(GHY) PGIM Global High Yield Fund - Overview
Fund: High-Yield Bonds, Corporate Debt, Fixed-Income Securities
Dividends
| Dividend Yield | 9.88% |
| Yield on Cost 5y | 15.23% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 93.3% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 8.97% |
| Relative Tail Risk | -0.63% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.22 |
| Alpha | -2.86 |
| Character TTM | |
|---|---|
| Beta | 0.454 |
| Beta Downside | 0.689 |
| Drawdowns 3y | |
|---|---|
| Max DD | 16.36% |
| CAGR/Max DD | 0.89 |
Description: GHY PGIM Global High Yield Fund December 27, 2025
PGIM Global High Yield Fund Inc (NYSE: GHY) is a U.S.-based high-yield bond fund that seeks to generate income and capital appreciation by investing primarily in below-investment-grade corporate debt.
Key performance indicators as of the latest quarter show a weighted-average spread of roughly 450 bps over Treasuries, a portfolio duration of 4.2 years, and an annualized return of 6.8 % since inception, reflecting the fund’s exposure to sectors such as energy, consumer discretionary, and financial services that tend to drive high-yield issuance. Macro-level drivers include the Federal Reserve’s policy stance-higher rates typically widen spreads-and the U.S. corporate earnings outlook, which influences default risk and recovery rates.
For a deeper dive into GHY’s risk-adjusted metrics and peer comparison, you might explore ValueRay’s analytics suite for real-time yield-curve and credit-risk dashboards.
What is the price of GHY shares?
Over the past week, the price has changed by +0.31%, over one month by +3.20%, over three months by +5.19% and over the past year by +6.41%.
Is GHY a buy, sell or hold?
What are the forecasts/targets for the GHY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 15.3 | 18.4% |
GHY Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 523.8m USD (523.8m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 523.8m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 523.8m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.59% (E(523.8m)/V(523.8m) * Re(7.59%) + (debt-free company))
Discount Rate = 7.59% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)