CoreCap Advisors LLC Acquires New Position in PGIM Global High Yield Fund, Inc (NYSE:GHY)

CoreCap Advisors LLC acquired a new stake in PGIM Global High Yield Fund, Inc (NYSE:GHY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 7,632 shares of the company’s stock, valued at approximately $94,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GHY. Atala Financial Inc acquired a new stake in shares of PGIM Global High Yield Fund in the fourth quarter valued at about $45,000. Oppenheimer & Co. Inc. acquired a new position in PGIM Global High Yield Fund during the fourth quarter worth about $124,000. Clay Northam Wealth Management LLC acquired a new position in PGIM Global High Yield Fund during the fourth quarter worth about $131,000. Aristides Capital LLC acquired a new position in PGIM Global High Yield Fund during the fourth quarter worth about $149,000. Finally, Jane Street Group LLC acquired a new position in PGIM Global High Yield Fund during the fourth quarter worth about $151,000.

PGIM Global High Yield Fund Stock Performance

Shares of GHY opened at $13.07 on Wednesday. The company has a 50-day moving average of $12.64 and a two-hundred day moving average of $12.78. PGIM Global High Yield Fund, Inc has a 12-month low of $11.31 and a 12-month high of $13.66.

PGIM Global High Yield Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a dividend of $0.105 per share. This represents a yield of 9.71%. The ex-dividend date was Thursday, March 13th.

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.