PGIM Short Duration High Yield Income Fund (HYSZX) 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 HYSZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYSZX
HYSZX charges 0.75% annually. There are 71 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | HYSZX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | HYSZX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | HYSZX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | HYSZX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | HYSZX vs CRDOX |
Best Risk-Adjusted Alternatives to HYSZX
HYSZX has a PortfoliosLab risk / return rank of 69. There are 105 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | HYSZX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | HYSZX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | HYSZX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | HYSZX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | HYSZX vs PSHNX |
Top Performing HYSZX Alternatives (YTD)
HYSZX is at 1.66% YTD. There are 123 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | HYSZX vs XILSX | |
| Fairholme Focused Income Fund | 8.79% | — | Dec 2009 | HYSZX vs FOCIX | |
| Fidelity Capital & Income Fund | 7.46% | — | Nov 1977 | HYSZX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.76% | — | Oct 2018 | HYSZX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.70% | — | Jul 1995 | HYSZX vs FAHCX |
Lowest Volatility Alternatives to HYSZX
HYSZX has 2.84% 1-year volatility. There are 49 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | HYSZX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.85% | — | Sep 2010 | HYSZX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | HYSZX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | HYSZX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | HYSZX vs OSTIX |
Lowest Drawdown Alternatives to HYSZX
HYSZX has a 1-year max drawdown of -2.01%. There are 40 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | HYSZX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | HYSZX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | HYSZX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | HYSZX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | HYSZX vs SCFIX |
Other Mutual Funds from PGIM
The 10 most viewed PGIM mutual funds shown here include PJFAX, PHYQX, PTRQX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Jennison Growth Fund | Large Cap Growth Equities | 13 | 6.84% | — | Nov 1995 | HYSZX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 71 | 2.01% | — | Oct 2011 | HYSZX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 24 | 0.31% | — | Dec 2010 | HYSZX vs PTRQX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 58 | 1.18% | — | Dec 2013 | HYSZX vs SDMZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 23 | 0.34% | — | Jan 1997 | HYSZX vs PDBZX | |
| PGIM Floating Rate Income Fund | Bank Loan | 96 | 2.82% | — | Mar 2011 | HYSZX vs FRFZX | |
| PGIM 60/40 Allocation Fund | Diversified Portfolio | 78 | 7.60% | — | Sep 2017 | HYSZX vs PALDX | |
| PGIM High Yield Fund | High Yield Bonds | 67 | 1.83% | — | Jan 1990 | HYSZX vs PBHAX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 8 | 9.47% | — | Jun 2012 | HYSZX vs PWJZX | |
| PGIM Jennison Small Company Fund | Small Cap Growth Equities | 58 | 15.89% | — | Jan 1990 | HYSZX vs PGOAX |
Often Compared With HYSZX
Investors most often compare HYSZX with HYS, HYZD, FLRT. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare HYSZX with Any Fund or Stock
Compare HYSZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYSZX with funds that move differently
PGIM Short Duration High Yield Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYSZX.
Explore HYSZX Diversifiers