Payden Global Low Duration Fund (PYGSX) 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 PYGSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYGSX
PYGSX charges 0.53% annually. There are 20 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 | PYGSX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | PYGSX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 123.30B | May 2013 | PYGSX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | PYGSX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | PYGSX vs VTIBX |
Best Risk-Adjusted Alternatives to PYGSX
PYGSX has a PortfoliosLab risk / return rank of 89. There are 3 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 100 | — | Feb 1996 | PYGSX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | PYGSX vs DGFFX | |
| Eaton Vance Global Bond Fund | 97 | — | Jun 2007 | PYGSX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 87 | — | Jan 2008 | PYGSX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | 81 | — | Nov 1990 | PYGSX vs DFGBX |
Top Performing PYGSX Alternatives (YTD)
PYGSX is at 0.96% YTD. There are 13 mutual funds in the Global Bonds category with higher YTD returns, going as high as 4.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 4.51% | — | Jun 2007 | PYGSX vs EAIIX | |
| Templeton Global Bond Fund | 3.06% | — | Sep 1986 | PYGSX vs TPINX | |
| Templeton Global Bond Fund - Class R | 2.94% | — | Feb 2009 | PYGSX vs FGBRX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.91% | — | Mar 2017 | PYGSX vs DGFFX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | 2.45% | — | Oct 2006 | PYGSX vs GOBSX |
Lowest Volatility Alternatives to PYGSX
PYGSX has 1.54% 1-year volatility. There is 1 mutual fund in the Global Bonds category with lower 1-year volatility, going as low as 0.73%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.73% | — | Feb 1996 | PYGSX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.55% | — | Nov 1990 | PYGSX vs DFGBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.65% | — | Jan 2008 | PYGSX vs DFSHX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | PYGSX vs SAXIX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.02% | — | Mar 2017 | PYGSX vs DGFFX |
Lowest Drawdown Alternatives to PYGSX
PYGSX has a 1-year max drawdown of -1.23%. There are 2 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | -0.20% | — | Feb 1996 | PYGSX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | PYGSX vs DGFFX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | PYGSX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | PYGSX vs DFGBX | |
| SA Global Fixed Income Fund | -1.59% | — | Jul 1999 | PYGSX vs SAXIX |
Other Mutual Funds from Paydenfunds
The 10 most viewed Paydenfunds mutual funds shown here include PYFRX, PYHRX, PYELX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden Floating Rate Fund | Bank Loan | 98 | 2.25% | — | Nov 2013 | PYGSX vs PYFRX | |
| Payden High Income Fund | High Yield Bonds | 94 | 2.35% | — | Dec 1997 | PYGSX vs PYHRX | |
| Payden Emerging Markets Local Bond Fund | Emerging Markets Bonds | 43 | 1.36% | — | Nov 2011 | PYGSX vs PYELX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 82 | 1.28% | — | Nov 2014 | PYGSX vs PYARX | |
| Payden Emerging Markets Corporate Bond Fund | Emerging Markets Bonds | 89 | 1.90% | — | Nov 2013 | PYGSX vs PYCEX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 98 | 1.65% | — | Apr 1994 | PYGSX vs PYLMX | |
| Payden/Kravitz Cash Balance Plan Fund | Multisector Bonds | 91 | 2.02% | — | Sep 2008 | PYGSX vs PKBIX | |
| Payden Corporate Bond Fund | Corporate Bonds | 13 | -0.90% | — | Mar 2009 | PYGSX vs PYACX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 23 | -0.40% | — | Dec 1993 | PYGSX vs PYCBX | |
| Payden Equity Income Fund | Dividend, Large Cap Value Equities | 81 | 11.38% | — | Nov 1996 | PYGSX vs PYVLX |
Often Compared With PYGSX
Investors most often compare PYGSX with SPGBX, PGBIX, TIBWX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare PYGSX with Any Fund or Stock
Compare PYGSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYGSX with funds that move differently
Payden Global Low Duration Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYGSX.
Explore PYGSX Diversifiers