Prudential Short Duration High Yield Fund, Inc. (ISD) Files Form 4 Insider Buying : Michael Lillard Buys 5,250 Shares

Prudential Short Duration High Yield Fund, Inc. (ISD): Michael Lillard , other of Prudential Short Duration High Yield Fund, Inc. purchased 5,250 shares on Jun 3, 2016. The Insider buying transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $15.62 per share for a total value of $82,010.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 7, 2016, James Joseph Sullivan (other) purchased 64,500 shares at $15.51 per share price.On Dec 21, 2015, Stuart S Parker (President) purchased 1,700 shares at $14.67 per share price.Also, On Dec 15, 2015, Paul Appleby (other) purchased 5,000 shares at $13.81 per share price.On Aug 18, 2015, Robert Spano (other) purchased 1,000 shares at $14.92 per share price.

Prudential Short Duration High Yield Fund Inc. is a diversified closed-end management investment fund. The Fund’s investment objective is to provide current income by investing in higher-rated below-investment-grade fixed income instruments. The Fund seeks to maintain a weighted average portfolio duration of three years or less and a weighted average maturity of five years or less. The Fund invests in a portfolio of industries such as capital goods chemicals gaming metals technology telecommunications aerospace and defense airlines automotive building materials and construction consumer electricity energy foods healthcare and pharmaceutical media and entertainment non-captive finance packaging pipelines and other paper real estate investment trusts retailers cable and satellite and transportation among others. Prudential Investments LLC is the investment manager of the Fund.

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