SDMZX vs. LLDYX
Compare and contrast key facts about PGIM Short Duration Multi-Sector Bond Fund (SDMZX) and Lord Abbett Short Duration Income Fund (LLDYX).
SDMZX is managed by PGIM Investments. It was launched on Dec 23, 2013. LLDYX is managed by Lord Abbett. It was launched on Oct 19, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SDMZX or LLDYX.
Correlation
The correlation between SDMZX and LLDYX is 0.55, 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.
Performance
SDMZX vs. LLDYX - Performance Comparison
Key characteristics
SDMZX:
3.46
LLDYX:
2.39
SDMZX:
6.26
LLDYX:
4.29
SDMZX:
1.99
LLDYX:
1.86
SDMZX:
7.07
LLDYX:
7.97
SDMZX:
20.18
LLDYX:
20.37
SDMZX:
0.31%
LLDYX:
0.30%
SDMZX:
1.82%
LLDYX:
2.55%
SDMZX:
-9.76%
LLDYX:
-10.54%
SDMZX:
-0.22%
LLDYX:
-0.00%
Returns By Period
In the year-to-date period, SDMZX achieves a 0.47% return, which is significantly lower than LLDYX's 0.68% return. Both investments have delivered pretty close results over the past 10 years, with SDMZX having a 2.58% annualized return and LLDYX not far behind at 2.52%.
SDMZX
0.47%
0.36%
2.42%
6.16%
2.19%
2.58%
LLDYX
0.68%
0.68%
2.64%
6.13%
2.08%
2.52%
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SDMZX vs. LLDYX - Expense Ratio Comparison
SDMZX has a 0.46% expense ratio, which is higher than LLDYX's 0.38% expense ratio.
Risk-Adjusted Performance
SDMZX vs. LLDYX — Risk-Adjusted Performance Rank
SDMZX
LLDYX
SDMZX vs. LLDYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Short Duration Multi-Sector Bond Fund (SDMZX) and Lord Abbett Short Duration Income Fund (LLDYX). 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.
Dividends
SDMZX vs. LLDYX - Dividend Comparison
SDMZX's dividend yield for the trailing twelve months is around 4.83%, less than LLDYX's 5.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDMZX PGIM Short Duration Multi-Sector Bond Fund | 4.83% | 4.85% | 4.35% | 4.22% | 3.01% | 3.10% | 3.69% | 3.49% | 2.64% | 2.79% | 3.30% | 3.44% |
LLDYX Lord Abbett Short Duration Income Fund | 5.14% | 5.18% | 4.71% | 3.42% | 2.52% | 3.04% | 3.80% | 4.15% | 3.88% | 4.14% | 4.15% | 4.02% |
Drawdowns
SDMZX vs. LLDYX - Drawdown Comparison
The maximum SDMZX drawdown since its inception was -9.76%, smaller than the maximum LLDYX drawdown of -10.54%. Use the drawdown chart below to compare losses from any high point for SDMZX and LLDYX. For additional features, visit the drawdowns tool.
Volatility
SDMZX vs. LLDYX - Volatility Comparison
The current volatility for PGIM Short Duration Multi-Sector Bond Fund (SDMZX) is 0.49%, while Lord Abbett Short Duration Income Fund (LLDYX) has a volatility of 0.71%. This indicates that SDMZX experiences smaller price fluctuations and is considered to be less risky than LLDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.