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Morningstar

PGIM High Yield Z PHYZX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 4.63  /  0.02 %
  • Total Assets 17.4 Bil
  • Adj. Expense Ratio
    0.510%
  • Expense Ratio 0.510%
  • 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 6.98%
  • Effective Duration 3.71 years

USD | NAV as of Dec 05, 2023 | 1-Day Return as of Dec 05, 2023, 1:30 AM GMT+0

Morningstar’s Analysis PHYZX

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

People Pillar

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

One of the best.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

PGIM High Yield’s bevy of experienced personnel and methodical, robust process earn the strategy a Morningstar Medalist Rating of Gold across its shares, save two more expensive classes that earn Silver and Bronze.

by R.J. D'Ancona
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PHYZX

More PHYZX Holdings
  • Current Portfolio Date
  • Equity Holdings 11
  • Bond Holdings 705
  • Other Holdings 41
  • % Assets in Top 10 Holdings 9.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PGIM Core Short-Term Bond

2.27
372,658,565
—

United States Treasury Notes 3.875%

1.77
290,403,611
Government

Prudential Govt Money Mkt Fd

1.66
273,249,248
Cash and Equivalents

Calpine Corporation 5.125%

0.95
156,640,190
Corporate

Ferrellgas Escrow Llc 3/30/31 Preferred

0.86
142,275,000
Corporate

Bombardier Inc. 7.875%

0.79
129,187,712
Corporate

DISH DBS Corporation 7.75%

0.71
117,228,989
Corporate

Verscend Escrow Corp 9.75%

0.63
103,704,762
Corporate

Ford Motor Company 4.75%

0.60
98,637,659
Corporate

Usd/Eur Fwd 20231102 Bnpafrpp

0.57
94,370,903
Derivative