PYGNX Alternatives & Similar Mutual Funds

Payden GNMA Fund (PYGNX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PYGNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PYGNX

PYGNX charges 0.45% annually. There are 35 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	0.01%	—	Mar 2009	PYGNX vs GUSTX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	PYGNX vs FUMBX
FNBGX	Fidelity Long-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	PYGNX vs FNBGX
FUAMX	Fidelity Intermediate Treasury Bond Index Fund	0.03%	—	—	PYGNX vs FUAMX
FBLTX	Fidelity SAI Long-Term Treasury Bond Index Fund	0.03%	—	Oct 2015	PYGNX vs FBLTX

Best Risk-Adjusted Alternatives to PYGNX

PYGNX has a PortfoliosLab risk / return rank of 29. There are 35 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	99	—	Dec 1985	PYGNX vs FEUGX
GUSTX	GMO U.S. Treasury Fund	99	—	Mar 2009	PYGNX vs GUSTX
MDSIX	Integrity Short Term Government Fund	91	—	Jun 2011	PYGNX vs MDSIX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	86	—	Aug 2010	PYGNX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	85	33.90B	Dec 2009	PYGNX vs VSBSX

Top Performing PYGNX Alternatives (YTD)

PYGNX is at 1.13% YTD. There are 23 mutual funds in the Government Bonds category with higher YTD returns, going as high as 3.26%.

Symbol	Name	YTD Return	AUM	Inception
PEDIX	PIMCO Extended Duration Fund	3.26%	—	Aug 2006	PYGNX vs PEDIX
VEDTX	Vanguard Extended Duration Treasury Index Fund	2.84%	—	Nov 2007	PYGNX vs VEDTX
MDSIX	Integrity Short Term Government Fund	2.22%	—	Jun 2011	PYGNX vs MDSIX
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	2.15%	6.60B	Feb 2015	PYGNX vs VGIVX
VGAVX	Vanguard Emerging Markets Government Bond Index Fu...	2.08%	6.60B	May 2013	PYGNX vs VGAVX

Lowest Volatility Alternatives to PYGNX

PYGNX has 4.31% 1-year volatility. There are 75 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.24%.

Symbol	Name	Volatility 1Y	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	1.24%	—	Mar 2009	PYGNX vs GUSTX
DFFGX	DFA Short-Term Government Portfolio	1.26%	—	May 1987	PYGNX vs DFFGX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	1.30%	—	Aug 2010	PYGNX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	1.30%	33.90B	Dec 2009	PYGNX vs VSBSX
FEUGX	Federated Hermes Adjustable Rate Fund	1.41%	—	Dec 1985	PYGNX vs FEUGX

Lowest Drawdown Alternatives to PYGNX

PYGNX has a 1-year max drawdown of -3.40%. There are 75 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	-0.20%	—	Mar 2009	PYGNX vs GUSTX
FEUGX	Federated Hermes Adjustable Rate Fund	-0.32%	—	Dec 1985	PYGNX vs FEUGX
RFBAX	Davis Government Bond Fund	-0.77%	—	Nov 1994	PYGNX vs RFBAX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	-0.81%	—	Aug 2010	PYGNX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	-0.84%	33.90B	Dec 2009	PYGNX vs VSBSX

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
PYHRX	Payden High Income Fund	High Yield Bonds	94	2.36%	—	Dec 1997	PYGNX vs PYHRX
PYFRX	Payden Floating Rate Fund	Bank Loan	98	1.62%	—	Nov 2013	PYGNX vs PYFRX
PYELX	Payden Emerging Markets Local Bond Fund	Emerging Markets Bonds	25	0.48%	—	Nov 2011	PYGNX vs PYELX
PYGSX	Payden Global Low Duration Fund	Global Bonds	79	0.75%	—	Sep 1996	PYGNX vs PYGSX
PYCEX	Payden Emerging Markets Corporate Bond Fund	Emerging Markets Bonds	91	2.22%	—	Nov 2013	PYGNX vs PYCEX
PYARX	Payden Absolute Return Bond Fund	Nontraditional Bonds	67	0.82%	—	Nov 2014	PYGNX vs PYARX
PYLMX	Payden Limited Maturity Fund	Ultrashort Bond	98	1.29%	—	Apr 1994	PYGNX vs PYLMX
PKBIX	Payden/Kravitz Cash Balance Plan Fund	Multisector Bonds	81	1.41%	—	Sep 2008	PYGNX vs PKBIX
PYCBX	Payden Core Bond Fund	Intermediate Core-Plus Bond	29	0.72%	—	Dec 1993	PYGNX vs PYCBX
PYACX	Payden Corporate Bond Fund	Corporate Bonds	25	0.99%	—	Mar 2009	PYGNX vs PYACX

Often Compared With PYGNX

Investors most often compare PYGNX with PYVLX, FUTBX, PDMIX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PYVLX	Payden Equity Income Fund	Large Cap Value Equities	69	8.93%	—	Nov 1996	PYGNX vs PYVLX
FUTBX	Fidelity SAI U.S. Treasury Bond Index Fund	Government Bonds	14	0.41%	—	Mar 2016	PYGNX vs FUTBX
PDMIX	PIMCO GNMA and Government Securities Fund	Government Bonds	32	1.45%	—	Jul 1997	PYGNX vs PDMIX
SEGMX	SEI Daily Income Trust GNMA Fund	Government Bonds	31	1.11%	—	Mar 1987	PYGNX vs SEGMX
PRGMX	T. Rowe Price GNMA Fund	Government Bonds	46	1.18%	—	Nov 1985	PYGNX vs PRGMX
VOO	Vanguard S&P 500 ETF	S&P 500	63	8.09%	1.70T	Sep 2010	PYGNX vs VOO

Compare PYGNX with Any Fund or Stock

Compare PYGNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair PYGNX with funds that move differently

Payden GNMA Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYGNX.

Explore PYGNX Diversifiers

Payden GNMA Fund (PYGNX) Alternatives