Returns Chart

Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
1.75% 5.194B -- 61.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
35.97M 2.33%

Basic Info

Investment Strategy
The Fund seeks high level of current income. The Fund will invest in a diversified portfolio of high yield fixed income instruments that are rated below investment grade by a Nationally Recognized Statistical Rating Organization (NRSRO) or, if unrated are considered by the investment subadviser to be comparable quality.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD High Yield
Peer Group Short High Yield Funds
Global Macro Bond High Yield
US Macro High Yield Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Short High Yield Funds
Fund Owner Firm Name PGIM
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

View Basic Info
Start Trial

Net Fund Flows Versus Peer Group

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 21
-154.93M Peer Group Low
201.82M Peer Group High
1 Year
% Rank: 35
35.97M
-305.58M Peer Group Low
1.583B Peer Group High
3 Months
% Rank: 95
-140.46M Peer Group Low
647.34M Peer Group High
3 Years
% Rank: 96
-406.84M Peer Group Low
8.141B Peer Group High
6 Months
% Rank: 90
-671.39M Peer Group Low
874.49M Peer Group High
5 Years
% Rank: 73
-1.054B Peer Group Low
9.290B Peer Group High
YTD
% Rank: 90
-602.78M Peer Group Low
1.010B Peer Group High
10 Years
% Rank: 12
-861.77M Peer Group Low
2.025B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
View Performance Versus Peer Group
Start Trial

Annual Total Returns Versus Peers

Loading chart...
Name
2019
2020
2021
2022
2023
2024
2025
YTD
10.57%
3.00%
4.98%
-6.58%
10.07%
6.06%
6.74%
1.10%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
-0.15%
--
--
4.75%
-6.40%
11.15%
8.48%
6.66%
2.34%
15.03%
4.58%
5.33%
-12.36%
10.88%
7.64%
7.96%
1.51%
6.40%
2.27%
1.78%
-3.43%
8.01%
5.02%
5.92%
1.79%
5.84%
4.63%
2.68%
-2.73%
6.58%
5.47%
5.65%
1.71%
As of August 25, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (8-24-26) 5.37%
30-Day SEC Yield (7-31-26) 5.01%
7-Day SEC Yield --
Number of Holdings 640
Bond
Yield to Maturity (6-30-26) 6.44%
Effective Duration 2.27
Average Coupon 6.44%
Calculated Average Quality 5.487
Effective Maturity 2.841
Nominal Maturity 3.328
Number of Bond Holdings 599
As of June 30, 2026

Asset Allocation

As of June 30, 2026.
Type % Net
Cash 0.62%
Stock 0.85%
Bond 96.40%
Convertible 0.00%
Preferred 0.43%
Other 1.70%
View Asset Allocation
Start Trial

Fees & Availability

Fees
Actual 12B-1 Fee 1.00%
Actual Management Fee 0.64%
Administration Fee --
Maximum Front Load --
Maximum Deferred Load 1.00%
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1000.00 None
Minimum Subsequent Investment 100.00 None

Projected Income

View Projected Income. Upgrade now.
Type Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Qualified Income
-- -- -- -- -- -- -- -- -- -- -- --
Normal
-- -- -- -- -- -- -- -- -- -- -- --
Qualified
-- -- -- -- -- -- -- -- -- -- -- --
LT Cap Gains
-- -- -- -- -- -- -- -- -- -- -- --
Ordinary Income
-- -- -- -- -- -- -- -- -- -- -- --
Non-Qual
-- -- -- -- -- -- -- -- -- -- -- --
ST Cap Gains
-- -- -- -- -- -- -- -- -- -- -- --
Interest
-- -- -- -- -- -- -- -- -- -- -- --
Tax-Exempt
-- -- -- -- -- -- -- -- -- -- -- --
ROC
-- -- -- -- -- -- -- -- -- -- -- --
Other
-- -- -- -- -- -- -- -- -- -- -- --
Total
-- -- -- -- -- -- -- -- -- -- -- --
As of July 31, 2026.

Basic Info

Investment Strategy
The Fund seeks high level of current income. The Fund will invest in a diversified portfolio of high yield fixed income instruments that are rated below investment grade by a Nationally Recognized Statistical Rating Organization (NRSRO) or, if unrated are considered by the investment subadviser to be comparable quality.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD High Yield
Peer Group Short High Yield Funds
Global Macro Bond High Yield
US Macro High Yield Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Short High Yield Funds
Fund Owner Firm Name PGIM
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

View Basic Info
Start Trial

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (8-24-26) 5.37%
30-Day SEC Yield (7-31-26) 5.01%
7-Day SEC Yield --
Number of Holdings 640
Bond
Yield to Maturity (6-30-26) 6.44%
Effective Duration 2.27
Average Coupon 6.44%
Calculated Average Quality 5.487
Effective Maturity 2.841
Nominal Maturity 3.328
Number of Bond Holdings 599
As of June 30, 2026

Fund Details

Key Dates
Inception Date 10/26/2012
Last Annual Report Date 8/31/2025
Last Prospectus Date 10/30/2025
Share Classes
HYSAX A
HYSQX Retirement
HYSZX Z
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
View Top Portfolio Holders
Start Trial

Excel Add-In Codes

Name: =YCI("M:HYSCX", "name")
Broad Asset Class: =YCI("M:HYSCX", "broad_asset_class")
Broad Category: =YCI("M:HYSCX", "broad_category_group")
Prospectus Objective: =YCI("M:HYSCX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
View Excel Add-In Codes
Start Trial