PTCIX vs. SLDAX

Last updated Apr 2, 2026

Compare and contrast key facts about PIMCO Long-Term Credit Bond Fund (PTCIX) and SEI Institutional Investments Trust Long Duration Credit Fund (SLDAX).

PTCIX is managed by PIMCO. It was launched on Mar 30, 2009. SLDAX is managed by SEI. It was launched on Jun 28, 2012.

Performance

PTCIX vs. SLDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Long-Term Credit Bond Fund (PTCIX) and SEI Institutional Investments Trust Long Duration Credit Fund (SLDAX). The values are adjusted to include any dividend payments, if applicable.

PTCIX vs. SLDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PTCIX PIMCO Long-Term Credit Bond Fund	-1.67%	8.56%	-0.06%	9.20%	-27.04%	-1.00%	13.28%	24.99%	-5.92%	13.56%
SLDAX SEI Institutional Investments Trust Long Duration Credit Fund	-1.38%	7.37%	-2.78%	8.14%	-26.58%	-2.80%	16.56%	21.45%	-6.23%	11.67%

Returns By Period

In the year-to-date period, PTCIX achieves a -1.67% return, which is significantly lower than SLDAX's -1.38% return. Over the past 10 years, PTCIX has outperformed SLDAX with an annualized return of 2.89%, while SLDAX has yielded a comparatively lower 1.82% annualized return.

PTCIX

• 1D: 0.58%
• 1M: -3.67%
• YTD: -1.67%
• 6M: -1.58%
• 1Y: 2.79%
• 3Y*: 3.26%
• 5Y*: -1.93%
• 10Y*: 2.89%

SLDAX

• 1D: 0.39%
• 1M: -3.04%
• YTD: -1.38%
• 6M: -1.88%
• 1Y: 2.45%
• 3Y*: 1.66%
• 5Y*: -2.81%
• 10Y*: 1.82%

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

PTCIX vs. SLDAX - Expense Ratio Comparison

PTCIX has a 0.55% expense ratio, which is higher than SLDAX's 0.14% expense ratio.

PTCIX

PIMCO Long-Term Credit Bond Fund

SLDAX

SEI Institutional Investments Trust Long Duration Credit Fund

Return for Risk

PTCIX vs. SLDAX — Risk / Return Rank

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

PTCIX

PTCIX Risk / Return Rank: 15
PTCIX Sharpe Ratio Rank: 12
PTCIX Sortino Ratio Rank: 10
PTCIX Omega Ratio Rank: 9
PTCIX Calmar Ratio Rank: 27
PTCIX Martin Ratio Rank: 19

SLDAX

SLDAX Risk / Return Rank: 11
SLDAX Sharpe Ratio Rank: 10
SLDAX Sortino Ratio Rank: 8
SLDAX Omega Ratio Rank: 7
SLDAX Calmar Ratio Rank: 17
SLDAX Martin Ratio Rank: 12

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.

PTCIX vs. SLDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Long-Term Credit Bond Fund (PTCIX) and SEI Institutional Investments Trust Long Duration Credit Fund (SLDAX). 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.

	PTCIX	SLDAX	Difference
Sharpe ratio Return per unit of total volatility	0.37	0.35	+0.02
Sortino ratio Return per unit of downside risk	0.55	0.52	+0.03
Omega ratio Gain probability vs. loss probability	1.07	1.07	0.00
Calmar ratio Return relative to maximum drawdown	0.89	0.73	+0.15
Martin ratio Return relative to average drawdown	2.27	1.72	+0.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PTCIX vs. SLDAX - Sharpe Ratio Comparison

The current PTCIX Sharpe Ratio is 0.37, which is comparable to the SLDAX Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of PTCIX and SLDAX, 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

	PTCIX	SLDAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.37	0.35	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	-0.23	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.16	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.21	+0.35

Correlation

The correlation between PTCIX and SLDAX is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PTCIX vs. SLDAX - Dividend Comparison

PTCIX's dividend yield for the trailing twelve months is around 5.38%, more than SLDAX's 4.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PTCIX PIMCO Long-Term Credit Bond Fund	5.38%	5.67%	5.23%	3.83%	4.86%	7.39%	7.72%	5.14%	6.51%	4.81%	5.75%	14.97%
SLDAX SEI Institutional Investments Trust Long Duration Credit Fund	4.71%	5.03%	4.63%	3.38%	3.27%	5.81%	7.64%	3.79%	4.26%	4.41%	4.22%	6.63%

Drawdowns

PTCIX vs. SLDAX - Drawdown Comparison

The maximum PTCIX drawdown since its inception was -35.64%, roughly equal to the maximum SLDAX drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for PTCIX and SLDAX.

Drawdown Indicators

	PTCIX	SLDAX	Difference
Max Drawdown Largest peak-to-trough decline	-35.64%	-36.12%	+0.48%
Max Drawdown (1Y) Largest decline over 1 year	-5.95%	-5.22%	-0.73%
Max Drawdown (5Y) Largest decline over 5 years	-35.64%	-35.17%	-0.47%
Max Drawdown (10Y) Largest decline over 10 years	-35.64%	-36.12%	+0.48%
Current Drawdown Current decline from peak	-16.84%	-21.38%	+4.54%
Average Drawdown Average peak-to-trough decline	-8.15%	-10.49%	+2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	2.22%	+0.11%

Volatility

PTCIX vs. SLDAX - Volatility Comparison

PIMCO Long-Term Credit Bond Fund (PTCIX) has a higher volatility of 3.75% compared to SEI Institutional Investments Trust Long Duration Credit Fund (SLDAX) at 3.32%. This indicates that PTCIX's price experiences larger fluctuations and is considered to be riskier than SLDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTCIX	SLDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	3.32%	+0.43%
Volatility (6M) Calculated over the trailing 6-month period	5.44%	5.13%	+0.31%
Volatility (1Y) Calculated over the trailing 1-year period	9.29%	8.67%	+0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.51%	12.17%	-0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.44%	11.27%	-0.83%