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PGIM High Yield Fund Class R6 (PHYQX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US74440Y8848

Issuer

PGIM Funds (Prudential)

Inception Date

Oct 31, 2011

Min. Investment

$0

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
PHYQX vs. PBHAX PHYQX vs. FXNAX PHYQX vs. PRHYX PHYQX vs. FIWTX PHYQX vs. SCHD PHYQX vs. FXAIX PHYQX vs. VITSX PHYQX vs. JEPQ PHYQX vs. FDRR PHYQX vs. PIMIX
Popular comparisons:
PHYQX vs. PBHAX PHYQX vs. FXNAX PHYQX vs. PRHYX PHYQX vs. FIWTX PHYQX vs. SCHD PHYQX vs. FXAIX PHYQX vs. VITSX PHYQX vs. JEPQ PHYQX vs. FDRR PHYQX vs. PIMIX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in PGIM High Yield Fund Class R6, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.48%
12.92%
PHYQX (PGIM High Yield Fund Class R6)
Benchmark (^GSPC)

Returns By Period

PGIM High Yield Fund Class R6 had a return of 7.97% year-to-date (YTD) and 14.10% in the last 12 months. Over the past 10 years, PGIM High Yield Fund Class R6 had an annualized return of 5.13%, while the S&P 500 had an annualized return of 11.16%, indicating that PGIM High Yield Fund Class R6 did not perform as well as the benchmark.


PHYQX

YTD

7.97%

1M

0.39%

6M

6.48%

1Y

14.10%

5Y (annualized)

4.25%

10Y (annualized)

5.13%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of PHYQX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.02%0.39%1.28%-1.10%1.25%1.01%2.11%1.43%2.04%-0.64%7.97%
20233.49%-1.58%1.19%1.24%-0.90%1.23%1.90%-0.04%-1.45%-1.48%4.44%3.92%12.36%
2022-2.46%-0.88%-1.38%-3.43%0.35%-6.34%5.28%-2.09%-4.31%2.17%2.14%-0.65%-11.51%
20210.67%0.63%0.17%1.38%0.47%1.01%0.47%0.63%0.25%-0.29%-1.01%0.86%5.36%
2020-0.34%-1.32%-12.70%4.40%5.10%0.71%4.65%1.07%-0.61%0.13%3.73%1.67%5.33%
20194.50%1.45%1.12%1.84%-1.06%2.74%0.55%0.40%0.66%0.00%0.73%2.36%16.27%
20180.89%-0.77%-0.54%0.50%0.17%0.54%1.08%0.96%0.28%-1.49%-0.75%-1.94%-1.12%
20171.28%1.78%-0.32%1.07%1.28%-0.14%1.39%-0.01%0.70%0.52%-0.39%0.35%7.75%
2016-1.38%0.57%4.25%3.32%0.55%0.56%2.66%2.05%0.57%0.15%-0.55%2.05%15.67%
20150.22%2.32%0.00%0.90%0.54%-1.26%0.04%-1.31%-2.08%2.50%-1.91%-2.51%-2.66%
20140.58%2.08%0.21%0.53%1.05%0.86%-1.50%1.76%-2.06%1.12%-0.37%-1.20%3.01%
20131.29%0.36%1.10%1.77%-0.64%-2.55%1.82%-0.65%1.09%2.36%0.54%0.56%7.17%

Expense Ratio

PHYQX features an expense ratio of 0.38%, falling within the medium range.


Expense ratio chart for PHYQX: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of PHYQX is 91, placing it in the top 9% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of PHYQX is 9191
Combined Rank
The Sharpe Ratio Rank of PHYQX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of PHYQX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of PHYQX is 9595
Omega Ratio Rank
The Calmar Ratio Rank of PHYQX is 7474
Calmar Ratio Rank
The Martin Ratio Rank of PHYQX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for PGIM High Yield Fund Class R6 (PHYQX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for PHYQX, currently valued at 3.60, compared to the broader market-1.000.001.002.003.004.005.003.602.54
The chart of Sortino ratio for PHYQX, currently valued at 6.54, compared to the broader market0.005.0010.006.543.40
The chart of Omega ratio for PHYQX, currently valued at 1.98, compared to the broader market1.002.003.004.001.981.47
The chart of Calmar ratio for PHYQX, currently valued at 2.10, compared to the broader market0.005.0010.0015.0020.0025.002.103.66
The chart of Martin ratio for PHYQX, currently valued at 22.62, compared to the broader market0.0020.0040.0060.0080.00100.0022.6216.26
PHYQX
^GSPC

The current PGIM High Yield Fund Class R6 Sharpe ratio is 3.60. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of PGIM High Yield Fund Class R6 with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.60
2.54
PHYQX (PGIM High Yield Fund Class R6)
Benchmark (^GSPC)

Dividends

Dividend History

PGIM High Yield Fund Class R6 provided a 7.49% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The fund has been increasing its distributions for 2 consecutive years.


6.00%6.50%7.00%$0.00$0.10$0.20$0.30$0.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.36$0.34$0.32$0.31$0.34$0.35$0.34$0.35$0.36$0.36$0.37$0.39

Dividend yield

7.49%7.11%7.14%5.63%6.12%6.31%6.70%6.39%6.50%7.03%6.73%6.72%

Monthly Dividends

The table displays the monthly dividend distributions for PGIM High Yield Fund Class R6. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.28
2023$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.02$0.02$0.03$0.05$0.34
2022$0.03$0.02$0.03$0.02$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.04$0.32
2021$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.03$0.31
2020$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2019$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.35
2018$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2017$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.35
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.36
2015$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.36
2014$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.37
2013$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.39

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.64%
-0.88%
PHYQX (PGIM High Yield Fund Class R6)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the PGIM High Yield Fund Class R6. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PGIM High Yield Fund Class R6 was 21.12%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.

The current PGIM High Yield Fund Class R6 drawdown is 0.64%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-21.12%Feb 24, 202021Mar 23, 2020114Sep 2, 2020135
-15.91%Nov 10, 2021221Sep 27, 2022377Mar 28, 2024598
-11.08%Jun 2, 2015177Feb 11, 201675May 31, 2016252
-5.71%Sep 4, 201473Dec 16, 201450Mar 2, 2015123
-5.55%Oct 3, 201858Dec 26, 201827Feb 5, 201985

Volatility

Volatility Chart

The current PGIM High Yield Fund Class R6 volatility is 0.68%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.68%
3.96%
PHYQX (PGIM High Yield Fund Class R6)
Benchmark (^GSPC)