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PGIM High Yield Bond Fund (ISD)

Taxable Bond Funds - High Yield Bond Funds

Data as of March 24, 2023
Market Price $11.67 ( $0.00)
NAV (March 24, 2023) $13.43 (- $0.03)
Fund Listed NYSE
Premium / Discount -13.10% (+0.19%)
Fund Info
Inception April 26, 2012
Sponsor Prudential Investment Management
Website https://www.pgim.com/i...
Phone (800) 225-1852
Location New Jersey
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Objective: High current income; higher-rated, below investment-grade fixed income instruments
Related Indexes
15 Major CEF Sectors Index
High Yield Bond Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
US Bond Index
Capital & Leverage
Outstanding Shares 33,256,724
Total Assets (Reported: July 31, 2022) $607M
Estimated Total Assets $567M
Net Assets $447M
Market Cap $388M
Portfolio Turnover 35.00%
Total Leverage 21.26%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.48%
Non Lev Exp Ratio 1.13%
Rel Lev Cost 1.30%
Discount Data
Average Discount (3 Yr) -9.40%
Discount Low(3 Yr) -17.35%
Discount High(3 Yr) -3.39%
Discount Rel Range (3 Yr) 30.41%
Comp Discount -2.81
Discount St Dev (1Yr) 1.85
Z-Stat (6mo) -1.23
Z-Stat (1Yr) -1.59
Z-Stat (3Yr) -1.23
Comp Z-Stat (6mo) -0.38
Comp Z-Stat (3Yr) -0.35
Distribution Data
Market Yield 10.80%
Income Yield 10.80%
Lev Adj NAV Yield 7.74%
Distribution Frequency M
Current Distribution $0.105
Current Income $0.105
Ex-Date 4/13/23
Payable Date 4/28/23
Div Growth (3yr) 0.00%
Dividend Change 5.0% on 8/26/19
Expected Div 5/31/23
RoC (1yr) 15.28%
RoC (3yr) 13.48%
Volume & Liquidity
Average Daily $ (K) $1,346
Avg Volume 30 day 109,110
Avg Volume 90 day 115,339
Volume Trend -5.40%
Comp Volume Trend -3.96%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Bond Index
Most Correlated Peer (Mk Pr): EAD 94.0%
NAV - Price Correlation (30 d) 95.0%
NAV - Price Correlation (90 d) 91.9%
NAV - Price Correlation (1 Yr) 95.6%
Price St Dev (1Yr) 18.5%
NAV St Dev (1Yr) 10.0%
Earnings / Share (2/28/23) $0.091
Earn Coverage 86.57%
Earnings Trend Up
UNII / Share (2/28/23) $-0.105
Rel UNII -8.33
UNII Trend Down
Bond Specific Data
Maturity 5.30
Duration 4.50
Credit Rating (rbo) BB
Investment Grade 16.60%
Non Investment Grade 81.20%
Unrated Bonds 2.20%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Bond Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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