Press coverage about Prudential Short Duration High Yield FD (NYSE:ISD) has trended somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Prudential Short Duration High Yield FD earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.556579887094 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Prudential Short Duration High Yield FD (NYSE:ISD) opened at $14.80 on Friday. Prudential Short Duration High Yield FD has a 52-week low of $14.69 and a 52-week high of $16.02.

The company also recently disclosed a monthly dividend, which will be paid on Monday, January 8th. Shareholders of record on Friday, December 29th will be given a $0.0925 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 7.50%.

In other news, Director Barry H. Evans acquired 14,996 shares of Prudential Short Duration High Yield FD stock in a transaction on Friday, November 3rd. The stock was bought at an average price of $15.10 per share, for a total transaction of $226,439.60. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

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About Prudential Short Duration High Yield FD

Prudential Short Duration High Yield Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income by investing primarily in higher-rated, below-investment-grade fixed income instruments. The Fund seeks to maintain a weighted average portfolio duration of approximately three years or less and a weighted average maturity of over five years or less.

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