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TRBFX vs. PRSNX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TRBFX and PRSNX is 0.08, 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.


Performance

TRBFX vs. PRSNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) and T. Rowe Price Global Multi-Sector Bond Fund (PRSNX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TRBFX:

2.16

PRSNX:

1.46

Sortino Ratio

TRBFX:

3.37

PRSNX:

2.19

Omega Ratio

TRBFX:

1.53

PRSNX:

1.27

Calmar Ratio

TRBFX:

2.44

PRSNX:

0.74

Martin Ratio

TRBFX:

12.59

PRSNX:

6.09

Ulcer Index

TRBFX:

0.51%

PRSNX:

0.79%

Daily Std Dev

TRBFX:

2.88%

PRSNX:

3.46%

Max Drawdown

TRBFX:

-7.33%

PRSNX:

-19.05%

Current Drawdown

TRBFX:

-1.24%

PRSNX:

-1.37%

Returns By Period

In the year-to-date period, TRBFX achieves a 2.71% return, which is significantly higher than PRSNX's 1.12% return.


TRBFX

YTD

2.71%

1M

0.21%

6M

2.88%

1Y

6.17%

5Y*

3.79%

10Y*

N/A

PRSNX

YTD

1.12%

1M

1.63%

6M

0.78%

1Y

5.00%

5Y*

2.66%

10Y*

3.01%

*Annualized

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TRBFX vs. PRSNX - Expense Ratio Comparison

TRBFX has a 0.41% expense ratio, which is lower than PRSNX's 0.65% expense ratio.


Risk-Adjusted Performance

TRBFX vs. PRSNX — Risk-Adjusted Performance Rank

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

TRBFX
The Risk-Adjusted Performance Rank of TRBFX is 9494
Overall Rank
The Sharpe Ratio Rank of TRBFX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of TRBFX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of TRBFX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of TRBFX is 9494
Calmar Ratio Rank
The Martin Ratio Rank of TRBFX is 9595
Martin Ratio Rank

PRSNX
The Risk-Adjusted Performance Rank of PRSNX is 8686
Overall Rank
The Sharpe Ratio Rank of PRSNX is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of PRSNX is 8989
Sortino Ratio Rank
The Omega Ratio Rank of PRSNX is 8787
Omega Ratio Rank
The Calmar Ratio Rank of PRSNX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of PRSNX is 8989
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TRBFX vs. PRSNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) 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.


The current TRBFX Sharpe Ratio is 2.16, which is higher than the PRSNX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of TRBFX and PRSNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

TRBFX vs. PRSNX - Dividend Comparison

TRBFX's dividend yield for the trailing twelve months is around 4.03%, less than PRSNX's 4.51% yield.


TTM20242023202220212020201920182017201620152014
TRBFX
T. Rowe Price Limited Duration Inflation Focused Bond Fund
4.03%4.10%3.65%5.71%4.04%0.40%0.88%0.47%0.00%0.00%0.00%0.00%
PRSNX
T. Rowe Price Global Multi-Sector Bond Fund
4.51%5.09%4.60%3.40%3.00%3.17%3.55%3.62%3.42%3.45%3.60%4.08%

Drawdowns

TRBFX vs. PRSNX - Drawdown Comparison

The maximum TRBFX drawdown since its inception was -7.33%, smaller than the maximum PRSNX drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for TRBFX and PRSNX. For additional features, visit the drawdowns tool.


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Volatility

TRBFX vs. PRSNX - Volatility Comparison

T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) and T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) have volatilities of 1.17% and 1.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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