PGIM Global Total Return Fund Class Z (PZTRX) N-CSRS Certified semi-annual shareholder report (management investment company)

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:	655 Broad Street, 17th Floor
	Newark, New Jersey 07102
Name and address of agent for service:	Deborah A. Docs
	655 Broad Street, 17th Floor
	Newark, New Jersey 07102
Registrant’s telephone number, including area code:	800-225-1852
Date of fiscal year end:	10/31/2017
Date of reporting period:	4/30/2017

Item 1 – Reports to Stockholders

PRUDENTIAL GLOBAL TOTAL RETURN FUND, INC.

SEMIANNUAL REPORT

APRIL 30, 2017

To enroll in e-delivery, go to pgiminvestments.com/edelivery

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, 2017 were not audited and, accordingly, no auditor’s opinion is expressed on them.

Mutual funds are distributed by Prudential Investment Management Services LLC (PIMS), member SIPC. PGIM Fixed Income is a unit of PGIM, Inc. (PGIM), a registered investment adviser. PIMS and PGIM are Prudential Financial companies. ^© 2017 Prudential Financial, Inc. and its related entities. The Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

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Letter from the President

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 ended April 30, 2017. We are proud to announce that Prudential Investments became PGIM^® Investments, effective April 3, 2017. Why PGIM? This new name was chosen to further align with the global investment management businesses of Prudential Financial, which rebranded from Prudential Investment Management in January 2016. This new name allows for one brand and reflects our ability and commitment to delivering investment solutions to clients around the globe. Please keep in mind that only the Fund adviser’s name was changed: the name of your Fund and the management and operation did not change.

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 adviser 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. However, diversification and asset allocation strategies do not assure a profit or protect against loss in declining markets.

At PGIM Investments, we consider it a great privilege and responsibility to help investors participate in opportunities across global markets while meeting their toughest investment challenges. We’re part of PGIM, the 9th-largest global investment manager with more than $1 trillion in assets under management. This investment expertise allows us to deliver actively managed funds and strategies to meet the needs of investors around the globe.

Thank you for choosing our family of funds.

Sincerely,

Stuart S. Parker, President

Prudential Global Total Return Fund, Inc.

June 15, 2017

Prudential Global Total Return Fund, Inc. 3

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.pgiminvestments.com or by calling (800) 225-1852.

	Total Returns as of 4/30/17 (without sales charges)	Average Annual Total Returns as of 4/30/17 (with sales charges)
	Six Months* (%)	One Year (%)	Five Years (%)	Ten Years (%)	Since Inception (%)
Class A	0.00	–4.04	1.73	4.85	—
Class B	–0.52	–5.25	1.70	4.55	—
Class C	–0.52	–1.38	1.91	4.67	—
Class Q	–0.01	0.64	3.16	N/A	3.08 (2/3/12)
Class Z	0.12	0.87	2.94	5.60	—
Bloomberg Barclays Global Aggregate Bond Index	–1.63	–2.10	0.37	3.34	—
Lipper Global Income Funds Average**	0.13	1.20	1.34	3.60	—
Lipper Custom Global Income Funds Average**	0.09	0.91	1.07	3.70	—

*Not annualized

**The Lipper Custom Global Income Funds Average consists only of unhedged 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 Fund’s manager believes that the funds included in this universe provide a more appropriate basis for Fund performance comparisons.

Source: PGIM Investments LLC and Lipper Inc.

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

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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

Bloomberg Barclays Global Aggregate Bond Index—The Bloomberg 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 euroyen corporate bonds, Canadian government, and agency and corporate securities. The average annual total return for the Index measured from the month-end closest to the inception date through 4/30/17 is 0.43% for Class Q shares.

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 universe 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 average annual total return for the Lipper Average measured from the month-end closest to the inception date through 4/30/17 is 1.47% for Class Q shares.

Lipper Custom Global Income Funds Average—The Lipper Custom Global Income Funds Average (Lipper Custom Average) consists only of unhedged 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 average annual total return for the Lipper Custom Average measured from the month-end closest to the inception date through 4/30/17 is 1.22% for Class Q shares.

Prudential Global Total Return Fund, Inc. 5

Your Fund’s Performance (continued)

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 Averages 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.

Distributions and Yields as of 4/30/17
	Total Distributions Paid for Six Months ($)	SEC 30-Day Subsidized Yield* (%)	SEC 30-Day Unsubsidized Yield** (%)
Class A	0.11	1.78	1.72
Class B	0.08	1.13	1.06
Class C	0.08	1.13	1.06
Class Q	0.12	2.13	2.12
Class Z	0.11	2.10	2.03

*SEC 30-Day Subsidized Yield (%)—A standardized yield calculation created by the Securities and Exchange Commission, it reflects the income earned during a 30-day period, after the deduction of the Fund’s net expenses (net of any expense waivers or reimbursements).

**SEC 30-Day Unsubsidized Yield (%)—A standardized yield calculation created by the Securities and Exchange Commission, it reflects the income earned during a 30-day period, after the deduction of the Fund’s gross expenses.

Credit Quality expressed as a percentage of total investments as of 4/30/17 (%)
AAA	29.0
AA	10.9
A	19.6
BBB	18.9
BB	9.5
B	5.6
CCC	0.6
Not Rated	4.3
Cash/Cash Equivalents	1.6
Total	100.0

Source: PGIM Fixed Income

Credit ratings reflect the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s Investor Service, Inc. (Moody’s), S&P Global Ratings (S&P), or Fitch, Inc. (Fitch). Credit ratings reflect the common nomenclature used by both S&P and Fitch. Where applicable, ratings are converted to the comparable S&P/Fitch rating tier nomenclature. These rating agencies are independent and are widely used. The Not Rated category consists of securities that have not been rated by a NRSRO. Credit ratings are subject to change. Values may not sum to 100.0% due to rounding.

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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 held through the six-month period ended April 30, 2017. 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 on the following page 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 PGIM Investments funds, including the Fund, that you own. You should consider the additional fees that were charged to your Fund account over the six-month period when you estimate the total ongoing expenses

Prudential Global Total Return Fund, Inc. 7

Fees and Expenses (continued)

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, 2016		Ending  Account Value April 30, 2017		Annualized Expense Ratio Based on the Six-Month Period			Expenses  Paid During the Six-Month Period*
Class A	Actual	$	1,000.00	$	1,000.00		0.88	%	$	4.36
	Hypothetical	$	1,000.00	$	1,020.43		0.88	%	$	4.41
Class B	Actual	$	1,000.00	$	994.80		1.63	%	$	8.06
	Hypothetical	$	1,000.00	$	1,016.71		1.63	%	$	8.15
Class C	Actual	$	1,000.00	$	994.80		1.63	%	$	8.06
	Hypothetical	$	1,000.00	$	1,016.71		1.63	%	$	8.15
Class Q	Actual	$	1,000.00	$	999.90		0.58	%	$	2.88
	Hypothetical	$	1,000.00	$	1,021.92		0.58	%	$	2.91
Class Z	Actual	$	1,000.00	$	1,001.20		0.63	%	$	3.13
	Hypothetical	$	1,000.00	$	1,021.67		0.63	%	$	3.16

*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, 2017, and divided by the 365 days in the Fund’s fiscal year ending October 31, 2017 (to reflect the six-month period). Expenses presented in the table include the expenses of any underlying portfolios in which the Fund may invest.

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Schedule of Investments (unaudited)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
LONG-TERM INVESTMENTS    94.9%
FOREIGN BONDS    54.4%
Argentina    0.7%
Argentine Bonos del Tesoro, Unsec’d. Notes		22.750	%		03/05/18	ARS	35,378	$	2,337,705
Argentine Republic Government International Bond, Sr. Unsec’d. Notes, RegS		3.875			01/15/22	EUR	2,065		2,257,707
Provincia de Buenos Aires, Sr. Unsec’d. Notes, 144A		9.950			06/09/21		900		1,039,680
									5,635,092
Australia    0.3%
Australia Government Bond,
Sr. Unsec’d. Notes, RegS		3.000			03/21/47	AUD	2,400		1,620,431
Sr. Unsec’d. Notes, RegS		4.250			04/21/26	AUD	600		511,081
New South Wales Treasury Corp., Local Gov’t. Gtd. Notes		5.000			08/20/24	AUD	200		173,813
									2,305,325
Austria    0.3%
Austria Government International Bond,
Sr. Unsec’d. Notes, 144A, EMTN, RegS		5.000			12/20/24	CAD	2,500		2,190,598
Sr. Unsec’d. Notes, 144A, MTN, RegS		5.375			12/01/34	CAD	500		466,372
									2,656,970
Belgium    1.1%
Belgium Government Bond, Sr. Unsec’d. Notes, 144A, RegS		0.800			06/22/27	EUR	680		742,177
Belgium Government International Bond,
Sr. Unsec’d. Notes, RegS		9.375			02/21/20	GBP	2,302		3,682,848
Unsec’d. Notes, 144A, RegS		8.875			12/01/24		500		701,754
Unsec’d. Notes, MTN		5.000			04/24/18	GBP	2,850		3,851,605
Unsec’d. Notes, MTN		5.700			05/28/32	GBP	150		279,132
									9,257,516
Brazil    1.3%
Brazil Minas SPE via State of Minas Gerais, Gov’t. Gtd. Notes, RegS		5.333			02/15/28		2,800		2,765,000
Brazilian Government International Bond,
Sr. Unsec’d. Notes		2.875			04/01/21	EUR	1,000		1,141,043
Sr. Unsec’d. Notes		4.875			01/22/21		500		530,000
Unsec’d. Notes		11.000			06/26/17	EUR	2,744		3,035,851
Brazilian Loan Trust I, Gov’t. Gtd. Notes, RegS		5.477			07/24/23		1,623		1,655,726

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 9

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Brazil (cont’d.)
JBS USA LUX SA/JBS USA Finance, Inc.,
Gtd. Notes, 144A(g)		5.750	%		06/15/25		545	$	562,712
Gtd. Notes, 144A(g)		7.250			06/01/21		190		195,225
Petrobras Global Finance BV, Gtd. Notes		3.750			01/14/21	EUR	1,050		1,193,232
									11,078,789
Bulgaria    1.0%
Bulgaria Government International Bond,
Sr. Unsec’d. Notes, RegS		2.950			09/03/24	EUR	4,765		5,710,089
Sr. Unsec’d. Notes, RegS		4.250			07/09/17	EUR	500		549,416
Unsec’d. Notes, GMTN, RegS(a)		2.625			03/26/27	EUR	1,000		1,151,936
Unsec’d. Notes, GMTN, RegS(a)		3.125			03/26/35	EUR	1,000		1,111,087
									8,522,528
Canada    1.0%
Agrium, Inc., Sr. Unsec’d. Notes		6.125			01/15/41		25		29,555
Barrick Gold Corp., Sr. Unsec’d. Notes		5.250			04/01/42		35		38,650
Barrick North America Finance LLC, Gtd. Notes		5.700			05/30/41		45		52,038
Barrick PD Australia Finance Pty. Ltd., Gtd. Notes		5.950			10/15/39		50		58,691
Canadian Government Bond,
Unsec’d. Notes		1.750			09/01/19	CAD	600		449,917
Unsec’d. Notes		4.000			06/01/41	CAD	650		638,477
Canadian Pacific Railway Co., Sr. Unsec’d. Notes		6.500			05/15/18		77		80,620
City of Vancouver, Unsec’d. Notes		4.500			06/01/20	CAD	200		160,243
Hydro-Quebec, Local Gov’t.
Gtd. Notes		8.400			01/15/22		12		14,879
Gtd. Notes		8.625			06/15/29		600		886,666
Gtd. Notes		9.400			02/01/21		100		123,605
Municipal Finance Authority of British Columbia, Unsec’d. Notes		4.450			06/01/20	CAD	2,100		1,683,631
Province of British Columbia,
Unsec’d. Notes		3.200			06/18/44	CAD	200		151,890
Unsec’d. Notes		7.875			11/30/23	CAD	1,552		1,531,888
Province of Manitoba,
Sr. Unsec’d. Notes		2.125			06/22/26		100		94,677
Unsec’d. Notes		2.550			06/02/26	CAD	250		187,651
Province of Quebec,
Unsec’d. Notes		7.125			02/09/24		1,000		1,254,766
Unsec’d. Notes, MTN		6.350			01/30/26		100		124,165
Unsec’d. Notes, MTN		7.140	(c)		02/27/26		430		555,526
									8,117,535

See Notes to Financial Statements.

10

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Cayman Islands    0.2%
Cayman Islands Government Bond, Sr. Unsec’d. Notes, RegS		5.950	%		11/24/19		1,500	$	1,620,000
Chile    0.1%
Chile Government International Bond,
Sr. Unsec’d. Notes		1.625			01/30/25	EUR	100		115,956
Sr. Unsec’d. Notes		1.875			05/27/30	EUR	100		114,921
Sr. Unsec’d. Notes, RegS		1.750			01/20/26	EUR	240		278,190
									509,067
China    0.1%
Sinopec Group Overseas Development 2015 Ltd., Gtd. Notes, 144A		2.500			04/28/20		500		498,834
Colombia    0.9%
Colombia Government International Bond,
Sr. Unsec’d. Notes		4.000			02/26/24		1,000		1,033,500
Sr. Unsec’d. Notes		8.375			02/15/27		2,195		2,669,120
Sr. Unsec’d. Notes		10.375			01/28/33		800		1,208,000
Sr. Unsec’d. Notes		11.750			02/25/20		715		896,252
Sr. Unsec’d. Notes, EMTN		3.875			03/22/26	EUR	1,480		1,858,021
									7,664,893
Croatia    0.1%
Croatia Government International Bond, Sr. Unsec’d. Notes, RegS		3.875			05/30/22	EUR	1,000		1,186,358
Cyprus    1.7%
Cyprus Government International Bond,
Sr. Unsec’d. Notes, 144A, EMTN, RegS		4.625			02/03/20	EUR	4,197		4,998,344
Sr. Unsec’d. Notes, EMTN, RegS		3.750			07/26/23	EUR	4,700		5,393,696
Sr. Unsec’d. Notes, EMTN, RegS		4.250			11/04/25	EUR	825		970,926
Unsec’d. Notes, EMTN, RegS(a)		3.875			05/06/22	EUR	2,500		2,907,464
									14,270,430
Denmark    0.2%
Denmark Government Bond,
Unsec’d. Notes		1.750			11/15/25	DKK	3,520		579,067
Unsec’d. Notes		3.000			11/15/21	DKK	3,000		505,003
Unsec’d. Notes		4.500			11/15/39	DKK	1,800		445,813
									1,529,883

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 11

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Dominican Republic    0.5%
Dominican Republic International Bond,
Sr. Unsec’d. Notes, RegS		7.500	%		05/06/21		3,500	$	3,885,000
Sr. Unsec’d. Notes, RegS		9.040			01/23/18		131		135,356
									4,020,356
Finland    0.1%
Finland Government International Bond, Sr. Unsec’d. Notes		6.950			02/15/26		600		781,000
France    1.7%
BNP Paribas SA, Sr. Unsec’d. Notes, 144A, MTN		3.800			01/10/24		1,000		1,012,974
Caisse d’Amortissement de la Dette Sociale, Sr. Unsec’d. Notes, EMTN		4.450			10/26/18	CAD	700		536,491
Credit Agricole Assurances SA, Sub. Notes, RegS		4.250	(c)		01/29/49	EUR	2,000		2,260,606
Dexia Credit Local SA,
Gov’t. Liquid Gtd. Notes, 144A		1.875			09/15/21		2,000		1,938,896
Gov’t. Liquid Gtd. Notes, EMTN, RegS		1.125			02/24/19	GBP	400		522,168
Gov’t. Liquid Gtd. Notes, EMTN, RegS		2.000			01/22/21	EUR	1,000		1,164,726
France Government Bond OAT,
Unsec’d. Notes, RegS		0.500			05/25/26	EUR	350		375,064
Unsec’d. Notes, RegS		1.750			11/25/24	EUR	300		360,450
Unsec’d. Notes, RegS		3.500			04/25/26	EUR	4,000		5,451,402
Horizon Parent Holdings Sarl, Sr. Sec’d. Notes, PIK, 144A		8.250			02/15/22	EUR	300		343,800
									13,966,577
Germany    1.4%
Bundesobligation, Unsec’d. Notes, RegS		—	(ss)		10/08/21	EUR	2,500		2,781,933
Bundesrepublik Deutschland,
Unsec’d. Notes, RegS(a)		0.247	(s)		08/15/26	EUR	3,095		3,295,533
Unsec’d. Notes, RegS		0.500			02/15/26	EUR	340		381,766
Unsec’d. Notes, RegS		1.750			02/15/24	EUR	310		381,430
Douglas GmbH, Sr. Sec’d. Notes, RegS		6.250			07/15/22	EUR	750		890,634
IHO Verwaltungs GmbH,
Sr. Sec’d. Notes, PIK, 144A		3.250			09/15/23	EUR	480		543,884
Sr. Sec’d. Notes, PIK, 144A		3.750			09/15/26	EUR	465		525,742
Kreditanstalt fuer Wiederaufbau, Gov’t. Gtd. Notes		4.700			06/02/37	CAD	179		162,314
Techem Energy Metering Service GmbH & Co. KG, Sec’d. Notes, 144A, MTN		7.875			10/01/20	EUR	275		311,920
Techem GmbH, Sr. Sec’d. Notes, 144A		6.125			10/01/19	EUR	500		563,038
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH, Sr. Sec’d. Notes, RegS		4.000			01/15/25	EUR	350		401,081

See Notes to Financial Statements.

12

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Germany (cont’d.)
Volkswagen International Finance NV, Gtd. Notes, RegS		3.750	%(c)		12/31/49	EUR	1,000	$	1,146,446
									11,385,721
Greece    2.5%
Hellenic Republic Government Bond,
Sr. Unsec’d. Notes, 144A, RegS(a)		3.375			07/17/17	EUR	3,960		4,284,040
Sr. Unsec’d. Notes, 144A, RegS(a)		4.750			04/17/19	EUR	13,940		14,752,845
Sr. Unsec’d. Notes, RegS		3.000	(c)		02/24/23	EUR	1,045		980,753
Hellenic Republic Government International Bond, Sr. Unsec’d. Notes(g)		3.800			08/08/17	JPY	60,000		527,360
									20,544,998
Hong Kong    0.3%
Hong Kong SAR Government Bond, Unsec’d. Notes, RegS		5.125			07/23/19	HKD	5,000		697,946
Hong Kong Sukuk Ltd., Sr. Unsec’d. Notes, RegS		3.132			02/28/27		1,500		1,503,414
									2,201,360
Hungary    1.7%
Hungary Government Bond,
Unsec’d. Notes		3.000			10/27/27	HUF	300,000		1,021,880
Unsec’d. Notes		5.500			12/20/18	HUF	100,000		377,893
Hungary Government International Bond,
Sr. Unsec’d. Notes		2.110			10/26/17	JPY	100,000		895,841
Sr. Unsec’d. Notes		4.000			03/25/19		332		344,450
Sr. Unsec’d. Notes		5.375			02/21/23		2,850		3,162,360
Sr. Unsec’d. Notes		5.750			11/22/23		2,850		3,241,875
Sr. Unsec’d. Notes		6.250			01/29/20		3,200		3,508,442
Sr. Unsec’d. Notes		6.375			03/29/21		530		598,900
Sr. Unsec’d. Notes, RegS		5.750			06/11/18	EUR	500		580,546
MFB Magyar Fejlesztesi Bank Zrt, Gov’t. Gtd. Notes, RegS		6.250			10/21/20		400		440,076
									14,172,263
Iceland    0.3%
Iceland Government International Bond, Sr. Unsec’d. Notes, EMTN, RegS		2.500			07/15/20	EUR	2,006		2,337,881
India    0.1%
Export-Import Bank of India, Sr. Unsec’d. Notes, EMTN, RegS		5.760			04/05/18	AUD	1,000		765,393

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 13

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Indonesia    1.4%
Indonesia Government International Bond,
Sr. Unsec’d. Notes, 144A		3.375	%		07/30/25	EUR	2,300	$	2,682,285
Sr. Unsec’d. Notes, 144A, MTN		3.750			06/14/28	EUR	1,200		1,401,802
Sr. Unsec’d. Notes, MTN, RegS		2.875			07/08/21	EUR	546		634,310
Sr. Unsec’d. Notes, MTN, RegS		3.750			06/14/28	EUR	2,020		2,359,700
Sr. Unsec’d. Notes, RegS		3.375			07/30/25	EUR	2,705		3,154,601
Majapahit Holding BV, Gtd. Notes, RegS		7.750			01/20/20		800		901,600
Pertamina Persero PT, Sr. Unsec’d. Notes, 144A, MTN		4.300			05/20/23		500		514,420
									11,648,718
Ireland    0.2%
CRH America, Inc., Gtd. Notes		8.125			07/15/18		110		118,200
Ireland Government Bond, Unsec’d. Notes, RegS		2.400			05/15/30	EUR	1,200		1,477,610
									1,595,810
Italy    2.9%
Italy Buoni Poliennali Del Tesoro,
Sr. Unsec’d. Notes		0.650			10/15/23	EUR	2,000		2,071,353
Sr. Unsec’d. Notes		1.350			04/15/22	EUR	535		592,180
Sr. Unsec’d. Notes		2.000			12/01/25	EUR	1,330		1,449,732
Sr. Unsec’d. Notes		6.500			11/01/27	EUR	2,695		4,081,192
Sr. Unsec’d. Notes, RegS		4.500			03/01/26	EUR	8,545		11,142,847
Italy Government International Bond,
Sr. Unsec’d. Notes		5.375			06/12/17		600		603,262
Sr. Unsec’d. Notes, EMTN		5.200			07/31/34	EUR	250		341,796
Sr. Unsec’d. Notes, EMTN, RegS		5.250			12/07/34	GBP	572		875,452
Sr. Unsec’d. Notes, EMTN, RegS		6.000			08/04/28	GBP	461		738,324
Sr. Unsec’d. Notes, MTN		5.375			06/15/33		590		642,845
Moby SpA, Sr. Sec’d. Notes, 144A		7.750			02/15/23	EUR	450		506,852
Telecom Italia SpA, Sr. Unsec’d. Notes, EMTN		5.875			05/19/23	GBP	500		728,551
									23,774,386
Japan    3.3%
Japan Bank for International Cooperation, Gov’t. Gtd. Notes		2.250			02/24/20		600		601,973
Japan Finance Organization for Municipalities,
Gov’t. Gtd. Notes, EMTN		5.750			08/09/19	GBP	400		575,164
Sr. Unsec’d. Notes, 144A, MTN(a)		2.125			04/13/21		1,000		982,982
Sr. Unsec’d. Notes, EMTN, RegS		1.375			02/05/18		1,000		996,268
Sr. Unsec’d. Notes, EMTN, RegS		1.500			09/12/17		1,000		999,040
Sr. Unsec’d. Notes, MTN, RegS		2.125			02/12/21		600		590,731

See Notes to Financial Statements.

14

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Japan (cont’d.)
Japan Finance Organization for Municipalities, (cont’d.)
Sr. Unsec’d. Notes, MTN, RegS		2.125	%		04/13/21		1,200	$	1,179,578
Sr. Unsec’d. Notes, MTN, RegS		2.500			09/12/18		2,000		2,012,390
Japan Government Twenty Year Bond,
Sr. Unsec’d. Notes		0.200			06/20/36	JPY	450,000		3,794,048
Sr. Unsec’d. Notes		0.400			03/20/36	JPY	100,000		878,071
Sr. Unsec’d. Notes		0.600			12/20/36	JPY	665,000		6,011,695
Sr. Unsec’d. Notes(hh)		1.400			09/20/34	JPY	145,000		1,510,875
Sr. Unsec’d. Notes		1.500			06/20/34	JPY	50,000		528,464
Sr. Unsec’d. Notes		1.800			12/20/31	JPY	148,000		1,620,386
Japan International Cooperation Agency, Gov’t. Gtd. Notes, RegS		1.875			11/13/19		2,000		1,989,350
Tokyo Metropolitan Government,
Sr. Unsec’d. Notes, RegS		1.625			06/06/18		1,000		998,039
Sr. Unsec’d. Notes, RegS		2.000			05/17/21		1,000		978,740
Sr. Unsec’d. Notes, RegS		2.125			05/19/20		1,000		994,300
									27,242,094
Kuwait    0.3%
Kuwait International Government Bond, Sr. Unsec’d. Notes, 144A		2.750			03/20/22		2,050		2,068,450
Lithuania    0.4%
Lithuania Government International Bond,
Sr. Unsec’d. Notes, RegS		6.125			03/09/21		2,100		2,372,748
Sr. Unsec’d. Notes, RegS		6.625			02/01/22		200		235,056
Sr. Unsec’d. Notes, RegS		7.375			02/11/20		545		620,118
									3,227,922
Luxembourg    0.1%
B&M European Value Retail SA, Sr. Sec’d. Notes, 144A, MTN		4.125			02/01/22	GBP	400		539,880
Macedonia    0.1%
Macedonia Government International Bond, Sr. Unsec’d. Notes, 144A		3.975			07/24/21	EUR	500		555,816
Malaysia    0.1%
Malaysia Government Bond, Sr. Unsec’d. Notes		4.048			09/30/21	MYR	5,015		1,168,686

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 15

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Mexico    2.3%
Cemex Finance LLC,
Sr. Sec’d. Notes, 144A		9.375	%		10/12/22		575	$	618,844
Sr. Sec’d. Notes, RegS		9.375			10/12/22		750		807,187
Mexican Bonos, Sr. Unsec’d. Notes		8.000			06/11/20	MXN	39,000		2,127,725
Mexico Government International Bond,
Sr. Unsec’d. Notes		1.875			02/23/22	EUR	1,400		1,582,225
Sr. Unsec’d. Notes(a)		2.750			04/22/23	EUR	3,275		3,847,149
Sr. Unsec’d. Notes		4.000			03/15/2115	EUR	450		440,652
Sr. Unsec’d. Notes, EMTN		2.375			04/09/21	EUR	100		116,073
Sr. Unsec’d. Notes, EMTN(g)		5.625			03/19/2114	GBP	200		262,408
Sr. Unsec’d. Notes, GMTN		1.625			03/06/24	EUR	400		435,938
Sr. Unsec’d. Notes, GMTN		3.000			03/06/45	EUR	500		490,730
Sr. Unsec’d. Notes, GMTN		5.500			02/17/20	EUR	100		124,211
Sr. Unsec’d. Notes, GMTN		6.750			02/06/24	GBP	840		1,328,738
Sr. Unsec’d. Notes, GMTN		11.000			05/08/17	ITL	250,000		140,082
Petroleos Mexicanos,
Gtd. Notes, EMTN, RegS(a)		3.750			04/16/26	EUR	700		761,338
Gtd. Notes, EMTN, RegS		5.125			03/15/23	EUR	2,700		3,268,429
Gtd. Notes, EMTN, RegS		8.250			06/02/22	GBP	928		1,460,522
Gtd. Notes, RegS		3.125			11/27/20	EUR	900		1,031,739
									18,843,990
Netherlands    1.4%
ABN AMRO Bank NV, Sub. Notes, 144A		4.750			07/28/25		1,400		1,462,079
Bank Nederlandse Gemeenten NV,
Sr. Unsec’d. Notes		0.500			05/12/21	ZAR	10,000		539,010
Sr. Unsec’d. Notes		5.150			03/07/25	CAD	1,000		875,382
Sr. Unsec’d. Notes, 144A, MTN		2.375			02/01/22		1,600		1,616,280
Sr. Unsec’d. Notes, EMTN		0.500			03/03/21	NZD	2,000		1,215,329
Sr. Unsec’d. Notes, EMTN		7.000			12/09/21	AUD	2,000		1,751,192
Sr. Unsec’d. Notes, EMTN, RegS		0.500			06/07/22	ZAR	10,000		492,285
Sr. Unsec’d. Notes, MTN(g)		3.184	(s)		04/05/28	CAD	700		371,258
Sr. Unsec’d. Notes, MTN		5.500			05/23/22	AUD	338		284,937
Sr. Unsec’d. Notes, RegS		0.500			06/22/21	ZAR	6,000		311,980
ING Groep NV, Sr. Unsec’d. Notes		3.950			03/29/27		500		512,059
Nederlandse Waterschapsbank NV, Sr. Unsec’d. Notes, 144A, MTN		2.250			03/02/22		800		802,225
Ziggo Bond Finance BV, Sr. Unsec’d. Notes, RegS		4.625			01/15/25	EUR	750		859,458
									11,093,474

See Notes to Financial Statements.

16

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
New Zealand    0.6%
Auckland Council, Sr. Sec’d. Notes, RegS		3.500	%		03/09/26	AUD	1,000	$	747,719
New Zealand Government Bond, Sr. Unsec’d. Notes, RegS		4.500			04/15/27	NZD	1,500		1,155,847
New Zealand Local Government Funding Agency,
Sr. Unsec’d. Notes		2.750			04/15/25	NZD	1,800		1,153,823
Sr. Unsec’d. Notes		4.500			04/15/27	NZD	1,800		1,294,987
Sr. Unsec’d. Notes		6.000			05/15/21	NZD	500		381,924
									4,734,300
Norway    0.6%
City of Oslo,
Sr. Unsec’d. Notes		3.600			12/06/22	NOK	1,000		125,313
Sr. Unsec’d. Notes		3.650			11/08/23	NOK	9,000		1,132,642
Unsec’d. Notes		4.900			11/04/19	NOK	5,000		626,217
Kommunalbanken AS, Sr. Unsec’d. Notes, MTN		5.125			05/14/21	NZD	2,850		2,086,953
Silk Bidco AS, Sr. Sec’d. Notes, RegS		7.500			02/01/22	EUR	750		876,206
									4,847,331
Panama    0.3%
Panama Government International Bond,
Sr. Unsec’d. Notes		4.000			09/22/24		400		419,600
Sr. Unsec’d. Notes		5.200			01/30/20		800		864,000
Sr. Unsec’d. Notes		8.125			04/28/34		138		185,610
Sr. Unsec’d. Notes		9.375			01/16/23		622		800,825
Sr. Unsec’d. Notes		10.750			05/15/20		275		340,312
									2,610,347
Peru    0.8%
Peru Enhanced Pass-Through Finance Ltd.,
Pass-Through Certificates, 144A		1.426	(s)		05/31/18		975		956,917
Pass-Through Certificates, RegS		2.933	(s)		06/02/25		1,000		835,000
Peruvian Government International Bond,
Sr. Unsec’d. Notes		2.750			01/30/26	EUR	2,720		3,277,854
Sr. Unsec’d. Notes		3.750			03/01/30	EUR	1,400		1,782,140
									6,851,911
Poland    1.0%
Poland Government Bond,
Unsec’d. Notes		1.750			07/25/21	PLN	2,000		496,133
Unsec’d. Notes		2.500			07/25/27	PLN	8,000		1,897,298
Unsec’d. Notes		3.250			07/25/19	PLN	1,000		264,152
Unsec’d. Notes		3.250			07/25/25	PLN	5,050		1,303,143

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 17

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Poland (cont’d.)
Poland Government International Bond,
Sr. Unsec’d. Notes		3.000	%		03/17/23		3,015	$	3,019,342
Sr. Unsec’d. Notes		5.000			03/23/22		1,140		1,253,601
									8,233,669
Portugal    2.1%
Portugal Government International Bond, Sr. Unsec’d. Notes, MTN, RegS		5.125			10/15/24		3,700		3,611,755
Portugal Obrigacoes do Tesouro OT,
Sr. Unsec’d. Notes, 144A, RegS		3.875			02/15/30	EUR	2,600		2,819,800
Sr. Unsec’d. Notes, 144A, RegS		5.650			02/15/24	EUR	8,375		10,726,034
									17,157,589
Romania    1.0%
Romanian Government International Bond,
Sr. Unsec’d. Notes, 144A, MTN		2.375			04/19/27	EUR	2,800		3,033,450
Sr. Unsec’d. Notes, EMTN, RegS		3.625			04/24/24	EUR	730		896,596
Sr. Unsec’d. Notes, MTN, RegS		3.875			10/29/35	EUR	400		457,550
Sr. Unsec’d. Notes, MTN, RegS		6.750			02/07/22		300		347,940
Sr. Unsec’d. Notes, RegS		6.500			06/18/18	EUR	1,000		1,169,064
Unsec’d. Notes, 144A		2.875			05/26/28	EUR	1,100		1,232,668
Unsec’d. Notes, MTN, RegS		2.875			05/26/28	EUR	700		784,425
									7,921,693
Russia    0.1%
Russia Foreign Bond, Sr. Unsec’d. Notes, RegS(a)		4.500			04/04/22		1,000		1,070,080
Saudi Arabia    0.3%
KSA Sukuk Ltd., Sr. Unsec’d. Notes, 144A, MTN		2.894			04/20/22		1,500		1,499,949
Saudi Government International Bond, Sr. Unsec’d. Notes, 144A, MTN		2.375			10/26/21		1,200		1,179,048
									2,678,997
Singapore    0.1%
Singapore Government Bond, Sr. Unsec’d. Notes		3.000			09/01/24	SGD	500		383,280
Temasek Financial I Ltd., Gtd. Notes, GMTN		3.265			02/19/20	SGD	500		374,126
									757,406
Slovak Republic    0.3%
Slovakia Government International Bond, Sr. Unsec’d. Notes, RegS		2.125			10/16/23	CHF	2,000		2,273,367

See Notes to Financial Statements.

18

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Slovenia    1.3%
Slovenia Government International Bond,
Sr. Unsec’d. Notes, RegS		4.750	%		05/10/18		1,500	$	1,548,750
Sr. Unsec’d. Notes, RegS		5.500			10/26/22		4,140		4,710,542
Sr. Unsec’d. Notes, RegS		5.850			05/10/23		3,515		4,082,996
									10,342,288
South Africa    0.5%
Sappi Papier Holding GmbH, Gtd. Notes, RegS		3.375			04/01/22	EUR	600		674,495
South Africa Government Bond,
Sr. Unsec’d. Notes		6.750			03/31/21	ZAR	10,000		724,722
Unsec’d. Notes		7.000			02/28/31	ZAR	1,800		112,219
Unsec’d. Notes		10.500			12/21/26	ZAR	5,000		417,605
South Africa Government International Bond, Sr. Unsec’d. Notes		3.750			07/24/26	EUR	1,000		1,131,502
ZAR Sovereign Capital Fund Propriety Ltd., Sr. Unsec’d. Notes, 144A		3.903			06/24/20		1,000		1,010,898
									4,071,441
South Korea    0.5%
Export-Import Bank of Korea,
Sr. Unsec’d. Notes, EMTN		5.375			09/12/19	AUD	1,000		790,321
Sr. Unsec’d. Notes, EMTN, RegS		3.500			09/26/19	AUD	100		75,018
Sr. Unsec’d. Notes, EMTN, RegS		4.430			09/14/18	AUD	2,318		1,758,665
Sr. Unsec’d. Notes, MTN, RegS		2.711			12/05/19	CAD	200		150,257
Sr. Unsec’d. Notes, MTN, RegS		3.500			07/28/21	NZD	1,500		1,015,659
Sr. Unsec’d. Notes, RegS		5.125			10/15/19	NZD	200		142,309
Korea International Bond, Sr. Unsec’d. Notes, RegS		2.125			06/10/24	EUR	100		117,892
									4,050,121
Spain    4.5%
Adif-Alta Velocidad, Sr. Unsec’d. Notes, EMTN, RegS		1.875			01/28/25	EUR	300		336,904
Banco Santander SA, Sr. Unsec’d. Notes		3.500			04/11/22		800		808,187
Instituto de Credito Oficial,
Gov’t. Gtd. Notes, 144A		1.625			09/14/18		1,000		994,824
Gov’t. Gtd. Notes, EMTN		3.250			06/28/24	CHF	300		358,040
Gov’t. Gtd. Notes, EMTN		5.000			03/31/20	CAD	1,800		1,422,897
Spain Government Bond,
Sr. Unsec’d. Notes(hh)		1.400			01/31/20	EUR	1,800		2,045,005
Sr. Unsec’d. Notes(hh)		2.750			04/30/19	EUR	1,150		1,327,842
Sr. Unsec’d. Notes, 144A, RegS(hh)		3.800			04/30/24	EUR	2,400		3,105,940
Sr. Unsec’d. Notes, 144A, RegS		4.650			07/30/25	EUR	12,750		17,458,620

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 19

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Spain (cont’d.)
Spain Government Bond, (cont’d.)
Sr. Unsec’d. Notes, 144A, RegS		5.150	%		10/31/28	EUR	600	$	877,790
Sr. Unsec’d. Notes, 144A, RegS(hh)		5.850			01/31/22	EUR	3,705		5,085,325
Unsec’d. Notes, 144A, RegS(hh)		1.600			04/30/25	EUR	300		334,793
Spain Government International Bond, Sr. Unsec’d. Notes, EMTN		5.250			04/06/29	GBP	2,043		3,141,554
									37,297,721
Supranational Bank    3.2%
African Development Bank,
Sr. Unsec’d. Notes, EMTN		0.500			09/29/20	AUD	445		306,267
Sr. Unsec’d. Notes, EMTN		0.500			09/21/21	NZD	1,500		909,586
Corp. Andina de Fomento,
Sr. Unsec’d. Notes		2.125			09/27/21		4,000		3,957,600
Sr. Unsec’d. Notes, EMTN, RegS		1.875			05/29/21	EUR	400		462,338
Sr. Unsec’d. Notes, MTN		4.000			03/31/21	AUD	1,636		1,251,240
Sr. Unsec’d. Notes, MTN		6.250			11/08/23	AUD	685		587,103
EUROFIMA,
Sr. Unsec’d. Notes, EMTN		5.150			12/13/19	CAD	540		433,005
Sr. Unsec’d. Notes, MTN, RegS		6.250			12/28/18	AUD	1,300		1,037,140
European Bank for Reconstruction & Development,
Sr. Unsec’d. Notes, EMTN		0.500			09/01/23	AUD	400		247,882
Sr. Unsec’d. Notes, EMTN		0.500			11/21/23	AUD	1,200		745,242
European Investment Bank,
Sr. Unsec’d. Notes, 144A, MTN		4.600			01/30/37	CAD	500		437,838
Sr. Unsec’d. Notes, EMTN		0.500			06/21/23	AUD	2,500		1,597,260
Sr. Unsec’d. Notes, EMTN		0.500			10/26/23	AUD	6,930		4,255,022
Sr. Unsec’d. Notes, EMTN		3.250			05/24/23	NOK	10,000		1,269,043
Sr. Unsec’d. Notes, EMTN, RegS		0.500			07/21/23	AUD	800		507,267
Sr. Unsec’d. Notes, EMTN, RegS		0.500			08/10/23	AUD	1,210		752,749
Sr. Unsec’d. Notes, EMTN, RegS		1.250			05/12/25	SEK	16,500		1,899,055
Sr. Unsec’d. Notes, MTN, RegS		4.600			01/30/37	CAD	150		133,019
Inter-American Development Bank,
Sr. Unsec’d. Notes, EMTN		0.500			05/23/23	CAD	744		499,945
Unsec’d. Notes, EMTN, RegS		0.500			10/30/20	ZAR	2,250		127,834
Unsec’d. Notes, EMTN, RegS		0.500			11/30/20	ZAR	1,840		102,982
International Bank for Reconstruction & Development,
Sr. Unsec’d. Notes, MTN		0.500			07/29/22	AUD	350		229,578
Unsec’d. Notes, MTN		0.500			03/07/22	AUD	1,145		761,365
Unsec’d. Notes, MTN		0.500			03/28/22	AUD	200		133,398
International Finance Corp., Sr. Unsec’d. Notes, EMTN		0.500			09/13/19	AUD	2,000		1,413,967
Nordic Investment Bank, Sr. Unsec’d. Notes, MTN		3.875			09/02/25	NZD	2,000		1,377,033
North American Development Bank, Sr. Unsec’d. Notes		2.400			10/26/22		750		735,338
									26,170,096

See Notes to Financial Statements.

20

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
Sweden    0.6%
Kommuninvest I Sverige AB,
Local Gov’t. Gtd. Notes, EMTN, RegS		1.500	%		05/12/25	SEK	7,000	$	815,203
Local Gov’t. Gtd. Notes, MTN		4.750			08/17/22	AUD	200		162,719
Local Gov’t. Gtd. Notes, MTN, RegS		1.625			01/22/20	CAD	4,000		2,953,386
Swedish Export Credit Corp.,
Sr. Unsec’d. Notes, EMTN, RegS		4.910			04/23/19	NZD	985		689,416
Sr. Unsec’d. Notes, RegS		3.760			05/28/19	AUD	787		598,034
									5,218,758
Switzerland    0.5%
Credit Suisse Group Funding Guernsey Ltd.,
Gtd. Notes		3.800			06/09/23		970		989,345
Gtd. Notes		4.550			04/17/26		500		524,715
Gtd. Notes, EMTN		1.000			04/14/23	CHF	1,000		1,027,135
UBS Group Funding Switzerland AG,
Gtd. Notes, 144A		3.491			05/23/23		1,100		1,116,973
Gtd. Notes, 144A		4.253			03/23/28		500		515,122
									4,173,290
Turkey    0.6%
Turkey Government International Bond,
Sr. Unsec’d. Notes		4.350			11/12/21	EUR	2,500		2,958,814
Sr. Unsec’d. Notes		5.875			04/02/19	EUR	247		294,359
Sr. Unsec’d. Notes		7.000			06/05/20		1,800		1,980,540
									5,233,713
United Kingdom    5.3%
Arrow Global Finance PLC, Sr. Sec’d. Notes, 144A		5.125			09/15/24	GBP	230		311,868
Bank of England Euro Note, Sr. Unsec’d. Notes, 144A, MTN		1.750			03/06/20		2,400		2,404,500
Barclays PLC, Sr. Unsec’d. Notes		4.337			01/10/28		800		815,495
CPUK Finance Ltd., Sec’d. Notes, 144A		7.000			02/28/42	GBP	500		680,001
HSBC Holdings PLC,
Sr. Unsec’d. Notes		4.041	(c)		03/13/28		1,255		1,282,444
Sr. Unsec’d. Notes		5.100			04/05/21		85		92,799
Jaguar Land Rover Automotive PLC,
Gtd. Notes, 144A		2.200			01/15/24	EUR	190		206,740
Gtd. Notes, RegS		3.875			03/01/23	GBP	700		940,859
Leeds Building Society, Sr. Unsec’d. Notes, EMTN, RegS		1.375			05/05/22	EUR	2,250		2,465,157
Pentair Finance SA, Gtd. Notes		2.450			09/17/19	EUR	250		285,958
Royal Bank of Scotland Group PLC, Sr. Unsec’d. Notes, EMTN, RegS		2.500			03/22/23	EUR	1,500		1,699,411

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 21

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
FOREIGN BONDS (Continued)
United Kingdom (cont’d.)
Santander UK Group Holdings PLC, Sr. Unsec’d. Notes		3.571	%		01/10/23		1,065	$	1,075,580
Tesco Corporate Treasury Services PLC, Gtd. Notes, EMTN, RegS		2.500			07/01/24	EUR	750		837,690
United Kingdom Gilt,
Unsec’d. Notes, RegS		1.500			07/22/26	GBP	1,500		2,024,850
Unsec’d. Notes, RegS		2.000			09/07/25	GBP	100		141,140
Unsec’d. Notes, RegS(k)		3.250			01/22/44	GBP	320		544,992
Unsec’d. Notes, RegS		3.500			01/22/45	GBP	3,080		5,509,509
Unsec’d. Notes, RegS(k)		4.250			03/07/36	GBP	7,930		14,608,484
Unsec’d. Notes, RegS		4.250			09/07/39	GBP	2,130		4,046,084
Urenco Finance NV, Gtd. Notes, EMTN, RegS		2.250			08/05/22	EUR	2,250		2,632,004
Virgin Media Sec’d. Finance PLC, Sr. Sec’d. Notes, RegS		5.500			01/15/25	GBP	495		676,387
									43,281,952
Uruguay    0.1%
Uruguay Government International Bond,
Sr. Unsec’d. Notes		4.375			10/27/27		1,000		1,050,000
Sr. Unsec’d. Notes		7.000			06/28/19	EUR	119		144,702
									1,194,702
TOTAL FOREIGN BONDS (cost $451,034,767)									446,958,767
ASSET-BACKED SECURITIES    10.9%
Collateralized Loan Obligations    5.3%
Adams Mill CLO Ltd. (Cayman Islands), Series 2014-1A, Class A1, 144A		2.638	(c)		07/15/26		1,250		1,250,301
AIMCO CLO (Cayman Islands), Series 2014-AA, Class B1, 144A		3.156	(c)		07/20/26		3,000		2,991,587
Avery Point CLO Ltd. (Cayman Islands), Series 2014-5A, Class A, 144A		2.618	(c)		07/17/26		1,500		1,502,462
Ballyrock CLO Ltd. (Cayman Islands), Series 2016-1A, Class A, 144A		2.748	(c)		10/15/28		3,000		3,037,661
Battalion CLO Ltd. (Cayman Islands), Series 2014-6A, Class A1R, 144A		2.338	(c)		10/17/26		1,350		1,350,000
Brookside Mill CLO Ltd. (Cayman Islands), Series 2013-1A, Class B1, 144A		2.908	(c)		04/17/25		3,000		3,000,492
Canyon Capital CLO Ltd. (Cayman Islands), Series 2015-1A, Class AS, 144A		2.408	(c)		04/15/29		3,750		3,750,000
Carlyle Global Markets Strategies Euro CLO Ltd., Series 2013-2A, Class A2BR, 144A		2.310			10/15/26	EUR	5,000		5,437,186

See Notes to Financial Statements.

22

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
ASSET-BACKED SECURITIES (Continued)
Collateralized Loan Obligations (cont’d.)
Catamaran CLO Ltd. (Cayman Islands), Series 2014-1A, Class A2, 144A		2.956	%(c)		04/20/26		5,000	$	5,004,555
Flagship CLO Ltd. (Cayman Islands), Series 2014-8A, Class AR, 144A		2.408	(c)		01/16/26		3,000		3,001,534
KVK CLO Ltd. (Cayman Islands), Series 2014-1A, Class A1R, 144A		2.339	(c)		05/15/26		3,500		3,500,754
Regatta Funding Ltd. (Cayman Islands), Series 2016-1A, Class A1, 144A		2.672	(c)		12/20/28		2,000		2,002,968
Sound Point CLO Ltd. (Cayman Islands), Series 2016-2A, Class A, 144A		2.816	(c)		10/20/28		1,000		1,005,800
St. Paul’s CLO (Netherlands), Series 2007-A, Class B2, 144A		2.400			04/30/30	EUR	1,000		1,104,254
TIAA CLO Ltd. (Cayman Islands), Series 2016-1A, Class A, 144A		2.856	(c)		07/20/28		2,000		2,002,639
Trinitas CLO Ltd. (Cayman Islands), Series 2016-5A, Class A, 144A		2.856	(c)		10/25/28		3,000		3,013,565
West CLO Ltd. (Cayman Islands), Series 2012-1A, Class B, 144A		4.439	(c)		10/30/23		1,000		999,879
									43,955,637
Non-Residential Mortgage-Backed Securities    1.4%
Lendmark Funding Trust, Series 2016-2A, Class A, 144A		3.260			04/21/25		400		399,830
OneMain Direct Auto Receivables Trust,
Series 2016-1A, Class C, 144A		4.580			09/15/21		800		814,529
Series 2017-1A, Class C, 144A		3.910			08/16/21		1,900		1,901,898
OneMain Financial Issuance Trust,
Series 2015-2A, Class A, 144A		2.570			07/18/25		1,700		1,702,899
Series 2015-2A, Class C, 144A		4.320			07/18/25		1,000		999,850
Series 2016-1A, Class A, 144A		3.660			02/20/29		1,000		1,018,915
Series 2016-2A, Class A, 144A		4.100			03/20/28		1,000		1,023,799
Oportun Funding IV LLC, Series 2016-C, Class A, 144A		3.280			11/08/21		1,100		1,090,845
SpringCastle America Funding LLC, Series 2016-AA, Class A, 144A		3.050			04/25/29		1,601		1,609,760
Springleaf Funding Trust, Series 2015-AA, Class A, 144A		3.160			11/15/24		1,000		1,011,044
									11,573,369
Residential Mortgage-Backed Securities    4.2%
ACE Securities Corp. Home Equity Loan Trust,
Series 2004-FM1, Class M1		1.891	(c)		09/25/33		444		434,396
Series 2005-HE2, Class M4		1.951	(c)		04/25/35		1,000		982,709

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 23

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
ASSET-BACKED SECURITIES (Continued)
Residential Mortgage-Backed Securities (cont’d.)
Ameriquest Mortgage Securities, Inc., Asset-Backed Pass-Through Certificates,
Series 2002-2, Class M3		3.646	%(c)		08/25/32		831	$	822,074
Series 2002-3, Class M3		3.841	(c)		08/25/32		411		389,242
Series 2004-R8, Class M1		1.951	(c)		09/25/34		223		221,285
Argent Securities, Inc., Asset-Backed Pass-Through Certificates,
Series 2004-W6, Class M1		1.816	(c)		05/25/34		86		82,439
Series 2005-W2, Class A2C		1.351	(c)		10/25/35		880		861,416
Asset-Backed Funding Certificates, Series 2004-OPT5, Class A1		1.691	(c)		06/25/34		1,017		962,165
Asset-Backed Securities Corp. Home Equity Loan Trust, Series 2004-HE1, Class M1		2.044	(c)		01/15/34		850		831,127
Bayview Opportunity Master Fund IIIa Trust, Series 2016-RN3, Class A1, 144A		3.598			09/29/31		310		309,224
Bear Stearns Asset-Backed Securities Trust,
Series 2004-HE2, Class M1		1.891	(c)		03/25/34		218		209,516
Series 2004-HE3, Class M2		2.716	(c)		04/25/34		247		232,180
Chase Funding Loan Acquisition Trust, Series 2004-AQ1, Class A2		1.791	(c)		05/25/34		311		300,081
Chase Funding Trust, Series 2003-4, Class 2A2		1.591	(c)		05/25/33		1,243		1,157,953
CHEC Loan Trust, Series 2004-1, Class A3		1.991	(c)		07/25/34		1,063		1,034,519
CIT Mortgage Loan Trust, Series 2007-1, Class 1A, 144A		2.341	(c)		10/25/37		1,895		1,881,601
Countrywide Asset-Backed Certificates, Series 2002-5, Class MV1		2.491	(c)		03/25/33		134		131,046
Credit Suisse Mortgage Trust, Series 2016-RPL1, Class A1, 144A		3.934	(c)		12/26/46		2,152		2,142,287
EquiFirst Mortgage Loan Trust, Series 2004-1, Class 1A1		1.471	(c)		01/25/34		991		919,391
Finance America Mortgage Loan Trust, Series 2004-2, Class M1		1.816	(c)		08/25/34		764		724,052
Fremont Home Loan Trust,
Series 2004-1, Class M1		1.666	(c)		02/25/34		413		385,620
Series 2004-B, Class M1		1.861	(c)		05/25/34		802		743,855
GSAMP Trust,
Series 2004-FM1, Class M1		1.966	(c)		11/25/33		678		642,826
Series 2005-HE5, Class M1		1.411	(c)		11/25/35		350		348,114
Home Equity Asset Trust,
Series 2004-3, Class M1		1.846	(c)		08/25/34		450		417,514
Series 2005-9, Class 2A4		1.331	(c)		04/25/36		455		448,671
HSBC Home Equity Loan Trust U.S.A., Series 2007-2, Class A4		1.278	(c)		07/20/36		155		154,696

See Notes to Financial Statements.

24

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
ASSET-BACKED SECURITIES (Continued)
Residential Mortgage-Backed Securities (cont’d.)
Long Beach Mortgage Loan Trust,
Series 2003-4, Class AV1		1.611	%(c)		08/25/33		853	$	796,857
Series 2004-3, Class M1		1.846	(c)		07/25/34		201		193,997
MASTR Asset-Backed Securities Trust,
Series 2003-OPT1, Class M2		3.766	(c)		12/25/32		874		860,098
Series 2004-OPT2, Class A1		1.691	(c)		09/25/34		2,362		2,204,147
Series 2004-WMC2, Class M1		1.891	(c)		04/25/34		2,551		2,442,208
Merrill Lynch Mortgage Investors Trust, Series 2004-HE2, Class M1		2.191	(c)		08/25/35		117		111,873
Morgan Stanley ABS Capital I, Inc. Trust,
Series 2003-NC8, Class M1		2.041	(c)		09/25/33		195		187,216
Series 2004-NC1, Class M1		2.041	(c)		12/27/33		225		219,191
Series 2004-OP1, Class M1		1.861	(c)		11/25/34		2,378		2,224,876
Series 2004-WMC1, Class M1		1.921	(c)		06/25/34		367		356,988
Series 2004-WMC2, Class M1		1.906	(c)		07/25/34		140		134,520
Morgan Stanley Dean Witter Capital I, Inc. Trust, Series 2002-AM3, Class A3		1.971	(c)		02/25/33		256		242,595
New Century Home Equity Loan Trust,
Series 2003-4, Class M1		2.116	(c)		10/25/33		250		241,626
Series 2005-C, Class A2C		1.241	(c)		12/25/35		266		263,968
Option One Mortgage Acceptance Corp., Asset-Backed Certificates, Series 2003-6, Class A2		1.651	(c)		11/25/33		947		869,166
Popular ABS Mortgage Pass-Through Trust, Series 2004-4, Class M1		4.543			09/25/34		110		104,008
Structured Asset Investment Loan Trust, Series 2003-BC3, Class M1		2.416	(c)		04/25/33		873		862,526
Structured Asset Investment Loan Trust (Cayman Islands), Series 2003-BC9, Class 2A		1.941	(c)		08/25/33		2,218		2,099,233
Structured Asset Investment Loan Trust,
Series 2004-2, Class A4		1.696	(c)		03/25/34		804		743,824
Series 2004-8, Class A8		1.991	(c)		09/25/34		376		359,900
Structured Asset Securities Corp. Mortgage Loan Trust, Series 2005-NC2, Class M3		1.421	(c)		05/25/35		404		396,641
VOLT XLIV LLC, Series 2016-NPL4, Class A1, 144A		4.250			04/25/46		644		650,298
									34,335,755
TOTAL ASSET-BACKED SECURITIES (cost $88,096,843)									89,864,761
BANK LOANS(c)    0.2%
Consumer    0.0%
OGF SA (France), Private Placement		3.750			10/30/20	EUR	232		253,933
Financials    0.1%
Scandlines GmbH (Germany)		4.250			12/03/20	EUR	314		345,355

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 25

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
BANK LOANS(c) (Continued)
Gaming    0.0%
CCM Merger, Inc.^		4.243	%		08/06/21		96	$	96,171
Hotels, Resorts & Cruise Lines    0.1%
Parkdean Resorts Holdco Ltd. (United Kingdom)		4.504			03/03/24	GBP	400		523,817
Technology    0.0%
First Data Corp.		4.121			07/10/22		280		281,227
TOTAL BANK LOANS (cost $1,599,265)									1,500,503
COMMERCIAL MORTGAGE-BACKED SECURITIES    5.6%
Citigroup Commercial Mortgage Trust,
Series 2014-GC21, Class XB, IO		0.490	(c)		05/10/47		27,500		779,647
Series 2016-GC37, Class XB, IO		0.854	(c)		04/10/49		33,868		1,777,413
Series 2016-P4, Class XB, IO		1.507	(c)		07/10/49		9,100		913,615
COMM Mortgage Trust,
Series 2012-CR1, Class XA, IO		2.062	(c)		05/15/45		3,721		287,899
Series 2014-CR19, Class A3		3.530			08/10/47		1,000		1,038,265
Series 2014-UBS4, Class XB, IO, 144A		0.284	(c)		08/10/47		50,000		708,115
DBJPM Mortgage Trust, Series 2016-C3, Class A3		2.362			09/10/49		1,500		1,442,407
DBWF Mortgage Trust, Series 2016-85T, Class E, 144A (original cost $2,691,617; purchased 12/09/16)(f)(g)		3.935	(c)		12/10/36		3,000		2,807,239
Eleven Madison Trust Mortgage Trust, Series 2015-11MD, Class C, 144A		3.673	(c)		09/10/35		500		502,538
FHLMC Multifamily Structured Pass-Through Certificates,
Series K006, Class AX1, IO		1.137	(c)		01/25/20		19,202		428,251
Series K007, Class X1, IO		1.226	(c)		04/25/20		25,843		679,549
Series K008, Class X1, IO		1.772	(c)		06/25/20		12,854		482,882
Series K019, Class X1, IO		1.827	(c)		03/25/22		10,086		683,467
Series K020, Class X1, IO		1.573	(c)		05/25/22		11,231		670,370
Series K025, Class X1, IO		1.003	(c)		10/25/22		19,867		785,471
Series K037, Class X1, IO		1.173	(c)		01/25/24		11,082		607,158
Series K043, Class X1, IO		0.675	(c)		12/25/24		12,424		443,014
Series K049, Class X1, IO		0.740	(c)		07/25/25		41,929		1,754,937
Series K052, Class X1, IO		0.809	(c)		11/25/25		12,656		584,778
Series K053, Class X1, IO		1.030	(c)		12/25/25		46,261		2,950,450
Series K054, Class X1, IO		1.318	(c)		01/25/26		31,408		2,658,061
Series K057, Class X1, IO		1.327	(c)		07/25/26		26,377		2,316,818
Series K058, Class X1, IO		1.059	(c)		08/25/26		41,943		2,948,455
Series K717, Class X1, IO		0.630	(c)		09/25/21		11,577		219,073
Series Q001, Class XA, IO		2.325	(c)		02/25/32		6,816		1,096,958

See Notes to Financial Statements.

26

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
COMMERCIAL MORTGAGE-BACKED SECURITIES (Continued)
GS Mortgage Securities Trust,
Series 2013-GC14, Class XA, IO		0.920	%(c)		08/10/46		37,575	$	1,231,458
Series 2014-GC20, Class XB, IO		0.491	(c)		04/10/47		30,000		850,473
Series 2014-GC22, Class XB, IO		0.410	(c)		06/10/47		35,000		791,781
Series 2014-GC24, Class XB, IO		0.021	(c)		09/10/47		83,262		105,301
Series 2014-GC26, Class XB, IO		0.446	(c)		11/10/47		56,483		1,360,252
JPMBB Commercial Mortgage Securities Trust, Series 2016-C1, Class A3		3.515			03/15/49		1,500		1,540,421
JPMCC Commercial Mortgage Securities Trust, Series 2017-JP5, Class A3		3.342			03/15/50		1,600		1,637,507
Morgan Stanley Bank of America Merrill Lynch Trust,
Series 2015-C24, Class XA, IO		0.967	(c)		05/15/48		26,910		1,346,710
Series 2016-C31, Class A3		2.731			11/15/49		2,211		2,173,464
Morgan Stanley Capital I Trust, Series 2016-UBS9, Class A2		2.982			03/15/49		1,200		1,204,621
UBS-Barclays Commercial Mortgage Trust, Series 2012-C2, Class XA, IO, 144A		1.583	(c)		05/10/63		4,948		272,777
Wachovia Bank Commercial Mortgage Trust, Series 2007-C32, Class A1A		5.922	(c)		06/15/49		333		333,012
Wells Fargo Commercial Mortgage Trust,
Series 2016-C35, Class XB, IO		1.098	(c)		07/15/48		24,000		1,734,518
Series 2016-LC24, Class XB, IO		1.160	(c)		10/15/49		20,910		1,646,378
TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES (cost $46,062,688)									45,795,503
CORPORATE BONDS    9.9%
Agriculture    0.0%
Reynolds American, Inc., Gtd. Notes		8.125			06/23/19		30		33,672
Airlines    0.1%
Continental Airlines, Inc., Pass-Through Trust, Pass-Through Certificates, Series 2010-1, Class A		4.750			07/12/22		65		68,810
Delta Air Lines, Inc., Pass-Through Trust, Pass-Through Certificates,
Series 2007-1, Class A		6.821			02/10/24		151		172,716
Series 2010-2, Class A		4.950			11/23/20		11		11,638
Series 2011-1, Class A		5.300			10/15/20		128		135,197
UAL, Pass-Through Trust, Pass-Through Certificates, Series 2007-1A, Class A		6.636			01/02/24		81		87,266
									475,627
Auto Manufacturers    0.1%
Ford Motor Credit Co. LLC, Sr. Unsec’d. Notes		4.134			08/04/25		250		253,418
General Motors Financial Co., Inc., Gtd. Notes		3.200			07/06/21		720		726,376
									979,794

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 27

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
CORPORATE BONDS (Continued)
Auto Parts & Equipment    0.2%
Adient Global Holdings Ltd., Gtd. Notes, 144A		3.500	%		08/15/24	EUR	1,234	$	1,376,122
LKQ Italia Bondco SpA, Gtd. Notes, 144A		3.875			04/01/24	EUR	450		522,758
									1,898,880
Banks    3.1%
Bank of America Corp.,
Series M, Jr. Sub. Notes		8.125	(c)		12/29/49		935		979,413
Sr. Unsec’d. Notes, MTN(h)		3.248			10/21/27		3,000		2,876,184
Sr. Unsec’d. Notes, MTN		3.875			08/01/25		1,500		1,536,898
Citigroup, Inc.,
Series P, Jr. Sub. Notes		5.950	(c)		12/31/49		700		735,438
Sr. Unsec’d. Notes		2.900			12/08/21		600		603,284
Sub. Notes		4.400			06/10/25		3,000		3,086,559
Goldman Sachs Group, Inc. (The),
Series L, Jr. Sub. Notes		5.700	(c)		12/31/49		2,120		2,188,900
Series M, Jr. Sub. Notes		5.375	(c)		12/31/49		700		725,725
Sr. Unsec’d. Notes(h)		3.500			01/23/25		1,500		1,506,637
JPMorgan Chase & Co.,
Series 1, Jr. Sub. Notes		7.900	(c)		04/29/49		450		470,250
Series V, Jr. Sub. Notes		5.000	(c)		12/31/49		1,000		1,018,410
Series X, Jr. Sub. Notes		6.100	(c)		12/31/49		1,980		2,123,550
Series Z, Jr. Sub. Notes		5.300	(c)		12/31/49		1,410		1,469,996
Morgan Stanley,
Series H, Jr. Sub. Notes		5.450	(c)		12/31/49		1,415		1,448,606
Sr. Unsec’d. Notes, GMTN		1.000			12/02/22	EUR	1,800		1,975,943
Sr. Unsec’d. Notes, GMTN		1.375			10/27/26	EUR	2,200		2,330,420
									25,076,213
Biotechnology    0.1%
Amgen, Inc., Sr. Unsec’d. Notes		2.600			08/19/26		600		561,352
Building Materials    0.0%
Owens Corning, Gtd. Notes		4.200			12/15/22		270		282,965
Chemicals    0.5%
CF Industries, Inc., Gtd. Notes(a)		3.450			06/01/23		600		559,500
Dow Chemical Co. (The), Sr. Unsec’d. Notes		9.400			05/15/39		152		244,899
Eastman Chemical Co.,
Sr. Unsec’d. Notes		1.875			11/23/26	EUR	1,100		1,237,638
Sr. Unsec’d. Notes		3.800			03/15/25		454		467,737
LYB International Finance II BV, Gtd. Notes		3.500			03/02/27		1,900		1,878,219
									4,387,993

See Notes to Financial Statements.

28

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
CORPORATE BONDS (Continued)
Commercial Services    0.1%
ERAC USA Finance LLC, Gtd. Notes, 144A(g)		7.000	%		10/15/37		190	$	238,812
United Rentals North America, Inc., Gtd. Notes		5.500			05/15/27		500		514,375
									753,187
Computers    0.3%
DXC Technology Co., Sr. Unsec’d. Notes, 144A		2.875			03/27/20		1,000		1,011,267
Hewlett Packard Enterprise Co., Sr. Unsec’d. Notes		2.450	(c)		10/05/17		158		158,410
Seagate HDD Cayman, Gtd. Notes		3.750			11/15/18		305		313,006
Western Digital Corp., Sr. Sec’d. Notes, 144A		7.375			04/01/23		675		739,125
									2,221,808
Diversified Financial Services    0.3%
American Express Credit Corp., Sr. Unsec’d. Notes		0.625			11/22/21	EUR	2,100		2,308,772
International Lease Finance Corp., Sr. Unsec’d. Notes		6.250			05/15/19		125		134,732
Lehman Brothers Holdings, Inc., Sr. Unsec’d. Notes, MTN(i)		6.875			05/02/18		100		5,540
Navient Corp., Sr. Unsec’d. Notes, MTN		8.450			06/15/18		225		239,906
									2,688,950
Electric    0.7%
AES Corp., Sr. Unsec’d. Notes		7.375			07/01/21		700		798,000
ContourGlobal Power Holdings SA, Sr. Sec’d. Notes, 144A(g)		5.125			06/15/21	EUR	505		582,965
DPL, Inc., Sr. Unsec’d. Notes		6.750			10/01/19		700		733,250
Dynegy, Inc.,
Gtd. Notes		6.750			11/01/19		650		659,750
Gtd. Notes		7.375			11/01/22		350		335,125
Gtd. Notes(a)		7.625			11/01/24		900		823,500
NRG Energy, Inc., Gtd. Notes		6.625			01/15/27		1,425		1,410,750
Public Service Co. of New Mexico, Sr. Unsec’d. Notes		7.950			05/15/18		50		53,095
									5,396,435
Electronics    0.1%
Jabil Circuit, Inc., Sr. Unsec’d. Notes		4.700			09/15/22		655		687,750
Entertainment    0.4%
Cinemark USA, Inc., Gtd. Notes		4.875			06/01/23		1,000		1,015,000
NAI Entertainment Holdings/NAI Entertainment Holdings Finance Corp., Sr. Sec’d. Notes, 144A(g)		5.000			08/01/18		1,000		1,007,500
Scientific Games International, Inc., Gtd. Notes		10.000			12/01/22		750		813,750
WMG Acquisition Corp., Sr. Sec’d. Notes, 144A		4.125			11/01/24	EUR	200		228,819
									3,065,069

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 29

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
CORPORATE BONDS (Continued)
Food    0.2%
Darling Global Finance BV, Gtd. Notes, RegS		4.750	%		05/30/22	EUR	800	$	919,039
Ingles Markets, Inc., Sr. Unsec’d. Notes		5.750			06/15/23		675		678,375
									1,597,414
Forest & Paper Products    0.0%
International Paper Co., Sr. Unsec’d. Notes		7.300			11/15/39		75		98,775
Healthcare-Services    0.5%
CHS/Community Health Systems, Inc.,
Gtd. Notes(a)		6.875			02/01/22		1,000		827,500
Gtd. Notes(a)		7.125			07/15/20		750		673,125
Sr. Sec’d. Notes(a)		5.125			08/01/21		500		495,625
HCA, Inc., Sr. Sec’d. Notes		6.500			02/15/20		750		823,170
Tenet Healthcare Corp., Sr. Unsec’d. Notes		8.125			04/01/22		1,000		1,015,000
									3,834,420
Home Builders    0.2%
KB Home, Gtd. Notes		7.500			09/15/22		1,000		1,130,625
William Lyon Homes, Inc., Gtd. Notes		7.000			08/15/22		800		836,000
									1,966,625
Household Products/Wares    0.1%
Spectrum Brands, Inc., Gtd. Notes, 144A		4.000			10/01/26	EUR	675		765,438
Insurance    0.2%
Allied World Assurance Co. Holdings Ltd., Gtd. Notes		5.500			11/15/20		30		32,779
Chubb Corp. (The), Gtd. Notes		3.408	(c)		03/29/67		140		138,600
Liberty Mutual Group, Inc.,
Gtd. Notes, 144A		6.500			03/15/35		90		109,651
Sr. Unsec’d. Notes, RegS		2.750			05/04/26	EUR	1,200		1,407,870
Progressive Corp. (The), Jr. Sub. Notes		6.700	(c)		06/15/67		100		100,375
									1,789,275
Internet    0.2%
Netflix, Inc., Sr. Unsec’d. Notes, 144A		3.625			05/15/27	EUR	1,300		1,432,022
Leisure Time    0.2%
Carnival Corp., Gtd. Notes		1.625			02/22/21	EUR	1,500		1,709,131
Viking Cruises Ltd., Sr. Unsec’d. Notes, 144A(g)		8.500			10/15/22		250		261,250
									1,970,381

See Notes to Financial Statements.

30

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
CORPORATE BONDS (Continued)
Lodging    0.1%
MGM Resorts International, Gtd. Notes		6.625	%		12/15/21		500	$	561,250
Machinery-Diversified    0.0%
Xylem, Inc., Sr. Unsec’d. Notes		4.875			10/01/21		225		245,294
Media    0.6%
21st Century Fox America, Inc.,
Gtd. Notes(h)		6.150			03/01/37		415		496,398
Gtd. Notes		6.900			08/15/39		60		77,589
Altice US Finance I Corp., Sr. Sec’d. Notes, 144A		5.500			05/15/26		657		679,174
CCO Holdings LLC/CCO Holdings Capital Corp.,
Sr. Unsec’d. Notes, 144A		5.500			05/01/26		1,000		1,049,380
Sr. Unsec’d. Notes, 144A		5.875			04/01/24		380		407,075
Sr. Unsec’d. Notes, 144A		5.875			05/01/27		675		718,031
Cequel Communications Holdings I LLC/Cequel Capital Corp., Sr. Unsec’d. Notes, 144A		5.125			12/15/21		700		715,750
Liberty Interactive LLC, Sr. Unsec’d. Notes		8.250			02/01/30		500		536,200
Time Warner Cable LLC, Sr. Sec’d. Notes		8.750			02/14/19		300		333,770
Time Warner, Inc., Gtd. Notes		3.800			02/15/27		85		84,626
Viacom, Inc., Sr. Unsec’d. Notes		4.500			02/27/42		233		203,302
									5,301,295
Miscellaneous Manufacturing    0.1%
Actuant Corp., Gtd. Notes		5.625			06/15/22		400		412,500
Textron, Inc., Sr. Unsec’d. Notes		7.250			10/01/19		200		222,303
									634,803
Office/Business Equipment    0.1%
Xerox Corp., Sr. Unsec’d. Notes, 144A(a)		4.070			03/17/22		500		512,786
Oil & Gas    0.0%
Anadarko Petroleum Corp., Sr. Unsec’d. Notes		6.450			09/15/36		35		41,478
Nabors Industries, Inc., Gtd. Notes		4.625			09/15/21		170		171,700
									213,178
Packaging & Containers    0.1%
Ball Corp., Gtd. Notes		4.375			12/15/23	EUR	300		365,155
Greif, Inc., Sr. Unsec’d. Notes		7.750			08/01/19		140		154,350
WestRock MWV LLC, Sr. Unsec’d. Notes		7.375			09/01/19		450		501,337
WestRock RKT Co., Gtd. Notes		4.450			03/01/19		175		182,171
									1,203,013

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 31

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
CORPORATE BONDS (Continued)
Pharmaceuticals    0.2%
Catalent Pharma Solutions, Inc.,
Gtd. Notes, RegS		4.750	%		12/15/24	EUR	400	$	463,189
Sr. Unsec’d. Notes, 144A		4.750			12/15/24	EUR	350		405,291
Horizon Pharma, Inc./Horizon Pharma USA, Inc., Gtd. Notes, 144A(a)		8.750			11/01/24		830		864,238
									1,732,718
Real Estate Investment Trusts (REITs)    0.2%
MPT Operating Partnership LP/MPT Finance Corp., Gtd. Notes		3.325			03/24/25	EUR	1,700		1,889,107
Retail    0.2%
Ferrellgas Partners LP/Ferrellgas Partners Finance Corp., Sr. Unsec’d. Notes		8.625			06/15/20		750		728,437
PVH Corp., Sr. Unsec’d. Notes, 144A		3.625			07/15/24	EUR	840		950,898
									1,679,335
Semiconductors    0.0%
Micron Technology, Inc., Sr. Unsec’d. Notes		5.500			02/01/25		315		329,175
Software    0.3%
Fidelity National Information Services, Inc.,
Sr. Unsec’d. Notes		2.250			08/15/21		90		88,911
Sr. Unsec’d. Notes		3.000			08/15/26		190		182,049
First Data Corp., Gtd. Notes, 144A		7.000			12/01/23		1,130		1,211,586
Quintiles IMS, Inc., Gtd. Notes, 144A		3.500			10/15/24	EUR	920		1,031,260
									2,513,806
Telecommunications    0.1%
AT&T, Inc., Sr. Unsec’d. Notes		5.250			03/01/37		70		71,792
Qwest Corp., Sr. Unsec’d. Notes		6.500			06/01/17		465		466,855
									538,647
Transportation    0.3%
FedEx Corp.,
Gtd. Notes		1.000			01/11/23	EUR	500		550,016
Gtd. Notes		1.625			01/11/27	EUR	490		539,307
Norfolk Southern Corp., Sr. Unsec’d. Notes		6.000			03/15/2105		300		347,440
XPO Logistics, Inc., Gtd. Notes, 144A		6.500			06/15/22		706		747,477
									2,184,240
TOTAL CORPORATE BONDS (cost $80,266,932)									81,502,692

See Notes to Financial Statements.

32

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
MUNICIPAL BONDS    0.1%
Puerto Rico
Commonwealth of Puerto Rico,
GO		2.656	%(c)		07/01/20		300	$	299,079
GO		5.250			07/01/17		125		125,423
Puerto Rico Highways & Transportation Authority, Series E, Revenue Bonds		5.500			07/01/17		250		251,890
Puerto Rico Sales Tax Financing Corp., Revenue Bonds, CABs		5.340	(t)		08/01/41		1,265		352,277
TOTAL MUNICIPAL BONDS (cost $979,040)									1,028,669
RESIDENTIAL MORTGAGE-BACKED SECURITIES    4.9%
Alba PLC (United Kingdom), Series 2007-1, Class B, RegS		0.584	(c)		03/17/39	GBP	1,858		2,174,587
APS Resecuritization Trust, Series 2016-1, Class 1A, 144A		0.934	(c)		07/27/57		2,806		2,677,848
Banc of America Funding Trust, Series 2014-R5, Class 1A1, 144A		2.928	(c)		09/26/45		595		582,900
CIM Trust,
Series 2017-2, Class A1, 144A		2.983	(c)		12/25/57		2,932		2,910,045
Series 2017-3, Class A3, 144A^		2.983	(c)		01/25/57		2,965		2,964,423
Credit Suisse Mortgage Trust, Series 2016-12R, Class 1A1, 144A		3.280	(c)		02/28/47		3,998		4,022,723
Fannie Mae Connecticut Avenue Securities, Series 2016-C04, Class 1M1		2.441	(c)		01/25/29		555		559,598
Freddie Mac Structured Agency Credit Risk Debt Notes,
Series 2015-DNA1, Class M3		4.291	(c)		10/25/27		1,000		1,084,893
Series 2016-HQA2, Class M2		3.241	(c)		11/25/28		950		982,276
IndyMac INDX Mortgage Loan Trust, Series 2004-AR15, Class 3A1		3.251	(c)		02/25/35		2,073		1,987,785
LSTAR Securities Investment Ltd. (Cayman Islands),
Series 2015-8, Class A1, 144A		2.983	(c)		08/01/20		1,185		1,187,339
Series 2016-1, Class A1, 144A		2.983	(c)		01/01/21		570		564,130
Series 2016-3, Class A, 144A		2.983	(c)		09/01/21		590		589,319
Paragon Mortgages PLC (United Kingdom),
Series 11X, Class BB, RegS		0.148	(c)		10/15/41	EUR	3,890		3,835,348
Series 12X, Class B1B, RegS		0.151	(c)		11/15/38	EUR	1,359		1,326,656
Series 13X, Class B1B, RegS		0.048	(c)		01/15/39	EUR	2,000		1,915,895
Ripon Mortgages (United Kingdom), Series 1A, Class B1, 144A		1.572	(c)		08/20/56	GBP	3,900		5,004,768
RMAC Securities No.1 PLC (United Kingdom), Series 2006-NS3X, Class M1C, RegS		—	(c)(p)		06/12/44	EUR	1,964		1,927,352

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 33

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Interest Rate			Maturity Date		Principal Amount (000)#		Value
RESIDENTIAL MORTGAGE-BACKED SECURITIES (Continued)
Towd Point Mortgage Funding (United Kingdom), Series 2017-A11A, Class A2, 144A		1.306	%(c)		05/20/45	GBP	2,000	$	2,571,063
Towd Point Mortgage Funding Vantage 1 PLC (United Kingdom), Series 2016-V1A, Class A1, 144A		1.556	(c)		02/20/54	GBP	1,155		1,500,799
TOTAL RESIDENTIAL MORTGAGE-BACKED SECURITIES (cost $39,525,682)									40,369,747
U.S. GOVERNMENT AGENCY OBLIGATIONS    0.3%
Federal National Mortgage Assoc.		5.375			12/07/28	GBP	275		482,842
Tennessee Valley Authority,
Sr. Unsec’d. Notes		5.350			06/07/21	GBP	815		1,234,652
Sr. Unsec’d. Notes		5.625			06/07/32	GBP	191		347,173
TOTAL U.S. GOVERNMENT AGENCY OBLIGATIONS (cost $2,273,229)									2,064,667
U.S. TREASURY OBLIGATIONS    8.6%
U.S. Treasury Bonds(h)		2.500			05/15/46		3,580		3,251,367
U.S. Treasury Bonds		2.875			11/15/46		2,635		2,589,918
U.S. Treasury Notes		1.500			08/15/26		1,900		1,776,796
U.S. Treasury Notes		1.625			03/15/20		2,250		2,261,864
U.S. Treasury Notes		1.625			11/15/22		1,000		984,492
U.S. Treasury Notes		1.750			10/31/20		3,000		3,016,524
U.S. Treasury Notes		1.750			01/31/23		16,000		15,817,504
U.S. Treasury Notes		1.750			05/15/23		2,000		1,971,484
U.S. Treasury Notes		1.875			03/31/22		10,315		10,341,190
U.S. Treasury Notes(k)(h)		2.000			02/15/25		5,000		4,935,740
U.S. Treasury Notes		2.125			08/15/21		4,000		4,065,156
U.S. Treasury Notes		2.125			03/31/24		5,070		5,080,297
U.S. Treasury Notes		2.250			04/30/21		8,400		8,583,750
U.S. Treasury Notes		2.250			02/15/27		4,365		4,352,210
U.S. Treasury Strips Coupon		1.881	(s)		05/15/31		400		275,366
U.S. Treasury Strips Coupon		1.898	(s)		08/15/29		400		291,663
U.S. Treasury Strips Coupon(h)		2.100	(s)		11/15/35		800		470,773
U.S. Treasury Strips Coupon		2.264	(s)		08/15/40		800		392,852
TOTAL U.S. TREASURY OBLIGATIONS (cost $71,628,689)									70,458,946

See Notes to Financial Statements.

34

Description			Shares		Value
COMMON STOCK    0.0%
Oil, Gas & Consumable Fuels
Pacific Exploration & Production Corp. (Columbia)* (cost $44,527)				1,116	$	32,889
PREFERRED STOCK    0.0%
Banking
Citigroup Capital XIII, 7.542% (Capital Security, fixed to floating preferred) (cost $100,000)				4,000		104,960
TOTAL LONG-TERM INVESTMENTS (cost $781,611,662)						779,682,104
SHORT-TERM INVESTMENTS    7.8%
AFFILIATED MUTUAL FUNDS    6.6%
Prudential Investment Portfolios 2 - Prudential Core Ultra Short Bond Fund(w)				26,457,998		26,457,998
Prudential Investment Portfolios 2 - Prudential Institutional Money Market Fund (cost $27,704,362; includes $27,683,996 of cash collateral for securities on loan)(b)(w)				27,699,217		27,704,757
TOTAL AFFILIATED MUTUAL FUNDS (cost $54,162,360)						54,162,755
	Counterparty		Notional Amount (000)#
OPTIONS PURCHASED*    1.2%
Call Options    0.5%
5 Year CDX.NA.IG.28.V1, expiring 06/21/17, Strike Price $55.00		Morgan Stanley		127,800		9,022
5 Year ITRAXX.XO.27.V1,
expiring 06/21/17, Strike Price $237.50		BNP Paribas	EUR	25,000		11,770
expiring 07/19/17, Strike Price $287.50		Morgan Stanley	EUR	25,000		309,105
10 Year U.S. Treasury Notes Futures, expiring 05/26/17, Strike Price $125.00				65		67,031
Currency Option Euro vs Brazilian Real, expiring 04/04/18, Strike Price 3.40		Citigroup Global Markets	EUR	3,500		432,937
Currency Option Euro vs South African Rand,
expiring 04/04/18, Strike Price 15.00		Goldman Sachs & Co.	EUR	1,200		106,746
expiring 11/28/17, Strike Price 22.00		BNP Paribas	EUR	8,000		18,844
Currency Option Euro vs Turkish Lira,
expiring 02/26/18, Strike Price 6.00		BNP Paribas	EUR	12,000		49,069
expiring 06/27/18, Strike Price 6.00		BNP Paribas	EUR	6,500		65,868
Currency Option Euro vs United States Dollar,
expiring 02/26/18, Strike Price 1.30		Morgan Stanley	EUR	21,000		24,957

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 35

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Counterparty		Notional Amount (000)#		Value
OPTIONS PURCHASED* (Continued)
Call Options (cont’d.)
Currency Option United State Dollar vs Chinese Renminbi,
expiring 11/28/18, Strike Price 7.75		Morgan Stanley		12,500	$	121,225
expiring 06/28/17, Strike Price 8.75		Morgan Stanley		12,500		20
Currency Option United States Dollar vs Brazilian Real,
expiring 09/27/17, Strike Price 4.75		Morgan Stanley		16,500		10,537
expiring 06/27/18, Strike Price 5.00		Hong Kong & Shanghai Bank		9,000		58,565
Currency Option United States Dollar vs Canadian Dollar, expiring 01/30/19, Strike Price 1.50		Citigroup Global Markets		20,000		272,566
Currency Option United States Dollar vs Indonesian Rupiah, expiring 11/28/17, Strike Price 18,000.00		BNP Paribas		9,000		8,758
Currency Option United States Dollar vs Mexican Peso,
expiring 03/23/18, Strike Price 19.25		Citigroup Global Markets		7,700		496,038
expiring 03/27/19, Strike Price 21.50		JPMorgan Chase		12,000		775,415
expiring 09/27/17, Strike Price 22.50		Citigroup Global Markets		7,000		33,390
expiring 09/27/17, Strike Price 25.00		JPMorgan Chase		14,000		20,322
expiring 09/27/17, Strike Price 26.00		JPMorgan Chase		12,000		11,655
expiring 07/27/17, Strike Price 30.00		Morgan Stanley		10,000		380
expiring 05/26/17, Strike Price 35.00		Citigroup Global Markets		7,000		—
Currency Option United States Dollar vs South Korean Won,
expiring 04/26/19, Strike Price 1,250.00		JPMorgan Chase		11,000		387,887
expiring 05/29/17, Strike Price 1,500.00		Citigroup Global Markets		7,000		85
expiring 10/27/17, Strike Price 1,550.00		JPMorgan Chase		11,000		13,765
Currency Option United States Dollar vs Turkish Lira,
expiring 09/28/17, Strike Price 4.00		BNP Paribas		4,000		52,994
expiring 11/08/17, Strike Price 5.00		BNP Paribas		5,000		11,834
expiring 11/29/18, Strike Price 5.00		Credit Suisse First Boston Corp.		8,000		236,766
expiring 09/04/17, Strike Price 6.50		Morgan Stanley		8,000		728
Currency Option Untited State Dollar vs South African Rand,
expiring 11/08/17, Strike Price 25.00		Credit Suisse First Boston Corp.		9,000		3,967
Interest Rate Swaptions,
Receive Fixed rate of 1.38% and pay a floating rate based on 3 Month LIBOR,
expiring 10/30/17		JPMorgan Chase		97,060		97,400
Receive Fixed rate of 1.95% and pay a floating rate based on 3 Month LIBOR,
expiring 10/30/17		JPMorgan Chase		97,060		677,499
						4,387,145

See Notes to Financial Statements.

36

Description	Counterparty		Notional Amount (000)#		Value
OPTIONS PURCHASED* (Continued)
Put Options    0.7%
5 Year CDX.NA.IG.27.V1, expiring 06/21/17, Strike Price $75.00		JPMorgan Chase		127,800	$	36,561
5 Year ITRAXX.XO.27.V1, expiring 05/17/17, Strike Price $425.00		BNP Paribas	EUR	25,000		624
Currency Option Australian Dollar vs Japanese Yen,
expiring 10/05/17, Strike Price 60.00		BNP Paribas	AUD	74,000		39,200
expiring 06/16/17, Strike Price 61.00		Morgan Stanley	AUD	76,000		673
expiring 12/27/17, Strike Price 67.00		BNP Paribas	AUD	116,000		411,549
expiring 06/16/17, Strike Price 70.00		Citigroup Global Markets	AUD	38,000		4,278
expiring 12/27/17, Strike Price 76.00		Morgan Stanley	AUD	58,000		650,792
expiring 04/25/18, Strike Price 81.00		BNP Paribas	AUD	74,000		2,329,385
Currency Option United States Dollar vs Brazilian Real, expiring 11/16/17, Strike Price 3.70		Morgan Stanley		4,000		521,731
Currency Option Euro vs. United States Dollar, expiring 02/26/20, Strike Price 1.00		BNP Paribas	EUR	21,000		299,068
Currency Option United States Dollar vs Indonesian Rupiah, expiring 11/28/17, Strike Price 13,200.00		Morgan Stanley		9,000		78,935
Interest Rate Swaptions,
Pay a fixed rate of 2.75% and receive a floating rate based on 3 Month LIBOR, expiring 04/05/18		Barclays Capital Group		5,940		238,098
Pay a fixed rate of 2.75% and receive a floating rate based on 3 Month LIBOR, expiring 04/20/18		Citigroup Global Markets		510		21,174
Pay a fixed rate of 2.75% and receive a floating rate based on 3 Month LIBOR, expiring 04/20/18		Barclays Capital Group		5,430		225,442
Pay a fixed rate of 2.75% and receive a floating rate based on 3 Month LIBOR, expiring 05/03/18		Barclays Capital Group		5,940		253,912
Pay a fixed rate of 3.60% and receive a floating rate based on 3 Month LIBOR, expiring 04/05/18		Barclays Capital Group		5,940		36,691
Pay a fixed rate of 3.60% and receive a floating rate based on 3 Month LIBOR, expiring 04/20/18		Citigroup Global Markets		510		3,408
Pay a fixed rate of 3.60% and receive a floating rate based on 3 Month LIBOR, expiring 04/20/18		Barclays Capital Group		5,430		36,289
Pay a fixed rate of 3.60% and receive a floating rate based on 3 Month LIBOR, expiring 05/03/18		Barclays Capital Group		5,940		42,387
						5,230,197
TOTAL OPTIONS PURCHASED (cost $13,407,637)						9,617,342
TOTAL SHORT-TERM INVESTMENTS (cost $67,569,997)						63,780,097
TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN    102.7% (cost $849,181,659)						843,462,201

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 37

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Counterparty	Notional Amount (000)#		Value
OPTIONS WRITTEN*    (1.2)%
Call Options    (0.6)%
5 Year CDX.NA.IG.28.V1, expiring 06/21/17, Strike Price $65.00	Morgan Stanley		127,800	$	(175,714	)
5 Year ITRAXX.XO.27.V1,
expiring 07/19/17, Strike Price $250.00	Morgan Stanley	EUR	25,000		(54,276	)
expiring 06/21/17, Strike Price $262.50	BNP Paribas	EUR	25,000		(86,872	)
10 Year U.S. Treasury Notes Futures, expiring 05/26/17, Strike Price 128.00			65		(5,078	)
Currency Option Euro vs Brazilian Real, expiring 04/04/18, Strike Price 3.80	Citigroup Global Markets	EUR	3,500		(205,145	)
Currency Option Euro vs South African Rand,
expiring 04/04/18, Strike Price 17.00	Goldman Sachs & Co.	EUR	1,200		(44,853	)
expiring 09/26/18, Strike Price 22.00	BNP Paribas	EUR	8,000		(147,371	)
Currency Option Euro vs Turkish Lira,
expiring 06/27/18, Strike Price 6.00	Credit Suisse First Boston Corp.	EUR	6,500		(65,669	)
expiring 04/26/19, Strike Price 6.00	BNP Paribas	EUR	12,000		(427,153	)
Currency Option Euro vs United States Dollar, expiring 02/26/20, Strike Price 1.30	Morgan Stanley	EUR	21,000		(413,746	)
Currency Option United State Dollar vs Chinese Renminbi, expiring 11/28/18, Strike Price 8.75	Morgan Stanley		25,000		(75,706	)
Currency Option United States Dollar vs Brazilian Real,
expiring 09/26/18, Strike Price 4.75	Morgan Stanley		16,500		(202,753	)
expiring 06/27/18, Strike Price 5.00	Credit Suisse First Boston Corp.		9,000		(58,565	)
expiring 04/26/19, Strike Price 5.00	Hong Kong & Shanghai Bank		12,500		(251,839	)
expiring 02/26/18, Strike Price 5.50	Hong Kong & Shanghai Bank		12,500		(20,409	)
Currency Option United States Dollar vs Indonesian Rupiah,
expiring 02/26/18, Strike Price 16,000.00	BNP Paribas		9,000		(55,643	)
expiring 11/28/17, Strike Price 18,000.00	Morgan Stanley		9,000		(8,758	)
Currency Option United States Dollar vs Mexican Peso,
expiring 03/23/18, Strike Price 21.25	Citigroup Global Markets		7,700		(216,781	)
expiring 09/27/17, Strike Price 22.50	JPMorgan Chase		7,000		(33,390	)
expiring 03/27/19, Strike Price 24.00	JPMorgan Chase		24,000		(857,346	)
expiring 09/27/17, Strike Price 25.00	Citigroup Global Markets		14,000		(20,322	)
expiring 01/29/19, Strike Price 30.00	Morgan Stanley		10,000		(99,372	)
Currency Option United States Dollar vs South African Rand, expiring 11/28/18, Strike Price 24.00	Credit Suisse First Boston Corp.		9,000		(95,771	)
Currency Option United States Dollar vs South Korean Won,
expiring 07/27/18, Strike Price 1,500.00	Citigroup Global Markets		7,000		(56,883	)
expiring 04/26/19, Strike Price 1,400.00	JPMorgan Chase		22,000		(444,476	)

See Notes to Financial Statements.

38

Description	Counterparty		Notional Amount (000)#		Value
OPTIONS WRITTEN* (Continued)
Call Options (cont’d.)
Currency Option United States Dollar vs Turkish Lira,
expiring 09/28/17, Strike Price 4.00		Morgan Stanley		4,000	$	(52,994	)
expiring 11/08/17, Strike Price 5.00		Credit Suisse First Boston Corp.		5,000		(11,834	)
expiring 11/29/18, Strike Price 5.00		BNP Paribas		8,000		(236,766	)
expiring 11/29/18, Strike Price 6.00		Credit Suisse First Boston Corp.		8,000		(107,634	)
Interest Rate Swaptions,
Pay a fixed rate of 1.63% and receive a floating rate based on 3 Month LIBOR, expiring 10/30/17		JPMorgan Chase		97,060		(240,418	)
Pay a fixed rate of 1.70% and receive a floating rate based on 3 Month LIBOR, expiring 10/30/17		JPMorgan Chase		97,060		(310,621	)
						(5,084,158	)
Put Options    (0.6)%
5 Year CDX.NA.IG.27.V1, expiring 06/21/17, Strike Price $100.00		JPMorgan Chase		127,800		(7,300	)
5 Year ITRAXX.XO.27.V1, expiring 07/19/17, Strike Price $425.00		Morgan Stanley	EUR	25,000		(18,711	)
Currency Option Australian Dollar vs Japanese Yen,
expiring 06/16/17, Strike Price 61.00		Citigroup Global Markets	AUD	76,000		(673	)
expiring 12/27/17, Strike Price 67.00		Morgan Stanley	AUD	116,000		(411,549	)
expiring 06/16/17, Strike Price 70.00		Morgan Stanley	AUD	38,000		(4,278	)
expiring 04/25/18, Strike Price 72.50		BNP Paribas	AUD	148,000		(1,839,236	)
expiring 12/27/17, Strike Price 76.00		BNP Paribas	AUD	58,000		(650,792	)
Currency Option Euro vs Brazilian Real, expiring 04/04/18, Strike Price 3.20		Citigroup Global Markets	EUR	3,500		(27,027	)
Currency Option Euro vs South African Rand, expiring 04/04/18, Strike Price 14.00		Goldman Sachs & Co.	EUR	1,200		(20,469	)
Currency Option Euro vs United States Dollar, expiring 02/26/18, Strike Price 1.00		BNP Paribas	EUR	21,000		(116,530	)
Currency Option United States Dollar vs Brazilian Real, expiring 11/16/17, Strike Price 3.70		Citigroup Global Markets		4,000		(521,731	)
Currency Option United States Dollar vs Mexican Peso, expiring 03/23/18, Strike Price 17.75		Citigroup Global Markets		7,700		(85,912	)
Interest Rate Swaptions,
Receive a fixed rate of 3.05% and pay a floating rate based on 3 Month LIBOR, expiring 04/20/18		Barclays Capital Group		5,430		(122,837	)

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 39

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Description	Counterparty	Notional Amount (000)#		Value
OPTIONS WRITTEN* (Continued)
Put Options (cont’d.)
Interest Rate Swaptions, (cont’d.)
Receive a fixed rate of 3.05% and pay a floating rate based on 3 Month LIBOR, expiring 04/20/18	Citigroup Global Markets		510	$	(11,537	)
Receive a fixed rate of 3.05% and pay a floating rate based on 3 Month LIBOR, expiring 04/05/18	Barclays Capital Group		5,940		(127,662	)
Receive a fixed rate of 3.05% and pay a floating rate based on 3 Month LIBOR, expiring 05/03/18	Barclays Capital Group		5,940		(140,183	)
Receive a fixed rate of 3.35% and pay a floating rate based on 3 Month LIBOR, expiring 04/05/18	Barclays Capital Group		5,940		(65,280	)
Receive a fixed rate of 3.35% and pay a floating rate based on 3 Month LIBOR, expiring 04/20/18	Barclays Capital Group		5,430		(63,817	)
Receive a fixed rate of 3.35% and pay a floating rate based on 3 Month LIBOR, expiring 04/20/18	Citigroup Global Markets		510		(5,994	)
Receive a fixed rate of 3.35% and pay a floating rate based on 3 Month LIBOR, expiring 05/03/18	Barclays Capital Group		5,940		(73,798	)
					(4,315,316	)
TOTAL OPTIONS WRITTEN (premiums received $14,401,230)					(9,399,474	)
TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN    101.5% (cost $834,780,429)					834,062,727
Liabilities in excess of other assets(z)    (1.5)%					(12,671,921	)
NET ASSETS    100.0%				$	821,390,806

The following abbreviations are used in the semiannual report:

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

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

CABs—Capital Appreciation Bonds

See Notes to Financial Statements.

40

CDO—Collateralized Debt Obligation

CDX—Credit Derivative Index

CIBOR—Copenhagen Interbank Offered Rate

CLO—Collateralized Loan Obligation

CLOIS—Sinacofi Chile Interbank Rate Average

CMBX—Commercial Mortgage Backed Securities Index

CMM—Constant Maturity Mortgage

CMT—Constant Maturity Treasury

COOIS—Colombia Overnight Interbank Reference Rate

CPI—Consumer Price Index

EMTN—Euro Medium Term Note

EURIBOR—Euro Interbank Offered Rate

FHLMC—Federal Home Loan Mortgage Corp.

GMTN—Global Medium Term Note

GO—General Obligation

HIBOR—Hong Kong Interbank Offered Rate

IO—Interest Only

ITRAXX—International Credit Derivative Index

JIBAR—Johannesburg Interbank Agreed Rate

KLIBOR—Kuala Lumpur Interbank Offered Rate

L2—Level 2

L3—Level 3

LIBOR—London Interbank Offered Rate

MTN—Medium Term Note

MUNIPSA—SIFMA Municipal Swap Weekely Yield Index

NIBOR—Norwegian Interbank Offered Rate

NSA—Non-Seasonally Adjusted

OAT—Obligations Assimiilables du Tresor (French Treasury Bond)

OTC—Over-the-counter

PIK—Payment-in-Kind

PRIBOR—Prague Interbank Offered Rate

SIBOR—Singapore Interbank Offered Rate

SONIA—Sterling Overnight Index Average

STIBOR—Stockholm Interbank Offered Rate

STRIPS—Separate Trading of Registered Interest and Principal of Securities

TAIBOR—Taiwan Interbank Offered Rate

TELBOR—Tel Aviv Interbank Offered Rate

UKRPI—United Kingdom Retail Prices Index

USOIS—United States Overnight Index Swap

WIBOR—Warsaw Interbank Offered Rate

ARS—Argentine Peso

AUD—Australian Dollar

BRL—Brazilian Real

CAD—Canadian Dollar

CHF—Swiss Franc

CLP—Chilean Peso

CNH—Chinese Renminbi

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 41

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

COP—Colombian Peso

CZK—Czech Koruna

DKK—Danish Krone

EUR—Euro

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

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.

^ Indicates a Level 3 security. The aggregate value of Level 3 securities is $3,067,963 and 0.4% of net assets.

(a) All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $26,371,720; cash collateral of $27,683,996 (included in liabilities) was received with which the Fund purchased highly liquid short-term investments.

(b) Represents security purchased with cash collateral received for securities on loan and includes dividend reinvestment.

(c) Variable rate instrument. The interest rate shown reflects the rate in effect at April 30, 2017.

(f) Indicates a restricted security; the original cost of such security is $2,691,617. The value of $2,807,239 is approximately 0.3% of net assets.

(g) Indicates a security that has been deemed illiquid; the aggregate value of $6,816,729 is approximately 0.8% of net assets.

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

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

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

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

(p) Interest rate not available as of April 30, 2017.

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

(ss) Represents zero coupon bond.

(t) Represents a zero coupon or step bond. Rate quoted represents effective yield at April 30, 2017.

See Notes to Financial Statements.

42

(w) PGIM Investments LLC, the manager of the Fund, also serves as manager of the Prudential Investment Portfolios 2 - Prudential Core Ultra Short Bond Fund and Prudential Institutional Money Market Fund.

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

Futures contracts outstanding at April 30, 2017:

Number of Contracts		Type	Expiration Date		Value at Trade Date		Value at April 30, 2017		Unrealized Appreciation (Depreciation)
		Long Positions:
	1,214	5 Year U.S. Treasury Notes		Jun. 2017	$	142,664,613	$	143,745,188	$	1,080,575
	2	10 Year Australian Treasury Bonds		Jun. 2017		188,903		194,267		5,364
	1	10 Year Swedish Government Bonds		Jun. 2017		171,819		171,946		127
	155	10 Year U.K. Gilt		Jun. 2017		25,191,127		25,751,023		559,896
	1,428	10 Year U.S. Treasury Notes		Jun. 2017		178,101,475		179,526,375		1,424,900
	34	20 Year U.S. Treasury Bonds		Jun. 2017		5,114,785		5,200,938		86,153
	336	30 Year U.S. Ultra Treasury Bonds		Jun. 2017		53,768,909		54,747,000		978,091
	214	Euro-OAT		Jun. 2017		34,313,183		34,929,260		616,077
										4,751,183
		Short Positions:
	241	2 Year U.S. Treasury Notes		Jun. 2017		52,194,131		52,202,859		(8,728	)
	182	5 Year Euro-Bobl		Jun. 2017		26,146,480		26,141,609		4,871
	337	10 Year Euro-Bund		Jun. 2017		59,307,436		59,388,532		(81,096	)
	89	Euro Schatz. DUA Index		Jun. 2017		10,892,198		10,881,419		10,779
										(74,174	)
									$	4,677,009

Foreign Bonds and a U.S. Treasury Obligation with a combined market value of $6,727,097 have been segregated with
J.P. Morgan Securities LLC to cover requirements for open futures contracts at April 30, 2017.

Forward foreign currency exchange contracts outstanding at April 30, 2017:

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
OTC forward foreign currency exchange contracts:
Argentine Peso,
Expiring 05/15/17	Citigroup Global Markets	ARS	18,344	$	1,134,430	$	1,182,393	$	47,963
Expiring 07/06/17	Citigroup Global Markets	ARS	45,539		2,825,000		2,862,224		37,224
Expiring 07/06/17	Citigroup Global Markets	ARS	35,869		2,246,034		2,254,454		8,420
Australian Dollar,
Expiring 07/12/17	Citigroup Global Markets	AUD	3,388		2,550,000		2,533,687		(16,313	)
Expiring 07/12/17	Citigroup Global Markets	AUD	1,101		822,000		823,416		1,416
Expiring 07/12/17	Citigroup Global Markets	AUD	640		485,000		478,910		(6,090	)

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 43

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Forward foreign currency exchange contracts outstanding at April 30, 2017 (continued):

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value			Unrealized Appreciation (Depreciation)
OTC forward foreign currency exchange contracts (cont’d):
Australian Dollar, (cont’d.)
Expiring 07/12/17	UBS AG	AUD	3,994		$3,025,100		$2,986,680		$	(38,420	)
Expiring 07/12/17	UBS AG	AUD	1,248		940,000		933,511			(6,489	)
Expiring 07/31/17	Morgan Stanley	AUD	5,727		4,276,959		4,282,003			5,044
Brazilian Real,
Expiring 05/03/17	Barclays Capital Group	BRL	17,438		5,559,031		5,489,548			(69,483	)
Expiring 05/03/17	Goldman Sachs & Co.	BRL	17,438		5,525,738		5,489,547			(36,191	)
Expiring 06/02/17	Citigroup Global Markets	BRL	17,438		5,445,416		5,445,782			366
Expiring 06/02/17	Goldman Sachs & Co.	BRL	19,268		6,027,000		6,017,241			(9,759	)
Expiring 06/02/17	Goldman Sachs & Co.	BRL	17,438		5,440,320		5,445,782			5,462
Expiring 07/31/17	Citigroup Global Markets	BRL	7,517		2,355,090		2,317,580			(37,510	)
Expiring 07/31/17	Citigroup Global Markets	BRL	616		193,000		190,039			(2,961	)
Expiring 07/31/17	Citigroup Global Markets	BRL	214		66,000		65,962			(38	)
Expiring 11/20/17	Citigroup Global Markets	BRL	5,658		1,368,319		1,708,955			340,636
Expiring 06/29/18	Hong Kong & Shanghai Bank	BRL	1,600		464,000		464,642			642
British Pound,
Expiring 07/27/17	Citigroup Global Markets	GBP	1,328		1,710,000		1,724,859			14,859
Canadian Dollar,
Expiring 07/12/17	Citigroup Global Markets	CAD	4,181		3,136,763		3,066,038			(70,725	)
Expiring 07/12/17	UBS AG	CAD	9,297		6,973,216		6,818,767			(154,449	)
Expiring 07/12/17	UBS AG	CAD	3,138		2,368,544		2,301,723			(66,821	)
Expiring 07/12/17	UBS AG	CAD	934		700,000		685,084			(14,916	)
Expiring 07/31/17	Citigroup Global Markets	CAD	161		118,000		117,977			(23	)
Expiring 07/31/17	JPMorgan Chase	CAD	415		304,000		304,357			357
Expiring 07/31/17	UBS AG	CAD	492		362,000		360,688			(1,312	)
Expiring 01/31/19	Citigroup Global Markets	CAD	4,291		3,334,000		3,178,337			(155,663	)
Chinese Renminbi,
Expiring 07/31/17	BNP Paribas	CNH	6,725		969,143		969,287			144
Expiring 07/31/17	Citigroup Global Markets	CNH	1,764		254,000		254,267			267
Expiring 11/30/18	Morgan Stanley	CNH	703		94,000		99,051			5,051
Colombian Peso,
Expiring 07/12/17	Citigroup Global Markets	COP	3,034,565		1,059,000		1,020,202			(38,798	)
Expiring 07/12/17	UBS AG	COP	1,099,663		379,390		369,700			(9,690	)
Expiring 07/12/17	UBS AG	COP	1,099,663		381,364		369,700	��		(11,664	)
Czech Koruna,
Expiring 07/12/17	Citigroup Global Markets	CZK	52,909		2,124,000		2,157,619			33,619
Expiring 07/12/17	Citigroup Global Markets	CZK	9,744		392,284		397,341			5,057
Expiring 07/12/17	Goldman Sachs & Co.	CZK	79,746		3,209,077		3,252,019			42,942
Expiring 07/12/17	UBS AG	CZK	79,746		3,211,791		3,252,019			40,228
Expiring 07/12/17	UBS AG	CZK	65,617		2,643,844		2,675,848			32,004

See Notes to Financial Statements.

44

Forward foreign currency exchange contracts outstanding at April 30, 2017 (continued):

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
OTC forward foreign currency exchange contracts (cont’d):
Danish Krone,
Expiring 07/21/17	Goldman Sachs & Co.	DKK	1,100	$	160,000	$	161,855	$	1,855
Expiring 07/21/17	UBS AG	DKK	3,254		470,247		478,730		8,483
Euro,
Expiring 07/27/17	BNP Paribas	EUR	740		808,600		810,011		1,411
Expiring 07/27/17	Citigroup Global Markets	EUR	247		269,870		270,460		590
Expiring 07/27/17	UBS AG	EUR	14,883		16,113,000		16,287,113		174,113
Expiring 07/31/17	Goldman Sachs & Co.	EUR	146		160,000		160,012		12
Expiring 07/31/17	JPMorgan Chase	EUR	1,090		1,193,163		1,193,233		70
Expiring 02/28/20	BNP Paribas	EUR	5,554		6,285,739		6,446,068		160,329
Expiring 02/28/20	Morgan Stanley	EUR	4,574		5,300,808		5,308,663		7,855
Hungarian Forint,
Expiring 07/21/17	Bank of America	HUF	777,315		2,663,816		2,711,332		47,516
Expiring 07/21/17	JPMorgan Chase	HUF	822,770		2,824,000		2,869,883		45,883
Expiring 07/21/17	UBS AG	HUF	2,904		10,000		10,131		131
Indian Rupee,
Expiring 06/08/17	Barclays Capital Group	INR	459,693		6,830,195		7,104,392		274,197
Expiring 06/08/17	Barclays Capital Group	INR	36,067		556,630		557,401		771
Expiring 06/08/17	Citigroup Global Markets	INR	433,732		6,443,325		6,703,186		259,861
Expiring 06/08/17	Citigroup Global Markets	INR	89,154		1,354,000		1,377,847		23,847
Expiring 06/08/17	Citigroup Global Markets	INR	46,594		693,000		720,092		27,092
Expiring 06/08/17	JPMorgan Chase	INR	247,488		3,804,000		3,824,846		20,846
Expiring 06/08/17	UBS AG	INR	78,228		1,207,416		1,208,994		1,578
Expiring 06/08/17	UBS AG	INR	69,755		1,061,000		1,078,047		17,047
Expiring 06/08/17	UBS AG	INR	68,544		1,040,600		1,059,329		18,729
Expiring 06/08/17	UBS AG	INR	38,122		577,000		589,169		12,169
Expiring 07/31/17	BNP Paribas	INR	6,514		93,548		99,926		6,378
Expiring 07/31/17	JPMorgan Chase	INR	96,648		1,360,000		1,482,670		122,670
Indonesian Rupiah,
Expiring 06/16/17	Barclays Capital Group	IDR	5,975,062		446,000		445,799		(201	)
Expiring 06/16/17	UBS AG	IDR	82,380,660		6,157,000		6,146,421		(10,579	)
Expiring 07/17/17	Citigroup Global Markets	IDR	65,808,903		4,821,165		4,891,971		70,806
Expiring 07/31/17	Barclays Capital Group	IDR	5,685,840		424,032		421,986		(2,046	)
Israeli Shekel,
Expiring 07/21/17	Citigroup Global Markets	ILS	22,090		6,040,578		6,116,325		75,747
Expiring 07/21/17	Citigroup Global Markets	ILS	592		161,400		163,801		2,401
Japanese Yen,
Expiring 07/27/17	Citigroup Global Markets	JPY	12,687,518		114,818,649		114,238,756		(579,893	)
Expiring 07/27/17	Citigroup Global Markets	JPY	1,634,643		15,030,000		14,718,372		(311,628	)
Expiring 07/27/17	JPMorgan Chase	JPY	23,187		209,413		208,777		(636	)

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 45

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Forward foreign currency exchange contracts outstanding at April 30, 2017 (continued):

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
OTC forward foreign currency exchange contracts (cont’d):
Japanese Yen, (cont’d.)
Expiring 07/27/17	UBS AG	JPY	76,748	$	690,985	$	691,043	$	58
Expiring 07/31/17	UBS AG	JPY	48,263		437,000		434,647		(2,353	)
Malaysian Ringgit,
Expiring 07/03/17	Citigroup Global Markets	MYR	4,901		1,103,751		1,125,922		22,171
Mexican Peso,
Expiring 06/08/17	Citigroup Global Markets	MXN	36,942		1,941,600		1,948,868		7,268
Expiring 06/08/17	Citigroup Global Markets	MXN	17,980		929,150		948,541		19,391
Expiring 06/08/17	Citigroup Global Markets	MXN	11,930		620,000		629,382		9,382
Expiring 06/08/17	Citigroup Global Markets	MXN	11,889		613,000		627,188		14,188
Expiring 06/08/17	Citigroup Global Markets	MXN	8,822		444,000		465,398		21,398
Expiring 06/08/17	Goldman Sachs & Co.	MXN	111,997		5,671,309		5,908,341		237,032
Expiring 06/08/17	Goldman Sachs & Co.	MXN	14,560		751,450		768,129		16,679
Expiring 06/08/17	Goldman Sachs & Co.	MXN	14,555		751,450		767,834		16,384
Expiring 06/08/17	JPMorgan Chase	MXN	17,985		929,150		948,783		19,633
Expiring 06/08/17	JPMorgan Chase	MXN	7,192		367,600		379,389		11,789
Expiring 06/08/17	UBS AG	MXN	63,599		3,362,461		3,355,127		(7,334	)
Expiring 06/08/17	UBS AG	MXN	38,391		1,945,972		2,025,302		79,330
Expiring 06/08/17	UBS AG	MXN	37,134		1,837,062		1,958,994		121,932
Expiring 06/08/17	UBS AG	MXN	28,933		1,456,852		1,526,326		69,474
Expiring 06/08/17	UBS AG	MXN	8,328		419,000		439,324		20,324
Expiring 06/08/17	UBS AG	MXN	7,846		395,000		413,903		18,903
Expiring 06/08/17	UBS AG	MXN	7,019		355,000		370,260		15,260
Expiring 06/08/17	UBS AG	MXN	3,000		155,000		158,281		3,281
Expiring 07/31/17	JPMorgan Chase	MXN	33,890		1,759,745		1,772,911		13,166
Expiring 07/31/17	Morgan Stanley	MXN	4,282		200,000		223,989		23,989
Expiring 09/29/17	Citigroup Global Markets	MXN	41,685		1,938,000		2,160,354		222,354
Expiring 03/27/18	Citigroup Global Markets	MXN	62,863		3,160,000		3,171,253		11,253
New Taiwanese Dollar,
Expiring 06/08/17	Citigroup Global Markets	TWD	70,428		2,311,000		2,338,014		27,014
Expiring 06/08/17	Citigroup Global Markets	TWD	63,814		2,104,000		2,118,466		14,466
Expiring 06/08/17	Citigroup Global Markets	TWD	38,532		1,270,000		1,279,154		9,154
Expiring 06/08/17	Citigroup Global Markets	TWD	36,474		1,181,000		1,210,840		29,840
Expiring 06/08/17	UBS AG	TWD	61,278		2,039,542		2,034,268		(5,274	)
Expiring 06/08/17	UBS AG	TWD	40,892		1,350,000		1,357,489		7,489
Expiring 06/08/17	UBS AG	TWD	7,272		236,000		241,422		5,422
New Zealand Dollar,
Expiring 07/12/17	Citigroup Global Markets	NZD	3,896		2,730,000		2,670,091		(59,909	)
Expiring 07/12/17	Citigroup Global Markets	NZD	694		485,000		475,392		(9,608	)
Expiring 07/12/17	UBS AG	NZD	5,207		3,640,800		3,568,650		(72,150	)

See Notes to Financial Statements.

46

Forward foreign currency exchange contracts outstanding at April 30, 2017 (continued):

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
OTC forward foreign currency exchange contracts (cont’d):
New Zealand Dollar, (cont’d.)
Expiring 07/12/17	UBS AG	NZD	3,422	$	2,376,270	$	2,345,063	$	(31,207	)
Expiring 07/12/17	UBS AG	NZD	1,633		1,144,000		1,119,160		(24,840	)
Expiring 07/12/17	UBS AG	NZD	726		502,000		497,696		(4,304	)
Norwegian Krone,
Expiring 07/21/17	Goldman Sachs & Co.	NOK	14,332		1,682,757		1,670,890		(11,867	)
Expiring 07/21/17	Goldman Sachs & Co.	NOK	3,403		399,587		396,781		(2,806	)
Expiring 07/21/17	Goldman Sachs & Co.	NOK	3,388		397,600		394,984		(2,616	)
Expiring 07/21/17	UBS AG	NOK	12,545		1,466,000		1,462,585		(3,415	)
Expiring 07/21/17	UBS AG	NOK	9,132		1,064,000		1,064,621		621
Expiring 07/21/17	UBS AG	NOK	3,408		399,589		397,300		(2,289	)
Expiring 07/21/17	UBS AG	NOK	3,389		397,600		395,158		(2,442	)
Expiring 07/21/17	UBS AG	NOK	3,355		393,624		391,117		(2,507	)
Peruvian Nuevo Sol,
Expiring 07/26/17	UBS AG	PEN	6,639		2,031,774		2,028,516		(3,258	)
Expiring 07/27/17	Barclays Capital Group	PEN	2,160		660,000		659,984		(16	)
Expiring 07/27/17	Citigroup Global Markets	PEN	1,878		573,674		573,747		73
Philippine Peso,
Expiring 07/12/17	Citigroup Global Markets	PHP	18,679		375,000		372,416		(2,584	)
Expiring 07/12/17	UBS AG	PHP	156,497		3,145,850		3,120,219		(25,631	)
Expiring 07/12/17	UBS AG	PHP	104,587		2,093,000		2,085,253		(7,747	)
Polish Zloty,
Expiring 07/21/17	UBS AG	PLN	11,207		2,834,899		2,887,155		52,256
Russian Ruble,
Expiring 07/07/17	Bank of America	RUB	172,572		2,996,354		2,984,706		(11,648	)
Expiring 07/07/17	Barclays Capital Group	RUB	33,772		590,000		584,094		(5,906	)
Expiring 07/07/17	Citigroup Global Markets	RUB	138,303		2,419,150		2,392,005		(27,145	)
Expiring 07/07/17	Citigroup Global Markets	RUB	68,448		1,207,415		1,183,843		(23,572	)
Expiring 07/07/17	Citigroup Global Markets	RUB	32,269		561,000		558,101		(2,899	)
Expiring 07/07/17	Citigroup Global Markets	RUB	22,502		391,300		389,176		(2,124	)
Expiring 07/07/17	Goldman Sachs & Co.	RUB	172,572		2,993,963		2,984,706		(9,257	)
Expiring 07/07/17	UBS AG	RUB	83,251		1,452,900		1,439,864		(13,036	)
Singapore Dollar,
Expiring 06/16/17	Citigroup Global Markets	SGD	3,269		2,343,900		2,341,251		(2,649	)
Expiring 06/16/17	Citigroup Global Markets	SGD	1,284		919,000		919,508		508
Expiring 06/16/17	UBS AG	SGD	1,955		1,400,000		1,399,654		(346	)
Expiring 06/16/17	UBS AG	SGD	401		286,000		286,884		884
Expiring 06/16/17	UBS AG	SGD	274		196,000		196,067		67

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 47

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Forward foreign currency exchange contracts outstanding at April 30, 2017 (continued):

Purchase Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
OTC forward foreign currency exchange contracts (cont’d):
South African Rand,
Expiring 07/07/17	Citigroup Global Markets	ZAR	12,744	$	913,650	$	942,454	$	28,804
Expiring 07/07/17	UBS AG	ZAR	28,400		2,131,000		2,100,238		(30,762	)
Expiring 07/07/17	UBS AG	ZAR	11,898		884,000		879,904		(4,096	)
Expiring 07/31/17	JPMorgan Chase	ZAR	30,002		2,228,801		2,209,535		(19,266	)
South Korean Won,
Expiring 06/21/17	Barclays Capital Group	KRW	3,535,759		3,110,000		3,109,060		(940	)
Expiring 06/21/17	Citigroup Global Markets	KRW	6,446,487		5,626,827		5,668,518		41,691
Expiring 07/31/17	Citigroup Global Markets	KRW	120,260		106,640		105,796		(844	)
Expiring 07/31/17	UBS AG	KRW	156,710		139,000		137,863		(1,137	)
Swedish Krona,
Expiring 07/21/17	Goldman Sachs & Co.	SEK	9,129		1,045,000		1,035,253		(9,747	)
Expiring 07/21/17	UBS AG	SEK	65,100		7,288,748		7,382,622		93,874
Expiring 07/21/17	UBS AG	SEK	1,556		174,000		176,501		2,501
Swiss Franc,
Expiring 07/27/17	UBS AG	CHF	2,948		2,980,000		2,979,105		(895	)
Thai Baht,
Expiring 05/17/17	Citigroup Global Markets	THB	74,713		2,175,000		2,159,715		(15,285	)
Expiring 05/17/17	Citigroup Global Markets	THB	50,167		1,431,704		1,450,158		18,454
Expiring 05/17/17	Citigroup Global Markets	THB	27,682		785,000		800,181		15,181
Expiring 05/17/17	Citigroup Global Markets	THB	25,783		750,000		745,293		(4,707	)
Expiring 05/17/17	Citigroup Global Markets	THB	7,953		228,000		229,900		1,900
Expiring 05/17/17	UBS AG	THB	34,017		981,000		983,325		2,325
Turkish Lira,
Expiring 05/08/17	Bank of America	TRY	3,953		1,049,350		1,110,192		60,842
Expiring 05/08/17	Bank of America	TRY	2,624		707,300		736,937		29,637
Expiring 05/08/17	UBS AG	TRY	6,751		1,840,000		1,896,270		56,270
Expiring 05/08/17	UBS AG	TRY	2,567		700,160		721,139		20,979
Expiring 05/08/17	UBS AG	TRY	2,100		573,000		589,720		16,720
Expiring 05/08/17	UBS AG	TRY	949		252,000		266,523		14,523
Expiring 05/08/17	UBS AG	TRY	808		215,900		227,016		11,116
Expiring 07/31/17	Citigroup Global Markets	TRY	1,192		327,000		326,701		(299	)
Expiring 07/31/17	Citigroup Global Markets	TRY	750		203,831		205,554		1,723
Expiring 07/31/17	Citigroup Global Markets	TRY	545		149,000		149,325		325
Expiring 09/29/17	BNP Paribas	TRY	1,285		384,000		346,238		(37,762	)
Expiring 11/30/18	Credit Suisse First Boston Corp.	TRY	4,298		1,000,000		1,038,232		38,232
				$	423,517,043	$	424,957,884	$	1,440,841

See Notes to Financial Statements.

48

Forward foreign currency exchange contracts outstanding at April 30, 2017 (continued):

Sale Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
OTC forward foreign currency exchange contracts:
Argentine Peso,
Expiring 07/06/17	Citigroup Global Markets	ARS	47,246	$	2,940,000	$	2,969,500	$	(29,500	)
Australian Dollar,
Expiring 07/12/17	Citigroup Global Markets	AUD	2,098		1,568,381		1,569,147		(766	)
Expiring 07/12/17	Goldman Sachs & Co.	AUD	2,139		1,606,000		1,599,871		6,129
Expiring 07/12/17	Goldman Sachs & Co.	AUD	1,455		1,095,000		1,087,891		7,109
Expiring 07/12/17	UBS AG	AUD	22,840		17,083,694		17,081,066		2,628
Expiring 07/12/17	UBS AG	AUD	3,132		2,344,419		2,342,045		2,374
Expiring 07/12/17	UBS AG	AUD	1,584		1,184,272		1,184,240		32
Expiring 07/31/17	UBS AG	AUD	554		417,000		414,301		2,699
Brazilian Real,
Expiring 05/03/17	Citigroup Global Markets	BRL	17,438		5,488,952		5,489,547		(595	)
Expiring 05/03/17	Goldman Sachs & Co.	BRL	17,438		5,483,775		5,489,548		(5,773	)
Expiring 06/02/17	Goldman Sachs & Co.	BRL	10,563		3,330,000		3,298,610		31,390
Expiring 07/31/17	UBS AG	BRL	1,030		316,000		317,582		(1,582	)
Expiring 07/31/17	UBS AG	BRL	608		187,000		187,496		(496	)
Expiring 07/31/17	UBS AG	BRL	449		139,000		138,298		702
Expiring 11/20/17	Morgan Stanley	BRL	5,658		1,200,000		1,708,955		(508,955	)
Expiring 06/29/18	Credit Suisse First Boston Corp.	BRL	3,334		857,143		968,499		(111,356	)
Expiring 06/29/18	Credit Suisse First Boston Corp.	BRL	2,927		813,000		850,138		(37,138	)
Expiring 09/28/18	Morgan Stanley	BRL	6,902		1,980,000		1,968,934		11,066
Expiring 04/30/19	Hong Kong & Shanghai Bank	BRL	5,296		1,458,000		1,446,722		11,278
British Pound,
Expiring 07/27/17	Bank of America	GBP	12,669		16,281,860		16,451,352		(169,492	)
Expiring 07/27/17	Citigroup Global Markets	GBP	3,722		4,771,871		4,832,691		(60,820	)
Expiring 07/27/17	UBS AG	GBP	1,006		1,304,000		1,305,724		(1,724	)
Canadian Dollar,
Expiring 07/12/17	Goldman Sachs & Co.	CAD	819		603,000		600,883		2,117
Expiring 07/12/17	Goldman Sachs & Co.	CAD	196		144,590		143,796		794
Expiring 07/12/17	UBS AG	CAD	4,948		3,670,000		3,628,789		41,211
Expiring 07/12/17	UBS AG	CAD	1,452		1,072,000		1,064,757		7,243
Expiring 07/12/17	UBS AG	CAD	991		742,000		726,743		15,257
Chilean Peso,
Expiring 07/12/17	Citigroup Global Markets	CLP	1,166,696		1,767,721		1,741,998		25,723
Expiring 07/12/17	JPMorgan Chase	CLP	1,812,560		2,780,000		2,706,341		73,659
Expiring 07/12/17	UBS AG	CLP	1,570,086		2,407,000		2,344,302		62,698

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 49

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Forward foreign currency exchange contracts outstanding at April 30, 2017 (continued):

Sale Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
OTC forward foreign currency exchange contracts (cont’d):
Chinese Renminbi,
Expiring 07/26/17	Citigroup Global Markets	CNH	37,540	$	5,419,045	$	5,411,934	$	7,111
Expiring 07/26/17	UBS AG	CNH	14,163		2,039,541		2,041,834		(2,293	)
Expiring 07/26/17	UBS AG	CNH	14,073		2,031,774		2,028,786		2,988
Colombian Peso,
Expiring 07/12/17	Goldman Sachs & Co.	COP	2,041,757		701,900		686,426		15,474
Czech Koruna,
Expiring 07/12/17	UBS AG	CZK	106,753		4,278,000		4,353,390		(75,390	)
Euro,
Expiring 07/27/17	Citigroup Global Markets	EUR	50,474		55,437,960		55,234,730		203,230
Expiring 07/27/17	Citigroup Global Markets	EUR	3,735		4,075,785		4,087,081		(11,296	)
Expiring 07/27/17	Goldman Sachs & Co.	EUR	13,034		14,014,268		14,263,725		(249,457	)
Expiring 07/27/17	JPMorgan Chase	EUR	2,615		2,858,428		2,861,656		(3,228	)
Expiring 07/27/17	UBS AG	EUR	2,623		2,824,000		2,870,623		(46,623	)
Expiring 07/27/17	UBS AG	EUR	627		685,549		685,966		(417	)
Expiring 02/28/18	BNP Paribas	EUR	5,554		5,973,327		6,153,800		(180,473	)
Hong Kong Dollar,
Expiring 05/17/17	Citigroup Global Markets	HKD	5,239		675,245		673,757		1,488
Hungarian Forint,
Expiring 07/21/17	UBS AG	HUF	302,433		1,036,000		1,054,909		(18,909	)
Indian Rupee,
Expiring 06/08/17	Barclays Capital Group	INR	55,900		860,000		863,915		(3,915	)
Expiring 06/08/17	Citigroup Global Markets	INR	24,130		366,000		372,927		(6,927	)
Expiring 06/08/17	UBS AG	INR	237,001		3,637,500		3,662,774		(25,274	)
Expiring 07/31/17	JPMorgan Chase	INR	103,387		1,479,279		1,586,043		(106,764	)
Indonesian Rupiah,
Expiring 06/16/17	Citigroup Global Markets	IDR	12,563,787		933,070		937,384		(4,314	)
Expiring 06/16/17	UBS AG	IDR	59,005,800		4,410,000		4,402,423		7,577
Expiring 06/16/17	UBS AG	IDR	16,468,600		1,229,000		1,228,722		278
Expiring 11/30/17	Morgan Stanley	IDR	43,041,375		2,925,000		3,149,380		(224,380	)
Expiring 02/28/18	BNP Paribas	IDR	9,951,025		707,000		720,395		(13,395	)
Israeli Shekel,
Expiring 07/21/17	UBS AG	ILS	17,932		4,900,000		4,964,931		(64,931	)
Japanese Yen,
Expiring 07/27/17	UBS AG	JPY	337,646		3,101,000		3,040,175		60,825
Expiring 07/27/17	UBS AG	JPY	227,259		2,044,611		2,046,242		(1,631	)
Expiring 07/27/17	UBS AG	JPY	158,281		1,430,326		1,425,169		5,157
Expiring 07/27/17	UBS AG	JPY	158,022		1,430,327		1,422,839		7,488
Expiring 07/31/17	JPMorgan Chase	JPY	503,189		4,521,117		4,531,581		(10,464	)

See Notes to Financial Statements.

50

Forward foreign currency exchange contracts outstanding at April 30, 2017 (continued):

Sale Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
OTC forward foreign currency exchange contracts (cont’d):
Mexican Peso,
Expiring 06/08/17	UBS AG	MXN	128,121	$	6,750,000	$	6,758,933	$	(8,933	)
Expiring 07/31/17	UBS AG	MXN	4,112		213,000		215,133		(2,133	)
Expiring 07/31/17	UBS AG	MXN	3,400		177,000		177,886		(886	)
Expiring 09/29/17	Citigroup Global Markets	MXN	43,925		2,153,000		2,276,445		(123,445	)
Expiring 09/29/17	JPMorgan Chase	MXN	7,338		376,000		380,307		(4,307	)
Expiring 01/31/19	Morgan Stanley	MXN	42,503		1,834,000		2,039,079		(205,079	)
Expiring 03/29/19	JPMorgan Chase	MXN	26,510		1,262,000		1,259,713		2,287
New Taiwanese Dollar,
Expiring 06/08/17	Citigroup Global Markets	TWD	249,149		8,105,030		8,271,073		(166,043	)
Expiring 06/08/17	Citigroup Global Markets	TWD	121,430		4,001,000		4,031,165		(30,165	)
Expiring 06/08/17	Citigroup Global Markets	TWD	72,038		2,372,000		2,391,458		(19,458	)
Expiring 06/08/17	Citigroup Global Markets	TWD	40,927		1,357,000		1,358,672		(1,672	)
Expiring 06/08/17	Citigroup Global Markets	TWD	27,605		910,000		916,408		(6,408	)
Expiring 06/08/17	Citigroup Global Markets	TWD	16,828		553,000		558,638		(5,638	)
Expiring 06/08/17	UBS AG	TWD	60,862		1,975,727		2,020,466		(44,739	)
Expiring 06/08/17	UBS AG	TWD	30,723		1,018,000		1,019,913		(1,913	)
Expiring 06/08/17	UBS AG	TWD	20,094		661,000		667,081		(6,081	)
New Zealand Dollar,
Expiring 07/12/17	Citigroup Global Markets	NZD	52,484		36,446,617		35,969,686		476,931
Expiring 07/12/17	Citigroup Global Markets	NZD	2,265		1,568,381		1,552,564		15,817
Expiring 07/12/17	UBS AG	NZD	1,713		1,184,272		1,174,269		10,003
Norwegian Krone,
Expiring 07/21/17	Citigroup Global Markets	NOK	67,337		7,840,000		7,850,580		(10,580	)
Expiring 07/21/17	Citigroup Global Markets	NOK	3,106		363,000		362,120		880
Expiring 07/21/17	UBS AG	NOK	4,716		554,000		549,872		4,128
Philippine Peso,
Expiring 07/12/17	Bank of America	PHP	314,570		6,226,639		6,271,872		(45,233	)
Expiring 07/12/17	UBS AG	PHP	228,169		4,570,000		4,549,212		20,788
Expiring 07/12/17	UBS AG	PHP	16,091		322,000		320,825		1,175
Polish Zloty,
Expiring 07/21/17	UBS AG	PLN	19,057		4,800,000		4,909,463		(109,463	)
Russian Ruble,
Expiring 07/07/17	Goldman Sachs & Co.	RUB	88,426		1,514,925		1,529,368		(14,443	)
Expiring 07/07/17	UBS AG	RUB	88,590		1,514,925		1,532,198		(17,273	)
Singapore Dollar,
Expiring 06/16/17	Citigroup Global Markets	SGD	873		625,000		625,325		(325	)
Expiring 06/16/17	Citigroup Global Markets	SGD	538		380,477		385,141		(4,664	)
Expiring 06/16/17	UBS AG	SGD	5,699		4,075,785		4,080,708		(4,923	)
Expiring 06/16/17	UBS AG	SGD	2,849		2,043,323		2,040,041		3,282
Expiring 06/16/17	UBS AG	SGD	2,846		2,043,323		2,038,053		5,270

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 51

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Forward foreign currency exchange contracts outstanding at April 30, 2017 (continued):

Sale Contracts	Counterparty	Notional Amount (000)		Value at Settlement Date		Current Value		Unrealized Appreciation (Depreciation)
OTC forward foreign currency exchange contracts (cont’d):
Singapore Dollar, (cont’d.):
Expiring 06/16/17	UBS AG	SGD	2,594	$	1,837,923	$	1,857,688	$	(19,765	)
Expiring 06/16/17	UBS AG	SGD	1,043		738,000		746,574		(8,574	)
South African Rand,
Expiring 07/07/17	Citigroup Global Markets	ZAR	34,885		2,650,486		2,579,825		70,661
Expiring 07/07/17	Citigroup Global Markets	ZAR	29,469		2,241,514		2,179,302		62,212
Expiring 07/07/17	Citigroup Global Markets	ZAR	6,266		470,000		463,392		6,608
Expiring 11/10/17	Credit Suisse First Boston Corp.	ZAR	14,269		740,000		1,033,389		(293,389	)
Expiring 11/10/17	Credit Suisse First Boston Corp.	ZAR	7,157		450,000		518,354		(68,354	)
Expiring 11/30/18	Credit Suisse First Boston Corp.	ZAR	12,230		781,000		833,281		(52,281	)
South Korean Won,
Expiring 06/21/17	Barclays Capital Group	KRW	1,648,504		1,441,000		1,449,561		(8,561	)
Expiring 06/21/17	UBS AG	KRW	3,592,875		3,145,850		3,159,284		(13,434	)
Expiring 06/21/17	UBS AG	KRW	3,100,326		2,727,000		2,726,176		824
Expiring 07/31/17	UBS AG	KRW	117,122		103,000		103,036		(36	)
Expiring 07/31/18	Bank of America	KRW	666,678		585,576		590,487		(4,911	)
Expiring 04/30/19	JPMorgan Chase	KRW	637,750		568,000		567,126		874
Swedish Krona,
Expiring 07/21/17	UBS AG	SEK	66,402		7,450,000		7,530,261		(80,261	)
Swiss Franc,
Expiring 07/27/17	Citigroup Global Markets	CHF	1,442		1,457,000		1,457,096		(96	)
Expiring 07/27/17	UBS AG	CHF	5,183		5,240,640		5,238,113		2,527
Expiring 07/27/17	UBS AG	CHF	1,392		1,407,000		1,406,775		225
Turkish Lira,
Expiring 05/08/17	Citigroup Global Markets	TRY	1,622		430,828		455,707		(24,879	)
Expiring 05/08/17	Goldman Sachs & Co.	TRY	2,678		709,320		752,051		(42,731	)
Expiring 05/08/17	JPMorgan Chase	TRY	22,793		6,179,844		6,401,813		(221,969	)
Expiring 05/08/17	UBS AG	TRY	868		235,000		243,935		(8,935	)
Expiring 09/29/17	Morgan Stanley	TRY	1,550		489,200		417,836		71,364
Expiring 11/09/17	Credit Suisse First Boston Corp.	TRY	1,532		420,000		408,278		11,722
Expiring 11/09/17	Credit Suisse First Boston Corp.	TRY	1,475		425,000		392,980		32,020
Expiring 11/30/18	BNP Paribas	TRY	10,110		2,247,366		2,442,188		(194,822	)
Expiring 11/30/18	BNP Paribas	TRY	2,664		727,000		643,630		83,370
				$	376,748,701	$	379,105,088		(2,356,387	)
								$	(915,546	)

See Notes to Financial Statements.

52

Cross currency exchange contracts outstanding at April 30, 2017:

Settlement	Type		Notional Amount (000)		In Exchange For (000)			Unrealized Appreciation (Depreciation)			Counterparty
OTC cross currency exchange contracts:
06/20/17		Buy	AUD	1,495		JPY	110,735	$	122,990		Citigroup Global Markets
06/20/17		Buy	JPY	202,716		AUD	2,533		(72,674	)	Morgan Stanley
07/12/17		Buy	CZK	48,785		EUR	1,842		(25,215	)	Citigroup Global Markets
07/12/17		Buy	EUR	6,541		CZK	176,445		(43,056	)	Citigroup Global Markets
07/12/17		Buy	EUR	715		CZK	19,305		(6,000	)	Citigroup Global Markets
07/12/17		Buy	EUR	507		CZK	13,705		(3,961	)	Citigroup Global Markets
07/21/17		Buy	PLN	4,199		EUR	979		11,243		UBS AG
12/29/17		Buy	AUD	955		JPY	75,302		29,053		Morgan Stanley
12/29/17		Buy	JPY	393,481		AUD	4,777		7,332		BNP Paribas
04/06/18		Buy	BRL	5,262		EUR	1,449		(55,918	)	Citigroup Global Markets
04/06/18		Buy	ZAR	8,260		EUR	519		8,192		Goldman Sachs & Co.
04/27/18		Buy	AUD	3,867		JPY	315,857		(5,282	)	BNP Paribas
06/29/18		Buy	EUR	886		TRY	3,420		131,102		Credit Suisse First Boston Corp.
06/29/18		Buy	TRY	4,928		EUR	1,094		15,837		Credit Suisse First Boston Corp.
06/29/18		Buy	TRY	2,583		EUR	582		(1,362	)	BNP Paribas
09/28/18		Buy	EUR	991		ZAR	15,544		42,661		BNP Paribas
04/30/19		Buy	EUR	2,559		TRY	12,437		20,796		BNP Paribas
								$	175,738

Credit default swap agreements outstanding at April 30, 2017:

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Fair Value(4)		Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)		Counterparty
OTC credit default swaps on asset-backed securities—Sell Protection(2)^:
Ameriquest Home Equity		05/30/17		1.500%		85	$	11	$	—	$	11	Goldman Sachs & Co.
Ameriquest Home Equity		05/30/17		1.500%		79		10		—		10	Goldman Sachs & Co.
Ameriquest Home Equity		05/30/17		1.500%		130		16		—		16	Goldman Sachs & Co.
Ameriquest Home Equity		05/30/17		1.500%		130		16		—		16	Goldman Sachs & Co.
Bank of America Commercial Mortgage Trust		05/30/17		1.500%		16		25		—		25	Goldman Sachs & Co.
Bank of America Commercial Mortgage Trust		05/30/17		1.500%		21		32		—		32	Goldman Sachs & Co.
Bear Stearns Asset Backed Securities Trust		05/30/17		1.500%		205		26		—		26	Goldman Sachs & Co.

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 53

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Credit default swap agreements outstanding at April 30, 2017 (continued):

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Fair Value(4)		Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)		Counterparty
OTC credit default swaps on asset-backed securities—Sell Protection(2)^ (cont’d):
Bear Stearns Asset Backed Securities Trust		05/30/17		1.500%		59	$	7	$	—	$	7	Goldman Sachs & Co.
Chase Mortgage		05/30/17		1.500%		258		32		—		32	Goldman Sachs & Co.
Chase Mortgage		05/30/17		1.500%		242		30		—		30	Goldman Sachs & Co.
Chase Mortgage		05/30/17		1.500%		79		10		—		10	Goldman Sachs & Co.
Citigroup Commercial Mortgage Trust		05/30/17		1.500%		62		95		—		95	Goldman Sachs & Co.
COMM Mortgage Trust		05/30/17		1.500%		60		10		—		10	Goldman Sachs & Co.
COMM Mortgage Trust		05/30/17		1.500%		42		65		—		65	Goldman Sachs & Co.
COMM Mortgage Trust		05/30/17		1.500%		22		34		—		34	Goldman Sachs & Co.
COMM Mortgage Trust		05/30/17		1.500%		25		39		—		39	Goldman Sachs & Co.
COMM Mortgage Trust		05/30/17		1.500%		172		264		—		264	Goldman Sachs & Co.
COMM Mortgage Trust		05/30/17		1.500%		45		69		—		69	Goldman Sachs & Co.
COMM Mortgage Trust		05/30/17		1.500%		29		45		—		45	Goldman Sachs & Co.
COMM Mortgage Trust		05/30/17		1.500%		167		257		—		257	Goldman Sachs & Co.
COMM Mortgage Trust		05/30/17		1.500%		24		37		—		37	Goldman Sachs & Co.
Commercial Mortgage Pass Through Certificate		05/30/17		1.500%		36		55		—		55	Goldman Sachs & Co.
Countrywide Home Equity		05/30/17		1.500%		84		11		—		11	Goldman Sachs & Co.
Federal Home Loan Mortgage Corp.		05/02/17		1.500%		244		335		—		335	Goldman Sachs & Co.
Federal Home Loan Mortgage Corp.		05/02/17		1.500%		133		183		—		183	Goldman Sachs & Co.
Federal Home Loan Mortgage Corp.		05/02/17		1.500%		53		72		—		72	Goldman Sachs & Co.
GS Mortgage Securities Trust		05/30/17		1.500%		129		199		—		199	Goldman Sachs & Co.
GS Mortgage Securities Trust		05/30/17		1.500%		84		129		—		129	Goldman Sachs & Co.
GS Mortgage Securities Trust		05/30/17		1.500%		28		43		—		43	Goldman Sachs & Co.
GS Mortgage Securities Trust		05/30/17		1.500%		34		52		—		52	Goldman Sachs & Co.
GS Mortgage Securities Trust		05/30/17		1.500%		66		101		—		101	Goldman Sachs & Co.
GS Mortgage Securities Trust		05/30/17		1.500%		154		236		—		236	Goldman Sachs & Co.
GSAMP Home Equity		05/30/17		1.500%		80		10		—		10	Goldman Sachs & Co.

See Notes to Financial Statements.

54

Credit default swap agreements outstanding at April 30, 2017 (continued):

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Fair Value(4)		Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)		Counterparty
OTC credit default swaps on asset-backed securities—Sell Protection(2)^ (cont’d):
JPMBB Commercial Mortgage Securities Trust		05/30/17		1.500%		24	$	37	$	—	$	37	Goldman Sachs & Co.
JPMBB Commercial Mortgage Trust		05/30/17		1.500%		13		20		—		20	Goldman Sachs & Co.
JPMBB Commercial Mortgage Trust		05/30/17		1.500%		86		132		—		132	Goldman Sachs & Co.
Lehman Home Equity		05/30/17		1.500%		166		21		—		21	Goldman Sachs & Co.
LNR CDO Ltd.		05/11/17		1.500%		833		1,180		—		1,180	Goldman Sachs & Co.
Long Beach Home Equity		05/30/17		1.500%		149		19		—		19	Goldman Sachs & Co.
Morgan Stanley BAML Trust		05/30/17		1.500%		15		23		—		23	Goldman Sachs & Co.
Morgan Stanley BAML Trust		05/30/17		1.500%		40		62		—		62	Goldman Sachs & Co.
Morgan Stanley BAML Trust		05/30/17		1.500%		34		52		—		52	Goldman Sachs & Co.
Morgan Stanley BAML Trust		05/30/17		1.500%		27		42		—		42	Goldman Sachs & Co.
Morgan Stanley BAML Trust		05/30/17		1.500%		194		298		—		298	Goldman Sachs & Co.
Option One Home Equity		05/30/17		1.500%		265		33		—		33	Goldman Sachs & Co.
UBS-Barclays Commercial Mortgage Trust		05/30/17		1.500%		19		29		—		29	Goldman Sachs & Co.
Wells Fargo Home Equity		05/30/17		1.500%		107		13		—		13	Goldman Sachs & Co.
WF-RBS Commercial MortgageTrust		05/30/17		1.500%		26		40		—		40	Goldman Sachs & Co.
WF-RBS Commercial MortgageTrust		05/30/17		1.500%		20		31		—		31	Goldman Sachs & Co.
WF-RBS Commercial MortgageTrust		05/30/17		1.500%		39		60		—		60	Goldman Sachs & Co.
							$	4,648	$	—	$	4,648

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 55

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Credit default swap agreements outstanding at April 30, 2017 (continued):

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Implied Credit Spread at April 30, 2017(5)			Value at Trade Date			Value at April 30, 2017		Unrealized Appreciation (Depreciation)
Centrally cleared credit default swaps on corporate and/or sovereign issues—Sell Protection(2):
Anadarko Petroleum Corp.		06/20/21		1.000%		1,050		0.893	%	$	(79,160	)	$	5,739	$	84,899
Barrick Gold Corp.		06/20/21		1.000%		1,000		0.576	%		(25,999	)		18,159		44,158
CIT Group, Inc.		06/20/18		5.000%		1,000		0.152	%		63,918			61,347		(2,571	)
Devon Energy Corp.		06/20/20		1.000%		800		0.548	%		(66,023	)		12,094		78,117
Ford Motor Co.		06/20/21		5.000%		2,000		0.911	%		347,911			332,155		(15,756	)
Viacom, Inc.		06/20/20		1.000%		1,500		0.442	%		42			27,343		27,301
										$	240,689		$	456,837	$	216,148

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Implied Credit Spread at April 30, 2017(5)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)			Counterparty
OTC credit default swaps on corporate and/or sovereign Issues—Buy Protection(1):
Assured Guaranty Corp.		09/20/20		5.000%		300		1.007	%	$	(41,104	)	$	(16,608	)	$	(24,496	)	Credit Suisse First Boston Corp.
Bank of China Ltd.		06/20/21		1.000%		1,900		0.745	%		(21,517	)		42,740			(64,257	)	Deutsche Bank AG
China Development Bank Corp.		06/20/21		1.000%		1,900		0.665	%		(27,599	)		26,990			(54,589	)	Deutsche Bank AG
Kingdom of Spain		06/20/17		1.000%		700		0.111	%		(1,730	)		(9,413	)		7,683		Deutsche Bank AG
Kingdom of Spain		06/20/19		1.000%		700		0.265	%		(11,749	)		(2,988	)		(8,761	)	Deutsche Bank AG
Republic of Ireland		06/20/17		1.000%		700		0.067	%		(1,776	)		(12,920	)		11,144		Deutsche Bank AG
Republic of Ireland		06/20/19		1.000%		700		0.159	%		(13,354	)		(10,231	)		(3,123	)	Deutsche Bank AG
Republic of Italy		06/20/17		1.000%		700		0.191	%		(1,648	)		(5,072	)		3,424		Deutsche Bank AG
Republic of Italy		06/20/19		1.000%		900		0.629	%		(8,119	)		5,740			(13,859	)	Deutsche Bank AG
Republic of Korea		06/20/18		1.000%		10,000		0.207	%		(102,477	)		(84,386	)		(18,091	)	Barclays Capital Group
Republic of Philippines		09/20/17		1.000%		1,000		0.151	%		(4,570	)		(16,512	)	��	11,942		Goldman Sachs & Co.

See Notes to Financial Statements.

56

Credit default swap agreements outstanding at April 30, 2017 (continued):

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Implied Credit Spread at April 30, 2017(5)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)			Counterparty
OTC credit default swaps on corporate and/or sovereign Issues—Buy Protection(1) (cont’d):
Republic of Poland		06/20/17		1.000%		1,000		0.158	%	$	(2,403	)	$	(23,766	)	$	21,363		Hong Kong & Shanghai Bank
Republic of Portugal		06/20/17		1.000%		700		0.238	%		(1,600	)		3,898			(5,498	)	Deutsche Bank AG
Republic of Portugal		06/20/19		1.000%		400		0.923	%		(1,117	)		12,674			(13,791	)	Deutsche Bank AG
Republic of Slovakia		06/20/17		1.000%		1,000		0.067	%		(2,536	)		(28,054	)		25,518		Hong Kong & Shanghai Bank
										$	(243,299	)	$	(117,908	)	$	(125,391	)

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Implied Credit Spread at April 30, 2017(5)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)		Counterparty
OTC credit default swaps on corporate and/or sovereign Issues—Sell Protection(2):
Deutsche Bank AG		06/20/17		1.000%	EUR	4,450		0.144	%	$	11,768		$	(72,347	)	$	84,115	BNP Paribas
Federation of Malaysia		12/20/19		1.000%		2,000		0.559	%		25,275			16,516			8,759	Barclays Capital Group
Federation of Malaysia		12/20/19		1.000%		2,000		0.559	%		25,275			16,034			9,241	Hong Kong & Shanghai Bank
Federation of Russia		12/20/17		1.000%		1,000		0.149	%		6,705			(27,489	)		34,194	Bank of America
Federation of Russia		12/20/21		1.000%		3,000		1.366	%		(44,825	)		(178,672	)		133,847	Barclays Capital Group
Federation of Russia		12/20/21		1.000%		8,525		1.366	%		(127,377	)		(491,510	)		364,133	Barclays Capital Group
Federation of Russia		12/20/26		1.000%		1,200		2.222	%		(115,629	)		(131,616	)		15,987	Barclays Capital Group
Husky Energy, Inc.		06/20/20		1.000%		1,000		0.798	%		7,335			(41,180	)		48,515	Morgan Stanley
Kingdom of Belgium		06/20/26		1.000%		4,000		0.512	%		165,542			102,239			63,303	Barclays Capital Group
Kingdom of Belgium		12/20/24		1.000%		3,500		0.430	%		145,198			20,902			124,296	Hong Kong & Shanghai Bank
Kingdom of Belgium		03/20/20		1.000%		3,000		0.097	%		80,892			(14,500	)		95,392	JPMorgan Chase
Kingdom of Denmark		06/20/26		0.250%		1,000		0.342	%		(7,351	)		(16,628	)		9,277	Goldman Sachs & Co.

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 57

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Credit default swap agreements outstanding at April 30, 2017 (continued):

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Implied Credit Spread at April 30, 2017(5)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)			Counterparty
OTC credit default swaps on corporate and/or sovereign Issues—Sell Protection(2) (cont’d):
Kingdom of Saudi Arabia		12/20/21		1.000%		1,900		0.775	%	$	21,287		$	(38,725	)	$	60,012		Barclays Capital Group
Kingdom of Spain		09/20/20		1.000%		2,500		0.526	%		42,129			916			41,213		Barclays Capital Group
Kingdom of Spain		06/20/21		1.000%		700		0.471	%		15,647			(7,647	)		23,294		Deutsche Bank AG
Kingdom of Spain		06/20/24		1.000%		700		0.761	%		11,796			(25,398	)		37,194		Deutsche Bank AG
Kingdom of Spain		09/20/21		1.000%		1,500		0.495	%		33,814			18,281			15,533		Hong Kong & Shanghai Bank
Kingdom of Sweden		06/20/26		0.250%		1,000		0.356	%		(8,491	)		(15,719	)		7,228		Goldman Sachs & Co.
Kingdom of Thailand		12/20/21		1.000%		2,100		0.508	%		48,487			3,012			45,475		Barclays Capital Group
Oriental Republic of Uruguay		06/20/20		1.000%		4,250		1.355	%		(40,799	)		(27,517	)		(13,282	)	Citigroup Global Markets
Oriental Republic of Uruguay		06/20/21		1.000%		400		1.469	%		(6,875	)		(5,623	)		(1,252	)	Citigroup Global Markets
People’s Republic of China		12/20/21		1.000%		1,500		0.735	%		19,359			(4,230	)		23,589		Barclays Capital Group
People’s Republic of China		12/20/19		1.000%		2,000		0.389	%		34,159			20,407			13,752		Citigroup Global Markets
People’s Republic of China		12/20/21		1.000%		1,600		0.735	%		20,650			(5,233	)		25,883		Citigroup Global Markets
People’s Republic of China		06/20/21		1.000%		4,000		0.635	%		62,994			(45,657	)		108,651		Deutsche Bank AG
People’s Republic of China		03/20/22		1.000%		1,000		0.777	%		11,534			(17,211	)		28,745		Deutsche Bank AG
People’s Republic of China		03/20/22		1.000%		2,000		0.777	%		23,069			(21,992	)		45,061		Goldman Sachs & Co.
People’s Republic of China		06/20/19		1.000%		650		0.294	%		10,509			604			9,905		Hong Kong & Shanghai Bank
People’s Republic of China		12/20/19		1.000%		1,000		0.389	%		17,080			10,204			6,876		Hong Kong & Shanghai Bank
Petroleo Brasileiro SA		06/20/18		1.000%		2,300		0.726	%		9,889			(102,865	)		112,754		Barclays Capital Group
Petroleos Mexicanos		09/20/21		1.000%		2,500		1.816	%		(81,474	)		(70,058	)		(11,416	)	Goldman Sachs & Co.

See Notes to Financial Statements.

58

Credit default swap agreements outstanding at April 30, 2017 (continued):

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Implied Credit Spread at April 30, 2017(5)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)		Counterparty
OTC credit default swaps on corporate and/or sovereign Issues—Sell Protection(2) (cont’d):
Republic of Brazil		09/20/17		1.000%		1,000		0.388	%	$	3,617		$	(22,699	)	$	26,316	Barclays Capital Group
Republic of Brazil		09/20/18		1.000%		1,000		0.651	%		6,020			(44,239	)		50,259	Barclays Capital Group
Republic of Brazil		03/20/18		1.000%		1,500		0.464	%		8,941			(17,515	)		26,456	Deutsche Bank AG
Republic of Chile		12/20/21		1.000%		2,500		0.658	%		41,041			2,887			38,154	Deutsche Bank AG
Republic of Colombia		12/20/26		1.000%		1,000		2.051	%		(83,731	)		(91,189	)		7,458	Citigroup Global Markets
Republic of Colombia		12/20/21		1.000%		2,000		1.113	%		(7,674	)		(41,036	)		33,362	Hong Kong & Shanghai Bank
Republic of France		06/20/17		0.250%		2,500		0.058	%		1,434			(194,311	)		195,745	Barclays Capital Group
Republic of France		03/20/19		0.250%		1,200		0.086	%		4,051			(14,961	)		19,012	Deutsche Bank AG
Republic of France		12/20/19		0.250%		2,500		0.156	%		6,850			(15,171	)		22,021	Goldman Sachs & Co.
Republic of France		12/20/19		0.250%		7,000		0.156	%		19,181			(107,630	)		126,811	Hong Kong & Shanghai Bank
Republic of France		03/20/20		0.250%		3,000		0.116	%		12,345			(188,677	)		201,022	JPMorgan Chase
Republic of Hungary		06/20/22		1.000%		3,550		1.133	%		(18,753	)		(22,288	)		3,535	Citigroup Global Markets
Republic of Indonesia		09/20/18		1.000%		2,200		0.348	%		22,552			(122,244	)		144,796	Deutsche Bank AG
Republic of Indonesia		12/20/18		1.000%		1,200		0.411	%		12,967			(70,888	)		83,855	Goldman Sachs & Co.
Republic of Ireland		06/20/21		1.000%		700		0.310	%		20,231			3,081			17,150	Deutsche Bank AG
Republic of Ireland		06/20/24		1.000%		700		0.552	%		21,567			(8,907	)		30,474	Deutsche Bank AG
Republic of Ireland		06/20/23		1.000%		4,080		0.587	%		101,829			48,193			53,636	Goldman Sachs & Co.
Republic of Ireland		12/20/26		1.000%		2,000		0.848	%		28,136			5,096			23,040	Goldman Sachs & Co.
Republic of Ireland		06/20/18		1.000%		2,000		0.079	%		23,467			(81,678	)		105,145	Hong Kong & Shanghai Bank
Republic of Ireland		06/20/24		1.000%		4,000		0.662	%		93,606			86,119			7,487	JPMorgan Chase

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 59

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Credit default swap agreements outstanding at April 30, 2017 (continued):

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Implied Credit Spread at April 30, 2017(5)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)			Counterparty
OTC credit default swaps on corporate and/or sovereign Issues—Sell Protection(2) (cont’d):
Republic of Ireland		12/20/26		1.000%		3,100		0.848	%	$	43,611		$	(2,639	)	$	46,250		JPMorgan Chase
Republic of Italy		09/20/20		1.000%		1,500		1.364	%		(15,956	)		(13,249	)		(2,707	)	Barclays Capital Group
Republic of Italy		06/20/26		1.000%		5,000		2.145	%		(419,684	)		(371,094	)		(48,590	)	BNP Paribas
Republic of Italy		06/20/24		1.000%		900		1.443	%		(24,252	)		(50,861	)		26,609		Deutsche Bank AG
Republic of Italy		03/20/22		1.000%		3,000		1.624	%		(80,817	)		(108,518	)		27,701		Goldman Sachs & Co.
Republic of Italy		06/20/20		1.000%		6,000		1.306	%		(48,556	)		(14,463	)		(34,093	)	Hong Kong & Shanghai Bank
Republic of Italy		12/20/26		1.000%		400		2.180	%		(35,970	)		(36,893	)		923		Hong Kong & Shanghai Bank
Republic of Italy		03/20/22		1.000%		3,000		1.624	%		(80,817	)		(108,435	)		27,618		JPMorgan Chase
Republic of Korea		12/20/21		1.000%		2,000		0.514	%		45,650			37,686			7,964		Barclays Capital Group
Republic of Korea		06/20/22		1.000%		5,000		0.565	%		112,202			100,091			12,111		Barclays Capital Group
Republic of Latvia		09/20/19		1.000%		3,000		0.196	%		60,691			5,686			55,005		Barclays Capital Group
Republic of Latvia		06/20/19		1.000%		700		0.176	%		13,101			2,637			10,464		Deutsche Bank AG
Republic of Lithuania		09/20/19		1.000%		3,000		0.191	%		61,112			5,603			55,509		Barclays Capital Group
Republic of Lithuania		06/20/19		1.000%		700		0.174	%		13,121			2,637			10,484		Deutsche Bank AG
Republic of Panama		12/20/20		1.000%		5,500		0.791	%		47,070			(206,536	)		253,606		JPMorgan Chase
Republic of Peru		03/20/22		1.000%		3,000		0.924	%		14,183			(105,928	)		120,111		Barclays Capital Group
Republic of Philippines		03/20/22		1.000%		1,000		0.762	%		12,220			(17,211	)		29,431		Deutsche Bank AG
Republic of Philippines		09/20/21		1.000%		1,000		0.673	%		14,967			(15,838	)		30,805		Hong Kong & Shanghai Bank
Republic of Philippines		09/20/20		1.000%		1,700		0.506	%		29,788			(8,268	)		38,056		JPMorgan Chase
Republic of Philipppines		12/20/20		1.000%		750		0.549	%		12,856			(41	)		12,897		Deutsche Bank AG
Republic of Poland		12/20/21		1.000%		2,000		0.613	%		36,914			33,939			2,975		Barclays Capital Group

See Notes to Financial Statements.

60

Credit default swap agreements outstanding at April 30, 2017 (continued):

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Implied Credit Spread at April 30, 2017(5)			Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)		Counterparty
OTC credit default swaps on corporate and/or sovereign Issues—Sell Protection(2) (cont’d):
Republic of Poland		06/20/21		1.000%		1,000		0.523	%	$	20,301		$	17,974		$	2,327	Hong Kong & Shanghai Bank
Republic of Portugal		06/20/21		1.000%		700		1.602	%		(15,584	)		(44,566	)		28,982	Deutsche Bank AG
Republic of Portugal		06/20/24		1.000%		400		2.242	%		(29,942	)		(39,789	)		9,847	Deutsche Bank AG
Republic of Portugal		09/20/20		1.000%		1,500		1.776	%		(35,795	)		(53,625	)		17,830	Goldman Sachs & Co.
Republic of Slovakia		06/20/21		1.000%		1,000		0.291	%		29,716			21,924			7,792	Hong Kong & Shanghai Bank
Republic of Slovenia		06/20/24		1.000%		900		1.154	%		(8,010	)		(69,737	)		61,727	Hong Kong & Shanghai Bank
Republic of South Africa		12/20/18		1.000%		1,200		0.553	%		10,181			(64,857	)		75,038	Goldman Sachs & Co.
Republic of Turkey		03/20/20		1.000%		2,000		1.145	%		(5,847	)		(76,304	)		70,457	JPMorgan Chase
										$	511,703		$	(3,231,434	)	$	3,743,137

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Value at Trade Date		Value at April 30, 2017(4)		Unrealized Appreciation (Depreciation)
Centrally cleared credit default swaps on credit indices—Sell Protection(2):
CDX.NA.HY.27.V2		12/20/21		5.000%		14,850	$	1,063,433	$	1,303,048	$	239,615
CDX.NA.HY.28.V1		06/20/22		5.000%		7,500		507,376		617,403		110,027
ITRAXX.XO.27.V1		06/20/22		5.000%		EUR 12,550		1,306,916		1,571,550		264,634
							$	2,877,725	$	3,492,001	$	614,276

Reference Entity/ Obligation	Termination Date		Fixed Rate		Notional Amount (000)#(3)		Fair Value(4)			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)		Counterparty
OTC credit default swaps on credit indices—Sell Protection(2):
CMBX.NA.10.AAA		11/17/59		0.500%		15,000	$	(448,342	)	$	(454,538	)	$	6,196	Morgan Stanley

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

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 61

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

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 Portfolio 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) The fair value of credit default swap agreements on credit indices and asset-backed securities 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.

(5) 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 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 reference 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 reference 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.

Currency swap agreements outstanding at April 30, 2017:

Notional Amount (000)#		Fund Receives	Notional Amount (000)#		Fund Pays	Counterparty	Termination Date		Fair Value		Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)
	OTC currency swap agreements:
	122	3 Month LIBOR plus 208 bps	EUR	100	4.250%	Citigroup Global Markets		07/14/17	$	9,259	$	(11,428	)	$	20,687
	244	3 Month LIBOR plus 220 bps	EUR	200	4.250%	Citigroup Global Markets		07/14/17		17,890		(20,832	)		38,722
	439	3 Month LIBOR	JPY	44,780	3 Month LIBOR minus 31.25 bps	Deutsche Bank AG		05/14/17		38,553		—			38,553
	8,033	3 Month LIBOR	CAD	10,640	3 Month Canadian Banker’s Acceptance minus 16.25 bps	Goldman Sachs & Co.		10/17/18		236,190		—			236,190

See Notes to Financial Statements.

62

Currency swap agreements outstanding at April 30, 2017 (continued):

Notional Amount (000)#		Fund Receives	Notional Amount (000)#		Fund Pays	Counterparty	Termination Date		Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)
	OTC currency swap agreements (cont’d):
	5,000	3 Month LIBOR	JPY	510,300	3 Month LIBOR minus 53.375 bps	Goldman Sachs & Co.		06/17/24	$	349,298		$	—		$	349,298
CAD	7,180	3 Month Canadian Banker’s Acceptance plus 2 bps		5,421	3 Month LIBOR	Goldman Sachs & Co.		10/17/24		(155,072	)		—			(155,072	)
JPY	2,676,000	3 Month JPY LIBOR		24,044	3 Month LIBOR	JPMorgan Chase		03/28/19		(83,731	)		—			(83,731	)
AUD	3,240	minus 59.4 bps 3 Month BBSW plus 24.25 bps		3,000	3 Month LIBOR	JPMorgan Chase		05/22/19		(568,634	)		—			(568,634	)
	28,676	3 Month LIBOR	NZD	40,720	3 Month BBR plus 24 bps	JPMorgan Chase		03/20/20		669,429			—			669,429
	39,451	3 Month LIBOR	AUD	51,050	3 Month BBSW plus 18.85 bps	JPMorgan Chase		03/23/20		1,255,280			—			1,255,280
NZD	25,055	3 Month BBR plus 26 bps		18,015	3 Month LIBOR	JPMorgan Chase		01/20/21		(768,569	)		—			(768,569	)
	24,044	3 Month LIBOR	JPY	2,676,000	3 Month JPY LIBOR	JPMorgan Chase		03/28/21		63,437			—			63,437
NZD	40,720	3 Month BBR plus 31.2 bps		28,676	minus 69.3 bps 3 Month LIBOR	JPMorgan Chase		03/20/22		(678,373	)		—			(678,373	)
AUD	51,050	3 Month BBSW plus 23.55 bps		39,451	3 Month LIBOR	JPMorgan Chase		03/23/22		(1,295,422	)		—			(1,295,422	)
	4,248	3 Month LIBOR	JPY	500,000	3 Month LIBOR minus 73.00 bps	JPMorgan Chase		11/21/24		(252,344	)		—			(252,344	)
TRY	47,472	11.27%		12,942	3 Month LIBOR	Morgan Stanley		04/19/22		618,420			—			618,420
	6,646	3 Month LIBOR	TRY	24,378	10.725%	Morgan Stanley		04/19/27		(379,318	)		—			(379,318	)
									$	(923,707	)	$	(32,260	)	$	(891,447	)

Forward rate agreements outstanding at April 30, 2017:

Notional Amount (000)#		Termination Date		Fixed Rate	Floating Rate	Value at Trade Date		Value at April 30, 2017			Unrealized Appreciation (Depreciation)
	Centrally cleared forward rate agreement:
	961,700		12/20/17	1.568%	3 Month LIBOR(1)	$	—	$	(206,754	)	$	(206,754	)

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 63

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Forward rate agreements outstanding at April 30, 2017 (continued):

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)			Counterparty
	OTC forward rate agreements:
	20,600		05/25/17		3.418%	102 CMM(1)^	$	9,238		$	—	$	9,238		Citigroup Global Markets
	10,300		05/25/17		3.430%	102 CMM(1)^		5,906			—		5,906		Citigroup Global Markets
CZK	3,570,000		05/09/17		0.250%	3 Month PRIBOR(1)		14,600			—		14,600		Hong Kong & Shanghai Bank
	20,600		05/25/17		2.150%	7 Year CMT(2)^		(7,595	)		—		(7,595	)	Citigroup Global Markets
	10,300		05/25/17		2.160%	7 Year CMT(2)^		(4,828	)		—		(4,828	)	Citigroup Global Markets
							$	17,321		$	—	$	17,321

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

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

Interest rate swap agreements outstanding at April 30, 2017:

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Value at Trade Date			Value at April 30, 2017			Unrealized Appreciation (Depreciation)
	Centrally cleared swap agreements:
AUD	20,370		10/26/18		1.765%	3 Month BBSW(1)	$	150		$	2,733		$	2,583
AUD	30,400		10/27/18		1.793%	3 Month BBSW(1)		167			(4,939	)		(5,106	)
AUD	16,890		10/26/21		2.115%	6 Month BBSW(2)		167			(139,850	)		(140,017	)
AUD	25,030		10/27/21		2.125%	6 Month BBSW(2)		192			(199,139	)		(199,331	)
AUD	2,240		10/27/21		2.173%	6 Month BBSW(2)		(231	)		(14,380	)		(14,149	)
AUD	4,000		09/21/22		3.830%	6 Month BBSW(2)		(72,198	)		212,435			284,633
AUD	1,000		05/02/26		2.650%	6 Month BBSW(2)		120			(6,817	)		(6,937	)
AUD	4,500		10/26/26		2.365%	6 Month BBSW(1)		140			135,344			135,204
AUD	6,600		10/27/26		2.355%	6 Month BBSW(1)		151			202,789			202,638
AUD	2,000		12/19/32		4.423%	6 Month BBSW(2)		(5,184	)		263,735			268,919
CAD	22,000		10/19/18		0.955%	3 Month Canadian Banker’s Acceptance(2)		152			(12,971	)		(13,123	)
CAD	41,460		10/26/18		0.910%	3 Month Canadian Banker’s Acceptance(2)		171			(45,318	)		(45,489	)
CAD	31,070		12/22/18		1.180%	3 Month Canadian Banker’s Acceptance(2)		33,376			129,624			96,248
CAD	15,000		02/08/19		1.070%	3 Month Canadian Banker’s Acceptance(2)		140			7,937			7,797
CAD	4,500		01/09/20		1.716%	3 Month Canadian Banker’s Acceptance(1)		119			(66,191	)		(66,310	)
CAD	3,550		03/07/21		0.983%	3 Month Canadian Banker’s Acceptance(2)		124			(26,917	)		(27,041	)
CAD	20,550		12/22/21		1.560%	3 Month Canadian Banker’s Acceptance(1)		(63,051	)		(229,968	)		(166,917	)

See Notes to Financial Statements.

64

Interest rate swap agreements outstanding at April 30, 2017 (continued):

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Value at Trade Date			Value at April 30, 2017			Unrealized Appreciation (Depreciation)
	Centrally cleared swap agreements (cont’d):
CAD	20,310		04/05/22		1.445%	3 Month Canadian Banker’s Acceptance(1)	$	—		$	(73,886	)	$	(73,886	)
CAD	4,200		08/17/22		2.370%	3 Month Canadian Banker’s Acceptance(2)		(22,601	)		166,271			188,872
CAD	3,000		08/20/23		3.134%	3 Month Canadian Banker’s Acceptance(1)		135			(233,313	)		(233,448	)
CAD	1,500		04/22/26		1.670%	3 Month Canadian Banker’s Acceptance(2)		127			(2,559	)		(2,686	)
CAD	3,070		06/25/30		2.651%	3 Month Canadian Banker’s Acceptance(2)		83,226			182,617			99,391
CAD	2,020		10/26/46		1.797%	3 Month Canadian Banker’s Acceptance(2)		(183,057	)		(166,726	)		16,331
CHF	13,685		12/06/20		(0.265%)	6 Month CHF LIBOR(1)		203			(23,571	)		(23,774	)
CHF	2,400		10/21/21		(0.522%)	6 Month CHF LIBOR(2)		162			(20,331	)		(20,493	)
CHF	10,950		12/06/23		0.103%	6 Month CHF LIBOR(2)		208			61,327			61,119
CHF	2,735		12/06/28		0.468%	6 Month CHF LIBOR(1)		171			(26,799	)		(26,970	)
CHF	800		10/17/31		0.033%	6 Month CHF LIBOR(2)		163			(38,271	)		(38,434	)
CZK	171,000		01/06/22		0.555%	6 Month PRIBOR(2)		33			(131,773	)		(131,806	)
CZK	34,000		01/23/22		0.513%	6 Month PRIBOR(2)		14			(29,782	)		(29,796	)
CZK	213,000		04/27/22		0.925%	6 Month PRIBOR(2)		—			(33,104	)		(33,104	)
CZK	108,675		04/27/27		1.300%	6 Month PRIBOR(1)		—			20,595			20,595
DKK	15,000		01/27/20		0.385%	6 Month CIBOR(2)		31			19,119			19,088
DKK	20,900		10/17/21		0.185%	6 Month CIBOR(2)		(59,047	)		(16,389	)		42,658
DKK	13,600		05/04/25		0.825%	6 Month CIBOR(2)		38			19,559			19,521
DKK	5,000		08/29/26		0.580%	6 Month CIBOR(2)		29			(22,552	)		(22,581	)
DKK	1,300		10/21/26		0.673%	6 Month CIBOR(2)		24			(4,710	)		(4,734	)
DKK	13,000		03/15/27		1.123%	6 Month CIBOR(2)		—			20,681			20,681
EUR	2,300		09/01/18		0.174%	6 Month EURIBOR(2)		173			16,584			16,411
EUR	4,000		10/26/18		(0.189%)	6 Month EURIBOR(2)		173			(3,996	)		(4,169	)
EUR	18,660		05/26/19		(0.118%)	6 Month EURIBOR(2)		—			5,141			5,141
EUR	830		07/02/19		0.656%	6 Month EURIBOR(2)		171			20,962			20,791
EUR	1,000		05/29/20		0.373%	6 Month EURIBOR(2)		171			18,323			18,152
EUR	610		07/02/21		0.994%	6 Month EURIBOR(2)		170			30,913			30,743
EUR	700		08/14/21		0.841%	3 Month EURIBOR(2)		172			32,679			32,507
EUR	650		03/02/22		0.072%	6 Month EURIBOR(2)		(63,289	)		(3,401	)		59,888
EUR	15,140		05/26/22		0.234%	6 Month EURIBOR(1)		—			(14,329	)		(14,329	)
EUR	700		09/03/23		2.171%	6 Month EURIBOR(2)		173			98,865			98,692
EUR	1,600		10/10/23		2.130%	6 Month EURIBOR(2)		183			218,462			218,279
EUR	1,410		05/12/25		0.895%	6 Month EURIBOR(2)		184			54,245			54,061
EUR	17,940		08/15/25		0.395%	6 Month EURIBOR(1)		307			299,700			299,393
EUR	3,830		05/26/27		0.805%	6 Month EURIBOR(2)		—			(1,394	)		(1,394	)

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 65

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Interest rate swap agreements outstanding at April 30, 2017 (continued):

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Value at Trade Date			Value at April 30, 2017			Unrealized Appreciation (Depreciation)
	Centrally cleared swap agreements (cont’d):
EUR	2,000		03/04/29		2.302%	6 Month EURIBOR(2)	$	245,067		$	345,689		$	100,622
EUR	1,000		06/04/29		2.002%	6 Month EURIBOR(2)		177			151,349			151,172
EUR	1,360		11/11/29		1.453%	6 Month EURIBOR(2)		174			86,954			86,780
EUR	1,800		01/14/30		1.022%	6 Month EURIBOR(2)		180			4,900			4,720
EUR	2,000		03/02/31		0.825%	6 Month EURIBOR(2)		(76,214	)		(78,161	)		(1,947	)
EUR	700		04/07/31		0.819%	6 Month EURIBOR(2)		178			(29,554	)		(29,732	)
EUR	450		05/03/31		1.048%	6 Month EURIBOR(2)		179			1,018			839
EUR	2,220		05/09/31		1.587%	6 Month EURIBOR(2)		205			(30,872	)		(31,077	)
EUR	1,500		07/04/31		0.672%	6 Month EURIBOR(2)		181			(91,025	)		(91,206	)
EUR	570		08/02/31		0.584%	6 Month EURIBOR(2)		174			(43,482	)		(43,656	)
EUR	1,500		08/26/31		0.562%	6 Month EURIBOR(2)		184			(121,897	)		(122,081	)
EUR	700		09/09/31		0.558%	6 Month EURIBOR(2)		176			(57,866	)		(58,042	)
EUR	600		10/04/31		0.593%	6 Month EURIBOR(2)		175			(47,322	)		(47,497	)
EUR	1,700		12/14/31		1.217%	6 Month EURIBOR(2)		176			26,793			26,617
EUR	1,850		12/19/31		1.160%	6 Month EURIBOR(2)		565			11,934			11,369
EUR	800		12/19/31		1.161%	6 Month EURIBOR(2)		164			5,296			5,132
EUR	2,600		12/27/31		1.082%	6 Month EURIBOR(2)		13,245			(16,411	)		(29,656	)
EUR	6,400		02/23/32		1.180%	6 Month EURIBOR(2)		220			35,150			34,930
EUR	1,000		03/29/32		1.170%	6 Month EURIBOR(2)		—			1,775			1,775
EUR	1,400		04/04/32		1.145%	6 Month EURIBOR(2)		—			(3,665	)		(3,665	)
EUR	2,000		04/10/32		1.105%	6 Month EURIBOR(2)		—			(18,364	)		(18,364	)
EUR	6,000		06/28/32		0.785%	6 Month EURIBOR(2)		257			(325,030	)		(325,287	)
EUR	1,135		12/28/35		1.559%	6 Month EURIBOR(2)		153			61,623			61,470
EUR	700		06/02/36		1.072%	6 Month EURIBOR(2)		179			(24,761	)		(24,940	)
EUR	600		09/26/36		0.749%	6 Month EURIBOR(2)		177			(64,134	)		(64,311	)
EUR	600		09/28/36		0.729%	6 Month EURIBOR(2)		178			(66,629	)		(66,807	)
EUR	1,000		11/02/36		0.958%	6 Month EURIBOR(2)		179			(65,635	)		(65,814	)
EUR	1,500		02/02/37		1.355%	6 Month EURIBOR(2)		188			13,446			13,258
EUR	235		07/04/42		1.001%	6 Month EURIBOR(2)		11			(21,152	)		(21,163	)
EUR	440		07/01/43		2.505%	6 Month EURIBOR(2)		—			132,428			132,428
EUR	500		09/03/43		2.691%	6 Month EURIBOR(2)		177			172,510			172,333
EUR	1,000		11/21/44		1.790%	6 Month EURIBOR(2)		181			108,756			108,575
EUR	1,390		05/09/46		1.357%	6 Month EURIBOR(1)		200			69,971			69,771
GBP	690		06/30/19		2.166%	6 Month GBP LIBOR(2)		203			35,463			35,260
GBP	850		08/04/19		0.109%	1 Day SONIA(1)		200			5,879			5,679
GBP	1,500		03/02/20		0.338%	1 Day SONIA(1)		—			170			170
GBP	510		06/30/21		2.469%	6 Month GBP LIBOR(2)		204			51,774			51,570
GBP	4,100		09/07/25		1.075%	6 Month GBP LIBOR(1)		197			(16,251	)		(16,448	)
GBP	13,700		08/17/26		0.439%	1 Day SONIA(1)		(55,306	)		569,065			624,371
GBP	2,580		12/13/26		1.383%	6 Month GBP LIBOR(1)		213			(89,680	)		(89,893	)
GBP	3,590		04/15/27		3.460%	1 Month UKRPI(1)		—			(831	)		(831	)

See Notes to Financial Statements.

66

Interest rate swap agreements outstanding at April 30, 2017 (continued):

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Value at Trade Date			Value at April 30, 2017			Unrealized Appreciation (Depreciation)
	Centrally cleared swap agreements (cont’d):
GBP	10,740		06/23/31		1.618%	6 Month GBP LIBOR(2)	$	369		$	580,736		$	580,367
GBP	4,430		12/21/31		1.534%	6 Month Sterling LIBOR(2)		235			167,913			167,678
GBP	800		12/22/31		1.533%	6 Month Sterling LIBOR(2)		194			30,133			29,939
GBP	7,525		02/26/32		—(3)	—(3)		—			13,274			13,274
GBP	2,780		02/27/32		1.374%	6 Month GBP LIBOR(2)		16,473			15,844			(629	)
GBP	2,820		12/13/36		1.644%	6 Month GBP LIBOR(2)		238			163,009			162,771
GBP	1,490		04/15/37		3.570%	1 Month UKRPI(2)		—			(3,800	)		(3,800	)
GBP	3,810		06/23/46		1.626%	6 Month GBP LIBOR(1)		244			(297,637	)		(297,881	)
GBP	1,010		12/13/46		1.615%	6 Month GBP LIBOR(1)		213			(77,159	)		(77,372	)
GBP	8,520		12/21/46		1.551%	6 Month GBP LIBOR(1)		385			(469,588	)		(469,973	)
HUF	623,000		12/23/21		1.153%	6 Month BUBOR(1)		9			1,836			1,827
HUF	375,000		09/09/23		1.365%	6 Month BUBOR(2)		(32,218	)		(18,613	)		13,605
HUF	1,667,000		12/23/26		3.755%	6 Month BUBOR(2)		41			(27,705	)		(27,746	)
JPY	32,800		07/04/21		(0.157%)	6 Month JPY LIBOR(2)		(15,013	)		(2,648	)		12,365
JPY	500,000		10/25/21		(0.047%)	6 Month JPY LIBOR(2)		21			(20,489	)		(20,510	)
JPY	320,000		01/29/22		0.316%	6 Month JPY LIBOR(2)		16			37,466			37,450
JPY	102,400		10/25/23		(0.015%)	6 Month JPY LIBOR(2)		(87,716	)		(6,878	)		80,838
JPY	140,000		09/21/26		0.098%	6 Month JPY LIBOR(2)		(169,998	)		(12,056	)		157,942
JPY	135,000		04/25/27		0.221%	6 Month JPY LIBOR(2)		—			(182	)		(182	)
JPY	716,800		04/16/28		1.235%	6 Month JPY LIBOR(2)		(61,410	)		688,711			750,121
JPY	135,000		02/20/29		1.260%	6 Month JPY LIBOR(2)		49,802			140,090			90,288
JPY	50,000		04/02/29		1.288%	6 Month JPY LIBOR(2)		5			52,921			52,916
JPY	100,000		08/18/29		1.070%	6 Month JPY LIBOR(2)		11			84,272			84,261
JPY	100,000		08/28/29		1.043%	6 Month JPY LIBOR(2)		10			80,990			80,980
JPY	200,000		09/09/29		1.061%	6 Month JPY LIBOR(2)		(1,275	)		165,805			167,080
JPY	655,000		09/29/29		1.064%	6 Month JPY LIBOR(2)		411,209			541,449			130,240
JPY	200,000		04/01/31		0.319%	6 Month JPY LIBOR(2)		26			(18,713	)		(18,739	)
JPY	215,000		05/06/31		0.354%	6 Month JPY LIBOR(2)		28			(9,120	)		(9,148	)
JPY	150,000		07/07/31		0.071%	6 Month JPY LIBOR(2)		14			(63,606	)		(63,620	)
JPY	256,500		08/15/31		0.223%	6 Month JPY LIBOR(2)		25			(60,790	)		(60,815	)
JPY	130,000		08/30/31		0.217%	6 Month JPY LIBOR(2)		13			(32,187	)		(32,200	)
JPY	120,000		09/08/31		0.316%	6 Month JPY LIBOR(2)		12			(14,616	)		(14,628	)
JPY	190,000		09/21/31		0.328%	6 Month JPY LIBOR(2)		27			(21,060	)		(21,087	)
JPY	350,000		10/14/31		0.270%	6 Month JPY LIBOR(2)		47			(67,031	)		(67,078	)
JPY	200,000		04/06/32		0.484%	6 Month JPY LIBOR(2)		—			12,387			12,387
JPY	159,520		04/07/32		0.491%	6 Month JPY LIBOR(2)		—			11,370			11,370
JPY	160,000		11/14/32		2.390%	6 Month JPY LIBOR(2)		(26,599	)		242,776			269,375
JPY	180,000		11/05/34		1.293%	6 Month JPY LIBOR(2)		85,259			219,641			134,382
JPY	70,000		12/03/34		1.265%	6 Month JPY LIBOR(2)		9			81,766			81,757
JPY	260,000		01/07/35		1.108%	6 Month JPY LIBOR(2)		31			235,399			235,368

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 67

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Interest rate swap agreements outstanding at April 30, 2017 (continued):

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Value at Trade Date			Value at April 30, 2017			Unrealized Appreciation (Depreciation)
	Centrally cleared swap agreements (cont’d):
JPY	50,000		01/22/35		0.950%	6 Month JPY LIBOR(2)	$	7		$	32,453		$	32,446
JPY	120,000		02/12/35		1.161%	6 Month JPY LIBOR(2)		16			117,602			117,586
JPY	320,000		02/24/35		1.200%	6 Month JPY LIBOR(2)		40			332,425			332,385
JPY	160,000		03/03/35		1.153%	6 Month JPY LIBOR(2)		21			153,719			153,698
JPY	90,000		02/04/36		0.816%	6 Month JPY LIBOR(2)		12			35,524			35,512
JPY	65,000		05/16/36		0.446%	6 Month JPY LIBOR(2)		10			(15,436	)		(15,446	)
JPY	110,000		05/27/36		0.460%	6 Month JPY LIBOR(2)		18			(23,859	)		(23,877	)
JPY	60,000		07/22/36		0.240%	6 Month JPY LIBOR(2)		11			(36,802	)		(36,813	)
JPY	300,000		10/04/36		0.363%	6 Month JPY LIBOR(2)		42			(127,318	)		(127,360	)
JPY	150,000		11/02/36		0.423%	6 Month JPY LIBOR(2)		21			(46,422	)		(46,443	)
JPY	400,000		12/14/36		0.723%	6 Month JPY LIBOR(2)		49			83,601			83,552
JPY	150,000		12/22/36		0.641%	6 Month JPY LIBOR(2)		19			9,308			9,289
JPY	250,000		01/06/37		0.675%	6 Month JPY LIBOR(2)		30			29,525			29,495
JPY	275,500		02/15/37		0.729%	6 Month JPY LIBOR(2)		34			55,395			55,361
JPY	130,000		02/23/37		0.748%	6 Month JPY LIBOR(2)		17			30,270			30,253
JPY	100,000		03/02/37		0.686%	6 Month JPY LIBOR(2)		—			12,165			12,165
JPY	273,000		03/09/37		0.701%	6 Month JPY LIBOR(2)		15,040			39,933			24,893
JPY	200,000		03/29/37		0.684%	6 Month JPY LIBOR(2)		—			21,821			21,821
JPY	94,310		05/08/37		0.623%	6 Month JPY LIBOR(2)		—			(976	)		(976	)
JPY	60,000		06/17/41		0.318%	6 Month JPY LIBOR(2)		11			(49,618	)		(49,629	)
JPY	100,000		07/07/41		0.187%	6 Month JPY LIBOR(2)		17			(111,091	)		(111,108	)
JPY	110,291		04/15/46		0.560%	6 Month JPY LIBOR(2)		—			(58,799	)		(58,799	)
MXN	27,400		12/27/24		5.795%	28 Day Mexican Interbank Rate(2)		21			(141,160	)		(141,181	)
MXN	92,000		10/15/26		6.445%	28 Day Mexican Interbank Rate(2)		47			(352,742	)		(352,789	)
MXN	130,040		12/09/26		7.780%	28 Day Mexican Interbank Rate(2)		(91,727	)		161,630			253,357
NOK	11,000		01/23/22		1.435%	6 Month NIBOR(2)		23			(2,740	)		(2,763	)
NOK	29,500		02/23/23		1.350%	6 Month NIBOR(2)		(3,642	)		(48,000	)		(44,358	)
NOK	9,500		04/25/26		1.548%	6 Month NIBOR(2)		28			(28,767	)		(28,795	)
NOK	6,600		07/21/26		1.320%	6 Month NIBOR(2)		23			(31,109	)		(31,132	)
NOK	4,500		09/09/26		1.370%	6 Month NIBOR(2)		22			(19,529	)		(19,551	)
NOK	16,400		11/01/26		1.650%	6 Month NIBOR(2)		32			(36,864	)		(36,896	)
NOK	14,100		03/15/27		2.103%	6 Month NIBOR(2)		—			30,364			30,364
NZD	35,000		09/22/18		2.048%	3 Month BBR(2)		167			(37,226	)		(37,393	)
NZD	2,600		03/13/19		4.550%	3 Month BBR(2)		—			80,306			80,306
NZD	2,830		04/26/23		2.733%	3 Month BBR(2)		(67,254	)		(30,421	)		36,833
NZD	1,750		03/13/24		5.080%	3 Month BBR(2)		28,107			151,153			123,046
NZD	2,500		03/15/24		3.355%	3 Month BBR(2)		2,492			27,850			25,358
NZD	1,900		05/01/25		3.825%	3 Month BBR(2)		114			73,866			73,752
PLN	15,000		10/17/21		2.070%	6 Month WIBOR(2)		59			(4,738	)		(4,797	)
PLN	9,000		02/13/22		1.990%	6 Month WIBOR(2)		51			(40,393	)		(40,444	)
PLN	6,000		03/15/22		2.530%	6 Month WIBOR(2)		—			10,677			10,677

See Notes to Financial Statements.

68

Interest rate swap agreements outstanding at April 30, 2017 (continued):

Notional Amount (000)#		Termination Date		Fixed Rate			Floating Rate	Value at Trade Date			Value at April 30, 2017			Unrealized Appreciation (Depreciation)
	Centrally cleared swap agreements (cont’d):
PLN	4,000		03/14/23		3.810	%	6 Month WIBOR(2)	$	65,345		$	75,748		$	10,403
PLN	11,000		09/09/23		1.900	%	6 Month WIBOR(2)		(435,493	)		(81,825	)		353,668
SEK	20,000		01/20/20		0.485	%	3 Month STIBOR(2)		28			42,452			42,424
SEK	13,000		09/15/21		(0.003	%)	3 Month STIBOR(2)		26			(10,494	)		(10,520	)
SEK	27,200		12/15/21		0.203	%	3 Month STIBOR(2)		(606	)		1,610			2,216
SEK	12,700		04/25/23		0.750	%	3 Month STIBOR(2)		30			23,561			23,531
SEK	15,550		03/15/24		0.840	%	3 Month STIBOR(2)		—			27,215			27,215
SEK	12,700		08/29/24		1.657	%	3 Month STIBOR(2)		22,803			115,197			92,394
SEK	3,000		11/16/25		1.485	%	3 Month STIBOR(2)		19			19,355			19,336
SEK	6,000		12/09/25		1.505	%	3 Month STIBOR(2)		22			38,855			38,833
SEK	15,000		06/27/26		1.001	%	3 Month STIBOR(2)		33			18,672			18,639
	24,040		08/19/17		0.524	%	1 Day USOIS(1)		172			46,695			46,523
	102,110		09/09/17		0.539	%	1 Day USOIS(1)		14,419			224,648			210,229
	47,720		10/21/17		0.590	%	1 Day USOIS(1)		807			124,045			123,238
	29,780		11/01/17		0.639	%	1 Day USOIS(1)		217			68,778			68,561
	59,860		11/14/17		0.675	%	1 Day USOIS(1)		(4,865	)		133,267			138,132
	29,205		11/22/17		0.716	%	1 Day USOIS(1)		216			58,108			57,892
	38,730		01/07/18		1.093	%	1 Day USOIS(1)		—			858			858
	290,940		01/31/18		1.278	%	1 Day USOIS(1)		—			(3,608	)		(3,608	)
	30,395		02/21/18		0.941	%	1 Day USOIS(1)		218			42,104			41,886
	43,000		09/30/18		0.655	%	1 Day USOIS(1)		248			373,925			373,677
	25,300		09/30/18		0.747	%	1 Day USOIS(1)		207			179,452			179,245
	12,810		10/07/18		1.253	%	1 Day USOIS(1)		—			(3,212	)		(3,212	)
	29,280		11/17/18		1.080	%	1 Day USOIS(1)		216			86,261			86,045
	44,020		11/18/18		0.911	%	1 Day USOIS(1)		(2,127	)		200,670			202,797
	30,800		02/28/19		1.806	%	3 Month LIBOR(1)		60,864			(185,630	)		(246,494	)
	12,032		03/31/19		1.431	%	1 Day USOIS(1)		—			(13,238	)		(13,238	)
	12,038		03/31/19		1.432	%	1 Day USOIS(1)		—			(13,400	)		(13,400	)
	2,500		02/04/20		1.523	%	3 Month LIBOR(1)		160			9,375			9,215
	4,080		03/11/20		1.824	%	3 Month LIBOR(1)		166			(16,393	)		(16,559	)
	1,200		03/23/20		1.616	%	3 Month LIBOR(1)		155			3,052			2,897
	29,390		04/04/20		—	(4)	—(4)		—			(9,377	)		(9,377	)
	6,030		08/31/21		2.015	%	3 Month LIBOR(1)		105			(28,556	)		(28,661	)
	21,090		12/31/21		1.370	%	3 Month LIBOR(1)		139			426,748			426,609
	3,360		03/22/22		2.175	%	U.S. CPI Urban Consumers NSA Index(1)		(585	)		(16,694	)		(16,109	)
	5,095		04/04/22		—	(5)	—(5)		—			(2,453	)		(2,453	)
	4,900		12/31/22		1.409	%	3 Month LIBOR(1)		176			135,361			135,185
	1,400		12/31/22		1.412	%	3 Month LIBOR(1)		158			38,458			38,300
	9,915		12/31/22		1.480	%	3 Month LIBOR(1)		120			233,708			233,588
	10,000		04/05/23		1.427	%	3 Month LIBOR(1)		222			328,203			327,981
	26,970		05/31/23		1.578	%	3 Month LIBOR(1)		(51,651	)		563,541			615,192

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 69

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Interest rate swap agreements outstanding at April 30, 2017 (continued):

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Value at Trade Date			Value at April 30, 2017			Unrealized Appreciation (Depreciation)
	Centrally cleared swap agreements (cont’d):
	20,020		08/15/23		1.365%	3 Month LIBOR(1)	$	259		$	791,892		$	791,633
	2,625		08/15/23		1.406%	3 Month LIBOR(1)		165			97,186			97,021
	12,500		08/15/23		1.422%	3 Month LIBOR(1)		218			450,591			450,373
	9,545		08/15/23		1.459%	3 Month LIBOR(1)		453,056			321,816			(131,240	)
	27,780		11/15/23		2.209%	3 Month LIBOR(1)		301			(284,891	)		(285,192	)
	49,210		02/15/24		2.167%	3 Month LIBOR(1)	��	—			(199,743	)		(199,743	)
	1,150		04/28/26		1.809%	3 Month LIBOR(1)		158			37,731			37,573
	3,360		03/22/27		2.283%	U.S. CPI Urban Consumers NSA Index(2)		—			16,135			16,135
	7,225		05/03/32		2.434%	3 Month LIBOR(2)		—			15,572			15,572
	5,715		05/03/37		2.508%	3 Month LIBOR(1)		—			(18,276	)		(18,276	)
	1,680		02/15/42		1.369%	1 Day USOIS(1)		181			245,809			245,628
	845		09/27/46		1.380%	1 Day USOIS(1)		165			134,868			134,703
ZAR	3,320		08/26/20		7.855%	3 Month JIBAR(2)		3			4,550			4,547
ZAR	17,000		11/15/23		8.085%	3 Month JIBAR(2)		(311	)		29,172			29,483
ZAR	16,800		05/12/26		8.680%	3 Month JIBAR(2)		18			68,213			68,195
							$	(33,359	)	$	8,881,639		$	8,914,998

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Fair Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)			Counterparty
	OTC swap agreements:
CLP	2,890,000		02/09/27		4.120%	1 Day CLOIS(2)	$	50,960		$	—	$	50,960		Morgan Stanley
CNH	50,320		04/26/19		3.700%	7 day China Fixing Repo Rates(2)		(14,221	)		—		(14,221	)	Morgan Stanley
CNH	21,365		04/26/22		3.940%	7 day China Fixing Repo Rates(1)		9,249			—		9,249		Morgan Stanley
COP	33,350,000		07/22/18		6.810%	1 Day COOIS(1)		(209,502	)		—		(209,502	)	Morgan Stanley
COP	33,000,000		12/06/18		6.100%	1 Day COOIS(1)		(154,369	)		—		(154,369	)	Morgan Stanley
COP	4,351,000		11/01/26		6.590%	1 Day COOIS(2)		86,401			—		86,401		Morgan Stanley
COP	10,220,000		11/04/26		6.770%	1 Day COOIS(2)		251,273			—		251,273		Morgan Stanley
CZK	25,000		06/27/18		1.635%	6 Month PRIBOR(2)		26,732			—		26,732		Hong Kong & Shanghai Bank
GBP	2,480		11/03/26		3.455%	1 Month UKRPI(2)		(19,808	)		—		(19,808	)	Citigroup Global Markets
HKD	30,800		04/28/20		1.400%	3 Month HIBOR(1)		15,065			—		15,065		Citigroup Global Markets
ILS	6,500		11/20/18		2.200%	3 Month TELBOR(2)		73,415			—		73,415		Hong Kong & Shanghai Bank
ILS	7,500		12/09/22		1.530%	3 Month TELBOR(2)		64,323			—		64,323		Citigroup Global Markets
ILS	3,200		03/06/23		3.525%	3 Month TELBOR(2)		125,225			—		125,225		Deutsche Bank AG

See Notes to Financial Statements.

70

Interest rate swap agreements outstanding at April 30, 2017 (continued):

Notional Amount (000)#		Termination Date		Fixed Rate		Floating Rate	Fair Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)			Counterparty
	OTC swap agreements (cont’d):
ILS	4,200		06/27/23		3.730%	3 Month TELBOR(2)	$	211,254		$	—		$	211,254		Credit Suisse First Boston Corp.
ILS	3,000		04/26/26		1.685%	3 Month TELBOR(2)		(8,495	)		—			(8,495	)	JPMorgan Chase
ILS	5,000		06/24/26		1.660%	3 Month TELBOR(2)		(1,527	)		—			(1,527	)	Citigroup Global Markets
ILS	4,000		09/19/26		1.600%	3 Month TELBOR(2)		(16,234	)		—			(16,234	)	Barclays Capital Group
ILS	7,000		01/12/27		1.975%	3 Month TELBOR(2)		19,724			—			19,724		Citigroup Global Markets
ILS	3,000		03/15/27		2.130%	3 Month TELBOR(2)		15,660			—			15,660		Citigroup Global Markets
JPY	35,000		12/14/32		1.575%	6 Month JPY LIBOR(2)		56,641			—			56,641		Hong Kong & Shanghai Bank
KRW	1,500,000		08/14/21		2.773%	3 Month KRW LIBOR(2)		63,194			—			63,194		Hong Kong & Shanghai Bank
KRW	655,000		10/07/22		1.765%	3 Month KRW LIBOR(2)		966			—			966		JPMorgan Chase
KRW	900,000		11/05/24		2.425%	3 Month KRW LIBOR(2)		35,981			—			35,981		Barclays Capital Group
KRW	1,485,000		10/28/26		1.520%	3 Month KRW LIBOR(2)		(41,110	)		(14	)		(41,096	)	JPMorgan Chase
KRW	2,040,000		04/26/27		1.880%	3 Month KRW LIBOR(2)		(1,802	)		—			(1,802	)	Morgan Stanley
KRW	1,280,000		10/17/28		1.450%	3 Month KRW LIBOR(2)		(55,245	)		—			(55,245	)	Citigroup Global Markets
KRW	520,000		01/27/31		1.870%	3 Month KRW LIBOR(2)		(3,769	)		—			(3,769	)	JPMorgan Chase
MYR	16,000		08/19/23		3.445%	3 Month KLIBOR(2)		(112,509	)		—			(112,509	)	Morgan Stanley
MYR	1,700		04/28/25		4.040%	3 Month KLIBOR(2)		(1,767	)		—			(1,767	)	Citigroup Global Markets
SGD	5,450		04/30/20		1.850%	6 Month SIBOR(2)		4,152			—			4,152		Citigroup Global Markets
THB	120,000		08/23/23		1.920%	6 Month BIBOR(2)		(75,578	)		—			(75,578	)	Morgan Stanley
THB	28,900		04/30/25		2.560%	6 Month BIBOR(2)		817			—			817		Citigroup Global Markets
TWD	115,500		03/17/21		0.780%	3 Month TAIBOR(2)		(13,870	)		—			(13,870	)	Barclays Capital Group
ZAR	40,930		03/22/42		7.800%	3 Month JIBAR(2)		(102,834	)		—			(102,834	)	Deutsche Bank AG
ZAR	38,700		03/22/47		7.650%	3 Month JIBAR(1)		104,448			—			104,448		Deutsche Bank AG
							$	382,840		$	(14	)	$	382,854

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 71

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Interest rate swap agreements outstanding at April 30, 2017 (continued):

Foreign Bonds with a combined market value of $12,048,755 have been segregated with Citigroup Global Markets to cover requirements for open centrally cleared credit default and interest rate swap contracts at April 30, 2017.

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

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

(3) The Fund pays the floating rate of 3 Month GBP LIBOR plus 3.1 bps and receives the floating rate of 6 Month GBP LIBOR.

(4) The Fund pays the floating rate of 3 Month LIBOR plus 12 bps and receives the floating rate of 6 Month LIBOR.

(5) The Fund pays the floating rate of 6 Month LIBOR and receives the floating rate of 3 Month LIBOR plus 11.75 bps.

Fair Value Measurements:

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—unadjusted 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.

The following is a summary of the inputs used as of April 30, 2017 in valuing such portfolio securities:

	Level 1		Level 2		Level 3
Investments in Securities
Foreign Bonds
Argentina	$	—	$	5,635,092	$	—
Australia		—		2,305,325		—
Austria		—		2,656,970		—
Belgium		—		9,257,516		—
Brazil		—		11,078,789		—
Bulgaria		—		8,522,528		—
Canada		—		8,117,535		—
Cayman Islands		—		1,620,000		—
Chile		—		509,067		—
China		—		498,834		—
Colombia		—		7,664,893		—
Croatia		—		1,186,358		—
Cyprus		—		14,270,430		—
Denmark		—		1,529,883		—
Dominican Republic		—		4,020,356		—

See Notes to Financial Statements.

72

	Level 1		Level 2		Level 3
Foreign Bonds (continued)
Finland	$	—	$	781,000	$	—
France		—		13,966,577		—
Germany		—		11,385,721		—
Greece		—		20,544,998		—
Hong Kong		—		2,201,360		—
Hungary		—		14,172,263		—
Iceland		—		2,337,881		—
India		—		765,393		—
Indonesia		—		11,648,718		—
Ireland		—		1,595,810		—
Italy		—		23,774,386		—
Japan		—		27,242,094		—
Kuwait		—		2,068,450		—
Lithuania		—		3,227,922		—
Luxembourg		—		539,880		—
Macedonia		—		555,816		—
Malaysia		—		1,168,686		—
Mexico		—		18,843,990		—
Netherlands		—		11,093,474		—
New Zealand		—		4,734,300		—
Norway		—		4,847,331		—
Panama		—		2,610,347		—
Peru		—		6,851,911		—
Poland		—		8,233,669		—
Portugal		—		17,157,589		—
Romania		—		7,921,693		—
Russia		—		1,070,080		—
Saudi Arabia		—		2,678,997		—
Singapore		—		757,406		—
Slovak Republic		—		2,273,367		—
Slovenia		—		10,342,288		—
South Africa		—		4,071,441		—
South Korea		—		4,050,121		—
Spain		—		37,297,721		—
Supranational Bank		—		26,170,096		—
Sweden		—		5,218,758		—
Switzerland		—		4,173,290		—
Turkey		—		5,233,713		—
United Kingdom		—		43,281,952		—
Uruguay		—		1,194,702		—
Asset-Backed Securities
Collateralized Loan Obligations		—		43,955,637		—
Non-Residential Mortgage-Backed Securities		—		11,573,369		—
Residential Mortgage-Backed Securities		—		34,335,755		—

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 73

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

	Level 1			Level 2			Level 3
Bank Loans	$	—		$	1,404,332		$	96,171
Commercial Mortgage-Backed Securities		—			45,795,503			—
Corporate Bonds		—			81,502,692			—
Municipal Bonds		—			1,028,669			—
Residential Mortgage-Backed Securities		—			37,405,324			2,964,423
U.S. Government Agency Obligations		—			2,064,667			—
U.S. Treasury Obligations		—			70,458,946			—
Common Stock		32,889			—			—
Preferred Stock		104,960			—			—
Affiliated Mutual Funds		54,162,755			—			—
Options Purchased		67,031			9,550,311			—
Options Written		(5,078	)		(9,394,396	)		—
Other Financial Instruments*
Futures Contracts		4,677,009			—			—
OTC Forward Foreign Currency Exchange Contracts		—			(915,546	)		—
OTC Cross Currency Exchange Contracts		—			175,738			—
OTC Credit Default Swap Agreements		—			(179,938	)		4,648
Centrally Cleared Credit Default Swap Agreements		—			830,424			—
OTC Currency Swap Agreements		—			(923,707	)		—
Centrally Cleared Forward Rate Agreement		—			(206,754	)		—
OTC Forward Rate Agreements		—			14,600			2,721
Centrally Cleared Interest Rate Swap Agreements		—			8,914,998			—
OTC Interest Rate Swap Agreements		—			382,840			—
Total	$	59,039,566		$	784,732,231		$	3,067,963

See Notes to Financial Statements.

74

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

	Asset- Backed Collateralized Loan Obligations			Asset-Backed Non-Residential Mortgage- Backed Securities			Bank Loans			Residential Mortgage- Backed Securities			Credit Default Swaps			Forward Rate Agreements
Balance as of 10/31/16	$	6,988,775		$	400,048		$	—		$	300,046		$	6,090		$	(4,351	)
Realized gain (loss)		—			—			48			4,035			—	**		—	**
Change in unrealized appreciation (depreciation)***		—			—			32			6,358			(1,442	)		7,072
Purchases/Exchanges/Issuances		—			—			—			3,004,356			—			—
Sales/Paydowns		(1,500,000	)		—			(6,448	)		(350,849	)		—			—
Accrued discount/premium		—			—						477			—			—
Transfers into Level 3		—			—			102,539						—			—
Transfers out of Level 3		(5,488,775	)		(400,048	)		—			—			—			—
Balance as of 4/30/17	$	—		$	—		$	96,171		$	2,964,423		$	4,648		$	2,721

* Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, forwards and centrally cleared swap contracts, which are recorded at the unrealized appreciation (depreciation) on the instrument, and OTC swap contracts which are recorded at fair value.

** The realized gain incurred during the period for other financial instruments was $39,555.

*** Of which, $12,840 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, 2017		Valuation Methodology		Unobservable Inputs
Bank Loans	$	96,171		Market Approach		Single Broker Indicative Quote
Residential Mortgage-Backed Securities		2,964,423		Market Approach		Single Broker Indicative Quote
Credit Default Swaps		4,648		Market Approach		Single Broker Indicative Quote
Forward Rate Agreements		2,721		Model Pricing		Forward Rate Volatility & Convexity Adjustment
	$	3,067,963

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 75

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

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
Asset-Backed Collateralized Loan Obligations	$	5,488,775		L3 to L2		Single Broker Indicative Quote to Evaluated Bid
Asset-Backed Non-Residential Mortgage-Backed Securities	$	400,048		L3 to L2		Single Broker Indicative Quote to Evaluated Bid
Bank Loans	$	102,539		L2 to L3		Multiple Broker Quotes to Single Broker Indicative Quote

Industry Classification:

The industry classification of investments and liabilities in excess of other assets shown as a percentage of net assets as of April 30, 2017 were as follows :

Sovereign Bonds	42.9	%
Residential Mortgage-Backed Securities	9.1
U.S. Treasury Obligations	8.6
Affiliated Mutual Funds (including 3.4% of collateral for securities on loan)	6.6
Banks	6.5
Commercial Mortgage-Backed Securities	5.6
Collateralized Loan Obligations	5.3
Multi-National	3.2
Non-Residential Mortgage-Backed Securities	1.4
Options Purchased	1.2
Oil & Gas	1.1
Electric	0.9
Media	0.9
Diversified Financial Services	0.7
Chemicals	0.5
Insurance	0.5
Healthcare-Services	0.5
Entertainment	0.5
Transportation	0.5
Foreign Bond	0.4
Food	0.4
Retail	0.4
Auto Parts & Equipment	0.4
Auto Manufacturers	0.3
Mining	0.3
Software	0.3
Savings & Loans	0.3
Computers	0.3
U.S. Government Agency Obligations	0.3
Leisure Time	0.2
Home Builders	0.2
Real Estate Investment Trusts (REITs)	0.2
Building Materials	0.2	%
Pharmaceuticals	0.2
Electronics	0.2
Internet	0.2
Telecommunications	0.2
Packaging & Containers	0.1
Commercial Services	0.1
Municipal Bonds	0.1
Miscellaneous Manufacturing	0.1
Household Products/Wares	0.1
Forest Products & Paper	0.1
Biotechnology	0.1
Lodging	0.1
Hotels, Resorts & Cruise Lines	0.1
Office/Business Equipment	0.1
Airlines	0.1
Financials	0.1
Investment Companies	0.0	*
Semiconductors	0.0	*
Technology	0.0	*
Consumer	0.0	*
Machinery-Diversified	0.0	*
Automobile Manufacturers	0.0	*
Banking	0.0	*
Forest & Paper Products	0.0	*
Gaming	0.0	*
Agriculture	0.0	*
Oil, Gas & Consumable Fuels	0.0	*
	102.7
Options Written	(1.2	)
Liabilities in excess of other assets	(1.5	)
	100.0	%

* Less than +/- 0.05%

See Notes to Financial Statements.

76

Effects of Derivative Instruments on the Financial Statements and Primary Underlying Risk Exposure:

The Fund invested in derivative instruments during the reporting period. The primary types of risk associated with these derivative instruments are credit contracts risk, foreign exchange contracts risk and interest rate contracts 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, 2017 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
Credit contracts	Unrealized appreciation on OTC swap agreements	$	3,946,395		Unrealized depreciation on OTC swap agreements	$	317,805
Credit contracts	Premiums paid for OTC swap agreements		674,710		Premiums received for OTC swap agreements		4,478,590
Credit contracts	Due from/to broker—variation margin centrally cleared swaps		848,751	*	Due from/to broker—variation margin centrally cleared swaps		18,327	*
Credit contracts	Unaffiliated Investments		367,082		Options written outstanding, at value		342,873
Foreign exchange contracts	Unrealized appreciation on OTC forward foreign currency exchange contracts		5,100,311		Unrealized depreciation on OTC forward foreign currency exchange contracts		6,015,857
Foreign exchange contracts	Unrealized appreciation on OTC cross currency exchange contracts		389,206		Unrealized depreciation on OTC cross currency exchange contracts		213,468
Foreign exchange contracts	Unaffiliated Investments		7,550,929		Options written outstanding, at value		7,889,376
Interest rate contracts	Due from/to broker—variation margin futures		4,766,833	*	Due from/to broker—variation margin futures		89,824	*
Interest rate contracts	Due from/to broker—variation margin centrally cleared swaps		14,807,479	*	Due from/to broker—variation margin centrally cleared swaps		6,099,235	*
Interest rate contracts	Unrealized appreciation on OTC swap agreements		4,505,496		Unrealized depreciation on OTC swap agreements		5,014,089
Interest rate contracts	Unrealized appreciation on OTC forward rate agreements		29,744		Unrealized depreciation on OTC forward rate agreements		12,423

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 77

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

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	Unaffiliated Investments	$	1,699,331	Options written outstanding, at value	$	1,167,225
Interest rate contracts	—		—	Premiums received for OTC swap agreements		32,274
Total		$	44,686,267		$	31,691,366

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

The effects of derivative instruments on the Statement of Operations for the six months ended April 30, 2017 are as follows:

Amount of Realized Gain (Loss) on Derivatives Recognized in Income
Derivatives not accounted for as hedging instruments, carried at fair value	Options Purchased(1)			Options Written		Futures			Forward and Cross Currency Contracts(2)			Forward Rate Agreements		Swaps		Total
Credit contracts	$	(797,062	)	$	100,261	$	—		$	—		$	—	$	1,753,776	$	1,056,975
Foreign exchange contracts		(544,943	)		647,035		—			(7,680,373	)		—		—		(7,578,281	)
Interest rate contracts		(345,895	)		90,053		(13,320,650	)		—			9,000		4,237,823		(9,329,669	)
	$	(1,687,900	)	$	837,349	$	(13,320,650	)	$	(7,680,373	)	$	9,000	$	5,991,599	$	(15,850,975	)

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

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

Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income
Derivatives not accounted for as hedging instruments, carried at fair value	Options Purchased(3)			Options Written		Futures		Forward and Cross Currency Contracts(4)		Forward Rate Agreements			Swaps			Total
Credit contracts	$	22,771		$	39,390	$	—	$	—	$	—		$	1,163,311		$	1,225,472
Foreign exchange contracts		(2,743,091	)		3,418,475		—		1,151,313		—			—			1,826,697
Interest rate contracts		3,327			26,079		8,755,568		—		(185,082	)		(4,413,156	)		4,186,736
	$	(2,716,993	)	$	3,483,944	$	8,755,568	$	1,151,313	$	(185,082	)	$	(3,249,845	)	$	7,238,905

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

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

See Notes to Financial Statements.

78

For the six months ended April 30, 2017, the average volume of derivative activities are as follows:

Options Purchased(1)		Options Written(4)		Futures Contracts— Long Positions(2)		Futures Contracts— Short Positions(2)		Forward Foreign Currency Exchange Contracts— Purchased(3)		Forward Foreign Currency Exchange Contracts— Sold(3)		Cross Currency Exchange Contracts(2)
$	7,241,702	$	717,626,630	$	431,552,566	$	88,332,818	$	319,587,270	$	265,135,569	$	25,772,656

Credit Default Swap Agreements— Buy Protection(4)		Credit Default Swap Agreements— Sell Protection(4)		Currency Swap Agreements(4)		Forward Rate Agreements(4)		Interest Rate Swap Agreements(4)		Total Return Swap Agreements(4)
$	16,533,333	$	206,755,038	$	119,947,333	$	496,986,712	$	1,865,729,316	$	9,896,667

(1) Cost.

(2) Value at Trade Date.

(3) Value at Settlement Date.

(4) Notional Amount in USD.

Financial Instruments/Transactions—Summary of Offsetting and Netting Arrangements:

The Fund invested in OTC derivatives and entered into financial instruments/transactions 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 and financial instruments/transactions, where the legal right to set-off exists, is presented in the summary below.

Offsetting of financial instrument/transaction assets and liabilities:

Description	Gross Amounts  of Recognized Assets(3)		Collateral Received(4)			Net Amount
Securities on Loan	$	26,371,720	$	(26,371,720	)	$	—

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 79

Schedule of Investments (unaudited) (continued)

as of April 30, 2017

Offsetting of OTC derivative assets and liabilities:

Counterparty	Gross Amounts of Recognized Assets(1)			Gross Amounts Available for Offset			Collateral Received(4)			Net Amount
Bank of America	$	172,189		$	(172,189	)	$	—		$	—
Barclays Capital Group		2,844,523			(2,147,977	)		(583,528	)		113,018
BNP Paribas		3,705,499			(3,705,499	)		—			—
Citigroup Global Markets		3,989,565			(3,454,427	)		(535,138	)		—
Credit Suisse First Boston Corp.		680,900			(680,900	)		—			—
Deutsche Bank AG		996,401			(719,344	)		(240,000	)		37,057
Goldman Sachs & Co.		1,518,371			(1,080,425	)		—			437,946
Hong Kong & Shanghai Bank		992,614			(725,436	)		(267,178	)		—
JPMorgan Chase		5,146,857			(5,146,857	)		—			—
Morgan Stanley		2,952,541			(2,952,541	)		—			—
UBS AG		1,196,713			(1,125,982	)		—			70,731
	$	24,196,173
Counterparty	Gross Amounts of Recognized Liabilities(2)			Gross Amounts Available for Offset			Collateral Pledged(4)			Net Amount
Bank of America	$	(258,773	)	$	172,189		$	—		$	(86,584	)
Barclays Capital Group		(2,147,977	)		2,147,977			—			—
BNP Paribas		(4,485,490	)		3,705,499			779,991			—
Citigroup Global Markets		(3,454,427	)		3,454,427			—			—
Credit Suisse First Boston Corp.		(943,095	)		680,900			262,195			—
Deutsche Bank AG		(719,344	)		719,344			—			—
Goldman Sachs & Co.		(1,080,425	)		1,080,425			—			—
Hong Kong & Shanghai Bank		(725,436	)		725,436			—			—
JPMorgan Chase		(6,565,991	)		5,146,857			1,419,134			—
Morgan Stanley		(3,971,962	)		2,952,541			809,481			(209,940	)
UBS AG		(1,125,982	)		1,125,982			—			—
	$	(25,478,902	)

(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) Amount represents market value.

(4) Collateral amount disclosed by the Fund is limited to the market value of financial instruments/transactions and the Fund’s OTC derivative exposure by counterparty.

See Notes to Financial Statements.

80

This Page Intentionally Left Blank

Statement of Assets & Liabilities (unaudited)

as of April 30, 2017

Assets
Investments at value, including securities on loan of $26,371,720:
Unaffiliated investments (cost $795,019,299)	$	789,299,446
Affiliated investments (cost $54,162,360)		54,162,755
Foreign currency, at value (cost $6,057,495)		6,067,803
Receivable for Fund shares sold		10,672,588
Unrealized appreciation on OTC swap agreements		8,451,891
Dividends and interest receivable		7,902,413
Unrealized appreciation on OTC forward foreign currency exchange contracts		5,100,311
Receivable for investments sold		4,942,154
Premiums paid for OTC swap agreements		674,710
Unrealized appreciation on OTC cross currency exchange contracts		389,206
Due from broker—variation margin futures		306,167
Due from broker—variation margin swaps		110,108
Unrealized appreciation on OTC forward rate agreements		29,744
Tax reclaim receivable		1,213
Prepaid expenses		1,444
Total Assets		888,111,953
Liabilities
Payable to broker for collateral for securities on loan		27,683,996
Payable for investments purchased		10,967,646
Options written outstanding, at value (premiums received $14,401,230)		9,399,474
Unrealized depreciation on OTC forward foreign currency exchange contracts		6,015,857
Unrealized depreciation on OTC swap agreements		5,331,894
Premium received for OTC swap agreements		4,510,864
Payable for Fund shares reacquired		1,702,070
Dividends payable		300,877
Management fee payable		298,132
Unrealized depreciation on OTC cross currency exchange contracts		213,468
Accrued expenses and other liabilities		199,349
Distribution fee payable		60,888
Affiliated transfer agent fee payable		24,209
Unrealized depreciation on OTC forward rate agreements		12,423
Total Liabilities		66,721,147
Net Assets	$	821,390,806
Net assets were comprised of:
Common stock, at par	$	1,251,202
Paid-in capital in excess of par		823,308,416
		824,559,618
Distributions in excess of net investment income		(3,402,355	)
Accumulated net realized loss on investment and foreign currency transactions		(15,740,734	)
Net unrealized appreciation on investments and foreign currencies		15,974,277
Net assets, April 30, 2017	$	821,390,806

See Notes to Financial Statements.

82

Class A
Net asset value and redemption price per share ($162,757,093 ÷ 24,944,611 shares of common stock issued and outstanding)	$	6.52
Maximum sales charge (4.50% of offering price)		0.31
Maximum offering price to public	$	6.83
Class B
Net asset value, offering price and redemption price per share
($3,521,954 ÷ 540,164 shares of common stock issued and outstanding)	$	6.52
Class C
Net asset value, offering price and redemption price per share
($30,069,663 ÷ 4,618,485 shares of common stock issued and outstanding)	$	6.51
Class Q
Net asset value, offering price and redemption price per share
($288,177,080 ÷ 43,648,585 shares of common stock issued and outstanding)	$	6.60
Class Z
Net asset value, offering price and redemption price per share
($336,865,016 ÷ 51,368,324 shares of common stock issued and outstanding)	$	6.56

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 83

Statement of Operations (unaudited)

Six Months Ended April 30, 2017

Net Investment Income (Loss)
Income
Interest income	$	10,590,534
Affiliated dividend income		162,818
Income from securities lending, net (including affiliated income of $5,438)		132,486
Unaffiliated dividend income		3,646
Total income		10,889,484
Expenses
Management fee		1,711,227
Distribution fee—Class A		224,694
Distribution fee—Class B		18,373
Distribution fee—Class C		156,230
Transfer agent’s fees and expenses (including affiliated expense of $50,500)		238,000
Custodian and accounting fees		166,000
Registration fees		67,000
Shareholders’ reports		34,000
Audit fee		31,000
Legal fees and expenses		12,000
Directors’ fees		8,000
Miscellaneous		15,754
Total expenses		2,682,278
Less: Management fee waiver and/or expense reimbursement		(168,046	)
Net expenses		2,514,232
Net investment income (loss)		8,375,252
Realized And Unrealized Gain (Loss) On Investments And Foreign Currency Transactions
Net realized gain (loss) on:
Investment transactions (including affiliated of $(384))		(6,614,830	)
Futures transactions		(13,320,650	)
Options written transactions		837,349
Forward rate agreement transactions		9,000
Swap agreement transactions		5,991,599
Foreign currency transactions		(2,373,127	)
		(15,470,659	)
Net change in unrealized appreciation (depreciation) on:
Investments		4,395,398
Futures		8,755,568
Options written		3,483,944
Forward rate agreements		(185,082	)
Swap agreements		(3,249,845	)
Foreign currencies		1,330,657
		14,530,640
Net gain (loss) on investment and foreign currency transactions		(940,019	)
Net Increase (Decrease) In Net Assets Resulting From Operations	$	7,435,233

See Notes to Financial Statements.

84

Statement of Changes in Net Assets (unaudited)

	Six Months Ended April 30, 2017			Year Ended October 31, 2016
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$	8,375,252		$	10,395,785
Net realized gain (loss) on investment and foreign currency transactions		(15,470,659	)		8,970,789
Net change in unrealized appreciation (depreciation) on investments and foreign currencies		14,530,640			574,089
Net increase (decrease) in net assets resulting from operations		7,435,233			19,940,663
Dividends and Distributions
Dividends from net investment income*
Class A		(3,023,076	)		(3,190,387	)
Class B		(48,597	)		(57,858	)
Class C		(411,820	)		(394,757	)
Class Q		(2,928,167	)		(857,487	)
Class Z		(5,467,622	)		(3,141,235	)
		(11,879,282	)		(7,641,724	)
Tax return of capital distributions
Class A		—			(705,307	)
Class B		—			(12,791	)
Class C		—			(87,270	)
Class Q		—			(189,567	)
Class Z		—			(694,441	)
		—			(1,689,376	)
Distributions from net realized gains
Class A		—			(2,008,617	)
Class B		—			(52,992	)
Class C		—			(367,214	)
Class Q		—			(469,625	)
Class Z		—			(1,808,942	)
		—			(4,707,390	)
Fund share transactions (Net of share conversions)
Net proceeds from shares sold		346,374,464			396,606,738
Net asset value of shares issued in reinvestment of dividends and distributions		9,889,654			12,075,747
Cost of shares reacquired		(138,923,180	)		(139,842,069	)
Net increase (decrease) in net assets from Fund share transactions		217,340,938			268,840,416
Total increase (decrease)		212,896,889			274,742,589
Net Assets:
Beginning of period		608,493,917			333,751,328
End of period	$	821,390,806		$	608,493,917

* 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. 85

Notes to Financial Statements (unaudited)

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

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 (generally, 4:00 PM Eastern time) 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 PGIM Investments LLC (“PGIM Investments” or “the Manager”) (formerly known as Prudential Investments LLC). 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 Schedule of Investments.

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.

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.

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Fixed income securities traded in the OTC market are generally classified as Level 2 in the fair value hierarchy. Such fixed income securities are typically valued using the market approach which generally involves obtaining data from an approved independent third-party vendor source. The Fund utilizes the market approach as the primary method to value securities when market prices of identical or comparable instruments are available. The third-party vendors’ valuation techniques used to derive the evaluated bid price are based on 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. Certain Level 3 securities are also valued using the market approach when obtaining a single broker quote or when utilizing recent transaction prices for identical or comparable securities. During the reporting period, there were no changes to report with respect to the valuation approach and/or valuation techniques.

Bank loans are generally valued at prices provided by approved independent pricing vendors. The pricing vendors utilize broker/dealer quotations and provide prices based on the average of such quotations. Bank loans valued using such vendor prices are generally classified as Level 2 in the fair value hierarchy. Bank loans valued based on a single broker quote or at the original transaction price are classified as Level 3 in the fair value hierarchy.

OTC derivative instruments are generally classified as Level 2 in the fair value hierarchy. Such derivative instruments are typically valued using the market approach and/or income approach which generally involves obtaining data from an approved independent third-party vendor source. The Fund utilizes the market approach when quoted prices in broker-dealer markets are available but also include consideration of alternative valuation approaches, including the income approach. In the absence of reliable market quotations, the income approach is typically utilized for purposes of valuing OTC derivatives such as interest rate swaps based on a discounted cash flow analysis whereby the value of the instrument is equal to the present value of its future cash inflows or outflows. Such analysis includes projecting future cash flows and determining the discount rate (including the present value factors that affect the discount rate) used to discount the future cash flows. In addition, the third-party vendors’ valuation techniques used to derive the evaluated OTC derivative price is based on evaluating observable inputs, including but not limited to, underlying asset prices, indices, spreads, interest rates and exchange rates. Certain OTC derivatives may be classified as Level 3 when valued using the market approach by obtaining a single broker quote or when utilizing significant unobservable inputs in the income approach. During the reporting period, there were no changes to report with respect to the valuation approach and/or valuation techniques discussed above.

Centrally cleared swaps listed or traded on a multilateral or trade facility platform, such as a registered exchange, are generally 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. 87

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.

Connecticut Avenue Securities (CAS) and Structured Agency Credit Risk (STACR): The Fund purchased government controlled Fannie Mae and Freddie Mac securities that transfer most of the cost of defaults to private investors including the funds. These are insurance-like products that are called CAS by Fannie Mae and STACR securities by Freddie Mac. Payments on the securities are based primarily on the performance of a reference pool of underlying mortgages. With such securities, the Fund could lose some or all of its principal if the underlying mortgages experience credit defaults.

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;

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

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 generally 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, holding period realized foreign currency gains (losses) are included in the reported net realized gains (losses) on investment transactions. Notwithstanding the above, the Fund does isolate the effect of fluctuations in foreign currency exchange rates when determining the gain (loss) upon the sale or maturity of foreign currency denominated debt obligations; such amounts are included in net realized gains (losses) on foreign currency transactions.

Additionally, net realized gains (losses) on foreign currency transactions represent net foreign exchange gains (losses) from holdings of foreign currencies, forward currency contracts, disposition of foreign currencies, currency gains (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 (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 currency transactions.

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 domestic origin 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 caused

Prudential Global Total Return Fund, Inc. 89

Notes to Financial Statements (unaudited) (continued)

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’ clearinghouse 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. 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 (loss) is included in net unrealized appreciation (depreciation) on foreign currencies. Gain (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 (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 may also use options to gain additional market exposure. 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 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 (loss) to the extent of the premium received or paid. If an option is

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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 (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 (loss). Gain (loss) on purchased options is included in net realized gain (loss) on investment transactions. Gain (loss) on written options is presented separately as net realized gain (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. OTC options also involve 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.

When the Fund writes an option on a swap, an amount equal to any premium received by the Fund is recorded as a liability and is subsequently adjusted to the current market value of the written option on the swap. If a call option on a swap is exercised, the Fund becomes obligated to pay a fixed interest rate (noted as the strike price) and receive a variable interest rate on a notional amount. If a put option on a swap is exercised, the Fund becomes obligated to pay a variable interest rate and receive a fixed interest rate (noted as the strike price) on a notional amount. Premiums received from writing options on swaps that expire or are exercised are treated as realized gains upon the expiration or exercise of such options on swaps. The risk associated with writing put and call options on swaps is that the Fund will be obligated to be party to a swap agreement if an option on a swap is exercised.

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 OTC market and may be executed either directly with counterparty (“OTC-traded”) or through a central clearing facility, such as a registered commodities exchange. Swap agreements are valued daily at current market value and any change in value is included in the net unrealized appreciation (depreciation) on investments. Centrally cleared 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 (losses) upon termination or maturity of the swap. Risk of loss may exceed amounts recognized on the Statement of Assets and Liabilities. Swap agreements outstanding at period end, if any, are listed on the Schedule of Investments.

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Notes to Financial Statements (unaudited) (continued)

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 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 Schedule of 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

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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 is subject to interest rate risk exposure in the normal course of pursuing its investment objectives. 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’s maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from the counterparty over the contract’s remaining life.

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 may enter 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.

Master Netting Arrangements: The Fund is subject to various Master Agreements, or netting arrangements, with select counterparties. These are agreements which a subadviser 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. In addition to master netting arrangements, 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 was no intention to settle on a net basis and all amounts are presented on a gross basis on the Statement of Assets and Liabilities.

Prudential Global Total Return Fund, Inc. 93

Notes to Financial Statements (unaudited) (continued)

The Fund is a party to ISDA (International Swaps and Derivatives Association, Inc.) Master Agreements with certain counterparties that govern OTC 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 Schedule of Investments. Collateral pledged by the Fund is segregated by the Fund’s custodian and identified in the Schedule 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, 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 OTC 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, 2017, 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.

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Payment-In-Kind: The Fund may invest in the open market or receive pursuant to debt restructuring, securities that pay-in-kind (PIK) the interest due on such debt instruments. The PIK interest, computed at the contractual rate specified, is added to the existing principal balance of the debt when issued bonds have same terms as the bond or recorded as a separate bond when terms are different from the existing debt, and is recorded as interest income.

Securities Lending: The Fund may lend its portfolio securities to banks and broker-dealers. The loans are secured by collateral at least equal to the market value of the securities loaned. Collateral pledged by each borrower is invested in an affiliated money market fund and is marked to market daily, based on the previous day’s market value, such that the value of the collateral exceeds the value of the loaned securities. Loans are subject to termination at the option of the borrower or the Fund. Upon termination of the loan, the borrower will return to the Fund securities identical to the loaned securities. Should the borrower of the securities fail financially, the Fund has the right to repurchase the securities in the open market using the collateral. The Fund recognizes income, net of any rebate and securities lending agent fees, for lending its securities in the form of fees or interest on the investment of any cash received as collateral. The borrower receives all interest and dividends from the securities loaned and such payments are passed back to the lender in amounts equivalent thereto. The Fund also continues to recognize any unrealized gain (loss) in the market price of the securities loaned and on the change in the value of the collateral invested that may occur during the term of the loan. In addition, realized gain (loss) is recognized on changes in the value of the collateral invested upon liquidation of the collateral. Net earnings from securities lending are disclosed on the Statement of Operations as “Income from securities lending, net”.

Securities Transactions and Net Investment Income: Securities transactions are recorded on the trade date. Realized gains (losses) from investment and currency transactions are calculated on the specific identification method. Dividend income is recorded on the ex-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 (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 expects to declare dividends each business day and pay monthly from net investment income and pay distributions from net realized capital gains, if any, annually. Dividends and distributions to shareholders, which are determined in accordance with federal income tax regulations and which may differ from generally accepted accounting principles, are recorded on the ex-date. Permanent book/tax

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Notes to Financial Statements (unaudited) (continued)

differences relating to income and gain (loss) are reclassified amongst undistributed net investment income, accumulated net realized gain (loss) and paid-in capital in excess of par, as appropriate.

Taxes: 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 investment income and capital gains, if any, to its shareholders. Therefore, no federal income tax provision is required. Withholding taxes on foreign dividends, interest and capital gains, if any, 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 PGIM Investments. Pursuant to this agreement, PGIM Investments has responsibility for all investment advisory services and supervises the subadviser’s performance of such services. PGIM Investments has entered into a subadvisory agreement with PGIM, Inc., which provides subadvisory services to the Fund through its PGIM Fixed Income unit. The subadvisory agreement provides that PGIM, Inc. will furnish investment advisory services in connection with the management of the Fund. In connection therewith, PGIM, Inc. is obligated to keep certain books and records of the Fund. PGIM Investments pays for the services of PGIM, Inc., 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 PGIM Investments is accrued daily and payable monthly at an annual rate of .50% of the Fund’s average daily net assets up to $2 billion and .485% of such assets in excess of $2 billion. The effective management fee rate before any waivers and/or expense reimbursement was .50% for the six months ended April 30, 2017. The effective management fee rate net of waivers and/or expense reimbursement was .45%.

PGIM Investments has contractually agreed through February 28, 2018 to limit the net annual operating expenses (exclusive of distribution and service (12b-1) fees, taxes (such as income and foreign withholdings taxes, stamp duty and deferred tax expenses), interest, underlying funds, brokerage, extraordinary and certain other expenses such as dividend, broker charges and interest expense on short sales) of each class of shares of the Fund to .63% of the Fund’s average daily net assets. In addition, PGIM Investments has

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contractually agreed through February 28, 2018 to limit net annual operating expenses (exclusive of distribution and service (12b-1) fees, transfer agency expenses (including sub-transfer agency and networking fees), taxes (such as income and foreign withholdings taxes, stamp duty and deferred tax expenses), interest, underlying funds, brokerage, extraordinary and certain other expenses such as dividend, broker charges and interest expense on short sales) of each class of shares of the Fund to .58% of the Fund’s average daily net assets. Expenses waived/reimbursed by the Manager in accordance with this agreement may be recouped by the Manager within the same fiscal year during which such waiver/reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year.

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, 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 “Distribution 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 Distribution plans, the Fund compensates PIMS for distribution related activities at an annual rate of up to .25%, 1% and 1% of the average daily net assets of the Class A, B, and C shares, respectively.

PIMS has advised the Fund that it has received $204,572 in front-end sales charges resulting from sales of Class A shares during the six months ended April 30, 2017. 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, 2017 it has received $216, $4,139 and $12,493 in contingent deferred sales charges imposed upon certain redemptions by Class A, Class B and Class C shareholders, respectively.

PGIM Investments, PGIM, Inc. 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 PGIM Investments 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 may enter into certain securities purchase or sale transactions under Board approved Rule 17a-7 procedures. Rule 17a-7 is an exemptive rule under the 1940 Act, that permits purchase and sale transactions among affiliated investment companies, or

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Notes to Financial Statements (unaudited) (continued)

between an investment company and a person that is affiliated solely by reason of having a common (or affiliated) investment adviser, common directors, and/or common officers. Such transactions are subject to ratification by the Board.

The Fund may invest its overnight sweep cash in the Prudential Core Ultra Short Bond Fund (the “Core Fund”), and its securities lending cash collateral in the Prudential Institutional Money Market Fund (the “Money Market Fund”), each a series of the Prudential Investment Portfolios 2, registered under the 1940 Act and managed by PGIM Investments. For the period ended April 30, 2017, PGIM, Inc. was compensated $5,441 by PGIM Investments for managing the Fund’s securities lending cash collateral as subadviser to the Money Market Fund. Earnings from the Core Fund and Money Market Fund are disclosed on the Statement of Operations as “Affiliated dividend income” and “Income from securities lending, net”, respectively.

Note 4. Portfolio Securities

The aggregate cost of purchases and proceeds from sales of portfolio securities (excluding short-term investments and U.S. Treasury securities) for six months ended April 30, 2017, were $289,769,234 and $129,140,534, respectively.

Transactions in options written during the six months ended April 30, 2017, were as follows:

	Notional Amount (000)			Premium
Balance at beginning of period		265,800		$	3,004,326
Written options		2,125,800			13,545,360
Expired options		(322,326	)		(566,395	)
Closed options		(764,049	)		(1,582,061	)
Balance at end of period		1,305,225		$	14,401,230

Note 5. Tax Information

The United States federal income tax basis of the Fund’s investments and the net unrealized depreciation as of April 30, 2017 were as follows:

Tax Basis	$	855,520,182
Appreciation		11,618,644
Depreciation		(23,676,625	)
Net Unrealized Depreciation	$	(12,057,981	)

98

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

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 B shares are closed to new purchases. 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 shares of common stock, at $.01 par value per share, authorized and divided into six classes, designated Class A, Class B, Class C, Class Q, Class T and Class Z common stock, each of which consists of 200 million, 50 million, 320 million, 400 million, 430 million and 600 million authorized shares, respectively. The Fund currently does not have any Class T shares outstanding.

At reporting period end, six shareholders of record held 62% of the Fund’s outstanding shares.

Prudential Global Total Return Fund, Inc. 99

Notes to Financial Statements (unaudited) (continued)

Transactions in shares of common stock were as follows:

Class A	Shares			Amount
Six months ended April 30, 2017:
Shares sold		7,373,764		$	46,548,026
Shares issued in reinvestment of dividends and distributions		407,911			2,590,318
Shares reacquired		(4,647,563	)		(29,377,600	)
Net increase (decrease) in shares outstanding before conversion		3,134,112			19,760,744
Shares issued upon conversion from other share class(es)		96,901			609,778
Shares reacquired upon conversion into other share class(es)		(8,820,672	)		(55,971,746	)
Net increase (decrease) in shares outstanding		(5,589,659	)	$	(35,601,224	)
Year ended October 31, 2016:
Shares sold		13,124,936		$	87,952,360
Shares issued in reinvestment of dividends and distributions		749,867			4,962,309
Shares reacquired		(6,872,582	)		(45,215,154	)
Net increase (decrease) in shares outstanding before conversion		7,002,221			47,699,515
Shares issued upon conversion from other share class(es)		165,668			1,112,188
Shares reacquired upon conversion into other share class(es)		(1,044,918	)		(7,076,434	)
Net increase (decrease) in shares outstanding		6,122,971		$	41,735,269
Class B
Six months ended April 30, 2017:
Shares sold		10,786		$	69,279
Shares issued in reinvestment of dividends and distributions		5,885			37,352
Shares reacquired		(67,929	)		(429,131	)
Net increase (decrease) in shares outstanding before conversion		(51,258	)		(322,500	)
Shares reacquired upon conversion into other share class(es)		(41,595	)		(259,637	)
Net increase (decrease) in shares outstanding		(92,853	)	$	(582,137	)
Year ended October 31, 2016:
Shares sold		64,153		$	420,207
Shares issued in reinvestment of dividends and distributions		13,010			85,840
Shares reacquired		(142,077	)		(930,181	)
Net increase (decrease) in shares outstanding before conversion		(64,914	)		(424,134	)
Shares reacquired upon conversion into other share class(es)		(25,204	)		(168,062	)
Net increase (decrease) in shares outstanding		(90,118	)	$	(592,196	)

100

Class C	Shares			Amount
Six months ended April 30, 2017:
Shares sold		460,724		$	2,912,932
Shares issued in reinvestment of dividends and distributions		50,985			323,121
Shares reacquired		(1,071,314	)		(6,746,063	)
Net increase (decrease) in shares outstanding before conversion		(559,605	)		(3,510,010	)
Shares reacquired upon conversion into other share class(es)		(230,281	)		(1,455,442	)
Net increase (decrease) in shares outstanding		(789,886	)	$	(4,965,452	)
Year ended October 31, 2016:
Shares sold		1,908,829		$	12,778,322
Shares issued in reinvestment of dividends and distributions		98,781			651,664
Shares reacquired		(1,003,981	)		(6,563,921	)
Net increase (decrease) in shares outstanding before conversion		1,003,629			6,866,065
Shares reacquired upon conversion into other share class(es)		(167,753	)		(1,122,397	)
Net increase (decrease) in shares outstanding		835,876		$	5,743,668
Class Q
Six months ended April 30, 2017:
Shares sold		20,028,704		$	128,871,121
Shares issued in reinvestment of dividends and distributions		451,638			2,927,919
Shares reacquired		(2,935,912	)		(18,903,917	)
Net increase (decrease) in shares outstanding before conversion		17,544,430			112,895,123
Shares issued upon conversion from other share class(es)		17,042,958			109,928,257
Shares reacquired upon conversion into other share class(es)		(116,929	)		(754,193	)
Net increase (decrease) in shares outstanding		34,470,459		$	222,069,187
Year ended October 31, 2016:
Shares sold		7,485,008		$	50,762,281
Shares issued in reinvestment of dividends and distributions		225,246			1,517,541
Shares reacquired†		(2,721,050	)		(18,547,296	)
Net increase (decrease) in shares outstanding before conversion		4,989,204			33,732,526
Shares issued upon conversion from other share class(es)		31,186			214,468
Net increase (decrease) in shares outstanding		5,020,390		$	33,946,994
Class Z
Six months ended April 30, 2017:
Shares sold		26,411,508		$	167,973,106
Shares issued in reinvestment of dividends and distributions		627,653			4,010,944
Shares reacquired		(13,126,263	)		(83,466,469	)
Net increase (decrease) in shares outstanding before conversion		13,912,898			88,517,581
Shares issued upon conversion from other share class(es)		9,109,733			58,040,531
Shares reacquired upon conversion into other share class(es)		(17,209,268	)		(110,137,548	)
Net increase (decrease) in shares outstanding		5,813,363		$	36,420,564
Year ended October 31, 2016:
Shares sold		36,319,097		$	244,693,568
Shares issued in reinvestment of dividends and distributions		728,562			4,858,393
Shares reacquired		(10,314,888	)		(68,585,517	)
Net increase (decrease) in shares outstanding before conversion		26,732,771			180,966,444
Shares issued upon conversion from other shares class(es)		1,176,285			7,977,583
Shares reacquired upon conversion into other share class(es)		(138,847	)		(937,346	)
Net increase (decrease) in shares outstanding		27,770,209		$	188,006,681

† Includes affiliated redemption of 1,680 shares with a value of $10,785 for Class Q Shares.

Prudential Global Total Return Fund, Inc. 101

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 6, 2016 through October 5, 2017. The Funds pay an annualized commitment fee of .15% of the unused portion of the SCA. The Fund’s portion of the commitment fee for the unused amount, allocated based upon a method approved by the Board, is accrued daily and paid quarterly. The interest on borrowings under the SCA is paid monthly and at a per annum interest rate based upon a contractual spread plus the higher of (1) the effective federal funds rate, (2) the 1-month LIBOR rate or (3) zero percent.

The Fund did not utilize the SCA during the six months ended April 30, 2017.

Note 8. Recent Accounting Pronouncements and Reporting Updates

On October 13, 2016, the Securities and Exchange Commission (the “SEC”) adopted new rules and forms and amended existing rules and forms which are intended to modernize and enhance the reporting and disclosure of information by registered investment companies and to improve the quality of information that funds provide to investors, including modifications to Regulation S-X which would require standardized, enhanced disclosure about derivatives in investment company financial statements. The new rules also enhance disclosure regarding fund liquidity and redemption practices. The compliance dates of the modifications to Regulation S-X are August 1, 2017 and other amendments and rules are generally June 1, 2018 and December 1, 2018. Management is currently evaluating the impacts to the financial statement disclosures, if any.

Note 9. Other

At the Fund’s Board meeting in March, 2017, the Board of Directors approved a change in the methodology of allocating certain expenses, like Transfer Agent fees (including sub-transfer agent and networking fees) and Blue Sky fees. The impact to the net assets of the Fund and individual share classes is not ascertainable at the present time. PGIM Investments expects to implement the changes by December 31, 2017.

102

Financial Highlights (unaudited)

Class A Shares
	Six Months Ended April 30,			Year Ended October 31,
	2017			2016			2015			2014			2013			2012
Per Share Operating Performance(a):
Net Asset Value, Beginning of Period		$6.64			$6.45			$6.88			$6.92			$7.21			$6.99
Income (loss) from investment operations:
Net investment income (loss)		.07			.17			.17			.19			.21			.22
Net realized and unrealized gain (loss) on investment and foreign currency transactions		(.08	)		.25			(.37	)		.06			(.21	)		.31
Total from investment operations		(.01	)		.42			(.20	)		.25			-	(e)		.53
Less Dividends and Distributions:
Dividends from net investment income*		(.11	)		(.12	)		(.04	)		(.15	)		(.18	)		(.28	)
Tax return of capital distributions		-			(.03	)		(.19	)		(.14	)		(.11	)		(.03	)
Distributions from net realized gains		-			(.08	)		-			-			-			-
Total dividends and distributions		(.11	)		(.23	)		(.23	)		(.29	)		(.29	)		(.31	)
Net asset value, end of period		$6.52			$6.64			$6.45			$6.88			$6.92			$7.21
Total Return(b):		(.16)%			6.60%			(2.90)%			3.67%			.07%			7.86%
Ratios/Supplemental Data:
Net assets, end of period (000)		$162,757			$202,770			$157,404			$190,394			$161,099			$176,970
Average net assets (000)		$181,245			$169,299			$175,942			$163,155			$180,342			$162,268
Ratios to average net assets(c)(d):
Expenses after waivers and/or expense reimbursement		.88%	(f)		.97%			1.05%			1.25%			1.23%			1.31%
Expenses before waivers and/or expense reimbursement		.94%	(f)		1.14%			1.24%			1.30%			1.28%			1.36%
Net investment income (loss)		2.34%	(f)		2.57%			2.50%			2.79%			2.99%			3.17%
Portfolio turnover rate		36%	(g)		86%			95%			65%			79%			97%

(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, if any. 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) The distributor of the Fund had contractually agreed to limit its distribution and service (12b-1) fees to .25% of the average daily net assets through March 8, 2015. Effective March 9, 2015, the contractual distribution and service (12b-1) fees were reduced from .30% to .25% of the average daily net assets.

(e) Less than $.005 per share.

(f) Annualized.

(g) Not annualized.

* 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. 103

Financial Highlights (unaudited) (continued)

Class B Shares
	Six Months Ended April 30,			Year Ended October 31,
	2017			2016			2015			2014			2013			2012
Per Share Operating Performance(a):
Net Asset Value, Beginning of Period		$6.64			$6.44			$6.88			$6.92			$7.21			$6.99
Income (loss) from investment operations:
Net investment income (loss)		.05			.12			.12			.14			.16			.17
Net realized and unrealized gain (loss) on investment and foreign currency transactions		(.09	)		.26			(.38	)		.06			(.21	)		.30
Total from investment operations		(.04	)		.38			(.26	)		.20			(.05	)		.47
Less Dividends and Distributions:
Dividends from net investment income*		(.08	)		(.08	)		(.03	)		(.10	)		(.13	)		(.22	)
Tax return of capital distributions		-			(.02	)		(.15	)		(.14	)		(.11	)		(.03	)
Distributions from net realized gains		-			(.08	)		-			-			-			-
Total dividends and distributions		(.08	)		(.18	)		(.18	)		(.24	)		(.24	)		(.25	)
Net asset value, end of period		$6.52			$6.64			$6.44			$6.88			$6.92			$7.21
Total Return(b):		(.52)%			5.99%			(3.75)%			2.90%			(.68)%			7.06%
Ratios/Supplemental Data:
Net assets, end of period (000)		$3,522			$4,202			$4,660			$6,548			$7,084			$6,748
Average net assets (000)		$3,705			$4,457			$5,469			$6,790			$7,299			$5,744
Ratios to average net assets(c):
Expenses after waivers and/or expense reimbursement		1.63%	(d)		1.72%			1.80%			2.00%			1.98%			2.06%
Expenses before waivers and/or expense reimbursement		1.70%	(d)		1.89%			1.97%			2.00%			1.98%			2.06%
Net investment income (loss)		1.61%	(d)		1.85%			1.77%			2.05%			2.25%			2.40%
Portfolio turnover rate		36%	(e)		86%			95%			65%			79%			97%

(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, if any. 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 may include other items that are ordinary income for tax purposes.

See Notes to Financial Statements.

104

Class C Shares
	Six Months Ended April 30,			Year Ended October 31,
	2017			2016			2015			2014			2013			2012
Per Share Operating Performance(a):
Net Asset Value, Beginning of Period		$6.63			$6.44			$6.86			$6.90			$7.19			$6.97
Income (loss) from investment operations:
Net investment income (loss)		.05			.12			.12			.14			.16			.17
Net realized and unrealized gain (loss) on investment and foreign currency transactions		(.09	)		.25			(.36	)		.06			(.21	)		.31
Total from investment operations		(.04	)		.37			(.24	)		.20			(.05	)		.48
Less Dividends and Distributions:
Dividends from net investment income*		(.08	)		(.08	)		(.03	)		(.10	)		(.13	)		(.23	)
Tax return of capital distributions		-			(.02	)		(.15	)		(.14	)		(.11	)		(.03	)
Distributions from net realized gains		-			(.08	)		-			-			-			-
Total dividends and distributions		(.08	)		(.18	)		(.18	)		(.24	)		(.24	)		(.26	)
Net asset value, end of period		$6.51			$6.63			$6.44			$6.86			$6.90			$7.19
Total Return(b):		(.52)%			5.82%			(3.48)%			2.90%			(.68)%			7.08%
Ratios/Supplemental Data:
Net assets, end of period (000)		$30,070			$35,848			$29,427			$34,691			$31,424			$33,988
Average net assets (000)		$31,505			$30,873			$33,144			$30,378			$36,071			$27,739
Ratios to average net assets(c):
Expenses after waivers and/or expense reimbursement		1.63%	(d)		1.72%			1.80%			2.00%			1.98%			2.06%
Expenses before waivers and/or expense reimbursement		1.70%	(d)		1.89%			1.97%			2.00%			1.98%			2.06%
Net investment income (loss)		1.62%	(d)		1.83%			1.76%			2.05%			2.24%			2.39%
Portfolio turnover rate		36%	(e)		86%			95%			65%			79%			97%

(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, if any. 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 may include other items that are ordinary income for tax purposes.

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 105

Financial Highlights (unaudited) (continued)

Class Q Shares
	Six Months Ended April 30,			Year Ended October 31,												February 3, 2012(d) through October 31,
	2017			2016			2015			2014			2013			2012
Per Share Operating Performance(a):
Net Asset Value, Beginning of Period		$6.72			$6.53			$6.97			$6.94			$7.23			$6.97
Income (loss) from investment operations:
Net investment income (loss)		.08			.19			.17			.23			.24			.18
Net realized and unrealized gain (loss) on investment and foreign currency transactions		(.08	)		.26			(.36	)		.12			(.21	)		.28
Total from investment operations		-			.45			(.19	)		.35			.03			.46
Less Dividends and Distributions:
Dividends from net investment income*		(.12	)		(.15	)		(.05	)		(.18	)		(.21	)		(.19	)
Tax return of capital distributions		-			(.03	)		(.20	)		(.14	)		(.11	)		(.01	)
Distributions from net realized gains		-			(.08	)		-			-			-			-
Total dividends and distributions		(.12	)		(.26	)		(.25	)		(.32	)		(.32	)		(.20	)
Net asset value, end of period		$6.60			$6.72			$6.53			$6.97			$6.94			$7.23
Total Return(b):		(.01)%			6.90%			(2.71)%			5.09%			.46%			6.81%
Ratios/Supplemental Data:
Net assets, end of period (000)		$288,177			$61,713			$27,141			$869			$62			$11
Average net assets (000)		$166,324			$40,135			$19,157			$295			$13			$10
Ratios to average net assets(c):
Expenses after waivers and/or expense reimbursement		.58%	(e)		.59%			.72%			.87%			.85%			.92%	(e)
Expenses before waivers and/or expense reimbursement		.59%	(e)		.76%			.82%			.87%			.85%			.92%	(e)
Net investment income (loss)		2.53%	(e)		2.86%			2.64%			3.24%			3.48%			3.42%	(e)
Portfolio turnover rate		36%	(f)		86%			95%			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, if any. 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.

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

See Notes to Financial Statements.

106

Class Z Shares
	Six Months Ended April 30,			Year Ended October 31,
	2017			2016			2015			2014			2013			2012
Per Share Operating Performance(a):
Net Asset Value, Beginning of Period		$6.67			$6.47			$6.90			$6.94			$7.23			$7.01
Income (loss) from investment operations:
Net investment income (loss)		.08			.18			.18			.21			.22			.23
Net realized and unrealized gain (loss) on investment and foreign currency transactions		(.08	)		.27			(.36	)		.06			(.20	)		.31
Total from investment operations		-			.45			(.18	)		.27			.02			.54
Less Dividends and Distributions:
Dividends from net investment income*		(.11	)		(.14	)		(.05	)		(.17	)		(.20	)		(.29	)
Tax return of capital distributions		-			(.03	)		(.20	)		(.14	)		(.11	)		(.03	)
Distributions from net realized gains		-			(.08	)		-			-			-			-
Total dividends and distributions		(.11	)		(.25	)		(.25	)		(.31	)		(.31	)		(.32	)
Net asset value, end of period		$6.56			$6.67			$6.47			$6.90			$6.94			$7.23
Total Return(b):		.12%			7.00%			(2.66)%			3.92%			.31%			8.10%
Ratios/Supplemental Data:
Net assets, end of period (000)		$336,865			$303,960			$115,119			$119,628			$56,817			$83,077
Average net assets (000)		$307,400			$153,146			$129,045			$71,247			$81,390			$58,999
Ratios to average net assets(c):
Expenses after waivers and/or expense reimbursement		.63%	(d)		.72%			.80%			1.00%			.98%			1.06%
Expenses before waivers and/or expense reimbursement		.69%	(d)		.89%			.96%			1.00%			.98%			1.06%
Net investment income (loss)		2.56%	(d)		2.77%			2.73%			3.00%			3.18%			3.37%
Portfolio turnover rate		36%	(e)		86%			95%			65%			79%			97%

(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, if any. 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 may include other items that are ordinary income for tax purposes.

See Notes to Financial Statements.

Prudential Global Total Return Fund, Inc. 107

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655 Broad Street Newark, NJ 07102	(800) 225-1852	www.pgiminvestments.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 • Stuart S. Parker • 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 • Charles H. Smith, Anti-Money Laundering Compliance Officer • Jonathan D. Shain, Assistant Secretary • Claudia DiGiacomo, 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	PGIM Investments LLC	655 Broad Street Newark, NJ 07102
INVESTMENT SUBADVISER	PGIM Fixed Income	655 Broad Street Newark, NJ 07102
DISTRIBUTOR	Prudential Investment Management Services LLC	655 Broad Street Newark, NJ 07102
CUSTODIAN	The Bank of New York Mellon	225 Liberty 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.pgiminvestments.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.pgiminvestments.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., PGIM Investments, Attn: Board of Directors, 655 Broad Street, 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 no sooner than 15 days after the end of the 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    

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 required, as this is not an annual filing.

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 19, 2017

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 19, 2017
By:	/s/ M. Sadiq Peshimam
	M. Sadiq Peshimam
	Treasurer and Principal Financial and Accounting Officer
Date:	June 19, 2017