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PGPXX

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1d
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Analysis and statistics

  • Open
    0.9926$
  • Previous Close
    0.9926$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

PGPXX.US represents the Payden Government Money Market Fund Institutional Class. It's a money market fund designed to provide investors with current income consistent with stability of principal and liquidity by investing in a diversified portfolio of U.S. government securities and repurchase agreements collateralized by such securities. Money market funds like PGPXX.US are generally considered low-risk investments, suitable for short-term cash management.
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Factors

Interest Rates: Changes in interest rates, especially short-term rates set by the Federal Reserve, directly impact money market fund yields and therefore the fund's price.

Credit Quality: The creditworthiness of the securities held within the money market fund portfolio influences investor confidence and perceived risk, affecting the fund's valuation.

Maturity of Holdings: The average maturity of the fund's portfolio impacts sensitivity to interest rate changes; longer maturities increase volatility.

Supply and Demand: Investor demand for short-term, liquid assets influences the fund's share price, reflecting overall market sentiment and risk appetite.

Economic Conditions: Broad economic factors such as inflation, unemployment, and GDP growth affect interest rate expectations and investor behavior, impacting the fund.

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