PBSMX vs. PTRQX
Compare and contrast key facts about PGIM Short-Term Corporate Bond Fund (PBSMX) and PGIM Total Return Bond R6 (PTRQX).
PBSMX is managed by PGIM. It was launched on Sep 1, 1989. PTRQX is managed by PGIM. It was launched on Dec 27, 2010.
Performance
PBSMX vs. PTRQX - Performance Comparison
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PBSMX vs. PTRQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PBSMX PGIM Short-Term Corporate Bond Fund | -0.30% | 6.41% | 4.25% | 5.98% | -7.06% | -0.71% | 5.16% | 6.47% | 0.35% | 1.86% |
PTRQX PGIM Total Return Bond R6 | -0.35% | 7.81% | 3.06% | 7.80% | -14.30% | -1.37% | 8.13% | 10.85% | -0.73% | 6.67% |
Returns By Period
In the year-to-date period, PBSMX achieves a -0.30% return, which is significantly higher than PTRQX's -0.35% return. Over the past 10 years, PBSMX has underperformed PTRQX with an annualized return of 2.25%, while PTRQX has yielded a comparatively higher 2.66% annualized return.
PBSMX
- 1D
- 0.19%
- 1M
- -1.01%
- YTD
- -0.30%
- 6M
- 0.75%
- 1Y
- 4.13%
- 3Y*
- 4.73%
- 5Y*
- 1.73%
- 10Y*
- 2.25%
PTRQX
- 1D
- 0.25%
- 1M
- -1.87%
- YTD
- -0.35%
- 6M
- 0.55%
- 1Y
- 4.17%
- 3Y*
- 4.98%
- 5Y*
- 1.05%
- 10Y*
- 2.66%
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PBSMX vs. PTRQX - Expense Ratio Comparison
PBSMX has a 0.71% expense ratio, which is higher than PTRQX's 0.39% expense ratio.
Return for Risk
PBSMX vs. PTRQX — Risk / Return Rank
PBSMX
PTRQX
PBSMX vs. PTRQX - 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 R6 (PTRQX). 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 | PTRQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.84 | 1.02 | +0.82 |
Sortino ratioReturn per unit of downside risk | 2.88 | 1.44 | +1.43 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.18 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 2.76 | 1.66 | +1.10 |
Martin ratioReturn relative to average drawdown | 10.65 | 4.93 | +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 | PTRQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 1.02 | +0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.18 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 0.51 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.60 | 0.75 | +0.85 |
Correlation
The correlation between PBSMX and PTRQX is 0.80, 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. PTRQX - Dividend Comparison
PBSMX's dividend yield for the trailing twelve months is around 3.50%, less than PTRQX's 4.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBSMX PGIM Short-Term Corporate Bond Fund | 3.50% | 3.74% | 3.00% | 2.65% | 2.02% | 1.79% | 2.22% | 2.57% | 2.57% | 2.40% | 2.40% | 2.56% |
PTRQX PGIM Total Return Bond R6 | 4.27% | 4.63% | 4.89% | 4.70% | 5.83% | 2.82% | 3.05% | 6.95% | 3.99% | 2.93% | 4.01% | 3.11% |
Drawdowns
PBSMX vs. PTRQX - Drawdown Comparison
The maximum PBSMX drawdown since its inception was -10.70%, smaller than the maximum PTRQX drawdown of -20.72%. Use the drawdown chart below to compare losses from any high point for PBSMX and PTRQX.
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Drawdown Indicators
| PBSMX | PTRQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.70% | -20.72% | +10.02% |
Max Drawdown (1Y)Largest decline over 1 year | -1.65% | -3.08% | +1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -10.70% | -20.69% | +9.99% |
Max Drawdown (10Y)Largest decline over 10 years | -10.70% | -20.72% | +10.02% |
Current DrawdownCurrent decline from peak | -1.29% | -2.35% | +1.06% |
Average DrawdownAverage peak-to-trough decline | -0.88% | -3.31% | +2.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.43% | 1.04% | -0.61% |
Volatility
PBSMX vs. PTRQX - Volatility Comparison
The current volatility for PGIM Short-Term Corporate Bond Fund (PBSMX) is 0.67%, while PGIM Total Return Bond R6 (PTRQX) has a volatility of 1.58%. This indicates that PBSMX experiences smaller price fluctuations and is considered to be less risky than PTRQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PBSMX | PTRQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.67% | 1.58% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 1.33% | 2.62% | -1.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.29% | 4.48% | -2.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.86% | 5.98% | -3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.62% | 5.22% | -2.60% |