PGIM High Yield benefits from a parent firm willing to provide resources and an experienced staff with a methodical, smart process. All of its shares carry a Morningstar Analyst Rating of Gold save its expensive C class.
Will PBHAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PBHAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PBHAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PBHAX’s parent organization’s priorities and whether they’re in line with investors’ interests.