Company Website:
http://www.prudential.com
NEWARK, N.J. -- (Business Wire)
Prudential Short Duration High Yield Fund, Inc. (NYSE:ISD) and
Prudential Global Short Duration High Yield Fund, Inc. (NYSE:GHY)
announced today that the record date for the previously announced March
distributions will now be Thursday, March 27th. Accordingly,
the ex-date will now be Tuesday, March 25th. The distribution
amount and payable date remains unchanged as shown below. In addition,
the distribution amounts and all dates previously announced for the
April and May distributions remain unchanged and are also shown below:
Fund Name |
|
|
| Ticker |
|
| Distribution Per Share |
|
| Change From Prior Distribution |
Prudential Short Duration High Yield Fund, Inc.
|
|
|
|
ISD
|
|
|
$0.1225
|
|
|
--
|
Prudential Global Short Duration High Yield Fund, Inc.
| | | |
GHY
| | |
$0.1250
| | |
--
|
| | | | | | | | | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Month |
|
|
| Ex-Date |
|
|
| Record Date |
|
|
| Payable Date |
March
|
|
|
|
3/25/2014
|
|
|
|
3/27/2014
|
|
|
|
3/31/2014
|
April
|
|
|
|
4/15/2014
|
|
|
|
4/17/2014
|
|
|
|
4/30/2014
|
May
|
|
|
|
5/19/2014
|
|
|
|
5/21/2014
|
|
|
|
5/30/2014
|
|
|
|
| |
|
|
| |
|
|
| |
This press release is not for tax reporting purposes but is being
provided to announce the amount of each Fund’s distributions that have
been declared by the applicable Board of Directors. In early 2015, after
definitive information is available, each Fund will send shareholders a
Form 1099-DIV, if applicable, specifying how the distributions paid by
each Fund during the prior calendar year should be characterized for
purposes of reporting the distributions on a shareholder’s tax return
(e.g., ordinary income, long-term capital gain or return of capital). If
applicable, a current estimate of the distribution's composition can be
found in the Section 19 notice section of the website. Please consult
your tax advisor for further information.
Each Fund is a diversified, closed-end management investment company
managed by Prudential Investments LLC and sub-advised by Prudential
Fixed Income, a business unit of Prudential Investment Management Inc.
and an affiliate of the investment manager.
Prudential Investments, the mutual fund business of Prudential
Financial, Inc. oversees Prudential Mutual Funds, which focuses on
traditional mutual funds, separately managed accounts, and Investment
Only Defined Contribution businesses.
Prudential Financial, Inc., a financial services leader with over $1.1
trillion of assets under management as of December 31, 2013, has
operations in the United States, Asia, Europe, and Latin America.
Prudential’s diverse and talented employees are committed to helping
individual and institutional customers grow and protect their wealth
through a variety of products and services, including life insurance,
annuities, retirement-related services, mutual funds and investment
management. In the U.S., Prudential’s iconic Rock symbol has stood for
strength, stability, expertise and innovation for more than a century.
For more information, please visit http://www.news.prudential.com/.
These Funds invest in high yield (“junk”) bonds, which are
subject to greater credit and market risks; derivative securities,
which may carry market, credit, and liquidity risks; foreign
securities, which are subject to currency fluctuation and political
uncertainty; and emerging markets securities, which are subject
to greater volatility and price declines. Fixed income investments
are subject to interest rate risk, where their value will decline as
interest rates rise. There are fees and expenses involved with investing
in these Funds.
Prudential Fixed Income is a unit of Prudential Investment Management,
Inc., which is a registered investment advisor and Prudential Financial
company. Prudential Investments, Prudential, the Prudential logo, and
the Rock symbol are service marks of Prudential Financial, Inc. and its
related entities, registered in many jurisdictions worldwide.
Control Number: 0258233-00002-00
Contacts:
Prudential
Darrell Oliver,973-802-9627
Darrell.Oliver@prudential.com
Source: Prudential Financial, Inc.
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