PRSNX vs. FADMX

In the year-to-date period, PRSNX achieves a 1.12% return, which is significantly lower than FADMX's 1.66% return.

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PRSNX has a 0.65% expense ratio, which is lower than FADMX's 0.66% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) and Fidelity Strategic Income Fund (FADMX). 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.

The current PRSNX Sharpe Ratio is 1.46, which is comparable to the FADMX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of PRSNX and FADMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

PRSNX's dividend yield for the trailing twelve months is around 4.51%, while FADMX has not paid dividends to shareholders.

The maximum PRSNX drawdown since its inception was -19.05%, which is greater than FADMX's maximum drawdown of -16.68%. Use the drawdown chart below to compare losses from any high point for PRSNX and FADMX. For additional features, visit the drawdowns tool.

T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) has a higher volatility of 1.18% compared to Fidelity Strategic Income Fund (FADMX) at 1.07%. This indicates that PRSNX's price experiences larger fluctuations and is considered to be riskier than FADMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.