Key stats
About PGIM Active High Yield Bond ETF
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Inception date
Sep 24, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
PGIM Investments LLC
Distributor
Prudential Investment Management Services LLC
ISIN
US69344A2069
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
Stocks0.13%
Communications0.09%
Energy Minerals0.04%
Bonds, Cash & Other99.87%
Corporate88.24%
Government3.20%
ETF2.98%
Loans2.65%
Cash1.01%
Miscellaneous0.71%
Mutual fund0.63%
Securitized0.46%
Stock breakdown by region
North America95.11%
Europe3.40%
Asia0.80%
Oceania0.69%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PHYL invests in bonds. The fund's major sectors are Corporate, with 88.24% stocks, and Government, with 3.20% of the basket. The assets are mostly located in the North America region.
PHYL top holdings are PGIM AAA CLO ETF and United States Treasury Notes 4.625% 15-FEB-2035, occupying 2.98% and 1.18% of the portfolio correspondingly.
PHYL last dividends amounted to 0.22 USD. The month before, the issuer paid 0.22 USD in dividends, which shows a 3.52% increase.
PHYL assets under management is 453.50 M USD. It's risen 12.12% over the last month.
PHYL fund flows account for 328.00 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PHYL pays dividends to its holders with the dividend yield of 7.53%. The last dividend (Sep 4, 2025) amounted to 0.22 USD. The dividends are paid monthly.
PHYL shares are issued by Prudential Financial, Inc. under the brand PGIM. The ETF was launched on Sep 24, 2018, and its management style is Active.
PHYL expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
PHYL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PHYL invests in bonds.
PHYL price has risen by 0.14% over the last month, and its yearly performance shows a 0.08% increase. See more dynamics on PHYL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.21% over the last month, showed a 2.09% increase in three-month performance and has increased by 3.39% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.21% over the last month, showed a 2.09% increase in three-month performance and has increased by 3.39% in a year.
PHYL trades at a premium (0.23%) meaning the ETF is trading at a higher price than the calculated NAV.