PJDZX vs. NFJ

Last updated Aug 1, 2026

PJDZX (PGIM Jennison Rising Dividend Fund) and NFJ (Virtus Dividend, Interest and Premium Strategy Fund) are both mutual funds - PJDZX is a Large Cap Blend Equities fund managed by PGIM, while NFJ is a Dividend fund managed by Virtus. Over the past 10 years, PJDZX returned 14.22%/yr vs 10.62%/yr for NFJ. Their 0.69 correlation means they have sometimes moved together and sometimes differently. PJDZX charges 0.99%/yr vs 0.02%/yr for NFJ.

Performance

PJDZX vs. NFJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Rising Dividend Fund (PJDZX) and Virtus Dividend, Interest and Premium Strategy Fund (NFJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PJDZX achieves a 10.40% return, which is significantly lower than NFJ's 23.46% return. Over the past 10 years, PJDZX has outperformed NFJ with an annualized return of 14.22%, while NFJ has yielded a comparatively lower 10.62% annualized return.

PJDZX

• 1D: 0.79%
• 1M: -1.21%
• 6M: 7.01%
• YTD: 10.40%
• 1Y: 19.57%
• 3Y*: 24.91%
• 5Y*: 13.85%
• 10Y*: 14.22%
• ALL TIME*: 12.75%

NFJ

• 1D: 0.40%
• 1M: -0.26%
• 6M: 18.06%
• YTD: 23.46%
• 1Y: 33.60%
• 3Y*: 16.13%
• 5Y*: 8.89%
• 10Y*: 10.62%
• ALL TIME*: 6.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NFJ Virtus Dividend, Interest and Premium Strategy Fund	$3.68M	$3.69M	$2.79M
PJDZX PGIM Jennison Rising Dividend Fund	$0.00	$0.00	$0.00

PJDZX vs. NFJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PJDZX PGIM Jennison Rising Dividend Fund	10.40%	18.84%	40.98%	8.67%	-10.35%	24.62%	13.96%	32.01%	-7.14%	17.53%
NFJ Virtus Dividend, Interest and Premium Strategy Fund	23.46%	12.40%	9.96%	21.30%	-23.90%	26.75%	12.42%	30.88%	-11.97%	12.74%

Correlation

The correlation between PJDZX and NFJ is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.64
Correlation (3Y) Balances recent behavior with more history.	0.64
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (10Y) Provides a long-term view across more market conditions.	0.69
Correlation (All Time) Calculated using the full available price history since Mar 6, 2014	0.69

The correlation between PJDZX and NFJ has been stable across timeframes, ranging from 0.64 to 0.69 - a consistent structural relationship.

Return for Risk

PJDZX vs. NFJ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PJDZX

PJDZX Risk / Return Rank: 75
PJDZX Sharpe Ratio Rank: 70
PJDZX Sortino Ratio Rank: 68
PJDZX Omega Ratio Rank: 66
PJDZX Calmar Ratio Rank: 83
PJDZX Martin Ratio Rank: 88

NFJ

NFJ Risk / Return Rank: 90
NFJ Sharpe Ratio Rank: 92
NFJ Sortino Ratio Rank: 90
NFJ Omega Ratio Rank: 85
NFJ Calmar Ratio Rank: 92
NFJ Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PJDZX vs. NFJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Rising Dividend Fund (PJDZX) and Virtus Dividend, Interest and Premium Strategy Fund (NFJ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PJDZX	NFJ	Difference
Sharpe ratio: Return per unit of total volatility	1.67	2.37	-0.69
Sortino ratio: Return per unit of downside risk	2.39	3.42	-1.04
Omega ratio: Gain probability vs. loss probability	1.30	1.42	-0.12
Calmar ratio: Return relative to maximum drawdown	2.85	3.70	-0.85
Martin ratio: Return relative to average drawdown	12.01	12.64	-0.63

PJDZX vs. NFJ - Sharpe Ratio Comparison

The current PJDZX Sharpe Ratio is 1.67, which is comparable to the NFJ Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of PJDZX and NFJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PJDZX vs. NFJ - Drawdown Comparison

The maximum PJDZX drawdown since its inception was -33.59%, smaller than the maximum NFJ drawdown of -57.92%. Use the drawdown chart below to compare losses from any high point for PJDZX and NFJ.

Drawdown Indicators

	PJDZX	NFJ	Difference
Max Drawdown Largest peak-to-trough decline	-33.59%	-57.92%	+24.33%
Max Drawdown (1Y) Largest decline over 1 year	-6.54%	-8.57%	+2.03%
Max Drawdown (3Y) Largest decline over 3 years	-16.11%	-17.04%	+0.93%
Max Drawdown (5Y) Largest decline over 5 years	-17.57%	-30.57%	+13.00%
Max Drawdown (10Y) Largest decline over 10 years	-33.59%	-40.96%	+7.37%
Current Drawdown Current decline from peak	-1.73%	-0.33%	-1.40%
Average Drawdown Average peak-to-trough decline	-3.96%	-10.72%	+6.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.55%	2.51%	-0.96%

Volatility

PJDZX vs. NFJ - Volatility Comparison

PGIM Jennison Rising Dividend Fund (PJDZX) and Virtus Dividend, Interest and Premium Strategy Fund (NFJ) have volatilities of 2.89% and 2.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PJDZX	NFJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	2.77%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	8.90%	10.71%	-1.81%
Volatility (1Y) Calculated over the trailing 1-year period	11.17%	13.41%	-2.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.41%	17.19%	-0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.28%	18.68%	-1.40%

PJDZX vs. NFJ - Expense Ratio Comparison

PJDZX has a 0.99% expense ratio, which is higher than NFJ's 0.02% expense ratio.

Dividends

PJDZX vs. NFJ - Dividend Comparison

PJDZX's dividend yield for the trailing twelve months is around 5.79%, less than NFJ's 8.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFJ Virtus Dividend, Interest and Premium Strategy Fund	8.02%	9.46%	9.26%	7.78%	8.83%	5.60%	6.69%	6.92%	8.43%	8.62%	9.52%	13.32%
PJDZX PGIM Jennison Rising Dividend Fund	5.79%	6.44%	34.62%	1.21%	0.93%	8.48%	4.75%	4.32%	10.34%	1.83%	1.48%	1.31%

Frequently Asked Questions

Can I hold both PJDZX and NFJ in my portfolio?

PJDZX and NFJ have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PJDZX or NFJ?

PJDZX has higher volatility (2.89%) compared to NFJ (2.77%). In terms of maximum drawdown, PJDZX dropped -33.59% vs NFJ's -57.92%.

Which has better risk-adjusted returns?

NFJ currently has the higher Sharpe Ratio (2.37 vs 1.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.