PIFZX vs. PIMSX
Compare and contrast key facts about PGIM Short-Term Corporate Bond Fund Class Z (PIFZX) and Virtus Newfleet Multi-Sector S/T Bd I (PIMSX).
PIFZX is an actively managed fund by PGIM. It was launched on Dec 16, 1996. PIMSX is managed by Virtus. It was launched on Nov 3, 2016.
Performance
PIFZX vs. PIMSX - Performance Comparison
Loading graphics...
PIFZX vs. PIMSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PIFZX PGIM Short-Term Corporate Bond Fund Class Z | -0.35% | 6.66% | 4.47% | 6.20% | -6.85% | -0.60% | 5.44% | 6.76% | 0.62% | 2.23% |
PIMSX Virtus Newfleet Multi-Sector S/T Bd I | -0.13% | 6.08% | 5.90% | 7.16% | -5.52% | 0.20% | 4.58% | 6.40% | -0.53% | 3.93% |
Returns By Period
In the year-to-date period, PIFZX achieves a -0.35% return, which is significantly lower than PIMSX's -0.13% return. Over the past 10 years, PIFZX has underperformed PIMSX with an annualized return of 2.49%, while PIMSX has yielded a comparatively higher 3.16% annualized return.
PIFZX
- 1D
- 0.19%
- 1M
- -1.47%
- YTD
- -0.35%
- 6M
- 0.85%
- 1Y
- 4.27%
- 3Y*
- 4.88%
- 5Y*
- 1.93%
- 10Y*
- 2.49%
PIMSX
- 1D
- 0.00%
- 1M
- -1.30%
- YTD
- -0.13%
- 6M
- 1.07%
- 1Y
- 4.41%
- 3Y*
- 5.61%
- 5Y*
- 2.71%
- 10Y*
- 3.16%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PIFZX vs. PIMSX - Expense Ratio Comparison
PIFZX has a 0.47% expense ratio, which is lower than PIMSX's 0.65% expense ratio.
Return for Risk
PIFZX vs. PIMSX — Risk / Return Rank
PIFZX
PIMSX
PIFZX vs. PIMSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Short-Term Corporate Bond Fund Class Z (PIFZX) and Virtus Newfleet Multi-Sector S/T Bd I (PIMSX). 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.
| PIFZX | PIMSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 2.05 | -0.13 |
Sortino ratioReturn per unit of downside risk | 3.01 | 3.51 | -0.49 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.60 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | 2.77 | 3.69 | -0.92 |
Martin ratioReturn relative to average drawdown | 11.07 | 14.28 | -3.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PIFZX | PIMSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 2.05 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 1.03 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.94 | 1.17 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.43 | 1.29 | +0.15 |
Correlation
The correlation between PIFZX and PIMSX is 0.56, 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.
Dividends
PIFZX vs. PIMSX - Dividend Comparison
PIFZX's dividend yield for the trailing twelve months is around 3.73%, less than PIMSX's 4.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIFZX PGIM Short-Term Corporate Bond Fund Class Z | 3.73% | 3.99% | 3.22% | 2.85% | 2.24% | 1.99% | 2.49% | 2.85% | 2.83% | 2.77% | 2.65% | 2.82% |
PIMSX Virtus Newfleet Multi-Sector S/T Bd I | 4.34% | 4.77% | 4.60% | 3.66% | 2.77% | 1.89% | 2.92% | 3.18% | 3.16% | 3.23% | 3.16% | 3.18% |
Drawdowns
PIFZX vs. PIMSX - Drawdown Comparison
The maximum PIFZX drawdown since its inception was -10.46%, smaller than the maximum PIMSX drawdown of -18.10%. Use the drawdown chart below to compare losses from any high point for PIFZX and PIMSX.
Loading graphics...
Drawdown Indicators
| PIFZX | PIMSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.46% | -18.10% | +7.64% |
Max Drawdown (1Y)Largest decline over 1 year | -1.74% | -1.30% | -0.44% |
Max Drawdown (5Y)Largest decline over 5 years | -10.46% | -8.06% | -2.40% |
Max Drawdown (10Y)Largest decline over 10 years | -10.46% | -10.69% | +0.23% |
Current DrawdownCurrent decline from peak | -1.47% | -1.30% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -0.91% | -1.50% | +0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.43% | 0.34% | +0.09% |
Volatility
PIFZX vs. PIMSX - Volatility Comparison
PGIM Short-Term Corporate Bond Fund Class Z (PIFZX) has a higher volatility of 0.79% compared to Virtus Newfleet Multi-Sector S/T Bd I (PIMSX) at 0.65%. This indicates that PIFZX's price experiences larger fluctuations and is considered to be riskier than PIMSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PIFZX | PIMSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.79% | 0.65% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 1.49% | 1.51% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.43% | 2.36% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.90% | 2.65% | +0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.66% | 2.69% | -0.03% |