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DBLTX vs. PDBAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

DBLTX vs. PDBAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Total Return Bond Fund Class I (DBLTX) and PGIM Total Return Bond Fund (PDBAX). The values are adjusted to include any dividend payments, if applicable.

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DBLTX vs. PDBAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DBLTX
DoubleLine Total Return Bond Fund Class I
-0.20%8.05%3.08%5.34%-12.56%0.24%4.13%5.81%1.76%3.80%
PDBAX
PGIM Total Return Bond Fund
-0.65%7.50%1.82%6.51%-14.52%-1.77%7.78%14.71%-0.97%6.30%

Returns By Period

In the year-to-date period, DBLTX achieves a -0.20% return, which is significantly higher than PDBAX's -0.65% return. Over the past 10 years, DBLTX has underperformed PDBAX with an annualized return of 1.83%, while PDBAX has yielded a comparatively higher 2.52% annualized return.


DBLTX

1D
0.57%
1M
-2.21%
YTD
-0.20%
6M
1.11%
1Y
4.50%
3Y*
4.26%
5Y*
0.83%
10Y*
1.83%

PDBAX

1D
0.50%
1M
-2.59%
YTD
-0.65%
6M
0.48%
1Y
4.00%
3Y*
3.97%
5Y*
0.42%
10Y*
2.52%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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DBLTX vs. PDBAX - Expense Ratio Comparison

DBLTX has a 0.50% expense ratio, which is lower than PDBAX's 0.76% expense ratio.


Return for Risk

DBLTX vs. PDBAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DBLTX
DBLTX Risk / Return Rank: 6363
Overall Rank
DBLTX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
DBLTX Sortino Ratio Rank: 6666
Sortino Ratio Rank
DBLTX Omega Ratio Rank: 4949
Omega Ratio Rank
DBLTX Calmar Ratio Rank: 7878
Calmar Ratio Rank
DBLTX Martin Ratio Rank: 5757
Martin Ratio Rank

PDBAX
PDBAX Risk / Return Rank: 5151
Overall Rank
PDBAX Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
PDBAX Sortino Ratio Rank: 5050
Sortino Ratio Rank
PDBAX Omega Ratio Rank: 3737
Omega Ratio Rank
PDBAX Calmar Ratio Rank: 7171
Calmar Ratio Rank
PDBAX Martin Ratio Rank: 4747
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DBLTX vs. PDBAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Total Return Bond Fund Class I (DBLTX) and PGIM Total Return Bond Fund (PDBAX). 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.


DBLTXPDBAXDifference

Sharpe ratio

Return per unit of total volatility

1.12

0.98

+0.14

Sortino ratio

Return per unit of downside risk

1.62

1.40

+0.23

Omega ratio

Gain probability vs. loss probability

1.20

1.17

+0.03

Calmar ratio

Return relative to maximum drawdown

1.84

1.62

+0.22

Martin ratio

Return relative to average drawdown

5.47

4.72

+0.75

DBLTX vs. PDBAX - Sharpe Ratio Comparison

The current DBLTX Sharpe Ratio is 1.12, which is comparable to the PDBAX Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of DBLTX and PDBAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


DBLTXPDBAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.12

0.98

+0.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.15

0.07

+0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.42

0.48

-0.06

Sharpe Ratio (All Time)

Calculated using the full available price history

0.92

1.09

-0.17

Correlation

The correlation between DBLTX and PDBAX 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.


Dividends

DBLTX vs. PDBAX - Dividend Comparison

DBLTX's dividend yield for the trailing twelve months is around 4.43%, more than PDBAX's 3.95% yield.


TTM20252024202320222021202020192018201720162015
DBLTX
DoubleLine Total Return Bond Fund Class I
4.43%4.86%5.03%4.35%3.86%3.12%3.39%3.66%3.74%3.65%3.72%4.11%
PDBAX
PGIM Total Return Bond Fund
3.95%4.27%3.76%3.55%5.49%2.47%2.68%10.32%3.74%2.60%3.65%2.94%

Drawdowns

DBLTX vs. PDBAX - Drawdown Comparison

The maximum DBLTX drawdown since its inception was -16.49%, smaller than the maximum PDBAX drawdown of -21.24%. Use the drawdown chart below to compare losses from any high point for DBLTX and PDBAX.


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Drawdown Indicators


DBLTXPDBAXDifference

Max Drawdown

Largest peak-to-trough decline

-16.49%

-21.24%

+4.75%

Max Drawdown (1Y)

Largest decline over 1 year

-2.88%

-3.07%

+0.19%

Max Drawdown (5Y)

Largest decline over 5 years

-16.49%

-21.01%

+4.52%

Max Drawdown (10Y)

Largest decline over 10 years

-16.49%

-21.24%

+4.75%

Current Drawdown

Current decline from peak

-2.21%

-2.75%

+0.54%

Average Drawdown

Average peak-to-trough decline

-2.38%

-2.48%

+0.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.97%

1.06%

-0.09%

Volatility

DBLTX vs. PDBAX - Volatility Comparison

DoubleLine Total Return Bond Fund Class I (DBLTX) has a higher volatility of 1.74% compared to PGIM Total Return Bond Fund (PDBAX) at 1.63%. This indicates that DBLTX's price experiences larger fluctuations and is considered to be riskier than PDBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DBLTXPDBAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.74%

1.63%

+0.11%

Volatility (6M)

Calculated over the trailing 6-month period

2.64%

2.70%

-0.06%

Volatility (1Y)

Calculated over the trailing 1-year period

4.23%

4.59%

-0.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.56%

5.99%

-0.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.38%

5.32%

-0.94%