ISD vs. RSF

Last updated Apr 1, 2026

Compare and contrast key facts about PGIM High Yield Bond Fund (ISD) and RiverNorth Capital and Income Fund (RSF).

ISD is managed by PGIM. It was launched on Apr 30, 2012. RSF is managed by RiverNorth.

Performance

ISD vs. RSF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM High Yield Bond Fund (ISD) and RiverNorth Capital and Income Fund (RSF). The values are adjusted to include any dividend payments, if applicable.

ISD vs. RSF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISD PGIM High Yield Bond Fund	-7.71%	15.63%	22.05%	15.05%	-18.42%	15.72%	6.66%	28.41%	-5.03%	3.59%
RSF RiverNorth Capital and Income Fund	4.23%	4.62%	9.26%	9.03%	-1.62%	27.59%	3.10%	-12.10%	-1.41%	5.37%

Returns By Period

In the year-to-date period, ISD achieves a -7.71% return, which is significantly lower than RSF's 4.23% return.

ISD

• 1D: 4.36%
• 1M: -9.30%
• YTD: -7.71%
• 6M: -4.38%
• 1Y: 0.94%
• 3Y*: 12.75%
• 5Y*: 5.94%
• 10Y*: 7.39%

RSF

• 1D: 0.48%
• 1M: 2.27%
• YTD: 4.23%
• 6M: 4.54%
• 1Y: 7.78%
• 3Y*: 9.74%
• 5Y*: 8.04%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ISD vs. RSF - Expense Ratio Comparison

ISD has a 0.02% expense ratio, which is lower than RSF's 6.38% expense ratio.

RSF

RiverNorth Capital and Income Fund

ISD

PGIM High Yield Bond Fund

Return for Risk

ISD vs. RSF — Risk / Return Rank

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

ISD

ISD Risk / Return Rank: 6
ISD Sharpe Ratio Rank: 6
ISD Sortino Ratio Rank: 5
ISD Omega Ratio Rank: 6
ISD Calmar Ratio Rank: 8
ISD Martin Ratio Rank: 8

RSF

RSF Risk / Return Rank: 49
RSF Sharpe Ratio Rank: 39
RSF Sortino Ratio Rank: 39
RSF Omega Ratio Rank: 46
RSF Calmar Ratio Rank: 78
RSF Martin Ratio Rank: 42

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.

ISD vs. RSF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM High Yield Bond Fund (ISD) and RiverNorth Capital and Income Fund (RSF). 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.

	ISD	RSF	Difference
Sharpe ratio Return per unit of total volatility	0.06	0.86	-0.80
Sortino ratio Return per unit of downside risk	0.18	1.28	-1.11
Omega ratio Gain probability vs. loss probability	1.03	1.20	-0.17
Calmar ratio Return relative to maximum drawdown	0.09	1.87	-1.78
Martin ratio Return relative to average drawdown	0.34	4.42	-4.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ISD vs. RSF - Sharpe Ratio Comparison

The current ISD Sharpe Ratio is 0.06, which is lower than the RSF Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of ISD and RSF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ISD	RSF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.06	0.86	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.77	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.43	0.00

Correlation

The correlation between ISD and RSF is 0.19, 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

ISD vs. RSF - Dividend Comparison

ISD's dividend yield for the trailing twelve months is around 9.57%, less than RSF's 11.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ISD PGIM High Yield Bond Fund	9.57%	8.71%	9.21%	10.23%	10.61%	7.85%	8.40%	7.86%	7.89%	8.46%	8.28%	9.64%
RSF RiverNorth Capital and Income Fund	11.21%	11.30%	10.87%	10.85%	11.78%	9.52%	11.76%	6.92%	8.21%	9.22%	1.41%	0.00%

Drawdowns

ISD vs. RSF - Drawdown Comparison

The maximum ISD drawdown since its inception was -38.88%, which is greater than RSF's maximum drawdown of -30.61%. Use the drawdown chart below to compare losses from any high point for ISD and RSF.

Drawdown Indicators

	ISD	RSF	Difference
Max Drawdown Largest peak-to-trough decline	-38.88%	-30.61%	-8.27%
Max Drawdown (1Y) Largest decline over 1 year	-13.52%	-4.23%	-9.29%
Max Drawdown (5Y) Largest decline over 5 years	-25.45%	-10.02%	-15.43%
Max Drawdown (10Y) Largest decline over 10 years	-38.88%	—	—
Current Drawdown Current decline from peak	-9.67%	-3.45%	-6.22%
Average Drawdown Average peak-to-trough decline	-5.56%	-4.63%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	1.79%	+1.79%

Volatility

ISD vs. RSF - Volatility Comparison

PGIM High Yield Bond Fund (ISD) has a higher volatility of 7.95% compared to RiverNorth Capital and Income Fund (RSF) at 6.01%. This indicates that ISD's price experiences larger fluctuations and is considered to be riskier than RSF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ISD	RSF	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.95%	6.01%	+1.94%
Volatility (6M) Calculated over the trailing 6-month period	9.69%	7.30%	+2.39%
Volatility (1Y) Calculated over the trailing 1-year period	15.57%	9.07%	+6.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.30%	10.55%	+2.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.57%	11.32%	+3.25%