Payden Global Low Duration Fund

Class No Load (PYGSX)
Scorecard
2 / 5 Stars
Lipper
1 1 5 5 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C+ (Hold)

#9 in World Bond

U.S. News evaluated 97 World Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 0.81 percent over the past year, 2.39 percent over the past three years, 4.01 percent over the past five years, and 2.98 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 0.6%
1 Year 0.8%
3 Years (Annualized) 2.4%
5 Years (Annualized) 4.0%
10 Years (Annualized) 3.0%

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Summary

The investment seeks a high level of total return that is consistent with preservation of capital. The fund invests in a wide variety of debt instruments and income-producing securities. The fund invests at least 65% of its total assets in investment grade debt securities. However, the fund may invest up to 35% of its total assets in debt securities rated below investment grade (commonly called "junk bonds"). The overall average credit quality of the fund will remain investment grade. It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Payden Global Low Duration Fund has an expense ratio of 0.60 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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