Industry description
The investment seeks to provide a high level of current income.
Under normal market conditions, the fund will invest at least 80% of its investable assets in a diversified portfolio of high yield fixed income instruments that are below investment grade with varying maturities and other investments (including derivatives) with similar economic characteristics.
Volume
The average weekly volume growth across all stocks in the PGIM Short Duration High Yield Income C MF was 66%. For the same stocks of the MF, the average monthly volume growth was 73% and the average quarterly volume growth was 280%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 89
P/E Growth Rating: 100
Price Growth Rating: 35
SMR Rating: 67
Profit Risk Rating: 100
Seasonality Score: -39 (-100 ... +100)