0001752724-22-227033.txt : 20221014 0001752724-22-227033.hdr.sgml : 20221014 20221014114852 ACCESSION NUMBER: 0001752724-22-227033 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220731 FILED AS OF DATE: 20221014 DATE AS OF CHANGE: 20221014 EFFECTIVENESS DATE: 20221014 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PGIM High Yield Bond Fund, Inc. CENTRAL INDEX KEY: 0001534880 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-22632 FILM NUMBER: 221310667 BUSINESS ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 17TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 973-802-5032 MAIL ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 17TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: PGIM Short Duration High Yield Fund, Inc. DATE OF NAME CHANGE: 20180626 FORMER COMPANY: FORMER CONFORMED NAME: Prudential Short Duration High Yield Fund, Inc. DATE OF NAME CHANGE: 20120209 FORMER COMPANY: FORMER CONFORMED NAME: Prudential Short Term High Yield Fund, Inc. DATE OF NAME CHANGE: 20111115 N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0001534880 XXXXXXXX 811-22632 false false false N-2 PGIM High Yield Bond Fund, Inc. 811-22632 0001534880 P63V0W84H2Z3IOKHSM44 655 Broad Street Newark 07102-4077 US-NJ US 1-800-225-1852 The Bank of New York Mellon 240 Greenwich Street New York 10286 1-212-495-1784 Records related to its functions as custodian. PGIM Limited Grand Buildings, 1-3 Strand Trafalgar Square London GB WC2N 5HR 44-020-7766-2400 Records related to its functions as subadvisor. PGIM, Inc. 655 BROAD STREET NEWARK 07102-4077 973-802-6000 Records related to its functions as subadvisor. PGIM High Yield Bond Fund, Inc. 655 Broad Street Newark 07102-4077 1-800-225-1852 Records related to its functions as registrant. PGIM INVESTMENTS LLC 655 Broad Street Newark 07102-4077 1-800-225-1852 Records related to its functions as advisor. N N N-2 Y Keith F. Hartstein N/A N Ellen S. Alberding N/A N Kevin J. Bannon N/A N Grace C. Torres N/A Y Brian K. Reid N/A N Scott E. Benjamin 004385999 Y Stuart S. Parker 001767335 Y Barry H. Evans N/A N Isabelle Sajous N/A c/o PGIM Investments LLC 655 Broad Street Newark 07102-4077 XXXXXX Y N N N N N PricewaterhouseCoopers LLP 238 5493002GVO7EO8RNNS37 N N N N N N PGIM High Yield Bond Fund, Inc. 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BAIRD & CO. INC. 008-00497 000008158 549300772UJAHRD6LO53 3449.60000000 3450.00000000 GOLDMAN SACHS & CO. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 45594500.53000000 CREDIT SUISSE SECURITIES (USA) LLC 008-00422 000000816 1V8Y6QCX6YMJ2OELII46 17354987.22000000 MARKETAXESS CORPORATION 008-50727 000044542 GPSMMRI21JE7ZCVYF972 16873863.85000000 J.P. Morgan Securities LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 48959003.23000000 RBC CAPITAL MARKETS LLC 008-45411 000031194 549300LCO2FLSSVFFR64 12237101.76000000 CitiGroup Global Markets Inc. 008-08177 000007059 MBNUM2BPBDO7JBLYG310 25168111.84000000 BARCLAYS CAPITAL, INC. 008-41342 000019714 AC28XWWI3WIBK2824319 31583334.14000000 MORGAN STANLEY & CO. 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Report of Independent Registered Public Accounting Firm

To the Board of Directors of PGIM High Yield Bond Fund, Inc. and Shareholders of PGIM High Yield Bond Fund, Inc.

In planning and performing our audit of the financial statements of PGIM High Yield Bond Fund, Inc. (the "Fund") as of and for the year ended July 31, 2022, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Fund's internal control over financial reporting.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of July 31, 2022.

This report is intended solely for the information and use of the Board of Directors of PGIM High Yield Bond Fund, Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ PricewaterhouseCoopers LLP
September 16, 2022

PricewaterhouseCoopers LLP, PricewaterhouseCoopers Center, 300 Madison Avenue, New York, NY 10017
T: (646) 471 3000, www.pwc.com/us