PGIM High Yield Bond Fund (ISD) 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 ISD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ISD
ISD charges 0.02% annually. There are 3 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset High Yield Opportunity Fund Inc | 0.02% | — | Jul 2010 | ISD vs HYI | |
| Western Asset High Income Opportunity Fund Inc | 0.02% | — | Jan 2009 | ISD vs HIO | |
| Western Asset Global High Income Fund Inc | 0.02% | — | Jan 2010 | ISD vs EHI | |
| Nuveen Floating Rate Income Fund | 0.02% | — | Mar 2004 | ISD vs JFR | |
| First Trust High Yield Opportunities 2027 Term Fun... | 0.02% | — | Jun 2020 | ISD vs FTHY |
Best Risk-Adjusted Alternatives to ISD
ISD has a PortfoliosLab risk / return rank of 1. There are 202 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 | ISD vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | ISD vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | ISD vs RPHIX | |
| Intrepid Income Fund | 97 | — | Aug 2010 | ISD vs ICMUX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | ISD vs PSHNX |
Top Performing ISD Alternatives (YTD)
ISD is at -9.89% YTD. There are 203 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.04% | — | Dec 2014 | ISD vs XILSX | |
| Fairholme Focused Income Fund | 9.48% | — | Dec 2009 | ISD vs FOCIX | |
| RiverNorth Capital and Income Fund | 8.22% | — | — | ISD vs RSF | |
| Nuveen Floating Rate Income Fund | 5.94% | — | Mar 2004 | ISD vs JFR | |
| Fidelity Capital & Income Fund | 5.47% | — | Nov 1977 | ISD vs FAGIX |
Lowest Volatility Alternatives to ISD
ISD has 11.41% 1-year volatility. There are 200 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.83% | — | Sep 2010 | ISD vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | ISD vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | ISD vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | ISD vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | ISD vs OSTIX |
Lowest Drawdown Alternatives to ISD
ISD has a 1-year max drawdown of -13.52%. There are 201 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 | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | ISD vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | ISD vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | ISD vs CCLFX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | ISD vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | ISD vs SCFIX |
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 | 11 | 2.54% | — | Nov 1995 | ISD vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 65 | 1.16% | — | Oct 2011 | ISD vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 26 | -0.45% | — | Dec 2010 | ISD vs PTRQX | |
| PGIM Floating Rate Income Fund | Bank Loan | 97 | 2.71% | — | Mar 2011 | ISD vs FRFZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 24 | -0.50% | — | Jan 1997 | ISD vs PDBZX | |
| PGIM 60/40 Allocation Fund | Diversified Portfolio | 76 | 6.54% | — | Sep 2017 | ISD vs PALDX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 63 | 0.95% | — | Dec 2013 | ISD vs SDMZX | |
| PGIM High Yield Fund | High Yield Bonds | 63 | 0.98% | — | Jan 1990 | ISD vs PBHAX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 67 | 1.05% | — | Oct 2012 | ISD vs HYSZX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 7 | 2.22% | — | Jun 2012 | ISD vs PWJZX |
Often Compared With ISD
Investors most often compare ISD with GHY, QQQI, SDHY. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare ISD with Any Fund or Stock
Compare ISD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ISD with funds that move differently
PGIM High Yield Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ISD.
Explore ISD Diversifiers