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PBHAX PGIM High Yield A

  • Fund
  • PBHAX
  • Price as of: Jul 19, 2019
  • $5.47 - $0.00 - 0.00%
  • Category
  • High Yield Bonds

PBHAX - Profile

Vitals

  • YTD Return 6.8%
  • 3 Yr Annualized Return 0.4%
  • 5 Yr Annualized Return -1.1%
  • Net Assets $9.19 B
  • Holdings in Top 10 10.0%

52 WEEK LOW AND HIGH

$5.47
$5.08
$5.51

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.80%

SALES FEES

  • Front Load 3.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 44.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

High Yield Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Distributions

  • YTD Total Return 6.8%
  • 3 Yr Annualized Total Return 0.4%
  • 5 Yr Annualized Total Return -1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.75%
DIVIDENDS
  • Dividend Yield 4.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name PGIM High Yield Fund
  • Fund Family Name PGIM Funds (Prudential)
  • Inception Date Jan 22, 1990
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Robert Spano

Fund Description

The fund normally invests at least 80% of its investable assets in a diversified portfolio of high yield fixed-income instruments rated Ba or lower by Moody's Investors Service (Moody's) or BB or lower by S&P Global Ratings (Standard & Poor's), and instruments either rated by another nationally recognized statistical rating organization (NRSRO), or considered to be of comparable quality, that is, junk bonds.

PBHAX - Performance

Return Ranking - Trailing

Period PBHAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -9.1% 23.5% 36.47%
1 Yr 1.1% -9.7% 5.8% 32.19%
3 Yr 0.4%* -6.4% 8.3% 28.96%
5 Yr -1.1%* -8.6% 1.9% 24.74%
10 Yr 1.7%* -13.4% 4.4% 27.11%

* Annualized


Return Ranking - Calendar

Period PBHAX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.2% -23.1% -0.4% 27.38%
2017 1.3% -9.5% 28.5% 44.01%
2016 7.9% -14.4% 28.6% 34.03%
2015 -8.7% -34.3% 1.0% 50.94%
2014 -3.5% -23.1% 27.7% 35.90%

Total Return Ranking - Trailing

Period PBHAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -9.1% 23.5% 40.88%
1 Yr 1.1% -9.7% 6.8% 42.91%
3 Yr 0.4%* -6.4% 11.0% 45.42%
5 Yr -1.1%* -7.8% 5.9% 43.55%
10 Yr 1.7%* -13.4% 8.6% 45.42%

* Annualized


Total Return Ranking - Calendar

Period PBHAX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.2% -23.1% 1.3% 39.76%
2017 1.3% -4.9% 36.8% 57.44%
2016 7.9% -14.4% 39.0% 48.43%
2015 -8.7% -28.3% 4.3% 58.66%
2014 -3.5% -21.8% 27.7% 55.51%

NAV & Total Return History

PBHAX - Holdings

Concentration Analysis

PBHAX Category Low Category High PBHAX % Rank
Net Assets 9.19 B 1.02 M 25 B 6.81%
Number of Holdings 528 6 1547 17.23%
Net Assets in Top 10 922 M -1.5 M 3.71 B 5.81%
Weighting of Top 10 9.96% 5.1% 99.6% 55.91%

Top 10 Holdings

  1. DISH DBS Corporation 7.75% 1.53%

  2. Wind Tre S.p.A. 5% 1.39%

  3. Calpine Corporation 5.75% 1.11%

  4. Citgo Holding, Inc 10.75% 0.90%

  5. Financial & Risk US Holdings Inc 8.25% 0.89%

  6. Clear Channel Worldwide Holdings Inc. 9.25% 0.89%

  7. Wand Merger Corporation 9.12% 0.84%

  8. Sprint Capital Corporation 8.75% 0.83%

  9. Bombardier Inc. 7.5% 0.81%

  10. United Rentals (North America), Inc. 4.88% 0.78%


Asset Allocation

Weighting Return Low Return High PBHAX % Rank
Bonds
93.63% -17.48% 100.06% 45.49%
Cash
5.58% -3.02% 117.48% 43.09%
Other
0.39% -7.31% 11.36% 11.62%
Stocks
0.27% -0.44% 99.77% 45.29%
Convertible Bonds
0.10% 0.00% 11.82% 63.93%
Preferred Stocks
0.03% 0.00% 11.13% 41.48%

Stock Sector Breakdown

Weighting Return Low Return High PBHAX % Rank
Utilities
0.11% -0.04% 1.62% 13.97%
Energy
0.01% -0.06% 2.74% 47.38%
Technology
0.00% -0.17% 30.62% 61.35%
Real Estate
0.00% -0.03% 3.03% 61.85%
Industrials
0.00% 0.00% 13.99% 67.83%
Healthcare
0.00% 0.00% 14.35% 66.08%
Financial Services
0.00% -0.03% 17.51% 62.09%
Communication Services
0.00% -0.04% 2.00% 62.34%
Consumer Defense
0.00% -0.09% 4.47% 59.10%
Consumer Cyclical
0.00% -0.14% 15.44% 77.56%
Basic Materials
0.00% 0.00% 1.36% 65.34%

Stock Geographic Breakdown

Weighting Return Low Return High PBHAX % Rank
US
0.27% -0.43% 50.95% 44.69%
Non US
0.00% -0.01% 48.82% 66.53%

Bond Sector Breakdown

Weighting Return Low Return High PBHAX % Rank
Corporate
89.10% 0.00% 100.08% 77.76%
Cash & Equivalents
5.59% -1.24% 117.48% 39.08%
Securitized
4.72% 0.00% 60.24% 8.62%
Government
0.04% -5.69% 65.95% 29.46%
Municipal
0.00% 0.00% 100.03% 60.92%
Derivative
-0.10% -17.48% 8.43% 94.99%

Bond Geographic Breakdown

Weighting Return Low Return High PBHAX % Rank
US
76.82% -17.48% 99.77% 66.73%
Non US
16.81% 0.00% 53.13% 21.44%

PBHAX - Expenses

Operational Fees

PBHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.00% 6.42% 73.55%
Management Fee 0.39% 0.00% 1.00% 7.01%
12b-1 Fee 0.25% 0.00% 1.00% 40.00%
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

PBHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.25% 2.00% 5.75% 79.81%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PBHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PBHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.00% 5.00% 1334.00% 42.28%

PBHAX - Distributions

Dividend Yield Analysis

PBHAX Category Low Category High PBHAX % Rank
Dividend Yield 4.10% 0.00% 4.50% 2.81%

Dividend Distribution Analysis

PBHAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History