PGIM High Yield Bond Fund Inc (ISD)

PGIM High Yield Bond Fund, Inc. (NYSE: ISD) is a closed-end investment fund listed on the New York Stock Exchange. Managed by Prudential Investments LLC and co-managed by Prudential Investment Management, Inc., the fund focuses on U.S. fixed income markets and seeks exposure to a diversified mix of high-yield debt instruments. Its portfolio is concentrated in below-investment-grade securities, with credit quality generally at Ba1 or lower from Moody’s or BB+ or lower from S&P. The fund aims to invest across different maturities while maintaining a weighted average portfolio duration of three years or less. It uses fundamental analysis in selecting investments and does not invest in municipal debt, asset-backed securities, or mortgage-backed securities. The fund was formed on April 30, 2012 and is domiciled in the United States.

Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.