PGIM Global High Yield FundGHY
Market Cap: $516M
About: PGIM Global High Yield Fund, Inc is a diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income. The fund seeks to provide a high level of current income by investing in higher-rated, below-investment-grade fixed income instruments of issuers located around the world, including emerging markets.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
3% less funds holding
Funds holding: 72 [Q1] → 70 (-2) [Q2]
10.52% less ownership
Funds ownership: 43.7% [Q1] → 33.18% (-10.52%) [Q2]
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
25% less capital invested
Capital invested by funds: $214M [Q1] → $161M (-$52.6M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for GHY.