PHYL stock forecast, quote, news & analysis

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.

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%