Payden USD Low Duration Credit Fund USD (Distributing)
Fund
ISIN IE00BD1NVK53 / Valor 34571259
NAV (2024-04-24)
USD 9.77-0.07%
Payden USD Low Duration Credit Fund USD (Distributing)
UMushroom community rating:
0.00
0 votes
No rating yet
NegativeNeutralPositive
General Objective
The fund aims to maximize total return by primarily investing in a portfolio of corporate debt securities denominated in US Dollars, with a relative duration generally within +/- 2 years of the Barclays US 1-5 year Corporate Index.
Fund Exposure
The fund is actively managed with reference to the Bloomberg Barclays US Corporate Bond Index 1-5yr, investing primarily in investment grade debt securities issued by corporations, government agencies, and supranationals. It may also invest in money-market securities, agency mortgage-backed securities, and derivatives for managing interest rate and currency risk.
Risks
The fund is rated 2 for risk due to its investments in debt instruments, but potential risks include counterparty risk, credit risk, liquidity risk, derivative risk, emerging market risk, and operational risk. Changes in bond yields and credit worthiness of issuers may lead to performance volatility, and currency risks may not be completely eliminated despite hedging.
Content summarized by AI chatbot
Source
https://www.payden.com/ucitsUSDLDCfrm.aspx
Tags:
investment gradecorporate debtbloomberg us corporate 1-5 years index
Ratings & reviews
0.00
0 votes
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
OTHER SHARE CLASSES OF THIS FUND
Payden USD Low Duration Credit Fund GBP (Accumulating)
Payden USD Low Duration Credit Fund GBP (Accumulating)
Payden USD Low Duration Credit Fund GBP (Accumulating)
Annual Return
-50%0%+50%
Risk level
110
0.09%GBP 10.89
Payden USD Low Duration Credit Fund EUR (Accumulating)
Payden USD Low Duration Credit Fund EUR (Accumulating)
Payden USD Low Duration Credit Fund EUR (Accumulating)
Annual Return
-50%0%+50%
Risk level
110
0.09%EUR 10.51
Payden USD Low Duration Credit Fund USD (Accumulating)
Payden USD Low Duration Credit Fund USD (Accumulating)
Payden USD Low Duration Credit Fund USD (Accumulating)
Valor: 22654469
Annual Return
-50%0%+50%
Risk level
110
0.09%USD 13.21
Payden USD Low Duration Credit Fund AUD (Accumulating)
Payden USD Low Duration Credit Fund AUD (Accumulating)
Payden USD Low Duration Credit Fund AUD (Accumulating)
Annual Return
-50%0%+50%
Risk level
110
0.09%AUD 10.84
Payden USD Low Duration Credit Fund GBP (Distributing)
Payden USD Low Duration Credit Fund GBP (Distributing)
Payden USD Low Duration Credit Fund GBP (Distributing)
Valor: 34372556