PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Long-Term Investments 124.3%          
Asset-Backed Securities 1.8%
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%)
6.406 %(c) 07/15/30   2,415  $2,422,706
Carlyle Global Market Strategies CLO Ltd.,
Series 2014-01A, Class A1R2, 144A, 3 Month SOFR + 1.232% (Cap N/A, Floor 0.970%)
5.879(c) 04/17/31   883 884,607
Madison Park Funding Ltd.,
Series 2015-18A, Class ARR, 144A, 3 Month SOFR + 1.202% (Cap N/A, Floor 0.940%)
5.819(c) 10/21/30   3,583 3,590,672
OFSI BSL Ltd.,
Series 2023-12A, Class A1, 144A, 3 Month SOFR + 2.400% (Cap N/A, Floor 2.400%)
7.017(c) 01/20/35   2,500 2,503,879
Voya CLO Ltd.,
Series 2013-02A, Class A1R, 144A, 3 Month SOFR + 1.232% (Cap N/A, Floor 0.970%)
5.857(c) 04/25/31   579 579,161
     
 
Total Asset-Backed Securities
(cost $9,913,342)
9,981,025
Convertible Bond 0.0%
China 
Sunac China Holdings Ltd.,
Sr. Sec’d. Notes, 144A
(cost $29,830)
1.000 09/30/32   196 19,640
Corporate Bonds 93.8%
Argentina 0.7%
Pan American Energy LLC,
Gtd. Notes, 144A
8.500 04/30/32   1,850 1,951,177
Telecom Argentina SA,
Sr. Unsec’d. Notes, 144A
9.500 07/18/31   265 274,275
Transportadora de Gas del Sur SA,
Sr. Unsec’d. Notes, 144A
8.500 07/24/31   500 517,250
YPF SA,          
Sr. Sec’d. Notes, 144A 9.500 01/17/31   700 734,650
Sr. Unsec’d. Notes, 144A 8.500 03/23/25   58 57,717
          3,535,069
1
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Australia 0.5%
APA Infrastructure Ltd.,
Gtd. Notes, EMTN(aa)
7.125 %(ff) 11/09/83 EUR 1,103  $1,306,570
Coronado Finance Pty Ltd.,
Sr. Sec’d. Notes, 144A
9.250 10/01/29   695 710,797
Mineral Resources Ltd.,
Sr. Unsec’d. Notes, 144A
9.250 10/01/28   650 684,684
          2,702,051
Brazil 3.3%
Ambipar Lux Sarl,
Gtd. Notes, 144A
9.875 02/06/31   750 767,580
Braskem Netherlands Finance BV,          
Gtd. Notes(aa) 4.500 01/31/30   2,000 1,735,500
Gtd. Notes, 144A(aa) 8.500 01/12/31   815 842,710
     
 
Centrais Eletricas Brasileiras SA,
Sr. Unsec’d. Notes, 144A(aa)
6.500 01/11/35   1,100 1,076,900
Cosan Luxembourg SA,
Gtd. Notes, 144A
7.250 06/27/31   600 609,750
CSN Inova Ventures,
Gtd. Notes
6.750 01/28/28   750 716,953
CSN Resources SA,
Gtd. Notes, 144A
8.875 12/05/30   1,000 1,003,010
Globo Comunicacao e Participacoes SA,
Sr. Unsec’d. Notes(aa)
4.875 01/22/30   1,000 915,000
Karoon USA Finance, Inc.,
Sr. Sec’d. Notes, 144A(aa)
10.500 05/14/29   1,000 1,030,940
LD Celulose International GmbH,
Sr. Sec’d. Notes, 144A
7.950 01/26/32   270 275,940
Light Servicos de Eletricidade SA/Light Energia SA,
Gtd. Notes, 144A
4.375 06/18/26(d)   1,500 886,245
MARB BondCo PLC,
Gtd. Notes, 144A(aa)
3.950 01/29/31   1,330 1,147,790
Minerva Luxembourg SA,
Gtd. Notes, 144A
8.875 09/13/33   1,000 1,045,000
NBM US Holdings, Inc.,
Gtd. Notes, 144A(aa)
7.000 05/14/26   1,000 1,001,250
Nexa Resources SA,          
Gtd. Notes 6.500 01/18/28   1,000 1,020,000
Gtd. Notes, 144A 6.750 04/09/34   375 385,312
2

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
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  $484,345
Gtd. Notes(aa) 6.500 07/03/33   1,165 1,185,516
     
 
Rumo Luxembourg Sarl,
Gtd. Notes
5.250 01/10/28   800 782,400
Tupy Overseas SA,
Gtd. Notes
4.500 02/16/31   1,000 866,500
          17,778,641
Canada 3.8%
1011778 BC ULC/New Red Finance, Inc.,          
Sec’d. Notes, 144A(aa) 4.000 10/15/30   700 630,350
Sr. Sec’d. Notes, 144A(aa) 3.500 02/15/29   590 545,012
Sr. Sec’d. Notes, 144A 3.875 01/15/28   250 238,278
Bombardier, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 6.000 02/15/28   1,800 1,791,612
Sr. Unsec’d. Notes, 144A 7.000 06/01/32   335 342,226
Sr. Unsec’d. Notes, 144A(aa) 7.125 06/15/26   276 279,105
Sr. Unsec’d. Notes, 144A 7.250 07/01/31   515 530,450
Sr. Unsec’d. Notes, 144A(aa) 7.500 02/01/29   900 936,702
Sr. Unsec’d. Notes, 144A(aa) 7.875 04/15/27   1,135 1,136,419
Sr. Unsec’d. Notes, 144A(aa) 8.750 11/15/30   1,080 1,167,750
Brookfield Residential Properties, Inc./Brookfield
Residential US LLC,
         
Gtd. Notes, 144A(aa) 4.875 02/15/30   1,275 1,182,562
Sr. Unsec’d. Notes, 144A 5.000 06/15/29   475 445,906
     
 
Empire Communities Corp.,
Sr. Unsec’d. Notes, 144A
9.750 05/01/29   645 671,290
goeasy Ltd.,          
Gtd. Notes, 144A 6.875 05/15/30   425 428,187
Sr. Unsec’d. Notes, 144A 7.625 07/01/29   25 25,589
Hudbay Minerals, Inc.,          
Gtd. Notes, 144A 4.500 04/01/26   575 567,094
Gtd. Notes, 144A(aa) 6.125 04/01/29   1,210 1,216,050
Kronos Acquisition Holdings, Inc.,          
Sr. Sec’d. Notes, 144A 8.250 06/30/31   445 439,108
Sr. Unsec’d. Notes, 144A(aa) 10.750 06/30/32   970 902,187
     
 
Mattamy Group Corp.,
Sr. Unsec’d. Notes, 144A(aa)
4.625 03/01/30   1,125 1,050,570
3
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Canada (cont’d.)
     
New Gold, Inc.,
Gtd. Notes, 144A(aa)
7.500 % 07/15/27   1,245  $1,262,119
Northriver Midstream Finance LP,
Sr. Sec’d. Notes, 144A
6.750 07/15/32   105 107,756
Parkland Corp.,          
Gtd. Notes, 144A(aa) 4.500 10/01/29   1,625 1,509,219
Sr. Unsec’d. Notes, 144A 6.625 08/15/32   290 288,550
Precision Drilling Corp.,          
Gtd. Notes, 144A 6.875 01/15/29   250 248,750
Gtd. Notes, 144A(aa) 7.125 01/15/26   398 397,503
Ritchie Bros Holdings, Inc.,          
Gtd. Notes, 144A 7.750 03/15/31   265 279,575
Sr. Sec’d. Notes, 144A 6.750 03/15/28   150 153,375
     
 
Superior Plus LP/Superior General Partner, Inc.,
Gtd. Notes, 144A(aa)
4.500 03/15/29   1,700 1,562,096
Taseko Mines Ltd.,
Sr. Sec’d. Notes, 144A
8.250 05/01/30   235 242,086
Wrangler Holdco Corp.,
Gtd. Notes, 144A
6.625 04/01/32   205 209,100
          20,786,576
Cayman Islands 0.1%
Azorra Finance Ltd.,
Gtd. Notes, 144A
7.750 04/15/30   440 434,762
Chile 0.5%
Falabella SA,
Sr. Unsec’d. Notes(aa)
3.375 01/15/32   1,000 822,500
Mercury Chile Holdco LLC,
Sr. Sec’d. Notes, 144A(aa)
6.500 01/24/27   1,000 993,030
VTR Comunicaciones SpA,
Sr. Sec’d. Notes
4.375 04/15/29   1,000 875,000
          2,690,530
China 0.2%
Agile Group Holdings Ltd.,
Sr. Sec’d. Notes
6.050 10/13/25(d)   1,120 102,200
4

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
China (cont’d.)
Country Garden Holdings Co. Ltd.,
Sr. Sec’d. Notes
6.150 % 09/17/25(d)   1,620  $155,925
Franshion Brilliant Ltd.,
Gtd. Notes
4.250 07/23/29   200 167,408
Sunac China Holdings Ltd.,          
Sr. Sec’d. Notes, 144A, Cash coupon 2.000% and PIK 4.000% 6.000 09/30/26   167 28,788
Sr. Sec’d. Notes, 144A, Cash coupon 2.000% and PIK 4.250% 6.250 09/30/27   167 27,295
Sr. Sec’d. Notes, 144A, Cash coupon 2.000% and PIK 4.500% 6.500 09/30/27   335 51,148
Sr. Sec’d. Notes, 144A, Cash coupon 2.000% and PIK 5.000% 7.000 09/30/29   506 71,109
Sr. Sec’d. Notes, 144A, Cash coupon 2.000% and PIK 5.250% 7.250 09/30/30   238 32,137
     
 
West China Cement Ltd.,
Gtd. Notes
4.950 07/08/26   200 151,400
Yuzhou Group Holdings Co. Ltd.,          
Sr. Sec’d. Notes 7.700 02/20/25(d)   900 67,500
Sr. Sec’d. Notes 8.500 02/26/24(d)   400 30,000
          884,910
Colombia 1.1%
AI Candelaria Spain SA,
Sr. Sec’d. Notes, 144A(aa)
5.750 06/15/33   1,440 1,162,080
Bancolombia SA,
Sub. Notes(aa)
8.625(ff) 12/24/34   750 779,910
Colombia Telecomunicaciones SA ESP,
Sr. Unsec’d. Notes
4.950 07/17/30   300 258,600
Ecopetrol SA,          
Sr. Unsec’d. Notes 4.625 11/02/31   500 412,000
Sr. Unsec’d. Notes(aa) 6.875 04/29/30   1,400 1,363,180
Sr. Unsec’d. Notes 8.875 01/13/33   690 705,318
     
 
SierraCol Energy Andina LLC,
Gtd. Notes, 144A(aa)
6.000 06/15/28   1,700 1,542,104
          6,223,192
5
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Costa Rica 0.1%
Autopistas del Sol SA,
Sr. Sec’d. Notes
7.375 % 12/30/30   270  $266,174
Instituto Costarricense de Electricidad,
Sr. Unsec’d. Notes, 144A
6.750 10/07/31   270 277,846
          544,020
Finland 0.2%
Amer Sports Co.,
Sr. Sec’d. Notes, 144A (aa)
6.750 02/16/31   1,275 1,291,575
France 2.0%
Cerba Healthcare SACA,
Sr. Sec’d. Notes(aa)
3.500 05/31/28 EUR 1,370 1,235,688
Chrome Holdco SAS,
Gtd. Notes
5.000 05/31/29 EUR 805 551,599
Emeria SASU,          
Sr. Sec’d. Notes(aa) 7.750 03/31/28 EUR 1,125 1,160,575
Sr. Sec’d. Notes, 144A(aa) 7.750 03/31/28 EUR 1,500 1,547,433
     
 
Eutelsat SA,
Sr. Unsec’d. Notes(aa)
9.750 04/13/29 EUR 3,025 3,369,497
Iliad Holding SASU,          
Sr. Sec’d. Notes(aa) 6.875 04/15/31 EUR 2,400 2,775,590
Sr. Sec’d. Notes, 144A 8.500 04/15/31   395 419,304
          11,059,686
Ghana 0.3%
Tullow Oil PLC,
Sr. Sec’d. Notes, 144A (aa)
10.250 05/15/26   1,516 1,392,825
Guatemala 0.7%
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL,
Gtd. Notes
5.250 04/27/29   1,000 960,000
CT Trust,
Sr. Sec’d. Notes, 144A
5.125 02/03/32   1,160 1,051,250
6

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Guatemala (cont’d.)
Millicom International Cellular SA,          
Sr. Unsec’d. Notes, 144A 4.500 % 04/27/31   1,200  $1,077,000
Sr. Unsec’d. Notes, 144A 7.375 04/02/32   500 510,750
          3,599,000
India 2.1%
Clean Renewable Power Mauritius Pte Ltd.,
Sr. Sec’d. Notes, 144A
4.250 03/25/27   1,110 1,059,752
Delhi International Airport Ltd.,
Sr. Sec’d. Notes, 144A(aa)
6.450 06/04/29   1,205 1,238,138
GMR Hyderabad International Airport Ltd.,
Sr. Sec’d. Notes(aa)
4.250 10/27/27   1,460 1,398,406
Greenko Power II Ltd.,
Sr. Sec’d. Notes
4.300 12/13/28   868 809,083
HDFC Bank Ltd.,
Jr. Sub. Notes, 144A(aa)
3.700(ff) 08/25/26(oo)   2,135 2,031,687
HPCL-Mittal Energy Ltd.,
Sr. Unsec’d. Notes(aa)
5.250 04/28/27   2,000 1,972,500
India Cleantech Energy,
Sec’d. Notes
4.700 08/10/26   698 676,915
Periama Holdings LLC,
Gtd. Notes
5.950 04/19/26   200 199,498
Vedanta Resources Finance II PLC,          
Gtd. Notes 13.875 12/09/28   1,107 1,111,749
Gtd. Notes, 144A 10.875 09/17/29   890 914,261
          11,411,989
Ireland 0.2%
GGAM Finance Ltd.,          
Gtd. Notes, 144A 6.875 04/15/29   150 152,813
Gtd. Notes, 144A 8.000 02/15/27   275 283,110
Sr. Unsec’d. Notes, 144A 5.875 03/15/30   350 345,187
Sr. Unsec’d. Notes, 144A 8.000 06/15/28   150 157,674
          938,784
7
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Israel 0.6%
Energean Israel Finance Ltd.,          
Sr. Sec’d. Notes, 144A(aa) 5.375 % 03/30/28   2,250  $2,025,000
Sr. Sec’d. Notes, 144A 5.875 03/30/31   500 425,450
     
 
Leviathan Bond Ltd.,
Sr. Sec’d. Notes, 144A(aa)
6.750 06/30/30   1,110 1,017,213
          3,467,663
Italy 0.8%
Bubbles Holdco SpA,
Sr. Sec’d. Notes, 144A(aa)
6.500 09/30/31 EUR 1,950 2,118,991
Fiber Bidco SpA,
Sr. Sec’d. Notes, 144A
6.125 06/15/31 EUR 850 907,179
Fiber Midco SpA,
Sr. Unsec’d. Notes, 144A(aa)
10.000 06/15/29 EUR 1,375 1,549,410
          4,575,580
Jamaica 0.5%
Digicel Group Holdings Ltd.,          
Sr. Sec’d. Notes, Series 1B14, 144A (original cost $14; purchased 11/14/23)^(f) 0.000 12/31/30   137 10,203
Sr. Sec’d. Notes, Series 3A14, 144A (original cost $804; purchased 11/14/23)^(f) 0.000 12/31/30   —(r) 351
Sr. Sec’d. Notes, Series 3B14, 144A (original cost $4; purchased 11/14/23)^(f) 0.000 12/31/30   43 294
     
 
Digicel Intermediate Holdings Ltd./Digicel International Finance Ltd./DIFL US LLC,
Sr. Sec’d. Notes, Cash coupon 9.000% and PIK 1.500% (original cost $1,768,803; purchased 01/29/24 - 05/15/24)(f)
10.500 05/25/27   1,904 1,916,318
Digicel MidCo Ltd./DIFL US II LLC,
Sr. Unsec’d. Notes, PIK 10.500% (original cost $645,971; purchased 01/30/24 - 05/15/24)(f)
10.500 11/25/28   985 911,682
          2,838,848
Japan 0.3%
SoftBank Group Corp.,
Sr. Unsec’d. Notes (aa)
3.875 07/06/32 EUR 1,400 1,399,225
8

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Kuwait 0.2%
Kuwait Projects Co. SPC Ltd.,
Gtd. Notes
4.229 % 10/29/26   925  $858,520
Luxembourg 1.4%
Altice Financing SA,          
Sr. Sec’d. Notes 3.000 01/15/28 EUR 2,800 2,548,946
Sr. Sec’d. Notes, 144A 2.250 01/15/25 EUR 475 509,701
     
 
Galapagos SA,
Sr. Sec’d. Notes
0.000(cc) 06/15/21(d) EUR 315 1,711
Herens Midco Sarl,
Gtd. Notes
5.250 05/15/29 EUR 1,481 1,213,607
Monitchem HoldCo 3 SA,
Sr. Sec’d. Notes
8.750 05/01/28 EUR 2,825 3,111,920
          7,385,885
Macau 0.4%
MGM China Holdings Ltd.,          
Sr. Unsec’d. Notes, 144A 4.750 02/01/27   525 506,772
Sr. Unsec’d. Notes, 144A 5.250 06/18/25   325 323,172
     
 
Studio City Finance Ltd.,
Gtd. Notes, 144A
5.000 01/15/29   600 540,776
Wynn Macau Ltd.,
Sr. Unsec’d. Notes, 144A
5.625 08/26/28   925 888,046
          2,258,766
Mexico 5.0%
Banco Mercantil del Norte SA,          
Jr. Sub. Notes 7.500(ff) 06/27/29(oo)   600 592,500
Jr. Sub. Notes, 144A(aa) 6.625(ff) 01/24/32(oo)   1,485 1,349,958
     
 
Braskem Idesa SAPI,
Sr. Sec’d. Notes, 144A(aa)
7.450 11/15/29   1,750 1,382,500
Cemex SAB de CV,
Sub. Notes(aa)
9.125(ff) 03/14/28(oo)   1,000 1,065,310
Electricidad Firme de Mexico Holdings SA de CV,
Sr. Sec’d. Notes, 144A(aa)
4.900 11/20/26   1,000 965,810
Mexico City Airport Trust,
Sr. Sec’d. Notes
5.500 07/31/47   670 557,567
9
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Mexico (cont’d.)
     
Nemak SAB de CV,
Sr. Unsec’d. Notes, 144A(aa)
3.625 % 06/28/31   1,230  $974,012
Petroleos Mexicanos,          
Gtd. Notes(aa) 5.350 02/12/28   2,500 2,326,725
Gtd. Notes(aa) 6.490 01/23/27   3,758 3,704,975
Gtd. Notes(aa) 6.500 03/13/27   2,720 2,662,581
Gtd. Notes(aa) 6.500 06/02/41   2,100 1,554,735
Gtd. Notes 6.700 02/16/32   545 483,519
Gtd. Notes 10.000 02/07/33   145 153,033
Gtd. Notes, EMTN(aa) 2.750 04/21/27 EUR 1,915 1,921,606
Gtd. Notes, MTN(aa) 6.750 09/21/47   1,825 1,302,046
Gtd. Notes, MTN(aa) 6.875 08/04/26   3,200 3,192,000
     
 
Tierra Mojada Luxembourg II Sarl,
Sr. Sec’d. Notes, 144A
5.750 12/01/40   1,740 1,565,577
Total Play Telecomunicaciones SA de CV,          
Gtd. Notes 6.375 09/20/28   1,755 978,412
Gtd. Notes, 144A(aa) 6.375 09/20/28   910 507,325
          27,240,191
Morocco 0.1%
OCP SA,          
Sr. Unsec’d. Notes 6.875 04/25/44   280 275,187
Sr. Unsec’d. Notes, 144A 3.750 06/23/31   200 174,937
          450,124
Netherlands 0.6%
Boost Newco Borrower LLC/GTCR W Dutch Finance Sub BV,
Sr. Sec’d. Notes(aa)
8.500 01/15/31 GBP 1,900 2,627,577
VEON Holdings BV,
Sr. Unsec’d. Notes, 144A, MTN
3.375 11/25/27   920 802,085
          3,429,662
Nigeria 0.1%
IHS Holding Ltd.,
Gtd. Notes, 144A
6.250 11/29/28   645 604,558
10

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Panama 0.2%
AES Panama Generation Holdings SRL,
Sr. Sec’d. Notes, 144A
4.375 % 05/31/30   372  $328,287
C&W Senior Finance Ltd.,
Sr. Unsec’d. Notes
6.875 09/15/27   550 544,440
Sable International Finance Ltd.,
Sr. Sec’d. Notes, 144A
7.125 10/15/32   370 371,217
          1,243,944
Peru 0.1%
Minsur SA,
Sr. Unsec’d. Notes
4.500 10/28/31   750 676,406
Russia 0.0%
Alfa Bank AO Via Alfa Bond Issuance PLC,          
Sub. Notes 5.950 04/15/30(d)   1,500 75,000
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 54,187
          178,437
Serbia 0.1%
Telecommunications Co. Telekom Srbija AD Belgrade,
Sr. Unsec’d. Notes, 144A
7.000 10/28/29   415 415,477
Singapore 0.2%
Puma International Financing SA,
Gtd. Notes, 144A
7.750 04/25/29   800 817,200
Slovenia 1.1%
Summer BidCo BV,
Sr. Unsec’d. Notes, 144A, Cash coupon 10.000% or PIK 10.750%(aa)
10.000 02/15/29 EUR 1,828 2,074,310
United Group BV,          
Sr. Sec’d. Notes(aa) 5.250 02/01/30 EUR 1,450 1,529,794
Sr. Sec’d. Notes, 144A 6.500 10/31/31 EUR 2,250 2,447,120
          6,051,224
11
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
South Africa 1.8%
Eskom Holdings SOC Ltd.,          
Gov’t. Gtd. Notes, MTN(aa) 6.350 % 08/10/28   2,080  $2,077,400
Sr. Unsec’d. Notes(aa) 7.125 02/11/25   1,000 998,440
Sr. Unsec’d. Notes, MTN(aa) 8.450 08/10/28   1,040 1,085,178
Sasol Financing USA LLC,          
Gtd. Notes(aa) 4.375 09/18/26   790 761,856
Gtd. Notes(aa) 6.500 09/27/28   1,930 1,876,322
Gtd. Notes, 144A(aa) 8.750 05/03/29   2,100 2,166,281
     
 
Transnet SOC Ltd.,
Sr. Unsec’d. Notes, 144A(aa)
8.250 02/06/28   935 952,239
          9,917,716
Spain 1.3%
Banco de Sabadell SA,
Sub. Notes, EMTN(aa)
6.000(ff) 08/16/33 EUR 1,200 1,389,100
Lorca Telecom Bondco SA,
Sr. Sec’d. Notes, 144A(aa)
5.750 04/30/29 EUR 2,275 2,578,318
Telefonica Europe BV,          
Gtd. Notes(aa) 2.376(ff) 02/12/29(oo) EUR 1,400 1,391,124
Gtd. Notes 5.752(ff) 01/15/32(oo) EUR 1,300 1,491,001
          6,849,543
Switzerland 0.4%
VistaJet Malta Finance PLC/Vista Management
Holding, Inc.,
         
Sr. Unsec’d. Notes, 144A(aa) 7.875 05/01/27   1,540 1,495,248
Sr. Unsec’d. Notes, 144A 9.500 06/01/28   580 569,995
          2,065,243
Thailand 0.6%
Bangkok Bank PCL,
Jr. Sub. Notes, 144A, MTN (aa)
5.000(ff) 09/23/25(oo)   3,016 2,982,432
Turkey 1.5%
Aydem Yenilenebilir Enerji A/S,
Sr. Sec’d. Notes, 144A(aa)
7.750 02/02/27   1,140 1,131,806
12

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
Turkey (cont’d.)
Eldorado Gold Corp.,
Sr. Unsec’d. Notes, 144A(aa)
6.250 % 09/01/29   1,040  $1,025,565
GDZ Elektrik Dagitim A/S,
Sr. Unsec’d. Notes, 144A
9.000 10/15/29   550 530,090
Mersin Uluslararasi Liman Isletmeciligi A/S,
Sr. Unsec’d. Notes, 144A(aa)
8.250 11/15/28   1,000 1,035,000
Sisecam UK PLC,
Gtd. Notes, 144A
8.250 05/02/29   615 629,994
TAV Havalimanlari Holding A/S,
Gtd. Notes, 144A(aa)
8.500 12/07/28   1,000 1,037,187
Turk Telekomunikasyon A/S,
Sr. Unsec’d. Notes, 144A(aa)
7.375 05/20/29   1,100 1,118,832
Turkiye Sinai Kalkinma Bankasi A/S,
Sr. Unsec’d. Notes, 144A, MTN(aa)
9.375 10/19/28   1,000 1,090,937
WE Soda Investments Holding PLC,
Sr. Sec’d. Notes, 144A
9.500 10/06/28   500 516,563
          8,115,974
Ukraine 0.2%
MHP Lux SA,
Gtd. Notes, 144A
6.950 04/03/26   365 326,675
NAK Naftogaz Ukraine via Kondor Finance PLC,          
Sr. Unsec’d. Notes(aa) 7.125 07/19/26(d) EUR 469 392,719
Sr. Unsec’d. Notes 7.625 11/08/28(d)   460 385,250
          1,104,644
United Arab Emirates 0.3%
DP World Salaam,
Jr. Sub. Notes
6.000(ff) 10/01/25(oo)   1,620 1,615,444
United Kingdom 6.8%
Bellis Acquisition Co. PLC,
Sr. Sec’d. Notes, 144A(aa)
8.125 05/14/30 GBP 2,120 2,693,586
Bellis Finco PLC,          
Gtd. Notes(aa) 4.000 02/16/27 GBP 2,225 2,674,506
Sr. Unsec’d. Notes, 144A(aa) 4.000 02/16/27 GBP 675 811,367
     
 
Belron UK Finance PLC,
Sr. Sec’d. Notes, 144A
5.750 10/15/29   235 235,472
13
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United Kingdom (cont’d.)
     
CD&R Firefly Bidco PLC,
Sr. Sec’d. Notes, 144A(aa)
8.625 % 04/30/29 GBP 3,050  $4,128,245
Connect Finco Sarl/Connect US Finco LLC,
Sr. Sec’d. Notes, 144A
9.000 09/15/29   250 237,500
eG Global Finance PLC,          
Sr. Sec’d. Notes(aa) 11.000 11/30/28 EUR 2,700 3,215,933
Sr. Sec’d. Notes, 144A 11.000 11/30/28 EUR 600 717,341
Macquarie Airfinance Holdings Ltd.,          
Sr. Unsec’d. Notes, 144A 6.400 03/26/29   175 180,517
Sr. Unsec’d. Notes, 144A 6.500 03/26/31   455 471,950
Sr. Unsec’d. Notes, 144A 8.125 03/30/29   250 264,251
Sr. Unsec’d. Notes, 144A(aa) 8.375 05/01/28   725 760,528
Sherwood Financing PLC,          
Sr. Sec’d. Notes, 3 Month EURIBOR + 4.625% (Cap N/A, Floor 4.625%) 8.167(c) 11/15/27 EUR 400 419,872
Sr. Sec’d. Notes, 144A(aa) 6.000 11/15/26 GBP 1,050 1,307,205
     
 
TalkTalk Telecom Group Ltd.,
Gtd. Notes(aa)
3.875 02/20/25 GBP 5,375 4,158,476
Virgin Media Secured Finance PLC,          
Sr. Sec’d. Notes(aa) 4.125 08/15/30 GBP 3,950 4,358,360
Sr. Sec’d. Notes(aa) 4.250 01/15/30 GBP 2,395 2,703,439
     
 
Zegona Finance PLC,
Sr. Sec’d. Notes, 144A(aa)
6.750 07/15/29 EUR 5,525 6,312,023
Zenith Finco PLC,
Sr. Sec’d. Notes, 144A(aa)
6.500 06/30/27 GBP 1,175 965,106
          36,615,677
United States 52.8%
ACCO Brands Corp.,
Gtd. Notes, 144A(aa)
4.250 03/15/29   1,225 1,123,608
Acrisure LLC/Acrisure Finance, Inc.,          
Sr. Sec’d. Notes, 144A 7.500 11/06/30   620 629,687
Sr. Unsec’d. Notes, 144A(aa) 8.250 02/01/29   1,400 1,423,116
AdaptHealth LLC,          
Gtd. Notes, 144A(aa) 4.625 08/01/29   900 817,767
Gtd. Notes, 144A(aa) 5.125 03/01/30   925 848,215
Gtd. Notes, 144A(aa) 6.125 08/01/28   655 645,938
     
 
Adient Global Holdings Ltd.,
Sr. Sec’d. Notes, 144A
7.000 04/15/28   450 456,187
14

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Adtalem Global Education, Inc.,
Sr. Sec’d. Notes, 144A
5.500 % 03/01/28   375  $367,541
Aethon United BR LP/Aethon United Finance Corp.,
Sr. Unsec’d. Notes, 144A
7.500 10/01/29   490 493,210
Albertson’s Cos., Inc./Safeway, Inc./New Albertson’s
LP/Albertson’s LLC,
         
Gtd. Notes, 144A 5.875 02/15/28   75 75,126
Gtd. Notes, 144A 6.500 02/15/28   75 76,288
     
 
Allied Universal Holdco LLC,
Sr. Sec’d. Notes, 144A(aa)
7.875 02/15/31   1,160 1,180,894
Allied Universal Holdco LLC/Allied Universal Finance
Corp.,
         
Sr. Unsec’d. Notes, 144A 6.000 06/01/29   600 549,061
Sr. Unsec’d. Notes, 144A(aa) 9.750 07/15/27   2,575 2,580,693
     
 
Alta Equipment Group, Inc.,
Sec’d. Notes, 144A
9.000 06/01/29   615 546,526
Alta Mesa Holdings LP/Alta Mesa Finance Services Corp.,
Gtd. Notes^(aa)
7.875 12/15/24(d)   6,450 645
Amentum Holdings, Inc.,
Gtd. Notes, 144A
7.250 08/01/32   415 430,187
American Airlines, Inc.,
Sr. Sec’d. Notes, 144A
7.250 02/15/28   400 406,628
American Airlines, Inc./AAdvantage Loyalty IP Ltd.,
Sr. Sec’d. Notes, 144A(aa)
5.750 04/20/29   1,700 1,681,759
American Axle & Manufacturing, Inc.,
Gtd. Notes
6.250 03/15/26   156 155,449
AmeriGas Partners LP/AmeriGas Finance Corp.,          
Sr. Unsec’d. Notes 5.750 05/20/27   355 342,291
Sr. Unsec’d. Notes 5.875 08/20/26   645 631,637
     
 
AMN Healthcare, Inc.,
Gtd. Notes, 144A(aa)
4.000 04/15/29   1,825 1,682,928
Amsted Industries, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
4.625 05/15/30   1,475 1,374,071
AmWINS Group, Inc.,
Sr. Unsec’d. Notes, 144A
4.875 06/30/29   125 117,654
Antero Midstream Partners LP/Antero Midstream
Finance Corp.,
         
Gtd. Notes, 144A 5.375 06/15/29   175 170,849
Gtd. Notes, 144A(aa) 5.750 01/15/28   500 497,419
15
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Antero Midstream Partners LP/Antero Midstream Finance Corp., (cont’d.)          
Gtd. Notes, 144A 6.625 % 02/01/32   225  $227,490
Ardagh Packaging Finance PLC/Ardagh Holdings
USA, Inc.,
         
Sr. Sec’d. Notes 2.125 08/15/26 EUR 2,000 1,836,013
Sr. Sec’d. Notes 2.125 08/15/26 EUR 775 711,902
Arsenal AIC Parent LLC,          
Sr. Sec’d. Notes, 144A 8.000 10/01/30   250 263,024
Unsec’d. Notes, 144A 11.500 10/01/31   650 723,952
Ascent Resources Utica Holdings LLC/ARU Finance
Corp.,
         
Gtd. Notes, 144A 9.000 11/01/27   468 555,558
Sr. Unsec’d. Notes, 144A 6.625 10/15/32   435 430,940
Sr. Unsec’d. Notes, 144A(aa) 8.250 12/31/28   2,055 2,097,124
Ashton Woods USA LLC/Ashton Woods Finance Co.,          
Sr. Unsec’d. Notes, 144A(aa) 4.625 08/01/29   1,425 1,331,665
Sr. Unsec’d. Notes, 144A 4.625 04/01/30   150 138,123
     
 
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   447 265,209
ATI, Inc.,
Sr. Unsec’d. Notes
7.250 08/15/30   245 253,717
Avient Corp.,
Sr. Unsec’d. Notes, 144A
6.250 11/01/31   190 190,919
B&G Foods, Inc.,          
Gtd. Notes(aa) 5.250 09/15/27   2,345 2,275,018
Sr. Sec’d. Notes, 144A(aa) 8.000 09/15/28   925 961,053
     
 
Bausch Health Americas, Inc.,
Gtd. Notes, 144A
8.500 01/31/27   25 20,061
Bausch Health Cos., Inc.,          
Gtd. Notes, 144A 5.000 01/30/28   1,450 928,000
Gtd. Notes, 144A 5.000 02/15/29   125 71,875
Gtd. Notes, 144A 5.250 01/30/30   2,225 1,223,750
Gtd. Notes, 144A 5.250 02/15/31   1,600 864,000
Gtd. Notes, 144A 6.250 02/15/29   2,190 1,355,062
Gtd. Notes, 144A 7.000 01/15/28   250 165,000
Gtd. Notes, 144A 9.000 12/15/25   25 24,514
Sr. Sec’d. Notes, 144A 4.875 06/01/28   700 539,000
Sr. Sec’d. Notes, 144A 11.000 09/30/28   175 160,672
16

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Beazer Homes USA, Inc.,          
Gtd. Notes 5.875 % 10/15/27   75  $74,384
Gtd. Notes(aa) 7.250 10/15/29   1,650 1,677,080
Sr. Unsec’d. Notes, 144A 7.500 03/15/31   595 612,281
Blue Racer Midstream LLC/Blue Racer Finance
Corp.,
         
Sr. Unsec’d. Notes, 144A 7.000 07/15/29   150 153,664
Sr. Unsec’d. Notes, 144A 7.250 07/15/32   140 144,536
Boeing Co. (The),          
Sr. Unsec’d. Notes(aa) 5.805 05/01/50   730 688,566
Sr. Unsec’d. Notes 5.930 05/01/60   275 256,941
     
 
Boost Newco Borrower LLC,
Sr. Sec’d. Notes, 144A
7.500 01/15/31   525 553,587
Boyd Gaming Corp.,
Gtd. Notes, 144A
4.750 06/15/31   475 443,266
Brand Industrial Services, Inc.,
Sr. Sec’d. Notes, 144A
10.375 08/01/30   200 212,487
Bread Financial Holdings, Inc.,
Gtd. Notes, 144A(aa)
9.750 03/15/29   900 949,588
Brinker International, Inc.,
Gtd. Notes, 144A(aa)
8.250 07/15/30   1,810 1,926,580
Brink’s Co. (The),
Gtd. Notes, 144A
6.500 06/15/29   150 153,259
Caesars Entertainment, Inc.,          
Gtd. Notes, 144A(aa) 4.625 10/15/29   1,400 1,312,151
Sr. Sec’d. Notes, 144A(aa) 6.500 02/15/32   1,165 1,182,547
Sr. Sec’d. Notes, 144A(aa) 7.000 02/15/30   1,900 1,947,514
Calpine Corp.,          
Sr. Unsec’d. Notes, 144A 5.000 02/01/31   325 306,721
Sr. Unsec’d. Notes, 144A(aa) 5.125 03/15/28   6,425 6,283,194
     
 
Camelot Return Merger Sub, Inc.,
Sr. Sec’d. Notes, 144A(aa)
8.750 08/01/28   725 728,970
Carnival Corp.,          
Gtd. Notes, 144A 5.750 03/01/27   2,400 2,406,000
Sr. Sec’d. Notes, 144A 4.000 08/01/28   125 118,715
Carvana Co.,          
Sr. Sec’d. Notes, 144A, Cash coupon 9.000% or PIK 12.000%(aa) 12.000 12/01/28   939 993,880
Sr. Sec’d. Notes, 144A, Cash coupon 11.000% or PIK 13.000%(aa) 13.000 06/01/30   1,445 1,578,021
17
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Carvana Co., (cont’d.)          
Sr. Sec’d. Notes, 144A, PIK 14.000%(aa) 14.000 % 06/01/31   1,000   $1,195,692
     
 
CCM Merger, Inc.,
Sr. Unsec’d. Notes, 144A
6.375 05/01/26   325 323,999
CCO Holdings LLC/CCO Holdings Capital Corp.,          
Sr. Unsec’d. Notes 4.500 05/01/32   200 170,000
Sr. Unsec’d. Notes, 144A(aa) 4.250 02/01/31   650 564,080
Sr. Unsec’d. Notes, 144A(aa) 4.750 03/01/30   1,350 1,228,466
Sr. Unsec’d. Notes, 144A(aa) 5.000 02/01/28   1,650 1,596,750
Sr. Unsec’d. Notes, 144A(aa) 5.125 05/01/27   950 930,591
Sr. Unsec’d. Notes, 144A 5.375 06/01/29   25 23,906
Chart Industries, Inc.,          
Gtd. Notes, 144A 9.500 01/01/31   645 692,517
Sr. Sec’d. Notes, 144A(aa) 7.500 01/01/30   545 566,256
     
 
Churchill Downs, Inc.,
Sr. Unsec’d. Notes, 144A
5.750 04/01/30   650 639,706
Cinemark USA, Inc.,
Gtd. Notes, 144A
7.000 08/01/32   240 246,203
CITGO Petroleum Corp.,
Sr. Sec’d. Notes, 144A(aa)
7.000 06/15/25   1,325 1,326,419
Civitas Resources, Inc.,          
Gtd. Notes, 144A(aa) 8.375 07/01/28   800 827,175
Gtd. Notes, 144A 8.625 11/01/30   495 520,155
     
 
Clarios Global LP/Clarios US Finance Co.,
Gtd. Notes, 144A
8.500 05/15/27   425 426,594
Clarivate Science Holdings Corp.,
Gtd. Notes, 144A(aa)
4.875 07/01/29   725 685,272
Clear Channel Outdoor Holdings, Inc.,
Sr. Sec’d. Notes, 144A
9.000 09/15/28   325 341,469
Cleveland-Cliffs, Inc.,          
Gtd. Notes, 144A(aa) 6.750 04/15/30   925 924,232
Gtd. Notes, 144A 6.875 11/01/29   595 597,062
Gtd. Notes, 144A 7.000 03/15/32   445 445,512
Gtd. Notes, 144A 7.375 05/01/33   465 468,495
     
 
CMG Media Corp.,
Gtd. Notes, 144A
8.875 12/15/27   1,645 1,199,653
CNX Resources Corp.,
Gtd. Notes, 144A
7.250 03/01/32   450 463,480
Comstock Resources, Inc.,          
Gtd. Notes, 144A 5.875 01/15/30   75 68,466
18

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Comstock Resources, Inc., (cont’d.)          
Gtd. Notes, 144A(aa) 6.750 % 03/01/29   1,000   $957,978
     
 
Cornerstone Building Brands, Inc.,
Gtd. Notes, 144A
6.125 01/15/29   535 477,901
Cornerstone Chemical Co. LLC,
Sr. Sec’d. Notes, 144A, Cash coupon 5.000% and PIK 10.000%^(aa)
15.000 12/06/28   942 894,894
Cougar JV Subsidiary LLC,
Sr. Unsec’d. Notes, 144A
8.000 05/15/32   325 339,644
Crescent Energy Finance LLC,          
Gtd. Notes, 144A 7.375 01/15/33   270 261,828
Gtd. Notes, 144A 7.625 04/01/32   400 395,072
Gtd. Notes, 144A(aa) 9.250 02/15/28   890 934,591
     
 
CrownRock LP/CrownRock Finance, Inc.,
Sr. Unsec’d. Notes, 144A
5.000 05/01/29   179 181,078
CSC Holdings LLC,          
Gtd. Notes, 144A 3.375 02/15/31   400 286,951
Gtd. Notes, 144A(aa) 4.125 12/01/30   900 663,476
Gtd. Notes, 144A 5.375 02/01/28   200 171,153
Gtd. Notes, 144A(aa) 5.500 04/15/27   1,000 890,003
Sr. Unsec’d. Notes, 144A(aa) 4.625 12/01/30   1,750 879,219
Dana, Inc.,          
Sr. Unsec’d. Notes 4.250 09/01/30   250 218,064
Sr. Unsec’d. Notes 4.500 02/15/32   150 128,230
DaVita, Inc.,          
Gtd. Notes, 144A(aa) 3.750 02/15/31   1,550 1,348,790
Gtd. Notes, 144A(aa) 4.625 06/01/30   2,875 2,644,531
Gtd. Notes, 144A 6.875 09/01/32   745 748,652
     
 
Dcli Bidco LLC,
Second Mortgage, 144A
7.750 11/15/29   570 579,730
Diamond Foreign Asset Co./Diamond Finance LLC,
Sec’d. Notes, 144A
8.500 10/01/30   350 360,339
Diamond Sports Group LLC/Diamond Sports Finance
Co.,
         
Gtd. Notes, 144A (original cost $3,927,328; purchased 07/18/19 - 02/27/20)(f) 6.625 08/15/27(d)   4,125 26,146
Sec’d. Notes, 144A (original cost $2,387,283; purchased 07/18/19 - 07/05/22)(f) 5.375 08/15/26(d)   3,150 21,283
DISH DBS Corp.,          
Gtd. Notes 5.125 06/01/29   975 647,584
19
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
DISH DBS Corp., (cont’d.)          
Gtd. Notes 7.375 % 07/01/28   515  $377,123
Gtd. Notes 7.750 07/01/26   2,910 2,458,590
     
 
DISH Network Corp.,
Sr. Sec’d. Notes, 144A
11.750 11/15/27   1,100 1,158,020
Diversified Healthcare Trust,          
Gtd. Notes(aa) 4.375 03/01/31   750 606,513
Gtd. Notes 9.750 06/15/25   155 155,000
Sr. Unsec’d. Notes 4.750 02/15/28   550 485,970
     
 
Eco Material Technologies, Inc.,
Sr. Sec’d. Notes, 144A(aa)
7.875 01/31/27   1,495 1,504,905
EMRLD Borrower LP/Emerald Co-Issuer, Inc.,
Sr. Sec’d. Notes, 144A
6.750 07/15/31   325 332,460
Encore Capital Group, Inc.,
Sr. Sec’d. Notes(aa)
4.250 06/01/28 GBP 1,300 1,542,182
Energizer Holdings, Inc.,
Gtd. Notes, 144A(aa)
4.375 03/31/29   550 513,977
Energy Transfer LP,
Jr. Sub. Notes, Series G(aa)
7.125(ff) 05/15/30(oo)   1,275 1,297,035
EnerSys,
Gtd. Notes, 144A
6.625 01/15/32   175 179,738
EQM Midstream Partners LP,          
Sr. Unsec’d. Notes, 144A(aa) 6.500 07/01/27   255 260,839
Sr. Unsec’d. Notes, 144A 7.500 06/01/27   200 205,000
Sr. Unsec’d. Notes, 144A 7.500 06/01/30   400 430,760
Expand Energy Corp.,          
Gtd. Notes 4.750 02/01/32   350 328,821
Gtd. Notes 5.375 03/15/30   200 196,649
Gtd. Notes, 144A 5.875 02/01/29   105 104,952
Gtd. Notes, 144A 6.750 04/15/29   105 106,162
Fertitta Entertainment LLC/Fertitta Entertainment
Finance Co., Inc.,
         
Gtd. Notes, 144A(aa) 6.750 01/15/30   2,625 2,386,635
Sr. Sec’d. Notes, 144A 4.625 01/15/29   575 536,961
     
 
Five Point Operating Co. LP/Five Point Capital Corp.,
Gtd. Notes, 144A(aa)
10.500(cc) 01/15/28   1,049 1,074,441
Forestar Group, Inc.,          
Gtd. Notes, 144A(aa) 3.850 05/15/26   200 194,991
Gtd. Notes, 144A(aa) 5.000 03/01/28   800 764,470
     
 
20

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Fortress Intermediate 3, Inc.,
Sr. Sec’d. Notes, 144A
7.500 % 06/01/31   530  $551,159
Foundation Building Materials, Inc.,
Gtd. Notes, 144A
6.000 03/01/29   517 457,911
Freedom Mortgage Corp.,          
Sr. Unsec’d. Notes, 144A 6.625 01/15/27   525 518,983
Sr. Unsec’d. Notes, 144A 7.625 05/01/26   325 326,205
Sr. Unsec’d. Notes, 144A 12.000 10/01/28   325 351,302
Freedom Mortgage Holdings LLC,          
Sr. Unsec’d. Notes, 144A 9.125 05/15/31   300 305,499
Sr. Unsec’d. Notes, 144A(aa) 9.250 02/01/29   985 1,009,882
Frontier Communications Holdings LLC,          
Sec’d. Notes 5.875 11/01/29   200 195,336
Sec’d. Notes, 144A(aa) 6.000 01/15/30   975 955,930
Sec’d. Notes, 144A 6.750 05/01/29   475 472,694
Gap, Inc. (The),          
Gtd. Notes, 144A 3.625 10/01/29   250 224,317
Gtd. Notes, 144A(aa) 3.875 10/01/31   1,850 1,589,975
     
 
Garrett Motion Holdings, Inc./Garrett LX I Sarl,
Gtd. Notes, 144A(aa)
7.750 05/31/32   920 917,949
GFL Environmental, Inc.,          
Gtd. Notes, 144A 4.000 08/01/28   100 94,509
Gtd. Notes, 144A(aa) 4.375 08/15/29   900 841,014
Sr. Sec’d. Notes, 144A 6.750 01/15/31   400 411,640
     
 
Glatfelter Corp.,
Sr. Sec’d. Notes, 144A
7.250 11/15/31   735 728,761
Global Partners LP/GLP Finance Corp.,          
Gtd. Notes 6.875 01/15/29   450 449,148
Gtd. Notes, 144A 8.250 01/15/32   300 305,937
     
 
GN Bondco LLC,
Sr. Sec’d. Notes, 144A(aa)
9.500 10/15/31   1,700 1,805,684
Greystar Real Estate Partners LLC,
Sr. Sec’d. Notes, 144A
7.750 09/01/30   300 314,346
Griffon Corp.,
Gtd. Notes(aa)
5.750 03/01/28   800 785,486
H&E Equipment Services, Inc.,
Gtd. Notes, 144A(aa)
3.875 12/15/28   2,400 2,217,111
Hecla Mining Co.,
Gtd. Notes(aa)
7.250 02/15/28   750 758,040
21
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Herc Holdings, Inc.,
Gtd. Notes, 144A
6.625 % 06/15/29   480  $491,374
Hertz Corp. (The),          
Gtd. Notes, 144A 4.625 12/01/26   325 245,360
Gtd. Notes, 144A 5.000 12/01/29   485 314,077
Hilcorp Energy I LP/Hilcorp Finance Co.,          
Sr. Unsec’d. Notes, 144A 5.750 02/01/29   325 311,832
Sr. Unsec’d. Notes, 144A 6.000 04/15/30   465 443,078
Sr. Unsec’d. Notes, 144A(aa) 6.000 02/01/31   1,095 1,035,783
Sr. Unsec’d. Notes, 144A(aa) 6.250 04/15/32   680 638,053
Sr. Unsec’d. Notes, 144A 7.250 02/15/35   560 549,447
Sr. Unsec’d. Notes, 144A 8.375 11/01/33   323 337,719
     
 
Hilton Domestic Operating Co., Inc.,
Gtd. Notes, 144A(aa)
4.000 05/01/31   625 569,530
Howard Hughes Corp. (The),          
Gtd. Notes, 144A(aa) 4.125 02/01/29   1,350 1,244,805
Gtd. Notes, 144A(aa) 4.375 02/01/31   800 716,828
Gtd. Notes, 144A 5.375 08/01/28   575 558,866
     
 
Hunt Cos., Inc.,
Sr. Sec’d. Notes, 144A(aa)
5.250 04/15/29   1,500 1,422,463
International Game Technology PLC,
Sr. Sec’d. Notes, 144A(aa)
6.250 01/15/27   750 754,380
Jacobs Entertainment, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 6.750 02/15/29   825 811,851
Sr. Unsec’d. Notes, 144A 6.750 02/15/29   275 268,478
     
 
JB Poindexter & Co., Inc.,
Sr. Unsec’d. Notes, 144A
8.750 12/15/31   605 635,024
Jefferies Finance LLC/JFIN Co-Issuer Corp.,          
Sr. Sec’d. Notes, 144A 6.625 10/15/31   600 596,985
Sr. Unsec’d. Notes, 144A 5.000 08/15/28   275 253,846
KB Home,          
Gtd. Notes 4.000 06/15/31   400 360,086
Gtd. Notes(aa) 4.800 11/15/29   1,575 1,511,883
     
 
Knife River Corp.,
Sr. Unsec’d. Notes, 144A
7.750 05/01/31   150 157,222
Kontoor Brands, Inc.,
Gtd. Notes, 144A(aa)
4.125 11/15/29   1,850 1,722,481
Kraken Oil & Gas Partners LLC,
Sr. Unsec’d. Notes, 144A
7.625 08/15/29   135 133,378
22

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
LABL, Inc.,          
Sr. Sec’d. Notes, 144A 5.875 % 11/01/28   500  $464,640
Sr. Sec’d. Notes, 144A 8.625 10/01/31   730 703,609
Sr. Sec’d. Notes, 144A 9.500 11/01/28   225 230,540
Sr. Unsec’d. Notes, 144A 8.250 11/01/29   380 335,322
Sr. Unsec’d. Notes, 144A(aa) 10.500 07/15/27   1,035 1,024,877
     
 
Landsea Homes Corp.,
Sr. Unsec’d. Notes, 144A(aa)
8.875 04/01/29   800 818,668
LBM Acquisition LLC,
Gtd. Notes, 144A
6.250 01/15/29   475 438,838
LCM Investments Holdings II LLC,          
Sr. Unsec’d. Notes, 144A(aa) 4.875 05/01/29   350 330,641
Sr. Unsec’d. Notes, 144A(aa) 8.250 08/01/31   560 585,587
     
 
LD Holdings Group LLC,
Gtd. Notes, 144A
6.125 04/01/28   425 367,159
Level 3 Financing, Inc.,          
Sec’d. Notes, 144A 4.500 04/01/30   75 60,153
Sec’d. Notes, 144A 4.875 06/15/29   1,500 1,282,893
Sr. Sec’d. Notes, 144A 10.500 04/15/29   175 195,071
Sr. Sec’d. Notes, 144A 10.750 12/15/30   1,550 1,736,779
Sr. Sec’d. Notes, 144A 11.000 11/15/29   3,160 3,565,732
     
 
Life Time, Inc.,
Sr. Sec’d. Notes, 144A
6.000 11/15/31   580 577,169
LifePoint Health, Inc.,
Gtd. Notes, 144A(aa)
5.375 01/15/29   1,000 914,532
Lindblad Expeditions Holdings, Inc.,
Sr. Sec’d. Notes, 144A
9.000 05/15/28   750 781,737
Lithia Motors, Inc.,
Sr. Unsec’d. Notes, 144A
3.875 06/01/29   725 665,135
Lumen Technologies, Inc.,
Sr. Sec’d. Notes, 144A
10.000 10/15/32   225 224,123
M/I Homes, Inc.,
Gtd. Notes(aa)
4.950 02/01/28   1,025 991,072
Masterbrand, Inc.,
Gtd. Notes, 144A
7.000 07/15/32   305 312,419
Matador Resources Co.,
Gtd. Notes, 144A
6.500 04/15/32   735 728,235
Mauser Packaging Solutions Holding Co.,
Sr. Sec’d. Notes, 144A
7.875 04/15/27   165 169,530
23
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Mavis Tire Express Services Topco Corp.,
Sr. Unsec’d. Notes, 144A(aa)
6.500 % 05/15/29   2,725  $2,609,688
Maxim Crane Works Holdings Capital LLC,
Sec’d. Notes, 144A(aa)
11.500 09/01/28   1,100 1,180,925
McAfee Corp.,
Sr. Unsec’d. Notes, 144A
7.375 02/15/30   450 434,253
Medline Borrower LP,
Sr. Sec’d. Notes, 144A(aa)
3.875 04/01/29   3,370 3,154,501
MGM Resorts International,          
Gtd. Notes(aa) 4.750 10/15/28   2,313 2,234,643
Gtd. Notes 6.125 09/15/29   550 548,158
     
 
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.,
Sr. Sec’d. Notes, 144A(aa)
4.875 05/01/29   1,125 1,062,587
Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC,
Sr. Sec’d. Notes, 144A
6.750 04/01/32   257 261,988
MIWD Holdco II LLC/MIWD Finance Corp.,
Gtd. Notes, 144A
5.500 02/01/30   400 381,994
MPH Acquisition Holdings LLC,
Sr. Sec’d. Notes, 144A (original cost $1,004,281; purchased 08/17/21 - 11/04/22)(f)
5.500 09/01/28   1,025 699,904
Nabors Industries Ltd.,
Gtd. Notes, 144A
7.500 01/15/28   325 308,360
Nabors Industries, Inc.,          
Gtd. Notes, 144A(aa) 7.375 05/15/27   925 926,512
Gtd. Notes, 144A 8.875 08/15/31   580 549,539
Gtd. Notes, 144A 9.125 01/31/30   670 693,093
Nationstar Mortgage Holdings, Inc.,          
Gtd. Notes, 144A(aa) 5.125 12/15/30   2,125 1,990,986
Gtd. Notes, 144A 5.500 08/15/28   390 381,039
Gtd. Notes, 144A 5.750 11/15/31   420 402,177
Gtd. Notes, 144A 6.500 08/01/29   345 345,254
Navient Corp.,          
Sr. Unsec’d. Notes(aa) 4.875 03/15/28   755 719,110
Sr. Unsec’d. Notes 6.750 06/25/25   375 377,349
Sr. Unsec’d. Notes 9.375 07/25/30   125 135,578
NCL Corp. Ltd.,          
Sr. Sec’d. Notes, 144A 5.875 02/15/27   500 499,375
Sr. Sec’d. Notes, 144A 8.125 01/15/29   500 530,000
24

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
NCL Corp. Ltd., (cont’d.)          
Sr. Sec’d. Notes, 144A 8.375 % 02/01/28   1,225  $1,284,719
Sr. Unsec’d. Notes, 144A 6.250 03/01/30   500 494,185
     
 
NCR Voyix Corp.,
Gtd. Notes, 144A
5.000 10/01/28   650 624,768
NESCO Holdings II, Inc.,
Sec’d. Notes, 144A
5.500 04/15/29   525 488,581
New Home Co., Inc. (The),
Sr. Unsec’d. Notes, 144A
9.250 10/01/29   465 487,341
Newell Brands, Inc.,          
Sr. Unsec’d. Notes 6.375 05/15/30   460 462,490
Sr. Unsec’d. Notes 6.625 05/15/32   260 260,938
     
 
Noble Finance II LLC,
Gtd. Notes, 144A
8.000 04/15/30   740 750,220
NRG Energy, Inc.,          
Gtd. Notes(aa) 5.750 01/15/28   590 590,840
Gtd. Notes, 144A 3.625 02/15/31   175 154,993
Gtd. Notes, 144A(aa) 3.875 02/15/32   700 620,713
Jr. Sub. Notes, 144A(aa) 10.250(ff) 03/15/28(oo)   900 993,763
Olympus Water US Holding Corp.,          
Sr. Sec’d. Notes, 144A 7.250 06/15/31   485 497,627
Sr. Sec’d. Notes, 144A(aa) 9.750 11/15/28   1,050 1,114,324
OneMain Finance Corp.,          
Gtd. Notes 3.875 09/15/28   525 484,619
Gtd. Notes 6.625 05/15/29   465 465,000
Gtd. Notes(aa) 7.125 03/15/26   1,375 1,408,687
     
 
Organon & Co./Organon Foreign Debt Co-Issuer BV,
Sr. Unsec’d. Notes, 144A(aa)
5.125 04/30/31   2,300 2,097,144
Owens-Brockway Glass Container, Inc.,          
Gtd. Notes, 144A 6.625 05/13/27   267 265,814
Gtd. Notes, 144A 7.250 05/15/31   450 443,202
P&L Development LLC/PLD Finance Corp.,          
Sr. Sec’d. Notes, 144A 7.750 11/15/25   49 49,388
Sr. Sec’d. Notes, 144A, Cash coupon 9.000% and PIK 3.500% or Cash coupon 12.000% 12.000 05/15/29   159 160,024
     
 
Park River Holdings, Inc.,
Gtd. Notes, 144A(aa)
5.625 02/01/29   1,350 1,179,940
Patrick Industries, Inc.,
Gtd. Notes, 144A
6.375 11/01/32   595 588,452
25
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
Penn Entertainment, Inc.,
Sr. Unsec’d. Notes, 144A
5.625 % 01/15/27   300  $294,521
PennyMac Financial Services, Inc.,          
Gtd. Notes, 144A 4.250 02/15/29   150 139,999
Gtd. Notes, 144A(aa) 5.375 10/15/25   1,150 1,145,308
Gtd. Notes, 144A 5.750 09/15/31   500 478,248
Gtd. Notes, 144A 7.125 11/15/30   345 350,168
Gtd. Notes, 144A 7.875 12/15/29   100 104,889
Permian Resources Operating LLC,          
Gtd. Notes, 144A 6.250 02/01/33   415 412,024
Gtd. Notes, 144A 7.000 01/15/32   605 617,384
Gtd. Notes, 144A 8.000 04/15/27   275 282,611
     
 
Perrigo Finance Unlimited Co.,
Gtd. Notes
6.125 09/30/32   640 628,480
Phinia, Inc.,
Sr. Sec’d. Notes, 144A
6.750 04/15/29   250 255,611
PM General Purchaser LLC,
Sr. Sec’d. Notes, 144A(aa)
9.500 10/01/28   1,180 1,197,217
Post Holdings, Inc.,          
Gtd. Notes, 144A 4.625 04/15/30   150 140,262
Gtd. Notes, 144A(aa) 5.500 12/15/29   829 808,591
Gtd. Notes, 144A 6.375 03/01/33   445 440,647
Sr. Sec’d. Notes, 144A 6.250 02/15/32   290 293,610
     
 
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.,
Gtd. Notes, 144A(aa)
5.875 09/01/31   1,125 729,121
Prime Healthcare Services, Inc.,
Sr. Sec’d. Notes, 144A
9.375 09/01/29   230 233,911
Radiate Holdco LLC/Radiate Finance, Inc.,          
Sr. Sec’d. Notes, 144A (original cost $1,000,000; purchased 09/11/20)(aa)(f) 4.500 09/15/26   1,000 867,583
Sr. Unsec’d. Notes, 144A (original cost $1,284,088; purchased 09/11/20 - 11/23/22)(aa)(f) 6.500 09/15/28   1,525 1,045,351
     
 
Range Resources Corp.,
Gtd. Notes, 144A
4.750 02/15/30   150 141,236
RHP Hotel Properties LP/RHP Finance Corp.,          
Gtd. Notes, 144A 4.500 02/15/29   250 239,162
Gtd. Notes, 144A 6.500 04/01/32   640 647,056
26

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer,
Inc.,
         
Gtd. Notes, 144A 3.625 % 03/01/29   400  $368,649
Gtd. Notes, 144A 3.875 03/01/31   425 378,266
Gtd. Notes, 144A 4.000 10/15/33   350 301,488
Royal Caribbean Cruises Ltd.,          
Sr. Unsec’d. Notes, 144A 5.500 04/01/28   725 725,000
Sr. Unsec’d. Notes, 144A 5.625 09/30/31   680 675,390
Sr. Unsec’d. Notes, 144A 6.000 02/01/33   975 977,437
     
 
RXO, Inc.,
Gtd. Notes, 144A
7.500 11/15/27   385 399,764
Sally Holdings LLC/Sally Capital, Inc.,
Gtd. Notes(aa)
6.750 03/01/32   1,670 1,692,253
SBA Communications Corp.,
Sr. Unsec’d. Notes
3.125 02/01/29   400 363,985
Scientific Games Holdings LP/Scientific Games US FinCo, Inc.,
Sr. Unsec’d. Notes, 144A(aa)
6.625 03/01/30   900 876,872
Scotts Miracle-Gro Co. (The),          
Gtd. Notes(aa) 4.000 04/01/31   1,950 1,743,964
Gtd. Notes 4.375 02/01/32   575 519,057
     
 
Service Corp. International,
Sr. Unsec’d. Notes
5.750 10/15/32   545 536,364
Shea Homes LP/Shea Homes Funding Corp.,
Sr. Unsec’d. Notes(aa)
4.750 04/01/29   1,035 981,182
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.,
Gtd. Notes, 144A
6.750 08/15/32   405 415,465
Sinclair Television Group, Inc.,
Gtd. Notes, 144A (original cost $998,631; purchased 05/05/23 - 07/20/23)(f)
5.125 02/15/27   1,215 1,075,268
SK Invictus Intermediate II Sarl,
Sr. Sec’d. Notes, 144A
5.000 10/30/29   750 710,565
SM Energy Co.,          
Sr. Unsec’d. Notes, 144A 6.750 08/01/29   410 407,599
Sr. Unsec’d. Notes, 144A 7.000 08/01/32   290 288,060
Smyrna Ready Mix Concrete LLC,          
Sr. Sec’d. Notes, 144A(aa) 6.000 11/01/28   1,273 1,263,286
Sr. Sec’d. Notes, 144A 8.875 11/15/31   470 493,940
27
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Standard Industries, Inc.,          
Sr. Unsec’d. Notes, 144A(aa) 3.375 % 01/15/31   595  $516,645
Sr. Unsec’d. Notes, 144A(aa) 4.375 07/15/30   975 897,235
Sr. Unsec’d. Notes, 144A 6.500 08/15/32   325 327,157
     
 
Starwood Property Trust, Inc.,
Sr. Unsec’d. Notes, 144A
7.250 04/01/29   475 488,217
STL Holding Co. LLC,
Sr. Unsec’d. Notes, 144A
8.750 02/15/29   690 733,091
Suburban Propane Partners LP/Suburban Energy Finance Corp.,
Sr. Unsec’d. Notes, 144A
5.000 06/01/31   575 527,842
Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp.,
Sr. Sec’d. Notes, 144A
5.875 05/15/25   625 623,445
Sunoco LP/Sunoco Finance Corp.,          
Gtd. Notes(aa) 4.500 05/15/29   625 594,061
Gtd. Notes(aa) 4.500 04/30/30   875 821,177
     
 
SWF Holdings I Corp.,
Sr. Unsec’d. Notes, 144A (original cost $1,578,750; purchased 09/17/21 - 02/18/22)(f)
6.500 10/01/29   1,600 1,046,035
Tallgrass Energy Partners LP/Tallgrass Energy
Finance Corp.,
         
Gtd. Notes, 144A(aa) 5.500 01/15/28   1,188 1,141,575
Gtd. Notes, 144A 6.000 12/31/30   50 46,928
Sr. Unsec’d. Notes, 144A 7.375 02/15/29   370 370,998
Taylor Morrison Communities, Inc.,          
Gtd. Notes, 144A 5.875 06/15/27   625 628,461
Sr. Unsec’d. Notes, 144A(aa) 5.125 08/01/30   1,525 1,477,656
Tenet Healthcare Corp.,          
Sr. Sec’d. Notes(aa) 4.250 06/01/29   2,380 2,252,511
Sr. Sec’d. Notes(aa) 4.375 01/15/30   1,475 1,383,238
Sr. Sec’d. Notes(aa) 6.750 05/15/31   1,000 1,022,274
Sr. Unsec’d. Notes(aa) 6.875 11/15/31   525 562,790
     
 
Tenneco, Inc.,
Sr. Sec’d. Notes, 144A(aa)
8.000 11/17/28   2,175 2,012,535
Terex Corp.,
Gtd. Notes, 144A
6.250 10/15/32   515 512,528
Titan International, Inc.,
Sr. Sec’d. Notes
7.000 04/30/28   600 581,415
28

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
TopBuild Corp.,
Gtd. Notes, 144A
4.125 % 02/15/32   500  $445,774
TPC Group, Inc.,
Sr. Sec’d. Notes, 144A (original cost $663,844; purchased 12/15/22 - 05/16/23)(aa)(f)
13.000 12/16/27   665 672,084
TransDigm, Inc.,          
Gtd. Notes(aa) 4.625 01/15/29   700 664,883
Sr. Sec’d. Notes, 144A(aa) 6.000 01/15/33   865 857,358
Sr. Sec’d. Notes, 144A(aa) 6.375 03/01/29   930 944,028
Sr. Sec’d. Notes, 144A(aa) 6.625 03/01/32   715 727,451
Transocean, Inc.,          
Gtd. Notes, 144A 8.000 02/01/27   128 127,200
Gtd. Notes, 144A 8.250 05/15/29   1,605 1,615,031
Gtd. Notes, 144A 8.500 05/15/31   70 70,525
Sr. Sec’d. Notes, 144A 8.750 02/15/30   55 57,026
     
 
TriMas Corp.,
Gtd. Notes, 144A(aa)
4.125 04/15/29   1,200 1,120,492
United Airlines, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 4.375 04/15/26   850 835,127
Sr. Sec’d. Notes, 144A(aa) 4.625 04/15/29   286 273,864
United Rentals North America, Inc.,          
Gtd. Notes(aa) 3.750 01/15/32   975 864,645
Gtd. Notes(aa) 3.875 02/15/31   1,477 1,340,392
Gtd. Notes(aa) 5.250 01/15/30   1,200 1,178,920
Uniti Group LP/Uniti Group Finance 2019, Inc./CSL
Capital LLC,
         
Sr. Sec’d. Notes, 144A 10.500 02/15/28   750 799,564
Sr. Sec’d. Notes, 144A 10.500 02/15/28   575 610,200
Univision Communications, Inc.,          
Sr. Sec’d. Notes, 144A(aa) 4.500 05/01/29   475 421,989
Sr. Sec’d. Notes, 144A(aa) 6.625 06/01/27   3,025 3,005,806
Sr. Sec’d. Notes, 144A(aa) 8.000 08/15/28   1,045 1,061,944
     
 
US Foods, Inc.,
Gtd. Notes, 144A
5.750 04/15/33   65 64,028
Valaris Ltd.,
Sec’d. Notes, 144A
8.375 04/30/30   375 379,417
Valvoline, Inc.,
Sr. Unsec’d. Notes, 144A
3.625 06/15/31   550 476,853
Velocity Vehicle Group LLC,
Sr. Unsec’d. Notes, 144A
8.000 06/01/29   215 221,121
29
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
Venture Global LNG, Inc.,          
Jr. Sub. Notes, 144A(aa) 9.000 %(ff) 09/30/29(oo)   1,595  $1,594,329
Sr. Sec’d. Notes, 144A 7.000 01/15/30   655 658,928
Sr. Sec’d. Notes, 144A(aa) 9.500 02/01/29   2,675 2,957,594
Sr. Sec’d. Notes, 144A(aa) 9.875 02/01/32   3,000 3,274,356
     
 
Viasat, Inc.,
Sr. Unsec’d. Notes, 144A
5.625 09/15/25   800 789,142
Viking Cruises Ltd.,          
Gtd. Notes, 144A 5.875 09/15/27   1,150 1,138,339
Sr. Unsec’d. Notes, 144A 7.000 02/15/29   750 751,455
     
 
Viking Ocean Cruises Ship VII Ltd.,
Sr. Sec’d. Notes, 144A
5.625 02/15/29   250 245,730
Vista Outdoor, Inc.,
Gtd. Notes, 144A
4.500 03/15/29   75 76,313
Vistra Corp.,          
Jr. Sub. Notes, 144A(aa) 7.000(ff) 12/15/26(oo)   1,475 1,489,291
Jr. Sub. Notes, 144A(aa) 8.000(ff) 10/15/26(oo)   1,025 1,054,128
Vistra Operations Co. LLC,          
Gtd. Notes, 144A(aa) 4.375 05/01/29   1,375 1,310,005
Gtd. Notes, 144A(aa) 5.000 07/31/27   1,380 1,362,644
Gtd. Notes, 144A 6.875 04/15/32   510 527,257
     
 
Vital Energy, Inc.,
Gtd. Notes
9.750 10/15/30   175 184,537
VOC Escrow Ltd.,
Sr. Sec’d. Notes, 144A
5.000 02/15/28   650 629,564
VT Topco, Inc.,
Sr. Sec’d. Notes, 144A
8.500 08/15/30   300 315,658
WESCO Distribution, Inc.,          
Gtd. Notes, 144A 6.375 03/15/29   485 494,693
Gtd. Notes, 144A 6.625 03/15/32   365 374,224
     
 
White Cap Buyer LLC,
Sr. Unsec’d. Notes, 144A
6.875 10/15/28   575 577,511
Williams Scotsman, Inc.,
Sr. Sec’d. Notes, 144A
6.625 06/15/29   290 294,478
Windsor Holdings III LLC,
Sr. Sec’d. Notes, 144A(aa)
8.500 06/15/30   850 894,944
Windstream Services LLC/Windstream Escrow
Finance Corp.,
         
Sr. Sec’d. Notes, 144A 7.750 08/15/28   425 427,307
Sr. Sec’d. Notes, 144A 8.250 10/01/31   520 526,462
30

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Corporate Bonds (Continued)
United States (cont’d.)
     
 
Wolverine World Wide, Inc.,
Gtd. Notes, 144A(aa)
4.000 % 08/15/29   1,525  $1,303,805
WR Grace Holdings LLC,
Sr. Sec’d. Notes, 144A
7.375 03/01/31   200 206,444
Wynn Resorts Finance LLC/Wynn Resorts Capital
Corp.,
         
Gtd. Notes, 144A(aa) 5.125 10/01/29   860 834,927
Gtd. Notes, 144A 6.250 03/15/33   520 517,695
Gtd. Notes, 144A 7.125 02/15/31   410 431,169
XPO, Inc.,          
Gtd. Notes, 144A(aa) 7.125 06/01/31   250 258,614
Gtd. Notes, 144A 7.125 02/01/32   265 275,062
          285,794,306
Vietnam 0.2%
Mong Duong Finance Holdings BV,
Sr. Sec’d. Notes, 144A (aa)
5.125 05/07/29   1,290 1,253,938
Zambia 0.4%
First Quantum Minerals Ltd.,          
Gtd. Notes, 144A(aa) 6.875 10/15/27   1,200 1,186,068
Gtd. Notes, 144A(aa) 8.625 06/01/31   575 579,312
Sec’d. Notes, 144A 9.375 03/01/29   280 296,691
          2,062,071
     
 
Total Corporate Bonds
(cost $536,361,079)
507,542,308
Floating Rate and Other Loans 6.1%
Canada 0.0%
Kronos Acquisition Holdings, Inc.,
Initial Loan 2024, 3 Month SOFR + 4.000%
8.584(c) 07/08/31   300 281,333
Jamaica 0.5%
Digicel International Finance Ltd.,
Initial Term Loan, 3 Month SOFR + 6.750%
11.335(c) 05/25/27   2,473 2,462,440
31
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Floating Rate and Other Loans (Continued)
Jersey 0.8%
Aston Finco Sarl,
Term Loan, SONIA + 4.750%
9.720 %(c) 10/09/26 GBP 3,573  $4,307,072
Switzerland 0.2%
Consolidated Energy Finance SA,
2024 Incremental Term Loan, 3 Month SOFR + 4.500%
9.557(c) 11/15/30   1,169 1,099,708
United Kingdom 1.9%
Connect Finco Sarl,
Amendment No. 4 Term Loan, 1 Month SOFR + 4.500%
9.185(c) 09/27/29   1,193 1,078,869
Constellation Automotive Group Ltd.,
Facility 1 Loan, SONIA + 7.500%
12.450(c) 07/27/29 GBP 3,000 2,898,501
Doncasters US Finance LLC,
Initial Term Loan, 3 Month SOFR + 6.500%^
11.104(c) 04/23/30   2,468 2,442,924
EG Finco Ltd.,
Additional Second Lien Loan Facility, 1 Month EURIBOR + 7.000%
10.146(c) 04/30/27 EUR 2,780 2,916,217
Hurricane CleanCo Ltd.,
Facility A^
6.250 10/31/29 GBP 879 1,132,972
          10,469,483
United States 2.7%
Bausch Health Cos., Inc.,
Second Amendment Term Loan, 1 Month SOFR + 5.250%
10.706(c) 02/01/27   275 268,583
Cotiviti, Inc.,
Initial Floating Rate Term Loan, 1 Month SOFR + 3.250%
8.094(c) 05/01/31   1,492 1,493,122
CSC Holdings LLC,
2022 Refinancing Term Loan, 1 Month SOFR + 4.500%
9.304(c) 01/18/28   3,494 3,410,747
Diamond Sports Group LLC,          
Dip Term Loan 10.000 12/02/24   458 483,040
First Lien Term Loan, 1 Month SOFR + 10.100% 15.193(c) 05/25/26   35 30,398
Second Lien Term Loan 8.175 08/24/26   265 753
     
 
Glatfelter Corporation,
Term Loan
(p) 10/31/31   325 321,548
32

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Floating Rate and Other Loans (Continued)
United States (cont’d.)
     
Great Outdoors Group LLC,
Term B-2 Loan, 1 Month SOFR + 3.864%
8.550 %(c) 03/06/28   748  $749,235
Heritage Power LLC,
Term Loan, 3 Month SOFR + 7.000%^
11.604(c) 07/20/28   275 271,380
Level 3 Financing, Inc.,          
Term B-1, 1 Month SOFR + 6.560% 11.278(c) 04/15/29   30 30,518
Term B-2, 1 Month SOFR + 6.560% 11.278(c) 04/15/30   30 30,701
Likewize Corp.,          
Closing Date Term Loan, 3 Month SOFR + 5.750% 10.350(c) 08/15/29   458 446,875
Delayed Draw Term Loan, 1 Month SOFR + 5.750% 10.468(c) 08/15/29   42 40,625
     
 
McAfee Corp.,
Tranche B-1 Term Loan, 1 Month SOFR + 3.250%
8.100(c) 03/01/29   1,911 1,905,440
MLN US HoldCo LLC,          
3L Term B Loan, 3 Month SOFR + 9.350% 13.935(c) 10/18/27   4 120
Initial Term Loan, 3 Month SOFR + 6.540% 11.125(c) 10/18/27   27 16,246
Initial Term Loan (Second Out (First Lien Roll-Up)), 3 Month SOFR + 6.800% 11.385(c) 10/18/27   61 4,905
     
 
NCR Atleos Corp.,
Term B Loan, 3 Month SOFR + 3.750%
8.397(c) 03/27/29   742 740,122
Radiate Holdco LLC,
Amendment No. 6 Term Loan, 1 Month SOFR + 3.364%
8.050(c) 09/25/26   1,620 1,418,034
Skillsoft Finance II, Inc.,
Initial Term Loan, 1 Month SOFR + 5.364%
10.082(c) 07/14/28   1,112 898,639
SWF Holdings I Corp.,
Initial Term Loan, 1 Month SOFR + 4.000%
8.800(c) 10/06/28   25 20,448
Tenneco, Inc.,
Term A Loan, 3 Month SOFR + 4.850%
9.978(c) 11/17/28   421 398,525
Terrier Media Buyer, Inc.,
2021 Refinancing Term B Loan, 3 Month SOFR + 3.600%
8.204(c) 12/17/26   120 109,067
33
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Floating Rate and Other Loans (Continued)
United States (cont’d.)
Venator Finance Sarl,          
Initial First-Out Term Loan, 3 Month SOFR + 10.000%^ 7.286 %(c) 12/31/25   558  $558,043
Term Loan, 3 Month SOFR + 2.000% 14.656(c) 10/12/28   796 789,629
          14,436,743
     
 
Total Floating Rate and Other Loans
(cost $34,327,949)
33,056,779
Sovereign Bonds 20.3%
Angola 0.8%
Angolan Government International Bond,          
Sr. Unsec’d. Notes 8.250 05/09/28   3,160 3,008,826
Sr. Unsec’d. Notes 9.500 11/12/25   960 973,766
Sr. Unsec’d. Notes, EMTN 8.000 11/26/29   650 594,344
          4,576,936
Argentina 2.8%
Argentine Republic Government International Bond,          
Sr. Unsec’d. Notes 0.750(cc) 07/09/30   6,343 4,253,222
Sr. Unsec’d. Notes 1.000 07/09/29   1,237 884,619
Sr. Unsec’d. Notes 4.125(cc) 07/09/35   1,864 1,029,672
Sr. Unsec’d. Notes 5.000 01/09/38   13,769 8,213,354
     
 
Provincia de Buenos Aires,
Sr. Unsec’d. Notes, 144A, MTN
6.625 09/01/37   1,237 699,068
          15,079,935
Bahrain 0.3%
Bahrain Government International Bond,          
Sr. Unsec’d. Notes(aa) 6.750 09/20/29   1,240 1,267,900
Sr. Unsec’d. Notes 7.000 10/12/28   430 446,931
          1,714,831
Brazil 1.3%
Brazilian Government International Bond,          
Sr. Unsec’d. Notes(aa) 3.875 06/12/30   3,960 3,600,590
34

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Brazil (cont’d.)
Brazilian Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes(aa) 5.625 % 01/07/41   1,500  $1,355,550
Sr. Unsec’d. Notes(aa) 6.125 01/22/32   1,050 1,056,300
Sr. Unsec’d. Notes(aa) 7.125 05/13/54   780 778,557
          6,790,997
Colombia 1.6%
Colombia Government International Bond,          
Sr. Unsec’d. Notes(aa) 3.000 01/30/30   3,200 2,660,800
Sr. Unsec’d. Notes(aa) 3.875 04/25/27   1,290 1,233,885
Sr. Unsec’d. Notes(aa) 4.500 03/15/29   1,770 1,641,675
Sr. Unsec’d. Notes(aa) 6.125 01/18/41   2,645 2,171,545
Sr. Unsec’d. Notes(aa) 7.375 09/18/37   780 746,070
Sr. Unsec’d. Notes 7.500 02/02/34   430 425,700
          8,879,675
Costa Rica 0.2%
Costa Rica Government International Bond,
Unsec’d. Notes, 144A
7.300 11/13/54   800 845,600
Dominican Republic 1.7%
Dominican Republic International Bond,          
Sr. Unsec’d. Notes 4.500 01/30/30   2,000 1,855,000
Sr. Unsec’d. Notes 5.950 01/25/27   3,000 3,001,500
Sr. Unsec’d. Notes 6.850 01/27/45   800 811,600
Sr. Unsec’d. Notes 7.450 04/30/44   2,060 2,229,950
Sr. Unsec’d. Notes, 144A 5.875 01/30/60   855 751,545
Sr. Unsec’d. Notes, 144A 7.050 02/03/31   320 333,632
          8,983,227
Ecuador 0.5%
Ecuador Government International Bond,          
Sr. Unsec’d. Notes 6.900 07/31/30   720 495,000
Sr. Unsec’d. Notes, 144A 5.000(cc) 07/31/40   901 454,658
Sr. Unsec’d. Notes, 144A 5.500(cc) 07/31/35   1,829 1,009,509
35
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
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 5.583 %(s) 07/31/30   414  $225,522
Sr. Unsec’d. Notes, 144A 6.900 07/31/30   786 540,169
          2,724,858
Egypt 1.3%
Egypt Government International Bond,          
Sr. Unsec’d. Notes 7.625 05/29/32   710 621,250
Sr. Unsec’d. Notes 8.700 03/01/49   1,355 1,084,000
Sr. Unsec’d. Notes 8.875 05/29/50   510 413,737
Sr. Unsec’d. Notes, 144A, MTN 6.375 04/11/31 EUR 1,845 1,729,696
Sr. Unsec’d. Notes, EMTN 4.750 04/16/26 EUR 1,075 1,137,175
Sr. Unsec’d. Notes, EMTN 5.625 04/16/30 EUR 1,470 1,355,146
Sr. Unsec’d. Notes, EMTN 7.600 03/01/29   500 477,755
          6,818,759
El Salvador 0.2%
El Salvador Government International Bond,
Sr. Unsec’d. Notes
8.250 04/10/32   1,000 930,000
Gabon 0.1%
Gabon Government International Bond,          
Sr. Unsec’d. Notes, 144A 6.625 02/06/31   200 159,562
Sr. Unsec’d. Notes, 144A 7.000 11/24/31   200 159,563
          319,125
Ghana 0.5%
Ghana Government International Bond,          
Sr. Unsec’d. Notes, 144A 4.710(s) 07/03/26   146 135,262
Sr. Unsec’d. Notes, 144A 4.959(s) 01/03/30   252 190,943
Sr. Unsec’d. Notes, 144A 5.000(cc) 07/03/29   1,241 1,065,795
Sr. Unsec’d. Notes, 144A 5.000(cc) 07/03/35   1,583 1,098,484
          2,490,484
36

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Guatemala 0.3%
Guatemala Government Bond,          
Sr. Unsec’d. Notes 4.375 % 06/05/27   1,140  $1,097,250
Sr. Unsec’d. Notes 4.900 06/01/30   450 428,906
Sr. Unsec’d. Notes 6.125 06/01/50   300 274,406
          1,800,562
Honduras 0.2%
Honduras Government International Bond,
Sr. Unsec’d. Notes
6.250 01/19/27   930 908,203
Ivory Coast 1.1%
Ivory Coast Government International Bond,          
Sr. Unsec’d. Notes 4.875 01/30/32 EUR 270 256,338
Sr. Unsec’d. Notes 5.250 03/22/30 EUR 2,480 2,549,251
Sr. Unsec’d. Notes 5.875 10/17/31 EUR 1,245 1,272,994
Sr. Unsec’d. Notes 6.875 10/17/40 EUR 1,460 1,369,257
Sr. Unsec’d. Notes, 144A 7.625 01/30/33   375 371,816
          5,819,656
Jordan 0.1%
Jordan Government International Bond,
Sr. Unsec’d. Notes, 144A
7.500 01/13/29   515 521,438
Lebanon 0.1%
Lebanon Government International Bond,          
Sr. Unsec’d. Notes, EMTN 6.100 10/04/22(d)   2,000 165,000
Sr. Unsec’d. Notes, GMTN 6.250 05/27/22(d)   2,550 210,375
          375,375
Mongolia 0.0%
Mongolia Government International Bond,
Sr. Unsec’d. Notes, 144A
7.875 06/05/29   205 215,763
37
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Morocco 0.2%
Morocco Government International Bond,          
Sr. Unsec’d. Notes 6.500 % 09/08/33   790  $829,500
Sr. Unsec’d. Notes, 144A 6.500 09/08/33   495 519,750
          1,349,250
Mozambique 0.0%
Mozambique International Bond,
Unsec’d. Notes
9.000 09/15/31   200 166,813
Nigeria 0.2%
Nigeria Government International Bond,          
Sr. Unsec’d. Notes 7.875 02/16/32   920 825,988
Sr. Unsec’d. Notes, EMTN 6.500 11/28/27   450 424,406
          1,250,394
Oman 0.8%
Oman Government International Bond,          
Sr. Unsec’d. Notes 5.625 01/17/28   1,525 1,530,719
Sr. Unsec’d. Notes 6.500 03/08/47   1,120 1,127,000
Sr. Unsec’d. Notes 6.750 01/17/48   720 742,500
Sr. Unsec’d. Notes, EMTN 6.000 08/01/29   1,015 1,036,548
          4,436,767
Pakistan 0.6%
Pakistan Government International Bond,          
Sr. Unsec’d. Notes 6.875 12/05/27   600 542,625
Sr. Unsec’d. Notes 8.250 09/30/25   490 482,650
Sr. Unsec’d. Notes, 144A 8.250 09/30/25   610 600,850
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   660 556,875
          3,186,125
38

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Paraguay 0.3%
Paraguay Government International Bond,          
Sr. Unsec’d. Notes 6.100 % 08/11/44   950  $936,937
Sr. Unsec’d. Notes, 144A 6.000 02/09/36   800 818,400
          1,755,337
Romania 0.7%
Romanian Government International Bond,
Sr. Unsec’d. Notes, 144A
7.125 01/17/33   3,374 3,571,168
Senegal 0.3%
Senegal Government International Bond,          
Sr. Unsec’d. Notes 4.750 03/13/28 EUR 845 850,500
Sr. Unsec’d. Notes 5.375 06/08/37 EUR 460 357,761
Sr. Unsec’d. Notes, 144A 5.375 06/08/37 EUR 570 443,312
          1,651,573
Serbia 0.9%
Serbia International Bond,          
Sr. Unsec’d. Notes 1.500 06/26/29 EUR 1,490 1,457,153
Sr. Unsec’d. Notes 3.125 05/15/27 EUR 1,820 1,948,153
Sr. Unsec’d. Notes, 144A 6.500 09/26/33   1,170 1,221,188
          4,626,494
South Africa 0.2%
Republic of South Africa Government International
Bond,
         
Sr. Unsec’d. Notes(aa) 4.850 09/30/29   1,000 941,250
Sr. Unsec’d. Notes 7.300 04/20/52   400 375,500
          1,316,750
Sri Lanka 0.2%
Sri Lanka Government International Bond,          
Sr. Unsec’d. Notes 5.750 04/18/23(d)   390 237,900
Sr. Unsec’d. Notes 6.200 05/11/27(d)   500 310,625
39
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Sri Lanka (cont’d.)
Sri Lanka Government International Bond, (cont’d.)          
Sr. Unsec’d. Notes 7.550 % 03/28/30(d)   500  $311,250
Sr. Unsec’d. Notes 7.850 03/14/29(d)   400 250,376
          1,110,151
Turkey 2.2%
Turkiye Government International Bond,          
Sr. Unsec’d. Notes(aa) 7.125 07/17/32   1,570 1,572,449
Sr. Unsec’d. Notes(aa) 9.125 07/13/30   1,625 1,812,891
Sr. Unsec’d. Notes, Series 06Y(aa) 9.375 03/14/29   985 1,097,044
Sr. Unsec’d. Notes, Series 10Y(aa) 5.950 01/15/31   1,660 1,581,150
Sr. Unsec’d. Notes, Series 10Y(aa) 6.000 03/25/27   525 530,414
Sr. Unsec’d. Notes, Series 10Y 7.625 05/15/34   695 716,502
Sr. Unsec’d. Notes, Series 10Y(aa) 9.375 01/19/33   1,890 2,156,962
Sr. Unsec’d. Notes, Series 11Y(aa) 4.875 10/09/26   1,260 1,248,187
Sr. Unsec’d. Notes, Series 30Y(aa) 5.750 05/11/47   900 695,250
     
 
Turkiye Ihracat Kredi Bankasi A/S,
Sr. Unsec’d. Notes, 144A, MTN(aa)
9.000 01/28/27   745 785,975
          12,196,824
Ukraine 0.3%
Ukraine Government International Bond,          
Sr. Unsec’d. Notes, 144A 0.000(cc) 02/01/30   172 82,315
Sr. Unsec’d. Notes, 144A 0.000(cc) 02/01/34   643 235,602
Sr. Unsec’d. Notes, 144A 0.000(cc) 02/01/35   543 263,476
Sr. Unsec’d. Notes, 144A 1.750(cc) 02/01/29   279 167,065
Sr. Unsec’d. Notes, 144A 1.750(cc) 02/01/34   950 444,961
Sr. Unsec’d. Notes, 144A 1.750(cc) 02/01/35   610 279,276
Sr. Unsec’d. Notes, 144A 1.750(cc) 02/01/36   515 231,723
          1,704,418
United Arab Emirates 0.2%
Finance Department Government of Sharjah,
Sr. Unsec’d. Notes, 144A
6.500 11/23/32   950 1,000,766
40

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description Interest
Rate
Maturity
Date
Principal
Amount
(000)#
Value
Sovereign Bonds (Continued)
Zambia 0.1%
Zambia Government International Bond,          
Unsec’d. Notes, 144A 0.500 % 12/31/53   532  $285,381
Unsec’d. Notes, 144A 5.750(cc) 06/30/33   567 496,037
          781,418
     
 
Total Sovereign Bonds
(cost $117,182,867)
109,899,672
U.S. Treasury Obligation(k) 0.1%
U.S. Treasury Notes
(cost $598,363)
3.500 09/30/26   605 597,650
    
      Shares  
Common Stocks 2.1%
Jamaica 0.1%
Digicel International Finance Ltd.
(original cost $208,462; purchased 01/29/24 - 01/30/24)*^(f)
      171,102 429,466
Luxembourg 0.3%
Intelsat Emergence SA*       51,488 1,559,649
United States 1.7%
CEC Entertainment, Inc.*       34,226 470,608
Cornerstone Chemical Co.*^       50,669 962,711
Expand Energy Corp.       7,220 611,678
Ferrellgas Partners LP (Class B Stock)^       10,866 1,931,553
GenOn Energy Holdings, Inc. (Class A Stock)*^       14,397 431,910
Heritage Power LLC*^       37,551 1,933,876
Heritage Power LLC*^       1,652 85,078
Heritage Power LLC*^       43,215 21,608
41
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Description     Shares Value
Common Stocks (Continued)
United States (cont’d.)
TPC Group, Inc.
(original cost $528,485; purchased 12/15/22)*^(f)
      48,777  $1,853,526
Venator Materials PLC
(original cost $2,477,338; purchased 03/08/19 - 10/19/23)*^(f)
      2,352 1,176,000
          9,478,548
     
 
Total Common Stocks
(cost $7,494,916)
11,467,663
Preferred Stocks 0.1%
Jamaica 0.1%
Digicel International Finance Ltd.
(original cost $110,180; purchased 01/26/24 - 01/29/24)*^(f)
      18,238 198,884
United States 0.0%
Ferrellgas Escrow LLC, 8.956%, Maturing 03/30/31^
(cost $124,230)
      123 123,000
     
 
Total Preferred Stocks
(cost $234,410)
321,884
     
 
 
Total Long-Term Investments
(cost $706,142,756)
672,886,621
 
Short-Term Investment 0.2%
Affiliated Mutual Fund 
PGIM Core Government Money Market Fund (7-day effective yield 5.011%)
(cost $1,024,193)(wb)
    1,024,193 1,024,193
 
TOTAL INVESTMENTS124.5%
(cost $707,166,949)
673,910,814
Liabilities in excess of other assets(z) (24.5)% (132,728,970)
 
Net Assets 100.0% $541,181,844

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
EUR—Euro
42

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
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.
BNP—BNP Paribas S.A.
BNYM—Bank of New York Mellon
CDX—Credit Derivative Index
CITI—Citibank, N.A.
CLO—Collateralized Loan Obligation
DAC—Designated Activity Company
DIP—Debtor-In-Possession
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.
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
SOFR—Secured Overnight Financing Rate
SONIA—Sterling Overnight Index Average
T—Swap payment upon termination
UAG—UBS AG
    
* 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 $14,459,442 and 2.7% of net assets. 
(aa) Represents security, or a portion thereof, with aggregate value of $314,866,007 segregated as collateral for amount of $145,000,000 borrowed and outstanding as of October 31, 2024.
(c) Variable rate instrument. The interest rate shown reflects the rate in effect at October 31, 2024.
(cc) Variable rate instrument. The rate shown is based on the latest available information as of October 31, 2024. 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 $18,584,266. The aggregate value of $11,950,378 is 2.2% 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.
(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.
(r) Principal or notional amount is less than $500 par.
43
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
(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. 
(z) Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments:
Unfunded loan commitment outstanding at October 31, 2024:
Borrower   Principal
Amount
(000)#
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
Doncasters US Finance LLC, Delayed Draw Term Loan, 1.500%, Maturity Date 04/23/30 (cost $245,396)^    248   $245,520   $124   $—
Futures contracts outstanding at October 31, 2024:
Number
of
Contracts
  Type   Expiration
Date
  Current
Notional
Amount
  Value /
Unrealized
Appreciation
(Depreciation)
Long Positions:
100   2 Year U.S. Treasury Notes   Dec. 2024    $20,594,531    $(173,663)
129   5 Year Euro-Bobl   Dec. 2024   16,578,778   (126,387)
194   10 Year U.S. Treasury Notes   Dec. 2024   21,430,938   (751,054)
85   20 Year U.S. Treasury Bonds   Dec. 2024   10,027,344   (620,545)
51   30 Year U.S. Ultra Treasury Bonds   Dec. 2024   6,406,875   (401,706)
171   Euro Schatz Index   Dec. 2024   19,816,999   (20,602)
                (2,093,957)
Short Positions:
21   5 Year U.S. Treasury Notes   Dec. 2024   2,251,922   24,583
31   10 Year U.K. Gilt   Dec. 2024   3,759,056   202,930
                227,513
                $(1,866,444)
 Forward foreign currency exchange contracts outstanding at October 31, 2024:
Purchase
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts:
British Pound,
Expiring 11/05/24   CITI   GBP 28,529    $37,081,954    $36,786,414    $   $(295,540)
Expiring 11/05/24   HSBC   GBP 244   317,742   314,993     (2,749)
Expiring 11/05/24   JPM   GBP 1,197   1,602,875   1,544,028     (58,847)
Expiring 12/03/24   UAG   GBP 413   536,829   532,304     (4,525)
44

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Forward foreign currency exchange contracts outstanding at October 31, 2024 (continued):
Purchase
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts (cont’d.):
Euro,
Expiring 11/05/24   BNP   EUR 66,009    $71,422,098    $71,819,190    $397,092    $
Expiring 11/05/24   JPM   EUR 400   439,176   435,206     (3,970)
              $111,400,674   $111,432,135   397,092   (365,631)
    
Sale
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts:
British Pound,
Expiring 11/05/24   HSBC   GBP 29,971    $40,118,713    $38,645,435    $1,473,278    $
Expiring 12/03/24   CITI   GBP 28,529   37,080,741   36,784,747   295,994  
Expiring 12/03/24   HSBC   GBP 590   758,665   760,911     (2,246)
Euro,
Expiring 11/05/24   BNP   EUR 59,337   66,385,772   64,559,424   1,826,348  
Expiring 11/05/24   BNYM   EUR 2,097   2,271,412   2,281,685     (10,273)
Expiring 11/05/24   HSBC   EUR 1,282   1,432,437   1,394,500   37,937  
Expiring 11/05/24   HSBC   EUR 374   404,138   406,837     (2,699)
Expiring 11/05/24   JPM   EUR 1,681   1,878,248   1,829,372   48,876  
Expiring 11/05/24   MSI   EUR 937   1,013,113   1,019,853     (6,740)
Expiring 11/05/24   MSI   EUR 701   758,806   762,724     (3,918)
Expiring 12/03/24   BNP   EUR 66,009   71,504,147   71,899,926     (395,779)
Expiring 12/03/24   BNP   EUR 918   993,763   1,000,206     (6,443)
              $224,599,955   $221,345,620   3,682,433   (428,098)
                      $4,079,525   $(793,729)
Credit default swap agreements outstanding at October 31, 2024:
Reference
Entity/
Obligation
Termination
Date
  Fixed
Rate
  Notional
Amount
(000)#(3)
  Value at
Trade Date
  Value at
October 31,
2024
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swap Agreement on credit indices - Buy Protection(1):
CDX.NA.HY.43.V1 12/20/29   5.000%(Q)     34,750   $(2,522,064)   $(2,585,490)   $(63,426)
    
45
Global High Yield Fund, Inc

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Credit default swap agreements outstanding at October 31, 2024 (continued):
Reference
Entity/
Obligation
Termination
Date
  Fixed
Rate
  Notional
Amount
(000)#(3)
  Implied Credit
Spread at
October 31,
2024(4)
  Value at
Trade Date
  Value at
October 31,
2024
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swap Agreement on credit indices - Sell Protection(2):
CDX.NA.IG.43.V1 12/20/29   1.000%(Q)     8,200   0.539%   $182,916   $183,436   $520
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.
   
46

PGIM Global High Yield Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of October 31, 2024
Total return swap agreements outstanding at October 31, 2024:
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)/ 4.900%   MSI   12/20/24   (7,840)    $128,317    $—    $128,317
iBoxx US Dollar Liquid Investment Grade Index(T)   1 Day SOFR(Q)/ 4.900%   GSI   12/20/24   (5,730)   179,792     179,792
                    $308,109   $—   $308,109
(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).
47
Global High Yield Fund, Inc

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