PGIM High Yield Bond Fund, Inc.

PGIM High Yield Bond Fund, Inc. is a closed-end fixed income mutual fund. It is managed by Prudential Investments LLC, with co-management provided by Prudential Investment Management, Inc. The fund focuses its investments within the fixed income markets of the United States. Its primary strategy involves investing in a diversified portfolio of high yield fixed income instruments. These instruments are rated below investment grade, specifically Ba1 or lower by Moody's Investors Service, Inc., or BB+ or lower by Standard & Poor's Ratings Services. The fund aims to invest in securities across all maturities, while working to maintain a weighted average portfolio duration of three years or less. To make its investment decisions, the fund utilizes fundamental analysis. It explicitly does not invest in municipal debt obligations, asset-backed securities, or mortgage-backed securities. PGIM High Yield Bond Fund, Inc. was established on April 30, 2012, and is based in the United States.