Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -0.09% | -4.00% | -9.51% | -13.71% | -20.39% | -19.27% | +0.12% | -6.95% | -3.00% | -3.74% |
| Market-price total return | -0.09% | -4.00% | -7.95% | -10.07% | -15.13% | -11.40% | +9.68% | +2.22% | +6.04% | +5.16% |
| NAV return | -0.23% | -1.96% | -4.27% | -5.93% | -6.74% | -8.00% | +0.03% | -5.34% | — | -2.82% |
| NAV total return | -0.23% | -1.96% | -2.77% | -2.23% | -0.85% | +0.79% | +9.26% | +3.39% | — | +5.34% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.12% | 0.04% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.12% | 0.05% | as above |
| Volatility, 5 years | 0.14% | 0.15% | as above |
| Maximum drawdown, 3 years | -17.09% | -5.37% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.47 | 1.15 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.63 | 1.71 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.85 | — | AGG (U.S. aggregate bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.35 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for PGIM High Yield Bond Fund, Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.