PHYZX vs. PTRQX
Compare and contrast key facts about PGIM High Yield Fund Class Z (PHYZX) and PGIM Total Return Bond R6 (PTRQX).
PHYZX is an actively managed fund by PGIM. It was launched on Jan 22, 1990. PTRQX is managed by PGIM. It was launched on Dec 27, 2010.
Performance
PHYZX vs. PTRQX - Performance Comparison
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PHYZX vs. PTRQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHYZX PGIM High Yield Fund Class Z | -0.78% | 9.04% | 8.37% | 12.23% | -12.31% | 5.83% | 7.73% | 16.14% | -1.25% | 7.79% |
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, PHYZX achieves a -0.78% return, which is significantly lower than PTRQX's -0.35% return. Over the past 10 years, PHYZX has outperformed PTRQX with an annualized return of 6.13%, while PTRQX has yielded a comparatively lower 2.66% annualized return.
PHYZX
- 1D
- 0.63%
- 1M
- -1.65%
- YTD
- -0.78%
- 6M
- 0.22%
- 1Y
- 6.36%
- 3Y*
- 8.50%
- 5Y*
- 3.80%
- 10Y*
- 6.13%
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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PHYZX vs. PTRQX - Expense Ratio Comparison
PHYZX has a 0.51% expense ratio, which is higher than PTRQX's 0.39% expense ratio.
Return for Risk
PHYZX vs. PTRQX — Risk / Return Rank
PHYZX
PTRQX
PHYZX vs. PTRQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM High Yield Fund Class Z (PHYZX) 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.
| PHYZX | PTRQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.77 | 1.02 | +0.75 |
Sortino ratioReturn per unit of downside risk | 2.64 | 1.44 | +1.20 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.18 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 2.39 | 1.66 | +0.73 |
Martin ratioReturn relative to average drawdown | 9.58 | 4.93 | +4.65 |
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
| PHYZX | PTRQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.77 | 1.02 | +0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.18 | +0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | 0.51 | +0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.19 | 0.75 | +0.44 |
Correlation
The correlation between PHYZX and PTRQX 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
PHYZX vs. PTRQX - Dividend Comparison
PHYZX's dividend yield for the trailing twelve months is around 6.47%, more than PTRQX's 4.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHYZX PGIM High Yield Fund Class Z | 6.47% | 6.95% | 7.37% | 7.00% | 6.15% | 6.08% | 8.35% | 6.21% | 6.55% | 6.25% | 6.36% | 6.93% |
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
PHYZX vs. PTRQX - Drawdown Comparison
The maximum PHYZX drawdown since its inception was -28.57%, which is greater than PTRQX's maximum drawdown of -20.72%. Use the drawdown chart below to compare losses from any high point for PHYZX and PTRQX.
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Drawdown Indicators
| PHYZX | PTRQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.57% | -20.72% | -7.85% |
Max Drawdown (1Y)Largest decline over 1 year | -2.93% | -3.08% | +0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -16.09% | -20.69% | +4.60% |
Max Drawdown (10Y)Largest decline over 10 years | -21.09% | -20.72% | -0.37% |
Current DrawdownCurrent decline from peak | -1.85% | -2.35% | +0.50% |
Average DrawdownAverage peak-to-trough decline | -2.78% | -3.31% | +0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.73% | 1.04% | -0.31% |
Volatility
PHYZX vs. PTRQX - Volatility Comparison
The current volatility for PGIM High Yield Fund Class Z (PHYZX) is 1.41%, while PGIM Total Return Bond R6 (PTRQX) has a volatility of 1.58%. This indicates that PHYZX 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
| PHYZX | PTRQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 1.58% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 2.41% | 2.62% | -0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.75% | 4.48% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.04% | 5.98% | -0.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.52% | 5.22% | +0.30% |