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home / news releases / PHYL - Quick Thoughts: Defensive On The Curve

PHYL - Quick Thoughts: Defensive On The Curve

PGIM Active High Yield Bond
  • The short-term high yield and floating rate loan markets may provide opportunities as interest rates rise.
  • The composition of the high-yield market has moved toward higher credit quality with opportunities for ratings upgrades.
  • Floating rate loans (bank loans) provide investors higher income as interest rates rise.

For further details see:

Quick Thoughts: Defensive On The Curve
Stock Information
Company Name: PGIM Active High Yield Bond
Stock Symbol: PHYL
Market: NYSE
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