PGIM Global High Yield Fund

GHY

時価総額 $4.39億

PGIM Global High Yield Fund (GHY) offers an 11.55% yield, focusing on global junk bonds with significant emerging market exposure. GHY's net investment income and realized gains failed to cover distributions in the latest fiscal year, raising sustainability concerns. Rising yields, inflation, and heavy debt issuance are pressuring bond markets, likely weighing on GHY's NAV and share price near term.

NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, PGIM Global High Yield Fund, and PGIM Short Duration High Yield Opportunities Fund declared today monthly distributions.

PGIM Global High Yield Fund remains a hold, with consistent payouts but limited NAV growth and few near-term catalysts. GHY trades at an 8.07% discount to NAV, reflecting ongoing challenges in asset growth and reliance on net realized gains for distributions. The fund offers a 10.7% yield but only covers 71% of distributions with net investment income, raising sustainability concerns if rates rise.

NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for June, July and August 2026.

PGIM Global High Yield Fund offers global, below-investment-grade fixed income exposure, with a 45% U.S. allocation and over 900 holdings for diversification. GHY trades at a -7.3% discount, which is attractive in absolute terms but narrower than its historical average, limiting deep value opportunities. The fund delivers a high 10.6% distribution yield, though coverage from net investment income is insufficient, requiring reliance on capital gains and derivatives.

The PGIM Global High Yield Fund offers a 10.59% yield with notable international diversification, especially versus high-yield CEF peers. GHY's portfolio is 45% U.S., with meaningful emerging market exposure but limited allocation to local currency bonds. Leverage enhances GHY's yield, and its distribution appears sustainable, with no recent cuts and coverage supported by unrealized gains.

NEWARK, N.J.--(BUSINESS WIRE)--May monthly distribution payable date of release issued February 27, 2026, should read: 5/29/2026 (instead of 5/31/2026). The updated release reads: PGIM CLOSED-END FUNDS DECLARE DISTRIBUTIONS FOR MARCH, APRIL AND MAY 2026 PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for March, April and May 2026. The distribution am.

Seven high-yield fixed income CEFs—ARDC, BGH, BIT, GHY, KIO, OPP, WDI—currently trade at wider-than-average discounts, offering yields from 10% to 14%. Market fears over private credit and macroeconomic uncertainty have pressured prices, creating potential buying opportunities for long-term income investors. These funds diversify across senior loans, high-yield bonds, CLOs, and MBS, balancing floating and fixed-rate exposure to manage interest rate risk.

The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 10% plus yield and 10.8% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.

NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for March, April and May 2026. The distribution amounts and schedule for each fund appear below: Fund Name Ticker Distribution Per Share Change from Prior Distribution PGIM High Yield Bond Fund, Inc. ISD $0.105 – PGIM Global High Yield Fund, Inc. GHY $0.105 – PGIM Short Du.