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Morningstar

Payden Global Low Duration PYGSX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 9.57  /  −0.10 %
  • Total Assets 45.3 Mil
  • Adj. Expense Ratio
    0.530%
  • Expense Ratio 0.530%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 4.09%
  • Effective Duration 1.82 years

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:13 AM GMT+0

Morningstar’s Analysis PYGSX

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

  • People Pillar

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

A sound investment process and strong management team underpin Payden Global Low Duration's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PYGSX

More PYGSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Mar 24

19.31 8.6 Mil
Government

3 Month SOFR Future Sept 23

18.04 8.0 Mil
Government

United States Treasury Notes 4.38%

4.08 1.8 Mil
Government

United States Treasury Notes 5%

2.80 1.2 Mil
Government

Swedish Export Credit Corporation 3.63%

2.21 986,483
Government

BNG Bank N.V. 3.5%

1.66 739,683
Government

Export Development Canada 3.38%

1.64 733,067
Government

Kommuninvest I Sverige AB 3.25%

1.57 698,120
Government

Federal National Mortgage Association 4.5%

1.55 692,975
Government

CONNECTICUT AVENUE SECURITIES TRUST 7.33%

1.55 692,506
Securitized