Payden USD Low Duration Credit Fund USD (Distributing) header image

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:

star star star star star
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 grade corporate debt bloomberg us corporate 1-5 years index

Ratings & reviews

star star star star star

0.00

0 votes
Performance:
starstarstarstarstar
0.00
Innovation:
starstarstarstarstar
0.00
Society:
starstarstarstarstar
0.00
Nature:
starstarstarstarstar
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)
starstarstarstarstar

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)
starstarstarstarstar

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
starstarstarstarstar

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)
starstarstarstarstar

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
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.09%GBP 9.00