PGIM Global High Yield Fund, Inc to Issue Dividend of $0.11 (NYSE:GHY)

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a dividend on Thursday, March 13th, investing.com reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.105 per share on Monday, March 31st. This represents a yield of 9.71%. The ex-dividend date is Thursday, March 13th.

PGIM Global High Yield Fund Price Performance

Shares of PGIM Global High Yield Fund stock traded down $0.22 during trading on Thursday, reaching $12.99. 161,493 shares of the company’s stock were exchanged, compared to its average volume of 250,077. PGIM Global High Yield Fund has a 1-year low of $11.11 and a 1-year high of $13.54. The firm’s 50-day moving average price is $13.08 and its 200 day moving average price is $12.81.

PGIM Global High Yield Fund Company Profile

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.