Leveraged Finance

Global High Yield

1132579781

Investment Objective

The investment objective of PGIM Fixed Income's Global High Yield Strategy is to outperform a global high yield index over a full market cycle. 1,2

Investment Philosophy

The Global High Yield Strategy places an emphasis on high yield opportunities around the world, in multiple countries and currencies.

Investment Process

PGIM Fixed Income employs a disciplined, three-step investment process to manage Global High Yield Portfolios:

Figure 1

1 There is no guarantee that these objectives will be met.

2 On average, over a full market cycle defined as three to five years.

No risk management technique can guarantee the mitigation of elimination of risk in any market environment.

Source: PGIM Fixed Income as of March 31, 2025.

Thank you for your interest in PGIM Fixed Income.

Let us help you navigate today's complex market environment.