Payden Corporate Bond Fund (PYACX) belongs to the Corporate Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PYACX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYACX
PYACX charges 0.65% annually. There are 23 mutual funds in the Corporate Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.05% | — | Nov 2009 | PYACX vs VICBX | |
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 0.05% | — | Nov 2009 | PYACX vs VLCIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 0.05% | — | Nov 2009 | PYACX vs VSTBX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.07% | 68.10B | Mar 2010 | PYACX vs VICSX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 0.07% | 49.50B | Nov 2010 | PYACX vs VSCSX |
Best Risk-Adjusted Alternatives to PYACX
PYACX has a PortfoliosLab risk / return rank of 24. There are 33 mutual funds in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 92 | — | Dec 2014 | PYACX vs MIFIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 81 | — | Nov 2009 | PYACX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 80 | 49.50B | Nov 2010 | PYACX vs VSCSX | |
| John Hancock Managed Account Shares Investment-Gra... | 48 | — | Jul 2019 | PYACX vs JMABX | |
| T. Rowe Price Corporate Income Fund | 44 | — | Oct 1995 | PYACX vs PRPIX |
Top Performing PYACX Alternatives (YTD)
PYACX is at 0.47% YTD. There are 32 mutual funds in the Corporate Bonds category with higher YTD returns, going as high as 5.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 5.40% | — | Dec 2014 | PYACX vs MIFIX | |
| Western Asset SMASh Series C Fund | 1.82% | — | Dec 2006 | PYACX vs LMLCX | |
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 1.23% | — | Nov 2009 | PYACX vs VLCIX | |
| Vanguard Long-Term Corporate Bond Index Fund Admir... | 1.22% | 8.60B | Jan 2010 | PYACX vs VLTCX | |
| AB Corporate Income Shares | 0.98% | — | Dec 2006 | PYACX vs ACISX |
Lowest Volatility Alternatives to PYACX
PYACX has 4.28% 1-year volatility. There are 24 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.75%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 1.75% | 49.50B | Nov 2010 | PYACX vs VSCSX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 1.76% | — | Nov 2009 | PYACX vs VSTBX | |
| LKCM Fixed Income Fund | 2.58% | — | Dec 1997 | PYACX vs LKFIX | |
| iMGP Dolan McEniry Corporate Bond Fund | 2.89% | — | Sep 2018 | PYACX vs IDMIX | |
| Miller Intermediate Bond Fund | 3.02% | — | Dec 2014 | PYACX vs MIFIX |
Lowest Drawdown Alternatives to PYACX
PYACX has a 1-year max drawdown of -3.20%. There are 18 mutual funds in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Inst... | -1.31% | — | Nov 2009 | PYACX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | -1.36% | 49.50B | Nov 2010 | PYACX vs VSCSX | |
| LKCM Fixed Income Fund | -1.76% | — | Dec 1997 | PYACX vs LKFIX | |
| Federated Hermes Intermediate Corporate Bond Fund | -2.28% | — | Dec 1993 | PYACX vs FIIFX | |
| iMGP Dolan McEniry Corporate Bond Fund | -2.38% | — | Sep 2018 | PYACX vs IDMIX |
Other Mutual Funds from Paydenfunds
The 10 most viewed Paydenfunds mutual funds shown here include PYHRX, PYFRX, PYELX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden High Income Fund | High Yield Bonds | 95 | 2.36% | — | Dec 1997 | PYACX vs PYHRX | |
| Payden Floating Rate Fund | Bank Loan | 98 | 1.52% | — | Nov 2013 | PYACX vs PYFRX | |
| Payden Emerging Markets Local Bond Fund | Emerging Markets Bonds | 30 | 1.20% | — | Nov 2011 | PYACX vs PYELX | |
| Payden Global Low Duration Fund | Global Bonds | 80 | 0.64% | — | Sep 1996 | PYACX vs PYGSX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 68 | 0.82% | — | Nov 2014 | PYACX vs PYARX | |
| Payden Emerging Markets Corporate Bond Fund | Emerging Markets Bonds | 89 | 1.98% | — | Nov 2013 | PYACX vs PYCEX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 97 | 1.39% | — | Apr 1994 | PYACX vs PYLMX | |
| Payden/Kravitz Cash Balance Plan Fund | Multisector Bonds | 83 | 1.51% | — | Sep 2008 | PYACX vs PKBIX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 31 | 0.39% | — | Dec 1993 | PYACX vs PYCBX | |
| Payden Equity Income Fund | Large Cap Value Equities | 64 | 9.82% | — | Nov 1996 | PYACX vs PYVLX |
Often Compared With PYACX
Investors most often compare PYACX with PIMIX, PYGFX, PYCRX. These 11 comparison targets span 7 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Total Bond Market | 45 | 1.00% | — | Mar 2007 | PYACX vs PIMIX | |
| Payden Global Fixed Income Fund | Global Bonds | 22 | 0.54% | — | Aug 1992 | PYACX vs PYGFX | |
| Payden California Municipal Social Impact Fund | Municipal Bonds | 64 | 1.28% | — | Dec 1998 | PYACX vs PYCRX | |
| Payden Strategic Income Fund | Short-Term Bond | 75 | 0.83% | — | May 2014 | PYACX vs PYSGX | |
| Payden U.S. Government Fund | Government Bonds | 34 | 0.17% | — | Jan 1995 | PYACX vs PYUSX | |
| Payden Emerging Markets Bond Fund | Emerging Markets Bonds | 85 | 2.78% | — | Dec 1998 | PYACX vs PYEMX | |
| Brandes Separately Managed Account Reserve Trust | Corporate Bonds | 28 | 0.74% | — | Oct 2005 | PYACX vs SMARX | |
| Invesco Bond Fund | Corporate Bonds | 5 | -0.95% | — | Oct 1970 | PYACX vs VBF | |
| Payden Low Duration Fund | Short-Term Bond | 63 | 0.63% | — | Dec 1993 | PYACX vs PYSBX | |
| Payden GNMA Fund | Government Bonds | 27 | 0.73% | — | Aug 1999 | PYACX vs PYGNX | |
| DFA Intermediate-Term Extended Quality Portfolio F... | Corporate Bonds | 33 | 0.97% | — | Jul 2010 | PYACX vs DFTEX |
Compare PYACX with Any Fund or Stock
Compare PYACX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYACX with funds that move differently
Payden Corporate Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYACX.
Explore PYACX Diversifiers