Google Answers Logo
View Question
 
Q: mutual fund "pedrx" has disappeared...what happened ( Answered 4 out of 5 stars,   3 Comments )
Question  
Subject: mutual fund "pedrx" has disappeared...what happened
Category: Business and Money
Asked by: belle-ga
List Price: $3.00
Posted: 12 Aug 2002 14:54 PDT
Expires: 11 Sep 2002 14:54 PDT
Question ID: 53774
what is status of a mutual fund with abbreviation pedrx

Request for Question Clarification by alexander-ga on 13 Aug 2002 04:35 PDT
Do you have the full name of this fund, who ran it, approximate date
of when it was active, or any other relevant information?

Clarification of Question by belle-ga on 13 Aug 2002 11:55 PDT
misspelled fund synbol......pegrx....european fund
Answer  
Subject: Re: mutual fund "pedrx" has disappeared...what happened
Answered By: wengland-ga on 13 Aug 2002 14:51 PDT
Rated:4 out of 5 stars
 
Greetings!

According to Lisa at Payden & Rygel, that fund became the European
Aggresive Growth Fund, which then became the European Opportunity
Fund, although most tickers still list it as the European Aggressive
Growth Fund (PEGAX).  rico-ga was right!

Source: Telephone call on 8/13/02 at 4:50 PM Central time
belle-ga rated this answer:4 out of 5 stars

Comments  
Subject: Re: mutual fund "pedrx" has disappeared...what happened
From: wengland-ga on 13 Aug 2002 12:58 PDT
 
MorningStar.com has an article from 6.16 of 2000 that lists it as a
poor performer and that it is going to be rehabbed...

http://news.morningstar.com/news/Wire/0,1230,2049,00.html

Full Fund Name:
Payden & Rygel European Growth & Income PEGRX.
Subject: Re: mutual fund "pedrx" has disappeared...what happened
From: wengland-ga on 13 Aug 2002 13:02 PDT
 
It appears to have ceased trading on 12/22 of 2000 at 6.94.

http://cbs.marketwatch.com/tools/mutualfunds/overview.asp?siteid=mktw&symb=PEGRX&sid=103229

Still looking for why and what happened.
Subject: Re: mutual fund "pedrx" has disappeared...what happened
From: rico-ga on 13 Aug 2002 14:41 PDT
 
I suspect it was merged/absorbed into their "EuroOpportunity" Fund
(PEAGX), but suggest you contact their 800 number and ask...

1-800-5-Payden (800-572-9336) 


Paydenfunds
333 South Grand Avenue
Los Angeles, CA 90071

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  


Google Home - Answers FAQ - Terms of Service - Privacy Policy