PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) announced a monthly dividend on Friday, May 29th. Investors of record on Thursday, June 11th will be paid a dividend of 0.105 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date of this dividend is Thursday, June 11th.
PGIM High Yield Bond Fund Stock Down 0.2%
Shares of ISD opened at $12.82 on Tuesday. The stock has a 50 day moving average of $13.15 and a 200 day moving average of $13.94. PGIM High Yield Bond Fund has a 12 month low of $12.53 and a 12 month high of $14.79.
About PGIM High Yield Bond Fund
PGIM High Yield Bond Fund (NYSE:ISD) is an exchange‐traded fund designed to provide investors with broad exposure to the high yield corporate debt market. Launched and managed by PGIM Investments, the fund seeks to generate current income by investing predominantly in U.S. dollar‐denominated below‐investment‐grade corporate bonds. Through its open‐end structure, ISD offers daily liquidity, allowing investors to gain access to a diversified portfolio of high yield debt instruments across a range of industries.
The fund’s investment approach emphasizes rigorous, bottom‐up credit research conducted by PGIM’s global fixed income team.
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