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Upturn AI SWOT - About
PGIM Active High Yield Bond ETF (PHYL)
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Upturn Advisory Summary
10/24/2025: PHYL (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 19.22% | Avg. Invested days 73 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.87 | 52 Weeks Range 31.85 - 35.45 | Updated Date 06/29/2025 |
52 Weeks Range 31.85 - 35.45 | Updated Date 06/29/2025 |
Upturn AI SWOT
PGIM Active High Yield Bond ETF
ETF Overview
Overview
The PGIM Active High Yield Bond ETF (PHYD) is an actively managed ETF that seeks to generate high current income and, secondarily, capital appreciation by investing primarily in U.S. dollar-denominated high-yield corporate bonds.
Reputation and Reliability
PGIM Investments has a strong reputation as a global investment manager with a long track record of managing fixed income assets.
Management Expertise
The management team has extensive experience in high yield bond investing, with a dedicated team of credit analysts and portfolio managers.
Investment Objective
Goal
Seeks high current income with a secondary objective of capital appreciation.
Investment Approach and Strategy
Strategy: Actively managed, focusing on security selection and sector allocation within the high yield bond market.
Composition Primarily invests in U.S. dollar-denominated high-yield corporate bonds, also may allocate to other fixed income assets.
Market Position
Market Share: PHYD's market share in the high yield bond ETF sector is relatively small compared to larger, more established competitors.
Total Net Assets (AUM): 1182000000
Competitors
Key Competitors
- HYG
- JNK
- SPHY
- ANGL
- XJH
Competitive Landscape
The high yield bond ETF market is dominated by a few large, passively managed ETFs. PHYD offers an active management approach, which could provide outperformance potential but also carries higher fees. PHYD is smaller in AUM compared to competitors.
Financial Performance
Historical Performance: Historical performance data is not readily available in this response, but should be gathered from official ETF resources.
Benchmark Comparison: Benchmark comparison data is not readily available in this response, but should be gathered from official ETF resources.
Expense Ratio: 0.48
Liquidity
Average Trading Volume
The average trading volume for PHYD is moderate, indicating reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread for PHYD is generally tight, reflecting its trading volume and market efficiency.
Market Dynamics
Market Environment Factors
Economic growth, interest rate movements, and credit spreads in the high yield bond market significantly impact PHYD's performance.
Growth Trajectory
PHYD's growth trajectory is tied to the attractiveness of the high yield bond market and the fund's ability to generate alpha through active management.
Moat and Competitive Advantages
Competitive Edge
PHYD's competitive advantage lies in its active management strategy, which allows the portfolio managers to adjust the portfolio based on market conditions and security selection. The active approach potentially offers outperformance in a complex high-yield environment. PGIM's established expertise in fixed income and their research capabilities also provide an edge. It aims to capitalize on market inefficiencies and credit opportunities to enhance returns compared to passive high yield bond ETFs.
Risk Analysis
Volatility
PHYD's volatility is expected to be moderate to high, reflecting the inherent risk of high yield bonds.
Market Risk
PHYD is subject to credit risk (default risk of the issuers) and interest rate risk (sensitivity to changes in interest rates).
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking high current income, willing to accept moderate to high risk, and believes active management can add value in the high yield bond market.
Market Risk
PHYD is suitable for long-term investors seeking income and potential capital appreciation, and is appropriate for investors who are comfortable with higher levels of risk.
Summary
PGIM Active High Yield Bond ETF (PHYD) is an actively managed high yield bond ETF that aims to generate high current income and capital appreciation. It leverages PGIM's expertise in fixed income to select high yield bonds. Its active management approach differentiates it from passive ETFs, but also results in a higher expense ratio. Investors should be aware of the credit and interest rate risks associated with high yield bonds. PHYD is suitable for those seeking income and willing to accept moderate to high risk.
Peer Comparison
Sources and Disclaimers
Data Sources:
- PGIM Investments website
- ETF.com
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About PGIM Active High Yield Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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