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Fund Intelligence | Best Managers | PYSBX Insights | PYSBX Score | PYSBX Performance | PYSBX Manager | PYSBX News | PYSBX Allocation | PYSBX Holdings Change

Mutual Fund Insights: Payden Short Bond Fund (PYSBX)

In-depth Analysis of Payden Short Bond Fund (PYSBX)

Mutual fund chart: Payden Short Bond Fund (PYSBX)

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See Payden Short Bond Fund (PYSBX) performance details as of January 31, 2010

  

    Last Trade: $10.09 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - David P. Ballantine

Fund Manager Tenure: 2.1 years
Fundmojo Fund Grade: B (Score: 0.68)     (What does this score mean?)
Ballantine is a principal and portfolio manager with Payden & Rygel. He has been in Payden & Rygel for 15 years and in the investment management business for 18 years. Prior to joining Payden & Rygel, Ballantine was at the Capital Group in Los Angeles and worked in the fixed-income department at Fidelity Investments. David holds the Chartered Financial Analyst designation.  Get more insights on David P. Ballantine

  

What we like about Payden Short Bond Fund (PYSBX) What we like about Payden Short Bond Fund (PYSBX)

Data for Payden Short Bond Fund (PYSBX) as of January 31, 2010

  • Payden Short Bond Fund (PYSBX) has good mid-term performance (3-year return 4.76% vs 3.73% Short-Term Bond category average)
  • Payden Short Bond Fund (PYSBX) has good Long-term performance (5-year return 4.00% vs 3.49% Short-Term Bond category average)
  • Payden Short Bond Fund (PYSBX) ratio of up-years vs down years is greater than 2
  • Payden Short Bond Fund (PYSBX) has an annual stock turnover rate of 107.00% vs Short-Term Bond average of 109.82%. It is good that Payden Short Bond management does not trade extensively for its return.
  • Payden Short Bond Fund (PYSBX) is less volatile than its peers as it has a 3-year Standard Deviation of 1.99, lower than category average of 3.36
  • Payden Short Bond Fund (PYSBX) has a lower management fee than its Short-Term Bond average: 0.56% vs 0.92%
  • Payden Short Bond Fund (PYSBX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

What we are cautious about Payden Short Bond Fund (PYSBX) What we are cautious about Payden Short Bond Fund (PYSBX)

Data for Payden Short Bond Fund (PYSBX) as of January 31, 2010

  • Payden Short Bond Fund (PYSBX) management has been with Payden Short Bond Fund for only 2.1 years, it is hard to judge manager's ability based on this fund's operation record
  • Payden Short Bond Fund (PYSBX) has a less-than-ideal short-term performance (1-year return 7.19% vs 9.51% Short-Term Bond category average)
  • Payden Short Bond Fund (PYSBX) has a Morningstar rating of 3 and below
See Payden Short Bond Fund (PYSBX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Short-Term Bond category?

Below are some additional Short-Term Bond mutual funds generated out of our database

  

Payden Short Bond Fund (PYSBX) Net Asset

Track net asset change of Payden Short Bond fund (PYSBX)

DateNet Asset
01/2010$423.90M
11/2009$357.07M
10/2009$358.73M
More historic net asset information on Payden Short Bond Fund (PYSBX)

  

Payden Short Bond Fund (PYSBX) Portfolio Allocation

Track portfolio allocation change of Payden Short Bond fund (PYSBX)

DateCashStockBondOther
11/200910.18%0%88.89%0.93%
09/20098.79%0%91.22%0%
08/200912.14%0%87.85%0%
Click here to see more historic asset allocation information on Payden Short Bond Fund (PYSBX)

  

Most Recent Top 10 Holdings in Payden Short Bond Fund (PYSBX)

Discover what Payden Short Bond Fund (PYSBX) manager is buying

30-Nov-09
Payden Cash Reserves Money Market [2.62%]
FNMA 6% [2.51%]
FNMA 6% [2.51%]
GNMA 6% [2.2%]
GNMA 6% [1.88%]
GNMA 6.5% [1.8%]
GNMA 6.5% [1.75%]
Euro Inv Bk 4.75% [1.6%]
Bmw Veh Lease Tr Talf 2009-1 2.04% [1.36%]
Americredit Auto Talf 2009-1 1.4% [1.34%]

30-Sep-09
Rep Of Germany 144a [2.91%]
GNMA [2.42%]
GNMA [2.08%]
GNMA 6.5% [2.03%]
GNMA 6% [2.02%]
GNMA [2%]
GNMA 6% [1.93%]
Euro Inv Bk 4.75% [1.58%]
GNMA 6.0% [1.5%]
GNMA [1.47%]

31-Aug-09
GNMA [2.43%]
Payden Cash Reserves Money Market [2.37%]
GNMA [2.14%]
GNMA 6.5% [2.07%]
GNMA [2.05%]
GNMA 6% [2.01%]
GNMA 6% [1.99%]
Carmax Auto Tr 2006-2 5.14% [1.76%]
Euro Inv Bk 4.75% [1.52%]
GNMA [1.51%]
Click here for Stock Holding Change Map in Payden Short Bond Fund (PYSBX)

  

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