PGIM Active High Yield Bond ETF (PHYL)
| Assets | $88.04M |
| NAV | $36.38 |
| Expense Ratio | 0.53% |
| PE Ratio | n/a |
| Shares Out | 2.42M |
| Dividend (ttm) | $2.19 |
| Dividend Yield | 5.95% |
| Ex-Dividend Date | May 2, 2022 |
| 1-Year Return | -10.58% |
| Volume | 1,170 |
| Open | 36.80 |
| Previous Close | 36.50 |
| Day's Range | 36.80 - 36.83 |
| 52-Week Low | 35.19 |
| 52-Week High | 41.52 |
| Beta | 0.41 |
| Holdings | 538 |
| Inception Date | Sep 24, 2018 |
About PHYL
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.
Top 10 Holdings
28.45% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Mgmt Instl | DGCXX | 5.59% |
| Future Contract On Us 10yr Note (Cbt)sep22 | N/A | 4.72% |
| United States Treasury Notes 2.5% | T 2.5 03.31.27 | 3.81% |
| Future Contract On Us 5yr Note (Cbt) Sep22 | N/A | 3.54% |
| Cdx 2i65bryr5 05.000 Na 06/20/2027 Citcl Fixed | N/A | 2.60% |
| Future Contract On Us 2yr Note (Cbt) Sep22 | N/A | 2.56% |
| Cdx 2i65byea9 01.000 Na 06/20/2032 Citcl Float | N/A | 2.43% |
| Chesapeake Energy Corp Ordinary Shares - New | CHK | 1.19% |
| Uniti Group LP/Uniti Fiber Holdings Inc/Uniti Group Finance 2019 Inc/CSL Ca | UNIT 7.875 02.15.25 144A | 1.02% |
| Madison Pk Fdg Xxxiii Ltd / Madison Pk Fdg Xxxiii Llc 2.14% | MDPK 2019-33A AR | 0.99% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 2, 2022 | $0.15714 | May 6, 2022 |
| Apr 1, 2022 | $0.16078 | Apr 7, 2022 |
| Mar 1, 2022 | $0.1565 | Mar 7, 2022 |
| Feb 1, 2022 | $0.139 | Feb 7, 2022 |
| Dec 29, 2021 | $0.37179 | Jan 5, 2022 |
| Dec 1, 2021 | $0.1697 | Dec 7, 2021 |
News
Junk Bond ETFs on a Tear: Here's Why
Per a CNBC article, junk bonds are not so worthless anymore, as corporate earnings have been improving along with economic reopening and vaccine distribution.
Bears Fled the Scene After Fed Backstopped High-Yield ETFs
The Federal Reserve’s decision to backstop high yield exchange-traded funds (ETFs) as part of its stimulus measures to help boost the bond market amid the pandemic saw bears flee the scene like Yogi Bea...