Payden Global Low Fund Quote
PYGSX Fund | USD 9.70 0.01 0.10% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Payden Global is trading at 9.70 as of the 12th of December 2024; that is 0.1% down since the beginning of the trading day. The fund's open price was 9.71. Payden Global has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 12th of November 2024 and ending today, the 12th of December 2024. Click here to learn more.
The fund invests in a wide variety of debt instruments and income-producing securities. The fund invests at least 65 percent of its total assets in investment grade debt securities. However, the fund may invest up to 35 percent of its total assets in debt securities rated below investment grade. More on Payden Global Low
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Payden Mutual Fund Highlights
Fund Concentration | Paydenfunds Funds, Large Funds, Short-Term Bond Funds, Short-Term Bond, Paydenfunds, Large, Short-Term Bond (View all Sectors) |
Update Date | 31st of December 2024 |
Expense Ratio Date | 28th of February 2023 |
Fiscal Year End | October |
Payden Global Low [PYGSX] is traded in USA and was established 12th of December 2024. Payden Global is listed under Paydenfunds category by Fama And French industry classification. The fund is listed under Short-Term Bond category and is part of Paydenfunds family. This fund at this time has accumulated 68 M in assets with minimum initial investment of 5 K. Payden Global Low is currently producing year-to-date (YTD) return of 5.31% with the current yeild of 0.0%, while the total return for the last 3 years was 2.44%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Payden Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Payden Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Payden Global Low Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Payden Global Low Risk Profiles
Mean Deviation | 0.075 | |||
Semi Deviation | 0.1003 | |||
Standard Deviation | 0.11 | |||
Variance | 0.0121 |
Payden Global Against Markets
Other Information on Investing in Payden Mutual Fund
Payden Global financial ratios help investors to determine whether Payden Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Payden with respect to the benefits of owning Payden Global security.
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |