Thrivent Financial for Lutherans Has $2.67 Million Stake in PGIM Global High Yield Fund, Inc (NYSE:GHY)

Thrivent Financial for Lutherans reduced its stake in PGIM Global High Yield Fund, Inc (NYSE:GHY) by 16.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 209,036 shares of the company’s stock after selling 41,000 shares during the period. Thrivent Financial for Lutherans’ holdings in PGIM Global High Yield Fund were worth $2,671,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in GHY. Northwestern Mutual Wealth Management Co. raised its holdings in PGIM Global High Yield Fund by 4.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 23,030 shares of the company’s stock valued at $274,000 after acquiring an additional 1,050 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in PGIM Global High Yield Fund by 0.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 232,899 shares of the company’s stock worth $2,767,000 after purchasing an additional 1,221 shares during the period. SeaCrest Wealth Management LLC lifted its position in PGIM Global High Yield Fund by 5.2% during the third quarter. SeaCrest Wealth Management LLC now owns 25,078 shares of the company’s stock worth $320,000 after purchasing an additional 1,246 shares during the period. Future Financial Wealth Managment LLC acquired a new stake in PGIM Global High Yield Fund during the third quarter worth about $36,000. Finally, Advisor Resource Council bought a new position in PGIM Global High Yield Fund in the 3rd quarter valued at about $136,000.

PGIM Global High Yield Fund Stock Down 2.2 %

Shares of PGIM Global High Yield Fund stock opened at $12.56 on Wednesday. The company has a 50 day moving average of $12.68 and a 200-day moving average of $12.35. PGIM Global High Yield Fund, Inc has a 1-year low of $10.86 and a 1-year high of $13.11.

PGIM Global High Yield Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a dividend of $0.105 per share. This represents a yield of 10.08%. The ex-dividend date was Thursday, September 12th.

PGIM Global High Yield Fund Company Profile

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.