PGIM Global High Yield Fund, Inc (NYSE:GHY – Get Free Report) announced a monthly dividend on Monday, August 31st. Investors of record on Thursday, September 10th will be given a dividend of 0.105 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 10.9%. The ex-dividend date of this dividend is Thursday, September 10th.
PGIM Global High Yield Fund Stock Performance
PGIM Global High Yield Fund stock opened at $11.58 on Tuesday. PGIM Global High Yield Fund has a 1 year low of $11.25 and a 1 year high of $13.43. The firm has a 50 day moving average price of $11.79 and a 200 day moving average price of $11.94.
PGIM Global High Yield Fund Company Profile
PGIM Global High Yield Fund (NYSE: GHY) is a closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in high-yield corporate debt securities. Managed by PGIM, the global investment management business of Prudential Financial, Inc, the fund offers investors access to a diversified portfolio of bonds issued by companies around the world. Its objective is to capitalize on credit spread opportunities in both developed and emerging markets.
The fund’s investment strategy centers on fundamental credit research and bottom-up security selection.
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