Company overview
Understand the business
PGIM Short Duration High Yield Opportunities Fund (SDHY) is a U.S.-domiciled closed-end investment fund. It invests in high-yield credit with an emphasis on shorter duration. Its income comes primarily from borrower interest payments, while default risk and credit spreads remain important even when interest-rate sensitivity is limited.
Primary earnings measures
Reported fund net investment income per common share, with its exact reporting period, is the core income measure shown here. Realized gains, unrealized changes and distributions are separate measures.
How the company supports its distribution
Bond interest, less expenses and financing costs, is the central recurring income source. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.