PGIM High Yield Fund Class R6 (PHYQX) 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 PHYQX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PHYQX
PHYQX charges 0.38% annually. There are 7 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 | PHYQX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | PHYQX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | PHYQX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | PHYQX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | PHYQX vs CRDOX |
Best Risk-Adjusted Alternatives to PHYQX
PHYQX has a PortfoliosLab risk / return rank of 44. There are 125 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 | PHYQX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | PHYQX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | PHYQX vs RPHIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | PHYQX vs PSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | PHYQX vs CWFIX |
Top Performing PHYQX Alternatives (YTD)
PHYQX is at 1.16% YTD. There are 102 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.56% | — | Dec 2014 | PHYQX vs XILSX | |
| Fairholme Focused Income Fund | 10.04% | — | Dec 2009 | PHYQX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.94% | — | Nov 1977 | PHYQX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 5.45% | — | Oct 2018 | PHYQX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 5.40% | — | Jul 1995 | PHYQX vs FAHCX |
Lowest Volatility Alternatives to PHYQX
PHYQX has 3.61% 1-year volatility. There are 149 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 Class I Shares | 0.85% | — | Jun 2019 | PHYQX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.86% | — | Sep 2010 | PHYQX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | PHYQX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.69% | — | Oct 2012 | PHYQX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | PHYQX vs OSTIX |
Lowest Drawdown Alternatives to PHYQX
PHYQX has a 1-year max drawdown of -2.47%. There are 96 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 | PHYQX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | PHYQX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.21% | — | Sep 2010 | PHYQX vs RPHIX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | PHYQX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | PHYQX vs SCFIX |
Other Mutual Funds from PGIM
The 10 most viewed PGIM mutual funds shown here include PJFAX, PTRQX, FRFZX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Jennison Growth Fund | Large Cap Growth Equities | 10 | 3.75% | — | Nov 1995 | PHYQX vs PJFAX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 16 | -0.78% | — | Dec 2010 | PHYQX vs PTRQX | |
| PGIM Floating Rate Income Fund | Bank Loan | 95 | 2.71% | — | Mar 2011 | PHYQX vs FRFZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 16 | -0.75% | — | Jan 1997 | PHYQX vs PDBZX | |
| PGIM 60/40 Allocation Fund | Diversified Portfolio | 73 | 6.89% | — | Sep 2017 | PHYQX vs PALDX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 47 | 0.84% | — | Dec 2013 | PHYQX vs SDMZX | |
| PGIM High Yield Fund | High Yield Bonds | 40 | 0.98% | — | Jan 1990 | PHYQX vs PBHAX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 43 | 0.93% | — | Oct 2012 | PHYQX vs HYSZX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 7 | 2.74% | — | Jun 2012 | PHYQX vs PWJZX | |
| PGIM Jennison Small Company Fund | Small Cap Growth Equities | 65 | 13.48% | — | Jan 1990 | PHYQX vs PGOAX |
Often Compared With PHYQX
Investors most often compare PHYQX with FXNAX, PRHYX, FIWTX. These 20 comparison targets span 18 categories, based on PortfoliosLab usage data.
Compare PHYQX with Any Fund or Stock
Compare PHYQX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PHYQX with funds that move differently
PGIM High Yield Fund Class R6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PHYQX.
Explore PHYQX Diversifiers