ISD News and Press, PGIM Short Duration High Yield Fund Inc. From 08/31/20

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

Author’s note: this article was released to members of CEF/ETF Income Laboratory on August 4, 2020. Please check latest data before investing. Chemist's "High-High-Low" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database ...

The name of the bond market game since COVID-19 hit, if it can be summarized in one sentence, is that "credit spread assets continue to make sense". This graph from PIMCO was in their asset allocation outlook held for retail investors the last few weeks, and I think it did a good job highlig...

By Alessio de Longis, CFA, Senior Portfolio Manager, Invesco Investment Solutions By and large, recent global economic data releases have shown signs of stabilization as most economies have begun the reopening process, confirming our Recovery regime initiated in June. Our macro reg...

PGIM High Yield Bond Fund, Inc. (NYSE: ISD) and PGIM Global High Yield Fund, Inc. (NYSE: GHY) announced today that each Fund has elected to be subject to the Maryland Control Share Acquisition Act (MCSAA), effective as of July 9, 2020. The MCSAA protects the interests of all long-term sto...

By Matthew Sheridan & Monika Carlson Credit barbell strategies are designed to provide protection on the downside, participation on the upside, and efficient income. But with government bond yields at historic lows, can these fixed-income strategies still meet their objectives? We thin...

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 May 31, 2020. This financial data is unaudited. Amounts do not reflect adjustments for Ge...

The COVID-19 crisis has impacted asset valuations, increased volatility and led to reduced liquidity in many cases. Most asset classes have been affected, and governments have stepped in to support financial operations. In this paper, we examine the effects of the crisis on the year-to-date li...

Note: This article was released to CEF/ETF Income Laboratory members on June 22, 2020, and data are from that date. This month, I'd like to take a look at Pioneer High Income Trust ( PHT ), the second-highest ranked "DxYxZ" fund (good combination of discount, yield and z-score). It clos...

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...