PGIM Global High Yield Fund, Inc. Declares Monthly Distributions for March, April and May 2020, Payable on March 31, 2020, April 30, 2020 and May 29, 2020 Respectively
February 28, 2020 at 02:40 am IST
Share
PGIM Global High Yield Fund Inc. declared monthly distributions of $0.105 per unit for March, April and May 2020. The distribution will be payable on March 31, 2020, April 30, 2020 and May 29, 2020 respectively with record date as March 13, 2020, April 17, 2020 and May 15, 2020 respectively and ex-date as March 12, 2020, April 16, 2020 and May 29, 2020 respectively.
PGIM Global High Yield Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of current income. The Fund seeks to provide a high level of current income by investing primarily in below investment-grade fixed income instruments of issuers located around the world, including emerging markets. The Fund invests in high yield bonds, which are subject to greater credit and market risks, including greater risk of default; derivative securities, which may carry market, credit and liquidity risks; foreign securities, which are subject to currency fluctuation and political uncertainty, and emerging markets securities, which are subject to greater volatility and price declines. The Fund invests in various sectors, including cable and satellite, energy - upstream, retailers and restaurants, gaming and lodging and leisure, and consumer non-cyclical. The Fund's investment manager is PGIM Investments LLC.
PGIM Global High Yield Fund, Inc. Declares Monthly Distributions for March, April and May 2020, Payable on March 31, 2020, April 30, 2020 and May 29, 2020 Respectively