Under normal market conditions, the fund invests at least 80% of its investable assets in a diversified portfolio of high yield bonds that are below investment grade and other investments (including derivatives) with similar economic characteristics. It may invest in securities which are the subject of bankruptcy proceedings or otherwise in default as to the repayment of principal and/or interest at the time of acquisition by the fund or are rated in the lower rating categories or, if unrated, are in the judgment of the Subadviser of equivalent quality.
Frequently asked questions
What is the PGIM Active High Yield Bond ETF (PHYL) expense ratio?
The PGIM Active High Yield Bond ETF funds expense ratio is 0.39%.
What is PGIM Active High Yield Bond ETF (PHYL) current stock price?
As of the latest data, PGIM Active High Yield Bond ETF stock price is $33.57, with a previous close of $33.51. PGIM Active High Yield Bond ETF gained $0.06 in the last trading session, representing a 0.18% increase.
Does PGIM Active High Yield Bond ETF (PHYL) pay dividends?
Yes. PGIM Active High Yield Bond ETF pays monthly dividends with an annualized yield of 7.14% and an estimated annual payout of $2.40 per share.
When is the next ex-dividend date for PGIM Active High Yield Bond ETF (PHYL)?
The next ex-dividend date is scheduled for November 03, 2026.