News coverage about Prudential Short Duration High Yield FD (NYSE:ISD) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Prudential Short Duration High Yield FD earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.4027722037928 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Prudential Short Duration High Yield FD (NYSE ISD) traded down $0.09 during mid-day trading on Tuesday, reaching $14.77. 403,300 shares of the company’s stock traded hands, compared to its average volume of 147,422. Prudential Short Duration High Yield FD has a 1-year low of $14.69 and a 1-year high of $16.02.
The business also recently declared a monthly dividend, which will be paid on Monday, January 8th. Shareholders of record on Friday, December 29th will be paid a $0.0925 dividend. This represents a $1.11 annualized dividend and a yield of 7.52%. The ex-dividend date of this dividend is Thursday, December 28th.
In related news, Director Barry H. Evans purchased 14,996 shares of the firm’s stock in a transaction on Friday, November 3rd. The shares were acquired at an average price of $15.10 per share, for a total transaction of $226,439.60. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
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Prudential Short Duration High Yield FD Company Profile
Prudential Short Duration High Yield Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income by investing primarily in higher-rated, below-investment-grade fixed income instruments. The Fund seeks to maintain a weighted average portfolio duration of approximately three years or less and a weighted average maturity of over five years or less.
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