Pgim High is trading at 4.83 as of the 26th of November 2024; that is 0.21% up since the beginning of the trading day. The fund's open price was 4.82. Pgim High has less than a 18 % 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
Pgim High Yield [PHYGX] is traded in USA and was established 26th of November 2024. Pgim High is listed under PGIM Funds (Prudential) category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of PGIM Funds (Prudential) family. This fund at this time has accumulated 10.54 B in assets with no minimum investment requirementsPgim High Yield is currently producing year-to-date (YTD) return of 8.15% with the current yeild of 0.0%, while the total return for the last 3 years was 2.61%.
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.
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.