PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) declared a monthly dividend on Monday, August 31st. Stockholders of record on Thursday, September 10th will be given a dividend of 0.105 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 10.3%. The ex-dividend date of this dividend is Thursday, September 10th.
PGIM High Yield Bond Fund Price Performance
Shares of NYSE ISD opened at $12.23 on Wednesday. PGIM High Yield Bond Fund has a 12-month low of $12.21 and a 12-month high of $14.79. The stock’s 50 day simple moving average is $12.61 and its 200 day simple moving average is $13.12.
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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