Subject: Re: Fixed income/bond investments
“Apparently testfol.io, like most sites, does not adjust for dividends in the base chart. Stockcharts does. Try out this accurate chart instead.
https://schrts.co/VMIuzkWx

I believe testfol is total return. If not it’s useless.

Is your chart using the same y-axis units for both?

Also from Stockcharts:

https://stockcharts.com/freech...

PONRX acts just as a bond fund with a large expense ratio might be expected to.