GHY: One Of The Best Global Bond Funds, But Not Much Local Currency EM Exposure
The PGIM Global High Yield Fund (GHY) is recognized for its strong yield and global diversification in high-yield bonds. However, it has limited exposure to local currency emerging markets. Investors may find its sustainable payouts and current NAV discount appealing.
- ▪GHY yields 10.59% with a 7.63% NAV discount.
- ▪The fund offers global high-yield diversification.
- ▪It has limited exposure to local currency emerging markets.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://seekingalpha.com/"},{"@type":"ListItem","position":2,"name":"ETFs and Funds Analysis","item":"https://seekingalpha.com/etfs-and-funds"},{"@type":"ListItem","position":3,"name":"Closed End Funds Analysis","item":"https://seekingalpha.com/etfs-and-funds/closed-end-funds"}]}{"@context":"https://schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://seekingalpha.com/article/4906651-ghy-one-of-best-global-bond-funds-but-not-much-local-currency-em-exposure"},"author":{"@type":"Person","name":"Power…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Seeking Alpha.
Discussion
0 commentsMore from Seeking Alpha
