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 72 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 | PBHAX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | PBHAX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | PBHAX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | PBHAX vs VWEHX | |
| 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 63. There are 113 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 | PBHAX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | PBHAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | PBHAX vs RPHIX | |
| Intrepid Income Fund | 97 | — | Aug 2010 | PBHAX vs ICMUX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | PBHAX vs PSHNX |
Top Performing PBHAX Alternatives (YTD)
PBHAX is at 0.98% YTD. There are 127 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 | PBHAX vs XILSX | |
| Fairholme Focused Income Fund | 9.48% | — | Dec 2009 | PBHAX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.47% | — | Nov 1977 | PBHAX vs FAGIX | |
| Nuveen Global High Income Fund | 5.11% | — | Nov 2014 | PBHAX vs JGH | |
| Fidelity Advisor High Income Advantage Fund Class ... | 4.93% | — | Oct 2018 | PBHAX vs FIQTX |
Lowest Volatility Alternatives to PBHAX
PBHAX has 3.59% 1-year volatility. There are 147 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 | PBHAX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | PBHAX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | PBHAX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | PBHAX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | PBHAX vs OSTIX |
Lowest Drawdown Alternatives to PBHAX
PBHAX has a 1-year max drawdown of -2.48%. There are 100 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 | PBHAX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | PBHAX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | PBHAX vs CCLFX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | PBHAX vs MDHVX | |
| 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 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Jennison Growth Fund | Large Cap Growth Equities | 11 | 2.54% | — | Nov 1995 | PBHAX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 65 | 1.16% | — | Oct 2011 | PBHAX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 26 | -0.45% | — | Dec 2010 | PBHAX vs PTRQX | |
| PGIM Floating Rate Income Fund | Bank Loan | 97 | 2.71% | — | Mar 2011 | PBHAX vs FRFZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 24 | -0.50% | — | Jan 1997 | PBHAX vs PDBZX | |
| PGIM 60/40 Allocation Fund | Diversified Portfolio | 76 | 6.54% | — | Sep 2017 | PBHAX vs PALDX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 63 | 0.95% | — | Dec 2013 | PBHAX vs SDMZX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 67 | 1.05% | — | Oct 2012 | PBHAX vs HYSZX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 7 | 2.22% | — | Jun 2012 | PBHAX vs PWJZX | |
| PGIM Jennison Small Company Fund | Small Cap Growth Equities | 67 | 13.62% | — | Jan 1990 | PBHAX vs PGOAX |
Often Compared With PBHAX
Investors most often compare PBHAX with PFIUX, INPFX, VDIGX. These 20 comparison targets span 18 categories, based on PortfoliosLab usage data.
Compare PBHAX with Any Fund or Stock
Compare PBHAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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