Barry H. Evans, a director at PGIM Global High Yield Fund, Inc. (NYSE:GHY), sold 41,885 shares of the company's common stock on December 9, according to a recent SEC filing. The fund, which currently has a market capitalization of $533 million, has demonstrated strong performance with a 24.33% return year-to-date. The shares were sold at an average price of $12.99, amounting to a total transaction value of approximately $544,086. Following the sale, Evans holds 42,053 shares in the fund. The transaction was executed by Andrew French, acting as Power of Attorney for Evans. The fund currently trades near its 52-week high of $13.11 and offers an attractive 9.73% dividend yield, having maintained dividend payments for 12 consecutive years. InvestingPro subscribers can access detailed dividend sustainability analysis and additional financial metrics.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.