PIMSX vs. SDMZX
Compare and contrast key facts about Virtus Newfleet Multi-Sector S/T Bd I (PIMSX) and PGIM Short Duration Multi-Sector Bond Fund (SDMZX).
PIMSX is managed by Virtus. It was launched on Nov 3, 2016. SDMZX is managed by PGIM. It was launched on Dec 23, 2013.
Performance
PIMSX vs. SDMZX - Performance Comparison
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PIMSX vs. SDMZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
SDMZX PGIM Short Duration Multi-Sector Bond Fund | -0.26% | 6.18% | 5.64% | 6.25% | -4.82% | -0.19% | 3.97% | 7.92% | 0.95% | 3.96% |
Returns By Period
In the year-to-date period, PIMSX achieves a -0.13% return, which is significantly higher than SDMZX's -0.26% return. Both investments have delivered pretty close results over the past 10 years, with PIMSX having a 3.16% annualized return and SDMZX not far behind at 3.13%.
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%
SDMZX
- 1D
- 0.11%
- 1M
- -1.22%
- YTD
- -0.26%
- 6M
- 1.04%
- 1Y
- 4.25%
- 3Y*
- 5.41%
- 5Y*
- 2.69%
- 10Y*
- 3.13%
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PIMSX vs. SDMZX - Expense Ratio Comparison
PIMSX has a 0.65% expense ratio, which is higher than SDMZX's 0.46% expense ratio.
Return for Risk
PIMSX vs. SDMZX — Risk / Return Rank
PIMSX
SDMZX
PIMSX vs. SDMZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Multi-Sector S/T Bd I (PIMSX) and PGIM Short Duration Multi-Sector Bond Fund (SDMZX). 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.
| PIMSX | SDMZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.05 | 2.21 | -0.16 |
Sortino ratioReturn per unit of downside risk | 3.51 | 3.89 | -0.39 |
Omega ratioGain probability vs. loss probability | 1.60 | 1.54 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 3.69 | 3.30 | +0.39 |
Martin ratioReturn relative to average drawdown | 14.28 | 13.64 | +0.65 |
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
| PIMSX | SDMZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 2.21 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.03 | 1.17 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.17 | 1.28 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.29 | 1.22 | +0.07 |
Correlation
The correlation between PIMSX and SDMZX is 0.59, 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
PIMSX vs. SDMZX - Dividend Comparison
PIMSX's dividend yield for the trailing twelve months is around 4.34%, which matches SDMZX's 4.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SDMZX PGIM Short Duration Multi-Sector Bond Fund | 4.30% | 4.62% | 4.57% | 3.36% | 4.70% | 2.76% | 3.10% | 6.18% | 3.47% | 2.64% | 2.76% | 3.34% |
Drawdowns
PIMSX vs. SDMZX - Drawdown Comparison
The maximum PIMSX drawdown since its inception was -18.10%, which is greater than SDMZX's maximum drawdown of -9.76%. Use the drawdown chart below to compare losses from any high point for PIMSX and SDMZX.
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Drawdown Indicators
| PIMSX | SDMZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.10% | -9.76% | -8.34% |
Max Drawdown (1Y)Largest decline over 1 year | -1.30% | -1.44% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -8.06% | -8.51% | +0.45% |
Max Drawdown (10Y)Largest decline over 10 years | -10.69% | -9.76% | -0.93% |
Current DrawdownCurrent decline from peak | -1.30% | -1.22% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -1.50% | -1.00% | -0.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.34% | 0.35% | -0.01% |
Volatility
PIMSX vs. SDMZX - Volatility Comparison
The current volatility for Virtus Newfleet Multi-Sector S/T Bd I (PIMSX) is 0.65%, while PGIM Short Duration Multi-Sector Bond Fund (SDMZX) has a volatility of 0.70%. This indicates that PIMSX experiences smaller price fluctuations and is considered to be less risky than SDMZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PIMSX | SDMZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.65% | 0.70% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 1.51% | 1.40% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.36% | 2.12% | +0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.65% | 2.30% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.69% | 2.46% | +0.23% |