PRNMX vs. PTRQX
Compare and contrast key facts about PGIM National Muni Fund (PRNMX) and PGIM Total Return Bond R6 (PTRQX).
PRNMX is managed by PGIM. It was launched on Jan 21, 1990. PTRQX is managed by PGIM. It was launched on Dec 27, 2010.
Performance
PRNMX vs. PTRQX - Performance Comparison
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PRNMX vs. PTRQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRNMX PGIM National Muni Fund | -0.40% | 5.76% | 1.77% | 5.10% | -8.55% | 0.97% | 4.08% | 7.13% | 0.55% | 4.66% |
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, PRNMX achieves a -0.40% return, which is significantly lower than PTRQX's -0.35% return. Over the past 10 years, PRNMX has underperformed PTRQX with an annualized return of 1.90%, while PTRQX has yielded a comparatively higher 2.66% annualized return.
PRNMX
- 1D
- 0.14%
- 1M
- -2.24%
- YTD
- -0.40%
- 6M
- 1.00%
- 1Y
- 4.04%
- 3Y*
- 3.36%
- 5Y*
- 0.86%
- 10Y*
- 1.90%
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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PRNMX vs. PTRQX - Expense Ratio Comparison
PRNMX has a 0.61% expense ratio, which is higher than PTRQX's 0.39% expense ratio.
Return for Risk
PRNMX vs. PTRQX — Risk / Return Rank
PRNMX
PTRQX
PRNMX vs. PTRQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM National Muni Fund (PRNMX) 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.
| PRNMX | PTRQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 1.02 | +0.03 |
Sortino ratioReturn per unit of downside risk | 1.41 | 1.44 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.18 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.66 | -0.30 |
Martin ratioReturn relative to average drawdown | 5.40 | 4.93 | +0.47 |
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
| PRNMX | PTRQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 1.02 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.18 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.51 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.22 | 0.75 | +0.47 |
Correlation
The correlation between PRNMX and PTRQX is 0.50, 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
PRNMX vs. PTRQX - Dividend Comparison
PRNMX's dividend yield for the trailing twelve months is around 3.23%, less than PTRQX's 4.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRNMX PGIM National Muni Fund | 3.23% | 4.17% | 2.98% | 1.97% | 1.71% | 1.69% | 2.50% | 2.80% | 3.35% | 3.39% | 3.61% | 3.31% |
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
PRNMX vs. PTRQX - Drawdown Comparison
The maximum PRNMX drawdown since its inception was -12.72%, smaller than the maximum PTRQX drawdown of -20.72%. Use the drawdown chart below to compare losses from any high point for PRNMX and PTRQX.
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Drawdown Indicators
| PRNMX | PTRQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.72% | -20.72% | +8.00% |
Max Drawdown (1Y)Largest decline over 1 year | -3.72% | -3.08% | -0.64% |
Max Drawdown (5Y)Largest decline over 5 years | -12.61% | -20.69% | +8.08% |
Max Drawdown (10Y)Largest decline over 10 years | -12.72% | -20.72% | +8.00% |
Current DrawdownCurrent decline from peak | -2.45% | -2.35% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -1.97% | -3.31% | +1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 1.04% | -0.11% |
Volatility
PRNMX vs. PTRQX - Volatility Comparison
The current volatility for PGIM National Muni Fund (PRNMX) is 0.84%, while PGIM Total Return Bond R6 (PTRQX) has a volatility of 1.58%. This indicates that PRNMX 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
| PRNMX | PTRQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.84% | 1.58% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 1.39% | 2.62% | -1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.15% | 4.48% | -0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.98% | 5.98% | -3.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.54% | 5.22% | -1.68% |