Payden Equity Income Fund Quote
| PYVAX Fund | USD 19.81 0.16 0.81% |
Performance13 of 100
| Odds Of DistressLess than 17
|
Payden Equity is trading at 19.81 as of the 23rd of November 2024; that is 0.81% up since the beginning of the trading day. The fund's open price was 19.65. Payden Equity has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Payden Equity Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 23rd of November 2024. Click here to learn more.
The fund invests primarily in large capitalization value stocks, defined as stocks with sustainable cash flows that have the ability to pay and grow their dividends over time, and other income producing equity securities, including by way of example, preferred stocks, real estate investment trusts and master limited partnerships.. More on Payden Equity Income
Moving together with Payden Mutual Fund
| 0.89 | PYAIX | Payden Absolute Return | PairCorr |
| 0.89 | PYARX | Payden Absolute Return | PairCorr |
| 0.67 | PYCEX | Payden Emerging Markets | PairCorr |
| 0.69 | PYCHX | Payden Regal | PairCorr |
Moving against Payden Mutual Fund
Payden Mutual Fund Highlights
| Fund Concentration | Paydenfunds Funds, Large Value Funds, Large Value, Paydenfunds (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Payden Equity Income [PYVAX] is traded in USA and was established 23rd of November 2024. Payden Equity is listed under Paydenfunds category by Fama And French industry classification. The fund is listed under Large Value category and is part of Paydenfunds family. This fund at this time has accumulated 1.27 B in assets with no minimum investment requirementsPayden Equity Income is currently producing year-to-date (YTD) return of 18.78% with the current yeild of 0.01%, while the total return for the last 3 years was 5.71%.
Check Payden Equity Probability Of Bankruptcy
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 Equity Income 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.
Top Payden Equity Income Mutual Fund Constituents
| MCD | McDonalds | Stock | Consumer Discretionary | |
| MDT | Medtronic PLC | Stock | Health Care | |
| ALB | Albemarle Corp | Stock | Materials | |
| AVB | AvalonBay Communities | Stock | Real Estate | |
| QCOM | Qualcomm Incorporated | Stock | Information Technology | |
| DOV | Dover | Stock | Industrials | |
| AAPL | Apple Inc | Stock | Information Technology | |
| EPD | Enterprise Products Partners | Stock | Energy |
Payden Equity Income Risk Profiles
| Mean Deviation | 0.5061 | |||
| Semi Deviation | 0.3601 | |||
| Standard Deviation | 0.641 | |||
| Variance | 0.4108 |
Payden Equity Against Markets
Other Information on Investing in Payden Mutual Fund
Payden Equity 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 Equity security.
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