PGIM High Yield Bond Fund, Inc.
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.1%
1 yr return
-0.4%
3 Yr Avg Return
-6.4%
5 Yr Avg Return
-3.9%
Net Assets
$500 M
Holdings in Top 10
13.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.43%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 7.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XISDX - Profile
Distributions
- YTD Total Return -0.1%
- 3 Yr Annualized Total Return -6.4%
- 5 Yr Annualized Total Return -3.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.86%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePGIM High Yield Bond Fund, Inc.
-
Fund Family NamePGIM Investments
-
Inception DateApr 30, 2012
-
Shares Outstanding33256724
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert Spano
Fund Description
XISDX - Performance
Return Ranking - Trailing
Period | XISDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.1% | -8.4% | 17.7% | 96.38% |
1 Yr | -0.4% | -9.2% | 18.4% | 97.37% |
3 Yr | -6.4%* | -14.5% | 21.2% | 97.30% |
5 Yr | -3.9%* | -11.9% | 36.7% | 96.43% |
10 Yr | 0.9%* | -4.8% | 20.2% | 96.22% |
* Annualized
Return Ranking - Calendar
Period | XISDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | -4.7% | 14.3% | 88.18% |
2022 | -20.5% | -33.4% | 3.6% | 95.36% |
2021 | 1.6% | -8.4% | 8.2% | 14.63% |
2020 | -1.8% | -13.2% | 302.7% | 80.85% |
2019 | 9.8% | -4.4% | 13.3% | 8.56% |
Total Return Ranking - Trailing
Period | XISDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.1% | -8.4% | 17.7% | 96.38% |
1 Yr | -0.4% | -9.2% | 18.4% | 97.37% |
3 Yr | -6.4%* | -14.5% | 21.2% | 97.30% |
5 Yr | -3.9%* | -11.9% | 36.7% | 96.43% |
10 Yr | 0.9%* | -4.8% | 20.2% | 96.22% |
* Annualized
Total Return Ranking - Calendar
Period | XISDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | -4.7% | 18.7% | 98.36% |
2022 | -20.5% | -33.4% | 47.8% | 97.01% |
2021 | 1.6% | -8.4% | 12.4% | 93.46% |
2020 | -1.8% | -9.6% | 325.6% | 96.99% |
2019 | 13.1% | -3.8% | 21.6% | 60.47% |
NAV & Total Return History
XISDX - Holdings
Concentration Analysis
XISDX | Category Low | Category High | XISDX % Rank | |
---|---|---|---|---|
Net Assets | 500 M | 3.13 M | 25.3 B | 52.70% |
Number of Holdings | 605 | 2 | 3879 | 25.33% |
Net Assets in Top 10 | 83.1 M | -492 M | 5.25 B | 54.44% |
Weighting of Top 10 | 13.65% | 4.2% | 146.0% | 50.82% |
Top 10 Holdings
- Dreyfus Government Cash Mgmt Instl 3.81%
- Chesapeake Energy Corp Ordinary Shares - New 2.24%
- Prudential Invt Portfolios 2 1.71%
- Uniti Group LP/Uniti Fiber Holdings Inc/Uniti Group Finance 2019 Inc/CSL Ca 1.12%
- Vistra Operations Co LLC 5.625% 1.10%
- Refinitiv US Holdings Inc 8.25% 1.01%
- Bombardier Inc. 8.75% 0.96%
- Digicel Limited 6.75% 0.95%
- United Rentals (North America), Inc. 4.875% 0.94%
- OneMain Financial Corporation 7.125% 0.93%
Asset Allocation
Weighting | Return Low | Return High | XISDX % Rank | |
---|---|---|---|---|
Bonds | 90.65% | 0.00% | 145.36% | 84.12% |
Cash | 4.60% | -52.00% | 48.02% | 38.16% |
Stocks | 3.70% | 0.00% | 97.54% | 17.51% |
Convertible Bonds | 0.70% | 0.00% | 17.89% | 65.95% |
Preferred Stocks | 0.35% | 0.00% | 4.97% | 21.55% |
Other | 0.00% | -39.08% | 99.86% | 69.74% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XISDX % Rank | |
---|---|---|---|---|
Energy | 92.11% | 0.00% | 100.00% | 16.32% |
Utilities | 5.68% | 0.00% | 100.00% | 11.87% |
Consumer Cyclical | 2.21% | 0.00% | 100.00% | 30.56% |
Technology | 0.00% | 0.00% | 33.17% | 66.47% |
Real Estate | 0.00% | 0.00% | 86.71% | 62.02% |
Industrials | 0.00% | 0.00% | 93.12% | 66.17% |
Healthcare | 0.00% | 0.00% | 22.17% | 59.94% |
Financial Services | 0.00% | 0.00% | 100.00% | 64.09% |
Communication Services | 0.00% | 0.00% | 99.99% | 78.34% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 60.24% |
Basic Materials | 0.00% | 0.00% | 100.00% | 63.80% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XISDX % Rank | |
---|---|---|---|---|
US | 3.70% | 0.00% | 97.54% | 16.28% |
Non US | 0.00% | -0.01% | 2.00% | 60.36% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XISDX % Rank | |
---|---|---|---|---|
Corporate | 93.56% | 0.00% | 100.00% | 61.94% |
Cash & Equivalents | 4.98% | 0.00% | 48.02% | 27.96% |
Derivative | 1.46% | -14.58% | 42.26% | 4.44% |
Securitized | 0.00% | 0.00% | 97.24% | 73.81% |
Municipal | 0.00% | 0.00% | 1.17% | 53.54% |
Government | 0.00% | 0.00% | 99.07% | 66.39% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XISDX % Rank | |
---|---|---|---|---|
US | 78.13% | 0.00% | 126.57% | 86.18% |
Non US | 12.52% | 0.00% | 96.91% | 11.18% |
XISDX - Expenses
Operational Fees
XISDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.43% | 0.02% | 38.33% | 23.81% |
Management Fee | 0.80% | 0.00% | 1.75% | 93.28% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
XISDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
XISDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
XISDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 7.00% | 1.00% | 255.00% | 0.54% |
XISDX - Distributions
Dividend Yield Analysis
XISDX | Category Low | Category High | XISDX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 11.76% | 97.39% |
Dividend Distribution Analysis
XISDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Annual |
Net Income Ratio Analysis
XISDX | Category Low | Category High | XISDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 5.86% | -2.39% | 9.30% | 6.03% |
Capital Gain Distribution Analysis
XISDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 13, 2019 | $0.100 | OrdinaryDividend |
May 16, 2019 | $0.100 | OrdinaryDividend |
Apr 17, 2019 | $0.100 | OrdinaryDividend |
Mar 21, 2019 | $0.100 | OrdinaryDividend |
Feb 14, 2019 | $0.085 | OrdinaryDividend |
Dec 27, 2018 | $0.085 | OrdinaryDividend |
Dec 13, 2018 | $0.085 | OrdinaryDividend |
Nov 15, 2018 | $0.085 | OrdinaryDividend |
Oct 11, 2018 | $0.085 | OrdinaryDividend |
Sep 13, 2018 | $0.085 | OrdinaryDividend |
Aug 16, 2018 | $0.085 | OrdinaryDividend |
Jul 12, 2018 | $0.085 | OrdinaryDividend |
Jun 14, 2018 | $0.085 | OrdinaryDividend |
May 10, 2018 | $0.085 | OrdinaryDividend |
Apr 12, 2018 | $0.085 | OrdinaryDividend |
Mar 15, 2018 | $0.085 | OrdinaryDividend |
Feb 15, 2018 | $0.093 | OrdinaryDividend |
Dec 28, 2017 | $0.093 | OrdinaryDividend |
Dec 14, 2017 | $0.093 | OrdinaryDividend |
Nov 16, 2017 | $0.093 | OrdinaryDividend |
Oct 12, 2017 | $0.093 | OrdinaryDividend |
Sep 14, 2017 | $0.093 | OrdinaryDividend |
Aug 16, 2017 | $0.093 | OrdinaryDividend |
Jul 12, 2017 | $0.093 | OrdinaryDividend |
Jun 14, 2017 | $0.093 | OrdinaryDividend |
May 10, 2017 | $0.103 | OrdinaryDividend |
Apr 11, 2017 | $0.103 | OrdinaryDividend |
Mar 15, 2017 | $0.103 | OrdinaryDividend |
Feb 15, 2017 | $0.103 | OrdinaryDividend |
Dec 28, 2016 | $0.103 | OrdinaryDividend |
Dec 14, 2016 | $0.103 | OrdinaryDividend |
Nov 16, 2016 | $0.103 | OrdinaryDividend |
Oct 12, 2016 | $0.103 | OrdinaryDividend |
Sep 14, 2016 | $0.103 | OrdinaryDividend |
Aug 17, 2016 | $0.110 | OrdinaryDividend |
Jul 13, 2016 | $0.110 | OrdinaryDividend |
Jun 15, 2016 | $0.110 | OrdinaryDividend |
May 11, 2016 | $0.110 | OrdinaryDividend |
Apr 13, 2016 | $0.110 | OrdinaryDividend |
Mar 16, 2016 | $0.110 | OrdinaryDividend |
Feb 17, 2016 | $0.110 | OrdinaryDividend |
Dec 28, 2015 | $0.110 | OrdinaryDividend |
Dec 16, 2015 | $0.110 | OrdinaryDividend |
Nov 18, 2015 | $0.110 | OrdinaryDividend |
Oct 14, 2015 | $0.110 | OrdinaryDividend |
Sep 16, 2015 | $0.110 | OrdinaryDividend |
Aug 19, 2015 | $0.123 | OrdinaryDividend |
Jul 15, 2015 | $0.123 | OrdinaryDividend |
Jun 17, 2015 | $0.123 | OrdinaryDividend |
May 13, 2015 | $0.123 | OrdinaryDividend |
Apr 15, 2015 | $0.123 | OrdinaryDividend |
Mar 18, 2015 | $0.123 | OrdinaryDividend |
Feb 19, 2015 | $0.123 | OrdinaryDividend |
Dec 26, 2014 | $0.116 | ExtraDividend |
Dec 26, 2014 | $0.123 | OrdinaryDividend |
Dec 17, 2014 | $0.123 | OrdinaryDividend |
Nov 18, 2014 | $0.123 | OrdinaryDividend |
Oct 15, 2014 | $0.123 | OrdinaryDividend |
Sep 17, 2014 | $0.123 | OrdinaryDividend |
Aug 19, 2014 | $0.123 | OrdinaryDividend |
Jul 16, 2014 | $0.123 | OrdinaryDividend |
Jun 18, 2014 | $0.123 | OrdinaryDividend |
May 19, 2014 | $0.123 | OrdinaryDividend |
Apr 15, 2014 | $0.123 | OrdinaryDividend |
Mar 25, 2014 | $0.123 | OrdinaryDividend |
Feb 19, 2014 | $0.123 | OrdinaryDividend |
Dec 27, 2013 | $0.128 | ExtraDividend |
Dec 27, 2013 | $0.123 | OrdinaryDividend |
Dec 18, 2013 | $0.123 | OrdinaryDividend |
Nov 18, 2013 | $0.123 | OrdinaryDividend |
Oct 16, 2013 | $0.123 | OrdinaryDividend |
Sep 18, 2013 | $0.123 | OrdinaryDividend |
Aug 19, 2013 | $0.123 | OrdinaryDividend |
Jul 17, 2013 | $0.123 | OrdinaryDividend |
Jun 18, 2013 | $0.123 | OrdinaryDividend |
May 20, 2013 | $0.123 | OrdinaryDividend |
Apr 17, 2013 | $0.123 | OrdinaryDividend |
Mar 18, 2013 | $0.123 | OrdinaryDividend |
Feb 19, 2013 | $0.123 | OrdinaryDividend |
Dec 26, 2012 | $0.123 | OrdinaryDividend |
Dec 17, 2012 | $0.095 | ExtraDividend |
Dec 17, 2012 | $0.123 | OrdinaryDividend |
Nov 19, 2012 | $0.123 | OrdinaryDividend |
Oct 17, 2012 | $0.123 | OrdinaryDividend |
Sep 19, 2012 | $0.123 | OrdinaryDividend |
Aug 20, 2012 | $0.123 | OrdinaryDividend |
Jul 18, 2012 | $0.123 | OrdinaryDividend |
Jun 18, 2012 | $0.123 | OrdinaryDividend |
XISDX - Fund Manager Analysis
Managers
Robert Spano
Start Date
Tenure
Tenure Rank
Apr 26, 2012
10.1
10.1%
Robert Spano, CFA, CPA, is Principal and high yield portfolio manager for Prudential Fixed Income's High Yield Team. Prior to assuming his current position in 2007, Mr. Spano was a high yield credit analyst for 10 years in Prudential Fixed Income's Credit Research Group, covering the health, lodging, consumer, gaming, restaurants, and chemical industries. Earlier, he worked as an investment analyst in the Project Finance Unit of Prudential Financial’s private placement group. Mr. Spano also held positions in the internal audit and risk management units of Prudential Securities. He received a BS in Accounting from the University of Delaware and an MBA from New York University. Mr. Spano holds the Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations.
Ryan Kelly
Start Date
Tenure
Tenure Rank
Apr 26, 2012
10.1
10.1%
Ryan Kelly, CFA, is Principal and high yield portfolio manager for Prudential Fixed Income's High Yield Team. Prior to assuming his current position in 2012, Mr. Kelly was a high yield credit analyst for nearly 10 years in Prudential Fixed Income's Credit Research Group, covering the automotive, energy, and finance sectors. Previously, Mr. Kelly was a senior high yield bond analyst at Muzinich & Company. Earlier, he was a senior associate at PNC Capital Markets/PNC Bank where he worked in the high yield bond, mergers and acquisition (M&A) and loan syndication groups. Mr. Kelly began his career as an investment banker at Chase Manhattan Bank, working on project finance transactions and M&A advisory mandates for the electric power sector. He earned a BA in Economics from Michigan State University and holds the Chartered Financial Analyst (CFA) designation.
Daniel Thorogood
Start Date
Tenure
Tenure Rank
Apr 26, 2012
10.1
10.1%
Daniel Thorogood, CFA, is a Principal and a high yield portfolio manager for PGIM Fixed Income’s High Yield Team. Mr. Thorogood is also responsible for portfolio strategy and managing high yield bond allocations in multi-sector portfolios. Prior to joining the High Yield Team, Mr. Thorogood was a member of PGIM Fixed Income’s Quantitative Research and Risk Management Group. Mr. Thorogood was the head of a team of portfolio analysts who support the firm's credit-related strategies, including investment grade corporate, high yield corporate, and emerging market debt sectors. The team was primarily responsible for performing detailed portfolio analysis relative to benchmarks, monitoring portfolio risk exposures, and analyzing performance through proprietary return attribution models. Prior to joining the Quantitative Research and Risk Management Group in 1996, Mr. Thorogood was Associate Manager in PGIM Fixed Income's Trade Support and Operations Unit. He received a BS in Finance from Florida State University and an MBA in Finance from Rutgers University. Mr. Thorogood holds the Chartered Financial Analyst (CFA) designation.
Brian Clapp
Start Date
Tenure
Tenure Rank
Jun 01, 2013
9.0
9.0%
Brian Clapp, CFA, is Principal and high yield portfolio manager for PGIM Fixed Income's High Yield Team. Previously, Mr. Clapp was a senior high yield credit analyst on PGIM Fixed Income’s Credit Research team. He joined Prudential Financial in 2006 from Muzinich & Co. While there, Mr. Clapp held several positions, including portfolio manager for a high yield bond based hedge fund, hedge fund credit analyst, and credit analyst covering the chemical, industrial, and transportation sectors. Earlier at Triton Partners, an institutional high yield fund manager, Mr. Clapp was a credit analyst covering the metals and mining, healthcare, homebuilding, building products and transportation sectors. He received a BS in Finance from Bryant College, and an MS in Computational Finance, and an MBA from Carnegie Mellon. Mr. Clapp holds the Chartered Financial Analyst (CFA) designation.
Robert Cignarella
Start Date
Tenure
Tenure Rank
Mar 05, 2014
8.24
8.2%
Robert Cignarella, CFA, is a Managing Director and Head of PGIM Fixed Income's Leveraged Finance Team, which includes the US and European High Yield Bond and Bank Loan sector teams. Mr. Cignarella is also the co-Head of the Global High Yield Strategy. Prior to joining the firm in 2014, Mr. Cignarella was a managing director and co-head of high yield and bank loans at Goldman Sachs Asset Management. He also held positions as a high yield portfolio manager and a high yield and investment grade credit analyst. Earlier, he was a financial analyst in the investment banking division of Salomon Brothers. Mr. Cignarella received an MBA from the University of Chicago, and a bachelor’s degree in operations research and industrial engineering from Cornell University. He holds the Chartered Financial Analyst (CFA) designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.31 | 8.17 |