ISD - PGIM High Yield Bond Fund
A closed-end fund run by PGIM. Invests in high-yield bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
No - nobody has reported owning 5% or more of this fund.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.
Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.
What happened, and when
-
April 8, 2026
The fund sent holders a document about a possible reorganization; we could not read the details automatically.
Original document → -
March 13, 2025
The fund sent holders a document about a possible reorganization; we could not read the details automatically.
Original document →
About this fund
- Run by PGIM Investments LLC. As of July 31, 2025, from the fund's yearly report. Original document →
- Size: about $462 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 2% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 1% a year in management fees; 2.2% a year in total, including interest on borrowed money. Fiscal year ended July 31, 2025. As of July 31, 2025, from the fund's yearly report. Original document →
- Payouts: last fiscal year (ended July 31, 2025) the fund paid $1.26 a share. $0.87 of that was income; $0.39 was your own money back, not income. As of July 31, 2025, from the fund's annual report. Original document →
- Value of holdings per share at the last fiscal year end (July 31, 2025): $14.11. The shares traded at $14.34, about 1.6% above that. As of July 31, 2025, from the fund's yearly report. Original document →
- How the holdings did: down 5.6% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +7.5%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- How the share price did: the shares returned +16.6% over the last fiscal year (ended July 31, 2025), counting payouts and the change in the market price. As of July 31, 2025, from the fund's annual report. Original document →
- First reported to the regulator in 2011.
What the fund holds
Mostly bonds (87%), the rest loans, shares and cash and short-term holdings. About 87% issued in the U.S.
- Cash and short-term - 2.5%
- DIGICEL INTL FIN LTD Common Equity - 1.3%
- Dish DBS, Dish 7.75 07/01/26 - 1.2%
- Radiate Holdco LLC - 1%
- Derivatives - 0.9%
- Echostar, Sats 10.75 11/30/29 . - 0.7%
- Tenet Healthcare, Thc 4.375 01/15/30 - 0.7%
- 1261229 B.C., Bhccn 10 04/15/32 144A - 0.7%
- Carvana Company, Cvna 9 06/01/30 144A - 0.7%
- Vistra, Vst V7 Perp 144A - 0.6%
Show all 25
- FERRELLGAS ESCROW LLC 3/30/31 Equity preferred shares - 0.6%
- Carvana Company, Cvna 9 06/01/31 144A - 0.6%
- Discovery Global Holdings, Wbd 5.141 03/15/52 * - 0.6%
- Caesars Entertainment, Czr 4.625 10/15/29 144A - 0.6%
- PGIM ETF Trust, PGIM Aaa CLO ETF - 0.6%
- Davita, Dva 3.75 02/15/31 144A - 0.6%
- United States of America - Bureau of the Public Debt, T 3.5 03/15/29 - 0.6%
- Rocket Companies, Rkt 6.125 08/01/30 144A - 0.5%
- Level 3 Financing, Lvlt 8.5 01/15/36 144A - 0.5%
- 1011778 B.C. Ulc / New Red Finance, Bculc 4 10/15/30 144A - 0.5%
- Davita, Dva 4.625 06/01/30 144A - 0.5%
- Heritage Pwr LLC - 0.5%
- Frontier Communications Holdings LLC, Fybr 5 05/01/28 144A - 0.5%
- Tenet Healthcare, Thc 6.875 11/15/31 - 0.5%
- Doncasters US Finance LLC - 0.5%
As of April 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
No notices from large investors on file.
| Date | What | Deadline | Document |
|---|---|---|---|
| April 8, 2026 | Plan to fold the fund into another fund | June 17, 2026 | Original document → |
| March 13, 2025 | Plan to fold the fund into another fund | May 21, 2025 | Original document → |
- Run by
- PGIM Investments LLC
- Fund family
- PRUDENTIAL
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-22632
- Auditor
- PricewaterhouseCoopers LLP
- Fiscal year end
- July 31, 2025
- Number of holdings
- 802
- Preferred share classes
- none
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