Morningstar

PGIM Active High Yield Bond ETF PHYL

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub

Morningstar’s Analysis PHYL

Will PHYL outperform in the 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 PHYL’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

PGIM Active High Yield Bond ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings PHYL

More PHYL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prudential Govt Money Mkt Fd

2.65 37M
Cash and Equivalents

PGIM AAA CLO ETF

1.00 14M
—

Radiate Holdco Llc

0.82 12M
Corporate

Ice: (Cdx.Na.Hy.47.V1)

0.81 11M
Derivative

Cash

0.68 10M
Cash and Equivalents

Tenneco LLC 8%

0.68 10M
Corporate

Meridian Arc Holdco LLC 6.25%

0.62 9M
Corporate

Level 3 Financing, Inc. 8.5%

0.57 8M
Corporate

CoreWeave Inc. 9.25%

0.55 8M
Corporate

Trident TPI Holdings Inc 12.75%

0.55 8M
Corporate

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