PGIM High Yield Bond Fund: A Closed-End Fund for High-Income Investors

The PGIM High Yield Bond Fund (ISD) is a closed-end fund that invests in junk bonds and similar assets to provide high income to investors. The fund aims to generate high income by investing in low-rated corporate bonds. It is a decent option for junk bond exposure, but the price needs to improve for it to be considered a worthwhile investment.

The PGIM High Yield Bond Fund (ISD) is a closed-end fund that invests in junk bonds and similar assets to provide high income to investors. The fund aims to generate high income by investing in low-rated corporate bonds. It is a decent option for junk bond exposure, but the price needs to improve for it to be considered a worthwhile investment.

The fund has demonstrated strong performance, with a 1-year return of 18.46% and a 5-year return of 77.05% as of June 6, 2025 [1]. However, the current price of the fund is not favorable, and it may take time for the price to improve. The fund's net expense ratio of 1.10% is competitive, but the high income generated from junk bonds comes with increased risk.

For investors seeking high income through junk bonds, the PGIM High Yield Bond Fund (ISD) offers a viable option. However, it is essential to consider the risks associated with junk bonds and the current price of the fund before making an investment decision.

References:
1. [1] https://newsilver.com/?p=41923&post_type=post