LLDYX vs. SDMZX
Compare and contrast key facts about Lord Abbett Short Duration Income Fund (LLDYX) and PGIM Short Duration Multi-Sector Bond Fund (SDMZX).
LLDYX is managed by Lord Abbett. It was launched on Oct 19, 2004. SDMZX is managed by PGIM Investments. It was launched on Dec 23, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LLDYX or SDMZX.
Correlation
The correlation between LLDYX and SDMZX is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LLDYX vs. SDMZX - Performance Comparison
Key characteristics
LLDYX:
2.26
SDMZX:
2.96
LLDYX:
3.94
SDMZX:
5.34
LLDYX:
1.75
SDMZX:
1.81
LLDYX:
5.98
SDMZX:
4.60
LLDYX:
19.81
SDMZX:
16.87
LLDYX:
0.31%
SDMZX:
0.34%
LLDYX:
2.73%
SDMZX:
1.91%
LLDYX:
-10.53%
SDMZX:
-9.76%
LLDYX:
-0.77%
SDMZX:
-0.90%
Returns By Period
In the year-to-date period, LLDYX achieves a 1.02% return, which is significantly higher than SDMZX's 0.52% return. Both investments have delivered pretty close results over the past 10 years, with LLDYX having a 2.46% annualized return and SDMZX not far ahead at 2.48%.
LLDYX
1.02%
-0.08%
1.83%
6.17%
2.97%
2.46%
SDMZX
0.52%
-0.56%
1.32%
5.66%
2.99%
2.48%
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LLDYX vs. SDMZX - Expense Ratio Comparison
LLDYX has a 0.38% expense ratio, which is lower than SDMZX's 0.46% expense ratio.
Risk-Adjusted Performance
LLDYX vs. SDMZX — Risk-Adjusted Performance Rank
LLDYX
SDMZX
LLDYX vs. SDMZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration Income Fund (LLDYX) and PGIM Short Duration Multi-Sector Bond Fund (SDMZX). 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
LLDYX vs. SDMZX - Dividend Comparison
LLDYX's dividend yield for the trailing twelve months is around 5.20%, more than SDMZX's 4.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLDYX Lord Abbett Short Duration Income Fund | 5.20% | 5.18% | 4.71% | 3.42% | 2.52% | 3.04% | 3.80% | 4.15% | 3.88% | 4.14% | 4.15% | 4.02% |
SDMZX PGIM Short Duration Multi-Sector Bond Fund | 4.50% | 4.85% | 4.35% | 4.22% | 3.01% | 3.10% | 3.69% | 3.49% | 2.64% | 2.79% | 3.30% | 3.44% |
Drawdowns
LLDYX vs. SDMZX - Drawdown Comparison
The maximum LLDYX drawdown since its inception was -10.53%, which is greater than SDMZX's maximum drawdown of -9.76%. Use the drawdown chart below to compare losses from any high point for LLDYX and SDMZX. For additional features, visit the drawdowns tool.
Volatility
LLDYX vs. SDMZX - Volatility Comparison
Lord Abbett Short Duration Income Fund (LLDYX) has a higher volatility of 1.09% compared to PGIM Short Duration Multi-Sector Bond Fund (SDMZX) at 0.62%. This indicates that LLDYX's price experiences larger fluctuations and is considered to be riskier than SDMZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.