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PBHAX Prudential High-Yield A

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Fund PBHAX Prudential High-Yield A ANGL VanEck Vectors Fallen Angel HiYld Bd ETF FIHLX Federated Instl High Yield Bond R6  
Similarity
?
100% 91% 91%
Annual Fees
?
$83.67
(0.82% Exp. Ratio)
$35.71
(0.35% Exp. Ratio)
$50.00
(0.49% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.03% annual return
$14,282.44 $16,458.81 $15,779.06
Est. savings over 30 yrs +$2,176.37 +$1,496.62
Return
As of 10/31/16
1 YR RETURN 8.76%
3 YR 4.51%
5 YR 6.78%
10 YR 7.09%
1 YR RETURN 18.05%
3 YR 8.71%
5 YR --
10 YR --
1 YR RETURN 8.76%
3 YR 4.93%
5 YR 7.33%
10 YR 7.67%
Description
The investment seeks to maximize current income; and capital appreciation is a secondary objective. The fund normally invests at least 80% of its investable assets in a diversified portfolio of high yield fixed-income instruments rated Ba or lower by Moody's Investors Service (Moody's) or BB or lower by Standard & Poor's Ratings Group (Standard & Poor's), and instruments either rated by another nationally recognized statistical rating organization (NRSRO), or considered to be of comparable quality, that is, junk bonds.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the BofA Merrill Lynch US Fallen Angel High Yield Index (the "Fallen Angel Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of below investment grade corporate bonds denominated in U.S. dollars that were rated investment grade at the time of issuance.
The investment seeks high current income. The fund pursues its investment objective by investing primarily in a diversified portfolio of high yield corporate bonds (also known as "junk bonds"), including loans and debt securities issued by U.S. or foreign businesses (including emerging market debt securities). The Adviser does not limit the fund's investments to securities of a particular maturity range. It may invest in derivative contracts (for example, futures contracts, option contracts and swap contracts) to implement its investment strategies.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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