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NAV / Daily Prices
NAV ($)
21.74
NAV Change ($)
-0.11
Statistics
Yield
2.41%
Beta
1.0
Weighted Average Market Cap
562.5 B
Price-to-Earnings (Trailing)
23.3x
Price-to-Book
3.5x
Expenses
Management Fee
0.55%
Maximum Total Expense Ratio (TER) Capped at
0.65%
Initial Charge
NONE
Redemption Fee
NONE
1
# of Funds
Overall
★★★★
1160
Category
Global Equity Income
Data as of
30 Apr 2026
Security Type
Percent of Portfolio
Common Stock
94%
Preferred Stock
3%
REIT
3%
Country
Percent of Portfolio
United States
76.3%
Euroland
8.5%
United Kingdom
6.7%
Japan
3.5%
Switzerland
3.4%
Canada
1.6%
Sector
Percent of Portfolio
Financials
21%
Technology
20%
Industrials
12%
Health Care
10%
Communication Services
8%
Consumer Staples
7%
Utilities
6%
Consumer Discretionary
6%
Materials
4%
Energy
4%
Real Estate
2%
MSCI World Value Net USD Index
| Total Returns | Month-End (30 Apr 2026) | MSCI World Value Net USD Index |
| YTD | 9.15% | 8.40% |
| 1 Year | 27.35% | 26.66% |
| 3 Years | 16.75% | 16.52% |
| 5 Years | 10.83% | 10.42% |
| 10 Years | - | - |
| Since Inception | 9.15% | 9.23% |
| Returns less than one year are not annualized. All returns are net of fees. |
*From inception 21 Jun 2017 through 31 Dec 2017.
Fund Inception Date
21 Jun 2017
Fund Share Class Inception Date
21 Jun 2017
Fund Share Class
USD Unhedged Accumulating
Hedged
No
ISIN Number
IE00BYQJ9894
Ticker
PYGEIUA
Irish Stock Exchange Listed
Yes
UCITS Compliant
Yes
Liquidity
Daily
Investment Minimum*
$1,000,000 Initial
Overall Fund AUM
As of 30 Apr 2026
$51.8 Million
Total Payden Equity Strategy AUM
As of 31 Mar 2026
$1.4 Billion
Benchmark
MSCI World Value Net USD Index
* The minimum initial investment can be reduced at the Directors' discretion.
Large-Capitalisation Value - Appropriate for conservative equity investors who seek current income and moderate exposure to global equity markets.
The Payden Global Equity Income Fund invests primarily in global large-capitalisation common stocks with above-average dividend yields and other income-producing securities such as preferred stocks and real estate investment trusts. The Fund focuses on companies that have strong fundamentals and are expected to achieve positive earnings and dividend growth.
Income focus from large-cap companies that generate sustainable cash flows with the ability to pay and grow dividends over time.
Strategy is well diversified across security types with exposures to REITs, preferred and common equities.
Current emphasis on dividend growth may mitigate the impact of inflation and rising interest rates on income-oriented securities.
Actively managed by Payden & Rygel with a proven track record of managing institutional global equity accounts.
Global markets experience.
KIID SRRI: 5/PRIIPs KID SRI: 4.
Data as of 30 Apr 2026
Security Type
Percent of Portfolio
Common Stock
94%
Preferred Stock
3%
REIT
3%
Country
Percent of Portfolio
United States
76.3%
Euroland
8.5%
United Kingdom
6.7%
Japan
3.5%
Switzerland
3.4%
Canada
1.6%
Data as of 30 Apr 2026
Global equities (MSCI World Net USD Index) rebounded sharply in April after gaining +9.6%, the strongest monthly performance in five years.
Equity prices surged to record highs supported by easing geopolitical tensions in the Middle East and a strong quarterly earnings result.
Most sectors posted positive returns, as technology (+17.6%), communications (+16.5%), and consumer discretionary (+9.8%) were the best performing sectors, driven by a rebound in growth stocks, whilst more defensive areas such as energy (-2.1%), health care (-0.2%), and consumer staples (+3.1%) were the worst performing sectors.
We maintain a constructive long-term outlook on global equities, supported by a strong fundamental backdrop, expectations for ~11% earnings growth rate over the next 12–24 months, and expansionary fiscal policies.
Near-term upside may be more constrained amid persistent macroeconomic uncertainty—particularly around global central bank policies and the risk that higher oil prices could pressure inflation and consumer demand—whilst equity valuations have moved back above long-term averages.
We continue to favour high-quality companies with durable cash flows and strong balance sheets, alongside a constructive bias towards leaders driving the AI buildout, whilst maintaining diversified sector exposure to help mitigate volatility.
Historical 3-Year Earnings Growth
15.40%
Historical 3-Year Dividend Growth
8.70%
Long Term Earnings Growth
13.40%
Performance2
MSCI World Value Net USD Index
Total Returns
| YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception | |
|---|---|---|---|---|---|---|
Month-End (30 Apr 2026) | 9.15% | 27.35% | 16.75% | 10.83% | - | 9.15% |
MSCI World Value Net USD Index | 8.40% | 26.66% | 16.52% | 10.42% | - | 9.23% |
Returns less than one year are not annualized. All returns are net of fees.
*From inception 21 Jun 2017 through 31 Dec 2017.
Fund Inception Date
21 Jun 2017
Fund Share Class Inception Date
21 Jun 2017
Fund Share Class
USD Unhedged Accumulating
Hedged
No
ISIN Number
IE00BYQJ9894
Ticker
PYGEIUA
Irish Stock Exchange Listed
Yes
UCITS Compliant
Yes
Liquidity
Daily
Investment Minimum*
$1,000,000 Initial
Overall Fund AUM
As of 30 Apr 2026
$51.8 Million
Total Payden Equity Strategy AUM
As of 31 Mar 2026
$1.4 Billion
Benchmark
MSCI World Value Net USD Index
* The minimum initial investment can be reduced at the Directors' discretion.
Large-Capitalisation Value - Appropriate for conservative equity investors who seek current income and moderate exposure to global equity markets.
The Fund seeks to achieve its objective by investing in global large-capitalisation equities with above-average dividend yields, and other income-producing equity securities such as preferred equities and real estate investment trusts (REITs).
The Fund has been classified as a financial product subject to Article 8 of the Sustainable Finance Disclosure Regulation (EU) 2019/2088.
Income focus from large-cap companies that generate sustainable cash flows with the ability to pay and grow dividends over time.
Strategy is well diversified across security types with exposures to REITs, preferred and common equities.
Current emphasis on dividend growth may mitigate the impact of inflation and rising interest rates on income-oriented securities.
Actively managed by Payden & Rygel with a proven track record of managing institutional global equity accounts.
Global markets experience.
KIID SRRI: 5/PRIIPs KID SRI: 4.
Sector
Percent of Portfolio
Financials
21%
Technology
20%
Industrials
12%
Health Care
10%
Communication Services
8%
Consumer Staples
7%
Utilities
6%
Consumer Discretionary
6%
Materials
4%
Energy
4%
Real Estate
2%