PBHAX Alternatives & Similar Mutual Funds

PGIM High Yield Fund (PBHAX) 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 PBHAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PBHAX

PBHAX 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
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	PBHAX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.13%	25.70B	Nov 2001	PBHAX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	PBHAX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.23%	25.70B	Dec 1978	PBHAX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	PBHAX vs CRDOX

Best Risk-Adjusted Alternatives to PBHAX

PBHAX has a PortfoliosLab risk / return rank of 72. There are 109 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
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	PBHAX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	PBHAX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	PBHAX vs RPHIX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	97	—	Feb 2011	PBHAX vs SHOYX
FSHNX	Fidelity Series High Income Fund	97	—	Mar 2011	PBHAX vs FSHNX

Top Performing PBHAX Alternatives (YTD)

PBHAX is at 1.69% YTD. There are 90 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.

Symbol	Name	YTD Return	AUM	Inception
FAGIX	Fidelity Capital & Income Fund	8.43%	—	Nov 1977	PBHAX vs FAGIX
XILSX	Pioneer ILS Interval Fund	7.97%	—	Dec 2014	PBHAX vs XILSX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	7.64%	—	Oct 2018	PBHAX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	7.59%	—	Jul 1995	PBHAX vs FAHCX
FAHDX	Fidelity Advisor High Income Advantage Fund Class ...	7.39%	—	Jan 1987	PBHAX vs FAHDX

Lowest Volatility Alternatives to PBHAX

PBHAX has 3.56% 1-year volatility. There are 145 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	0.88%	—	Sep 2010	PBHAX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	0.88%	—	Mar 2019	PBHAX vs CCLFX
CWFIX	Chartwell Short Duration High Yield Fund	1.50%	—	Jul 2014	PBHAX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.63%	—	Oct 2012	PBHAX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.69%	—	Aug 2002	PBHAX vs OSTIX

Lowest Drawdown Alternatives to PBHAX

PBHAX has a 1-year max drawdown of -2.48%. There are 99 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
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	PBHAX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	PBHAX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	PBHAX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	PBHAX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	PBHAX 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
PJFAX	PGIM Jennison Growth Fund	Large Cap Growth Equities	18	9.23%	—	Nov 1995	PBHAX vs PJFAX
PHYQX	PGIM High Yield Fund Class R6	High Yield Bonds	75	1.85%	—	Oct 2011	PBHAX vs PHYQX
PTRQX	PGIM Total Return Bond R6	Intermediate Core-Plus Bond	28	0.68%	—	Dec 2010	PBHAX vs PTRQX
SDMZX	PGIM Short Duration Multi-Sector Bond Fund	Short-Term Bond	64	1.15%	—	Dec 2013	PBHAX vs SDMZX
PDBZX	PGIM Total Return Bond Fund Class Z	Intermediate Core-Plus Bond	27	0.72%	—	Jan 1997	PBHAX vs PDBZX
FRFZX	PGIM Floating Rate Income Fund	Bank Loan	94	2.29%	—	Mar 2011	PBHAX vs FRFZX
HYSZX	PGIM Short Duration High Yield Income Fund	High Yield Bonds	70	1.50%	—	Oct 2012	PBHAX vs HYSZX
PWJZX	PGIM Jennison International Opportunities Fund	Foreign Large Cap Equities	9	13.56%	—	Jun 2012	PBHAX vs PWJZX
PGOAX	PGIM Jennison Small Company Fund	Small Cap Growth Equities	40	11.50%	—	Jan 1990	PBHAX vs PGOAX
PBSMX	PGIM Short-Term Corporate Bond Fund	Short-Term Bond	55	0.50%	—	Sep 1989	PBHAX vs PBSMX

Often Compared With PBHAX

Investors most often compare PBHAX with PFIUX, INPFX, BND. These 20 comparison targets span 18 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PFIUX	PIMCO Dynamic Bond Fund	Nontraditional Bonds	64	1.10%	—	Jun 2008	PBHAX vs PFIUX
INPFX	American Funds Conservative Growth and Income Port...	Diversified Portfolio	63	5.06%	—	May 2012	PBHAX vs INPFX
BND	Vanguard Total Bond Market ETF	Total Bond Market	37	0.27%	389.80B	Apr 2007	PBHAX vs BND
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	S&P 500, Dividend	41	10.34%	7.30B	Oct 2015	PBHAX vs SPYD
VDIGX	Vanguard Dividend Growth Fund	Large Cap Blend Equities, Dividend	11	2.63%	36.80B	May 1992	PBHAX vs VDIGX
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	Government Bonds, Ultrashort Bond	100	1.49%	45.99B	May 2007	PBHAX vs BIL
VHYAX	Vanguard High Dividend Yield Index Fund Admiral Sh...	Large Cap Value Equities, Dividend	81	12.92%	94.60B	Feb 2019	PBHAX vs VHYAX
USHY	iShares Broad USD High Yield Corporate Bond ETF	High Yield Bonds	60	1.42%	26.83B	Oct 2017	PBHAX vs USHY
AGDAX	AB High Income Fund	High Yield Bonds	73	2.07%	—	Feb 1994	PBHAX vs AGDAX
PQTSX	PGIM TIPS Fund	Inflation-Protected Bonds	28	1.83%	—	Nov 2016	PBHAX vs PQTSX
ISD	PGIM High Yield Bond Fund	High Yield Bonds	4	-7.43%	—	Apr 2012	PBHAX vs ISD
PDGJX	Prudential Day One 2035 Fund	Target Retirement Date	75	8.61%	—	Dec 2016	PBHAX vs PDGJX
PDEZX	PGIM Jennison Emerging Markets Equity Opportunitie...	Emerging Markets Diversified	59	34.27%	—	Sep 2014	PBHAX vs PDEZX
PTEZX	PGIM Quant Solutions Large-Cap Core Equity Fund	Large Cap Blend Equities	79	12.32%	—	Mar 1999	PBHAX vs PTEZX
PURZX	PGIM Global Real Estate Fund	REIT	13	8.04%	—	May 1998	PBHAX vs PURZX
PRJZX	PGIM Jennison Global Opportunities Fund	Global Equities	9	9.40%	—	Mar 2012	PBHAX vs PRJZX
PSCZX	PGIM Jennison Small Company Fund Class Z	Small Cap Growth Equities	38	10.50%	—	Mar 1996	PBHAX vs PSCZX
PRNMX	PGIM National Muni Fund	Municipal Bonds	71	1.29%	—	Jan 1990	PBHAX vs PRNMX
GHY	PGIM Global High Yield Fund	High Yield Bonds	3	0.83%	—	Dec 2012	PBHAX vs GHY
PQCMX	PGIM Quant Solutions Commodity Strategies Fund	Commodities	81	31.12%	—	Nov 2016	PBHAX vs PQCMX

Compare PBHAX with Any Fund or Stock

Compare PBHAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair PBHAX with funds that move differently

PGIM High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PBHAX.

Explore PBHAX Diversifiers

PGIM High Yield Fund (PBHAX) Alternatives