PGIM High Yield Bond Fund, Inc. (ISD)

NYSE: ISD · Real-Time Price · USD
13.78
-0.03 (-0.22%)
Nov 21, 2024, 1:50 PM EST - Market open
-0.22%
Market Value 458.28M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 33.26M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend $1.26 (9.11%)
Ex-Dividend Date Nov 14, 2024
Volume 75,062
Open 13.84
Previous Close 13.81
Day's Range 13.78 - 13.92
52-Week Range 11.81 - 14.43
Beta 0.79
Analysts n/a
Price Target n/a
Earnings Date n/a

About ISD

PGIM High Yield Bond Fund, Inc. is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody's Investors Service, Inc. or BB+ or lower by Standard & Poor's Ratings Services). It seeks to invest in securities across all maturities, while ... [Read more]

Sector Financials
Founded 2012
Country United States
Stock Exchange NYSE
Ticker Symbol ISD
Full Company Profile

News

ISD: A Lifecycle Progression To A Sell (Rating Downgrade)

PGIM High Yield Bond Fund is downgraded to 'Sell' due to tight NAV discount, low true yield, and high ROC utilization. The fund's 9% distribution is misleading, with an actual yield of around 6.3% due...

7 weeks ago - Seeking Alpha

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...

Other symbols: GHYSDHY
2 months ago - Business Wire

ISD: Steady As It Goes

ISD fund continues to deliver steady performance with long-term above-average returns. However, I remain concerned about the fund's distribution, currently set at 9.2% of NAV, compared to long-term fu...

5 months ago - Seeking Alpha

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...

Other symbols: GHYSDHY
6 months ago - Business Wire

ISD: Not An Attractive Entry Point At This Level (Rating Downgrade)

Credit spreads have tightened significantly, reaching historic lows, indicating a risk-on market and potentially inadequate compensation for credit risk. The discount to NAV for the PGIM High Yield Bo...

8 months ago - Seeking Alpha

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...

Other symbols: GHYSDHY
9 months ago - Business Wire

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...

Other symbols: GHYSDHY
1 year ago - Business Wire

ISD: Diversified Junk Bond Fund, But Distribution Does Not Appear Sustainable

The PGIM High Yield Bond Fund, Inc. seeks to provide a high current income by investing in junk bonds with a yield of 10.81%. The ISD closed-end fund's total return of 5.82% this year is lower than th...

1 year ago - Seeking Alpha

ISD: Boost Your Income With This 10% Yielding Conservative CEF

PGIM High Yield Bond Fund is a fixed-income closed-end fund that invests in U.S. high-yield bonds. ISD has a conservative portfolio build, with a low leverage ratio of 21% and a low beta of its discou...

1 year ago - Seeking Alpha

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...

Other symbols: GHYSDHY
1 year ago - Business Wire

10 Big 9%+ Dividends 'Basic' Investors Have Missed

Too many folks are letting so-called “safe” yields on Treasuries distract them from the real action these days: 10 “stealth” bond plays yielding way more!

Other symbols: BGHEADGHYHIOHYIHYTKIO
1 year ago - Forbes

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...

Other symbols: GHYSDHY
1 year ago - Business Wire

The Best Dividends To Buy For A 2023 ‘Bond Bounce'

Right now we've got a terrific setup happening in Treasuries

Other symbols: AWF
1 year ago - Forbes

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...

Other symbols: GHYSDHY
1 year ago - Business Wire

ISD: Good Choice For Junk Bond Fund

The PGIM High Yield Bond Fund is a no-frills closed-end fund focused on non-investment grade bonds. It has a current 10.0% distribution yield.

2 years ago - Seeking Alpha

ISD: Conservative HY Bond CEF, 10% Yield

PGIM High Yield Bond Fund (ISD) is a high yield CEF from PGIM Investments.

2 years ago - Seeking Alpha

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 ...

Other symbols: GHYSDHY
2 years ago - Business Wire

Credit Investing Looks More Attractive Than Ever (Turn Off CNBC!)

I have often compared CNBC to the ESPN sports network, with panels of experts giving non-stop commentary on the sports or financial worlds. Both have the same business model: get viewers addicted so t...

2 years ago - Seeking Alpha

ISD: Discounted High-Yield Bond Fund, Attractive Distribution Yield

ISD has a high-yield focus, which generally translates into lower interest rate sensitivity. The fund's current discount could present an opportunity to go back into this fund.

3 years ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, August 2021

Only funds with yields over 7%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: ACPAODBGHBGXBTZCIKDBL
3 years ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, July 2021

Only funds with yields over 6.50%, coverage higher than 80% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: ACPAODARDCBGHBGXCIKDBL
3 years ago - Seeking Alpha

Some Relative CEF Value Trades And Opportunities

These are some options that I think you can buy today if you own the selling candidate. Some of the buy candidates on here I would even buy outright if I didn't own the "sell."

Other symbols: BGBBGXBITBLWBSLCIFDHF
3 years ago - Seeking Alpha

Here's why investors are piling into junk bonds

CNBC's Dom Chu discusses why investors are piling into junk bonds with Michael Contopoulos of Richard Bernstein Advisors.

Other symbols: FDHYHYGIHYFJNK
3 years ago - CNBC Television

CEF Report June 2021 | The Winch Tightens Further

Fixed income CEF discounts continue to tighten and are approaching 20-year highs. This won't last for long. Part II of this report will focus on when this ends.

Other symbols: BGHBHKBNDBTZBWGGHYJFR
3 years ago - Seeking Alpha

PGIM High Yield Bond Fund, Inc. Reports Unaudited Earnings and Financial Position for Quarter Ended February 28, 2021

NEWARK, N.J.--(BUSINESS WIRE)-- #PRU--PGIM High Yield Bond Fund, Inc. (NYSE: ISD) (the “Fund”), a diversified, closed-end management investment company, announced today its unaudited investment result...

3 years ago - Business Wire