PGIM High Yield Bond Fund, Inc. (ISD) reported a 4.80% total return based on net asset value (NAV) and a -4.89% total return based on market price for the 12 months ended July 31, 2026; the Bloomberg US Corporate High Yield 1% Issuer Capped Index returned 5.19%. As of July 31, 2026, the market price was $13.50 per share and NAV was $12.44 per share.
ISD did not carry leverage during the reporting period. It held positions in a credit default swap index, total return swaps, interest rate futures and foreign exchange forwards to hedge credit risk and manage overall beta; those positions contributed to performance in aggregate. Fiscal-year distributions totaled $41,992,210, comprising $31,172,388 of ordinary income and $10,819,822 of tax return of capital, or 25.8% of total distributions; the report says this had no material impact on NAV. The current monthly dividend was $0.105 per share, and the distribution rate at market price was 10.13% as of July 31, 2026.
PGIM High Yield Bond Fund, Inc. filed an initial ownership report identifying Patricia Elizabeth Flynn as an officer of the fund, serving as Chief Compliance Officer. This Form 3 does not list any reportable transactions or holdings for her in the issuer’s securities.
PGIM High Yield Bond Fund, Inc. is holding its 2026 annual stockholder meeting on June 17, 2026 in Newark, New Jersey. Stockholders will vote on electing three Class II directors for terms running to the 2029 annual meeting and ratifying PricewaterhouseCoopers LLP as independent auditor for the fiscal year ending July 31, 2026.
The board, which has eight members including six independent directors, unanimously recommends voting FOR all three director nominees and FOR the auditor ratification. Only holders of the 33,344,037.475 shares outstanding as of March 26, 2026 may vote, by mail, phone, internet or in person.
PGIM High Yield Bond Fund, Inc. (ISD) reported an insider transaction. A director executed a sale of ISD common stock on 11/07/2025, disposing of 16,833 shares at $14.41 per share (Transaction Code: S). Following this trade, the reporting person beneficially owned 3,064.19 shares, held directly.
The filing was signed by Andrew French as Power of Attorney for Brian Reid.
First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation filed Amendment No. 7 to Schedule 13G for PGIM High Yield Bond Fund, Inc. (ISD), reporting beneficial ownership of 6,584,070 common shares, or 19.77%, as of the event date 09/30/2025.
The filing lists sole voting power: 0, shared voting power: 7,266, sole dispositive power: 0, and shared dispositive power: 6,584,070. The report is a joint filing, noting that unit investment trusts sponsored by First Trust Portfolios hold shares, with no individual trust holding more than 3% of any registered investment company issuer’s shares. The signatories certify the shares were acquired and are held in the ordinary course and not to change or influence control.
Amendment No. 6 to Schedule 13G reports that First Trust Portfolios L.P., First Trust Advisors L.P. and their parent The Charger Corporation jointly hold 6,072,505 common shares of PGIM High Yield Bond Fund, Inc. (CUSIP 69346H100), representing 18.25 % of the outstanding class as of 30 June 2025.
Voting & dispositive power: Sole voting and dispositive authority is 0; the filers share voting power over only 6,775 shares (c.0.02 %) and share dispositive power over the full 6.07 million shares. The units are housed in First Trust-sponsored unit investment trusts and other vehicles; trustees, not the filers, cast portfolio votes. Each entity disclaims beneficial ownership.
Regulatory basis: The filing is made under Rule 13d-1(b); the securities were acquired and are held in the ordinary course, with no intent to change or influence control. Certifications were signed on 28 July 2025 by CFO James M. Dykas for all three entities.