0001752724-21-281401.txt : 20211227 0001752724-21-281401.hdr.sgml : 20211227 20211227122819 ACCESSION NUMBER: 0001752724-21-281401 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211029 FILED AS OF DATE: 20211227 PERIOD START: 20220731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PGIM Global High Yield Fund, Inc. CENTRAL INDEX KEY: 0001554697 IRS NUMBER: 223468527 FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-22724 FILM NUMBER: 211519601 BUSINESS ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 17TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 973-802-5032 MAIL ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 17TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: PGIM Global Short Duration High Yield Fund, Inc. DATE OF NAME CHANGE: 20180626 FORMER COMPANY: FORMER CONFORMED NAME: Prudential Global Short Duration High Yield Fund, Inc. 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LLC FOR8UP27PHTHYVLBNG30 -46156747.00000000 GBP 63468481.16000000 USD 2021-12-02 297411.63000000 N N N CCO HLDGS LLC/CAP CORP N/A CCO Holdings LLC / CCO Holdings Capital Corp 1248EPCL5 750000.00000000 PA USD 748286.19000000 0.111248785088 Long DBT CORP US N 2 2033-06-01 Fixed 4.50000000 N N N N N N MASONITE INTERNATIONAL C 549300H0H07ZFT4JYM32 Masonite International Corp 575385AD1 455000.00000000 PA USD 478239.87000000 0.071100609939 Long DBT CORP CA N 2 2028-02-01 Fixed 5.37500000 N N N N N N EQM MIDSTREAM PARTNERS L 549300NELT611CL6XM83 EQM Midstream Partners LP 26885BAH3 480000.00000000 PA USD 534120.47000000 0.079408459186 Long DBT CORP US N 2 2027-07-01 Fixed 6.50000000 N N N N N N EMBRAER NETHERLANDS FINA 724500PBR8LR26XBSP67 Embraer Netherlands Finance BV 29082HAC6 2055000.00000000 PA USD 2286102.48000000 0.339878146738 Long DBT CORP NL N 2 2028-01-17 Fixed 6.95000000 N N N N N N MONG DUONG FIN HLDGS BV 549300995KGQFMWSV879 Mong Duong Finance Holdings BV 60935DAA3 1530000.00000000 PA USD 1521887.31000000 0.226261177262 Long DBT CORP NL N 2 2029-05-07 Fixed 5.12500000 N N N N N N DOMINICAN REPUBLIC 254900EHU7Q8FGVPI369 Dominican Republic International Bond 000000000 2300000.00000000 PA USD 2747688.42000000 0.408502792929 Long DBT NUSS DO N 2 2044-04-30 Fixed 7.45000000 N N N N N N EQM MIDSTREAM PARTNERS L 549300NELT611CL6XM83 EQM Midstream Partners LP 26885BAF7 390000.00000000 PA USD 424796.44000000 0.063155098264 Long DBT CORP US N 2 2025-07-01 Fixed 6.00000000 N N N N N N REPUBLIC OF SENEGAL 549300NP14ZLQGWIUZ97 Senegal Government International Bond 000000000 570000.00000000 PA 632719.94000000 0.094067384333 Long DBT NUSS SN N 2 2037-06-08 Fixed 5.37500000 N N N N N N TAYLOR MORRISON COMM 549300O1Z08HI2MRK572 Taylor Morrison Communities Inc 87724RAJ1 1675000.00000000 PA USD 1783674.57000000 0.265181466071 Long DBT CORP US N 2 2030-08-01 Fixed 5.12500000 N N N N N N CHESAPEAKE ENERGY CORP X2MT1W32SPAZ9WSKLE78 Chesapeake Energy Corp 165167DF1 450000.00000000 PA USD 470982.08000000 0.070021583851 Long DBT CORP US N 2 2026-02-01 Fixed 5.50000000 N N N N N N CHENIERE ENERGY PARTNERS 5493005UEC8AZ34LDV29 Cheniere Energy Partners LP 16411QAH4 1400000.00000000 PA USD 1456814.81000000 0.216586755009 Long DBT CORP US N 2 2031-03-01 Fixed 4.00000000 N N N N N N REPUBLIC OF TURKEY 5493000PCHOG3B6S3Q85 Turkey Government International Bond 900123CT5 660000.00000000 PA USD 694742.08000000 0.103288305173 Long DBT NUSS TR N 2 2029-04-26 Fixed 7.62500000 N N N N N N EQT CORP 4NT01YGM4X7ZX86ISY52 EQT Corp 26884LAL3 350000.00000000 PA USD 389300.51000000 0.057877867252 Long DBT CORP US N 2 2029-01-15 Fixed 5.00000000 N N N N N N ARTERA SERVICES LLC 549300J2G34D0WX8Z443 Artera Services LLC 73939VAA2 225000.00000000 PA USD 242186.62000000 0.036006233443 Long DBT CORP US N 2 2025-12-04 Fixed 9.03300000 N N N N N N GLOBAL PART/GLP FINANCE N/A Global Partners LP / GLP Finance Corp 37954FAJ3 450000.00000000 PA USD 466171.69000000 0.069306416245 Long DBT CORP US N 2 2029-01-15 Fixed 6.87500000 N N N N N N CHESAPEAKE ENERGY FLLO BACKSTOP N/A CHESAPEAKE ENERGY FLLO BACKSTOP 000000000 1314.00000000 NS USD 83754.36000000 0.012451881272 Long EC CORP US N 2 N N N NEW GOLD INC 5493005G0GNCHP0H6L96 New Gold Inc 644532AA1 496000.00000000 PA USD 509645.62000000 0.075769748003 Long DBT CORP CA N 2 2025-05-15 Fixed 6.37500000 N N N N N N UKRAINE GOVERNMENT 6354001WLTJXOMEXPY07 Ukraine Government International Bond 000000000 650000.00000000 PA USD 711082.91000000 0.105717719893 Long DBT NUSS UA N 2 2024-02-01 Fixed 8.99400000 N N N N N N FORD MOTOR CREDIT CO LLC UDSQCVRUX5BONN0VY111 Ford Motor Credit Co LLC 000000000 600000.00000000 PA 866927.50000000 0.128887359439 Long DBT CORP US N 2 2025-03-06 Fixed 4.53500000 N N N N N N 2021-12-21 PGIM Global High Yield Fund, Inc. Christian J. Kelly Christian J. Kelly Treasurer and Principal Financial and Accounting Officer XXXX NPORT-EX 2 PI66270PGIMGlobalHighYieldfd.htm
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Long-Term Investments 126.0%          
Bank Loans 6.4%
Germany 0.4%
Speedster Bidco GmbH,
Second Lien Term Loan, 6 Month EURIBOR + 6.000% (Cap N/A, Floor 0.000%)
6.000 %(c) 03/31/28 EUR 2,075  $2,410,694
Luxembourg 0.1%
Intelsat Jackson Holdings SA,
DIP Term Loan, 3 Month LIBOR + 4.750%
5.750(c) 07/13/22   654 658,746
Saint Lucia 0.3%
Digicel International Finance Ltd.,
First Lien Initial Term B Loan, 1 Month LIBOR + 3.250%
3.430(c) 05/27/24   2,449 2,376,543
United Kingdom 2.7%
CD&R Firefly Bidco Ltd.,
Initial Term Loan, 3 Month GBP LIBOR + 8.356%^
8.412(c) 06/21/26 GBP 4,500 6,158,475
Constellation Automotive Group Ltd.,
Facility 1 Loan, 1 - 3 Month GBP LIBOR + 7.500% (Cap N/A, Floor 0.000%)
7.525(c) 07/16/29 GBP 3,000 4,167,235
EG America LLC,
Project Becker Additional Facility, 3 Month LIBOR + 4.250%
4.750(c) 03/31/26   411 409,439
EG Group Ltd.,
Additional Second Lien Loan Facility, 1 - 6 Month EURIBOR + 7.000% (Cap N/A, Floor 0.000%)
7.000(c) 04/30/27 EUR 2,800 3,248,938
Tilney Group Ltd.,
Facility B Loan, 3 Month GBP LIBOR + 4.500%
4.578(c) 12/22/25 GBP 3,025 4,128,222
          18,112,309
United States 2.9%
Ascent Resources Utica Holdings LLC,
Second Lien Term Loan, 3 Month LIBOR + 9.000%
10.000(c) 11/01/25   3,610 3,949,340
Citgo Petroleum Corp.,
2019 Incremental Term B Loan, 3 Month LIBOR + 6.250%
7.250(c) 03/28/24   778 778,306
1

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Bank Loans (Continued)
United States (cont’d.)
Diamond Sports Group LLC,
Term Loan, 1 Month LIBOR + 3.250%
3.340 %(c) 08/24/26   268  $139,821
Finastra USA, Inc.,
Dollar Term Loan (Second Lien), 6 Month LIBOR + 7.250%
8.250(c) 06/13/25   2,450 2,447,320
Great Outdoors Group LLC,
Term B-1 Loan, 3 Month LIBOR + 4.250%
5.000(c) 03/06/28   1,489 1,493,402
Greeneden U.S. Holdings II LLC,
B-4 Dollar Term Loan, 1 Month LIBOR + 4.000%
4.750(c) 12/01/27   572 573,377
Heritage Power LLC,
Term Loan B, 3 Month LIBOR + 6.000%
7.000(c) 07/30/26   2,561 2,249,698
Peraton Corp.,
First Lien Term B Loan, 1 Month LIBOR + 3.750%
4.500(c) 02/01/28   2,045 2,046,322
Skillsoft Finance II, Inc.,
Initial Term Loan, 3 Month LIBOR + 4.750%
5.500(c) 07/14/28   1,250 1,256,250
Stonegate Pub Co. Ltd.,
First Lien Initial Term B Loan, 3 Month GBP LIBOR + 8.500%^
8.606(c) 03/06/28 GBP 1,550 2,110,646
United Airlines, Inc.,
Class B Term Loan, 1 Month LIBOR + 3.750%
4.500(c) 04/21/28   2,640 2,673,674
          19,718,156
     
 
Total Bank Loans
(cost $42,323,470)
43,276,448
Convertible Bonds 0.6%
Jamaica 0.0%
Digicel Group Holdings Ltd.,
Sub. Notes, 144A, Cash coupon 7.000% or PIK N/A
7.000 11/15/21(oo)   41 37,117
Spain 0.6%
Cellnex Telecom SA,
Sr. Unsec’d. Notes, EMTN, Series CLNX
0.750 11/20/31 EUR 3,400 3,861,500
     
 
Total Convertible Bonds
(cost $3,862,916)
3,898,617
2

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds 98.5%
Argentina 0.1%
MercadoLibre, Inc.,
Gtd. Notes
3.125 % 01/14/31   326  $307,339
YPF SA,          
Sr. Unsec’d. Notes, 144A 8.500 03/23/25   404 366,635
Sr. Unsec’d. Notes, 144A 8.500 07/28/25   300 240,912
          914,886
Bahrain 0.1%
Oil & Gas Holding Co. BSCC (The),
Sr. Unsec’d. Notes, 144A(aa)
7.625 11/07/24   380 415,768
Belarus 0.1%
Development Bank of the Republic of Belarus JSC,
Sr. Unsec’d. Notes, 144A
6.750 05/02/24   850 801,322
Brazil 2.6%
Banco Votorantim SA,
Sr. Unsec’d. Notes, 144A, MTN(aa)
4.500 09/24/24   1,120 1,165,444
Embraer Netherlands Finance BV,
Gtd. Notes, 144A(aa)
6.950 01/17/28   2,055 2,286,103
JSM Global Sarl,
Gtd. Notes
4.750 10/20/30   1,100 1,046,651
Light Servicos de Eletricidade SA/Light Energia SA,
Gtd. Notes, 144A(aa)
4.375 06/18/26   1,500 1,466,447
MARB BondCo PLC,
Gtd. Notes, 144A(aa)
3.950 01/29/31   1,330 1,265,729
NBM US Holdings, Inc.,
Gtd. Notes, 144A(aa)
7.000 05/14/26   1,000 1,059,814
Petrobras Global Finance BV,          
Gtd. Notes(aa) 5.600 01/03/31   4,980 5,217,233
Gtd. Notes(aa) 5.999 01/27/28   1,100 1,199,683
Gtd. Notes(aa) 6.900 03/19/49   1,440 1,505,208
Gtd. Notes(aa) 7.375 01/17/27   1,240 1,454,363
          17,666,675
Burkina Faso 0.1%
IAMGOLD Corp.,
Gtd. Notes, 144A
5.750 10/15/28   700 687,657
3

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Canada 4.0%
1011778 BC ULC/New Red Finance, Inc.,
Sec’d. Notes, 144A(aa)
4.000 % 10/15/30   1,650  $1,600,660
Athabasca Oil Corp.,
Sec’d. Notes, 144A
9.750 11/01/26   2,375 2,390,198
Bombardier, Inc.,          
Sr. Unsec’d. Notes, 144A 6.000 02/15/28   1,250 1,260,840
Sr. Unsec’d. Notes, 144A(aa) 7.125 06/15/26   1,075 1,128,426
Sr. Unsec’d. Notes, 144A(aa) 7.500 12/01/24   3,925 4,085,782
Sr. Unsec’d. Notes, 144A 7.500 03/15/25   275 282,136
Sr. Unsec’d. Notes, 144A 7.875 04/15/27   2,200 2,287,932
Brookfield Residential Properties, Inc./Brookfield
Residential US LLC,
         
Gtd. Notes, 144A(aa) 4.875 02/15/30   1,275 1,278,786
Sr. Unsec’d. Notes, 144A 5.000 06/15/29   475 478,234
     
 
GFL Environmental, Inc.,
Gtd. Notes, 144A
4.375 08/15/29   700 694,300
Hudbay Minerals, Inc.,
Gtd. Notes, 144A(aa)
6.125 04/01/29   685 721,158
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.,
Sr. Sec’d. Notes, 144A
5.000 12/31/26   200 198,128
Mattamy Group Corp.,          
Sr. Unsec’d. Notes, 144A(aa) 4.625 03/01/30   825 837,344
Sr. Unsec’d. Notes, 144A(aa) 5.250 12/15/27   1,275 1,329,446
MEG Energy Corp.,          
Gtd. Notes, 144A 5.875 02/01/29   675 694,630
Gtd. Notes, 144A(aa) 7.125 02/01/27   1,027 1,079,064
New Gold, Inc.,          
Gtd. Notes, 144A(aa) 6.375 05/15/25   496 509,646
Sr. Unsec’d. Notes, 144A(aa) 7.500 07/15/27   1,010 1,090,476
     
 
Parkland Corp.,
Gtd. Notes, 144A
4.500 10/01/29   625 629,071
Precision Drilling Corp.,          
Gtd. Notes, 144A 6.875 01/15/29   250 258,990
Gtd. Notes, 144A(aa) 7.125 01/15/26   3,475 3,574,823
     
 
Superior Plus LP/Superior General Partner, Inc.,
Gtd. Notes, 144A
4.500 03/15/29   425 434,354
          26,844,424
4

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Chile 0.0%
VTR Finance NV,
Sr. Unsec’d. Notes, 144A
6.375 % 07/15/28   205  $219,143
China 0.4%
Agile Group Holdings Ltd.,
Sr. Sec’d. Notes
6.050 10/13/25   1,120 864,346
Sunac China Holdings Ltd.,          
Sr. Sec’d. Notes 6.500 01/10/25   650 465,069
Sr. Sec’d. Notes 6.500 01/26/26   770 546,952
Sr. Sec’d. Notes 7.250 06/14/22   365 304,314
Yuzhou Group Holdings Co. Ltd.,          
Sr. Sec’d. Notes 7.700 02/20/25   900 449,171
Sr. Sec’d. Notes 8.500 02/26/24   400 196,246
          2,826,098
Colombia 0.7%
AI Candelaria Spain SLU,
Sr. Sec’d. Notes, 144A
5.750 06/15/33   440 432,971
Ecopetrol SA,          
Sr. Unsec’d. Notes 4.625 11/02/31   500 495,887
Sr. Unsec’d. Notes 5.375 06/26/26   975 1,056,623
     
 
Millicom International Cellular SA,
Sr. Unsec’d. Notes, 144A
4.500 04/27/31   700 719,890
SierraCol Energy Andina LLC,
Gtd. Notes, 144A(aa)
6.000 06/15/28   1,700 1,672,166
          4,377,537
Costa Rica 0.1%
Autopistas del Sol SA,
Sr. Sec’d. Notes
7.375 12/30/30   341 353,120
Instituto Costarricense de Electricidad,
Sr. Unsec’d. Notes, 144A
6.750 10/07/31   270 271,977
          625,097
France 3.6%
Altice France SA,
Sr. Sec’d. Notes, 144A
5.125 07/15/29   700 681,650
5

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
France (cont’d.)
Casino Guichard Perrachon SA,
Sr. Unsec’d. Notes, EMTN
4.048 % 08/05/26 EUR 3,300  $3,528,690
Flamingo Lux II SCA,
Sr. Unsec’d. Notes, 144A
5.000 03/31/29 EUR 1,850 2,087,915
Iliad Holding SAS,
Sr. Sec’d. Notes, 144A
5.625 10/15/28 EUR 3,850 4,595,245
La Financiere Atalian SASU,          
Gtd. Notes(aa) 4.000 05/15/24 EUR 3,400 3,871,444
Gtd. Notes(aa) 5.125 05/15/25 EUR 1,375 1,584,146
Loxam SAS,          
Sr. Sub. Notes(aa) 5.750 07/15/27 EUR 550 654,874
Sr. Sub. Notes, 144A(aa) 4.500 04/15/27 EUR 2,400 2,750,124
     
 
Midco GB SASU,
Sr. Unsec’d. Notes, 144A, Cash coupon 7.750% or PIK 8.500%
7.750 11/01/27 EUR 1,050 1,227,637
Parts Europe SA,          
Sr. Sec’d. Notes(aa) 6.500 07/16/25 EUR 800 961,853
Sr. Sec’d. Notes, 144A(aa) 6.500 07/16/25 EUR 2,025 2,434,689
          24,378,267
Germany 2.2%
ADLER Group SA,
Sr. Unsec’d. Notes
1.875 01/14/26 EUR 3,000 3,062,178
Douglas GmbH,
Sr. Sec’d. Notes, 144A(aa)
6.000 04/08/26 EUR 1,400 1,610,921
Kirk Beauty SUN GmbH,
Sr. Unsec’d. Notes, 144A, Cash coupon 8.250% or PIK 9.000%
8.250 10/01/26 EUR 2,931 3,228,479
Nidda BondCo GmbH,
Gtd. Notes
5.000 09/30/25 EUR 2,068 2,360,726
TK Elevator Holdco GmbH,          
Sr. Unsec’d. Notes 6.625 07/15/28 EUR 1,440 1,742,633
Sr. Unsec’d. Notes, 144A(aa) 6.625 07/15/28 EUR 810 980,231
     
 
TK Elevator Midco GmbH,
Sr. Sec’d. Notes, 144A(aa)
4.375 07/15/27 EUR 1,400 1,665,684
          14,650,852
6

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Ghana 0.3%
Tullow Oil PLC,
Sr. Sec’d. Notes, 144A(aa)
10.250 % 05/15/26   2,115  $2,223,380
India 1.6%
ABJA Investment Co. Pte Ltd.,
Gtd. Notes(aa)
5.950 07/31/24   651 710,198
Clean Renewable Power Mauritius Pte Ltd.,
Sr. Sec’d. Notes, 144A
4.250 03/25/27   1,325 1,349,208
Delhi International Airport Ltd.,
Sr. Sec’d. Notes, 144A(aa)
6.450 06/04/29   905 896,656
GMR Hyderabad International Airport Ltd.,
Sr. Sec’d. Notes(aa)
4.250 10/27/27   1,460 1,411,545
Greenko Dutch BV,
Gtd. Notes, 144A(aa)
3.850 03/29/26   852 859,721
Greenko Investment Co.,
Sr. Sec’d. Notes
4.875 08/16/23   1,000 1,010,144
HDFC Bank Ltd.,
Jr. Sub. Notes, 144A(aa)
3.700(ff) 08/25/26(oo)   2,135 2,125,581
HPCL-Mittal Energy Ltd.,
Sr. Unsec’d. Notes(aa)
5.250 04/28/27   2,000 2,062,464
Periama Holdings LLC,
Gtd. Notes
5.950 04/19/26   480 519,863
          10,945,380
Israel 0.4%
Energean Israel Finance Ltd.,
Sr. Sec’d. Notes, 144A(aa)
5.375 03/30/28   1,465 1,483,374
Leviathan Bond Ltd.,
Sr. Sec’d. Notes, 144A(aa)
6.750 06/30/30   1,110 1,228,761
          2,712,135
Italy 0.3%
Shiba Bidco SpA,
Sr. Sec’d. Notes, 144A
4.500 10/31/28 EUR 1,775 2,052,158
7

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Jamaica 1.5%
Digicel Group Holdings Ltd.,
Sr. Unsec’d. Notes, 144A, Cash coupon 5.000% and PIK 3.000%
8.000 % 04/01/25   243  $235,103
Digicel International Finance Ltd./Digicel
International Holdings Ltd.,
         
Gtd. Notes, 144A 8.000 12/31/26   174 169,779
Gtd. Notes, 144A, Cash coupon 6.000% and PIK 7.000% 13.000 12/31/25   781 800,672
Sr. Sec’d. Notes, 144A 8.750 05/25/24   3,100 3,224,002
Sr. Sec’d. Notes, 144A 8.750 05/25/24   436 452,557
     
 
Digicel Ltd.,
Gtd. Notes, 144A
6.750 03/01/23   5,020 4,854,818
          9,736,931
Japan 0.2%
SoftBank Group Corp.,
Sr. Unsec’d. Notes(aa)
3.875 07/06/32 EUR 1,400 1,550,236
Kuwait 0.2%
Kuwait Projects Co. SPC Ltd.,          
Gtd. Notes 4.229 10/29/26   925 877,019
Gtd. Notes, EMTN 4.500 02/23/27   200 189,730
          1,066,749
Luxembourg 3.4%
Altice France Holding SA,          
Gtd. Notes 4.000 02/15/28 EUR 3,600 3,885,894
Sr. Sec’d. Notes 8.000 05/15/27 EUR 4,966 6,089,907
     
 
ARD Finance SA,
Sr. Sec’d. Notes, 144A, Cash coupon 5.000% or PIK 5.750%
5.000 06/30/27 EUR 5,400 6,418,170
Galapagos SA,
Sr. Sec’d. Notes
0.000(cc) 06/15/21(d) EUR 315 6,910
Intelsat Jackson Holdings SA,          
Gtd. Notes 5.500 08/01/23(d)   2,085 1,052,498
Gtd. Notes, 144A 9.750 07/15/25(d)   3,355 1,730,055
8

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Luxembourg (cont’d.)
     
 
Monitchem HoldCo SA,
Gtd. Notes, 144A
9.500 % 09/15/26 EUR 3,000  $3,678,150
          22,861,584
Macau 0.4%
MGM China Holdings Ltd.,          
Sr. Unsec’d. Notes, 144A 4.750 02/01/27   525 503,753
Sr. Unsec’d. Notes, 144A 5.250 06/18/25   325 320,874
Wynn Macau Ltd.,          
Sr. Unsec’d. Notes, 144A 5.125 12/15/29   1,000 902,116
Sr. Unsec’d. Notes, 144A 5.500 01/15/26   1,000 942,878
          2,669,621
Malaysia 0.1%
Gohl Capital Ltd.,
Gtd. Notes
4.250 01/24/27   910 945,026
Mexico 4.0%
Braskem Idesa SAPI,
Sr. Sec’d. Notes, 144A(aa)
7.450 11/15/29   450 477,667
Cemex SAB de CV,          
Gtd. Notes(aa) 5.450 11/19/29   930 1,006,913
Gtd. Notes, 144A 7.375 06/05/27   225 248,779
     
 
Electricidad Firme de Mexico Holdings SA de CV,
Sr. Sec’d. Notes, 144A
4.900 11/20/26   200 195,829
FEL Energy VI Sarl,
Sr. Sec’d. Notes, 144A
5.750 12/01/40   1,974 1,954,095
Mexico City Airport Trust,          
Sr. Sec’d. Notes(aa) 3.875 04/30/28   2,230 2,309,309
Sr. Sec’d. Notes 5.500 07/31/47   670 680,575
     
 
Nemak SAB de CV,
Sr. Unsec’d. Notes, 144A
3.625 06/28/31   730 682,670
Petroleos Mexicanos,          
Gtd. Notes(aa) 5.350 02/12/28   2,500 2,495,318
Gtd. Notes(aa) 6.490 01/23/27   3,758 3,998,935
Gtd. Notes(aa) 6.500 03/13/27   2,720 2,899,520
Gtd. Notes(aa) 6.500 06/02/41   2,100 1,898,280
Gtd. Notes, EMTN(aa) 2.750 04/21/27 EUR 1,915 2,072,021
9

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Mexico (cont’d.)
Petroleos Mexicanos, (cont’d.)          
Gtd. Notes, MTN(aa) 6.875 % 08/04/26   3,200  $3,494,631
Total Play Telecomunicaciones SA de CV,          
Gtd. Notes, 144A 6.375 09/20/28   910 897,018
Sr. Unsec’d. Notes, 144A(aa) 7.500 11/12/25   1,355 1,409,933
          26,721,493
Morocco 0.1%
OCP SA,          
Sr. Unsec’d. Notes 6.875 04/25/44   280 335,656
Sr. Unsec’d. Notes, 144A 3.750 06/23/31   200 196,418
          532,074
Netherlands 2.4%
OCI NV,          
Sr. Sec’d. Notes(aa) 3.125 11/01/24 EUR 4,400 5,156,338
Sr. Sec’d. Notes(aa) 3.625 10/15/25 EUR 900 1,073,160
     
 
Promontoria Holding 264 BV,
Sr. Sec’d. Notes(aa)
6.750 08/15/23 EUR 1,900 2,191,391
Titan Holdings II BV,
Sr. Unsec’d. Notes, 144A(aa)
5.125 07/15/29 EUR 2,275 2,601,786
United Group BV,          
Sr. Sec’d. Notes, 144A(aa) 3.125 02/15/26 EUR 850 945,753
Sr. Sec’d. Notes, 144A(aa) 3.625 02/15/28 EUR 2,900 3,218,304
     
 
VEON Holdings BV,
Sr. Unsec’d. Notes, 144A(aa)
3.375 11/25/27   1,220 1,219,196
          16,405,928
Nigeria 0.2%
IHS Netherlands Holdco BV,
Gtd. Notes, 144A(aa)
7.125 03/18/25   1,500 1,550,888
Oman 0.1%
Oztel Holdings SPC Ltd.,
Sr. Sec’d. Notes
6.625 04/24/28   500 552,794
10

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Panama 0.1%
AES Panama Generation Holdings SRL,
Sr. Sec’d. Notes, 144A
4.375 % 05/31/30   385  $395,935
Peru 0.3%
Inkia Energy Ltd.,
Sr. Unsec’d. Notes
5.875 11/09/27   1,000 1,030,411
Kallpa Generacion SA,
Gtd. Notes(aa)
4.125 08/16/27   1,000 1,041,972
          2,072,383
Puerto Rico 0.6%
Popular, Inc.,
Sr. Unsec’d. Notes
6.125 09/14/23   3,475 3,710,054
Russia 0.6%
Alfa Bank AO Via Alfa Bond Issuance PLC,          
Sub. Notes(aa) 5.950(ff) 04/15/30   1,500 1,556,855
Sub. Notes, 144A(aa) 5.950(ff) 04/15/30   985 1,022,335
     
 
Hacienda Investments Ltd. Via DME Airport DAC,
Gtd. Notes, 144A(aa)
5.350 02/08/28   1,686 1,762,592
          4,341,782
Saudi Arabia 0.3%
Arabian Centres Sukuk Ltd.,
Gtd. Notes, 144A
5.375 11/26/24   1,635 1,703,496
South Africa 1.4%
Eskom Holdings SOC Ltd.,          
Gov’t. Gtd. Notes, MTN(aa) 6.350 08/10/28   2,080 2,242,120
Sr. Unsec’d. Notes(aa) 7.125 02/11/25   1,270 1,324,882
Sr. Unsec’d. Notes, EMTN(aa) 6.750 08/06/23   1,580 1,631,767
Sr. Unsec’d. Notes, MTN(aa) 8.450 08/10/28   1,240 1,359,447
Sasol Financing USA LLC,          
Gtd. Notes(aa) 4.375 09/18/26   790 803,675
Gtd. Notes(aa) 5.875 03/27/24   1,930 2,037,056
          9,398,947
11

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Spain 1.7%
Codere Finance 2 Luxembourg SA,          
Sr. Sec’d. Notes, Cash coupon 4.500% and PIK 6.250% 10.750 % 11/01/23(d) EUR 2,357  $1,700,599
Sr. Sec’d. Notes, 144A 10.750 09/30/23(d) EUR 1,534 1,927,999
Sr. Sec’d. Notes, 144A 10.750 09/30/23(d) EUR 522 648,084
Sr. Sec’d. Notes, 144A, Cash coupon 4.500% and PIK 7.125% 11.625 11/01/23(d)   776 519,767
     
 
Grifols Escrow Issuer SA,
Sr. Unsec’d. Notes, 144A(aa)
3.875 10/15/28 EUR 2,225 2,579,150
Kaixo Bondco Telecom SA,
Sr. Unsec’d. Notes, 144A(aa)
5.125 09/30/29 EUR 3,650 4,185,001
          11,560,600
Sweden 0.3%
Verisure Midholding AB,
Gtd. Notes, 144A(aa)
5.250 02/15/29 EUR 1,425 1,669,950
Thailand 0.3%
Bangkok Bank PCL,
Jr. Sub. Notes, 144A, MTN(aa)
5.000(ff) 09/23/25(oo)   2,000 2,067,363
Turkey 0.9%
Aydem Yenilenebilir Enerji A/S,
Sr. Sec’d. Notes, 144A
7.750 02/02/27   1,140 1,083,634
Eldorado Gold Corp.,
Sr. Unsec’d. Notes, 144A(aa)
6.250 09/01/29   1,900 1,928,596
KOC Holding A/S,
Sr. Unsec’d. Notes, 144A(aa)
6.500 03/11/25   2,000 2,105,835
Turkiye Sinai Kalkinma Bankasi A/S,
Sr. Unsec’d. Notes, 144A(aa)
6.000 01/23/25   700 702,821
          5,820,886
Ukraine 0.3%
NAK Naftogaz Ukraine via Kondor Finance PLC,          
Sr. Unsec’d. Notes(aa) 7.125 07/19/24 EUR 1,035 1,197,439
Sr. Unsec’d. Notes 7.625 11/08/26   830 818,271
          2,015,710
12

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United Kingdom 9.4%
180 Medical, Inc.,
Gtd. Notes, 144A
3.875 % 10/15/29   225  $226,410
Bellis Acquisition Co. PLC,
Sr. Sec’d. Notes, 144A(aa)
3.250 02/16/26 GBP 1,700 2,228,385
Bellis Finco PLC,
Sr. Unsec’d. Notes, 144A(aa)
4.000 02/16/27 GBP 3,300 4,258,291
Bracken MidCo1 PLC,          
Sr. Unsec’d. Notes, Cash coupon 8.875% or PIK 10.375% 8.875 10/15/23 GBP 1,052 1,468,975
Sr. Unsec’d. Notes, 144A, Cash coupon 6.750% or PIK 7.500% 6.750 11/01/27 GBP 3,975 5,414,126
     
 
Co-operative Group Holdings 2011 Ltd.,
Gtd. Notes
7.500 07/08/26 GBP 3,705 5,939,966
CPUK Finance Ltd.,
Sec’d. Notes
4.875 02/28/47 GBP 2,100 2,880,736
Deuce Finco PLC,
Sr. Sec’d. Notes, 144A(aa)
5.500 06/15/27 GBP 2,300 3,130,042
eG Global Finance PLC,          
Sr. Sec’d. Notes, 144A(aa) 4.375 02/07/25 EUR 3,900 4,448,271
Sr. Sec’d. Notes, 144A(aa) 8.500 10/30/25   1,750 1,823,111
     
 
Hurricane Finance PLC,
Sr. Sec’d. Notes, 144A(aa)
8.000 10/15/25 GBP 2,200 3,206,513
INEOS Quattro Finance 1 PLC,
Sr. Unsec’d. Notes, 144A(aa)
3.750 07/15/26 EUR 2,600 3,035,656
Jerrold Finco PLC,          
Sr. Sec’d. Notes, 144A(aa) 4.875 01/15/26 GBP 2,250 3,120,517
Sr. Sec’d. Notes, 144A(aa) 5.250 01/15/27 GBP 1,325 1,851,559
Motion Bondco DAC,          
Gtd. Notes(aa) 4.500 11/15/27 EUR 865 950,745
Gtd. Notes, 144A(aa) 6.625 11/15/27   700 706,768
     
 
Motion Finco Sarl,
Sr. Sec’d. Notes, 144A
7.000 05/15/25 EUR 1,300 1,571,639
Sherwood Financing PLC,
Sr. Sec’d. Notes, 144A
6.000 11/15/26 GBP 4,150 5,672,383
Very Group Funding PLC (The),
Sr. Sec’d. Notes, 144A(aa)
6.500 08/01/26 GBP 4,275 5,824,472
13

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United Kingdom (cont’d.)
     
Virgin Media Secured Finance PLC,
Sr. Sec’d. Notes(aa)
5.000 % 04/15/27 GBP 2,250  $3,179,313
William Hill Ltd.,
Gtd. Notes, MTN(aa)
4.750 05/01/26 GBP 1,700 2,490,376
          63,428,254
United States 52.4%
ACCO Brands Corp.,
Gtd. Notes, 144A
4.250 03/15/29   400 395,446
AdaptHealth LLC,          
Gtd. Notes, 144A(aa) 4.625 08/01/29   1,000 990,412
Gtd. Notes, 144A 5.125 03/01/30   375 377,122
Gtd. Notes, 144A(aa) 6.125 08/01/28   655 694,696
     
 
Aethon United BR LP/Aethon United Finance Corp.,
Sr. Unsec’d. Notes, 144A(aa)
8.250 02/15/26   1,175 1,261,805
Alliance Data Systems Corp.,
Gtd. Notes, 144A(aa)
4.750 12/15/24   1,300 1,330,373
Allied Universal Holdco LLC/Allied Universal Finance
Corp.,
         
Sr. Sec’d. Notes, 144A(aa) 6.625 07/15/26   1,740 1,829,953
Sr. Unsec’d. Notes, 144A 6.000 06/01/29   650 640,169
Sr. Unsec’d. Notes, 144A(aa) 9.750 07/15/27   3,150 3,399,657
     
 
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl,
Sr. Sec’d. Notes, 144A(aa)
3.625 06/01/28 EUR 3,225 3,660,680
Allison Transmission, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
5.875 06/01/29   850 916,290
Alta Equipment Group, Inc.,
Sec’d. Notes, 144A
5.625 04/15/26   600 615,603
Alta Mesa Holdings LP/Alta Mesa Finance Services Corp.,
Sr. Unsec’d. Notes^(aa)
7.875 12/15/24(d)   6,450 43,860
Ambience Merger Sub, Inc.,          
Gtd. Notes, 144A 7.125 07/15/29   850 818,996
Sr. Sec’d. Notes, 144A 4.875 07/15/28   150 147,218
     
 
AMC Entertainment Holdings, Inc.,
Sec’d. Notes, 144A, Cash coupon 10.000% or PIK 12.000% or Cash coupon 5.000% and PIK 6.000%
12.000 06/15/26   662 658,230
14

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
American Airlines, Inc./AAdvantage Loyalty IP Ltd.,
Sr. Sec’d. Notes, 144A(aa)
5.750 % 04/20/29   1,850  $1,991,227
American Axle & Manufacturing, Inc.,          
Gtd. Notes(aa) 5.000 10/01/29   1,575 1,504,841
Gtd. Notes(aa) 6.250 03/15/26   2,250 2,311,933
AmeriGas Partners LP/AmeriGas Finance Corp.,          
Sr. Unsec’d. Notes(aa) 5.750 05/20/27   2,225 2,489,778
Sr. Unsec’d. Notes 5.875 08/20/26   1,750 1,954,279
     
 
Amsted Industries, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
4.625 05/15/30   675 693,403
Antero Midstream Partners LP/Antero Midstream
Finance Corp.,
         
Gtd. Notes, 144A(aa) 5.375 06/15/29   1,175 1,229,105
Gtd. Notes, 144A(aa) 5.750 01/15/28   2,750 2,877,788
Antero Resources Corp.,          
Gtd. Notes(aa) 5.000 03/01/25   1,225 1,246,968
Gtd. Notes, 144A(aa) 5.375 03/01/30   1,000 1,059,178
Gtd. Notes, 144A(aa) 7.625 02/01/29   1,425 1,578,556
Gtd. Notes, 144A 8.375 07/15/26   162 182,318
     
 
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
5.250 08/15/27   1,275 1,271,979
Artera Services LLC,
Sr. Sec’d. Notes, 144A
9.033 12/04/25   225 242,187
Ascent Resources Utica Holdings LLC/ARU Finance Corp.,
Gtd. Notes, 144A
9.000 11/01/27   393 537,422
Ashton Woods USA LLC/Ashton Woods Finance Co.,
Sr. Unsec’d. Notes, 144A
4.625 04/01/30   325 320,796
B&G Foods, Inc.,
Gtd. Notes(aa)
5.250 09/15/27   1,270 1,303,068
Banff Merger Sub, Inc.,
Sr. Unsec’d. Notes(aa)
8.375 09/01/26 EUR 5,050 6,077,347
Bausch Health Cos., Inc.,          
Gtd. Notes, 144A(aa) 5.000 01/30/28   1,200 1,111,092
Gtd. Notes, 144A(aa) 5.250 01/30/30   2,325 2,100,899
Gtd. Notes, 144A(aa) 5.250 02/15/31   1,825 1,643,139
Gtd. Notes, 144A(aa) 6.125 04/15/25   877 893,868
Gtd. Notes, 144A(aa) 6.250 02/15/29   3,540 3,429,348
Gtd. Notes, 144A(aa) 7.000 01/15/28   875 886,920
15

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Beazer Homes USA, Inc.,          
Gtd. Notes(aa) 5.875 % 10/15/27   1,650  $1,723,994
Gtd. Notes(aa) 7.250 10/15/29   1,725 1,884,846
Boeing Co. (The),          
Sr. Unsec’d. Notes(aa) 5.150 05/01/30   2,600 3,034,312
Sr. Unsec’d. Notes(aa) 5.805 05/01/50   3,725 5,105,971
Sr. Unsec’d. Notes 5.930 05/01/60   275 386,772
Boyd Gaming Corp.,          
Gtd. Notes 4.750 12/01/27   75 77,250
Gtd. Notes, 144A 4.750 06/15/31   100 102,948
Gtd. Notes, 144A 8.625 06/01/25   500 540,794
     
 
Brightstar Escrow Corp.,
Sr. Sec’d. Notes, 144A(aa)
9.750 10/15/25   790 847,165
Brinker International, Inc.,
Gtd. Notes, 144A(aa)
5.000 10/01/24   800 847,410
C&S Group Enterprises LLC,
Gtd. Notes, 144A(aa)
5.000 12/15/28   1,000 930,537
Caesars Entertainment, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 6.250 07/01/25   1,110 1,168,400
Sr. Unsec’d. Notes, 144A 4.625 10/15/29   775 779,625
Calpine Corp.,          
Sr. Unsec’d. Notes, 144A(aa) 4.625 02/01/29   900 875,068
Sr. Unsec’d. Notes, 144A(aa) 5.000 02/01/31   1,375 1,347,139
Sr. Unsec’d. Notes, 144A(aa) 5.125 03/15/28   7,175 7,157,110
     
 
Carriage Services, Inc.,
Gtd. Notes, 144A
4.250 05/15/29   475 475,780
Catalent Pharma Solutions, Inc.,
Gtd. Notes, 144A
3.125 02/15/29   400 390,429
CCM Merger, Inc.,
Sr. Unsec’d. Notes, 144A
6.375 05/01/26   325 342,134
CCO Holdings LLC/CCO Holdings Capital Corp.,          
Sr. Unsec’d. Notes(aa) 4.500 05/01/32   1,300 1,310,800
Sr. Unsec’d. Notes, 144A(aa) 4.250 02/01/31   2,550 2,537,507
Sr. Unsec’d. Notes, 144A 4.500 06/01/33   750 748,286
Sr. Unsec’d. Notes, 144A(aa) 4.750 03/01/30   4,150 4,289,562
Sr. Unsec’d. Notes, 144A 5.375 06/01/29   2,034 2,186,067
     
 
Central Garden & Pet Co.,
Gtd. Notes, 144A
4.125 04/30/31   275 276,672
Cheniere Energy Partners LP,
Gtd. Notes, 144A(aa)
4.000 03/01/31   1,400 1,456,815
16

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Cheniere Energy, Inc.,
Sr. Sec’d. Notes(aa)
4.625 % 10/15/28   3,900  $4,094,781
Chesapeake Energy Corp.,          
Gtd. Notes, 144A 5.500 02/01/26   450 470,982
Gtd. Notes, 144A 5.875 02/01/29   475 505,781
     
 
Churchill Downs, Inc.,
Gtd. Notes, 144A
5.500 04/01/27   600 621,744
Citgo Holding, Inc.,
Sr. Sec’d. Notes, 144A
9.250 08/01/24   900 919,127
CITGO Petroleum Corp.,
Sr. Sec’d. Notes, 144A(aa)
7.000 06/15/25   1,325 1,364,397
CNX Midstream Partners LP,
Gtd. Notes, 144A
4.750 04/15/30   250 250,324
CNX Resources Corp.,
Gtd. Notes, 144A(aa)
7.250 03/14/27   1,875 1,991,024
Comstock Resources, Inc.,          
Gtd. Notes, 144A 5.875 01/15/30   700 728,103
Gtd. Notes, 144A(aa) 6.750 03/01/29   1,000 1,074,731
     
 
Cooper-Standard Automotive, Inc.,
Gtd. Notes, 144A(aa)
5.625 11/15/26   1,195 958,523
Cornerstone Building Brands, Inc.,
Gtd. Notes, 144A(aa)
6.125 01/15/29   1,100 1,145,048
Cornerstone Chemical Co.,
Sr. Sec’d. Notes, 144A
6.750 08/15/24   2,745 2,469,151
CrownRock LP/CrownRock Finance, Inc.,
Sr. Unsec’d. Notes, 144A
5.000 05/01/29   275 283,470
CSC Holdings LLC,          
Gtd. Notes, 144A(aa) 4.125 12/01/30   900 861,984
Sr. Unsec’d. Notes, 144A(aa) 4.625 12/01/30   3,300 3,024,299
Dana, Inc.,          
Sr. Unsec’d. Notes 4.250 09/01/30   450 455,274
Sr. Unsec’d. Notes(aa) 5.625 06/15/28   430 455,110
DaVita, Inc.,          
Gtd. Notes, 144A(aa) 3.750 02/15/31   925 876,812
Gtd. Notes, 144A(aa) 4.625 06/01/30   2,700 2,715,431
Diamond Sports Group LLC/Diamond Sports Finance
Co.,
         
Gtd. Notes, 144A(aa) 6.625 08/15/27   4,125 1,233,703
Sr. Sec’d. Notes, 144A(aa) 5.375 08/15/26   2,150 1,214,750
17

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
DISH DBS Corp.,          
Gtd. Notes 5.125 % 06/01/29   975  $938,981
Gtd. Notes(aa) 7.375 07/01/28   440 463,018
Gtd. Notes(aa) 7.750 07/01/26   2,805 3,122,174
Diversified Healthcare Trust,          
Gtd. Notes 4.375 03/01/31   750 728,964
Gtd. Notes(aa) 9.750 06/15/25   2,100 2,281,172
     
 
Endeavor Energy Resources LP/EER Finance, Inc.,
Sr. Unsec’d. Notes, 144A
6.625 07/15/25   350 369,104
Endo Luxembourg Finance Co. I Sarl/Endo US, Inc.,
Sr. Sec’d. Notes, 144A
6.125 04/01/29   700 689,453
Energy Transfer LP,
Jr. Sub. Notes, Series G(aa)
7.125(ff) 05/15/30(oo)   1,275 1,332,683
EQM Midstream Partners LP,          
Sr. Unsec’d. Notes, 144A 6.000 07/01/25   390 424,796
Sr. Unsec’d. Notes, 144A(aa) 6.500 07/01/27   480 534,120
EQT Corp.,          
Sr. Unsec’d. Notes 5.000 01/15/29   350 389,301
Sr. Unsec’d. Notes 7.500 02/01/30   175 224,096
     
 
Five Point Operating Co. LP/Five Point Capital Corp.,
Gtd. Notes, 144A(aa)
7.875 11/15/25   1,350 1,406,697
Ford Motor Co.,          
Sr. Unsec’d. Notes(aa) 4.750 01/15/43   4,913 5,368,233
Sr. Unsec’d. Notes(aa) 5.291 12/08/46   6,275 7,206,321
Sr. Unsec’d. Notes 7.400 11/01/46   1,000 1,371,446
Sr. Unsec’d. Notes(aa) 9.000 04/22/25   3,000 3,607,836
Forestar Group, Inc.,          
Gtd. Notes, 144A 3.850 05/15/26   525 525,177
Gtd. Notes, 144A(aa) 5.000 03/01/28   800 827,311
     
 
Fortress Transportation & Infrastructure Investors LLC,
Sr. Unsec’d. Notes, 144A
5.500 05/01/28   300 300,862
Foundation Building Materials, Inc.,
Gtd. Notes, 144A
6.000 03/01/29   550 532,553
Freedom Mortgage Corp.,
Sr. Unsec’d. Notes, 144A(aa)
7.625 05/01/26   850 832,735
Gap, Inc. (The),          
Gtd. Notes, 144A 3.625 10/01/29   250 245,187
Gtd. Notes, 144A 3.875 10/01/31   475 466,007
     
 
18

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Global Partners LP/GLP Finance Corp.,
Gtd. Notes
6.875 % 01/15/29   450  $466,172
Golden Entertainment, Inc.,
Sr. Unsec’d. Notes, 144A
7.625 04/15/26   2,150 2,258,537
Golden Nugget, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
6.750 10/15/24   1,650 1,656,068
Greystar Real Estate Partners LLC,
Sr. Sec’d. Notes, 144A
5.750 12/01/25   1,400 1,424,256
Griffon Corp.,
Gtd. Notes(aa)
5.750 03/01/28   1,775 1,856,071
H&E Equipment Services, Inc.,
Gtd. Notes, 144A(aa)
3.875 12/15/28   2,150 2,141,930
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.,
Sr. Sec’d. Notes, 144A
5.750 01/20/26   675 708,750
Hecla Mining Co.,
Gtd. Notes(aa)
7.250 02/15/28   480 516,638
Hexion, Inc.,
Gtd. Notes, 144A(aa)
7.875 07/15/27   835 885,100
Hilcorp Energy I LP/Hilcorp Finance Co.,          
Sr. Unsec’d. Notes, 144A 5.750 10/01/25   1,625 1,658,313
Sr. Unsec’d. Notes, 144A 5.750 02/01/29   325 331,162
Sr. Unsec’d. Notes, 144A 6.000 02/01/31   325 333,758
Sr. Unsec’d. Notes, 144A(aa) 6.250 11/01/28   900 923,370
Hilton Domestic Operating Co., Inc.,          
Gtd. Notes, 144A(aa) 3.625 02/15/32   1,000 976,427
Gtd. Notes, 144A(aa) 4.000 05/01/31   2,168 2,178,997
Gtd. Notes, 144A 5.750 05/01/28   400 429,796
     
 
Home Point Capital, Inc.,
Gtd. Notes, 144A(aa)
5.000 02/01/26   850 763,915
Howard Hughes Corp. (The),          
Gtd. Notes, 144A(aa) 4.125 02/01/29   1,150 1,152,010
Gtd. Notes, 144A(aa) 4.375 02/01/31   800 799,981
     
 
Hunt Cos., Inc.,
Sr. Sec’d. Notes, 144A(aa)
5.250 04/15/29   1,875 1,846,934
Ingevity Corp.,
Gtd. Notes, 144A(aa)
3.875 11/01/28   475 467,247
International Game Technology PLC,          
Sr. Sec’d. Notes, 144A(aa) 5.250 01/15/29   600 631,416
Sr. Sec’d. Notes, 144A(aa) 6.250 01/15/27   1,500 1,689,582
19

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
 
Jacobs Entertainment, Inc.,
Sec’d. Notes, 144A(aa)
7.875 % 02/01/24   3,025  $3,115,760
Jazz Securities DAC,
Sr. Sec’d. Notes, 144A
4.375 01/15/29   475 488,635
JBS USA Food Co.,
Gtd. Notes, 144A(aa)
5.750 01/15/28   755 788,241
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc.,
Gtd. Notes, 144A(aa)
6.500 04/15/29   2,637 2,928,114
KB Home,          
Gtd. Notes 4.000 06/15/31   575 584,418
Gtd. Notes(aa) 4.800 11/15/29   600 647,353
Kraft Heinz Foods Co.,          
Gtd. Notes(aa) 5.500 06/01/50   2,900 3,887,254
Gtd. Notes(aa) 6.500 02/09/40   725 1,033,529
Gtd. Notes 6.875 01/26/39   300 440,195
LABL, Inc.,          
Sr. Sec’d. Notes, 144A 5.875 11/01/28   500 504,021
Sr. Unsec’d. Notes, 144A 8.250 11/01/29   500 491,415
     
 
LBM Acquisition LLC,
Gtd. Notes, 144A
6.250 01/15/29   300 291,198
LCM Investments Holdings II LLC,
Sr. Unsec’d. Notes, 144A
4.875 05/01/29   525 539,032
LD Holdings Group LLC,
Gtd. Notes, 144A
6.125 04/01/28   925 847,622
Lumen Technologies, Inc.,
Sr. Unsec’d. Notes, Series U(aa)
7.650 03/15/42   1,725 1,905,082
M/I Homes, Inc.,
Gtd. Notes(aa)
4.950 02/01/28   1,075 1,120,189
Masonite International Corp.,          
Gtd. Notes, 144A 3.500 02/15/30   450 438,593
Gtd. Notes, 144A(aa) 5.375 02/01/28   455 478,240
     
 
Maxim Crane Works Holdings Capital LLC,
Sec’d. Notes, 144A
10.125 08/01/24   1,779 1,828,792
MEDNAX, Inc.,
Gtd. Notes, 144A(aa)
6.250 01/15/27   796 835,560
Metis Merger Sub LLC,
Sr. Unsec’d. Notes, 144A(aa)
6.500 05/15/29   1,500 1,485,405
MGM Resorts International,          
Gtd. Notes 4.625 09/01/26   700 731,023
20

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
MGM Resorts International, (cont’d.)          
Gtd. Notes(aa) 4.750 % 10/15/28   1,575  $1,638,193
Gtd. Notes(aa) 6.750 05/01/25   1,475 1,555,858
     
 
Midcontinent Communications/Midcontinent Finance Corp.,
Gtd. Notes, 144A(aa)
5.375 08/15/27   700 727,762
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.,
Sr. Sec’d. Notes, 144A(aa)
4.875 05/01/29   1,125 1,135,248
Mozart Debt Merger Sub, Inc.,          
Sr. Sec’d. Notes, 144A 3.875 04/01/29   1,200 1,194,233
Sr. Unsec’d. Notes, 144A 5.250 10/01/29   1,275 1,295,893
     
 
MPH Acquisition Holdings LLC,
Sr. Sec’d. Notes, 144A
5.500 09/01/28   650 645,932
MPT Operating Partnership LP/MPT Finance Corp.,          
Gtd. Notes(aa) 2.500 03/24/26 GBP 2,750 3,793,560
Gtd. Notes(aa) 5.000 10/15/27   588 618,835
Nabors Industries Ltd.,          
Gtd. Notes, 144A 7.250 01/15/26   575 560,784
Gtd. Notes, 144A 7.500 01/15/28   1,075 1,030,308
     
 
Nabors Industries, Inc.,
Gtd. Notes(aa)
5.750 02/01/25   1,725 1,639,839
Nationstar Mortgage Holdings, Inc.,          
Gtd. Notes, 144A(aa) 5.125 12/15/30   1,525 1,536,686
Gtd. Notes, 144A(aa) 5.500 08/15/28   615 630,015
NCL Corp. Ltd.,          
Sr. Sec’d. Notes, 144A 10.250 02/01/26   1,190 1,366,419
Sr. Sec’d. Notes, 144A 12.250 05/15/24   125 147,496
NCR Corp.,          
Gtd. Notes, 144A(aa) 5.000 10/01/28   650 661,931
Gtd. Notes, 144A 5.250 10/01/30   300 309,596
     
 
NESCO Holdings II, Inc.,
Sec’d. Notes, 144A
5.500 04/15/29   525 536,678
Nielsen Finance LLC/Nielsen Finance Co.,          
Gtd. Notes, 144A(aa) 5.625 10/01/28   135 140,475
Gtd. Notes, 144A 5.875 10/01/30   225 236,083
     
 
Novelis Corp.,
Gtd. Notes, 144A(aa)
4.750 01/30/30   336 349,167
21

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
NRG Energy, Inc.,          
Gtd. Notes(aa) 5.750 % 01/15/28   1,240  $1,315,003
Gtd. Notes, 144A 3.875 02/15/32   675 661,463
Occidental Petroleum Corp.,          
Sr. Unsec’d. Notes 4.100 02/15/47   125 121,853
Sr. Unsec’d. Notes(aa) 4.400 04/15/46   850 860,288
Sr. Unsec’d. Notes(aa) 4.625 06/15/45   475 489,555
Sr. Unsec’d. Notes 5.875 09/01/25   350 388,500
Sr. Unsec’d. Notes(aa) 6.125 01/01/31   1,550 1,854,315
Sr. Unsec’d. Notes(aa) 6.625 09/01/30   700 857,771
Olympus Water US Holding Corp.,          
Sr. Sec’d. Notes, 144A 3.875 10/01/28 EUR 375 432,125
Sr. Unsec’d. Notes, 144A 5.375 10/01/29 EUR 1,550 1,738,135
OneMain Finance Corp.,          
Gtd. Notes 3.875 09/15/28   475 463,443
Gtd. Notes(aa) 6.875 03/15/25   1,567 1,752,010
Gtd. Notes(aa) 7.125 03/15/26   1,725 1,959,050
     
 
Organon & Co./Organon Foreign Debt Co-Issuer BV,
Sr. Unsec’d. Notes, 144A
5.125 04/30/31   675 696,198
Owens-Brockway Glass Container, Inc.,
Gtd. Notes, 144A(aa)
6.625 05/13/27   1,775 1,895,537
P&L Development LLC/PLD Finance Corp.,
Sr. Sec’d. Notes, 144A(aa)
7.750 11/15/25   775 796,192
Park Intermediate Holdings LLC/PK Domestic
Property LLC/PK Finance Co-Issuer,
         
Sr. Sec’d. Notes, 144A(aa) 5.875 10/01/28   950 997,427
Sr. Sec’d. Notes, 144A(aa) 7.500 06/01/25   1,955 2,076,717
     
 
Park River Holdings, Inc.,
Gtd. Notes, 144A(aa)
5.625 02/01/29   1,350 1,263,715
Patrick Industries, Inc.,
Gtd. Notes, 144A
4.750 05/01/29   150 149,238
Peninsula Pacific Entertainment LLC/Peninsula Pacific Entertainment Finance, Inc.,
Sr. Unsec’d. Notes, 144A
8.500 11/15/27   1,550 1,654,001
Penn National Gaming, Inc.,          
Sr. Unsec’d. Notes, 144A 4.125 07/01/29   375 367,683
Sr. Unsec’d. Notes, 144A 5.625 01/15/27   300 309,977
     
 
PennyMac Financial Services, Inc.,
Gtd. Notes, 144A
5.375 10/15/25   650 670,468
22

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
PG&E Corp.,          
Sr. Sec’d. Notes(aa) 5.000 % 07/01/28   590  $613,369
Sr. Sec’d. Notes(aa) 5.250 07/01/30   2,475 2,586,598
     
 
Pilgrim’s Pride Corp.,
Gtd. Notes, 144A(aa)
5.875 09/30/27   4,300 4,532,073
PM General Purchaser LLC,
Sr. Sec’d. Notes, 144A(aa)
9.500 10/01/28   1,000 1,042,804
Post Holdings, Inc.,
Gtd. Notes, 144A(aa)
5.500 12/15/29   925 983,764
Premier Entertainment Sub LLC/Premier
Entertainment Finance Corp.,
         
Gtd. Notes, 144A 5.625 09/01/29   550 560,310
Gtd. Notes, 144A 5.875 09/01/31   1,250 1,275,040
     
 
Prestige Brands, Inc.,
Gtd. Notes, 144A
3.750 04/01/31   500 483,361
Prime Healthcare Services, Inc.,
Sr. Sec’d. Notes, 144A(aa)
7.250 11/01/25   1,425 1,520,397
Radiate Holdco LLC/Radiate Finance, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 4.500 09/15/26   1,000 1,016,228
Sr. Unsec’d. Notes, 144A(aa) 6.500 09/15/28   950 950,654
     
 
Rain CII Carbon LLC/CII Carbon Corp.,
Sec’d. Notes, 144A(aa)
7.250 04/01/25   1,750 1,786,491
Range Resources Corp.,
Gtd. Notes(aa)
5.000 03/15/23   1,032 1,060,686
RHP Hotel Properties LP/RHP Finance Corp.,
Gtd. Notes, 144A
4.500 02/15/29   400 397,613
Roller Bearing Co. of America, Inc.,
Sr. Sec’d. Notes, 144A
4.375 10/15/29   625 637,292
Sally Holdings LLC/Sally Capital, Inc.,          
Gtd. Notes 5.625 12/01/25   325 332,048
Sec’d. Notes, 144A(aa) 8.750 04/30/25   876 940,649
     
 
Scientific Games International, Inc.,
Gtd. Notes, 144A
8.625 07/01/25   1,500 1,621,338
Scotts Miracle-Gro Co. (The),          
Gtd. Notes, 144A(aa) 4.000 04/01/31   1,450 1,437,164
Gtd. Notes, 144A 4.375 02/01/32   425 427,418
     
 
Southwestern Energy Co.,
Gtd. Notes(aa)
5.375 03/15/30   1,275 1,345,401
23

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
SRM Escrow Issuer LLC,
Sr. Sec’d. Notes, 144A(aa)
6.000 % 11/01/28   1,700  $1,770,922
SSL Robotics LLC,
Sr. Sec’d. Notes, 144A(aa)
9.750 12/31/23   751 811,754
Standard Industries, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 3.375 01/15/31   1,050 974,382
Sr. Unsec’d. Notes, 144A(aa) 4.375 07/15/30   1,050 1,053,701
Sr. Unsec’d. Notes, 144A(aa) 5.000 02/15/27   430 441,370
Summit Materials LLC/Summit Materials Finance
Corp.,
         
Gtd. Notes, 144A 5.250 01/15/29   270 283,883
Gtd. Notes, 144A(aa) 6.500 03/15/27   1,375 1,442,690
Sunoco LP/Sunoco Finance Corp.,          
Gtd. Notes 4.500 05/15/29   700 709,862
Gtd. Notes, 144A 4.500 04/30/30   850 857,413
     
 
SWF Escrow Issuer Corp.,
Sr. Unsec’d. Notes, 144A
6.500 10/01/29   1,475 1,411,928
Tallgrass Energy Partners LP/Tallgrass Energy
Finance Corp.,
         
Gtd. Notes, 144A(aa) 5.500 01/15/28   3,238 3,248,957
Gtd. Notes, 144A 6.000 12/31/30   150 150,081
Gtd. Notes, 144A 7.500 10/01/25   225 243,310
Targa Resources Partners LP/Targa Resources
Partners Finance Corp.,
         
Gtd. Notes 5.000 01/15/28   200 210,360
Gtd. Notes(aa) 5.375 02/01/27   1,300 1,345,559
Gtd. Notes 5.500 03/01/30   150 164,929
Taylor Morrison Communities, Inc.,          
Gtd. Notes, 144A(aa) 5.875 06/15/27   175 196,434
Gtd. Notes, 144A(aa) 6.625 07/15/27   2,475 2,611,253
Sr. Unsec’d. Notes, 144A(aa) 5.125 08/01/30   1,675 1,783,675
     
 
Tempo Acquisition LLC/Tempo Acquisition Finance Corp.,
Sr. Sec’d. Notes, 144A
5.750 06/01/25   425 444,926
Tenet Healthcare Corp.,          
Gtd. Notes, 144A 6.125 10/01/28   175 183,786
Sr. Sec’d. Notes, 144A(aa) 4.250 06/01/29   1,925 1,951,224
Sr. Sec’d. Notes, 144A 4.625 06/15/28   350 364,287
Sr. Unsec’d. Notes(aa) 6.750 06/15/23   1,225 1,316,326
Sr. Unsec’d. Notes(aa) 6.875 11/15/31   525 605,191
24

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
 
Tenneco, Inc.,
Sr. Sec’d. Notes, 144A(aa)
5.125 % 04/15/29   1,600  $1,585,553
Terrier Media Buyer, Inc.,
Gtd. Notes, 144A
8.875 12/15/27   2,295 2,431,594
TI Automotive Finance PLC,          
Sr. Unsec’d. Notes 3.750 04/15/29 EUR 1,200 1,387,891
Sr. Unsec’d. Notes, 144A(aa) 3.750 04/15/29 EUR 1,625 1,879,436
     
 
Titan International, Inc.,
Sr. Sec’d. Notes, 144A
7.000 04/30/28   500 514,249
TopBuild Corp.,          
Gtd. Notes, 144A 3.625 03/15/29   575 578,049
Gtd. Notes, 144A 4.125 02/15/32   500 503,505
TPC Group, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 10.500 08/01/24   1,475 1,336,488
Sr. Sec’d. Notes, 144A 10.875 08/01/24   363 387,800
     
 
TransDigm, Inc.,
Gtd. Notes
4.625 01/15/29   950 943,966
Transocean, Inc.,
Gtd. Notes, 144A
8.000 02/01/27   350 267,602
Tri Pointe Homes, Inc.,
Gtd. Notes(aa)
5.700 06/15/28   745 810,058
Tronox, Inc.,
Sr. Sec’d. Notes, 144A(aa)
6.500 05/01/25   850 892,769
U.S. Foods, Inc.,
Gtd. Notes, 144A
4.750 02/15/29   525 531,394
Unifrax Escrow Issuer Corp.,          
Sr. Sec’d. Notes, 144A 5.250 09/30/28   500 500,227
Sr. Unsec’d. Notes, 144A 7.500 09/30/29   275 273,407
United Airlines, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 4.375 04/15/26   500 517,712
Sr. Sec’d. Notes, 144A(aa) 4.625 04/15/29   690 711,554
United Rentals North America, Inc.,          
Gtd. Notes 3.750 01/15/32   675 673,665
Gtd. Notes(aa) 4.875 01/15/28   3,600 3,801,609
Gtd. Notes(aa) 5.250 01/15/30   1,325 1,435,048
     
 
Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC,
Sr. Sec’d. Notes, 144A(aa)
7.875 02/15/25   1,075 1,131,729
Univision Communications, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 4.500 05/01/29   475 480,314
25

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Univision Communications, Inc., (cont’d.)          
Sr. Sec’d. Notes, 144A(aa) 6.625 % 06/01/27   1,675  $1,812,769
Valvoline, Inc.,          
Gtd. Notes, 144A(aa) 4.250 02/15/30   550 558,253
Sr. Unsec’d. Notes, 144A(aa) 3.625 06/15/31   500 489,281
     
 
Vector Group Ltd.,
Sr. Sec’d. Notes, 144A(aa)
5.750 02/01/29   3,050 3,042,598
Venator Finance Sarl/Venator Materials LLC,          
Gtd. Notes, 144A(aa) 5.750 07/15/25   867 810,255
Sr. Sec’d. Notes, 144A(aa) 9.500 07/01/25   750 823,516
Venture Global Calcasieu Pass LLC,          
Sr. Sec’d. Notes, 144A 3.875 08/15/29   645 656,960
Sr. Sec’d. Notes, 144A 4.125 08/15/31   370 383,260
     
 
Viasat, Inc.,
Sr. Unsec’d. Notes, 144A
6.500 07/15/28   505 530,728
VICI Properties LP/VICI Note Co., Inc.,          
Gtd. Notes, 144A(aa) 4.250 12/01/26   1,485 1,538,970
Gtd. Notes, 144A(aa) 4.625 12/01/29   1,205 1,286,826
     
 
Viking Cruises Ltd.,
Gtd. Notes, 144A
5.875 09/15/27   400 387,895
Viking Ocean Cruises Ship VII Ltd.,
Sr. Sec’d. Notes, 144A
5.625 02/15/29   250 249,006
Vine Energy Holdings LLC,
Gtd. Notes, 144A
6.750 04/15/29   675 725,790
Vista Outdoor, Inc.,
Gtd. Notes, 144A(aa)
4.500 03/15/29   825 826,171
Vistra Corp.,
Jr. Sub. Notes, 144A
8.000(ff) 10/15/26(oo)   1,075 1,128,421
Vistra Operations Co. LLC,          
Gtd. Notes, 144A(aa) 5.000 07/31/27   1,330 1,361,792
Gtd. Notes, 144A(aa) 5.625 02/15/27   2,000 2,060,905
Sr. Unsec’d. Notes, 144A(aa) 4.375 05/01/29   1,375 1,357,567
     
 
White Cap Buyer LLC,
Sr. Unsec’d. Notes, 144A
6.875 10/15/28   525 542,775
William Carter Co. (The),
Gtd. Notes, 144A(aa)
5.500 05/15/25   525 549,348
Wynn Resorts Finance LLC/Wynn Resorts Capital
Corp.,
         
Gtd. Notes, 144A(aa) 5.125 10/01/29   610 613,354
Sr. Unsec’d. Notes, 144A 7.750 04/15/25   275 289,742
26

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
 
Zayo Group Holdings, Inc.,
Sr. Sec’d. Notes, 144A
4.000 % 03/01/27   500  $485,514
          352,688,090
Vietnam 0.2%
Mong Duong Finance Holdings BV,
Sr. Sec’d. Notes, 144A(aa)
5.125 05/07/29   1,530 1,521,887
Zambia 0.5%
First Quantum Minerals Ltd.,          
Gtd. Notes, 144A(aa) 6.875 03/01/26   788 819,788
Gtd. Notes, 144A 6.875 10/15/27   300 321,084
Gtd. Notes, 144A(aa) 7.500 04/01/25   2,245 2,322,640
          3,463,512
     
 
Total Corporate Bonds
(cost $655,366,846)
662,792,952
Sovereign Bonds 16.6%
Angola 1.1%
Angolan Government International Bond,          
Sr. Unsec’d. Notes 8.250 05/09/28   1,790 1,800,084
Sr. Unsec’d. Notes 9.375 05/08/48   490 487,134
Sr. Unsec’d. Notes 9.500 11/12/25   3,960 4,292,192
Sr. Unsec’d. Notes, EMTN 8.000 11/26/29   450 446,907
Sr. Unsec’d. Notes, EMTN 9.125 11/26/49   350 342,301
          7,368,618
Argentina 1.7%
Argentine Republic Government International Bond,          
Sr. Unsec’d. Notes 0.500(cc) 07/09/30   15,126 5,185,265
Sr. Unsec’d. Notes 1.000 07/09/29   1,237 450,043
Sr. Unsec’d. Notes 1.125(cc) 07/09/35   1,864 575,701
Sr. Unsec’d. Notes 2.000(cc) 01/09/38   7,699 2,812,116
27

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Argentina (cont’d.)
     
 
Provincia de Buenos Aires,
Sr. Unsec’d. Notes, 144A, MTN
3.900 %(cc) 09/01/37   5,304  $2,348,306
          11,371,431
Bahrain 0.3%
Bahrain Government International Bond,          
Sr. Unsec’d. Notes(aa) 6.750 09/20/29   1,240 1,338,555
Sr. Unsec’d. Notes 7.500 09/20/47   421 435,739
          1,774,294
Belarus 0.1%
Republic of Belarus International Bond,
Sr. Unsec’d. Notes
7.625 06/29/27   730 707,821
Brazil 0.2%
Brazilian Government International Bond,
Sr. Unsec’d. Notes(aa)
5.625 01/07/41   1,500 1,468,547
Cameroon 0.2%
Republic of Cameroon International Bond,          
Sr. Unsec’d. Notes 5.950 07/07/32 EUR 290 327,169
Sr. Unsec’d. Notes 9.500 11/19/25   1,080 1,194,905
          1,522,074
Colombia 1.0%
Colombia Government International Bond,          
Sr. Unsec’d. Notes(aa) 3.875 04/25/27   1,290 1,337,536
Sr. Unsec’d. Notes(aa) 4.500 03/15/29   1,550 1,638,683
Sr. Unsec’d. Notes(aa) 6.125 01/18/41   2,645 2,931,232
Sr. Unsec’d. Notes 7.375 09/18/37   780 964,124
          6,871,575
28

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Costa Rica 0.2%
Costa Rica Government International Bond,          
Sr. Unsec’d. Notes 6.125 % 02/19/31   940  $963,216
Sr. Unsec’d. Notes 7.158 03/12/45   630 636,309
          1,599,525
Dominican Republic 1.0%
Dominican Republic International Bond,          
Sr. Unsec’d. Notes 5.500 01/27/25   1,225 1,331,652
Sr. Unsec’d. Notes 6.850 01/27/45   1,840 2,052,327
Sr. Unsec’d. Notes 7.450 04/30/44   2,300 2,747,688
Sr. Unsec’d. Notes, 144A 5.875 01/30/60   855 835,069
          6,966,736
Ecuador 0.4%
Ecuador Government International Bond,          
Sr. Unsec’d. Notes, 144A 0.500(cc) 07/31/40   901 543,206
Sr. Unsec’d. Notes, 144A 1.000(cc) 07/31/35   1,829 1,208,749
Sr. Unsec’d. Notes, 144A 5.000(cc) 07/31/30   786 652,706
Sr. Unsec’d. Notes, 144A 5.583(s) 07/31/30   414 221,602
          2,626,263
Egypt 0.5%
Egypt Government International Bond,          
Sr. Unsec’d. Notes, 144A, MTN 6.375 04/11/31 EUR 1,845 2,009,537
Sr. Unsec’d. Notes, EMTN 4.750 04/16/26 EUR 435 492,803
Sr. Unsec’d. Notes, EMTN 5.625 04/16/30 EUR 860 915,863
          3,418,203
El Salvador 0.3%
El Salvador Government International Bond,          
Sr. Unsec’d. Notes 7.750 01/24/23   1,530 1,348,040
Sr. Unsec’d. Notes 8.250 04/10/32   1,000 780,294
          2,128,334
29

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Gabon 0.4%
Gabon Government International Bond,          
Bonds 6.375 % 12/12/24   1,410  $1,495,057
Sr. Unsec’d. Notes 6.625 02/06/31   340 339,117
Sr. Unsec’d. Notes, 144A 6.625 02/06/31   650 648,313
          2,482,487
Ghana 0.2%
Ghana Government International Bond,          
Sr. Unsec’d. Notes 7.875 03/26/27   930 863,188
Sr. Unsec’d. Notes 8.125 01/18/26   670 646,438
          1,509,626
Guatemala 0.2%
Guatemala Government Bond,          
Sr. Unsec’d. Notes 4.375 06/05/27   600 641,359
Sr. Unsec’d. Notes 4.900 06/01/30   450 487,676
Sr. Unsec’d. Notes 6.125 06/01/50   300 352,144
          1,481,179
Honduras 0.4%
Honduras Government International Bond,          
Sr. Unsec’d. Notes 6.250 01/19/27   1,220 1,276,680
Sr. Unsec’d. Notes 7.500 03/15/24   1,050 1,099,830
          2,376,510
Iraq 0.5%
Iraq International Bond,          
Sr. Unsec’d. Notes 5.800 01/15/28   630 613,383
Sr. Unsec’d. Notes 6.752 03/09/23   2,975 3,038,327
          3,651,710
Ivory Coast 0.9%
Ivory Coast Government International Bond,          
Sr. Unsec’d. Notes 4.875 01/30/32 EUR 270 305,289
Sr. Unsec’d. Notes 5.250 03/22/30 EUR 1,070 1,271,881
Sr. Unsec’d. Notes 5.875 10/17/31 EUR 335 401,782
30

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Ivory Coast (cont’d.)
Ivory Coast Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes 6.625 % 03/22/48 EUR 1,115  $1,286,918
Sr. Unsec’d. Notes 6.875 10/17/40 EUR 2,405 2,916,161
          6,182,031
Lebanon 0.1%
Lebanon Government International Bond,          
Sr. Unsec’d. Notes, EMTN 6.100 10/04/22(d)   2,000 304,836
Sr. Unsec’d. Notes, GMTN 6.250 05/27/22(d)   2,550 394,200
          699,036
Mongolia 0.1%
Mongolia Government International Bond,
Sr. Unsec’d. Notes, EMTN
8.750 03/09/24   270 303,303
Morocco 0.2%
Morocco Government International Bond,
Sr. Unsec’d. Notes
2.000 09/30/30 EUR 1,150 1,284,228
Mozambique 0.2%
Mozambique International Bond,
Unsec’d. Notes
5.000(cc) 09/15/31   1,855 1,583,774
Nigeria 0.8%
Nigeria Government International Bond,          
Sr. Unsec’d. Notes 7.143 02/23/30   320 322,343
Sr. Unsec’d. Notes 7.625 11/21/25   575 625,746
Sr. Unsec’d. Notes 7.875 02/16/32   2,340 2,383,441
Sr. Unsec’d. Notes 8.747 01/21/31   1,200 1,291,118
Sr. Unsec’d. Notes, EMTN 6.500 11/28/27   450 457,997
          5,080,645
Oman 0.4%
Oman Government International Bond,          
Sr. Unsec’d. Notes 6.500 03/08/47   1,120 1,111,022
31

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Oman (cont’d.)
Oman Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes 6.750 % 01/17/48   720  $731,688
Sr. Unsec’d. Notes 7.375 10/28/32   580 670,197
          2,512,907
Pakistan 0.7%
Pakistan Government International Bond,          
Sr. Unsec’d. Notes 8.250 04/15/24   1,840 1,964,767
Sr. Unsec’d. Notes 8.250 09/30/25   290 315,251
Sr. Unsec’d. Notes, 144A 8.250 04/15/24   530 565,938
Sr. Unsec’d. Notes, 144A 8.250 09/30/25   610 663,114
     
 
Third Pakistan International Sukuk Co. Ltd. (The),
Sr. Unsec’d. Notes
5.625 12/05/22   870 891,228
          4,400,298
Paraguay 0.2%
Paraguay Government International Bond,
Sr. Unsec’d. Notes
6.100 08/11/44   950 1,142,787
Senegal 0.2%
Senegal Government International Bond,          
Sr. Unsec’d. Notes 4.750 03/13/28 EUR 510 602,302
Sr. Unsec’d. Notes, 144A 5.375 06/08/37 EUR 570 632,720
          1,235,022
Sri Lanka 0.2%
Sri Lanka Government International Bond,
Sr. Unsec’d. Notes
5.875 07/25/22   1,500 1,265,733
Turkey 2.0%
Turkey Government International Bond,          
Sr. Unsec’d. Notes(aa) 4.250 04/14/26   1,750 1,638,265
Sr. Unsec’d. Notes(aa) 4.875 10/09/26   3,000 2,849,143
Sr. Unsec’d. Notes(aa) 5.600 11/14/24   2,620 2,639,500
Sr. Unsec’d. Notes(aa) 6.000 03/25/27   2,500 2,472,013
Sr. Unsec’d. Notes 6.125 10/24/28   385 377,346
Sr. Unsec’d. Notes(aa) 6.375 10/14/25   2,145 2,180,314
32

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Turkey (cont’d.)
Turkey Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes(aa) 6.875 % 03/17/36   890  $862,020
Sr. Unsec’d. Notes(aa) 7.625 04/26/29   660 694,742
          13,713,343
Ukraine 1.9%
Ukraine Government International Bond,          
Sr. Unsec’d. Notes 0.000(cc) 05/31/40   450 473,965
Sr. Unsec’d. Notes 4.375 01/27/30 EUR 305 328,335
Sr. Unsec’d. Notes 6.750 06/20/26 EUR 1,230 1,530,228
Sr. Unsec’d. Notes 7.750 09/01/22   320 331,615
Sr. Unsec’d. Notes 7.750 09/01/23   905 963,826
Sr. Unsec’d. Notes 7.750 09/01/24   590 636,176
Sr. Unsec’d. Notes 7.750 09/01/25   1,005 1,085,229
Sr. Unsec’d. Notes 7.750 09/01/26   910 980,669
Sr. Unsec’d. Notes 7.750 09/01/27   1,180 1,270,482
Sr. Unsec’d. Notes 8.994 02/01/24   650 711,083
Sr. Unsec’d. Notes 9.750 11/01/28   3,525 4,092,154
          12,403,762
Zambia 0.0%
Zambia Government International Bond,
Sr. Unsec’d. Notes
8.500 04/14/24(d)   340 270,134
     
 
Total Sovereign Bonds
(cost $122,100,614)
111,401,936
    
      Shares  
Common Stocks 3.9%
United States 
CEC Entertainment, Inc.*       34,226 610,369
Chesapeake Energy Corp.       200,825 12,800,586
Chesapeake Energy Corp. Backstop Commitment       1,314 83,754
Extraction Oil & Gas, Inc.*       92,084 6,135,557
Ferrellgas Partners LP (Class B Stock)       18,479 4,758,343
33

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Description     Shares Value
Common Stocks (Continued)
United States (cont’d.)
GenOn Energy Holdings, Inc. (Class A Stock)
(original cost $1,545,243; purchased 02/28/19)*^(f)
      14,397  $2,015,580
     
 
Total Common Stocks
(cost $9,325,063)
26,404,189
Warrants* 0.0%
Canada 0.0%
Athabasca Oil Corp. (Canada), expiring 11/01/26
(cost $0)
      2,375 145
United States 0.0%
TPC Group, Inc., expiring 08/01/24
(cost $0)^
      1,033,339 4,857
     
 
Total Warrants
(cost $0)
5,002
     
 
 
Total Long-Term Investments
(cost $832,978,909)
847,779,144
 
Short-Term Investment 2.4%
Affiliated Mutual Fund 
PGIM Core Ultra Short Bond Fund
(cost $15,839,768)(wb)
    15,839,768 15,839,768
 
TOTAL INVESTMENTS128.4%
(cost $848,818,677)
863,618,912
Liabilities in excess of other assets(z) (28.4)% (190,995,099)
 
Net Assets 100.0% $672,623,813

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
EUR—Euro
GBP—British Pound
    
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.
CDX—Credit Derivative Index
DIP—Debtor-In-Possession
EMTN—Euro Medium Term Note
34

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
EURIBOR—Euro Interbank Offered Rate
GMTN—Global Medium Term Note
LIBOR—London Interbank Offered Rate
LP—Limited Partnership
MTN—Medium Term Note
OTC—Over-the-counter
PIK—Payment-in-Kind
Q—Quarterly payment frequency for swaps
    
* Non-income producing security.
# Principal or notional amount is shown in U.S. dollars unless otherwise stated.
^ Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $10,333,418 and 1.5% of net assets.
(aa) Represents security, or a portion thereof, with aggregate value of $447,186,466 segregated as collateral for amount of $204,000,000 borrowed and outstanding as of October 31, 2021.
(c) Variable rate instrument. The interest rate shown reflects the rate in effect at October 31, 2021.
(cc) Variable rate instrument. The rate shown is based on the latest available information as of October 31, 2021. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description.
(d) Represents issuer in default on interest payments and/or principal repayment. Non-income producing security. Such securities may be post-maturity.
(f) Indicates a restricted security that is acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer and is considered restricted as to disposition under federal securities law; the aggregate original cost of such securities is $1,545,243. The aggregate value of $2,015,580 is 0.3% of net assets.
(ff) Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of period end.
(oo) Perpetual security. Maturity date represents next call date.
(s) Represents zero coupon bond or principal only security. Rate represents yield to maturity at purchase date.
(wb) 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:
Unfunded loan commitment outstanding at October 31, 2021:
Borrower   Principal
Amount
(000)#
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
Intelsat Jackson Holdings SA, DIP Term Loan, 3 Month LIBOR + 3.600%, 3.600%(c), Maturity Date 07/13/22 (cost $129,432)    131   $131,749   $2,317   $—
Forward foreign currency exchange contracts outstanding at October 31, 2021:
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 11/02/21   Goldman Sachs International   GBP 46,157    $63,470,143    $63,168,106    $—    $(302,037)
35

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Forward foreign currency exchange contracts outstanding at October 31, 2021 (continued):
Purchase
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Euro,
Expiring 11/02/21   JPMorgan Chase Bank, N.A.   EUR 125,900    $146,170,267    $145,551,684    $—    $(618,583)
Expiring 12/02/21   HSBC Bank PLC   EUR 2,690   3,121,153   3,111,800     (9,353)
Expiring 12/02/21   Morgan Stanley & Co. International PLC   EUR 1,280   1,482,556   1,481,098     (1,458)
              $214,244,119   $213,312,688     (931,431)
    
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 11/02/21   Barclays Bank PLC   GBP 43,068    $58,854,952    $58,941,057    $   $(86,105)
Expiring 11/02/21   UBS AG   GBP 3,089   4,162,053   4,227,049     (64,996)
Expiring 12/02/21   Bank of America, N.A.   GBP 2,778   3,831,791   3,801,702   30,089  
Expiring 12/02/21   Goldman Sachs International   GBP 46,157   63,468,481   63,171,069   297,412  
Euro,
Expiring 11/02/21   Bank of America, N.A.   EUR 605   700,917   699,955   962  
Expiring 11/02/21   Barclays Bank PLC   EUR 1,465   1,705,103   1,694,078   11,025  
Expiring 11/02/21   JPMorgan Chase Bank, N.A.   EUR 119,512   139,850,182   138,166,582   1,683,600  
Expiring 11/02/21   JPMorgan Chase Bank, N.A.   EUR 1,226   1,423,689   1,417,773   5,916  
Expiring 11/02/21   Morgan Stanley & Co. International PLC   EUR 2,102   2,439,439   2,430,424   9,015  
Expiring 11/02/21   Morgan Stanley & Co. International PLC   EUR 703   815,866   812,390   3,476  
Expiring 11/02/21   UBS AG   EUR 286   330,979   330,483   496  
Expiring 12/02/21   Citibank, N.A.   EUR 1,980   2,299,336   2,290,217   9,119  
Expiring 12/02/21   JPMorgan Chase Bank, N.A.   EUR 125,900   146,254,495   145,641,484   613,011  
              $426,137,283   $423,624,263   2,664,121   (151,101)
                      $2,664,121   $(1,082,532)
36

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
Credit default swap agreement outstanding at October 31, 2021:
Reference
Entity/
Obligation
  Termination
Date
  Fixed
Rate
  Notional
Amount
(000)#(3)
  Implied
Credit
Spread at
October 31,
2021(4)
  Fair
Value
  Upfront
Premiums
Paid
(Received)
  Unrealized
Appreciation
(Depreciation)
  Counterparty
OTC Credit Default Swap Agreement on corporate and/or sovereign issues - Sell Protection(2):
EQT Corp.   06/20/22   5.000%(Q)     550   1.068%    $17,183    $12,638    $4,545   Credit Suisse International
    
Reference
Entity/
Obligation
Termination
Date
  Fixed
Rate
  Notional
Amount
(000)#(3)
  Value at
Trade Date
  Value at
October 31,
2021
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swap Agreement on credit indices - Buy Protection(1):
CDX.NA.HY.37.V1 12/20/26   5.000%(Q)     35,145   $(3,346,622)   $(3,345,984)   $638
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.
(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
37

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2021
  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.
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).
38