Pgim High Yield Fund Quote
| PHYEX Fund | USD 4.82 0.01 0.21% |
Performance11 of 100
| Odds Of DistressLess than 19
|
Pgim High is trading at 4.82 as of the 26th of November 2024; that is 0.21% down since the beginning of the trading day. The fund's open price was 4.83. Pgim High has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Pgim High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its investable assets in a diversified portfolio of high yield fixed-income instruments rated Ba or lower by Moodys Investors Service or BB or lower by SP Global Ratings , and instruments either comparably rated by another nationally recognized statistical rating organization , or considered to be of comparable quality, that is, junk bonds.. More on Pgim High Yield
Moving together with Pgim Mutual Fund
Pgim Mutual Fund Highlights
| Fund Concentration | PGIM Investments Funds, Large Funds, High Yield Bond Funds, High Yield Bond, PGIM Investments (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 28th of October 2022 |
| Fiscal Year End | August |
Pgim High Yield [PHYEX] is traded in USA and was established 26th of November 2024. Pgim High is listed under PGIM Investments category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of PGIM Investments family. This fund at this time has accumulated 17.77 B in assets with no minimum investment requirementsPgim High Yield is currently producing year-to-date (YTD) return of 7.9% with the current yeild of 0.0%, while the total return for the last 3 years was 2.36%.
Check Pgim High Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pgim Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pgim Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pgim High Yield Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Pgim High Yield Mutual Fund Constituents
| CHK | Chesapeake Energy | Stock | Energy | |
| HYG | iShares iBoxx High | Etf | High Yield Bond | |
| JNK | SPDR Bloomberg High | Etf | High Yield Bond | |
| SHYG | iShares 0 5 Year | Etf | High Yield Bond | |
| USHY | iShares Broad USD | Etf | High Yield Bond |
Pgim High Yield Risk Profiles
| Mean Deviation | 0.1343 | |||
| Standard Deviation | 0.1872 | |||
| Variance | 0.035 | |||
| Downside Variance | 0.0571 |
Pgim High Against Markets
Other Information on Investing in Pgim Mutual Fund
Pgim High financial ratios help investors to determine whether Pgim Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pgim with respect to the benefits of owning Pgim High security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |