PGTQX vs. PIMIX
Compare and contrast key facts about PGIM Global Total Return Fund - Class R6 (PGTQX) and PIMCO Income Fund Institutional Class (PIMIX).
PGTQX is managed by PGIM Funds (Prudential). It was launched on Feb 3, 2012. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGTQX or PIMIX.
Key characteristics
| PGTQX | PIMIX | |
|---|---|---|
| YTD Return | 5.85% | 6.33% |
| 1Y Return | 13.76% | 11.90% |
| 3Y Return (Ann) | -3.98% | 2.60% |
| 5Y Return (Ann) | -0.95% | 3.80% |
| 10Y Return (Ann) | 1.54% | 4.44% |
| Sharpe Ratio | 2.30 | 2.37 |
| Daily Std Dev | 5.98% | 4.97% |
| Max Drawdown | -32.61% | -13.39% |
| Current Drawdown | -14.62% | 0.00% |
Correlation
The correlation between PGTQX and PIMIX is 0.50, 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
PGTQX vs. PIMIX - Performance Comparison
In the year-to-date period, PGTQX achieves a 5.85% return, which is significantly lower than PIMIX's 6.33% return. Over the past 10 years, PGTQX has underperformed PIMIX with an annualized return of 1.54%, while PIMIX has yielded a comparatively higher 4.44% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PGTQX vs. PIMIX - Expense Ratio Comparison
PGTQX has a 0.54% expense ratio, which is lower than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
PGTQX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Global Total Return Fund - Class R6 (PGTQX) and PIMCO Income Fund Institutional Class (PIMIX). 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
PGTQX vs. PIMIX - Dividend Comparison
PGTQX's dividend yield for the trailing twelve months is around 3.64%, less than PIMIX's 6.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGTQX PGIM Global Total Return Fund - Class R6 | 3.64% | 4.02% | 4.24% | 3.63% | 3.93% | 6.17% | 3.53% | 3.43% | 4.02% | 3.85% | 4.57% | 4.76% |
PIMIX PIMCO Income Fund Institutional Class | 6.09% | 6.73% | 6.39% | 4.02% | 4.84% | 5.80% | 5.62% | 5.39% | 5.57% | 7.92% | 6.51% | 5.60% |
Drawdowns
PGTQX vs. PIMIX - Drawdown Comparison
The maximum PGTQX drawdown since its inception was -32.61%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for PGTQX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
PGTQX vs. PIMIX - Volatility Comparison
PGIM Global Total Return Fund - Class R6 (PGTQX) has a higher volatility of 1.48% compared to PIMCO Income Fund Institutional Class (PIMIX) at 0.76%. This indicates that PGTQX's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.