PBSMX vs. PDBZX
Compare and contrast key facts about PGIM Short-Term Corporate Bond Fund (PBSMX) and PGIM Total Return Bond Fund Class Z (PDBZX).
PBSMX is managed by PGIM. It was launched on Sep 1, 1989. PDBZX is managed by PGIM. It was launched on Jan 14, 1997.
Performance
PBSMX vs. PDBZX - Performance Comparison
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PBSMX vs. PDBZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PBSMX PGIM Short-Term Corporate Bond Fund | -0.49% | 6.41% | 4.25% | 5.98% | -7.06% | -0.71% | 5.16% | 6.47% | 0.35% | 1.86% |
PDBZX PGIM Total Return Bond Fund Class Z | -0.53% | 7.70% | 2.87% | 7.70% | -14.33% | -1.46% | 8.01% | 14.76% | -0.72% | 6.60% |
Returns By Period
In the year-to-date period, PBSMX achieves a -0.49% return, which is significantly higher than PDBZX's -0.53% return. Over the past 10 years, PBSMX has underperformed PDBZX with an annualized return of 2.23%, while PDBZX has yielded a comparatively higher 2.93% annualized return.
PBSMX
- 1D
- 0.19%
- 1M
- -1.47%
- YTD
- -0.49%
- 6M
- 0.65%
- 1Y
- 3.94%
- 3Y*
- 4.66%
- 5Y*
- 1.71%
- 10Y*
- 2.23%
PDBZX
- 1D
- 0.50%
- 1M
- -2.52%
- YTD
- -0.53%
- 6M
- 0.58%
- 1Y
- 4.25%
- 3Y*
- 4.79%
- 5Y*
- 1.00%
- 10Y*
- 2.93%
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PBSMX vs. PDBZX - Expense Ratio Comparison
PBSMX has a 0.71% expense ratio, which is higher than PDBZX's 0.49% expense ratio.
Return for Risk
PBSMX vs. PDBZX — Risk / Return Rank
PBSMX
PDBZX
PBSMX vs. PDBZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Short-Term Corporate Bond Fund (PBSMX) and PGIM Total Return Bond Fund Class Z (PDBZX). 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.
| PBSMX | PDBZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.92 | 1.04 | +0.88 |
Sortino ratioReturn per unit of downside risk | 3.03 | 1.48 | +1.55 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.18 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 2.76 | 1.75 | +1.01 |
Martin ratioReturn relative to average drawdown | 10.84 | 5.12 | +5.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PBSMX | PDBZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | 1.04 | +0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.17 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 0.55 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.60 | 1.09 | +0.51 |
Correlation
The correlation between PBSMX and PDBZX is 0.78, 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
PBSMX vs. PDBZX - Dividend Comparison
PBSMX's dividend yield for the trailing twelve months is around 3.51%, less than PDBZX's 4.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBSMX PGIM Short-Term Corporate Bond Fund | 3.51% | 3.74% | 3.00% | 2.65% | 2.02% | 1.79% | 2.22% | 2.57% | 2.57% | 2.40% | 2.40% | 2.56% |
PDBZX PGIM Total Return Bond Fund Class Z | 4.19% | 4.54% | 4.79% | 4.60% | 5.73% | 2.73% | 2.94% | 10.36% | 4.01% | 2.87% | 3.92% | 3.33% |
Drawdowns
PBSMX vs. PDBZX - Drawdown Comparison
The maximum PBSMX drawdown since its inception was -10.70%, smaller than the maximum PDBZX drawdown of -20.88%. Use the drawdown chart below to compare losses from any high point for PBSMX and PDBZX.
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Drawdown Indicators
| PBSMX | PDBZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.70% | -20.88% | +10.18% |
Max Drawdown (1Y)Largest decline over 1 year | -1.65% | -3.06% | +1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -10.70% | -20.81% | +10.11% |
Max Drawdown (10Y)Largest decline over 10 years | -10.70% | -20.88% | +10.18% |
Current DrawdownCurrent decline from peak | -1.47% | -2.52% | +1.05% |
Average DrawdownAverage peak-to-trough decline | -0.88% | -2.31% | +1.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.42% | 1.05% | -0.63% |
Volatility
PBSMX vs. PDBZX - Volatility Comparison
The current volatility for PGIM Short-Term Corporate Bond Fund (PBSMX) is 0.66%, while PGIM Total Return Bond Fund Class Z (PDBZX) has a volatility of 1.72%. This indicates that PBSMX experiences smaller price fluctuations and is considered to be less risky than PDBZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PBSMX | PDBZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.66% | 1.72% | -1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 1.32% | 2.71% | -1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.29% | 4.59% | -2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.86% | 6.00% | -3.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.62% | 5.34% | -2.72% |