The PGIM High Yield Bond Fund (ISD) trades at a huge discount that's going to disappear soon. In addition, the fund boasts a huge 8.4% dividend yield, asserts closed-end fund expert Michael Foster, editor of Contrarian Outlook.

PGIM High Yield Bond Fund, Inc. (NYSE: ISD) (the "Fund"), a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended February 29, 2020.