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CORRECTING and REPLACING Prudential Global Short Duration High Yield Fund, Inc. Reports Unaudited Earnings and Financial Position For Quarter Ended January 31, 2014

The headers in the right column on the table should read October 31, 2013 (sted October 31, 2014).

The corrected release reads:

PRUDENTIAL GLOBAL SHORT DURATION HIGH YIELD FUND, INC. REPORTS UNAUDITED EARNINGS AND FINANCIAL POSITION FOR QUARTER ENDED JANUARY 31, 2014

Prudential Global Short Duration High Yield Fund, Inc. (NYSE:GHY), (the Fund), a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended January 31, 2014.

   

As of January 31, 2014

As of October 31, 2013

Net Assets $770,213,833 $772,483,145
Loan Outstanding $297,000,000 $293,000,000
Shares Outstanding 40,923,879 40,923,879
Net Asset Value ("NAV") Per Share $18.82 $18.88
Market Price Per Share $17.49 $17.46
Premium / (Discount) to NAV -7.1% -7.5%
 
Undistributed / (Overdistributed) Net Investment Income (a) $2,593.071 $1,309,398

Undistributed / (Overdistributed) Net Investment Income PerShare (a)

$0.06 $0.03
 

Quarter Ended January 31, 2014

Quarter Ended October 31, 2013

Quarterly Earnings

Net Investment Income $16,630,127 $16,655,853

Net Realized and Unrealized Gain (Loss) on Investment andForeign Currency Transactions

($3,552,985)   $5,520,715
Net Increase / (Decrease) in Net Assets From Operations $13,077,142   $22,176,568
 

Quarterly Earnings Per Common Share Outstanding

Net Investment Income $0.41 $0.41
Net Realized and Unrealized Gain / (Loss) ($0.09)   $0.13
Net Increase / (Decrease) in Net Assets From Operations $0.32   $0.54
 
Notes:
(a)   Overdistributed amounts may be funded by capital gains on portfolio securities or through return of shareholder’s capital.
 

This financial data is unaudited. Amounts do not reflect adjustments for Generally Accepted Accounting Principles including those relating to amortization of premiums on securities held.

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