ISD

PGIM High Yield Bond Fund is a closed-end investment fund that seeks to provide high current income by investing primarily in high-yield, below-investment-grade corporate bonds. Managed by PGIM Fixed Income, the fund's portfolio consists of bonds rated below BBB- by major credit rating agencies, commonly known as "junk bonds." The fund uses leverage to potentially enhance returns, which also increases risk. It provides monthly distributions to shareholders and trades on the stock exchange like a stock. The fund offers investors exposure to a professionally managed, diversified portfolio of high-yield debt securities.