ISD News and Press, PGIM Short Duration High Yield Fund Inc. From 11/26/19

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...

This article was originally published on October 29, 2019. Most closed-end fund investors know that distribution cuts come with the nature of the closed-end fund's structure. The fact is that when a fund is paying out 90% of their NII and 98% of their realized capital gains on an annual ba...

(Please note, this was released to members of our service Yield Hunting on September 18) This fund spotlight is highlighting a fund that was in the Flexible Portfolio around a 3.5% weight and sold for a nice gain of approximately 9%. We are looking at the fund in more depth and the activis...

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...

Based on the original article, which can be found here . There is a potentially big opportunity for the insurance-linked securities (ILS) markets to develop parametric cat bonds that could cover some of the growing risks in Eastern Europe and Western areas of Asia. For a wide range ...

(This was first released to members of Yield Hunting on September 11th) PGIM (Prudential) High Yield Bond ( ISD ) This is a high yield (non-investment grade) fund that we currently like given the large discount to NAV, the higher-quality of holdings, and the competitive yield. PGIM has two...

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

This publication was originally released on September 5th, 2019. After covering PGIM High Yield Fund ( ISD ), I had CEF/ETF Income Laboratory members asking for my thoughts on Western Asset High Yield Defined Opportunity Fund Inc. ( HYI ) and if I felt like ISD was more worthy to hold. I b...

This article was first released on September 2nd, 2019. The PGIM High Yield Bond Fund ( ISD ), formerly known as PGIM Short Duration High Yield Fund, invests in below-investment-grade bonds, more familiarly called high yield junk bonds. These types of bonds are issued by lower-quality comp...

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...