PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Long-Term Investments 97.8%
Corporate Bonds 85.6%
Advertising 0.6%
Clear Channel Outdoor Holdings, Inc.,          
Gtd. Notes, 144A 7.500 % 06/01/29   600  $601,563
Gtd. Notes, 144A 7.750 04/15/28   150 150,512
Sr. Sec’d. Notes, 144A 7.125 02/15/31   50 52,040
Sr. Sec’d. Notes, 144A 7.500 03/15/33   180 189,035
Neptune Bidco US, Inc.,          
Sr. Sec’d. Notes, 144A 9.290 04/15/29   1,360 1,375,070
Sr. Sec’d. Notes, 144A 9.500 02/15/33   340 340,526
          2,708,746
Aerospace & Defense 1.2%
ATI, Inc.,
Sr. Unsec’d. Notes
7.250 08/15/30   165 171,917
Bombardier, Inc. (Canada),          
Sr. Unsec’d. Notes, 144A 6.750 06/15/33   585 610,641
Sr. Unsec’d. Notes, 144A 7.000 06/01/32   215 224,428
Sr. Unsec’d. Notes, 144A 7.250 07/01/31   355 372,828
Sr. Unsec’d. Notes, 144A 7.450 05/01/34   400 440,444
Sr. Unsec’d. Notes, 144A 7.500 02/01/29   420 436,073
Sr. Unsec’d. Notes, 144A 8.750 11/15/30   540 573,075
TransDigm, Inc.,          
Gtd. Notes 4.625 01/15/29   225 221,607
Gtd. Notes, 144A 6.125 07/31/34   175 175,215
Gtd. Notes, 144A 6.375 05/31/33   975 983,476
Sr. Sec’d. Notes, 144A 6.000 01/15/33   230 232,315
Sr. Sec’d. Notes, 144A 6.375 03/01/29   580 592,338
Sr. Sec’d. Notes, 144A 6.625 03/01/32   225 231,292
Sr. Sec’d. Notes, 144A 6.750 08/15/28   235 238,278
          5,503,927
Airlines 1.4%
American Airlines, Inc.,
Sr. Sec’d. Notes, 144A
7.250 02/15/28   385 390,172
American Airlines, Inc./AAdvantage Loyalty IP Ltd.,
Sr. Sec’d. Notes, 144A
5.750 04/20/29   1,425 1,426,140
United Airlines Holdings, Inc.,          
Gtd. Notes 4.875 03/01/29   665 656,727
Gtd. Notes 5.375 03/01/31   415 409,226
     
 
United Airlines, Inc.,
Sr. Sec’d. Notes, 144A
4.625 04/15/29   630 621,566
VistaJet Malta Finance PLC/Vista Management Holding, Inc. (Switzerland),          
Sr. Unsec’d. Notes, 144A 6.375 02/01/30   525 492,345
Sr. Unsec’d. Notes, 144A 7.875 05/01/27   865 865,173
Sr. Unsec’d. Notes, 144A 8.750 01/15/32   525 508,106
Sr. Unsec’d. Notes, 144A 9.500 06/01/28   945 954,554
          6,324,009
Apparel 0.5%
Kontoor Brands, Inc.,
Gtd. Notes, 144A
4.125 11/15/29   500 476,296
Wolverine World Wide, Inc.,
Gtd. Notes, 144A
4.000 08/15/29   1,725 1,611,876
          2,088,172
1
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Auto Manufacturers 1.3%
Ford Motor Co.,          
Sr. Unsec’d. Notes 3.250 % 02/12/32   538  $472,026
Sr. Unsec’d. Notes 4.750 01/15/43   225 173,250
Sr. Unsec’d. Notes 7.400 11/01/46   100 102,936
Ford Motor Credit Co. LLC,          
Sr. Unsec’d. Notes 2.700 08/10/26   400 397,836
Sr. Unsec’d. Notes 5.800 03/08/29   225 227,845
     
 
JB Poindexter & Co., Inc.,
Sr. Unsec’d. Notes, 144A
8.750 12/15/31   365 378,655
New Flyer Holdings, Inc. (Canada),
Sec’d. Notes, 144A
9.250 07/01/30   310 334,577
Nissan Motor Acceptance Co. LLC,          
Sr. Unsec’d. Notes, 144A, MTN 5.625 09/29/28   515 511,504
Sr. Unsec’d. Notes, 144A, MTN 6.125 09/30/30   730 719,127
Nissan Motor Co. Ltd. (Japan),          
Sr. Unsec’d. Notes, 144A 4.345 09/17/27   200 197,500
Sr. Unsec’d. Notes, 144A 7.500 07/17/30   990 1,022,175
Sr. Unsec’d. Notes, 144A 7.750 07/17/32   715 744,537
     
 
PM General Purchaser LLC,
Sr. Sec’d. Notes, 144A
9.500 10/01/28   965 897,159
          6,179,127
Auto Parts & Equipment 1.3%
Adient Global Holdings Ltd.,
Sr. Sec’d. Notes, 144A
7.000 04/15/28   450 457,654
American Axle & Manufacturing, Inc.,          
Gtd. Notes, 144A 7.750 10/15/33   525 513,430
Sr. Sec’d. Notes, 144A 6.375 10/15/32   360 359,330
Clarios Global LP/Clarios US Finance Co.,          
Gtd. Notes, 144A 6.750 09/15/32   540 552,150
Sr. Sec’d. Notes, 144A 6.750 02/15/30   235 242,278
Cyprium Corp./Cyprium Holdings Luxembourg Sarl,          
Gtd. Notes, 144A 6.125 04/15/31   350 353,500
Gtd. Notes, 144A 6.375 04/15/34   480 479,400
     
 
Garrett Motion Holdings, Inc./Garrett LX I Sarl,
Gtd. Notes, 144A
7.750 05/31/32   435 453,921
Phinia, Inc.,          
Gtd. Notes, 144A 6.625 10/15/32   25 25,689
Sr. Sec’d. Notes, 144A 6.750 04/15/29   390 399,875
Qnity Electronics, Inc.,          
Gtd. Notes, 144A 6.250 08/15/33   90 92,040
Sr. Sec’d. Notes, 144A 5.750 08/15/32   150 151,602
     
 
Tenneco, Inc.,
Sr. Sec’d. Notes, 144A
8.000 11/17/28   1,075 1,087,032
Titan International, Inc.,
Sr. Sec’d. Notes
7.000 04/30/28   580 579,701
ZF North America Capital, Inc. (Germany),
Gtd. Notes, 144A
7.500 03/24/31   265 265,233
          6,012,835
Banks 0.8%
Bank of America Corp.,          
Jr. Sub. Notes 6.250(ff) 07/26/30(oo)   485 489,824
Jr. Sub. Notes 6.625(ff) 05/01/30(oo)   75 77,285
Citigroup, Inc.,          
Jr. Sub. Notes 6.625(ff) 02/15/31(oo)   45 45,502
Jr. Sub. Notes, Series EE 6.750(ff) 02/15/30(oo)   260 262,071
2

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Banks (cont’d.)
Citigroup, Inc., (cont’d.)          
Jr. Sub. Notes, Series FF 6.950 %(ff) 02/15/30(oo)   165  $167,783
Jr. Sub. Notes, Series GG 6.875(ff) 08/15/30(oo)   277 281,432
Freedom Mortgage Corp.,          
Sr. Unsec’d. Notes, 144A 6.625 01/15/27   850 850,140
Sr. Unsec’d. Notes, 144A 12.250 10/01/30   250 271,254
     
 
Goldman Sachs Group, Inc. (The),
Jr. Sub. Notes, Series Z
6.850(ff) 02/10/30(oo)   290 298,448
Intesa Sanpaolo SpA (Italy),
Sub. Notes, 144A
4.198(ff) 06/01/32   325 306,780
JPMorgan Chase & Co.,
Jr. Sub. Notes
6.100(ff) 07/01/31(oo)   270 270,000
Wells Fargo & Co.,
Jr. Sub. Notes, Series GG
6.125(ff) 06/15/31(oo)   500 501,555
          3,822,074
Biotechnology 0.1%
BioMarin Pharmaceutical, Inc.,
Gtd. Notes, 144A
5.500 02/15/34   415 412,138
Building Materials 1.1%
Builders FirstSource, Inc.,
Gtd. Notes, 144A
5.000 03/01/30   115 112,674
Camelot Return Merger Sub, Inc.,
Sr. Sec’d. Notes, 144A
8.750 08/01/28   500 323,247
Cornerstone Building Brands, Inc.,
Gtd. Notes, 144A
6.125 01/15/29   775 137,928
CP Atlas Buyer, Inc.,
Sr. Sec’d. Notes, 144A
9.750 07/15/30   250 232,225
Griffon Corp.,
Gtd. Notes
5.750 03/01/28   330 329,242
Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC,
Sr. Sec’d. Notes, 144A
6.750 04/01/32   98 96,784
MIWD Holdco II LLC/MIWD Finance Corp.,
Gtd. Notes, 144A
5.500 02/01/30   257 237,169
Quikrete Holdings, Inc.,
Sr. Sec’d. Notes, 144A
6.375 03/01/32   700 710,641
Smyrna Ready Mix Concrete LLC,          
Sr. Sec’d. Notes, 144A 6.000 11/01/28   343 342,634
Sr. Sec’d. Notes, 144A 8.875 11/15/31   450 471,491
Standard Building Solutions, Inc.,          
Sr. Unsec’d. Notes, 144A 6.250 08/01/33   490 489,969
Sr. Unsec’d. Notes, 144A 6.500 08/15/32   235 237,542
Standard Industries, Inc.,          
Sr. Unsec’d. Notes, 144A 3.375 01/15/31   180 163,422
Sr. Unsec’d. Notes, 144A 4.375 07/15/30   625 596,878
Sr. Unsec’d. Notes, 144A 4.750 01/15/28   500 497,102
          4,978,948
Chemicals 2.0%
ARC Falcon I, Inc./Arclin USA LLC/New Arclin US Holding Corp.,
Sr. Sec’d. Notes, 144A
9.750 03/01/33   1,355 1,328,479
Ashland, Inc.,
Sr. Unsec’d. Notes
6.875 05/15/43   1,550 1,534,497
Chemours Co. (The),
Gtd. Notes, 144A
7.875 03/15/34   355 363,089
3
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Chemicals (cont’d.)
Cornerstone Chemical Co. LLC,
Sec’d. Notes, 144A, Cash coupon 10.000% or PIK 10.000%^(x)
10.000 % 05/07/29   1,091  $927,604
Methanex US Operations, Inc.,
Gtd. Notes, 144A
6.250 03/15/32   205 210,832
Olympus Water US Holding Corp.,          
Sr. Sec’d. Notes, 144A 4.250 10/01/28   715 695,447
Sr. Sec’d. Notes, 144A 6.750 08/01/32   455 441,242
Sr. Sec’d. Notes, 144A 7.250 06/15/31   820 824,586
Sr. Sec’d. Notes, 144A 7.250 02/15/33   700 684,259
Sr. Unsec’d. Notes, 144A 6.250 10/01/29   1,000 977,810
     
 
Perimeter Holdings LLC,
Sr. Sec’d. Notes, 144A
6.250 01/15/34   510 508,107
SK Invictus Intermediate II Sarl,
Sr. Sec’d. Notes, 144A
5.000 10/30/29   495 487,595
Solstice Advanced Materials, Inc.,
Sr. Unsec’d. Notes, 144A
5.625 09/30/33   280 278,306
          9,261,853
Coal 0.1%
Coronado Finance Pty Ltd. (Australia),
Sr. Sec’d. Notes, 144A
9.250 10/01/29   515 465,544
Commercial Services 4.2%
Allied Universal Holdco LLC,
Sr. Sec’d. Notes, 144A
7.875 02/15/31   1,400 1,469,371
Allied Universal Holdco LLC/Allied Universal Finance Corp.,          
Sr. Sec’d. Notes, 144A 6.875 06/15/30   625 643,128
Sr. Unsec’d. Notes, 144A 6.000 06/01/29   475 471,485
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl,          
Sr. Sec’d. Notes, 144A 4.625 06/01/28   1,210 1,192,128
Sr. Sec’d. Notes, 144A 4.625 06/01/28   665 655,025
AMN Healthcare, Inc.,          
Gtd. Notes, 144A 4.000 04/15/29   1,025 979,514
Gtd. Notes, 144A 6.500 01/15/31   125 124,369
     
 
Avis Budget Car Rental LLC/Avis Budget Finance, Inc.,
Gtd. Notes, 144A
4.750 04/01/28   995 970,140
Block, Inc.,          
Sr. Unsec’d. Notes, 144A 5.625 08/15/30   665 665,325
Sr. Unsec’d. Notes, 144A 6.000 08/15/33   335 334,782
     
 
Clarivate Science Holdings Corp.,
Sr. Sec’d. Notes, 144A
3.875 07/01/28   250 241,384
CompoSecure Holdings LLC,
Sr. Sec’d. Notes, 144A
5.625 02/01/33   380 372,045
DCLI Bidco LLC,
Second Mortgage, 144A
7.750 11/15/29   645 661,722
Herc Holdings, Inc.,          
Gtd. Notes, 144A 5.750 03/15/31   355 355,666
Gtd. Notes, 144A 6.000 03/15/34   230 227,963
Gtd. Notes, 144A 6.625 06/15/29   390 399,646
Gtd. Notes, 144A 7.000 06/15/30   915 952,269
Gtd. Notes, 144A 7.250 06/15/33   460 481,601
     
 
Hertz Corp. (The),
Sr. Sec’d. Notes, 144A
12.625 07/15/29   150 141,708
Mavis Tire Express Services Topco Corp.,
Sr. Unsec’d. Notes, 144A
6.500 05/15/29   1,561 1,556,552
NESCO Holdings II, Inc.,
Sec’d. Notes, 144A
5.500 04/15/29   545 542,290
4

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Commercial Services (cont’d.)
     
Service Corp. International,
Sr. Unsec’d. Notes
3.375 % 08/15/30   557  $518,897
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.,
Gtd. Notes, 144A
6.750 08/15/32   905 903,502
United Rentals North America, Inc.,          
Gtd. Notes 3.750 01/15/32   450 417,701
Gtd. Notes 4.000 07/15/30   125 119,825
Gtd. Notes 4.875 01/15/28   1,740 1,736,483
Gtd. Notes, 144A 5.375 11/15/33   405 400,576
Sec’d. Notes 3.875 11/15/27   460 453,417
     
 
Valvoline, Inc.,
Sr. Unsec’d. Notes, 144A
3.625 06/15/31   250 227,612
Veritiv Operating Co.,
Sr. Sec’d. Notes, 144A
10.500 11/30/30   805 849,151
VT Topco, Inc.,
Sr. Sec’d. Notes, 144A
8.500 08/15/30   400 409,253
          19,474,530
Computers 0.8%
Crowdstrike Holdings, Inc.,
Gtd. Notes
3.000 02/15/29   550 524,209
Fortress Intermediate 3, Inc.,
Sr. Sec’d. Notes, 144A
7.500 06/01/31   775 784,583
McAfee Corp.,
Sr. Unsec’d. Notes, 144A
7.375 02/15/30   1,230 996,215
NCR Atleos Corp.,
Sr. Sec’d. Notes, 144A
9.500 04/01/29   550 585,180
NCR Voyix Corp.,
Gtd. Notes, 144A
5.000 10/01/28   700 685,539
Seagate Data Storage Technology Pte Ltd.,
Gtd. Notes, 144A
5.875 07/15/30   235 239,851
          3,815,577
Cosmetics/Personal Care 0.1%
P&L Development LLC/PLD Finance Corp.,
Sr. Sec’d. Notes, 144A, Cash coupon 9.000% and PIK 3.500% or Cash coupon 12.000%
12.000 05/15/29   239 235,786
Distribution/Wholesale 0.2%
Velocity Vehicle Group LLC,
Sr. Unsec’d. Notes, 144A
8.000 06/01/29   350 343,651
Windsor Holdings III LLC,
Sr. Sec’d. Notes, 144A
8.500 06/15/30   475 496,699
          840,350
Diversified Financial Services 5.3%
Azorra Finance Ltd.,          
Gtd. Notes, 144A 6.250 02/15/34   225 215,437
Gtd. Notes, 144A 7.250 01/15/31   605 618,612
Gtd. Notes, 144A 7.750 04/15/30   390 403,527
     
 
Bread Financial Holdings, Inc.,
Gtd. Notes, 144A
6.750 05/15/31   230 235,029
Charles Schwab Corp. (The),
Jr. Sub. Notes, Series L
6.100(ff) 06/01/31(oo)   95 94,931
Encore Capital Group, Inc.,          
Sr. Sec’d. Notes, 144A 6.625 04/15/31   545 554,052
Sr. Sec’d. Notes, 144A 8.500 05/15/30   400 426,203
5
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Diversified Financial Services (cont’d.)
     
 
Freedom Funding Center LLC,
Sr. Unsec’d. Notes, 144A, Cash coupon 12.000% or PIK 13.000%
12.000 % 10/01/37   435  $441,378
Freedom Mortgage Holdings LLC,          
Sr. Unsec’d. Notes, 144A 6.875 05/01/31   1,280 1,234,340
Sr. Unsec’d. Notes, 144A 9.125 05/15/31   540 559,360
Sr. Unsec’d. Notes, 144A 9.250 02/01/29   350 362,570
GGAM Finance Ltd. (Ireland),          
Gtd. Notes, 144A 8.000 02/15/27   225 226,924
Sr. Unsec’d. Notes, 144A 5.875 03/15/30   340 342,506
Sr. Unsec’d. Notes, 144A 8.000 06/15/28   450 468,171
goeasy Ltd. (Canada),          
Gtd. Notes, 144A 6.875 02/15/31   144 119,644
Gtd. Notes, 144A 9.250 12/01/28   30 28,350
Sr. Unsec’d. Notes, 144A 7.375 10/01/30   390 331,434
Sr. Unsec’d. Notes, 144A 7.625 07/01/29   165 147,784
Jefferies Finance LLC/JFIN Co-Issuer Corp.,          
Sr. Sec’d. Notes, 144A 6.625 10/15/31   200 194,743
Sr. Unsec’d. Notes, 144A 5.000 08/15/28   325 311,509
     
 
LD Holdings Group LLC,
Gtd. Notes, 144A
6.125 04/01/28   175 151,095
Macquarie Airfinance Holdings Ltd. (United Kingdom),          
Sr. Unsec’d. Notes, 144A 6.400 03/26/29   75 77,375
Sr. Unsec’d. Notes, 144A 6.500 03/26/31   405 423,424
Navient Corp.,          
Sr. Unsec’d. Notes 4.875 03/15/28   550 537,527
Sr. Unsec’d. Notes 5.000 03/15/27   1,725 1,711,856
Sr. Unsec’d. Notes 6.750 06/15/26   250 250,462
     
 
Nomura Holdings, Inc. (Japan),
Jr. Sub. Notes
7.000(ff) 07/15/30(oo)   205 211,047
OneMain Finance Corp.,          
Gtd. Notes 3.875 09/15/28   375 362,500
Gtd. Notes 5.375 11/15/29   1,135 1,114,677
Gtd. Notes 6.125 05/15/30   265 264,029
Gtd. Notes 6.625 05/15/29   550 559,907
Gtd. Notes 6.750 03/15/32   625 624,886
Gtd. Notes 6.750 09/15/33   963 947,304
     
 
Oxford Finance LLC/Oxford Finance Co-Issuer II, Inc.,
Sr. Unsec’d. Notes, 144A
7.750 05/15/31   235 233,926
PennyMac Financial Services, Inc.,          
Gtd. Notes, 144A 4.250 02/15/29   675 644,242
Gtd. Notes, 144A 5.750 09/15/31   675 642,341
Gtd. Notes, 144A 6.750 02/15/34   315 304,747
Gtd. Notes, 144A 6.875 05/15/32   1,150 1,137,735
Gtd. Notes, 144A 6.875 02/15/33   185 181,848
Gtd. Notes, 144A 7.875 12/15/29   50 51,927
PRA Group, Inc.,          
Gtd. Notes, 144A 5.000 10/01/29   50 47,425
Gtd. Notes, 144A 8.875 01/31/30   450 465,214
Rocket Cos., Inc.,          
Gtd. Notes, 144A 6.125 08/01/30   2,315 2,350,502
Gtd. Notes, 144A 6.500 08/01/29   300 306,024
     
 
Rocket Mortgage LLC,
Gtd. Notes, 144A
5.250 01/15/28   451 442,320
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.,          
Gtd. Notes, 144A 3.625 03/01/29   275 263,359
Gtd. Notes, 144A 3.875 03/01/31   1,225 1,137,751
Gtd. Notes, 144A 4.000 10/15/33   1,100 991,457
     
 
United Wholesale Mortgage LLC,
Sr. Unsec’d. Notes, 144A
5.750 06/15/27   150 149,338
6

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Diversified Financial Services (cont’d.)
UWM Holdings LLC,          
Gtd. Notes, 144A 6.250 % 03/15/31   280  $260,074
Gtd. Notes, 144A 6.625 02/01/30   240 230,366
          24,393,189
Electric 2.8%
Constellation Energy Generation LLC,
Sr. Unsec’d. Notes, 144A
4.625 02/01/29   1,136 1,128,764
Keystone Power Pass-Through Holders LLC/Conemaugh Power Pass-Through Holders,
Sub. Notes, 144A, Cash coupon 1.000% and PIK 12.000%
13.000 06/01/28   125 117,527
NRG Energy, Inc.,          
Gtd. Notes 5.750 01/15/28   1,500 1,502,890
Gtd. Notes, 144A 3.375 02/15/29   125 119,361
Gtd. Notes, 144A 3.625 02/15/31   1,200 1,114,605
Gtd. Notes, 144A 3.875 02/15/32   475 438,868
Gtd. Notes, 144A 5.250 06/15/29   500 498,096
Gtd. Notes, 144A 5.875 05/15/34   250 249,096
Gtd. Notes, 144A 6.125 05/15/36   250 249,030
Jr. Sub. Notes, 144A 10.250(ff) 03/15/28(oo)   700 758,795
Sr. Unsec’d. Notes, 144A 5.750 01/15/34   305 302,743
PG&E Corp.,          
Jr. Sub. Notes 7.375(ff) 03/15/55   400 410,975
Sr. Sec’d. Notes 5.000 07/01/28   375 372,955
Talen Energy Supply LLC,          
Gtd. Notes, 144A 6.500 02/01/36   175 175,737
Sr. Unsec’d. Notes, 144A 6.375 05/01/33   500 500,705
Vistra Corp.,          
Jr. Sub. Notes, 144A 7.000(ff) 12/15/26(oo)   2,975 2,982,120
Jr. Sub. Notes, 144A 8.000(ff) 10/15/26(oo)   375 378,176
     
 
Vistra Operations Co. LLC,
Gtd. Notes, 144A
5.000 07/31/27   375 375,000
VoltaGrid LLC,
Sec’d. Notes, 144A
7.375 11/01/30   1,195 1,240,614
          12,916,057
Electrical Components & Equipment 0.6%
Energizer Gamma Acquisition BV,
Gtd. Notes
3.500 06/30/29 EUR 100 112,205
Energizer Holdings, Inc.,          
Gtd. Notes, 144A 4.375 03/31/29   50 48,100
Gtd. Notes, 144A 6.000 09/15/33   975 931,705
WESCO Distribution, Inc.,          
Gtd. Notes, 144A 5.250 04/15/31   190 190,044
Gtd. Notes, 144A 5.500 04/15/34   240 239,400
Gtd. Notes, 144A 6.375 03/15/29   360 367,552
Gtd. Notes, 144A 6.375 03/15/33   205 211,526
Gtd. Notes, 144A 6.625 03/15/32   310 320,923
Gtd. Notes, 144A 7.250 06/15/28   430 431,333
          2,852,788
Electronics 0.1%
Coherent Corp.,
Gtd. Notes, 144A
5.000 12/15/29   135 133,596
7
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Electronics (cont’d.)
Sensata Technologies BV,
Gtd. Notes, 144A
4.000 % 04/15/29   200  $193,932
Sensata Technologies, Inc.,
Gtd. Notes, 144A
3.750 02/15/31   300 279,069
          606,597
Engineering & Construction 0.5%
AECOM,
Gtd. Notes, 144A
6.000 08/01/33   390 393,774
Brundage-Bone Concrete Pumping Holdings, Inc.,
Sr. Sec’d. Notes, 144A
7.500 02/01/32   175 177,986
TopBuild Corp.,          
Gtd. Notes, 144A 3.625 03/15/29   285 283,180
Gtd. Notes, 144A 4.125 02/15/32   255 254,807
Gtd. Notes, 144A 5.625 01/31/34   625 632,944
     
 
Weekley Homes LLC/Weekley Finance Corp.,
Sr. Unsec’d. Notes, 144A
6.750 01/15/34   715 706,406
          2,449,097
Entertainment 3.6%
Brightstar Lottery PLC/Brightstar Global Solutions Corp. (United Kingdom),
Sr. Sec’d. Notes, 144A
5.750 01/15/33   510 499,107
Caesars Entertainment, Inc.,          
Gtd. Notes, 144A 4.625 10/15/29   2,850 2,750,408
Sr. Sec’d. Notes, 144A 6.500 02/15/32   340 330,898
Sr. Sec’d. Notes, 144A 7.000 02/15/30   1,325 1,344,749
     
 
Churchill Downs, Inc.,
Sr. Unsec’d. Notes, 144A
5.750 04/01/30   475 474,003
Discovery Global Holdings, Inc.,
Gtd. Notes
5.141 03/15/52   4,170 2,752,581
Jacobs Entertainment, Inc.,          
Sr. Unsec’d. Notes, 144A 6.750 02/15/29   200 195,785
Sr. Unsec’d. Notes, 144A 6.750 02/15/29   400 390,612
     
 
Light & Wonder International, Inc.,
Gtd. Notes, 144A
6.250 10/01/33   455 451,913
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.,
Sr. Sec’d. Notes, 144A
4.875 05/01/29   775 757,816
Penn Entertainment, Inc.,          
Gtd. Notes, 144A 6.750 04/01/31   460 455,749
Sr. Unsec’d. Notes, 144A 4.125 07/01/29   425 403,981
Sr. Unsec’d. Notes, 144A 5.625 01/15/27   180 179,873
     
 
Rivers Enterprise Borrower LLC,
Sr. Sec’d. Notes, 144A
6.250 10/15/30   575 584,956
Rivers Enterprise Borrower LLC/Rivers Enterprise Finance Corp.,
Sr. Sec’d. Notes, 144A
6.625 02/01/33   935 953,483
Scientific Games Holdings LP/Scientific Games US FinCo, Inc.,
Sr. Unsec’d. Notes, 144A
6.625 03/01/30   700 589,710
Voyager Parent LLC,
Sr. Sec’d. Notes, 144A
9.250 07/01/32   1,618 1,723,730
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.,          
Gtd. Notes, 144A 5.125 10/01/29   860 854,358
Gtd. Notes, 144A 6.250 03/15/33   345 346,606
Gtd. Notes, 144A 7.125 02/15/31   345 365,516
          16,405,834
8

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Environmental Control 0.9%
Clean Harbors, Inc.,
Gtd. Notes, 144A
5.750 % 10/15/33   305  $308,022
GFL Environmental Holdings US, Inc.,
Gtd. Notes, 144A
5.500 02/01/34   235 230,887
GFL Environmental, Inc.,          
Gtd. Notes, 144A 4.000 08/01/28   465 453,408
Gtd. Notes, 144A 4.375 08/15/29   540 527,396
Gtd. Notes, 144A 4.750 06/15/29   275 271,892
Gtd. Notes, 144A 6.750 01/15/31   195 202,155
     
 
Madison IAQ LLC,
Sr. Unsec’d. Notes, 144A
5.875 06/30/29   445 443,994
Reworld Holding Corp.,
Gtd. Notes, 144A
4.875 12/01/29   1,170 1,119,138
Waste Pro USA, Inc.,
Sr. Unsec’d. Notes, 144A
7.000 02/01/33   370 376,899
Wrangler Holdco Corp. (Canada),
Gtd. Notes, 144A
6.625 04/01/32   190 195,938
          4,129,729
Foods 1.6%
Albertson’s Cos., Inc./Safeway, Inc./New Albertson’s LP/Albertson’s LLC,          
Gtd. Notes, 144A 5.500 03/31/31   230 228,852
Gtd. Notes, 144A 5.625 03/31/32   800 790,237
Gtd. Notes, 144A 5.750 03/31/34   790 770,088
     
 
B&G Foods, Inc.,
Gtd. Notes
5.250 09/15/27   1,875 1,809,689
Bellis Acquisition Co. PLC (United Kingdom),          
Sr. Sec’d. Notes 8.000 07/01/31 EUR 296 331,231
Sr. Sec’d. Notes 8.125 05/14/30 GBP 325 408,523
Lamb Weston Holdings, Inc.,          
Gtd. Notes, 144A 4.125 01/31/30   150 143,723
Gtd. Notes, 144A 4.375 01/31/32   275 259,060
     
 
Pilgrim’s Pride Corp.,
Gtd. Notes
3.500 03/01/32   375 342,563
Post Holdings, Inc.,          
Gtd. Notes, 144A 4.500 09/15/31   1,025 963,955
Gtd. Notes, 144A 4.625 04/15/30   425 411,571
Gtd. Notes, 144A 6.250 10/15/34   180 177,774
Gtd. Notes, 144A 6.375 03/01/33   80 79,991
Gtd. Notes, 144A 6.500 03/15/36   655 650,919
          7,368,176
Forest Products & Paper 0.1%
Magnera Corp.,
Sr. Sec’d. Notes, 144A
7.250 11/15/31   500 468,099
Gas 0.1%
AmeriGas Partners LP/AmeriGas Finance Corp.,          
Sr. Unsec’d. Notes 5.750 05/20/27   315 316,277
Sr. Unsec’d. Notes, 144A 9.500 06/01/30   345 367,737
          684,014
Healthcare-Services 4.3%
Centene Corp.,          
Sr. Unsec’d. Notes 2.500 03/01/31   629 546,794
Sr. Unsec’d. Notes 2.625 08/01/31   827 715,551
9
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Healthcare-Services (cont’d.)
Centene Corp., (cont’d.)          
Sr. Unsec’d. Notes 3.000 % 10/15/30   550  $494,466
CHS/Community Health Systems, Inc.,          
Sr. Sec’d. Notes, 144A 5.250 05/15/30   250 236,071
Sr. Sec’d. Notes, 144A 6.000 01/15/29   425 422,315
Sr. Sec’d. Notes, 144A 9.750 01/15/34   1,090 1,124,423
DaVita, Inc.,          
Gtd. Notes, 144A 3.750 02/15/31   2,880 2,672,142
Gtd. Notes, 144A 4.625 06/01/30   2,300 2,226,633
LifePoint Health, Inc.,          
Gtd. Notes, 144A 5.375 01/15/29   1,900 1,833,286
Sr. Sec’d. Notes, 144A 7.000 05/01/34   845 824,388
Sr. Sec’d. Notes, 144A 8.375 02/15/32   150 157,380
Sr. Sec’d. Notes, 144A 9.875 08/15/30   350 371,263
MPH Acquisition Holdings LLC,          
Sr. Sec’d. Notes, 144A 5.750 12/31/30   894 741,724
Sr. Sec’d. Notes, 144A, Cash coupon 6.500% and PIK 5.000% 11.500 12/31/30   484 453,591
     
 
Prime Healthcare Services, Inc.,
Sr. Sec’d. Notes, 144A
9.375 09/01/29   1,375 1,425,487
Tenet Healthcare Corp.,          
Sr. Sec’d. Notes 4.375 01/15/30   3,500 3,390,758
Sr. Unsec’d. Notes 6.875 11/15/31   2,025 2,156,421
          19,792,693
Holding Companies-Diversified 0.4%
Clue Opco LLC,
Sr. Sec’d. Notes, 144A(x)
9.500 10/15/31   1,653 1,693,273
Home Builders 3.7%
Ashton Woods USA LLC/Ashton Woods Finance Co.,          
Sr. Unsec’d. Notes, 144A 4.625 08/01/29   750 717,664
Sr. Unsec’d. Notes, 144A 4.625 04/01/30   350 333,124
Sr. Unsec’d. Notes, 144A 6.875 08/01/33   535 526,951
Beazer Homes USA, Inc.,          
Gtd. Notes 5.875 10/15/27   1,100 1,098,976
Gtd. Notes 7.250 10/15/29   1,575 1,588,193
Gtd. Notes, 144A 7.500 03/15/31   190 189,224
Brookfield Residential Properties, Inc./Brookfield Residential US LLC (Canada),          
Gtd. Notes, 144A 4.875 02/15/30   1,675 1,566,242
Gtd. Notes, 144A 6.250 09/15/27   40 40,046
Sr. Unsec’d. Notes, 144A 5.000 06/15/29   600 576,498
     
 
Dream Finders Homes, Inc.,
Gtd. Notes, 144A
6.875 09/15/30   290 284,488
Empire Communities Corp. (Canada),
Sr. Unsec’d. Notes, 144A
9.750 05/01/29   645 656,036
Forestar Group, Inc.,          
Gtd. Notes, 144A 5.000 03/01/28   975 967,062
Gtd. Notes, 144A 6.500 03/15/33   745 748,301
KB Home,          
Gtd. Notes 4.800 11/15/29   700 686,423
Gtd. Notes 6.875 06/15/27   700 707,720
M/I Homes, Inc.,          
Gtd. Notes 3.950 02/15/30   375 356,032
Gtd. Notes 4.950 02/01/28   350 348,001
Mattamy Group Corp. (Canada),          
Sr. Unsec’d. Notes, 144A 4.625 03/01/30   808 768,610
Sr. Unsec’d. Notes, 144A 6.000 12/15/33   580 555,971
10

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Home Builders (cont’d.)
Risewell Homes, Inc.,          
Sr. Unsec’d. Notes, 144A 8.500 % 11/01/30   420  $429,186
Sr. Unsec’d. Notes, 144A 9.250 10/01/29   250 259,024
Shea Homes LP/Shea Homes Funding Corp.,          
Sr. Unsec’d. Notes 4.750 02/15/28   793 783,121
Sr. Unsec’d. Notes 4.750 04/01/29   375 362,280
     
 
STL Holding Co. LLC,
Sr. Unsec’d. Notes, 144A
8.750 02/15/29   585 606,555
Taylor Morrison Communities, Inc.,          
Gtd. Notes, 144A 5.750 01/15/28   350 353,247
Gtd. Notes, 144A 5.750 11/15/32   250 252,755
Sr. Unsec’d. Notes, 144A 5.125 08/01/30   580 577,660
     
 
Tri Pointe Homes, Inc.,
Gtd. Notes
5.700 06/15/28   905 911,174
          17,250,564
Home Furnishings 0.3%
Whirlpool Corp.,          
Sr. Unsec’d. Notes 6.125 06/15/30   225 220,389
Sr. Unsec’d. Notes 6.500 06/15/33   1,175 1,125,229
          1,345,618
Household Products/Wares 0.3%
ACCO Brands Corp.,
Gtd. Notes, 144A
4.250 03/15/29   1,075 960,297
Kronos Acquisition Holdings, Inc. (Canada),
Sr. Unsec’d. Notes, 144A
10.750 06/30/32   670 218,233
          1,178,530
Housewares 0.8%
Newell Brands, Inc.,          
Sr. Unsec’d. Notes 6.375 05/15/30   505 494,727
Sr. Unsec’d. Notes 6.625 05/15/32   300 291,187
Sr. Unsec’d. Notes 7.500 04/01/46   350 301,176
Sr. Unsec’d. Notes, 144A 8.500 06/01/28   315 329,027
Scotts Miracle-Gro Co. (The),          
Gtd. Notes 4.000 04/01/31   1,150 1,072,371
Gtd. Notes 4.375 02/01/32   675 629,548
     
 
SWF Holdings I Corp.,
Sec’d. Notes, 144A
6.500 10/06/29   1,404 420,787
          3,538,823
Insurance 1.6%
Acrisure LLC/Acrisure Finance, Inc.,          
Sr. Sec’d. Notes, 144A 7.500 11/06/30   235 238,628
Sr. Unsec’d. Notes, 144A 8.250 02/01/29   1,980 1,986,159
Sr. Unsec’d. Notes, 144A 8.500 06/15/29   900 901,076
AmWINS Group, Inc.,          
Sr. Sec’d. Notes, 144A 6.375 02/15/29   125 126,525
Sr. Unsec’d. Notes, 144A 4.875 06/30/29   525 507,671
Asurion LLC & Asurion Co-Issuer, Inc.,          
Sr. Sec’d. Notes, 144A 8.000 12/31/32   765 799,601
Sr. Sec’d. Notes, 144A 8.375 02/01/34   1,565 1,545,058
     
 
Broadstreet Partners Group LLC,
Sr. Unsec’d. Notes, 144A
5.875 04/15/29   850 836,681
11
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Insurance (cont’d.)
     
HUB International Ltd.,
Sr. Unsec’d. Notes, 144A
5.625 % 12/01/29   300  $296,884
Ryan Specialty LLC,
Sr. Sec’d. Notes, 144A
5.875 08/01/32   300 300,290
          7,538,573
Internet 0.8%
Gen Digital, Inc.,          
Gtd. Notes, 144A 6.250 04/01/33   496 483,371
Gtd. Notes, 144A 6.750 09/30/27   540 542,665
Gtd. Notes, 144A 7.125 09/30/30   400 405,943
Go Daddy Operating Co. LLC/GD Finance Co., Inc.,          
Gtd. Notes, 144A 3.500 03/01/29   750 701,372
Gtd. Notes, 144A 5.250 12/01/27   215 214,265
ION Platform Finance US, Inc./ION Platform Finance Sarl,          
Sr. Sec’d. Notes, 144A 4.625 05/01/28   215 198,177
Sr. Sec’d. Notes, 144A 5.000 05/01/28   330 303,851
Snap, Inc.,          
Gtd. Notes, 144A 6.875 03/01/33   535 521,041
Gtd. Notes, 144A 6.875 03/15/34   250 242,076
          3,612,761
Iron/Steel 1.5%
Big River Steel LLC/BRS Finance Corp.,
Sr. Sec’d. Notes, 144A
6.625 01/31/29   1,034 1,035,985
Champion Iron Canada, Inc. (Canada),
Gtd. Notes, 144A
7.875 07/15/32   350 366,811
Cleveland-Cliffs, Inc.,          
Gtd. Notes, 144A 4.625 03/01/29   125 120,514
Gtd. Notes, 144A 6.750 04/15/30   550 548,173
Gtd. Notes, 144A 6.875 11/01/29   410 417,680
Gtd. Notes, 144A 7.000 03/15/32   465 464,595
Gtd. Notes, 144A 7.375 05/01/33   295 297,816
Gtd. Notes, 144A 7.500 09/15/31   785 798,465
Gtd. Notes, 144A 7.625 01/15/34   405 409,005
Commercial Metals Co.,          
Sr. Unsec’d. Notes, 144A 5.750 11/15/33   350 350,084
Sr. Unsec’d. Notes, 144A 6.000 12/15/35   420 419,550
Mineral Resources Ltd. (Australia),          
Sr. Unsec’d. Notes, 144A 6.000 05/01/32   485 481,280
Sr. Unsec’d. Notes, 144A 6.250 05/01/34   235 232,182
Sr. Unsec’d. Notes, 144A 7.000 04/01/31   265 274,697
Sr. Unsec’d. Notes, 144A 9.250 10/01/28   698 724,175
Sr. Unsec’d. Notes, 144A, MTN 8.500 05/01/30   75 77,247
          7,018,259
Leisure Time 1.4%
A&K Travel Group Holdings Ltd. (United Kingdom),
Gtd. Notes, 144A
7.500 05/15/33   375 376,406
Carnival Corp.,          
Gtd. Notes, 144A 5.750 03/15/30   900 913,041
Gtd. Notes, 144A 5.750 08/01/32   905 909,616
     
 
Lindblad Expeditions LLC,
Sr. Sec’d. Notes, 144A
7.000 09/15/30   485 498,238
NCL Corp. Ltd.,          
Sr. Unsec’d. Notes, 144A 6.250 03/01/30   750 748,125
Sr. Unsec’d. Notes, 144A 6.250 09/15/33   230 222,307
12

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Leisure Time (cont’d.)
NCL Corp. Ltd., (cont’d.)          
Sr. Unsec’d. Notes, 144A 6.750 % 02/01/32   630  $626,913
Sr. Unsec’d. Notes, 144A 7.750 02/15/29   460 480,042
     
 
NCL Finance Ltd.,
Gtd. Notes, 144A
6.125 03/15/28   175 176,888
Patrick Industries, Inc.,          
Gtd. Notes, 144A 4.750 05/01/29   75 73,677
Gtd. Notes, 144A 6.375 11/01/32   380 382,847
     
 
Viking Cruises Ltd.,
Gtd. Notes, 144A
9.125 07/15/31   50 52,515
Viking Ocean Cruises Ship VII Ltd.,
Sr. Sec’d. Notes, 144A
5.625 02/15/29   1,025 1,023,739
          6,484,354
Lodging 1.5%
Boyd Gaming Corp.,
Gtd. Notes, 144A
4.750 06/15/31   900 867,273
Hilton Domestic Operating Co., Inc.,          
Gtd. Notes, 144A 3.625 02/15/32   500 458,498
Gtd. Notes, 144A 5.750 09/15/33   120 120,748
MGM Resorts International,          
Gtd. Notes 4.625 09/01/26   125 124,916
Gtd. Notes 4.750 10/15/28   225 222,898
Gtd. Notes 5.500 04/15/27   1,011 1,013,208
Gtd. Notes 6.125 09/15/29   735 745,147
Gtd. Notes 6.500 04/15/32   1,465 1,484,707
     
 
Wyndham Hotels & Resorts, Inc.,
Gtd. Notes, 144A
5.625 03/01/33   275 272,284
Wynn Macau Ltd. (Macau),          
Sr. Unsec’d. Notes, 144A 5.125 12/15/29   500 487,250
Sr. Unsec’d. Notes, 144A 5.500 10/01/27   350 348,635
Sr. Unsec’d. Notes, 144A 5.625 08/26/28   850 845,018
          6,990,582
Machinery-Construction & Mining 0.2%
Terex Corp.,          
Gtd. Notes, 144A 5.000 05/15/29   485 481,800
Gtd. Notes, 144A 6.250 10/15/32   455 462,144
          943,944
Machinery-Diversified 0.7%
Chart Industries, Inc.,          
Gtd. Notes, 144A 9.500 01/01/31   210 220,938
Sr. Sec’d. Notes, 144A 7.500 01/01/30   700 726,840
     
 
Columbus McKinnon Corp.,
Sr. Sec’d. Notes, 144A
7.125 02/01/33   205 206,203
Esab Corp.,          
Gtd. Notes, 144A 5.625 04/01/31   245 247,139
Gtd. Notes, 144A 6.250 04/15/29   90 91,264
     
 
GrafTech Finance, Inc.,
Sec’d. Notes, 144A
4.625 12/23/29   655 420,270
13
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Machinery-Diversified (cont’d.)
     
LSF12 Helix Parent LLC,
Sr. Sec’d. Notes, 144A
7.125 % 02/01/33   320  $312,420
Maxim Crane Works Holdings Capital LLC,
Sec’d. Notes, 144A
11.500 09/01/28   885 924,569
          3,149,643
Media 5.7%
CCO Holdings LLC/CCO Holdings Capital Corp.,          
Gtd. Notes, 144A 5.375 06/01/29   1,085 1,068,477
Sr. Unsec’d. Notes 4.500 05/01/32   100 87,927
Sr. Unsec’d. Notes, 144A 4.250 02/01/31   1,010 916,689
Sr. Unsec’d. Notes, 144A 4.750 03/01/30   475 450,333
Sr. Unsec’d. Notes, 144A 5.000 02/01/28   275 272,113
Sr. Unsec’d. Notes, 144A 5.125 05/01/27   21 20,998
Sr. Unsec’d. Notes, 144A 7.000 02/01/33   895 882,668
CSC Holdings LLC,          
Gtd. Notes, 144A 3.375 02/15/31   500 300,025
Gtd. Notes, 144A 4.125 12/01/30   575 342,919
Gtd. Notes, 144A 5.375 02/01/28   2,500 1,864,808
Gtd. Notes, 144A 5.500 04/15/27   765 645,469
Gtd. Notes, 144A 6.500 02/01/29   825 511,910
Sr. Unsec’d. Notes, 144A 4.625 12/01/30   1,875 661,704
Sr. Unsec’d. Notes, 144A 5.750 01/15/30   1,350 484,750
DISH DBS Corp.,          
Gtd. Notes 5.125 06/01/29   40 36,782
Gtd. Notes 7.375 07/01/28   25 24,430
Gtd. Notes 7.750 07/01/26   5,605 5,588,648
     
 
DISH Network Corp.,
Sr. Sec’d. Notes, 144A
11.750 11/15/27   25 25,788
EchoStar Corp.,          
Sr. Sec’d. Notes, Cash coupon 6.750% or PIK 6.750% 6.750 11/30/30   58 59,300
Sr. Sec’d. Notes 10.750 11/30/29   3,150 3,416,286
Gray Media, Inc.,          
Gtd. Notes, 144A 5.375 11/15/31   650 508,838
Sec’d. Notes, 144A 9.625 07/15/32   280 284,772
Sr. Sec’d. Notes, 144A 7.250 08/15/33   275 280,213
Sr. Sec’d. Notes, 144A 10.500 07/15/29   90 95,535
     
 
iHeartCommunications, Inc.,
Sr. Sec’d. Notes, 144A
7.750 08/15/30   825 793,645
Nexstar Media, Inc.,
Sr. Sec’d. Notes, 144A
6.500 09/15/33   445 448,492
Paramount Global,
Gtd. Notes
4.950 05/19/50   525 330,212
Radiate Holdco LLC/Radiate Finance, Inc.,
Sr. Sec’d. Notes, 144A, Cash coupon 6.000% and PIK 3.250%
9.250 03/25/30   737 602,503
Sinclair Television Group, Inc.,
Sr. Sec’d. Notes, 144A
8.125 02/15/33   1,170 1,211,389
Sirius XM Radio LLC,
Gtd. Notes, 144A
5.000 08/01/27   700 698,286
Univision Communications, Inc.,          
Sr. Sec’d. Notes, 144A 4.500 05/01/29   225 214,908
Sr. Sec’d. Notes, 144A 9.375 08/01/32   845 874,863
     
 
Virgin Media O2 Vendor Financing Notes VI DAC (Ireland),
Sr. Sec’d. Notes, 144A
8.500 03/15/33   875 784,610
14

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Media (cont’d.)
     
Virgin Media Secured Finance PLC (United Kingdom),
Sr. Sec’d. Notes, 144A
5.500 % 05/15/29   875  $843,526
VZ Secured Financing BV (Netherlands),
Sr. Sec’d. Notes, 144A
5.000 01/15/32   550 483,247
          26,117,063
Mining 2.1%
Arsenal AIC Parent LLC,          
Sr. Sec’d. Notes, 144A 8.000 10/01/30   195 204,287
Unsec’d. Notes, 144A 11.500 10/01/31   475 513,824
     
 
Capstone Copper Corp. (Canada),
Gtd. Notes, 144A
6.750 03/31/33   300 305,250
Century Aluminum Co.,
Sr. Sec’d. Notes, 144A
6.875 08/01/32   385 398,832
Coeur Mining, Inc.,          
Gtd. Notes, 144A 5.125 02/15/29   165 164,133
Sr. Unsec’d. Notes, 144A 6.875 04/01/32   580 597,776
     
 
Eldorado Gold Corp. (Turkey),
Sr. Unsec’d. Notes, 144A
6.250 09/01/29   820 820,476
First Quantum Minerals Ltd. (Zambia),          
Gtd. Notes, 144A 6.375 02/15/36   890 873,891
Gtd. Notes, 144A 7.250 02/15/34   525 541,243
Gtd. Notes, 144A 8.000 03/01/33   555 582,001
Gtd. Notes, 144A 8.625 06/01/31   500 520,635
     
 
Hudbay Minerals, Inc. (Canada),
Gtd. Notes, 144A
6.125 04/01/29   865 867,076
Novelis Corp.,          
Gtd. Notes, 144A 3.875 08/15/31   240 217,984
Gtd. Notes, 144A 4.750 01/30/30   1,125 1,078,103
Gtd. Notes, 144A 6.875 01/30/30   340 348,475
     
 
PLS Group Ltd. (Australia),
Sr. Unsec’d. Notes, 144A
6.875 05/01/31   175 179,153
Skeena Resources Ltd. (Canada),
Sr. Sec’d. Notes, 144A
8.500 04/01/31   965 1,010,403
Taseko Mines Ltd. (Canada),
Sr. Sec’d. Notes, 144A
8.250 05/01/30   340 355,195
          9,578,737
Miscellaneous Manufacturing 0.4%
Amsted Industries, Inc.,          
Sr. Unsec’d. Notes, 144A 4.625 05/15/30   610 591,015
Sr. Unsec’d. Notes, 144A 6.375 03/15/33   200 203,247
     
 
Avient Corp.,
Sr. Unsec’d. Notes, 144A
6.250 11/01/31   115 116,617
Axon Enterprise, Inc.,          
Sr. Unsec’d. Notes, 144A 6.125 03/15/30   310 316,981
Sr. Unsec’d. Notes, 144A 6.250 03/15/33   260 266,905
     
 
Trinity Industries, Inc.,
Gtd. Notes, 144A
7.750 07/15/28   360 368,836
          1,863,601
Office/Business Equipment 0.1%
Zebra Technologies Corp.,
Gtd. Notes, 144A
6.500 06/01/32   235 239,568
15
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Oil & Gas 5.1%
Aethon United BR LP/Aethon United Finance Corp.,
Sr. Unsec’d. Notes, 144A
7.500 % 10/01/29   295  $308,025
Ascent Resources Utica Holdings LLC/ARU Finance Corp.,          
Gtd. Notes, 144A 6.625 07/15/33   450 462,488
Gtd. Notes, 144A 9.000 11/01/27   687 787,603
Sr. Unsec’d. Notes, 144A 6.625 10/15/32   290 297,758
CNX Resources Corp.,          
Gtd. Notes, 144A 5.875 03/01/34   195 193,383
Gtd. Notes, 144A 7.250 03/01/32   295 307,235
Comstock Resources, Inc.,          
Gtd. Notes, 144A 5.875 01/15/30   725 702,234
Gtd. Notes, 144A 6.750 03/01/29   750 748,991
Crescent Energy Finance LLC,          
Gtd. Notes, 144A 7.375 01/15/33   530 541,941
Gtd. Notes, 144A 7.625 04/01/32   530 546,550
Gtd. Notes, 144A 7.875 04/15/32   330 341,882
Gtd. Notes, 144A 8.375 01/15/34   350 369,805
Gtd. Notes, 144A 9.750 10/15/30   225 240,311
     
 
Diamond Foreign Asset Co./Diamond Finance LLC,
Sec’d. Notes, 144A
8.500 10/01/30   357 376,617
Hilcorp Energy I LP/Hilcorp Finance Co.,          
Sr. Unsec’d. Notes, 144A 5.750 02/01/29   400 399,875
Sr. Unsec’d. Notes, 144A 6.000 04/15/30   500 498,112
Sr. Unsec’d. Notes, 144A 6.000 02/01/31   475 469,818
Sr. Unsec’d. Notes, 144A 6.250 11/01/28   643 646,140
Sr. Unsec’d. Notes, 144A 6.250 04/15/32   590 586,265
Sr. Unsec’d. Notes, 144A 6.875 05/15/34   220 221,087
Sr. Unsec’d. Notes, 144A 7.250 02/15/35   530 540,150
Sr. Unsec’d. Notes, 144A 8.375 11/01/33   193 206,760
Matador Resources Co.,          
Gtd. Notes, 144A 6.000 04/15/34   340 341,135
Gtd. Notes, 144A 6.500 04/15/32   295 300,864
Nabors Industries, Inc.,          
Gtd. Notes, 144A 7.625 11/15/32   525 548,143
Gtd. Notes, 144A 8.875 08/15/31   515 543,495
Gtd. Notes, 144A 9.125 01/31/30   805 845,421
New Generation Gas Gathering LLC,          
Sr. Sec’d. Notes, 144A, 3 Month SOFR + 5.750% (Cap N/A, Floor 2.000%)^ 8.913(c) 09/30/29   189 186,351
Sr. Sec’d. Notes, 144A, 3 Month SOFR + 5.750% (Cap N/A, Floor 2.000%)^ 8.913(c) 09/30/29   227 223,622
Sr. Sec’d. Notes, 144A, 3 Month SOFR + 5.750% (Cap N/A, Floor 2.000%)^ 8.913(c) 09/30/29   189 186,351
Sr. Sec’d. Notes, 144A, 3 Month SOFR + 5.750% (Cap N/A, Floor 2.000%)^ 8.913(c) 09/30/29   57 55,905
     
 
Noble Finance II LLC,
Gtd. Notes, 144A
8.000 04/15/30   585 608,837
Permian Resources Operating LLC,
Gtd. Notes, 144A
7.000 01/15/32   295 306,865
Precision Drilling Corp. (Canada),
Gtd. Notes, 144A
6.875 01/15/29   673 678,135
Range Resources Corp.,
Gtd. Notes, 144A
4.750 02/15/30   450 441,716
SM Energy Co.,          
Gtd. Notes, 144A 6.750 08/01/29   225 230,826
Gtd. Notes, 144A 8.625 11/01/30   490 518,424
Gtd. Notes, 144A 8.750 07/01/31   200 209,779
Gtd. Notes, 144A 9.625 06/15/33   465 518,451
Sunoco LP,          
Gtd. Notes, 144A 5.625 03/15/31   240 240,785
Gtd. Notes, 144A 6.250 07/01/33   315 321,567
Gtd. Notes, 144A 7.000 05/01/29   540 557,347
Sr. Unsec’d. Notes, 144A 4.500 10/01/29   530 519,044
16

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Oil & Gas (cont’d.)
Sunoco LP, (cont’d.)          
Sr. Unsec’d. Notes, 144A 4.625 % 05/01/30   695  $675,971
Sr. Unsec’d. Notes, 144A 6.625 08/15/32   200 204,375
Sunoco LP/Sunoco Finance Corp.,          
Gtd. Notes 4.500 05/15/29   730 716,686
Gtd. Notes 4.500 04/30/30   625 607,088
Gtd. Notes 5.875 03/15/28   75 75,084
Transocean International Ltd.,          
Gtd. Notes, 144A 7.875 10/15/32   190 203,399
Gtd. Notes, 144A 8.250 05/15/29   1,315 1,364,589
Gtd. Notes, 144A 8.500 05/15/31   745 788,493
Sr. Sec’d. Notes, 144A 8.750 02/15/30   434 452,992
     
 
Valaris Ltd.,
Sec’d. Notes, 144A
8.375 04/30/30   395 410,472
          23,675,242
Oil & Gas Services 0.4%
Archrock Services LP/Archrock Partners Finance Corp.,
Gtd. Notes, 144A
6.000 02/01/34   260 261,491
Kodiak Gas Services LLC,          
Gtd. Notes, 144A 5.875 04/01/31   330 332,192
Gtd. Notes, 144A 6.500 10/01/33   205 209,541
Gtd. Notes, 144A 6.750 10/01/35   170 176,577
     
 
SESI LLC,
Sr. Sec’d. Notes, 144A
7.875 09/30/30   215 221,557
Tidewater, Inc.,
Gtd. Notes, 144A
9.125 07/15/30   300 322,992
Weatherford International Ltd.,
Gtd. Notes, 144A
6.750 10/15/33   415 429,878
          1,954,228
Packaging & Containers 2.1%
ARD Finance SA (Luxembourg),
Sr. Sec’d. Notes, 144A, Cash coupon 6.500% or PIK 7.250%
6.500 06/30/27(d)   —(r)
Ardagh Group SA,          
Sec’d. Notes, 144A, Cash coupon 5.500% and PIK 6.500% 12.000 12/01/30   600 538,440
Sec’d. Notes, 144A, Cash coupon 4.500% and PIK 7.500% 12.000 12/01/30 EUR 700 732,729
Sr. Sec’d. Notes, 144A 9.500 12/01/30   714 757,336
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC,          
Sr. Sec’d. Notes, 144A 3.250 09/01/28   200 191,250
Sr. Sec’d. Notes, 144A 6.250 01/30/31   210 211,646
Sr. Unsec’d. Notes, 144A 4.000 09/01/29   200 186,250
     
 
Ball Corp.,
Gtd. Notes
5.500 09/15/33   205 205,393
Clydesdale Acquisition Holdings, Inc.,          
Gtd. Notes, 144A 8.750 04/15/30   775 703,047
Sr. Sec’d. Notes, 144A 6.750 04/15/32   600 564,137
Sr. Sec’d. Notes, 144A 6.875 01/15/30   65 63,696
     
 
Graphic Packaging International LLC,
Gtd. Notes, 144A
3.500 03/01/29   350 331,474
Iris Holding, Inc.,
Sr. Unsec’d. Notes, 144A
10.000 12/15/28   420 357,095
LABL, Inc.,          
Sr. Sec’d. Notes, 144A 5.875 11/01/28(d)   530 225,028
Sr. Sec’d. Notes, 144A 8.625 10/01/31(d)   315 136,270
Sr. Sec’d. Notes, 144A 9.500 11/01/28(d)   545 238,878
Sr. Unsec’d. Notes, 144A 10.500 07/15/27(d)   850 49,051
17
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Packaging & Containers (cont’d.)
     
 
Mauser Packaging Solutions Holding Co.,
Sr. Sec’d. Notes, 144A
7.875 % 04/15/30   807  $815,742
OI European Group BV,
Gtd. Notes, 144A
4.750 02/15/30   185 171,489
Owens-Brockway Glass Container, Inc.,
Gtd. Notes, 144A
6.625 05/13/27   80 80,027
Sword Purchaser LLC,
Sr. Sec’d. Notes, 144A
8.250 04/15/33   260 266,041
Toucan FinCo Ltd./Toucan FinCo Can, Inc./Toucan FinCo US LLC (Canada),
Sr. Sec’d. Notes, 144A
9.500 05/15/30   600 525,804
Trident TPI Holdings, Inc.,
Gtd. Notes, 144A
12.750 12/31/28   1,905 1,911,235
TriMas Corp.,
Gtd. Notes, 144A
4.125 04/15/29   250 240,045
          9,502,103
Pharmaceuticals 1.7%
1261229 BC Ltd.,
Sr. Sec’d. Notes, 144A
10.000 04/15/32   3,213 3,317,422
AdaptHealth LLC,          
Gtd. Notes, 144A 4.625 08/01/29   1,050 1,015,512
Gtd. Notes, 144A 5.125 03/01/30   525 510,677
Gtd. Notes, 144A 6.125 08/01/28   470 470,284
Bausch Health Cos., Inc. (Canada),          
Gtd. Notes, 144A 5.000 01/30/28   475 405,089
Gtd. Notes, 144A 5.000 02/15/29   200 141,634
Gtd. Notes, 144A 5.250 01/30/30   500 325,000
Gtd. Notes, 144A 5.250 02/15/31   680 403,900
Gtd. Notes, 144A 6.250 02/15/29   25 18,375
Gtd. Notes, 144A 7.000 01/15/28   250 219,383
Sr. Sec’d. Notes, 144A 4.875 06/01/28   578 541,152
     
 
Organon & Co./Organon Foreign Debt Co-Issuer BV,
Sr. Unsec’d. Notes, 144A
5.125 04/30/31   625 621,038
          7,989,466
Pipelines 3.6%
Antero Midstream Partners LP/Antero Midstream Finance Corp.,          
Gtd. Notes, 144A 5.375 06/15/29   250 249,722
Gtd. Notes, 144A 5.750 01/15/28   1,260 1,260,105
Gtd. Notes, 144A 5.750 07/01/34   240 239,516
Gtd. Notes, 144A 6.625 02/01/32   105 107,813
Blue Racer Midstream LLC/Blue Racer Finance Corp.,          
Sr. Unsec’d. Notes, 144A 7.000 07/15/29   105 108,636
Sr. Unsec’d. Notes, 144A 7.250 07/15/32   95 99,323
Global Partners LP/GLP Finance Corp.,          
Gtd. Notes 6.875 01/15/29   300 302,649
Gtd. Notes, 144A 7.125 07/01/33   290 297,107
Gtd. Notes, 144A 8.250 01/15/32   225 235,782
     
 
Howard Midstream Energy Partners LLC,
Sr. Unsec’d. Notes, 144A
6.625 01/15/34   425 431,970
NGL Energy Operating LLC/NGL Energy Finance Corp.,
Sr. Sec’d. Notes, 144A
8.125 02/15/29   180 186,705
Prairie Acquiror LP,
Sr. Sec’d. Notes, 144A
9.000 08/01/29   95 99,307
Rockies Express Pipeline LLC,          
Sr. Unsec’d. Notes, 144A 4.800 05/15/30   335 326,502
Sr. Unsec’d. Notes, 144A 4.950 07/15/29   90 88,926
18

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Pipelines (cont’d.)
Rockies Express Pipeline LLC, (cont’d.)          
Sr. Unsec’d. Notes, 144A 6.750 % 03/15/33   240  $250,209
Sr. Unsec’d. Notes, 144A 6.875 04/15/40   1,295 1,307,950
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.,          
Gtd. Notes, 144A 5.500 01/15/28   1,404 1,400,663
Gtd. Notes, 144A 6.000 12/31/30   290 291,437
Gtd. Notes, 144A 6.750 03/15/34   300 306,446
Sr. Unsec’d. Notes, 144A 7.375 02/15/29   460 473,663
Venture Global Calcasieu Pass LLC,          
Sr. Sec’d. Notes, 144A 3.875 08/15/29   485 464,499
Sr. Sec’d. Notes, 144A 4.125 08/15/31   285 267,162
Sr. Sec’d. Notes, 144A 6.000 05/01/36   230 231,257
Sr. Sec’d. Notes, 144A 6.250 01/15/30   400 411,743
Venture Global LNG, Inc.,          
Jr. Sub. Notes, 144A 9.000(ff) 09/30/29(oo)   850 839,932
Sr. Sec’d. Notes, 144A 8.125 06/01/28   85 86,948
Sr. Sec’d. Notes, 144A 9.500 02/01/29   1,755 1,915,581
Sr. Sec’d. Notes, 144A 9.875 02/01/32   825 885,015
Venture Global Plaquemines LNG LLC,          
Sr. Sec’d. Notes, 144A 6.125 12/15/30   921 949,722
Sr. Sec’d. Notes, 144A 6.500 01/15/34   500 523,792
Sr. Sec’d. Notes, 144A 6.500 06/15/34   485 505,746
Sr. Sec’d. Notes, 144A 6.750 01/15/36   415 441,072
Sr. Sec’d. Notes, 144A 7.500 05/01/33   552 612,473
Sr. Sec’d. Notes, 144A 7.750 05/01/35   546 613,220
          16,812,593
Real Estate 1.0%
Five Point Operating Co. LP,
Gtd. Notes, 144A
8.000 10/01/30   305 312,723
Greystar Real Estate Partners LLC,
Sr. Sec’d. Notes, 144A
7.750 09/01/30   200 208,454
Howard Hughes Corp. (The),          
Gtd. Notes, 144A 4.125 02/01/29   1,350 1,301,234
Gtd. Notes, 144A 4.375 02/01/31   700 656,116
Sr. Unsec’d. Notes, 144A 5.875 03/01/32   525 514,463
Sr. Unsec’d. Notes, 144A 6.125 03/01/34   580 568,335
     
 
Hunt Cos., Inc.,
Sr. Sec’d. Notes, 144A
5.250 04/15/29   1,125 1,090,409
          4,651,734
Real Estate Investment Trusts (REITs) 2.1%
Brandywine Operating Partnership LP,          
Gtd. Notes 6.125 01/15/31   635 590,866
Gtd. Notes 8.875 04/12/29   100 104,727
Diversified Healthcare Trust,          
Gtd. Notes 4.375 03/01/31   711 639,383
Sr. Sec’d. Notes, 144A 7.250 10/15/30   235 240,164
Sr. Unsec’d. Notes 4.750 02/15/28   750 728,736
Millrose Properties, Inc.,          
Gtd. Notes, 144A 6.250 09/15/32   540 542,531
Gtd. Notes, 144A 6.375 08/01/30   800 810,332
MPT Operating Partnership LP/MPT Finance Corp.,          
Gtd. Notes 3.500 03/15/31   1,350 969,901
Sr. Sec’d. Notes, 144A 8.500 02/15/32   300 311,614
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer,          
Gtd. Notes, 144A 7.000 02/01/30   250 255,438
19
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Real Estate Investment Trusts (REITs) (cont’d.)
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer, (cont’d.)          
Sr. Sec’d. Notes, 144A 4.875 % 05/15/29   400  $388,843
RHP Hotel Properties LP/RHP Finance Corp.,          
Gtd. Notes, 144A 4.500 02/15/29   525 515,328
Gtd. Notes, 144A 5.750 03/15/34   225 223,772
Gtd. Notes, 144A 6.500 04/01/32   315 323,351
Rithm Capital Corp.,          
Sr. Unsec’d. Notes, 144A 8.000 04/01/29   100 100,447
Sr. Unsec’d. Notes, 144A 8.000 07/15/30   415 415,289
     
 
SBA Communications Corp.,
Sr. Unsec’d. Notes
3.125 02/01/29   275 264,737
Starwood Property Trust, Inc.,          
Gtd. Notes, 144A 5.250 10/15/28   165 164,502
Sr. Unsec’d. Notes, 144A 4.375 01/15/27   450 448,152
Sr. Unsec’d. Notes, 144A 6.000 04/15/30   250 252,577
Sr. Unsec’d. Notes, 144A 6.500 07/01/30   275 281,626
Sr. Unsec’d. Notes, 144A 6.500 10/15/30   225 231,385
Sr. Unsec’d. Notes, 144A 7.250 04/01/29   740 766,860
     
 
Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC,
Gtd. Notes, 144A
6.000 01/15/30   130 125,649
          9,696,210
Retail 3.9%
1011778 BC ULC/New Red Finance, Inc. (Canada),          
Sec’d. Notes, 144A 4.000 10/15/30   2,400 2,283,000
Sr. Sec’d. Notes, 144A 3.875 01/15/28   188 184,240
     
 
Arko Corp.,
Gtd. Notes, 144A
5.125 11/15/29   750 676,009
Brinker International, Inc.,
Gtd. Notes, 144A
8.250 07/15/30   725 758,605
Carvana Co.,          
Sr. Sec’d. Notes, 144A 9.000 06/01/30   2,989 3,109,133
Sr. Sec’d. Notes, 144A 9.000 06/01/31   2,568 2,840,015
     
 
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.,
Gtd. Notes, 144A
6.750 01/15/30   1,025 992,329
FirstCash, Inc.,
Sr. Unsec’d. Notes, 144A
6.125 05/01/34   590 588,680
Gap, Inc. (The),          
Gtd. Notes, 144A 3.625 10/01/29   600 566,275
Gtd. Notes, 144A 3.875 10/01/31   525 479,980
LBM Acquisition LLC,          
Gtd. Notes, 144A 6.250 01/15/29   720 498,791
Sr. Sec’d. Notes, 144A 9.500 06/15/31   595 521,974
     
 
LCM Investments Holdings II LLC,
Sr. Unsec’d. Notes, 144A
4.875 05/01/29   913 894,143
Lithia Motors, Inc.,          
Gtd. Notes, 144A 5.500 10/01/30   410 407,940
Sr. Unsec’d. Notes, 144A 3.875 06/01/29   475 454,919
Park River Holdings, Inc.,          
Sec’d. Notes, 144A 8.750 12/31/30   612 580,542
Sr. Sec’d. Notes, 144A 8.000 03/15/31   615 618,827
     
 
QXO Building Products, Inc.,
Sr. Sec’d. Notes, 144A
6.750 04/30/32   190 193,825
Sally Holdings LLC/Sally Capital, Inc.,
Gtd. Notes
6.750 04/01/32   425 437,914
Suburban Propane Partners LP/Suburban Energy Finance Corp.,
Sr. Unsec’d. Notes, 144A
5.000 06/01/31   555 533,886
20

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Retail (cont’d.)
     
Superior Plus LP/Superior General Partner, Inc. (Canada),
Gtd. Notes, 144A
4.500 % 03/15/29   365  $353,408
White Cap Supply Holdings LLC,
Gtd. Notes, 144A
7.375 11/15/30   240 242,659
          18,217,094
Semiconductors 0.0%
Entegris, Inc.,
Sr. Sec’d. Notes, 144A
4.750 04/15/29   225 223,520
Software 1.1%
CoreWeave, Inc.,          
Gtd. Notes, 144A 9.000 02/01/31   840 834,931
Gtd. Notes, 144A 9.250 06/01/30   1,210 1,225,129
Gtd. Notes, 144A 9.750 10/01/31   735 739,554
     
 
Fair Isaac Corp.,
Sr. Unsec’d. Notes, 144A
4.000 06/15/28   260 253,906
OAK-Eagle Acquireco, Inc.,          
Sr. Sec’d. Notes, 144A 7.250 07/01/33   535 550,568
Sr. Unsec’d. Notes, 144A 8.750 07/01/34   425 441,613
     
 
SS&C Technologies, Inc.,
Gtd. Notes, 144A
5.500 09/30/27   865 864,917
          4,910,618
Telecommunications 7.2%
Altice Financing SA (Luxembourg),
Sr. Sec’d. Notes, 144A
9.625 07/15/27   500 383,750
Altice France SA (France),
Sr. Sec’d. Notes, 144A
6.875 07/15/32   139 136,286
APLD ComputeCo 2 LLC,
Sr. Sec’d. Notes, 144A
6.750 03/15/31   770 763,328
APLD ComputeCo LLC,
Sr. Sec’d. Notes, 144A
9.250 12/15/30   475 510,241
Black Pearl Compute LLC,
Sr. Sec’d. Notes, 144A
6.125 02/15/31   860 872,913
Cipher Compute LLC,
Sr. Sec’d. Notes, 144A
7.125 11/15/30   400 414,807
Connect Finco Sarl/Connect US Finco LLC (United Kingdom),
Sr. Sec’d. Notes, 144A
9.000 09/15/29   275 289,988
Connect Holding II LLC,
Sr. Sec’d. Notes, 144A
10.500 04/03/31   2,000 2,037,181
Core Scientific Finance I LLC,
Sr. Sec’d. Notes, 144A(x)
7.750 05/15/31   685 683,369
Digicel Group Holdings Ltd. (Jamaica),          
Sr. Sec’d. Notes, Series 1B14, 144A 0.000 12/31/30   513 51
Sr. Sec’d. Notes, Series 3B14, 144A^ 0.000 12/31/30   34
     
 
Digicel International Finance Ltd./DIFL US LLC (Jamaica),
Sr. Sec’d. Notes, 144A
8.625 08/01/32   1,410 1,462,875
Flash Compute LLC,
Sr. Sec’d. Notes, 144A
7.250 12/31/30   320 326,421
Frontier Communications Holdings LLC,          
Sec’d. Notes 5.875 11/01/29   450 452,473
Sec’d. Notes, 144A 6.000 01/15/30   825 829,728
Sec’d. Notes, 144A 6.750 05/01/29   450 450,000
Sr. Sec’d. Notes, 144A 5.000 05/01/28   2,175 2,175,000
Sr. Sec’d. Notes, 144A 8.750 05/15/30   425 435,099
21
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Corporate Bonds (Continued)
Telecommunications (cont’d.)
Iliad Holding SAS (France),          
Sr. Sec’d. Notes, 144A 7.000 % 10/15/28   1,175  $1,181,004
Sr. Sec’d. Notes, 144A 7.000 04/15/32   600 609,240
Sr. Sec’d. Notes, 144A 8.500 04/15/31   335 355,408
Level 3 Financing, Inc.,          
Gtd. Notes, 144A 3.625 01/15/29   700 665,977
Gtd. Notes, 144A 8.500 01/15/36   2,170 2,327,592
Sr. Sec’d. Notes, 144A 6.875 06/30/33   1,000 1,032,772
Sr. Sec’d. Notes, 144A 7.000 03/31/34   1,085 1,127,998
     
 
Lumen Technologies, Inc.,
Sr. Unsec’d. Notes, 144A
5.375 06/15/29   275 265,852
Meridian Arc Holdco LLC,
Sr. Sec’d. Notes, 144A
6.250 04/30/31   1,675 1,675,184
PR RNO Property Owner 1 LLC,
Sr. Sec’d. Notes, 144A
6.500 05/01/31   1,065 1,055,643
Sable International Finance Ltd. (Panama),
Sr. Sec’d. Notes, 144A
7.125 10/15/32   450 451,508
SV RNO Property Owner 1 LLC,
Sr. Sec’d. Notes, 144A
5.875 03/01/31   1,745 1,716,864
Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC,          
Gtd. Notes, 144A 6.500 02/15/29   1,675 1,644,771
Gtd. Notes, 144A 8.625 06/15/32   390 408,492
Gtd. Notes, 144A 8.625 06/15/32   765 800,184
Sr. Sec’d. Notes, 144A 4.750 04/15/28   300 298,992
     
 
Uniti Services LLC,
Sr. Sec’d. Notes, 144A
7.500 10/15/33   1,490 1,569,873
Vmed O2 UK Financing I PLC (United Kingdom),
Sr. Sec’d. Notes, 144A
6.750 01/15/33   560 512,344
Windstream Services LLC/Windstream Escrow Finance Corp.,
Sr. Sec’d. Notes, 144A
8.250 10/01/31   1,400 1,481,176
WULF Compute LLC,
Sr. Sec’d. Notes, 144A
7.750 10/15/30   880 924,564
Zayo Group Holdings, Inc.,
Sr. Sec’d. Notes, 144A, Cash coupon 5.750% and PIK 0.500%
9.250 03/09/30   551 551,525
Zegona Finance PLC (United Kingdom),
Sr. Sec’d. Notes, 144A
8.625 07/15/29   275 288,104
          33,168,577
Transportation 0.3%
GB AIT Buyer, Inc.,
Sr. Unsec’d. Notes, 144A
8.750 04/30/34   155 155,833
RXO, Inc.,
Gtd. Notes, 144A
6.375 05/15/31   145 144,054
Star Leasing Co. LLC,
Sec’d. Notes, 144A
7.625 02/15/30   895 864,813
XPO, Inc.,          
Gtd. Notes, 144A 7.125 06/01/31   150 155,296
Gtd. Notes, 144A 7.125 02/01/32   205 213,957
          1,533,953
     
 
Total Corporate Bonds
(cost $396,938,654)
395,069,120
Floating Rate and Other Loans 6.2%
Aerospace & Defense 0.1%
PAC DAC LLC,
Initial Term Loan, 1 Month SOFR + 3.250%
6.913(c) 10/28/30   299 296,258
22

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Floating Rate and Other Loans (Continued)
Airlines 0.0%
Vista Management Holding, Inc.,
Initial Term Loan, 1 Month SOFR + 3.750%
7.442 %(c) 04/01/31   132  $131,102
Auto Parts & Equipment 0.6%
Clarios Global LP,
Amendment No. 6 Dollar Term Loan, 1 Month SOFR + 2.750%
6.402(c) 01/28/32   1,320 1,325,375
First Brands Group LLC,
2021 Second Lien Term Loan
13.070 03/30/28(d)   1,829 805
Tenneco, Inc.,          
Term A Loan, 3 Month SOFR + 4.750% 8.506(c) 11/17/28   1,002 1,000,384
Term B Loan, 1 Month SOFR + 5.000% 8.756(c) 11/17/28   380 379,483
          2,706,047
Building Materials 0.1%
American Bath/CP Atlas Buyer, Inc.,
2025 Term B Loan, 1 Month SOFR + 5.250%
8.902(c) 07/08/30   244 217,185
Quikrete Holdings, Inc.,
Tranche Term B-3 Loan, 1 Month SOFR + 2.250%
5.902(c) 02/10/32   322 321,872
          539,057
Chemicals 0.4%
ARC Falcon I, Inc. (Canada),
Term B Loan, 1 Month SOFR + 4.500%
8.165(c) 04/01/33   170 158,780
Iris Holdings Ltd.,
Initial Term Loan, 3 Month SOFR + 4.750%
8.513(c) 06/28/28   439 413,759
TPC Group, Inc.,
Initial Term Loan, 1 Month SOFR + 5.750%
9.386(c) 12/16/31   654 622,041
Venator Finance Sarl,          
Initial First Out Term Loan^ 13.894 07/16/26(d)   543 407,510
Term Loan^ 13.905 10/12/28(d)   807 16,136
     
 
Venator Materials LLC,
First Out Term B Loan^
14.002 07/16/26(d)   550 412,287
          2,030,513
Commercial Services 0.3%
Allied Universal Holdco LLC,
Amendment No. 7 Replacement US Dollar Term Loan, 1 Month SOFR + 3.250%
6.902(c) 08/20/32   729 730,815
MPH Acquisition Holdings LLC,          
First Term Out Loan, 1 Month SOFR + 3.750% 7.417(c) 12/31/30   595 593,390
Second Out Term Loan, 1 Month SOFR + 4.600% 8.263(c) 12/31/30   317 282,411
          1,606,616
Computers 0.5%
Bingo Holdings I LLC,
Term Loan, 1 Month SOFR + 4.750%
8.450(c) 06/30/32   498 491,903
McAfee Corp.,
Refinancing Tranche B-1, 1 Month SOFR + 3.000%
6.652(c) 03/01/29   1,550 1,361,943
NCR Atleos Corp.,
Term B Loan, 3 Month SOFR + 3.000%
6.686(c) 04/16/29   458 456,086
NCR Atleos LLC,
Term A Loan, 1 Month SOFR + 2.500%
6.163(c) 10/16/28   186 185,118
          2,495,050
23
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Floating Rate and Other Loans (Continued)
Diversified Financial Services 0.0%
Focus Financial Partners LLC,
Tranche B Incremental Term Loan, 1 Month SOFR + 2.500%
6.152 %(c) 09/15/31   50  $49,211
Electric 0.1%
Heritage Power LLC,
Term Loan, 1 Month SOFR + 5.500%^
10.700(c) 07/20/28   230 225,192
Entertainment 0.1%
Crown Finance US, Inc. (United Kingdom),
Term B Loan, 3 Month SOFR + 4.500%
8.157(c) 12/02/31   140 139,454
Great Canadian (Canada),
2024 Refinancing Term Loan, 1 Month SOFR + 4.750%
9.087(c) 11/01/29   291 282,907
          422,361
Forest Products & Paper 0.0%
Magnera Corp.,
New Term Loan, 1 Month SOFR + 4.250%
7.923(c) 11/04/31   194 186,480
Healthcare-Services 0.0%
LifePoint Health, Inc.,
Term B Loan, 1 Month SOFR + 3.750%
7.423(c) 05/16/31   224 222,678
Holding Companies-Diversified 0.0%
Clue OpCo LLC,
Term B Loan, 1 Month SOFR + 4.500%
8.163(c) 12/19/30   62 61,204
Insurance 0.4%
Acrisure LLC,
2024 Repricing Term B-6 Loan, 1 Month SOFR + 3.000%
6.652(c) 11/06/30   957 940,605
Asurion LLC,          
New Term B-04 Loan, 1 Month SOFR + 5.250% 9.017(c) 01/20/29   483 483,934
New Term B-12 Loan, 1 Month SOFR + 4.250% 7.902(c) 09/19/30   197 197,106
          1,621,645
Internet 0.0%
Diamond Sports Net LLC,
First Lien Exit Term Loan
(p) 01/02/28   479 86,286
Investment Companies 0.3%
Hurricane CleanCo Ltd. (United Kingdom),
Facility A^
12.500 10/31/29   852 1,199,063
Leisure Time 0.3%
ClubCorp Holdings, Inc.,
Term Loan, 3 Month SOFR + 4.750%^
8.450(c) 07/09/32   479 469,730
International Park Holdings BV (Netherlands),
2025 Facility B, 3 Month EURIBOR + 5.250%^
7.374(c) 01/30/32 EUR 900 1,043,081
          1,512,811
Machinery-Diversified 0.1%
Graftech Global Enterprises, Inc.,
Initial Term Loan, 1 Month SOFR + 6.000%
9.667(c) 12/21/29   278 265,626
Media 1.5%
Altice Financing SA (Luxembourg),
2022 Dollar Loan, 3 Month SOFR + 5.000%
8.673(c) 10/31/27   421 319,888
24

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
Floating Rate and Other Loans (Continued)
Media (cont’d.)
CSC Holdings LLC,
2019 September Term Loan, PRIME + 1.500%
8.250 %(c) 04/15/27   1,938  $1,708,630
Radiate Holdco LLC,          
Closing Date Term Loan, 1 Month SOFR + 4.000% 7.652(c) 06/26/29   43 42,465
Delayed Draw Term Loan 1.500 06/26/29   43 42,465
First Out Term Loan, 1 Month SOFR + 3.500% 8.767(c) 09/25/29   5,181 4,713,550
          6,826,998
Metal Fabricate/Hardware 0.5%
Doncasters US Finance LLC (United Kingdom),          
2025 Term Loan, 1 Month SOFR + 6.500%^ 10.200(c) 04/23/30   79 79,398
Initial Term Loan, 1 Month SOFR + 6.500%^ 10.200(c) 04/23/30   2,102 2,107,355
          2,186,753
Oil & Gas 0.1%
Hilcorp Energy I LP,
Repriced Term Loan, 1 Month SOFR + 1.750%
5.411(c) 02/11/30   297 297,247
Packaging & Containers 0.0%
LABL, Inc.,          
Interim New Money Dollar Term Loan, 1 Month SOFR + 6.750% 10.428(c) 12/31/26   93 92,291
Term Loan, 1 Month SOFR + 6.750%^ 10.455(c) 11/03/26   90 75,546
          167,837
Retail 0.0%
LBM Acquisition LLC,
Incremental Term B Loan, 1 Month SOFR + 3.850%
7.502(c) 06/06/31   87 72,615
White Cap Supply Holdings LLC,
Tranche Term C Loan, 1 Month SOFR + 3.250%
6.918(c) 10/19/29   100 99,366
          171,981
Software 0.1%
Skillsoft Finance II, Inc.,
Initial Term Loan, 1 Month SOFR + 5.250%
9.017(c) 07/14/28   858 458,855
Telecommunications 0.7%
Connect Finco Sarl (United Kingdom),
Amendment No. 4 Term Loan, 1 Month SOFR + 4.500%
8.152(c) 09/27/29   327 327,761
Connect Holdings 2 LLC,
Delayed Draw Term B Loan
(p) 04/03/31   592 563,993
Level 3 Financing, Inc.,
Term B-4 Loan, 1 Month SOFR + 3.250%
6.902(c) 03/29/32   504 505,079
Viasat, Inc.,
Initial Term Loan, 1 Month SOFR + 4.500%
8.267(c) 05/30/30   444 444,961
Xplore, Inc.,          
Initial Term Loan, 1 Month SOFR + 5.000% 8.767(c) 10/24/29   244 219,589
Second Out Term Loan, 1 Month SOFR + 1.500% 6.000(c) 10/24/31   923 602,545
     
 
Zayo Group Holdings, Inc.,
Dollar Term Loan, 1 Month SOFR + 3.500%
7.282(c) 03/11/30   425 424,275
          3,088,203
     
 
Total Floating Rate and Other Loans
(cost $32,150,796)
28,855,074
25
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description Interest
Rate
Maturity
Date
Principal Amount
(000)#
Value
U.S. Treasury Obligations 1.7%
U.S. Treasury Notes(h)(k) 3.375 % 02/29/28   1,710  $1,695,038
U.S. Treasury Notes(k) 3.500 03/15/29   2,700 2,670,469
U.S. Treasury Notes(h)(k) 3.750 08/31/26   1,535 1,534,820
U.S. Treasury Notes(h)(k) 4.125 10/31/26   1,200 1,202,109
U.S. Treasury Notes(k) 4.250 11/30/26   105 105,316
U.S. Treasury Notes(k) 4.250 12/31/26   550 551,783
     
 
Total U.S. Treasury Obligations
(cost $7,762,107)
7,759,535
    
      Shares  
Affiliated Exchange-Traded Fund 0.6%
Fixed Income
PGIM AAA CLO ETF
(cost $2,708,583)(wa)
53,020 2,719,396
Common Stocks 2.7%
Chemicals 0.3%
Cornerstone Chemical Co.*(x)       43,850 219,250
TPC Group, Inc.*       67,793 1,333,285
Venator Materials PLC*^(x)       2,297
          1,552,535
Containers & Packaging 0.0%
Ardagh Holdings SA (Luxembourg), 144A*       375 2,250
Electric Utilities 0.2%
GenOn Energy Holdings, Inc. (Class A Stock)*^       9,187 275,610
Keycon Power Holdings LLC*^       12,469 437,662
          713,272
Gas Utilities 0.3%
Ferrellgas Partners LP*       47,385 1,199,457
Interactive Media & Services 0.0%
Diamond Sports Group LLC*(x)       64,608 13,309
Oil, Gas & Consumable Fuels 0.6%
Expand Energy Corp.       4,221 431,175
Heritage Power LLC, Exit Financing - Participation on Account of Backstop Shares & Exit Financing - Reserve Shares*       1,340 96,145
Heritage Power LLC, Exit Financing Participation Shares & Backstop Shares*       30,465 2,185,864
Heritage Power LLC, Litigation Trust Interests*^       35,061 17,530
          2,730,714
Software 0.0%
Mitel Networks International Ltd. (Canada)*^       304 3
Wireless Telecommunication Services 1.3%
Altice France SA (France)*       9,822 203,012
Digicel International Finance Ltd. (Jamaica)*       231,054 5,862,995
Stonepeak Falcon Holdings, Inc. (Canada) (Class A Stock)*(x)       79,554 58,576
Xplore, Inc. (Canada), CVR*^(x)       4,100 1
          6,124,584
     
 
Total Common Stocks
(cost $9,353,182)
12,336,124
26

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Description     Shares Value
Preferred Stocks 1.0%
Consumer Staples Distribution & Retail 0.4%
LABL, Inc., 12.000%, Maturing 12/31/79       184  $184,000
LABL, Inc., 12.000%, Maturing 12/31/79       61 61,000
QXO, Inc., Series C, 4.750%, Maturing 04/01/33       135 1,502,043
          1,747,043
Electronic Equipment, Instruments & Components 0.6%
Ferrellgas Escrow LLC, 8.956%, Maturing 03/30/31^       2,625 2,854,688
Wireless Telecommunication Services 0.0%
Digicel International Finance Ltd. (Jamaica)*^       18,040 233,138
     
 
Total Preferred Stocks
(cost $4,230,190)
4,834,869
    
      Units  
Warrants* 0.0%
Interactive Media & Services 
Diamond Sports Group LLC, expiring 06/30/26(x)
(cost $0)
      120,837 1
 
Total Long-Term Investments
(cost $453,143,512)
451,574,119
    
      Shares  
Short-Term Investments 1.7%
Affiliated Mutual Fund 1.7%          
PGIM Core Government Money Market Fund (7-day effective yield 3.780%)
(cost $7,916,596)(wa)
    7,916,596 7,916,596
Options Purchased*~ 0.0%          
(cost $60,760) 55,385
     
 
 
Total Short-Term Investments
(cost $7,977,356)
7,971,981
 
TOTAL INVESTMENTS99.5%
(cost $461,120,868)
459,546,100
Other assets in excess of liabilities(z) 0.5% 2,193,582
 
Net Assets 100.0% $461,739,682

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
EUR—Euro
GBP—British Pound
    
   
144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers.
BARC—Barclays Bank PLC
BOA—Bank of America, N.A.
CDX—Credit Derivative Index
CLO—Collateralized Loan Obligation
CVR—Contingent Value Rights
DAC—Designated Activity Company
ETF—Exchange-Traded Fund
EURIBOR—Euro Interbank Offered Rate
HSBC—HSBC Bank PLC
27
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
IBEX—Spanish Stock Index
LP—Limited Partnership
MSI—Morgan Stanley & Co. International PLC
MTN—Medium Term Note
N/A—Not Applicable
PIK—Payment-in-Kind
Q—Quarterly payment frequency for swaps
REITs—Real Estate Investment Trust
SOFR—Secured Overnight Financing Rate
TD—The Toronto-Dominion Bank
UAG—UBS AG
    
* Non-income producing security.
# Principal or notional amount is shown in U.S. dollars unless otherwise stated.
~ See tables subsequent to the Schedule of Investments for options detail.  
^ Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $11,652,752 and 2.5% of net assets. 
(c) Variable rate instrument. The interest rate shown reflects the rate in effect at April 30, 2026.
(d) Represents issuer in default on interest payments and/or principal repayment. Non-income producing security. Such securities may be post-maturity.
(ff) Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of period end.
(h) Represents security, or a portion thereof, segregated as collateral for OTC derivatives.
(k) Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives.
(oo) Perpetual security. Maturity date represents next call date.
(p) Represents a security with a delayed settlement and therefore the interest rate is not available until settlement which is after the period end.
(r) Principal or notional amount is less than $500 par.
(wa) Represents investments in Funds affiliated with the Manager.
(x) The following represents restricted securities that are acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer and is considered restricted as to disposition under federal securities law.
(x) Restricted Securities:
Issuer   Acquisition
Date
  Original
Cost
  Market
Value
  Percentage
of
Net Assets
Clue Opco LLC, Sr. Sec’d. Notes, 144A, 9.500%, 10/15/31   09/22/23-04/11/25    $1,607,127    $1,693,273   0.4 %
Core Scientific Finance I LLC, Sr. Sec’d. Notes, 144A, 7.750%, 05/15/31   04/22/26   679,863   683,369   0.2
Cornerstone Chemical Co.*^   12/06/23   833,150   219,250   0.0
Cornerstone Chemical Co. LLC, Sec’d. Notes, 144A, Cash coupon 10.000% or PIK 10.000%, 10.000%, 05/07/29^   05/07/25-04/30/26   910,564   927,604   0.2
Diamond Sports Group LLC*   01/02/25   169,163   13,309   0.0
Diamond Sports Group LLC, expiring 06/30/26*   01/02/25     1   0.0
Stonepeak Falcon Holdings, Inc. (Canada)(Class A Stock)*   10/17/24-10/24/24   348,840   58,576   0.0
Venator Materials PLC*^   03/08/19-10/19/23   4,596,226     0.0
Xplore, Inc. (Canada), CVR*^   10/24/24   42   1   0.0
Total       $9,144,975   $3,595,383   0.8%
(z) Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments:
Unfunded loan commitments outstanding at April 30, 2026:
Borrower   Principal
Amount
(000)#
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
ClubCorp Holdings, Inc., Delayed Draw Term Loan, 1.000%, Maturity Date 07/09/32 (cost $30,999)^    31    $30,789    $   $(210)
ClubCorp Holdings, Inc., Revolver Loan, 0.500%, Maturity Date 07/10/31 (cost $51,665)^    52   51,314     (351)
Doncasters US Finance LLC, 2025 Delayed Draw Term Loan, 1.500%, Maturity Date 04/01/30 (cost $120,000)^    120   120,300   300  
Graftech Global Enterprises, Inc., Delayed Draw Term Loan, 3.750%, Maturity Date 12/21/29 (cost $159,324)    159   151,787     (7,537)
Radiate Holdco LLC, Delayed Draw Term Loan, 1.500%, Maturity Date 06/26/29 (cost $85,000)    85   84,929     (71)
        $439,119   $300   $(8,169)
Unfunded preferred stock commitment outstanding at April 30, 2026:
Issuer   Shares   Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
QXO, Inc., 4.750%, Maturity Date 12/31/79 (cost $670,000)^    67   $670,000   $—   $—
28

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Options Purchased:
OTC Swaptions    
Description   Call/
Put
  Counterparty   Expiration
Date
  Strike   Receive   Pay   Notional
Amount
(000)#
  Value
CDX.NA.HY.46.V1, 06/20/31   Put   BARC   07/15/26   $106.00   CDX.NA.HY.46.V1(Q)   5.00%(Q)     3,472    $31,649
CDX.NA.HY.46.V1, 06/20/31   Put   BOA   07/15/26   $106.00   CDX.NA.HY.46.V1(Q)   5.00%(Q)     868   7,912
CDX.NA.HY.46.V1, 06/20/31   Put   BOA   07/15/26   $106.00   CDX.NA.HY.46.V1(Q)   5.00%(Q)     1,736   15,824
Total Options Purchased (cost $60,760)       $55,385
Futures contracts outstanding at April 30, 2026:
Number
of
Contracts
  Type   Expiration
Date
  Current
Notional
Amount
  Value /
Unrealized
Appreciation
(Depreciation)
Long Positions:
142   2 Year U.S. Treasury Notes   Jun. 2026    $29,411,750    $(256,398)
501   5 Year U.S. Treasury Notes   Jun. 2026   54,025,806   (428,624)
196   10 Year U.S. Treasury Notes   Jun. 2026   21,676,375   (400,615)
9   20 Year U.S. Treasury Bonds   Jun. 2026   1,015,594   (41,059)
378   IBEX 35 Index   Jun. 2026   68,777,100   1,084,333
                (42,363)
Short Position:
5   30 Year U.S. Ultra Treasury Bonds   Jun. 2026   575,156   25,813
                $(16,550)
Forward foreign currency exchange contracts outstanding at April 30, 2026:
Purchase
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts:
British Pound,
Expiring 05/12/26   HSBC   GBP 1,235    $1,665,568    $1,680,016    $14,448    $—
Euro,
Expiring 05/12/26   TD   EUR 2,121   2,485,281   2,490,604   5,323  
              $4,150,849   $4,170,620   19,771  
    
Sale
Contracts
  Counterparty   Notional
Amount
(000)
  Value at
Settlement
Date
  Current
Value
  Unrealized
Appreciation
  Unrealized
Depreciation
OTC Forward Foreign Currency Exchange Contracts:
British Pound,
Expiring 05/12/26   UAG   GBP 1,235    $1,654,665    $1,680,016    $   $(25,351)
Expiring 06/02/26   HSBC   GBP 1,235   1,665,524   1,679,970     (14,446)
Euro,
Expiring 05/12/26   MSI   EUR 2,121   2,462,017   2,490,605     (28,588)
Expiring 06/02/26   TD   EUR 2,121   2,487,750   2,493,056     (5,306)
              $8,269,956   $8,343,647     (73,691)
                      $19,771   $(73,691)
29
High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc.
Schedule of Investments (unaudited) (continued)
as of April 30, 2026
Credit default swap agreements outstanding at April 30, 2026:
Reference
Entity/
Obligation
  Termination
Date
  Fixed
Rate
  Notional
Amount
(000)#(3)
  Implied Credit
Spread at
April 30,
2026(4)
  Value at
Trade Date
  Value at
April 30,
2026
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swap Agreements on credit indices - Sell Protection(2):
CDX.NA.HY.45.V2   12/20/30   5.000%(Q)     15,870   3.124%    $1,146,946    $1,249,971    $103,025
CDX.NA.HY.46.V1   06/20/31   5.000%(Q)     36,185   3.303%   1,828,090   2,789,793   961,703
                        $2,975,036   $4,039,764   $1,064,728
The Fund entered into credit default swaps (“CDS”) to provide a measure of protection against defaults or to take an active long or short position with respect to the likelihood of a particular issuer’s default or the reference entity’s credit soundness. CDS contracts generally trade based on a spread which represents the cost a protection buyer has to pay the protection seller. The protection buyer is said to be short the credit as the value of the contract rises the more the credit deteriorates. The value of the CDS contract increases for the protection buyer if the spread increases.
(1) If the Fund is a buyer of protection, it pays the fixed rate. When a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and make delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.
(2) If the Fund is a seller of protection, it receives the fixed rate. When a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.
(3) Notional amount represents the maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.
(4) Implied credit spreads, represented in absolute terms, utilized in determining the fair value of credit default swap agreements where the Fund is the seller of protection as of the reporting date serve as an indicator of the current status of the payment/ performance risk and represent the likelihood of risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include up-front payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood of risk of default or other credit event occurring as defined under the terms of the agreement.
Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
30