GHY News and Press, PGIM Global Short Duration High Yield Fund Inc. From 11/22/23

2023-11-22 05:33:00 ET Summary Deal activity involving sustainable companies dropped 15% to touch a three-year low of $111bn. By number of deals, China led the market for sustainable M&A activity, taking an 18% market share. The market for equity issuance remains moribund, wit...

2023-11-13 14:38:54 ET Summary BlackRock Corporate High Yield Fund, Inc offers a high level of income with a current yield of 10.70%, one of the highest in the market. The HYT closed-end fund has underperformed the Bloomberg U.S. Aggregate Bond Index and the Bloomberg High Yield V...

2023-10-06 17:54:39 ET Summary The PGIM Global High Yield Fund offers a high current yield of 11.85%, higher than many other options in the market. The fund's performance has been disappointing, with shares down 29.42% since the start of last year. The fund's diverse portfolio...

2023-10-03 04:06:00 ET Summary Despite compelling evidence that central banks have likely completed or nearly completed their hiking cycles, yields have continued to rise globally and are now at cyclical highs. Sustained higher interest rates are also likely to lead, eventually, t...

2023-09-14 11:00:00 ET Summary Expanding the fixed-income opportunity set globally allows US investors to capture diversification, attractive yields, and potential returns. The global bond market offers more opportunities for active managers to add alpha and diversification source...

2023-09-05 12:00:00 ET Summary Higher rates mean bond markets once more offer worthwhile real returns, while more challenging economic conditions are creating greater scope for active fixed-income security selection. Systematic fixed-income investing is an active approach that aim...

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 2023. The distribution amounts and schedule for each fund appear b...

2023-08-25 05:30:00 ET Summary The NY Fed's yield-curve inversion model predicts a high probability of a recession in the next year, but risk premia in equity and credit markets do not reflect this. Junk credit spreads are vulnerable to a "violent repricing" and junk bonds are at ...

2023-08-09 06:35:00 ET Summary With the global economy slowing under the weight of central bank rate hikes, many income-seeking investors are shying away from high-yield corporate bonds. Prudent fiscal management isn’t the only reason the corporate universe is well-position...

2023-07-25 16:40:00 ET Summary PGIM Global High Yield Fund, Inc. is a closed-end fund that aims to offer a high level of current income primarily by investing in below investment-grade fixed income. The fund's investment portfolio is diversified across different geographies and in...