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PGIM High Yield Bond Fund

ISD

Market cap $386M

11.65 USD

+0.08

0.69%

At close Updated Nov 2, 4:00 PM EST

1 day

0.69%

5 days

2.64%

1 month

-0.43%

3 months

-6.5%

6 months

-13.51%

Year to date

-19.54%

1 year

-19.49%

5 years

-28.92%

10 years

-22.95%

About: PGIM High Yield Fund Inc is a diversified, closed-end management investment company, active in the financial services domain. The fund's primary investment objective is to provide a high level of current income and capital appreciation. It seeks to achieve its objective by investing in high yield fixed income instruments of companies and governments located around the world, including emerging markets.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 66.7%

Neutral 33.3%

Negative 0%

ISD: Recent Sell-Off Creates An Attractive Distribution Opportunity

PGIM High Yield Bond Fund is now trading at a -10% discount to NAV, near the bottom of its historic range. ISD's -20% YTD decline, driven by rate hikes and widening discounts, presents an attractive entry point with a 10.7% monthly distribution rate. The fund maintains a conservative 20% leverage ratio and is overweight BB-rated bonds, limiting excessive credit risk.

ISD: Recent Sell-Off Creates An Attractive Distribution Opportunity

10 Best CEFs This Month: Average Yield Of 10% (September 2026)

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 nearly a 6% 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.

10 Best CEFs This Month: Average Yield Of 10% (September 2026)

PGIM Closed-End Funds Declare Distributions for September, October, and November 2026

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 Closed-End Funds Declare Distributions for September, October, and November 2026

ISD: Downside Could Be Limited From Here If The Fund Can Sustain Its Distribution

PGIM High Yield Bond Fund offers a 9.87% yield by investing primarily in junk bonds and loans to lower-credit companies. ISD's share price has underperformed both its net asset value and the high-yield index, reflecting a swing from premium to discount valuation. Distribution coverage is marginal, with recent periods showing distributions slightly exceeding income and gains; sustainability is a concern.

ISD: Downside Could Be Limited From Here If The Fund Can Sustain Its Distribution

10 Best CEFs This Month: Average Yield Of Near 10% (June 2026)

The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 9.8% plus yield and nearly 7.5% 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.

10 Best CEFs This Month: Average Yield Of Near 10% (June 2026)

PGIM Closed-End Funds Declare Distributions for June, July and August 2026

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 Closed-End Funds Declare Distributions for June, July and August 2026

CORRECTING and REPLACING PGIM Closed-End Funds declare distributions for March, April and May 2026

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.

CORRECTING and REPLACING PGIM Closed-End Funds declare distributions for March, April and May 2026

KBRA Assigns AA Rating with Stable Outlook to Sulphur Springs ISD, TX Unlimited Tax School Building Bonds Series 2026

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Sulphur Springs Independent School District (the District), Texas, Unlimited Tax School Building Bonds, Series 2026 (the 2026 Bonds). In addition, KBRA assigns a AA rating on outstanding parity debt. The Outlook is Stable. Proceeds of the 2026 Bonds will fund the construction, acquisition, rehabilitation, renovation, expansion and equipment of school buildings; capitalized interest; and the costs of issuance. The 2026 Bonds.

KBRA Assigns AA Rating with Stable Outlook to Sulphur Springs ISD, TX Unlimited Tax School Building Bonds Series 2026

KBRA Assigns AA- Rating with Stable Outlook to Canutillo ISD, TX Unlimited Tax Bonds Series 2026

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA- to the Canutillo Independent School District (the District), Texas, Unlimited Tax School and Building and Refunding Bonds, Series 2026 (the 2026 Bonds). Concurrently, KBRA affirms the AA- rating for the District's outstanding unlimited tax bonds. The Outlook is Stable. Proceeds of the 2026 Bonds will finance the construction of school facilities, refinance certain outstanding Bonds of the District, and fund the costs of issuance.

KBRA Assigns AA- Rating with Stable Outlook to Canutillo ISD, TX Unlimited Tax Bonds Series 2026

Income-Covered Closed-End Fund Report, March 2026

The Income-Covered Closed-End Fund Report screens for CEFs with distribution coverage exceeding 100%, targeting funds less likely to cut payouts. Discounted, fully-covered CEFs offer dual benefits: potential price appreciation from narrowing discounts and enhanced yields based on full NAV distributions. Composite metrics combining yield, discount, and z-score help identify CEFs offering value on both absolute and relative terms, with high income potential.

Income-Covered Closed-End Fund Report, March 2026

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