PGIM Global High Yield Fund, Inc (GHY)
Market Value | 517.89M |
Revenue (ttm) | n/a |
Net Income (ttm) | n/a |
Shares Out | 40.92M |
EPS (ttm) | n/a |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | $1.26 (9.97%) |
Ex-Dividend Date | Nov 14, 2024 |
Volume | 107,343 |
Open | 12.58 |
Previous Close | 12.55 |
Day's Range | 12.57 - 12.66 |
52-Week Range | 10.86 - 13.11 |
Beta | 0.77 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About GHY
PGIM Global Short Duration High Yield Fund, Inc. is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody's Investors Service, Inc. or BB+ or lower by Standard & Poor's Ratings Services. It seeks to maintain a weighted average maturity of five years or less. PGIM Global Short Duration High Yiel... [Read more]
News
GHY: This Global Bond Fund Remains A Good Choice For Global Diversification, But No Near-Term Catalyst (Rating Downgrade)
The PGIM Global High Yield Fund offers a 9.86% yield, outperforming major bond indices, but underperforming some peers with double-digit yields. Despite strong recent performance, driven by market ant...
PGIM Closed-End Funds Declare Distributions for September, October and November 2024
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared to...
GHY: At A Historic Premium, Time To Divest (Rating Downgrade)
GHY is a global high-yield fixed-income CEF with a diverse geographic reach and credit spectrum composition. The fund's discount to NAV is near historic highs, credit spreads are tight, and distributi...
PGIM Closed End Funds Declare Distributions for June, July and August 2024
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared to...
GHY: A Great Way To Diversify Away From The United States With An 11% Yield
The PGIM Global High Yield Fund offers a very attractive proposition for investors who are seeking to earn a high level of income from their portfolios. The fund's 11.22% yield compares well to other ...
PGIM Closed End Funds declare distributions for March, April, and May 2024
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared to...
GHY: Good International Diversification, But Distribution Sustainability Is Concerning
The PGIM Global High Yield Fund offers income-focused investors a way to diversify their portfolio with foreign fixed-income securities. The fund's performance has been respectable, with shares up 6.6...
PGIM Closed-End Funds declare distributions for December 2023, January and February 2024
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared to...
GHY: Global Diversification Is Important, This CEF Can Provide It
The PGIM Global High Yield Fund offers a high current yield of 11.85%, higher than many other options in the market. The fund's performance has been disappointing, with shares down 29.42% since the st...
PGIM Closed-End Funds declare distributions for September, October and November 2023
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared to...
GHY: Global, But Wait For It
PGIM Global High Yield Fund, Inc. is a closed-end fund that aims to offer a high level of current income primarily by investing in below investment-grade fixed income. The fund's investment portfolio ...
PGIM Closed-End Funds declare distributions for June, July and August 2023
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared to...
GHY: Discount Remains Attractive, Caution Remains, Distribution Coverage Being Weak
GHY is a high yield bond fund with a global focus. The fund continues to remain at a deep and attractive discount.
PGIM Closed End Funds declare distributions for March, April and May 2023
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared to...
CEF Weekly Review: Ignore Yield-On-Cost Outside Of Tax Considerations
We review closed-end fund market valuation and performance through the third week of December and highlight recent market action. CEFs were mixed this week; however, discounts have continued to widen,...
GHY: Discount Widens, But Distribution Coverage Remains A Concern
Previously, GHY lacked distribution coverage, which hasn't changed; coverage has fallen a bit further. The fund has been deleveraging its portfolio, which could be seen as a positive if they can add m...
PGIM Closed-End Funds declare distributions for December 2022, January and February 2023
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared ...
GHY: Deep Discount Remains, But Coverage Still Moving In The Wrong Direction
GHY is a high yield fund with a tilt towards global positions. The fund's distribution coverage was a point of concern, and it only looks set to get worse.
GHY: Deep Discount, But Distribution Coverage Has Declined
GHY is a high yield bond fund with a tilt towards global positioning, roughly 55% of the portfolio is outside the U.S.
GHY: Offers Similar Results To Peer, Despite 'Global' Focus
GHY is PGIM's global-oriented high-yield bond offering.
GHY - Global High Yield With A 7.97% Distribution
GHY has a solid 0.59 Sharpe ratio and a 7.97% yield. This fund invests in global high yield instruments which adds a nice diversification twist.