PGIM Global High Yield Fund, Inc (NYSE:GHY - Get Free Report) Director Brian Reid sold 4,706 shares of the business's stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $12.56, for a total value of $59,107.36. Following the completion of the sale, the director owned 11,130 shares of the company's stock, valued at approximately $139,792.80. This trade represents a 29.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
PGIM Global High Yield Fund Stock Performance
PGIM Global High Yield Fund stock opened at $12.56 on Tuesday. The stock's fifty day moving average price is $12.86 and its two-hundred day moving average price is $13.04. PGIM Global High Yield Fund, Inc has a one year low of $11.31 and a one year high of $13.74.
PGIM Global High Yield Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Thursday, November 13th will be given a $0.105 dividend. The ex-dividend date is Thursday, November 13th. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%.
Institutional Investors Weigh In On PGIM Global High Yield Fund
Several institutional investors and hedge funds have recently bought and sold shares of GHY. Atria Wealth Solutions Inc. lifted its holdings in shares of PGIM Global High Yield Fund by 46.7% during the 1st quarter. Atria Wealth Solutions Inc. now owns 32,762 shares of the company's stock worth $440,000 after acquiring an additional 10,426 shares during the period. Activest Wealth Management raised its position in PGIM Global High Yield Fund by 108.8% during the first quarter. Activest Wealth Management now owns 43,761 shares of the company's stock valued at $587,000 after purchasing an additional 22,800 shares in the last quarter. LPL Financial LLC lifted its stake in PGIM Global High Yield Fund by 10.6% during the first quarter. LPL Financial LLC now owns 394,569 shares of the company's stock worth $5,295,000 after purchasing an additional 37,922 shares during the last quarter. Evanson Asset Management LLC acquired a new stake in shares of PGIM Global High Yield Fund in the 2nd quarter valued at $241,000. Finally, CWM LLC boosted its holdings in shares of PGIM Global High Yield Fund by 36.7% in the 1st quarter. CWM LLC now owns 4,545 shares of the company's stock valued at $61,000 after purchasing an additional 1,219 shares in the last quarter.
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.
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