Tag: bond-focused closed-end fund
The Fed Cuts, You Gain: An 8.4% Dividend That Grows As Rates Fall
The PGIM High Yield Bond Fund (ISD) trades at a huge discount that’s going to disappear soon. Before I explain why, let me tell you something else about this fund: it boasts a huge 8.4% dividend yield. In other words, you’d get $700 per month—or $8,400 a year—in income on every $100,000 invested. And you should consider […]
