Atala Financial Inc Acquires New Holdings in PGIM Global High Yield Fund, Inc (NYSE:GHY)

Atala Financial Inc acquired a new stake in shares of PGIM Global High Yield Fund, Inc (NYSE:GHY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,680 shares of the company’s stock, valued at approximately $45,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. bought a new position in PGIM Global High Yield Fund in the fourth quarter worth approximately $124,000. Clay Northam Wealth Management LLC bought a new position in PGIM Global High Yield Fund in the fourth quarter worth approximately $131,000. Apollon Wealth Management LLC bought a new position in PGIM Global High Yield Fund in the fourth quarter worth approximately $168,000. Pine Valley Investments Ltd Liability Co bought a new position in PGIM Global High Yield Fund in the third quarter worth approximately $179,000. Finally, Activest Wealth Management raised its position in PGIM Global High Yield Fund by 23.3% in the third quarter. Activest Wealth Management now owns 20,961 shares of the company’s stock worth $268,000 after acquiring an additional 3,961 shares during the period.

PGIM Global High Yield Fund Trading Down 0.1 %

GHY opened at $12.97 on Friday. PGIM Global High Yield Fund, Inc has a 1-year low of $11.11 and a 1-year high of $13.54. The firm’s 50 day simple moving average is $13.10 and its two-hundred day simple moving average is $12.81.

PGIM Global High Yield Fund Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.105 dividend. The ex-dividend date is Thursday, March 13th. This represents a yield of 9.71%.

PGIM Global High Yield Fund 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.