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Comparing Strong Bond Funds: VFIJX, AMHIX, VSGBX, and PDBZX

2023-12-27 11:55:12.371000

VFIJX, managed by Vanguard Group, is a strong bond fund with a Zacks Mutual Fund Rank of 1 (Strong Buy) [6e38459a]. It has accumulated about $10.32 billion in assets and is currently managed by Josh Saltman. The fund has a 5-year annualized total return of -0.54% and a 3-year annualized total return of -4.44%. It has a lower standard deviation and beta compared to its peers, indicating less volatility. VFIJX is a no load fund with an expense ratio of 0.11%, making it cheaper than its peers. Overall, VFIJX is a potential choice for investors [6e38459a].

AMHIX is another bond fund in the American Funds family with a Zacks Mutual Fund Rank of 1 (Strong Buy) [492ae010]. Since its debut in September 1994, it has accumulated about $4.85 billion in assets. AMHIX has a 5-year annualized total return of 0.98% and a 3-year annualized total return of -2.01%. It has a lower standard deviation than its peers, indicating less volatility. Additionally, it has a positive alpha of 0.24, indicating better risk-adjusted performance. AMHIX is a load fund with an expense ratio of 0.64%, which is lower than the category average. Overall, AMHIX is considered a good potential choice for investors [492ae010].

VSGBX is a mutual fund managed by Vanguard Group with a Zacks Mutual Fund Rank of 1 (Strong Buy) [02ddee88]. It has garnered over $417.95 million in assets since its debut in 1987. The fund is currently managed by Brian Quigley. VSGBX has a 5-year annualized total return of 0.84% and a 3-year annualized total return of -1.64%. Its standard deviation over the past 3 years is 2.33%, making it less volatile than its peers. The fund has a beta of 0.38 and a negative alpha of -0.36. In terms of fees, VSGBX is a no load fund with an expense ratio of 0.20%, which is lower than the category average of 0.64%. Overall, with its high Zacks Mutual Fund rank, strong performance, better downside risk, and lower fees, VSGBX is considered a good potential choice for investors [02ddee88].

PGIM Total Return Bond Z (PDBZX) is another mutual fund in the bond category that investors should consider. It has a Zacks Mutual Fund Rank of 1 (Strong Buy) [af8264a3]. Since its debut in September 1996, it has garnered over $18.13 billion in assets. PDBZX has a 5-year annualized total return of 0.77% and a 3-year annualized total return of -4.69%. It has a lower standard deviation compared to its category peers, indicating less volatility. The fund has a beta of 0.92 and a positive alpha of 0.24, suggesting it is less volatile than the broad market index of fixed income securities. PDBZX focuses on high-quality bonds, with 58.32% in high-quality bonds rated at least 'AA' or higher. The fund has an expense ratio of 0.49%, making it cheaper than its peers. Overall, PDBZX is a potential choice for investors looking for a strong bond fund [af8264a3].

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