PGIM High Yield Fund - Class A (PBHAX)
| Fund Assets | 21.06B |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 6.48% |
| Dividend Growth | -4.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 4.850 |
| YTD Return | 0.52% |
| 1-Year Return | 7.59% |
| 5-Year Return | 20.69% |
| 52-Week Low | 4.540 |
| 52-Week High | 5.010 |
| Beta (5Y) | n/a |
| Holdings | 875 |
| Inception Date | Jan 22, 1990 |
About PBHAX
PGIM High Yield Fund Class A is an open‑end mutual fund focused on below‑investment‑grade corporate credit. Its primary objective is to maximize current income, with capital appreciation pursued when consistent with that goal. The strategy typically invests at least 80% of assets in a diversified portfolio of high yield fixed‑income instruments rated Ba/BB or lower, employing broad issuer and sector diversification to manage credit risk while targeting elevated coupon income. The portfolio spans cyclical and defensive industries and may hold short‑term government or cash equivalents for liquidity and risk management. The fund distributes income monthly and has amassed a large asset base, reflecting its role as a core high yield allocation for income‑oriented investors seeking exposure to the U.S. speculative‑grade bond market. It is positioned within the high yield bond category, emphasizing credit selection and disciplined risk controls, with an expense profile aligned to an actively managed approach. According to fund and third‑party data providers, it maintains hundreds of holdings and a relatively low interest‑rate sensitivity, consistent with typical shorter effective duration in high yield strategies.
Performance
PBHAX had a total return of 7.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.58%.
Top 10 Holdings
10.19% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.5% | T.3.5 10.31.27 | 1.69% |
| United States Treasury Notes 3.875% | T.3.875 11.30.27 | 1.45% |
| PGIM Active High Yield Bond ETF | PHYL | 1.39% |
| United States Treasury Notes 3.625% | T.3.625 08.31.27 | 1.22% |
| DISH DBS Corporation 7.75% | DISH.7.75 07.01.26 | 0.83% |
| PGIM AAA CLO ETF | PAAA | 0.81% |
| Radiate Holdco Llc Pik Term Loan Fifo | n/a | 0.77% |
| Medline Borrower LP 3.875% | MEDIND.3.875 04.01.29 144A | 0.72% |
| Digicel Intl Fin Ltd Common Equity | n/a | 0.67% |
| United States Treasury Notes 4% | T.4 03.31.30 | 0.65% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02594 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02632 | Dec 31, 2025 |
| Dec 19, 2025 | $0.00596 | Dec 19, 2025 |
| Nov 28, 2025 | $0.02587 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02747 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02578 | Sep 30, 2025 |