Prudential Trust Company
High Yield Bond
The objective of the Prudential High Yield Fund (the "Fund") is to outperform the Barclays High-Yield Ba/B 1% Issuer Capped Bond Index (the "Benchmark") over a full market cycle. There is no assurance that such objective will be achieved.
The Fund will invest primarily in publicly traded fixed income securities rated below investment grade by a Nationally Recognized Statistical Rating Organization. The Fund aims to generate excess return with emphasis on the "higher quality" segment of the high yield market.
Fund fact sheet