SDMZX vs. PRKZX
Compare and contrast key facts about PGIM Short Duration Multi-Sector Bond Fund (SDMZX) and PGIM Real Estate Income Fund (PRKZX).
SDMZX is managed by PGIM. It was launched on Dec 23, 2013. PRKZX is managed by PGIM. It was launched on Jun 3, 2015.
Performance
SDMZX vs. PRKZX - Performance Comparison
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SDMZX vs. PRKZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SDMZX PGIM Short Duration Multi-Sector Bond Fund | -0.26% | 6.18% | 5.64% | 6.25% | -4.82% | -0.19% | 3.97% | 7.92% | 0.95% | 3.96% |
PRKZX PGIM Real Estate Income Fund | 0.93% | 3.74% | 17.55% | 10.54% | -16.17% | 21.17% | -8.68% | 30.19% | -10.05% | 6.55% |
Returns By Period
In the year-to-date period, SDMZX achieves a -0.26% return, which is significantly lower than PRKZX's 0.93% return. Over the past 10 years, SDMZX has underperformed PRKZX with an annualized return of 3.13%, while PRKZX has yielded a comparatively higher 5.25% annualized return.
SDMZX
- 1D
- 0.11%
- 1M
- -1.22%
- YTD
- -0.26%
- 6M
- 1.04%
- 1Y
- 4.25%
- 3Y*
- 5.41%
- 5Y*
- 2.69%
- 10Y*
- 3.13%
PRKZX
- 1D
- 0.42%
- 1M
- -7.29%
- YTD
- 0.93%
- 6M
- -2.48%
- 1Y
- 5.56%
- 3Y*
- 10.82%
- 5Y*
- 5.33%
- 10Y*
- 5.25%
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SDMZX vs. PRKZX - Expense Ratio Comparison
SDMZX has a 0.46% expense ratio, which is lower than PRKZX's 1.38% expense ratio.
Return for Risk
SDMZX vs. PRKZX — Risk / Return Rank
SDMZX
PRKZX
SDMZX vs. PRKZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Short Duration Multi-Sector Bond Fund (SDMZX) and PGIM Real Estate Income Fund (PRKZX). 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.
| SDMZX | PRKZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.21 | 0.47 | +1.74 |
Sortino ratioReturn per unit of downside risk | 3.89 | 0.73 | +3.16 |
Omega ratioGain probability vs. loss probability | 1.54 | 1.10 | +0.44 |
Calmar ratioReturn relative to maximum drawdown | 3.30 | 0.58 | +2.72 |
Martin ratioReturn relative to average drawdown | 13.64 | 1.84 | +11.80 |
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
| SDMZX | PRKZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.21 | 0.47 | +1.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.17 | 0.37 | +0.80 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.28 | 0.31 | +0.97 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.22 | 0.33 | +0.89 |
Correlation
The correlation between SDMZX and PRKZX is 0.23, 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
SDMZX vs. PRKZX - Dividend Comparison
SDMZX's dividend yield for the trailing twelve months is around 4.30%, less than PRKZX's 7.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDMZX PGIM Short Duration Multi-Sector Bond Fund | 4.30% | 4.62% | 4.57% | 3.36% | 4.70% | 2.76% | 3.10% | 6.18% | 3.47% | 2.64% | 2.76% | 3.34% |
PRKZX PGIM Real Estate Income Fund | 7.28% | 7.09% | 8.63% | 4.25% | 5.53% | 29.71% | 4.27% | 4.53% | 5.65% | 5.18% | 4.96% | 0.00% |
Drawdowns
SDMZX vs. PRKZX - Drawdown Comparison
The maximum SDMZX drawdown since its inception was -9.76%, smaller than the maximum PRKZX drawdown of -46.95%. Use the drawdown chart below to compare losses from any high point for SDMZX and PRKZX.
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Drawdown Indicators
| SDMZX | PRKZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.76% | -46.95% | +37.19% |
Max Drawdown (1Y)Largest decline over 1 year | -1.44% | -10.11% | +8.67% |
Max Drawdown (5Y)Largest decline over 5 years | -8.51% | -25.96% | +17.45% |
Max Drawdown (10Y)Largest decline over 10 years | -9.76% | -46.95% | +37.19% |
Current DrawdownCurrent decline from peak | -1.22% | -7.88% | +6.66% |
Average DrawdownAverage peak-to-trough decline | -1.00% | -7.61% | +6.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.35% | 3.18% | -2.83% |
Volatility
SDMZX vs. PRKZX - Volatility Comparison
The current volatility for PGIM Short Duration Multi-Sector Bond Fund (SDMZX) is 0.70%, while PGIM Real Estate Income Fund (PRKZX) has a volatility of 4.38%. This indicates that SDMZX experiences smaller price fluctuations and is considered to be less risky than PRKZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SDMZX | PRKZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 4.38% | -3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 1.40% | 7.60% | -6.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.12% | 13.11% | -10.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.30% | 14.44% | -12.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.46% | 17.15% | -14.69% |