Pgim High Yield Bond Fund, Inc Declares Monthly Cash Dividend, Payable on December 31, 2019, January 6, 2020 and February 28, 2020
November 26, 2019 at 04:10 pm EST
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PGIM High Yield Bond Fund Inc. declared monthly cash dividend of $0.105, payable on December 31, 2019, January 6, 2020 and February 28, 2020 to record date of December 13, 2019, December 27, 2020 and February 14, 2020 and ex-date of December 12, 2019, December 26, 2020 and February 13, 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.