- What does PHYZX invest in?
- The fund typically commits at least 80% of its capital available for investment to a varied collection of high-yield, fixed-income securities. These securities are generally rated Ba or lower by Moody's Investors Service, or BB or lower by S&P Global Ratings. Alternatively, they may carry a comparable rating from another nationally recognized statistical rating organization, or be assessed as possessing equivalent quality, commonly referred to as junk bonds.
- What is the expense ratio of PHYZX?
- PGIM High Yield Fund Class Z (PHYZX) charges an expense ratio of 0.51%. This is the annual fee deducted from fund assets to cover management and operations.
- What is PHYZX's dividend yield?
- PHYZX's trailing-twelve-month yield is 6.41%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PHYZX?
- Effective duration measures PHYZX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PHYZX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PHYZX?
- PHYZX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of PHYZX?
- Yield to maturity (YTM) is the total return you'd earn from PHYZX if every bond in the portfolio is held to maturity at the current price. PHYZX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
