PGIM Investments to host closed-end fund conference call
July 11 2018 - 4:07PM
Business Wire
PGIM Investments announced it will host a conference call to
provide market commentary and product updates for PGIM Short
Duration High Yield Fund, Inc. (NYSE:ISD) and PGIM Global Short
Duration High Yield Fund, Inc. (NYSE:GHY).
The call will feature the Funds’ portfolio managers from PGIM
Fixed Income’s Leveraged Finance Team. During the call, they will
discuss the Funds’ performance and their current views and outlook
on the high yield market. The call will also include a
question-and-answer session.
Details for the call, scheduled for Tuesday, July 17, 2018,
including dial-in information, can be found below. A replay of the
call will be available through August 17, 2018.
Call Date:
Tuesday, July 17, 2018 Call Time: 2:00 p.m.
Eastern time Call #: (844) 215-9790 Call ID:
2165357 Replay #: (855)
859-2056
About PGIM and Prudential Financial, Inc.
With 15 consecutive years of positive third-party institutional
net flows, PGIM is the global asset management business of
Prudential Financial, Inc. (NYSE:PRU) — a top-10 investment manager
globally with more than $1 trillion in assets under management,
according to Pensions & Investments’ 2018 Top Money Managers
List. PGIM’s businesses offer a range of investment solutions for
retail and institutional investors around the world across a broad
range of asset classes, including fundamental equity, quantitative
equity, public fixed income, private fixed income, real estate and
commercial mortgages. Its businesses have offices in 15 countries
across four continents. For more information, please visit
pgim.com.
Prudential’s additional businesses offer a variety of products
and services, including life insurance, annuities and
retirement-related services. For more information about Prudential,
please visit news.prudential.com.
Data and commentary provided in this press release are for
informational purposes only. PGIM Investments LLC, the Investment
Manager of the Fund, and its affiliates do not engage in selling
shares of the Fund. The Fund is subadvised by PGIM Fixed Income, a
business unit of PGIM, Inc. and an affiliate of the investment
manager.
An investment in closed-end fund’s common stock may be
speculative in that it involves a high degree of risk, should not
constitute a complete investment program, and may result in loss of
principal. Each closed-end fund will have its own unique investment
strategy, risks, charges and expenses that need to be considered
before investing.
This material is being provided for informational or educational
purposes only and does not take into account the investment
objectives or financial situation of any client or prospective
clients. The information is not intended as investment advice and
is not a recommendation about managing or investing your retirement
savings. Clients seeking information regarding their particular
investment needs should contact a financial professional.
The Fund invests 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 the Fund.
Diversification does not assure a profit or protect against a loss
in declining markets. There is no guarantee that dividends or
distributions will be paid.
PGIM Fixed Income is a unit of PGIM, Inc., which is a registered
investment advisor and Prudential Financial company. © 2018
Prudential Financial, Inc. and its related entities. PGIM, the PGIM
logo, and the Rock symbol are service marks of Prudential
Financial, Inc. and its related entities, registered in many
jurisdictions worldwide.
Investment products are not insured by the FDIC or any federal
government agency, may lose value, and are not a deposit of or
guaranteed by any bank or any bank affiliate.
0317997-00001-00
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version on businesswire.com: https://www.businesswire.com/news/home/20180711005104/en/
For PGIM InvestmentsJudith Flynn,
973-802-9939judith.flynn@prudential.com
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