PGIM High Yield Bond 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 27, 2020 at 04:10 pm EST
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PGIM High Yield Bond 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 High Yield Bond Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is to provide a high level of current income. The Fund is focused on investing at least 80% of its investable assets in a diversified portfolio of high yield fixed income instruments that are rated below investment grade with varying maturities and other investments, including derivatives with similar economic characteristics. The Fund may invest up to 20% of its investable assets in United States currency denominated and/or foreign currency denominated fixed income instruments issued by foreign issuers. The Fund invests in various industries, which include telecommunications, oil and gas, affiliated mutual fund, commercial services, home builders, healthcare services, chemicals, entertainment, pipelines, electric, software, foods, real estate investment trusts (REITs), mining and computers. PGIM Investments LLC serves as the manager of the Fund.
PGIM High Yield Bond Fund, Inc. Declares Monthly Distributions for March, April and May 2020, Payable on March 31, 2020, April 30, 2020 and May 29, 2020 Respectively