PGIM Short Duration High Yield Opps:SDHY

    Manage Alerts


    As of 6/29/2022

    52 Wk Avg$17.84$19.18-7.11%
    52 Wk High$19.92$20.02-0.45%
    52 Wk Low$14.54$16.79-13.92%
    Regular Distribution TypeManaged Distribution
    Distribution Rate8.77%
    Distribution Amount$0.1080
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund's investment objective is to provide total return, through a combination of current income and capital appreciation. The Fund's investment objective is non-fundamental and may be changed without shareholder approval. There can be no guarantee that the Fund will achieve its investment objective or be able to structure its investment portfolio as anticipated.

    Capital Structure

    As of 6/29/2022

    Total Investment Exposure:$564.261M
    Total Common Assets:$414.261M
    Common Shares Outstanding:24,673,056

    As of 6/29/2022

    Preferred Share Assets:
    Total Debt (USD): $150.000M
    Regulatory Leverage (USD): $150.000M
    Effective Leverage (USD): $150.000M
    Effective Leverage (%): 26.58%
    Annual Expense Ratios

    As of 12/31/2021

      Per Common Share
    Management Fees0.83%
    Other Expenses:0.53%
    Baseline Expense: N/A
    Interest Expense:0.13%
    Total: 1.50%
    Fund Management

    Fund Sponsor
    PGIM Investments

    Portfolio Managers
    Brian Clapp, Robert Spano, Ryan Kelly, Daniel Thorogood, Robert Cignarella

    Category: Fixed Income - Taxable-High Yield
    Ticker: SDHY
    NAV Ticker: XSDHX
    Average Daily Volume (shares): 87,710
    Average Daily Volume (USD): $1.565M
    Inception Date: 11/25/2020
    Inception Share Price: $20.00
    Inception NAV: $20.00
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports


    As of 6/29/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 1/31/2022
    Annualized Distribution Rate on NAV:
    As of 6/29/2022
    Total Return on NAV (12 months):
    As of 6/29/2022
    Avg. Portfolio Coupon:
    As of 6/29/2022
    Total % Portfolio Effectively Leveraged:
    As of 6/29/2022

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/30/2022

    PeriodAvg Discount
    6 Month-9.50%
    1 Year-7.11%
    3 Year 
    5 Year 

    As of 6/29/2022

    3 Month-0.61
    6 Month-1.00
    1 Year-1.49
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 5/31/2022
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2022
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/29/2022
    Number of Holdings:
    As of 5/31/2022
    Annual Portfolio Turnover:
    As of 12/31/2021
    Average Bond Price:
    As of 5/31/2022
    Asset Allocation

    As of 5/31/2022

    Top Sectors

    As of 5/31/2022

    Corporate (Super Sector)90.71%
    Corporate Bond78.77%
    Bank Loan10.20%
    Cash Equivalents (Super Sector)9.07%
    Cash Equivalents9.07%
    Derivative (Super Sector)0.22%
    Future Forward0.00%
    Top Holdings

    As of 5/31/2022

    HoldingValue% Portfolio
    Uniti Group LP/Uniti Fiber Holdings Inc/Uniti Group Finance 2019 Inc/CSL Ca$8.65M1.53%
    CDW LLC / CDW Finance Corp 4.125%$7.18M1.27%
    Allied Universal Holdco LLC / Allied Universal Finance Corporation 6.625%$6.95M1.23%
    Bausch Health Companies Inc 8.5%$6.29M1.11%
    Microchip Technology Incorporated 4.25%$6.21M1.10%
    NortonLifeLock Inc. 5%$6.16M1.09%
    Univision Commmunications Inc. 5.125%$5.96M1.05%
    Diversified Healthcare Trust 9.75%$5.74M1.01%
    Dun & Bradstreet Corp Term Loan B$5.72M1.01%
    T-Mobile US Inc 7.625%$5.71M1.01%
    Credit Quality

    As of 5/31/2022

    Maturity Breakdown

    As of 5/31/2022

    Country Allocation

    As of 5/31/2022

    Country% Portfolio
    United States - Fixed Income66.34%
    Canada - Fixed Income5.71%
    Others - Fixed Income2.45%
    United Kingdom - Fixed Income1.60%
    France - Fixed Income1.48%
    Germany - Fixed Income0.55%
    Australia - Fixed Income0.35%
    Ireland - Fixed Income0.28%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.