PGIM High Yield Bond Fund, Inc.:ISD

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    Overview

    As of 12/20/2024. NAV as of 12/19/2024.

     Share
    Price
    NAVPremium/
    Discount
    Current$13.73$13.88-3.24%
    52 Wk Avg$13.18$13.93-5.42%
    52 Wk High$14.43$14.390.77%
    52 Wk Low$12.21$13.48-11.56%
    Regular Distribution TypeIncome Only
    Distribution Rate9.18%
    Distribution Amount$0.1050
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s investment objective is to provide a high level of current income.Under normal market conditions, the Fund will invest at least 80% of its investable assets in a diversified portfolio of high yield fixed income instruments that are rated below investment grade with varying maturities and other investments (including derivatives) with similar economic characteristics. The Fund may not invest in municipal debt obligations, and mortgage-backed securities (including securities issued by the U.S. government and agencies as well as privately)

    Capital Structure

    As of 12/20/2024

    Total Investment Exposure:$581.603M
    Total Common Assets:$461.603M
    Common Shares Outstanding:33,256,724
    Leverage

    As of 12/20/2024

    Preferred Share Assets:
    Total Debt (USD): $120.000M
    Regulatory Leverage (USD): $120.000M
    Effective Leverage (USD): $120.000M
    Effective Leverage (%): 20.63%
    Annual Expense Ratios

    As of 7/31/2024

      Per Common Share
    Management Fees1.02%
    Other Expenses:0.08%
    Baseline Expense: N/A
    Interest Expense:1.70%
    Total: 2.80%
    Fund Management

    Fund Sponsor
    PGIM Investments

    Portfolio Managers
    Brian Clapp, Robert Spano, Ryan Kelly, Michael Gormally, Brian Lalli, Robert Cignarella

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: ISD
    NAV Ticker: XISDX
    Average Daily Volume (shares): 126,188
    Average Daily Volume (USD): $1.663M
    Inception Date: 4/26/2012
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: July 31
    Third Party Links & Reports

    Distributions

    As of 12/20/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 7/31/2024
    $0.3581
    Annualized Distribution Rate on NAV:
    As of 12/20/2024
    9.08%
    Total Return on NAV (12 months):
    As of 12/20/2024
    15.08%
    Avg. Portfolio Coupon:
    As of 12/20/2024
    6.48%
    Total % Portfolio Effectively Leveraged:
    As of 12/20/2024
    20.63%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/20/2024

    PeriodAvg Discount
    6 Month-2.77%
    1 Year-5.42%
    3 Year-8.37%
    5 Year-8.76%
    Z-Score

    As of 12/20/2024

    PeriodZStat
    3 Month0.53
    6 Month1.02
    1 Year1.44
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD22.72%9.69%16.64%9.08%
    202315.02%13.44%15.92%11.97%
    2022-18.35%-13.21%-15.67%-10.18%
    202115.72%9.37%18.38%9.49%
    20206.81%7.03%1.13%3.11%
    201928.40%17.47%21.79%13.91%
    2018-5.03%0.45%-5.54%-2.01%
    20172.89%5.27%9.77%9.23%
    201615.21%10.15%19.94%16.22%
    2015-4.04%1.00%-4.93%-4.43%
    20145.25%1.72%2.04%2.36%
    20130.33%7.08%2.61%9.80%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/19/2024
    6.48%
    Number of Holdings:
    As of 11/30/2024
    736
    Annual Portfolio Turnover:
    As of 7/31/2024
    36.00%
    Average Bond Price:
    As of 11/30/2024
    $97.22
    Asset Allocation

    As of 11/30/2024

    Top Sectors

    As of 11/30/2024

    Sector%Portfolio
    Corporate (Super Sector)87.33%
    Corporate Bond80.76%
    Asset Backed6.74%
    Securitized (Super Sector)6.74%
    Bank Loan5.43%
    Cash Equivalents (Super Sector)2.31%
    Cash Equivalents2.31%
    Preferred Stock1.14%
    Government (Super Sector)0.72%
    Derivative (Super Sector)0.63%
    Top Holdings

    As of 11/30/2024

    HoldingValue% Portfolio
    PGIM AAA CLO ETF$15.57M2.62%
    United Rentals (North America), Inc. 4.875%$5.63M0.95%
    Vistra Operations Co LLC 5.625%$5.25M0.88%
    Ticp Clo Vii Ltd / Ticp Clo Vii FRN 5.9473%$4.76M0.80%
    Calpine Corporation 5.125%$4.76M0.80%
    Tenet Healthcare Corporation 4.375%$4.64M0.78%
    Medline Borrower LP 3.875%$4.43M0.75%
    DISH DBS Corporation 7.75%$4.30M0.72%
    Carnival Corporation 5.75%$4.29M0.72%
    Jamestown Clo Xii Ltd 5.8174%$4.15M0.70%
    Credit Quality

    As of 11/30/2024

    Maturity Breakdown

    As of 11/30/2024

    Country Allocation

    As of 11/30/2024

    Country% Portfolio
    United States - Fixed Income72.66%
    Others - Fixed Income5.65%
    Canada - Fixed Income5.32%
    United Kingdom - Fixed Income1.13%
    France - Fixed Income1.03%
    United States - Equity0.58%
    Italy - Fixed Income0.33%
    Others - Equity0.31%
    Australia - Fixed Income0.23%
    Netherlands - Fixed Income0.21%
    Finland - Fixed Income0.19%
    Ireland - Fixed Income0.18%
    Switzerland - Fixed Income0.13%
    United Kingdom - Equity0.10%
    Germany - Fixed Income0.10%
    India - Fixed Income0.04%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

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

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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