PGIM Broad Market U.S. High Yield Bond Fund USD S Distribution (Q)
ISIN IE000WJWE761 / Valor null
PGIM Broad Market U.S. High Yield Bond Fund USD S Distribution (Q)
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General Objective
The Fund aims to achieve a return through a combination of current income and capital appreciation while preserving invested capital. The Fund will use a relative value, fundamental credit approach to select opportunities in the U.S. high yield bond market.
Fund Exposure
The Fund seeks to achieve its objective by investing in a diversified portfolio consisting primarily of high yield bonds that are originated in the U.S. corporate bond markets. These bonds will largely be a mix of fixed and floating rate instruments rated below-investment grade and which are listed or traded on regulated markets globally.
Risks
Investors should be aware that the Fund may not be appropriate for those planning to sell their shares in the short term. Additionally, portfolio transaction costs, in addition to other charges, may have a material impact on the performance of the Fund.
Source
https://www.pgim.com/ucits/fund/pgim-broad-market-us-high-yield-bond-fund
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