GHY: This Global Income Fund Efficiently Preserves Capital

2026-02-25 15:11:00 ET

Overview

Market indices continue to trade sideways as capital shifts out of the technology sector. The rapid expansion of AI has created a lot of uncertainty in the market, and it can be stressful holding equities. PGIM Global High Yield Fund, Inc ( GHY ), offers investors a way to preserve capital in these uncertain times. When I previously covered GHY, I issued a hold rating due to the questionable dividend coverage at the time. Since my last coverage, GHY has released an updated annual report, which prompted me to revisit the fund's performance and outlook for the remainder of the year....

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