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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 9.45  /  0.00
  • Total Assets 48.3 Mil
  • Adj. Expense Ratio
    0.530%
  • Expense Ratio 0.530%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 3.58%
  • Effective Duration 1.84 years

USD | NAV as of Sep 30, 2023 | 1-Day Return as of Sep 30, 2023, 12:17 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.

Payden Global Low Duration’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PYGSX

More PYGSX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 230
  • Other Holdings 25
  • % Assets in Top 10 Holdings 42.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US 2 Year Note (CBT) Sept13

35.61
24,172,805
Government

3 Month SOFR Future Sept 23

11.85
8,040,575
Government

Payden Cash Reserves Money Market

3.08
2,090,892
Cash and Equivalents

United States Treasury Notes 4%

3.07
2,081,276
Government

United States Treasury Notes 4.125%

3.03
2,059,670
Government

United States Treasury Notes 3%

2.60
1,766,797
Government

Swedish Export Credit Corporation 3.625%

1.44
976,916
Government

DEXIA BANQUE PRIVEE FRANCE 5.16105%

1.12
758,038
Cash and Equivalents

Canadian National Railway Company 5.28703%

1.10
749,783
Cash and Equivalents

Air Liquide Us Llc 5.17368%

1.10
747,778
Cash and Equivalents