PGAVX Performance — PGIM ESG High Yield Fund, Class Z
Data updated: 2025-04-22
PGAVX returned +9.62% over one year to Feb 2025. The annualised 3-year return is +4.25%. The fund trailed its Alternative category average: $100 invested three years ago grew to $113, against $146 for the category, and to $110 over one year, against $136. Volatility over the past three years was 8.60% a year. In the 12 months to Feb 2025 the fund took in a net $185K, and assets reached $26.33M.
PGAVX Growth of $100
What $100 invested in PGIM ESG High Yield Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | PGAVX | Category average |
|---|---|---|
| 1 year (Mar 2024 – Feb 2025) | $110 | $136 |
| 3 years (Mar 2022 – Feb 2025) | $113 | $146 |
| Since data start (Dec 2021 – Feb 2025) | $109 | $140 |
PGAVX Trailing Returns
Total returns to Feb 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +9.62% |
| 3 years (annualised) | +4.25% |
PGAVX Annual Returns
Calendar-year total returns of PGIM ESG High Yield Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Feb) | +1.79% |
| 2024 | +8.11% |
| 2023 | +13.06% |
| 2022 | −12.60% |
| 2021 (Dec–Dec) | +0.58% |
PGAVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +1.4% | +0.4% | — | — | — | — | — | — | — | — | — | — |
| 2024 | −0.1% | +0.5% | +1.3% | −1.3% | +1.2% | +1.0% | +1.9% | +1.5% | +1.9% | −0.7% | +1.0% | −0.4% |
| 2023 | +3.5% | −1.6% | +1.6% | +1.1% | −0.9% | +1.6% | +1.8% | −0.1% | −1.5% | −1.2% | +4.5% | +3.9% |
| 2022 | −2.9% | −1.2% | −1.2% | −3.9% | +0.2% | −6.9% | +5.8% | −2.5% | −4.6% | +2.9% | +1.8% | −0.4% |
| 2021 | — | — | — | — | — | — | — | — | — | — | — | +0.6% |
PGAVX Risk
Risk measures from monthly returns over Mar 2022 – Feb 2025.
- 3-year volatility (annualised): 8.60%
- 3-year Sharpe ratio: -0.03 (vs 4.5% risk-free rate)
- Best month: +5.81% (Jul 2022)
- Worst month: −6.91% (Jun 2022)
PGAVX Fund Flows
Monthly money in and out of PGIM ESG High Yield Fund, from SEC Form N-PORT.
- 12-month net flow: $185K
- 12-month gross sales (incl. reinvestments): $310K
- Sales ÷ redemptions: 2.48×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2025 | $5K | $54K | −$50K |
| Jan 2025 | $5K | $325 | $5K |
| Dec 2024 | $10K | $6K | $3K |
| Nov 2024 | $6K | $313 | $5K |
| Oct 2024 | $5K | $25K | −$20K |
| Sep 2024 | $76K | $302 | $75K |
| Aug 2024 | $6K | $299 | $6K |
| Jul 2024 | $111K | $3K | $108K |
| Jun 2024 | $19K | $8K | $11K |
| May 2024 | $9K | $2K | $8K |
| Apr 2024 | $28K | $5K | $23K |
| Mar 2024 | $33K | $22K | $11K |
PGAVX Assets Under Management
Net assets of PGIM ESG High Yield Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-02-28 | $26.33M |
| 2024-11-29 | $26.52M |
| 2024-08-30 | $26.28M |
| 2024-05-31 | $25.42M |
| 2024-02-29 | $25.48M |
| 2023-11-30 | $24.28M |
| 2023-08-31 | $23.84M |
| 2023-05-31 | $23.05M |
| 2023-02-28 | $22.67M |
| 2022-11-30 | $22.56M |
| 2022-08-31 | $22.29M |
| 2022-05-31 | $23.21M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.