PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) announced a monthly dividend on Friday, February 27th. Shareholders of record on Thursday, May 14th will be paid a dividend of 0.105 per share on Sunday, May 31st. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Thursday, May 14th.
PGIM High Yield Bond Fund Price Performance
Shares of ISD stock opened at $13.44 on Tuesday. The firm has a fifty day moving average of $13.42 and a 200-day moving average of $14.15. PGIM High Yield Bond Fund has a 12-month low of $12.53 and a 12-month high of $14.79.
PGIM High Yield Bond Fund Company Profile
PGIM High Yield Bond Fund (NYSE:ISD) is an exchange?traded fund designed to provide investors with broad exposure to the high yield corporate debt market. Launched and managed by PGIM Investments, the fund seeks to generate current income by investing predominantly in U.S. dollar?denominated below?investment?grade corporate bonds. Through its open?end structure, ISD offers daily liquidity, allowing investors to gain access to a diversified portfolio of high yield debt instruments across a range of industries.
The fund’s investment approach emphasizes rigorous, bottom?up credit research conducted by PGIM’s global fixed income team.
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