PGIM Global High Yield Fund, Inc. Declares Distributions for the Month June, July and August 2020, Payable on June 30, 2020, July 31, 2020, August 31, 2020 Respectively
May 28, 2020 at 04:10 pm EDT
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PGIM Global High Yield Fund Inc. announced distribution of $0.105 per share for the months June, July and August 2020, payable on June 30, 2020, July 31, 2020, August 31, 2020 respectively with record dates of June 11, 2020, July 16, 2020, August 13, 2020 and ex-dates of June 12, 2020, July 17, 2020, August 14, 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 Distributions for the Month June, July and August 2020, Payable on June 30, 2020, July 31, 2020, August 31, 2020 Respectively