UCITS Funds

Payden Global Equity Income Fund (PYGEIUA ID)

Base Share Class: USD

Share Class
  • Overview
  • Portfolio Statistics
  • Performance & Expenses
  • Fund Commentary
Investment Strategy

The Payden Global Equity Income Fund invests primarily in global large-capitalization 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.

Share Class Snapshot - 31 August 2025
Fund Inception Date Jun 21, 2017
Ticker PYGEIUA ID
ISIN Number IE00BYQJ9894
Sedol Number BYQJ989
Fund Total Net Assets $53.9 million
Benchmark MSCI World Value Net USD Index
Currency Share Classes Available CAD, CHF, EUR, GBP, JPY, NOK, SGD, USD
Management Fee 0.55%
Total Expense Ratio 0.65%
Investment Minimum $1,000,000 initial

Unless otherwise indicated, all listed data represents past performance. There is no guarantee of future performance, nor are fund shares guaranteed. Funds are issued by Payden & Rygel Global, Ltd., which is authorised and regulated by the Financial Conduct Authority. The investment products and services of Payden & Rygel are not available in the United Kingdom to private investors. The value of an investment may fall as well as rise and an investor may get back less than the amount that has been invested. Income from an investment may fluctuate in value in money terms. Changes in rates of exchange may cause the value of an investment to go up or down.

Portfolio Characteristics - 31 August 2025
Fund Inception Date Jun 21, 2017
Total Net Assets $53.9 million
Country Breakdown
Country Percent of Portfolio
United States67.3%
Euroland13.4%
United Kingdom9.3%
Japan5.2%
Switzerland3.0%
Canada1.8%
Sector Breakdown
Sector Percent of Portfolio
Financials22%
Industrials14%
Money Markets10%
Health Care10%
Consumer Staples8%
Technology8%
Communication Services7%
Energy6%
Consumer Discretionary6%
Utilities4%
Other5%
Total 100%

Unless otherwise indicated, all listed data represents past performance. There is no guarantee of future performance, nor are fund shares guaranteed. Funds are issued by Payden & Rygel Global, Ltd., which is authorised and regulated by the Financial Conduct Authority. The investment products and services of Payden & Rygel are not available in the United Kingdom to private investors. The value of an investment may fall as well as rise and an investor may get back less than the amount that has been invested. Income from an investment may fluctuate in value in money terms. Changes in rates of exchange may cause the value of an investment to go up or down.


Total Returns
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Quarter-end (9/30/2025) 12.14% 10.14% 17.37% 12.77% N/A 8.27%
Month-end (9/30/2025) 12.14% 10.14% 17.37% 12.77% N/A 8.27%
Yearly Returns
202415.53%
202313.18%
2022-8.00%
202124.21%
2020-3.93%
201926.52%
2018-11.60%
20177.33%
Expenses
Management Fee 0.55%
Total Expense Ratio 0.65%

Unless otherwise indicated, all listed data represents past performance. There is no guarantee of future performance, nor are fund shares guaranteed. Funds are issued by Payden & Rygel Global, Ltd., which is authorised and regulated by the Financial Conduct Authority. The investment products and services of Payden & Rygel are not available in the United Kingdom to private investors. The value of an investment may fall as well as rise and an investor may get back less than the amount that has been invested. Income from an investment may fluctuate in value in money terms. Changes in rates of exchange may cause the value of an investment to go up or down.

Fund Commentary - 31 August 2025

MARKET
Global equities posted positive performance for August (MSCI World: +2.6%, net in USD) and ended the month near record highs.
Gains were supported by strong corporate earnings, resilient economic data, and rising optimism surrounding monetary policies, which helped offset a modest pullback in mega-cap technology and Artificial Intelligence-related stocks.
Nearly all sectors posted positive performance in August with materials (+7.2%), health care (+5.2%), and energy (+4.2%) leading markets higher, whilst utilities (-0.5%), technology (+0.4%), and industrials (+0.6%) were the market laggards.

OUTLOOK
We maintain a positive long-term view on global equities supported by improving corporate fundamentals, business-friendly fiscal policies, and accommodative monetary policies from major central banks.
In the near-term, large price upside may be more limited and volatility could increase given elevated valuations and trade policy concerns.
We believe dividend-paying stocks with an emphasis on durable cash flows and strong balance sheets are attractive as dividends can help cushion portfolio volatility whilst also providing the potential for dividend growth.

Unless otherwise indicated, all listed data represents past performance. There is no guarantee of future performance, nor are fund shares guaranteed. Funds are issued by Payden & Rygel Global, Ltd., which is authorised and regulated by the Financial Conduct Authority. The investment products and services of Payden & Rygel are not available in the United Kingdom to private investors. The value of an investment may fall as well as rise and an investor may get back less than the amount that has been invested. Income from an investment may fluctuate in value in money terms. Changes in rates of exchange may cause the value of an investment to go up or down.