PGIM Global High Yield Fund (GHY) Alternatives
PGIM Global High Yield Fund (GHY) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GHY. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to GHY
GHY charges 0.03% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among GHY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset High Income Opportunity Fund Inc | 0.02% | Jan 1, 2009 | GHY vs HIO | |
| Western Asset High Yield Opportunity Fund Inc | 0.02% | Jul 20, 2010 | GHY vs HYI | |
| Western Asset Global High Income Fund Inc | 0.02% | Jan 1, 2010 | GHY vs EHI | |
| Nuveen Floating Rate Income Fund | 0.02% | Mar 24, 2004 | GHY vs JFR | |
| First Trust High Yield Opportunities 2027 Term Fun... | 0.02% | Jun 25, 2020 | GHY vs FTHY |
Best Risk-Adjusted Alternatives to GHY
Among mutual funds in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | Dec 16, 2014 | GHY vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | GHY vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | Sep 30, 2010 | GHY vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | GHY vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | GHY vs PRCPX |
Top Performing GHY Alternatives (YTD)
GHY alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.93% | Dec 31, 2009 | GHY vs FOCIX | |
| Pioneer ILS Interval Fund | 5.18% | Dec 16, 2014 | GHY vs XILSX | |
| RiverNorth Capital and Income Fund | 4.23% | — | GHY vs RSF | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | GHY vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | GHY vs CCLFX |
Lowest Volatility Alternatives to GHY
GHY alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.97% | Sep 30, 2010 | GHY vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | GHY vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.71% | Jul 15, 2014 | GHY vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | GHY vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | GHY vs SCFIX |
Lowest Drawdown Alternatives to GHY
GHY alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.21% | Dec 16, 2014 | GHY vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | GHY vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.46% | Mar 6, 2019 | GHY vs CCLFX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | GHY vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | GHY vs CPMPX |
Other Mutual Funds from PGIM
Most popular PGIM mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| PGIM High Yield Fund Class R6 | High Yield Bonds | 88 | -1.39% | Oct 31, 2011 | GHY vs PHYQX | |
| PGIM Jennison Growth Fund | Large Cap Growth Equities | 16 | -14.26% | Nov 2, 1995 | GHY vs PJFAX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 60 | -0.59% | Dec 27, 2010 | GHY vs PTRQX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 57 | -0.53% | Jan 14, 1997 | GHY vs PDBZX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 96 | -0.26% | Dec 23, 2013 | GHY vs SDMZX | |
| PGIM Floating Rate Income Fund | Bank Loan | 91 | -0.61% | Mar 29, 2011 | GHY vs FRFZX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 89 | -1.05% | Oct 26, 2012 | GHY vs HYSZX | |
| PGIM High Yield Fund | High Yield Bonds | 85 | -1.45% | Jan 22, 1990 | GHY vs PBHAX | |
| PGIM Short-Term Corporate Bond Fund | Short-Term Bond | 92 | -0.49% | Sep 1, 1989 | GHY vs PBSMX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 4 | -12.90% | Jun 4, 2012 | GHY vs PWJZX |
Often Compared With GHY
What investors most often compare with GHY, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Janus Henderson B-BBB CLO ETF | CLO | 49 | -0.81% | Jan 11, 2022 | GHY vs JBBB | |
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | GHY vs VOO | |
| iShares Interest Rate Hedged High Yield Bond ETF | High Yield Bonds, Actively Managed | 64 | 0.36% | May 27, 2014 | GHY vs HYGH | |
| AllianceBernstein Global High Income Closed Fund | High Yield Bonds | 9 | -3.52% | Jul 28, 1993 | GHY vs AWF | |
| JPMorgan Income ETF | Multisector Bonds | 96 | 0.41% | Oct 28, 2021 | GHY vs JPIE | |
| Janus Henderson AAA CLO ETF | CLO | 97 | 0.73% | Oct 16, 2020 | GHY vs JAAA | |
| PGIM High Yield Bond Fund | High Yield Bonds | 6 | -7.71% | Apr 30, 2012 | GHY vs ISD | |
| Schwab U.S. Large-Cap Growth ETF | Large Cap Growth Equities | 46 | -10.59% | Dec 11, 2009 | GHY vs SCHG | |
| Franklin Templeton SMACS: Series I | High Yield Bonds | 97 | 0.52% | Jun 3, 2019 | GHY vs FQTIX | |
| RiverPark Strategic Income Fund | High Yield Bonds | 96 | 0.36% | Sep 30, 2013 | GHY vs RSIIX | |
| Fidelity Capital & Income Fund | High Yield Bonds | 91 | -0.85% | Nov 1, 1977 | GHY vs FAGIX |
Compare GHY with Any Fund or Stock
Compare GHY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.