Tag: PGIM High Yield Bond Fund
The Fed Cuts, You Gain: An 8.4% Dividend That Grows As Rates Fall
![The Fed Cuts, You Gain: An 8.4% Dividend That Grows As Rates Fall The Fed Cuts, You Gain: An 8.4% Dividend That Grows As Rates Fall](http://etftradingresearch.com/wp-content/uploads/2014/01/financial-charts-150x150.gif)
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 […]