PGIM Broad Market U.S. High Yield Bond Fund USD W AccumulationRegister to Unlock Ratings |
Performance History | 31/07/2024 |
Growth of 1,000 (GBP) | Advanced Graph |
Fund | 4.4 | 6.9 | -0.6 | 6.0 | 3.8 | |
+/-Cat | 2.6 | 1.9 | -0.8 | 1.0 | 0.7 | |
+/-B’mrk | 0.7 | 0.6 | -0.7 | -1.1 | 0.0 | |
Category: USD High Yield Bond | ||||||
Category Benchmark: Morningstar US HY Bd TR USD |
Key Stats | ||
NAV 14/08/2024 | USD 137.78 | |
Day Change | 0.00% | |
Morningstar Category™ | USD High Yield Bond | |
ISIN | IE00BF5H4X12 | |
Fund Size (Mil) 14/08/2024 | USD 1088.79 | |
Share Class Size (Mil) 14/08/2024 | USD 84.28 | |
Max Initial Charge | - | |
Ongoing Charge 14/02/2022 | 0.24% |
Morningstar Research |
Analyst Report | 03/07/2024 Eric Jacobson, Director Morningstar, Inc |
PGIM Broad Market U.S. High Yield benefits from a parent firm willing to provide resources and an experienced staff with a methodical, smart process. Its cheapest share classes earn a Morningstar Analyst Rating of Gold, while more expensive ones... | |
Click here to read this analyst report on the underlying fund. |
Morningstar Pillars | |
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People | 25 |
Parent | 24 |
Process | 25 |
Performance | |
Price |
Investment Objective: PGIM Broad Market U.S. High Yield Bond Fund USD W Accumulation |
The investment objective of the Fund is to achieve a return through a combination of current income and capital appreciation while preserving invested capital through investment. The benchmark of the Fund is the Bloomberg US High-Yield 1% Issuer Capped Index (the “Benchmark”). The Benchmark is an issuer-constrained version of the Bloomberg US High-Yield Index, which tracks the performance of the USD-denominated, non-investment-grade, fixed-rate, taxable corporate bond market. The Benchmark limits issuer exposures to a maximum 1% and redistributes the excess market value index-wide on a pro-rata basis. Securities must be rated below investment-grade (Ba1/BB+/BB+ or below) using the middle rating of Moody’s, S&P, and Fitch, and have at least 1 year until final maturity, to be included in the Benchmark. |
Returns | |||||||||||||
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Management | ||
Manager Name Start Date | ||
Brian Clapp 11/08/2016 | ||
Robert Spano 30/09/2021 | ||
Click here to see others | ||
Inception Date 18/05/2018 |
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Category Benchmark | |
Fund Benchmark | Morningstar Benchmark |
Bloomberg US HY 1% Issuer Cap TR USD | Morningstar US HY Bd TR USD |
Target Market | ||||||||||||||||||||
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Portfolio Profile for PGIM Broad Market U.S. High Yield Bond Fund USD W Accumulation | 31/07/2024 |
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