Closed-end funds that invest in high-yield bonds

19 of the 361 U.S. closed-end funds we cover invest in high-yield bonds.

They are run by 14 firms; the largest are Western Asset (4), PGIM (3) and AllianceBernstein (1).

None of the investors we follow is pushing for changes at any of them right now.

Yearly costs run from 0.9% to 3.9%.

19 funds

Sort by: name · yearly cost · borrowing · size

Details: the same funds as a table
Yearly cost, borrowing and size of each fund, from its latest reports to the regulator
FundYearly costBorrowingSize
AWF - AllianceBernstein Global High Income Fund 1% 4% $979 million
ERH - Allspring Utilities & High Income Fund 2.4% 21% $114 million
BGH - Barings Global Short Duration High Yield Fund 3.9% 31% $300 million
HYT - BlackRock Corporate High Yield Fund 2.3% 29% $1.8 billion
DHF - BNY Mellon High Yield Strategies Fund 3.3% 29% $197 million
DHY - Credit Suisse High Yield Credit Fund 3.6% 31% $211 million
FTHY - First Trust High Yield Opportunities 2027 Term Fund 3.5% 22% $523 million
PCF - High Income Securities Fund 1.7% none $122 million
VLT - Invesco High Income Trust II 3.5% 31% $71 million
NHS - Neuberger High Yield Strategies Fund 3.4% 33% $285 million
JGH - Nuveen Global High Income Fund 3.4% 27% $386 million
GHY - PGIM Global High Yield Fund 2.5% 18% $532 million
ISD - PGIM High Yield Bond Fund 2.2% 2% $462 million
SDHY - PGIM Short Duration High Yield Opportunities Fund 2.5% none $431 million
PHK - PIMCO High Income Fund 1.8% 31% $848 million
EHI - Western Asset Global High Income Fund 3.5% 33% $198 million
HIX - Western Asset High Income Fund II 3.8% 33% $377 million
HIO - Western Asset High Income Opportunity Fund 0.9% none $371 million
HYI - Western Asset High Yield Opportunity Fund 1.1% 2% $149 million

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