NTBIX vs. SCFZX

Last updated Apr 1, 2026

Compare and contrast key facts about Navigator Tactical Fixed Income Fund (NTBIX) and PGIM Securitized Credit Fund (SCFZX).

NTBIX is managed by Navigator Funds. It was launched on Mar 26, 2014. SCFZX is managed by PGIM. It was launched on Jun 30, 2019.

Performance

NTBIX vs. SCFZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Navigator Tactical Fixed Income Fund (NTBIX) and PGIM Securitized Credit Fund (SCFZX). The values are adjusted to include any dividend payments, if applicable.

NTBIX vs. SCFZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NTBIX Navigator Tactical Fixed Income Fund	-1.43%	2.98%	7.67%	10.57%	-8.71%	4.28%	8.96%	3.57%
SCFZX PGIM Securitized Credit Fund	0.60%	5.75%	9.41%	8.67%	-0.84%	5.27%	-0.33%	1.73%

Returns By Period

In the year-to-date period, NTBIX achieves a -1.43% return, which is significantly lower than SCFZX's 0.60% return.

NTBIX

• 1D: 0.02%
• 1M: -1.84%
• YTD: -1.43%
• 6M: -0.03%
• 1Y: 0.65%
• 3Y*: 5.40%
• 5Y*: 2.65%
• 10Y*: 4.38%

SCFZX

• 1D: 0.00%
• 1M: -0.31%
• YTD: 0.60%
• 6M: 2.11%
• 1Y: 5.31%
• 3Y*: 7.45%
• 5Y*: 5.17%
• 10Y*: —

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

NTBIX vs. SCFZX - Expense Ratio Comparison

NTBIX has a 0.95% expense ratio, which is higher than SCFZX's 0.65% expense ratio.

NTBIX

Navigator Tactical Fixed Income Fund

SCFZX

PGIM Securitized Credit Fund

Return for Risk

NTBIX vs. SCFZX — Risk / Return Rank

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

NTBIX

NTBIX Risk / Return Rank: 8
NTBIX Sharpe Ratio Rank: 9
NTBIX Sortino Ratio Rank: 7
NTBIX Omega Ratio Rank: 8
NTBIX Calmar Ratio Rank: 8
NTBIX Martin Ratio Rank: 8

SCFZX

SCFZX Risk / Return Rank: 99
SCFZX Sharpe Ratio Rank: 99
SCFZX Sortino Ratio Rank: 100
SCFZX Omega Ratio Rank: 100
SCFZX Calmar Ratio Rank: 99
SCFZX Martin Ratio Rank: 99

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.

NTBIX vs. SCFZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Navigator Tactical Fixed Income Fund (NTBIX) and PGIM Securitized Credit Fund (SCFZX). 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.

	NTBIX	SCFZX	Difference
Sharpe ratio Return per unit of total volatility	0.19	3.52	-3.33
Sortino ratio Return per unit of downside risk	0.25	9.84	-9.59
Omega ratio Gain probability vs. loss probability	1.04	3.61	-2.56
Calmar ratio Return relative to maximum drawdown	0.10	6.24	-6.14
Martin ratio Return relative to average drawdown	0.26	25.35	-25.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NTBIX vs. SCFZX - Sharpe Ratio Comparison

The current NTBIX Sharpe Ratio is 0.19, which is lower than the SCFZX Sharpe Ratio of 3.52. The chart below compares the historical Sharpe Ratios of NTBIX and SCFZX, 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

	NTBIX	SCFZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.19	3.52	-3.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	2.74	-2.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.87	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	1.31	-0.42

Correlation

The correlation between NTBIX and SCFZX is 0.02, 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

NTBIX vs. SCFZX - Dividend Comparison

NTBIX's dividend yield for the trailing twelve months is around 4.68%, less than SCFZX's 4.75% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NTBIX Navigator Tactical Fixed Income Fund	4.68%	5.02%	6.33%	5.49%	2.37%	6.72%	5.68%	2.36%	3.01%	4.35%	6.20%	2.61%
SCFZX PGIM Securitized Credit Fund	4.75%	5.25%	6.55%	5.58%	4.97%	2.56%	3.08%	2.43%	0.00%	0.00%	0.00%	0.00%

Drawdowns

NTBIX vs. SCFZX - Drawdown Comparison

The maximum NTBIX drawdown since its inception was -11.44%, smaller than the maximum SCFZX drawdown of -17.20%. Use the drawdown chart below to compare losses from any high point for NTBIX and SCFZX.

Drawdown Indicators

	NTBIX	SCFZX	Difference
Max Drawdown Largest peak-to-trough decline	-11.44%	-17.20%	+5.76%
Max Drawdown (1Y) Largest decline over 1 year	-4.86%	-0.93%	-3.93%
Max Drawdown (5Y) Largest decline over 5 years	-11.44%	-4.13%	-7.31%
Max Drawdown (10Y) Largest decline over 10 years	-11.44%	—	—
Current Drawdown Current decline from peak	-2.04%	-0.31%	-1.73%
Average Drawdown Average peak-to-trough decline	-1.79%	-1.09%	-0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	0.23%	+1.65%

Volatility

NTBIX vs. SCFZX - Volatility Comparison

Navigator Tactical Fixed Income Fund (NTBIX) has a higher volatility of 1.31% compared to PGIM Securitized Credit Fund (SCFZX) at 0.22%. This indicates that NTBIX's price experiences larger fluctuations and is considered to be riskier than SCFZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NTBIX	SCFZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.31%	0.22%	+1.09%
Volatility (6M) Calculated over the trailing 6-month period	1.83%	1.03%	+0.80%
Volatility (1Y) Calculated over the trailing 1-year period	3.53%	1.65%	+1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.73%	1.90%	+2.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.08%	3.38%	+1.70%