PGIMHigh Yield BondPHYL · NYSE Arca

PGIM Active High Yield Bond ETF (PHYL)

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Price: $34.25; —11 Sept 2026
Assets: $1.4B; Total net assets
Expense ratio: 0.39%; Category 0.85%
Yield: 7.63%; Trailing distributions

1Y return: 2.6%-0.5%; Category 3.1%
3Y CAGR: 8.3%+0.5%; Category 7.8%
5Y CAGR: 3.7%0.0%; Category 3.6%

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PGIM Active High Yield Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-0.9%	-0.5%	+2.2%	+1.2%	+2.6%	+8.3%	+3.7%	—	+5.2%
High Yield Bond average	-0.7%	-0.0%	2.6%	1.7%	3.1%	7.8%	3.6%	4.7%	4.7%
Difference	-0.3%	-0.4%	-0.4%	-0.5%	-0.5%	+0.5%	0.0%	—	+0.5%

Holdings

The 1 largest positions make up 1.0% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
PAAA	PGIM AAA CLO ETF	1.00%

Sector allocation

Share of the equity the fund holds.

Energy59.0%
Communication services41.1%

Asset mix

Bonds96.5%
Preferred shares1.7%
Cash1.6%
Stocks0.1%

Credit quality

Share of the bonds by rating.

US government2.1%
AAA1.4%
A0.1%
BBB7.9%
BB55.4%
B26.5%
Below B7.2%
Other1.5%

ETF details

Issuer: PGIM
Category: Fixed Income · High Yield Bond
Ticker: PHYL
Exchange: NYSE Arca
Inception: 24 Sept 2018 (8.0 years)
Structure: Exchange Traded Fund
Expense ratio: 0.39% (category 0.85%)
Holdings turnover: 56% (category 74%)
Distribution yield: 7.63%
Beta, 3 years: 0.72
Total net assets: $1.4B
Average duration: 6.69 years
Average maturity: 9.87 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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