FRFZX vs. PUCZX
Compare and contrast key facts about PGIM Floating Rate Income Fund (FRFZX) and PGIM Strategic Bond Fund Class Z (PUCZX).
FRFZX is managed by PGIM. It was launched on Mar 29, 2011. PUCZX is managed by Prudential. It was launched on Jul 9, 2015.
Performance
FRFZX vs. PUCZX - Performance Comparison
Loading graphics...
FRFZX vs. PUCZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRFZX PGIM Floating Rate Income Fund | -0.61% | 5.66% | 9.45% | 14.11% | -3.56% | 5.46% | 4.62% | 7.47% | -0.13% | 4.48% |
PUCZX PGIM Strategic Bond Fund Class Z | -0.93% | 8.47% | 6.46% | 8.20% | -13.74% | 0.05% | 6.28% | 14.89% | 1.09% | 7.48% |
Returns By Period
In the year-to-date period, FRFZX achieves a -0.61% return, which is significantly higher than PUCZX's -0.93% return. Over the past 10 years, FRFZX has outperformed PUCZX with an annualized return of 5.30%, while PUCZX has yielded a comparatively lower 4.47% annualized return.
FRFZX
- 1D
- -0.11%
- 1M
- -0.34%
- YTD
- -0.61%
- 6M
- 0.74%
- 1Y
- 4.85%
- 3Y*
- 8.27%
- 5Y*
- 5.44%
- 10Y*
- 5.30%
PUCZX
- 1D
- 0.48%
- 1M
- -2.65%
- YTD
- -0.93%
- 6M
- 0.58%
- 1Y
- 4.57%
- 3Y*
- 6.76%
- 5Y*
- 1.92%
- 10Y*
- 4.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FRFZX vs. PUCZX - Expense Ratio Comparison
FRFZX has a 0.70% expense ratio, which is higher than PUCZX's 0.62% expense ratio.
Return for Risk
FRFZX vs. PUCZX — Risk / Return Rank
FRFZX
PUCZX
FRFZX vs. PUCZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Floating Rate Income Fund (FRFZX) and PGIM Strategic Bond Fund Class Z (PUCZX). 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.
| FRFZX | PUCZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.95 | 1.34 | +0.61 |
Sortino ratioReturn per unit of downside risk | 3.26 | 1.93 | +1.32 |
Omega ratioGain probability vs. loss probability | 1.62 | 1.25 | +0.38 |
Calmar ratioReturn relative to maximum drawdown | 2.21 | 1.74 | +0.47 |
Martin ratioReturn relative to average drawdown | 9.23 | 6.46 | +2.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FRFZX | PUCZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | 1.34 | +0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.78 | 0.42 | +1.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.34 | 0.96 | +0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.36 | 0.96 | +0.40 |
Correlation
The correlation between FRFZX and PUCZX is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FRFZX vs. PUCZX - Dividend Comparison
FRFZX's dividend yield for the trailing twelve months is around 7.00%, more than PUCZX's 4.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRFZX PGIM Floating Rate Income Fund | 7.00% | 7.65% | 8.76% | 8.87% | 6.41% | 3.33% | 5.35% | 5.42% | 5.06% | 4.90% | 4.34% | 3.97% |
PUCZX PGIM Strategic Bond Fund Class Z | 4.75% | 5.12% | 6.40% | 7.62% | 5.17% | 3.65% | 5.06% | 8.81% | 4.56% | 4.52% | 6.49% | 0.00% |
Drawdowns
FRFZX vs. PUCZX - Drawdown Comparison
The maximum FRFZX drawdown since its inception was -21.95%, which is greater than PUCZX's maximum drawdown of -18.60%. Use the drawdown chart below to compare losses from any high point for FRFZX and PUCZX.
Loading graphics...
Drawdown Indicators
| FRFZX | PUCZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.95% | -18.60% | -3.35% |
Max Drawdown (1Y)Largest decline over 1 year | -2.23% | -3.11% | +0.88% |
Max Drawdown (5Y)Largest decline over 5 years | -7.85% | -18.60% | +10.75% |
Max Drawdown (10Y)Largest decline over 10 years | -21.95% | -18.60% | -3.35% |
Current DrawdownCurrent decline from peak | -0.85% | -2.65% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -0.93% | -3.41% | +2.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 0.84% | -0.28% |
Volatility
FRFZX vs. PUCZX - Volatility Comparison
The current volatility for PGIM Floating Rate Income Fund (FRFZX) is 0.60%, while PGIM Strategic Bond Fund Class Z (PUCZX) has a volatility of 1.62%. This indicates that FRFZX experiences smaller price fluctuations and is considered to be less risky than PUCZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FRFZX | PUCZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.60% | 1.62% | -1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 1.58% | 2.44% | -0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.72% | 3.87% | -1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.07% | 4.59% | -1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.96% | 4.69% | -0.73% |