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PGIM Short Duration High Yield Opportunities Fund (SDHY)

Taxable Bond Funds - High Yield Bond Funds

Data as of Oct. 2, 2024
Current
Market Price $16.65 (+ $0.07)
NAV (Oct. 2, 2024) $17.93 (- $0.01)
Fund Listed NYSE
Premium / Discount -7.14% (+0.44%)
Fund Info
Inception Nov. 25, 2020
Sponsor Prudential Investment Management
Website https://www.pgim.com/i...
Phone
NAV Symbol XSDHX
Location New Jersey
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board No
Term Date Nov. 29, 2029
Objective: Total return, through a combination of current income and capital appreciation. By investing primarily in a diversified portfolio of high yield fixed income instruments that are rated below investment grade
Related Indexes
High Yield Bond Index
60/40 Balanced (w/ BDCs) Index
Capital & Leverage
Outstanding Shares 24,679,728
Total Assets (Reported: Jan. 31, 2024) $561M
Estimated Total Assets $567M
Net Assets $443M
Market Cap $411M
Portfolio Turnover 18.00%
Total Leverage 22.02%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.25%
Non Lev Exp Ratio 1.38%
Rel Lev Cost 6.51%
Discount Data
Average Discount (3 Yr) -11.08%
Discount Low(3 Yr) -15.05%
Discount High(3 Yr) -3.83%
Discount Rel Range (3 Yr) 70.54%
Comp Discount -5.84
Discount St Dev (1Yr) 1.64
Z-Stat
Z-Stat (6mo) 2.58
Z-Stat (1Yr) 3.10
Z-Stat (3Yr) 1.62
Comp Z-Stat (6mo) 1.20
Comp Z-Stat (3Yr) 0.32
Distribution Data
Market Yield 7.78%
Income Yield 4.36%
Lev Adj NAV Yield 5.92%
Distribution Frequency M
Current Distribution $0.108
Current Income $0.060
Ex-Date 10/10/24
Payable Date 10/31/24
Div Growth (3yr) 0.00%
Dividend Change % on
Expected Div 11/29/24
RoC (1yr) 24.83%
RoC (3yr) 18.80%
Volume & Liquidity
Average Daily $ (K) $1,198
Avg Volume 30 day 76,576
Avg Volume 90 day 71,962
Volume Trend 6.41%
Comp Volume Trend -5.33%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
51.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
80.0%
Price Correlation (1yr)
vs. CEFA's High Yield Bond Index
77.0%
Most Correlated Peer (Mk Pr): FTHY 82.0%
NAV - Price Correlation (30 d) 90.6%
NAV - Price Correlation (90 d) 97.6%
NAV - Price Correlation (1 Yr) 93.7%
Price St Dev (1Yr) 7.7%
NAV St Dev (1Yr) 4.1%
Earnings
Earnings / Share (8/31/24) $0.076
Earn Coverage 70.09%
Earnings Trend Down
UNII / Share (8/31/24) $-0.172
Rel UNII -23.66
UNII Trend Up
Bond Specific Data
Maturity 2.70
Duration 2.40
Credit Rating (rbo) BB
Investment Grade 23.20%
Non Investment Grade 74.30%
Unrated Bonds 2.60%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.43
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.51
NAV Beta (2yr)
vs. CEFA's High Yield Bond Index
0.68

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies 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 (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) 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 and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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