NPORT-EX 2 PI66270_PR4.30.25.htm
PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Long-Term Investments 123.9%          
Asset-Backed Securities 0.8%
Cayman Islands 
Atlas Static Senior Loan Fund Ltd.,
Series 2022-01A, Class AR, 144A, 3 Month SOFR + 1.750% (Cap N/A, Floor 1.750%)
6.006 %(c) 07/15/30   1,057  $1,057,139
Carlyle Global Market Strategies CLO Ltd.,
Series 2014-01A, Class A1R2, 144A, 3 Month SOFR + 1.232% (Cap N/A, Floor 0.970%)
5.511(c) 04/17/31   461 460,937
Madison Park Funding Ltd.,
Series 2015-18A, Class ARR, 144A, 3 Month SOFR + 1.202% (Cap N/A, Floor 0.940%)
5.471(c) 10/21/30   2,483 2,482,785
Voya CLO Ltd.,
Series 2013-02A, Class A1R, 144A, 3 Month SOFR + 1.232% (Cap N/A, Floor 0.970%)
5.513(c) 04/25/31   351 351,186
     
 
Total Asset-Backed Securities
(cost $4,326,076)
4,352,047
Corporate Bonds 91.4%
Angola 0.2%
Azule Energy Finance PLC,
Gtd. Notes, 144A (aa)
8.125 01/23/30   1,000 957,500
Argentina 0.9%
Pan American Energy LLC,
Gtd. Notes, 144A
8.500 04/30/32   1,850 1,953,489
Telecom Argentina SA,
Sr. Unsec’d. Notes, 144A
9.500 07/18/31   265 276,461
Transportadora de Gas del Sur SA,
Sr. Unsec’d. Notes, 144A
8.500 07/24/31   500 515,780
YPF SA,          
Sr. Sec’d. Notes, 144A 9.500 01/17/31   700 724,150
Sr. Unsec’d. Notes, 144A 8.250 01/17/34   1,625 1,582,328
          5,052,208
Australia 0.4%
APA Infrastructure Ltd.,
Gtd. Notes, EMTN(aa)
7.125(ff) 11/09/83 EUR 1,103 1,364,903
Coronado Finance Pty Ltd.,
Sr. Sec’d. Notes, 144A
9.250 10/01/29   695 472,600
1
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Australia (cont’d.)
Mineral Resources Ltd.,          
Sr. Unsec’d. Notes, 144A 8.125 % 05/01/27   170  $165,347
Sr. Unsec’d. Notes, 144A 9.250 10/01/28   150 141,744
Sr. Unsec’d. Notes, 144A, MTN 8.000 11/01/27   100 95,012
          2,239,606
Brazil 3.0%
Ambipar Lux Sarl,
Gtd. Notes, 144A
9.875 02/06/31   445 427,756
Braskem Netherlands Finance BV,          
Gtd. Notes(aa) 4.500 01/31/30   2,000 1,659,400
Gtd. Notes, 144A(aa) 8.500 01/12/31   815 778,895
     
 
Centrais Eletricas Brasileiras SA,
Sr. Unsec’d. Notes, 144A(aa)
6.500 01/11/35   1,100 1,064,250
Cosan Luxembourg SA,
Gtd. Notes, 144A
7.250 06/27/31   600 621,000
CSN Inova Ventures,
Gtd. Notes
6.750 01/28/28   750 698,625
CSN Resources SA,
Gtd. Notes, 144A
8.875 12/05/30   1,000 956,500
Globo Comunicacao e Participacoes SA,
Sr. Unsec’d. Notes(aa)
4.875 01/22/30   1,000 932,810
Karoon USA Finance, Inc.,
Sr. Sec’d. Notes, 144A(aa)
10.500 05/14/29   1,000 974,460
LD Celulose International GmbH,
Sr. Sec’d. Notes, 144A
7.950 01/26/32   270 276,548
Light Energia SA,
Unsec’d. Notes
4.375 06/18/26   544 503,021
Light S/A,
Unsec’d. Notes
23.382(s) 08/31/27   244 61,074
Light Servicos de Eletricidade SA,          
Sec’d. Notes, PIK 2.260% 2.260 12/19/37   237 53,443
Sr. Sec’d. Notes 4.210 12/19/32   570 284,879
     
 
MARB BondCo PLC,
Gtd. Notes, 144A(aa)
3.950 01/29/31   1,330 1,144,199
Minerva Luxembourg SA,
Gtd. Notes, 144A
8.875 09/13/33   1,000 1,063,575
Nexa Resources SA,
Gtd. Notes, 144A
6.750 04/09/34   375 382,969
2

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Brazil (cont’d.)
Petrobras Global Finance BV,          
Gtd. Notes 6.000 % 01/13/35   500  $473,225
Gtd. Notes(aa) 6.500 07/03/33   1,165 1,172,980
     
 
Rumo Luxembourg Sarl,
Gtd. Notes
5.250 01/10/28   800 787,320
Tupy Overseas SA,
Gtd. Notes
4.500 02/16/31   1,000 850,000
Usiminas International Sarl,
Gtd. Notes, 144A
7.500 01/27/32   800 792,400
          15,959,329
Canada 3.6%
1011778 BC ULC/New Red Finance, Inc.,          
Sec’d. Notes, 144A(aa) 4.000 10/15/30   1,075 975,562
Sr. Sec’d. Notes, 144A(aa) 3.500 02/15/29   590 551,721
Sr. Sec’d. Notes, 144A 3.875 01/15/28   250 239,688
Bombardier, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 6.000 02/15/28   1,150 1,139,707
Sr. Unsec’d. Notes, 144A 7.000 06/01/32   335 337,513
Sr. Unsec’d. Notes, 144A(aa) 7.125 06/15/26   276 276,000
Sr. Unsec’d. Notes, 144A 7.250 07/01/31   515 526,670
Sr. Unsec’d. Notes, 144A(aa) 7.500 02/01/29   900 927,000
Sr. Unsec’d. Notes, 144A(aa) 7.875 04/15/27   789 787,761
Sr. Unsec’d. Notes, 144A(aa) 8.750 11/15/30   1,080 1,155,535
Brookfield Residential Properties, Inc./Brookfield
Residential US LLC,
         
Gtd. Notes, 144A(aa) 4.875 02/15/30   1,475 1,284,061
Sr. Unsec’d. Notes, 144A(aa) 5.000 06/15/29   975 867,740
     
 
Capstone Copper Corp.,
Gtd. Notes, 144A
6.750 03/31/33   350 344,050
Empire Communities Corp.,
Sr. Unsec’d. Notes, 144A
9.750 05/01/29   645 629,327
goeasy Ltd.,          
Gtd. Notes, 144A 6.875 05/15/30   425 414,481
Sr. Unsec’d. Notes, 144A 7.375 10/01/30   400 393,092
Sr. Unsec’d. Notes, 144A 7.625 07/01/29   25 25,190
Hudbay Minerals, Inc.,          
Gtd. Notes, 144A(aa) 4.500 04/01/26   1,075 1,054,177
Gtd. Notes, 144A(aa) 6.125 04/01/29   1,055 1,045,769
3
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Canada (cont’d.)
Kronos Acquisition Holdings, Inc.,          
Sr. Sec’d. Notes, 144A 8.250 % 06/30/31   445  $366,947
Sr. Unsec’d. Notes, 144A(aa) 10.750 06/30/32   1,145 687,000
     
 
Mattamy Group Corp.,
Sr. Unsec’d. Notes, 144A(aa)
4.625 03/01/30   1,125 1,030,219
New Gold, Inc.,
Sr. Unsec’d. Notes, 144A
6.875 04/01/32   230 235,175
Parkland Corp.,          
Gtd. Notes, 144A(aa) 4.500 10/01/29   1,625 1,535,625
Sr. Unsec’d. Notes, 144A 6.625 08/15/32   315 313,375
Precision Drilling Corp.,          
Gtd. Notes, 144A 6.875 01/15/29   407 379,528
Gtd. Notes, 144A(aa) 7.125 01/15/26   346 345,038
     
 
Superior Plus LP/Superior General Partner, Inc.,
Gtd. Notes, 144A(aa)
4.500 03/15/29   775 723,253
Taseko Mines Ltd.,
Sr. Sec’d. Notes, 144A
8.250 05/01/30   235 237,242
Wrangler Holdco Corp.,
Gtd. Notes, 144A
6.625 04/01/32   250 255,625
          19,084,071
Chile 0.3%
Falabella SA,
Sr. Unsec’d. Notes(aa)
3.375 01/15/32   1,000 843,100
VTR Comunicaciones SpA,
Sr. Sec’d. Notes(aa)
4.375 04/15/29   1,000 880,000
          1,723,100
China 0.1%
Agile Group Holdings Ltd.,
Sr. Sec’d. Notes
6.050 10/13/25(d)   1,120 72,800
Country Garden Holdings Co. Ltd.,
Sr. Sec’d. Notes
6.150 09/17/25(d)   1,620 137,700
Franshion Brilliant Ltd.,
Gtd. Notes
4.250 07/23/29   200 173,500
4

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
China (cont’d.)
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
          475,000
Colombia 1.1%
AI Candelaria Spain SA,
Sr. Sec’d. Notes, 144A(aa)
5.750 06/15/33   1,440 1,181,232
Bancolombia SA,
Sub. Notes(aa)
8.625(ff) 12/24/34   750 776,212
Colombia Telecomunicaciones SA ESP,
Sr. Unsec’d. Notes
4.950 07/17/30   300 262,913
Ecopetrol SA,          
Sr. Unsec’d. Notes 4.625 11/02/31   500 406,500
Sr. Unsec’d. Notes(aa) 6.875 04/29/30   1,400 1,355,550
Sr. Unsec’d. Notes 8.875 01/13/33   690 690,421
     
 
SierraCol Energy Andina LLC,
Gtd. Notes, 144A(aa)
6.000 06/15/28   1,500 1,378,500
          6,051,328
Costa Rica 0.1%
Autopistas del Sol SA,
Sr. Sec’d. Notes
7.375 12/30/30   257 249,656
Instituto Costarricense de Electricidad,
Sr. Unsec’d. Notes, 144A
6.750 10/07/31   270 271,906
          521,562
Czech Republic 0.2%
CPI Property Group SA,
Sr. Unsec’d. Notes, EMTN
1.750 01/14/30 EUR 1,200 1,114,724
France 2.9%
Cerba Healthcare SACA,
Sr. Sec’d. Notes(aa)
3.500 05/31/28 EUR 2,445 2,047,796
Chrome Holdco SAS,
Gtd. Notes(aa)
5.000 05/31/29 EUR 705 263,557
5
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
France (cont’d.)
Emeria SASU,          
Sr. Sec’d. Notes(aa) 7.750 % 03/31/28 EUR 1,125  $1,135,604
Sr. Sec’d. Notes, 144A(aa) 7.750 03/31/28 EUR 1,500 1,514,139
Iliad Holding SASU,          
Sr. Sec’d. Notes(aa) 6.875 04/15/31 EUR 2,400 2,883,058
Sr. Sec’d. Notes, 144A(aa) 5.375 04/15/30 EUR 1,100 1,272,646
Sr. Sec’d. Notes, 144A 7.000 04/15/32   600 601,500
Sr. Sec’d. Notes, 144A 8.500 04/15/31   395 416,670
     
 
Picard Bondco SA,
Gtd. Notes
5.500 07/01/27 EUR 1,375 1,546,368
Picard Groupe SAS,
Sr. Sec’d. Notes
6.375 07/01/29 EUR 1,325 1,561,518
RCI Banque SA,
Sub. Notes, EMTN(aa)
5.500(ff) 10/09/34 EUR 1,900 2,229,010
          15,471,866
Ghana 0.1%
Tullow Oil PLC,
Sr. Sec’d. Notes, 144A (aa)
10.250 05/15/26   500 390,000
Greece 0.4%
National Bank of Greece SA,
Sub. Notes, GMTN
5.875(ff) 06/28/35 EUR 1,800 2,160,621
Guatemala 0.7%
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL,
Gtd. Notes
5.250 04/27/29   1,000 952,000
CT Trust,
Sr. Sec’d. Notes, 144A
5.125 02/03/32   1,160 1,046,552
Millicom International Cellular SA,          
Sr. Unsec’d. Notes, 144A 4.500 04/27/31   1,200 1,068,000
Sr. Unsec’d. Notes, 144A 7.375 04/02/32   500 505,000
          3,571,552
India 1.8%
Clean Renewable Power Mauritius Pte Ltd.,
Sr. Sec’d. Notes, 144A
4.250 03/25/27   1,067 1,023,747
6

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
India (cont’d.)
Delhi International Airport Ltd.,
Sr. Sec’d. Notes, 144A(aa)
6.450 % 06/04/29   1,205  $1,206,506
GMR Hyderabad International Airport Ltd.,
Sr. Sec’d. Notes(aa)
4.250 10/27/27   1,460 1,388,372
Greenko Power II Ltd.,
Sr. Sec’d. Notes
4.300 12/13/28   835 761,771
HDFC Bank Ltd.,
Jr. Sub. Notes, 144A(aa)
3.700(ff) 08/25/26(oo)   2,135 2,026,926
HPCL-Mittal Energy Ltd.,
Sr. Unsec’d. Notes(aa)
5.250 04/28/27   2,000 1,940,000
Vedanta Resources Finance II PLC,          
Gtd. Notes, 144A(aa) 10.875 09/17/29   890 859,785
Gtd. Notes, 144A 11.250 12/03/31   330 319,275
          9,526,382
Ireland 0.1%
GGAM Finance Ltd.,          
Gtd. Notes, 144A 8.000 02/15/27   275 282,131
Sr. Unsec’d. Notes, 144A 8.000 06/15/28   150 156,937
          439,068
Israel 0.7%
Energean Israel Finance Ltd.,          
Sr. Sec’d. Notes, 144A(aa) 5.375 03/30/28   2,250 2,120,625
Sr. Sec’d. Notes, 144A 5.875 03/30/31   500 452,812
     
 
Leviathan Bond Ltd.,
Sr. Sec’d. Notes, 144A(aa)
6.750 06/30/30   1,110 1,075,843
          3,649,280
Italy 0.8%
Bubbles Bidco SpA,
Sr. Sec’d. Notes, 144A(aa)
6.500 09/30/31 EUR 1,950 2,196,096
Fedrigoni SpA,
Sr. Sec’d. Notes, 144A(aa)
6.125 06/15/31 EUR 850 928,017
Fiber Midco SpA,
Sr. Unsec’d. Notes
10.750 06/15/29 EUR 1,225 1,269,783
          4,393,896
7
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Jamaica 0.5%
Digicel Group Holdings Ltd.,          
Sr. Sec’d. Notes, Series 1B14, 144A^ 0.000 % 12/31/30   125  $
Sr. Sec’d. Notes, Series 3B14, 144A^ 0.000 12/31/30   43
     
 
Digicel Intermediate Holdings Ltd./Digicel International Finance Ltd./DIFL US LLC,
Sr. Sec’d. Notes, Cash coupon 9.000% and PIK 1.942%
10.942 05/25/27   1,719 1,718,698
Digicel MidCo Ltd./DIFL US II LLC,
Sr. Unsec’d. Notes, PIK 10.500%
10.500 11/25/28   1,036 957,275
          2,675,973
Japan 0.3%
SoftBank Group Corp.,          
Sr. Unsec’d. Notes(aa) 3.875 07/06/32 EUR 700 709,021
Sr. Unsec’d. Notes 5.375 01/08/29 EUR 600 683,802
          1,392,823
Kuwait 0.2%
Kuwait Projects Co. SPC Ltd.,
Gtd. Notes
4.229 10/29/26   925 855,625
Luxembourg 1.2%
ARD Finance SA,
Sr. Sec’d. Notes, 144A, Cash coupon 6.500% or PIK 7.250%
6.500 06/30/27   207 4,280
Galapagos SA,
Sr. Sec’d. Notes
0.000(cc) 06/15/21(d) EUR 315 1,782
Herens Midco Sarl,
Gtd. Notes
5.250 05/15/29 EUR 3,531 2,900,068
Monitchem HoldCo 3 SA,
Sr. Sec’d. Notes
8.750 05/01/28 EUR 3,225 3,590,547
          6,496,677
Macau 0.4%
MGM China Holdings Ltd.,
Sr. Unsec’d. Notes, 144A
4.750 02/01/27   525 512,138
8

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Macau (cont’d.)
Studio City Finance Ltd.,
Gtd. Notes, 144A
5.000 % 01/15/29   600  $526,248
Wynn Macau Ltd.,
Sr. Unsec’d. Notes, 144A
5.625 08/26/28   925 880,544
          1,918,930
Mexico 4.8%
Banco Mercantil del Norte SA,
Jr. Sub. Notes, 144A(aa)
6.625(ff) 01/24/32(oo)   1,485 1,318,086
Braskem Idesa SAPI,
Sr. Sec’d. Notes, 144A
7.450 11/15/29   500 386,565
Mexico City Airport Trust,
Sr. Sec’d. Notes
5.500 07/31/47   670 523,813
Nemak SAB de CV,
Sr. Unsec’d. Notes, 144A(aa)
3.625 06/28/31   1,230 980,925
Orbia Advance Corp. SAB de CV,
Gtd. Notes, 144A
6.800 05/13/30   560 559,625
Petroleos Mexicanos,          
Gtd. Notes(aa) 5.350 02/12/28   2,500 2,306,500
Gtd. Notes(aa) 6.490 01/23/27   3,758 3,676,639
Gtd. Notes(aa) 6.500 03/13/27   2,720 2,653,088
Gtd. Notes(aa) 6.500 06/02/41   2,100 1,440,915
Gtd. Notes 6.700 02/16/32   545 466,738
Gtd. Notes 10.000 02/07/33   145 144,659
Gtd. Notes, EMTN(aa) 2.750 04/21/27 EUR 1,915 2,003,990
Gtd. Notes, MTN(aa) 6.750 09/21/47   1,825 1,220,013
Gtd. Notes, MTN(aa) 6.875 08/04/26   3,200 3,160,000
     
 
Saavi Energia Sarl,
Sr. Unsec’d. Notes, 144A
8.875 02/10/35   1,350 1,351,687
Tierra Mojada Luxembourg II Sarl,
Sr. Sec’d. Notes, 144A
5.750 12/01/40   1,078 990,709
Total Play Telecomunicaciones SA de CV,
Sr. Sec’d. Notes, 144A(aa)
11.125 12/31/32   2,374 2,148,696
          25,332,648
9
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Morocco 0.1%
OCP SA,          
Sr. Unsec’d. Notes 6.875 % 04/25/44   280  $261,705
Sr. Unsec’d. Notes, 144A 3.750 06/23/31   200 176,137
          437,842
Netherlands 1.0%
Boels Topholding BV,
Sr. Sec’d. Notes
5.750 05/15/30 EUR 1,700 1,979,547
Boost Newco Borrower LLC/GTCR W Dutch Finance Sub BV,
Sr. Sec’d. Notes(aa)
8.500 01/15/31 GBP 1,900 2,715,709
VEON Holdings BV,
Sr. Unsec’d. Notes, 144A, MTN
3.375 11/25/27   920 821,963
          5,517,219
Nigeria 0.3%
IHS Holding Ltd.,
Gtd. Notes, 144A
6.250 11/29/28   645 609,948
SEPLAT Energy PLC,
Gtd. Notes, 144A
9.125 03/21/30   800 756,752
          1,366,700
Panama 0.1%
AES Panama Generation Holdings SRL,
Sr. Sec’d. Notes, 144A
4.375 05/31/30   365 318,979
Peru 0.3%
Banco de Credito del Peru SA,
Sub. Notes, 144A
6.450(ff) 07/30/35   780 776,814
Minsur SA,
Sr. Unsec’d. Notes(aa)
4.500 10/28/31   750 684,607
          1,461,421
Russia 0.0%
Alfa Bank AO Via Alfa Bond Issuance PLC,          
Sub. Notes 5.950 04/15/30(d)   1,500 75,000
10

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Russia (cont’d.)
Alfa Bank AO Via Alfa Bond Issuance PLC, (cont’d.)          
Sub. Notes, 144A 5.950 % 04/15/30(d)   985   $49,250
     
 
Sovcombank Via SovCom Capital DAC,
Jr. Sub. Notes, 144A
7.600 02/17/27(d)(oo)   1,500 54,188
          178,438
Serbia 0.1%
Telecommunications Co. Telekom Srbija AD Belgrade,
Sr. Unsec’d. Notes, 144A
7.000 10/28/29   415 410,618
Singapore 0.1%
Puma International Financing SA,
Gtd. Notes, 144A
7.750 04/25/29   500 496,405
Slovenia 0.8%
United Group BV,          
Sr. Sec’d. Notes(aa) 5.250 02/01/30 EUR 1,450 1,621,632
Sr. Sec’d. Notes, 144A(aa) 6.500 10/31/31 EUR 2,250 2,585,196
          4,206,828
South Africa 1.6%
Eskom Holdings SOC Ltd.,          
Gov’t. Gtd. Notes, MTN(aa) 6.350 08/10/28   2,080 2,046,200
Sr. Unsec’d. Notes, MTN(aa) 8.450 08/10/28   790 798,888
Sasol Financing USA LLC,          
Gtd. Notes(aa) 4.375 09/18/26   790 756,425
Gtd. Notes(aa) 6.500 09/27/28   1,930 1,780,907
Gtd. Notes, 144A(aa) 8.750 05/03/29   2,100 1,998,276
     
 
Transnet SOC Ltd.,
Sr. Unsec’d. Notes, 144A(aa)
8.250 02/06/28   935 940,259
          8,320,955
11
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Spain 0.7%
Telefonica Europe BV,          
Gtd. Notes(aa) 2.376 %(ff) 02/12/29(oo) EUR 1,400  $1,465,241
Gtd. Notes(aa) 5.752(ff) 01/15/32(oo) EUR 1,900 2,212,833
          3,678,074
Switzerland 0.4%
VistaJet Malta Finance PLC/Vista Management
Holding, Inc.,
         
Sr. Unsec’d. Notes, 144A(aa) 7.875 05/01/27   1,540 1,493,800
Sr. Unsec’d. Notes, 144A 9.500 06/01/28   580 565,500
          2,059,300
Thailand 0.6%
Bangkok Bank PCL,
Jr. Sub. Notes, 144A, MTN (aa)
5.000(ff) 09/23/25(oo)   3,016 2,984,030
Turkey 1.7%
Aydem Yenilenebilir Enerji A/S,
Sr. Sec’d. Notes, 144A(aa)
7.750 02/02/27   1,026 1,017,279
Eldorado Gold Corp.,
Sr. Unsec’d. Notes, 144A(aa)
6.250 09/01/29   1,040 1,027,801
GDZ Elektrik Dagitim A/S,
Sr. Unsec’d. Notes, 144A
9.000 10/15/29   550 510,813
Mersin Uluslararasi Liman Isletmeciligi A/S,
Sr. Unsec’d. Notes, 144A(aa)
8.250 11/15/28   1,000 1,026,250
Sisecam UK PLC,
Gtd. Notes, 144A
8.250 05/02/29   615 615,000
TAV Havalimanlari Holding A/S,
Gtd. Notes, 144A(aa)
8.500 12/07/28   1,000 1,024,250
Turk Telekomunikasyon A/S,
Sr. Unsec’d. Notes, 144A(aa)
7.375 05/20/29   1,100 1,102,131
Turkcell Iletisim Hizmetleri A/S,
Sr. Unsec’d. Notes, 144A(aa)
7.650 01/24/32   1,000 999,380
12

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Turkey (cont’d.)
Turkiye Sinai Kalkinma Bankasi A/S,
Sr. Unsec’d. Notes, 144A, MTN(aa)
9.375 % 10/19/28   1,000  $1,061,250
WE Soda Investments Holding PLC,
Sr. Sec’d. Notes, 144A
9.500 10/06/28   500 510,500
          8,894,654
Ukraine 0.2%
MHP Lux SA,
Gtd. Notes, 144A
6.950 04/03/26   365 334,997
NAK Naftogaz Ukraine via Kondor Finance PLC,          
Sr. Unsec’d. Notes(aa) 7.125 07/19/26(d) EUR 469 452,823
Sr. Unsec’d. Notes, PIK 7.625% 7.625 11/08/28(d)   537 417,578
          1,205,398
United Arab Emirates 0.3%
DP World Salaam,
Jr. Sub. Notes
6.000(ff) 10/01/25(oo)   1,620 1,616,962
United Kingdom 8.4%
Bellis Acquisition Co. PLC,
Sr. Sec’d. Notes, 144A
8.125 05/14/30 GBP 2,120 2,627,325
Bellis Finco PLC,          
Gtd. Notes(aa) 4.000 02/16/27 GBP 2,225 2,803,755
Sr. Unsec’d. Notes, 144A(aa) 4.000 02/16/27 GBP 675 850,577
     
 
Belron UK Finance PLC,
Sr. Sec’d. Notes, 144A
5.750 10/15/29   235 233,670
Canary Wharf Group Investment Holdings PLC,
Sr. Sec’d. Notes
3.375 04/23/28 GBP 300 353,832
CD&R Firefly Bidco PLC,          
Sr. Sec’d. Notes(aa) 8.625 04/30/29 GBP 2,150 2,926,193
Sr. Sec’d. Notes, 144A(aa) 8.625 04/30/29 GBP 3,050 4,143,672
     
 
Connect Finco Sarl/Connect US Finco LLC,
Sr. Sec’d. Notes, 144A
9.000 09/15/29   250 233,750
eG Global Finance PLC,          
Sr. Sec’d. Notes(aa) 11.000 11/30/28 EUR 5,125 6,411,407
Sr. Sec’d. Notes, 144A 11.000 11/30/28 EUR 600 750,828
     
 
Jerrold Finco PLC,
Sr. Sec’d. Notes(aa)
7.875 04/15/30 GBP 2,275 3,035,288
13
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United Kingdom (cont’d.)
Macquarie Airfinance Holdings Ltd.,          
Sr. Unsec’d. Notes, 144A 6.400 % 03/26/29   75  $76,879
Sr. Unsec’d. Notes, 144A 6.500 03/26/31   455 465,662
     
 
Sherwood Financing PLC,
Sr. Sec’d. Notes, 144A(aa)(x)
6.000 11/15/26 GBP 1,050 1,387,091
TalkTalk Telecom Group Ltd.,          
Sec’d. Notes, 144A, Cash coupon 11.750% or PIK N/A 11.750 03/01/28 GBP 2,021 761,471
Sr. Sec’d. Notes, 144A, Cash coupon 8.250% or PIK N/A(aa) 8.250 09/01/27 GBP 3,423 3,490,840
Virgin Media Secured Finance PLC,          
Sr. Sec’d. Notes(aa) 4.125 08/15/30 GBP 3,950 4,608,250
Sr. Sec’d. Notes(aa) 4.250 01/15/30 GBP 2,395 2,863,387
     
 
Vodafone Group PLC,
Jr. Sub. Notes, EMTN
8.000(ff) 08/30/86 GBP 2,000 2,859,374
Zegona Finance PLC,
Sr. Sec’d. Notes, 144A(aa)
6.750 07/15/29 EUR 2,850 3,391,022
          44,274,273
United States 49.2%
1261229 BC Ltd.,
Sr. Sec’d. Notes, 144A
10.000 04/15/32   1,070 1,045,925
ACCO Brands Corp.,
Gtd. Notes, 144A(aa)
4.250 03/15/29   1,225 1,063,740
Acrisure LLC/Acrisure Finance, Inc.,          
Sr. Sec’d. Notes, 144A 7.500 11/06/30   370 377,812
Sr. Unsec’d. Notes, 144A(aa) 8.250 02/01/29   2,200 2,252,786
AdaptHealth LLC,          
Gtd. Notes, 144A(aa) 4.625 08/01/29   900 805,361
Gtd. Notes, 144A(aa) 5.125 03/01/30   925 828,765
Gtd. Notes, 144A(aa) 6.125 08/01/28   605 587,176
     
 
Adient Global Holdings Ltd.,
Sr. Sec’d. Notes, 144A
7.000 04/15/28   250 251,250
Adtalem Global Education, Inc.,
Sr. Sec’d. Notes, 144A
5.500 03/01/28   375 370,020
Aethon United BR LP/Aethon United Finance Corp.,
Sr. Unsec’d. Notes, 144A
7.500 10/01/29   490 491,965
14

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Albertson’s Cos., Inc./Safeway, Inc./New Albertson’s
LP/Albertson’s LLC,
         
Gtd. Notes, 144A 3.500 % 03/15/29   250  $233,400
Gtd. Notes, 144A 4.625 01/15/27   75 74,207
Gtd. Notes, 144A 6.500 02/15/28   75 76,208
     
 
Allied Universal Holdco LLC,
Sr. Sec’d. Notes, 144A(aa)
7.875 02/15/31   1,295 1,323,116
Allied Universal Holdco LLC/Allied Universal Finance
Corp.,
         
Sr. Unsec’d. Notes, 144A 6.000 06/01/29   600 563,750
Sr. Unsec’d. Notes, 144A(aa) 9.750 07/15/27   2,070 2,075,988
     
 
Alta Equipment Group, Inc.,
Sec’d. Notes, 144A
9.000 06/01/29   465 391,100
Alta Mesa Holdings LP/Alta Mesa Finance Services Corp.,
Gtd. Notes
7.875 12/15/24(d)   6,450 8,063
Amentum Holdings, Inc.,
Gtd. Notes, 144A
7.250 08/01/32   140 142,433
American Airlines, Inc.,
Sr. Sec’d. Notes, 144A
7.250 02/15/28   400 394,966
American Airlines, Inc./AAdvantage Loyalty IP Ltd.,
Sr. Sec’d. Notes, 144A(aa)
5.750 04/20/29   600 579,768
AmeriGas Partners LP/AmeriGas Finance Corp.,          
Sr. Unsec’d. Notes 5.750 05/20/27   355 339,026
Sr. Unsec’d. Notes 5.875 08/20/26   245 242,101
     
 
AMN Healthcare, Inc.,
Gtd. Notes, 144A(aa)
4.000 04/15/29   1,825 1,636,568
Amsted Industries, Inc.,          
Sr. Unsec’d. Notes, 144A 4.625 05/15/30   625 590,329
Sr. Unsec’d. Notes, 144A 6.375 03/15/33   235 236,484
     
 
AmWINS Group, Inc.,
Sr. Unsec’d. Notes, 144A
4.875 06/30/29   125 119,025
Antero Midstream Partners LP/Antero Midstream
Finance Corp.,
         
Gtd. Notes, 144A 5.375 06/15/29   175 170,865
Gtd. Notes, 144A 6.625 02/01/32   225 227,239
Ardagh Packaging Finance PLC/Ardagh Holdings
USA, Inc.,
         
Sr. Sec’d. Notes(aa) 2.125 08/15/26 EUR 2,000 1,999,537
Sr. Sec’d. Notes 2.125 08/15/26 EUR 775 771,287
15
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., (cont’d.)          
Sr. Sec’d. Notes, 144A 4.125 % 08/15/26   200  $176,000
Arsenal AIC Parent LLC,          
Sr. Sec’d. Notes, 144A 8.000 10/01/30   250 258,635
Unsec’d. Notes, 144A 11.500 10/01/31   650 713,690
Ascent Resources Utica Holdings LLC/ARU Finance
Corp.,
         
Gtd. Notes, 144A 9.000 11/01/27   568 665,777
Sr. Unsec’d. Notes, 144A 6.625 10/15/32   415 409,740
Sr. Unsec’d. Notes, 144A(aa) 8.250 12/31/28   1,950 1,969,712
Ashton Woods USA LLC/Ashton Woods Finance Co.,          
Sr. Unsec’d. Notes, 144A(aa) 4.625 08/01/29   1,425 1,321,523
Sr. Unsec’d. Notes, 144A 4.625 04/01/30   150 137,684
     
 
ASP Unifrax Holdings, Inc.,
Sec’d. Notes, 144A, Cash coupon 5.850% and PIK 1.250% or Cash coupon 7.100%
7.100 09/30/29   450 180,223
Avient Corp.,
Sr. Unsec’d. Notes, 144A
6.250 11/01/31   190 187,807
Axon Enterprise, Inc.,          
Sr. Unsec’d. Notes, 144A 6.125 03/15/30   475 484,486
Sr. Unsec’d. Notes, 144A 6.250 03/15/33   390 397,976
     
 
Azorra Finance Ltd.,
Gtd. Notes, 144A
7.750 04/15/30   465 460,931
B&G Foods, Inc.,          
Gtd. Notes(aa) 5.250 09/15/27   2,045 1,920,221
Sr. Sec’d. Notes, 144A(aa) 8.000 09/15/28   925 917,442
Bausch Health Cos., Inc.,          
Gtd. Notes, 144A 5.000 01/30/28   1,450 1,105,625
Gtd. Notes, 144A 5.000 02/15/29   75 47,250
Gtd. Notes, 144A 5.250 01/30/30   375 218,437
Gtd. Notes, 144A 5.250 02/15/31   1,600 864,000
Gtd. Notes, 144A 6.250 02/15/29   500 327,500
Gtd. Notes, 144A 7.000 01/15/28   250 204,375
Sr. Sec’d. Notes, 144A 4.875 06/01/28   700 568,505
Sr. Sec’d. Notes, 144A 11.000 09/30/28   200 188,080
     
 
Beacon Roofing Supply, Inc.,
Sr. Sec’d. Notes, 144A
6.750 04/30/32   410 411,090
Beazer Homes USA, Inc.,          
Gtd. Notes 5.875 10/15/27   75 72,999
Gtd. Notes(aa) 7.250 10/15/29   1,650 1,603,485
16

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Beazer Homes USA, Inc., (cont’d.)          
Sr. Unsec’d. Notes, 144A 7.500 % 03/15/31   595  $571,745
Blue Racer Midstream LLC/Blue Racer Finance
Corp.,
         
Sr. Unsec’d. Notes, 144A 7.000 07/15/29   150 152,771
Sr. Unsec’d. Notes, 144A 7.250 07/15/32   140 143,554
Boeing Co. (The),          
Sr. Unsec’d. Notes 5.805 05/01/50   350 328,185
Sr. Unsec’d. Notes 5.930 05/01/60   115 106,525
     
 
Boyd Gaming Corp.,
Gtd. Notes, 144A
4.750 06/15/31   475 443,133
Bread Financial Holdings, Inc.,          
Gtd. Notes, 144A(aa) 9.750 03/15/29   875 921,469
Sub. Notes, 144A 8.375(ff) 06/15/35   410 383,124
     
 
Brinker International, Inc.,
Gtd. Notes, 144A(aa)
8.250 07/15/30   935 983,113
Brundage-Bone Concrete Pumping Holdings, Inc.,
Sr. Sec’d. Notes, 144A
7.500 02/01/32   260 253,528
Caesars Entertainment, Inc.,          
Gtd. Notes, 144A(aa) 4.625 10/15/29   1,400 1,293,869
Sr. Sec’d. Notes, 144A(aa) 6.500 02/15/32   765 769,210
Sr. Sec’d. Notes, 144A(aa) 7.000 02/15/30   600 614,796
Calpine Corp.,          
Sr. Unsec’d. Notes, 144A 5.000 02/01/31   300 288,759
Sr. Unsec’d. Notes, 144A(aa) 5.125 03/15/28   5,300 5,245,049
     
 
Camelot Return Merger Sub, Inc.,
Sr. Sec’d. Notes, 144A(aa)
8.750 08/01/28   725 628,250
Carnival Corp.,          
Gtd. Notes, 144A 5.750 03/01/27   2,400 2,383,728
Gtd. Notes, 144A 6.125 02/15/33   190 188,337
Sr. Sec’d. Notes, 144A 4.000 08/01/28   125 119,219
Carvana Co.,          
Sr. Sec’d. Notes, 144A, Cash coupon 9.000% or PIK 12.000%(aa) 9.000 12/01/28   1,587 1,631,215
Sr. Sec’d. Notes, 144A, Cash coupon 11.000% or PIK 13.000%(aa) 9.000 06/01/30   1,445 1,530,831
Sr. Sec’d. Notes, 144A, PIK 14.000%(aa) 9.000 06/01/31   1,620 1,826,181
     
 
CCM Merger, Inc.,
Sr. Unsec’d. Notes, 144A
6.375 05/01/26   325 325,510
17
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
CCO Holdings LLC/CCO Holdings Capital Corp.,          
Sr. Unsec’d. Notes 4.500 % 05/01/32   475  $422,221
Sr. Unsec’d. Notes, 144A(aa) 4.250 02/01/31   650 587,633
Sr. Unsec’d. Notes, 144A 4.250 01/15/34   575 483,827
Sr. Unsec’d. Notes, 144A(aa) 4.750 03/01/30   1,350 1,275,697
Sr. Unsec’d. Notes, 144A(aa) 5.000 02/01/28   1,175 1,146,224
Sr. Unsec’d. Notes, 144A(aa) 5.125 05/01/27   950 936,628
Sr. Unsec’d. Notes, 144A 5.375 06/01/29   25 24,479
     
 
Celanese US Holdings LLC,
Gtd. Notes
6.600 11/15/28   150 151,524
Chart Industries, Inc.,          
Gtd. Notes, 144A 9.500 01/01/31   645 687,664
Sr. Sec’d. Notes, 144A 7.500 01/01/30   220 228,649
     
 
Churchill Downs, Inc.,
Sr. Unsec’d. Notes, 144A
5.750 04/01/30   225 220,135
Cinemark USA, Inc.,
Gtd. Notes, 144A
7.000 08/01/32   165 168,777
Civitas Resources, Inc.,          
Gtd. Notes, 144A(aa) 8.375 07/01/28   290 284,907
Gtd. Notes, 144A 8.625 11/01/30   385 371,901
     
 
Clarios Global LP/Clarios US Finance Co.,
Sr. Sec’d. Notes, 144A
6.750 02/15/30   200 202,750
Clarivate Science Holdings Corp.,
Gtd. Notes, 144A(aa)
4.875 07/01/29   650 591,524
Clear Channel Outdoor Holdings, Inc.,
Sr. Sec’d. Notes, 144A
9.000 09/15/28   600 621,975
Cleveland-Cliffs, Inc.,          
Gtd. Notes, 144A(aa) 6.750 04/15/30   925 891,038
Gtd. Notes, 144A 6.875 11/01/29   670 649,238
Gtd. Notes, 144A 7.000 03/15/32   445 419,051
Gtd. Notes, 144A 7.375 05/01/33   465 436,844
Sr. Unsec’d. Notes, 144A(aa) 7.500 09/15/31   870 842,853
     
 
Clue Opco LLC,
Sr. Sec’d. Notes, 144A(aa)
9.500 10/15/31   1,700 1,629,425
Clydesdale Acquisition Holdings, Inc.,
Sr. Sec’d. Notes, 144A
6.750 04/15/32   900 920,715
Comstock Resources, Inc.,          
Gtd. Notes, 144A 5.875 01/15/30   225 203,879
Gtd. Notes, 144A(aa) 6.750 03/01/29   1,000 954,584
18

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
 
Cornerstone Building Brands, Inc.,
Gtd. Notes, 144A
6.125 % 01/15/29   535  $359,019
Cornerstone Chemical Co. LLC,
Sr. Sec’d. Notes, 144A, Cash coupon 5.000% and PIK 10.000%(aa)
15.000 12/06/28   989 939,638
Crescent Energy Finance LLC,          
Gtd. Notes, 144A 7.375 01/15/33   445 391,123
Gtd. Notes, 144A(aa) 7.625 04/01/32   730 663,377
Gtd. Notes, 144A(aa) 9.250 02/15/28   390 394,180
     
 
CrownRock LP/CrownRock Finance, Inc.,
Sr. Unsec’d. Notes, 144A
5.000 05/01/29   179 181,872
CSC Holdings LLC,          
Gtd. Notes, 144A 3.375 02/15/31   400 267,183
Gtd. Notes, 144A(aa) 4.125 12/01/30   900 616,546
Gtd. Notes, 144A 5.375 02/01/28   200 174,754
Gtd. Notes, 144A(aa) 5.500 04/15/27   1,000 929,528
Sr. Unsec’d. Notes, 144A(aa) 4.625 12/01/30   1,750 809,546
Dana, Inc.,          
Sr. Unsec’d. Notes 4.250 09/01/30   250 230,350
Sr. Unsec’d. Notes 4.500 02/15/32   150 134,781
DaVita, Inc.,          
Gtd. Notes, 144A(aa) 3.750 02/15/31   1,550 1,362,075
Gtd. Notes, 144A(aa) 4.625 06/01/30   2,875 2,673,784
Gtd. Notes, 144A(aa) 6.875 09/01/32   745 751,834
     
 
DCLI Bidco LLC,
Second Mortgage, 144A
7.750 11/15/29   690 642,873
Diamond Foreign Asset Co./Diamond Finance LLC,
Sec’d. Notes, 144A
8.500 10/01/30   350 335,125
DISH DBS Corp.,          
Gtd. Notes(aa) 5.125 06/01/29   975 607,875
Gtd. Notes 7.375 07/01/28   515 347,998
Gtd. Notes(aa) 7.750 07/01/26   2,910 2,535,244
     
 
DISH Network Corp.,
Sr. Sec’d. Notes, 144A(aa)
11.750 11/15/27   1,050 1,103,124
Diversified Healthcare Trust,          
Gtd. Notes(aa) 4.375 03/01/31   750 581,175
Sr. Unsec’d. Notes 4.750 02/15/28   550 492,114
     
 
EchoStar Corp.,
Sr. Sec’d. Notes
10.750 11/30/29   25 26,430
19
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Encore Capital Group, Inc.,
Sr. Sec’d. Notes(aa)
4.250 % 06/01/28 GBP 1,300  $1,609,069
Energizer Holdings, Inc.,
Gtd. Notes, 144A(aa)
4.375 03/31/29   225 210,101
EnerSys,
Gtd. Notes, 144A
6.625 01/15/32   175 178,340
Entegris, Inc.,
Sr. Sec’d. Notes, 144A
4.750 04/15/29   225 219,215
EQT Corp.,          
Sr. Unsec’d. Notes, 144A 7.500 06/01/27   200 203,287
Sr. Unsec’d. Notes, 144A 7.500 06/01/30   400 430,019
Expand Energy Corp.,          
Gtd. Notes 4.750 02/01/32   300 281,603
Gtd. Notes 5.375 03/15/30   135 134,000
Gtd. Notes, 144A 5.875 02/01/29   105 104,722
Gtd. Notes, 144A 6.750 04/15/29   105 105,960
Fertitta Entertainment LLC/Fertitta Entertainment
Finance Co., Inc.,
         
Gtd. Notes, 144A(aa) 6.750 01/15/30   2,050 1,790,700
Sr. Sec’d. Notes, 144A 4.625 01/15/29   450 417,398
     
 
Five Point Operating Co. LP/Five Point Capital Corp.,
Gtd. Notes, 144A(aa)
10.500(cc) 01/15/28   1,049 1,068,160
Forestar Group, Inc.,          
Gtd. Notes, 144A(aa) 5.000 03/01/28   800 776,987
Gtd. Notes, 144A(aa) 6.500 03/15/33   975 948,223
     
 
Fortress Intermediate 3, Inc.,
Sr. Sec’d. Notes, 144A
7.500 06/01/31   580 593,493
Foundation Building Materials, Inc.,
Gtd. Notes, 144A
6.000 03/01/29   517 435,007
Freedom Mortgage Corp.,          
Sr. Unsec’d. Notes, 144A 6.625 01/15/27   525 521,305
Sr. Unsec’d. Notes, 144A 7.625 05/01/26   325 324,262
Sr. Unsec’d. Notes, 144A 12.000 10/01/28   325 347,945
Freedom Mortgage Holdings LLC,          
Sr. Unsec’d. Notes, 144A 8.375 04/01/32   150 146,642
Sr. Unsec’d. Notes, 144A 9.125 05/15/31   300 303,562
Sr. Unsec’d. Notes, 144A(aa) 9.250 02/01/29   985 1,004,676
Frontier Communications Holdings LLC,          
Sec’d. Notes 5.875 11/01/29   200 200,138
Sec’d. Notes, 144A(aa) 6.000 01/15/30   975 979,776
20

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Frontier Communications Holdings LLC, (cont’d.)          
Sec’d. Notes, 144A 6.750 % 05/01/29   475  $477,236
Gap, Inc. (The),          
Gtd. Notes, 144A 3.625 10/01/29   250 226,605
Gtd. Notes, 144A(aa) 3.875 10/01/31   1,900 1,644,737
     
 
Garrett Motion Holdings, Inc./Garrett LX I Sarl,
Gtd. Notes, 144A(aa)
7.750 05/31/32   620 618,477
Gen Digital, Inc.,
Gtd. Notes, 144A
6.250 04/01/33   570 568,649
GFL Environmental, Inc.,          
Gtd. Notes, 144A 4.000 08/01/28   585 555,417
Gtd. Notes, 144A(aa) 4.375 08/15/29   1,095 1,043,283
Sr. Sec’d. Notes, 144A 6.750 01/15/31   400 416,288
Global Partners LP/GLP Finance Corp.,          
Gtd. Notes 6.875 01/15/29   450 446,814
Gtd. Notes, 144A 8.250 01/15/32   300 305,455
     
 
Greystar Real Estate Partners LLC,
Sr. Sec’d. Notes, 144A
7.750 09/01/30   300 315,475
H&E Equipment Services, Inc.,
Gtd. Notes, 144A(aa)
3.875 12/15/28   2,040 2,032,861
Hecla Mining Co.,
Gtd. Notes(aa)
7.250 02/15/28   750 751,759
Herc Holdings, Inc.,
Gtd. Notes, 144A
6.625 06/15/29   480 474,150
Hertz Corp. (The),
Sr. Sec’d. Notes, 144A
12.625 07/15/29   120 116,746
Hilcorp Energy I LP/Hilcorp Finance Co.,          
Sr. Unsec’d. Notes, 144A 5.750 02/01/29   325 303,883
Sr. Unsec’d. Notes, 144A 6.000 04/15/30   465 424,929
Sr. Unsec’d. Notes, 144A(aa) 6.000 02/01/31   1,095 982,451
Sr. Unsec’d. Notes, 144A 6.250 04/15/32   555 483,464
Sr. Unsec’d. Notes, 144A 7.250 02/15/35   350 305,530
Sr. Unsec’d. Notes, 144A 8.375 11/01/33   248 236,067
Howard Hughes Corp. (The),          
Gtd. Notes, 144A(aa) 4.125 02/01/29   1,350 1,237,170
Gtd. Notes, 144A(aa) 4.375 02/01/31   800 709,512
Gtd. Notes, 144A 5.375 08/01/28   575 554,642
     
 
Hunt Cos., Inc.,
Sr. Sec’d. Notes, 144A(aa)
5.250 04/15/29   1,500 1,423,860
21
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Jacobs Entertainment, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 6.750 % 02/15/29   725  $659,422
Sr. Unsec’d. Notes, 144A 6.750 02/15/29   275 249,912
     
 
JB Poindexter & Co., Inc.,
Sr. Unsec’d. Notes, 144A
8.750 12/15/31   530 533,402
Jefferies Finance LLC/JFIN Co-Issuer Corp.,          
Sr. Sec’d. Notes, 144A 6.625 10/15/31   250 244,784
Sr. Unsec’d. Notes, 144A 5.000 08/15/28   275 255,758
KB Home,          
Gtd. Notes 4.000 06/15/31   400 361,507
Gtd. Notes(aa) 4.800 11/15/29   1,575 1,520,671
     
 
Kontoor Brands, Inc.,
Gtd. Notes, 144A(aa)
4.125 11/15/29   1,850 1,702,515
LABL, Inc.,          
Sr. Sec’d. Notes, 144A 5.875 11/01/28   500 413,427
Sr. Sec’d. Notes, 144A(aa) 8.625 10/01/31   730 596,628
Sr. Sec’d. Notes, 144A 9.500 11/01/28   225 196,195
Sr. Unsec’d. Notes, 144A 8.250 11/01/29   295 199,806
Sr. Unsec’d. Notes, 144A(aa) 10.500 07/15/27   515 462,273
     
 
Landsea Homes Corp.,
Gtd. Notes, 144A(aa)
8.875 04/01/29   800 758,622
LBM Acquisition LLC,
Gtd. Notes, 144A
6.250 01/15/29   475 416,205
LCM Investments Holdings II LLC,
Sr. Unsec’d. Notes, 144A
4.875 05/01/29   225 212,724
LD Holdings Group LLC,
Gtd. Notes, 144A
6.125 04/01/28   425 349,402
Level 3 Financing, Inc.,          
Sec’d. Notes, 144A 4.500 04/01/30   75 62,453
Sec’d. Notes, 144A 4.875 06/15/29   1,500 1,311,820
Sr. Sec’d. Notes, 144A 10.500 04/15/29   175 194,059
Sr. Sec’d. Notes, 144A 10.750 12/15/30   1,125 1,248,162
Sr. Sec’d. Notes, 144A 11.000 11/15/29   2,860 3,199,127
     
 
Life Time, Inc.,
Sr. Sec’d. Notes, 144A
6.000 11/15/31   80 79,824
LifePoint Health, Inc.,          
Gtd. Notes, 144A(aa) 5.375 01/15/29   1,150 1,033,356
Sr. Sec’d. Notes, 144A(aa) 8.375 02/15/32   865 882,114
     
 
22

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Lindblad Expeditions Holdings, Inc.,
Sr. Sec’d. Notes, 144A(aa)
9.000 % 05/15/28   750  $771,036
Lithia Motors, Inc.,
Sr. Unsec’d. Notes, 144A
3.875 06/01/29   550 510,665
Lumen Technologies, Inc.,
Sr. Sec’d. Notes, 144A
10.000 10/15/32   225 224,497
M/I Homes, Inc.,
Gtd. Notes(aa)
4.950 02/01/28   750 732,044
Magnera Corp.,
Sr. Sec’d. Notes, 144A(aa)
7.250 11/15/31   735 694,779
Masterbrand, Inc.,
Gtd. Notes, 144A
7.000 07/15/32   280 280,636
Matador Resources Co.,
Gtd. Notes, 144A(aa)
6.500 04/15/32   160 154,052
Mauser Packaging Solutions Holding Co.,
Sr. Sec’d. Notes, 144A
7.875 04/15/27   645 646,253
Mavis Tire Express Services Topco Corp.,
Sr. Unsec’d. Notes, 144A(aa)
6.500 05/15/29   2,725 2,515,382
Maxim Crane Works Holdings Capital LLC,
Sec’d. Notes, 144A(aa)
11.500 09/01/28   1,100 1,086,318
McAfee Corp.,
Sr. Unsec’d. Notes, 144A
7.375 02/15/30   450 388,857
Medline Borrower LP,
Sr. Sec’d. Notes, 144A(aa)
3.875 04/01/29   3,370 3,143,620
Methanex US Operations, Inc.,
Gtd. Notes, 144A
6.250 03/15/32   370 349,869
MGM Resorts International,          
Gtd. Notes(aa) 4.750 10/15/28   2,313 2,228,911
Gtd. Notes 6.125 09/15/29   550 547,901
     
 
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.,
Sr. Sec’d. Notes, 144A(aa)
4.875 05/01/29   1,125 1,065,330
Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC,
Sr. Sec’d. Notes, 144A
6.750 04/01/32   212 211,294
MIWD Holdco II LLC/MIWD Finance Corp.,
Gtd. Notes, 144A
5.500 02/01/30   400 360,284
MPH Acquisition Holdings LLC,          
Sr. Sec’d. Notes, 144A 5.750 12/31/30   553 425,693
23
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
MPH Acquisition Holdings LLC, (cont’d.)          
Sr. Sec’d. Notes, 144A, Cash coupon 6.500% and PIK 5.000% 11.500 % 12/31/30   289   $269,047
     
 
MPT Operating Partnership LP/MPT Finance Corp.,
Sr. Sec’d. Notes, 144A
8.500 02/15/32   250 254,599
Nabors Industries Ltd.,
Gtd. Notes, 144A
7.500 01/15/28   325 257,562
Nabors Industries, Inc.,          
Gtd. Notes, 144A(aa) 7.375 05/15/27   925 872,288
Gtd. Notes, 144A 8.875 08/15/31   580 393,164
Gtd. Notes, 144A(aa) 9.125 01/31/30   770 698,710
Nationstar Mortgage Holdings, Inc.,          
Gtd. Notes, 144A(aa) 5.125 12/15/30   2,125 2,125,458
Gtd. Notes, 144A 5.500 08/15/28   390 387,297
Gtd. Notes, 144A 5.750 11/15/31   420 421,192
Gtd. Notes, 144A 6.500 08/01/29   345 350,814
Navient Corp.,          
Sr. Unsec’d. Notes(aa) 4.875 03/15/28   380 365,103
Sr. Unsec’d. Notes 9.375 07/25/30   50 53,154
NCL Corp. Ltd.,          
Sr. Sec’d. Notes, 144A 5.875 02/15/27   500 496,275
Sr. Unsec’d. Notes, 144A 6.250 03/01/30   500 487,025
Sr. Unsec’d. Notes, 144A 6.750 02/01/32   650 632,125
     
 
NCR Atleos Corp.,
Sr. Sec’d. Notes, 144A
9.500 04/01/29   1,000 1,076,832
NCR Voyix Corp.,
Gtd. Notes, 144A
5.000 10/01/28   650 629,748
NESCO Holdings II, Inc.,
Sec’d. Notes, 144A
5.500 04/15/29   525 475,919
New Home Co., Inc. (The),
Sr. Unsec’d. Notes, 144A
9.250 10/01/29   465 480,157
Newell Brands, Inc.,
Sr. Unsec’d. Notes
6.625 05/15/32   285 255,681
Noble Finance II LLC,
Gtd. Notes, 144A(aa)
8.000 04/15/30   565 537,747
Novelis Corp.,          
Gtd. Notes, 144A 3.875 08/15/31   165 142,378
Gtd. Notes, 144A 6.875 01/30/30   500 507,292
NRG Energy, Inc.,          
Gtd. Notes, 144A(aa) 3.875 02/15/32   700 627,101
24

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
NRG Energy, Inc., (cont’d.)          
Jr. Sub. Notes, 144A(aa) 10.250 %(ff) 03/15/28(oo)   900  $985,254
Olympus Water US Holding Corp.,          
Sr. Sec’d. Notes, 144A 7.125 10/01/27   200 200,501
Sr. Sec’d. Notes, 144A 7.250 06/15/31   485 485,813
Sr. Sec’d. Notes, 144A(aa) 9.750 11/15/28   1,850 1,933,449
OneMain Finance Corp.,          
Gtd. Notes 3.875 09/15/28   525 485,811
Gtd. Notes 6.625 05/15/29   465 466,843
Gtd. Notes(aa) 6.750 03/15/32   1,150 1,127,742
Gtd. Notes(aa) 7.125 03/15/26   1,200 1,211,108
     
 
Organon & Co./Organon Foreign Debt Co-Issuer BV,
Sr. Unsec’d. Notes, 144A(aa)
5.125 04/30/31   775 650,161
Owens-Brockway Glass Container, Inc.,          
Gtd. Notes, 144A 6.625 05/13/27   267 266,583
Gtd. Notes, 144A 7.250 05/15/31   50 49,597
     
 
P&L Development LLC/PLD Finance Corp.,
Sr. Sec’d. Notes, 144A, Cash coupon 9.000% and PIK 3.500% or Cash coupon 12.000%
12.000 05/15/29   245 243,321
Park River Holdings, Inc.,
Gtd. Notes, 144A(aa)
5.625 02/01/29   1,350 1,058,321
Patrick Industries, Inc.,
Gtd. Notes, 144A
6.375 11/01/32   595 578,530
Penn Entertainment, Inc.,
Sr. Unsec’d. Notes, 144A
5.625 01/15/27   300 295,668
PennyMac Financial Services, Inc.,          
Gtd. Notes, 144A(aa) 4.250 02/15/29   820 766,212
Gtd. Notes, 144A(aa) 5.375 10/15/25   525 522,582
Gtd. Notes, 144A 5.750 09/15/31   500 476,305
Gtd. Notes, 144A 6.875 02/15/33   355 354,854
Gtd. Notes, 144A 7.875 12/15/29   75 78,190
Permian Resources Operating LLC,          
Gtd. Notes, 144A 6.250 02/01/33   415 405,561
Gtd. Notes, 144A 7.000 01/15/32   80 80,622
Gtd. Notes, 144A 8.000 04/15/27   275 279,683
     
 
Perrigo Finance Unlimited Co.,
Gtd. Notes
6.125 09/30/32   215 213,482
Phinia, Inc.,
Sr. Sec’d. Notes, 144A
6.750 04/15/29   250 252,821
25
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
PM General Purchaser LLC,
Sr. Sec’d. Notes, 144A(aa)
9.500 % 10/01/28   1,180  $1,138,515
Post Holdings, Inc.,          
Gtd. Notes, 144A 4.625 04/15/30   150 141,670
Gtd. Notes, 144A(aa) 5.500 12/15/29   729 715,757
Gtd. Notes, 144A 6.375 03/01/33   445 440,930
PRA Group, Inc.,          
Gtd. Notes, 144A 8.375 02/01/28   500 505,001
Gtd. Notes, 144A 8.875 01/31/30   120 123,671
     
 
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.,
Gtd. Notes, 144A(aa)
5.875 09/01/31   525 277,092
Prime Healthcare Services, Inc.,
Sr. Sec’d. Notes, 144A(aa)
9.375 09/01/29   855 814,720
Quikrete Holdings, Inc.,          
Sr. Sec’d. Notes, 144A 6.375 03/01/32   685 689,598
Sr. Unsec’d. Notes, 144A 6.750 03/01/33   630 632,404
Radiate Holdco LLC/Radiate Finance, Inc.,          
Sr. Sec’d. Notes, 144A(aa)(x) 4.500 09/15/26   1,000 864,465
Sr. Unsec’d. Notes, 144A(aa)(x) 6.500 09/15/28   1,525 989,877
     
 
Range Resources Corp.,
Gtd. Notes, 144A
4.750 02/15/30   150 141,830
RHP Hotel Properties LP/RHP Finance Corp.,          
Gtd. Notes, 144A 4.500 02/15/29   250 239,301
Gtd. Notes, 144A 6.500 04/01/32   365 364,042
     
 
Rivers Enterprise Borrower LLC/Rivers Enterprise Finance Corp.,
Sr. Sec’d. Notes, 144A(aa)
6.625 02/01/33   865 855,055
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer,
Inc.,
         
Gtd. Notes, 144A 3.875 03/01/31   1,350 1,221,576
Gtd. Notes, 144A(aa) 4.000 10/15/33   775 670,420
     
 
Rockies Express Pipeline LLC,
Sr. Unsec’d. Notes, 144A
6.750 03/15/33   370 376,527
Royal Caribbean Cruises Ltd.,
Sr. Unsec’d. Notes, 144A
5.625 09/30/31   680 675,325
RXO, Inc.,
Gtd. Notes, 144A
7.500 11/15/27   385 394,538
26

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Sally Holdings LLC/Sally Capital, Inc.,
Gtd. Notes(aa)
6.750 % 03/01/32   1,620  $1,633,758
Scientific Games Holdings LP/Scientific Games US FinCo, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
6.625 03/01/30   900 858,578
Scotts Miracle-Gro Co. (The),          
Gtd. Notes(aa) 4.000 04/01/31   1,950 1,708,693
Gtd. Notes 4.375 02/01/32   575 502,979
     
 
Select Medical Corp.,
Gtd. Notes, 144A
6.250 12/01/32   390 387,277
Sensata Technologies, Inc.,
Gtd. Notes, 144A
3.750 02/15/31   425 371,170
Service Corp. International,
Sr. Unsec’d. Notes
3.375 08/15/30   75 67,298
Shea Homes LP/Shea Homes Funding Corp.,
Sr. Unsec’d. Notes(aa)
4.750 04/01/29   1,035 975,157
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.,
Gtd. Notes, 144A
6.750 08/15/32   55 55,784
Sinclair Television Group, Inc.,
Sr. Sec’d. Notes, 144A(aa)
8.125 02/15/33   740 733,257
SK Invictus Intermediate II Sarl,
Sr. Sec’d. Notes, 144A
5.000 10/30/29   750 703,770
Smyrna Ready Mix Concrete LLC,          
Sr. Sec’d. Notes, 144A 6.000 11/01/28   733 715,767
Sr. Sec’d. Notes, 144A 8.875 11/15/31   470 482,278
     
 
Snap, Inc.,
Gtd. Notes, 144A
6.875 03/01/33   640 638,968
Standard Building Solutions, Inc.,
Sr. Unsec’d. Notes, 144A
6.500 08/15/32   680 688,871
Standard Industries, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 3.375 01/15/31   420 371,183
Sr. Unsec’d. Notes, 144A(aa) 4.375 07/15/30   975 908,390
Sr. Unsec’d. Notes, 144A 4.750 01/15/28   701 686,350
     
 
Star Leasing Co. LLC,
Sec’d. Notes, 144A
7.625 02/15/30   715 641,168
Starwood Property Trust, Inc.,          
Sr. Unsec’d. Notes, 144A 6.000 04/15/30   100 99,118
Sr. Unsec’d. Notes, 144A 6.500 07/01/30   325 327,757
Sr. Unsec’d. Notes, 144A 6.500 10/15/30   340 342,957
27
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Starwood Property Trust, Inc., (cont’d.)          
Sr. Unsec’d. Notes, 144A 7.250 % 04/01/29   475   $492,998
     
 
STL Holding Co. LLC,
Sr. Unsec’d. Notes, 144A
8.750 02/15/29   690 702,096
Suburban Propane Partners LP/Suburban Energy Finance Corp.,
Sr. Unsec’d. Notes, 144A(aa)
5.000 06/01/31   1,100 1,005,415
Sunoco LP,
Gtd. Notes, 144A
6.250 07/01/33   405 404,589
Sunoco LP/Sunoco Finance Corp.,          
Gtd. Notes(aa) 4.500 05/15/29   625 592,433
Gtd. Notes(aa) 4.500 04/30/30   875 823,549
     
 
SWF Holdings I Corp.,
Sr. Unsec’d. Notes, 144A(aa)
6.500 10/01/29   1,725 729,431
Tallgrass Energy Partners LP/Tallgrass Energy
Finance Corp.,
         
Gtd. Notes, 144A(aa) 5.500 01/15/28   1,188 1,157,364
Gtd. Notes, 144A 6.000 12/31/30   50 46,577
Sr. Unsec’d. Notes, 144A 7.375 02/15/29   370 368,699
Taylor Morrison Communities, Inc.,          
Gtd. Notes, 144A 5.875 06/15/27   625 628,417
Sr. Unsec’d. Notes, 144A(aa) 5.125 08/01/30   1,375 1,332,408
Tenet Healthcare Corp.,          
Sr. Sec’d. Notes(aa) 4.250 06/01/29   2,180 2,078,017
Sr. Sec’d. Notes(aa) 4.375 01/15/30   1,400 1,327,477
Sr. Unsec’d. Notes(aa) 6.875 11/15/31   525 539,183
     
 
Tenneco, Inc.,
Sr. Sec’d. Notes, 144A(aa)
8.000 11/17/28   2,175 2,074,048
Terex Corp.,
Gtd. Notes, 144A
6.250 10/15/32   515 493,001
Titan International, Inc.,
Sr. Sec’d. Notes
7.000 04/30/28   600 587,272
TopBuild Corp.,
Gtd. Notes, 144A
4.125 02/15/32   375 337,069
TransDigm, Inc.,          
Gtd. Notes(aa) 4.625 01/15/29   700 673,049
Sr. Sec’d. Notes, 144A(aa) 6.375 03/01/29   930 948,172
Sr. Sec’d. Notes, 144A 6.625 03/01/32   290 297,065
Sr. Sec’d. Notes, 144A 6.750 08/15/28   275 280,471
28

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Transocean, Inc.,          
Gtd. Notes, 144A 8.000 % 02/01/27   128  $118,800
Gtd. Notes, 144A 8.250 05/15/29   1,270 1,023,607
Gtd. Notes, 144A 8.500 05/15/31   390 302,250
Sr. Sec’d. Notes, 144A 8.750 02/15/30   212 208,820
     
 
TriMas Corp.,
Gtd. Notes, 144A(aa)
4.125 04/15/29   275 256,001
United Airlines, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 4.375 04/15/26   1,485 1,463,534
Sr. Sec’d. Notes, 144A(aa) 4.625 04/15/29   286 268,676
United Rentals North America, Inc.,          
Gtd. Notes(aa) 3.750 01/15/32   975 866,713
Gtd. Notes 3.875 02/15/31   902 824,848
Gtd. Notes(aa) 5.250 01/15/30   1,200 1,185,395
     
 
Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC,
Sr. Sec’d. Notes, 144A(aa)
10.500 02/15/28   2,535 2,692,177
Univision Communications, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 6.625 06/01/27   1,675 1,621,790
Sr. Sec’d. Notes, 144A(aa) 8.000 08/15/28   545 529,936
     
 
UWM Holdings LLC,
Gtd. Notes, 144A
6.625 02/01/30   355 351,761
Valaris Ltd.,
Sec’d. Notes, 144A
8.375 04/30/30   375 350,122
Valvoline, Inc.,
Sr. Unsec’d. Notes, 144A
3.625 06/15/31   175 152,962
Velocity Vehicle Group LLC,
Sr. Unsec’d. Notes, 144A
8.000 06/01/29   215 217,588
Venture Global LNG, Inc.,          
Jr. Sub. Notes, 144A(aa) 9.000(ff) 09/30/29(oo)   2,125 1,821,305
Sr. Sec’d. Notes, 144A 7.000 01/15/30   560 527,647
Sr. Sec’d. Notes, 144A(aa) 9.500 02/01/29   1,385 1,435,093
Sr. Sec’d. Notes, 144A(aa) 9.875 02/01/32   870 884,772
Venture Global Plaquemines LNG LLC,          
Sr. Sec’d. Notes, 144A 7.500 05/01/33   552 566,611
Sr. Sec’d. Notes, 144A 7.750 05/01/35   612 628,449
     
 
Veritiv Operating Co.,
Sr. Sec’d. Notes, 144A
10.500 11/30/30   385 402,737
Viasat, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
5.625 09/15/25   375 375,000
29
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Viking Cruises Ltd.,          
Gtd. Notes, 144A 5.875 % 09/15/27   1,150  $1,147,125
Sr. Unsec’d. Notes, 144A 7.000 02/15/29   750 754,687
     
 
Viking Ocean Cruises Ship VII Ltd.,
Sr. Sec’d. Notes, 144A
5.625 02/15/29   250 246,250
Vistra Corp.,          
Jr. Sub. Notes, 144A(aa) 7.000(ff) 12/15/26(oo)   2,375 2,399,971
Jr. Sub. Notes, 144A(aa) 8.000(ff) 10/15/26(oo)   1,025 1,045,955
Vistra Operations Co. LLC,          
Gtd. Notes, 144A(aa) 4.375 05/01/29   1,150 1,106,333
Gtd. Notes, 144A(aa) 5.000 07/31/27   555 550,286
     
 
Vital Energy, Inc.,
Gtd. Notes
9.750 10/15/30   175 146,968
VOC Escrow Ltd.,
Sr. Sec’d. Notes, 144A
5.000 02/15/28   650 637,000
VT Topco, Inc.,
Sr. Sec’d. Notes, 144A
8.500 08/15/30   300 313,928
Waste Pro USA, Inc.,
Sr. Unsec’d. Notes, 144A
7.000 02/01/33   350 357,984
WESCO Distribution, Inc.,          
Gtd. Notes, 144A 6.375 03/15/29   140 142,042
Gtd. Notes, 144A 6.375 03/15/33   465 471,119
Gtd. Notes, 144A 6.625 03/15/32   365 372,747
     
 
WEX, Inc.,
Gtd. Notes, 144A
6.500 03/15/33   305 296,717
White Cap Buyer LLC,
Sr. Unsec’d. Notes, 144A
6.875 10/15/28   575 558,765
Williams Scotsman, Inc.,
Sr. Sec’d. Notes, 144A
6.625 04/15/30   280 285,482
Windsor Holdings III LLC,
Sr. Sec’d. Notes, 144A(aa)
8.500 06/15/30   700 736,546
Windstream Services LLC/Windstream Escrow Finance Corp.,
Sr. Sec’d. Notes, 144A(aa)
8.250 10/01/31   860 881,794
Wolverine World Wide, Inc.,
Gtd. Notes, 144A(aa)
4.000 08/15/29   1,525 1,270,267
Wynn Resorts Finance LLC/Wynn Resorts Capital
Corp.,
         
Gtd. Notes, 144A(aa) 5.125 10/01/29   860 830,022
Gtd. Notes, 144A 6.250 03/15/33   520 503,132
30

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp., (cont’d.)          
Gtd. Notes, 144A 7.125 % 02/15/31   410  $423,194
XPO, Inc.,          
Gtd. Notes, 144A(aa) 7.125 06/01/31   250 256,008
Gtd. Notes, 144A 7.125 02/01/32   140 143,264
          258,904,387
Vietnam 0.2%
Mong Duong Finance Holdings BV,
Sr. Sec’d. Notes, 144A (aa)
5.125 05/07/29   1,167 1,115,151
Zambia 0.5%
First Quantum Minerals Ltd.,          
Gtd. Notes, 144A 6.875 10/15/27   766 755,468
Gtd. Notes, 144A(aa) 8.000 03/01/33   835 827,694
Gtd. Notes, 144A(aa) 8.625 06/01/31   575 583,445
Sec’d. Notes, 144A 9.375 03/01/29   480 504,600
          2,671,207
     
 
Total Corporate Bonds
(cost $502,911,580)
481,572,610
Floating Rate and Other Loans 6.4%
Canada 0.0%
Kronos Acquisition Holdings, Inc.,
Initial Loan 2024, 3 Month SOFR + 4.000%
8.299(c) 07/08/31   299 239,422
Jamaica 0.2%
Digicel International Finance Ltd.,
Initial Term Loan, 3 Month SOFR + 7.500%
11.780(c) 05/25/27   982 963,635
Jersey 0.8%
Aston Finco Sarl,
Term Loan, SONIA + 4.750%
9.229(c) 10/09/26 GBP 3,554 4,439,014
31
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Floating Rate and Other Loans (Continued)
Netherlands 0.8%
Cuppa Bidco BV,
Facility B-1 (EUR), 6 Month EURIBOR + 4.750%
7.327 %(c) 06/29/29 EUR 2,900  $2,924,707
International Park Holdings BV,
Term Loan, 6 Month EURIBOR + 5.500%^
8.099(c) 01/30/32   1,025 1,131,081
          4,055,788
Switzerland 0.2%
Consolidated Energy Finance SA,
2024 Incremental Term Loan, 3 Month SOFR + 4.500%
8.813(c) 11/15/30   1,065 973,799
United Kingdom 1.2%
Connect Finco Sarl,
Amendment No. 4 Term Loan, 1 Month SOFR + 4.500%
8.822(c) 09/27/29   1,187 1,062,018
Doncasters US Finance LLC,          
Initial Term Loan, 3 Month SOFR + 6.500%^ 10.799(c) 04/23/30   2,575 2,543,010
Term Loan (p) 04/01/30   180 177,975
     
 
Hurricane CleanCo Ltd.,
Facility A, 3 Month LIBOR + 6.250% (Cap N/A, Floor 0.000%)^
6.250(c) 10/31/29   907 1,244,822
IVC Acquisition Ltd.,
Term B Loan, SONIA + 5.120%
9.329(c) 12/12/28 GBP 950 1,257,203
          6,285,028
United States 3.2%
Clarios Global LP,
Amendment No. 6 Dollar Term Loan, 1 Month SOFR + 2.750%
7.072(c) 01/28/32   625 613,086
CSC Holdings LLC,
2022 Refinancing Term Loan, 1 Month SOFR + 4.500%
8.822(c) 01/18/28   3,775 3,668,732
Diamond Sports Net LLC,
First Lien Exit Term Loan
15.000 01/02/28   204 182,477
Eco Material Technologies, Inc.,
Initial Term Loan, 6 Month SOFR + 3.250%^
7.467(c) 02/12/32   587 587,000
Foundation Building Materials, Inc.,
Term Loan
(p) 01/29/31   100 92,250
32

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Floating Rate and Other Loans (Continued)
United States (cont’d.)
GFL Environmental, Inc.,
Initial Term Loan, 3 Month SOFR + 2.500%
6.819 %(c) 03/03/32   350  $344,750
Great Outdoors Group LLC,
Term B-3 Loan, 1 Month SOFR + 3.250%
7.572(c) 01/23/32   1,035 1,009,028
Heritage Power LLC,
Term Loan, 3 Month SOFR + 5.500%
9.799(c) 07/20/28   279 273,099
Hilcorp Energy I LP,
Term B Loan, 1 Month SOFR + 2.000%
6.321(c) 02/11/30   325 321,750
Level 3 Financing, Inc.,
Term B-3 Loan
(p) 03/27/32   400 398,625
LifePoint Health, Inc.,
Term B Loan, 3 Month SOFR + 3.750%
8.006(c) 05/16/31   125 122,100
Likewize Corp.,
Closing Date Term Loan, 3 Month SOFR + 5.750%
10.027(c) 08/15/29   494 476,469
Magnera Corp.,
New Term Loan, 3 Month SOFR + 4.250%
8.563(c) 11/04/31   324 309,869
McAfee Corp.,
Refinancing Tranche B-1, 1 Month SOFR + 3.000%
7.319(c) 03/01/29   1,906 1,779,154
MLN US HoldCo LLC,          
3L Term B Loan, PRIME + 10.250%^ 17.750(c) 10/18/27(d)   4 10
Initial Term Loan, 3 Month SOFR + 6.540%^ 13.668(c) 10/18/27(d)   27 27
Initial Term Loan (Second Out (First Lien Roll-Up)), PRIME + 7.700%^ 15.200(c) 10/18/27(d)   61 153
MPH Acquisition Holdings LLC,          
First Term Out Loan, 3 Month SOFR + 3.750% 8.030(c) 12/31/30   344 338,968
Second Out Term Loan, 3 Month SOFR + 4.862%^ 9.141(c) 12/31/30   434 359,138
     
 
NCR Atleos Corp.,
Term B Loan, 3 Month SOFR + 3.750%
8.030(c) 04/16/29   533 530,833
Quikrete Holdings, Inc.,
Tranche B-3 Term Loan, 1 Month SOFR + 2.250%
6.572(c) 02/10/32   375 367,207
Radiate Holdco LLC,
Amendment No. 6 Term Loan, 1 Month SOFR + 3.364%
7.686(c) 09/25/26   1,611 1,389,796
Skillsoft Finance II, Inc.,
Initial Term Loan, 1 Month SOFR + 5.364%
9.685(c) 07/14/28   1,107 942,511
SWF Holdings I Corp.,
Tranche A-1 Term Loan, 1 Month SOFR + 4.500%
8.822(c) 12/18/29   129 127,929
33
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Floating Rate and Other Loans (Continued)
United States (cont’d.)
     
Tenneco, Inc.,
Term A Loan, 3 Month SOFR + 4.850%
9.172 %(c) 11/17/28   419  $393,911
Venator Finance Sarl,          
Initial First-Out Term Loan, 3 Month SOFR + 10.000%^ 14.261(c) 12/31/25   581 551,799
Term Loan (p) 10/12/28   828 683,181
     
 
Venator Materials LLC,
First-Out B Term Loan, 3 Month SOFR + 10.000%^
15.299(c) 07/16/26   584 554,824
Vista Management Holding, Inc.,
Initial Term Loan, 3 Month SOFR + 3.750%
8.048(c) 04/01/31   150 149,250
          16,567,926
     
 
Total Floating Rate and Other Loans
(cost $33,323,604)
33,524,612
Sovereign Bonds 22.9%
Angola 0.7%
Angolan Government International Bond,          
Sr. Unsec’d. Notes 8.250 05/09/28   2,760 2,326,542
Sr. Unsec’d. Notes 8.750 04/14/32   390 300,421
Sr. Unsec’d. Notes 9.500 11/12/25   525 511,088
Sr. Unsec’d. Notes, EMTN 8.000 11/26/29   850 677,611
          3,815,662
Argentina 3.4%
Argentine Republic Government International Bond,          
Sr. Unsec’d. Notes 0.750(cc) 07/09/30   5,815 4,458,456
Sr. Unsec’d. Notes 1.000 07/09/29   1,114 898,600
Sr. Unsec’d. Notes 4.125(cc) 07/09/35   1,864 1,235,839
Sr. Unsec’d. Notes 5.000 01/09/38   13,769 9,681,500
Provincia de Buenos Aires,          
Sr. Unsec’d. Notes, 144A, MTN 6.625 09/01/37   1,208 810,226
Sr. Unsec’d. Notes, MTN 6.625(cc) 09/01/37   1,101 738,122
          17,822,743
34

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Bahrain 0.3%
Bahrain Government International Bond,          
Sr. Unsec’d. Notes(aa) 6.750 % 09/20/29   1,240  $1,253,950
Sr. Unsec’d. Notes 7.000 10/12/28   430 438,600
          1,692,550
Brazil 1.5%
Brazilian Government International Bond,          
Sr. Unsec’d. Notes(aa) 3.875 06/12/30   3,960 3,702,600
Sr. Unsec’d. Notes(aa) 5.625 01/07/41   1,500 1,329,765
Sr. Unsec’d. Notes(aa) 6.125 01/22/32   1,050 1,068,900
Sr. Unsec’d. Notes(aa) 6.625 03/15/35   1,170 1,165,905
Sr. Unsec’d. Notes(aa) 7.125 05/13/54   780 740,220
          8,007,390
Colombia 1.8%
Colombia Government International Bond,          
Sr. Unsec’d. Notes(aa) 3.000 01/30/30   3,200 2,707,200
Sr. Unsec’d. Notes(aa) 3.875 04/25/27   1,290 1,262,330
Sr. Unsec’d. Notes(aa) 4.500 03/15/29   1,770 1,659,375
Sr. Unsec’d. Notes(aa) 6.125 01/18/41   2,645 2,079,631
Sr. Unsec’d. Notes(aa) 7.375 09/18/37   780 722,280
Sr. Unsec’d. Notes 7.500 02/02/34   430 419,465
Sr. Unsec’d. Notes 8.500 04/25/35   645 655,320
          9,505,601
Costa Rica 0.3%
Costa Rica Government International Bond,          
Sr. Unsec’d. Notes 6.550 04/03/34   520 530,595
Unsec’d. Notes, 144A 7.300 11/13/54   800 811,400
          1,341,995
Dominican Republic 1.7%
Dominican Republic International Bond,          
Sr. Unsec’d. Notes 4.500 01/30/30   2,000 1,862,750
Sr. Unsec’d. Notes 5.950 01/25/27   3,000 3,009,375
Sr. Unsec’d. Notes 6.850 01/27/45   800 769,000
Sr. Unsec’d. Notes 7.450 04/30/44   2,060 2,115,363
35
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Dominican Republic (cont’d.)
Dominican Republic International Bond, (cont’d.)          
Sr. Unsec’d. Notes, 144A 5.875 % 01/30/60   855  $706,123
Sr. Unsec’d. Notes, 144A 7.050 02/03/31   320 330,080
          8,792,691
Ecuador 0.6%
Ecuador Government International Bond,          
Sr. Unsec’d. Notes 5.000(cc) 07/31/40   850 442,744
Sr. Unsec’d. Notes 6.900 07/31/30   720 538,560
Sr. Unsec’d. Notes, 144A 5.000(cc) 07/31/40   901 468,558
Sr. Unsec’d. Notes, 144A 5.500(cc) 07/31/35   1,829 1,093,178
Sr. Unsec’d. Notes, 144A 6.900 07/31/30   580 433,948
Sr. Unsec’d. Notes, 144A 5.583(s) 07/31/30   414 252,833
          3,229,821
Egypt 1.6%
Egypt Government International Bond,          
Sr. Unsec’d. Notes 7.625 05/29/32   710 597,820
Sr. Unsec’d. Notes 8.700 03/01/49   1,355 995,247
Sr. Unsec’d. Notes 8.875 05/29/50   200 148,850
Sr. Unsec’d. Notes, 144A, MTN 6.375 04/11/31 EUR 3,095 3,003,035
Sr. Unsec’d. Notes, EMTN 4.750 04/16/26 EUR 930 1,046,176
Sr. Unsec’d. Notes, EMTN 5.625 04/16/30 EUR 2,780 2,702,875
          8,494,003
El Salvador 0.5%
El Salvador Government International Bond,          
Sr. Unsec’d. Notes 8.250 04/10/32   1,510 1,478,667
Sr. Unsec’d. Notes 9.250 04/17/30   1,000 1,032,000
          2,510,667
Gabon 0.0%
Gabon Government International Bond,
Sr. Unsec’d. Notes, 144A
6.625 02/06/31   200 141,188
36

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Ghana 0.7%
Ghana Government International Bond,          
Sr. Unsec’d. Notes 5.000 %(cc) 07/03/29   1,155  $977,419
Sr. Unsec’d. Notes, 144A 5.000(cc) 07/03/29   1,521 1,287,231
Sr. Unsec’d. Notes, 144A 5.000(cc) 07/03/35   2,083 1,385,461
Sr. Unsec’d. Notes, 144A 4.710(s) 07/03/26   109 102,648
Sr. Unsec’d. Notes, 144A 4.959(s) 01/03/30   229 172,446
          3,925,205
Guatemala 0.2%
Guatemala Government Bond,          
Sr. Unsec’d. Notes 4.375 06/05/27   590 578,532
Sr. Unsec’d. Notes 4.900 06/01/30   450 434,700
Sr. Unsec’d. Notes 6.125 06/01/50   300 266,475
          1,279,707
Honduras 0.2%
Honduras Government International Bond,
Sr. Unsec’d. Notes
6.250 01/19/27   930 920,322
Ivory Coast 1.3%
Ivory Coast Government International Bond,          
Sr. Unsec’d. Notes 4.875 01/30/32 EUR 1,120 1,089,804
Sr. Unsec’d. Notes 5.250 03/22/30 EUR 2,480 2,609,996
Sr. Unsec’d. Notes 5.875 10/17/31 EUR 1,245 1,279,936
Sr. Unsec’d. Notes 6.875 10/17/40 EUR 1,460 1,327,304
Sr. Unsec’d. Notes, 144A 7.625 01/30/33   375 350,156
Sr. Unsec’d. Notes, 144A 8.075 04/01/36   410 375,662
          7,032,858
Jordan 0.1%
Jordan Government International Bond,
Sr. Unsec’d. Notes, 144A
7.500 01/13/29   515 512,909
Kenya 0.0%
Republic of Kenya Government International Bond,
Sr. Unsec’d. Notes, 144A
9.500 03/05/36   245 213,028
37
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Lebanon 0.3%
Lebanon Government International Bond,          
Sr. Unsec’d. Notes, EMTN 6.100 % 10/04/22(d)   2,000  $337,000
Sr. Unsec’d. Notes, GMTN 6.250 05/27/22(d)   2,550 429,675
Sr. Unsec’d. Notes, GMTN 6.650 11/03/28(d)   275 46,338
Sr. Unsec’d. Notes, Series 15Y 6.750 11/29/27(d)   450 75,825
Sr. Unsec’d. Notes, Series 15Y 7.000 03/23/32(d)   2,345 395,132
Sr. Unsec’d. Notes, Series 20Y 7.250 03/23/37(d)   725 122,162
          1,406,132
Mongolia 0.1%
Mongolia Government International Bond,          
Sr. Unsec’d. Notes, 144A 6.625 02/25/30   275 264,000
Sr. Unsec’d. Notes, 144A 7.875 06/05/29   205 207,358
          471,358
Morocco 0.3%
Morocco Government International Bond,          
Sr. Unsec’d. Notes 6.500 09/08/33   790 815,675
Sr. Unsec’d. Notes, 144A 6.500 09/08/33   495 511,087
          1,326,762
Nigeria 0.2%
Nigeria Government International Bond,          
Sr. Unsec’d. Notes 7.143 02/23/30   285 246,177
Sr. Unsec’d. Notes 7.875 02/16/32   600 511,650
Sr. Unsec’d. Notes, EMTN 6.500 11/28/27   250 234,500
          992,327
Oman 0.8%
Oman Government International Bond,          
Sr. Unsec’d. Notes 5.625 01/17/28   1,525 1,540,258
Sr. Unsec’d. Notes 6.500 03/08/47   1,120 1,105,966
Sr. Unsec’d. Notes 6.750 01/17/48   720 725,400
Sr. Unsec’d. Notes, EMTN 6.000 08/01/29   1,015 1,044,821
          4,416,445
38

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Pakistan 0.6%
Pakistan Government International Bond,          
Sr. Unsec’d. Notes 6.875 % 12/05/27   600  $526,800
Sr. Unsec’d. Notes 8.250 09/30/25   490 480,813
Sr. Unsec’d. Notes, 144A 8.250 09/30/25   610 598,562
Sr. Unsec’d. Notes, EMTN 6.000 04/08/26   1,070 1,003,125
Sr. Unsec’d. Notes, EMTN 7.375 04/08/31   460 361,100
          2,970,400
Paraguay 0.4%
Paraguay Government International Bond,          
Sr. Unsec’d. Notes 6.100 08/11/44   950 893,000
Sr. Unsec’d. Notes, 144A 6.000 02/09/36   800 804,800
Sr. Unsec’d. Notes, 144A 6.650 03/04/55   200 197,775
          1,895,575
Romania 0.7%
Romanian Government International Bond,
Sr. Unsec’d. Notes, 144A
7.125 01/17/33   3,374 3,399,710
Senegal 0.1%
Senegal Government International Bond,          
Sr. Unsec’d. Notes 4.750 03/13/28 EUR 450 426,943
Sr. Unsec’d. Notes 5.375 06/08/37 EUR 460 326,346
          753,289
Serbia 0.9%
Serbia International Bond,          
Sr. Unsec’d. Notes 1.500 06/26/29 EUR 1,490 1,511,708
Sr. Unsec’d. Notes 3.125 05/15/27 EUR 1,820 2,036,659
Sr. Unsec’d. Notes, 144A 6.500 09/26/33   1,170 1,205,831
          4,754,198
South Africa 0.4%
Republic of South Africa Government International
Bond,
         
Sr. Unsec’d. Notes(aa) 4.850 09/30/29   1,000 941,250
39
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
South Africa (cont’d.)
Republic of South Africa Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes 7.300 % 04/20/52   200  $169,900
Sr. Unsec’d. Notes, 144A(aa) 7.950 11/19/54   1,120 1,011,640
          2,122,790
Sri Lanka 0.3%
Sri Lanka Government International Bond,          
Sr. Unsec’d. Notes, 144A 3.100(cc) 01/15/30   185 150,949
Sr. Unsec’d. Notes, 144A 3.350(cc) 03/15/33   747 526,505
Sr. Unsec’d. Notes, 144A 3.600(cc) 06/15/35   246 157,668
Sr. Unsec’d. Notes, 144A 3.600(cc) 05/15/36   478 328,930
Sr. Unsec’d. Notes, 144A 3.600(cc) 02/15/38   322 223,006
Sr. Unsec’d. Notes, 144A 4.000 04/15/28   174 160,879
          1,547,937
Turkey 2.0%
Turkiye Government International Bond,          
Sr. Unsec’d. Notes(aa) 7.125 07/17/32   1,570 1,529,180
Sr. Unsec’d. Notes(aa) 9.125 07/13/30   1,625 1,761,500
Sr. Unsec’d. Notes, Series 06Y(aa) 9.375 03/14/29   510 549,308
Sr. Unsec’d. Notes, Series 10Y(aa) 5.950 01/15/31   1,660 1,551,585
Sr. Unsec’d. Notes, Series 10Y(aa) 7.625 05/15/34   1,195 1,187,938
Sr. Unsec’d. Notes, Series 10Y(aa) 9.375 01/19/33   1,650 1,807,740
Sr. Unsec’d. Notes, Series 30Y(aa) 5.750 05/11/47   2,115 1,520,685
     
 
Turkiye Ihracat Kredi Bankasi A/S,
Sr. Unsec’d. Notes, 144A, MTN(aa)
9.000 01/28/27   490 508,223
          10,416,159
Ukraine 0.4%
Ukraine Government International Bond,          
Sr. Unsec’d. Notes 0.000(cc) 02/01/35   680 338,300
Sr. Unsec’d. Notes 1.750(cc) 02/01/29   170 103,105
Sr. Unsec’d. Notes 1.750(cc) 02/01/34   240 118,440
Sr. Unsec’d. Notes, 144A 0.000(cc) 02/01/30   172 83,691
Sr. Unsec’d. Notes, 144A 0.000(cc) 02/01/34   643 241,066
Sr. Unsec’d. Notes, 144A 0.000(cc) 02/01/35   543 270,266
Sr. Unsec’d. Notes, 144A 1.750(cc) 02/01/29   279 169,298
40

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Ukraine (cont’d.)
Ukraine Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes, 144A 1.750 %(cc) 02/01/34   950  $468,705
Sr. Unsec’d. Notes, 144A 1.750(cc) 02/01/35   610 297,284
Sr. Unsec’d. Notes, 144A 1.750(cc) 02/01/36   515 247,687
          2,337,842
United Arab Emirates 0.2%
Finance Department Government of Sharjah,
Sr. Unsec’d. Notes, 144A
6.500 11/23/32   950 988,891
Zambia 0.3%
Zambia Government International Bond,          
Unsec’d. Notes 5.750(cc) 06/30/33   564 486,971
Unsec’d. Notes, 144A 0.500 12/31/53   382 216,649
Unsec’d. Notes, 144A 5.750(cc) 06/30/33   855 739,194
          1,442,814
     
 
Total Sovereign Bonds
(cost $127,149,665)
120,480,969
U.S. Treasury Obligations(h)(k) 0.5%
U.S. Treasury Notes(aa) 3.500 09/30/26   550 548,217
U.S. Treasury Notes(aa) 4.250 11/30/26   1,950 1,966,301
     
 
Total U.S. Treasury Obligations
(cost $2,493,443)
2,514,518
    
      Shares  
Common Stocks 1.9%
Jamaica 0.2%
Digicel International Finance Ltd.*       171,102 1,197,714
Luxembourg 0.3%
Intelsat Emergence SA*       40,161 1,611,460
41
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Common Stocks (Continued)
United States 1.4%
Cornerstone Chemical Co.*^       50,669  $390,151
Diamond Sports Group LLC*       30,779 440,140
Expand Energy Corp.       4,885 507,552
Ferrellgas Partners LP (Class B Stock)*(x)       10,866 1,773,470
GenOn Energy Holdings, Inc. (Class A Stock)*^(x)       14,397 431,910
Heritage Power LLC*(x)       37,551 1,868,162
Heritage Power LLC*(x)       1,652 82,187
Heritage Power LLC*^(x)       43,215 21,608
TPC Group, Inc.*^       48,777 975,540
Venator Materials PLC*^(x)       2,352 588,000
          7,078,720
     
 
Total Common Stocks
(cost $6,924,973)
9,887,894
Preferred Stocks 0.0%
Jamaica 0.0%
Digicel International Finance Ltd.*^
      11,188 129,096
United States 0.0%
Ferrellgas Escrow LLC, 8.956%, Maturing 03/30/31^(x)
      123 123,000
     
 
Total Preferred Stocks
(cost $163,910)
252,096
    
      Units  
Warrants* 0.0%
United States 
Diamond Sports Group LLC, expiring 06/30/26
(cost $0)
      57,566 15,589
 
Total Long-Term Investments
(cost $677,293,251)
652,600,335
    
42

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Description     Shares Value
Short-Term Investment 0.4%
Affiliated Mutual Fund 0.4%
PGIM Core Government Money Market Fund (7-day effective yield 4.478%)
(cost $1,822,128)(wb)
    1,822,128  $1,822,128
     
 
 
Total Short-Term Investment
(cost $1,822,128)
1,822,128
     
 
TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN124.3%
(cost $679,115,379)
654,422,463
Options Written*~ (0.0)%
(premiums received $34,610) (25,058)
 
TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN124.3%
(cost $679,080,769)
654,397,405
Liabilities in excess of other assets(z) (24.3)% (127,738,806)
 
Net Assets 100.0% $526,658,599

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.
BARC—Barclays Bank PLC
BNP—BNP Paribas S.A.
BOA—Bank of America, N.A.
CDX—Credit Derivative Index
CLO—Collateralized Loan Obligation
CPI—Consumer Price Index
DAC—Designated Activity Company
EMTN—Euro Medium Term Note
EURIBOR—Euro Interbank Offered Rate
GMTN—Global Medium Term Note
GSI—Goldman Sachs International
HSBC—HSBC Bank PLC
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
N/A—Not Applicable
OTC—Over-the-counter
PIK—Payment-in-Kind
Q—Quarterly payment frequency for swaps
43
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
SOFR—Secured Overnight Financing Rate
SONIA—Sterling Overnight Index Average
SSB—State Street Bank & Trust Company
T—Swap payment upon termination
TD—The Toronto-Dominion Bank
    
* Non-income producing security.
# Principal or notional amount is shown in U.S. dollars unless otherwise stated.
~ See tables subsequent to the Schedule of Investments for options detail. Options with maturity dates greater than one year from date of acquisition would be considered long-term investments.
^ Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $9,631,169 and 1.8% of net assets. 
(aa) Represents security, or a portion thereof, with aggregate value of $301,975,453 segregated as collateral for amount of $135,000,000 borrowed and outstanding as of April 30, 2025.
(c) Variable rate instrument. The interest rate shown reflects the rate in effect at April 30, 2025.
(cc) Variable rate instrument. The rate shown is based on the latest available information as of April 30, 2025. 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.
(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.
(h) Represents security, or a portion thereof, segregated as collateral for OTC derivatives.
(k) Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives.
(oo) Perpetual security. Maturity date represents next call date.
(p) Represents a security with a delayed settlement and therefore the interest rate is not available until settlement which is after the period end.
(s) Represents zero coupon bond or principal only security. Rate represents yield to maturity at purchase date.
(wb) Represents an investment in a Fund affiliated with the Manager. 
(x) The following represents restricted securities that are 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.
(x) Restricted Securities:
Issuer Description   Acquisition
Date
  Original
Cost
  Market
Value
  Percentage
of
Net Assets
Ferrellgas Escrow LLC, 8.956%^03/30/31   06/26/24    $124,230    $123,000   0.0 %
Ferrellgas Partners LP (Class B Stock)*   09/15/15-07/26/24   2,827,347   1,773,470   0.3
GenOn Energy Holdings, Inc. (Class A Stock)*^   02/28/19   1,545,243   431,910   0.1
Heritage Power LLC*   11/21/23   388,882   1,868,162   0.3
Heritage Power LLC*   11/21/23     82,187   0.0
Heritage Power LLC*^   11/21/23   21,608   21,608   0.0
Radiate Holdco LLC/Radiate Finance, Inc., Sr. Sec’d. Notes, 144A(aa), 4.500%, 09/15/26   09/11/20   1,000,000   864,465   0.2
Radiate Holdco LLC/Radiate Finance, Inc., Sr. Unsec’d. Notes, 144A(aa), 6.500%, 09/15/28   09/11/20-11/23/22   1,284,088   989,877   0.2
44

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Issuer Description   Acquisition
Date
  Original
Cost
  Market
Value
  Percentage
of
Net Assets
Sherwood Financing PLC (United Kingdom), Sr. Sec’d. Notes, 144A(aa), 6.000%, 11/15/26   10/27/21    $1,439,865    $1,387,091   0.3 %
Venator Materials PLC*^   03/08/19-10/19/23   2,477,338   588,000   0.1
Total       $11,108,601   $8,129,770   1.5%
(z) Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments:
Unfunded loan commitments outstanding at April 30, 2025:
Borrower   Principal
Amount
(000)#
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
SWF Holdings I Corp., Delayed Draw Term Loan, 2.250%, Maturity Date 12/19/29 (cost $171,428)    171   $170,571   $—   $(857)
Options Written:
OTC Swaptions
Description   Call/
Put
  Counterparty   Expiration
Date
  Strike   Receive   Pay   Notional
Amount
(000)#
  Value
CDX.NA.HY.43.V1, 12/20/29   Put   GSI   05/21/25   $102.00   5.00%(Q)   CDX.NA.HY. 43.V1(Q)     3,290    $(10,200)
CDX.NA.HY.43.V1, 12/20/29   Put   GSI   06/18/25   $101.00   5.00%(Q)   CDX.NA.HY. 43.V1(Q)     2,890   (14,858)
Total Options Written (premiums received $34,610)       $(25,058)
Futures contracts outstanding at April 30, 2025:
Number
of
Contracts
  Type   Expiration
Date
  Current
Notional
Amount
  Value /
Unrealized
Appreciation
(Depreciation)
Long Positions:
119   2 Year U.S. Treasury Notes   Jun. 2025    $24,769,664    $176,715
97   5 Year Euro-Bobl   Jun. 2025   13,145,716   103,169
192   5 Year U.S. Treasury Notes   Jun. 2025   20,965,500   245,084
171   10 Year U.S. Treasury Notes   Jun. 2025   19,189,406   297,825
66   20 Year U.S. Treasury Bonds   Jun. 2025   7,697,250   118,743
29   30 Year U.S. Ultra Treasury Bonds   Jun. 2025   3,509,906   18,966
120   Euro Schatz Index   Jun. 2025   14,623,281   71,963
                1,032,465
45
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Futures contracts outstanding at April 30, 2025 (continued):
Number
of
Contracts
  Type   Expiration
Date
  Current
Notional
Amount
  Value /
Unrealized
Appreciation
(Depreciation)
Short Positions:
2   10 Year Euro-Bund   Jun. 2025    $298,574    $1,312
64   10 Year U.K. Gilt   Jun. 2025   7,976,583   (136,676)
                (135,364)
                $897,101
 Forward foreign currency exchange contracts outstanding at April 30, 2025:
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 05/02/25   BARC   GBP 310    $401,603    $413,166    $11,563    $
Expiring 05/02/25   JPM   GBP 197   253,287   262,072   8,785  
Expiring 05/02/25   MSI   GBP 32,352   43,092,664   43,115,227   22,563  
Expiring 06/03/25   HSBC   GBP 236   316,372   314,297     (2,075)
Euro,
Expiring 05/02/25   BNP   EUR 71,642   81,379,683   81,169,635     (210,048)
Expiring 05/02/25   JPM   EUR 1,681   1,843,597   1,904,597   61,000  
Expiring 05/02/25   SSB   EUR 654   743,334   741,029     (2,305)
Expiring 05/02/25   TD   EUR 1,593   1,723,808   1,805,089   81,281  
Expiring 06/03/25   JPM   EUR 476   544,293   540,317     (3,976)
              $130,298,641   $130,265,429   185,192   (218,404)
    
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 05/02/25   BOA   GBP 32,859    $42,564,927    $43,790,465    $   $(1,225,538)
Expiring 06/03/25   MSI   GBP 32,352   43,096,773   43,120,534     (23,761)
Expiring 06/03/25   MSI   GBP 543   725,564   723,930   1,634  
Euro,
Expiring 05/02/25   BNP   EUR 71,505   77,263,561   81,014,144     (3,750,583)
Expiring 05/02/25   HSBC   EUR 2,062   2,278,652   2,335,708     (57,056)
Expiring 05/02/25   HSBC   EUR 1,265   1,368,020   1,433,648     (65,628)
46

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
Forward foreign currency exchange contracts outstanding at April 30, 2025 (continued):
Sale
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Euro (cont’d.),
Expiring 05/02/25   MSI   EUR 739    $802,706    $836,851    $   $(34,145)
Expiring 06/03/25   BNP   EUR 71,642   81,536,650   81,328,313   208,337  
              $249,636,853   $254,583,593   209,971   (5,156,711)
                      $395,163   $(5,375,115)
Credit default swap agreements outstanding at April 30, 2025:
Reference
Entity/
Obligation
Termination
Date
  Fixed
Rate
  Notional
Amount
(000)#(3)
  Implied Credit
Spread at
April 30,
2025(4)
  Value at
Trade Date
  Value at
April 30,
2025
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swap Agreements on credit indices - Sell Protection(2):
CDX.NA.HY.44.V1 06/20/30   5.000%(Q)     6,198   4.123%    $117,191    $260,446    $143,255
CDX.NA.IG.44.V1 06/20/30   1.000%(Q)     8,200   0.682%   157,339   130,464   (26,875)
                      $274,530   $390,910   $116,380
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.
47
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2025
(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.
    
Total return swap agreements outstanding at April 30, 2025:
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 US Dollar Liquid Investment Grade Index(T)   1 Day SOFR(Q)/ 4.410%   BNP   09/22/25   (3,770)    $8,158    $—    $8,158
iBoxx US Dollar Liquid Investment Grade Index(T)   1 Day SOFR(Q)/ 4.410%   MSI   12/20/25   (3,000)   (40,471)     (40,471)
                    $(32,313)   $—   $(32,313)
(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).
48