Hilton Capital Management buys $998,550 stake in Prudential Short Duration High Yield FD (ISD)

Prudential Short Duration High Yield FD (ISD) : Hilton Capital Management scooped up 13,000 additional shares in Prudential Short Duration High Yield FD during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 63,000 shares of Prudential Short Duration High Yield FD which is valued at $998,550.Prudential Short Duration High Yield FD makes up approximately 0.33% of Hilton Capital Management’s portfolio.

Other Hedge Funds, Including , Prospera Financial Services Inc added ISD to its portfolio by purchasing 25,277 company shares during the most recent quarter which is valued at $400,640. Prudential Short Duration High Yield FD makes up approx 0.08% of Prospera Financial Services Inc’s portfolio.Msi Financial Services Inc boosted its stake in ISD in the latest quarter, The investment management firm added 449 additional shares and now holds a total of 7,027 shares of Prudential Short Duration High Yield FD which is valued at $111,378. Seabridge Investment Advisors added ISD to its portfolio by purchasing 640 company shares during the most recent quarter which is valued at $10,195.Capital Investment Advisors boosted its stake in ISD in the latest quarter, The investment management firm added 38,988 additional shares and now holds a total of 263,772 shares of Prudential Short Duration High Yield FD which is valued at $4,201,888. Prudential Short Duration High Yield FD makes up approx 0.38% of Capital Investment Advisors’s portfolio.

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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