ISD News and Press, PGIM Short Duration High Yield Fund Inc. From 06/24/20

Rick Rieder, Russ Brownback and Trevor Slaven contend that in the tug-of-war between the considerable economic damage stemming from the coronavirus and subsequent lockdowns, and the fiscal and monetary policy responses put in place, the latter factor is being underestimated by markets. Furthe...

So much of the mainstream financial media focuses on the stock market, and yet the corporate bond markets, and that would include securitized product and even municipal bonds, have (in my opinion) a huge information vacuum for the smaller advisor or individual investor. The corporate bond ma...

When last I wrote, corporate credit was trading at extreme levels only seen during two or three brief periods in the last 30 years. At the time, we were extolling the opportunity to buy credit assets at historically cheap levels, and while we could not predict where the market would bottom o...

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

( This report was first issued to members of Yield Hunting on April 10. All data herein unless otherwise specified is from that date or earlier.) What Is Happening In High Yield The high yield bond market is going through some interesting times. While spreads blew out (the additional yiel...

Junk bonds - those rated BB or lower - surged earlier this month as the US Federal Reserve announced it would be buying high yield ETFs for the first time in history. The announcement came on April 9, less than three weeks following the equity market low on March 23. On the news, speculative...

Who could have seen this coming? It's week 5 of the economic lockdown, and stocks have rallied to August 2019 levels again. If that makes sense to you, then you're smarter than me. To be fair, there is a massive deal of monetary and fiscal stimulus in the market, but the fact is that the Ameri...

The coronavirus outbreak and the effects of COVID-19 have gone deeper and wider than most people would have expected. That applies just as much to markets as anywhere. Whether it's a tech sector that is supporting our new work from home or re-rating as expensive EV/Sales multiples make less se...

PGIM High Yield Bond Fund (NYSE: ISD ) had declared $0.105/share monthly dividend , in line with previous. More news on: PGIM High Yield Bond Fund, Dividend News, , Read more ...

Anthony Okolie recaps the biggest news of the day including the latest COVID-19 developments, followed by a conversation with Greg Kocik, Head of High Yield Bond Group, TD Asset Management, about the potential opportunities in the high yield and corporate bond space. Original Post ...