Payden GNMA Fund (PYGNX)
The fund invests at least 80% of its total assets in Government National Mortgage Association mortgage-backed securities, which are debt securities representing part ownership in a pool of mortgage loans backed by the full faith and credit of the U.S. government. It invests the balance of its assets primarily in other "U.S. government Obligations," which are defined as U.S. Treasury bills, notes and bonds, and other bonds and mortgage-backed securities issued or guaranteed by the U.S. government, or by government sponsored enterprises.
Fund Info
US7043294732
704329473
Aug 26, 1999
$5,000
Expense Ratio
PYGNX features an expense ratio of 0.45%, falling within 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.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Payden GNMA Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Payden GNMA Fund had a return of 0.53% year-to-date (YTD) and 4.18% in the last 12 months. Over the past 10 years, Payden GNMA Fund had an annualized return of 0.49%, while the S&P 500 had an annualized return of 11.26%, indicating that Payden GNMA Fund did not perform as well as the benchmark.
PYGNX
0.53%
0.53%
-1.24%
4.18%
-1.16%
0.49%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of PYGNX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.27% | 0.53% | |||||||||||
| 2024 | -0.49% | -1.54% | 0.96% | -2.75% | 1.80% | 0.98% | 2.58% | 1.48% | 1.07% | -2.91% | 1.23% | -1.40% | 0.82% |
| 2023 | 3.02% | -2.41% | 1.97% | 0.52% | -0.90% | -0.52% | 0.00% | -0.92% | -3.19% | -2.05% | 5.10% | 4.19% | 4.51% |
| 2022 | -1.38% | -0.62% | -2.55% | -3.47% | 0.78% | -1.73% | 3.04% | -3.21% | -5.13% | -1.21% | 3.44% | -0.92% | -12.53% |
| 2021 | -0.10% | -0.60% | -0.21% | 0.43% | -0.60% | 0.04% | 0.26% | -0.08% | -0.17% | -0.38% | -0.18% | -0.23% | -1.81% |
| 2020 | 0.46% | 0.88% | 1.75% | 0.58% | 0.25% | -0.08% | -0.17% | 0.01% | -0.22% | 0.21% | 0.33% | 0.21% | 4.27% |
| 2019 | 0.94% | -0.04% | 1.28% | -0.25% | 1.38% | 0.82% | 0.38% | 0.92% | 0.06% | 0.26% | -0.05% | -0.12% | 5.70% |
| 2018 | -1.11% | -0.83% | 0.57% | -0.71% | 0.95% | -0.04% | -0.06% | 0.48% | -0.59% | -0.83% | 0.85% | 1.75% | 0.38% |
| 2017 | -0.16% | 0.46% | -0.16% | 0.48% | 0.49% | -0.46% | 0.47% | 0.47% | 0.04% | -0.17% | -0.27% | 0.11% | 1.32% |
| 2016 | 1.12% | 0.37% | 0.28% | 0.27% | 0.27% | 0.77% | 0.13% | 0.03% | 0.34% | -0.18% | -1.41% | -0.16% | 1.80% |
| 2015 | 0.72% | -0.11% | 0.40% | 0.40% | -0.21% | -0.71% | 0.40% | -0.11% | 0.49% | 0.08% | -0.22% | 0.09% | 1.22% |
| 2014 | 1.79% | 0.36% | -0.45% | 0.97% | 0.75% | 0.35% | -0.55% | 1.05% | -0.26% | 1.14% | 0.51% | 0.13% | 5.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PYGNX is 26, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Payden GNMA Fund (PYGNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Payden GNMA Fund provided a 3.30% dividend yield over the last twelve months, with an annual payout of $0.25 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.27 | $0.24 | $0.28 | $0.29 | $0.27 | $0.32 | $0.30 | $0.31 | $0.30 | $0.35 | $0.41 |
Dividend yield | 3.30% | 3.61% | 3.16% | 3.71% | 3.22% | 2.81% | 3.37% | 3.28% | 3.24% | 3.08% | 3.59% | 4.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Payden GNMA Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.04 | $0.29 |
| 2020 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.32 |
| 2018 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2017 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.31 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.30 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.41 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Payden GNMA 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 GNMA Fund was 19.05%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current Payden GNMA Fund drawdown is 9.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.05% | Feb 2, 2021 | 682 | Oct 19, 2023 | — | — | — |
| -7.59% | Oct 3, 2012 | 231 | Sep 5, 2013 | 334 | Jan 2, 2015 | 565 |
| -3.83% | Nov 17, 1999 | 123 | May 12, 2000 | 111 | Oct 19, 2000 | 234 |
| -3.58% | Nov 1, 2001 | 98 | Mar 25, 2002 | 97 | Aug 12, 2002 | 195 |
| -3.37% | Oct 4, 2016 | 408 | May 17, 2018 | 158 | Jan 3, 2019 | 566 |
Volatility
Volatility Chart
The current Payden GNMA Fund volatility is 1.49%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.