PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
Payden California Municipal Social Impact Fund (PY...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Payden California Municipal Social Impact Fund (PYCRX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

Under normal market circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in "California Municipal Securities," which are defined as debt obligations issued by the State of California, local governments and other authorities in California, and their agencies and instrumentalities, or by other issuers, all of which pay interest income exempt from Federal and California personal income tax.

Fund Info

ISIN

US7043295150

CUSIP

704329515

Issuer

Paydenfunds

Inception Date

Dec 16, 1998

Category

Municipal Bonds

Min. Investment

$5,000

Asset Class

Bond

Expense Ratio

PYCRX has an expense ratio of 0.45%, placing it in the medium range.

Share Price Chart

Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Payden California Municipal Social Impact Fund

Performance

Performance Chart

Loading data...

S&P 500

Returns By Period

Payden California Municipal Social Impact Fund (PYCRX) returned -0.28% year-to-date (YTD) and 3.21% over the past 12 months. Over the past 10 years, PYCRX returned 2.42% annually, underperforming the S&P 500 benchmark at 10.85%.

PYCRX

YTD

-0.28%

1M

0.09%

6M

-1.11%

1Y

3.21%

3Y*

2.73%

5Y*

1.57%

10Y*

2.42%

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of PYCRX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.40%1.38%-1.21%-0.52%-0.31%-0.28%
2024-0.11%-0.13%0.29%-1.42%0.30%1.31%1.01%0.90%0.88%-1.20%1.40%-1.21%1.98%
20232.39%-1.61%1.89%0.24%-0.66%0.45%0.46%-0.75%-1.89%-0.65%4.65%2.23%6.76%
2022-2.27%-0.10%-2.62%-2.29%1.15%-0.98%1.89%-1.56%-2.82%-0.52%3.42%0.34%-6.38%
20210.43%-1.48%0.24%0.80%0.32%0.37%1.07%-0.25%-0.64%-0.55%0.58%0.16%1.03%
20201.82%1.49%-3.73%-1.66%2.56%1.04%1.61%0.35%0.16%-0.12%1.47%0.63%5.60%
20190.52%0.59%1.60%0.31%1.57%0.58%0.68%1.72%-0.56%0.10%0.17%0.31%7.83%
2018-1.27%-0.33%0.39%-0.31%1.17%0.08%0.29%0.39%-0.80%-0.77%0.91%0.87%0.59%
20170.57%0.44%0.36%0.76%1.45%-0.23%0.65%0.85%-0.22%0.47%-0.22%1.04%6.05%
20161.04%0.24%0.15%0.38%0.14%1.10%0.05%0.14%-0.25%-0.71%-3.42%0.69%-0.52%
20151.73%-1.06%0.29%-0.49%-0.29%-0.11%0.57%0.08%0.65%0.27%0.16%0.58%2.39%
20141.49%0.98%-0.37%1.08%0.88%0.09%0.09%0.96%-0.10%0.57%0.09%0.16%6.06%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PYCRX is 53, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of PYCRX is 5353
Overall Rank
The Sharpe Ratio Rank of PYCRX is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of PYCRX is 4040
Sortino Ratio Rank
The Omega Ratio Rank of PYCRX is 5959
Omega Ratio Rank
The Calmar Ratio Rank of PYCRX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of PYCRX is 5050
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Payden California Municipal Social Impact Fund (PYCRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Payden California Municipal Social Impact Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.70
  • 5-Year: 0.50
  • 10-Year: 0.77
  • All Time: 1.16

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Payden California Municipal Social Impact Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Payden California Municipal Social Impact Fund provided a 3.52% dividend yield over the last twelve months, with an annual payout of $0.34 per share. The fund has been increasing its distributions for 3 consecutive years.

1.00%2.00%3.00%4.00%5.00%$0.00$0.10$0.20$0.30$0.40$0.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.34$0.34$0.33$0.18$0.16$0.40$0.47$0.25$0.24$0.33$0.35$0.32

Dividend yield

3.52%3.48%3.32%1.83%1.50%3.73%4.54%2.45%2.28%3.31%3.35%3.05%

Monthly Dividends

The table displays the monthly dividend distributions for Payden California Municipal Social Impact Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.03$0.03$0.03$0.03$0.00$0.11
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2023$0.02$0.02$0.02$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.06$0.33
2022$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.18
2021$0.02$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.16
2020$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.20$0.40
2019$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.24$0.47
2018$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.04$0.25
2017$0.02$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.06$0.24
2016$0.02$0.02$0.02$0.00$0.02$0.02$0.02$0.02$0.01$0.02$0.01$0.18$0.33
2015$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.14$0.35
2014$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.10$0.32

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Payden California Municipal Social Impact Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Payden California Municipal Social Impact Fund was 10.80%, occurring on Oct 26, 2022. Recovery took 439 trading sessions.

The current Payden California Municipal Social Impact Fund drawdown is 2.03%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.8%Aug 5, 2021310Oct 26, 2022439Jul 31, 2024749
-9.44%Mar 10, 202010Mar 23, 2020167Nov 17, 2020177
-8.07%Sep 12, 200826Oct 17, 200858Jan 12, 200984
-5.46%Mar 15, 200443May 13, 2004111Oct 21, 2004154
-5.35%Sep 1, 201096Jan 18, 2011132Jul 27, 2011228
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading data...