PGIM Global High Yield Fund

PGIM Global High Yield Fund, Inc. is a closed-end fund designed to deliver a high level of current income by primarily investing in high yield, below investment-grade fixed income instruments issued by companies and governments worldwide, including entities in emerging markets. The fund maintains a globally diversified portfolio, with at least 80% of its assets allocated to high yield bonds and similar investments under normal market conditions. It is actively managed by a team of seasoned professionals from PGIM Investments and seeks to capture opportunities across various sectors and regions by holding securities with a range of maturities. In addition to traditional bonds, the fund may utilize derivatives to achieve its investment objectives or enhance risk management. As a closed-end fund, it offers investors an avenue to access global high yield markets and is positioned to serve those seeking income from a diversified set of international credit exposures. With several hundred holdings, this fund plays a meaningful role in the high yield segment of the global fixed income market, providing access to both developed and emerging market issuers.