Thrivent Financial for Lutherans Sells 41,000 Shares of PGIM Global High Yield Fund, Inc (NYSE:GHY)

Thrivent Financial for Lutherans decreased its holdings in shares of PGIM Global High Yield Fund, Inc (NYSE:GHY) by 16.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 209,036 shares of the company’s stock after selling 41,000 shares during the quarter. Thrivent Financial for Lutherans’ holdings in PGIM Global High Yield Fund were worth $2,671,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC bought a new stake in shares of PGIM Global High Yield Fund during the 3rd quarter worth about $36,000. Advisor Resource Council acquired a new stake in PGIM Global High Yield Fund during the third quarter worth approximately $136,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of PGIM Global High Yield Fund by 4.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 23,030 shares of the company’s stock worth $274,000 after acquiring an additional 1,050 shares during the period. SeaCrest Wealth Management LLC grew its position in shares of PGIM Global High Yield Fund by 5.2% in the third quarter. SeaCrest Wealth Management LLC now owns 25,078 shares of the company’s stock valued at $320,000 after purchasing an additional 1,246 shares during the last quarter. Finally, Choreo LLC acquired a new position in shares of PGIM Global High Yield Fund in the second quarter valued at approximately $355,000.

PGIM Global High Yield Fund Price Performance

NYSE:GHY opened at $12.56 on Wednesday. The stock has a 50 day simple moving average of $12.68 and a 200 day simple moving average of $12.35. PGIM Global High Yield Fund, Inc has a 1-year low of $10.86 and a 1-year high of $13.11.

PGIM Global High Yield Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a $0.105 dividend. The ex-dividend date was Thursday, September 12th. This represents a dividend yield of 10.08%.

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.