PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) announced a monthly dividend on Friday, May 29th. Shareholders of record on Thursday, August 13th will be given a dividend of 0.105 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 10.0%. The ex-dividend date of this dividend is Thursday, August 13th.
PGIM High Yield Bond Fund Stock Performance
ISD opened at $12.59 on Tuesday. PGIM High Yield Bond Fund has a 1-year low of $12.31 and a 1-year high of $14.79. The firm has a 50-day moving average price of $12.75 and a two-hundred day moving average price of $13.37.
PGIM High Yield Bond Fund Company Profile
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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