Morningstar

PGIM Short Duration High Yield Income Fund- Class A HYSAX

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  • NAV / 1-Day Return$8.10  /  −0.37%
  • Fund Size$5.0B
  • Adjusted Expense Ratio1.000%
  • Net Expense Ratio1.000%
  • Fee Level: DistributionAbove Average
  • Share Class TypeFront Load
  • Morningstar CategoryHigh Yield Bond
  • Fixed-Income Style Box (Funds)Low/Limited
  • Minimum Initial Investment$1,000
  • Investment StatusOpen
  • TTM Yield6.27%
  • Average Effective Duration2.54 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis HYSAX

Will HYSAX outperform in the 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 HYSAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HYSAX 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 HYSAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A great defensive high-yield option.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

PGIM Short Duration High Yield Income combines industry-leading resources with a differentiated relative value process, making it one of the top options in the high-yield bond Morningstar Category.

by Max Curtin
Rated on Published on

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Portfolio Holdings HYSAX

More HYSAX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings8.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prudential Govt Money Mkt Fd

1.2563M
Cash and Equivalents

Vistra Operations Co LLC 5%

1.1558M
Corporate

Radiate Holdco Llc

1.1156M
Corporate

Davita Inc 4.625%

1.0754M
Corporate

SBA Communications Corp. 3.875%

0.9950M
Corporate

Tenet Healthcare Corporation 4.375%

0.9648M
Corporate

PGIM AAA CLO ETF

0.9447M
—

Maya S.A.S. 7%

0.8543M
Corporate

Meridian Arc Holdco LLC 6.25%

0.7237M
Corporate

Carvana Co 9%

0.7236M
Corporate

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