Payden California Municipal Social Impact Fund (PYCRX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PYCRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYCRX
PYCRX charges 0.45% annually. There are 95 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | PYCRX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | PYCRX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | PYCRX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | PYCRX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | PYCRX vs FSMUX |
Best Risk-Adjusted Alternatives to PYCRX
PYCRX has a PortfoliosLab risk / return rank of 70. There are 378 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | PYCRX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | PYCRX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | PYCRX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | PYCRX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | PYCRX vs TFCYX |
Top Performing PYCRX Alternatives (YTD)
PYCRX is at 1.16% YTD. There are 367 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen New York AMT Free Quality Municipal Income | 10.89% | — | Nov 2002 | PYCRX vs NRK | |
| Nuveen Municipal Income Fund, Inc. | 10.46% | — | Apr 1998 | PYCRX vs NMI | |
| BlackRock MuniYield Michigan Quality Fund | 9.15% | — | Oct 1992 | PYCRX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 7.14% | — | Nov 2001 | PYCRX vs AFB | |
| BlackRock MuniHoldings California Quality Fund | 7.14% | — | Feb 1998 | PYCRX vs MUC |
Lowest Volatility Alternatives to PYCRX
PYCRX has 2.48% 1-year volatility. There are 190 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.55% | — | Aug 2002 | PYCRX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.55% | — | Apr 2022 | PYCRX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | PYCRX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | PYCRX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | PYCRX vs USMTX |
Lowest Drawdown Alternatives to PYCRX
PYCRX has a 1-year max drawdown of -2.95%. There are 304 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | PYCRX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | PYCRX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | PYCRX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | PYCRX vs FHMIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | PYCRX vs DFSMX |
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 | 2.68% | — | Dec 1997 | PYCRX vs PYHRX | |
| Payden Floating Rate Fund | Bank Loan | 98 | 2.08% | — | Nov 2013 | PYCRX vs PYFRX | |
| Payden Emerging Markets Local Bond Fund | Emerging Markets Bonds | 31 | 1.47% | — | Nov 2011 | PYCRX vs PYELX | |
| Payden Global Low Duration Fund | Global Bonds | 85 | 0.88% | — | Sep 1996 | PYCRX vs PYGSX | |
| Payden Emerging Markets Corporate Bond Fund | Emerging Markets Bonds | 91 | 2.15% | — | Nov 2013 | PYCRX vs PYCEX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 80 | 1.33% | — | Nov 2014 | PYCRX vs PYARX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 98 | 1.65% | — | Apr 1994 | PYCRX vs PYLMX | |
| Payden/Kravitz Cash Balance Plan Fund | Multisector Bonds | 91 | 2.02% | — | Sep 2008 | PYCRX vs PKBIX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 25 | -0.05% | — | Dec 1993 | PYCRX vs PYCBX | |
| Payden Corporate Bond Fund | Corporate Bonds | 18 | -0.27% | — | Mar 2009 | PYCRX vs PYACX |
Often Compared With PYCRX
Investors most often compare PYCRX with VCADX, PYGFX, PYVLX. These 11 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard California Intermediate-Term Tax-Exempt F... | Municipal Bonds | 72 | 1.17% | 19.30B | Nov 2001 | PYCRX vs VCADX | |
| Payden Global Fixed Income Fund | Global Bonds | 21 | 0.37% | — | Aug 1992 | PYCRX vs PYGFX | |
| Payden Equity Income Fund | Large Cap Value Equities | 77 | 10.96% | — | Nov 1996 | PYCRX vs PYVLX | |
| Payden Emerging Markets Bond Fund | Emerging Markets Bonds | 88 | 3.16% | — | Dec 1998 | PYCRX vs PYEMX | |
| Nuveen Virginia Quality Municipal Income Fund | Municipal Bonds | 28 | 6.53% | — | Mar 1993 | PYCRX vs NPV | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 20 | 1.00% | — | Dec 2017 | PYCRX vs APUSX | |
| DFA NY Municipal Bond Portfolio | Municipal Bonds | 99 | 1.29% | — | Jun 2015 | PYCRX vs DNYMX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 1.02% | — | Dec 2017 | PYCRX vs FGNSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 90 | 2.11% | — | Jun 2012 | PYCRX vs FXIEX | |
| BlackRock MuniYield Quality Fund | Municipal Bonds | 35 | 6.25% | — | Jul 1992 | PYCRX vs MQY | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 71 | 6.52% | — | Mar 1998 | PYCRX vs MUJ |
Compare PYCRX with Any Fund or Stock
Compare PYCRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYCRX with funds that move differently
Payden California Municipal Social Impact Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYCRX.
Explore PYCRX Diversifiers