GHY

PGIM Global High Yield Fund

12.58 USD
-0.03
0.24%
Updated Dec 24, 11:46 AM EST
1 day
-0.24%
5 days
-1.26%
1 month
-2.02%
3 months
-1.26%
6 months
5.27%
Year to date
9.58%
1 year
9.49%
5 years
-15.34%
10 years
-20.23%
 

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.

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 71 [Q2] → 71 (+0) [Q3]

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

11.7% less ownership

Funds ownership: 41.59% [Q2] → 29.89% (-11.7%) [Q3]

23% less capital invested

Capital invested by funds: $202M [Q2] → $156M (-$46M) [Q3]

34% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 29

Research analyst outlook

We haven’t received any recent analyst ratings for GHY.

Financial journalist opinion

Neutral
Business Wire
3 weeks ago
PGIM Closed-End Funds Declare Distributions for December 2024, January, and February 2025
NEWARK, N.J.--(BUSINESS WIRE)--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 2024, and January and February 2025. The distribution amounts and schedule for each fund appears below: Fund Name   Ticker   Distribution Per Share   Change from Prior Distribution PGIM High Yield Bond Fund, Inc.   ISD   $0.105   – PGIM Global High Yield Fund,.
PGIM Closed-End Funds Declare Distributions for December 2024, January, and February 2025
Positive
Seeking Alpha
2 months ago
GHY: This Global Bond Fund Remains A Good Choice For Global Diversification, But No Near-Term Catalyst (Rating Downgrade)
The PGIM Global High Yield Fund offers a 9.86% yield, outperforming major bond indices, but underperforming some peers with double-digit yields. Despite strong recent performance, driven by market anticipation of monetary easing, future gains may be limited due to potential overpricing of bonds. The fund appears to be hedging its currency exposure, and the emerging market exposure that it has is largely hard currency bonds.
GHY: This Global Bond Fund Remains A Good Choice For Global Diversification, But No Near-Term Catalyst (Rating Downgrade)
Positive
24/7 Wall Street
3 months ago
Need $15,000 Passive Income? Buy These Dividend Stocks
24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.
Need $15,000 Passive Income? Buy These Dividend Stocks
Neutral
Business Wire
3 months ago
PGIM Closed-End Funds Declare Distributions for September, October and November 2024
NEWARK, N.J.--(BUSINESS WIRE)--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 September, October and November 2024. The distribution amounts and schedule for each fund appears below: Fund Name Ticker Distribution Per Share Change from Prior Distribution PGIM High Yield Bond Fund, Inc. ISD $0.105 – PGIM Global High Yield Fund, Inc. GHY $0.105 – P.
PGIM Closed-End Funds Declare Distributions for September, October and November 2024
Negative
Seeking Alpha
5 months ago
GHY: At A Historic Premium, Time To Divest (Rating Downgrade)
GHY is a global high-yield fixed-income CEF with a diverse geographic reach and credit spectrum composition. The fund's discount to NAV is near historic highs, credit spreads are tight, and distribution relies heavily on the return of capital. The fund leans towards BB and B-rated bonds, with a not-insignificant portion in CCC debt.
GHY: At A Historic Premium, Time To Divest (Rating Downgrade)
Neutral
Business Wire
6 months ago
PGIM Closed End Funds Declare Distributions for June, July and August 2024
NEWARK, N.J.--(BUSINESS WIRE)--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 June, July and August 2024. The distribution amounts and schedule for each fund appears below: Fund Name Ticker Distribution Per Share Change from Prior Distribution PGIM High Yield Bond Fund, Inc. ISD $0.105 – PGIM Global High Yield Fund, Inc. GHY $0.105 – PGIM Short.
PGIM Closed End Funds Declare Distributions for June, July and August 2024
Positive
Seeking Alpha
8 months ago
GHY: A Great Way To Diversify Away From The United States With An 11% Yield
The PGIM Global High Yield Fund offers a very attractive proposition for investors who are seeking to earn a high level of income from their portfolios. The fund's 11.22% yield compares well to other funds in the market. The fund's recent performance has been stable and it has outperformed the global bond indices on a total return basis.
GHY: A Great Way To Diversify Away From The United States With An 11% Yield
Positive
24/7 Wall Street
9 months ago
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Neutral
Business Wire
9 months ago
PGIM Closed End Funds declare distributions for March, April, and May 2024
NEWARK, N.J.--(BUSINESS WIRE)--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 March, April, and May 2024. The distribution amounts and schedule for each fund appears below: Fund Name Ticker Distribution Per Share Change from Prior Distribution PGIM High Yield Bond Fund, Inc. ISD $0.105 – PGIM Global High Yield Fund, Inc. GHY $0.105 – PGIM Short.
PGIM Closed End Funds declare distributions for March, April, and May 2024
Positive
Seeking Alpha
1 year ago
GHY: Good International Diversification, But Distribution Sustainability Is Concerning
The PGIM Global High Yield Fund offers income-focused investors a way to diversify their portfolio with foreign fixed-income securities. The fund's performance has been respectable, with shares up 6.69% since October. The fund's net asset value per share is up 5.27% over the past two months, indicating strong gains and the ability to cover distributions in those two months.
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