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 - 30 September 2025
Fund Inception Date Jun 21, 2017
Ticker PYGEIUA ID
ISIN Number IE00BYQJ9894
Sedol Number BYQJ989
Fund Total Net Assets $55.1 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 - 30 September 2025
Fund Inception Date Jun 21, 2017
Total Net Assets $55.1 million
Country Breakdown
Country Percent of Portfolio
United States69.2%
Euroland12.6%
United Kingdom8.8%
Japan4.9%
Switzerland2.8%
Canada1.7%
Sector Breakdown
Sector Percent of Portfolio
Financials25%
Industrials15%
Technology11%
Health Care10%
Communication Services7%
Consumer Discretionary7%
Consumer Staples7%
Energy6%
Utilities5%
Real Estate3%
Other4%
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 - 30 September 2025

MARKET
Global equities extended their rally in the third quarter, posting strong performance with the MSCI World Index up 7.3% (net in USD) and reaching new record highs.
Gains were largely fuelled by a better-than-expected corporate earnings season, resilient economic data, sustained enthusiasm for Artificial Intelligence themes, and growing optimism surrounding expansionary regulatory policies.
Performance was broad-based across sectors, with growth-oriented sectors outperforming as technology (+12.4%), communications (+10.8%), and materials (+8.7%) were the best performers, whilst consumer staples (-1.9%), real estate (+2.9%), and health care (+3.1%) were the worst performers. All regions posted positive returns, led by emerging markets, although the eurozone lagged.

OUTLOOK
We maintain a constructive long-term outlook on global equities supported by expectations for continued corporate earnings growth over the next 12 months, healthy balance sheets, and supportive technical trends.
In the near-term, however, large price upside may be more constrained with the potential for increased volatility given elevated valuations and ongoing trade and monetary policy uncertainties.
We believe dividend-paying stocks with an emphasis on durable cash flows and strong balance sheets are attractive as dividends can help buffer portfolio volatility, whilst offering the potential for long-term income and 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.