PQJCX vs. FRFZX

Last updated Apr 1, 2026

Compare and contrast key facts about PGIM Jennison Small-Cap Core Equity Fund (PQJCX) and PGIM Floating Rate Income Fund (FRFZX).

PQJCX is managed by PGIM. It was launched on Nov 15, 2016. FRFZX is managed by PGIM. It was launched on Mar 29, 2011.

Performance

PQJCX vs. FRFZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Small-Cap Core Equity Fund (PQJCX) and PGIM Floating Rate Income Fund (FRFZX). The values are adjusted to include any dividend payments, if applicable.

PQJCX vs. FRFZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PQJCX PGIM Jennison Small-Cap Core Equity Fund	-4.73%	1.89%	28.82%	14.96%	-24.07%	21.70%	38.85%	25.61%	-12.36%	18.36%
FRFZX PGIM Floating Rate Income Fund	-0.61%	5.66%	9.45%	14.11%	-3.56%	5.46%	4.62%	7.47%	-0.13%	4.48%

Returns By Period

In the year-to-date period, PQJCX achieves a -4.73% return, which is significantly lower than FRFZX's -0.61% return.

PQJCX

• 1D: -1.21%
• 1M: -9.22%
• YTD: -4.73%
• 6M: -1.46%
• 1Y: 9.56%
• 3Y*: 11.50%
• 5Y*: 4.15%
• 10Y*: —

FRFZX

• 1D: -0.11%
• 1M: -0.34%
• YTD: -0.61%
• 6M: 0.74%
• 1Y: 4.85%
• 3Y*: 8.27%
• 5Y*: 5.44%
• 10Y*: 5.30%

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

PQJCX vs. FRFZX - Expense Ratio Comparison

PQJCX has a 0.95% expense ratio, which is higher than FRFZX's 0.70% expense ratio.

PQJCX

PGIM Jennison Small-Cap Core Equity Fund

FRFZX

PGIM Floating Rate Income Fund

Return for Risk

PQJCX vs. FRFZX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PQJCX

PQJCX Risk / Return Rank: 16
PQJCX Sharpe Ratio Rank: 15
PQJCX Sortino Ratio Rank: 16
PQJCX Omega Ratio Rank: 15
PQJCX Calmar Ratio Rank: 16
PQJCX Martin Ratio Rank: 18

FRFZX

FRFZX Risk / Return Rank: 91
FRFZX Sharpe Ratio Rank: 92
FRFZX Sortino Ratio Rank: 95
FRFZX Omega Ratio Rank: 97
FRFZX Calmar Ratio Rank: 86
FRFZX Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PQJCX vs. FRFZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Small-Cap Core Equity Fund (PQJCX) and PGIM Floating Rate Income Fund (FRFZX). 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.

	PQJCX	FRFZX	Difference
Sharpe ratio Return per unit of total volatility	0.42	1.95	-1.53
Sortino ratio Return per unit of downside risk	0.74	3.26	-2.52
Omega ratio Gain probability vs. loss probability	1.10	1.62	-0.53
Calmar ratio Return relative to maximum drawdown	0.49	2.21	-1.72
Martin ratio Return relative to average drawdown	1.87	9.23	-7.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PQJCX vs. FRFZX - Sharpe Ratio Comparison

The current PQJCX Sharpe Ratio is 0.42, which is lower than the FRFZX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of PQJCX and FRFZX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PQJCX	FRFZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.42	1.95	-1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	1.78	-1.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	1.36	-0.93

Correlation

The correlation between PQJCX and FRFZX is 0.26, 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

PQJCX vs. FRFZX - Dividend Comparison

PQJCX's dividend yield for the trailing twelve months is around 3.16%, less than FRFZX's 7.00% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PQJCX PGIM Jennison Small-Cap Core Equity Fund	3.16%	3.01%	18.27%	0.83%	0.51%	26.55%	3.86%	0.00%	7.11%	1.72%	0.00%	0.00%
FRFZX PGIM Floating Rate Income Fund	7.00%	7.65%	8.76%	8.87%	6.41%	3.33%	5.35%	5.42%	5.06%	4.90%	4.34%	3.97%

Drawdowns

PQJCX vs. FRFZX - Drawdown Comparison

The maximum PQJCX drawdown since its inception was -43.56%, which is greater than FRFZX's maximum drawdown of -21.95%. Use the drawdown chart below to compare losses from any high point for PQJCX and FRFZX.

Drawdown Indicators

	PQJCX	FRFZX	Difference
Max Drawdown Largest peak-to-trough decline	-43.56%	-21.95%	-21.61%
Max Drawdown (1Y) Largest decline over 1 year	-14.64%	-2.23%	-12.41%
Max Drawdown (5Y) Largest decline over 5 years	-36.11%	-7.85%	-28.26%
Max Drawdown (10Y) Largest decline over 10 years	—	-21.95%	—
Current Drawdown Current decline from peak	-11.13%	-0.85%	-10.28%
Average Drawdown Average peak-to-trough decline	-11.22%	-0.93%	-10.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	0.56%	+3.27%

Volatility

PQJCX vs. FRFZX - Volatility Comparison

PGIM Jennison Small-Cap Core Equity Fund (PQJCX) has a higher volatility of 6.81% compared to PGIM Floating Rate Income Fund (FRFZX) at 0.60%. This indicates that PQJCX's price experiences larger fluctuations and is considered to be riskier than FRFZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PQJCX	FRFZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.81%	0.60%	+6.21%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	1.58%	+11.22%
Volatility (1Y) Calculated over the trailing 1-year period	21.92%	2.72%	+19.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.97%	3.07%	+18.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.98%	3.96%	+19.02%