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AUSTIN, Texas, Oct. 22, 2026 (GLOBE NEWSWIRE) -- The Del Valle ISD Education Foundation has been named the winner of the F1® Allwyn Global Community Award at the 2026 FORMULA 1® MSC CRUISES UNITED STATES GRAND PRIX in Austin, Texas. The non-profit, which works to enhance educational opportunities and empower students in the Del Valle community in Texas, has been awarded €100,000 from Allwyn, the lottery-led entertainment company.
PGIM High Yield Bond Fund is now trading at a -10% discount to NAV, near the bottom of its historic range. ISD's -20% YTD decline, driven by rate hikes and widening discounts, presents an attractive entry point with a 10.7% monthly distribution rate. The fund maintains a conservative 20% leverage ratio and is overweight BB-rated bonds, limiting excessive credit risk.
The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 10% plus yield and nearly a 6% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, PGIM Global High Yield Fund, and PGIM Short Duration High Yield Opportunities Fund declared today monthly distributions.
PGIM High Yield Bond Fund offers a 9.87% yield by investing primarily in junk bonds and loans to lower-credit companies. ISD's share price has underperformed both its net asset value and the high-yield index, reflecting a swing from premium to discount valuation. Distribution coverage is marginal, with recent periods showing distributions slightly exceeding income and gains; sustainability is a concern.
The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 9.8% plus yield and nearly 7.5% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for June, July and August 2026.
NEWARK, N.J.--(BUSINESS WIRE)--May monthly distribution payable date of release issued February 27, 2026, should read: 5/29/2026 (instead of 5/31/2026). The updated release reads: PGIM CLOSED-END FUNDS DECLARE DISTRIBUTIONS FOR MARCH, APRIL AND MAY 2026 PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for March, April and May 2026. The distribution am.