ISD News and Press, PGIM Short Duration High Yield Fund Inc. From 11/30/21

PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for December 2021, and January and February 2022. The distribution amounts and schedule for ...

GHY is PGIM's global-oriented high-yield bond offering. The fund offers investors more diversified exposure outside of the U.S., with just over 50% of their assets invested outside of the U.S. GHY and ISD from PGIM were launched in 2012, meaning both avoided the 2008/09 market dow...

Higher interest rates will be here before too long; SDHY has a short-duration focus that can put it in a better position. SDHY currently has an attractive discount and appealing monthly distribution. The distribution coverage was relatively low; this is something to watch going fo...

The recent run higher in the Sharpe ratio for the Global Market Index finally reversed in October. Risk-adjusted performance has slipped, but GMI's rebound in October lifted it to a new record high. GMI is useful as a baseline to begin research on asset allocation and portfolio de...

The long-run risk premium forecast for the Global Market Index (GMI) rebounded in October, edging up to 6.1%, based on revised numbers through last month. The new estimate is calculated in terms of the projected return over the “risk-free” rate, according to a risk-based...

US real estate investment trusts (REITs) and stocks posted the strongest returns for the major asset classes in October - by wide margins. US REITs surged 7.7% last month, reversing September’s sharp decline. The recovery puts American property shares in the lead for 2021 with ...

ISD has a high-yield focus, which generally translates into lower interest rate sensitivity. The fund's current discount could present an opportunity to go back into this fund. The fund has an attractive distribution yield of 7.71%, though distribution coverage was lacking. ...

Risk-adjusted performance continued to rise in September for the Global Market Index (GMI), an unmanaged, market-value-weighted portfolio that holds all the major asset classes (except cash). GMI’s 0.97 Sharpe ratio is close to the highest levels reached in recent history. ...

Global Market Index is useful as a starting point for research on asset allocation and portfolio design. Predictions for the market components are subject to greater uncertainty compared with aggregating forecasts, a process that may cancel out some of the errors through time. Com...

Global markets suffered their broadest retreat in a year during September. The bullish exception: commodities, which delivered a solid gain last month. Notably, US stocks and bonds lost ground, giving support to concerns that the historical diversification benefits of pairing the two ...