Payden Global Fixed Income Fund (PYGFX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PYGFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYGFX
PYGFX charges 0.70% annually. There are 40 mutual funds in the Global Bonds category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | PYGFX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | PYGFX vs VTILX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | PYGFX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | PYGFX vs VTIBX | |
| DFA Two Year Global Fixed Income Portfolio | 0.16% | — | Feb 1996 | PYGFX vs DFGFX |
Best Risk-Adjusted Alternatives to PYGFX
PYGFX has a PortfoliosLab risk / return rank of 22. There are 24 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | PYGFX vs DGFFX | |
| Eaton Vance Global Bond Fund | 90 | — | Jun 2007 | PYGFX vs EAIIX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 87 | — | Dec 2008 | PYGFX vs PRSNX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 86 | — | Jan 2008 | PYGFX vs DFSHX | |
| Payden Global Low Duration Fund | 80 | — | Sep 1996 | PYGFX vs PYGSX |
Top Performing PYGFX Alternatives (YTD)
PYGFX is at 0.54% YTD. There are 38 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.75% | — | Jun 2007 | PYGFX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 2.88% | — | Oct 2013 | PYGFX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.55% | — | Mar 2017 | PYGFX vs DGFFX | |
| Templeton Global Bond Fund | 2.14% | — | Sep 1986 | PYGFX vs TPINX | |
| Templeton Global Bond Fund - Class R | 2.05% | — | Feb 2009 | PYGFX vs FGBRX |
Lowest Volatility Alternatives to PYGFX
PYGFX has 3.08% 1-year volatility. There are 18 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.52% | — | Jan 2008 | PYGFX vs DFSHX | |
| Payden Global Low Duration Fund | 1.53% | — | Sep 1996 | PYGFX vs PYGSX | |
| DFA Two Year Global Fixed Income Portfolio | 1.58% | — | Feb 1996 | PYGFX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.88% | — | Nov 1990 | PYGFX vs DFGBX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | PYGFX vs SAXIX |
Lowest Drawdown Alternatives to PYGFX
PYGFX has a 1-year max drawdown of -3.20%. There are 35 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | PYGFX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | PYGFX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | PYGFX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | PYGFX vs DFGBX | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | PYGFX vs DFGFX |
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 | PYGFX vs PYHRX | |
| Payden Floating Rate Fund | Bank Loan | 98 | 1.52% | — | Nov 2013 | PYGFX vs PYFRX | |
| Payden Emerging Markets Local Bond Fund | Emerging Markets Bonds | 30 | 1.20% | — | Nov 2011 | PYGFX vs PYELX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 68 | 0.82% | — | Nov 2014 | PYGFX vs PYARX | |
| Payden Emerging Markets Corporate Bond Fund | Emerging Markets Bonds | 89 | 1.98% | — | Nov 2013 | PYGFX vs PYCEX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 97 | 1.39% | — | Apr 1994 | PYGFX vs PYLMX | |
| Payden/Kravitz Cash Balance Plan Fund | Multisector Bonds | 83 | 1.51% | — | Sep 2008 | PYGFX vs PKBIX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 31 | 0.39% | — | Dec 1993 | PYGFX vs PYCBX | |
| Payden Corporate Bond Fund | Corporate Bonds | 24 | 0.47% | — | Mar 2009 | PYGFX vs PYACX | |
| Payden Equity Income Fund | Large Cap Value Equities | 64 | 9.82% | — | Nov 1996 | PYGFX vs PYVLX |
Often Compared With PYGFX
Investors most often compare PYGFX with PYCRX, PELBX, UDBPX. These 8 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden California Municipal Social Impact Fund | Municipal Bonds | 64 | 1.28% | — | Dec 1998 | PYGFX vs PYCRX | |
| PIMCO Emerging Markets Local Currency and Bond Fun... | Emerging Markets Bonds | 36 | 1.60% | — | Dec 2006 | PYGFX vs PELBX | |
| UBS Sustainable Development Bank Bond Fund | Global Bonds | 20 | 0.16% | — | Oct 2018 | PYGFX vs UDBPX | |
| T. Rowe Price International Bond Fund (USD Hedged) | Global Bonds | 39 | 0.97% | — | Sep 2017 | PYGFX vs TNBMX | |
| Saturna Sustainable Bond Fund | Global Bonds | 46 | 1.81% | — | Mar 2015 | PYGFX vs SEBFX | |
| Dodge & Cox Global Bond Fund | Global Bonds | 33 | 1.33% | — | May 2014 | PYGFX vs DOXLX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | Global Bonds | 9 | 1.75% | — | Oct 2006 | PYGFX vs GOBSX | |
| Payden Emerging Markets Bond Fund | Emerging Markets Bonds | 85 | 2.78% | — | Dec 1998 | PYGFX vs PYEMX |
Compare PYGFX with Any Fund or Stock
Compare PYGFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYGFX with funds that move differently
Payden Global Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYGFX.
Explore PYGFX Diversifiers