(GHY) PGIM Global High Yield Fund - Ratings and Ratios

The PGIM Global High Yield Fund Inc (NYSE:GHY) is a high-yield bond fund listed on the NYSE, originating from the USA. As a high-yield bond fund, it invests in a diversified portfolio of high-yield bonds, typically issued by companies with lower credit ratings, offering higher yields to compensate for the increased credit risk.

To evaluate the funds performance, we can look at key performance indicators (KPIs) such as the yield to maturity, duration, and credit quality. A high-yield bond fund like GHY typically has a yield to maturity significantly higher than that of investment-grade bond funds. The funds duration, which measures its sensitivity to interest rate changes, is also an important metric. Additionally, the credit quality of the funds holdings, often measured by the average credit rating, is crucial in assessing the funds risk profile.

With an AUM of $523.83M, GHY has a moderate asset base. To further analyze the fund, we can examine its expense ratio, which affects its net returns, and its dividend distribution history, which can indicate its ability to generate consistent income for shareholders. Other relevant KPIs include the funds Sharpe ratio, which measures risk-adjusted returns, and its beta relative to a benchmark, such as the ICE BofA US High Yield Index.

By examining these KPIs and understanding the funds investment strategy, we can gain a more comprehensive understanding of GHYs potential for returns and its associated risks, allowing for a more informed investment decision.