Pgim Global High Yield Fund, Inc.
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A closed-end investment fund that pools money to buy a globally diversified portfolio of high-yield corporate bonds—the riskier, higher-paying debt issued by companies. It is managed by PGIM, the investment arm of Prudential Financial, whose name comes from "Prudential Investment Management." The fund trades on the New York Stock Exchange under the ticker PGHY, letting everyday investors buy a slice of a worldwide bond portfolio like a single stock.
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