PGIM Global Short Duration High Yield Fund Inc is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC The fund is comanaged by PGIM Fixed Income It invests in fixed income markets across the globe The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moodys Investors Service Inc or BB or lower by Standard Poors Ratings Services It seeks to maintain a weighted average maturity of five years or less PGIM Global Short Duration High Yield Fund Inc was formed on December 26 2012 and is domiciled in the United States