GHY News and Press, PGIM Global Short Duration High Yield Fund Inc. From 03/26/20

Originally published on March 24, 2020 Global risk markets have experienced the steepest 30 percent decline in history over the last month. We should expect to see some big reversal rallies punctuating the downtrend–even while the trend continues down. Today, as algos key on t...

Author's note: This article was initially released to CEF/ETF Income Laboratory members on February 10, 2020. Please check latest data before investing. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus...

PGIM High Yield Bond Fund, Inc. (NYSE: ISD) and PGIM Global High Yield Fund, Inc. (NYSE: GHY) declared today monthly distributions for March, April and May 2020. The distribution amounts and schedule for each fund appears below: The distribution amounts are forward-looking and may include...

There is virtually no yield left. None. I have pointed out Closed-End Funds as the only sector left with some yield and the complexities of this market, and I have pointed out that they trade as listed equities and this has not changed. However, if you are an insurance company, pension fund, u...

Introduction The closed-end funds from the high-yield sector significantly increased their prices over the past week. More or less the panic around coronavirus was overcome and the investors returned their appetite for riskier assets and higher yields. Currently, most of the closed-end f...

PGIM Investments announced it will host a conference call to provide market commentary and product updates for PGIM High Yield Bond Fund, Inc. (NYSE: ISD) and PGIM Global High Yield Fund, Inc. (NYSE: GHY). The call will feature the Funds’ portfolio managers from PGIM Fixed Income&#...

Introduction Earlier this week, JPMorgan Chase ( JPM ) CEO Jamie Dimon said that the only financial market bubble out there right now is in sovereign debt . First of all, it's important to note that in spite of this perceived bubble, JPM has increased its holdings in US government bonds...

As we reported throughout 2019, our Income Factory has more than recovered from the market price drops of the previous year, while still managing to maintain a high distribution yield level. These past two years, together, are a good "case study" for explaining and demonstrating our Income F...

Author's note : This article was released to CEF/ETF Income Laboratory members on December 17, 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 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 ...