RFG Advisory LLC Has $2.03 Million Stock Position in PGIM Global High Yield Fund, Inc (NYSE:GHY)

RFG Advisory LLC reduced its holdings in shares of PGIM Global High Yield Fund, Inc (NYSE:GHY) by 3.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 171,145 shares of the company’s stock after selling 5,323 shares during the quarter. RFG Advisory LLC’s holdings in PGIM Global High Yield Fund were worth $2,033,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Ironsides Asset Advisors LLC increased its stake in shares of PGIM Global High Yield Fund by 4.6% in the 1st quarter. Ironsides Asset Advisors LLC now owns 21,299 shares of the company’s stock worth $255,000 after purchasing an additional 939 shares in the last quarter. Raymond James & Associates grew its holdings in PGIM Global High Yield Fund by 1.8% in the fourth quarter. Raymond James & Associates now owns 70,996 shares of the company’s stock valued at $807,000 after purchasing an additional 1,234 shares during the period. Atria Wealth Solutions Inc. boosted its stake in shares of PGIM Global High Yield Fund by 6.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 21,637 shares of the company’s stock worth $247,000 after acquiring an additional 1,245 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new position in PGIM Global High Yield Fund during the first quarter worth approximately $33,000. Finally, Park Avenue Securities LLC raised its position in PGIM Global High Yield Fund by 20.1% in the first quarter. Park Avenue Securities LLC now owns 18,504 shares of the company’s stock valued at $221,000 after purchasing an additional 3,097 shares during the period.

PGIM Global High Yield Fund Trading Down 0.4 %

GHY traded down $0.05 on Monday, hitting $12.45. 162,521 shares of the company were exchanged, compared to its average volume of 166,481. The firm has a 50-day moving average price of $12.13 and a two-hundred day moving average price of $11.80. PGIM Global High Yield Fund, Inc has a twelve month low of $10.24 and a twelve month high of $12.55.

PGIM Global High Yield Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a $0.105 dividend. This represents a yield of 10.55%. The ex-dividend date of this dividend was Thursday, June 13th.

About PGIM Global High Yield Fund

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.