PBHAX - PGIM High Yield Fund- Class A

Nasdaq - Nasdaq Delayed Price. Currency in USD

PGIM High Yield Fund- Class A

Newark, NJ 07102

100 Mulberry Street,Gateway Center Three

Dryden High Yield Fund Inc

Management information
,Lead manager since 4 March 2014
Robert Cignarella, CFA, is a Managing Director and Head of U.S. High Yield for PGIM Fixed Income. Mr. Cignarella is also the co-Head of the Global High Yield Strategy. Prior to joining the Firm in 2014, Mr. Cignarella was a managing director and co-head of high yield and bank loans at Goldman Sachs Asset Management. He also held positions as a high yield portfolio manager and a high yield and investment grade credit analyst. Earlier, he was a financial analyst in the investment banking division of Salomon Brothers. Mr. Cignarella received an MBA from the University of Chicago,
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryHigh Yield Bond
Fund familyPGIM Investments
Net assets18.02B
YTD return2.86%
Morningstar rating★★★★
Inception date5 Jun 2005

Fund operations

Last dividend0.10
Last cap gain-14.00
Holdings turnover38.00%
Average for categoryN/A

Fees and expenses

ExpensePBHAXCategory average
Annual report expense ratio (net)1.06%0.95%
Prospectus net expense ratio1.06%N/A
Prospectus gross expense ratio1.31%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A3.88%
Max deferred sales loadN/A1.28%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A