. Notes 8.000% 03/15/20   350 $ 374,500
     
Kindred Healthcare, Inc.,
Gtd. Notes
8.000 01/15/20   200 214,250
Kraton Polymers LLC/Kraton Polymers Capital Corp.,
Gtd. Notes, 144A(aa)
10.500 04/15/23   2,700 2,986,875
L Brands, Inc.,          
Gtd. Notes 5.625 02/15/22   600 622,560
Gtd. Notes(aa) 5.625 10/15/23   4,500 4,674,375
Gtd. Notes(aa) 6.625 04/01/21   1,750 1,859,375
Gtd. Notes(aa) 7.000 05/01/20   250 265,000
Lennar Corp.,          
Gtd. Notes(aa) 4.125 01/15/22   3,125 3,113,281
Gtd. Notes, 144A(aa) 8.375 05/15/18   5,550 5,550,000
     
Level 3 Financing, Inc.,
Gtd. Notes(aa)
6.125 01/15/21   7,025 7,112,812
LifePoint Health, Inc.,
Gtd. Notes(aa)
5.500 12/01/21   2,635 2,641,587
M/I Homes, Inc.,
Gtd. Notes(aa)
6.750 01/15/21   3,125 3,214,844
Mallinckrodt International Finance SA/Mallinckrodt CB LLC,          
Gtd. Notes, 144A 4.875 04/15/20   805 768,775
Gtd. Notes, 144A 5.750 08/01/22   2,470 2,056,275
     
Mediacom Broadband LLC/Mediacom Broadband Corp.,
Sr. Unsec’d. Notes(aa)
5.500 04/15/21   5,285 5,344,456
MEDNAX, Inc.,
Gtd. Notes, 144A
5.250 12/01/23   1,050 1,042,125
Meritage Homes Corp.,
Gtd. Notes
7.000 04/01/22   800 878,000
MGM Resorts International,          
Gtd. Notes 6.000 03/15/23   650 680,063
Gtd. Notes 6.625 12/15/21   325 347,750
Gtd. Notes(aa) 8.625 02/01/19   3,675 3,807,190
     
Midcontinent Communications/Midcontinent Finance Corp.,
Gtd. Notes, 144A
6.875 08/15/23   1,986 2,085,300
Molina Healthcare, Inc.,
Gtd. Notes(aa)
5.375 11/15/22   2,150 2,150,000
NAI Entertainment Holdings/NAI Entertainment Holdings Finance Corp.,
Sr. Sec’d. Notes, 144A
5.000 08/01/18   3,000 3,000,600
National CineMedia LLC,
Sr. Sec’d. Notes(aa)
6.000 04/15/22   2,800 2,842,000
15


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Navient Corp.,          
Sr. Unsec’d. Notes(aa) 6.500% 06/15/22   6,035 $ 6,200,962
Sr. Unsec’d. Notes 6.625 07/26/21   625 649,313
     
NCL Corp. Ltd.,
Sr. Unsec’d. Notes, 144A
4.750 12/15/21   1,111 1,127,665
NCR Corp.,          
Gtd. Notes 5.000 07/15/22   730 724,525
Gtd. Notes(aa) 6.375 12/15/23   6,280 6,499,800
     
Neiman Marcus Group Ltd. LLC,
Gtd. Notes, 144A
8.000 10/15/21   525 354,375
New Home Co. Inc., (The),
Gtd. Notes(aa)
7.250 04/01/22   1,850 1,896,306
Nexstar Broadcasting, Inc.,
Gtd. Notes, 144A(aa)
6.125 02/15/22   1,260 1,296,225
NGPL PipeCo. LLC,
Sr. Unsec’d. Notes, 144A(aa)
4.375 08/15/22   1,450 1,442,750
Nielsen Finance LLC/Nielsen Finance Co.,          
Gtd. Notes(aa) 4.500 10/01/20   1,500 1,501,935
Gtd. Notes, 144A 5.000 04/15/22   2,140 2,156,264
     
Novelis Corp.,
Gtd. Notes, 144A
6.250 08/15/24   585 595,969
NRG Energy, Inc.,          
Gtd. Notes(aa) 6.250 07/15/22   5,350 5,483,750
Gtd. Notes(aa) 6.250 05/01/24   3,560 3,680,150
     
Nuance Communications, Inc.,
Gtd. Notes, 144A(aa)
5.375 08/15/20   1,703 1,711,515
Outfront Media Capital LLC/Outfront Media Capital Corp.,
Gtd. Notes(aa)
5.625 02/15/24   3,235 3,269,453
PetSmart, Inc.,
Gtd. Notes, 144A(aa)
7.125 03/15/23   3,900 2,262,000
PF Chang’s China Bistro, Inc.,
Gtd. Notes, 144A(aa)
10.250 06/30/20   1,425 1,175,625
PQ Corp.,
Sr. Sec’d. Notes, 144A(aa)
6.750 11/15/22   1,795 1,898,212
PSPC Escrow Corp.,
Sr. Unsec’d. Notes(aa)
6.000 02/01/23 EUR 4,904 6,158,648
Qwest Capital Funding, Inc.,
Gtd. Notes(aa)
6.500 11/15/18   3,150 3,201,187
Radiate Holdco LLC/Radiate Finance, Inc.,          
Sr. Unsec’d. Notes, 144A 6.625 02/15/25   175 162,313
Sr. Unsec’d. Notes, 144A(aa) 6.875 02/15/23   1,025 991,688
16


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Range Resources Corp.,          
Gtd. Notes 5.000% 03/15/23   1,025 $ 986,050
Gtd. Notes 5.875 07/01/22   1,225 1,240,313
     
Realogy Group LLC/Realogy Co-Issuer Corp.,
Gtd. Notes, 144A(aa)
5.250 12/01/21   1,725 1,746,563
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC,          
Sr. Sec’d. Notes(aa) 5.750 10/15/20   2,092 2,107,996
Sr. Sec’d. Notes, 144A 5.125 07/15/23   500 503,125
     
RHP Hotel Properties LP/RHP Finance Corp.,
Gtd. Notes
5.000 04/15/21   1,150 1,157,188
Rite Aid Corp.,
Gtd. Notes, 144A
6.125 04/01/23   850 861,688
Rockies Express Pipeline LLC,          
Sr. Unsec’d. Notes, 144A(aa) 5.625 04/15/20   1,895 1,961,912
Sr. Unsec’d. Notes, 144A(aa) 6.850 07/15/18   2,050 2,057,687
     
RSP Permian, Inc.,
Gtd. Notes(aa)
6.625 10/01/22   1,675 1,746,188
Sable International Finance Ltd.,
Gtd. Notes, 144A
6.875 08/01/22   1,000 1,051,250
Sabra Health Care LP/Sabra Capital Corp.,
Gtd. Notes(aa)
5.500 02/01/21   2,630 2,689,175
Sally Holdings LLC/Sally Capital, Inc.,
Gtd. Notes
5.500 11/01/23   225 225,563
SBA Communications Corp.,
Sr. Unsec’d. Notes, 144A(aa)
4.000 10/01/22   5,905 5,624,512
Scientific Games International, Inc.,          
Gtd. Notes 6.250 09/01/20   225 225,281
Gtd. Notes(aa) 6.625 05/15/21   3,925 4,003,500
     
Sealed Air Corp.,
Gtd. Notes, 144A(aa)
6.500 12/01/20   760 806,550
Select Medical Corp.,
Gtd. Notes(aa)
6.375 06/01/21   2,500 2,531,250
Sensata Technologies BV,
Gtd. Notes, 144A
4.875 10/15/23   937 944,613
Signode Industrial Group Lux SA/Signode Industrial Group US, Inc.,
Gtd. Notes, 144A
6.375 05/01/22   2,375 2,450,762
Silversea Cruise Finance Ltd.,
Sr. Sec’d. Notes, 144A
7.250 02/01/25   1,750 1,851,150
Sinclair Television Group, Inc.,          
Gtd. Notes(aa) 5.375 04/01/21   1,900 1,919,000
Gtd. Notes(aa) 6.125 10/01/22   2,270 2,335,262
17


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Sinclair Television Group, Inc., (cont’d.)          
Gtd. Notes, 144A 5.625% 08/01/24   1,210 $ 1,197,900
     
Sirius XM Radio, Inc.,
Gtd. Notes, 144A
3.875 08/01/22   550 533,500
Springs Industries, Inc.,
Sr. Sec’d. Notes(aa)
6.250 06/01/21   4,938 5,005,897
Sprint Communications, Inc.,
Sr. Unsec’d. Notes(aa)
6.000 11/15/22   1,735 1,771,869
Sprint Corp.,          
Gtd. Notes(aa) 7.250 09/15/21   4,150 4,404,187
Gtd. Notes(aa) 7.875 09/15/23   3,170 3,399,825
     
StandardAero Aviation Holdings, Inc.,
Gtd. Notes, 144A
10.000 07/15/23   900 975,375
Summit Materials LLC/Summit Materials Finance Corp.,
Gtd. Notes(aa)
8.500 04/15/22   2,100 2,270,625
Sunoco LP/Sunoco Finance Corp.,
Gtd. Notes, 144A(aa)
4.875 01/15/23   2,700 2,658,069
Surgery Center Holdings, Inc.,
Gtd. Notes, 144A(aa)
8.875 04/15/21   2,938 3,018,795
Taylor Morrison Communities, Inc./Taylor Morrison Holdings II,
Inc.,
         
Gtd. Notes, 144A(aa) 5.250 04/15/21   3,250 3,274,375
Gtd. Notes, 144A(aa) 5.625 03/01/24   2,783 2,783,000
Gtd. Notes, 144A 5.875 04/15/23   425 434,563
     
TEGNA, Inc.,
Gtd. Notes(aa)
6.375 10/15/23   3,290 3,396,925
Tenet Healthcare Corp.,          
Sr. Sec’d. Notes 4.375 10/01/21   175 172,375
Sr. Sec’d. Notes(aa) 4.750 06/01/20   1,825 1,834,125
Sr. Sec’d. Notes 6.000 10/01/20   900 928,845
Sr. Sec’d. Notes, 144A(aa) 4.625 07/15/24   2,650 2,557,515
Sr. Unsec’d. Notes 6.750 02/01/20   550 566,500
Sr. Unsec’d. Notes(aa) 6.750 06/15/23   8,675 8,528,609
Sr. Unsec’d. Notes 8.125 04/01/22   550 572,688
     
TIBCO Software, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
11.375 12/01/21   3,035 3,304,356
T-Mobile USA, Inc.,
Gtd. Notes(aa)
6.375 03/01/25   1,280 1,344,000
TPC Group, Inc.,
Sr. Sec’d. Notes, 144A
8.750 12/15/20   600 597,000
TransDigm, Inc.,
Gtd. Notes(aa)
6.000 07/15/22   3,825 3,872,812
18


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
TRI Pointe Group, Inc.,
Gtd. Notes(aa)
4.875% 07/01/21   2,900 $ 2,907,250
TRI Pointe Group, Inc./TRI Pointe Homes, Inc.,
Gtd. Notes
4.375 06/15/19   850 851,063
Tribune Media Co.,
Gtd. Notes(aa)
5.875 07/15/22   4,785 4,844,812
Universal Health Services, Inc.,
Sr. Sec’d. Notes, 144A(aa)
4.750 08/01/22   450 454,500
Univision Communications, Inc.,          
Sr. Sec’d. Notes, 144A 5.125 05/15/23   420 399,000
Sr. Sec’d. Notes, 144A(aa) 6.750 09/15/22   3,813 3,908,325
     
Valeant Pharmaceuticals International, Inc.,
Sr. Sec’d. Notes, 144A(aa)
6.500 03/15/22   650 674,375
VFH Parent LLC/Orchestra Co-Issuer, Inc.,
Sec’d. Notes, 144A
6.750 06/15/22   400 414,880
VICI Properties 1 LLC/VICI FC, Inc.,
Sec’d. Notes
8.000 10/15/23   878 976,219
Vistra Energy Corp.,          
Gtd. Notes(aa) 7.375 11/01/22   7,150 7,534,312
Gtd. Notes(aa) 7.625 11/01/24   4,450 4,783,750
Gtd. Notes 8.034 02/02/24   925 966,625
     
W.R. Grace & Co.,
Gtd. Notes, 144A
5.125 10/01/21   800 821,832
WeWork Cos., Inc.,
Gtd. Notes, 144A
7.875 05/01/25   1,150 1,116,938
William Lyon Homes, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
6.000 09/01/23   2,225 2,222,530
WPX Energy, Inc.,          
Sr. Unsec’d. Notes 6.000 01/15/22   275 286,688
Sr. Unsec’d. Notes 8.250 08/01/23   550 624,250
     
XPO Logistics, Inc.,
Gtd. Notes, 144A(aa)
6.500 06/15/22   1,125 1,161,563
Zayo Group LLC/Zayo Capital, Inc.,
Gtd. Notes
6.000 04/01/23   1,545 1,591,350
Zekelman Industries, Inc.,
Sr. Sec’d. Notes, 144A
9.875 06/15/23   1,610 1,771,000
          507,918,381
19


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Zambia 1.0%
First Quantum Minerals Ltd.,
Gtd. Notes, 144A
7.000% 02/15/21   6,380 $ 6,394,227
Total Corporate Bonds
(cost $740,656,929)
738,142,980
Sovereign Bonds 2.1%
Argentina 0.4%
Argentine Republic Government International Bond,
Sr. Unsec’d. Notes
6.250 04/22/19   3,000 3,054,000
Brazil 0.3%
Brazilian Government International Bond,
Sr. Unsec’d. Notes(aa)
2.875 04/01/21 EUR 1,400 1,792,296
Dominican Republic 0.2%
Dominican Republic International Bond,
Sr. Unsec’d. Notes
7.500 05/06/21   1,405 1,484,383
Lebanon 0.5%
Lebanon Government International Bond,          
Sr. Unsec’d. Notes, EMTN 6.100 10/04/22   2,000 1,902,740
Sr. Unsec’d. Notes, GMTN 5.450 11/28/19   805 792,624
Sr. Unsec’d. Notes, GMTN 6.000 05/20/19   500 499,850
          3,195,214
Turkey 0.7%
Turkey Government International Bond,          
Sr. Unsec’d. Notes 5.125 03/25/22   1,500 1,516,575
Sr. Unsec’d. Notes 5.625 03/30/21   1,000 1,031,292
Sr. Unsec’d. Notes 6.250 09/26/22   1,750 1,839,708
          4,387,575
Total Sovereign Bonds
(cost $14,049,195)
13,913,468
    
20


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Description     Shares Value
Common Stock 0.1%
Oil, Gas & Consumable Fuels 
Frontera Energy Corp. (Colombia)*
(cost $878,862)
      22,038 $ 679,101
 
Total Long-Term Investments
(cost $876,513,841)
877,669,119
Short-Term Investment 0.8%
Affiliated Mutual Fund 
PGIM Core Ultra Short Bond Fund
(cost $5,381,844)(w)
      5,381,844 5,381,844
 
TOTAL INVESTMENTS 133.4%
(cost $881,895,685)
        883,050,963
Liabilities in excess of other assets (33.4)% (221,158,057)
 
Net Assets 100.0% $ 661,892,906

The following abbreviations are used in the quarterly schedule of portfolio holdings:
144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. Unless otherwise noted, 144A securities are deemed to be liquid.        
EMTN—Euro Medium Term Note        
EURIBOR—Euro Interbank Offered Rate        
GMTN—Global Medium Term Note        
LIBOR—London Interbank Offered Rate        
MTN—Medium Term Note        
OJSC—Open Joint-Stock Company        
PIK—Payment-in-Kind        
EUR—Euro        
GBP—British Pound        
* Non-income producing security.        
# Principal amount is shown in U.S. dollars unless otherwise stated.        
(aa) Represents security, or a portion thereof, with aggregate value of $504,542,574 segregated as collateral for amount of $243,000,000 borrowed and outstanding as of April 30, 2018.        
(c) Variable rate instrument. The interest rate shown reflects the rate in effect at April 30, 2018.        
(d) Represents issuer in default on interest payments and/or principal repayment. Non-income producing security. Such securities may be post-maturity.        
21


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
(dd) On June 14, 2017, GenOn Energy, Inc. and its subsidiaries filed for bankruptcy under Chapter 11. In connection with the Chapter 11 plan of reorganization (the “GenOn Reorganization Plan”) GenOn Energy, Inc. and its subsidiaries issued a 144A high yield bond offering for the exit financing of the bankruptcy. As part of the GenOn Reorganization Plan and restructuring of the existing bond, PGIM, Inc. had agreed to participate in a backstop commitment of $6,325,000 for the new bond offering. Under the commitment agreement, the Fund would have been obligated to purchase all of the unsubscribed shares of the bond offering. The Fund has received a backstop fee of $316,250 in conjunction with this commitment. As of November 17, 2017, the agreement was terminated and PGIM, Inc. was not obligated to purchase any unsubscribed shares of the bond offering.        
(p) Interest rate not available as of April 30, 2018.        
(w) PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Ultra Short Bond Fund.        
    
Forward foreign currency exchange contracts outstanding at April 30, 2018:
Purchase
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC forward foreign currency exchange contracts:
British Pound,                          
Expiring 05/02/18   Barclays Capital Group   GBP 8,845   $ 12,355,491   $ 12,176,553   $—   $ (178,938)
Expiring 05/02/18   Citigroup Global Markets   GBP 8,845   12,361,771   12,176,553     (185,218)
Expiring 05/02/18   Goldman Sachs & Co.   GBP 8,845   12,368,847   12,176,553     (192,294)
Expiring 05/02/18   Hong Kong & Shanghai Bank   GBP 8,845   12,360,975   12,176,553     (184,422)
Expiring 05/02/18   JPMorgan Chase   GBP 8,845   12,363,407   12,176,553     (186,854)
Expiring 05/02/18   Morgan Stanley   GBP 8,845   12,360,533   12,176,553     (183,980)
Expiring 05/02/18   UBS AG   GBP 8,845   12,354,624   12,176,553     (178,071)
Euro,                          
Expiring 05/02/18   Bank of America   EUR 9,993   12,210,737   12,068,013     (142,724)
Expiring 05/02/18   Barclays Capital Group   EUR 9,993   12,215,933   12,068,013     (147,920)
Expiring 05/02/18   Citigroup Global Markets   EUR 9,993   12,222,779   12,068,013     (154,766)
Expiring 05/02/18   Credit Suisse First Boston Corp.   EUR 9,993   12,223,958   12,068,013     (155,945)
Expiring 05/02/18   Credit Suisse First Boston Corp.   EUR 2,404   2,977,972   2,903,315     (74,657)
Expiring 05/02/18   Goldman Sachs & Co.   EUR 9,993   12,223,928   12,068,013     (155,915)
Expiring 05/02/18   Hong Kong & Shanghai Bank   EUR 9,993   12,219,831   12,068,013     (151,818)
Expiring 05/02/18   JPMorgan Chase   EUR 9,993   12,216,533   12,068,013     (148,520)
Expiring 05/02/18   Morgan Stanley   EUR 9,993   12,223,228   12,068,013     (155,215)
Expiring 05/02/18   UBS AG   EUR 9,993   12,217,182   12,068,013     (149,169)
              $199,477,729   $196,751,303     (2,726,426)
    
22


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at April 30, 2018 (continued):
Sale Contracts   Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC forward foreign currency exchange contracts:
British Pound,                          
Expiring 05/02/18   Barclays Capital Group   GBP 632   $ 905,414   $ 869,382   $ 36,032   $
Expiring 05/02/18   Citigroup Global Markets   GBP 10,119   14,325,353   13,931,592   393,761  
Expiring 05/02/18   Goldman Sachs & Co.   GBP 10,119   14,343,669   13,931,592   412,077  
Expiring 05/02/18   Hong Kong & Shanghai Bank   GBP 10,119   14,347,414   13,931,592   415,822  
Expiring 05/02/18   JPMorgan Chase   GBP 10,120   14,336,788   13,931,592   405,196  
Expiring 05/02/18   Morgan Stanley   GBP 10,120   14,328,591   13,931,592   396,999  
Expiring 05/02/18   UBS AG   GBP 10,119   14,343,680   13,931,592   412,088  
Expiring 05/02/18   UBS AG   GBP 564   792,580   776,939   15,641  
Expiring 06/04/18   Barclays Capital Group   GBP 8,845   12,372,827   12,197,352   175,475  
Expiring 06/04/18   Citigroup Global Markets   GBP 8,845   12,379,107   12,197,352   181,755  
Expiring 06/04/18   Goldman Sachs & Co.   GBP 8,845   12,386,183   12,197,352   188,831  
Expiring 06/04/18   Hong Kong & Shanghai Bank   GBP 8,845   12,378,134   12,197,352   180,782  
Expiring 06/04/18   JPMorgan Chase   GBP 8,845   12,360,091   12,197,352   162,739  
Expiring 06/04/18   Morgan Stanley   GBP 8,845   12,377,780   12,197,352   180,428  
Expiring 06/04/18   UBS AG   GBP 8,845   12,372,120   12,197,352   174,768  
Expiring 06/04/18   UBS AG   GBP 480   661,745   661,625   120  
Euro,                          
Expiring 05/02/18   Bank of America   EUR 9,758   12,131,575   11,783,686   347,889  
Expiring 05/02/18   Barclays Capital Group   EUR 9,758   12,136,356   11,783,686   352,670  
Expiring 05/02/18   Citigroup Global Markets   EUR 9,758   12,137,332   11,783,686   353,646  
Expiring 05/02/18   Credit Suisse First Boston Corp.   EUR 9,758   12,130,063   11,783,687   346,376  
Expiring 05/02/18   Goldman Sachs & Co.   EUR 9,758   12,137,723   11,783,687   354,036  
Expiring 05/02/18   Hong Kong & Shanghai Bank   EUR 9,758   12,134,405   11,783,687   350,718  
Expiring 05/02/18   JPMorgan Chase   EUR 9,758   12,125,086   11,783,687   341,399  
Expiring 05/02/18   Morgan Stanley   EUR 9,758   12,126,598   11,783,686   342,912  
Expiring 05/02/18   UBS AG   EUR 9,758   12,131,965   11,783,686   348,279  
Expiring 05/02/18   UBS AG   EUR 4,523   5,559,939   5,462,256   97,683  
Expiring 06/04/18   Bank of America   EUR 9,993   12,239,018   12,100,585   138,433  
23


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at April 30, 2018 (continued):
Sale Contracts   Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC forward foreign currency exchange contracts (continued):
Euro,                          
Expiring 06/04/18   Barclays Capital Group   EUR 9,993   $ 12,244,854   $ 12,100,585   $ 144,269   $
Expiring 06/04/18   Citigroup Global Markets   EUR 9,993   12,251,760   12,100,585   151,175  
Expiring 06/04/18   Credit Suisse First Boston Corp.   EUR 9,993   12,252,619   12,100,585   152,034  
Expiring 06/04/18   Goldman Sachs & Co.   EUR 9,993   12,252,859   12,100,585   152,274  
Expiring 06/04/18   Hong Kong & Shanghai Bank   EUR 9,993   12,248,662   12,100,585   148,077  
Expiring 06/04/18   JPMorgan Chase   EUR 9,993   12,245,514   12,100,585   144,929  
Expiring 06/04/18   Morgan Stanley   EUR 9,993   12,252,210   12,100,586   151,624  
Expiring 06/04/18   UBS AG   EUR 9,993   12,246,314   12,100,586   145,728  
Expiring 06/04/18   UBS AG   EUR 929   1,124,967   1,124,911   56  
              $401,121,295   $392,824,574   8,296,721  
                      $8,296,721   $(2,726,426)
Fair Value Measurements:
Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.
Level 1—unadjusted quoted prices generally in active markets for identical securities.
Level 2—quoted prices for similar securities, interest rates and yield curves, prepayment speeds, foreign currency exchange rates and other observable inputs.
Level 3—unobservable inputs for securities valued in accordance with Board approved fair valuation procedures.
The following is a summary of the inputs used as of April 30, 2018 in valuing such portfolio securities:
  Level 1   Level 2   Level 3
Investments in Securities          
Bank Loans

$   $124,933,570   $—
Corporate Bonds          
Argentina

  2,893,957  
Australia

  5,377,358  
Brazil

  16,135,911  
Canada

  47,280,748  
Chile

  4,136,040  
China

  640,625  
France

  14,848,941  
Germany

  13,138,330  
24


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
  Level 1   Level 2   Level 3
Investments in Securities (continued)          
Corporate Bonds (continued)          
Guatemala

$   $ 1,037,320   $—
Ireland

  11,039,027  
Israel

  1,748,705  
Italy

  2,881,005  
Jamaica

  2,152,063  
Luxembourg

  14,305,401  
Netherlands

  11,305,374  
Russia

  13,195,328  
South Africa

  3,728,425  
Sweden

  3,630,391  
Turkey

  3,967,443  
United Arab Emirates

  1,804,688  
United Kingdom

  48,583,292  
United States

  507,918,381  
Zambia

  6,394,227  
Sovereign Bonds          
Argentina

  3,054,000  
Brazil

  1,792,296  
Dominican Republic

  1,484,383  
Lebanon

  3,195,214  
Turkey

  4,387,575  
Common Stock

679,101    
Affiliated Mutual Fund

5,381,844    
Other Financial Instruments*          
Forward foreign currency exchange contracts

  5,570,295  
Total $6,060,945   $882,560,313   $—

* Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, forwards and centrally cleared swap contracts, which are recorded at the unrealized appreciation (depreciation) on the instrument, and OTC swap contracts which are recorded at fair value.
During the period, there were no transfers between Level 1, Level 2 and Level 3 to report.
Industry Classification:
The industry classification of investments and liabilities in excess of other assets shown as a percentage of net assets as of April 30, 2018 were as follows:
Media 13.3%
Healthcare-Services 8.1
Oil & Gas 8.0
Home Builders 7.7
Retail 7.4
Telecommunications 7.0
Electric 6.9
Chemicals 6.1
Software 5.3%
Entertainment 4.7
Foods 3.4
Diversified Financial Services 3.3
Technology 3.3
Packaging & Containers 2.9
Healthcare & Pharmaceuticals 2.8
Mining 2.5
 
 
25


PGIM Global Short Duration High Yield Fund, Inc.
Schedule of Investments as of April 30, 2018 (unaudited) (continued)
Industry Classification (continued):
Computers 2.5%
Commercial Services 2.5
Miscellaneous Manufacturing 2.4
Auto Parts & Equipment 2.4
Sovereign 2.1
Lodging 1.9
Real Estate 1.9
Real Estate Investment Trusts (REITs) 1.9
Consumer Services 1.9
Capital Goods 1.8
Iron/Steel 1.5
Pipelines 1.3
Building Materials 1.1
Banks 1.1
Forest Products & Paper 1.0
Auto Manufacturers 0.9
Textiles 0.9
Cosmetics/Personal Care 0.9
Other Industry 0.9
Internet 0.8
Supermarkets 0.8
Affiliated Mutual Fund 0.8
Aerospace & Defense 0.7
Semiconductors 0.7%
Trucking & Leasing 0.7
Environmental Control 0.6
Leisure Time 0.5
Healthcare-Products 0.5
Advertising 0.5
Machinery-Diversified 0.5
Metal Fabricate/Hardware 0.4
Gas 0.4
Pharmaceuticals 0.4
Distribution/Wholesale 0.3
Restaurants 0.3
Non-Captive Finance 0.3
Cable 0.3
Transportation 0.2
Engineering & Construction 0.1
Tobacco 0.0*
  133.4
Liabilities in excess of other assets (33.4)
  100.0%

* Less than +/- 0.05%
 
 
26


Effective June 11, 2018, the Fund’s name was changed by replacing “Prudential” with “PGIM” in the Fund’s name.
Notes to Schedule of Investments (unaudited)
Securities Valuation: The Fund holds securities and other assets and liabilities that are fair valued at the close of each day (generally, 4:00 PM Eastern time) the New York Stock Exchange (“NYSE”) is open for trading. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Board of Directors (the “Board”) has adopted valuation procedures for security valuation under which fair valuation responsibilities have been delegated to PGIM Investments LLC (“PGIM Investments” or “the Manager”). Under the current valuation procedures, the Valuation Committee is responsible for supervising the valuation of portfolio securities and other assets and liabilities. The valuation procedures permit the Fund to utilize independent pricing vendor services, quotations from market makers, and alternative valuation methods when market quotations are either not readily available or not deemed representative of fair value. A record of the Valuation Committee’s actions is subject to the Board’s review, approval, and ratification at its next regularly scheduled quarterly meeting.
For the fiscal reporting period-end, securities and other assets and liabilities were fair valued at the close of the last U.S. business day. Trading in certain foreign securities may occur when the NYSE is closed (including weekends and holidays). Because such foreign securities trade in markets that are open on weekends and U.S. holidays, the values of some of the Fund’s foreign investments may change on days when investors cannot purchase or redeem Fund shares.
Various inputs determine how the Fund’s investments are valued, all of which are categorized according to the three broad levels (Level 1, 2, or 3) detailed in the Schedule of Investments.
Investments in open-end, non-exchange-traded mutual funds are valued at their net asset values as of the close of the NYSE on the date of valuation. These securities are classified as Level 1 in the fair value hierarchy since they may be purchased or sold at their net asset values on the date of valuation.
Fixed income securities traded in the OTC market are generally classified as Level 2 in the fair value hierarchy. Such fixed income securities are typically valued using the market approach which generally involves obtaining data from an approved independent third-party vendor source. The Fund utilizes the market approach as the primary method to value securities when market prices of identical or comparable instruments are available. The third-party vendors’ valuation techniques used to derive the evaluated bid price are based on evaluating observable inputs, including but not limited to, yield curves, yield spreads, credit ratings, deal terms, tranche level attributes, default rates, cash flows, prepayment speeds,
27


broker/dealer quotations and reported trades. Certain Level 3 securities are also valued using the market approach when obtaining a single broker quote or when utilizing transaction prices for identical securities that have been used in excess of five business days. During the reporting period, there were no changes to report with respect to the valuation approach and/or valuation techniques discussed above.
Bank loans are generally valued at prices provided by approved independent pricing vendors. The pricing vendors utilize broker/dealer quotations and provide prices based on the average of such quotations. Bank loans valued using such vendor prices are generally classified as Level 2 in the fair value hierarchy. Bank loans valued based on a single broker quote or at the original transaction price in excess of five business days are classified as Level 3 in the fair value hierarchy.
OTC derivative instruments are generally classified as Level 2 in the fair value hierarchy. Such derivative instruments are typically valued using the market approach and/or income approach which generally involves obtaining data from an approved independent third-party vendor source. The Fund utilizes the market approach when quoted prices in broker-dealer markets are available but also includes consideration of alternative valuation approaches, including the income approach. In the absence of reliable market quotations, the income approach is typically utilized for purposes of valuing OTC derivatives such as interest rate swaps based on a discounted cash flow analysis whereby the value of the instrument is equal to the present value of its future cash inflows or outflows. Such analysis includes projecting future cash flows and determining the discount rate (including the present value factors that affect the discount rate) used to discount the future cash flows. In addition, the third party vendors’ valuation techniques used to derive the evaluated OTC derivative price is based on evaluating observable inputs, including but not limited to, underlying asset prices, indices, spreads, interest rates and exchange rates. Certain OTC derivatives may be classified as Level 3 when valued using the market approach by obtaining a single broker quote or when utilizing unobservable inputs in the income approach. During the reporting period, there were no changes to report with respect to the valuation approach and/or valuation techniques discussed above.
Securities and other assets that cannot be priced according to the methods described above are valued based on pricing methodologies approved by the Board. In the event that unobservable inputs are used when determining such valuations, the securities will be classified as Level 3 in the fair value hierarchy.
When determining the fair value of securities, some of the factors influencing the valuation include: the nature of any restrictions on disposition of the securities; assessment of the general liquidity of the securities; the issuer’s financial condition and the markets in which it does business; the cost of the investment; the size of the holding and the capitalization of the issuer; the prices of any recent transactions or bids/offers for such securities or any comparable securities; any available analyst media or other reports or information deemed reliable by the Manager regarding the issuer or the markets or industry in which it operates. Using fair value to price securities may result in a value that is different from a security’s
28


most recent closing price and from the price used by other unaffiliated mutual funds to calculate their net asset values.
The Fund may invest without limit in illiquid securities, including those that are restricted as to disposition under securities law (“restricted securities”). Restricted securities are valued pursuant to the valuation procedures noted above.
The Fund may invest its overnight sweep cash in the PGIM Core Ultra Short Bond Fund, a series of the Prudential Investment Portfolios 2, registered under the Investment Company Act of 1940, as amended, and managed by PGIM Investments.
Other information regarding the Fund is available in the Fund’smost recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov)
29


Item 2. Controls and Procedures

 

  (a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s 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 Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s 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 registrant’s 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 Global Short Duration High Yield Fund, Inc.

 

By (Signature and Title)*

  

/s/ Deborah A. Docs

  

Deborah A. Docs

  

Secretary of the Fund

Date    June 25, 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    June 25, 2018

 

By (Signature and Title)*

  

/s/ M. Sadiq Peshimam

  

M. Sadiq Peshimam

  

Treasurer and Principal Financial and Accounting Officer

Date    June 25, 2018

* Print the name and title of each signing officer under his or her signature.