PGIM High Yield Bond Fund, Inc. (ISD) to Distribute Monthly Dividend of $0.10 on November 30th

PGIM High Yield Bond Fund, Inc. (NYSE:ISD) declared a monthly dividend on Monday, August 31st. Stockholders of record on Thursday, November 12th will be given a dividend of 0.105 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 10.3%. The ex-dividend date is Thursday, November 12th.

PGIM High Yield Bond Fund Trading Down 0.6%

ISD stock opened at $12.23 on Wednesday. The firm has a 50 day moving average of $12.61 and a 200-day moving average of $13.12. PGIM High Yield Bond Fund has a 12-month low of $12.21 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.