PGIM Active High Yield Bond ETF Price & Performance (PHYL)

PGIM High Yield Bond Fund, Global High Yield Fund, and Short Duration High Yield Opportunities Fund have announced their monthly distributions for March through May 2025. Payments will occur at the end of each month, offering investors returns from income and capital gains, though the exact composition remains undetermined.1

The Reserve Bank of India is expected to lower rates in April, with bond yields projected to drop sharply. Profit-taking by banks may stabilize yields until March-end. Experts recommend short-term and corporate bond funds as favorable investment options, given the anticipated steepening of the yield curve.2

Technical analysis for PGIM Active High Yield Bond ETF (PHYL) suggests shorting near $34.98 with a stop loss at $35.08. Resistance levels above $35.12 indicate potential buy signals. Analysts advise caution as the stock shows weak support levels, making it a high-risk trade.3