PGIM Global Total Return Fund (GTRAX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GTRAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GTRAX
GTRAX charges 0.88% annually. There are 52 mutual funds in the Global Bonds category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | GTRAX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | GTRAX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 123.30B | May 2013 | GTRAX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | GTRAX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | GTRAX vs VTIBX |
Best Risk-Adjusted Alternatives to GTRAX
GTRAX has a PortfoliosLab risk / return rank of 6. There are 61 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 100 | — | Feb 1996 | GTRAX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | GTRAX vs DGFFX | |
| Eaton Vance Global Bond Fund | 96 | — | Jun 2007 | GTRAX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 83 | — | Jan 2008 | GTRAX vs DFSHX | |
| Payden Global Low Duration Fund | 80 | — | Sep 1996 | GTRAX vs PYGSX |
Top Performing GTRAX Alternatives (YTD)
GTRAX is at -0.83% YTD. There are 60 mutual funds in the Global Bonds category with higher YTD returns, going as high as 4.66%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 4.66% | — | Jun 2007 | GTRAX vs EAIIX | |
| Templeton Global Bond Fund | 3.49% | — | Sep 1986 | GTRAX vs TPINX | |
| Templeton Global Bond Fund - Class R | 3.37% | — | Feb 2009 | GTRAX vs FGBRX | |
| Destinations Global Fixed Income Opportunities Fun... | 3.02% | — | Mar 2017 | GTRAX vs DGFFX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | 2.79% | — | Oct 2006 | GTRAX vs GOBSX |
Lowest Volatility Alternatives to GTRAX
GTRAX has 5.18% 1-year volatility. There are 55 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 0.74%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.74% | — | Feb 1996 | GTRAX vs DFGFX | |
| Payden Global Low Duration Fund | 1.45% | — | Sep 1996 | GTRAX vs PYGSX | |
| DFA Five Year Global Fixed Income Portfolio | 1.56% | — | Nov 1990 | GTRAX vs DFGBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.65% | — | Jan 2008 | GTRAX vs DFSHX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | GTRAX vs SAXIX |
Lowest Drawdown Alternatives to GTRAX
GTRAX has a 1-year max drawdown of -4.60%. There are 55 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | -0.20% | — | Feb 1996 | GTRAX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | GTRAX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | GTRAX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | GTRAX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | GTRAX vs DFGBX |
Other Mutual Funds from PGIM
The 10 most viewed PGIM mutual funds shown here include PJFAX, PHYQX, PTRQX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Jennison Growth Fund | Large Cap Growth Equities | 17 | 5.98% | — | Nov 1995 | GTRAX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 46 | 1.37% | — | Oct 2011 | GTRAX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 13 | -0.53% | — | Dec 2010 | GTRAX vs PTRQX | |
| PGIM Floating Rate Income Fund | Bank Loan | 96 | 2.82% | — | Mar 2011 | GTRAX vs FRFZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 12 | -0.59% | — | Jan 1997 | GTRAX vs PDBZX | |
| PGIM 60/40 Allocation Fund | Diversified Portfolio | 80 | 7.82% | — | Sep 2017 | GTRAX vs PALDX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 42 | 0.95% | — | Dec 2013 | GTRAX vs SDMZX | |
| PGIM High Yield Fund | High Yield Bonds | 42 | 1.19% | — | Jan 1990 | GTRAX vs PBHAX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 46 | 1.17% | — | Oct 2012 | GTRAX vs HYSZX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 8 | 4.56% | — | Jun 2012 | GTRAX vs PWJZX |
Often Compared With GTRAX
Investors most often compare GTRAX with OTPIX, DIPSX, RNWGX. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare GTRAX with Any Fund or Stock
Compare GTRAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GTRAX with funds that move differently
PGIM Global Total Return Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GTRAX.
Explore GTRAX Diversifiers