PGIM High Yield Fund - Class A (PBHAX)

Fund Assets	22.19B
Expense Ratio	0.725%
Min. Investment	$1,000
Turnover	49.00%
Dividend (ttm)	0.32
Dividend Yield	7.01%
Dividend Growth	-5.04%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	4.600
YTD Return	-0.56%
1-Year Return	1.41%
5-Year Return	13.31%
52-Week Low	4.590
52-Week High	4.880
Beta (5Y)	0.44
Holdings	925
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.

• Fund Family: PGIM
• Category: High Yield Bond
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PBHAX
• Share Class: Class A
• Index: Bloomberg US High Yield 1% Issuer TR

Performance

PBHAX had a total return of 1.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.52%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PHYQX	Class R6	0.38%
PHYZX	Class Z	0.51%
PHYGX	Class R4	0.66%
PHYEX	Class R2	0.91%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02584	Sep 30, 2026
Aug 31, 2026	$0.02782	Aug 31, 2026
Jul 31, 2026	$0.02659	Jul 31, 2026
Jun 30, 2026	$0.02631	Jun 30, 2026
May 29, 2026	$0.02705	May 29, 2026
Apr 30, 2026	$0.02584	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

Data Sources Report a data error