Bridgewater Advisors Inc. Makes New $206,000 Investment in PGIM Global High Yield Fund, Inc (NYSE:GHY)

Bridgewater Advisors Inc. bought a new stake in shares of PGIM Global High Yield Fund, Inc (NYSE:GHY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,100 shares of the company’s stock, valued at approximately $206,000.

Several other institutional investors also recently modified their holdings of GHY. Spire Wealth Management purchased a new position in PGIM Global High Yield Fund in the third quarter worth about $98,000. CTC Alternative Strategies Ltd. purchased a new position in shares of PGIM Global High Yield Fund in the fourth quarter worth $140,000. Centurion Wealth Management LLC bought a new position in shares of PGIM Global High Yield Fund during the fourth quarter valued at $155,000. OLD National Bancorp IN purchased a new stake in shares of PGIM Global High Yield Fund during the third quarter valued at $159,000. Finally, Atria Wealth Solutions Inc. raised its position in PGIM Global High Yield Fund by 6.1% in the 4th quarter. Atria Wealth Solutions Inc. now owns 21,637 shares of the company’s stock worth $247,000 after buying an additional 1,245 shares during the last quarter.

PGIM Global High Yield Fund Stock Performance

Shares of NYSE GHY traded down $0.04 during trading on Tuesday, reaching $11.51. 110,591 shares of the company traded hands, compared to its average volume of 178,163. The firm has a 50 day simple moving average of $11.61 and a 200-day simple moving average of $11.32. PGIM Global High Yield Fund, Inc has a 52-week low of $10.24 and a 52-week high of $12.01.

PGIM Global High Yield Fund Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a dividend of $0.105 per share. The ex-dividend date was Thursday, March 14th. This represents a yield of 10.75%.

PGIM Global High Yield Fund 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.