SABA vs. PRSNX
Compare and contrast key facts about Saba Capital Income & Opportunities Fund II (SABA) and T. Rowe Price Global Multi-Sector Bond Fund (PRSNX).
SABA is managed by Saba Capital. PRSNX is managed by T. Rowe Price. It was launched on Dec 14, 2008.
Performance
SABA vs. PRSNX - Performance Comparison
Loading graphics...
SABA vs. PRSNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SABA Saba Capital Income & Opportunities Fund II | 3.03% | -0.31% | 31.32% | -2.77% | -9.02% | 1.05% | -6.63% | 8.55% | -1.25% | 4.13% |
PRSNX T. Rowe Price Global Multi-Sector Bond Fund | -0.62% | 11.12% | 4.27% | 12.77% | -16.27% | 0.40% | 8.16% | 11.94% | 0.45% | 6.47% |
Returns By Period
In the year-to-date period, SABA achieves a 3.03% return, which is significantly higher than PRSNX's -0.62% return. Over the past 10 years, SABA has underperformed PRSNX with an annualized return of 2.59%, while PRSNX has yielded a comparatively higher 3.88% annualized return.
SABA
- 1D
- 2.84%
- 1M
- 4.22%
- YTD
- 3.03%
- 6M
- -3.80%
- 1Y
- 4.89%
- 3Y*
- 8.09%
- 5Y*
- 4.25%
- 10Y*
- 2.59%
PRSNX
- 1D
- 0.00%
- 1M
- -2.18%
- YTD
- -0.62%
- 6M
- 1.97%
- 1Y
- 8.06%
- 3Y*
- 7.81%
- 5Y*
- 1.95%
- 10Y*
- 3.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SABA vs. PRSNX - Expense Ratio Comparison
Return for Risk
SABA vs. PRSNX — Risk / Return Rank
SABA
PRSNX
SABA vs. PRSNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saba Capital Income & Opportunities Fund II (SABA) and T. Rowe Price Global Multi-Sector Bond Fund (PRSNX). 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.
| SABA | PRSNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.32 | 2.57 | -2.25 |
Sortino ratioReturn per unit of downside risk | 0.57 | 4.18 | -3.61 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.58 | -0.50 |
Calmar ratioReturn relative to maximum drawdown | 0.41 | 3.69 | -3.28 |
Martin ratioReturn relative to average drawdown | 0.81 | 13.83 | -13.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SABA | PRSNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | 2.57 | -2.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.46 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | 0.95 | -0.79 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 1.41 | -0.99 |
Correlation
The correlation between SABA and PRSNX is 0.21, 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
SABA vs. PRSNX - Dividend Comparison
SABA's dividend yield for the trailing twelve months is around 9.57%, more than PRSNX's 8.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SABA Saba Capital Income & Opportunities Fund II | 9.57% | 9.65% | 8.32% | 11.43% | 9.14% | 7.19% | 4.00% | 6.68% | 5.81% | 4.44% | 4.63% | 4.72% |
PRSNX T. Rowe Price Global Multi-Sector Bond Fund | 8.98% | 9.51% | 5.09% | 5.08% | 3.30% | 3.95% | 3.68% | 6.33% | 4.89% | 3.59% | 3.44% | 3.60% |
Drawdowns
SABA vs. PRSNX - Drawdown Comparison
The maximum SABA drawdown since its inception was -32.37%, which is greater than PRSNX's maximum drawdown of -19.70%. Use the drawdown chart below to compare losses from any high point for SABA and PRSNX.
Loading graphics...
Drawdown Indicators
| SABA | PRSNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.37% | -19.70% | -12.67% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -2.19% | -8.26% |
Max Drawdown (5Y)Largest decline over 5 years | -19.94% | -19.70% | -0.24% |
Max Drawdown (10Y)Largest decline over 10 years | -31.39% | -19.70% | -11.69% |
Current DrawdownCurrent decline from peak | -5.87% | -2.18% | -3.69% |
Average DrawdownAverage peak-to-trough decline | -7.59% | -2.42% | -5.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.31% | 0.59% | +4.72% |
Volatility
SABA vs. PRSNX - Volatility Comparison
Saba Capital Income & Opportunities Fund II (SABA) has a higher volatility of 4.61% compared to T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) at 1.08%. This indicates that SABA's price experiences larger fluctuations and is considered to be riskier than PRSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SABA | PRSNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 1.08% | +3.53% |
Volatility (6M)Calculated over the trailing 6-month period | 7.84% | 2.09% | +5.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.20% | 3.42% | +11.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.45% | 4.27% | +10.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.66% | 4.11% | +12.55% |