Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.45% 0.14% 25.12M 3030.93
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
2.07% -- -- Upgrade

Basic Info

Investment Strategy
The investment seeks total return through a combination of current income and capital appreciation. The fund will seek to achieve its investment objective by investing primarily in a diversified portfolio of high yield fixed income instruments that are rated below investment grade by a NRSRO or, if unrated, are considered by the subadviser to be of comparable quality. Under normal circumstances, the fund invests at least 80% of its investable assets in high yield fixed income instruments that are rated below investment grade (commonly referred to as junk bonds) and other investments (including derivatives) with similar economic characteristics.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index --
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Growth and Income
Fund Owner Firm Name PGIM Investments
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Brian Clapp 0.30 yrs
Brian Lalli 0.30 yrs
Michael Gormally 0.30 yrs
Robert Cignarella 0.30 yrs
Robert Spano 0.30 yrs

Performance Versus Category

 
20%
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10%
5%
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
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As of April 24, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
--
--
--
--
--
--
1.80%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-3.13%
--
--
--
--
-3.06%
-13.29%
11.38%
2.76%
--
--
--
--
-0.46%
-5.63%
4.98%
0.43%
--
--
--
--
--
--
--
0.45%
--
--
16.53%
5.72%
5.11%
-13.31%
14.55%
0.59%
As of April 24, 2024.

Asset Allocation

As of April 15, 2024.
Type % Net % Long % Short
Cash 5.94% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 94.06% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks total return through a combination of current income and capital appreciation. The fund will seek to achieve its investment objective by investing primarily in a diversified portfolio of high yield fixed income instruments that are rated below investment grade by a NRSRO or, if unrated, are considered by the subadviser to be of comparable quality. Under normal circumstances, the fund invests at least 80% of its investable assets in high yield fixed income instruments that are rated below investment grade (commonly referred to as junk bonds) and other investments (including derivatives) with similar economic characteristics.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index --
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Growth and Income
Fund Owner Firm Name PGIM Investments
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Brian Clapp 0.30 yrs
Brian Lalli 0.30 yrs
Michael Gormally 0.30 yrs
Robert Cignarella 0.30 yrs
Robert Spano 0.30 yrs

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