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Prudential Short Duration High Yield Fund

13.36
+0.0000
Volume:5.49K
Turnover:73.40K
Market Cap:444.31M
PE:21.90
High:13.36
Open:13.36
Low:13.36
Close:13.36
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Company Profile

Company Name:
Prudential Short Duration High Yield Fund
Exchange:
NYSE
Establishment Date:
2012
Employees:
- -
Office Location:
655 Broad Street,17th Floor,Newark,New Jersey,United States
Zip Code:
07102
Fax:
- -
Introduction:
PGIM High Yield Bond Fund, Inc. is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody's Investors Service, Inc. or BB+ or lower by Standard & Poor's Ratings Services). It seeks to invest in securities across all maturities, while attempting to maintain a weighted average portfolio duration of three years or less. The fund employs fundamental analysis to make its investments. It does not invest in municipal debt obligations, asset backed securities, or mortgage backed securities. PGIM High Yield Bond Fund, Inc. was formed on April 30, 2012 and is domiciled in the United States.