PGIM European High Yield ESG Bond Fund NOK Hedged I Accumulation Class
ISIN IE000L98RIZ5 / Valor null
PGIM European High Yield ESG Bond Fund NOK Hedged I Accumulation Class
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General Objective
The objective of the fund is to seek a return through a combination of current income and capital appreciation while applying environmental, social, and governance ("ESG") principles in the selection of securities. The fund aims to achieve this objective by investing in a diversified portfolio consisting primarily of high yield bonds originated in the European corporate bond markets.
Fund Exposure
The fund will use a relative value, fundamental credit approach to select opportunities in the European high yield bond market. It will invest in high yield bonds that are a mix of fixed and floating rate instruments rated below investment grade. The fund will primarily focus on the European high yield markets, including bonds issued by European and non-European issuers, payable in various currencies.
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 fund's performance. It is important to note that there is no assurance that the fund's objective will be achieved.
Source
https://www.pgim.com/ucits/fund/pgim-european-high-yield-bond-fund
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