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This Fund Turns Plunging Interest Rates Into A Growing 8.4% Dividend: (ISD)

TedTed
in The Bullpen
FYI: 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 getting in now, because ISD is set to soar
Regards,
Ted
https://www.forbes.com/sites/michaelfoster/2019/08/20/this-fund-turns-plunging-interest-rates-into-a-growing-8-4-dividend/#2e0a30ee426c

M* Snapshot ISD:
https://www.morningstar.com/cefs/xnys/isd/quote

CEFA.Com:
https://www.cefa.com/FundSelector/FundDetail.fs?ID=198057

CEFCONNECT.Com:
https://www.cefconnect.com/fund/ISD
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