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 June 2025
Fund Inception Date Jun 21, 2017
Ticker PYGEIUA ID
ISIN Number IE00BYQJ9894
Sedol Number BYQJ989
Fund Total Net Assets $51.7 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 June 2025
Fund Inception Date Jun 21, 2017
Total Net Assets $51.7 million
Country Breakdown
Country Percent of Portfolio
United States74.0%
Euroland10.9%
United Kingdom6.3%
Japan4.6%
Switzerland2.6%
Canada1.6%
Sector Breakdown
Sector Percent of Portfolio
Financials27%
Industrials14%
Health Care11%
Technology10%
Communication Services8%
Consumer Staples8%
Consumer Discretionary6%
Energy5%
Utilities4%
Money Markets3%
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 (6/30/2025) 6.78% 12.14% 13.34% 12.49% N/A 7.89%
Month-end (6/30/2025) 6.78% 12.14% 13.34% 12.49% N/A 7.89%
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 June 2025

MARKET
Global equities rebounded sharply in the second quarter, with the MSCI World Index, net in USD, gaining +11.5% and reaching new record highs.
The equity rally was fuelled by easing trade tensions, resilient economic data, and a strong corporate earnings season, which collectively supported broad-based gains across all major regions.
Performance diverged significantly across style and sectors as growth-oriented areas led markets higher with technology (+23.2%), communications (+19.1%), and industrials (+15.1%) being the top performing sectors whilst value-oriented and rate sensitive areas such as energy (-4.8%), health care (-4.0%), and real estate (+3.5%) were the worst performing sectors.

OUTLOOK
We maintain a favorable long-term view on the global equity market supported by expectations for positive corporate earnings growth over the next 12 to 18 months and the potential for business-friendly monetary and fiscal policies.
Whilst fundamentals remain sound and technicals are supportive, we expect large price upside may be limited in the near-term given elevated valuations and wavering trade policies.
We believe dividend-paying stocks with an emphasis on durable cash flows and strong balance sheets are attractive, as dividends may help dampen portfolio volatility and offer 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.