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PGIM Active High Yield Bond ETF PHYL

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub

Morningstar’s Analysis PHYL

Will PHYL outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHYL’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PHYL management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PHYL’s parent organization’s priorities and whether they’re in line with investors’ interests.

PGIM Active High Yield Bond ETF’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PHYL

More PHYL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future June 24

5.85 8.0 Mil
Government

Prudential Govt Money Mkt Fd

2.36 3.2 Mil
Cash and Equivalents

10 Year Treasury Note Future June 24

2.29 3.1 Mil
Government

Recv Trs Iboxig Sofr 9/20

2.03 2.8 Mil
Government

2 Year Treasury Note Future June 24

1.79 2.4 Mil
Government

Recv Trs Iboxig Sofr 9/20

1.09 1.5 Mil
Government

Davita Inc 3.75%

0.97 1.3 Mil
Corporate

Medline Borrower LP 3.875%

0.89 1.2 Mil
Corporate

Carnival Corporation 5.75%

0.76 1.0 Mil
Corporate

TRNTS 2023-26A A1 FRN 1/20/2035

0.74 1.0 Mil
Securitized