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PGIM High Yield Bond Fund, Inc. (NYSE: ISD) announced its unaudited investment results for the quarter ending February 28, 2021. The Fund reported net assets of $566,650,138, up from $547,229,968 as of November 30, 2020. Notably, the net investment income stood at $9,166,332 with a significant net realized and unrealized gain of $20,729,706. The net asset value (NAV) per share increased to $17.04, while the market price per share was $15.43, presenting a discount to NAV of (9.5%).
PGIM High Yield Bond Fund (NYSE: ISD) reported its unaudited investment results for the quarter ended Nov. 30, 2020. The Fund's net assets totaled $547.23 million, a slight increase from $534.97 million in the previous quarter. The net asset value per share rose to $16.45 from $16.09. However, the Fund experienced a discount to NAV of -10.3%. For the quarter, net investment income was $9.19 million, leading to earnings of $0.69 per share. The Fund continues to maintain a stable loan amount of $180 million, with overdistributed net investment income at $2.76 million.