Wilmington Trust Collective Investment Trust - High Yield Bond Fund (WPGAFX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 13.46 |
| YTD Return | 1.86% |
| 1-Year Return | 5.66% |
| 5-Year Return | n/a |
| 52-Week Low | 12.74 |
| 52-Week High | 13.48 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About WPGAFX
PGIM High Yield Bond Fund CIT Fee Class R is a mutual fund designed to provide high current income through investment primarily in high-yield bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund aims to maximize current income while pursuing capital growth as a secondary objective, making it suitable for investors seeking higher yields who are willing to accept elevated credit and interest rate risks. Managed by PGIM Fixed Income, a division of Prudential Financial with extensive experience managing fixed income portfolios dating back to 1875, the fund employs active sector rotation, duration management, and sophisticated risk budgeting strategies. The portfolio typically maintains an average maturity of approximately five years and focuses on below-investment-grade instruments across various sectors including telecommunications, building materials, and gaming and leisure industries. Monthly distributions provide regular income to shareholders, while the fund's structure offers professional management and diversification across the high-yield bond market.
Performance
WPGAFX had a total return of 5.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.18%.