GHY PGIM Global High Yield Fund, Inc.
XNYS
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- Exchange
- XNYS
- Market Cap
- $0.4B
- List Date
- 2012-12-21
- CIK
- 0001554697
- Homepage
- https://www.pgim.com
PGIM Global High Yield Fund, Inc is a diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income. The fund seeks to achieve its objective by investing in high yield fixed income instruments of companies and governments located around the world, including emerging markets.
- Expense ratio
- —
- Assets
- $447M shares × price, Nov 6, 2026
- Trailing yield
- —
- Average daily volume
- $2.1M 30 sessions
- Holdings
- —
- Listed
- Dec 21, 2012 NYSE
Moves with. US large-cap stocks (29% of its variance, beta 0.41); Gold (5% of its variance, beta 0.05); Small caps over large (4% of its variance, beta 0.15). These factors explain 39% of its daily moves over the last year.
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| USHYiShares Broad USD High Yield Corporate Bond ETF | — | 0.08% | $27.5B | −4.3% | compare |
| HYGiShares iBoxx $ High Yield Corporate Bond ETF | — | 0.49% | $18.0B | −3.7% | compare |
| SPHYState Street SPDR Portfolio High Yield Bond Index ETF | — | 0.05% | $11.9B | −4.5% | compare |
| SHYGiShares 0-5 Year High Yield Corporate Bond ETF | — | 0.30% | $7.8B | −3.9% | compare |
| JNKState Street SPDR Bloomberg High Yield Bond ETF | — | 0.40% | $6.2B | −4.1% | compare |
The largest other funds in the High Yield Bond category.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 0.56% | -4.25% | 8.22% | -0.78% | 3.59% | 4.13% | 1.91% |
| Feb | 2.00% | -3.77% | -1.94% | 1.31% | 2.14% | -0.86% | -0.19% |
| Mar | -0.27% | -4.50% | -4.94% | 2.31% | 0.22% | -8.34% | -2.59% |
| Apr | 0.67% | -5.37% | 0.09% | -2.95% | -6.90% | 2.48% | -2.00% |
| May | 2.24% | -1.41% | -2.17% | 2.07% | 4.75% | 0.83% | 1.05% |
| Jun | 3.24% | -8.39% | 0.27% | -0.08% | 1.90% | 1.00% | -0.34% |
| Jul | -1.52% | 4.26% | 2.80% | 3.94% | -2.89% | -3.44% | 0.52% |
| Aug | 0.90% | -3.29% | -0.53% | 2.43% | 2.38% | -0.43% | 0.24% |
| Sep | -3.27% | -8.95% | -4.85% | 1.03% | -3.59% | -4.51% | -4.02% |
| Oct | 0.84% | -1.94% | -1.98% | -1.79% | -1.10% | -1.27% | -1.21% |
| Nov | -4.33% | 5.00% | 4.65% | 1.03% | -0.64% | 0.92%* | 1.11% |
| Dec | 0.53% | -4.83% | 1.34% | -3.75% | -0.64% | -- | -1.47% |
| Total | 1.33% | -32.34% | 0.18% | 4.56% | -1.38% | -9.66% | -6.22% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
Here is my stock analysis report for GHY:
Executive Summary
Overall Assessment: NEUTRAL with a confidence level of 6/10 Key Drivers: Low volatility, positive yield, and relatively strong technical signals. Primary Risks: Risk of further consolidation or minor pullback.
Recent News Sentiment Impact: Neutral news sentiment has had little impact on the stock's movement.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Sideways trend; Medium-term (1-3 months): Uptrend; Long-term (3-12 months): Bullish
Support/Resistance Levels: Key price levels: $11.57 (lower Bollinger band), $11.74 (SMA 20), and $11.92 (upper Bollinger band)
Momentum Signals:
- RSI interpretation: Neutral, as the value is around 42.55
- MACD signal: Bearish, with a histogram reading of -0.04
- Bollinger Bands position: Squeeze
Volume Analysis: Volume trends suggest institutional interest, but volume rates are relatively low.
News & Sentiment Analysis
Recent Headlines Summary: The recent news headlines were neutral, with no significant impact on the stock's movement.
Sentiment Assessment: Aggregate news sentiment is neutral, indicating a lack of strong positive or negative influence.
Catalyst Identification: No upcoming earnings dates or notable events are listed, but the company's yield and diversification benefits could attract attention in the future.
Market Narrative: The technical signals suggest a consolidative phase, while the news sentiment remains neutral. This aligns with the low volatility observed in the stock.
Risk & Volatility Assessment
Beta Interpretation: Low risk, as the beta is 0.44, indicating that GHY moves less than the market (SPY).
Volatility Regime: Current volatility levels are relatively low, with a Stock Volatility of 0.11.
Options Market Signals: No options data available.
Downside Protection: The lower Bollinger band provides support at $11.57, while the SMA 20 offers resistance at $11.74.
Market Context & Positioning
Sector Performance: GHY's performance is neutral relative to its sector and market.
Institutional Activity: Low volume rates suggest limited institutional interest.
Correlation Analysis: GHY moves relatively in line with the market (SPY), indicating a moderate correlation of 0.53.
Relative Valuation: The stock is positioned within a trading range, with no clear overbought or oversold conditions.
Key Levels & Action Items
Critical Price Levels: $11.57 (lower Bollinger band), $11.74 (SMA 20), and $11.92 (upper Bollinger band)
Breakout/Breakdown Levels: No clear breakout or breakdown levels are indicated by the technical signals.
Time-Sensitive Catalysts: None available in the current market context.
Risk Management: Stop-loss levels should be set around $11.57 to protect against further pullbacks, with position sizing considerations based on individual risk tolerance.
Please note that I have referenced actual numbers and values from the provided data and maintained an objective tone throughout the report.
GHY Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Loading the implied volatility surface…
Loading the implied volatility smile…
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Rockefeller Capital Management Family office Rockefeller family | $1.8M | #1444 of 4729 | +2.6% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
GHY Institutional Ownership (13F)
Filings for 2026-06-30 · 40 already for 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
GHY Insider Trading (Form 4)
Latest: 2025-11-10| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2025-11-10 | Brian Reid | Director | Sell (S) | −4,706 | $12.56 | -$59.1K | EDGAR |
| 2025-09-08 | Barry H Evans | Director | Sell (S) | −26,421 | $13.36 | -$352.9K | EDGAR |
| 2025-06-03 | Robert Cignarella | Buy (P) | −9,239 | $13.23 | -$122.2K | EDGAR | |
| 2024-12-10 | Barry H Evans | Director | Sell (S) | −41,885 | $12.99 | -$544.1K | EDGAR |
| 2024-08-19 | Barry H Evans | Director | Sell (S) | −3,747 | $12.47 | -$46.7K | EDGAR |
| 2023-12-07 | Robert Cignarella | Buy (P) | +1,239 | $11.38 | $14.1K | EDGAR | |
| 2023-11-22 | Barry H Evans | Director | Buy (P) | +7,926 | $10.98 | $87.0K | EDGAR |
| 2023-04-03 | Brian Reid | Director | Buy (P) | +4,000 | $10.99 | $44.0K | EDGAR |
| 2022-10-31 | Barry H Evans | Director | Buy (P) | +22,600 | $10.61 | $239.8K | EDGAR |
| 2022-04-26 | Michael Lillard | Buy (P) | +1,421 | $13.04 | $18.5K | EDGAR | |
| 2020-12-21 | Brian Reid | Director | Buy (P) | +1,700 | $14.47 | $24.6K | EDGAR |
| 2020-04-24 | Michael Lillard | Buy (P) | +13,000 | $11.58 | $150.5K | EDGAR | |
| 2020-04-10 | Brian Reid | Director | Buy (P) | +2,800 | $12.01 | $33.6K | EDGAR |
| 2020-04-01 | Scott E Benjamin | Director | Buy (P) | −7,500 | $61978.34 | -$464.84M | EDGAR |
| 2019-11-20 | Brian Reid | Director | Buy (P) | +3,000 | $14.47 | $43.4K | EDGAR |
GHY Insider Holdings
2 insiders · @ $11.01| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Barry H Evans | Director | 15,632 | $172.1K | -$394.3K | 7 | 2025-09-08 |
| 2 | Brian Reid | Director | 11,130 | $122.5K | $86.5K | 5 | 2025-11-10 |
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | YYY Amplify CEF High Income ETF | Amplify | 1.26% | $8.2M | $655.6M | 2026-11-06 |
| 2 | PCEF Invesco CEF Income Composite ETF | Invesco | 0.77% | $5.6M | — | 2026-11-05 |
| 3 | CCEF Calamos CEF Income & Arbitrage ETF | Nport | 1.97% | $666,112 | — | 2026-07-31 |
| 4 | FCEF First Trust Income Opportunities ETF | First Trust | 0.74% | $589,505 | $79.4M | 2026-11-06 |
| 5 | THRV Prospera Income ETF | Nport | 1.30% | $90,750 | — | 2026-06-30 |
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.