PGIM Short Duration High Yield Opportunities Fund (SDHY) Alternatives
PGIM Short Duration High Yield Opportunities Fund (SDHY) 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 SDHY. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to SDHY
SDHY charges 0.70% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among SDHY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset High Income Opportunity Fund Inc | 0.02% | Jan 1, 2009 | SDHY vs HIO | |
| Western Asset High Yield Opportunity Fund Inc | 0.02% | Jul 20, 2010 | SDHY vs HYI | |
| Western Asset Global High Income Fund Inc | 0.02% | Jan 1, 2010 | SDHY vs EHI | |
| Nuveen Floating Rate Income Fund | 0.02% | Mar 24, 2004 | SDHY vs JFR | |
| PGIM High Yield Bond Fund | 0.02% | Apr 30, 2012 | SDHY vs ISD |
Best Risk-Adjusted Alternatives to SDHY
Among mutual funds in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | Dec 16, 2014 | SDHY vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | SDHY vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | Sep 30, 2010 | SDHY vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | SDHY vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | SDHY vs PRCPX |
Top Performing SDHY Alternatives (YTD)
SDHY alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.93% | Dec 31, 2009 | SDHY vs FOCIX | |
| Pioneer ILS Interval Fund | 5.18% | Dec 16, 2014 | SDHY vs XILSX | |
| RiverNorth Capital and Income Fund | 4.23% | — | SDHY vs RSF | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | SDHY vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | SDHY vs CCLFX |
Lowest Volatility Alternatives to SDHY
SDHY alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.97% | Sep 30, 2010 | SDHY vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | SDHY vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.71% | Jul 15, 2014 | SDHY vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | SDHY vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | SDHY vs SCFIX |
Lowest Drawdown Alternatives to SDHY
SDHY alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.21% | Dec 16, 2014 | SDHY vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | SDHY vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.46% | Mar 6, 2019 | SDHY vs CCLFX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | SDHY vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | SDHY vs CPMPX |
Other Mutual Funds from PGIM
Most popular PGIM mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| PGIM High Yield Fund Class R6 | High Yield Bonds | 88 | -1.39% | Oct 31, 2011 | SDHY vs PHYQX | |
| PGIM Jennison Growth Fund | Large Cap Growth Equities | 16 | -14.26% | Nov 2, 1995 | SDHY vs PJFAX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 60 | -0.59% | Dec 27, 2010 | SDHY vs PTRQX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 57 | -0.53% | Jan 14, 1997 | SDHY vs PDBZX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 96 | -0.26% | Dec 23, 2013 | SDHY vs SDMZX | |
| PGIM Floating Rate Income Fund | Bank Loan | 91 | -0.61% | Mar 29, 2011 | SDHY vs FRFZX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 89 | -1.05% | Oct 26, 2012 | SDHY vs HYSZX | |
| PGIM High Yield Fund | High Yield Bonds | 85 | -1.45% | Jan 22, 1990 | SDHY vs PBHAX | |
| PGIM Short-Term Corporate Bond Fund | Short-Term Bond | 92 | -0.49% | Sep 1, 1989 | SDHY vs PBSMX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 4 | -12.90% | Jun 4, 2012 | SDHY vs PWJZX |
Often Compared With SDHY
What investors most often compare with SDHY, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| iShares High Yield Bond Factor ETF | High Yield Bonds | 61 | -0.64% | Jul 11, 2017 | SDHY vs HYDB | |
| American Funds Multi-Sector Income Fund | Multisector Bonds | 67 | -1.59% | Mar 21, 2019 | SDHY vs MIAQX | |
| Janus Henderson AAA CLO ETF | CLO | 97 | 0.73% | Oct 16, 2020 | SDHY vs JAAA | |
| First Trust High Yield Opportunities 2027 Term Fun... | High Yield Bonds | 15 | -1.22% | Jun 25, 2020 | SDHY vs FTHY | |
| RiverPark Strategic Income Fund | High Yield Bonds | 96 | 0.36% | Sep 30, 2013 | SDHY vs RSIIX |
Compare SDHY with Any Fund or Stock
Compare SDHY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.