pan>)--Prudential Short Duration High Yield Fund, Inc. (NYSE: ISD),
expressed today monthly distributions connected with $0.1225 per common share regarding
September, October and Late 2012. The distribution program and
amounts appears listed below:
Month
Ex-Date
Record Date
Due Date
Amount
September
09/19/2012
09/21/2012
09/28/2012
$0.1225
October
10/17/2012
10/19/2012
10/31/2012
$0.1225
November
11/19/2012
11/21/2012
11/30/2012
$0.1225
This release just isn't for tax reporting reasons but is being provided to
mention the amount of the Funds withdrawals that have been declared
by the Mother board of Directors. In early The year 2013, after definitive information
is accessible, the Fund will send shareholders a Form 1099-DIV, if
applicable, specifying how the distributions paid by the Fund during the
prior season should be characterized for reason for reporting
the distributions over a shareholders tax return (e.f., ordinary income,
long-term capital achieve or return of investment capital). If applicable, a current
estimate of the distributions composition are available in the Section
19 notice section of the website. Please consult your tax advisor for
more info.
The Fund is a diverse, closed-end investment management company
been able by Prudential Investments LLC. The Provide for is sub-advised by
Prudential Fixed Salary, a business unit of Prudential Investment decision
Management Inc. and an internet marketer of the investment manager.
Prudential Ventures, the mutual fund as well as wealth management business
with Prudential Financial, Inc. (NYSE: PRU), runs Prudential Mutual
Funds, which is targeted on traditional mutual funds, separately managed
accounts, and Purchase Only Defined Contribution companies.
Prudential Investments also maintains a couple other business units, Wealth
Management Solutions and Strategic Expense Research Group.
Prudential Financial, Inc., a financial services leader along with
approximately $961 billion of belongings under management as of May 30,New Lebron X,
2012, has procedures in the United States, Asia, Europe, in addition to Latin
America. Prudentials diverse and talented employees are committed to
helping man or women and institutional customers grow as well as protect their
wealth by having a variety of products and services,Lebron X, including living
insurance, annuities, retirement-related services, mutual money and
investment management. Within the U.S., Prudentials iconic Rock symbol has
stood for toughness, stability, expertise and development for more than a
century. For more information, check out http://www.news.prudential.com/.
The Fund invests in high yield (trash) bonds, which are subject to
increased credit and market threats; leveraging techniques, which may
magnify losses and increase stock portfolio expenses; derivative securities,
which might carry market, credit, as well as liquidity risks; foreign
stock options, which are subject to currency variation and political
uncertainty; rising markets, which are subject to more significant
volatility and price declines; liquidity risk, which exists whenever
particular investments are difficult selling; and small- and mid-cap
issuers , that may be subject to more erratic price tag and market
movements as compared with large-cap issuers. The Fund is made up of anti-takeover
provisions that may delay, delay payments on or prevent a financial transaction or a
change in control that may otherwise be in the best interests from the
stockholders. Fixed income investments usually are subject to interest
rate possibility, where their value is going to decline as interest rates increase;
and credit risk, which is inability to make timely primary
and interest payments. The Money net asset value may perhaps decline over time
to the level that the Fund buys fixed income securities at a premium.
The potential health risks associated with the Fund are more fully explained in the
prospectus. These dangers may increase the Funds share price unpredictability.
There is no guarantee the Funds aim will be achieved.
An investment within a closed-end funds common stock could possibly be speculative
in that it involves a higher degree of risk, should not comprise a
complete investment system, and may result in loss of most important. Each
closed-end fund will have its unique investment strategy, hazards,
charges and expenses that ought to be considered before investing. A
prospectus, which contains this and other details about the Fund,
should be examine carefully before investing.
SIRG is really a unit of Prudential Investments LLC, and also a research unit of
Prudential Financial. SIRG provides research, analysis in addition to due diligence
on investment control firms and the vehicles and methods they
offer. Wealth Administration Solutions is a division of Prudential
Investments LLC, Newark, NJ, a Prudential Monetary company.
Prudential Fixed Income is a unit of Prudential Investment Management, your
registered investment adviser and Prudential Financial company.
Prudential Investments, Prudential, your Prudential logo, and the Rock
mark are service marks regarding Prudential Financial, Inc. and its associated
entities, registered in many states worldwide.
Control Number: 0230425-00001-00
Information Source: Business Wire
November 7th, 2012 @ 2005:32pm
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