# PGIM Global High Yield Fund, Inc. (GHY): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ghy for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: PGIM · Asset class: Bond - Strategy: Actively Managed · Inception: 2012-12-24 PGIM Global Short Duration High Yield Fund, Inc. is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody's Investors Service, Inc. or BB+ or lower by Standard & Poor's Ratings Services. It seeks to maintain a weighted average maturity of five years or less. PGIM Global Short Duration High Yield Fund, Inc. was formed on December 26, 2012 an... ## Key Facts | Metric | Value | |---|---| | Price | $10.80 | | Expense Ratio | 2.50% | | Market Value | $442.4M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 11.67% | | Annual Distribution (TTM) | $1.26 /share | | Distribution Frequency | Monthly | | 52-Week Range | $10.57 – $12.96 | | Beta | 0.61 | ## Latest Distribution - Amount: $0.1050 /share - Ex-date: 2026-11-12 - Pay date: 2026-11-30 ## Frequently Asked Questions ### What does GHY invest in? PGIM Global Short Duration High Yield Fund, Inc. is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody's Investors Service, Inc. or BB+ or lower by Standard & Poor's Ratings Services. It seeks to maintain a weighted average maturity of five years or less. PGIM Global Short Duration High Yield Fund, Inc. was formed on December 26, 2012 and is domiciled in the United States. ### What is the expense ratio of GHY? PGIM Global High Yield Fund, Inc. (GHY) charges an expense ratio of 2.50%. This is the annual fee deducted from fund assets to cover management and operations. ### What is GHY's dividend yield? GHY's trailing-twelve-month yield is 11.67%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of GHY? Effective duration measures GHY's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GHY's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of GHY? GHY's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of GHY? Yield to maturity (YTM) is the total return you'd earn from GHY if every bond in the portfolio is held to maturity at the current price. GHY's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does GHY pay a dividend? Yes, PGIM Global High Yield Fund, Inc. (GHY) distributes dividends to shareholders. The trailing-twelve-month yield is 11.67%. Full dividend history is on this page. ### How often does GHY pay dividends? PGIM Global High Yield Fund, Inc. pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is GHY's next ex-dividend date? The most recently announced ex-dividend date for GHY was 2026-11-12. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will GHY's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GHY charge its expense ratio? The expense ratio is deducted in tiny daily slices from GHY's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GHY cost more than a fund like VOO? GHY is actively managed (current expense ratio 2.50%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether GHY's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to GHY? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as GHY (2.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ghy - Distribution history: https://www.dividenddata.com/funds/ghy/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ghy/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ghy/expenses - Peer comparison: https://www.dividenddata.com/funds/ghy/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.