Payden Corporate Bond Fund (PYACX)

Fund Assets	384.99M
Expense Ratio	0.66%
Min. Investment	$5,000
Turnover	42.00%
Dividend (ttm)	0.45
Dividend Yield	4.69%
Dividend Growth	-0.40%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 30, 2026

Previous Close	9.65
YTD Return	-0.18%
1-Year Return	1.94%
5-Year Return	-0.03%
52-Week Low	9.55
52-Week High	10.11
Beta (5Y)	0.34
Holdings	348
Inception Date	Mar 12, 2009

About PYACX

Payden Corporate Bond Fund is a diversified mutual fund that primarily focuses on investment-grade corporate bonds issued by companies with strong market positions, consistent cash flow, and stable management. Its main objective is to deliver a high level of total return while preserving capital through active credit research and management. The fund employs a bottom-up selection process, targeting issuers with a near-term catalyst for potential outperformance and identifies emerging 'rising stars'—corporates poised for upgrade to investment grade. While at least 80% of the portfolio is allocated to investment-grade corporates, the fund retains flexibility by investing up to 20% in below investment-grade securities and select emerging market debt, optimizing for risk and opportunity across sectors and maturities. Its effective duration is moderately long, reflecting exposure to a full maturity spectrum. Intended as a core fixed-income allocation, the fund distributes income monthly and is managed by an experienced team employing forward-looking analysis. Payden Corporate Bond Fund plays a prominent role in the U.S. credit market by offering access to high-quality credits while actively managing credit and interest rate risk through rigorous in-house research and diversification.

• Fund Family: Paydenfunds
• Category: Corporate Bond
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PYACX
• Share Class: (investor Class)
• Index: Bloomberg U.S. Corp Investment Grade TR

Performance

PYACX had a total return of 1.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.20%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PYCTX	(si Class)	0.56%
PYAYX	(adviser Class)	0.91%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 30, 2026	$0.039	Jul 30, 2026
Jun 29, 2026	$0.0379	Jun 29, 2026
May 28, 2026	$0.0386	May 28, 2026
Apr 29, 2026	$0.0379	Apr 29, 2026
Mar 30, 2026	$0.039	Mar 30, 2026
Feb 26, 2026	$0.035	Feb 26, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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