PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) announced a monthly dividend on Monday, August 31st. Investors of record on Thursday, November 12th will be paid a dividend of 0.105 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date is Thursday, November 12th.
PGIM High Yield Bond Fund Stock Down 0.4%
Shares of NYSE:ISD opened at $12.31 on Tuesday. PGIM High Yield Bond Fund has a one year low of $12.21 and a one year high of $14.79. The company has a 50-day simple moving average of $12.62 and a 200-day simple moving average of $13.13.
About PGIM High Yield Bond Fund
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.
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