BBMUX vs. PRNMX
Compare and contrast key facts about Bridge Builder Municipal Bond Fund (BBMUX) and PGIM National Muni Fund (PRNMX).
BBMUX is managed by Bridge Builder. It was launched on Sep 13, 2015. PRNMX is managed by PGIM Investments. It was launched on Jan 21, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBMUX or PRNMX.
Correlation
The correlation between BBMUX and PRNMX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BBMUX vs. PRNMX - Performance Comparison
Key characteristics
BBMUX:
1.06
PRNMX:
1.10
BBMUX:
1.56
PRNMX:
1.54
BBMUX:
1.23
PRNMX:
1.25
BBMUX:
0.87
PRNMX:
0.53
BBMUX:
3.62
PRNMX:
3.34
BBMUX:
0.78%
PRNMX:
0.77%
BBMUX:
2.67%
PRNMX:
2.35%
BBMUX:
-12.15%
PRNMX:
-12.72%
BBMUX:
-0.71%
PRNMX:
-1.67%
Returns By Period
The year-to-date returns for both stocks are quite close, with BBMUX having a 0.51% return and PRNMX slightly lower at 0.50%.
BBMUX
0.51%
0.92%
0.84%
2.84%
1.12%
N/A
PRNMX
0.50%
0.87%
0.62%
2.59%
0.46%
1.94%
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BBMUX vs. PRNMX - Expense Ratio Comparison
BBMUX has a 0.15% expense ratio, which is lower than PRNMX's 0.61% expense ratio.
Risk-Adjusted Performance
BBMUX vs. PRNMX — Risk-Adjusted Performance Rank
BBMUX
PRNMX
BBMUX vs. PRNMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bridge Builder Municipal Bond Fund (BBMUX) and PGIM National Muni Fund (PRNMX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BBMUX vs. PRNMX - Dividend Comparison
BBMUX's dividend yield for the trailing twelve months is around 3.09%, more than PRNMX's 2.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBMUX Bridge Builder Municipal Bond Fund | 3.09% | 3.38% | 2.94% | 2.40% | 1.93% | 2.30% | 2.61% | 2.35% | 1.95% | 1.88% | 0.64% | 0.00% |
PRNMX PGIM National Muni Fund | 2.69% | 2.94% | 2.40% | 2.04% | 1.88% | 2.50% | 3.07% | 3.43% | 3.43% | 3.59% | 3.61% | 3.64% |
Drawdowns
BBMUX vs. PRNMX - Drawdown Comparison
The maximum BBMUX drawdown since its inception was -12.15%, roughly equal to the maximum PRNMX drawdown of -12.72%. Use the drawdown chart below to compare losses from any high point for BBMUX and PRNMX. For additional features, visit the drawdowns tool.
Volatility
BBMUX vs. PRNMX - Volatility Comparison
Bridge Builder Municipal Bond Fund (BBMUX) has a higher volatility of 0.68% compared to PGIM National Muni Fund (PRNMX) at 0.59%. This indicates that BBMUX's price experiences larger fluctuations and is considered to be riskier than PRNMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.