PGIM Active High Yield Bond ETF (PHYL)
34.22
-0.05
(-0.15%)
USD |
NYSEARCA |
Apr 24, 16:00
34.18
-0.04
(-0.12%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.39% | 0.34% | 122.96M | 19629.83 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
7.98% | 35.00% | 33.64M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks total return, through a combination of current income and capital appreciation. Under normal market conditions, the fund invests at least 80% of its investable assets in a diversified portfolio of high yield bonds that are below investment grade and other investments (including derivatives) with similar economic characteristics. It may invest in securities which are the subject of bankruptcy proceedings or otherwise in default as to the repayment of principal and/or interest at the time of acquisition by the fund or are rated in the lower rating categories or, if unrated, are in the judgment of the Subadviser of equivalent quality. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | High Yield Bond |
Category Index | ICE BofA US High Yield TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Corporate Bond - High Yield |
Fund Owner Firm Name | PGIM Investments |
Prospectus Benchmark Index | |
Bloomberg US HY Very Liquid TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Brian Clapp | 5.52 yrs |
Robert Cignarella | 5.52 yrs |
Robert Spano | 5.52 yrs |
Ryan Kelly | 5.52 yrs |
Michael Gormally | 2.00 yrs |
Brian Lalli | 1.05 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
Investment Strategy | |
The investment seeks total return, through a combination of current income and capital appreciation. Under normal market conditions, the fund invests at least 80% of its investable assets in a diversified portfolio of high yield bonds that are below investment grade and other investments (including derivatives) with similar economic characteristics. It may invest in securities which are the subject of bankruptcy proceedings or otherwise in default as to the repayment of principal and/or interest at the time of acquisition by the fund or are rated in the lower rating categories or, if unrated, are in the judgment of the Subadviser of equivalent quality. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | High Yield Bond |
Category Index | ICE BofA US High Yield TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Corporate Bond - High Yield |
Fund Owner Firm Name | PGIM Investments |
Prospectus Benchmark Index | |
Bloomberg US HY Very Liquid TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Brian Clapp | 5.52 yrs |
Robert Cignarella | 5.52 yrs |
Robert Spano | 5.52 yrs |
Ryan Kelly | 5.52 yrs |
Michael Gormally | 2.00 yrs |
Brian Lalli | 1.05 yrs |