GHY News and Press, PGIM Global Short Duration High Yield Fund Inc. From 07/04/21

Investment uncertainty is focused on the nature of the current spike in inflation, which the Fed argues is transitory, though a growing number of people do not buy this narrative. Historically, the Fed has never been able to head off any longer-lasting inflation uptrends without a recessi...

The expected risk premium for the Global Market Index (GMI) resumed an upward drift in June, rising to an annualized 6.0%. The current risk premium forecast for GMI - 6.0% - suggests that multi-asset-class strategies will generate lower returns relative to results posted in recent yea...

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 I...

MSCI US REIT Index rallied 2.7% in June, which marks an impressive run of eight consecutive monthly increases. The Russell 3000 Index jumped 2.5% in June, the fifth straight monthly advance. Comparing GMI to US stocks and bonds shows that global asset allocation remains competitiv...

Faced with higher inflation numbers, the Federal Reserve has begun to create more meaningful parameters around its evolving stance on monetary policy. Although the changes could be less dramatic than many expect, we believe that investors should be prepared for higher market volatilit...

Rising Star volume gains momentum as the global economy continues its recovery, which we believe will provide attractive total return opportunity in Fixed Income. Over the course of 2020, as the COVID-19 pandemic adversely impacted fundamentals and markets, we experienced a new record...

PGIM Global High Yield Fund Inc. (NYSE:GHY) traded today at a new 52-week high of $15.88. This new high was reached on approximately average trading volume as 130,000 shares traded hands, while the average 30-day volume is approximately 130,000 shares. PGIM Global High Yield Fund, Inc is...

Prudential's PGIM Global High Yield Fund rings my bell on several accounts. 8% yield, 7% discount, 9% annual total return over 5 years. Great parent with lots of expertise in corporate credit. Over 50% of its ownership by other large institutional and mutual fund investors. ...

Fixed income CEF discounts continue to tighten and are approaching 20-year highs. This won't last for long. Part II of this report will focus on when this ends. Muni CEFs remain a better value than taxables but there are small pockets of opportunity in the taxable side if you look and...

Risk-adjusted performance for the Global Market Index (GMI) continued to tick higher in May. GMI’s Sharpe ratio — a measure of risk-adjusted return – rose to 0.82 on a trailing 10-year basis through last month. That’s close to a pandemic high, but still...