Park Avenue Securities LLC Buys 3,097 Shares of PGIM Global High Yield Fund, Inc (NYSE:GHY)

Park Avenue Securities LLC boosted its position in shares of PGIM Global High Yield Fund, Inc (NYSE:GHY) by 20.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,504 shares of the company’s stock after buying an additional 3,097 shares during the quarter. Park Avenue Securities LLC’s holdings in PGIM Global High Yield Fund were worth $221,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of GHY. Stolper Co boosted its stake in shares of PGIM Global High Yield Fund by 15.0% during the 1st quarter. Stolper Co now owns 41,186 shares of the company’s stock worth $493,000 after purchasing an additional 5,387 shares during the period. Steward Partners Investment Advisory LLC raised its position in PGIM Global High Yield Fund by 25.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 60,675 shares of the company’s stock worth $689,000 after purchasing an additional 12,307 shares during the period. City of London Investment Management Co. Ltd. lifted its stake in PGIM Global High Yield Fund by 6.2% in the fourth quarter. City of London Investment Management Co. Ltd. now owns 770,903 shares of the company’s stock worth $8,757,000 after purchasing an additional 45,000 shares during the last quarter. Principal Securities Inc. purchased a new position in shares of PGIM Global High Yield Fund during the fourth quarter valued at approximately $880,000. Finally, Spire Wealth Management grew its stake in shares of 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 valued at $153,000 after buying an additional 4,595 shares during the last quarter.

PGIM Global High Yield Fund Trading Up 0.6 %

Shares of NYSE GHY opened at $12.00 on Wednesday. PGIM Global High Yield Fund, Inc has a fifty-two week low of $10.24 and a fifty-two week high of $12.16. The business’s 50 day moving average price is $11.78 and its 200-day moving average price is $11.63.

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 dividend of $0.105 per share. The ex-dividend date was Thursday, June 13th. This represents a dividend yield of 10.55%.

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.