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Prudential Global Short Duration High Yield Fund, Inc. Portfolio Composition As Of February 15, 2013

Stock quotes in this article: PRU 

Prudential Global Short Duration High Yield Fund (NYSE: GHY) has invested all of the proceeds received at the closing of its initial public offering on December 26, 2012.

The Fund seeks to provide investors with a high level of current income. It invests in a global portfolio consisting primarily of higher-rated, below investment-grade fixed income instruments. It seeks to maintain a weighted average portfolio duration of three years or less and an average maturity of five years or less 1. There is no guarantee the Fund’s objective will be achieved.

As of February 15, 2013, the Fund’s investments were comprised approximately as follows:

Portfolio Composition 2 :

Credit Quality Allocation

A       1.25
BBB ---
BB 30.52
B 64.36
CCC 7.88
Not Rated 0.54
Cash/Cash Equivalents -4.55

Top Ten Countries

United States       57.28
United Kingdom 6.95
Germany 6.47
Luxembourg 5.57
Canada 3.69
Russian Federation 3.13
Switzerland 2.01
Poland 1.64
Australia 1.37
Italy 1.31

Top Ten Industries

Technology       12.03
Cable 9.56
Telecom 9.34
Media & Entertainment 8.31
Capital Goods 8.03
Gaming 7.30
Metals 6.69
Automotive 5.33
Food 4.99
Health Care & Pharmaceuticals 4.91

Portfolio Statistics:

Average Maturity       4.9 years
Duration 2.9 years
 
Total Managed Assets $ 927,143,186
Total Net Assets $ 777,143,186
Leverage 16.2%
 
Distribution Amount $0.125 per share
Frequency Monthly (declared quarterly, paid monthly)

The Fund is a diversified, closed-end management investment company managed by Prudential Investments LLC. The Fund is sub-advised by Prudential Fixed Income, a business unit of Prudential Investment Management Inc. and an affiliate of the investment manager.

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