Trend Table for PHYL - PGIM Active High Yield Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 19	B	Weak or Absent	Flat	Flat	Flat	14.87%
May 18	B	Weak or Absent	Flat	Flat	Flat	14.75%
May 17	B	Weak or Absent	Flat	Flat	Flat	14.62%
May 16	B	Weak or Absent	Flat	Flat	Flat	14.70%
May 15	A	Weak or Absent	Up	Up	Flat	14.25%
May 12	A	Weak or Absent	Up	Up	Flat	14.24%
May 11	A	Weak or Absent	Up	Up	Flat	14.06%
May 10	A	Weak or Absent	Up	Up	Flat	14.08%
May 9	B	Weak or Absent	Flat	Up	Flat	14.59%
May 8	B	Weak or Absent	Flat	Up	Flat	14.46%