NEWARK, N.J.--(BUSINESS WIRE)--Prudential Investments announced it will host a conference call to provide market commentary and product updates for Prudential Short Duration High Yield Fund, Inc. (NYSE:ISD) and Prudential Global Short Duration High Yield Fund, Inc. (NYSE:GHY).
The call will feature the Funds’ portfolio managers from Prudential 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, June 7, 2016, including dial-in information, can be found below. A replay of the call will be available through August 7, 2016.
|Call Date:||Tuesday June 7, 2016|
|Call Time:||2:00 pm Eastern|
|Replay #:||(855) 859-2056|
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. Please visit www.prudentialfunds.com for more information.
Prudential Financial, Inc., a financial services leader with over $1 trillion of assets under management as of March 31, 2016, 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 United States, 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. 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.
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.
Prudential Fixed Income is a unit of PGIM, which is a registered investment advisor and Prudential Financial company. © 2016 Prudential Financial, Inc. and its related entities. 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.