PGIM Global Short Duration Hgh Yd Fd Inc (NYSE:GHY) shares reached a new 52-week low on Monday . The stock traded as low as $13.17 and last traded at $13.19, with a volume of 4044 shares traded. The stock had previously closed at $13.28.

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 30th. Investors of record on Friday, November 16th will be given a $0.0825 dividend. This represents a $0.99 annualized dividend and a yield of 7.52%. The ex-dividend date is Thursday, November 15th.

Hedge funds have recently bought and sold shares of the stock. Rivernorth Capital Management LLC raised its position in shares of PGIM Global Short Duration Hgh Yd Fd by 9.5% during the 3rd quarter. Rivernorth Capital Management LLC now owns 2,218,441 shares of the company’s stock valued at $30,770,000 after acquiring an additional 192,627 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of PGIM Global Short Duration Hgh Yd Fd by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 808,539 shares of the company’s stock valued at $11,214,000 after acquiring an additional 14,374 shares during the last quarter. Saba Capital Management L.P. raised its position in shares of PGIM Global Short Duration Hgh Yd Fd by 14.3% during the 2nd quarter. Saba Capital Management L.P. now owns 795,960 shares of the company’s stock valued at $10,873,000 after acquiring an additional 99,512 shares during the last quarter. Vident Investment Advisory LLC raised its position in shares of PGIM Global Short Duration Hgh Yd Fd by 3.9% during the 3rd quarter. Vident Investment Advisory LLC now owns 618,109 shares of the company’s stock valued at $8,573,000 after acquiring an additional 23,381 shares during the last quarter. Finally, Raymond James & Associates raised its position in shares of PGIM Global Short Duration Hgh Yd Fd by 31.0% during the 2nd quarter. Raymond James & Associates now owns 491,823 shares of the company’s stock valued at $6,718,000 after acquiring an additional 116,499 shares during the last quarter.

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About PGIM Global Short Duration Hgh Yd Fd (NYSE: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.

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