Seeking Alpha

Prudential Global Short Duration High Yield Fund, Inc. (GHY)

  • Ajay Kalra | Send Message 1 Jan

    Someone wanted to get rid of EV CEFs in 2014. Just before the close $EtW, $ETY, $ETV were sold. Same for $BXMX. Opposite for $GHY, $BWG.
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    • Scooter-Pop | Send Message 16 Jan
      : Adding to BWG since December 2014.
    • Ajay Kalra | Send Message 16 Jan
      : $BWG has done well actually, especially from NAV perspective. Despite the carnage, its NAV (total return) is up 8% for one year.
      • Ajay Kalra | Send Message 31 Dec 2014

        Bought $BGH at the close today. I think $HIX, $GHY, $BWG, $EHI should do better now as tax related selling subsides. Yield is good on all.
        Reply (1)
        • mrmedusa | Send Message 31 Dec 2014
          : Have $GHY, went with $EDF. All look pretty good.
          • Ajay Kalra | Send Message 10 Dec 2014

            Bought CEF $GHY today. Its earning more than its paying out. It also has year end dividend of .25c and two monthly div this month.
              • Stanford Chemist | Send Message 1 Aug 2014

                Added to $GHY at 16.59. 8.9% yield, oversold.
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                • Stanford Chemist | Send Message 1 Aug 2014
                  : I'm happy with $GHY as a core bond position for the time being, high-yield and low duration minimizes interest rate risk
                • Stanford Chemist | Send Message 1 Aug 2014
                  : at the expense of credit risk, and I do not perceive a recession to be imminent. But take it with a grain of salt, I'm hardly a professional
                  • Stanford Chemist | Send Message 25 Jul 2014

                    Added $GHY at $17.66. Added about 1% of the BTDHY portfolio.
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                      Company Description
                      The Fund normally invests at least 80% of its investable assets in a portfolio of global high yield fixed income instruments with varying maturities and other investments (including derivatives) with similar economic characteristics. Although the Fund will