NPORT-EX 1 Global_High_Yield.htm for N-PORT filing
PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Long-Term Investments 136.3%
Bank Loans 6.2%
Canada 0.6%
Xplornet Communications, Inc.,
New Term B Loan, 3 Month LIBOR + 4.000% 		6.601 %(c) 09/09/21   4,031  $ 4,025,783
Germany 0.4%
Nidda Healthcare Holding AG,
Facility C GBP, 3 Month GBP LIBOR + 4.500% 		5.365(c) 08/21/24 GBP 2,300 3,002,013
Luxembourg 0.6%
Intelsat Jackson Holdings SA,
Tranche B-5 Term Loan 		6.625 01/02/24   3,695 3,702,390
United Kingdom 1.3%
EG Finco Ltd.,          
Second Lien Term Loan, 2 Month EURIBOR + 7.750%^ 8.750(c) 04/20/26 EUR 2,675 3,007,781
Term B, 3 Month GBP LIBOR + 4.750% 5.598(c) 02/06/25 GBP 4,010 5,153,230
     
Richmond UK Bidco Ltd.,
Facility B, 1 Month GBP LIBOR + 4.250% 		4.982(c) 03/03/24 GBP 224 278,016
          8,439,027
United States 3.3%
Almonde, Inc.,
Dollar Term Loan (Second Lien), 3 Month LIBOR + 7.250% 		9.851(c) 06/13/25   1,450 1,439,850
Asurion LLC,
Second Lien Replacement B-2 Term Loan, 1 Month LIBOR + 6.500% 		8.983(c) 08/04/25   1,805 1,838,439
CEC Entertainment, Inc.,
First Lien Term B Loan, 1 Month LIBOR + 3.250% 		5.733(c) 02/15/21   3,662 3,641,817
Citgo Petroleum Corp.,          
2019 Incremental Term B Loan, 3 Month LIBOR + 5.000% 7.600(c) 03/27/24   875 871,719
Term Loan —(p) 07/29/21   922 920,663
     
Diamond BV,
Initial USD Term Loan, 2 - 3 Month LIBOR + 3.000% 		5.562(c) 09/06/24   3,691 3,547,643
McAfee LLC,
Second Lien Initial Loan, 1 Month LIBOR + 8.500% 		10.979(c) 09/29/25   2,039 2,062,529
1

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Bank Loans (Continued)
United States (cont’d.)
     
Navistar, Inc.,
Tranche B Term Loan, 1 Month LIBOR + 3.500% 		5.990 %(c) 11/06/24   2,836  $ 2,831,213
Sally Holdings LLC,
Term B-2 Loan 		4.500 07/05/24   1,480 1,433,750
Tilney Ltd.,
Facility B Loan, 3 Month GBP LIBOR + 5.000% 		6.030(c) 12/17/25 GBP 3,025 3,830,372
          22,417,995
Total Bank Loans
(cost $42,091,376) 		41,587,208
Corporate Bonds 112.2%
Argentina 0.3%
Rio Energy SA/UGEN SA/UENSA SA,
Sr. Sec’d. Notes 		6.875 02/01/25   1,000 652,500
YPF SA,
Sr. Unsec’d. Notes 		8.500 03/23/21   1,500 1,465,050
          2,117,550
Bahrain 0.4%
Oil & Gas Holding Co. BSCC (The),          
Sr. Unsec’d. Notes 7.500 10/25/27   1,000 1,066,250
Sr. Unsec’d. Notes 8.375 11/07/28   780 879,684
Sr. Unsec’d. Notes, 144A 7.625 11/07/24   380 413,250
          2,359,184
Brazil 3.8%
Banco do Brasil SA,
Gtd. Notes(aa) 		3.875 10/10/22   2,000 1,990,000
Caixa Economica Federal,
Sr. Unsec’d. Notes, 144A(aa) 		3.500 11/07/22   1,000 992,760
Klabin Austria GmbH,
Gtd. Notes, 144A(aa) 		5.750 04/03/29   2,000 2,004,000
MARB BondCo PLC,
Gtd. Notes 		6.875 01/19/25   2,000 1,986,000
Petrobras Global Finance BV,          
Gtd. Notes(aa) 5.999 01/27/28   2,000 2,047,500
Gtd. Notes 6.250 03/17/24   3,500 3,764,075
Gtd. Notes(aa) 6.900 03/19/49   1,640 1,637,950
2

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
Brazil (cont’d.)
Petrobras Global Finance BV, (cont’d.)          
Gtd. Notes(aa) 7.375 % 01/17/27   2,890  $ 3,224,662
Gtd. Notes(aa) 8.750 05/23/26   6,490 7,780,212
          25,427,159
Canada 6.2%
Bombardier, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 7.500 12/01/24   4,800 4,880,160
Sr. Unsec’d. Notes, 144A(aa) 7.875 04/15/27   2,475 2,490,469
Sr. Unsec’d. Notes, 144A(aa) 8.750 12/01/21   5,825 6,443,906
     
Brookfield Residential Properties, Inc./Brookfield Residential US Corp.,
Gtd. Notes, 144A(aa) 		6.125 07/01/22   3,125 3,185,937
Entertainment One Ltd.,
Sr. Sec’d. Notes(aa) 		6.875 12/15/22 GBP 2,540 3,419,971
IAMGOLD Corp.,
Gtd. Notes, 144A(aa) 		7.000 04/15/25   975 994,500
Mattamy Group Corp.,
Sr. Unsec’d. Notes, 144A(aa) 		6.875 12/15/23   3,175 3,286,125
MEG Energy Corp.,          
Gtd. Notes, 144A(aa) 6.375 01/30/23   6,350 6,000,750
Gtd. Notes, 144A(aa) 7.000 03/31/24   400 379,376
     
Mercer International, Inc.,
Sr. Unsec’d. Notes(aa) 		7.750 12/01/22   711 737,663
New Gold, Inc.,
Gtd. Notes, 144A(aa) 		6.250 11/15/22   640 580,800
NOVA Chemicals Corp.,          
Sr. Unsec’d. Notes, 144A(aa) 5.250 08/01/23   2,630 2,649,725
Sr. Unsec’d. Notes, 144A(aa) 5.250 06/01/27   2,500 2,456,250
     
Precision Drilling Corp.,
Gtd. Notes, 144A(aa) 		7.125 01/15/26   3,475 3,492,375
Xplornet Communications, Inc.,
Gtd. Notes, 144A, Cash coupon 9.625% or PIK 10.625% 		9.625 06/01/22   650 645,407
          41,643,414
Chile 0.5%
VTR Finance BV,
Sr. Sec’d. Notes, 144A(aa) 		6.875 01/15/24   3,233 3,346,155
3

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
China 0.3%
Country Garden Holdings Co. Ltd.,
Sr. Sec’d. Notes 		8.000 % 01/27/24   1,000  $ 1,079,284
Sunac China Holdings Ltd.,
Sr. Sec’d. Notes 		7.875 02/15/22   1,000 1,022,438
          2,101,722
Colombia 0.4%
Millicom International Cellular SA,
Sr. Unsec’d. Notes 		6.000 03/15/25   2,610 2,701,350
France 1.1%
Altice France SA,
Sr. Sec’d. Notes, 144A(aa) 		8.125 02/01/27   3,400 3,553,000
Loxam SAS,          
Sr. Sec’d. Notes, 144A 2.875 04/15/26 EUR 900 1,006,916
Sr. Sub. Notes, 144A 4.500 04/15/27 EUR 1,400 1,577,149
     
Paprec Holding SA,
Sr. Sec’d. Notes 		4.000 03/31/25 EUR 1,290 1,392,607
          7,529,672
Germany 1.5%
Alpha 2 BV,
Sr. Unsec’d. Notes, 144A, Cash coupon 8.750% or PIK 9.500% 		8.750 06/01/23   3,575 3,548,188
BMBG Bond Finance SCA,
Sr. Sec’d. Notes, 144A 		3.000 06/15/21 EUR 2,000 2,263,171
IHO Verwaltungs GmbH,
Sr. Sec’d. Notes, 144A, Cash coupon 4.125% or PIK 4.875%(aa) 		4.125 09/15/21   1,075 1,080,375
Nidda BondCo GmbH,
Gtd. Notes(aa) 		5.000 09/30/25 EUR 1,500 1,651,373
Takko Luxembourg SCA,
Sr. Sec’d. Notes, EMTN 		5.375 11/15/23 EUR 1,500 1,400,598
          9,943,705
Guatemala 0.2%
Comunicaciones Celulares SA Via Comcel Trust,
Sr. Unsec’d. Notes 		6.875 02/06/24   1,000 1,035,000
4

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
India 0.6%
ABJA Investment Co. Pte Ltd.,
Gtd. Notes(aa) 		5.950 % 07/31/24   651  $ 665,048
GMR Hyderabad International Airport Ltd.,
Sr. Sec’d. Notes(aa) 		4.250 10/27/27   1,460 1,306,715
Greenko Dutch BV,
Sr. Sec’d. Notes 		5.250 07/24/24   1,000 975,000
Greenko Investment Co.,
Sr. Sec’d. Notes 		4.875 08/16/23   1,000 951,274
          3,898,037
Indonesia 0.3%
Saka Energi Indonesia PT,
Sr. Unsec’d. Notes 		4.450 05/05/24   1,660 1,638,765
Ireland 1.8%
Ardagh Packaging Finance PLC/Ardagh Holdings
USA, Inc., 		         
Gtd. Notes 6.750 05/15/24 EUR 2,140 2,531,852
Gtd. Notes, 144A 6.750 05/15/24 EUR 400 473,243
Avolon Holdings Funding Ltd.,          
Gtd. Notes, 144A 5.125 10/01/23   2,535 2,627,680
Gtd. Notes, 144A 5.500 01/15/23   750 783,652
Park Aerospace Holdings Ltd.,          
Gtd. Notes, 144A 4.500 03/15/23   840 849,173
Gtd. Notes, 144A 5.250 08/15/22   3,750 3,903,750
Gtd. Notes, 144A 5.500 02/15/24   525 553,403
          11,722,753
Israel 0.5%
Teva Pharmaceutical Finance Netherlands II BV,          
Gtd. Notes 1.625 10/15/28 EUR 1,975 1,794,869
Gtd. Notes, 144A(aa) 3.250 04/15/22 EUR 1,425 1,658,391
          3,453,260
Italy 1.8%
Gamenet Group SpA,
Sr. Sec’d. Notes, 3 Month EURIBOR + 3.750%(aa) 		3.750(c) 04/27/23 EUR 1,100 1,228,085
5

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
Italy (cont’d.)
Rossini Sarl,
Sr. Sec’d. Notes 		6.750 % 10/30/25 EUR 1,400  $ 1,693,488
Wind Tre SpA,
Sr. Sec’d. Notes, 144A(aa) 		5.000 01/20/26   9,600 8,774,400
          11,695,973
Jamaica 0.6%
Digicel Group One Ltd.,          
Sr. Sec’d. Notes 8.250 12/30/22   488 321,348
Sr. Sec’d. Notes, 144A 8.250 12/30/22   257 169,235
Digicel Group Two Ltd.,          
Sr. Unsec’d. Notes 8.250 09/30/22   462 180,180
Sr. Unsec’d. Notes, 144A 8.250 09/30/22   243 94,770
Digicel Ltd.,          
Gtd. Notes, 144A 6.750 03/01/23   3,670 2,599,094
Sr. Unsec’d. Notes 6.000 04/15/21   500 440,250
Sr. Unsec’d. Notes, 144A 6.000 04/15/21   400 352,200
          4,157,077
Luxembourg 2.5%
Altice Luxembourg SA,
Gtd. Notes, 144A 		7.750 05/15/22   635 646,906
ARD Finance SA,          
Sr. Sec’d. Notes, Cash coupon 6.625% or PIK 7.375% 6.625 09/15/23 EUR 3,600 4,094,369
Sr. Sec’d. Notes, Cash coupon 7.125% or PIK 7.875% 7.125 09/15/23   2,050 2,052,563
     
Galapagos SA,
Sr. Sec’d. Notes, 3 Month EURIBOR + 4.750% 		4.440(c) 06/15/21 EUR 3,146 2,911,057
Intelsat Jackson Holdings SA,
Gtd. Notes, 144A 		9.750 07/15/25   2,745 2,817,056
Picard Bondco SA,
Gtd. Notes 		5.500 11/30/24 EUR 1,710 1,831,782
Swissport Financing Sarl,
Gtd. Notes 		9.750 12/15/22 EUR 1,900 2,270,246
          16,623,979
Mexico 1.3%
Mexico City Airport Trust,
Sr. Sec’d. Notes(aa) 		3.875 04/30/28   1,470 1,378,934
6

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
Mexico (cont’d.)
Nemak SAB de CV,
Sr. Unsec’d. Notes(aa) 		4.750 % 01/23/25   1,370  $ 1,346,025
Petroleos Mexicanos,          
Gtd. Notes(aa) 4.875 01/24/22   1,290 1,302,203
Gtd. Notes(aa) 6.500 03/13/27   3,670 3,717,343
Gtd. Notes(aa) 6.500 06/02/41   1,080 995,231
          8,739,736
Netherlands 2.1%
GTH Finance BV,
Gtd. Notes(aa) 		7.250 04/26/23   1,250 1,354,830
InterXion Holding NV,
Gtd. Notes(aa) 		4.750 06/15/25 EUR 1,500 1,795,037
Starfruit Finco BV/Starfruit US Holdco LLC,          
Sr. Unsec’d. Notes(aa) 6.500 10/01/26 EUR 3,000 3,452,049
Sr. Unsec’d. Notes, 144A(aa) 8.000 10/01/26   2,745 2,817,194
     
UPC Holding BV,
Sr. Sec’d. Notes(aa) 		3.875 06/15/29 EUR 1,900 2,189,396
Ziggo BV,
Sr. Sec’d. Notes(aa) 		4.250 01/15/27 EUR 2,225 2,601,272
          14,209,778
Puerto Rico 0.5%
Popular, Inc.,
Sr. Unsec’d. Notes 		6.125 09/14/23   3,475 3,614,000
Russia 0.8%
Gazprom OAO Via Gaz Capital SA,          
Sr. Unsec’d. Notes 6.510 03/07/22   1,470 1,580,138
Sr. Unsec’d. Notes, EMTN 3.600 02/26/21 EUR 2,000 2,374,988
Sr. Unsec’d. Notes, EMTN 8.625 04/28/34   740 973,426
     
VTB Bank OJSC Via VTB Capital SA,
Sr. Unsec’d. Notes 		6.551 10/13/20   650 673,263
          5,601,815
Saint Lucia 0.1%
Digicel International Finance Ltd./Digicel Holdings Bermuda Ltd.,
Sr. Sec’d. Notes, 144A 		8.750 05/25/24   900 900,288
7

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
Singapore 0.3%
Mulhacen Pte Ltd.,
Sr. Sec’d. Notes, Cash coupon 6.500% or PIK 7.250%(aa) 		6.500 % 08/01/23 EUR 1,500  $ 1,703,430
South Africa 1.1%
Eskom Holdings SOC Ltd.,          
Gov’t. Gtd. Notes, MTN 6.350 08/10/28   970 1,007,651
Sr. Unsec’d. Notes 5.750 01/26/21   1,905 1,887,855
Sr. Unsec’d. Notes, EMTN 6.750 08/06/23   1,320 1,323,036
Sr. Unsec’d. Notes, MTN 8.450 08/10/28   1,240 1,340,936
     
SASOL Financing USA LLC,
Gtd. Notes(aa) 		5.875 03/27/24   1,930 2,048,067
          7,607,545
Spain 0.7%
Codere Finance 2 Luxembourg SA,
Sr. Sec’d. Notes 		6.750 11/01/21 EUR 2,930 3,143,959
Tasty Bondco 1 SA,
Sr. Sec’d. Notes, 144A 		6.250 05/15/26 EUR 1,500 1,700,755
          4,844,714
Tunisia 0.2%
Banque Centrale de Tunisie International Bond,
Sr. Unsec’d. Notes 		5.625 02/17/24 EUR 1,355 1,475,825
Turkey 0.9%
KOC Holding A/S,
Sr. Unsec’d. Notes, 144A 		6.500 03/11/25   2,000 1,927,520
Turkiye Garanti Bankasi A/S,
Sr. Unsec’d. Notes 		6.250 04/20/21   1,000 982,500
Turkiye Is Bankasi A/S,          
Sr. Unsec’d. Notes 5.000 04/30/20   1,375 1,348,686
Sr. Unsec’d. Notes, 144A, MTN 5.375 10/06/21   1,000 936,250
Sr. Unsec’d. Notes, EMTN 5.375 10/06/21   625 585,156
          5,780,112
United Kingdom 6.2%
Alpha 3 BV/Alpha US Bidco, Inc.,
Gtd. Notes, 144A(aa) 		6.250 02/01/25   2,070 2,101,050
8

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United Kingdom (cont’d.)
Aston Martin Capital Holdings Ltd.,
Sr. Sec’d. Notes 		5.750 % 04/15/22 GBP 1,100  $ 1,434,400
Bracken MidCo1 PLC,
Sr. Unsec’d. Notes, Cash coupon 8.875% or PIK 10.375%(aa) 		8.875 10/15/23 GBP 1,000 1,291,015
Co-operative Group Holdings 2011 Ltd.,
Gtd. Notes(aa) 		7.500 07/08/26 GBP 2,125 3,106,291
CPUK Finance Ltd.,          
Sec’d. Notes 4.875 02/28/47 GBP 1,100 1,441,190
Sec’d. Notes, 144A 4.250 02/28/47 GBP 2,575 3,399,621
Jerrold Finco PLC,          
Sr. Sec’d. Notes(aa) 6.125 01/15/24 GBP 1,000 1,321,668
Sr. Sec’d. Notes, 144A, MTN(aa) 6.250 09/15/21 GBP 1,850 2,454,134
Jewel UK Bondco PLC,          
Sr. Sec’d. Notes(aa) 8.500 04/15/23 GBP 1,899 2,543,850
Sr. Sec’d. Notes, 144A(aa) 8.500 04/15/23 GBP 1,922 2,575,649
     
McLaren Finance PLC,
Sr. Sec’d. Notes, 144A(aa) 		5.000 08/01/22 GBP 1,125 1,452,330
Newday Bondco PLC,          
Sr. Sec’d. Notes, 144A, 3 Month GBP LIBOR + 6.500%(aa) 7.317(c) 02/01/23 GBP 1,250 1,560,459
Sr. Sec’d. Notes, 144A(aa) 7.375 02/01/24 GBP 1,000 1,253,179
     
Pinnacle Bidco PLC,
Sr. Sec’d. Notes(aa) 		6.375 02/15/25 GBP 847 1,165,235
Stonegate Pub Co. Financing PLC,          
Sr. Sec’d. Notes(aa) 4.875 03/15/22 GBP 1,000 1,321,773
Sr. Sec’d. Notes, 144A, 3 Month GBP LIBOR + 4.375%(aa) 5.220(c) 03/15/22 GBP 925 1,205,759
Sr. Sec’d. Notes, 144A, 3 Month GBP LIBOR + 6.250%(aa) 7.095(c) 03/15/22 GBP 800 1,048,410
     
TalkTalk Telecom Group PLC,
Gtd. Notes(aa) 		5.375 01/15/22 GBP 1,500 1,980,286
TVL Finance PLC,
Sr. Sec’d. Notes, 144A, 3 Month GBP LIBOR + 4.875% 		5.745(c) 05/15/23 GBP 1,200 1,551,249
Virgin Media Finance PLC,
Gtd. Notes(aa) 		6.375 10/15/24 GBP 2,008 2,750,663
Virgin Media Secured Finance PLC,
Sr. Sec’d. Notes(aa) 		5.500 01/15/21 GBP 1,500 2,068,353
9

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United Kingdom (cont’d.)
Voyage Care BondCo PLC,          
Sr. Sec’d. Notes(aa) 5.875 % 05/01/23 GBP 300  $ 378,075
Sr. Sec’d. Notes, 144A(aa) 5.875 05/01/23 GBP 1,600 2,016,399
          41,421,038
United States 74.5%
Acadia Healthcare Co., Inc.,          
Gtd. Notes(aa) 5.125 07/01/22   600 603,000
Gtd. Notes(aa) 5.625 02/15/23   850 858,500
     
Adient Global Holdings Ltd.,
Gtd. Notes 		3.500 08/15/24 EUR 2,000 1,934,087
AK Steel Corp.,
Sr. Sec’d. Notes(aa) 		7.500 07/15/23   2,960 3,034,000
Alliance Data Systems Corp.,
Gtd. Notes, 144A, MTN(aa) 		5.875 11/01/21   522 533,093
Allison Transmission, Inc.,
Sr. Unsec’d. Notes, 144A 		5.875 06/01/29   850 875,500
Alta Mesa Holdings LP/Alta Mesa Finance Services Corp.,
Gtd. Notes(aa) 		7.875 12/15/24   6,450 2,322,000
AMC Entertainment Holdings, Inc.,
Gtd. Notes(aa) 		6.375 11/15/24 GBP 2,000 2,607,635
American Axle & Manufacturing, Inc.,          
Gtd. Notes(aa) 6.250 03/15/26   2,250 2,250,000
Gtd. Notes(aa) 6.500 04/01/27   1,400 1,410,234
AmeriGas Partners LP/AmeriGas Finance Corp.,          
Sr. Unsec’d. Notes(aa) 5.500 05/20/25   600 614,250
Sr. Unsec’d. Notes(aa) 5.625 05/20/24   400 417,000
Sr. Unsec’d. Notes(aa) 5.750 05/20/27   2,225 2,297,312
Sr. Unsec’d. Notes(aa) 5.875 08/20/26   2,100 2,186,625
     
Anixter, Inc.,
Gtd. Notes, 144A 		6.000 12/01/25   325 345,313
Antero Resources Corp.,          
Gtd. Notes 5.000 03/01/25   1,300 1,274,000
Gtd. Notes(aa) 5.625 06/01/23   1,500 1,517,325
     
Ascent Resources Utica Holdings LLC/ARU Finance Corp.,
Sr. Unsec’d. Notes, 144A(aa) 		10.000 04/01/22   5,343 5,837,227
Ashton Woods USA LLC/Ashton Woods Finance Co.,
Sr. Unsec’d. Notes, 144A 		9.875 04/01/27   1,200 1,254,000
10

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Avantor, Inc.,
Sr. Sec’d. Notes, (original cost $1,575,681; purchased 03/20/19)(aa)(f) 		4.750 % 10/01/24 EUR 1,322  $ 1,568,005
Banff Merger Sub, Inc.,
Sr. Unsec’d. Notes(aa) 		8.375 09/01/26 EUR 4,250 4,848,465
Bausch Health Cos., Inc.,          
Gtd. Notes, 144A(aa) 6.125 04/15/25   3,575 3,615,219
Sr. Sec’d. Notes, 144A(aa) 6.500 03/15/22   650 672,750
     
Beacon Roofing Supply, Inc.,
Gtd. Notes(aa) 		6.375 10/01/23   1,145 1,190,800
Beazer Homes USA, Inc.,          
Gtd. Notes(aa) 5.875 10/15/27   1,650 1,489,125
Gtd. Notes(aa) 8.750 03/15/22   6,700 7,001,500
     
Brinker International, Inc.,
Gtd. Notes, 144A(aa) 		5.000 10/01/24   800 798,000
Caesars Resort Collection LLC/CRC Finco, Inc.,
Gtd. Notes, 144A(aa) 		5.250 10/15/25   5,150 5,034,125
Calpine Corp.,          
Sr. Sec’d. Notes, 144A(aa) 5.875 01/15/24   650 663,000
Sr. Unsec’d. Notes(aa) 5.375 01/15/23   2,100 2,115,750
Sr. Unsec’d. Notes(aa) 5.500 02/01/24   2,925 2,903,062
Sr. Unsec’d. Notes(aa) 5.750 01/15/25   5,525 5,469,750
     
Carvana Co.,
Gtd. Notes, 144A(aa) 		8.875 10/01/23   4,400 4,598,000
CCM Merger, Inc.,
Sr. Unsec’d. Notes, 144A(aa) 		6.000 03/15/22   4,775 4,900,344
CCO Holdings LLC/CCO Holdings Capital Corp.,          
Sr. Unsec’d. Notes(aa) 5.125 02/15/23   400 406,500
Sr. Unsec’d. Notes, 144A(aa) 5.125 05/01/23   5,545 5,683,625
     
CEC Entertainment, Inc.,
Gtd. Notes(aa) 		8.000 02/15/22   1,675 1,683,375
CenturyLink, Inc.,          
Sr. Unsec’d. Notes(aa) 5.625 04/01/25   3,285 3,235,725
Sr. Unsec’d. Notes, Series U(aa) 7.650 03/15/42   1,375 1,210,550
Sr. Unsec’d. Notes, Series Y(aa) 7.500 04/01/24   610 654,988
Chemours Co. (The),          
Gtd. Notes(aa) 4.000 05/15/26 EUR 3,000 3,499,123
Gtd. Notes(aa) 6.625 05/15/23   3,360 3,480,792
Gtd. Notes(aa) 7.000 05/15/25   2,960 3,130,200
     
Chesapeake Energy Corp.,
Gtd. Notes(aa) 		8.000 06/15/27   2,680 2,620,444
11

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
CHS/Community Health Systems, Inc.,          
Sec’d. Notes, 144A 8.125 % 06/30/24   837  $ 619,380
Sr. Sec’d. Notes(aa) 6.250 03/31/23   1,075 1,046,781
     
Citgo Holding, Inc.,
Sr. Sec’d. Notes, 144A 		10.750 02/15/20   8,350 8,600,500
Clear Channel Worldwide Holdings, Inc.,          
Gtd. Notes, 144A(aa) 9.250 02/15/24   6,450 6,941,812
Gtd. Notes, Series A(aa) 6.500 11/15/22   765 782,947
Gtd. Notes, Series B(aa) 6.500 11/15/22   210 214,463
Cleveland-Cliffs, Inc.,          
Gtd. Notes(aa) 5.750 03/01/25   3,425 3,408,560
Sr. Unsec’d. Notes, 144A 5.875 06/01/27   4,000 3,855,000
     
Cloud Crane LLC,
Sec’d. Notes, 144A(aa) 		10.125 08/01/24   2,425 2,606,875
CNX Resources Corp.,
Gtd. Notes(aa) 		5.875 04/15/22   2,292 2,280,540
CommScope Technologies LLC,
Gtd. Notes, 144A(aa) 		6.000 06/15/25   1,375 1,396,519
CommScope, Inc.,
Gtd. Notes, 144A(aa) 		5.500 06/15/24   3,550 3,572,187
Constellium NV,
Gtd. Notes, 144A(aa) 		6.625 03/01/25   1,695 1,762,800
Cooper-Standard Automotive, Inc.,
Gtd. Notes, 144A 		5.625 11/15/26   1,220 1,122,522
Cornerstone Chemical Co.,
Sr. Sec’d. Notes, 144A(aa) 		6.750 08/15/24   2,745 2,669,512
Coty, Inc.,
Gtd. Notes, 144A(aa) 		4.000 04/15/23 EUR 4,675 5,271,669
Crown European Holdings SA,          
Gtd. Notes 2.875 02/01/26 EUR 2,000 2,344,548
Gtd. Notes(aa) 3.375 05/15/25 EUR 3,000 3,642,396
CSC Holdings LLC,          
Sr. Unsec’d. Notes, 144A(aa) 5.125 12/15/21   1,345 1,348,363
Sr. Unsec’d. Notes, 144A(aa) 5.125 12/15/21   5,975 5,989,937
     
Dana Financing Luxembourg Sarl,
Gtd. Notes, 144A 		5.750 04/15/25   1,125 1,147,500
Darling Ingredients, Inc.,
Sr. Unsec’d. Notes, 144A 		5.250 04/15/27   920 936,100
Dell International LLC/EMC Corp.,
Gtd. Notes, 144A(aa) 		7.125 06/15/24   3,180 3,364,236
Denbury Resources, Inc.,
Sec’d. Notes, 144A(aa) 		9.000 05/15/21   300 304,500
12

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Diamond BC BV,
Sr. Unsec’d. Notes 		5.625 % 08/15/25 EUR 3,000  $ 3,226,843
DISH DBS Corp.,          
Gtd. Notes(aa) 5.875 11/15/24   1,925 1,660,312
Gtd. Notes(aa) 7.750 07/01/26   7,465 6,681,175
     
Embarq Corp.,
Sr. Unsec’d. Notes(aa) 		7.995 06/01/36   1,825 1,799,906
Endeavor Energy Resources LP/EER Finance, Inc.,
Sr. Unsec’d. Notes, 144A(aa) 		5.500 01/30/26   2,325 2,423,812
Energizer Gamma Acquisition BV,
Gtd. Notes(aa) 		4.625 07/15/26 EUR 1,450 1,673,288
Ensco Rowan PLC,          
Sr. Unsec’d. Notes 4.500 10/01/24   234 189,540
Sr. Unsec’d. Notes 5.750 10/01/44   100 65,750
Sr. Unsec’d. Notes 7.750 02/01/26   2,050 1,773,250
     
Entercom Media Corp.,
Sec’d. Notes, 144A 		6.500 05/01/27   1,060 1,081,200
Everi Payments, Inc.,
Gtd. Notes, 144A(aa) 		7.500 12/15/25   1,200 1,248,000
Extraction Oil & Gas, Inc.,          
Gtd. Notes, 144A(aa) 5.625 02/01/26   2,100 1,722,000
Gtd. Notes, 144A(aa) 7.375 05/15/24   1,700 1,530,000
Ferrellgas LP/Ferrellgas Finance Corp.,          
Gtd. Notes(aa) 6.750 06/15/23   900 796,500
Sr. Unsec’d. Notes(aa) 6.500 05/01/21   475 423,938
Sr. Unsec’d. Notes(aa) 6.750 01/15/22   800 708,000
Ferrellgas Partners LP/Ferrellgas Partners Finance
Corp., 		         
Sr. Unsec’d. Notes 8.625 06/15/20   1,100 830,500
Sr. Unsec’d. Notes 8.625 06/15/20   3,975 3,001,125
Ford Motor Co.,          
Sr. Unsec’d. Notes(aa) 4.750 01/15/43   175 148,705
Sr. Unsec’d. Notes(aa) 5.291 12/08/46   3,950 3,599,783
     
Ford Motor Credit Co. LLC,
Sr. Unsec’d. Notes(aa) 		5.584 03/18/24   1,050 1,104,100
Forestar Group, Inc.,
Sr. Unsec’d. Notes, 144A 		8.000 04/15/24   1,225 1,255,625
Freeport-McMoRan, Inc.,
Gtd. Notes(aa) 		3.875 03/15/23   1,005 994,950
FXI Holdings, Inc.,
Sr. Sec’d. Notes, 144A(aa) 		7.875 11/01/24   250 235,625
13

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
General Motors Co.,
Sr. Unsec’d. Notes(aa) 		5.000 % 10/01/28   1,350  $ 1,389,356
GenOn Energy, Inc./NRG Americas, Inc.,
Sec’d. Notes, 6 Month LIBOR + 6.500% 		9.392(c) 12/01/23   1,152 1,143,162
Global Partners LP/GLP Finance Corp.,          
Gtd. Notes(aa) 6.250 07/15/22   825 831,188
Gtd. Notes(aa) 7.000 06/15/23   1,450 1,450,000
     
Golden Entertainment, Inc.,
Sr. Unsec’d. Notes, 144A 		7.625 04/15/26   850 852,125
Golden Nugget, Inc.,          
Gtd. Notes, 144A(aa) 8.750 10/01/25   1,500 1,571,250
Sr. Unsec’d. Notes, 144A(aa) 6.750 10/15/24   2,850 2,914,125
     
Gray Television, Inc.,
Gtd. Notes, 144A(aa) 		5.125 10/15/24   150 152,625
Greystar Real Estate Partners LLC,
Sr. Sec’d. Notes, 144A(aa) 		5.750 12/01/25   1,450 1,457,250
Griffon Corp.,
Gtd. Notes(aa) 		5.250 03/01/22   7,300 7,300,000
H&E Equipment Services, Inc.,
Gtd. Notes 		5.625 09/01/25   875 888,125
HCA Healthcare, Inc.,
Sr. Unsec’d. Notes(aa) 		6.250 02/15/21   2,025 2,123,719
HCA, Inc.,          
Gtd. Notes(aa) 7.500 02/15/22   4,355 4,790,500
Sr. Sec’d. Notes(aa) 4.750 05/01/23   1,300 1,358,345
Hilcorp Energy I LP/Hilcorp Finance Co.,          
Sr. Unsec’d. Notes, 144A(aa) 5.750 10/01/25   1,625 1,637,187
Sr. Unsec’d. Notes, 144A 6.250 11/01/28   1,400 1,426,250
     
Howard Hughes Corp. (The),
Sr. Unsec’d. Notes, 144A(aa) 		5.375 03/15/25   575 579,865
Hunt Cos., Inc.,
Sr. Sec’d. Notes, 144A 		6.250 02/15/26   847 796,180
Infor Software Parent LLC/Infor Software Parent, Inc.,
Sr. Unsec’d. Notes, 144A, Cash coupon 7.125% or PIK 7.875%(aa) 		7.125 05/01/21   1,555 1,558,887
Infor US, Inc.,          
Gtd. Notes(aa) 5.750 05/15/22 EUR 1,550 1,764,314
Gtd. Notes(aa) 6.500 05/15/22   4,630 4,712,460
     
Informatica LLC,
Sr. Unsec’d. Notes, 144A, (original cost $2,172,600; purchased 06/07/18)(aa)(f) 		7.125 07/15/23   2,130 2,177,925
14

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
International Game Technology PLC,
Sr. Sec’d. Notes, 144A(aa) 		6.250 % 01/15/27   1,500  $ 1,576,972
Iridium Communications, Inc.,
Sr. Unsec’d. Notes, 144A(aa) 		10.250 04/15/23   200 220,500
Jack Ohio Finance LLC/Jack Ohio Finance 1 Corp.,          
Sec’d. Notes, 144A(aa) 10.250 11/15/22   2,450 2,649,062
Sr. Sec’d. Notes, 144A(aa) 6.750 11/15/21   4,000 4,125,000
     
Jacobs Entertainment, Inc.,
Sec’d. Notes, 144A(aa) 		7.875 02/01/24   3,025 3,251,875
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc.,
Gtd. Notes, 144A 		6.500 04/15/29   3,040 3,222,400
KB Home,          
Gtd. Notes 6.875 06/15/27   1,400 1,461,250
Gtd. Notes(aa) 8.000 03/15/20   350 364,000
L Brands, Inc.,          
Gtd. Notes(aa) 5.625 10/15/23   1,575 1,624,219
Gtd. Notes 6.750 07/01/36   725 630,750
     
Lennar Corp.,
Gtd. Notes(aa) 		4.125 01/15/22   3,125 3,152,344
Level 3 Financing, Inc.,
Gtd. Notes(aa) 		5.625 02/01/23   750 757,500
Lions Gate Capital Holdings LLC,
Gtd. Notes, 144A(aa) 		6.375 02/01/24   2,925 3,060,281
M/I Homes, Inc.,
Gtd. Notes(aa) 		6.750 01/15/21   3,125 3,171,875
Mallinckrodt International Finance SA/Mallinckrodt CB LLC,
Gtd. Notes, 144A 		4.875 04/15/20   805 800,975
Mediacom Broadband LLC/Mediacom Broadband Corp.,
Sr. Unsec’d. Notes(aa) 		5.500 04/15/21   1,321 1,321,000
MEDNAX, Inc.,
Gtd. Notes, 144A(aa) 		6.250 01/15/27   2,500 2,550,000
Meritage Homes Corp.,
Gtd. Notes 		5.125 06/06/27   1,350 1,333,125
Midcontinent Communications/Midcontinent Finance Corp.,
Gtd. Notes, 144A(aa) 		6.875 08/15/23   2,591 2,701,117
Molina Healthcare, Inc.,
Gtd. Notes(aa) 		5.375 11/15/22   1,300 1,356,875
15

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
MPT Operating Partnership LP/MPT Finance Corp.,
Gtd. Notes(aa) 		5.000 % 10/15/27   1,000  $ 1,002,500
Nabors Industries, Inc.,
Gtd. Notes(aa) 		5.750 02/01/25   2,250 2,047,500
Nationstar Mortgage Holdings, Inc.,
Gtd. Notes, 144A(aa) 		8.125 07/15/23   6,025 6,070,187
Navient Corp.,
Sr. Unsec’d. Notes(aa) 		6.500 06/15/22   1,025 1,080,094
NCI Building Systems, Inc.,
Gtd. Notes, 144A(aa) 		8.000 04/15/26   1,400 1,305,500
Netflix, Inc.,
Sr. Unsec’d. Notes(aa) 		4.625 05/15/29 EUR 3,700 4,517,229
New Home Co., Inc. (The),
Gtd. Notes(aa) 		7.250 04/01/22   3,500 3,167,500
Nexstar Broadcasting, Inc.,
Gtd. Notes, 144A(aa) 		6.125 02/15/22   1,260 1,277,325
NGPL PipeCo LLC,
Sr. Unsec’d. Notes, 144A(aa) 		7.768 12/15/37   1,650 2,025,375
Nielsen Finance LLC/Nielsen Finance Co.,
Gtd. Notes, 144A(aa) 		5.000 04/15/22   1,135 1,127,486
Nine Energy Service, Inc.,
Sr. Unsec’d. Notes, 144A(aa) 		8.750 11/01/23   500 516,250
Novelis Corp.,          
Gtd. Notes, 144A(aa) 5.875 09/30/26   1,925 1,956,281
Gtd. Notes, 144A(aa) 6.250 08/15/24   2,265 2,358,431
     
NRG Energy, Inc.,
Gtd. Notes(aa) 		5.750 01/15/28   1,340 1,419,020
NVA Holdings, Inc.,
Gtd. Notes, 144A(aa) 		6.875 04/01/26   1,619 1,631,142
ORBCOMM, Inc.,
Sr. Sec’d. Notes, 144A(aa) 		8.000 04/01/24   2,820 2,911,650
Outfront Media Capital LLC/Outfront Media Capital Corp.,
Gtd. Notes(aa) 		5.625 02/15/24   3,860 3,976,186
Penn National Gaming, Inc.,
Sr. Unsec’d. Notes, 144A(aa) 		5.625 01/15/27   2,000 1,975,000
PetSmart, Inc.,
Gtd. Notes, 144A 		7.125 03/15/23   2,125 1,880,625
Pilgrim’s Pride Corp.,          
Gtd. Notes, 144A(aa) 5.750 03/15/25   83 84,245
16

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
Pilgrim’s Pride Corp., (cont’d.)          
Gtd. Notes, 144A(aa) 5.875 % 09/30/27   4,200   $4,336,500
     
Post Holdings, Inc.,
Gtd. Notes, 144A(aa) 		5.750 03/01/27   1,650 1,691,250
PulteGroup, Inc.,
Gtd. Notes(aa) 		5.000 01/15/27   1,200 1,215,000
Radiate Holdco LLC/Radiate Finance, Inc.,          
Sr. Unsec’d. Notes, 144A 6.625 02/15/25   1,400 1,375,500
Sr. Unsec’d. Notes, 144A(aa) 6.875 02/15/23   1,240 1,240,000
     
Rain CII Carbon LLC/CII Carbon Corp.,
Sec’d. Notes, 144A(aa) 		7.250 04/01/25   2,225 2,102,625
Range Resources Corp.,          
Gtd. Notes 4.875 05/15/25   600 552,750
Gtd. Notes(aa) 5.000 03/15/23   2,825 2,748,386
Gtd. Notes(aa) 5.875 07/01/22   575 581,469
Refinitiv US Holdings, Inc.,          
Gtd. Notes, 144A(aa) 8.250 11/15/26   6,000 6,080,580
Sr. Sec’d. Notes(aa) 4.500 05/15/26 EUR 1,500 1,695,523
Sr. Unsec’d. Notes(aa) 6.875 11/15/26 EUR 2,000 2,250,293
     
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.,
Gtd. Notes, 144A(aa) 		9.750 12/01/26   2,325 2,426,719
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC,
Sr. Sec’d. Notes(aa) 		5.750 10/15/20   2,092 2,098,580
Rite Aid Corp.,
Gtd. Notes, 144A(aa) 		6.125 04/01/23   3,825 3,251,250
RP Crown Parent LLC,
Gtd. Notes, 144A(aa) 		7.375 10/15/24   1,520 1,582,700
Sally Holdings LLC/Sally Capital, Inc.,          
Gtd. Notes(aa) 5.500 11/01/23   225 226,125
Gtd. Notes(aa) 5.625 12/01/25   575 573,563
Scientific Games International, Inc.,          
Gtd. Notes(aa) 6.250 09/01/20   225 225,563
Gtd. Notes(aa) 6.625 05/15/21   4,905 4,954,050
Gtd. Notes(aa) 10.000 12/01/22   2,318 2,439,695
Gtd. Notes, 144A(aa) 8.250 03/15/26   1,875 1,942,969
     
Scotts Miracle-Gro Co. (The),
Gtd. Notes(aa) 		6.000 10/15/23   800 832,000
Shea Homes LP/Shea Homes Funding Corp.,
Gtd. Notes, 144A(aa) 		5.875 04/01/23   300 300,000
17

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
Sinclair Television Group, Inc.,          
Gtd. Notes(aa) 5.375 % 04/01/21   640  $ 640,000
Gtd. Notes(aa) 6.125 10/01/22   2,525 2,572,344
Gtd. Notes, 144A(aa) 5.625 08/01/24   2,735 2,764,976
     
Spectrum Brands, Inc.,
Gtd. Notes(aa) 		6.625 11/15/22   850 868,955
Springleaf Finance Corp.,          
Gtd. Notes(aa) 6.875 03/15/25   392 420,420
Gtd. Notes(aa) 7.125 03/15/26   2,450 2,630,687
Sprint Capital Corp.,          
Gtd. Notes(aa) 6.875 11/15/28   3,000 2,872,500
Gtd. Notes(aa) 8.750 03/15/32   8,210 8,620,500
     
Sprint Communications, Inc.,
Sr. Unsec’d. Notes(aa) 		6.000 11/15/22   1,735 1,745,844
Sprint Corp.,
Gtd. Notes(aa) 		7.250 09/15/21   1,405 1,471,737
Standard Industries, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 4.750 01/15/28   1,350 1,294,313
Sr. Unsec’d. Notes, 144A(aa) 5.375 11/15/24   1,350 1,375,313
     
Suburban Propane Partners LP/Suburban Energy Finance Corp.,
Sr. Unsec’d. Notes(aa) 		5.750 03/01/25   1,700 1,672,375
Summit Materials LLC/Summit Materials Finance Corp.,
Gtd. Notes, 144A(aa) 		6.500 03/15/27   1,500 1,550,625
Surgery Center Holdings, Inc.,
Gtd. Notes, 144A 		10.000 04/15/27   1,450 1,489,875
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.,
Gtd. Notes, 144A(aa) 		5.500 01/15/28   3,575 3,642,031
Targa Resources Partners LP/Targa Resources Partners Finance Corp.,
Gtd. Notes 		5.375 02/01/27   1,125 1,141,875
Taylor Morrison Communities, Inc.,
Gtd. Notes(aa) 		6.625 05/15/22   2,475 2,555,437
Taylor Morrison Communities, Inc./Taylor Morrison
Holdings II, Inc., 		         
Gtd. Notes, 144A(aa) 5.625 03/01/24   2,553 2,578,530
Gtd. Notes, 144A(aa) 5.875 04/15/23   425 437,253
     
TEGNA, Inc.,
Gtd. Notes(aa) 		6.375 10/15/23   1,370 1,415,388
18

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Tempur Sealy International, Inc.,
Gtd. Notes(aa) 		5.625 % 10/15/23   985  $ 997,313
Tenet Healthcare Corp.,          
Sr. Unsec’d. Notes(aa) 6.750 06/15/23   7,575 7,726,500
Sr. Unsec’d. Notes(aa) 7.000 08/01/25   1,500 1,518,750
     
TIBCO Software, Inc.,
Sr. Unsec’d. Notes, 144A(aa) 		11.375 12/01/21   5,710 6,074,012
TPC Group, Inc.,
Sr. Sec’d. Notes, 144A(aa) 		8.750 12/15/20   2,060 2,036,825
TransDigm, Inc.,
Gtd. Notes(aa) 		6.000 07/15/22   3,325 3,370,719
Transocean, Inc.,
Gtd. Notes, 144A 		7.500 01/15/26   1,925 1,896,125
TRI Pointe Group, Inc.,
Gtd. Notes(aa) 		4.875 07/01/21   2,900 2,943,500
Tronox, Inc.,
Gtd. Notes, 144A(aa) 		6.500 04/15/26   2,625 2,647,969
U.S. Concrete, Inc.,
Gtd. Notes(aa) 		6.375 06/01/24   4,800 4,932,000
UGI International LLC,
Sr. Unsec’d. Notes(aa) 		3.250 11/01/25 EUR 2,270 2,657,548
United Rentals North America, Inc.,          
Gtd. Notes(aa) 4.875 01/15/28   4,875 4,838,437
Gtd. Notes 5.250 01/15/30   1,475 1,482,375
Gtd. Notes(aa) 6.500 12/15/26   2,300 2,461,000
     
Univision Communications, Inc.,
Sr. Sec’d. Notes, 144A(aa) 		5.125 05/15/23   4,740 4,574,100
Vector Group Ltd.,
Sr. Sec’d. Notes, 144A(aa) 		6.125 02/01/25   1,000 897,500
Venator Finance Sarl/Venator Materials LLC,
Gtd. Notes, 144A(aa) 		5.750 07/15/25   104 98,020
VFH Parent LLC/Orchestra Co-Issuer, Inc.,
Sec’d. Notes, 144A(aa) 		6.750 06/15/22   400 413,368
VICI Properties 1 LLC/VICI FC, Inc.,
Sec’d. Notes(aa) 		8.000 10/15/23   878 960,863
Vistra Operations Co. LLC,
Sr. Unsec’d. Notes, 144A(aa) 		5.625 02/15/27   1,000 1,026,250
West Corp.,
Gtd. Notes, 144A(aa) 		8.500 10/15/25   5,330 4,697,062
William Lyon Homes, Inc.,          
Gtd. Notes(aa) 5.875 01/31/25   1,600 1,552,000
Gtd. Notes(aa) 6.000 09/01/23   650 643,500
19

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
William Lyon Homes, Inc., (cont’d.)          
Gtd. Notes(aa) 7.000 % 08/15/22   1,900   $1,909,500
     
WPX Energy, Inc.,
Sr. Unsec’d. Notes(aa) 		6.000 01/15/22   275 286,000
XPO Logistics, Inc.,          
Gtd. Notes, 144A(aa) 6.125 09/01/23   250 255,313
Sr. Unsec’d. Notes, 144A(aa) 6.750 08/15/24   2,550 2,632,875
     
Zayo Group LLC/Zayo Capital, Inc.,
Gtd. Notes(aa) 		6.000 04/01/23   4,735 4,811,944
Zekelman Industries, Inc.,
Sr. Sec’d. Notes, 144A(aa) 		9.875 06/15/23   4,605 4,864,031
          498,272,843
Zambia 0.7%
First Quantum Minerals Ltd.,          
Gtd. Notes, 144A 6.875 03/01/26   1,500 1,404,375
Gtd. Notes, 144A(aa) 7.250 05/15/22   1,850 1,870,813
Gtd. Notes, 144A(aa) 7.500 04/01/25   1,645 1,589,481
          4,864,669
Total Corporate Bonds
(cost $746,061,593) 		750,430,548
Sovereign Bonds 17.5%
Angola 0.3%
Angolan Government International Bond,          
Sr. Unsec’d. Notes 9.375 05/08/48   490 525,803
Sr. Unsec’d. Notes 9.500 11/12/25   1,540 1,726,325
          2,252,128
Argentina 3.4%
Argentine Republic Government International Bond,          
Sr. Unsec’d. Notes 4.625 01/11/23   3,225 2,378,437
Sr. Unsec’d. Notes 5.625 01/26/22   10,550 8,213,280
Sr. Unsec’d. Notes 6.875 04/22/21   770 646,038
Sr. Unsec’d. Notes 7.500 04/22/26   2,970 2,227,500
Sr. Unsec’d. Notes 7.820 12/31/33 EUR 4,224 3,571,535
Sr. Unsec’d. Notes 8.280 12/31/33   1,935 1,433,715
20

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Sovereign Bonds (Continued)
Argentina (cont’d.)
Provincia de Buenos Aires,          
Sr. Unsec’d. Notes 9.125 % 03/16/24   1,910  $ 1,439,663
Sr. Unsec’d. Notes 9.950 06/09/21   3,585 3,047,250
          22,957,418
Bahrain 0.6%
Bahrain Government International Bond,          
Sr. Unsec’d. Notes 6.750 09/20/29   1,240 1,314,400
Sr. Unsec’d. Notes 7.000 01/26/26   920 990,150
Sr. Unsec’d. Notes 7.500 09/20/47   1,740 1,853,970
          4,158,520
Belarus 0.1%
Republic of Belarus International Bond,
Sr. Unsec’d. Notes 		6.875 02/28/23   490 512,050
Brazil 0.2%
Brazilian Government International Bond,
Sr. Unsec’d. Notes(aa) 		2.875 04/01/21 EUR 1,400 1,638,938
Costa Rica 0.4%
Costa Rica Government International Bond,
Sr. Unsec’d. Notes 		7.158 03/12/45   3,000 2,917,500
Dominican Republic 0.3%
Dominican Republic International Bond,
Sr. Unsec’d. Notes 		6.850 01/27/45   1,840 1,971,100
Ecuador 0.7%
Ecuador Government International Bond,          
Sr. Unsec’d. Notes 8.875 10/23/27   1,100 1,119,250
Sr. Unsec’d. Notes 10.750 03/28/22   3,270 3,658,313
          4,777,563
Egypt 1.1%
Egypt Government International Bond,          
Sr. Unsec’d. Notes 5.577 02/21/23   595 589,050
Sr. Unsec’d. Notes 8.700 03/01/49   940 968,551
Sr. Unsec’d. Notes, 144A, MTN 4.750 04/11/25 EUR 900 1,005,334
21

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Sovereign Bonds (Continued)
Egypt (cont’d.)
Egypt Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes, 144A, MTN 6.375 % 04/11/31 EUR 1,575  $ 1,739,139
Sr. Unsec’d. Notes, 144A, MTN 7.600 03/01/29   640 644,928
Sr. Unsec’d. Notes, EMTN 4.750 04/16/26 EUR 850 933,623
Sr. Unsec’d. Notes, EMTN 5.625 04/16/30 EUR 1,480 1,570,828
          7,451,453
El Salvador 0.4%
El Salvador Government International Bond,          
Sr. Unsec’d. Notes 7.750 01/24/23   1,530 1,610,325
Sr. Unsec’d. Notes 8.250 04/10/32   1,000 1,080,000
          2,690,325
Gabon 0.2%
Gabon Government International Bond,
Bonds 		6.375 12/12/24   1,020 981,832
Ghana 0.6%
Ghana Government International Bond,          
Sr. Unsec’d. Notes 7.875 08/07/23   1,550 1,627,500
Sr. Unsec’d. Notes 8.125 01/18/26   2,240 2,313,920
          3,941,420
Iraq 0.4%
Iraq International Bond,
Sr. Unsec’d. Notes 		6.752 03/09/23   2,845 2,888,415
Ivory Coast 0.5%
Ivory Coast Government International Bond,          
Sr. Unsec’d. Notes 5.125 06/15/25 EUR 1,120 1,284,004
Sr. Unsec’d. Notes 5.750 12/31/32   525 494,456
Sr. Unsec’d. Notes 6.625 03/22/48 EUR 1,480 1,562,461
          3,340,921
Kenya 0.1%
Kenya Government International Bond,
Sr. Unsec’d. Notes 		6.875 06/24/24   950 969,000
22

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Sovereign Bonds (Continued)
Lebanon 0.8%
Lebanon Government International Bond,          
Sr. Unsec’d. Notes, EMTN 6.100 % 10/04/22   2,000  $ 1,760,000
Sr. Unsec’d. Notes, EMTN 6.250 05/27/22   2,550 2,248,335
Sr. Unsec’d. Notes, GMTN 5.450 11/28/19   805 792,458
Sr. Unsec’d. Notes, GMTN 6.000 05/20/19   500 498,750
          5,299,543
Mongolia 0.4%
Mongolia Government International Bond,          
Sr. Unsec’d. Notes 5.625 05/01/23   1,135 1,118,897
Sr. Unsec’d. Notes, EMTN 8.750 03/09/24   270 298,138
Sr. Unsec’d. Notes, EMTN 10.875 04/06/21   1,085 1,193,845
          2,610,880
Nigeria 0.7%
Nigeria Government International Bond,          
Sr. Unsec’d. Notes 7.625 11/21/25   895 955,287
Sr. Unsec’d. Notes 7.696 02/23/38   1,010 995,961
Sr. Unsec’d. Notes 7.875 02/16/32   940 971,537
Sr. Unsec’d. Notes 8.747 01/21/31   1,470 1,615,589
          4,538,374
Oman 0.4%
Oman Government International Bond,          
Sr. Unsec’d. Notes 5.375 03/08/27   1,420 1,334,800
Sr. Unsec’d. Notes 6.500 03/08/47   1,120 999,600
          2,334,400
Pakistan 0.6%
Pakistan Government International Bond,
Sr. Unsec’d. Notes 		8.250 04/15/24   1,840 1,989,868
Third Pakistan International Sukuk Co. Ltd. (The),          
Sr. Unsec’d. Notes 5.500 10/13/21   775 780,968
Sr. Unsec’d. Notes 5.625 12/05/22   870 877,786
          3,648,622
23

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Sovereign Bonds (Continued)
Senegal 0.2%
Senegal Government International Bond,
Sr. Unsec’d. Notes 		4.750 % 03/13/28 EUR 890  $ 985,922
South Africa 0.3%
Republic of South Africa Government International
Bond, 		         
Sr. Unsec’d. Notes 5.875 09/16/25   1,000 1,054,014
Sr. Unsec’d. Notes 5.875 06/22/30   640 653,620
          1,707,634
Sri Lanka 0.6%
Sri Lanka Government International Bond,          
Sr. Unsec’d. Notes 5.875 07/25/22   3,300 3,263,166
Sr. Unsec’d. Notes 6.825 07/18/26   660 650,579
          3,913,745
Turkey 2.6%
Export Credit Bank of Turkey,          
Sr. Unsec’d. Notes 4.250 09/18/22   1,500 1,334,100
Sr. Unsec’d. Notes 5.000 09/23/21   1,140 1,067,872
Sr. Unsec’d. Notes 6.125 05/03/24   1,400 1,269,668
Turkey Government International Bond,          
Sr. Unsec’d. Notes 4.875 10/09/26   3,000 2,558,460
Sr. Unsec’d. Notes 5.750 05/11/47   2,010 1,575,338
Sr. Unsec’d. Notes 6.000 03/25/27   3,000 2,700,300
Sr. Unsec’d. Notes 6.000 01/14/41   1,220 989,269
Sr. Unsec’d. Notes 6.875 03/17/36   3,270 2,926,650
Sr. Unsec’d. Notes 7.250 12/23/23   1,000 997,610
Sr. Unsec’d. Notes 7.625 04/26/29   2,220 2,160,060
          17,579,327
Ukraine 1.6%
Ukraine Government International Bond,          
Sr. Unsec’d. Notes 7.750 09/01/20   4,220 4,223,038
Sr. Unsec’d. Notes 7.750 09/01/21   2,475 2,452,428
Sr. Unsec’d. Notes 7.750 09/01/22   1,310 1,285,639
Sr. Unsec’d. Notes 7.750 09/01/23   525 506,730
24

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Description Interest
Rate 		Maturity
Date 		PrincipalAmount
(000)# 		Value
Sovereign Bonds (Continued)
Ukraine (cont’d.)
Ukraine Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes 8.994 % 02/01/24   960  $ 956,755
Sr. Unsec’d. Notes 9.750 11/01/28   1,210 1,235,725
          10,660,315
Total Sovereign Bonds
(cost $120,405,921) 		116,727,345
    
      Shares  
Common Stocks 0.4%
Colombia 0.1%
Frontera Energy Corp.       44,076 389,380
United States 0.3%
GenOn Energy Holdings, Inc. (Class A Stock)*^       14,398 2,087,642
Total Common Stocks
(cost $2,424,162) 		2,477,022
 
Total Long-Term Investments
(cost $910,983,052) 		911,222,123
    
         
Short-Term Investment 0.8%  
Affiliated Mutual Fund   
PGIM Core Ultra Short Bond Fund
(cost $5,110,871)(w) 		      5,110,871 5,110,871
   
TOTAL INVESTMENTS 137.1%
(cost $916,093,923) 		  916,332,994
Liabilities in excess of other assets(z) (37.1)%   (247,747,849)
   
Net Assets 100.0%   $ 668,585,145
25

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
  144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers.
  Q—Quarterly payment frequency for swaps
  EMTN—Euro Medium Term Note
  EURIBOR—Euro Interbank Offered Rate
  GMTN—Global Medium Term Note
  LIBOR—London Interbank Offered Rate
  MTN—Medium Term Note
  OJSC—Open Joint-Stock Company
  OTC—Over-the-counter
  PIK—Payment-in-Kind
    
  EUR—Euro
  GBP—British Pound
    
* Non-income producing security.
# Principal or notional amount is shown in U.S. dollars unless otherwise stated.
^ Indicates a Level 3 security. The aggregate value of Level 3 securities is $5,095,423 and 0.8% of net assets.
(aa) Represents security, or a portion thereof, with aggregate value of $579,706,624 segregated as collateral for amount of $259,000,000 borrowed and outstanding as of April 30, 2019.
(c) Variable rate instrument. The interest rate shown reflects the rate in effect at April 30, 2019.
(f) Indicates a restricted security; the aggregate original cost of such securities is $3,748,281. The aggregate value of $3,745,930 is 0.6% of net assets.
(p) Interest rate not available as of April 30, 2019.
(w) PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Ultra Short Bond Fund.
(z) Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments:
Forward foreign currency exchange contracts outstanding at April 30, 2019:
Purchase
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts:
British Pound,
Expiring 05/03/19   Barclays Bank PLC   GBP 5,400    $ 7,056,088    $ 7,042,734    $ —    $(13,354)
Expiring 05/03/19   Barclays Bank PLC   GBP 1,917   2,500,000   2,500,036   36   —
Expiring 05/03/19   Barclays Bank PLC   GBP 495   650,000   645,436   —   (4,564)
Expiring 05/03/19   Citibank, N.A.   GBP 44,059   57,099,958   57,461,677   361,719   —
Expiring 05/03/19   Citibank, N.A.   GBP 1,148   1,500,000   1,497,053   —   (2,947)
Euro,
Expiring 05/03/19   JPMorgan Chase Bank, N.A.   EUR 104,169   115,966,623   116,866,286   899,663   —
Expiring 06/04/19   JPMorgan Chase Bank, N.A.   EUR 2,800   3,150,028   3,150,007   —   (21)
Expiring 06/04/19   UBS AG   EUR 5,000   5,595,615   5,625,012   29,397   —
              $193,518,312   $194,788,241   1,290,815   (20,886)
    
26

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Forward foreign currency exchange contracts outstanding at April 30, 2019 (continued):
Sale
Contracts 		  Counterparty   Notional
Amount
(000) 		  Value at
Settlement
Date 		  Current
Value 		  Unrealized
Appreciation 		  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts:
British Pound,
Expiring 05/03/19   Citibank, N.A.   GBP 54,064    $ 71,669,128    $ 70,511,336    $1,157,792    $ —
Expiring 05/03/19   Citibank, N.A.   GBP 342   447,880   445,969   1,911   —
Expiring 05/03/19   JPMorgan Chase Bank, N.A.   GBP 150   196,349   195,632   717   —
Expiring 06/04/19   Citibank, N.A.   GBP 44,059   57,194,595   57,562,028   —   (367,433)
Expiring 06/04/19   Citibank, N.A.   GBP 1,076   1,405,274   1,405,838   —   (564)
Euro,
Expiring 05/03/19   Barclays Bank PLC   EUR 2,514   2,832,305   2,820,131   12,174   —
Expiring 05/03/19   JPMorgan Chase Bank, N.A.   EUR 99,855   113,062,526   112,026,742   1,035,784   —
Expiring 06/04/19   Citibank, N.A.   EUR 1,905   2,141,370   2,143,684   —   (2,314)
Expiring 06/04/19   JPMorgan Chase Bank, N.A.   EUR 104,169   116,283,399   117,189,920   —   (906,521)
              $365,232,826   $364,301,280   2,208,378   (1,276,832)
                      $3,499,193   $(1,297,718)
Cross currency exchange contracts outstanding at April 30, 2019:
Settlement   Type   Notional
Amount
(000) 		  In Exchange
For (000) 		  Unrealized
Appreciation 		  Unrealized
Depreciation 		  Counterparty
OTC Cross Currency Exchange Contract:
05/03/19   Buy   GBP 1,538   EUR 1,800   $—   $(13,410)   HSBC Bank USA, N.A.
Credit default swap agreement outstanding at April 30, 2019:
Reference
Entity/
Obligation 		Termination
Date 		  Fixed
Rate 		  Notional
Amount
(000)#(3) 		  Implied Credit
Spread at
April 30,
2019(4) 		  Value at
Trade Date 		  Value at
April 30,
2019 		  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):
iTraxx.XO.31.V1 06/20/24   5.000%(Q)   EUR 50,000   2.490%   $6,493,221   $6,944,308   $451,087
The Fund entered into credit default swaps (“CDS”) to provide a measure of protection against defaults or to take an active long or short position with respect to the likelihood of a particular issuer’s default or the reference entity’s credit soundness. CDS contracts generally trade based on a spread which represents the cost a protection buyer has to pay the protection seller. The protection buyer is said to be short the credit as the value of the contract rises the more the credit deteriorates. The value of the CDS contract increases for the protection buyer if the spread increases.
27

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
(1) If the Fund is a buyer of protection, it pays the fixed rate. When a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and make delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.
(2) If the Fund is a seller of protection, it receives the fixed rate. When a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.
(3) Notional amount represents the maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.
(4) Implied credit spreads, represented in absolute terms, utilized in determining the fair value of credit default swap agreements where the Fund is the seller of protection as of the reporting date serve as an indicator of the current status of the payment/ performance risk and represent the likelihood of risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include up-front payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood of risk of default or other credit event occurring as defined under the terms of the agreement.
Industry Classification:
The industry classification of investments and liabilities in excess of other assets shown as a percentage of net assets as of April 30, 2019 were as follows:
Sovereign Bonds 17.5 %
Oil & Gas 13.7
Telecommunications 9.9
Media 9.7
Retail 8.0
Entertainment 6.8
Home Builders 6.5
Chemicals 5.7
Healthcare-Services 4.6
Diversified Financial Services 3.9
Commercial Services 3.4
Electric 3.1
Software 3.1
Building Materials 2.9
Packaging & Containers 2.9
Aerospace & Defense 2.6
Foods 2.6
Computers 2.4
Pharmaceuticals 2.3 %
Auto Manufacturers 1.8
Banks 1.8
Iron/Steel 1.7
Auto Parts & Equipment 1.6
Internet 1.4
Mining 1.4
Metal Fabricate/Hardware 1.4
Trucking & Leasing 1.3
Lodging 1.2
Household Products/Wares 1.1
Pipelines 1.0
Real Estate 0.9
Machinery-Diversified 0.8
Gas 0.8
Cosmetics/Personal Care 0.8
Affiliated Mutual Fund 0.8
Engineering & Construction 0.8
 
28

PGIM Global High Yield Fund, Inc.
Schedule of Investments as of April 30, 2019 (unaudited) (continued)
Industry Classification (continued):
Advertising 0.6 %
Distribution/Wholesale 0.4
Transportation 0.4
Healthcare-Products 0.3
Electric Utilities 0.3
Real Estate Investment Trusts (REITs) 0.3
Holding Companies-Diversified 0.3
Insurance 0.3
Electrical Components & Equipment 0.3
Energy-Alternate Sources 0.3
Agriculture 0.2
Leisure Time 0.2
Apparel 0.2
Environmental Control 0.2
Home Furnishings 0.2
Housewares 0.1
Forest Products & Paper 0.1 %
Oil & Gas Services 0.1
Oil, Gas & Consumable Fuels 0.1
Miscellaneous Manufacturing 0.0*
  137.1
Liabilities in excess of other assets (37.1)
  100.0%
* Less than +/- 0.05%
Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
 
29