PGIM Active High Yield Bond ETF

PGIM Active High Yield Bond Fund is a type of mutual fund designed to generate higher income through investments in non-investment-grade fixed income securities. The primary function of this fund is to provide investors with a diversified portfolio of high-yield bonds, commonly known as "junk bonds," which offer higher returns in exchange for increased credit risk. This fund actively seeks out opportunities within the high-yield sector, attempting to capitalize on the potential for elevated income streams compared to traditional investment-grade bonds. This mutual fund impacts sectors characterized by companies with lower credit ratings that often need access to capital at competitive rates. Industries often included are those undergoing restructuring or rapid growth phases that require heavier capital expenditures. In the financial market, the PGIM Active High Yield Bond Fund serves as a vital component for investors looking to enhance yield within their fixed income allocations, offering exposure to bonds that might otherwise be inaccessible to individual investors due to bond market size and complexity constraints.