GHY - Watch for Continued Gains in Shares of PGIM Global High Yield Fund Inc. (GHY)
Shares of PGIM Global High Yield Fund Inc. (NYSE:GHY) traded today at $15.99, eclipsing its 52-week high. So far today approximately 91,000 shares have been exchanged, as compared to an average 30-day volume of 137,000 shares.
In the past 52 weeks, shares of PGIM Global High Yield Fund Inc. have traded between a low of $12.69 and a high of $15.99 and is now at $15.95, which is 26% above that low price.
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 primarily in higher-rated, below-investment-grade fixed income instruments of issuers located around the world, including emerging markets.
PGIM Global High Yield Fund Inc. (NYSE:GHY) is currently priced 89.5% above its average consensus analyst price target of $1.67.
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