GHY
PGIM Global High Yield FundGHY
GHY
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.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
3.79% less ownership
Funds ownership: 28.61% [Q4 2024] → 24.82% (-3.79%) [Q1 2025]
6% less capital invested
Capital invested by funds: $144M [Q4 2024] → $136M (-$8.17M) [Q1 2025]
16% less funds holding
Funds holding: 81 [Q4 2024] → 68 (-13) [Q1 2025]
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
Research analyst outlook
We haven’t received any recent analyst ratings for GHY.
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
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.
Positive
Forbes
4 weeks ago
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.”
Neutral
Seeking Alpha
1 month ago
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.
Neutral
Business Wire
3 months ago
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.
Neutral
Forbes
5 months ago
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.
Neutral
Business Wire
6 months ago
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,.
Positive
Seeking Alpha
8 months ago
GHY: This Global Bond Fund Remains A Good Choice For Global Diversification, But No Near-Term Catalyst (Rating Downgrade)
The PGIM Global High Yield Fund offers a 9.86% yield, outperforming major bond indices, but underperforming some peers with double-digit yields. Despite strong recent performance, driven by market anticipation of monetary easing, future gains may be limited due to potential overpricing of bonds. The fund appears to be hedging its currency exposure, and the emerging market exposure that it has is largely hard currency bonds.
Positive
24/7 Wall Street
9 months ago
Need $15,000 Passive Income? Buy These Dividend Stocks
24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.
Neutral
Business Wire
9 months ago
PGIM Closed-End Funds Declare Distributions for September, October and November 2024
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 2024. 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.
Negative
Seeking Alpha
10 months ago
GHY: At A Historic Premium, Time To Divest (Rating Downgrade)
GHY is a global high-yield fixed-income CEF with a diverse geographic reach and credit spectrum composition. The fund's discount to NAV is near historic highs, credit spreads are tight, and distribution relies heavily on the return of capital. The fund leans towards BB and B-rated bonds, with a not-insignificant portion in CCC debt.
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