Skip to Content
Morningstar

Payden Equity Income Adviser PYVAX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 17.10  /  +0.29 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 0.980%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Large Value
  • Investment Style Large Blend
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 1.30%
  • Turnover 111%

USD | NAV as of Apr 20, 2024 | 1-Day Return as of Apr 20, 2024, 12:21 AM GMT+0

Morningstar’s Analysis PYVAX

Will PYVAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PYVAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PYVAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PYVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Payden Equity Income Adviser's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PYVAX

More PYVAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Payden Cash Reserves Money Market

5.55 67.8 Mil
Cash and Equivalents

E-mini S&P 500 Future Dec 23

5.08 62.1 Mil
—

Usd/Eur Fwd 20240318 00908

3.64 44.5 Mil
Derivative

JPMorgan Chase & Co

2.57 31.4 Mil
Financial Services

Microsoft Corp

2.26 27.6 Mil
Technology

Exxon Mobil Corp

2.12 25.9 Mil
Energy

Morgan Stanley

2.04 25.0 Mil
Financial Services

Comcast Corp Class A

1.90 23.3 Mil
Communication Services

Costco Wholesale Corp

1.84 22.5 Mil
Consumer Defensive

Salesforce Inc

1.80 22.0 Mil
Technology