SDHY

PGIM Short Duration High Yield Opportunities Fund

16.20 USD
Updated Jan 10, 12:47 PM EST
1 day
0.00%
5 days
-0.67%
1 month
-2.23%
3 months
-2.64%
6 months
4.45%
Year to date
-0.12%
1 year
6.79%
5 years
-19.00%
10 years
-19.00%
 

About: PGIM Short Duration High Yield Opportunities is a closed-end management investment company. The fund's investment objective is to provide total return, through a combination of current income and capital appreciation. Its seeks to achieve its objective by investing in a diversified portfolio of high yield fixed income instruments.

0
Funds holding %
of 6,810 funds
Analysts bullish %

Fund manager confidence

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

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

5% less funds holding

Funds holding: 63 [Q2] → 60 (-3) [Q3]

5% less capital invested

Capital invested by funds: $210M [Q2] → $199M (-$11M) [Q3]

7.26% less ownership

Funds ownership: 55.64% [Q2] → 48.37% (-7.26%) [Q3]

13% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 24

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

Research analyst outlook

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

Financial journalist opinion

Neutral
Business Wire
1 month 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
Neutral
Forbes
2 months ago
Wall Street Missed The Memo On These Bond Yields Up To 13%
It's a party on Wall Street! While the suits fawn over the hot “Trump trade” stocks, we dividend investors are going to dumpster dive.
Wall Street Missed The Memo On These Bond Yields Up To 13%
Neutral
Seeking Alpha
3 months ago
Ideas For Managing CEF Discount Volatility
Volatility in the closed-end fund, or CEF, market has recently increased, while tight discounts create a point of vulnerability for the market. We discuss various strategies investors can use to make their CEF portfolios more resilient to take advantage of future draw-downs. These strategies include focusing on likely CEF distribution changes, seeking funds with wide discounts, considering term CEFs, and riding sidecar with CEF activists.
Ideas For Managing CEF Discount Volatility
Neutral
Seeking Alpha
3 months ago
SDHY: Rating Downgrade To Buy Amid Yield Spread Dropping And Slowing Economy
Shrinking yield spread, economic slowdown, and rising recession risks, prompting a downgrade of SHDY from Strong Buy to Buy. SHDY remains a Buy for its 8.06% yield and portfolio diversification. Management and term-based liquidation offer some resilience amid uncertainties. Macro backdrops warrant caution on high-yield bonds currently sitting at high price levels. Consider funds with reduced risk for high-yield bonds investors.
SDHY: Rating Downgrade To Buy Amid Yield Spread Dropping And Slowing Economy
Neutral
Business Wire
4 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
4 months ago
SDHY: Short Duration HY CEF That Fails To Impress
PGIM Short Duration High Yield Opportunities Fund is a fixed income closed end fund from Prudential, focusing on shorter duration high yield bonds. The fund's performance has been disappointing, lagging behind peers and trading at a large discount to NAV due to poor timing in the market. SDHY needs a multi-year credit bull market to potentially improve its performance and narrow the discount to NAV, making it a less attractive option currently.
SDHY: Short Duration HY CEF That Fails To Impress
Positive
Seeking Alpha
5 months ago
Opportunities In Income Securities That Have Lagged The Rally
Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength. Our countercyclical approach has led to the culling of high-flyers like BDC Gladstone Capital and the CEF Nuveen Preferred and Income Term Fund. We highlight opportunities in securities that have lagged the market across the CEF and BDC sectors.
Opportunities In Income Securities That Have Lagged The Rally
Positive
Forbes
5 months ago
Coming Bond Rally ‘Sequel' Will Send These 8%+ Dividends Soaring
At my CEF Insider service, we've been bullish on corporate bonds (especially corporate bond–focused closed-end funds yielding 8%+) for a long time now.
Coming Bond Rally ‘Sequel' Will Send These 8%+ Dividends Soaring
Neutral
Forbes
5 months ago
These 8.4%+ Bond Dividends Are Better Buys Now
This levitating stock market has brought back worries about a crash (and a recession). I know, I know.
These 8.4%+ Bond Dividends Are Better Buys Now
Positive
Seeking Alpha
6 months ago
Finding The Sweetspot Across The Yield Curve At 7-9% Yields
Many investors oversimplify the investment process with respect to duration by thinking about the concept on a single spectrum. They also focus overly on today's yield rather than considering reinvestment risk as well as capital gains consequences. We discuss two of these investment process shortcomings and highlight a number of attractive holdings in the context of the current market environment.
Finding The Sweetspot Across The Yield Curve At 7-9% Yields
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