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Pgim Global High Yield Fund, Inc. shares fall 2.08% intraday amid European real estate recovery concerns.
ByAinvest
Thursday, Jul 17, 2025 2:35 pm ET1min read
Pgim Global High Yield Fund, Inc. declined 2.08% in intraday trading. The drop in stock price may be attributed to the broader market sentiment, as European real estate recovery remains elusive, which could impact the fund's performance. Additionally, Brookfield Corporation, a significant player in the real estate sector, has been involved in several transactions, including the acquisition of Fundamental Income Properties, LLC and a $3 billion hydroelectric power deal with Google, which might have influenced the market's perception of the fund's prospects.
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