2,800 Shares in PGIM Global High Yield Fund, Inc (NYSE:GHY) Acquired by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC purchased a new position in PGIM Global High Yield Fund, Inc (NYSE:GHY) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,800 shares of the company’s stock, valued at approximately $36,000.

A number of other hedge funds also recently modified their holdings of GHY. Ironsides Asset Advisors LLC grew its stake in PGIM Global High Yield Fund by 4.6% in the 1st quarter. Ironsides Asset Advisors LLC now owns 21,299 shares of the company’s stock valued at $255,000 after buying an additional 939 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in PGIM Global High Yield Fund by 4.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 23,030 shares of the company’s stock valued at $274,000 after buying an additional 1,050 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in PGIM Global High Yield Fund by 0.5% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 232,899 shares of the company’s stock valued at $2,767,000 after buying an additional 1,221 shares in the last quarter. Park Avenue Securities LLC grew its stake in PGIM Global High Yield Fund by 20.1% in the 1st quarter. Park Avenue Securities LLC now owns 18,504 shares of the company’s stock valued at $221,000 after buying an additional 3,097 shares in the last quarter. Finally, Stolper Co grew its stake in PGIM Global High Yield Fund by 15.0% in the 1st quarter. Stolper Co now owns 41,186 shares of the company’s stock valued at $493,000 after buying an additional 5,387 shares in the last quarter.

PGIM Global High Yield Fund Trading Down 0.1 %

PGIM Global High Yield Fund stock opened at $12.78 on Friday. PGIM Global High Yield Fund, Inc has a 1-year low of $10.24 and a 1-year high of $12.94. The firm has a 50 day simple moving average of $12.60 and a 200 day simple moving average of $12.11.

PGIM Global High Yield Fund Announces Dividend

The firm also recently disclosed 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 of this dividend was Thursday, September 12th. This represents a yield of 10.08%.

Insider Activity at PGIM Global High Yield Fund

In other news, Director Barry H. Evans sold 3,747 shares of the business’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $12.47, for a total transaction of $46,725.09. Following the completion of the transaction, the director now directly owns 83,938 shares in the company, valued at $1,046,706.86. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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.