NPORT-EX 2 PI66270PRU043023.htm
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Long-Term Investments 122.6%          
Asset-Backed Securities 4.4%
Cayman Islands 
Atlas Static Senior Loan Fund Ltd.,
Series 2022-01A, Class A, 144A, 3 Month SOFR + 2.600% (Cap N/A, Floor 2.600%) 		7.586 %(c) 07/15/30   4,810  $4,819,973
Carlyle Global Market Strategies CLO Ltd.,
Series 2014-01A, Class A1R2, 144A, 3 Month LIBOR + 0.970% (Cap N/A, Floor 0.970%) 		6.230(c) 04/17/31   1,994 1,969,049
Madison Park Funding Ltd.,
Series 2015-18A, Class ARR, 144A, 3 Month LIBOR + 0.940% (Cap N/A, Floor 0.940%) 		6.201(c) 10/21/30   4,461 4,407,778
Neuberger Berman CLO Ltd.,
Series 2014-17A, Class AR2, 144A, 3 Month LIBOR + 1.030% (Cap N/A, Floor 1.030%) 		6.303(c) 04/22/29   2,409 2,386,721
OFSI BSL Ltd.,
Series 2023-12A, Class A1, 144A, 3 Month SOFR + 2.400% (Cap N/A, Floor 2.400%) 		7.355(c) 01/20/35   2,500 2,503,737
Voya CLO Ltd.,          
Series 2013-02A, Class A1R, 144A, 3 Month SOFR + 1.232% (Cap N/A, Floor 0.970%) 6.299(c) 04/25/31   1,500 1,478,279
Series 2015-03A, Class A1R, 144A, 3 Month SOFR + 1.452% (Cap N/A, Floor 1.452%) 6.500(c) 10/20/31   4,900 4,849,205
     
 
Total Asset-Backed Securities
(cost $22,361,739) 		22,414,742
Convertible Bonds 0.6%
Jamaica 0.0%
Digicel Group Holdings Ltd.,
Sub. Notes, 144A, Cash coupon 7.000% or PIK N/A (original cost $8,603; purchased 06/23/20 - 04/03/23)(f) 		7.000 05/15/23(oo)   45 4,974
Spain 0.6%
Cellnex Telecom SA,
Sr. Unsec’d. Notes, Series CLNX, EMTN (aa) 		0.750 11/20/31 EUR 3,400 2,990,651
     
 
Total Convertible Bonds
(cost $3,891,313) 		2,995,625
1
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds 94.2%
Argentina 0.0%
YPF SA,
Sr. Unsec’d. Notes, 144A 		8.500 % 03/23/25   231  $209,026
Austria 0.1%
Benteler International AG,
Sr. Sec’d. Notes, 144A 		10.500 05/15/28   450 460,125
Bahrain 0.1%
Oil & Gas Holding Co. BSCC (The),
Sr. Unsec’d. Notes, 144A (aa) 		7.625 11/07/24   380 385,639
Brazil 2.6%
Banco do Brasil SA,
Sr. Unsec’d. Notes, 144A(aa) 		4.875 01/11/29   1,250 1,179,141
Banco Votorantim SA,
Sr. Unsec’d. Notes, 144A, MTN(aa) 		4.500 09/24/24   1,120 1,087,310
Braskem Netherlands Finance BV,
Gtd. Notes 		4.500 01/31/30   2,000 1,679,400
Embraer Netherlands Finance BV,
Gtd. Notes, 144A(aa) 		6.950 01/17/28   2,055 2,071,543
Globo Comunicacao e Participacoes SA,
Sr. Unsec’d. Notes 		4.875 01/22/30   1,000 803,312
JSM Global Sarl,
Gtd. Notes 		4.750 10/20/30(d)   1,600 309,800
Light Servicos de Eletricidade SA/Light Energia SA,
Gtd. Notes, 144A(aa) 		4.375 06/18/26   1,500 525,000
MARB BondCo PLC,
Gtd. Notes, 144A(aa) 		3.950 01/29/31   1,330 972,995
MercadoLibre, Inc.,
Gtd. Notes 		3.125 01/14/31   1,326 1,028,987
NBM US Holdings, Inc.,
Gtd. Notes, 144A(aa) 		7.000 05/14/26   1,000 973,119
Nexa Resources SA,
Gtd. Notes 		6.500 01/18/28   1,000 972,375
2
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
Brazil (cont’d.)
Rumo Luxembourg Sarl,
Gtd. Notes 		5.250 % 01/10/28   800  $742,900
Tupy Overseas SA,
Gtd. Notes 		4.500 02/16/31   1,000 792,062
          13,137,944
Canada 4.8%
1011778 BC ULC/New Red Finance, Inc.,          
Sec’d. Notes, 144A(aa) 4.000 10/15/30   825 718,864
Sr. Sec’d. Notes, 144A 3.500 02/15/29   1,965 1,764,059
     
 
Athabasca Oil Corp.,
Sec’d. Notes, 144A(aa) 		9.750 11/01/26   1,819 1,909,950
Bombardier, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 6.000 02/15/28   1,950 1,842,418
Sr. Unsec’d. Notes, 144A(aa) 7.125 06/15/26   1,075 1,066,937
Sr. Unsec’d. Notes, 144A 7.500 03/15/25   103 103,000
Sr. Unsec’d. Notes, 144A(aa) 7.500 02/01/29   1,025 1,005,781
Sr. Unsec’d. Notes, 144A(aa) 7.875 04/15/27   2,300 2,294,710
Brookfield Residential Properties, Inc./Brookfield
Residential US LLC, 		         
Gtd. Notes, 144A(aa) 4.875 02/15/30   1,275 1,004,063
Sr. Unsec’d. Notes, 144A 5.000 06/15/29   475 380,000
GFL Environmental, Inc.,          
Gtd. Notes, 144A 4.000 08/01/28   100 91,072
Gtd. Notes, 144A 4.375 08/15/29   900 812,952
Hudbay Minerals, Inc.,          
Gtd. Notes, 144A 4.500 04/01/26   575 533,672
Gtd. Notes, 144A(aa) 6.125 04/01/29   1,210 1,128,325
     
 
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.,
Sr. Sec’d. Notes, 144A 		5.000 12/31/26   200 185,000
Mattamy Group Corp.,          
Sr. Unsec’d. Notes, 144A(aa) 4.625 03/01/30   825 721,397
Sr. Unsec’d. Notes, 144A 5.250 12/15/27   1,650 1,526,250
MEG Energy Corp.,          
Gtd. Notes, 144A 5.875 02/01/29   675 648,000
Gtd. Notes, 144A(aa) 7.125 02/01/27   1,577 1,616,425
     
 
New Gold, Inc.,
Gtd. Notes, 144A(aa) 		7.500 07/15/27   1,035 994,480
3
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
Canada (cont’d.)
     
Parkland Corp.,
Gtd. Notes, 144A(aa) 		4.500 % 10/01/29   1,625  $1,423,906
Precision Drilling Corp.,          
Gtd. Notes, 144A 6.875 01/15/29   250 229,375
Gtd. Notes, 144A(aa) 7.125 01/15/26   1,150 1,124,125
Ritchie Bros Holdings, Inc.,          
Gtd. Notes, 144A 7.750 03/15/31   525 556,500
Sr. Sec’d. Notes, 144A 6.750 03/15/28   150 155,250
     
 
Superior Plus LP/Superior General Partner, Inc.,
Gtd. Notes, 144A 		4.500 03/15/29   1,000 881,770
          24,718,281
Chile 0.3%
Mercury Chile Holdco LLC,
Sr. Sec’d. Notes, 144A 		6.500 01/24/27   1,000 942,926
VTR Comunicaciones SpA,
Sr. Sec’d. Notes 		4.375 04/15/29   1,000 539,875
VTR Finance NV,
Sr. Unsec’d. Notes, 144A 		6.375 07/15/28   705 222,207
          1,705,008
China 0.6%
Agile Group Holdings Ltd.,
Sr. Sec’d. Notes 		6.050 10/13/25   1,120 460,460
China Hongqiao Group Ltd.,
Gtd. Notes 		6.250 06/08/24   1,100 1,068,238
Sunac China Holdings Ltd.,          
Sr. Sec’d. Notes 6.500 01/10/25(d)   650 126,750
Sr. Sec’d. Notes 6.500 01/26/26(d)   770 150,150
Sr. Sec’d. Notes 7.250 06/14/22(d)   365 71,175
     
 
West China Cement Ltd.,
Gtd. Notes 		4.950 07/08/26   1,143 893,183
Yuzhou Group Holdings Co. Ltd.,          
Sr. Sec’d. Notes 7.700 02/20/25(d)   900 63,000
Sr. Sec’d. Notes 8.500 02/26/24(d)   400 28,000
          2,860,956
4
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
Colombia 1.1%
AI Candelaria Spain SA,
Sr. Sec’d. Notes, 144A(aa) 		5.750 % 06/15/33   1,440  $1,016,100
Ecopetrol SA,          
Sr. Unsec’d. Notes 4.625 11/02/31   500 371,500
Sr. Unsec’d. Notes 5.375 06/26/26   975 920,302
Sr. Unsec’d. Notes(aa) 6.875 04/29/30   1,400 1,247,750
Sr. Unsec’d. Notes 8.875 01/13/33   690 667,144
     
 
SierraCol Energy Andina LLC,
Gtd. Notes, 144A(aa) 		6.000 06/15/28   1,700 1,258,723
          5,481,519
Costa Rica 0.1%
Autopistas del Sol SA,
Sr. Sec’d. Notes 		7.375 12/30/30   306 272,271
Instituto Costarricense de Electricidad,
Sr. Unsec’d. Notes, 144A 		6.750 10/07/31   270 259,082
          531,353
Czech Republic 0.1%
Energo-Pro A/S,
Sr. Unsec’d. Notes, 144A 		8.500 02/04/27   700 664,563
France 1.4%
Casino Guichard Perrachon SA,
Sr. Unsec’d. Notes, EMTN 		4.048 08/05/26 EUR 900 186,779
Emeria SASU,
Sr. Sec’d. Notes, 144A(aa) 		7.750 03/31/28 EUR 1,500 1,546,647
Iliad Holding SASU,
Sr. Sec’d. Notes, 144A(aa) 		5.625 10/15/28 EUR 3,850 3,864,537
La Financiere Atalian SASU,
Gtd. Notes 		4.000 05/15/24 EUR 857 681,648
Midco GB SASU,
Sr. Unsec’d. Notes, 144A, Cash coupon 7.750% or PIK 8.500% 		7.750 11/01/27 EUR 1,050 1,042,807
          7,322,418
5
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
Germany 1.9%
Douglas GmbH,
Sr. Sec’d. Notes, 144A 		6.000 % 04/08/26 EUR 540  $527,094
Kirk Beauty SUN GmbH,
Sr. Unsec’d. Notes, 144A, Cash coupon 8.250% or PIK 9.000% 		8.250 10/01/26 EUR 3,345 2,595,216
Wintershall Dea Finance 2 BV,
Gtd. Notes, Series NC8 		3.000(ff) 07/20/28(oo) EUR 1,200 1,001,373
Wintershall Dea Finance BV,
Gtd. Notes(aa) 		0.452 09/25/23 EUR 5,300 5,750,815
          9,874,498
Ghana 0.3%
Tullow Oil PLC,
Sr. Sec’d. Notes, 144A (aa) 		10.250 05/15/26   1,915 1,484,484
Guatemala 0.4%
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL,
Gtd. Notes 		5.250 04/27/29   1,000 933,000
CT Trust,
Sr. Sec’d. Notes, 144A 		5.125 02/03/32   660 542,767
Millicom International Cellular SA,
Sr. Unsec’d. Notes, 144A 		4.500 04/27/31   700 538,384
          2,014,151
India 2.2%
ABJA Investment Co. Pte Ltd.,
Gtd. Notes(aa) 		5.950 07/31/24   651 647,867
Clean Renewable Power Mauritius Pte Ltd.,
Sr. Sec’d. Notes, 144A 		4.250 03/25/27   1,232 1,079,605
Delhi International Airport Ltd.,
Sr. Sec’d. Notes, 144A(aa) 		6.450 06/04/29   1,205 1,120,499
GMR Hyderabad International Airport Ltd.,
Sr. Sec’d. Notes(aa) 		4.250 10/27/27   1,460 1,280,055
Greenko Power II Ltd.,
Sr. Sec’d. Notes 		4.300 12/13/28   955 821,300
HDFC Bank Ltd.,
Jr. Sub. Notes, 144A(aa) 		3.700(ff) 08/25/26(oo)   2,135 1,831,328
6
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
India (cont’d.)
HPCL-Mittal Energy Ltd.,
Sr. Unsec’d. Notes(aa) 		5.250 % 04/28/27   2,000  $1,881,000
India Cleantech Energy,
Sec’d. Notes 		4.700 08/10/26   778 682,508
Periama Holdings LLC,
Gtd. Notes 		5.950 04/19/26   770 740,971
Vedanta Resources Finance II PLC,
Gtd. Notes 		13.875 01/21/24   1,250 1,064,063
          11,149,196
Indonesia 0.1%
Pertamina Geothermal Energy PT,
Sr. Unsec’d. Notes, 144A 		5.150 04/27/28   530 531,988
Israel 0.7%
Energean Israel Finance Ltd.,          
Sr. Sec’d. Notes, 144A(aa) 5.375 03/30/28   2,250 2,004,328
Sr. Sec’d. Notes, 144A 5.875 03/30/31   500 433,375
     
 
Leviathan Bond Ltd.,
Sr. Sec’d. Notes, 144A(aa) 		6.750 06/30/30   1,110 1,026,789
          3,464,492
Italy 0.5%
Castor SpA,
Sr. Sec’d. Notes, 144A (aa) 		6.000 02/15/29 EUR 2,650 2,561,041
Jamaica 0.6%
Digicel Group Holdings Ltd.,
Sr. Unsec’d. Notes, 144A, Cash coupon 5.000% and PIK 3.000% (original cost $75,111; purchased 06/23/20 - 10/03/22)(f) 		8.000 04/01/25   251 95,932
Digicel International Finance Ltd./Digicel
International Holdings Ltd., 		         
Gtd. Notes, 144A (original cost $121,133; purchased 05/22/20)(f) 8.000 12/31/26   174 37,228
Gtd. Notes, 144A, Cash coupon 6.000% and PIK 7.000% (original cost $795,988; purchased 05/22/20 - 12/15/22)(f) 13.000 12/31/25   866 542,586
7
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
Jamaica (cont’d.)
Digicel International Finance Ltd./Digicel International Holdings Ltd., (cont’d.)          
Sr. Sec’d. Notes, 144A (original cost $1,375,625; purchased 06/26/19)(f) 8.750 % 05/25/24   1,420  $1,280,929
Sr. Sec’d. Notes, 144A (original cost $414,104; purchased 05/22/20)(f) 8.750 05/25/24   436 393,072
     
 
Digicel Ltd.,
Gtd. Notes, 144A (original cost $3,456,850; purchased 03/07/19 - 06/28/19)(f) 		6.750 06/01/23   5,020 978,900
          3,328,647
Japan 0.3%
Nissan Motor Co. Ltd.,
Sr. Unsec’d. Notes, 144A 		4.810 09/17/30   650 570,595
SoftBank Group Corp.,
Sr. Unsec’d. Notes 		3.875 07/06/32 EUR 1,400 1,105,505
          1,676,100
Kuwait 0.2%
Kuwait Projects Co. SPC Ltd.,          
Gtd. Notes 4.229 10/29/26   925 815,908
Gtd. Notes, EMTN 4.500 02/23/27   200 170,225
          986,133
Luxembourg 1.0%
Altice France Holding SA,
Sr. Sec’d. Notes 		8.000 05/15/27 EUR 3,166 2,487,056
Codere New Holdco SA,
Sr. Sec’d. Notes, 144A, Cash coupon N/A or PIK 7.500% 		7.500 11/30/27(d) EUR 1,055 73,634
Galapagos SA,
Sr. Sec’d. Notes 		0.000(cc) 06/15/21(d) EUR 315 1,733
Intelsat Jackson Holdings SA,          
Gtd. Notes^ 5.500 08/01/23(d)   2,085 2
Gtd. Notes, 144A^ 9.750 07/15/25(d)   3,355 4
8
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
Luxembourg (cont’d.)
     
 
LHMC Finco 2 Sarl,
Sr. Sec’d. Notes, Cash coupon 7.250% or PIK 8.000% 		7.250 % 10/02/25 EUR 2,271  $2,339,043
          4,901,472
Macau 0.5%
MGM China Holdings Ltd.,          
Sr. Unsec’d. Notes, 144A 4.750 02/01/27   525 474,895
Sr. Unsec’d. Notes, 144A 5.250 06/18/25   325 309,014
Wynn Macau Ltd.,          
Sr. Unsec’d. Notes, 144A 5.125 12/15/29   1,000 823,313
Sr. Unsec’d. Notes, 144A 5.500 01/15/26   1,000 926,250
          2,533,472
Malaysia 0.3%
Gohl Capital Ltd.,
Gtd. Notes 		4.250 01/24/27   1,889 1,777,927
Mexico 5.3%
Banco Mercantil del Norte SA,          
Jr. Sub. Notes 7.500(ff) 06/27/29(oo)   600 528,863
Jr. Sub. Notes, 144A(aa) 6.625(ff) 01/24/32(oo)   1,485 1,199,137
     
 
Braskem Idesa SAPI,
Sr. Sec’d. Notes, 144A(aa) 		7.450 11/15/29   1,250 975,937
Cemex SAB de CV,
Gtd. Notes 		5.450 11/19/29   930 886,406
Comision Federal de Electricidad,
Gtd. Notes, 144A 		4.688 05/15/29   605 544,613
Electricidad Firme de Mexico Holdings SA de CV,
Sr. Sec’d. Notes, 144A 		4.900 11/20/26   1,000 879,875
Mexico City Airport Trust,          
Sr. Sec’d. Notes(aa) 3.875 04/30/28   2,230 2,059,684
Sr. Sec’d. Notes 5.500 07/31/47   670 513,723
     
 
Nemak SAB de CV,
Sr. Unsec’d. Notes, 144A 		3.625 06/28/31   1,230 913,275
Petroleos Mexicanos,          
Gtd. Notes(aa) 5.350 02/12/28   2,500 2,072,344
Gtd. Notes(aa) 6.490 01/23/27   3,758 3,363,410
9
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
Mexico (cont’d.)
Petroleos Mexicanos, (cont’d.)          
Gtd. Notes(aa) 6.500 % 03/13/27   2,720  $2,424,608
Gtd. Notes(aa) 6.500 06/02/41   2,100 1,328,250
Gtd. Notes 6.700 02/16/32   545 418,628
Gtd. Notes, EMTN(aa) 2.750 04/21/27 EUR 1,915 1,680,593
Gtd. Notes, MTN(aa) 6.750 09/21/47   1,825 1,123,287
Gtd. Notes, MTN(aa) 6.875 08/04/26   3,200 3,000,800
Sr. Unsec’d. Notes, 144A 10.000 02/07/33   145 134,415
     
 
Tierra Mojada Luxembourg II Sarl,
Sr. Sec’d. Notes, 144A 		5.750 12/01/40   1,834 1,547,472
Total Play Telecomunicaciones SA de CV,          
Gtd. Notes, 144A 6.375 09/20/28   910 568,750
Sr. Unsec’d. Notes, 144A(aa) 7.500 11/12/25   1,355 935,357
          27,099,427
Morocco 0.1%
OCP SA,          
Sr. Unsec’d. Notes 6.875 04/25/44   280 258,178
Sr. Unsec’d. Notes, 144A 3.750 06/23/31   200 167,600
          425,778
Netherlands 0.5%
VEON Holdings BV,
Sr. Unsec’d. Notes, 144A(aa) 		3.375 11/25/27   920 652,050
WP/AP Telecom Holdings III BV,
Sr. Unsec’d. Notes, 144A 		5.500 01/15/30 EUR 1,917 1,718,589
          2,370,639
Nigeria 0.1%
IHS Holding Ltd.,
Gtd. Notes, 144A 		6.250 11/29/28   645 513,904
Panama 0.1%
AES Panama Generation Holdings SRL,
Sr. Sec’d. Notes, 144A 		4.375 05/31/30   385 332,066
10
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
Peru 0.3%
InRetail Consumer,
Sr. Sec’d. Notes 		3.250 % 03/22/28   800  $685,150
Kallpa Generacion SA,
Gtd. Notes(aa) 		4.125 08/16/27   1,000 918,313
          1,603,463
Russia 0.0%
Alfa Bank AO Via Alfa Bond Issuance PLC,          
Sub. Notes 5.950 04/15/30   1,500 75,000
Sub. Notes, 144A 5.950 04/15/30   985 49,250
     
 
Sovcombank Via SovCom Capital DAC,
Jr. Sub. Notes, 144A 		7.600 02/17/27(oo)   1,500 54,188
          178,438
Saudi Arabia 0.3%
Arabian Centres Sukuk Ltd.,
Gtd. Notes, 144A 		5.375 11/26/24   1,635 1,586,257
Slovenia 0.7%
United Group BV,          
Sr. Sec’d. Notes(aa) 3.125 02/15/26 EUR 2,900 2,769,529
Sr. Sec’d. Notes, 144A(aa) 3.125 02/15/26 EUR 850 811,759
          3,581,288
South Africa 2.3%
Eskom Holdings SOC Ltd.,          
Gov’t. Gtd. Notes, MTN(aa) 6.350 08/10/28   2,080 1,958,289
Sr. Unsec’d. Notes(aa) 7.125 02/11/25   1,270 1,236,107
Sr. Unsec’d. Notes, EMTN(aa) 6.750 08/06/23   1,580 1,562,521
Sr. Unsec’d. Notes, MTN(aa) 8.450 08/10/28   1,240 1,185,207
Sasol Financing USA LLC,          
Gtd. Notes(aa) 4.375 09/18/26   790 714,559
Gtd. Notes 6.500 09/27/28   1,930 1,782,414
Gtd. Notes, 144A 8.750 05/03/29   2,100 2,109,650
11
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
South Africa (cont’d.)
     
 
Transnet SOC Ltd.,
Sr. Unsec’d. Notes, 144A 		8.250 % 02/06/28   1,235  $1,222,110
          11,770,857
Spain 0.7%
Cirsa Finance International Sarl,
Sr. Sec’d. Notes 		6.250 12/20/23 EUR 483 529,399
Codere Finance 2 Luxembourg SA,          
Sr. Sec’d. Notes, Cash coupon 2.000% and PIK 10.750% 12.750 11/30/27(d) EUR 673 217,140
Sr. Sec’d. Notes, 144A, Cash coupon 2.000% and PIK 11.625% 13.625 11/30/27(d)   224 60,562
     
 
Kaixo Bondco Telecom SA,
Sr. Sec’d. Notes, 144A(aa) 		5.125 09/30/29 EUR 2,831 2,684,586
          3,491,687
Sweden 0.6%
Preem Holdings AB,
Sr. Unsec’d. Notes, 144A 		12.000 06/30/27 EUR 2,503 2,951,355
Switzerland 0.3%
VistaJet Malta Finance PLC/XO Management Holding, Inc.,
Sr. Unsec’d. Notes, 144A 		7.875 05/01/27   1,450 1,377,500
Thailand 0.5%
Bangkok Bank PCL,
Jr. Sub. Notes, 144A, MTN (aa) 		5.000(ff) 09/23/25(oo)   3,016 2,814,870
Turkey 0.6%
Aydem Yenilenebilir Enerji A/S,
Sr. Sec’d. Notes, 144A(aa) 		7.750 02/02/27   1,140 951,757
Eldorado Gold Corp.,
Sr. Unsec’d. Notes, 144A(aa) 		6.250 09/01/29   1,250 1,162,500
KOC Holding A/S,
Sr. Unsec’d. Notes, 144A(aa) 		6.500 03/11/25   1,000 981,750
          3,096,007
12
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
Ukraine 0.1%
NAK Naftogaz Ukraine via Kondor Finance PLC,          
Sr. Unsec’d. Notes(aa) 7.125 % 07/19/26(d) EUR 1,035  $231,515
Sr. Unsec’d. Notes 7.625 11/08/26(d)   830 174,196
          405,711
United Arab Emirates 0.3%
DP World Salaam,
Jr. Sub. Notes 		6.000(ff) 10/01/25(oo)   1,620 1,616,456
United Kingdom 5.6%
Bellis Finco PLC,
Sr. Unsec’d. Notes, 144A(aa) 		4.000 02/16/27 GBP 3,300 2,809,795
Bracken MidCo1 PLC,
Sr. Unsec’d. Notes, 144A, Cash coupon 6.750% or PIK 7.500% 		6.750 11/01/27 GBP 1,475 1,478,331
Constellation Automotive Financing PLC,
Sr. Sec’d. Notes 		4.875 07/15/27 GBP 900 857,990
eG Global Finance PLC,          
Sr. Sec’d. Notes, 144A (original cost $4,361,565; purchased 05/02/19)(aa)(f) 4.375 02/07/25 EUR 3,900 3,997,243
Sr. Sec’d. Notes, 144A (original cost $1,750,000; purchased 10/11/19)(aa)(f) 8.500 10/30/25   1,750 1,667,278
Jerrold Finco PLC,          
Sr. Sec’d. Notes 4.875 01/15/26 GBP 600 660,231
Sr. Sec’d. Notes 5.250 01/15/27 GBP 800 856,035
Sr. Sec’d. Notes, 144A 4.875 01/15/26 GBP 2,250 2,475,867
Sr. Sec’d. Notes, 144A(aa) 5.250 01/15/27 GBP 1,325 1,405,168
     
 
Motion Bondco DAC,
Gtd. Notes, 144A 		6.625 11/15/27   250 225,625
Saga PLC,
Gtd. Notes 		5.500 07/15/26 GBP 1,327 1,286,150
Sherwood Financing PLC,
Sr. Sec’d. Notes, 144A(aa) 		6.000 11/15/26 GBP 3,050 3,154,669
TalkTalk Telecom Group Ltd.,
Gtd. Notes(aa) 		3.875 02/20/25 GBP 2,600 2,490,056
13
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United Kingdom (cont’d.)
     
Very Group Funding PLC (The),
Sr. Sec’d. Notes, 144A(aa) 		6.500 % 08/01/26 GBP 3,275  $3,124,621
Zenith Finco PLC,
Sr. Sec’d. Notes, 144A(aa) 		6.500 06/30/27 GBP 2,250 2,078,350
          28,567,409
United States 54.9%
ACCO Brands Corp.,
Gtd. Notes, 144A(aa) 		4.250 03/15/29   1,225 1,032,341
AdaptHealth LLC,          
Gtd. Notes, 144A 4.625 08/01/29   625 510,161
Gtd. Notes, 144A 5.125 03/01/30   925 765,393
Gtd. Notes, 144A(aa) 6.125 08/01/28   655 581,655
     
 
Adient Global Holdings Ltd.,
Sr. Sec’d. Notes, 144A 		7.000 04/15/28   450 460,125
Aethon United BR LP/Aethon United Finance Corp.,
Sr. Unsec’d. Notes, 144A(aa) 		8.250 02/15/26   1,025 999,523
Albertson’s Cos., Inc./Safeway, Inc./New Albertson’s LP/Albertson’s LLC,
Gtd. Notes, 144A 		6.500 02/15/28   675 685,998
Allied Universal Holdco LLC/Allied Universal
Finance Corp., 		         
Sr. Sec’d. Notes, 144A(aa) 6.625 07/15/26   1,790 1,725,128
Sr. Unsec’d. Notes, 144A 6.000 06/01/29   850 661,481
Sr. Unsec’d. Notes, 144A(aa) 9.750 07/15/27   3,275 3,045,005
     
 
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 2,900,019
Alta Equipment Group, Inc.,
Sec’d. Notes, 144A 		5.625 04/15/26   600 557,255
Alta Mesa Holdings LP/Alta Mesa Finance Services Corp.,
Gtd. Notes^(aa) 		7.875 12/15/24(d)   6,450 43,860
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% 		10.000 06/15/26   562 380,339
14
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
American Airlines, Inc.,
Sr. Sec’d. Notes, 144A 		7.250 % 02/15/28   400  $388,975
American Airlines, Inc./AAdvantage Loyalty IP Ltd.,
Sr. Sec’d. Notes, 144A(aa) 		5.750 04/20/29   1,700 1,610,750
American Axle & Manufacturing, Inc.,
Gtd. Notes 		6.250 03/15/26   593 569,487
AmeriGas Partners LP/AmeriGas Finance Corp.,          
Sr. Unsec’d. Notes(aa) 5.750 05/20/27   1,625 1,543,142
Sr. Unsec’d. Notes(aa) 5.875 08/20/26   1,125 1,085,906
     
 
AMN Healthcare, Inc.,
Gtd. Notes, 144A 		4.000 04/15/29   800 705,261
Amsted Industries, Inc.,
Sr. Unsec’d. Notes, 144A(aa) 		4.625 05/15/30   1,475 1,344,656
Antero Midstream Partners LP/Antero Midstream
Finance Corp., 		         
Gtd. Notes, 144A 5.375 06/15/29   225 210,729
Gtd. Notes, 144A(aa) 5.750 01/15/28   2,750 2,665,639
Antero Resources Corp.,          
Gtd. Notes, 144A(aa) 5.375 03/01/30   925 867,537
Gtd. Notes, 144A 7.625 02/01/29   1,189 1,217,396
Ascent Resources Utica Holdings LLC/ARU
Finance Corp., 		         
Gtd. Notes, 144A 9.000 11/01/27   368 455,002
Sr. Unsec’d. Notes, 144A 8.250 12/31/28   2,525 2,441,963
Ashton Woods USA LLC/Ashton Woods Finance
Co., 		         
Sr. Unsec’d. Notes, 144A(aa) 4.625 08/01/29   1,850 1,542,649
Sr. Unsec’d. Notes, 144A 4.625 04/01/30   600 496,292
ASP Unifrax Holdings, Inc.,          
Sr. Sec’d. Notes, 144A 5.250 09/30/28   425 350,228
Sr. Unsec’d. Notes, 144A 7.500 09/30/29   275 198,927
At Home Group, Inc.,          
Gtd. Notes, 144A (original cost $888,594; purchased 06/24/21 - 02/23/22)(f) 7.125 07/15/29   925 524,418
Sr. Sec’d. Notes, 144A (original cost $150,000; purchased 06/24/21)(f) 4.875 07/15/28   150 97,868
     
 
B&G Foods, Inc.,
Gtd. Notes(aa) 		5.250 09/15/27   3,170 2,770,096
15
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Banff Merger Sub, Inc.,
Sr. Unsec’d. Notes 		8.375 % 09/01/26 EUR 2,550  $2,692,192
Bausch Health Cos., Inc.,          
Gtd. Notes, 144A 5.000 01/30/28   1,450 652,500
Gtd. Notes, 144A 5.000 02/15/29   125 56,250
Gtd. Notes, 144A 5.250 01/30/30   2,225 1,040,188
Gtd. Notes, 144A 5.250 02/15/31   1,600 756,000
Gtd. Notes, 144A(aa) 6.250 02/15/29   3,540 1,613,567
Gtd. Notes, 144A 7.000 01/15/28   250 115,000
Beazer Homes USA, Inc.,          
Gtd. Notes 5.875 10/15/27   75 69,699
Gtd. Notes(aa) 6.750 03/15/25   1,000 995,916
Gtd. Notes(aa) 7.250 10/15/29   1,650 1,577,258
Boeing Co. (The),          
Sr. Unsec’d. Notes(aa) 5.805 05/01/50   1,780 1,776,106
Sr. Unsec’d. Notes 5.930 05/01/60   275 271,823
     
 
Bread Financial Holdings, Inc.,
Gtd. Notes, 144A(aa) 		4.750 12/15/24   1,575 1,409,652
C&S Group Enterprises LLC,
Gtd. Notes, 144A(aa) 		5.000 12/15/28   1,000 789,264
Caesars Entertainment, Inc.,          
Sr. Sec’d. Notes, 144A 6.250 07/01/25   125 125,172
Sr. Sec’d. Notes, 144A(aa) 7.000 02/15/30   2,625 2,650,367
Sr. Unsec’d. Notes, 144A(aa) 4.625 10/15/29   1,325 1,160,932
Calpine Corp.,          
Sr. Unsec’d. Notes, 144A(aa) 4.625 02/01/29   900 780,302
Sr. Unsec’d. Notes, 144A(aa) 5.000 02/01/31   1,375 1,157,739
Sr. Unsec’d. Notes, 144A(aa) 5.125 03/15/28   6,425 5,952,639
     
 
Camelot Return Merger Sub, Inc.,
Sr. Sec’d. Notes, 144A 		8.750 08/01/28   725 686,732
CCM Merger, Inc.,
Sr. Unsec’d. Notes, 144A 		6.375 05/01/26   325 317,068
CCO Holdings LLC/CCO Holdings Capital Corp.,          
Sr. Unsec’d. Notes(aa) 4.500 05/01/32   1,300 1,042,710
Sr. Unsec’d. Notes, 144A(aa) 4.250 02/01/31   2,550 2,098,360
Sr. Unsec’d. Notes, 144A 4.250 01/15/34   609 466,242
Sr. Unsec’d. Notes, 144A 4.500 06/01/33   750 597,991
Sr. Unsec’d. Notes, 144A(aa) 4.750 03/01/30   3,050 2,625,477
Sr. Unsec’d. Notes, 144A(aa) 5.000 02/01/28   3,575 3,312,794
Sr. Unsec’d. Notes, 144A 5.125 05/01/27   1,000 945,639
16
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
Chart Industries, Inc.,          
Gtd. Notes, 144A 9.500 % 01/01/31   450  $476,151
Sr. Sec’d. Notes, 144A 7.500 01/01/30   775 799,369
     
 
Cheniere Energy, Inc.,
Sr. Unsec’d. Notes(aa) 		4.625 10/15/28   2,550 2,433,905
Chesapeake Energy Corp.,          
Gtd. Notes, 144A 5.500 02/01/26   450 444,210
Gtd. Notes, 144A 5.875 02/01/29   475 453,159
Gtd. Notes, 144A 6.750 04/15/29   675 668,105
     
 
Churchill Downs, Inc.,
Gtd. Notes, 144A 		6.750 05/01/31   600 604,271
CITGO Petroleum Corp.,
Sr. Sec’d. Notes, 144A(aa) 		7.000 06/15/25   1,325 1,318,263
Clarivate Science Holdings Corp.,
Gtd. Notes, 144A 		4.875 07/01/29   725 653,472
Clean Harbors, Inc.,
Gtd. Notes, 144A 		6.375 02/01/31   150 153,133
Cleveland-Cliffs, Inc.,
Gtd. Notes, 144A 		6.750 04/15/30   800 778,113
CMG Media Corp.,
Gtd. Notes, 144A 		8.875 12/15/27   2,295 1,778,814
CNX Midstream Partners LP,
Gtd. Notes, 144A 		4.750 04/15/30   250 210,029
CNX Resources Corp.,
Gtd. Notes, 144A(aa) 		7.250 03/14/27   1,525 1,516,425
Comstock Resources, Inc.,          
Gtd. Notes, 144A 5.875 01/15/30   700 602,060
Gtd. Notes, 144A(aa) 6.750 03/01/29   1,000 905,161
     
 
Cornerstone Building Brands, Inc.,
Gtd. Notes, 144A(aa) 		6.125 01/15/29   550 417,915
Cornerstone Chemical Co.,
Sr. Sec’d. Notes, 144A, Cash coupon 8.250% and PIK 2.000%(aa) 		10.250 09/01/27   2,103 1,876,867
Crescent Energy Finance LLC,
Sr. Unsec’d. Notes, 144A 		9.250 02/15/28   175 174,576
CrownRock LP/CrownRock Finance, Inc.,
Sr. Unsec’d. Notes, 144A 		5.000 05/01/29   275 260,185
CSC Holdings LLC,          
Gtd. Notes, 144A(aa) 4.125 12/01/30   900 646,600
Gtd. Notes, 144A(aa) 5.500 04/15/27   1,400 1,197,349
17
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
CSC Holdings LLC, (cont’d.)          
Sr. Unsec’d. Notes, 144A(aa) 4.625 % 12/01/30   4,050  $1,975,543
Dana, Inc.,          
Sr. Unsec’d. Notes 4.250 09/01/30   450 365,727
Sr. Unsec’d. Notes 4.500 02/15/32   725 581,199
DaVita, Inc.,          
Gtd. Notes, 144A(aa) 3.750 02/15/31   1,225 981,860
Gtd. Notes, 144A(aa) 4.625 06/01/30   2,400 2,091,579
     
 
Diamond BC BV,
Gtd. Notes, 144A(aa) 		4.625 10/01/29   1,025 1,007,063
Diamond Sports Group LLC/Diamond Sports
Finance Co., 		         
Gtd. Notes, 144A(aa) 6.625 08/15/27(d)   4,125 124,585
Sec’d. Notes, 144A 5.375 08/15/26(d)   3,150 219,043
DISH DBS Corp.,          
Gtd. Notes 5.125 06/01/29   975 450,747
Gtd. Notes(aa) 7.375 07/01/28   515 257,269
Gtd. Notes(aa) 7.750 07/01/26   2,910 1,680,161
     
 
DISH Network Corp.,
Sr. Sec’d. Notes, 144A(aa) 		11.750 11/15/27   1,100 1,040,180
Diversified Healthcare Trust,          
Gtd. Notes 4.375 03/01/31   750 472,727
Gtd. Notes(aa) 9.750 06/15/25   1,550 1,482,755
Sr. Unsec’d. Notes 4.750 05/01/24   50 45,640
Sr. Unsec’d. Notes 4.750 02/15/28   700 431,725
     
 
Eco Material Technologies, Inc.,
Sr. Sec’d. Notes, 144A 		7.875 01/31/27   725 695,447
Embecta Corp.,          
Sr. Sec’d. Notes, 144A 5.000 02/15/30   600 517,532
Sr. Sec’d. Notes, 144A 6.750 02/15/30   300 272,126
     
 
Energizer Holdings, Inc.,
Gtd. Notes, 144A(aa) 		4.375 03/31/29   1,725 1,504,900
Energy Transfer LP,
Jr. Sub. Notes, Series G(aa) 		7.125(ff) 05/15/30(oo)   1,275 1,074,447
EQM Midstream Partners LP,          
Sr. Unsec’d. Notes, 144A(aa) 6.500 07/01/27   1,480 1,442,961
Sr. Unsec’d. Notes, 144A 7.500 06/01/27   200 199,098
Sr. Unsec’d. Notes, 144A 7.500 06/01/30   200 194,116
18
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
Fertitta Entertainment LLC/Fertitta
Entertainment Finance Co., Inc., 		         
Gtd. Notes, 144A(aa) 6.750 % 01/15/30   2,050  $1,660,514
Sr. Sec’d. Notes, 144A 4.625 01/15/29   650 568,395
     
 
Five Point Operating Co. LP/Five Point Capital Corp.,
Gtd. Notes, 144A(aa) 		7.875 11/15/25   1,350 1,228,207
Ford Motor Co.,          
Sr. Unsec’d. Notes(aa) 3.250 02/12/32   3,000 2,319,586
Sr. Unsec’d. Notes(aa) 4.750 01/15/43   4,613 3,469,207
Sr. Unsec’d. Notes(aa) 5.291 12/08/46   5,025 4,054,682
Sr. Unsec’d. Notes 7.400 11/01/46   1,000 1,017,743
Ford Motor Credit Co. LLC,          
Sr. Unsec’d. Notes 4.950 05/28/27   1,000 946,673
Sr. Unsec’d. Notes 6.800 05/12/28   200 200,160
Sr. Unsec’d. Notes 6.950 03/06/26   425 428,083
Forestar Group, Inc.,          
Gtd. Notes, 144A 3.850 05/15/26   1,025 947,671
Gtd. Notes, 144A(aa) 5.000 03/01/28   800 727,775
     
 
Fortress Transportation & Infrastructure Investors LLC,
Gtd. Notes, 144A 		5.500 05/01/28   300 275,264
Foundation Building Materials, Inc.,
Gtd. Notes, 144A 		6.000 03/01/29   550 440,913
Freedom Mortgage Corp.,
Sr. Unsec’d. Notes, 144A 		7.625 05/01/26   325 277,910
Gap, Inc. (The),          
Gtd. Notes, 144A 3.625 10/01/29   250 177,680
Gtd. Notes, 144A(aa) 3.875 10/01/31   1,850 1,289,167
     
 
Global Partners LP/GLP Finance Corp.,
Gtd. Notes 		6.875 01/15/29   450 419,283
Golden Entertainment, Inc.,
Sr. Unsec’d. Notes, 144A(aa) 		7.625 04/15/26   2,150 2,174,257
Griffon Corp.,
Gtd. Notes(aa) 		5.750 03/01/28   1,225 1,125,185
H&E Equipment Services, Inc.,
Gtd. Notes, 144A(aa) 		3.875 12/15/28   2,400 2,073,449
Hecla Mining Co.,
Gtd. Notes(aa) 		7.250 02/15/28   605 605,781
19
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
Hertz Corp. (The),          
Gtd. Notes, 144A 4.625 % 12/01/26   325  $292,641
Gtd. Notes, 144A 5.000 12/01/29   650 531,556
Hilcorp Energy I LP/Hilcorp Finance Co.,          
Sr. Unsec’d. Notes, 144A 5.750 02/01/29   325 303,520
Sr. Unsec’d. Notes, 144A 6.000 04/15/30   700 652,580
Sr. Unsec’d. Notes, 144A 6.000 02/01/31   1,325 1,226,196
Sr. Unsec’d. Notes, 144A(aa) 6.250 11/01/28   900 861,750
Sr. Unsec’d. Notes, 144A 6.250 04/15/32   875 819,324
     
 
Hilton Domestic Operating Co., Inc.,
Gtd. Notes, 144A 		4.000 05/01/31   700 618,519
Howard Hughes Corp. (The),          
Gtd. Notes, 144A(aa) 4.125 02/01/29   1,150 967,854
Gtd. Notes, 144A(aa) 4.375 02/01/31   800 648,949
     
 
Hunt Cos., Inc.,
Sr. Sec’d. Notes, 144A(aa) 		5.250 04/15/29   1,875 1,445,919
iHeartCommunications, Inc.,
Sr. Sec’d. Notes(aa) 		6.375 05/01/26   1,500 1,291,008
International Game Technology PLC,
Sr. Sec’d. Notes, 144A(aa) 		6.250 01/15/27   750 760,313
Jacobs Entertainment, Inc.,          
Sr. Unsec’d. Notes, 144A 6.750 02/15/29   600 522,527
Sr. Unsec’d. Notes, 144A 6.750 02/15/29   275 236,495
     
 
Jefferies Finance LLC/JFIN Co-Issuer Corp.,
Sr. Unsec’d. Notes, 144A(aa) 		5.000 08/15/28   1,500 1,265,989
KB Home,          
Gtd. Notes 4.000 06/15/31   400 347,098
Gtd. Notes(aa) 4.800 11/15/29   2,500 2,341,956
     
 
Knife River Holding Co.,
Sr. Unsec’d. Notes, 144A 		7.750 05/01/31   350 354,762
Kontoor Brands, Inc.,
Gtd. Notes, 144A 		4.125 11/15/29   325 276,106
Kraft Heinz Foods Co.,
Gtd. Notes(aa) 		5.500 06/01/50   2,225 2,242,284
LABL, Inc.,          
Sr. Sec’d. Notes, 144A 5.875 11/01/28   500 461,426
Sr. Sec’d. Notes, 144A 9.500 11/01/28   225 231,561
Sr. Unsec’d. Notes, 144A 8.250 11/01/29   450 391,182
Sr. Unsec’d. Notes, 144A 10.500 07/15/27   325 308,788
20
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
 
LBM Acquisition LLC,
Gtd. Notes, 144A 		6.250 % 01/15/29   275  $219,054
LCM Investments Holdings II LLC,
Sr. Unsec’d. Notes, 144A 		4.875 05/01/29   750 639,013
LD Holdings Group LLC,
Gtd. Notes, 144A 		6.125 04/01/28   825 454,279
Legacy LifePoint Health LLC,
Sr. Sec’d. Notes, 144A 		6.750 04/15/25   600 577,216
Level 3 Financing, Inc.,          
Gtd. Notes, 144A(aa) 4.625 09/15/27   1,500 924,768
Sr. Sec’d. Notes, 144A 3.400 03/01/27   175 136,855
     
 
LifePoint Health, Inc.,
Gtd. Notes, 144A 		5.375 01/15/29   1,000 626,090
Likewize Corp.,
Sr. Sec’d. Notes, 144A(aa) 		9.750 10/15/25   790 711,566
Lindblad Expeditions Holdings, Inc.,
Sr. Sec’d. Notes, 144A 		9.000 05/15/28   575 575,182
LPL Holdings, Inc.,
Gtd. Notes, 144A 		4.625 11/15/27   1,040 981,915
M/I Homes, Inc.,
Gtd. Notes(aa) 		4.950 02/01/28   1,075 1,011,631
Masonite International Corp.,          
Gtd. Notes, 144A 3.500 02/15/30   400 340,000
Gtd. Notes, 144A(aa) 5.375 02/01/28   405 388,800
     
 
Mauser Packaging Solutions Holding Co.,
Sr. Sec’d. Notes, 144A 		7.875 08/15/26   750 761,052
Maxim Crane Works Holdings Capital LLC,
Sec’d. Notes, 144A (original cost $2,119,195; purchased 11/06/18 - 07/15/22)(aa)(f) 		10.125 08/01/24   2,029 2,017,315
McAfee Corp.,
Sr. Unsec’d. Notes, 144A 		7.375 02/15/30   450 374,052
Medline Borrower LP,          
Sr. Sec’d. Notes, 144A(aa) 3.875 04/01/29   1,200 1,049,750
Sr. Unsec’d. Notes, 144A(aa) 5.250 10/01/29   1,575 1,362,197
     
 
Metis Merger Sub LLC,
Sr. Unsec’d. Notes, 144A(aa) 		6.500 05/15/29   2,850 2,425,640
MGM Resorts International,          
Gtd. Notes(aa) 4.750 10/15/28   3,238 3,009,323
Gtd. Notes 5.750 06/15/25   25 24,912
Gtd. Notes(aa) 6.750 05/01/25   875 882,777
21
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
 
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.,
Sr. Sec’d. Notes, 144A(aa) 		4.875 % 05/01/29   1,125  $1,010,879
MIWD Holdco II LLC/MIWD Finance Corp.,
Gtd. Notes, 144A 		5.500 02/01/30   400 338,103
MPH Acquisition Holdings LLC,
Sr. Sec’d. Notes, 144A 		5.500 09/01/28   1,025 784,101
MPT Operating Partnership LP/MPT Finance Corp.,
Gtd. Notes 		2.500 03/24/26 GBP 2,750 2,711,292
Nabors Industries Ltd.,          
Gtd. Notes, 144A 7.250 01/15/26   575 540,609
Gtd. Notes, 144A 7.500 01/15/28   325 295,750
Nabors Industries, Inc.,          
Gtd. Notes(aa) 5.750 02/01/25   1,725 1,678,735
Gtd. Notes, 144A 7.375 05/15/27   925 897,285
Nationstar Mortgage Holdings, Inc.,          
Gtd. Notes, 144A(aa) 5.125 12/15/30   1,575 1,290,369
Gtd. Notes, 144A 5.500 08/15/28   390 348,023
     
 
NCL Corp. Ltd.,
Sr. Sec’d. Notes, 144A 		8.375 02/01/28   1,575 1,578,938
NCR Corp.,          
Gtd. Notes, 144A(aa) 5.000 10/01/28   650 567,144
Gtd. Notes, 144A 5.250 10/01/30   300 251,707
Gtd. Notes, 144A 5.750 09/01/27   500 489,374
     
 
NESCO Holdings II, Inc.,
Sec’d. Notes, 144A 		5.500 04/15/29   525 474,113
Noble Finance II LLC,
Gtd. Notes, 144A 		8.000 04/15/30   225 230,375
NRG Energy, Inc.,          
Gtd. Notes(aa) 5.750 01/15/28   1,240 1,209,750
Gtd. Notes, 144A 3.625 02/15/31   175 141,604
Gtd. Notes, 144A 3.875 02/15/32   550 443,984
Gtd. Notes, 144A 5.250 06/15/29   950 877,191
Jr. Sub. Notes, 144A 10.250(ff) 03/15/28(oo)   900 887,573
Occidental Petroleum Corp.,          
Sr. Unsec’d. Notes 6.125 01/01/31   550 575,725
Sr. Unsec’d. Notes 6.375 09/01/28   1,000 1,043,579
OneMain Finance Corp.,          
Gtd. Notes 3.875 09/15/28   475 382,861
22
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
OneMain Finance Corp., (cont’d.)          
Gtd. Notes 6.875 % 03/15/25   567  $554,238
Gtd. Notes(aa) 7.125 03/15/26   1,625 1,582,738
Organon & Co./Organon Foreign Debt Co-Issuer
BV, 		         
Sr. Sec’d. Notes, 144A 4.125 04/30/28   1,250 1,150,202
Sr. Unsec’d. Notes, 144A 5.125 04/30/31   475 422,801
     
 
Owens-Brockway Glass Container, Inc.,
Gtd. Notes, 144A 		6.625 05/13/27   267 267,891
P&L Development LLC/PLD Finance Corp.,
Sr. Sec’d. Notes, 144A(aa) 		7.750 11/15/25   650 520,307
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer,
Sr. Sec’d. Notes, 144A(aa) 		7.500 06/01/25   1,655 1,663,159
Park River Holdings, Inc.,
Gtd. Notes, 144A(aa) 		5.625 02/01/29   1,350 987,754
Patrick Industries, Inc.,
Gtd. Notes, 144A 		4.750 05/01/29   150 130,476
Penn Entertainment, Inc.,          
Sr. Unsec’d. Notes, 144A 4.125 07/01/29   375 317,468
Sr. Unsec’d. Notes, 144A 5.625 01/15/27   300 285,380
     
 
PennyMac Financial Services, Inc.,
Gtd. Notes, 144A(aa) 		5.375 10/15/25   1,150 1,085,205
PG&E Corp.,          
Sr. Sec’d. Notes(aa) 5.000 07/01/28   590 556,170
Sr. Sec’d. Notes(aa) 5.250 07/01/30   2,725 2,512,320
     
 
Pilgrim’s Pride Corp.,
Gtd. Notes, 144A(aa) 		5.875 09/30/27   3,925 3,904,522
PM General Purchaser LLC,
Sr. Sec’d. Notes, 144A(aa) 		9.500 10/01/28   1,000 947,718
Post Holdings, Inc.,
Gtd. Notes, 144A 		5.500 12/15/29   904 860,106
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.,
Gtd. Notes, 144A 		5.875 09/01/31   1,250 884,745
Prime Healthcare Services, Inc.,
Sr. Sec’d. Notes, 144A(aa) 		7.250 11/01/25   1,425 1,287,010
Radiate Holdco LLC/Radiate Finance, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 4.500 09/15/26   1,000 782,656
Sr. Unsec’d. Notes, 144A(aa) 6.500 09/15/28   1,525 710,704
23
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
 
Rain CII Carbon LLC/CII Carbon Corp.,
Sec’d. Notes, 144A(aa) 		7.250 % 04/01/25   1,470  $1,427,303
Range Resources Corp.,
Gtd. Notes, 144A 		4.750 02/15/30   250 229,927
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.,
Gtd. Notes, 144A 		9.750 12/01/26   750 624,017
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer,
Inc., 		         
Gtd. Notes, 144A 3.625 03/01/29   400 338,047
Gtd. Notes, 144A 3.875 03/01/31   425 343,678
Royal Caribbean Cruises Ltd.,          
Gtd. Notes, 144A 7.250 01/15/30   800 800,168
Sr. Unsec’d. Notes, 144A 5.500 04/01/28   375 330,825
Sr. Unsec’d. Notes, 144A 11.625 08/15/27   650 690,151
     
 
Scientific Games Holdings LP/Scientific Games US FinCo, Inc.,
Sr. Unsec’d. Notes, 144A 		6.625 03/01/30   900 798,297
Scientific Games International, Inc.,
Gtd. Notes, 144A 		8.625 07/01/25   775 792,704
Scotts Miracle-Gro Co. (The),          
Gtd. Notes(aa) 4.000 04/01/31   1,950 1,577,929
Gtd. Notes 4.375 02/01/32   425 344,855
     
 
Sealed Air Corp./Sealed Air Corp. US,
Gtd. Notes, 144A 		6.125 02/01/28   175 177,718
Shea Homes LP/Shea Homes Funding Corp.,
Sr. Unsec’d. Notes 		4.750 04/01/29   1,035 922,494
SK Invictus Intermediate II Sarl,
Sr. Sec’d. Notes, 144A 		5.000 10/30/29   1,200 1,018,824
Smyrna Ready Mix Concrete LLC,
Sr. Sec’d. Notes, 144A(aa) 		6.000 11/01/28   1,523 1,426,031
Southwestern Energy Co.,          
Gtd. Notes 4.750 02/01/32   250 220,892
Gtd. Notes 5.375 02/01/29   875 826,982
Gtd. Notes(aa) 5.375 03/15/30   1,275 1,187,905
     
 
Sprint LLC,
Gtd. Notes 		7.125 06/15/24   2,500 2,541,196
SRS Distribution, Inc.,
Gtd. Notes, 144A 		6.000 12/01/29   825 671,801
24
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
Standard Industries, Inc.,          
Sr. Unsec’d. Notes, 144A 3.375 % 01/15/31   1,000  $792,415
Sr. Unsec’d. Notes, 144A(aa) 4.375 07/15/30   1,050 904,784
     
 
Suburban Propane Partners LP/Suburban Energy Finance Corp.,
Sr. Unsec’d. Notes, 144A 		5.000 06/01/31   575 503,496
Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp.,
Sr. Sec’d. Notes, 144A 		5.875 05/15/25   625 607,330
Sunoco LP/Sunoco Finance Corp.,          
Gtd. Notes 4.500 05/15/29   700 635,671
Gtd. Notes 4.500 04/30/30   850 760,832
     
 
SWF Escrow Issuer Corp.,
Sr. Unsec’d. Notes, 144A(aa) 		6.500 10/01/29   1,600 976,451
Tallgrass Energy Partners LP/Tallgrass Energy
Finance Corp., 		         
Gtd. Notes, 144A(aa) 5.500 01/15/28   3,238 3,005,882
Gtd. Notes, 144A 6.000 12/31/30   150 133,483
Gtd. Notes, 144A 7.500 10/01/25   225 227,198
Taylor Morrison Communities, Inc.,          
Gtd. Notes, 144A 5.875 06/15/27   625 623,587
Sr. Unsec’d. Notes, 144A(aa) 5.125 08/01/30   1,675 1,575,772
     
 
Tempo Acquisition LLC/Tempo Acquisition Finance Corp.,
Sr. Sec’d. Notes, 144A 		5.750 06/01/25   425 427,135
Tenet Healthcare Corp.,          
Sr. Sec’d. Notes(aa) 4.250 06/01/29   1,675 1,536,370
Sr. Sec’d. Notes(aa) 4.375 01/15/30   3,525 3,243,430
Sr. Unsec’d. Notes(aa) 6.875 11/15/31   525 516,079
     
 
Titan International, Inc.,
Sr. Sec’d. Notes 		7.000 04/30/28   675 604,345
TopBuild Corp.,
Gtd. Notes, 144A 		4.125 02/15/32   500 430,809
TPC Group, Inc.,
Sr. Sec’d. Notes, 144A 		13.000 12/16/27   636 637,869
TransDigm, Inc.,
Gtd. Notes 		4.625 01/15/29   700 633,759
Transocean, Inc.,
Gtd. Notes, 144A 		8.000 02/01/27   150 132,773
25
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Tri Pointe Homes, Inc.,
Gtd. Notes(aa) 		5.700 % 06/15/28   745  $731,005
TriMas Corp.,
Gtd. Notes, 144A 		4.125 04/15/29   1,200 1,074,902
United Airlines, Inc.,          
Sr. Sec’d. Notes, 144A 4.375 04/15/26   850 811,692
Sr. Sec’d. Notes, 144A 4.625 04/15/29   1,086 982,830
United Rentals North America, Inc.,          
Gtd. Notes 3.750 01/15/32   975 836,451
Gtd. Notes 3.875 02/15/31   477 419,436
Gtd. Notes 5.250 01/15/30   1,200 1,161,201
Univision Communications, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 4.500 05/01/29   475 409,536
Sr. Sec’d. Notes, 144A(aa) 6.625 06/01/27   4,475 4,308,589
     
 
Valaris Ltd.,
Sec’d. Notes, 144A 		8.375 04/30/30   375 374,063
Vector Group Ltd.,
Sr. Sec’d. Notes, 144A(aa) 		5.750 02/01/29   3,050 2,730,398
Venator Finance Sarl/Venator Materials LLC,          
Gtd. Notes, 144A (original cost $279,803; purchased 03/08/19 - 07/18/19)(aa)(f) 5.750 07/15/25   317 44,380
Sr. Sec’d. Notes, 144A (original cost $735,060; purchased 05/08/20)(aa)(f) 9.500 07/01/25   750 476,250
     
 
Venture Global Calcasieu Pass LLC,
Sr. Sec’d. Notes, 144A 		3.875 08/15/29   645 580,687
Verscend Escrow Corp.,
Sr. Unsec’d. Notes, 144A 		9.750 08/15/26   445 448,654
Viasat, Inc.,
Sr. Unsec’d. Notes, 144A 		5.625 09/15/25   750 715,444
Viking Cruises Ltd.,
Gtd. Notes, 144A 		5.875 09/15/27   400 342,096
Viking Ocean Cruises Ship VII Ltd.,
Sr. Sec’d. Notes, 144A 		5.625 02/15/29   250 211,875
Vista Outdoor, Inc.,
Gtd. Notes, 144A 		4.500 03/15/29   250 196,136
Vistra Corp.,          
Jr. Sub. Notes, 144A 7.000(ff) 12/15/26(oo)   750 673,841
Jr. Sub. Notes, 144A(aa) 8.000(ff) 10/15/26(oo)   1,375 1,297,158
Vistra Operations Co. LLC,          
Gtd. Notes, 144A(aa) 4.375 05/01/29   1,375 1,230,485
26
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Corporate Bonds (Continued)
United States (cont’d.)
Vistra Operations Co. LLC, (cont’d.)          
Gtd. Notes, 144A(aa) 5.000 % 07/31/27   1,330  $1,264,164
Gtd. Notes, 144A(aa) 5.625 02/15/27   2,000 1,950,287
     
 
White Cap Buyer LLC,
Sr. Unsec’d. Notes, 144A 		6.875 10/15/28   525 459,116
William Carter Co. (The),
Gtd. Notes, 144A(aa) 		5.625 03/15/27   1,350 1,331,633
Wolverine World Wide, Inc.,
Gtd. Notes, 144A(aa) 		4.000 08/15/29   1,600 1,329,224
WR Grace Holdings LLC,
Sr. Sec’d. Notes, 144A 		7.375 03/01/31   200 200,467
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.,
Gtd. Notes, 144A(aa) 		5.125 10/01/29   860 792,487
XPO Escrow Sub LLC,
Gtd. Notes, 144A 		7.500 11/15/27   275 283,038
Zayo Group Holdings, Inc.,
Sr. Sec’d. Notes, 144A 		4.000 03/01/27   500 378,167
          280,678,160
Vietnam 0.3%
Mong Duong Finance Holdings BV,
Sr. Sec’d. Notes, 144A (aa) 		5.125 05/07/29   1,530 1,324,735
Zambia 0.4%
First Quantum Minerals Ltd.,
Gtd. Notes, 144A (aa) 		7.500 04/01/25   2,245 2,233,438
     
 
Total Corporate Bonds
(cost $570,385,108) 		481,779,878
Floating Rate and Other Loans 3.8%
Jamaica 0.4%
Digicel International Finance Ltd.,
First Lien Initial Term B Loan, 1 Month LIBOR + 3.250% 		8.275(c) 05/27/24   2,411 2,172,676
27
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Floating Rate and Other Loans (Continued)
United Kingdom 1.0%
Constellation Automotive Group Ltd.,
Facility 1 Loan, SONIA + 7.500% 		11.427 %(c) 07/27/29 GBP 3,000  $2,004,518
EG Group Ltd.,
Additional Second Lien Loan Facility, 6 Month EURIBOR + 7.000% 		9.752(c) 04/30/27 EUR 3,200 3,102,950
          5,107,468
United States 2.4%
Ascent Resources Utica Holdings LLC,
Second Lien Term Loan, 3 Month LIBOR + 9.000% 		14.211(c) 11/01/25   3,610 3,822,087
CSC Holdings LLC,
2022 Refinancing Term Loan, 1 Month SOFR + 4.500% 		9.390(c) 01/18/28   2,241 2,055,881
Diamond Sports Group LLC,          
First Lien Term Loan, 6 Month SOFR + 8.250% 13.064(c) 05/25/26   260 234,177
Second Lien Term loan 8.025 08/24/26   265 18,834
     
 
Finastra USA, Inc.,
Dollar Term Loan (Second Lien), 3 Month LIBOR + 7.250% 		12.405(c) 06/13/25   1,175 984,614
Great Outdoors Group LLC,
Term B-2 Loan, 1 Month LIBOR + 3.750% 		8.775(c) 03/06/28   1,466 1,452,541
Heritage Power LLC,
Term Loan B, 3 Month LIBOR + 5.000% 		12.500(c) 07/30/26   2,470 754,462
McAfee Corp.,
Tranche B-1 Term Loan, 1 Month SOFR + 3.850% 		8.653(c) 03/01/29   1,127 1,060,470
MLN US Holdco LLC,          
Initial Term Loan, 3 Month SOFR + 6.440% 11.522(c) 10/18/27   27 23,079
Initial Term Loan (Second Out (1st Lien Roll-Up)), 3 Month SOFR + 6.700% 11.782(c) 10/18/27   61 33,725
Term Loan, 6 Month SOFR + 9.250%^ 14.332(c) 10/18/27   4 1,920
     
 
28
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Floating Rate and Other Loans (Continued)
United States (cont’d.)
     
Skillsoft Finance II, Inc.,
Initial Term Loan, 1 Month SOFR + 5.364% 		10.197 %(c) 07/14/28   1,421  $1,207,816
Univision Communications, Inc.,
2021 Replacement Term Loan, 1 Month LIBOR + 3.250% 		8.275(c) 03/15/26   529 524,822
          12,174,428
     
 
Total Floating Rate and Other Loans
(cost $24,427,671) 		19,454,572
Sovereign Bonds 18.0%
Angola 1.1%
Angolan Government International Bond,          
Sr. Unsec’d. Notes 8.250 05/09/28   3,160 2,761,642
Sr. Unsec’d. Notes 9.500 11/12/25   2,245 2,215,254
Sr. Unsec’d. Notes, EMTN 8.000 11/26/29   650 546,731
          5,523,627
Argentina 1.3%
Argentine Republic Government International
Bond, 		         
Sr. Unsec’d. Notes 0.500(cc) 07/09/30   6,608 1,605,663
Sr. Unsec’d. Notes 1.000 07/09/29   1,237 293,301
Sr. Unsec’d. Notes 1.500(cc) 07/09/35   1,864 414,431
Sr. Unsec’d. Notes 3.875(cc) 01/09/38   13,769 3,802,032
     
 
Provincia de Buenos Aires,
Sr. Unsec’d. Notes, 144A, MTN 		5.250(cc) 09/01/37   1,284 393,636
          6,509,063
Bahrain 0.4%
Bahrain Government International Bond,          
Sr. Unsec’d. Notes(aa) 6.750 09/20/29   1,240 1,232,870
Sr. Unsec’d. Notes 7.000 10/12/28   430 439,487
Sr. Unsec’d. Notes 7.500 09/20/47   421 381,215
          2,053,572
29
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Sovereign Bonds (Continued)
Brazil 1.5%
Brazilian Government International Bond,          
Sr. Unsec’d. Notes(aa) 3.875 % 06/12/30   3,960  $3,537,517
Sr. Unsec’d. Notes 4.500 05/30/29   3,170 3,006,151
Sr. Unsec’d. Notes(aa) 5.625 01/07/41   1,500 1,328,719
          7,872,387
Cameroon 0.2%
Republic of Cameroon International Bond,          
Sr. Unsec’d. Notes 5.950 07/07/32 EUR 290 222,248
Sr. Unsec’d. Notes 9.500 11/19/25   1,080 1,030,590
          1,252,838
Colombia 1.6%
Colombia Government International Bond,          
Sr. Unsec’d. Notes 3.000 01/30/30   2,900 2,219,044
Sr. Unsec’d. Notes(aa) 3.875 04/25/27   1,290 1,158,823
Sr. Unsec’d. Notes(aa) 4.500 03/15/29   1,770 1,537,466
Sr. Unsec’d. Notes 6.125 01/18/41   2,645 2,078,474
Sr. Unsec’d. Notes 7.375 09/18/37   780 723,596
Sr. Unsec’d. Notes 7.500 02/02/34   430 410,328
          8,127,731
Dominican Republic 1.8%
Dominican Republic International Bond,          
Sr. Unsec’d. Notes 5.500 01/27/25   1,225 1,212,214
Sr. Unsec’d. Notes 5.950 01/25/27   3,000 2,972,437
Sr. Unsec’d. Notes 6.850 01/27/45   1,840 1,652,320
Sr. Unsec’d. Notes 7.450 04/30/44   2,300 2,227,119
Sr. Unsec’d. Notes, 144A 5.875 01/30/60   855 651,831
Sr. Unsec’d. Notes, 144A 7.050 02/03/31   320 324,900
          9,040,821
Ecuador 0.4%
Ecuador Government International Bond,          
Sr. Unsec’d. Notes 5.500(cc) 07/31/30   720 378,360
Sr. Unsec’d. Notes, 144A 1.500(cc) 07/31/40   901 293,130
Sr. Unsec’d. Notes, 144A 2.500(cc) 07/31/35   1,829 667,863
30
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Sovereign Bonds (Continued)
Ecuador (cont’d.)
Ecuador Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes, 144A 5.500 %(cc) 07/31/30   786  $412,885
Sr. Unsec’d. Notes, 144A 5.583(s) 07/31/30   414 126,287
          1,878,525
Egypt 0.9%
Egypt Government International Bond,          
Sr. Unsec’d. Notes, 144A, MTN 6.375 04/11/31 EUR 1,845 1,058,179
Sr. Unsec’d. Notes, EMTN 4.750 04/11/25 EUR 650 522,091
Sr. Unsec’d. Notes, EMTN 4.750 04/16/26 EUR 3,340 2,361,862
Sr. Unsec’d. Notes, EMTN 5.625 04/16/30 EUR 860 494,132
Sr. Unsec’d. Notes, MTN 5.800 09/30/27   335 205,460
          4,641,724
El Salvador 0.1%
El Salvador Government International Bond,
Sr. Unsec’d. Notes 		8.250 04/10/32   1,000 563,938
Gabon 0.4%
Gabon Government International Bond,          
Sr. Unsec’d. Notes 6.625 02/06/31   340 250,814
Sr. Unsec’d. Notes 6.950 06/16/25   1,220 1,121,866
Sr. Unsec’d. Notes, 144A 6.625 02/06/31   650 479,497
Sr. Unsec’d. Notes, 144A 7.000 11/24/31   540 397,507
          2,249,684
Ghana 0.1%
Ghana Government International Bond,          
Sr. Unsec’d. Notes 7.875 03/26/27(d)   930 354,737
Sr. Unsec’d. Notes 8.125 01/18/26(d)   390 154,367
          509,104
Guatemala 0.4%
Guatemala Government Bond,          
Sr. Unsec’d. Notes 4.375 06/05/27   1,140 1,097,464
31
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Sovereign Bonds (Continued)
Guatemala (cont’d.)
Guatemala Government Bond, (cont’d.)          
Sr. Unsec’d. Notes 4.900 % 06/01/30   450  $429,272
Sr. Unsec’d. Notes 6.125 06/01/50   300 281,212
          1,807,948
Honduras 0.2%
Honduras Government International Bond,
Sr. Unsec’d. Notes 		6.250 01/19/27   930 830,199
Hungary 0.2%
Magyar Export-Import Bank Zrt,
Sr. Unsec’d. Notes, 144A 		6.125 12/04/27   890 896,119
Iraq 0.1%
Iraq International Bond,
Sr. Unsec’d. Notes 		5.800 01/15/28   741 690,309
Ivory Coast 1.0%
Ivory Coast Government International Bond,          
Sr. Unsec’d. Notes 4.875 01/30/32 EUR 270 224,678
Sr. Unsec’d. Notes 5.250 03/22/30 EUR 1,910 1,715,010
Sr. Unsec’d. Notes 5.875 10/17/31 EUR 1,245 1,114,040
Sr. Unsec’d. Notes 6.875 10/17/40 EUR 2,405 1,913,516
          4,967,244
Jordan 0.1%
Jordan Government International Bond,
Sr. Unsec’d. Notes, 144A 		7.500 01/13/29   515 515,418
Lebanon 0.0%
Lebanon Government International Bond,          
Sr. Unsec’d. Notes, EMTN 6.100 10/04/22(d)   2,000 115,375
Sr. Unsec’d. Notes, GMTN 6.250 05/27/22(d)   2,550 147,103
          262,478
32
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Sovereign Bonds (Continued)
Mongolia 0.1%
Mongolia Government International Bond,
Sr. Unsec’d. Notes, EMTN 		8.750 % 03/09/24   270  $270,219
Morocco 0.8%
Morocco Government International Bond,          
Sr. Unsec’d. Notes 1.500 11/27/31 EUR 860 706,757
Sr. Unsec’d. Notes 2.000 09/30/30 EUR 1,150 1,020,717
Sr. Unsec’d. Notes, 144A 5.950 03/08/28   1,090 1,117,795
Sr. Unsec’d. Notes, 144A 6.500 09/08/33   1,235 1,277,685
          4,122,954
Mozambique 0.3%
Mozambique International Bond,
Unsec’d. Notes 		5.000(cc) 09/15/31   2,295 1,595,455
Nigeria 0.2%
Nigeria Government International Bond,          
Sr. Unsec’d. Notes 7.875 02/16/32   920 678,960
Sr. Unsec’d. Notes, EMTN 6.500 11/28/27   450 357,413
          1,036,373
Oman 0.8%
Oman Government International Bond,          
Sr. Unsec’d. Notes 4.750 06/15/26   830 811,740
Sr. Unsec’d. Notes 5.625 01/17/28   1,085 1,091,307
Sr. Unsec’d. Notes 6.500 03/08/47   1,120 1,048,110
Sr. Unsec’d. Notes 6.750 01/17/48   720 694,935
Sr. Unsec’d. Notes 7.375 10/28/32   440 489,995
          4,136,087
Pakistan 0.3%
Pakistan Government International Bond,          
Sr. Unsec’d. Notes 8.250 04/15/24   1,840 914,020
Sr. Unsec’d. Notes 8.250 09/30/25   290 117,414
Sr. Unsec’d. Notes, 144A 8.250 04/15/24   530 263,277
33
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Sovereign Bonds (Continued)
Pakistan (cont’d.)
Pakistan Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes, 144A 8.250 % 09/30/25   610  $246,974
Sr. Unsec’d. Notes, EMTN 7.375 04/08/31   660 221,636
          1,763,321
Paraguay 0.2%
Paraguay Government International Bond,
Sr. Unsec’d. Notes 		6.100 08/11/44   950 904,163
Romania 0.7%
Romanian Government International Bond,
Sr. Unsec’d. Notes, 144A 		7.125 01/17/33   3,374 3,608,704
Senegal 0.3%
Senegal Government International Bond,          
Sr. Unsec’d. Notes 4.750 03/13/28 EUR 875 795,916
Sr. Unsec’d. Notes 5.375 06/08/37 EUR 275 191,813
Sr. Unsec’d. Notes, 144A 5.375 06/08/37 EUR 570 397,577
          1,385,306
Serbia 0.4%
Serbia International Bond,          
Sr. Unsec’d. Notes 3.125 05/15/27 EUR 810 803,731
Sr. Unsec’d. Notes, 144A 6.250 05/26/28   500 510,563
Sr. Unsec’d. Notes, 144A 6.500 09/26/33   660 669,611
          1,983,905
South Africa 0.5%
Republic of South Africa Government
International Bond, 		         
Sr. Unsec’d. Notes 4.850 09/30/29   1,690 1,516,036
Sr. Unsec’d. Notes 5.750 09/30/49   600 431,175
Sr. Unsec’d. Notes 7.300 04/20/52   580 494,921
          2,442,132
34
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Sovereign Bonds (Continued)
Sri Lanka 0.1%
Sri Lanka Government International Bond,          
Sr. Unsec’d. Notes 5.750 % 04/18/23(d)   390  $129,383
Sr. Unsec’d. Notes 6.200 05/11/27(d)   900 294,637
Sr. Unsec’d. Notes 7.550 03/28/30(d)   500 164,000
Sr. Unsec’d. Notes 7.850 03/14/29(d)   400 131,000
          719,020
Turkey 1.0%
Turkey Government International Bond,          
Sr. Unsec’d. Notes(aa) 4.250 04/14/26   1,750 1,560,016
Sr. Unsec’d. Notes(aa) 4.875 10/09/26   3,000 2,682,750
Sr. Unsec’d. Notes 5.950 01/15/31   495 414,191
Sr. Unsec’d. Notes(aa) 6.000 03/25/27   525 481,622
          5,138,579
Ukraine 0.3%
Ukraine Government International Bond,          
Sr. Unsec’d. Notes 4.375 01/27/32(d) EUR 605 107,622
Sr. Unsec’d. Notes 6.750 06/20/28(d) EUR 1,230 211,178
Sr. Unsec’d. Notes 7.750 09/01/24(d)   320 68,760
Sr. Unsec’d. Notes 7.750 09/01/25(d)   260 49,449
Sr. Unsec’d. Notes 7.750 09/01/26(d)   590 100,411
Sr. Unsec’d. Notes 7.750 09/01/27(d)   1,005 173,551
Sr. Unsec’d. Notes 7.750 09/01/28(d)   910 156,861
Sr. Unsec’d. Notes 7.750 09/01/29(d)   1,180 203,034
Sr. Unsec’d. Notes 8.994 02/01/26(d)   400 69,075
Sr. Unsec’d. Notes 9.750 11/01/30(d)   3,075 546,389
          1,686,330
United Arab Emirates 0.2%
Finance Department Government of Sharjah,
Sr. Unsec’d. Notes, 144A 		6.500 11/23/32   950 988,000
35
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description Interest
Rate 		Maturity
Date 		Principal
Amount
(000)# 		Value
Sovereign Bonds (Continued)
Zambia 0.0%
Zambia Government International Bond,
Sr. Unsec’d. Notes 		8.500 % 04/14/24(d)   340  $158,908
     
 
Total Sovereign Bonds
(cost $129,555,542) 		92,132,185
    
      Shares  
Common Stocks 1.6%
Luxembourg 0.2%
Intelsat Emergence SA*       51,374 1,351,804
Spain 0.0%
Codere New Topco SA^       36,655 —
United States 1.4%
CEC Entertainment, Inc.       34,226 627,465
Chesapeake Energy Corp.       33,960 2,807,813
Ferrellgas Partners LP (Class B Stock)^       8,479 1,256,588
GenOn Energy Holdings, Inc. (Class A Stock)^       14,397 1,439,700
TPC Group, Inc.*^       48,777 975,540
          7,107,106
     
 
Total Common Stocks
(cost $4,094,471) 		8,458,910
Rights* 0.0%
Luxembourg 
Intelsat Jackson Holdings SA, Series A (Luxembourg) CVR, expiring 12/05/25^       5,379 51,266
36
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Description     Shares Value
Rights (Continued)*
Luxembourg (cont’d.)
Intelsat Jackson Holdings SA, Series B (Luxembourg) CVR, expiring 12/05/25^       5,379  $10,648
     
 
Total Rights
(cost $0) 		61,914
     
 
 
Total Long-Term Investments
(cost $754,715,844) 		627,297,826
 
Short-Term Investment 1.1%
Affiliated Mutual Fund 
PGIM Core Government Money Market Fund
(cost $5,372,622)(wj) 		    5,372,622 5,372,622
 
TOTAL INVESTMENTS 123.7%
(cost $760,088,466) 		632,670,448
Liabilities in excess of other assets(z) (23.7)% (121,089,116)
 
Net Assets 100.0% $511,581,332
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
  EUR—Euro
  GBP—British Pound
  USD—US Dollar
    
  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.
  BNP—BNP Paribas S.A.
  BNYM—Bank of New York Mellon
  CDX—Credit Derivative Index
  CLO—Collateralized Loan Obligation
  CVR—Contingent Value Rights
  DAC—Designated Activity Company
  EMTN—Euro Medium Term Note
  EURIBOR—Euro Interbank Offered Rate
  GMTN—Global Medium Term Note
  GSI—Goldman Sachs International
  iBoxx—Bond Market Indices
  JPM—JPMorgan Chase Bank N.A.
  LIBOR—London Interbank Offered Rate
  LP—Limited Partnership
  MSI—Morgan Stanley & Co International PLC
  MTN—Medium Term Note
37
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
  OTC—Over-the-counter
  PIK—Payment-in-Kind
  Q—Quarterly payment frequency for swaps
  SOFR—Secured Overnight Financing Rate
  SONIA—Sterling Overnight Index Average
  SSB—State Street Bank & Trust Company
  T—Swap payment upon termination
    
* 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 $3,779,528 and 0.7% of net assets.
(aa) Represents security, or a portion thereof, with aggregate value of $289,412,149 segregated as collateral for amount of $130,000,000 borrowed and outstanding as of April 30, 2023.
(c) Variable rate instrument. The interest rate shown reflects the rate in effect at April 30, 2023.
(cc) Variable rate instrument. The rate shown is based on the latest available information as of April 30, 2023. 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 $16,531,631. The aggregate value of $12,158,373 is 2.4% 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.
(wj) PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Government Money Market Fund.
(z) Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments:
Futures contracts outstanding at April 30, 2023:
Number
of
Contracts 		  Type   Expiration
Date 		  Current
Notional
Amount 		  Value /
Unrealized
Appreciation
(Depreciation)
Long Positions:
21   5 Year U.S. Treasury Notes   Jun. 2023    $2,304,586    $42,861
36   10 Year U.S. Treasury Notes   Jun. 2023   4,147,313   118,316
15   20 Year U.S. Treasury Bonds   Jun. 2023   1,974,844   79,413
14   30 Year U.S. Ultra Treasury Bonds   Jun. 2023   1,979,687   73,853
                $314,443
38
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
 Forward foreign currency exchange contracts outstanding at April 30, 2023:
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 05/02/23   BNYM   GBP 22,784    $28,379,746    $28,636,691    $256,945    $—
Expiring 05/02/23   GSI   GBP 4,589   5,682,571   5,767,691   85,120   —
Expiring 06/02/23   MSI   GBP 474   592,567   596,246   3,679   —
Euro,
Expiring 05/02/23   GSI   EUR 1,364   1,484,672   1,503,833   19,161   —
Expiring 05/02/23   JPM   EUR 68,505   75,550,350   75,504,937   —   (45,413)
Expiring 05/02/23   JPM   EUR 410   449,224   451,749   2,525   —
Expiring 06/02/23   SSB   EUR 848   936,401   936,214   —   (187)
              $113,075,531   $113,397,361   367,430   (45,600)
    
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 05/02/23   BNP   GBP 26,811    $32,916,470    $33,698,705    $—    $(782,235)
Expiring 05/02/23   JPM   GBP 561   701,802   705,676   —   (3,874)
Expiring 06/02/23   BNYM   GBP 22,784   28,398,292   28,656,874   —   (258,582)
Euro,
Expiring 05/02/23   JPM   EUR 70,280   76,339,413   77,460,519   —   (1,121,106)
Expiring 06/02/23   JPM   EUR 68,505   75,682,497   75,648,310   34,187   —
              $214,038,474   $216,170,084   34,187   (2,165,797)
                      $401,617   $(2,211,397)
Credit default swap agreement outstanding at April 30, 2023:
Reference
Entity/
Obligation 		Termination
Date 		  Fixed
Rate 		  Notional
Amount
(000)#(3) 		  Value at
Trade Date 		  Value at
April 30,
2023 		  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swap Agreement on credit indices - Buy Protection(1):
iTraxx.XO.39.V1 06/20/28   5.000%(Q)   EUR 8,090   $186,463   $(289,426)   $(475,889)
    
39
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Credit default swap agreement outstanding at April 30, 2023: (continued)
Reference
Entity/
Obligation 		Termination
Date 		  Fixed
Rate 		  Notional
Amount
(000)#(3) 		  Implied Credit
Spread at
April 30,
2023(4) 		  Value at
Trade Date 		  Value at
April 30,
2023 		  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):
CDX.NA.HY.40.V1 06/20/28   5.000%(Q)     10,210   4.648%   $(61,715)   $204,183   $265,898
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 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.
   
40
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2023
Total return swap agreements outstanding at April 30, 2023:
Reference Entity   Financing
Rate 		  Counterparty   Termination
Date 		  Long (Short)
Notional
Amount
(000)#(1) 		  Fair
Value 		  Upfront
Premiums
Paid
(Received) 		  Unrealized
Appreciation
(Depreciation)(2)
OTC Total Return Swap Agreements:
iBoxx USD Investment Grade Index(T)   1 Day SOFR(Q)/ 4.810%   BNP   06/20/23   (5,175)    $(19,025)    $—    $(19,025)
iBoxx USD Investment Grade Index(T)   1 Day SOFR(Q)/ 4.810%   BNP   09/20/23   (5,175)   (22,517)   —   (22,517)
                    $(41,542)   $—   $(41,542)
(1) On a long total return swap, the Fund receives payments for any positive return on the reference entity (makes payments for any negative return) and pays the financing rate. On a short total return swap, the Fund makes payments for any positive return on the reference entity (receives payments for any negative return) and receives the financing rate.
(2) Upfront/recurring fees or commissions, as applicable, are included in the net unrealized appreciation (depreciation).
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).
41