PGIM Global High Yield Fund, Inc (NYSE:GHY) Director Barry H. Evans Sells 3,747 Shares

PGIM Global High Yield Fund, Inc (NYSE:GHY) Director Barry H. Evans sold 3,747 shares of PGIM Global High Yield Fund stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $12.47, for a total value of $46,725.09. Following the completion of the sale, the director now owns 83,938 shares in the company, valued at $1,046,706.86. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

PGIM Global High Yield Fund Price Performance

Shares of PGIM Global High Yield Fund stock opened at $12.56 on Wednesday. The business has a 50 day simple moving average of $12.21 and a two-hundred day simple moving average of $11.85. PGIM Global High Yield Fund, Inc has a 12 month low of $10.24 and a 12 month high of $12.57.

PGIM Global High Yield Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were given a $0.105 dividend. This represents a dividend yield of 10.55%. The ex-dividend date of this dividend was Thursday, June 13th.

Hedge Funds Weigh In On PGIM Global High Yield Fund

A number of institutional investors and hedge funds have recently bought and sold shares of GHY. Raymond James & Associates raised its holdings in PGIM Global High Yield Fund by 1.8% in the 4th quarter. Raymond James & Associates now owns 70,996 shares of the company’s stock valued at $807,000 after acquiring an additional 1,234 shares during the last quarter. Atria Wealth Solutions Inc. increased its holdings in shares of PGIM Global High Yield Fund by 6.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 21,637 shares of the company’s stock valued at $247,000 after purchasing an additional 1,245 shares during the last quarter. Bridgewater Advisors Inc. acquired a new stake in shares of PGIM Global High Yield Fund in the fourth quarter valued at approximately $206,000. Spire Wealth Management lifted its position in PGIM Global High Yield Fund by 50.6% during the fourth quarter. Spire Wealth Management now owns 13,682 shares of the company’s stock worth $153,000 after buying an additional 4,595 shares in the last quarter. Finally, Principal Securities Inc. acquired a new position in PGIM Global High Yield Fund during the fourth quarter worth $880,000.

PGIM Global High Yield Fund Company Profile

PGIM Global Short Duration High Yield Fund, Inc is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody’s Investors Service, Inc or BB+ or lower by Standard & Poor’s Ratings Services.