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Morningstar

Payden GNMA PYGNX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 7.60  /  +0.43 %
  • Total Assets 94.5 Mil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 3.44%
  • Effective Duration 5.74 years

USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:12 AM GMT+0

Morningstar’s Analysis PYGNX

Will PYGNX 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 PYGNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PYGNX 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 PYGNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Payden GNMA's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PYGNX

More PYGNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Government National Mortgage Association 6%

6.72 6.8 Mil
Securitized

Government National Mortgage Association 5.5%

4.93 5.0 Mil
Securitized

Government National Mortgage Association 5%

3.66 3.7 Mil
Securitized

Government National Mortgage Association 4.5%

2.54 2.6 Mil
Securitized

Government National Mortgage Association 3.5%

2.40 2.4 Mil
Securitized

Government National Mortgage Association 2.5%

2.32 2.3 Mil
Securitized

Government National Mortgage Association 2.5%

2.13 2.2 Mil
Securitized

Government National Mortgage Association 2.5%

2.11 2.1 Mil
Securitized

Government National Mortgage Association 2.5%

2.00 2.0 Mil
Securitized

Government National Mortgage Association 3.5%

1.97 2.0 Mil
Securitized