SDHY
PGIM Short Duration High Yield Opportunities FundSDHY
SDHY
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 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
115% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 13
3.39% more ownership
Funds ownership: 48.38% [Q3] → 51.77% (+3.39%) [Q4]
3% more capital invested
Capital invested by funds: $199M [Q3] → $206M (+$6.65M) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
11% less funds holding
Funds holding: 61 [Q3] → 54 (-7) [Q4]
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Research analyst outlook
We haven’t received any recent analyst ratings for SDHY.
Financial journalist opinion
Positive
Seeking Alpha
1 day ago
SDHY: Discount Narrows And Distribution Coverage Weakens As Expected
The PGIM Short Duration High Yield Opps offers exposure to below-investment-grade investments with a focus on short durations, making it interesting amid elevated rates. The fund's discount has narrowed since our last update, helping to drive overall total returns, but distribution coverage has weakened further as expected when the Fed cut rates. As the fund is trading near its longer-term average discount level, it is somewhat attractive, but certainly less appealing than it was previously.
Neutral
Business Wire
1 month ago
PGIM Closed End Funds Declare Distributions for March, April, and May 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 March, April, and May 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, Inc. GHY $0.105 – PGIM Short.
Neutral
Business Wire
4 months 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,.
Neutral
Forbes
5 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.
Neutral
Seeking Alpha
7 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.
Neutral
Seeking Alpha
7 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.
Neutral
Business Wire
7 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.
Negative
Seeking Alpha
8 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.
Positive
Seeking Alpha
9 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.
Positive
Forbes
9 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.
Charts implemented using Lightweight Charts™