PGIM High Yield Bond Fund, Inc. (ISD) to Distribute Monthly Dividend of $0.10 on October 30th

by · The Markets Daily

PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) announced a monthly dividend on Monday, August 31st. Stockholders of record on Thursday, October 15th will be given a dividend of 0.105 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 10.3%. The ex-dividend date of this dividend is Thursday, October 15th.

PGIM High Yield Bond Fund Trading Down 0.6%

ISD stock opened at $12.23 on Wednesday. PGIM High Yield Bond Fund has a 1-year low of $12.21 and a 1-year high of $14.79. The business’s 50 day moving average is $12.61 and its 200-day moving average is $13.12.

PGIM High Yield Bond Fund Company Profile

(Get Free Report)

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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