GHY News and Press, PGIM Global Short Duration High Yield Fund Inc. From 01/07/20

Introduction The closed-end funds from the high-yield sector continue with their solid performance. The first days of 2020 were very positive for the benchmark of the sector. The closed-end funds which invest in high-yield bonds did not impress us with their performance but most of them ...

You Can't Fight the Central Banks "Let me issue and control a nation's money and I care not who writes the laws." - Mayer Amschel Rothschild When I was growing up in Kansas City, Missouri I often heard the expression that "You can't fight City Hall." This comment was based upon the o...

Introduction The closed-end funds from the high-yield sector significantly increased their prices over the past months. Currently, most of them are traded at positive Z-scores, which is an indication that they have lost most of their statistical edge. Still, they are traded at high discoun...

Author's note : A modified version of this article was initially released to CEF/ETF Income Laboratory members on October 2, 2019. Commentary and some data have been updated for public release. We often tell our members to not just look at the yield. Particularly for closed-end funds wh...

PGIM Global High Yield Fund, Inc. (NYSE: GHY), (the “Fund”), a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended Oct. 31, 2019. This financial data is unaudited. Amounts do not reflect adjustments ...

Author's note : This article was initially released to CEF/ETF Income Laboratory members on Nov. 7, 2019. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end funds [CEFs] for further due diligence...

Introduction The closed-end funds from the high-yield sector significantly increased their prices over the past months. Currently, most of them are traded at positive Z-scores, which is an indication that they have lost most of their statistical edge. Still, they are traded at high discoun...

PGIM High Yield Bond Fund, Inc. (NYSE: ISD) and PGIM Global High Yield Fund, Inc. (NYSE: GHY) declared today that the funds will increase monthly distributions for December 2019 and January and February 2020. The distribution amounts and schedule for each fund appears below: The distribut...

Author's note : This article was initially released to members on October 24, 2019. This commentary followed the publication of The Chemist's Quality Closed-End Fund Report: October 2019 . All funds in this report have >100% earnings coverage. Checking out the highest-yielding "Qu...

Note: This article was released to members on October 19, 2019. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end funds [CEFs] for further due diligence and investigation. Previous editions of ...