PGIM Global High Yield Fund, Inc (GHY) to Issue Monthly Dividend of $0.11 on April 30th

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a monthly dividend on Friday, February 27th. Shareholders of record on Thursday, April 9th will be given a dividend of 0.105 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 10.8%. The ex-dividend date of this dividend is Thursday, April 9th.

PGIM Global High Yield Fund Price Performance

Shares of NYSE GHY opened at $11.62 on Tuesday. The business has a 50-day simple moving average of $12.33 and a two-hundred day simple moving average of $12.46. PGIM Global High Yield Fund has a fifty-two week low of $11.25 and a fifty-two week high of $13.74.

PGIM Global High Yield Fund Company Profile

PGIM Global High Yield Fund (NYSE: GHY) is a closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in high-yield corporate debt securities. Managed by PGIM, the global investment management business of Prudential Financial, Inc, the fund offers investors access to a diversified portfolio of bonds issued by companies around the world. Its objective is to capitalize on credit spread opportunities in both developed and emerging markets.

The fund’s investment strategy centers on fundamental credit research and bottom-up security selection.