N-CSRS

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number:	811-04661
Exact name of registrant as specified in charter:	Prudential Global Total Return Fund, Inc.
Address of principal executive offices:	Gateway Center 3,
	100 Mulberry Street,
	Newark, New Jersey 07102
Name and address of agent for service:	Deborah A. Docs
	Gateway Center 3,
	100 Mulberry Street,
	Newark, New Jersey 07102
Registrant’s telephone number, including area code:	800-225-1852
Date of fiscal year end:	10/31/2015
Date of reporting period:	4/30/2015

Item 1 – Reports to Stockholders –

PRUDENTIAL INVESTMENTS»MUTUAL FUNDS

PRUDENTIAL GLOBAL TOTAL RETURN FUND, INC.

SEMIANNUAL REPORT ^· APRIL 30, 2015

Objective

Total return, made up of current income and capital appreciation

This report is not authorized for distribution to prospective investors unless preceded or accompanied by a current prospectus.

The views expressed in this report and information about the Fund’s portfolio holdings are for the period covered by this report and are subject to change thereafter.

The accompanying financial statements as of April 30, 2015, were not audited and, accordingly, no auditor’s opinion is expressed on them.

Mutual funds are distributed by Prudential Investment Management Services LLC (PIMS). Prudential Fixed Income is a unit of Prudential Investment Management, Inc. (PIM), a registered investment adviser. PIMS and PIM are Prudential Financial Companies. ^© 2015 Prudential Financial, Inc. and its related entities. Prudential Investments LLC, Prudential, the Prudential logo, Bring Your Challenges, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

PRUDENTIAL GLOBAL TOTAL RETURN FUND, INC.

Supplement dated March 9, 2015 to the

Currently Effective Prospectus

In an effort to further enhance the trading capabilities of the Prudential Global Total Return Fund, Inc. (the “Fund”), the Board of Directors has approved the addition of Pramerica Investment Management Limited (“PIML”), an indirect, wholly-owned subsidiary of Prudential Investment Management, Inc. (“PIM”), as a sub-subadviser to the Fund. PIM will continue to serve as the Fund’s subadviser with PIML providing investment advisory services with respect to securities in certain foreign markets.

To reflect this change, the Prospectus is revised as follows, effective on March 9, 2015:

I. In the section of the Prospectus entitled Fund Summary—Management of the Fund, the following footnote is hereby added beneath the chart:

Pramerica Investment Management Limited (PIML), an indirect wholly-owned subsidiary of Prudential Investment Management, Inc., serves as a sub-subadviser to the Fund.

II. In the section of the Prospectus entitled How the Fund is Managed—Investment Subadviser, the following is hereby added:

Pramerica Investment Management Limited (PIML), an indirect wholly-owned subsidiary of PIM, serves as a sub-subadviser to the Fund pursuant to a sub-subadvisory agreement with PIM. PIML is located at Grand Buildings, 1-3 Strand, Trafalgar Square, London WC2N 5HR. PIML provides investment advisory services with respect to securities in certain foreign markets. As of October 2014, PIML managed approximately $18.4 billion in assets.

LR731

June 15, 2015

Dear Shareholder:

We hope you find the semiannual report for the Prudential Global Total Return Fund, Inc. informative and useful. The report covers performance for the six-month period that ended April 30, 2015.

Since market conditions change over time, we believe it is important to maintain a diversified portfolio of funds consistent with your tolerance for risk, time horizon, and financial goals.

Your financial advisor can help you create a diversified investment plan that may include funds covering all the basic asset classes and that reflects your personal investor profile and risk tolerance. Keep in mind, however, that diversification and asset allocation strategies do not assure a profit or protect against loss in declining markets.

Prudential Investments^® is dedicated to helping you solve your toughest investment challenges—whether it’s capital growth, reliable income, or protection from market volatility and other risks. We offer the expertise of Prudential Financial’s affiliated asset managers that strive to be leaders in a broad range of funds to help you stay on course to the future you envision. They also manage money for major corporations and pension funds around the world, which means you benefit from the same expertise, innovation, and attention to risk demanded by today’s most sophisticated investors.

Thank you for choosing the Prudential Investments family of funds.

Sincerely,

Stuart S. Parker, President

Prudential Global Total Return Fund, Inc.

Prudential Global Total Return Fund, Inc. 1

Your Fund’s Performance (Unaudited)

Performance data quoted represent past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the past performance data quoted. An investor may obtain performance data as of the most recent month-end by visiting our website at www.prudentialfunds.com or by calling (800) 225-1852.

Cumulative Total Returns (Without Sales Charges) as of 4/30/15
	Six Months			One Year			Five Years			Ten Years			Since Inception
Class A		–1.43	%		–1.51	%		29.83	%		63.48	%		—
Class B		–1.78			–2.23			25.14			51.71			—
Class C		–1.65			–2.24			25.71			54.52			—
Class Q		–1.43			–1.32			N/A			N/A			11.14% (2/3/12)
Class Z		–1.17			–1.26			31.55			67.68			—
Barclays Global Aggregate Bond Index		–1.92			–3.73			13.25			42.25			—
Lipper Global Income Funds Average		–0.63			–0.49			18.68			49.97			—
Lipper Custom Global Income Funds Average*		–1.61			–2.22			15.72			44.08			—
Average Annual Total Returns (With Sales Charges) as of 3/31/15
				One Year			Five Years			Ten Years			Since Inception
Class A					–5.39	%		4.30	%		4.52	%		—
Class B					–6.56			4.31			4.21			—
Class C					–2.62			4.57			4.40			—
Class Q					0.26			N/A			N/A			3.10% (2/3/12)
Class Z					–0.69			5.51			5.27			—
Barclays Global Aggregate Bond Index					–3.66			2.31			3.61			—
Lipper Global Income Funds Average					–0.04			3.50			4.18			—
Lipper Custom Global Income Funds Average*					–1.99			2.88			3.75			—

*The Lipper Custom Global Income Funds Average consists only of un-hedged funds within Lipper’s Global Income Funds Universe and not the entire Global Income Funds Universe, although Lipper classifies the Fund in the Global Income Funds Performance Universe. The Lipper Custom Global Income Funds Average is utilized because the Manager believes that the funds included in this Universe provide a more appropriate basis for Fund performance comparisons.

2 Visit our website at www.prudentialfunds.com

Source: Prudential Investments LLC and Lipper Inc.

Inception returns are provided for any share class with less than 10 calendar years of returns.

The returns in the tables do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or following the redemption of Fund shares. The average annual total returns take into account applicable sales charges, which are described for each share class in the table below.

	Class A	Class B*	Class C	Class Q	Class Z
Maximum initial sales charge	4.50% of the public offering price	None	None	None	None
Contingent deferred sales charge (CDSC) (as a percentage of the lower of original purchase price or net asset value at redemption)	1% on sales of $1 million or more made within 12 months of purchase	5% (Yr. 1) 4% (Yr. 2) 3% (Yr. 3) 2% (Yr. 4) 1% (Yr. 5/6) 0% (Yr.  7)	1% on sales made within 12 months of purchase	None	None
Annual distribution and service (12b-1) fees (shown as a percentage of average daily net assets)	.25%	1%	1%	None	None

*Class B shares are closed to all purchase activity and no additional Class B shares may be purchased or acquired except by exchange from Class B shares of another Fund or through dividend or capital gains reinvestment.

Benchmark Definitions

Barclays Global Aggregate Bond Index

The Barclays Global Aggregate Bond Index is an unmanaged index of global investment-grade fixed income markets. The three major components of this index are the US Aggregate, the Pan-European Aggregate, and the Asian-Pacific Aggregate Indices. The index also includes Euro dollar and Euro-Yen corporate bonds, Canadian government, and agency and corporate securities. The cumulative total return for the Index measured from the month-end closest to the inception date for Class Q shares through 4/30/2015 is –0.36%. The average annual total return for the Index measured from the month-end closest to the inception date for Class Q shares through 3/31/15 is –0.45%.

Lipper Global Income Funds Average

The Lipper Global Income Funds Average (Lipper Average) is based on the average return of all funds in the Lipper Global Income Funds category for the periods noted. Funds in the Lipper Average invest primarily in US dollar and non-US dollar debt securities of issuers located in at least three countries, one of which may be the United States. The cumulative total return for the Lipper Average measured from the month-end closest to the inception date for Class Q shares through 4/30/2015 is 6.24%. The average annual total return for the Lipper Average measured from the month-end closest to the inception date for Class Q shares through 3/31/15 is 1.75%.

Prudential Global Total Return Fund, Inc. 3

Your Fund’s Performance (continued)

Lipper Custom Global Income Funds Average

The Lipper Custom Global Income Funds Average (Lipper Custom Average) consists only of un-hedged funds within Lipper’s Global Income Funds Universe and not the entire Global Income Funds Universe, although Lipper classifies the Fund in the Global Income Funds Performance Universe. The cumulative total return for the Lipper Custom Average measured from the month-end closest to the inception date for Class Q shares through 4/30/2015 is 3.58%. The average annual total return for the MSCI World ND Index measured from the month-end closest to the inception date for Class Q shares through 3/31/15 is 0.86%.

Investors cannot invest directly in an index or average. The returns for the Index would be lower if they included the effects of sales charges, operating expenses of a mutual fund, or taxes. Returns for the Lipper Average reflect the deduction of operating expenses, but not sales charges or taxes. The Since Inception returns for the Index and the Lipper Averages are measured from the closest month-end to the inception date for the indicated share class.

Five Largest Holdings expressed as a percentage of net assets as of 4/30/15
Italy Buoni Poliennali del Tesoro, Bonds, 4.750%, 05/01/2017	1.8	%
Spain Government Bond, Sr. Unsec’d. Notes, 5.850%, 01/31/2022	1.4
Catamaran CLO Ltd., Series 2014-1A, Class A2, 144A, 2.075%, 04/20/2026	1.3
Cyprus Government International Bond, Sr. Unsec’d. Notes, MTN, Regs, 4.625%, 02/03/2020	1.3
Italy Buoni Poliennali del Tesoro, Bonds, 6.500%, 11/01/2027	1.0

Holdings reflect only long-term investments and are subject to change.

Distributions and Yields as of 4/30/15
	Total Distributions Paid for Six Months		30-Day SEC Yield			30-Day Unsubsidized SEC Yield
Class A	$	0.12		2.44	%		2.31	%
Class B		0.10		1.81			1.67
Class C		0.10		1.81			1.67
Class Q		0.13		2.77			2.77
Class Z		0.13		2.79			2.65

4 Visit our website at www.prudentialfunds.com

Fees and Expenses (Unaudited)

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchase payments and redemptions, as applicable, and (2) ongoing costs, including management fees, distribution and/or service (12b-1) fees, and other Fund expenses, as applicable. This example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds.

The example is based on an investment of $1,000 invested on November 1, 2014, at the beginning of the period, and held through the six-month period ended April 30, 2015. The example is for illustrative purposes only; you should consult the Prospectus for information on initial and subsequent minimum investment requirements.

Actual Expenses

The first line for each share class in the table on the following page provides information about actual account values and actual expenses. You may use the information on this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value ÷ $1,000 = 8.6), then multiply the result by the number on the first line under the heading “Expenses Paid During the Six-Month Period” to estimate the expenses you paid on your account during this period.

Hypothetical Example for Comparison Purposes

The second line for each share class in the table below provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

The Fund’s transfer agent may charge additional fees to holders of certain accounts that are not included in the expenses shown in the table on the following page. These fees apply to individual retirement accounts (IRAs) and Section 403(b) accounts. As of the close of the six-month period covered by the table, IRA fees included an annual maintenance fee of $15 per account (subject to a maximum annual maintenance fee of $25 for all accounts held by the same shareholder). Section 403(b) accounts are charged an annual $25 fiduciary maintenance fee. Some of the fees may vary in amount, or may be waived, based on your total account balance or the number of Prudential Investments funds, including the Fund, that you own. You should consider

Prudential Global Total Return Fund, Inc. 5

Fees and Expenses (continued)

the additional fees that were charged to your Fund account over the six-month period when you estimate the total ongoing expenses paid over the period and the impact of these fees on your ending account value, as these additional expenses are not reflected in the information provided in the expense table. Additional fees have the effect of reducing investment returns.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs such as sales charges (loads). Therefore, the second line for each share class in the table is useful in comparing ongoing costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

Prudential Global  Total Return Fund, Inc.		Beginning Account Value November 1, 2014		Ending Account Value April 30, 2015		Annualized Expense Ratio Based on the Six-Month Period			Expenses Paid During the Six-Month  Period*
Class A	Actual	$	1,000.00	$	985.70		1.06	%	$	5.22
	Hypothetical	$	1,000.00	$	1,019.54		1.06	%	$	5.31
Class B	Actual	$	1,000.00	$	982.20		1.81	%	$	8.90
	Hypothetical	$	1,000.00	$	1,015.82		1.81	%	$	9.05
Class C	Actual	$	1,000.00	$	983.50		1.81	%	$	8.90
	Hypothetical	$	1,000.00	$	1,015.82		1.81	%	$	9.05
Class Q	Actual	$	1,000.00	$	985.70		0.80	%	$	3.94
	Hypothetical	$	1,000.00	$	1,020.83		0.80	%	$	4.01
Class Z	Actual	$	1,000.00	$	988.30		0.81	%	$	3.99
	Hypothetical	$	1,000.00	$	1,020.78		0.81	%	$	4.06

*Fund expenses (net of fee waivers or subsidies, if any) for each share class are equal to the annualized expense ratio for each share class (provided in the table), multiplied by the average account value over the period, multiplied by the 181 days in the six-month period ended April 30, 2015, and divided by the 365 days in the Fund’s fiscal year ending October 31, 2015 (to reflect the six-month period). Expenses presented in the table include the expenses of any underlying portfolios in which the Fund may invest.

6 Visit our website at www.prudentialfunds.com

The Fund’s annualized expense ratios for the six-month period ended April 30, 2015, are as follows:

Class	Gross Operating Expenses			Net Operating Expenses
A		1.23	%		1.06	%
B		1.94			1.81
C		1.94			1.81
Q		0.80			0.80
Z		0.94			0.81

Net operating expenses shown above reflect any fee waivers and/or expense reimbursements. Additional information on Fund expenses and any fee waivers and/or expense reimbursements can be found in the “Financial Highlights” tables in this report and in the Notes to the Financial Statements in this report.

Prudential Global Total Return Fund, Inc. 7

Portfolio of Investments

as of April 30, 2015 (Unaudited)

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
LONG-TERM INVESTMENTS    96.3%
FOREIGN BONDS    52.9%
Australia    0.1%
Australia Government Bond, Sr. Unsec’d. Notes	4.750%		06/15/16	AUD	200	$	163,123
New South Wales Treasury Corp., Local Gov’t. Gtd. Notes	5.000		08/20/24	AUD	200		185,069
							348,192
Austria
Austria Government International Bond, Sr. Unsec’d. Notes, MTN, RegS	5.375		12/01/34	CAD	100		106,274
Belgium    1.3%
Kingdom of Belgium, Bonds, RegS	9.375		02/21/20	GBP	188		387,214
Notes, MTN	5.000		04/24/18	GBP	2,000		3,389,565
Notes, MTN	5.700		05/28/32	GBP	150		315,602
Notes, RegS	8.875		12/01/24		500		752,050
							4,844,431
Brazil    1.5%
Brazil Notas do Tesouro Nacional B, Series NTNB, Notes	6.000		08/15/50	BRL	424		368,422
Brazil Notas do Tesouro Nacional F, Series NTNF, Notes	10.000		01/01/21	BRL	750		221,675
Brazilian Government International Bond, Sr. Unsec’d. Notes	2.875		04/01/21	EUR	300		346,119
Sr. Unsec’d. Notes	4.875		01/22/21		500		534,250
Unsec’d. Notes	11.000		06/26/17	EUR	2,744		3,720,836
JBS USA LLC/JBS USA Finance, Inc., Gtd. Notes, 144A (original cost $175,275; purchased 12/08/11)(a)(b)	7.250		06/01/21		190		200,450
Minerva Luxembourg SA, Gtd. Notes, 144A	12.250		02/10/22		200		219,800
Schahin II Finance Co. SPV Ltd., Sr. Sec’d. Notes, 144A (original cost $220,424; purchased 03/27/12)(a)(b)(c)	5.875		09/25/22		217		112,927
							5,724,479

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 9

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
Bulgaria    0.2%
Bulgaria Government International Bond, Sr. Unsec’d. Notes, RegS	4.250%		07/09/17	EUR	500	$	602,129
Canada    0.7%
Agrium, Inc., Sr. Unsec’d. Notes	6.125		01/15/41		25		30,024
Barrick North America Finance LLC, Gtd. Notes	5.700		05/30/41		45		44,572
Gtd. Notes	5.750		05/01/43		35		35,461
Barrick PD Australia Finance Pty. Ltd., Gtd. Notes	5.950		10/15/39		50		49,738
Canadian Government Bond, Bonds(d)	1.750		09/01/19	CAD	700		601,031
Bonds(d)(e)	4.000		06/01/41	CAD	650		728,479
Unsec’d. Notes(e)	2.750		06/01/22	CAD	200		182,118
Canadian Pacific Railway Co., Sr. Unsec’d. Notes	6.500		05/15/18		77		87,462
Province of Alberta Canada, Unsec’d. Notes	3.400		12/01/23	CAD	200		182,984
Province of British Columbia, Notes	3.300		12/18/23	CAD	200		181,988
Unsec’d. Notes	3.200		06/18/44	CAD	200		174,569
Unsec’d. Notes	7.875		11/30/23	CAD	117		138,726
TransAlta Corp., Sr. Unsec’d. Notes	6.650		05/15/18		200		223,351
							2,660,503
Cayman Islands    0.2%
Cayman Islands Government Bond, Sr. Unsec’d. Notes, RegS	5.950		11/24/19		500		571,250
Chile
Chile Government International Bond, Sr. Unsec’d. Notes	1.625		01/30/25	EUR	100		117,843
China    0.7%
China Government Bond, Sr. Unsec’d. Notes	1.800		12/01/15	CNH	1,000		159,252
Sr. Unsec’d. Notes, RegS	1.850		06/29/15	CNH	12,000		1,928,151
Sinopec Group Overseas Development 2015 Ltd., Gtd. Notes, 144A	2.500		04/28/20		500		496,113
							2,583,516

See Notes to Financial Statements.

10

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
Colombia    0.7%
Colombia Government International Bond, Sr. Unsec’d. Notes	4.000%		02/26/24		1,000	$	1,027,500
Sr. Unsec’d. Notes	8.700		02/15/16		88		93,720
Sr. Unsec’d. Notes	11.750		02/25/20		715		987,773
Sr. Unsec’d. Notes	12.000		10/22/15	COP	1,000,000		432,863
Pacific Rubiales Energy Corp., Gtd. Notes, 144A	5.375		01/26/19		200		156,540
							2,698,396
Costa Rica    0.1%
Costa Rica Government International Bond, Sr. Unsec’d. Notes, 144A	4.375		04/30/25		500		465,000
Cyprus    1.7%
Cyprus Government International Bond, Sr. Unsec’d. Notes, MTN, RegS	3.750		11/01/15	EUR	1,431		1,604,390
Sr. Unsec’d. Notes, MTN, RegS	4.625		02/03/20	EUR	4,097		4,837,237
							6,441,627
Czech Republic    0.1%
Czech Republic International, Sr. Unsec’d. Notes, MTN, RegS	3.625		04/14/21	EUR	284		379,798
Denmark    0.1%
Denmark Government Bond, Bonds	1.750		11/15/25	DKK	520		88,658
Bonds	4.500		11/15/39	DKK	500		134,765
							223,423
Finland    0.3%
Finland Government International Bond, Sr. Unsec’d. Notes	6.950		02/15/26		340		463,407
Sr. Unsec’d. Notes, MTN	2.250		01/18/17	SEK	5,000		615,047
							1,078,454
France    0.4%
Credit Agricole Assurances SA, Sub. Notes, RegS	4.250(f)		01/29/49	EUR	1,000		1,183,204
France Government Bond OAT, Bonds(d)	1.750		11/25/24	EUR	300		373,301
							1,556,505

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 11

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
Germany    1.2%
Deutsche Annington Finance BV, Gtd. Notes, RegS	4.625%(f)		04/08/74	EUR	1,000	$	1,193,847
Fresenius Medical Care U.S. Finance II, Inc., Gtd. Notes, 144A	4.125		10/15/20		325		330,687
KFW, Gov’t. Gtd. Notes	4.700		06/02/37	CAD	179		182,662
RWE AG, Jr. Sub. Notes, RegS	4.625(f)		09/28/49	EUR	200		227,153
Techem Energy Metering Service GmbH & Co. KG, Gtd. Notes, MTN, 144A	7.875		10/01/20	EUR	275		339,755
Techem GmbH, Sr. Sec’d. Notes, MTN, 144A	6.125		10/01/19	EUR	500		595,813
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH, Sr. Sec’d. Notes, 144A	5.500		09/15/22	EUR	405		488,952
Volkswagen International Finance NV, Gtd. Notes, RegS	3.750(f)		12/31/49	EUR	1,000		1,208,693
							4,567,562
Greece    0.8%
Hellenic Republic Government International Bond, Sr. Unsec’d. Notes	5.250		02/01/16	JPY	340,900		1,870,096
Sr. Unsec’d. Notes(b)	5.250		02/01/16	JPY	6,500		36,474
Sr. Unsec’d. Notes	5.800		07/14/15	JPY	150,000		741,206
Sr. Unsec’d. Notes, MTN	3.800		08/08/17	JPY	54,000		289,886
							2,937,662
Hungary    2.1%
Hungary Government Bond, Bonds	5.500		12/20/18	HUF	100,000		408,494
Hungary Government International Bond, Sr. Unsec’d. Notes	2.110		10/26/17	JPY	100,000		837,844
Sr. Unsec’d. Notes	4.000		03/25/19		332		346,525
Sr. Unsec’d. Notes	5.375		02/21/23		450		503,537
Sr. Unsec’d. Notes, MTN	4.000		05/20/16	CHF	600		668,718
Sr. Unsec’d. Notes, RegS	4.375		07/04/17	EUR	1,000		1,202,944
Sr. Unsec’d. Notes, RegS	5.000		03/30/16	GBP	200		316,148
Sr. Unsec’d. Notes, RegS	5.750		06/11/18	EUR	500		640,839
Sr. Unsec’d. Notes, RegS	6.000		01/11/19	EUR	2,500		3,295,287
							8,220,336

See Notes to Financial Statements.

12

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
Iceland    0.5%
Iceland Government International Bond, Unsec’d. Notes, RegS	4.875%		06/16/16		1,500	$	1,557,070
Unsec’d. Notes, RegS	5.875		05/11/22		225		260,705
							1,817,775
India    0.5%
Bharti Airtel International Netherlands BV, Gtd. Notes, 144A	5.125		03/11/23		200		216,607
Export-Import Bank of India, Sr. Unsec’d. Notes, MTN, RegS	5.760		04/05/18	AUD	1,000		830,404
State Bank of India, Sr. Unsec’d. Notes, MTN, RegS	4.500		11/30/15	EUR	700		802,384
							1,849,395
Indonesia    1.7%
Berau Capital Resources, Sr. Sec’d. Notes, RegS	12.500		07/08/15		400		217,600
Indonesia Government International Bond, Sr. Unsec’d. Notes, MTN, 144A	2.875		07/08/21	EUR	900		1,061,094
Sr. Unsec’d. Notes, MTN, 144A	4.125		01/15/25		335		341,281
Sr. Unsec’d. Notes, MTN, RegS	2.875		07/08/21	EUR	546		643,731
Majapahit Holding BV, Gtd. Notes, RegS	7.750		01/20/20		800		939,136
Pertamina Persero PT, Sr. Unsec’d. Notes, 144A	4.300		05/20/23		500		496,250
Perusahaan Penerbit SBSN Indonesia II, Sr. Unsec’d. Notes, RegS	4.000		11/21/18		2,200		2,312,750
Perusahaan Penerbit SBSN Indonesia III, Sr. Unsec’d. Notes, 144A	4.350		09/10/24		300		308,106
Sr. Unsec’d. Notes, 144A	6.125		03/15/19		375		422,858
							6,742,806
Ireland    1.4%
CRH America, Inc., Gtd. Notes	8.125		07/15/18		110		130,607
Ireland Government Bond, Bonds, RegS	2.400		05/15/30	EUR	1,200		1,564,283
Unsec’d. Notes, RegS	3.400		03/18/24	EUR	2,690		3,693,364
							5,388,254
Israel    0.3%
Israel Government International Bond, Sr. Unsec’d. Notes, MTN	3.750		10/12/15	EUR	1,000		1,137,897

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 13

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
Italy    6.0%
Cassa Depositi e Prestiti SpA, Sr. Unsec’d. Notes, MTN, RegS	4.750%		06/18/19	EUR	500	$	648,961
Italy Buoni Poliennali del Tesoro,
Bonds	2.500		12/01/24	EUR	100		122,590
Bonds	3.750		09/01/24	EUR	900		1,211,121
Bonds	4.500		05/01/23	EUR	2,700		3,787,194
Bonds	4.750		05/01/17	EUR	5,520		6,762,057
Bonds	5.500		11/01/22	EUR	700		1,028,747
Bonds	6.500		11/01/27	EUR	2,295		3,939,373
Bonds, RegS	4.750		09/01/44	EUR	500		828,799
Italy Government International Bond, Sr. Unsec’d. Notes, MTN	5.200		07/31/34	EUR	250		392,671
Sr. Unsec’d. Notes, MTN, RegS	5.250		12/07/34	GBP	232		415,995
Sr. Unsec’d. Notes, MTN, RegS	5.750		07/25/16	EUR	201		240,891
Sr. Unsec’d. Notes, MTN, RegS	6.000		08/04/28	GBP	407		774,323
Sr. Unsec’d. Notes, RegS	3.450		03/24/17	JPY	129,000		1,127,172
Sr. Unsec’d. Notes, RegS	3.700		11/14/16	JPY	95,000		827,620
Sr. Unsec’d. Notes, RegS	4.500		06/08/15	JPY	144,000		1,209,993
							23,317,507
Japan    0.9%
Japan Finance Organization for Municipalities, Gov’t. Gtd. Notes, MTN	5.750		08/09/19	GBP	400		715,901
Japan Government Twenty Year Bond, Sr. Unsec’d. Notes	1.400		09/20/34	JPY	145,000		1,285,674
Sr. Unsec’d. Notes	1.500		06/20/34	JPY	50,000		451,592
MUFG Capital Finance 1 Ltd., Gtd. Notes	6.346(f)		07/29/49		120		126,000
Nomura Holdings, Inc., Sr. Unsec’d. Notes, MTN	2.000		09/13/16		800		807,732
							3,386,899
Kazakhstan    0.2%
Kazakhstan Government International Bond, Sr. Unsec’d. Notes, 144A	3.875		10/14/24		925		894,938
Latvia    0.8%
Republic of Latvia, Sr. Unsec’d. Notes, 144A	5.250		06/16/21		500		576,250
Sr. Unsec’d. Notes, RegS	2.750		01/12/20		400		406,676
Sr. Unsec’d. Notes, RegS	5.250		02/22/17		1,000		1,071,514

See Notes to Financial Statements.

14

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
Latvia (cont’d.)
Sr. Unsec’d. Notes, RegS	5.250%		06/16/21		500	$	576,250
Unsec’d. Notes, 144A	2.625		01/21/21	EUR	500		634,832
							3,265,522
Lithuania    0.5%
Lithuania Government International Bond, Sr. Unsec’d. Notes, MTN, RegS	3.375		01/22/24	EUR	500		694,764
Sr. Unsec’d. Notes, RegS	6.125		03/09/21		700		827,750
Sr. Unsec’d. Notes, RegS	6.625		02/01/22		200		246,452
Sr. Unsec’d. Notes, RegS	7.375		02/11/20		245		297,430
							2,066,396
Macedonia    0.1%
Former Yugoslav Republic of Macedonia, Unsec’d. Notes, 144A	3.975		07/24/21	EUR	500		569,847
Malaysia    0.5%
1Malaysia Sukuk Global Bhd, Sr. Unsec’d. Notes, RegS	3.928		06/04/15		825		826,980
Wakala Global Sukuk Bhd, Sr. Unsec’d. Notes, RegS	4.646		07/06/21		1,100		1,218,360
							2,045,340
Mexico    3.6%
CEMEX Espana SA, Sr. Sec’d. Notes, 144A	9.875		04/30/19		1,000		1,104,380
Mexican Bonos, Bonds	8.500		12/13/18	MXN	7,000		509,310
Mexico Government International Bond, Sr. Unsec’d. Notes	2.750		04/22/23	EUR	2,075		2,529,124
Sr. Unsec’d. Notes	4.000		03/15/2115	EUR	450		504,778
Sr. Unsec’d. Notes, MTN	1.625		03/06/24	EUR	400		445,772
Sr. Unsec’d. Notes, MTN	2.375		04/09/21	EUR	100		118,608
Sr. Unsec’d. Notes, MTN	3.000		03/06/45	EUR	500		568,443
Sr. Unsec’d. Notes, MTN	4.250		07/14/17	EUR	2,984		3,620,310
Sr. Unsec’d. Notes, MTN	5.500		02/17/20	EUR	100		135,865
Sr. Unsec’d. Notes, MTN	5.625		01/15/17		526		564,661
Sr. Unsec’d. Notes, MTN	5.625		03/19/2114	GBP	200		319,995
Sr. Unsec’d. Notes, MTN	6.750		02/06/24	GBP	840		1,685,024
Sr. Unsec’d. Notes, MTN	11.000		05/08/17	ITL	250,000		173,971

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 15

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
Mexico (cont’d.)
Petroleos Mexicanos, Gtd. Notes, 144A	4.250%		01/15/25		200	$	201,200
Gtd. Notes, MTN	8.250		06/02/22	GBP	206		406,756
Gtd. Notes, MTN, 144A	3.500		07/23/20		500		511,250
Gtd. Notes, RegS	3.125		11/27/20	EUR	500		601,920
							14,001,367
Netherlands    0.5%
Bank Nederlandse Gemeenten NV, Sr. Unsec’d. Notes	0.500		05/12/21	ZAR	10,000		517,029
Sr. Unsec’d. Notes, 144A	2.125		10/01/19	CAD	100		85,225
Sr. Unsec’d. Notes, MTN	0.500		06/22/21	ZAR	6,000		307,292
Sr. Unsec’d. Notes, MTN	5.500		05/23/22	AUD	338		306,138
Sr. Unsec’d. Notes, MTN, RegS	0.500		06/07/22	ZAR	5,000		216,650
UPCB Finance III Ltd., Sr. Sec’d. Notes, 144A	6.625		07/01/20		475		493,881
							1,926,215
New Zealand    0.1%
New Zealand Local Government Funding Agency, Unsec’d. Notes	6.000		05/15/21	NZD	500		425,522
Norway    0.2%
City of Oslo Norway, Sr. Unsec’d. Notes	3.650		11/08/23	NOK	2,000		292,678
Norway Government Bond, Bonds	4.250		05/19/17	NOK	2,000		283,783
							576,461
Panama    1.3%
Panama Government International Bond, Sr. Unsec’d. Notes	4.000		09/22/24		400		414,000
Sr. Unsec’d. Notes	5.200		01/30/20		800		894,000
Sr. Unsec’d. Notes	6.700		01/26/36		1,700		2,197,250
Sr. Unsec’d. Notes	8.125		04/28/34		138		191,475
Sr. Unsec’d. Notes	9.375		01/16/23		622		864,580
Sr. Unsec’d. Notes	10.750		05/15/20		275		371,250
							4,932,555

See Notes to Financial Statements.

16

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
Peru    1.1%
Peru Enhanced Pass-Through Finance Ltd., Pass-Through Certificates, 144A	1.427%(g)		05/31/18		2,275	$	2,180,651
Pass-Through Certificates, RegS	2.934(g)		05/31/25		1,000		756,000
Peruvian Government International Bond, Sr. Unsec’d. Notes	7.350		07/21/25		500		676,250
Unsec’d. Notes, 144A	5.700		08/12/24	PEN	2,600		816,213
							4,429,114
Philippines    1.7%
Philippine Government International Bond, Sr. Unsec’d. Notes	3.900		11/26/22	PHP	60,000		1,362,228
Sr. Unsec’d. Notes	4.950		01/15/21	PHP	30,000		721,704
Sr. Unsec’d. Notes	6.250		03/15/16	EUR	3,081		3,624,523
Sr. Unsec’d. Notes	6.250		01/14/36	PHP	25,000		657,703
							6,366,158
Poland    1.1%
Poland Government Bond, Bonds	3.250		07/25/19	PLN	1,000		290,095
Poland Government International Bond, Sr. Unsec’d. Notes, MTN	3.625		02/01/16	EUR	500		576,046
Sr. Unsec’d. Notes, MTN, RegS	2.625		05/12/15	CHF	3,000		3,217,536
							4,083,677
Portugal    2.1%
Portugal Government International Bond, Unsec’d. Notes, 144A	5.125		10/15/24		2,200		2,376,990
Portugal Obrigacoes do Tesouro OT, Sr. Unsec’d. Notes, RegS	3.850		04/15/21	EUR	500		645,022
Sr. Unsec’d. Notes, RegS	4.750		06/14/19	EUR	2,410		3,149,612
Sr. Unsec’d. Notes, RegS	5.650		02/15/24	EUR	200		292,386
Unsec’d. Notes, RegS	3.875		02/15/30	EUR	1,300		1,701,081
							8,165,091
Romania    0.6%
Romania Government Bond, Bonds	5.850		04/26/23	RON	1,880		566,351
Romanian Government International Bond, Sr. Unsec’d. Notes, RegS	6.500		06/18/18	EUR	1,000		1,322,157

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 17

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
Romania (cont’d.)
Sr. Unsec’d. Notes, RegS	6.750%		02/07/22		500	$	601,250
							2,489,758
Russia    0.4%
Russian Foreign Bond - Eurobond, Sr. Unsec’d. Notes, RegS	3.625		09/16/20	EUR	200		219,461
Sr. Unsec’d. Notes, RegS	7.500		03/31/30		1,063		1,242,838
							1,462,299
Serbia    0.2%
Republic of Serbia, Bonds, 144A	4.875		02/25/20		750		768,750
Singapore    0.2%
Singapore Government Bond, Sr. Unsec’d. Notes	3.000		09/01/24	SGD	500		402,553
Temasek Financial I Ltd., Gtd. Notes, MTN	3.265		02/19/20	SGD	500		396,464
							799,017
Slovak Republic    0.6%
Slovakia Government International Bond, Sr. Unsec’d. Notes, RegS	4.375		05/21/22		2,200		2,473,020
Slovenia    2.2%
Slovenia Government Bond, Sr. Unsec’d. Notes, RegS	4.375		02/06/19	EUR	300		386,605
Slovenia Government International Bond, Sr. Unsec’d. Notes, 144A	4.125		02/18/19		300		317,722
Sr. Unsec’d. Notes, 144A	4.750		05/10/18		1,500		1,611,900
Sr. Unsec’d. Notes, 144A	5.850		05/10/23		1,500		1,776,960
Sr. Unsec’d. Notes, RegS	5.250		02/18/24		200		229,480
Sr. Unsec’d. Notes, RegS	5.500		10/26/22		1,700		1,961,698
Sr. Unsec’d. Notes, RegS	5.850		05/10/23		1,715		2,031,658
							8,316,023
South Africa    1.3%
South Africa Government Bond, Bonds	7.000		02/28/31	ZAR	1,800		132,501
South Africa Government International Bond, Sr. Unsec’d. Notes	3.750		07/24/26	EUR	1,000		1,212,679
Sr. Unsec’d. Notes, MTN	4.500		04/05/16	EUR	2,202		2,562,518

See Notes to Financial Statements.

18

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
South Africa (cont’d.)
ZAR Sovereign Capital Fund Propriety Ltd., Sr. Unsec’d. Notes, 144A	3.903%		06/24/20		1,000	$	1,022,500
							4,930,198
South Korea    0.6%
Export-Import Bank of Korea, Sr. Unsec’d. Notes, MTN	0.500		01/25/17	TRY	100		31,237
Sr. Unsec’d. Notes, MTN	5.375		09/12/19	AUD	1,000		844,155
Sr. Unsec’d. Notes, MTN	6.350		03/28/17	MXN	900		59,848
Sr. Unsec’d. Notes, MTN, RegS	3.990		09/13/16	MXN	6,180		397,781
Republic of Korea, Sr. Unsec’d. Notes	3.625		11/02/15	EUR	880		1,004,561
Sr. Unsec’d. Notes, RegS	2.125		06/10/24	EUR	100		120,847
							2,458,429
Spain    5.4%
Autonomous Community of Madrid Spain, Sr. Unsec’d. Notes	4.110		06/23/16	EUR	100		117,078
Sr. Unsec’d. Notes	5.500		02/14/17	EUR	176		215,608
Sr. Unsec’d. Notes	6.213		06/21/16	EUR	68		81,407
Sr. Unsec’d. Notes	7.062(f)		10/30/16	EUR	550		682,005
Instituto de Credito Oficial, Gov’t. Gtd. Notes, MTN	3.250		06/28/24	CHF	300		385,313
Gov’t. Gtd. Notes, MTN	4.530		03/17/16	CAD	1,660		1,402,573
Gov’t. Gtd. Notes, MTN	5.000		03/31/20	CAD	1,000		895,143
Spain Government Bond, Bonds	2.750		04/30/19	EUR	700		857,155
Bonds, RegS	5.150		10/31/44	EUR	1,000		1,752,310
Sr. Unsec’d. Notes	5.850		01/31/22	EUR	3,705		5,465,498
Sr. Unsec’d. Notes, RegS	4.800		01/31/24	EUR	1,500		2,161,550
Unsec’d. Notes, RegS	1.600		04/30/25	EUR	300		340,663
Spain Government International Bond, Sr. Unsec’d. Notes, MTN	5.250		04/06/29	GBP	936		1,667,502
Sr. Unsec’d. Notes, MTN, 144A	4.000		03/06/18		3,660		3,900,411
Sr. Unsec’d. Notes, MTN, RegS	4.000		03/06/18		1,000		1,065,686
							20,989,902

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 19

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
Supranational Bank    1.3%
African Development Bank, Sr. Unsec’d. Notes	0.500%		09/21/21	NZD	1,500	$	883,830
Sr. Unsec’d. Notes, MTN	0.500		09/29/20	AUD	445		306,416
European Investment Bank, Sr. Unsec’d. Notes, MTN	0.500		06/21/23	AUD	800		496,954
Sr. Unsec’d. Notes, MTN	0.500		08/10/23	AUD	720		445,103
Sr. Unsec’d. Notes, MTN	0.500		10/26/23	AUD	1,840		1,103,572
Sr. Unsec’d. Notes, MTN, RegS	0.500		07/21/23	AUD	800		495,493
Sr. Unsec’d. Notes, MTN, RegS	4.600		01/30/37	CAD	150		149,047
Inter-American Development Bank, Sr. Unsec’d. Notes, MTN	0.500		05/23/23	CAD	744		531,916
Sr. Unsec’d. Notes, MTN, RegS	0.500		10/30/20	ZAR	2,250		126,855
Sr. Unsec’d. Notes, MTN, RegS	0.500		11/30/20	ZAR	1,840		103,128
International Finance Corp., Sr. Unsec’d. Notes, MTN	7.250		01/18/17	ZAR	5,000		415,215
							5,057,529
Sweden    0.1%
Kommuninvest I Sverige AB, Local Gov’t. Gtd. Notes, MTN	4.750		08/17/22	AUD	200		173,768
Sweden Government Bond, Bonds(e)	2.500		05/12/25	SEK	2,200		316,615
							490,383
Turkey    0.6%
Export Credit Bank of Turkey, Sr. Unsec’d. Notes, 144A	5.375		11/04/16		200		207,556
Turkey Government Bond, Bonds	8.500		07/10/19	TRY	1,000		362,568
Turkey Government International Bond, Sr. Unsec’d. Notes	5.500		02/16/17	EUR	1,148		1,389,900
Sr. Unsec’d. Notes	5.875		04/02/19	EUR	247		317,213
							2,277,237
United Kingdom    2.0%
HSBC Holdings PLC, Sr. Unsec’d. Notes	5.100		04/05/21		85		96,519
Sub. Notes	6.500		09/15/37		125		157,119
Iceland Bondco PLC, Sr. Sec’d. Notes, 144A	6.750		07/15/24	GBP	393		508,782
Lloyds Bank PLC, Gtd. Notes	6.375		01/21/21		500		601,091

See Notes to Financial Statements.

20

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
FOREIGN BONDS (Continued)
United Kingdom (cont’d.)
Royal Bank of Scotland Group PLC, Gtd. Notes	6.125%		01/11/21		325	$	384,723
Sr. Unsec’d. Notes, MTN	6.400		10/21/19		150		172,886
United Kingdom Gilt, Bonds, RegS(e)	2.750		09/07/24	GBP	1,180		1,948,403
Bonds, RegS(e)	4.250		03/07/36	GBP	1,030		2,048,460
Unsec’d. Notes, RegS(e)	3.250		01/22/44	GBP	645		1,131,601
Virgin Media Secured Finance PLC, Sr. Sec’d. Notes, 144A	6.000		04/15/21	GBP	450		725,545
							7,775,129
Uruguay    0.1%
Uruguay Government International Bond, Sr. Unsec’d. Notes	6.875		01/19/16	EUR	103		120,858
Sr. Unsec’d. Notes	7.000		06/28/19	EUR	119		160,335
							281,193
TOTAL FOREIGN BONDS (cost $212,138,961)							204,084,983
ASSET-BACKED SECURITIES    20.9%
Collateralized Debt Obligations    0.5%
GEM Ligos III Ltd., Series 2006-3A, Class A2, 144A	0.944(f)		03/23/21		1,512		1,506,236
GEMC Ltd., Series 2005-8A, Class A3, 144A	1.150(f)		06/23/17		267		267,258
							1,773,494
Collateralized Loan Obligations    8.0%
AIMCO CLO, Series 2014-AA, Class B1, 144A	1.815(f)		07/20/26		3,000		2,989,800
ALM Ltd., Series 2014-11A, Class A2A, 144A	2.274(f)		10/17/26		2,000		1,998,890
Series 2014-14A, Class A2, 144A	2.379(f)		07/28/26		1,000		1,002,155
Anchorage Capital CLO Ltd., Series 2013-1A, Class A2A, 144A	2.026(f)		07/13/25		1,000		963,083
Series 2014-3A, Class A2A, 144A	2.529(f)		04/28/26		250		251,909
Atlas Senior Loan Fund Ltd., Series 2014-6A, Class B, 144A	2.675(f)		10/15/26		1,000		1,004,779
Battalion CLO Ltd., Series 2014-5A, Class A2A, 144A	2.425(f)		04/17/26		500		498,695

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 21

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
ASSET-BACKED SECURITIES (Continued)
Collateralized Loan Obligations (cont’d.)
Brookside Mill CLO Ltd., Series 2013-1A, Class B1, 144A	2.024%(f)		04/17/25		3,000	$	2,912,770
Catamaran CLO Ltd., Series 2014-1A, Class A2, 144A	2.075(f)		04/20/26		5,000		4,847,029
Four Corners CLO Ltd., Series 2006-3A, Class A, 144A	0.526(f)		07/22/20		235		233,870
KVK CLO Ltd., Series 2014-1A, Class A1, 144A	1.847(f)		05/15/26		250		250,189
Series 2014-1A, Class B, 144A	2.507(f)		05/15/26		250		249,945
Series 2014-3A, Class B, 144A	2.375(f)		10/15/26		1,000		985,039
LightPoint Pan-European CLO PLC, Series 2006-1A, Class A, 144A	0.250(f)		01/31/22	EUR	21		24,001
Magnetite VI Ltd., Series 2012-6A, Class B, 144A	3.021(f)		09/15/23		2,000		2,020,333
Neuberger Berman CLO XII Ltd., Series 2012-12AR, Class BR, 144A	2.377(f)		07/25/23		2,000		1,986,481
NZCG Funding Ltd., Series 2015-2A, Class A2, 144A	2.621(f)		04/27/27		1,000		990,900
Regatta IV Funding Ltd., Series 2014-1A, Class B, 144A	2.287(f)		07/25/26		1,000		993,701
Rosedale CLO Ltd., Series I-A, Class B, 144A	0.748(f)		07/24/21		500		494,610
RYE Harbour CLO Ltd., Series 2015-1A, Class B2, 144A	2.630		10/21/28	EUR	2,000		2,245,702
Shackleton CLO Ltd., Series 2013-3A, Class B2, 144A	3.440		04/15/25		250		243,000
Series 2014-6A, Class B1, 144A	2.424(f)		07/17/26		2,000		1,993,780
Slater Mill Loan Fund LP, Series 2012-1A, Class B, 144A	2.907(f)		08/17/22		250		251,844
THL Credit Wind River CLO Ltd., Series 2014-1A, Class B2, 144A	4.730		04/18/26		1,300		1,321,954
							30,754,459
Non-Residential Mortgage-Backed Security    0.1%
Springleaf Funding Trust, Series 2015-AA, Class A, 144A	3.160		11/15/24		600		605,603
Residential Mortgage-Backed Securities    12.3%
ACE Securities Corp. Home Equity Loan Trust, Series 2004-FM1, Class M1	1.081(f)		09/25/33		597		559,384

See Notes to Financial Statements.

22

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
ASSET-BACKED SECURITIES (Continued)
Residential Mortgage-Backed Securities (cont’d.)
Series 2005-HE2, Class M4	1.141%(f)		04/25/35		1,000	$	959,065
Aegis Asset-Backed Securities Trust, Mortgage Pass-Through Certificates, Series 2004-2, Class A5	1.081(f)		06/25/34		347		343,767
Aire Valley Mortgages PLC, Series 2005-1X, Class 2A2, RegS	0.385(f)		09/20/66	EUR	1,242		1,369,581
Series 2006-1A, Class 1A, 144A	0.490(f)		09/20/66		2,802		2,714,713
Series 2006-1X, Class 1B2, RegS	0.425(f)		09/20/66	EUR	1,000		1,059,383
Series 2007-1A, Class 2A1, 144A	0.510(f)		09/20/66		835		807,779
Series 2007-1X, Class 2A2, RegS	0.285(f)		09/20/66	EUR	991		1,086,660
Ameriquest Mortgage Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2002-3, Class M3	3.031(f)		08/25/32		571		535,927
Series 2004-R8, Class M1	1.141(f)		09/25/34		400		399,020
Argent Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2004-W6, Class M1	1.006(f)		05/25/34		165		157,064
Series 2005-W2, Class A2C	0.541(f)		10/25/35		1,452		1,370,560
Asset-Backed Securities Corp. Home Equity Loan Trust, Series 2004-HE1, Class M1	1.232(f)		01/15/34		1,103		1,060,724
Banc of America Funding Trust, Series 2014-R5, Class 1A1, 144A	1.903(f)		09/26/45		930		917,076
Bear Stearns Asset-Backed Securities Trust, Series 2004-HE2, Class M1	1.081(f)		03/25/34		276		262,492
Series 2004-HE3, Class M2	1.906(f)		04/25/34		247		225,242
Chase Funding Loan Acquisition Trust, Series 2004-AQ1, Class A2	0.981(f)		05/25/34		391		382,770
Citicorp Residential Mortgage Trust, Series 2006-2, Class A4	5.775		09/25/36		451		474,185
Countrywide Asset-Backed Certificates, Series 2002-5, Class MV1	1.681(f)		03/25/33		181		177,787
Finance America Mortgage Loan Trust, Series 2004-2, Class M1	1.006(f)		08/25/34		982		908,089
Fremont Home Loan Trust, Series 2004-1, Class M1	0.856(f)		02/25/34		421		383,757
Series 2004-B, Class M1	1.051(f)		05/25/34		910		844,758
Granite Master Issuer PLC, Series 2005-4, Class B4, RegS	0.328(f)		12/20/54	EUR	250		278,186

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 23

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
ASSET-BACKED SECURITIES (Continued)
Residential Mortgage-Backed Securities (cont’d.)
Series 2006-2, Class B3, RegS	0.248%(f)		12/20/54	EUR	1,100	$	1,219,821
Series 2007-1, Class 5A1, RegS	0.725(f)		12/20/54	GBP	952		1,454,580
Series 2007-1, Class 6A1, RegS	0.695(f)		12/20/54	GBP	183		279,167
Series 2007-2, Class 3B2, RegS	0.291(f)		12/17/54	EUR	2,000		2,221,000
Granite Mortgages PLC, Series 2003-3, Class 2M, RegS	1.402(f)		01/20/44	EUR	484		543,538
Series 2004-1, Class 2M, RegS	1.165(f)		03/20/44	EUR	1,000		1,122,963
Series 2004-3, Class 3B, RegS	1.266(f)		09/20/44	GBP	1,000		1,529,771
GSAMP Trust, Series 2004-FM1, Class M1	1.156(f)		11/25/33		165		159,935
Series 2005-HE5, Class M1	0.601(f)		11/25/35		1,000		955,813
Home Equity Asset Trust, Series 2004-3, Class M1	1.036(f)		08/25/34		592		562,979
Series 2005-9, Class 2A4	0.521(f)		04/25/36		813		797,115
HSBC Home Equity Loan Trust U.S.A., Series 2007-2, Class A4	0.481(f)		07/20/36		385		380,402
Long Beach Mortgage Loan Trust, Series 2004-3, Class M1	1.036(f)		07/25/34		409		394,383
LSTAR Securities Investment Trust, Series 2014-1, Class NOTE, 144A	3.279(f)		09/01/21		1,427		1,432,670
Series 2014-2 Class A, 144A	2.179(f)		12/01/21		944		930,721
Series 2015-1, Class A, 144A	2.179(f)		01/01/20		1,968		1,957,079
Series 2015-2, Class A, 144A	2.179(f)		01/01/20		1,471		1,454,922
Series 2015-5, Class A1, 144A	2.181(f)		04/01/20		1,200		1,184,280
Mastr Asset-Backed Securities Trust, Series 2004-OPT2, Class A1	0.881(f)		09/25/34		375		350,403
Merrill Lynch Mortgage Investors Trust, Series 2004-HE2, Class M1	1.381(f)		08/25/35		189		180,975
Morgan Stanley ABS Capital I, Inc. Trust, Series 2003-NC8, Class M1	1.231(f)		09/25/33		263		249,294
Series 2004-NC1, Class M1	1.231(f)		12/27/33		302		291,385
Series 2004-OP1, Class M1	1.051(f)		11/25/34		437		398,056
Series 2004-WMC1, Class M1	1.111(f)		06/25/34		522		504,814
Series 2004-WMC2, Class M1	1.096(f)		07/25/34		191		181,761
Morgan Stanley Dean Witter Capital I, Inc. Trust, Series 2002-AM3, Class A3	1.161(f)		02/25/33		360		316,608

See Notes to Financial Statements.

24

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
ASSET-BACKED SECURITIES (Continued)
Residential Mortgage-Backed Securities (cont’d.)
New Century Home Equity Loan Trust, Series 2003-4, Class M1	1.306%(f)		10/25/33		325	$	312,095
Series 2005-C, Class A2C	0.431(f)		12/25/35		577		564,525
Option One Mortgage Acceptance Corp., Asset-Backed Certificates, Series 2003-6, Class A2	0.841(f)		11/25/33		242		227,573
Popular ABS Mortgage Pass-Through Trust, Series 2004-4, Class M1	4.768		09/25/34		146		139,118
Structured Asset Investment Loan Trust, Series 2003-BC3, Class M1	1.606(f)		04/25/33		1,623		1,602,482
Series 2004-2, Class A4	0.886(f)		03/25/34		957		885,464
Series 2004-8, Class A8	1.181(f)		09/25/34		376		371,748
Structured Asset Securities Corp. Mortgage Loan Trust, Series 2005-NC2, Class M3	0.611(f)		05/25/35		530		512,954
VOLT XXVII LLC, Series 2014-NPL7, Class A1, 144A	3.375		08/27/57		973		973,669
VOLT XXX LLC, Series 2015-NPL1, Class A1, 144A	3.625		10/25/57		985		986,916
VOLT XXXI LLC, Series 2015-NPL2, Class A1, 144A	3.375		02/25/55		972		971,812
VOLT XXXIV LLC, Series 2015-NPL7, Class A1, 144A	3.250		02/25/55		1,400		1,398,536
Wells Fargo Mortgage-Backed Securities Trust, Series 2007-5, Class 1A1	5.500		05/25/37		331		341,297
							47,620,593
TOTAL ASSET-BACKED SECURITIES (cost $80,238,957)							80,754,149
BANK LOANS(f)    0.5%
Consumer    0.1%
OGF SA (France), Private Placement	4.000		10/30/20	EUR	240		272,749
Financials    0.1%
Scandlines GmbH (Germany)	4.500		11/04/20	EUR	314		355,601
Gaming
CCM Merger, Inc.	4.500		08/06/21		118		119,049

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 25

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
BANK LOANS(f) (Continued)
Healthcare & Pharmaceutical    0.1%
Alere, Inc.	3.184%		06/30/16		72	$	72,048
Grifols SA	3.269		02/26/21		173		173,683
RPI Finance Trust	3.250		11/09/18		146		145,737
							391,468
Technology    0.2%
Avago Technologies Finance Pte. Ltd. (Singapore)	3.750		05/06/21		259		260,145
First Data Corp.	3.775		09/24/18		300		300,469
TransUnion LLC/TransUnion Financing Corp.	4.000		04/09/21		248		248,531
							809,145
TOTAL BANK LOANS (cost $2,046,205)							1,948,012
COMMERCIAL MORTGAGE-BACKED SECURITIES    6.5%
Citigroup Commercial Mortgage Trust, Series 2014-GC21, Class XB, IO	0.491(f)		05/10/47		27,500		954,580
COMM Mortgage Trust, Series 2014-CR19, Class A3	3.530		08/10/47		1,000		1,050,659
Series 2014-UBS4, Class XB, IO, 144A	0.284(f)		08/10/47		50,000		950,650
Series 2015-3BP, Class A, 144A	3.178		02/10/35		1,800		1,829,315
Credit Suisse Mortgage Trust, Series 2014-ICE, Class X1CP, IO, 144A	1.686(f)		04/15/27		32,000		515,331
FHLMC Multifamily Structured Pass-Through Certificates, Series K006, Class AX1, IO	1.184(f)		01/25/20		20,522		826,538
Series K007, Class X1, IO	1.345(f)		04/25/20		31,538		1,376,585
Series K008, Class X1, IO	1.807(f)		06/25/20		13,997		898,436
Series K019, Class X1, IO	1.868(f)		03/25/22		10,644		1,019,218
Series K025, Class X1, IO	1.023(f)		10/25/22		20,460		1,108,650
Series Q001, Class XA, IO	2.382(f)		02/25/32		7,033		1,402,969
GE Capital Commercial Mortgage Corp., Series 2005-C3, Class AJ	5.065(f)		07/10/45		1,600		1,611,632
GS Mortgage Securities Trust, Series 2013-GC14, Class XA, IO	1.055(f)		08/10/46		39,386		1,838,411
Series 2014-GC20, Class XB, IO	0.500(f)		04/10/47		30,000		1,030,980
Series 2014-GC22, Class XB, IO	0.410(f)		06/10/47		35,000		945,084
Series 2014-GC24, Class XB, IO	0.021(f)		09/10/47		83,262		136,966
Series 2014-GC26, Class XB, IO	0.296(f)		11/10/47		56,483		1,659,866

See Notes to Financial Statements.

26

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
COMMERCIAL MORTGAGE-BACKED SECURITIES (Continued)
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2005-LDP2, Class AJ	4.842%(f)		07/15/42		1,000	$	1,002,484
Series 2005-LDP3, Class AJ	5.168(f)		08/15/42		1,000		1,008,094
Series 2014-FL5, Class XCP, IO, 144A	0.698(f)		05/15/16		247,850		580,068
UBS-Barclays Commercial Mortgage Trust, Series 2012-C2, Class XA, IO, 144A	1.900(f)		05/10/63		6,265		463,436
Wachovia Bank Commercial Mortgage Trust, Series 2005-C20, Class AJ	5.290(f)		07/15/42		1,000		1,008,703
Series 2007-C32, Class A1A	5.903(f)		06/15/49		1,805		1,915,468
TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES (cost $25,091,340)							25,134,123
CORPORATE BONDS    14.1%
Aerospace & Defense    0.1%
Textron, Inc., Sr. Unsec’d. Notes	7.250		10/01/19		200		237,436
Airlines    0.2%
Continental Airlines, Inc., Pass-Through Trust, Pass-Through Certificates, Series 2010-1, Class A	4.750		01/12/21		80		85,723
Delta Air Lines, Inc., Pass-Through Trust, Pass-Through Certificates, Series 2007-1, Class A	6.821		08/10/22		182		213,978
Series 2010-2, Class A	4.950		05/23/19		17		18,144
Series 2011-1, Class A	5.300		04/15/19		170		184,805
UAL Pass-Through Trust, Pass-Through Certificates, Series 2007-1A, Class A	6.636		07/02/22		95		102,744
							605,394
Banking    3.7%
Bank of America Corp., Jr. Sub. Notes	6.500(f)		12/31/49		1,000		1,062,500
Series K, Jr. Sub. Notes	8.000(f)		12/29/49		235		251,156
Series M, Jr. Sub. Notes	8.125(f)		12/29/49		700		756,000
Sr. Unsec’d. Notes, MTN(e)	5.875		02/07/42		410		505,955
Citigroup, Inc., Sr. Unsec’d. Notes	4.500		01/14/22		425		464,211
Sr. Unsec’d. Notes	8.125		07/15/39		110		167,735

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 27

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
CORPORATE BONDS (Continued)
Banking (cont’d.)
Sr. Unsec’d. Notes	8.500%		05/22/19		605	$	748,559
Goldman Sachs Group, Inc. (The), Jr. Sub. Notes	5.700(f)		12/31/49		1,645		1,653,225
Sr. Unsec’d. Notes(e)	5.250		07/27/21		1,200		1,357,912
Sr. Unsec’d. Notes, MTN	4.800		07/08/44		225		239,162
Sub. Notes	6.750		10/01/37		185		232,380
JPMorgan Chase & Co., Jr. Sub. Notes	5.000(f)		12/31/49		1,000		982,500
Jr. Sub. Notes	5.300(f)		12/31/49		1,410		1,408,238
Jr. Sub. Notes	7.900(f)		04/29/49		450		479,250
Sub. Notes(e)	3.875		09/10/24		2,000		2,020,136
Morgan Stanley, Jr. Sub. Notes	5.450(f)		12/31/49		1,415		1,425,612
Sr. Unsec’d. Notes	6.375		07/24/42		325		420,017
							14,174,548
Brokerage    0.1%
Jefferies Group LLC, Sr. Unsec’d. Notes	6.875		04/15/21		500		568,498
Lehman Brothers Holdings, Inc., Sr. Unsec’d. Notes(c)	6.875		05/02/18		100		11,750
							580,248
Building Materials & Construction    0.6%
Building Materials Corp. of America, Sr. Unsec’d. Notes, 144A (original cost $525,000; purchased 10/27/14)(a)(b)	5.375		11/15/24		525		538,125
KB Home, Gtd. Notes	7.500		09/15/22		1,000		1,045,000
Owens Corning, Gtd. Notes	4.200		12/15/22		270		279,938
Toll Brothers Finance Corp., Gtd. Notes	5.150		05/15/15		420		420,210
							2,283,273
Cable    0.7%
CCO Holdings LLC/CCO Holdings Capital Corp.,
Gtd. Notes	7.000		01/15/19		1,000		1,038,750
Gtd. Notes, 144A	5.875		05/01/27		675		664,875
CSC Holdings LLC, Sr. Unsec’d. Notes	6.750		11/15/21		325		367,250

See Notes to Financial Statements.

28

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
CORPORATE BONDS (Continued)
Cable (cont’d.)
Sr. Unsec’d. Notes	8.625%		02/15/19		185	$	214,249
Time Warner Cable, Inc., Gtd. Notes	8.750		02/14/19		300		354,137
							2,639,261
Capital Goods    0.6%
Actuant Corp., Gtd. Notes	5.625		06/15/22		400		414,000
ERAC USA Finance LLC, Gtd. Notes, 144A (original cost $221,242; purchased 10/26/11)(a)(b)	7.000		10/15/37		190		248,906
United Rentals North America, Inc., Gtd. Notes	7.375		05/15/20		500		539,145
Gtd. Notes	7.625		04/15/22		750		826,875
Xylem, Inc., Sr. Unsec’d. Notes	4.875		10/01/21		225		246,711
							2,275,637
Chemicals    0.2%
Ashland, Inc., Gtd. Notes	4.750		08/15/22		300		307,500
Sr. Unsec’d. Notes	3.875		04/15/18		175		180,250
Dow Chemical Co. (The), Sr. Unsec’d. Notes	9.400		05/15/39		152		243,106
							730,856
Electric    1.5%
AES Corp., Sr. Unsec’d. Notes	7.375		07/01/21		1,000		1,112,810
DPL, Inc., Sr. Unsec’d. Notes, 144A	6.750		10/01/19		700		749,000
Dynegy, Inc., Gtd. Notes, 144A	6.750		11/01/19		650		679,250
Gtd. Notes, 144A	7.375		11/01/22		350		372,750
Gtd. Notes, 144A	7.625		11/01/24		1,000		1,075,000
NRG Energy, Inc., Gtd. Notes	8.250		09/01/20		1,500		1,582,500
Public Service Co. of New Mexico, Sr. Unsec’d. Notes	7.950		05/15/18		50		58,740
							5,630,050
Energy - Other    0.1%
Anadarko Petroleum Corp., Sr. Unsec’d. Notes	6.450		09/15/36		35		43,249
Nabors Industries, Inc., Gtd. Notes	4.625		09/15/21		170		168,931
							212,180

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 29

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
CORPORATE BONDS (Continued)
Foods    0.4%
Aramark Services, Inc., Gtd. Notes	5.750%		03/15/20		475	$	495,187
Ingles Markets, Inc., Sr. Unsec’d. Notes	5.750		06/15/23		675		702,000
Tops Holding Corp./Tops Markets LLC, Sr. Sec’d. Notes (original cost $376,688; purchased 08/27/14)(a)(b)	8.875		12/15/17		350		367,938
							1,565,125
Gaming    0.8%
MGM Resorts International, Gtd. Notes	6.625		12/15/21		500		535,000
MTR Gaming Group, Inc., Sec’d. Notes	11.500		08/01/19		1,000		1,077,500
Pinnacle Entertainment, Inc., Gtd. Notes	7.500		04/15/21		205		216,788
Gtd. Notes	8.750		05/15/20		650		683,312
Scientific Games International, Inc., Gtd. Notes, 144A	10.000		12/01/22		750		695,625
							3,208,225
Healthcare & Pharmaceutical    1.2%
CHS/Community Health Systems, Inc., Gtd. Notes	6.875		02/01/22		1,000		1,061,250
Gtd. Notes	7.125		07/15/20		750		804,375
HCA, Inc., Sr. Sec’d. Notes	6.500		02/15/20		1,500		1,710,000
Tenet Healthcare Corp., Sr. Unsec’d. Notes	8.125		04/01/22		1,000		1,091,250
							4,666,875
Insurance    0.1%
Allied World Assurance Co. Holdings Ltd., Gtd. Notes	5.500		11/15/20		30		33,822
Chubb Corp. (The), Jr. Sub. Notes	6.375(f)		03/29/67		140		148,400
Liberty Mutual Group, Inc., Sr. Unsec’d. Notes, 144A	6.500		03/15/35		90		110,222
Lincoln National Corp., Jr. Sub. Notes	6.050(f)		04/20/67		30		28,650
Progressive Corp. (The), Jr. Sub. Notes	6.700(f)		06/15/37		100		105,063
Willis Group Holdings PLC, Gtd. Notes	4.125		03/15/16		100		102,356
							528,513

See Notes to Financial Statements.

30

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
CORPORATE BONDS (Continued)
Media & Entertainment    1.4%
21st Century Fox America, Inc., Gtd. Notes	6.150%		03/01/37		415	$	508,809
Gtd. Notes	6.900		08/15/39		60		80,364
AMC Networks, Inc., Gtd. Notes	7.750		07/15/21		1,000		1,090,000
Cinemark USA, Inc., Gtd. Notes	4.875		06/01/23		1,000		1,011,200
Historic TW, Inc., Gtd. Notes	6.625		05/15/29		225		285,262
Liberty Interactive LLC, Sr. Unsec’d. Notes	8.250		02/01/30		500		553,750
NAI Entertainment Holdings/NAI Entertainment Holdings Finance Corp., Sr. Sec’d. Notes, 144A (original cost $1,032,500; purchased 08/27/14)(a)(b)	5.000		08/01/18		1,000		1,032,500
RR Donnelley & Sons Co., Sr. Unsec’d. Notes	8.600		08/15/16		450		484,875
Viacom, Inc., Sr. Unsec’d. Notes	4.500		02/27/42		233		212,973
							5,259,733
Metals    0.1%
Peabody Energy Corp., Gtd. Notes	6.000		11/15/18		400		315,250
Non-Captive Finance    0.1%
International Lease Finance Corp., Sr. Unsec’d. Notes	5.750		05/15/16		75		77,531
Sr. Unsec’d. Notes	6.250		05/15/19		125		138,125
Navient Corp., Sr. Unsec’d. Notes, MTN	6.000		01/25/17		75		78,563
Sr. Unsec’d. Notes, MTN	8.450		06/15/18		225		251,032
							545,251
Packaging
Greif, Inc., Sr. Unsec’d. Notes	7.750		08/01/19		140		157,150
Paper    0.2%
International Paper Co., Sr. Unsec’d. Notes	6.000		11/15/41		130		149,417
Sr. Unsec’d. Notes	7.300		11/15/39		75		97,430
MeadWestvaco Corp., Sr. Unsec’d. Notes	7.375		09/01/19		450		534,393
Rock-Tenn Co., Gtd. Notes	4.450		03/01/19		175		187,409
							968,649

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 31

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
CORPORATE BONDS (Continued)
Pipelines & Other    0.2%
Ferrellgas Partners LP/Ferrellgas Partners Finance Corp., Sr. Unsec’d. Notes	8.625%		06/15/20		750	$	781,875
Railroads    0.1%
Norfolk Southern Corp., Sr. Unsec’d. Notes	6.000		03/15/2105		300		370,101
Real Estate Investment Trusts    0.1%
MPT Operating Partnership LP/MPT Finance Corp., Gtd. Notes, MTN	5.750		10/01/20	EUR	200		244,220
Technology    1.1%
Brightstar Corp., Gtd. Notes, 144A (original cost $1,063,344; purchased 08/06/14)(a)(b)	9.500		12/01/16		1,000		1,041,250
CommScope, Inc., Gtd. Notes, 144A	5.000		06/15/21		200		200,000
First Data Corp., Gtd. Notes	12.625		01/15/21		1,250		1,475,625
Jabil Circuit, Inc., Sr. Unsec’d. Notes	4.700		09/15/22		655		679,563
Seagate HDD Cayman, Gtd. Notes	3.750		11/15/18		305		319,123
Gtd. Notes	6.875		05/01/20		273		282,386
SunGard Data Systems, Inc., Gtd. Notes	7.625		11/15/20		150		158,625
							4,156,572
Telecommunications    0.5%
Qwest Corp., Sr. Unsec’d. Notes	6.500		06/01/17		465		505,693
Sprint Capital Corp., Gtd. Notes	6.900		05/01/19		1,000		1,029,830
Sprint Communications, Inc., Sr. Unsec’d. Notes	7.000		08/15/20		400		406,000
							1,941,523
Tobacco
Altria Group, Inc., Gtd. Notes	9.950		11/10/38		81		137,556
Lorillard Tobacco Co., Gtd. Notes	8.125		06/23/19		30		36,636
							174,192
TOTAL CORPORATE BONDS (cost $52,720,915)							54,252,137

See Notes to Financial Statements.

32

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
MUNICIPAL BONDS    0.9%
Connecticut    0.1%
State of Connecticut Special Tax Revenue, Revenue Bonds, BABs	5.459%		11/01/30		275	$	327,720
New York    0.1%
City of New York, NY, GO, BABs	5.968		03/01/36		250		319,248
Puerto Rico    0.7%
Commonwealth of Puerto Rico, GO	2.684(f)		07/01/20		300		290,220
GO	4.000		07/01/15		380		381,311
GO	4.000		07/01/16		240		244,872
GO	5.000		07/01/15		70		70,344
GO	5.250		07/01/17		125		128,145
GO	5.500		07/01/16		345		355,871
Puerto Rico Electric Power Authority, Series JJ, Revenue Bonds	5.250		07/01/15		10		10,051
Puerto Rico Highways & Transportation Authority, Revenue Bonds, CABs	7.480(h)		07/01/27		200		81,830
Series E, Revenue Bonds	5.500		07/01/17		250		260,160
Puerto Rico Municipal Finance Agency, Series B, Revenue Bonds	5.250		07/01/16		130		132,203
Series C, Revenue Bonds	5.000		08/01/15		215		215,757
Series C, Revenue Bonds	5.000		08/01/16		175		175,639
Puerto Rico Sales Tax Financing Corp., Revenue Bonds, CABs	4.460(h)		08/01/41		1,265		397,349
							2,743,752
Tennessee
Metropolitan Government of Nashville & Davidson County Convention Center Authority, Revenue Bonds, BABs	6.731		07/01/43		125		163,826
TOTAL MUNICIPAL BONDS (cost $3,235,549)							3,554,546
U.S. GOVERNMENT AGENCY OBLIGATIONS    0.5%
Federal National Mortgage Assoc.	5.375		12/07/28	GBP	275		546,855
Tennessee Valley Authority, Sr. Unsec’d. Notes	5.350		06/07/21	GBP	430		781,667

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 33

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Interest Rate	Maturity Date		Principal Amount (000)#		Value (Note 1)
U.S. GOVERNMENT AGENCY OBLIGATIONS (Continued)
Sr. Unsec’d. Notes	5.625%		06/07/32	GBP	191	$	397,357
TOTAL U.S. GOVERNMENT AGENCY OBLIGATIONS (cost $1,773,121)							1,725,879

	Shares
PREFERRED STOCK
Banking
Citigroup Capital XIII, 7.875%, (Capital Security, fixed to floating preferred) (cost $100,000)(f)		4,000	103,560
TOTAL LONG-TERM INVESTMENTS (cost $377,345,048)			371,557,389

	Counterparty	Notional Amount (000)#
SHORT-TERM INVESTMENTS    0.3%
OPTIONS PURCHASED
Call Options    0.2%
Euro/Polish Zloty @ FX Rate 4.900, expiring 07/06/15	JPMorgan Chase	EUR	2,100	75
Euro/Polish Zloty @ FX Rate 4.900, expiring 01/11/16	JPMorgan Chase	EUR	2,100	4,313
Euro/South African Rand @ FX Rate 20.000, expiring 06/18/15	Citigroup Global Markets	EUR	2,800	31
Euro/Turkish Lira @ FX Rate 3.850, expiring 07/06/15	JPMorgan Chase	EUR	4,250	2,789
Interest Rate Swap Options,
Receive a fixed rate of 1.00% and pay a floating rate based on 3-month LIBOR, expiring 10/28/15	Citigroup Global Markets		11,660	24,644
Receive a fixed rate of 1.25% and pay a floating rate based on 3-month LIBOR, expiring 08/19/15	Citigroup Global Markets		20,000	106,987
Receive a fixed rate of 1.50% and pay a floating rate based on 3-month LIBOR, expiring 04/28/16	Citigroup Global Markets		7,930	54,693
Receive a fixed rate of 1.70% and pay a floating rate based on 3-month LIBOR, expiring 02/23/16	Citigroup Global Markets		15,000	148,511

See Notes to Financial Statements.

34

Description	Counterparty	Notional Amount (000)#		Value (Note 1)
OPTIONS PURCHASED (Continued)
Call Options (cont’d.)
Turkish Lira/Japanese Yen @ FX Rate 50.000, expiring 02/08/16	JPMorgan Chase	TRY	8,500	$	6,858
United States Dollar/Chinese Renminbi @ FX Rate 7.250, expiring 02/29/16	Barclays Capital Group		4,000		6,062
United States Dollar/Chinese Renminbi @ FX Rate 7.250, expiring 05/29/15	Credit Suisse First Boston Corp.		4,000		5
United States Dollar/Czech Koruna @ FX Rate 23.000, expiring 06/23/15	UBS AG		5,000		298,071
United States Dollar/Japanese Yen @ FX Rate 125.000, expiring 06/29/15	Citigroup Global Markets		8,000		15,298
United States Dollar/Mexican Peso @ FX Rate 17.000, expiring 12/03/15	UBS AG		1,000		15,077
United States Dollar/New Zealand Dollar @ FX Rate 0.500, expiring 09/07/15	Citigroup Global Markets		3,000		248
United States Dollar/South African Rand @ FX Rate 15.000, expiring 12/03/15	Credit Suisse First Boston Corp.		1,000		13,423
United States Dollar/South African Rand @ FX Rate 15.500, expiring 05/27/15	Credit Suisse First Boston Corp.		4,000		56
United States Dollar/Turkish Lira @ FX Rate 3.000, expiring 11/24/15	UBS AG		1,000		31,356
					728,497
Put Options    0.1%
90 Day Euro Dollar, expiring 12/14/15, Strike Price $98.75			5,750		719
90 Day Euro Dollar, expiring 12/14/15, Strike Price $98.88			5,750		1,006
90 Day Euro Dollar, expiring 12/14/15, Strike Price $99.13			5,750		2,587
90 Day Euro Dollar, expiring 12/14/15, Strike Price $99.25			5,750		4,169
Euro/Polish Zloty @ FX Rate 4.100, expiring 01/11/16	Credit Suisse First Boston Corp.	EUR	2,100		59,563

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 35

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Counterparty	Notional Amount (000)#		Value (Note 1)
OPTIONS PURCHASED (Continued)
Put Options (cont’d.)
Euro/Turkish Lira @ FX Rate 2.650, expiring 01/11/16	Citigroup Global Markets	EUR	4,250	$	9,999
Euro/United States Dollar @ FX Rate 1.050, expiring 07/30/15	Citigroup Global Markets	EUR	4,400		21,896
New Zealand Dollar/United States Dollar @ FX Rate 0.750, expiring 09/07/15	Credit Suisse First Boston Corp.	NZD	3,000		81,601
Turkish Lira/Japanese Yen @ FX Rate 35.000, expiring 05/07/15	JPMorgan Chase	TRY	8,500		—
United States Dollar/Chinese Renminbi @ FX Rate 6.230, expiring 06/23/15	Citigroup Global Markets		4,500		16,598
United States Dollar/Chinese Renminbi @ FX Rate 6.300, expiring 02/29/16	Credit Suisse First Boston Corp.		4,000		33,815
United States Dollar/Mexican Peso @ FX Rate 13.500, expiring 12/03/15	Citigroup Global Markets		1,000		1,697
United States Dollar/New Zealand Dollar @ FX Rate 0.840, expiring 09/07/15	Citigroup Global Markets		3,000		4,256
United States Dollar/South African Rand @ FX Rate 11.000, expiring 12/03/15	UBS AG		1,000		7,035
United States Dollar/South African Rand @ FX Rate 11.100, expiring 02/25/16	Credit Suisse First Boston Corp.		4,000		40,279
United States Dollar/Turkish Lira @ FX Rate 2.220, expiring 11/24/15	Credit Suisse First Boston Corp.		1,000		622
					285,842
TOTAL OPTIONS PURCHASED (cost $1,004,957)					1,014,339
TOTAL SHORT-TERM INVESTMENTS (cost $1,004,957)					1,014,339
TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN    96.6% (cost $378,350,005; Note 5)					372,571,728

See Notes to Financial Statements.

36

Description	Counterparty	Notional Amount (000)#		Value (Note 1)
OPTIONS WRITTEN*    (0.6)%
Call Options    (0.4)%
Euro/Polish Zloty @ FX Rate 4.900, expiring 01/11/16	Credit Suisse First Boston Corp.	EUR	2,100	$	(4,313	)
Euro/South African Rand @ FX Rate 19.000, expiring 12/21/15	Credit Suisse First Boston Corp.	EUR	2,800		(18,494	)
Euro/Turkish Lira @ FX Rate 3.700, expiring 01/11/16	Citigroup Global Markets	EUR	4,250		(91,774	)
United States Dollar/Chinese Renminbi @ FX Rate 7.250, expiring 02/29/16	Credit Suisse First Boston Corp.		4,000		(6,062	)
United States Dollar/Czech Koruna @ FX Rate 23.000, expiring 06/23/15	Deutsche Bank AG		5,000		(298,071	)
United States Dollar/Japanese Yen @ FX Rate 106.000, expiring 06/29/15	Citigroup Global Markets		8,000		(895,060	)
United States Dollar/Mexican Peso @FX Rate 17.000, expiring 12/03/15	Citigroup Global Markets		1,000		(15,077	)
United States Dollar/New Zealand Dollar @ FX Rate 0.750, expiring 09/07/15	Citigroup Global Markets		3,000		(81,601	)
United States Dollar/South African Rand @ FX Rate 15.000, expiring 12/03/15	UBS AG		1,000		(13,423	)
United States Dollar/South African Rand @ FX Rate 16.500, expiring 02/25/16	Credit Suisse First Boston Corp.		4,000		(57,900	)
United States Dollar/Turkish Lira @ FX Rate 3.000, expiring 11/24/15	Credit Suisse First Boston Corp.		1,000		(31,356	)
					(1,513,131	)
Put Options    (0.2)%
90 Day Euro Dollar, expiring 12/14/15, Strike Price $99.00			23,000		(6,325	)
Euro/Polish Zloty @ FX Rate 4.100, expiring 01/11/16	JPMorgan Chase	EUR	2,100		(59,563	)
Euro/United States Dollar @ FX Rate 1.250, expiring 07/29/15	Barclays Capital Group	EUR	2,200		(270,087	)
Euro/United States Dollar @ FX Rate 1.250, expiring 07/29/15	UBS AG	EUR	2,200		(270,087	)

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 37

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Description	Counterparty	Notional Amount (000)#		Value (Note 1)
OPTIONS WRITTEN* (Continued)
Put Options (cont’d.)
Turkish Lira/Japanese Yen @ FX Rate 33.000, expiring 02/08/16	JPMorgan Chase	TRY	8,500	$	(47,370	)
United States Dollar/Chinese Renminbi @ FX Rate 6.230, expiring 06/23/15	Barclays Capital Group		4,500		(16,598	)
United States Dollar/Chinese Renminbi @ FX Rate 6.300, expiring 02/29/16	Barclays Capital Group		4,000		(33,815	)
United States Dollar/Japanese Yen @ FX Rate 96.000, expiring 06/29/15	Citigroup Global Markets		8,000		(17	)
United States Dollar/Mexican Peso @ FX Rate 13.500, expiring 12/03/15	UBS AG		1,000		(1,697	)
United States Dollar/New Zealand Dollar @ FX Rate 0.840, expiring 09/07/15	Citigroup Global Markets		3,000		(4,256	)
United States Dollar/South African Rand @ FX Rate 11.000, expiring 12/03/15	Credit Suisse First Boston Corp.		1,000		(7,035	)
United States Dollar/Turkish Lira @ FX Rate 2.220, expiring 11/24/15	UBS AG		1,000		(622	)
					(717,472	)
TOTAL OPTIONS WRITTEN (premiums received $819,384)					(2,230,603	)
TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN    96.0% (cost $377,530,621)					370,341,125
Other assets in excess of liabilities(i)    4.0%					15,517,908
NET ASSETS    100.0%				$	385,859,033

The following abbreviations are used in the portfolio descriptions:

144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. Unless otherwise noted, 144A securities are deemed to be liquid.

RegS—Regulation S. Security was purchased pursuant to Regulation S and may not be offered, sold or delivered within the United States or to, or for the account or benefit of, U.S. persons, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

ABS—Asset-Backed Security

BABs—Build America Bonds

See Notes to Financial Statements.

38

BBR—New Zealand Bank Bill Rate

BBSW—Australian Bank Bill Swap Reference Rate

BIBOR—Bangkok Interbank Offered Rate

bps—Basis Points

BUBOR—Budapest Interbank Offered Rate

BZDIOVER—Overnight Brazil Cetip Interbank Deposit

CABs—Capital Appreciation Bonds

CDX—Credit Derivative Index

CIBOR—Copenhagen Interbank Offered Rate

CLICP—Chilean Indice Camara Promedio

CLO—Collateralized Loan Obligation

CMBX—Commercial Mortgage Backed Securities Index

COLIBOR—Columbia Interbank Offered Rate

CP—Commercial Paper

CPI—Consumer Price Index

EONIA—Euro Overnight Index Average

EURIBOR—Euro Interbank Offered Rate

FHLMC—Federal Home Loan Mortgage Corp.

GO—General Obligation

HIBOR—Hong Kong Interbank Offered Rate

IO—Interest Only

JIBAR—Johannesburg Interbank Agreed Rate

KLIBOR—Kuala Lumpur Interbank Offered Rate

LIBOR—London Interbank Offered Rate

MOSPRIME—Moscow Prime Offered Rate

MTN—Medium Term Note

NIBOR—Norwegian Interbank Offered Rate

OIS—Overnight Index Swap

PRIBOR—Prague Interbank Offered Rate

SIBOR—Singapore Interbank Offered Rate

STIBOR—Stockholm Interbank Offered Rate

TBA—To Be Announced

TELBOR—Tel Aviv Interbank Offered Rate

WIBOR—Warsaw Interbank Offered Rate

AUD—Australian Dollar

BRL—Brazilian Real

CAD—Canadian Dollar

CHF—Swiss Franc

CLP—Chilean Peso

CNH—Chinese Renminbi

COP—Colombian Peso

CZK—Czech Koruna

DKK—Danish Krone

EUR—Euro

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 39

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

GBP—British Pound

HKD—Hong Kong Dollar

HUF—Hungarian Forint

IDR—Indonesian Rupiah

ILS—Israeli Shekel

INR—Indian Rupee

ITL—Italian Lira

JPY—Japanese Yen

KRW—South Korean Won

MXN—Mexican Peso

MYR—Malaysian Ringgit

NOK—Norwegian Krone

NZD—New Zealand Dollar

PEN—Peruvian Nuevo Sol

PHP—Philippine Peso

PLN—Polish Zloty

RON—Romanian Leu

RUB—Russian Ruble

SEK—Swedish Krona

SGD—Singapore Dollar

THB—Thai Baht

TRY—Turkish Lira

TWD—New Taiwanese Dollar

ZAR—South African Rand

* Non-income producing security.

# Principal or notional amount is shown in U.S. dollars unless otherwise stated.

(a) Indicates a restricted security; the aggregate original cost of the restricted securities is $3,614,473. The aggregate value of $3,542,096 is approximately 0.9% of net assets.

(b) Indicates a security that has been deemed illiquid.

(c) Represents issuer in default on interest payments and/or principal repayment; non-income producing security.

(d) Represents security, or a portion thereof, segregated as collateral for futures contracts.

(e) Represents security, or a portion thereof, segregated as collateral for swap agreements.

(f) Variable rate instrument. The interest rate shown reflects the rate in effect at April 30, 2015.

(g) Represents a zero coupon or step bond. Rate quoted represents yield to maturity at purchase date.

(h) Represents a zero coupon or step bond. Rate quoted represents effective yield at April 30, 2015.

(i) Includes net unrealized appreciation (depreciation) on the following derivative contracts held at reporting period end:

See Notes to Financial Statements.

40

Futures contracts outstanding at April 30, 2015:

Number of Contracts		Type	Expiration Date		Value at Trade Date		Value at April 30, 2015		Unrealized Appreciation (Depreciation)(1)
		Long Positions:
	500	5 Year U.S. Treasury Notes		Jun. 2015	$	59,723,452	$	60,066,406	$	342,954
	1,035	10 Year U.S. Treasury Notes		Jun. 2015		133,686,669		132,868,125		(818,544	)
	127	U.S. Ultra Bonds		Jun. 2015		21,079,874		20,891,500		(188,374	)
										(663,964	)
		Short Positions:
	8	30 Day U.S. Federal Funds		May 2015		3,329,253		3,329,266		(13	)
	328	2 Year U.S. Treasury Notes		Jun. 2015		71,928,958		71,919,125		9,833
	13	Euro-Bund		Jun. 2015		2,306,862		2,287,360		19,502
										29,322
									$	(634,642	)

(1) Cash of $260,000 and Foreign Bonds with a combined market value of $1,534,701 have been segregated with J.P. Morgan Securities LLC to cover requirements for open contracts at April 30, 2015.

Forward foreign currency exchange contracts outstanding at April 30, 2015:

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
Australian Dollar,
Expiring 07/16/15	BNP Paribas	AUD	957	$	768,500	$	754,358	$	(14,142	)
Expiring 07/16/15	BNP Paribas	AUD	979		763,900		771,345		7,445
Expiring 07/16/15	BNP Paribas	AUD	1,087		841,000		856,847		15,847
Expiring 07/16/15	BNP Paribas	AUD	1,334		1,031,400		1,050,969		19,569
Expiring 07/16/15	Citigroup Global Markets	AUD	1,107		881,300		872,195		(9,105	)
Brazilian Real,
Expiring 06/26/15	Bank of America	BRL	1,722		536,951		560,295		23,344
Expiring 06/26/15	BNP Paribas	BRL	2,928		955,700		952,829		(2,871	)
Expiring 06/26/15	BNP Paribas	BRL	2,935		953,200		955,097		1,897
Expiring 06/26/15	Deutsche Bank AG	BRL	2,504		784,000		814,845		30,845
Expiring 06/26/15	JPMorgan Chase	BRL	3,205		1,013,000		1,042,835		29,835
Expiring 07/14/15	Barclays Capital Group	BRL	1,891		587,630		611,523		23,893
Expiring 07/14/15	BNP Paribas	BRL	2,945		896,900		952,221		55,321
Expiring 07/14/15	BNP Paribas	BRL	5,039		1,565,700		1,629,615		63,915

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 41

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
British Pound,
Expiring 07/28/15	Citigroup Global Markets	GBP	1,261	$	1,909,900	$	1,934,943	$	25,043
Expiring 07/28/15	Citigroup Global Markets	GBP	3,226		4,878,131		4,949,297		71,166
Expiring 07/28/15	Goldman Sachs & Co.	GBP	1,269		1,911,400		1,947,283		35,883
Expiring 07/28/15	JPMorgan Chase	GBP	1,110		1,689,180		1,702,168		12,988
Canadian Dollar,
Expiring 07/16/15	BNP Paribas	CAD	1,390		1,145,900		1,150,994		5,094
Expiring 07/16/15	Goldman Sachs & Co.	CAD	1,406		1,146,000		1,164,244		18,244
Expiring 07/16/15	JPMorgan Chase	CAD	810		648,300		670,598		22,298
Expiring 07/16/15	JPMorgan Chase	CAD	1,860		1,532,600		1,540,044		7,444
Expiring 07/16/15	JPMorgan Chase	CAD	9,234		7,367,623		7,645,432		277,809
Chilean Peso,
Expiring 05/11/15	Barclays Capital Group	CLP	49,806		81,395		81,338		(57	)
Expiring 06/24/15	BNP Paribas	CLP	622,011		972,500		1,011,604		39,104
Expiring 07/29/15	BNP Paribas	CLP	588,951		957,800		954,695		(3,105	)
Chinese Renminbi,
Expiring 07/09/15	Barclays Capital Group	CNH	11,980		1,919,516		1,921,524		2,008
Expiring 07/09/15	JPMorgan Chase	CNH	54,597		8,726,415		8,756,820		30,405
Expiring 03/02/16	Barclays Capital Group	CNH	9,118		1,435,412		1,439,769		4,357
Colombian Peso,
Expiring 05/22/15	BNP Paribas	COP	2,049,960		776,500		858,663		82,163
Expiring 05/22/15	BNP Paribas	COP	3,023,311		1,155,700		1,266,368		110,668
Expiring 05/22/15	BNP Paribas	COP	3,135,080		1,205,800		1,313,185		107,385
Expiring 05/22/15	Citigroup Global Markets	COP	2,528,500		972,500		1,059,108		86,608
Expiring 05/26/15	BNP Paribas	COP	1,895,802		766,600		793,764		27,164
Expiring 05/26/15	Citigroup Global Markets	COP	2,854,300		1,150,000		1,195,084		45,084
Expiring 05/26/15	Citigroup Global Markets	COP	3,788,634		1,741,100		1,586,286		(154,814	)
Danish Krone,
Expiring 06/23/15	Deutsche Bank AG	DKK	23,641		3,415,071		3,562,072		147,001
Euro,
Expiring 07/22/15	Citigroup Global Markets	EUR	70		76,462		78,913		2,451
Expiring 07/28/15	Barclays Capital Group	EUR	3,836		4,311,297		4,312,316		1,019
Expiring 07/28/15	Deutsche Bank AG	EUR	3,469		3,842,600		3,899,544		56,944
Expiring 07/28/15	Goldman Sachs & Co.	EUR	3,513		3,819,700		3,949,014		129,314
Expiring 07/28/15	UBS AG	EUR	1,404		1,527,900		1,578,410		50,510
Hungarian Forint,
Expiring 07/22/15	Citigroup Global Markets	HUF	214,474		769,949		791,321		21,372
Expiring 07/22/15	JPMorgan Chase	HUF	310,714		1,150,200		1,146,407		(3,793	)
Expiring 07/22/15	UBS AG	HUF	263,990		957,800		974,016		16,216
Indian Rupee,
Expiring 07/24/15	Barclays Capital Group	INR	460,645		7,196,459		7,124,749		(71,710	)

See Notes to Financial Statements.

42

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
Indonesia Rupiah,
Expiring 06/25/15	UBS AG	IDR	9,951,100	$	764,000	$	758,413	$	(5,587	)
Expiring 06/25/15	UBS AG	IDR	15,512,503		1,174,300		1,182,270		7,970
Israel Shekel,
Expiring 07/20/15	Citigroup Global Markets	ILS	7,821		1,986,400		2,026,132		39,732
Japanese Yen,
Expiring 05/28/15	Toronto Dominion	JPY	3,556,881		29,872,890		29,797,439		(75,451	)
Expiring 07/16/15	Bank of America	JPY	103,570		867,433		868,244		811
Malaysian Ringgit,
Expiring 06/25/15	UBS AG	MYR	1,732		463,900		483,995		20,095
Expiring 06/25/15	UBS AG	MYR	2,737		763,900		764,658		758
Expiring 06/25/15	UBS AG	MYR	2,837		779,000		792,614		13,614
Expiring 06/25/15	UBS AG	MYR	2,880		782,900		804,493		21,593
Expiring 06/25/15	UBS AG	MYR	4,201		1,146,000		1,173,711		27,711
Expiring 06/25/15	UBS AG	MYR	5,464		1,481,800		1,526,531		44,731
Mexican Peso,
Expiring 07/22/15	Citigroup Global Markets	MXN	89,198		5,761,864		5,779,234		17,370
Expiring 07/22/15	Goldman Sachs & Co.	MXN	17,633		1,152,800		1,142,429		(10,371	)
Expiring 12/07/15	UBS AG	MXN	4,688		305,213		300,642		(4,571	)
New Taiwanese Dollar,
Expiring 05/04/15	JPMorgan Chase	TWD	48,152		1,553,000		1,572,280		19,280
Expiring 05/04/15	UBS AG	TWD	36,586		1,162,200		1,194,616		32,416
Expiring 05/04/15	UBS AG	TWD	37,154		1,185,500		1,213,146		27,646
Expiring 05/04/15	UBS AG	TWD	105,765		3,458,788		3,453,457		(5,331	)
Expiring 07/24/15	UBS AG	TWD	36,500		1,196,933		1,192,102		(4,831	)
Expiring 07/24/15	UBS AG	TWD	69,264		2,253,600		2,262,169		8,569
New Zealand Dollar,
Expiring 07/16/15	Bank of America	NZD	2,801		2,071,619		2,121,785		50,166
Norwegian Krone,
Expiring 07/23/15	Citigroup Global Markets	NOK	5,788		768,500		766,826		(1,674	)
Expiring 07/23/15	Deutsche Bank AG	NOK	8,846		1,149,500		1,172,006		22,506
Expiring 07/23/15	JPMorgan Chase	NOK	28,058		3,555,824		3,717,427		161,603
Peruvian Nuevo Sol,
Expiring 06/11/15	BNP Paribas	PEN	4,251		1,361,400		1,348,658		(12,742	)
Philippine Peso,
Expiring 05/11/15	Citigroup Global Markets	PHP	138,287		3,113,864		3,103,431		(10,433	)
Polish Zloty,
Expiring 07/23/15	Citigroup Global Markets	PLN	2,971		796,529		822,950		26,421
Expiring 07/23/15	Deutsche Bank AG	PLN	3,516		957,800		973,899		16,099

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 43

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
Romanian Leu,
Expiring 07/23/15	Citigroup Global Markets	RON	120	$	29,428	$	30,298	$	870
Expiring 07/23/15	Citigroup Global Markets	RON	3,114		763,900		788,909		25,009
Expiring 07/23/15	Citigroup Global Markets	RON	4,683		1,145,900		1,186,514		40,614
Expiring 07/23/15	Citigroup Global Markets	RON	7,783		1,909,900		1,971,983		62,083
Expiring 07/23/15	Deutsche Bank AG	RON	5,687		1,366,195		1,440,936		74,741
Russian Ruble,
Expiring 06/10/15	Barclays Capital Group	RUB	21,528		390,000		411,586		21,586
Expiring 06/10/15	Barclays Capital Group	RUB	71,683		1,152,831		1,370,481		217,650
Expiring 06/10/15	BNP Paribas	RUB	24,120		388,300		461,135		72,835
Expiring 06/10/15	BNP Paribas	RUB	24,234		386,200		463,322		77,122
Expiring 06/10/15	BNP Paribas	RUB	24,560		386,800		469,560		82,760
Expiring 06/10/15	BNP Paribas	RUB	24,752		385,600		473,218		87,618
Expiring 06/10/15	BNP Paribas	RUB	34,885		587,000		666,961		79,961
Expiring 06/10/15	Deutsche Bank AG	RUB	37,203		577,683		711,266		133,583
Expiring 06/10/15	JPMorgan Chase	RUB	22,617		388,000		432,397		44,397
Singapore Dollar,
Expiring 07/24/15	Citigroup Global Markets	SGD	2,558		1,909,900		1,930,244		20,344
Expiring 07/24/15	JPMorgan Chase	SGD	1,233		915,000		930,802		15,802
Expiring 07/24/15	JPMorgan Chase	SGD	2,038		1,527,900		1,538,173		10,273
Expiring 07/24/15	Toronto Dominion	SGD	1,011		766,400		762,788		(3,612	)
Expiring 07/24/15	Toronto Dominion	SGD	1,518		1,149,500		1,145,461		(4,039	)
Expiring 07/24/15	Toronto Dominion	SGD	2,038		1,527,900		1,538,106		10,206
Expiring 07/24/15	Toronto Dominion	SGD	2,545		1,915,500		1,920,684		5,184
South African Rand,
Expiring 07/20/15	Citigroup Global Markets	ZAR	11,491		960,700		952,792		(7,908	)
Expiring 07/20/15	Deutsche Bank AG	ZAR	13,957		1,149,300		1,157,311		8,011
Expiring 07/20/15	JPMorgan Chase	ZAR	9,262		766,400		767,957		1,557
Expiring 12/07/15	Credit Suisse First Boston Corp.	ZAR	3,793		311,000		306,821		(4,179	)
South Korean Won,
Expiring 06/11/15	Barclays Capital Group	KRW	2,673,872		2,386,107		2,491,241		105,134
Expiring 06/11/15	UBS AG	KRW	823,293		763,900		767,061		3,161
Expiring 06/11/15	UBS AG	KRW	865,670		782,900		806,543		23,643
Expiring 06/11/15	UBS AG	KRW	933,422		854,000		869,667		15,667
Expiring 06/11/15	UBS AG	KRW	1,043,973		953,400		972,668		19,268
Expiring 06/11/15	UBS AG	KRW	1,642,946		1,481,800		1,530,729		48,929
Swedish Krona,
Expiring 07/23/15	Barclays Capital Group	SEK	9,650		1,152,800		1,159,947		7,147
Expiring 07/23/15	Barclays Capital Group	SEK	13,265		1,533,300		1,594,498		61,198
Expiring 07/23/15	Deutsche Bank AG	SEK	3,199		384,300		384,514		214
Expiring 07/23/15	Deutsche Bank AG	SEK	6,415		768,500		771,143		2,643
Expiring 07/23/15	UBS AG	SEK	13,240		1,575,500		1,591,526		16,026

See Notes to Financial Statements.

44

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
Swiss Franc,
Expiring 07/28/15	BNP Paribas	CHF	84	$	88,576	$	90,570	$	1,994
Expiring 07/28/15	BNP Paribas	CHF	639		671,649		687,058		15,409
Expiring 07/28/15	UBS AG	CHF	856		900,946		920,220		19,274
Expiring 07/28/15	UBS AG	CHF	2,153		2,305,600		2,315,818		10,218
Expiring 07/28/15	UBS AG	CHF	2,159		2,267,109		2,321,833		54,724
				$	196,251,972	$	199,605,245	$	3,353,273

Sale Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
Australian Dollar,
Expiring 07/16/15	BNP Paribas	AUD	1,021	$	805,200	$	804,421	$	779
Expiring 07/16/15	Deutsche Bank AG	AUD	711		536,400		560,174		(23,774	)
Expiring 07/16/15	JPMorgan Chase	AUD	8,024		6,070,555		6,322,661		(252,106	)
Expiring 07/16/15	JPMorgan Chase	AUD	992		766,300		781,856		(15,556	)
Brazilian Real,
Expiring 07/14/15	BNP Paribas	BRL	4,489		1,550,200		1,451,557		98,643
Expiring 07/14/15	BNP Paribas	BRL	3,086		1,060,200		998,051		62,149
Expiring 07/14/15	BNP Paribas	BRL	2,981		993,600		963,953		29,647
Expiring 07/14/15	BNP Paribas	BRL	2,926		919,600		946,359		(26,759	)
Expiring 07/14/15	BNP Paribas	BRL	2,497		775,700		807,366		(31,666	)
Expiring 07/14/15	BNP Paribas	BRL	1,436		427,900		464,533		(36,633	)
Expiring 07/14/15	Citigroup Global Markets	BRL	1,683		505,700		544,414		(38,714	)
British Pound,
Expiring 07/28/15	BNP Paribas	GBP	644		950,608		988,547		(37,939	)
Expiring 07/28/15	Citigroup Global Markets	GBP	1,327		1,978,277		2,035,235		(56,958	)
Expiring 07/28/15	Citigroup Global Markets	GBP	266		397,525		408,781		(11,256	)
Canadian Dollar,
Expiring 07/16/15	Bank of America	CAD	368		302,124		304,721		(2,597	)
Expiring 07/16/15	Citigroup Global Markets	CAD	764		623,587		632,201		(8,614	)
Expiring 07/16/15	JPMorgan Chase	CAD	2,647		2,185,500		2,191,539		(6,039	)
Chilean Peso,
Expiring 06/24/15	BNP Paribas	CLP	622,011		1,001,547		1,011,604		(10,057	)
Chinese Renminbi,
Expiring 07/09/15	Deutsche Bank AG	CNH	11,980		1,915,500		1,921,524		(6,024	)
Expiring 03/02/16	Credit Suisse First Boston Corp.	CNH	9,118		1,405,000		1,439,769		(34,769	)

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 45

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Sale Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
Colombian Peso,
Expiring 05/22/15	Barclays Capital Group	COP	4,956,486	$	1,927,656	$	2,076,113	$	(148,457	)
Expiring 05/22/15	BNP Paribas	COP	2,536,580		996,300		1,062,492		(66,192	)
Expiring 05/22/15	BNP Paribas	COP	2,504,321		992,400		1,048,980		(56,580	)
Expiring 05/22/15	BNP Paribas	COP	2,251,922		869,300		943,258		(73,958	)
Expiring 05/22/15	BNP Paribas	COP	2,072,302		769,800		868,021		(98,221	)
Expiring 05/22/15	BNP Paribas	COP	1,423,008		540,400		596,053		(55,653	)
Czech Koruna,
Expiring 07/23/15	Barclays Capital Group	CZK	29,429		1,150,000		1,205,244		(55,244	)
Expiring 07/23/15	Citigroup Global Markets	CZK	22,462		881,600		919,937		(38,337	)
Expiring 07/23/15	Citigroup Global Markets	CZK	21,731		848,868		889,974		(41,106	)
Euro,
Expiring 07/28/15	Bank of America	EUR	635		687,762		714,055		(26,293	)
Expiring 07/28/15	JPMorgan Chase	EUR	635		687,883		714,055		(26,172	)
Hungarian Forint,
Expiring 07/22/15	BNP Paribas	HUF	995,441		3,568,019		3,672,768		(104,749	)
Expiring 07/22/15	UBS AG	HUF	532,544		1,909,900		1,964,867		(54,967	)
Indian Rupee,
Expiring 07/24/15	UBS AG	INR	218,732		3,393,300		3,383,105		10,195
Indonesia Rupiah,
Expiring 06/25/15	UBS AG	IDR	25,463,603		1,931,988		1,940,683		(8,695	)
Israel Shekel,
Expiring 07/20/15	JPMorgan Chase	ILS	7,798		1,983,701		2,020,323		(36,622	)
Expiring 07/23/15	Deutsche Bank AG	ILS	4,464		1,152,800		1,156,542		(3,742	)
Japanese Yen,
Expiring 07/28/15	Deutsche Bank AG	JPY	36,556		307,400		306,502		898
Malaysian Ringgit,
Expiring 06/25/15	UBS AG	MYR	8,556		2,283,819		2,390,277		(106,458	)
Mexican Peso,
Expiring 07/22/15	Deutsche Bank AG	MXN	19,060		1,226,600		1,234,943		(8,343	)
Expiring 12/07/15	Citigroup Global Markets	MXN	4,680		325,000		300,137		24,863
New Taiwanese Dollar,
Expiring 05/04/15	BNP Paribas	TWD	36,692		1,162,600		1,198,064		(35,464	)
Expiring 05/04/15	UBS AG	TWD	61,935		1,957,500		2,022,324		(64,824	)
Expiring 05/04/15	UBS AG	TWD	60,878		1,931,100		1,987,799		(56,699	)
Expiring 05/04/15	UBS AG	TWD	37,545		1,180,900		1,225,925		(45,025	)
Expiring 05/04/15	UBS AG	TWD	30,607		964,000		999,386		(35,386	)
Expiring 07/24/15	UBS AG	TWD	105,765		3,462,354		3,454,271		8,083

See Notes to Financial Statements.

46

Sale Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
New Zealand Dollar,
Expiring 07/16/15	Credit Suisse First Boston Corp.	NZD	1,526	$	1,145,900	$	1,156,174	$	(10,274	)
Expiring 07/16/15	UBS AG	NZD	4,166		3,126,400		3,155,581		(29,181	)
Expiring 07/16/15	UBS AG	NZD	1,004		768,500		760,533		7,967
Peruvian Nuevo Sol,
Expiring 06/11/15	BNP Paribas	PEN	4,233		1,341,600		1,342,877		(1,277	)
Expiring 06/11/15	Citigroup Global Markets	PEN	2,662		851,977		844,408		7,569
Philippine Peso,
Expiring 05/11/15	UBS AG	PHP	85,689		1,902,500		1,923,024		(20,524	)
Russian Ruble,
Expiring 06/10/15	BNP Paribas	RUB	131,070		2,452,200		2,505,880		(53,680	)
Expiring 06/10/15	BNP Paribas	RUB	54,177		996,600		1,035,782		(39,182	)
Expiring 06/10/15	JPMorgan Chase	RUB	71,848		1,349,000		1,373,630		(24,630	)
Singapore Dollar,
Expiring 07/24/15	Barclays Capital Group	SGD	244		179,992		183,801		(3,809	)
Expiring 07/24/15	JPMorgan Chase	SGD	2,712		2,011,931		2,046,233		(34,302	)
South African Rand,
Expiring 07/20/15	Barclays Capital Group	ZAR	16,529		1,338,000		1,370,563		(32,563	)
Expiring 07/20/15	BNP Paribas	ZAR	14,042		1,152,854		1,164,302		(11,448	)
Expiring 07/20/15	Deutsche Bank AG	ZAR	5,634		457,500		467,195		(9,695	)
Expiring 07/20/15	JPMorgan Chase	ZAR	12,962		1,073,600		1,074,770		(1,170	)
Expiring 12/07/15	UBS AG	ZAR	4,172		350,000		337,510		12,490
Expiring 02/29/16	Credit Suisse First Boston Corp.	ZAR	15,260		1,250,000		1,216,208		33,792
South Korean Won,
Expiring 06/11/15	UBS AG	KRW	1,046,832		926,400		975,331		(48,931	)
Swedish Krona,
Expiring 07/23/15	Bank of America	SEK	31,959		3,692,894		3,841,628		(148,734	)
Swiss Franc,
Expiring 07/28/15	BNP Paribas	CHF	555		582,047		597,522		(15,475	)
Expiring 07/28/15	UBS AG	CHF	1,823		1,911,400		1,960,615		(49,215	)
Thai Baht,
Expiring 07/22/15	Barclays Capital Group	THB	62,578		1,909,900		1,893,528		16,372
Expiring 07/22/15	Barclays Capital Group	THB	31,777		960,700		961,520		(820	)
Expiring 07/22/15	Barclays Capital Group	THB	22,857		691,700		691,610		90
Expiring 07/22/15	Barclays Capital Group	THB	18,881		574,800		571,315		3,485
Expiring 07/22/15	Deutsche Bank AG	THB	34,838		1,068,151		1,054,147		14,004
Turkish Lira,
Expiring 07/24/15	Citigroup Global Markets	TRY	2,622		960,701		957,008		3,693
Expiring 07/24/15	Citigroup Global Markets	TRY	84		30,219		30,561		(342	)
Expiring 07/24/15	Deutsche Bank AG	TRY	2,300		834,524		839,359		(4,835	)
Expiring 07/24/15	Deutsche Bank AG	TRY	1,586		574,700		578,693		(3,993	)
Expiring 07/24/15	Hong Kong & Shanghai Bank	TRY	14,214		5,137,417		5,186,901		(49,484	)

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 47

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Sale Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
Expiring 07/24/15	JPMorgan Chase	TRY	2,647	$	953,200	$	965,854	$	(12,654	)
Expiring 11/25/15	Credit Suisse First Boston Corp.	TRY	912		380,000		322,073		57,927
				$	107,201,280	$	109,261,500		(2,060,220	)
								$	1,293,053

Cross currency exchange contracts outstanding at April 30, 2015:

Settlement	Type		Notional Amount (000)			In Exchange For (000)			Unrealized Appreciation (Depreciation)			Counterparty
07/16/15		Buy		AUD	1,000		JPY	90,500	$	29,251		Citigroup Global Markets
07/20/15		Buy		EUR	687		TRY	2,094		7,240		Deutsche Bank AG
07/22/15		Buy		EUR	703		HUF	214,039		659		Deutsche Bank AG
07/23/15		Buy		EUR	1,821		RON	8,094		(3,394	)	Citigroup Global Markets
07/23/15		Buy		EUR	1,203		PLN	4,843		11,433		Deutsche Bank AG
07/23/15		Buy		EUR	1,766		PLN	7,141		6,975		Toronto Dominion
07/23/15		Buy		EUR	703		PLN	2,852		498		Barclays Capital Group
07/23/15		Buy		EUR	1,768		CZK	48,536		(722	)	Deutsche Bank AG
07/24/15		Buy		EUR	1,427		TRY	4,271		45,500		Citigroup Global Markets
07/28/15		Buy		EUR	1,781		CHF	1,850		12,147		UBS AG
07/28/15		Buy		EUR	1,770		JPY	228,592		73,143		UBS AG
07/28/15		Buy		EUR	1,752		CHF	1,830		666		UBS AG
07/28/15		Buy		EUR	1,047		CHF	1,094		466		UBS AG
07/28/15		Buy		EUR	1,431		CHF	1,496		36		JPMorgan Chase
07/28/15		Buy		EUR	1,718		CHF	1,798		(2,399	)	UBS AG
07/28/15		Buy		EUR	1,711		GBP	1,254		(599	)	UBS AG
12/23/15		Buy		EUR	1,000		ZAR	15,225		(100,629	)	Credit Suisse First Boston Corp.
01/13/16		Buy		EUR	620		PLN	2,682		(40,013	)	Credit Suisse First Boston Corp.
07/22/15		Buy		HUF	533,321		EUR	1,785		(38,720	)	Barclays Capital Group
07/22/15		Buy		HUF	212,349		CHF	732		(3,698	)	UBS AG
01/13/16		Buy		PLN	2,504		EUR	620		(9,138	)	JPMorgan Chase
07/23/15		Buy		PLN	2,483		EUR	620		(9,318	)	Barclays Capital Group
07/23/15		Buy		PLN	2,847		CHF	734		(383	)	Citigroup Global Markets
07/23/15		Buy		PLN	7,096		EUR	1,767		(20,724	)	Barclays Capital Group
07/23/15		Buy		RON	4,594		EUR	1,047		(12,868	)	BNP Paribas
07/23/15		Buy		SEK	9,936		EUR	1,070		(8,376	)	Deutsche Bank AG
07/24/15		Buy		TRY	3,700		EUR	1,246		(50,722	)	Citigroup Global Markets
07/24/15		Buy		TRY	4,267		EUR	1,431		(51,853	)	Citigroup Global Markets
12/23/15		Buy		ZAR	14,406		EUR	1,060		(33,100	)	Credit Suisse First Boston Corp.
										$(198,642)

See Notes to Financial Statements.

48

Credit default swap agreements outstanding at April 30, 2015:

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Value at Trade Date			Value at April 30, 2015(5)			Unrealized Appreciation
Exchange-traded credit default swaps on credit indices—Buy Protection(1):
CDX.NA.IG.23.V1		12/20/19		1.000%		20,000	$	(383,475	)	$	(329,280	)	$	54,195

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Value at Trade Date		Value at April 30, 2015(5)		Unrealized Appreciation
Exchange-traded credit default swaps on credit indices—Sell Protection(2):
CDX.NA.IG.23.V1		12/20/19		1.000%		20,000	$	321,158	$	330,045	$	8,887

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Implied Credit Spread at April 30, 2015(3)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation		Counterparty
Over-the-counter credit default swaps on corporate issues—Buy Protection(1):
Petroleos Mexicanos		09/20/21		1.000%		1,500		1.963	%	$	81,874		$	37,323		$	44,551	Hong Kong & Shanghai Bank
Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Implied Credit Spread at April 30, 2015(3)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Depreciation		Counterparty
Over-the-counter credit default swaps on corportate issues—Sell Protection(2):
Petroleos Mexicanos		09/20/21		1.000%		2,500		1.963	%	$	(136,457	)	$	(70,059	)		$(66,398)	Goldman Sachs & Co.

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Fair Value(5)		Upfront Premiums Paid (Received)		Unrealized Depreciation			Counterparty
Over-the-counter credit default swaps on credit indices—Sell Protection(2):
CMBX.NA.6.AA		05/11/63		1.500%		10,000	$	101,125	$	116,336	$	(15,211	)	Deutsche Bank AG

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 49

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Implied Credit Spread at April 30, 2015(3)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)			Counterparty
Over-the-counter credit default swaps on sovereign issues—Buy Protection(1):
Kingdom of Spain		06/20/17		1.000%		700		0.481	%	$	(8,587	)	$	(9,413	)	$	826		Deutsche Bank AG
Kingdom of Spain		06/20/19		1.000%		700		0.692	%		(9,504	)		(2,988	)		(6,516	)	Deutsche Bank AG
Republic of Ireland		06/20/17		1.000%		700		0.210	%		(12,693	)		(12,920	)		227		Deutsche Bank AG
Republic of Ireland		06/20/19		1.000%		700		0.380	%		(18,458	)		(10,231	)		(8,227	)	Deutsche Bank AG
Republic of Italy		06/20/17		1.000%		700		0.676	%		(5,642	)		(5,072	)		(570	)	Deutsche Bank AG
Republic of Italy		06/20/19		1.000%		900		0.998	%		(1,109	)		5,740			(6,849	)	Deutsche Bank AG
Republic of Philippines		09/20/17		1.000%		1,000		0.416	%		(15,111	)		(16,512	)		1,401		Goldman Sachs & Co.
Republic of Poland		06/20/17		1.000%		1,000		0.199	%		(18,378	)		(23,766	)		5,388		Hong Kong & Shanghai Bank
Republic of Portugal		06/20/17		1.000%		700		0.833	%		(3,307	)		3,899			(7,206	)	Deutsche Bank AG
Republic of Portugal		06/20/19		1.000%		400		1.208	%		2,832			12,675			(9,843	)	Deutsche Bank AG
Republic of Slovakia		06/20/17		1.000%		1,000		0.184	%		(18,697	)		(28,054	)		9,357		Hong Kong & Shanghai Bank
Republic of Slovenia		06/20/19		1.000%		900		0.899	%		(4,711	)		19,172			(23,883	)	JPMorgan Chase
										$	(113,365	)	$	(67,470	)	$	(45,895	)

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Implied Credit Spread at April 30, 2015(3)			Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)			Counterparty
Over-the-counter credit default swaps on sovereign issues—Sell Protection(2):
Federation of Malaysia		12/20/19		1.000%		2,000		1.087	%	$	(5,436	)	$	16,516	$	(21,952	)	Barclays Capital Group

See Notes to Financial Statements.

50

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Implied Credit Spread at April 30, 2015(3)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)			Counterparty
Over-the-counter credit default swaps on sovereign issues—Sell Protection(2) (cont’d.):
Federation of Malaysia		12/20/19		1.000%		2,000		1.087	%	$	(5,436	)	$	16,034		$	(21,470	)	Hong Kong & Shanghai Bank
Kingdom of Belgium		09/20/15		1.000%		1,300		0.092	%		6,197			(41,965	)		48,162		Hong Kong & Shanghai Bank
Kingdom of Belgium		12/20/24		1.000%		3,500		0.768	%		73,983			20,902			53,081		Hong Kong & Shanghai Bank
Kingdom of Belgium		03/20/20		1.000%		3,000		0.408	%		87,895			(14,500	)		102,395		JPMorgan Chase
Kingdom of Spain		06/20/21		1.000%		700		0.895	%		5,044			(7,646	)		12,690		Deutsche Bank AG
Kingdom of Spain		06/20/24		1.000%		700		1.127	%		(6,320	)		(25,397	)		19,077		Deutsche Bank AG
Kingdom of Spain		09/20/21		1.000%		1,500		0.924	%		8,597			18,280			(9,683	)	Hong Kong & Shanghai Bank
People’s Republic of China		12/20/19		1.000%		2,000		0.809	%		19,435			20,408			(973	)	Citigroup Global Markets
People’s Republic of China		03/20/22		1.000%		1,000		1.170	%		(9,584	)		(17,211	)		7,627		Deutsche Bank AG
People’s Republic of China		03/20/22		1.000%		2,000		1.170	%		(19,168	)		(21,992	)		2,824		Goldman Sachs & Co.
People’s Republic of China		06/20/19		1.000%		650		0.694	%		8,779			603			8,176		Hong Kong & Shanghai Bank
People’s Republic of China		12/20/19		1.000%		1,000		0.809	%		9,717			10,203			(486	)	Hong Kong & Shanghai Bank
Republic of Brazil		03/20/18		1.000%		1,500		1.804	%		(32,151	)		(17,514	)		(14,637	)	Deutsche Bank AG
Republic of Chile		12/20/21		1.000%		2,500		1.027	%		(1,283	)		2,887			(4,170	)	Deutsche Bank AG
Republic of Colombia		12/20/21		1.000%		2,000		1.672	%		(79,170	)		(41,036	)		(38,134	)	Hong Kong & Shanghai Bank

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 51

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Implied Credit Spread at April 30, 2015(3)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)		Counterparty
Over-the-counter credit default swaps on sovereign issues—Sell Protection(2) (cont’d.):
Republic of France		06/20/15		0.250%		5,000		0.043	%	$	2,922		$	(176,316	)	$	179,238	Barclays Capital Group
Republic of France		06/20/16		0.250%		2,700		0.050	%		7,022			(156,882	)		163,904	Barclays Capital Group
Republic of France		06/20/17		0.250%		2,500		0.089	%		9,375			(194,311	)		203,686	Barclays Capital Group
Republic of France		12/20/24		0.250%		3,200		0.680	%		(118,588	)		(177,192	)		58,604	Barclays Capital Group
Republic of France		12/20/16		0.250%		4,500		0.075	%		14,306			(353,862	)		368,168	Citigroup Global Markets
Republic of France		03/20/22		0.250%		11,500		0.517	%		(196,797	)		(224,462	)		27,665	Citigroup Global Markets
Republic of France		03/20/19		0.250%		1,200		0.232	%		1,195			(14,962	)		16,157	Deutsche Bank AG
Republic of France		03/20/24		0.250%		1,200		0.634	%		(37,126	)		(71,827	)		34,701	Goldman Sachs & Co.
Republic of France		12/20/19		0.250%		7,000		0.290	%		(10,572	)		(107,630	)		97,058	Hong Kong & Shanghai Bank
Republic of France		09/20/22		0.250%		3,000		0.514	%		(54,158	)		(290,349	)		236,191	Hong Kong & Shanghai Bank
Republic of France		03/20/20		0.250%		3,000		0.307	%		(7,250	)		(188,678	)		181,428	JPMorgan Chase
Republic of France		03/20/22		0.250%		1,250		0.473	%		(17,846	)		(167,253	)		149,407	Morgan Stanley
Republic of France		12/20/16		1.000%		1,000		0.075	%		16,462			(31,892	)		48,354	UBS AG
Republic of Indonesia		09/20/18		1.000%		2,200		1.052	%		(1,239	)		(122,244	)		121,005	Deutsche Bank AG
Republic of Indonesia		12/20/18		1.000%		1,200		1.136	%		(5,789	)		(70,888	)		65,099	Goldman Sachs & Co.

See Notes to Financial Statements.

52

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Implied Credit Spread at April 30, 2015(3)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)			Counterparty
Over-the-counter credit default swaps on sovereign issues—Sell Protection(2) (cont’d.):
Republic of Ireland		06/20/21		1.000%		700		0.562	%	$	18,735		$	3,082		$	15,653		Deutsche Bank AG
Republic of Ireland		06/20/24		1.000%		700		0.785	%		13,202			(8,907	)		22,109		Deutsche Bank AG
Republic of Ireland		06/20/18		1.000%		2,000		0.292	%		46,487			(81,677	)		128,164		Hong Kong & Shanghai Bank
Republic of Italy		06/20/21		1.000%		700		1.238	%		(8,661	)		(18,943	)		10,282		Deutsche Bank AG
Republic of Italy		06/20/24		1.000%		900		1.526	%		(36,110	)		(50,860	)		14,750		Deutsche Bank AG
Republic of Italy		03/20/22		1.000%		3,000		1.456	%		(81,633	)		(108,518	)		26,885		Goldman Sachs & Co.
Republic of Italy		03/20/22		1.000%		3,000		1.456	%		(81,633	)		(108,435	)		26,802		JPMorgan Chase
Republic of Italy		12/20/16		1.000%		2,000		0.618	%		14,906			(293,422	)		308,328		UBS AG
Republic of Korea		12/20/21		1.000%		2,000		0.620	%		49,987			37,686			12,301		Barclays Capital Group
Republic of Latvia		09/20/19		1.000%		3,000		0.624	%		51,794			5,686			46,108		Barclays Capital Group
Republic of Latvia		06/20/19		1.000%		700		0.571	%		13,000			2,637			10,363		Deutsche Bank AG
Republic of Lithuania		09/20/19		1.000%		3,000		0.630	%		51,156			5,603			45,553		Barclays Capital Group
Republic of Lithuania		06/20/19		1.000%		700		0.576	%		12,855			2,637			10,218		Deutsche Bank AG
Republic of Peru		03/20/22		1.000%		3,000		1.600	%		(109,345	)		(105,928	)		(3,417	)	Barclays Capital Group
Republic of Philippines		03/20/22		1.000%		1,000		1.234	%		(13,699	)		(17,211	)		3,512		Deutsche Bank AG
Republic of Philippines		09/20/21		1.000%		1,000		1.162	%		(8,460	)		(15,838	)		7,378		Hong Kong & Shanghai Bank

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 53

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(4)		Implied Credit Spread at April 30, 2015(3)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)			Counterparty
Over-the-counter credit default swaps on sovereign issues—Sell Protection(2) (cont’d.):
Republic of Poland		12/20/21		1.000%		2,000		0.777	%	$	30,298		$	33,938		$	(3,640	)	Barclays Capital Group
Republic of Poland		06/20/21		1.000%		1,000		0.724	%		17,308			17,974			(666	)	Hong Kong & Shanghai Bank
Republic of Portugal		06/20/21		1.000%		700		1.516	%		(19,497	)		(44,566	)		25,069		Deutsche Bank AG
Republic of Portugal		06/20/24		1.000%		400		1.823	%		(24,889	)		(39,790	)		14,901		Deutsche Bank AG
Republic of Slovakia		06/20/21		1.000%		1,000		0.629	%		22,966			21,924			1,042		Hong Kong & Shanghai Bank
Republic of Slovenia		06/20/24		1.000%		900		1.574	%		(40,171	)		(69,737	)		29,566		Hong Kong & Shanghai Bank
Republic of South Africa		12/20/18		1.000%		1,200		1.679	%		(28,614	)		(64,857	)		36,243		Goldman Sachs & Co.
Republic of Turkey		03/20/20		1.000%		2,000		2.174	%		(104,458	)		(76,305	)		(28,153	)	JPMorgan Chase
										$	(551,460	)	$	(3,404,003	)	$	2,852,543

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 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 less the recovery value of the referenced obligation or underlying securities

See Notes to Financial Statements.

54

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) Implied credit spreads, represented in absolute terms, utilized in determining the fair value of credit default swap agreements on corporate issues or sovereign issues of an emerging country 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.

(4) 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.

(5) The fair value of credit default swap agreements on credit indices serves as an indicator of the current status of the payment/performance risk and represents the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the reporting date. Increasing fair value in absolute terms, when compared to the notional amount of the swap, represents 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.

Interest rate swap agreements outstanding at April 30, 2015:

Notional Amount (000)#		Termination Date		Fixed Rate	Floating Rate	Value at Trade Date			Value at April 30, 2015			Unrealized Appreciation (Depreciation)
	Exchange-traded swap agreements:
CAD	4,500		01/09/20	1.716%	3 Month Canadian Banker’s Acceptance(1)	$	(1,974	)	$	(54,365	)	$	(52,391	)
CAD	3,000		08/20/23	3.134%	3 Month Canadian Banker’s Acceptance(1)		18,731			(251,961	)		(270,692	)
CHF	9,140		05/04/17	(0.648%)	6 Month CHF LIBOR(1)		183			5,305			5,122
CHF	1,840		05/04/25	0.160%	6 Month CHF LIBOR(2)		177			(14,367	)		(14,544	)
CZK	34,000		01/23/22	0.513%	6 Month PRIBOR(2)		965			(6,954	)		(7,919	)
DKK	15,000		01/27/20	0.385%	6 Month CIBOR(2)		102			(7,555	)		(7,657	)
DKK	13,600		05/04/25	0.825%	6 Month CIBOR(2)		37			(17,904	)		(17,941	)
EUR	6,000		09/25/15	(0.048%)	1 Day EONIA(1)		178			(1,196	)		(1,374	)
EUR	4,500		09/24/16	(0.045%)	1 Day EONIA(1)		412			(5,181	)		(5,593	)
EUR	4,000		03/13/17	0.493%	3 Month EURIBOR(1)		8,710			(40,260	)		(48,970	)
EUR	2,000		10/24/18	—	3 Month EURIBOR(3)		(364	)		4,694			5,058
EUR	830		07/02/19	0.656%	6 Month EURIBOR(2)		(1,935	)		15,962			17,897
EUR	610		07/02/21	0.994%	6 Month EURIBOR(2)		(3,139	)		25,067			28,206
EUR	700		08/14/21	0.841%	3 Month EURIBOR(2)		(3,216	)		25,418			28,634
EUR	700		09/03/23	2.171%	6 Month EURIBOR(2)		(18,654	)		103,737			122,391
EUR	1,600		10/10/23	2.130%	6 Month EURIBOR(2)		(41,540	)		232,858			274,398

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 55

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Notional Amount (000)#		Termination Date		Fixed Rate	Floating Rate	Value at Trade Date			Value at April 30, 2015			Unrealized Appreciation (Depreciation)
	Exchange-traded swap agreements (cont’d.):
EUR	2,000		03/04/29	2.302%	6 Month EURIBOR(2)	$	230,703		$	444,006		$	213,303
EUR	1,000		06/04/29	2.002%	6 Month EURIBOR(2)		(20,124	)		178,417			198,541
EUR	1,360		11/11/29	1.453%	6 Month EURIBOR(2)		(5,789	)		128,826			134,615
EUR	1,800		01/14/30	1.022%	6 Month EURIBOR(2)		4,139			46,082			41,943
EUR	440		07/01/43	2.505%	6 Month EURIBOR(2)		(20,047	)		184,083			204,130
EUR	500		09/03/43	2.691%	6 Month EURIBOR(2)		(28,219	)		236,863			265,082
EUR	1,000		11/21/44	1.790%	6 Month EURIBOR(2)		(7,020	)		229,146			236,166
EUR	400		02/10/45	1.158%	6 Month EURIBOR(2)		2,285			16,072			13,787
GBP	690		06/30/19	2.166%	6 Month GBP LIBOR(2)		(1,327	)		32,691			34,018
GBP	510		06/30/21	2.469%	6 Month GBP LIBOR(2)		(1,524	)		38,538			40,062
HKD	48,000		02/25/16	0.630%	3 Month HIBOR(2)		24			7,839			7,815
JPY	320,000		01/29/22	0.316%	6 Month JPY LIBOR(2)		111			(6,775	)		(6,886	)
JPY	90,000		02/20/29	1.260%	6 Month JPY LIBOR(2)		(5,034	)		46,394			51,428
JPY	50,000		04/02/29	1.288%	6 Month JPY LIBOR(2)		(2,971	)		27,136			30,107
JPY	100,000		08/18/29	1.070%	6 Month JPY LIBOR(2)		(960	)		27,383			28,343
JPY	100,000		08/28/29	1.043%	6 Month JPY LIBOR(2)		(413	)		24,079			24,492
JPY	200,000		09/09/29	1.061%	6 Month JPY LIBOR(2)		(2,700	)		52,163			54,863
JPY	160,000		09/29/29	1.064%	6 Month JPY LIBOR(2)		(1,288	)		41,743			43,031
JPY	90,000		11/05/34	1.293%	6 Month JPY LIBOR(2)		115			24,454			24,339
JPY	70,000		12/03/34	1.265%	6 Month JPY LIBOR(2)		65			15,759			15,694
JPY	260,000		01/07/35	1.108%	6 Month JPY LIBOR(2)		616			(6,467	)		(7,083	)
JPY	50,000		01/22/35	0.950%	6 Month JPY LIBOR(2)		212			(13,622	)		(13,834	)
JPY	120,000		02/12/35	1.161%	6 Month JPY LIBOR(2)		126			6,370			6,244
JPY	320,000		02/24/35	1.200%	6 Month JPY LIBOR(2)		282			35,688			35,406
JPY	160,000		03/03/35	1.153%	6 Month JPY LIBOR(2)		199			5,835			5,636
MXN	90,000		02/09/18	4.630%	28 Day Mexican Interbank Rate(2)		(646	)		2,646			3,292
MXN	35,000		04/18/19	5.480%	28 Day Mexican Interbank Rate(2)		(9,807	)		35,799			45,606
MXN	27,400		12/27/24	5.795%	28 Day Mexican Interbank Rate(2)		(384	)		(42,618	)		(42,234	)
MXN	4,000		07/27/34	6.720%	28 Day Mexican Interbank Rate(2)		(95	)		3,522			3,617
NOK	7,000		08/26/16	2.320%	6 Month NIBOR(2)		(2,869	)		12,134			15,003
NOK	11,000		01/23/22	1.435%	6 Month NIBOR(2)		250			(42,698	)		(42,948	)
NZD	2,600		03/13/19	4.550%	3 Month BBR(2)		(2,475	)		70,375			72,850
NZD	750		03/13/24	5.080%	3 Month BBR(2)		(3,116	)		53,893			57,009
NZD	1,900		05/01/25	3.825%	3 Month BBR(2)		125			(4,135	)		(4,260	)
PLN	9,000		02/13/22	1.990%	6 Month WIBOR(2)		(621	)		(42,693	)		(42,072	)
SEK	13,300		08/26/16	1.930%	3 Month STIBOR(2)		(11,825	)		44,192			56,017
SEK	20,000		01/20/20	0.485%	3 Month STIBOR(2)		1,519			12,277			10,758
SEK	12,700		08/29/24	1.657%	3 Month STIBOR(2)		17,471			92,637			75,166
	275,000		09/17/15	0.181%	1 Day Overnight Fed Funds Effective Rate(2)		219			(2,091	)		(2,310	)

See Notes to Financial Statements.

56

Notional Amount (000)#		Termination Date		Fixed Rate	Floating Rate	Value at Trade Date			Value at April 30, 2015			Unrealized Appreciation (Depreciation)
	Exchange-traded swap agreements (cont’d.):
	335,600		10/28/15	0.278%	1 Day Overnight Fed Funds Effective Rate(1)	$	234		$	(13,462	)	$	(13,696	)
	4,600		07/07/18	1.515%	3 Month LIBOR(1)		168			(46,270	)		(46,438	)
	11,100		08/31/18	1.644%	3 Month LIBOR(1)		195			(151,256	)		(151,451	)
	5,900		08/31/18	1.686%	3 Month LIBOR(1)		174			(88,614	)		(88,788	)
	8,800		08/31/18	1.758%	3 Month LIBOR(1)		185			(153,268	)		(153,453	)
	47,100		02/28/19	1.806%	3 Month LIBOR(1)		113,042			(814,583	)		(927,625	)
	21,000		08/08/19	3.111%	3 Month LIBOR(2)		203			785,675			785,472
	2,960		12/02/19	1.639%	3 Month LIBOR(1)		164			(17,349	)		(17,513	)
	2,500		02/04/20	1.523%	3 Month LIBOR(1)		160			2,535			2,375
	4,080		03/11/20	1.824%	3 Month LIBOR(1)		167			(50,484	)		(50,651	)
	1,200		03/23/20	1.616%	3 Month LIBOR(1)		155			(2,753	)		(2,908	)
	130,800		12/31/21	1.787%	3 Month LIBOR(1)		(33,246	)		726,050			759,296
	8,000		12/31/21	1.850%	3 Month LIBOR(1)		194			12,837			12,643
	1,700		02/04/22	1.760%	3 Month LIBOR(1)		159			9,578			9,419
	7,960		08/18/24	2.750%	3 Month LIBOR(2)		134			461,786			461,652
	2,200		03/23/25	2.045%	3 Month LIBOR(1)		166			15,118			14,952
						$	170,134		$	2,704,781		$	2,534,647

Cash of $1,230,000 and Foreign Bonds with a combined market value of $5,332,975 have been segregated with Citigroup Global Markets to cover requirements for open exchange-traded and cleared swap contracts at April 30, 2015.

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)			Counterparty
	Over-the-counter swap agreements:
AUD	1,000		09/07/21		4.945%	6 Month BBSW(2)	$	107,032		$	—	$	107,032		Citigroup Global Markets
AUD	1,000		08/31/22		3.890%	6 Month BBSW(2)		60,186			—		60,186		Hong Kong & Shanghai Bank
AUD	1,400		08/31/22		3.920%	6 Month BBSW(2)		86,208			—		86,208		Citigroup Global Markets
AUD	1,700		09/21/22		3.830%	6 Month BBSW(2)		98,152			—		98,152		Barclays Capital Group
AUD	2,800		08/08/23		4.170%	6 Month BBSW(1)		(227,453	)		—		(227,453	)	Hong Kong & Shanghai Bank
AUD	2,000		12/19/32		4.423%	6 Month BBSW(2)		263,474			—		263,474		Barclays Capital Group
AUD	650		03/15/43		4.755%	6 Month BBSW(2)		138,472			—		138,472		Hong Kong & Shanghai Bank

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 57

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)			Counterparty
	Over-the-counter swap agreements (cont’d.):
BRL	4,228		01/01/21		12.640%	1 Day BZDIOVER(2)	$	38,713		$	—	$	38,713		Deutsche Bank AG
BRL	859		01/01/21		13.115%	1 Day BZDIOVER(2)		19,131			—		19,131		Deutsche Bank AG
CAD	3,200		02/22/17		1.708%	3 Month Canadian Banker’s Acceptance(2)		33,768			—		33,768		Citigroup Global Markets
CAD	650		11/06/17		1.645%	3 Month Canadian Banker’s Acceptance(2)		8,049			—		8,049		Bank of Nova Scotia
CAD	500		12/27/17		1.700%	3 Month Canadian Banker’s Acceptance(2)		6,832			—		6,832		Bank of Nova Scotia
CAD	4,200		08/17/22		2.370%	3 Month Canadian Banker’s Acceptance(2)		162,873			—		162,873		Bank of Nova Scotia
CLP	2,800,000		01/21/20		3.460%	6 Month CLICP(2)		(66,906	)		—		(66,906	)	JPMorgan Chase
CLP	700,000		02/27/24		5.230%	6 Month CLICP(2)		85,006			—		85,006		Deutsche Bank AG
COP	3,300,000		11/19/18		5.380%	1 Day COLIBOR OIS(2)		36,429			—		36,429		Hong Kong & Shanghai Bank
COP	6,300,000		02/13/20		5.050%	1 Day COLIBOR OIS(2)		7,880			—		7,880		Deutsche Bank AG
COP	1,000,000		06/27/23		6.840%	1 Day COLIBOR OIS(2)		39,176			—		39,176		Deutsche Bank AG
COP	455,000		04/10/25		6.020%	1 Day COLIBOR OIS(2)		1,438			—		1,438		JPMorgan Chase
CZK	25,000		06/27/18		1.635%	6 Month PRIBOR(2)		52,289			—		52,289		Hong Kong & Shanghai Bank
DKK	31,000		01/25/16		0.910%	6 Month CIBOR(2)		27,670			—		27,670		Deutsche Bank AG
DKK	3,200		03/01/22		2.300%	6 Month CIBOR(2)		56,689			—		56,689		Credit Suisse First Boston Corp.
EUR	600		07/27/22		1.772%	6 Month EURIBOR(2)		71,070			—		71,070		Citigroup Global Markets

See Notes to Financial Statements.

58

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)			Counterparty
	Over-the-counter swap agreements (cont’d.):
EUR	650		09/24/42		2.404%	6 Month EURIBOR(2)	$	263,159		$	—	$	263,159		Citigroup Global Markets
EUR	850		03/27/43		2.327%	6 Month EURIBOR(2)		318,893			—		318,893		Bank of America
GBP	500		08/01/16		2.060%	6 Month GBP LIBOR(2)		14,133			—		14,133		Citigroup Global Markets
GBP	1,000		08/17/22		1.975%	3 Month GBP LIBOR(2)		42,339			—		42,339		Hong Kong & Shanghai Bank
GBP	1,600		01/13/32		2.788%	6 Month GBP LIBOR(2)		262,469			—		262,469		Barclays Capital Group
GBP	1,420		04/24/43		2.932%	6 Month GBP LIBOR(2)		356,925			—		356,925		Hong Kong & Shanghai Bank
HKD	27,000		01/04/18		0.805%	3 Month HIBOR(1)		15,986			—		15,986		Bank of America
HKD	25,000		07/29/18		1.625%	3 Month HIBOR(2)		51,061			—		51,061		Hong Kong & Shanghai Bank
HKD	25,000		10/08/18		1.635%	3 Month HIBOR(1)		(51,872	)		—		(51,872	)	Hong Kong & Shanghai Bank
HKD	30,800		04/28/20		1.400%	3 Month HIBOR(1)		13,111			—		13,111		Citigroup Global Markets
HKD	8,200		08/22/22		1.560%	3 Month HIBOR(1)		12,152			—		12,152		Hong Kong & Shanghai Bank
HUF	620,000		11/19/18		4.290%	6 Month BUBOR(2)		195,663			—		195,663		Credit Suisse First Boston Corp.
HUF	330,000		03/27/23		5.510%	6 Month BUBOR(2)		245,255			—		245,255		Deutsche Bank AG
ILS	6,500		11/20/18		2.200%	3 Month TELBOR(2)		117,392			—		117,392		Hong Kong & Shanghai Bank
ILS	3,200		03/06/23		3.525%	3 Month TELBOR(2)		141,570			—		141,570		Deutsche Bank AG
ILS	4,200		06/27/23		3.730%	3 Month TELBOR(2)		232,990			—		232,990		Credit Suisse First Boston Corp.
JPY	300,000		01/15/16		0.790%	Japan CPI(2)		(20,339	)		—		(20,339	)	Barclays Capital Group
JPY	60,000		02/02/21		1.265%	6 Month JPY LIBOR(2)		29,262			—		29,262		Barclays Capital Group
JPY	96,000		02/16/21		1.365%	6 Month JPY LIBOR(2)		51,603			—		51,603		Barclays Capital Group
JPY	50,000		06/02/21		1.200%	6 Month JPY LIBOR(2)		24,331			—		24,331		Barclays Capital Group
JPY	45,000		06/16/21		1.170%	6 Month JPY LIBOR(2)		21,084			—		21,084		Barclays Capital Group

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 59

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Fair Value		Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)		Counterparty
	Over-the-counter swap agreements (cont’d.):
JPY	40,000		06/28/21		1.123%	6 Month JPY LIBOR(2)	$	17,515	$	—	$	17,515	Barclays Capital Group
JPY	30,000		07/22/21		1.090%	6 Month JPY LIBOR(2)		12,563		—		12,563	Citigroup Global Markets
JPY	220,000		07/26/22		0.745%	6 Month JPY LIBOR(2)		50,636		—		50,636	Barclays Capital Group
JPY	55,000		11/20/22		0.748%	6 Month JPY LIBOR(2)		13,218		—		13,218	Barclays Capital Group
JPY	120,000		12/27/22		0.803%	6 Month JPY LIBOR(2)		32,701		—		32,701	Barclays Capital Group
JPY	175,000		03/15/23		0.755%	6 Month JPY LIBOR(2)		39,514		—		39,514	Barclays Capital Group
JPY	85,500		07/21/24		1.489%	6 Month JPY LIBOR(2)		67,092		—		67,092	Citigroup Global Markets
JPY	60,000		07/04/26		1.603%	6 Month JPY LIBOR(2)		56,192		—		56,192	Citigroup Global Markets
JPY	70,000		08/02/26		1.534%	6 Month JPY LIBOR(2)		60,421		—		60,421	Citigroup Global Markets
JPY	300,000		09/03/27		1.290%	6 Month JPY LIBOR(2)		183,275		—		183,275	Citigroup Global Markets
JPY	35,000		10/02/27		1.238%	6 Month JPY LIBOR(2)		19,156		—		19,156	Barclays Capital Group
JPY	55,000		11/05/27		1.270%	6 Month JPY LIBOR(2)		33,906		—		33,906	Barclays Capital Group
JPY	40,000		12/04/27		1.261%	6 Month JPY LIBOR(2)		23,896		—		23,896	Citigroup Global Markets
JPY	40,000		12/14/27		1.235%	6 Month JPY LIBOR(2)		22,600		—		22,600	Hong Kong & Shanghai Bank
JPY	120,000		02/20/28		1.353%	6 Month JPY LIBOR(2)		80,236		—		80,236	Deutsche Bank AG
JPY	200,000		04/16/28		1.235%	6 Month JPY LIBOR(2)		104,946		—		104,946	Credit Suisse First Boston Corp.
JPY	110,000		08/18/31		1.750%	6 Month JPY LIBOR(2)		117,065		—		117,065	Barclays Capital Group
JPY	25,000		08/30/31		1.750%	6 Month JPY LIBOR(2)		26,514		—		26,514	Barclays Capital Group
JPY	240,000		01/18/32		1.638%	6 Month JPY LIBOR(2)		218,814		—		218,814	Barclays Capital Group
JPY	30,000		11/05/32		1.563%	6 Month JPY LIBOR(2)		24,248		—		24,248	Barclays Capital Group

See Notes to Financial Statements.

60

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)			Counterparty
	Over-the-counter swap agreements (cont’d.):
JPY	160,000		11/14/32		2.390%	6 Month JPY LIBOR(2)	$	105,942		$	—	$	105,942		Citigroup Global Markets
JPY	35,000		12/14/32		1.575%	6 Month JPY LIBOR(2)		29,050			—		29,050		Hong Kong & Shanghai Bank
JPY	40,000		07/09/42		1.705%	6 Month JPY LIBOR(2)		36,896			—		36,896		Barclays Capital Group
JPY	20,000		10/02/42		1.659%	6 Month JPY LIBOR(2)		14,179			—		14,179		Barclays Capital Group
JPY	70,000		01/28/43		1.955%	6 Month JPY LIBOR(2)		94,265			—		94,265		JPMorgan Chase
JPY	137,500		05/21/43		2.003%	6 Month JPY LIBOR(1)		(203,528	)		—		(203,528	)	Credit Suisse First Boston Corp.
JPY	45,000		05/28/43		2.088%	6 Month JPY LIBOR(1)		(74,610	)		—		(74,610	)	Deutsche Bank AG
JPY	45,800		05/29/43		2.013%	6 Month JPY LIBOR(1)		(68,614	)		—		(68,614	)	Credit Suisse First Boston Corp.
JPY	100,000		06/03/43		1.970%	6 Month JPY LIBOR(2)		140,637			—		140,637		JPMorgan Chase
KRW	1,500,000		08/14/21		2.773%	3 Month KRW Certificate of Deposit Rate(2)		55,447			—		55,447		Hong Kong & Shanghai Bank
KRW	900,000		11/05/24		2.425%	3 Month KRW Certificate of Deposit Rate(2)		12,233			—		12,233		Barclays Capital Group
MXN	45,000		12/02/15		5.090%	28 Day Mexican Interbank Rate(2)		31,701			—		31,701		Deutsche Bank AG
MXN	37,000		06/20/18		6.020%	28 Day Mexican Interbank Rate(2)		93,779			—		93,779		Credit Suisse First Boston Corp.
MXN	20,000		08/13/19		4.985%	28 Day Mexican Interbank Rate(2)		(8,338	)		—		(8,338	)	Hong Kong & Shanghai Bank

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 61

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)			Counterparty
	Over-the-counter swap agreements (cont’d.):
MXN	15,700		04/28/23		5.100%	28 Day Mexican Interbank Rate(2)	$	(56,896	)	$	—	$	(56,896	)	Barclays Capital Group
MXN	17,500		04/09/42		7.890%	28 Day Mexican Interbank Rate(2)		169,124			—		169,124		Barclays Capital Group
MYR	1,700		04/28/25		4.040%	3 Month KLIBOR(2)		(2,797	)		—		(2,797	)	Citigroup Global Markets
NOK	13,500		11/07/17		2.550%	6 Month NIBOR(2)		56,290			—		56,290		Citigroup Global Markets
NOK	4,500		11/07/22		3.190%	6 Month NIBOR(2)		55,734			—		55,734		Citigroup Global Markets
NZD	3,200		08/18/16		4.173%	3 Month BBR(2)		23,026			—		23,026		Citigroup Global Markets
NZD	1,320		09/25/22		3.790%	3 Month BBR(2)		2,945			—		2,945		Citigroup Global Markets
NZD	910		08/09/23		4.653%	3 Month BBR(2)		43,374			—		43,374		Hong Kong & Shanghai Bank
PLN	15,000		06/28/18		3.790%	6 Month WIBOR(2)		332,649			—		332,649		Deutsche Bank AG
PLN	4,900		06/27/21		5.390%	6 Month WIBOR(2)		298,323			—		298,323		JPMorgan Chase
PLN	5,700		04/12/22		5.030%	6 Month WIBOR(2)		285,517			—		285,517		Hong Kong & Shanghai Bank
PLN	4,000		03/14/23		3.810%	6 Month WIBOR(2)		122,772			—		122,772		Bank of America
PLN	4,100		03/18/23		3.660%	6 Month WIBOR(2)		113,348			—		113,348		Hong Kong & Shanghai Bank
PLN	3,600		06/27/26		5.280%	6 Month WIBOR(1)		(315,143	)		—		(315,143	)	JPMorgan Chase
PLN	4,100		04/12/27		4.810%	6 Month WIBOR(1)		(281,261	)		—		(281,261	)	Hong Kong & Shanghai Bank
PLN	3,500		03/18/43		3.380%	6 Month WIBOR(1)		(166,128	)		—		(166,128	)	Hong Kong & Shanghai Bank
RUB	110,000		05/14/15		9.800%	3 Month MOSPRIME(1)		(116,165	)		—		(116,165	)	Credit Suisse First Boston Corp.
RUB	100,000		06/02/15		9.690%	3 Month MOSPRIME(1)		(102,151	)		—		(102,151	)	Hong Kong & Shanghai Bank

See Notes to Financial Statements.

62

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)			Counterparty
	Over-the-counter swap agreements (cont’d.):
SEK	25,000		05/10/16		1.363%	3 Month STIBOR(2)	$	84,570		$	—	$	84,570		Royal Bank of Scotland Group PLC
SEK	3,700		02/27/22		2.520%	3 Month STIBOR(2)		55,686			—		55,686		Citigroup Global Markets
SGD	1,800		01/08/18		0.935%	6 Month SIBOR(2)		(16,687	)		—		(16,687	)	Bank of America
SGD	5,450		04/30/20		1.850%	6 Month SIBOR(2)		(16,119	)		—		(16,119	)	Citigroup Global Markets
THB	100,000		05/14/16		2.630%	3 Month BIBOR(2)		48,155			—		48,155		Citigroup Global Markets
THB	50,000		12/20/17		3.230%	6 Month BIBOR(2)		65,624			—		65,624		Bank of America
THB	28,900		04/30/25		2.560%	6 Month BIBOR(2)		5,901			—		5,901		Citigroup Global Markets
TWD	390,000		09/29/15		1.090%	3 Month Secondary Market CP Bank Rate(1)		(11,360	)		—		(11,360	)	Bank of America
ZAR	55,000		06/25/18		7.440%	3 Month JIBAR(2)		44,915			—		44,915		Hong Kong & Shanghai Bank
ZAR	17,000		11/15/23		8.085%	3 Month JIBAR(2)		31,220			—		31,220		Credit Suisse First Boston Corp.
ZAR	5,000		09/03/33		8.970%	3 Month JIBAR(2)		27,549			—		27,549		Hong Kong & Shanghai Bank
ZAR	12,000		11/03/34		8.230%	3 Month JIBAR(2)		(4,791	)		—		(4,791	)	Barclays Capital Group
	20,000		12/08/15		0.670%	CPI Urban Consumers(1)		(135,455	)		—		(135,455	)	JPMorgan Chase
	10,000		12/15/15		0.400%	CPI Urban Consumers(1)		(35,050	)		—		(35,050	)	Deutsche Bank AG
								$5,513,611		$	—	$	5,513,611

(1) Fund pays the fixed rate and receives the floating rate.

(2) Fund pays the floating rate and receives the fixed rate.

(3) Fund pays the floating rate of 3 Month EURIBOR and receives the floating rate of 1 Month EURIBOR.

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 63

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Currency swap agreements outstanding at April 30, 2015:

Notional Amount (000)#		Fund Receives	Notional Amount (000)		Fund Pays	Counterparty	Termination Date		Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)
	326	3 Month LIBOR	EUR	250	3 Month EURIBOR minus 31.70 bps	Barclays Capital Group		12/14/15	$	45,558		$	—		$	45,558
	2,105	3 Month LIBOR plus 190 bps	CHF	2,000	2.625%	Citigroup Global Markets		05/12/15		(84,418	)		(78,305	)		(6,113	)
	257	3 Month LIBOR plus 313 bps	JPY	20,000	4.500%	Citigroup Global Markets		06/08/15		83,890			(11,241	)		95,131
	307	3 Month LIBOR plus 333 bps	JPY	24,000	4.500%	Citigroup Global Markets		06/08/15		99,795			(12,096	)		111,891
	1,246	3 Month LIBOR plus 498 bps	JPY	100,000	4.500%	Citigroup Global Markets		06/08/15		386,615			62			386,553
	690	3 Month LIBOR plus 197 bps	EUR	500	3.750%	Citigroup Global Markets		10/12/15		113,711			(16,600	)		130,311
	649	3 Month LIBOR plus 225 bps	EUR	500	3.750%	Citigroup Global Markets		10/12/15		73,097			(16,422	)		89,519
	582	3 Month LIBOR plus 412 bps	EUR	480	4.500%	Citigroup Global Markets		11/30/15		36,781			(5,471	)		42,252
	263	3 Month LIBOR	EUR	200	3 Month EURIBOR minus 30.00 bps	Citigroup Global Markets		12/18/15		38,791			—			38,791
	651	3 Month LIBOR plus 310 bps	EUR	500	3.625%	Citigroup Global Markets		02/01/16		89,505			42			89,463
	303	3 Month LIBOR plus 272 bps	EUR	227	4.500%	Citigroup Global Markets		04/05/16		44,220			(15,773	)		59,993
	651	3 Month LIBOR plus 273 bps	EUR	500	4.500%	Citigroup Global Markets		04/05/16		81,574			(22,723	)		104,297
	960	3 Month LIBOR plus 218 bps	EUR	700	4.500%	Citigroup Global Markets		04/15/16		158,472			—			158,472
	1,111	3 Month LIBOR plus 451 bps	JPY	92,000	3.700%	Citigroup Global Markets		11/14/16		369,072			66			369,006
	327	3 Month LIBOR plus 156 bps	CHF	300	2.875%	Citigroup Global Markets		11/23/16		(9,532	)		(22,679	)		13,147
	325	3 Month LIBOR plus 158 bps	CHF	300	2.875%	Citigroup Global Markets		11/23/16		(11,607	)		(27,045	)		15,438
	1,605	3 Month LIBOR plus 432 bps	JPY	125,000	3.450%	Citigroup Global Markets		03/24/17		620,060			38,560			581,500
	122	3 Month LIBOR plus 208 bps	EUR	100	4.250%	Citigroup Global Markets		07/14/17		792			(11,428	)		12,220
	244	3 Month LIBOR plus 220 bps	EUR	200	4.250%	Citigroup Global Markets		07/14/17		1,513			(20,832	)		22,345
	1,111	3 Month LIBOR plus 265 bps	CHF	1,000	2.625%	Credit Suisse First Boston Corp.		05/12/15		12,349			(25,901	)		38,250
	567	3 Month LIBOR plus 510 bps	CHF	500	4.000%	Credit Suisse First Boston Corp.		05/20/16		18,086			676			17,410

See Notes to Financial Statements.

64

Notional Amount (000)#		Fund Receives	Notional Amount (000)		Fund Pays	Counterparty	Termination Date		Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)
	439	3 Month LIBOR	JPY	44,780	3 Month LIBOR minus 31.25 bps	Deutsche Bank AG		05/14/17	$	63,151		$	—		$	63,151
JPY	510,300	3 Month LIBOR minus 23.25 bps		5,000	3 Month LIBOR	Goldman Sachs & Co.		06/17/16		(721,848	)		—			(721,848	)
	5,000	3 Month LIBOR	JPY	510,300	3 Month LIBOR minus 53.375 bps	Goldman Sachs & Co.		06/17/24		680,042			—			680,042
	461	3 Month LIBOR	EUR	350	3 Month EURIBOR minus 30.25 bps	Hong Kong & Shanghai Bank		12/19/15		68,082			—			68,082
	114	3 Month CHF LIBOR minus 13.30 bps	CHF	100	3 Month LIBOR	Hong Kong & Shanghai Bank		03/21/16		7,115			—			7,115
TRY	4,800	7.700%		2,500	3 Month LIBOR	Hong Kong & Shanghai Bank		07/19/18		(691,102	)		—			(691,102	)
TRY	7,729	8.820%		3,800	3 Month LIBOR	Hong Kong & Shanghai Bank		09/04/18		(809,014	)		—			(809,014	)
	147	3 Month LIBOR plus 398 bps	EUR	120	4.500%	JPMorgan Chase		11/30/15		10,639			(2,177	)		12,816
	3,049	3 Month LIBOR	DKK	18,000	3 Month CIBOR minus 37.00 bps	JPMorgan Chase		10/03/16		334,886			—			334,886
	24,780	3 Month LIBOR	EUR	20,000	3 Month EURIBOR minus 14.625 bps	JPMorgan Chase		11/10/16		2,299,994			—			2,299,994
JPY	500,000	3 Month LIBOR minus 44.00 bps		4,248	3 Month LIBOR	JPMorgan Chase		11/21/16		(64,832	)		—			(64,832	)
AUD	3,240	3 Month BBSW plus 24.25 bps		3,000	3 Month LIBOR	JPMorgan Chase		05/22/19		(424,801	)		—			(424,801	)
	4,248	3 Month LIBOR	JPY	500,000	3 Month LIBOR minus 73.00 bps	JPMorgan Chase		11/21/24		82,145			—			82,145
									$	3,002,781		$	(249,287	)	$	3,252,068

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 65

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Total return swap agreements outstanding at April 30, 2015:

Counterparty	Termination Date		Notional Amount (000)#		Description	Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)
Barclays Capital Group		05/07/2015		15,000	Pay fixed payments of 0.100% and receive variable payments based on the Federal National Mortgage Assoc. 30 Year TBA	$	(2,234	)	$	—	$	(2,234	)
Barclays Capital Group		05/01/2015		15,000	Pay fixed payments on the Barclays Capital MBS Index and receive variable payments based on the 1 Month LIBOR		82,899			—		82,899
JPMorgan Chase		06/20/2015		2,000	Pay fixed payments on the IBOXXUSLHY Index and receive variable payments based on the 3 Month LIBOR		6,652			—		6,652
JPMorgan Chase		06/20/2015		5,000	Pay fixed payments on the IBOXXUSLHY Index and receive variable payments based on the 3 Month LIBOR		46,229			—		46,229
						$	133,546		$	—	$	133,546

Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.

Level 1—quoted prices generally in active markets for identical securities.

Level 2—quoted prices for similar securities, interest rates and yield curves, prepayment speeds, foreign currency exchange rates and other observable inputs.

Level 3—unobservable inputs for securities valued in accordance with Board approved fair valuation procedures.

See Notes to Financial Statements.

66

The following is a summary of the inputs used as of April 30, 2015 in valuing such portfolio securities:

	Level 1			Level 2			Level 3
Investments in Securities
Foreign Bonds	$	—		$	204,084,983		$	—
Asset-Backed Securities
Collateralized Debt Obligations		—			1,773,494			—
Collateralized Loan Obligations		—			27,517,857			3,236,602
Non-Residential Mortgage-Backed Security		—			605,603			—
Residential Mortgage-Backed Securities		—			47,620,593			—
Bank Loans		—			1,948,012			—
Commercial Mortgage-Backed Securities		—			23,731,154			1,402,969
Corporate Bonds		—			53,646,743			605,394
Municipal Bonds		—			3,554,546			—
U.S. Government Agency Obligations		—			1,725,879			—
Preferred Stock		103,560			—			—
Options Purchased		8,481			1,005,858			—
Options Written		(6,325	)		(2,224,278	)		—
Other Financial Instruments*
Futures Contracts		(634,642	)		—			—
Forward Foreign Currency Exchange Contracts		—			1,293,053			—
Cross Currency Exchange Contracts		—			(198,642	)		—
Exchange-traded credit default swaps		—			63,082			—
Over-the-counter credit default swaps		—			(618,283	)		—
Exchange-traded interest rate swaps		—			2,534,647			—
Over-the-counter interest rate swaps		—			5,344,487			169,124
Currency Swap Agreements		—			3,002,781			—
Total Return Swap Agreements		—			133,546			—
Total	$	(528,926	)	$	376,545,115		$	5,414,089

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 67

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

The following is a reconciliation of assets in which significant unobservable inputs (Level 3) were used in determining fair value:

	Foreign Bonds			Collateralized Loan Obligations			Residential Mortgage- Backed Securities			Bank Loans			Commercial Mortgage- Backed Securities			Corporate Bonds			Interest Rate Swaps
Balance as of 10/31/14	$	1,769,625		$	—		$	2,466,090		$	639,077		$	—		$	627,111		$	108,260
Realized gain (loss)		313,654			—			—			—			—			—			—	**
Change in unrealized appreciation (depreciation)***		(403,252	)		(257,386	)		—			(29,954	)		(17,486	)		4,003			60,864
Purchases		—			3,493,988			—			—			1,420,455			—			—
Sales		(1,680,027	)		—			—			(610,405	)		—			(25,720	)		—
Accrued discount/premium		—			—			—			1,282			—			—			—
Transfers into Level 3		—			—			—			—			—			—			—
Transfers out of Level 3		—			—			(2,466,090	)		—			—			—			—
Balance as of 4/30/15	$	—		$	3,236,602		$	—		$	—		$	1,402,969		$	605,394		$	169,124

* Other financial instruments are derivative instruments not reflected in the Portfolio of Investments, such as futures, forwards and exchange-traded swap contracts, which are recorded at the unrealized appreciation/depreciation on the instrument, and over-the-counter swap contracts which are recorded at fair value.

** The net realized gain incurred during the period for other financial instruments was $25,913.

*** Of which, $(210,005) was relating to securities held at the reporting period end.

Level 3 securities as presented in the table above are being fair valued using pricing methodologies approved by Board, which contain unobservable inputs as follows:

Level 3 Securities	Fair Value as of April 30, 2015		Valuation Methodology	Unobservable Inputs
Collateralized Loan Obligations	$	3,236,602	Pricing at Cost	Unadjusted Purchase Price
Commercial Mortgage-Backed Securities		1,402,969	Market Approach	Single Broker Indicative Quote
Corporate Bonds		605,394	Market Approach	Single Broker Indicative Quote
Interest Rate Swap Agreements		169,124	Model Pricing	Interbank Interest Rate
	$	5,414,089

It is the Fund’s policy to recognize transfers in and transfers out at the fair value as of the beginning of period. At the reporting period end, securities transferred levels as follows:

Investments in Securities	Amount Transferred		Level Transfer		Logic
Residential Mortgage-Backed Securities	$	2,466,090		L3 to L2	Single Broker Quote to Evaluated Bid

See Notes to Financial Statements.

68

The industry classification of investments and other assets in excess of liabilities shown as a percentage of net assets as of April 30, 2015 was as follows:

Sovereign Bonds	44.6	%
Residential Mortgage-Backed Securities	12.3
Collateralized Loan Obligations	8.0
Commercial Mortgage-Backed Securities	6.5
Banking	5.1
Foreign Agencies	4.0
Electric	2.0
Healthcare & Pharmaceutical	1.4
Media & Entertainment	1.4
Technology	1.3
Cable	1.1
Municipal Bonds	0.9
Building Materials & Construction	0.9
Gaming	0.8
Foods	0.7
Capital Goods	0.6
Telecommunications	0.6
Collateralized Debt Obligations	0.5
U.S. Government Agency Obligations	0.5
Insurance	0.4
Real Estate Investment Trusts	0.4
Brokerage	0.3	%
Automotive	0.3
Options Purchased	0.3
Paper	0.2
Pipelines & Other	0.2
Chemicals	0.2
Metals	0.2
Airlines	0.2
Non-Captive Finance	0.1
Non-Residential Mortgage-Backed Security	0.1
Railroads	0.1
Financials	0.1
Consumer	0.1
Aerospace & Defense	0.1
Energy—Other	0.1
	96.6
Options Written	(0.6	)
Other assets in excess of liabilities	4.0
	100.0	%

The Fund invested in derivative instruments during the reporting period. The primary types of risk associated with these derivative instruments are credit risk, equity risk, foreign exchange risk and interest rate risk. The effect of such derivative instruments on the Fund’s financial position and financial performance as reflected in the Statement of Assets and Liabilities and Statement of Operations is presented in the summary below.

Fair values of derivative instruments as of April 30, 2015 as presented in the Statement of Assets and Liabilities:

Derivatives not accounted for as hedging instruments, carried at fair value	Asset Derivatives				Liability Derivatives
	Balance Sheet Location	Fair Value			Balance Sheet Location	Fair Value
Interest rate contracts	Due from/to broker—variation margin futures	$	372,289	*	Due from/to broker—variation margin futures	$	1,006,931	*
Interest rate contracts	Due from/to broker—variation margin exchange-traded swaps		4,575,878	*	Due from/to broker—variation margin exchange-traded swaps		2,041,231	*

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 69

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Derivatives not accounted for as hedging instruments, carried at fair value	Asset Derivatives				Liability Derivatives
	Balance Sheet Location	Fair Value			Balance Sheet Location	Fair Value
Interest rate contracts	Premiums paid for swap agreements	$	39,406		Premiums received for swap agreements	$	288,693
Interest rate contracts	Unrealized appreciation on over-the-counter swap agreements		13,465,052		Unrealized depreciation on over-the-counter swap agreements		4,701,607
Interest rate contracts	Unaffiliated investments		343,316		Options written outstanding, at value		6,325
Foreign exchange contracts	Unrealized appreciation on foreign currency exchange contracts		4,156,245		Unrealized depreciation on foreign currency exchange contracts		2,863,192
Foreign exchange contracts	Unrealized appreciation on cross currency exchange contracts		188,014		Unrealized depreciation on cross currency exchange contracts		386,656
Foreign exchange contracts	Unaffiliated investments		671,023		Options written outstanding, at value		2,224,278
Equity contracts	Unrealized appreciation on over-the-counter swap agreements		135,780		—		—
Credit contracts	Premiums paid for swap agreements		432,145		Premiums received for swap agreements		3,820,018
Credit contracts	Due from/to broker—variation margin exchange-traded swaps		63,082	*	—		—
Credit contracts	Unrealized appreciation on over-the-counter swap agreements		3,061,674		Unrealized depreciation on over-the-counter swap agreements		292,084
Total		$	27,503,904			$	17,631,015

* Includes cumulative appreciation/depreciation as reported in schedule of open futures and exchange-traded swap contracts. Only unsettled variation margin receivable (payable) is reported within the Statement of Assets and Liabilities.

See Notes to Financial Statements.

70

The effects of derivative instruments on the Statement of Operations for the six months ended April 30, 2015 are as follows:

Amount of Realized Gain or (Loss) on Derivatives Recognized in Income
Derivatives not accounted for as hedging instruments, carried at fair value	Options Purchased*			Options Written			Futures		Forward Rate Agreements		Forward and Cross Currency Contracts**			Swaps			Total
Credit contracts	$	(448,000	)	$	184,000		$	—	$	—	$	—		$	1,768,727		$	1,504,727
Foreign exchange contracts		(143,208	)		(27,503	)		—		—		(6,910,823	)		—			(7,081,534	)
Interest rate contracts		(887,510	)		553,749			3,125,642		106,000		—			(494,739	)		2,403,142
	$	(1,478,718	)	$	710,246		$	3,125,642	$	106,000	$	(6,910,823	)	$	1,273,988		$	(3,173,665	)

* Included in net realized gain (loss) on investment transactions in the Statement of Operations.

** Included in net realized gain (loss) on foreign currency transactions in the Statement of Operations.

Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income
Derivatives not accounted for as hedging instruments, carried at fair value	Options Purchased*			Options Written			Futures			Swaps			Forward and Cross Currency Contracts**		Total
Interest rate contracts	$	(118,679	)	$	76,220		$	(1,420,649	)	$	4,618,208		$	—	$	3,155,100
Foreign exchange contracts		134,751			(855,667	)		—			—			1,434,580		713,664
Equity contracts		—			—			—			135,780			—		135,780
Credit contracts		39,754			(24,633	)		—			(264,679	)		—		(249,558	)
	$	55,826		$	(804,080	)	$	(1,420,649	)	$	4,489,309		$	1,434,580	$	3,754,986

* Included in net change in unrealized appreciation (depreciation) on investments in the Statement of Operations.

** Included in net change in unrealized appreciation (depreciation) on foreign currencies in the Statement of Operations.

For the six months ended April 30, 2015, the Fund’s average volume of derivative activities are as follows:

Options Purchased (Cost)	Options Written (Notional Amount in USD (000))	Futures Long Positions (Value at Trade Date)	Futures Short Positions (Value at Trade Date)	Forward Currency Contracts— Purchased (Value at Settlement Date)	Forward Currency Contracts— Sold (Value at Settlement Date)	Cross Currency Contracts (Notional Amount in USD (000))
$1,090,592	$190,710	$119,873,257	$36,920,026	$188,510,402	$139,573,442	$39,536

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 71

Portfolio of Investments

as of April 30, 2015 (Unaudited) continued

Forward Rate Agreements (Notional Amount in USD (000))		Interest Rate Swaps (Notional Amount in USD (000))		Credit Default Swaps as Buyer (Notional Amount in USD (000))		Credit Default Swaps as Writer (Notional Amount in USD (000))		Currency Swaps (Notional Amount in USD (000))		Total Return Swaps (Notional Amount in USD (000))
$	40,000	$	710,562	$	17,847	$	119,480	$	65,901	$	18,104

Offsetting of over-the-counter (OTC) derivative assets and liabilities:

The Fund invested in OTC derivatives during the reporting period that are either offset in accordance with current requirements or are subject to enforceable master netting arrangements or similar agreements that permit offsetting. The information about offsetting and related netting arrangements for OTC derivatives, where the legal right to set-off exists, is presented in the summary below.

Counterparty	Gross amounts of recognized assets(1)		Gross amounts available for offset			Collateral Received(3)			Net Amount
Bank of America	$	597,596	$	(205,671	)	$	(688,400	)	$	—
Bank of Nova Scotia		177,754		—			(256,453	)		—
Barclays Capital Group		2,983,873		(1,625,820	)		(1,203,398	)		154,655
BNP Paribas		1,144,489		(800,661	)		(434,895	)		—
Citigroup Global Markets		5,120,800		(2,438,339	)		(3,088,000	)		—
Credit Suisse First Boston Corp.		1,092,706		(762,332	)		(360,000	)		—
Deutsche Bank AG		2,093,318		(976,339	)		(948,055	)		168,924
Goldman Sachs & Co.		1,030,636		(1,030,636	)		—			—
Hong Kong & Shanghai Bank		2,375,599		(2,375,599	)		—			—
JPMorgan Chase		4,294,944		(1,978,383	)		(3,051,398	)		—
Morgan Stanley		149,407		(149,407	)		—			—
Royal Bank of Scotland Group PLC		84,570		—			—			84,570
Toronto Dominion		22,365		(22,365	)		—			—
UBS AG		1,316,117		(1,158,064	)		—			158,053
	$	22,484,174

See Notes to Financial Statements.

72

Counterparty	Gross amounts of recognized liabilities(2)			Gross amounts available for offset		Collateral Pledged(3)		Net Amount
Bank of America	$	(205,671	)	$	205,671	$	—	$	—
Bank of Nova Scotia		—			—		—		—
Barclays Capital Group		(1,625,820	)		1,625,820		—		—
BNP Paribas		(800,661	)		800,661		—		—
Citigroup Global Markets		(2,438,339	)		2,438,339		—		—
Credit Suisse First Boston Corp.		(762,332	)		762,332		—		—
Deutsche Bank AG		(976,339	)		976,339		—		—
Goldman Sachs & Co.		(1,223,270	)		1,030,636		455,985		—
Hong Kong & Shanghai Bank		(3,157,294	)		2,375,599		714,939		(66,756	)
JPMorgan Chase		(1,978,383	)		1,978,383		—		—
Morgan Stanley		(167,253	)		149,407		—		(17,846	)
Royal Bank of Scotland Group PLC		—			—		—		—
Toronto Dominion		(83,102	)		22,365		—		(60,737	)
UBS AG		(1,158,064	)		1,158,064		211,236		—
	$	(14,576,528	)

(1) Includes unrealized appreciation on swaps and forwards, premiums paid on swap agreements and market value of purchased options.

(2) Includes unrealized depreciation on swaps and forwards, premiums received on swap agreements and market value of written options.

(3) Amounts shown reflect actual collateral received or pledged by the Fund. Such amounts are applied up to 100% of the Fund’s OTC derivative exposure by counterparty.

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 73

Statement of Assets & Liabilities

as of April 30, 2015 (Unaudited)

Assets
Unaffiliated investments (cost $378,350,005)	$	372,571,728
Foreign currency, at value (cost $113,946)		115,491
Deposit with broker		1,490,000
Unrealized appreciation on over-the-counter swap agreements		16,662,506
Dividends and interest receivable		4,541,662
Unrealized appreciation on forward foreign currency exchange contracts		4,156,245
Receivable for investments sold		4,142,790
Receivable for Fund shares sold		588,273
Premium paid for swap agreements		471,551
Unrealized appreciation on cross currency exchange contracts		188,014
Tax reclaim receivable		28,356
Prepaid expenses		11,449
Total assets		404,968,065
Liabilities
Unrealized depreciation on over-the-counter swap agreements		4,993,691
Premium received for swap agreements		4,108,711
Unrealized depreciation on forward foreign currency exchange contracts		2,863,192
Options written outstanding, at value (premiums received $819,384)		2,230,603
Loan payable		1,294,000
Payable for Fund shares reacquired		1,088,654
Payable for investments purchased		715,068
Payable to custodian		510,477
Unrealized depreciation on cross currency exchange contracts		386,656
Dividends payable		222,470
Accrued expenses and other liabilities		191,410
Due to broker—variation margin futures		172,076
Management fee payable		164,891
Due to broker—variation margin swaps		77,903
Distribution fee payable		69,958
Affiliated transfer agent fee payable		19,272
Total liabilities		19,109,032
Net Assets	$	385,859,033
Net assets were comprised of:
Common stock, at par	$	577,833
Paid-in capital in excess of par		390,251,574
		390,829,407
Distributions in excess of net investment income		(3,575,808	)
Accumulated net realized loss on investment and foreign currency transactions		(8,812,007	)
Net unrealized appreciation on investments and foreign currencies		7,417,441
Net assets, April 30, 2015	$	385,859,033

See Notes to Financial Statements.

74

Class A
Net asset value and redemption price per share ($179,477,196 ÷ 26,933,976 shares of common stock issued and outstanding)	$	6.66
Maximum sales charge (4.50% of offering price)		0.31
Maximum offering price to public	$	6.97
Class B
Net asset value, offering price and redemption price per share ($5,595,971 ÷ 840,170 shares of common stock issued and outstanding)	$	6.66
Class C
Net asset value, offering price and redemption price per share ($34,625,559 ÷ 5,206,273 shares of common stock issued and outstanding)	$	6.65
Class Q
Net asset value, offering price and redemption price per share ($23,439,861 ÷ 3,475,366 shares of common stock issued and outstanding)	$	6.74
Class Z
Net asset value, offering price and redemption price per share ($142,720,446 ÷ 21,327,536 shares of common stock issued and outstanding)	$	6.69

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 75

Statement of Operations

Six Months Ended April 30, 2015 (Unaudited)

Net Investment Income
Income
Interest income (net of foreign withholding taxes of $1,130)	$	6,588,164
Affiliated dividend income		7,732
Unaffiliated dividend income		3,935
Total income		6,599,831
Expenses
Management fee		1,211,561
Distribution fee—Class A		264,121
Distribution fee—Class B		29,470
Distribution fee—Class C		174,357
Transfer agent’s fees and expenses (including affiliated expense of $34,000)		211,000
Custodian and accounting fees		152,000
Shareholders’ reports		56,000
Registration fees		49,000
Audit fee		30,000
Legal fees and expenses		14,000
Directors’ fees		10,000
Insurance expenses		2,000
Loan interest expense		435
Miscellaneous		8,871
Total expenses		2,212,815
Less: Management fee waiver		(235,145	)
Distribution fee waiver—Class A		(33,079	)
Net expenses		1,944,591
Net investment income		4,655,240
Realized And Unrealized Gain (Loss) On Investments And Foreign Currency Transactions
Net realized gain (loss) on:
Investment transactions		(4,149,454	)
Futures transactions		3,125,642
Options written transactions		710,246
Forward rate agreement transactions		106,000
Swap agreement transactions		1,273,988
Foreign currency transactions		(5,577,193	)
		(4,510,771	)
Net change in unrealized appreciation (depreciation) on:
Investments		(8,987,294	)
Futures		(1,420,649	)
Options written		(804,080	)
Swap agreements		4,489,309
Foreign currencies		1,578,651
		(5,144,063	)
Net loss on investment and foreign currency transactions		(9,654,834	)
Net Decrease In Net Assets Resulting From Operations	$	(4,999,594	)

See Notes to Financial Statements.

76

Statement of Changes in Net Assets

(Unaudited)

	Six Months Ended April 30, 2015			Year Ended October 31, 2014
Increase (Decrease) in Net Assets
Operations
Net investment income	$	4,655,240		$	7,462,133
Net realized gain (loss) on investment and foreign currency transactions		(4,510,771	)		3,357,856
Net change in unrealized appreciation (depreciation) on investments and foreign currencies		(5,144,063	)		(3,457,402	)
Net increase (decrease) in net assets resulting from operations		(4,999,594	)		7,362,587
Dividends and Distributions (Note 1)
Dividends from net investment income*
Class A		(3,421,297	)		(3,369,995	)
Class B		(88,055	)		(115,286	)
Class C		(514,963	)		(515,247	)
Class Q		(249,250	)		(6,739	)
Class Z		(2,608,242	)		(1,543,783	)
		(6,881,807	)		(5,551,050	)
Tax return of capital distributions
Class A		—			(3,421,507	)
Class B		—			(117,048	)
Class C		—			(523,123	)
Class Q		—			(6,842	)
Class Z		—			(1,567,379	)
		—			(5,635,899	)
Fund share transactions (Net of share conversions) (Note 6)
Net proceeds from shares sold		117,154,498			179,325,048
Net asset value of shares issued in reinvestment of dividends and distributions		5,506,144			8,726,155
Cost of shares reacquired		(77,049,469	)		(88,583,224	)
Net increase in net assets from Fund share transactions		45,611,173			99,467,979
Total increase		33,729,772			95,643,617
Net Assets:
Beginning of period		352,129,261			256,485,644
End of period	$	385,859,033		$	352,129,261

* Dividends from net investment income may include other items that are ordinary income for tax purposes.

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 77

Notes to Financial Statements

(Unaudited)

Prudential Global Total Return Fund, Inc. (the “Fund”) is an open-end management investment company, registered under the Investment Company Act of 1940, as amended (“1940 Act”). The Fund’s investment objective is to seek total return, made up of current income and capital appreciation. The Fund is a non-diversified fund.

Note  1. Accounting Policies

The Fund follows investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standard Codification Topic 946 Financial Services – Investment Companies. The following accounting policies conform to U.S. generally accepted accounting principles. The Fund consistently follows such policies in the preparation of its financial statements.

Securities Valuation: The Fund holds securities and other assets that are fair valued at the close of each day the New York Stock Exchange (“NYSE”) is open for trading. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Board of Directors (the “Board”) has adopted Valuation Procedures for security valuation under which fair valuation responsibilities have been delegated to Prudential Investments LLC (“PI” or “Manager”). Under the current Valuation Procedures, the established Valuation Committee is responsible for supervising the valuation of portfolio securities and other assets. The Valuation Procedures permit the Fund to utilize independent pricing vendor services, quotations from market makers, and alternative valuation methods when market quotations are either not readily available or not deemed representative of fair value. A record of the Valuation Committee’s actions is subject to the Board’s review, approval, and ratification at its next regularly-scheduled quarterly meeting.

Various inputs determine how the Fund’s investments are valued, all of which are categorized according to the three broad levels (Level 1, 2, or 3) detailed in the table following the Portfolio of Investments.

Common and preferred stocks, exchange-traded funds and derivative instruments, such as futures or options, that are traded on a national securities exchange are valued at the last sale price as of the close of trading on the applicable exchange where the security principally trades. Securities traded via NASDAQ are valued at the NASDAQ official closing price. To the extent these securities are valued at the last sale price or NASDAQ official closing price, they are classified as Level 1 in the fair value hierarchy.

78

In the event that no sale or official closing price on valuation date exists, these securities are generally valued at the mean between the last reported bid and ask prices, or at the last bid price in absence of an ask price. These securities are classified as Level 2 in the fair value hierarchy, as the inputs are observable.

Common and preferred stocks traded on foreign securities exchanges are valued using pricing vendor services that provide model prices derived using adjustment factors based on information such as local closing price, relevant general and sector indices, currency fluctuations, depositary receipts, and futures, as applicable. Securities valued using such model prices are classified as Level 2 in the fair value hierarchy, as the adjustment factors are observable. Such securities are valued using model prices to the extent that the valuation meets the established confidence level for each security. If the confidence level is not met or the vendor does not provide a model price, securities are valued in accordance with exchange-traded common and preferred stocks discussed above.

Investments in open-end, non-exchange-traded mutual funds are valued at their net asset values as of the close of the NYSE on the date of valuation. These securities are classified as Level 1 in the fair value hierarchy since they may be purchased or sold at their net asset values on the date of valuation.

Fixed income securities traded in the over-the-counter market are generally valued at prices provided by approved independent pricing vendors. The pricing vendors provide these prices after evaluating observable inputs including, but not limited to yield curves, yield spreads, credit ratings, deal terms, tranche level attributes, default rates, cash flows, prepayment speeds, broker/dealer quotations, and reported trades. Securities valued using such vendor prices are classified as Level 2 in the fair value hierarchy.

Over-the-counter derivative instruments are generally valued using pricing vendor services, which derive the valuation based on inputs such as underlying asset prices, indices, spreads, interest rates, and exchange rates. These instruments are categorized as Level 2 in the fair value hierarchy.

Centrally cleared swaps listed or traded on a multilateral or trade facility platform, such as a registered exchange, are valued at the daily settlement price determined by the respective exchange. These securities are classified as Level 2 in the fair value hierarchy, as the daily settlement price is not public.

Securities and other assets that cannot be priced according to the methods described above are valued based on pricing methodologies approved by the Board. In the event that unobservable inputs are used when determining such valuations, the securities will be classified as Level 3 in the fair value hierarchy.

Prudential Global Total Return Fund, Inc. 79

Notes to Financial Statements

(Unaudited) continued

When determining the fair value of securities, some of the factors influencing the valuation include: the nature of any restrictions on disposition of the securities; assessment of the general liquidity of the securities; the issuer’s financial condition and the markets in which it does business; the cost of the investment; the size of the holding and the capitalization of the issuer; the prices of any recent transactions or bids/offers for such securities or any comparable securities; any available analyst media or other reports or information deemed reliable by the investment adviser regarding the issuer or the markets or industry in which it operates. Using fair value to price securities may result in a value that is different from a security’s most recent closing price and from the price used by other mutual funds to calculate their net asset values.

Restricted and Illiquid Securities: Subject to guidelines adopted by the Board, the Fund may invest up to 15% of its net assets in illiquid securities, including those which are restricted as to disposition under securities law (“restricted securities”). Restricted securities are valued pursuant to the valuation procedures noted above. Illiquid securities are those that, because of the absence of a readily available market or due to legal or contractual restrictions on resale, cannot be sold within seven days in the ordinary course of business at approximately the amount at which the Fund has valued the investment. Therefore, the Fund may find it difficult to sell illiquid securities at the time considered most advantageous by its Subadviser and may incur expenses that would not be incurred in the sale of securities that were freely marketable. Certain securities that would otherwise be considered illiquid because of legal restrictions on resale to the general public may be traded among qualified institutional buyers under Rule 144A of the Securities Act of 1933. These Rule 144A securities, as well as commercial paper that is sold in private placements under Section 4(2) of the Securities Act, may be deemed liquid by the Fund’s Subadviser under the guidelines adopted by the Directors of the Fund. However, the liquidity of the Fund’s investments in Rule 144A securities could be impaired if trading does not develop or declines.

Foreign Currency Translation: The books and records of the Fund are maintained in U.S. dollars. Foreign currency amounts are translated into U.S. dollars on the following basis:

(i) market value of investment securities, other assets and liabilities-at the current rates of exchange.

(ii) purchases and sales of investment securities, income and expenses-at the rates of exchange prevailing on the respective dates of such transactions.

80

Although the net assets of the Fund are presented at the foreign exchange rates and market values at the close of the period, the Fund does not isolate that portion of the results of operations arising as a result of changes in the foreign exchange rates from the fluctuations arising from changes in the market prices of long-term portfolio securities held at the end of the period. Similarly, the Fund does not isolate the effect of changes in foreign exchange rates from the fluctuations arising from changes in the market prices of long-term portfolio securities sold during the period. Accordingly, these realized foreign currency gains or losses are included in the reported net realized gains or losses on investment transactions.

Net realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from holdings of foreign currencies, forward currency contracts, disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of interest, dividends and foreign withholding taxes recorded on the Fund’s books and the U.S. dollar equivalent amounts actually received or paid. Net unrealized currency gains or losses from valuing foreign currency denominated assets and liabilities (other than investments) at period end exchange rates are reflected as a component of net unrealized appreciation (depreciation) on foreign currencies.

Concentration of Risk: The ability of debt securities issuers (other than those issued or guaranteed by the U.S. Government) held by the Fund to meet its obligations may be affected by the economic or political developments in a specific industry, region or country. Foreign security and currency transactions may involve certain considerations and risks not typically associated with those of U.S. companies as a result of, among other factors, the possibility of political or economic instability or the level of governmental supervision and regulation of foreign securities markets.

Financial Futures Contracts: A financial futures contract is an agreement to purchase (long) or sell (short) an agreed amount of securities at a set price for delivery on a future date. Upon entering into a financial futures contract, the Fund is required to pledge to the broker an amount of cash and/or other assets equal to a certain percentage of the contract amount. This amount is known as the “initial margin.” Subsequent payments, known as “variation margin,” are made or received by the Fund each day, depending on the daily fluctuations in the value of the underlying security. Such variation margin is recorded for financial statement purposes on a daily basis as unrealized gain (loss). When the contract expires or is closed, the gain (loss) is realized and is presented in the Statement of Operations as net realized gain (loss) on futures transactions.

The Fund invested in financial futures contracts in order to hedge its existing portfolio securities, or securities the Fund intends to purchase, against fluctuations in value

Prudential Global Total Return Fund, Inc. 81

Notes to Financial Statements

(Unaudited) continued

caused by changes in prevailing interest rates or foreign currency exchange rates. Should interest rates move unexpectedly, the Fund may not achieve the anticipated benefits of the financial futures contracts and may realize a loss. The use of futures transactions involves the risk of imperfect correlation in movements in the price of futures contracts, interest rates and the underlying hedged assets. With exchange-traded futures contracts, there is minimal counterparty credit risk to the Fund since the exchanges’ clearing house acts as counterparty to all exchange-traded futures and guarantees the futures contracts against default.

Forward Currency Contracts: A forward currency contract is a commitment to purchase or sell a foreign currency at a future date at a negotiated forward rate between two parties. The Fund enters into forward currency contracts in order to hedge its exposure to changes in foreign currency exchange rates on its foreign portfolio holdings or specific receivables and payables denominated in a foreign currency. The contracts are valued daily at current exchange rates and any unrealized gain or loss is included in net unrealized appreciation or depreciation on foreign currencies. Gain or loss is realized on the settlement date of the contract equal to the difference between the settlement value of the original and negotiated forward contracts. This gain or loss, if any, is included in net realized gain (loss) on foreign currency transactions. Risks may arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of their contracts. Forward currency contracts involve risks from currency exchange rate and credit risk in excess of the amounts reflected on the Statement of Assets and Liabilities. The Fund’s maximum risk of loss from counterparty credit risk is the net value of the cash flows to be received from the counterparty at the end of the contract’s life.

Cross Currency Exchange Contracts: A cross currency contract is a forward contract where a specified amount of one foreign currency will be exchanged for a specified amount of another foreign currency.

Options: The Fund purchased and wrote options in order to hedge against adverse market movements or fluctuations in value caused by changes in prevailing interest rates or foreign currency exchange rates, with respect to securities which the Fund currently owns or intends to purchase. The Fund’s principal reason for writing options is to realize, through receipt of premiums, a greater current return than would be realized on the underlying security alone. When the Fund purchases an option, it pays a premium and an amount equal to that premium is recorded as an asset. When the Fund writes an option, it receives a premium and an amount equal to that

82

premium is recorded as a liability. The asset or liability is adjusted daily to reflect the current market value of the option. If an option expires unexercised, the Fund realizes a gain or loss to the extent of the premium received or paid. If an option is exercised, the premium received or paid is recorded as an adjustment to the proceeds from the sale or the cost of the purchase in determining whether the Fund has realized a gain or loss. The difference between the premium and the amount received or paid at the closing of a purchase or sale transaction is also treated as a realized gain or loss. Gain or loss on purchased options is included in net realized gain or loss on investment transactions. Gain or loss on written options is presented separately as net realized gain or loss on options written transactions. The Fund, as writer of an option, may have no control over whether the underlying securities may be sold (called) or purchased (put). As a result, the Fund bears the market risk of an unfavorable change in the price of the security underlying the written option. The Fund, as purchaser of an over-the-counter option, bears the risk of the potential inability of the counterparties to meet the terms of their contracts. With exchange-traded options contracts, there is minimal counterparty credit risk to the Fund since the exchanges’ clearinghouse acts as counterparty to all exchange-traded options and guarantees the options contracts against default.

Forward Rate Agreements: Forward rate agreements represent an agreement between counterparties to exchange cash flows based on the difference between two interest rates, applied to a notional principal amount on a fixed future date. The Fund entered into forward rate agreements to gain yield exposure based on anticipated market conditions at the specified termination date of the agreement.

Swap Agreements: The Fund entered into credit default, interest rate and other forms of swap agreements. A swap agreement is an agreement to exchange the return generated by one instrument for the return generated by another instrument. Swap agreements are negotiated in the over-the-counter market and may be executed either directly with counterparty (“OTC-traded”) or through a central clearing facility, such as a registered commodities exchange (“Exchange-traded”). Swap agreements are valued daily at current market value and any change in value is included in the net unrealized appreciation or depreciation on investments. Exchange-traded swaps pay or receive an amount known as “variation margin”, based on daily changes in the valuation of the swap contract. Payments received or paid by the Fund are recorded as realized gains or losses upon termination or maturity of the swap. Risk of loss may exceed amounts recognized on the Statements of Assets and Liabilities. Swap agreements outstanding at period end, if any, are listed on the Portfolio of Investments.

Credit Default Swaps: Credit default swaps (“CDS”) involve one party (the protection buyer) making a stream of payments to another party (the protection seller) in

Prudential Global Total Return Fund, Inc. 83

Notes to Financial Statements

(Unaudited) continued

exchange for the right to receive a specified payment in the event of a default or as a result of a default (collectively a “credit event”) for the referenced entity (typically corporate issues or sovereign issues of an emerging country) on its obligation; or in the event of a write-down, principal shortfall, interest shortfall or default of all or part of the referenced entities comprising a credit index.

The Fund is subject to credit risk in the normal course of pursuing its investment objectives. The Fund entered into CDS contracts 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. The Fund sold protection using credit default swaps to take an active short position with respect to the likelihood of a particular issuer’s default. The Fund’s maximum risk of loss from counterparty credit risk for purchased credit default swaps is the inability of the counterparty to honor the contract up to the notional value due to a credit event.

As a seller of protection on credit default swap agreements, the Fund generally receives an agreed upon payment from the buyer of protection throughout the term of the swap, provided no credit event occurs. As the seller, the Fund effectively increases its investment risk because, in addition to its total net assets, the Fund may be subject to investment exposure on the notional amount of the swap.

The maximum amount of the payment that the Fund, as a seller of protection, could be required to make under a credit default swap agreement would be equal to the notional amount of the underlying security or index contract as a result of a credit event. This potential amount will be partially offset by any recovery values of the respective referenced obligations, or net amounts received from the settlement of buy protection credit default swap agreements which the Fund entered into for the same referenced entity or index. As a buyer of protection, the Fund generally receives an amount up to the notional value of the swap if a credit event occurs.

Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues of an emerging country as of period end are disclosed in the footnotes to the Portfolio of

84

Investments, if applicable. These spreads serve as indicators of the current status of the payment/performance risk and represent the likelihood of default risk for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to enter into the agreement. For credit default swap agreements on asset-backed securities and credit indices, the quoted market prices and resulting values serve as indicators of the current status of the payment/performance risk. Wider credit spreads and increased market value in absolute terms, when compared to the notional amount of the swap, 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.

Interest Rate Swaps: Interest rate swaps represent an agreement between counterparties to exchange cash flows based on the difference between two interest rates, applied to a notional principal amount for a specified period. The Fund used interest rate swaps to maintain its ability to generate steady cash flow by receiving a stream of fixed-rate payments and to increase exposure to prevailing market rates by receiving floating rate payments. The Fund is subject to interest rate risk exposure in the normal course of pursuing its investment objectives.

Currency Swaps: The Fund entered into currency swap agreements primarily to gain yield exposure on foreign bonds. Currency swap agreements involve two parties exchanging two different currencies with an agreement to reverse the exchange at a later date at specified exchange rates.

Total Return Swaps: In a total return swap, one party would receive payments based on the market value of the security or the commodity involved, or total return of a specific referenced asset, such as an equity, index or bond, and in return pay a fixed amount. The Fund is subject to risk exposures associated with the referenced asset in the normal course of pursuing its investment objectives. The Fund entered into total return swaps to manage its exposure to a security or an index. The Fund’s maximum risk of loss from counterparty credit risk is the change in the value of the security, in the Fund’s favor, from the point of entering into the contract.

Inflation Swaps: The Fund may enter into inflation swap agreements to provide a measure of protection against the effect of inflation on yield. Inflation swap agreements involve two parties exchanging cash flows at a later date at rates related to inflation indices.

Master Netting Arrangements: The Fund is subject to various Master Agreements, or netting arrangements, with select counterparties. These are agreements which a

Prudential Global Total Return Fund, Inc. 85

Notes to Financial Statements

(Unaudited) continued

sub-adviser may have negotiated and entered into on behalf of the Fund. A master netting arrangement between the Fund and the counterparty permits the Fund to offset amounts payable by the Fund to the same counterparty against amounts to be received; and by the receipt of collateral from the counterparty by the Fund to cover the Fund’s exposure to the counterparty. However, there is no assurance that such mitigating factors are easily enforceable. The right to set-off exists when all the conditions are met such that each of the parties owes the other determinable amounts, the reporting party has the right to set-off the amount owed with the amount owed by the other party, the reporting party intends to set-off and the right of set-off is enforceable by law. During the reporting period, there were no instances where the right of set-off existed and management has not elected to offset.

The Fund is a party to ISDA (International Swaps and Derivatives Association, Inc.) Master Agreements with certain counterparties that govern over-the-counter derivative and foreign exchange contracts entered into from time to time. The Master Agreements may contain provisions regarding, among other things, the parties’ general obligations, representations, agreements, collateral requirements, events of default and early termination. With respect to certain counterparties, in accordance with the terms of the Master Agreements, collateral posted to the Fund is held in a segregated account by the Fund’s custodian and with respect to those amounts which can be sold or re-pledged, is presented in the Portfolio of Investments. Collateral pledged by the Fund is segregated by the Fund’s custodian and identified in the Portfolio of Investments. Collateral can be in the form of cash or debt securities issued by the U.S. Government or related agencies or other securities as agreed to by the Fund and the applicable counterparty. Collateral requirements are determined based on the Fund’s net position with each counterparty. Termination events applicable to the Fund may occur upon a decline in the Fund’s net assets below a specified threshold over a certain period of time. Termination events applicable to counterparties may occur upon a decline in the counterparty’s long-term and short term credit ratings below a specified level. In each case, upon occurrence, the other party may elect to terminate early and cause settlement of all derivative and foreign exchange contracts outstanding, including the payment of any losses and costs resulting from such early termination, as reasonably determined by the terminating party. Any decision by one or more of the Fund’s counterparties to elect early termination could impact the Fund’s future derivative activity.

In addition to each instrument’s primary underlying risk exposure (e.g. interest rate, credit, equity or foreign exchange, etc.), swap agreements involve, to varying degrees,

86

elements of credit, market and documentation risk. Such risks involve the possibility that no liquid market for these agreements will exist, the counterparty to the agreement may default on its obligation to perform or disagree on the contractual terms of the agreement, and changes in net interest rates will be unfavorable. In connection with these agreements, securities in the portfolio may be identified or received as collateral from the counterparty in accordance with the terms of the respective swap agreements to provide or receive assets of value and to serve as recourse in the event of default or bankruptcy/insolvency of either party. Such over-the-counter derivative agreements include conditions which, when materialized, give the counterparty the right to cause an early termination of the transactions under those agreements. Any election by the counterparty for early termination of the contract(s) may impact the amounts reported on financial statements.

As of April 30, 2015, the Fund has not met conditions under such agreements which give the counterparty the right to call for an early termination.

Forward currency contracts, forward rate agreements, written options, swaps and financial futures contracts involve elements of both market and credit risk in excess of the amounts reflected on the Statement of Assets and Liabilities. Such risks may be mitigated by engaging in master netting arrangements.

Securities Transactions and Net Investment Income: Securities transactions are recorded on the trade date. Realized gains or losses from investment and currency transactions are calculated on the identified cost basis. Dividend income is recorded on the ex-dividend date. Interest income, including amortization of premium and accretion of discount on debt securities, as required, is recorded on an accrual basis. Expenses are recorded on an accrual basis, which may require the use of certain estimates by management that may differ from actual.

Net investment income or loss (other than distribution fees which are charged directly to the respective class and transfer agency fees specific to Class Q shares which are charged to that share class) and unrealized and realized gains or losses are allocated daily to each class of shares based upon the relative proportion of adjusted net assets of each class at the beginning of the day.

Dividends and Distributions: The Fund declares dividends from net investment income daily and payment is made monthly. Distributions from net realized capital and currency gains, if any, are paid annually. Foreign currency losses may reduce the amount of dividends of net investment income. Dividends and distributions are determined in accordance with federal income tax regulations which may differ from generally accepted accounting principles. Permanent book/tax differences relating to income and gains are reclassified to paid-in capital when they arise.

Prudential Global Total Return Fund, Inc. 87

Notes to Financial Statements

(Unaudited) continued

Taxes: For federal income tax purposes, the Fund is treated as a separate taxpaying entity. It is the Fund’s policy to continue to meet the requirements of the Internal Revenue Code applicable to regulated investment companies and to distribute all of its taxable net income and capital gains, if any, to its shareholders. Therefore, no federal income tax provision is required. Withholding taxes on foreign interest are recorded, net of reclaimable amounts, at the time the related income is earned.

Estimates: The preparation of the financial statements requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from those estimates.

Note  2. Agreements

The Fund has a management agreement with PI. Pursuant to this agreement, PI has responsibility for all investment advisory services and supervises the subadviser’s performance of such services. PI has entered into a subadvisory agreement with Prudential Investment Management, Inc. (“PIM”). The subadvisory agreement provides that PIM will furnish investment advisory services in connection with the management of the Fund. In connection therewith, PIM is obligated to keep certain books and records of the Fund. PI pays for the services of PIM, the cost of compensation of officers of the Fund, occupancy and certain clerical and bookkeeping costs of the Fund. The Fund bears all other costs and expenses.

The management fee paid to PI is accrued daily and payable monthly at an annual rate of .65% of the Fund’s average daily net assets up to $1 billion and .60% of such assets in excess of $1 billion. The effective management fee rate before any waivers and/or expense reimbursement was .65% for the six months ended April 30, 2015. The effective management fee rate, net of waivers and/or expense reimbursement was .52%.

For the six months ended April 30, 2015, PI has contractually agreed through February 29, 2016 to limit net annual Fund operating expenses (exclusive of distribution and service (12b-1) fees, extraordinary and certain other expenses, including taxes, interest and brokerage commissions) of each class of shares to .81% of the Fund’s average daily net assets.

The Fund has a distribution agreement with Prudential Investment Management Services LLC (“PIMS”), which acts as the distributor of the Class A, Class B, Class C,

88

Class Q and Class Z shares of the Fund. The Fund compensates PIMS for distributing and servicing the Fund’s Class A, Class B and Class C shares, pursuant to plans of distribution (the “Class A, B and C Plans”), regardless of expenses actually incurred by PIMS. The distribution fees are accrued daily and payable monthly. No distribution or service fees are paid to PIMS as distributor of the Class Q and Class Z shares of the Fund. Pursuant to the Class A, B and C plans, the Fund compensates PIMS for distribution related activities at an annual rate of up to .30%, 1% and 1% of the average daily net assets of the Class A, B, and C shares, respectively. PIMS contractually agreed to limit such fees to .25% of the average daily net assets of the Class A shares through March 8, 2015. Effective March 9, 2015, the Class A contractual distribution and service (12b-1) fees were reduced from .30% to .25% of the average daily net assets and the .05% contractual 12b-1 fee was terminated.

PIMS has advised the Fund that it has received $70,780 in front-end sales charges resulting from sales of Class A shares during the six months ended April 30, 2015. From these fees, PIMS paid such sales charges to affiliated broker-dealers, which in turn paid commissions to salespersons and incurred other distribution costs.

PIMS has advised the Fund that for the six months ended April 30, 2015, it received $8,832 and $3,660 in contingent deferred sales charges imposed upon redemptions by certain Class B and Class C shareholders, respectively.

PI, PIM and PIMS are indirect, wholly-owned subsidiaries of Prudential Financial, Inc. (“Prudential”).

Note  3. Other Transactions with Affiliates

Prudential Mutual Fund Services LLC (“PMFS”), an affiliate of PI and an indirect, wholly-owned subsidiary of Prudential, serves as the Fund’s transfer agent. Transfer agent’s fees and expenses in the Statement of Operations include certain out-of-pocket expenses paid to non-affiliates, where applicable.

The Fund invests in the Prudential Core Taxable Money Market Fund (the “Core Fund”), a portfolio of the Prudential Investment Portfolios 2, registered under the 1940 Act and managed by PI. Earnings from the Core Fund are disclosed on the Statement of Operations as “Affiliated dividend income”.

Note  4. Portfolio Securities

Purchases and sales of portfolio securities, other than short-term investments and U.S. Government securities, for six months ended April 30, 2015, were $125,077,614 and $79,141,466, respectively.

Prudential Global Total Return Fund, Inc. 89

Notes to Financial Statements

(Unaudited) continued

Transactions in options written during the six months ended April 30, 2015, were as follows:

	Notional Amount (000)			Premiums Received
Options outstanding at October 31, 2014	$	287,800		$	820,730
Options written		414,350			1,211,044
Options terminated in closing purchase transactions		(112,000	)		(268,752	)
Options expired		(493,500	)		(943,638	)
Options outstanding at April 30, 2015	$	96,650		$	819,384

Note  5. Tax Information

The United States federal income tax basis of the Fund’s investments and the net unrealized appreciation as of April 30, 2015 were as follows:

Tax Basis	$	382,916,459
Appreciation		8,991,079
Depreciation		(19,335,810	)
Net Unrealized Appreciation	$	(10,344,731	)

The book basis may differ from tax basis due to certain tax related adjustments.

Under the Regulated Investment Company Modernization Act of 2010 (the “Act”), the Fund is permitted to carryforward capital losses realized on or after November 1, 2011 (“post-enactment losses”) for an unlimited period. Post-enactment losses are required to be utilized before the utilization of losses incurred prior to the effective date of the Act. As a result of this ordering rule, capital loss carryforwards related to taxable years ending before October 31, 2012 (“pre-enactment losses”) may have an increased likelihood to expire unused. The Fund utilized approximately $4,447,000 of its pre-enactment losses to offset net taxable gains realized in the fiscal year ended October 31, 2014. No capital gains distributions are expected to be paid to shareholders until net gains have been realized in excess of such losses. As of October 31, 2014, the pre and post-enactment losses were approximately:

Post-Enactment Losses:	$	0
Pre-Enactment Losses:
Expiring 2017	$	566,000

90

Management has analyzed the Fund’s tax positions taken on federal, state and local income tax returns for all open tax years and has concluded that no provision for income tax is required in the Fund’s financial statements for the current reporting period. The Fund’s federal, state and local income and federal excise tax returns for tax years for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.

Note  6. Capital

The Fund offers Class A, Class B, Class C, Class Q and Class Z shares. Class A shares are sold with a front-end sales charge of up to 4.50%. All investors who purchase Class A shares in an amount of $1 million or more and sell these shares within 12 months of purchase are subject to a contingent deferred sales charge (“CDSC”) of 1%, although the CDSC is waived for purchases by certain retirement and/or benefit plans. Class B shares are sold with a CDSC which declines from 5% to zero depending on the period of time the shares are held. Class B shares automatically convert to Class A shares on a quarterly basis approximately seven years after purchase. Class C shares are sold with a CDSC of 1% on shares redeemed within the first 12 months after purchase. A special exchange privilege is also available for shareholders who qualified to purchase Class A shares at net asset value. Class Q and Class Z shares are not subject to any sales or redemption charge and are offered exclusively for sale to a limited group of investors.

Under certain circumstances, an exchange may be made from specified share classes of the Fund to one or more other share classes of the Fund as presented in the table of transactions in shares of common stock.

There are 2 billion authorized shares of common stock at $.01 par value per share, designated Class A, Class B, Class C, Class Q and Class Z, each of which consists of 500 million, 200 million, 400 million, 400 million and 500 million authorized shares, respectively.

As of April 30, 2015, Prudential Financial, Inc. through its affiliates owned 1,649 Class Q shares of the Fund.

Prudential Global Total Return Fund, Inc. 91

Notes to Financial Statements

(Unaudited) continued

Transactions in shares of common stock were as follows:

Class A	Shares			Amount
Six months ended April 30, 2015:
Shares sold		3,601,016		$	24,293,876
Shares issued in reinvestment of dividends and distributions		408,397			2,747,556
Shares reacquired		(4,605,594	)		(30,881,973	)
Net increase (decrease) in shares outstanding before conversion		(596,181	)		(3,840,541	)
Shares issued upon conversion from Class B and Class Z		21,135			140,508
Shares reacquired upon conversion into Class Z		(170,608	)		(1,146,314	)
Net increase (decrease) in shares outstanding		(745,654	)	$	(4,846,347	)
Year ended October 31, 2014:
Shares sold		11,155,731		$	77,962,652
Shares issued in reinvestment of dividends and distributions		787,143			5,472,817
Shares reacquired		(6,552,275	)		(45,418,537	)
Net increase (decrease) in shares outstanding before conversion		5,390,599			38,016,932
Shares issued upon conversion from Class B and Class Z		52,872			369,296
Shares reacquired upon conversion into Class Z		(1,053,770	)		(7,445,065	)
Net increase (decrease) in shares outstanding		4,389,701		$	30,941,163
Class B
Six months ended April 30, 2015:
Shares sold		46,350		$	310,742
Shares issued in reinvestment of dividends and distributions		9,079			61,068
Shares reacquired		(153,092	)		(1,032,112	)
Net increase (decrease) in shares outstanding before conversion		(97,663	)		(660,302	)
Shares reacquired upon conversion into Class A		(14,409	)		(95,224	)
Net increase (decrease) in shares outstanding		(112,072	)	$	(755,526	)
Year ended October 31, 2014:
Shares sold		92,725		$	647,425
Shares issued in reinvestment of dividends and distributions		22,508			156,486
Shares reacquired		(150,848	)		(1,041,937	)
Net increase (decrease) in shares outstanding before conversion		(35,615	)		(238,026	)
Shares reacquired upon conversion into Class A		(36,151	)		(252,472	)
Net increase (decrease) in shares outstanding		(71,766	)	$	(490,498	)

92

Class C	Shares			Amount
Six months ended April 30, 2015:
Shares sold		917,362		$	6,178,441
Shares issued in reinvestment of dividends and distributions		57,899			388,629
Shares reacquired		(697,138	)		(4,656,768	)
Net increase (decrease) in shares outstanding before conversion		278,123			1,910,302
Shares reacquired upon conversion into Class Z		(125,860	)		(846,257	)
Net increase (decrease) in shares outstanding		152,263		$	1,064,045
Year ended October 31, 2014:
Shares sold		1,932,678		$	13,476,316
Shares issued in reinvestment of dividends and distributions		116,287			806,752
Shares reacquired		(1,401,255	)		(9,661,423	)
Net increase (decrease) in shares outstanding before conversion		647,710			4,621,645
Shares reacquired upon conversion into Class Z		(144,909	)		(1,005,929	)
Net increase (decrease) in shares outstanding		502,801		$	3,615,716
Class Q
Six months ended April 30, 2015:
Shares sold		3,347,414		$	22,917,355
Shares issued in reinvestment of dividends and distributions		36,895			249,228
Shares reacquired		(33,618	)		(227,616	)
Net increase (decrease) in shares outstanding		3,350,691		$	22,938,967
Year ended October 31, 2014:
Shares sold		250,048		$	1,751,333
Shares issued in reinvestment of dividends and distributions		1,901			13,448
Shares reacquired		(136,138	)		(946,346	)
Net increase (decrease) in shares outstanding		115,811		$	818,435
Class Z
Six months ended April 30, 2015:
Shares sold		9,379,897		$	63,454,084
Shares issued in reinvestment of dividends and distributions		305,434			2,059,663
Shares reacquired		(5,976,962	)		(40,251,000	)
Net increase (decrease) in shares outstanding before conversion		3,708,369			25,262,747
Shares issued upon conversion from Class A and Class C		295,092			1,992,571
Shares reacquired upon conversion into Class A		(6,726	)		(45,284	)
Net increase (decrease) in shares outstanding		3,996,735		$	27,210,034
Year ended October 31, 2014:
Shares sold		12,179,691		$	85,487,322
Shares issued in reinvestment of dividends and distributions		326,074			2,276,652
Shares reacquired		(4,535,355	)		(31,514,981	)
Net increase (decrease) in shares outstanding before conversion		7,970,410			56,248,993
Shares issued upon conversion from Class A and Class C		1,194,823			8,450,994
Shares reacquired upon conversion into Class A		(16,645	)		(116,824	)
Net increase (decrease) in shares outstanding		9,148,588		$	64,583,163

Prudential Global Total Return Fund, Inc. 93

Notes to Financial Statements

(Unaudited) continued

Note  7. Borrowings

The Fund, along with other affiliated registered investment companies (the “Funds”), is a party to a Syndicated Credit Agreement (“SCA”) with a group of banks. The purpose of the SCA is to provide an alternative source of temporary funding for capital share redemptions. The SCA provides for a commitment of $900 million for the period October 9, 2014 through October 8, 2015. The Funds pay an annualized commitment fee of .075% of the unused portion of the SCA. Prior to October 9, 2014, the Funds had another SCA that provided a commitment of $900 million and the Funds paid an annualized commitment fee of .08% of the unused portion of the SCA. Interest on any borrowings under the SCA is paid at contracted market rates. The commitment fee for the unused amount is accrued daily and paid quarterly.

The Fund utilized the SCA during the six months ended April 30, 2015. The average daily balance for the 14 days that the Fund had loans outstanding during the period was $770,900, borrowed at a weighted average interest rate of 1.43%. The maximum loan outstanding amount during the period was $2,546,000. At April 30, 2015, the Fund had a loan outstanding in the amount of $1,294,000.

Note  8. New Accounting Pronouncement

In May 2015, the FASB issued Accounting Standards Update (“ASU”) No. 2015-07 regarding “Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share”. The amendments in this update are effective for the Fund for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. ASU No. 2015-07 will eliminate the requirement to categorize investments in the fair value hierarchy if their fair value is measured at net asset value (“NAV”) per share (or its equivalent) using the practical expedient in the FASB’s fair value measurement guidance. At this time, management is evaluating the implications of ASU No. 2015-07 and its impact on the financial statement disclosures has not yet been determined.

94

Financial Highlights

(Unaudited)

Class A Shares
	Six Months Ended April 30,			Year Ended October 31,
	2015			2014			2013			2012			2011			2010
Per Share Operating Performance(a):
Net Asset Value, Beginning Of Period		$6.88			$6.92			$7.21			$6.99			$7.42			$7.20
Income (loss) from investment operations:
Net investment income		.08			.19			.21			.22			.23			.27
Net realized and unrealized gain (loss) on investment and foreign currency transactions		(.18	)		.06			(.21	)		.31			.05			.66
Total from investment operations		(.10	)		.25			-	(e)		.53			.28			.93
Less Dividends and Distributions:
Dividends from net investment income*		(.12	)		(.15	)		(.18	)		(.28	)		(.71	)		(.71	)
Tax return of capital distributions		-			(.14	)		(.11	)		(.03	)		-			-
Total dividends and distributions		(.12	)		(.29	)		(.29	)		(.31	)		(.71	)		(.71	)
Net asset value, end of period		$6.66			$6.88			$6.92			$7.21			$6.99			$7.42
Total Return(b):		(1.43)%			3.67%			.07%			7.86%			4.60%			14.25%
Ratios/Supplemental Data:
Net assets, end of period (000)		$179,477			$190,394			$161,099			$176,970			$154,056			$123,507
Average net assets (000)		$186,366			$163,155			$180,342			$162,268			$125,292			$112,110
Ratios to average net assets(c)(d):
Expenses after waivers and/or expense reimbursement		1.06%	(f)		1.25%			1.23%			1.31%			1.35%			1.35%
Expenses before waivers and/or expense reimbursement		1.23%	(f)		1.30%			1.28%			1.36%			1.44%			1.47%
Net investment income		2.50%	(f)		2.79%			2.99%			3.17%			3.28%			3.97%
Portfolio turnover rate		36%	(g)		65%			79%			97%			203%			117%

(a) Calculated based on average shares outstanding during the period.

(b) Total return does not consider the effects of sales loads. Total return is calculated assuming a purchase of a share on the first day and a sale on the last day of each period reported, and includes reinvestment of dividends and distributions. Total returns may reflect adjustments to conform to generally accepted accounting principles. Total returns for periods less than one full year are not annualized.

(c) Does not include expenses of the underlying portfolios in which the Fund invests.

(d) Effective March 9, 2015, the contractual distribution and service (12b-1) fees were reduced from .30% to .25% of the average daily net assets and the .05% contractual 12b-1 fee waiver was terminated.

(e) Less than $.005 per share.

(f) Annualized.

(g) Not annualized.

* Dividends from net investment income include other items that are ordinary income for tax purposes.

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 95

Financial Highlights

(Unaudited) continued

Class B Shares
	Six Months Ended April 30,			Year Ended October 31,
	2015			2014			2013			2012			2011			2010
Per Share Operating Performance(a):
Net Asset Value, Beginning Of Period		$6.88			$6.92			$7.21			$6.99			$7.41			$7.19
Income (loss) from investment operations:
Net investment income		.06			.14			.16			.17			.17			.22
Net realized and unrealized gain (loss) on investment and foreign currency transactions		(.18	)		.06			(.21	)		.30			.06			.66
Total from investment operations		(.12	)		.20			(.05	)		.47			.23			.88
Less Dividends and Distributions:
Dividends from net investment income*		(.10	)		(.10	)		(.13	)		(.22	)		(.65	)		(.66	)
Tax return of capital distributions		-			(.14	)		(.11	)		(.03	)		-			-
Total dividends and distributions		(.10	)		(.24	)		(.24	)		(.25	)		(.65	)		(.66	)
Net asset value, end of period		$6.66			$6.88			$6.92			$7.21			$6.99			$7.41
Total Return(b):		(1.78)%			2.90%			(.68)%			7.06%			3.86%			13.40%
Ratios/Supplemental Data:
Net assets, end of period (000)		$5,596			$6,548			$7,084			$6,748			$5,018			$3,312
Average net assets (000)		$5,943			$6,790			$7,299			$5,744			$3,465			$3,082
Ratios to average net assets(c):
Expenses after waivers and/or expense reimbursement		1.81%	(d)		2.00%			1.98%			2.06%			2.10%			2.10%
Expenses before waivers and/or expense reimbursement		1.94%	(d)		2.00%			1.98%			2.06%			2.14%			2.17%
Net investment income		1.77%	(d)		2.05%			2.25%			2.40%			2.52%			3.23%
Portfolio turnover rate		36%	(e)		65%			79%			97%			203%			117%

(a) Calculated based on average shares outstanding during the period.

(b) Total return does not consider the effects of sales loads. Total return is calculated assuming a purchase of a share on the first day and a sale on the last day of each period reported, and includes reinvestment of dividends and distributions. Total returns may reflect adjustments to conform to generally accepted accounting principles. Total returns for periods less than one full year are not annualized.

(c) Does not include expenses of the underlying portfolios in which the Fund invests.

(d) Annualized.

(e) Not annualized.

* Dividends from net investment income include other items that are ordinary income for tax purposes.

See Notes to Financial Statements.

96

Class C Shares
	Six Months Ended April 30,			Year Ended October 31,
	2015			2014			2013			2012			2011			2010
Per Share Operating Performance(a):
Net Asset Value, Beginning Of Period		$6.86			$6.90			$7.19			$6.97			$7.39			$7.17
Income (loss) from investment operations:
Net investment income		.06			.14			.16			.17			.17			.23
Net realized and unrealized gain (loss) on investment and foreign currency transactions		(.17	)		.06			(.21	)		.31			.07			.67
Total from investment operations		(.11	)		.20			(.05	)		.48			.24			.90
Less Dividends and Distributions:
Dividends from net investment income*		(.10	)		(.10	)		(.13	)		(.23	)		(.66	)		(.68	)
Tax return of capital distributions		-			(.14	)		(.11	)		(.03	)		-			-
Total dividends and distributions		(.10	)		(.24	)		(.24	)		(.26	)		(.66	)		(.68	)
Net asset value, end of period		$6.65			$6.86			$6.90			$7.19			$6.97			$7.39
Total Return(b):		(1.65	)%		2.90%			(.68	)%		7.08%			4.00%			13.75%
Ratios/Supplemental Data:
Net assets, end of period (000)		$34,626			$34,691			$31,424			$33,988			$19,408			$6,180
Average net assets (000)		$35,161			$30,378			$36,071			$27,739			$10,010			$4,563
Ratios to average net assets(c):
Expenses after waivers and/or expense reimbursement		1.81%	(d)		2.00%			1.98%			2.06%			2.05%			1.85%
Expenses before waivers and/or expense reimbursement		1.94%	(d)		2.00%			1.98%			2.06%			2.14%			2.17%
Net investment income		1.76%	(d)		2.05%			2.24%			2.39%			2.56%			3.45%
Portfolio turnover rate		36%	(e)		65%			79%			97%			203%			117%

(a) Calculated based on average shares outstanding during the year.

(b) Total return does not consider the effects of sales loads. Total return is calculated assuming a purchase of a share on the first day and a sale on the last day of each year reported, and includes reinvestment of dividends and distributions. Total returns may reflect adjustments to conform to generally accepted accounting principles. Total returns for periods less than one full year are not annualized.

(c) Does not include expenses of the underlying portfolios in which the Fund invests.

(d) Annualized.

(e) Not annualized.

* Dividends from net investment income include other items that are ordinary income for tax purposes.

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 97

Financial Highlights

(Unaudited) continued

Class Q Shares
	Six Months Ended April 30,			Year Ended October 31,						February 3, 2012(d) through October 31,
	2015			2014			2013			2012
Per Share Operating Performance(a):
Net Asset Value, Beginning Of Period		$6.97			$6.94			$7.23			$6.97
Income (loss) from investment operations:
Net investment income		.08			.23			.24			.18
Net realized and unrealized gain (loss) on investment and foreign currency transactions		(.18	)		.12			(.21	)		.28
Total from investment operations		(.10	)		.35			.03			.46
Less Dividends and Distributions:
Dividends from net investment income		(.13	)		(.18	)		(.21	)		(.19	)
Tax return of capital distributions		-			(.14	)		(.11	)		(.01	)
Total dividends and distributions		(.13	)		(.32	)		(.32	)		(.20	)
Net asset value, end of period		$6.74			$6.97			$6.94			$7.23
Total Return(b):		(1.43	)%		5.09%			.46%			6.81%
Ratios/Supplemental Data:
Net assets, end of period (000)		$23,440			$869			$62			$11
Average net assets (000)		$13,563			$295			$13			$10
Ratios to average net assets(c):
Expenses after waivers and/or expense reimbursement		.80%	(e)		.87%			.85%			.92%	(e)
Expenses before waivers and/or expense reimbursement		.80%	(e)		.87%			.85%			.92%	(e)
Net investment income		2.50%	(e)		3.24%			3.48%			3.42%	(e)
Portfolio turnover rate		36%	(f)		65%			79%			97%	(f)

(a) Calculated based on average shares outstanding during the period.

(b) Total return is calculated assuming a purchase of a share on the first day and a sale on the last day of each period reported, and includes reinvestment of dividends and distributions. Total returns may reflect adjustments to conform to generally accepted accounting principles. Total returns for periods less than one full year are not annualized.

(c) Does not include expenses of the underlying portfolios in which the Fund invests.

(d) Commencement of offering.

(e) Annualized.

(f) Not annualized.

See Notes to Financial Statements.

98

Class Z Shares
	Six Months Ended April 30,			Year Ended October 31,
	2015			2014			2013			2012			2011			2010
Per Share Operating Performance(a):
Net Asset Value, Beginning Of Period		$6.90			$6.94			$7.23			$7.01			$7.44			$7.22
Income (loss) from investment operations:
Net investment income		.09			.21			.22			.23			.22			.28
Net realized and unrealized gain (loss) on investment and foreign currency transactions		(.17	)		.06			(.20	)		.31			.08			.67
Total from investment operations		(.08	)		.27			.02			.54			.30			.95
Less Dividends and Distributions:
Dividends from net investment income*		(.13	)		(.17	)		(.20	)		(.29	)		(.73	)		(.73	)
Tax return of capital distributions		-			(.14	)		(.11	)		(.03	)		-			-
Total dividends and distributions		(.13	)		(.31	)		(.31	)		(.32	)		(.73	)		(.73	)
Net asset value, end of period		$6.69			$6.90			$6.94			$7.23			$7.01			$7.44
Total Return(b):		(1.17	)%		3.92%			.31%			8.10%			4.87%			14.49%
Ratios/Supplemental Data:
Net assets, end of period (000)		$142,720			$119,628			$56,817			$83,077			$42,330			$4,978
Average net assets (000)		$134,846			$71,247			$81,390			$58,999			$12,813			$3,507
Ratios to average net assets(c):
Expenses after waivers and/or expense reimbursement		.81	(d)		1.00%			.98%			1.06%			1.10%			1.10%
Expenses before waivers and/or expense reimbursement		.94	(d)		1.00%			.98%			1.06%			1.14%			1.17%
Net investment income		2.72%	(d)		3.00%			3.18%			3.37%			3.50%			4.25%
Portfolio turnover rate		36%	(e)		65%			79%			97%			203%			117%

(a) Calculated based on average shares outstanding during the period.

(b) Total return is calculated assuming a purchase of a share on the first day and a sale on the last day of each period reported, and includes reinvestment of dividends and distributions. Total returns may reflect adjustments to conform to generally accepted accounting principles. Total returns for periods less than one full year are not annualized.

(c) Does not include expenses of the underlying portfolios in which the Fund invests.

(d) Annualized.

(e) Not annualized.

* Dividends from net investment income include other items that are ordinary income for tax purposes.

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 99

Results of Proxy Voting

(Unaudited)

At a special meeting of shareholders held on November 26, 2014, shareholders of the Fund approved the following proposal.

Proposal: To elect twelve Trustees:

	SHARES VOTED		% VOTED			% OF T/O
Ellen S. Alberding
FOR		37,801,483.968		98.485	%		82.711	%
WITHHELD		581,586.998		1.515	%		1.272	%
Kevin J. Bannon
FOR		37,870,546.167		98.665	%		82.862	%
WITHHELD		512,524.799		1.335	%		1.121	%
Linda W. Bynoe
FOR		37,801,474.673		98.485	%		82.711	%
WITHHELD		581,596.293		1.515	%		1.272	%
Keith F. Hartstein
FOR		37,868,238.486		98.659	%		82.857	%
WITHHELD		514,832.480		1.341	%		1.126	%
Michael S. Hyland
FOR		37,789,610.165		98.454	%		82.685	%
WITHHELD		593,460.801		1.546	%		1.298	%
Stephen P. Munn
FOR		37,795,725.853		98.470	%		82.698	%
WITHHELD		587,345.113		1.530	%		1.285	%
James E. Quinn
FOR		37,844,367.808		98.597	%		82.805	%
WITHHELD		538,703.158		1.403	%		1.178	%
Richard A. Redeker
FOR		37,794,511.665		98.467	%		82.696	%
WITHHELD		588,559.301		1.533	%		1.287	%
Stephen G. Stoneburn
FOR		37,757,689.304		98.371	%		82.615	%
WITHHELD		625,381.662		1.629	%		1.368	%
Grace C. Torres
FOR		37,820,917.707		98.536	%		82.753	%
WITHHELD		562,153.259		1.464	%		1.230	%
Stuart S. Parker
FOR		37,845,166.189		98.599	%		82.807	%
WITHHELD		537,904.777		1.401	%		1.176	%
Scott E. Benjamin
FOR		37,849,913.800		98.611	%		82.817	%
WITHHELD		533,157.166		1.389	%		1.166	%

100

The special meeting of shareholders of the Fund held on November 26, 2014, was adjourned to December 3, 2014, and further adjourned to December 10, 2014, and January 9, 2015 to permit further solicitation of proxies on the proposals noted below.

An abstention or a broker non-vote is considered present for purposes of determining a quorum but has the effect of a vote against such matters. At the special meeting of shareholders held on January 9, 2015, insufficient votes were obtained to approve the following proposals:

Proposal: To permit Prudential Investments LLC (PI) to enter into or make material changes to the Fund’s subadvisory agreements with subadvisers that are wholly-owned subsidiaries of PI or a sister company of PI (wholly-owned subadvisers) without shareholder approval.

	SHARES VOTED		% OF VOTED			% OF TOTAL
FOR		9,268,069.316		24.131	%		20.279	%
AGAINST		579,603.398		1.509	%		1.268	%
ABSTAIN		391,585.892		1.019	%		0.857	%
BROKER NON-VOTE		28,169,281.786		73.341	%		61.635	%
TOTAL		38,408,540.392		100.000	%		84.039	%

Proposal: To designate the Fund’s investment objective as a non-fundamental policy of the Fund, meaning that the Fund’s investment objective could be changed with the approval of the Fund’s Board of Directors, but without shareholder approval.

	SHARES VOTED		% OF VOTED			% OF TOTAL
FOR		5,944,237.786		15.477	%		13.006	%
AGAINST		3,782,098.089		9.847	%		8.275	%
ABSTAIN		512,922.481		1.335	%		1.122	%
BROKER NON-VOTE		28,169,282.036		73.341	%		61.636	%
TOTAL		38,408,540.392		100.000	%		84.039	%

Prudential Global Total Return Fund, Inc. 101

Approval of Advisory Agreement

Approval of New Sub-Subadvisory Agreement

As required by the Investment Company Act of 1940, as amended (the 1940 Act), at an in-person meeting of the Board of Trustees (the Board) held on March 3-5, 2015, the Board, including a majority of the Independent Trustees, considered and approved a proposed sub-subadvisory agreement (the “Sub-Subadvisory Agreement”) between Prudential Investment Management, Inc. (PIM or the Subadviser) and Pramerica Investment Management Limited (PIML or the Sub-Subadviser), under which PIM may delegate subadvisory authority to PIML such that PIML may execute trades directly on behalf of the Fund. The Board noted that counsel to the Fund had issued an opinion that the delegation of subadvisory services by PIM to PIML with respect to the Fund would not constitute an assignment of the current subadvisory agreement between Prudential Investments LLC (the Manager) and PIM with respect to the Fund or a material amendment of the agreement, so that PIM and PIML could enter into the Sub-Subadvisory Agreement with respect to the Fund with Board approval but without shareholder approval being required under the 1940 Act.

In approving the Sub-Subadvisory Agreement, the Board, including the Independent Trustees advised by independent legal counsel, considered the factors it deemed relevant, including the nature, quality and extent of services to be provided to the Fund by the Sub-Subadviser; any relevant comparable performance information; the fees, if any, proposed to be paid by PIM to the Sub-Subadviser under the Sub-Subadvisory Agreement and the potential for economies of scale that may be shared with the Fund and its shareholders. In connection with its deliberations, the Board considered information provided by the Manager, the Subadviser and the Sub-Subadviser at or in advance of the meetings on March 3-5, 2015. In their deliberations, the Trustees did not identify any single factor which alone was responsible for the Board’s decision to approve the Sub-Subadvisory Agreement with respect to the Fund.

The Trustees determined that the overall arrangements between the Manager, the Subadviser and the Sub-Subadviser, which will serve as a sub-subadviser to the Fund pursuant to the terms of the Sub-Subadvisory Agreement, are in the best interests of the Fund and its shareholders in light of the services to be performed, the fees to be charged, if any, under the Sub-Subadvisory Agreement and such other matters as the Trustees considered relevant in the exercise of their business judgment.

The material factors and conclusions that formed the basis for the Trustees’ reaching their determinations to approve the Sub-Subadvisory Agreement with respect to the Fund are separately discussed below.

Prudential Global Total Return Fund, Inc.

Approval of Advisory Agreement (continued)

Nature, Quality and Extent of Services

The Board noted that it had received and considered information regarding the nature and extent of services currently provided to the Fund by PIM under the current subadvisory agreement at the meetings on June 9-11, 2014. The Board also noted that PIM proposed to formally delegate trading and limited management authority for the Fund to PIML so that PIML will be authorized to act on behalf of the Fund and conduct real-time trading in either the United States or the United Kingdom, where PIML is organized. The Board noted the Manager’s statement that the existing arrangements, which require all trades on behalf of the Fund to be routed through PIM personnel in the US, create delays that potentially disadvantage the Fund and its shareholders.

With respect to the quality of services, the Board considered, among other things, the background and experience of the PIML management team and compliance personnel. The Board met with representatives from PIM and PIML and reviewed the qualifications, backgrounds and responsibilities of the personnel who would be authorized to act on behalf of the Funds. The Board was also provided with information pertaining to the organizational structure, senior management, investment operations, and other relevant information pertaining to PIML. The Board noted that it received a favorable compliance report from the Fund’s Chief Compliance Officer (CCO) as to PIML.

The Board concluded that it was satisfied with the nature, extent and quality of the investment sub-subadvisory services anticipated to be provided to the Fund by PIML and that there was a reasonable basis on which to conclude that the Fund would benefit from the additional subadvisory services to be provided by PIML under the new Sub-Subadvisory Agreement. The Board noted the Manager’s statement that no member of the PIML portfolio management team would serve as a portfolio manager of the Fund.

Performance of the Fund

The Board noted that performance of other accounts managed by PIML was not a relevant factor for its consideration since PIML would not be responsible for managing Fund assets under the Sub-Subadvisory Agreement. The Board noted the Manager’s statements that PIML’s role would be limited to trading on behalf of the Fund and that PIM portfolio managers will oversee all transactions executed by PIML.

Investment Subadvisory Fee Rates

The Board noted that under the Sub-Subadvisory Agreement PIML will be paid a subadvisory fee, if any, by PIM, not the Fund or the Manager. The Board noted the

Visit our website at www.prudentialfunds.com

Manager’s statement that the fees and expenses of the Fund and the fees paid by the Manager to PIM will not increase as a result of the Sub-Subadvisory Agreement.

Sub-Subadviser’s Profitability

The Board noted that any fee to be paid to PIML for sub-subadvisory services would be paid by PIM, not the Manager or the Fund. The Board further noted that PIML is affiliated with PIM and the Manager and, a result, the Board will not separately consider PIML’s profitability since PIML’s profitability will be reflected in the Manager’s profitability report.

Economies of Scale

The Board noted that any fee to be paid to PIML for sub-subadvisory services would be paid by PIM, not the Manager or the Fund. The Board noted that it would review economies of scale in connection with future annual reviews of advisory agreements.

Other Benefits to the Sub-Subadviser or its Affiliates from Serving as Sub-Subadviser

The Board considered potential “fall-out” or ancillary benefits that might be received by PIML and its affiliates as a result of their relationships with the Fund. The Board concluded that any potential benefits to be derived by PIML, which included potential access to additional research resources and benefits to its reputation, were consistent with the types of benefits generally derived by subadvisers to mutual funds.

*    *    *

After full consideration of these factors, the Board concluded that the approval of the Sub-Subadvisory Agreement was in the best interests of the Fund and its shareholders.

Prudential Global Total Return Fund, Inc.

n    MAIL	n    TELEPHONE	n    WEBSITE
Gateway Center Three 100 Mulberry Street Newark, NJ 07102	(800) 225-1852	www.prudentialfunds.com

PROXY VOTING

The Board of Directors of the Fund has delegated to the Fund’s investment subadviser the responsibility for voting any proxies and maintaining proxy recordkeeping with respect to the Fund. A description of these proxy voting policies and procedures is available without charge, upon request, by calling (800) 225-1852 or by visiting the Securities and Exchange Commission’s website at www.sec.gov. Information regarding how the Fund voted proxies relating to portfolio securities during the most recent 12-month period ended June 30 is available on the Fund’s website and on the Securities and Exchange Commission’s website.

DIRECTORS

Ellen S. Alberding • Kevin J. Bannon • Scott E. Benjamin • Linda W. Bynoe • Keith F. Hartstein • Michael S. Hyland • Stephen P. Munn • Stuart S. Parker • James E. Quinn • Richard A. Redeker • Stephen G. Stoneburn • Grace C. Torres

OFFICERS

Stuart S. Parker, President • Scott E. Benjamin, Vice President • M. Sadiq Peshimam, Treasurer and Principal Financial and Accounting Officer • Raymond A. O’Hara, Chief Legal Officer • Deborah A. Docs, Secretary • Chad A. Earnst, Chief Compliance Officer • Theresa C. Thompson, Deputy Chief Compliance Officer • Richard W. Kinville, Anti-Money Laundering Compliance Officer • Jonathan D. Shain, Assistant Secretary • Claudia DiGiacomo, Assistant Secretary • Amanda S. Ryan, Assistant Secretary • Andrew R. French, Assistant Secretary • Peter Parrella, Assistant Treasurer • Lana Lomuti, Assistant Treasurer • Linda McMullin, Assistant Treasurer • Kelly A. Coyne, Assistant Treasurer

MANAGER	Prudential Investments LLC	Gateway Center Three 100 Mulberry Street Newark, NJ 07102
INVESTMENT SUBADVISER	Prudential Investment Management, Inc.	Gateway Center Two 100 Mulberry Street Newark, NJ 07102
DISTRIBUTOR	Prudential Investment Management Services LLC	Gateway Center Three 100 Mulberry Street Newark, NJ 07102
CUSTODIAN	The Bank of New York Mellon	One Wall Street New York, NY 10286
TRANSFER AGENT	Prudential Mutual Fund Services LLC	PO Box 9658 Providence, RI 02940
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	KPMG LLP	345 Park Avenue New York, NY 10154
FUND COUNSEL	Willkie Farr & Gallagher LLP	787 Seventh Avenue New York, NY 10019

An investor should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. The prospectus and summary prospectus contain this and other information about the Fund. An investor may obtain a prospectus and summary prospectus by visiting our website at www.prudentialfunds.com or by calling (800) 225-1852. The prospectus and summary prospectus should be read carefully before investing.

E-DELIVERY

To receive your mutual fund documents online, go to www.prudentialfunds.com/edelivery and enroll. Instead of receiving printed documents by mail, you will receive notification via email when new materials are available. You can cancel your enrollment or change your email address at any time by visiting the website address above.

SHAREHOLDER COMMUNICATIONS WITH DIRECTORS

Shareholders can communicate directly with the Board of Directors by writing to the Chair of the Board, Prudential Global Total Return Fund, Inc., Prudential Investments, Attn: Board of Directors, 100 Mulberry Street, Gateway Center Three, Newark, NJ 07102. Shareholders can communicate directly with an individual Director by writing to the same address. Communications are not screened before being delivered to the addressee.

AVAILABILITY OF PORTFOLIO SCHEDULE

The Fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms N-Q are available on the Commission’s website at www.sec.gov. The Fund’s Forms N-Q may also be reviewed and copied at the Commission’s Public Reference Room in Washington, D.C. Information on the operation and location of the Public Reference Room may be obtained by calling 1-800-SEC-0330. The Fund’s schedule of portfolio holdings is also available on the Fund’s website as of the end of each month.

Mutual Funds:

ARE NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY MAY LOSE VALUE ARE NOT A DEPOSIT OF OR GUARANTEED BY ANY BANK OR ANY BANK AFFILIATE

PRUDENTIAL GLOBAL TOTAL RETURN FUND, INC.

SHARE CLASS	A	B	C	Q	Z
NASDAQ	GTRAX	PBTRX	PCTRX	PGTQX	PZTRX
CUSIP	74439A103	74439A202	74439A301	74439A509	74439A400

MF169E2    0278748-00001-00

Item 2 –	Code of Ethics – Not required, as this is not an annual filing.
Item 3 –	Audit Committee Financial Expert – Not required, as this is not an annual filing.
Item 4 –	Principal Accountant Fees and Services – Not required, as this is not an annual filing.
Item 5 –	Audit Committee of Listed Registrants – Not applicable.
Item 6 –	Schedule of Investments – The schedule is included as part of the report to shareholders filed under Item 1 of this Form.
Item 7 –	Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies – Not applicable.
Item 8 –	Portfolio Managers of Closed-End Management Investment Companies – Not applicable.
Item 9 –	Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers – Not applicable.
Item 10 –	Submission of Matters to a Vote of Security Holders – Not applicable.
Item 11 –	Controls and Procedures
(a)	It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.
(b)	There has been no significant change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter of the period covered by this report that has materially affected, or is likely to materially affect, the registrant’s internal control over financial reporting.
Item 12 –	Exhibits
(a)	(1)    Code of Ethics – Not required, as this is not an annual filing.
	(2)    Certifications pursuant to Section 302 of the Sarbanes-Oxley Act – Attached hereto as Exhibit EX-99.CERT.
	(3)    Any written solicitation to purchase securities under Rule 23c-1. – Not applicable.
(b)	Certifications pursuant to Section 906 of the Sarbanes-Oxley Act – Attached hereto as Exhibit EX-99.906CERT.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant:	Prudential Global Total Return Fund, Inc.
By:	/s/ Deborah A. Docs
	Deborah A. Docs
	Secretary
Date:	June 18, 2015

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/ Stuart S. Parker
	Stuart S. Parker
	President and Principal Executive Officer
Date:	June 18, 2015
By:	/s/ M. Sadiq Peshimam
	M. Sadiq Peshimam
	Treasurer and Principal Financial and Accounting Officer
Date:	June 18, 2015

EX-99.CERT

Item 12

Prudential Global Total Return Fund, Inc.

Semi-Annual period ending 4/30/15

File No. 811-04661

CERTIFICATIONS

I, Stuart S. Parker, certify that:

1. I have reviewed this report on Form N-CSR of the above named Fund;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report.

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, 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;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and;

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officers and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal controls which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

June 18, 2015

/s/ Stuart S. Parker

Stuart S. Parker

President and Principal Executive Officer

Item 12

Prudential Global Total Return Fund, Inc.

Semi-Annual period ending 4/30/15

File No. 811-04661

CERTIFICATIONS

I, M. Sadiq Peshimam, certify that:

1. I have reviewed this report on Form N-CSR of the above named Fund;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report.

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, 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;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and;

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officers and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal controls which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

June 18, 2015

/s/ M. Sadiq Peshimam

M. Sadiq Peshimam

Treasurer and Principal Financial and Accounting Officer

EX-99.906CERT

Certification Pursuant to 18 U.S.C. Section 1350

As Adopted Pursuant to

Section 906 of the Sarbanes-Oxley Act of 2002

Name of Issuer: Prudential Global Total Return Fund, Inc.

In connection with the Report on Form N-CSR of the above-named issuer that is accompanied by this certification, the undersigned hereby certifies, to his or her knowledge, that:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Issuer.

June 18, 2015	/s/ Stuart S. Parker
	Stuart S. Parker
	President and Principal Executive Officer
June 18, 2015	/s/ M. Sadiq Peshimam
	M. Sadiq Peshimam
	Treasurer and Principal Financial and Accounting Officer