GHY

PGIM Global High Yield Fund

GHY

Market cap $541M

Overview Fund Activity

13.21 USD

-0.03

0.23%

At close Updated Sep 18, 12:03 PM EDT

1 day

-0.23%

5 days

0%

1 month

0.46%

3 months

-0.3%

6 months

1.85%

Year to date

5.51%

1 year

4.59%

5 years

-2.94%

10 years

-6.38%

About: PGIM Global High Yield Fund, Inc is a diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income. The fund seeks to provide a high level of current income by investing in higher-rated, below-investment-grade fixed income instruments of issuers located around the world, including emerging markets.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

1% more funds holding

Funds holding: 68 [Q1] → 69 (+1) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 23

4% less capital invested

Capital invested by funds: $136M [Q1] → $130M (-$5.87M) [Q2]

1.08% less ownership

Funds ownership: 24.82% [Q1] → 23.74% (-1.08%) [Q2]

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Financial journalist opinion

GHY: Global Income CEF With Questionable Dividend Coverage

PGIM Global High Yield Fund (GHY) offers global fixed-income exposure with a high 9.6% yield, but dividend sustainability is questionable. GHY trades at a minimal discount to NAV, making current valuation less attractive compared to its historical average discount. The fund relies heavily on below investment grade bonds and leverage, exposing it to default risk and interest rate sensitivity.

GHY: Global Income CEF With Questionable Dividend Coverage

PGIM Closed-End Funds declare distributions for September, October and November 2025

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 September, October and November 2025. The distribution amounts and schedule for each fund appears 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 – P.

PGIM Closed-End Funds declare distributions for September, October and November 2025

GHY: One Of The Better Bond CEFs, But Too Expensive Right Now

PGIM Global High Yield Fund offers a 9.2% yield and strong international diversification, outperforming peers in a declining U.S. dollar environment. The fund's short duration and global exposure help mitigate risks from rising government debt and currency debasement concerns. Despite solid performance, the fund currently trades at a 3.8% premium to NAV, making it the most expensive among its peers.

GHY: One Of The Better Bond CEFs, But Too Expensive Right Now

Hard Cash Vs. Hope: Which Is Better - Investing In Corporate Credit Or Equity?

When 401(k)s and IRAs replaced "defined benefit pensions" a few decades ago, we all suddenly became our own "pension managers." The investment and media industries quickly "taught" us all to focus our attention on stock prices and short-term gains and losses. That's what attracted viewers and kept them tuned in to CNBC and Bloomberg all day.

Hard Cash Vs. Hope: Which Is Better - Investing In Corporate Credit Or Equity?

PGIM Closed End Funds declare distributions for June, July, and August 2025

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 2025. The distribution amounts and schedule for each fund appears 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.

PGIM Closed End Funds declare distributions for June, July, and August 2025

How This High-Yield Bond Fund Sailed Through The April Crash

About a month ago, Mike Bird, the Wall Street editor for The Economist, tweeted (or “X-ed,” I guess I should say) the following: “You have to concede that there would be a form of stupid, ridiculous beauty in the S&P 500 closing completely flat for April.”

How This High-Yield Bond Fund Sailed Through The April Crash

Using The Volatility To Lock In A High Yield With CEFs (Part 2): GHY

PGIM Global High Yield Fund is a closed-end fund with a 9.93% annualized distribution rate and a 5.59% discount to NAV. GHY's portfolio includes 95% bonds, with top holdings in Argentina, EG Global Finance, and Calpine Corporation. GHY outperforms the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), even when HYG is leveraged.

Using The Volatility To Lock In A High Yield With CEFs (Part 2): GHY

PGIM Closed End Funds Declare Distributions for March, April, and May 2025

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 2025. The distribution amounts and schedule for each fund appears 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.

PGIM Closed End Funds Declare Distributions for March, April, and May 2025

A 10%-Yielding Alternative To Stocks For 2025

For a long time now, it seems like the stock market has had a “theme of the year.” Clearly in 2024 it was AI, while 2023 was the year of recovery from 2022, which was a year of panic over a recession that never came.

A 10%-Yielding Alternative To Stocks For 2025

PGIM Closed-End Funds Declare Distributions for December 2024, January, and February 2025

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 December 2024, and January and February 2025. The distribution amounts and schedule for each fund appears 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,.

PGIM Closed-End Funds Declare Distributions for December 2024, January, and February 2025

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