PGIM High Yield Bond Fund

PGIM High Yield Bond Fund, Inc. operates as a diversified closed-end management investment company. The firm intends to provide a portfolio that focuses the majority of its holdings on higher-rated high yield bonds, emphasizes bonds that are slated to mature within the next five years, and offers average portfolio duration of three years or less. It invests in high yield bonds, derivative securities, foreign securities, emerging markets securities and fixed income investments. The company was founded on November 14, 2011 and is headquartered in Newark, NJ.

PGIM High Yield Bond Fund is downgraded to 'Sell' due to tight NAV discount, low true yield, and high ROC utilization. The fund's 9% distribution is misleading, with an actual yield of around 6.3% due to high ROC and floating rate leverage costs. U.S. high yield spreads are at decade lows, making the risk-reward profile unattractive for ISD compared to unleveraged alternatives.

ISD: A Lifecycle Progression To A Sell (Rating Downgrade)

PGIM Global High Yield Fund

PGIM Shrt Duratin Hgh Yld Opprtnts Fund

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

ISD fund continues to deliver steady performance with long-term above-average returns. However, I remain concerned about the fund's distribution, currently set at 9.2% of NAV, compared to long-term fund returns. Furthermore, a yawning gap between credit defaults and credit spreads suggests investors are not being compensated for elevated credit risks.

ISD: Steady As It Goes

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

Calamos Dynamic Convertible & Income Fund

Blackrock Debt Strategies Fund Inc

First Trust High Yld Oprtnts 2027 Tr Fn

Hannon Armstrong Sustainable Infrastructure Capital

Nuveen Real Asset Income & Growth Fund

For those many Americans who are feeling the squeeze but still want that $5.25 Tall Mocha from Starbucks, the only answers are to cut spending elsewhere or to augment income. The latter can be had by active means, i.e., a second job or side hustle, or via passive means, such as letting the money you have work for you. For those looking at the passive income route, dividend stocks are a worthwhile consideration.

Want $250 Per Month In Passive Income? Invest In These Stocks

Credit spreads have tightened significantly, reaching historic lows, indicating a risk-on market and potentially inadequate compensation for credit risk. The discount to NAV for the PGIM High Yield Bond Fund has narrowed, approaching decade-long highs, suggesting a less attractive entry point. Despite the less appealing entry point, the fund has performed well and represents a solid choice to hold due to its high dividend distribution and successful management team.

ISD: Not An Attractive Entry Point At This Level (Rating Downgrade)

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

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 2023, and January and February 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.

PGIM Closed-End Funds declare distributions for December 2023, January and February 2024

The PGIM High Yield Bond Fund, Inc. seeks to provide a high current income by investing in junk bonds with a yield of 10.81%. The ISD closed-end fund's total return of 5.82% this year is lower than the Bloomberg High Yield Very Liquid Index and the S&P 500 Index. The fund does not completely ignore investment-grade securities, although it is mostly in high-quality junk debt.

ISD: Diversified Junk Bond Fund, But Distribution Does Not Appear Sustainable

PGIM High Yield Bond Fund is a fixed-income closed-end fund that invests in U.S. high-yield bonds. ISD has a conservative portfolio build, with a low leverage ratio of 21% and a low beta of its discount to NAV. The fund has outperformed much better-known names in the space such as PDI and ACP on a 3-year lookback.

ISD: Boost Your Income With This 10% Yielding Conservative CEF

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 2023. The distribution amounts and schedule for each fund appear 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 – PG.

PGIM Closed-End Funds declare distributions for September, October and November 2023

Barings Global Short Duration High Yield Fund

Allspring Income Opportunities Fund

First Trust High Income Long/Short Fund

Western Asset High Income Opportunity Fund Inc

Western Asset High Yield Defined Opportunity Fund Inc

BlackRock Corporate High Yield Fund

KKR Income Opportunities Fund

Too many folks are letting so-called “safe” yields on Treasuries distract them from the real action these days: 10 “stealth” bond plays yielding way more!

10 Big 9%+ Dividends 'Basic' Investors Have Missed

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 2023. The distribution amounts and schedule for each fund appear 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 Closed-End Funds declare distributions for June, July and August 2023

AllianceBernstein Global High Income Fund Inc

Right now we've got a terrific setup happening in Treasuries

The Best Dividends To Buy For A 2023 ‘Bond Bounce'

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 2023. 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.

PGIM Closed End Funds declare distributions for March, April and May 2023

The PGIM High Yield Bond Fund is a no-frills closed-end fund focused on non-investment grade bonds. It has a current 10.0% distribution yield.

ISD: Good Choice For Junk Bond Fund

PGIM High Yield Bond Fund (ISD) is a high yield CEF from PGIM Investments.

ISD: Conservative HY Bond CEF, 10% Yield

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 monthly distributions today for December 2022, January and February 2023. The distribution amounts and schedule for each fund appears below:

PGIM Closed-End Funds declare distributions for December 2022, January and February 2023

Apollo Senior Floating Rate Fund

Ares Capital

Barings BDC Inc

VanEck Vectors BDC Income ETF

TCG BDC

PIMCO Income Strategy Fund

PIMCO Income Strategy Fund II

Invesco Senior Income Trust

I have often compared CNBC to the ESPN sports network, with panels of experts giving non-stop commentary on the sports or financial worlds. Both have the same business model: get viewers addicted so they'll watch all the time, regardless of whatever is happening.

Credit Investing Looks More Attractive Than Ever (Turn Off CNBC!)

ISD has a high-yield focus, which generally translates into lower interest rate sensitivity. The fund's current discount could present an opportunity to go back into this fund.

ISD: Discounted High-Yield Bond Fund, Attractive Distribution Yield

Aberdeen Income Credit Strategies Fund

Apollo Tactical Income Fund, Inc.

Alpine Total Dynamic Dividend Fund

Blackstone Long-Short Credit Income Fund

BlackRock Credit Allocation Income Trust

Credit Suisse Asset Management Income Fund

Doubleline Opportunistic Credit Fund

BNY Mellon High Yield Strategies Fund 

DoubleLine Yield Opportunities Fund

DoubleLine Income Solutions Fund

Western Asset Global High Income Fund

Western Asset Emerging Markets Debt Fund

First Trust MLP & Energy Income Fund

Western Asset High Income Fund

Pioneer Diversified High Income Trust

John Hancock Preferred Income Fund

John Hancock Tax-Advantaged Dividend Income Fund

RiverNorth Capital and Income Fund

Only funds with yields over 7%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

The 'High-High-Low' Closed-End Fund Report, August 2021

Ares Dynamic Credit Allocation Fund

Eagle Point Credit

First Trust New Opportunities Mlp & Energy Fund

Pioneer Floating Rate Trust

Pioneer High Income Trust

Only funds with yields over 6.50%, coverage higher than 80% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

The 'High-High-Low' Closed-End Fund Report, July 2021

Blackstone Strategic Credit Fund

BlackRock 2022 Global Income Opportunity Trust

BlackRock Multi-Sector Income Trust

Blackrock Limited Duration Income Trust

Blackstone/GSO Senior Floating Rate Term Fund

MFS Intermediate High Income Fund

Eaton Vance Short Duration Diversified Income Fund

Nuveen Floating Rate Income Opportunity Fund ETF

Neuberger Berman High Yield Strategies Fund Inc

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Invesco High Income Trust II

These are some options that I think you can buy today if you own the selling candidate. Some of the buy candidates on here I would even buy outright if I didn't own the "sell."

Some Relative CEF Value Trades And Opportunities

Blackrock Core Bond Trust

Vanguard Total Bond Market ETF

Brandywine Global Income Opportunities Fund Inc

Nuveen Floating Rate Income Fund

Nuveen Global High Income Fund

Nuveen Short Duration Credit Opportunities Fund

Nuveen Senior Income Fund

YieldShares High Income ETF

Fixed income CEF discounts continue to tighten and are approaching 20-year highs. This won't last for long. Part II of this report will focus on when this ends.

CEF Report June 2021 | The Winch Tightens Further

NEWARK, N.J.--(BUSINESS WIRE)-- #PRU--PGIM High Yield Bond Fund, Inc. (NYSE: ISD) (the “Fund”), a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended Feb. 28, 2021.   As of February 28, 2021 As of November 30, 2020 As of February 29, 2020 Net Assets $566,650,138 $547,229,968 $541,274,654 Loan Outstanding $180,000,000 $180,000,000 $180,000,000 Shares Outstanding 33,256,724 33,256,724 33,256,724 Net Asset Value (“NAV”) Per Share (

News for PGIM High Yield Bond Fund ETF (ISD)