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PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Total Payout Yield % : 10.77 (As of May. 17, 2024)


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What is PGIM Global High Yield Fund, Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

PGIM Global High Yield Fund,'s current Total Payout Yield % is 10.77%.


PGIM Global High Yield Fund, Total Payout Yield % Historical Data

The historical data trend for PGIM Global High Yield Fund,'s Total Payout Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PGIM Global High Yield Fund, Total Payout Yield % Chart

PGIM Global High Yield Fund, Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Payout Yield %
Get a 7-Day Free Trial 7.42 9.52 8.08 10.52 11.07

PGIM Global High Yield Fund, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Total Payout Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.74 10.52 10.63 11.07 11.06

Competitive Comparison of PGIM Global High Yield Fund,'s Total Payout Yield %

For the Asset Management subindustry, PGIM Global High Yield Fund,'s Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PGIM Global High Yield Fund,'s Total Payout Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PGIM Global High Yield Fund,'s Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where PGIM Global High Yield Fund,'s Total Payout Yield % falls into.



PGIM Global High Yield Fund, Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

PGIM Global High Yield Fund,'s Total Payout Yield % for the fiscal year that ended in Jul. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (0 + 0 + -51.564) / 465.713982
=11.07%

PGIM Global High Yield Fund,'s annualized Total Payout Yield % for the quarter that ended in Jan. 2024 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (0 + 0 + -25.782) * 2 / 466.123221
=11.06%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PGIM Global High Yield Fund, Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


PGIM Global High Yield Fund, Total Payout Yield % Related Terms

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PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Business Description

Traded in Other Exchanges
N/A
Address
655 Broad Street, 6th Floor, Newark, NJ, USA, 07102
PGIM Global High Yield Fund, Inc is a diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income. The fund seeks to provide a high level of current income by investing in higher-rated, below-investment-grade fixed income instruments of issuers located around the world, including emerging markets.
Executives
Robert Cignarella other: Portfolio Manager 100 MULBERRY STREET, NEWARK NJ 07102
Barry H Evans director C/O PGIM INVESTMENTS, 655 BROAD STREET, NEWARK NJ 07102
Andrew Donohue officer: Chief Compliance Officer 655 BROAD STREET, NEWARK NJ 07102
Brian J Lalli other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Robert Mccormack officer: Assistant Treasurer 655 BROAD ST., NEWARK NJ 07102
Michael Lillard other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Isabelle Sajous officer: Chief Compliance Officer 655 BROAD ST., NEWARK NJ 07102
Michael Joseph Gormally other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Gregory J Peters other: Co-Chief Investment Officer 655 BROAD STREET, NEWARK NJ 07102
Craig C Dewling other: Co-Chief Investment Officer 655 BROAD STREET, NEWARK NJ 07102
Brian Reid director C/O PGIM INVESTMENTS LLC, 655 BROAD STREET, NEWARK NJ 07102
Debra Rubano officer: Assistant Secretary 655 BROAD STREET, PRUDENTIAL TOWER SOUTH, NEWARK NJ 07102
Patrick Mcguinness officer: Assistant Secretary 655 BROAD STREET, PRUDENTIAL TOWER SOUTH, 17TH FLOOR, NEWARK NJ 07102
Melissa Gonzalez officer: Assistant Secretary 655 BROAD STREET, NEWARK NJ 07102
Russ Shupak officer: Assistant Treasurer 655 BROAD STREET, NEWARK NJ 07102

PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Headlines