PYHRX vs. EICC

Last updated Jun 4, 2026

PYHRX (Payden High Income Fund) is High Yield Bonds fund managed by Paydenfunds, while EICC (Eagle Point Income Company Inc) is a stock. At a 0.10 correlation, their price movements are largely independent.

Performance

PYHRX vs. EICC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Payden High Income Fund (PYHRX) and Eagle Point Income Company Inc (EICC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PYHRX

• 1D: 0.08%
• 1M: 0.72%
• YTD: 2.36%
• 6M: 3.11%
• 1Y: 9.03%
• 3Y*: 9.63%
• 5Y*: 5.08%
• 10Y*: 6.15%

EICC

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PYHRX vs. EICC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PYHRX Payden High Income Fund	2.36%	8.73%	6.98%
EICC Eagle Point Income Company Inc	1.24%	9.04%	6.15%

Correlation

The correlation between PYHRX and EICC is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (All Time) Calculated using the full available price history since Apr 12, 2024	0.10

Return for Risk

PYHRX vs. EICC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PYHRX

PYHRX Risk / Return Rank: 95
PYHRX Sharpe Ratio Rank: 97
PYHRX Sortino Ratio Rank: 97
PYHRX Omega Ratio Rank: 97
PYHRX Calmar Ratio Rank: 89
PYHRX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PYHRX vs. EICC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Payden High Income Fund (PYHRX) and Eagle Point Income Company Inc (EICC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PYHRX	EICC	Difference
Sharpe ratio: Return per unit of total volatility	3.76	—	—
Sortino ratio: Return per unit of downside risk	5.91	—	—
Omega ratio: Gain probability vs. loss probability	1.89	—	—
Calmar ratio: Return relative to maximum drawdown	4.56	—	—
Martin ratio: Return relative to average drawdown	24.63	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PYHRX	EICC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.76	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	—	—

Drawdowns

Drawdown Indicators

	PYHRX	EICC	Difference
Max Drawdown Largest peak-to-trough decline	-50.79%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-50.79%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-50.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.79%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-2.12%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.37%	—	—

Volatility

Volatility by Period

	PYHRX	EICC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.06%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.29%	—	—

Dividends

PYHRX vs. EICC - Dividend Comparison

PYHRX's dividend yield for the trailing twelve months is around 6.42%, less than EICC's 6.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EICC Eagle Point Income Company Inc	6.67%	7.94%	5.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PYHRX Payden High Income Fund	6.42%	6.81%	7.20%	6.67%	6.05%	4.79%	4.99%	5.23%	5.88%	5.27%	5.24%	5.49%

Frequently Asked Questions

Can I hold both PYHRX and EICC in my portfolio?

PYHRX and EICC have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.