Prudential Financial Announces Consistent Distributions for PGIM High Yield Funds Amid Risks and Strengths

Prudential Financial Inc announced consistent monthly distributions for its PGIM High Yield Bond Fund, PGIM Global High Yield Fund, and PGIM Short Duration High Yield Opportunities Fund for September, October, and November 2025. The distribution amounts remain unchanged, with no changes reported. The announcement was made on August 29, 2025. The funds invest in high-yield bonds, foreign securities, and emerging markets, which carry greater credit and market risks. Despite these risks, Prudential Financial's diversified investment platform and disciplined risk management enhance investor confidence.

Title: Prudential Financial Inc. Declares Consistent Monthly Distributions for PGIM High Yield Bond Funds

Prudential Financial Inc. has announced consistent monthly distributions for its PGIM High Yield Bond Fund, PGIM Global High Yield Fund, and PGIM Short Duration High Yield Opportunities Fund for September, October, and November 2025. The distribution amounts remain unchanged, with no changes reported. The announcement was made on August 29, 2025 [1].

The funds, which are managed by PGIM Investments LLC, declared monthly distributions of $0.105 per share for PGIM High Yield Bond Fund, Inc. (NYSE: ISD) and PGIM Global High Yield Fund, Inc. (NYSE: GHY), and $0.108 per share for PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) [1].

The distribution schedule for each fund is as follows:

- September 2025: Ex-Date: September 9, Record Date: September 11, Payable Date: September 30
- October 2025: Ex-Date: October 10, Record Date: October 16, Payable Date: October 31
- November 2025: Ex-Date: November 11, Record Date: November 13, Payable Date: November 28 [1]

The distribution amounts are forward-looking and may include net investment income, currency gains, capital gains, and a return of capital. However, the exact composition of these distributions will be determined in early 2026, when shareholders will receive a Form 1099-DIV specifying how the distributions should be characterized for tax purposes [1].

Prudential Financial's PGIM Investments offers a diversified portfolio of more than 100 funds globally, drawing on a globally diversified investment platform that encompasses expertise across fixed income, equities, alternatives, and real estate. The company's disciplined risk management and deep expertise in public and private asset classes provide investors with a range of investment strategies and tailored solutions [2].

Despite the higher credit and market risks associated with high-yield bonds, foreign securities, and emerging markets, Prudential Financial's robust investment platform and disciplined risk management approach enhance investor confidence. Each fund is a diversified, closed-end management investment company managed by PGIM Investments LLC and subadvised by PGIM Fixed Income, a business unit of PGIM, Inc. [1].

References:
1. [https://www.morningstar.com/news/business-wire/20250829239087/pgim-closed-end-funds-declare-distributions-for-september-october-and-november-2025](https://www.morningstar.com/news/business-wire/20250829239087/pgim-closed-end-funds-declare-distributions-for-september-october-and-november-2025)
2. [https://www.nasdaq.com/press-release/pgim-closed-end-funds-declare-distributions-september-october-and-november-2025-2025](https://www.nasdaq.com/press-release/pgim-closed-end-funds-declare-distributions-september-october-and-november-2025-2025)