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PGDXX

$--
--%
1d
1w
1m

Analysis and statistics

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About

PGDXX.US refers to the Payden & Rygel Liquid Reserves Fund, a money market fund offered by Payden & Rygel. It is designed to provide investors with a high level of current income consistent with the preservation of capital and liquidity, primarily investing in a diversified portfolio of short-term, high-quality money market instruments. These instruments typically include U.S. government securities, repurchase agreements, and commercial paper.
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Factors

Interest Rates: Higher rates generally increase money market fund yields and net asset value, making them more attractive.

Credit Risk: Perceived or actual defaults within the fund's holdings can negatively impact its net asset value and price.

Economic Conditions: Broad economic changes can influence interest rates and the creditworthiness of issuers held in the fund.

Supply and Demand: Shifts in investor demand can affect the fund's price, though money market funds aim for stable $1 NAV.

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