Key stats
About PGIM Active High Yield Bond ETF
Expense ratio
0.39%
Home page
Inception date
Sep 24, 2018
PHYL mainly holds USD-denominated corporate bonds, though up to 20% of the portfolio may be foreign-denominated with a currency hedge applied. However, note that this fund may hold unlimited amounts of high-yield USD bonds from any issuer or geography, including sovereign and/or emerging-market debt. In addition, the funds mandate allows it to hold nearly any type of debt, including variable-rate, convertible, municipal, or MBS/ABS. PHYLs active manager applies both top-down economic analysis and bottom-up, fundamental research to identify issuers with improving credit profiles. The fund manages ongoing portfolio credit risk with daily risk assessments.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Stocks1.40%
Utilities0.66%
Energy Minerals0.29%
Finance0.23%
Distribution Services0.23%
Bonds, Cash & Other98.60%
Corporate85.39%
ETF4.70%
Miscellaneous2.92%
Securitized1.99%
Government1.72%
Cash1.60%
Loans0.28%
Top 10 holdings
Dividends
Dividend payout history