PGIM Global Short Duration High Yield Fund, Inc. is a closed-end fixed income mutual fund that invests in high yield fixed income instruments globally. Its primary customers are investors seeking exposure to high yield bonds with a focus on shorter maturities, specifically those rated Ba1 or lower by Moody's or BB+ or lower by S&P. Revenue is generated through management fees charged to investors, which typically range from 0.5% to 1.5% of assets under management. Factors supporting the fund's endurance include the ongoing demand for yield in low interest rate environments, while potential limitations include market volatility and credit risk associated with high yield bonds.
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PGIM Global Short Duration High Yield Fund, Inc. is a closed-end fixed income mutual fund that invests in high yield fixed income instruments globally. Its primary customers are investors seeking exposure to high yield bonds with a focus on shorter maturities, specifically those rated Ba1 or lower by Moody's or BB+ or lower by S&P. Revenue is generated through management fees charged to investors, which typically range from 0.5% to 1.5% of assets under management. Factors supporting the fund's endurance include the ongoing demand for yield in low interest rate environments, while potential limitations include market volatility and credit risk associated with high yield bonds.
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Daily adjusted close
PGIM Global Short Duration High Yield Fund, Inc. is a closed-end fixed income mutual fund that invests in high yield fixed income instruments globally. Its primary customers are investors seeking exposure to high yield bonds with a focus on shorter maturities, specifically those rated Ba1 or lower by Moody's or BB+ or lower by S&P. Revenue is generated through management fees charged to investors, which typically range from 0.5% to 1.5% of assets under management. Factors supporting the fund's endurance include the ongoing demand for yield in low interest rate environments, while potential limitations include market volatility and credit risk associated with high yield bonds.