PGIM Short Duration High Yield Opps:SDHY

    Manage Alerts

    Overview

    As of 12/7/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$18.16$19.66-7.63%
    52 Wk Avg$19.12$19.92-3.76%
    52 Wk High$21.00$20.172.79%
    52 Wk Low$16.78$19.43-9.95%
    Regular Distribution TypeManaged Distribution
    Distribution Rate7.14%
    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 12/7/2021

    Total Investment Exposure:$639.072M
    Total Common Assets:$485.072M
    Common Shares Outstanding:24,673,056
    Leverage

    As of 12/7/2021

    Preferred Share Assets:
    Total Debt (USD): $154.000M
    Regulatory Leverage (USD): $154.000M
    Effective Leverage (USD): $154.000M
    Effective Leverage (%): 24.10%
    Annual Expense Ratios

    As of 12/31/2020

      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 Funds (Prudential)

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

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: SDHY
    NAV Ticker: XSDHX
    Average Daily Volume (shares): 78,610
    Average Daily Volume (USD): $1.489M
    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

    Distributions

    As of 12/7/2021

    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
    Annualized Distribution Rate on NAV:
    As of 12/7/2021
    6.59%
    Total Return on NAV (12 months):
    As of 12/7/2021
    3.33%
    Avg. Portfolio Coupon:
    As of 12/7/2021
    6.02%
    Total % Portfolio Effectively Leveraged:
    As of 12/7/2021
    24.10%

    Pricing Information

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

    As of 12/8/2021

    PeriodAvg Discount
    6 Month-4.69%
    1 Year-3.76%
    3 Year 
    5 Year 
    Z-Score

    As of 12/7/2021

    PeriodZStat
    3 Month-2.21
    6 Month-1.90
    1 Year-1.50
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2021
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-6.58%2.71%14.50%5.28%
    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 11/30/2021
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/7/2021
    6.02%
    Number of Holdings:
    As of 10/31/2021
    318
    Annual Portfolio Turnover:
    As of 12/31/2020
    45.00%
    Average Bond Price:
    As of 10/31/2021
    $104.91
    Asset Allocation

    As of 10/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 10/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)97.41%
    Corporate Bond84.72%
    Bank Loan11.50%
    Convertible1.20%
    Cash Equivalents0.57%
    Cash Equivalents (Super Sector)0.57%
    Top Holdings

    As of 10/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Prudential Invt Portfolios 2$12.26M1.98%
    Ford Motor Company 9%$8.03M1.30%
    Uniti Group LP/Uniti Fiber Holdings Inc/Uniti Group Finance 2019 Inc/CSL Ca$7.84M1.27%
    CDW LLC / CDW Finance Corp 4.125%$7.48M1.21%
    Verscend Escrow Corp 9.75%$6.62M1.07%
    Microchip Technology Incorporated 4.25%$6.45M1.04%
    Bausch Health Companies Inc 9%$6.43M1.04%
    T-Mobile US, Inc. 7.625%$6.18M1.00%
    Dun & Bradstreet Corp Term Loan B$5.92M0.95%
    Solenis Holdings Llc Term Loan$5.91M0.95%
    Credit Quality

    As of 10/31/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 10/31/2021 reported by Fund Sponsor

    Country Allocation

    As of 10/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income71.76%
    Canada - Fixed Income5.89%
    Others - Fixed Income2.74%
    United Kingdom - Fixed Income1.66%
    France - Fixed Income0.99%
    Netherlands - Fixed Income0.74%
    Germany - Fixed Income0.52%
    Ireland - Fixed Income0.41%
    Canada - Equity0.00%

    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.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com 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.

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