Notable companies
The most notable companies in this group are Chesapeake Energy Corp (NASDAQ:CHK).
Industry description
The investment seeks total return, through a combination of current income and capital appreciation.
Under normal market conditions, the fund invests at least 80% of its investable assets in a diversified portfolio of high yield bonds that are below investment grade and other investments (including derivatives) with similar economic characteristics. It may invest in securities which are the subject of bankruptcy proceedings or otherwise in default as to the repayment of principal and/or interest at the time of acquisition by the fund or are rated in the lower rating categories or, if unrated, are in the judgment of the Subadviser of equivalent quality.
Market Cap
The average market capitalization across the PGIM Active High Yield Bond ETF ETF is 15.07B. The market cap for tickers in the group ranges from 11.74B to 11.74B. CHK holds the highest valuation in this group at 11.74B. The lowest valued company is CHK at 11.74B.
Volume
The average weekly volume growth across all stocks in the PGIM Active High Yield Bond ETF ETF was 9%. For the same stocks of the ETF, the average monthly volume growth was -10% and the average quarterly volume growth was -43%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 48
P/E Growth Rating: 40
Price Growth Rating: 43
SMR Rating: 37
Profit Risk Rating: 52
Seasonality Score: 16 (-100 ... +100)