PGIM Active is selling for 35.44 as of the 28th of November 2024. This is a 0.17 percent increase since the beginning of the trading day. The etf's lowest day price was 35.37. PGIM Active has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for PGIM Active High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its investable assets in a diversified portfolio of high yield bonds that are below investment grade and other investments with similar economic characteristics. PGIM Active is traded on NYSEARCA Exchange in the United States.. More on PGIM Active High
PGIM Active High [PHYL] is traded in USA and was established 2018-09-24. The fund is listed under High Yield Bond category and is part of PGIM Investments family. The entity is thematically classified as High Yield ETFs. PGIM Active High at this time have 85.62 M in assets. , while the total return for the last 3 years was 3.0%.
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Geographic Allocation (%)
PGIM Active High Currency Exposure
PGIM Active High holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of PGIM Active will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in PGIM Active High.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PGIM Active. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether PGIM Active High is a strong investment it is important to analyze PGIM Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PGIM Active's future performance. For an informed investment choice regarding PGIM Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PGIM Active High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of PGIM Active High is measured differently than its book value, which is the value of PGIM that is recorded on the company's balance sheet. Investors also form their own opinion of PGIM Active's value that differs from its market value or its book value, called intrinsic value, which is PGIM Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PGIM Active's market value can be influenced by many factors that don't directly affect PGIM Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PGIM Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGIM Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGIM Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.