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% | 122.00B | 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 72. There are 4 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 | PYGSX vs DGFFX | |
| Eaton Vance Global Bond Fund | 90 | — | Jun 2007 | PYGSX vs EAIIX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 89 | — | Dec 2008 | PYGSX vs PRSNX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 78 | — | Jan 2008 | PYGSX vs DFSHX | |
| SA Global Fixed Income Fund | 64 | — | Jul 1999 | PYGSX vs SAXIX |
Top Performing PYGSX Alternatives (YTD)
PYGSX is at 0.54% YTD. There are 38 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.45%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.45% | — | Jun 2007 | PYGSX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 3.14% | — | Oct 2013 | PYGSX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.66% | — | Mar 2017 | PYGSX vs DGFFX | |
| DFA Two Year Global Fixed Income Portfolio | 1.80% | — | Feb 1996 | PYGSX vs DFGFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 1.72% | — | Dec 2008 | PYGSX vs PRSNX |
Lowest Volatility Alternatives to PYGSX
PYGSX has 1.56% 1-year volatility. No mutual funds in the Global Bonds category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 1.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.59% | — | Jan 2008 | PYGSX vs DFSHX | |
| DFA Two Year Global Fixed Income Portfolio | 1.59% | — | Feb 1996 | PYGSX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.90% | — | Nov 1990 | PYGSX vs DFGBX | |
| SA Global Fixed Income Fund | 1.98% | — | Jul 1999 | PYGSX vs SAXIX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.08% | — | Mar 2017 | PYGSX vs DGFFX |
Lowest Drawdown Alternatives to PYGSX
PYGSX has a 1-year max drawdown of -1.23%. There is 1 mutual fund in the Global Bonds category with a shallower 1-year drawdown, going as shallow as -1.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| 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 | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | PYGSX vs DFGFX | |
| 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 PYHRX, PYFRX, PYELX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden High Income Fund | High Yield Bonds | 94 | 2.44% | — | Dec 1997 | PYGSX vs PYHRX | |
| Payden Floating Rate Fund | Bank Loan | 98 | 1.73% | — | Nov 2013 | PYGSX vs PYFRX | |
| Payden Emerging Markets Local Bond Fund | Emerging Markets Bonds | 27 | 1.10% | — | Nov 2011 | PYGSX vs PYELX | |
| Payden Emerging Markets Corporate Bond Fund | Emerging Markets Bonds | 89 | 2.22% | — | Nov 2013 | PYGSX vs PYCEX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 70 | 1.04% | — | Nov 2014 | PYGSX vs PYARX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 97 | 1.29% | — | Apr 1994 | PYGSX vs PYLMX | |
| Payden/Kravitz Cash Balance Plan Fund | Multisector Bonds | 82 | 1.61% | — | Sep 2008 | PYGSX vs PKBIX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 25 | 0.28% | — | Dec 1993 | PYGSX vs PYCBX | |
| Payden Corporate Bond Fund | Corporate Bonds | 20 | 0.37% | — | Mar 2009 | PYGSX vs PYACX | |
| Payden Equity Income Fund | Large Cap Value Equities | 67 | 9.11% | — | Nov 1996 | PYGSX vs PYVLX |
Often Compared With PYGSX
Investors most often compare PYGSX with TIBWX, SPGBX, PGBIX. 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