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Morningstar

PGIM ESG High Yield Z PGAVX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 8.56  /  −0.10 %
  • Total Assets 25.1 Mil
  • Adj. Expense Ratio
    0.540%
  • Expense Ratio 0.540%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 6.47%
  • Effective Duration 3.17 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:01 AM GMT+0

Morningstar’s Analysis PGAVX

Will PGAVX 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 PGAVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

PGIM ESG High Yield Z’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 least expensive fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings PGAVX

More PGAVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 5%

5.67 1.5 Mil
Government

United Rentals (North America), Inc. 3.75%

1.61 413,974
Corporate

United States Treasury Notes 4.25%

1.55 396,891
Government

United States Treasury Notes 2.75%

1.52 388,620
Government

United States Treasury Notes 4.25%

1.42 363,161
Government

Prudential Govt Money Mkt Fd

1.41 361,603
Cash and Equivalents

PGIM Core Short-Term Bond

1.38 354,657
—

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.25%

1.19 305,227
Corporate

Sprint LLC 7.625%

1.09 278,421
Corporate

Ford Motor Company 3.25%

1.05 270,513
Corporate