PGIM Active High Yield Bond ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
PGIM Active High Yield Bond ETF PHYL
Morningstar’s Analysis PHYL
Will PHYL outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
PGIM AAA CLO ETF | 1.08 | 14M | — |
Cash | 1.07 | 14M | Cash and Equivalents |
TransDigm, Inc. 6.75% | 0.97 | 13M | Corporate |
Radiate Pik Term Loan Fifo | 0.89 | 12M | Corporate |
Carvana Co 9% | 0.73 | 10M | Corporate |
Ice: (Cdx.Na.Hy.45.V1) | 0.72 | 9M | Derivative |
Prudential Govt Money Mkt Fd | 0.69 | 9M | Cash and Equivalents |
Davita Inc 4.625% | 0.61 | 8M | Corporate |
Allied Universal Holdco LLC / Allied Universal Finance Corp. 7.875% | 0.57 | 7M | Corporate |
Tenneco LLC 8% | 0.57 | 7M | Corporate |
United States