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Morningstar

Payden US Government PYUSX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 9.25  /  −0.10 %
  • Total Assets 67.5 Mil
  • Adj. Expense Ratio
    0.440%
  • Expense Ratio 0.440%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 3.66%
  • Effective Duration 2.20 years

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

Morningstar’s Analysis PYUSX

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

  • People Pillar

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

Payden US Government boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

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Portfolio Holdings PYUSX

More PYUSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 45.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.88%

13.38 8.3 Mil
Government

United States Treasury Notes 4.25%

7.71 4.8 Mil
Government

United States Treasury Notes 3.5%

7.15 4.4 Mil
Government

Bond- Unsettled Sales

6.61 4.1 Mil
Cash and Equivalents

United States Treasury Notes 4.25%

6.43 4.0 Mil
Government

United States Treasury Notes 3.63%

6.36 3.9 Mil
Government

5 Year Treasury Note Future Mar 24

5.22 3.2 Mil
Government

United States Treasury Notes 3.25%

3.92 2.4 Mil
Government

Payden Cash Reserves Money Market

3.19 2.0 Mil
Cash and Equivalents

Federal Home Loan Mortgage Corp. 6%

2.95 1.8 Mil
Securitized