PHYQX vs. PDBZX
Compare and contrast key facts about PGIM High Yield Fund Class R6 (PHYQX) and PGIM Total Return Bond Fund Class Z (PDBZX).
PHYQX is managed by PGIM. It was launched on Oct 31, 2011. PDBZX is managed by PGIM. It was launched on Jan 14, 1997.
Performance
PHYQX vs. PDBZX - Performance Comparison
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PHYQX vs. PDBZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHYQX PGIM High Yield Fund Class R6 | -0.77% | 9.18% | 8.55% | 12.34% | -12.22% | 5.99% | 5.79% | 16.29% | -1.18% | 7.74% |
PDBZX PGIM Total Return Bond Fund Class Z | -0.28% | 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, PHYQX achieves a -0.77% return, which is significantly lower than PDBZX's -0.28% return. Over the past 10 years, PHYQX has outperformed PDBZX with an annualized return of 5.88%, while PDBZX has yielded a comparatively lower 2.95% annualized return.
PHYQX
- 1D
- 0.63%
- 1M
- -1.65%
- YTD
- -0.77%
- 6M
- 0.27%
- 1Y
- 6.48%
- 3Y*
- 8.63%
- 5Y*
- 3.93%
- 10Y*
- 5.88%
PDBZX
- 1D
- 0.25%
- 1M
- -1.79%
- YTD
- -0.28%
- 6M
- 0.59%
- 1Y
- 4.16%
- 3Y*
- 4.88%
- 5Y*
- 0.96%
- 10Y*
- 2.95%
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PHYQX vs. PDBZX - Expense Ratio Comparison
PHYQX has a 0.38% expense ratio, which is lower than PDBZX's 0.49% expense ratio.
Return for Risk
PHYQX vs. PDBZX — Risk / Return Rank
PHYQX
PDBZX
PHYQX vs. PDBZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM High Yield Fund Class R6 (PHYQX) 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.
| PHYQX | PDBZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.79 | 0.99 | +0.80 |
Sortino ratioReturn per unit of downside risk | 2.67 | 1.41 | +1.26 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.18 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 2.43 | 1.63 | +0.79 |
Martin ratioReturn relative to average drawdown | 9.84 | 4.74 | +5.10 |
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
| PHYQX | PDBZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 0.99 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.16 | +0.62 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | 0.55 | +0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.12 | 1.09 | +0.03 |
Correlation
The correlation between PHYQX and PDBZX is 0.36, 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
PHYQX vs. PDBZX - Dividend Comparison
PHYQX's dividend yield for the trailing twelve months is around 6.58%, more than PDBZX's 4.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHYQX PGIM High Yield Fund Class R6 | 6.58% | 7.07% | 7.53% | 7.09% | 6.29% | 6.23% | 6.56% | 6.32% | 6.64% | 6.38% | 4.88% | 7.05% |
PDBZX PGIM Total Return Bond Fund Class Z | 4.18% | 4.54% | 4.79% | 4.60% | 5.73% | 2.73% | 2.94% | 10.36% | 4.01% | 2.87% | 3.92% | 3.33% |
Drawdowns
PHYQX vs. PDBZX - Drawdown Comparison
The maximum PHYQX drawdown since its inception was -21.12%, roughly equal to the maximum PDBZX drawdown of -20.88%. Use the drawdown chart below to compare losses from any high point for PHYQX and PDBZX.
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Drawdown Indicators
| PHYQX | PDBZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.12% | -20.88% | -0.24% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -3.06% | +0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -16.05% | -20.81% | +4.76% |
Max Drawdown (10Y)Largest decline over 10 years | -21.12% | -20.88% | -0.24% |
Current DrawdownCurrent decline from peak | -1.86% | -2.27% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -2.25% | -2.31% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 1.06% | -0.34% |
Volatility
PHYQX vs. PDBZX - Volatility Comparison
The current volatility for PGIM High Yield Fund Class R6 (PHYQX) is 1.41%, while PGIM Total Return Bond Fund Class Z (PDBZX) has a volatility of 1.71%. This indicates that PHYQX 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
| PHYQX | PDBZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 1.71% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 2.71% | -0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.78% | 4.59% | -0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.05% | 6.00% | -0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.47% | 5.34% | +0.13% |