Payden Equity Income Fund (PYVLX)
The fund invests primarily in large capitalization value stocks, defined as stocks with above average dividend yields and large market capitalizations, and other income producing equity securities, including by way of example, preferred stocks, real estate investment trusts and master limited partnerships. It invests principally in U.S. securities, but may invest up to 30% of its total assets in foreign securities, including companies organized or headquartered in emerging markets.
Fund Info
US7043297396
704329739
Nov 1, 1996
$5,000
Large-Cap
Value
Expense Ratio
PYVLX features an expense ratio of 0.73%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Payden Equity Income 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 Equity Income Fund had a return of 4.32% year-to-date (YTD) and 0.32% in the last 12 months. Over the past 10 years, Payden Equity Income Fund had an annualized return of 3.91%, while the S&P 500 had an annualized return of 11.26%, indicating that Payden Equity Income Fund did not perform as well as the benchmark.
PYVLX
4.32%
0.36%
-7.77%
0.32%
0.13%
3.91%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of PYVLX, 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 | 4.01% | 4.32% | |||||||||||
| 2024 | 1.15% | 4.14% | 3.44% | -3.75% | 4.13% | 0.04% | 3.31% | 2.17% | 1.23% | -0.95% | 6.64% | -19.08% | -0.22% |
| 2023 | 1.37% | -3.73% | -0.90% | 1.35% | -3.82% | 5.03% | 2.47% | -1.61% | -3.86% | -2.75% | 7.41% | 3.72% | 3.97% |
| 2022 | -2.12% | -1.55% | 3.43% | -4.60% | 1.72% | -7.34% | 5.07% | -2.33% | -7.41% | 9.59% | 5.14% | -8.91% | -10.61% |
| 2021 | -0.55% | 4.07% | 5.05% | 3.12% | 2.98% | -0.52% | 0.88% | 1.98% | -3.71% | 4.99% | -2.87% | -9.54% | 4.95% |
| 2020 | -0.49% | -9.62% | -12.68% | 9.73% | 2.74% | -0.89% | 3.03% | 3.18% | -2.52% | -2.26% | 10.08% | 2.99% | 0.77% |
| 2019 | 7.06% | 3.55% | 1.94% | 4.03% | -5.07% | 5.59% | 1.43% | -0.11% | 2.15% | 0.78% | 1.16% | -0.06% | 24.26% |
| 2018 | 4.17% | -3.94% | -2.41% | 1.43% | 1.41% | -0.78% | 4.47% | 0.64% | -0.29% | -4.87% | 2.84% | -9.41% | -7.40% |
| 2017 | 0.78% | 3.23% | -0.79% | 0.00% | 0.64% | 0.46% | 0.95% | 0.50% | 2.83% | 1.64% | 3.18% | -3.40% | 10.28% |
| 2016 | -2.75% | 1.27% | 6.83% | -0.42% | 2.16% | 2.34% | 1.88% | -0.86% | -0.53% | -1.14% | 3.40% | 1.63% | 14.32% |
| 2015 | -1.44% | 4.01% | -0.79% | 0.50% | 0.49% | -2.96% | 3.21% | -5.86% | -1.40% | 6.97% | -0.72% | 0.34% | 1.75% |
| 2014 | -1.17% | 4.02% | 1.87% | 1.42% | 2.51% | 3.32% | -2.24% | 3.51% | -1.23% | 1.34% | 1.39% | -3.57% | 11.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PYVLX is 7, meaning it’s performing worse than 93% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Payden Equity Income Fund (PYVLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Payden Equity Income Fund provided a 1.57% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.27 | $0.26 | $0.37 | $0.50 | $0.34 | $0.37 | $0.33 | $0.36 | $0.42 | $0.35 | $0.33 |
Dividend yield | 1.57% | 1.64% | 1.60% | 2.32% | 2.72% | 1.88% | 2.00% | 2.22% | 2.14% | 2.70% | 2.51% | 2.34% |
Monthly Dividends
The table displays the monthly dividend distributions for Payden Equity Income 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 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.27 |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.37 |
| 2021 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.23 | $0.50 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.34 |
| 2019 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.07 | $0.37 |
| 2018 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.33 |
| 2017 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.36 |
| 2016 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.42 |
| 2015 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.35 |
| 2014 | $0.01 | $0.03 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.15 | $0.33 |
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 Equity Income 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 Equity Income Fund was 62.17%, occurring on Mar 9, 2009. Recovery took 1018 trading sessions.
The current Payden Equity Income Fund drawdown is 16.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -62.17% | Oct 10, 2007 | 354 | Mar 9, 2009 | 1018 | Mar 26, 2013 | 1372 |
| -39.14% | Jul 8, 1999 | 819 | Oct 9, 2002 | 876 | Apr 4, 2006 | 1695 |
| -33.35% | Dec 23, 2019 | 62 | Mar 23, 2020 | 201 | Jan 7, 2021 | 263 |
| -29.12% | Dec 17, 2021 | 468 | Oct 27, 2023 | — | — | — |
| -17.25% | Sep 24, 2018 | 64 | Dec 24, 2018 | 70 | Apr 5, 2019 | 134 |
Volatility
Volatility Chart
The current Payden Equity Income Fund volatility is 2.53%, 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.