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Prudential Global Short Duration High Yield Fund, Inc. Declares Initial Distribution For February And Monthly Distributions For March, April, And May 2013

Prudential Global Short Duration High Yield Fund, Inc. (NYSE: GHY) declared today its initial distribution of $0.125 per share of common stock payable February 28, 2013. Based on the Fund’s initial offering price of $20.00 per share, this equates to an annualized distribution yield of 7.50%. The Fund also declared today monthly distributions of $0.125 per share of common stock for March, April and May 2013.

The distribution schedule appears below:

Month

 

Ex-Date

 

Record Date

 

Payable Date

 

Amount

February 2/19/13 2/21/13 2/28/13 $0.125
March 3/18/13 3/20/13 3/28/13 $0.125
April 4/17/13 4/19/13 4/30/13 $0.125
May 5/20/13 5/22/13 5/31/13 $0.125

These distributions are the first declared by the Fund following its successful initial public offering in December 2012 that raised approximately $851 million, assuming full exercise of the underwriters' overallotment option, which may not occur.

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