PGIM Global High Yield Fund, Inc (NYSE:GHY) Stock Holdings Lifted by Rareview Capital LLC

Rareview Capital LLC lifted its stake in shares of PGIM Global High Yield Fund, Inc (NYSE:GHY) by 7.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 62,114 shares of the company’s stock after acquiring an additional 4,489 shares during the period. Rareview Capital LLC’s holdings in PGIM Global High Yield Fund were worth $794,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Advisors Asset Management Inc. boosted its stake in shares of PGIM Global High Yield Fund by 2.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 800,239 shares of the company’s stock worth $10,227,000 after acquiring an additional 20,555 shares in the last quarter. Penserra Capital Management LLC bought a new stake in shares of PGIM Global High Yield Fund during the 3rd quarter worth about $4,889,000. Avestar Capital LLC boosted its stake in shares of PGIM Global High Yield Fund by 8.5% during the 4th quarter. Avestar Capital LLC now owns 124,700 shares of the company’s stock worth $1,536,000 after acquiring an additional 9,760 shares in the last quarter. Principal Securities Inc. boosted its stake in PGIM Global High Yield Fund by 5.4% during the 4th quarter. Principal Securities Inc. now owns 110,732 shares of the company’s stock valued at $1,364,000 after purchasing an additional 5,656 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in PGIM Global High Yield Fund during the 4th quarter valued at approximately $1,094,000.

PGIM Global High Yield Fund Stock Performance

Shares of NYSE:GHY opened at $12.97 on Friday. The business has a 50 day moving average price of $13.10 and a 200 day moving average price of $12.81. PGIM Global High Yield Fund, Inc has a twelve month low of $11.11 and a twelve month high of $13.54.

PGIM Global High Yield Fund Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.105 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a yield of 9.71%.

About PGIM Global High Yield Fund

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.