PHYLPGIM Active High Yield Bond ETF

Get income7y track recordRanked #326 of 1,622 in this goal

Seeks total return through current income and capital appreciation.

By PGIM · Launched 2018

Annual Cost

0.39%

#1,958 of 5,562 · average

Fund Size

$1.3B

#971 of 5,562 · large

Dividend YieldGoal

7.66%

Track Record

7 years

#1,813 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,733+7.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 9.4% of fund✓ well diversified

PGIM AAA CLO ETF - Old IO fund

2.2%

(PIPA070) PGIM Core Government Money Market Fund

1.2%

CARVANA CO

1.0%

ACRISURE LLC / FIN INC

0.8%

UNITED RENTALS NORTH AM

0.8%

ECHOSTAR CORP

0.8%

SBA COMMUNICATIONS CORP

0.7%

INTERCONTINENTAL EXCHANGE, INC.

0.7%

MEDLINE BORROWER LP

0.7%

TENET HEALTHCARE CORP

0.7%

Asset allocation

Bonds

96.4%

Cash

1.8%

Preferred

1.7%

Stocks

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.4%Low

Year-on-year price swings

Max drawdown

-22.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.14Strong risk-adjusted returns

Sortino (3Y)

1.67Good downside protection

Bond profile

Duration

6.7 years

Avg maturity

9.9 years

Credit ratings

US Government

1.7%

AAA

0.6%

0.3%

BBB

8.8%

53.1%

27.6%

Below B

8.1%

Other

1.6%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks total return through current income and capital appreciation.
Strategy: Invests primarily in high yield bonds, including distressed securities, and may use derivatives. Actively managed without tracking a specific index, focusing on economic analysis and issuer research.
Inception date: September 24, 2018
Fund family: PGIM