PTRQX vs. PBSMX
Compare and contrast key facts about PGIM Total Return Bond R6 (PTRQX) and PGIM Short-Term Corporate Bond Fund (PBSMX).
PTRQX is managed by PGIM. It was launched on Dec 27, 2010. PBSMX is managed by PGIM. It was launched on Sep 1, 1989.
Performance
PTRQX vs. PBSMX - Performance Comparison
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PTRQX vs. PBSMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
PBSMX PGIM Short-Term Corporate Bond Fund | -0.30% | 6.41% | 4.25% | 5.98% | -7.06% | -0.71% | 5.16% | 6.47% | 0.35% | 1.86% |
Returns By Period
In the year-to-date period, PTRQX achieves a -0.35% return, which is significantly lower than PBSMX's -0.30% return. Over the past 10 years, PTRQX has outperformed PBSMX with an annualized return of 2.66%, while PBSMX has yielded a comparatively lower 2.25% annualized return.
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%
PBSMX
- 1D
- 0.19%
- 1M
- -1.01%
- YTD
- -0.30%
- 6M
- 0.75%
- 1Y
- 4.13%
- 3Y*
- 4.73%
- 5Y*
- 1.73%
- 10Y*
- 2.25%
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PTRQX vs. PBSMX - Expense Ratio Comparison
PTRQX has a 0.39% expense ratio, which is lower than PBSMX's 0.71% expense ratio.
Return for Risk
PTRQX vs. PBSMX — Risk / Return Rank
PTRQX
PBSMX
PTRQX vs. PBSMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Total Return Bond R6 (PTRQX) and PGIM Short-Term Corporate Bond Fund (PBSMX). 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.
| PTRQX | PBSMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.02 | 1.84 | -0.82 |
Sortino ratioReturn per unit of downside risk | 1.44 | 2.88 | -1.43 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.40 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 1.66 | 2.76 | -1.10 |
Martin ratioReturn relative to average drawdown | 4.93 | 10.65 | -5.72 |
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
| PTRQX | PBSMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.02 | 1.84 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.61 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.86 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 1.60 | -0.85 |
Correlation
The correlation between PTRQX and PBSMX is 0.80, 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
PTRQX vs. PBSMX - Dividend Comparison
PTRQX's dividend yield for the trailing twelve months is around 4.27%, more than PBSMX's 3.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PBSMX PGIM Short-Term Corporate Bond Fund | 3.50% | 3.74% | 3.00% | 2.65% | 2.02% | 1.79% | 2.22% | 2.57% | 2.57% | 2.40% | 2.40% | 2.56% |
Drawdowns
PTRQX vs. PBSMX - Drawdown Comparison
The maximum PTRQX drawdown since its inception was -20.72%, which is greater than PBSMX's maximum drawdown of -10.70%. Use the drawdown chart below to compare losses from any high point for PTRQX and PBSMX.
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Drawdown Indicators
| PTRQX | PBSMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.72% | -10.70% | -10.02% |
Max Drawdown (1Y)Largest decline over 1 year | -3.08% | -1.65% | -1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -20.69% | -10.70% | -9.99% |
Max Drawdown (10Y)Largest decline over 10 years | -20.72% | -10.70% | -10.02% |
Current DrawdownCurrent decline from peak | -2.35% | -1.29% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -0.88% | -2.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 0.43% | +0.61% |
Volatility
PTRQX vs. PBSMX - Volatility Comparison
PGIM Total Return Bond R6 (PTRQX) has a higher volatility of 1.58% compared to PGIM Short-Term Corporate Bond Fund (PBSMX) at 0.67%. This indicates that PTRQX's price experiences larger fluctuations and is considered to be riskier than PBSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PTRQX | PBSMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 0.67% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 2.62% | 1.33% | +1.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.48% | 2.29% | +2.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.98% | 2.86% | +3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.22% | 2.62% | +2.60% |