Enables calcium-dependent phospholipase A2 activity and lysophospholipase activity. Acts upstream of or within several processes, including arachidonic acid secretion; cellular response to antibiotic; and prostaglandin biosynthetic process. Located in cytosol; ruffle membrane; and vesicle. Orthologous to human PLA2G4F (phospholipase A2 group IVF). [provided by Alliance of Genome Resources, Apr 2022]