PGIM Global High Yield Fund : GHY Current Earnings
February 26, 2021 at 10:35 am EST
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PGIM, the principal investment management business of Prudential Financial, Inc.(PFI), is comprised of several business units, including PGIM investments. PGIM Investments, a subsidiary of PFI, is an investment adviser and the investment manager to all PGIM US open-end investment companies and manager or administrator to closed-end investment companies. Other PGIM businesses that may sub-advise certain PGIM Investments open and closed-end investment companies include: PREI, Jennison Associates, QMA LLC, PGIM Fixed Income. Securities are offered by Prudential Investment Management Services LLC (PIMS), a PFI company, member FINRAopens in a new window, SIPCopens in a new windowand affiliate of PGIM Investments. Any content relating to securities is the sole responsibility of PIMS, unless otherwise noted. Check the background of this firm on FINRA's BrokerCheckopens in a new window.
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PGIM Global High Yield Fund Inc. published this content on 26 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 February 2021 15:34:16 UTC.
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 
