Payden Floating Rate Adv (PYBLX)
| Fund Assets | 132.90M |
| Expense Ratio | 0.96% |
| Min. Investment | $5,000 |
| Turnover | 86.00% |
| Dividend (ttm) | 0.70 |
| Dividend Yield | 7.27% |
| Dividend Growth | -16.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 9.60 |
| YTD Return | -0.12% |
| 1-Year Return | 5.74% |
| 5-Year Return | n/a |
| 52-Week Low | 8.86 |
| 52-Week High | 9.64 |
| Beta (5Y) | n/a |
| Holdings | 162 |
| Inception Date | n/a |
About PYBLX
Payden Floating Rate Fund Adviser Class is a mutual fund primarily designed to provide a high level of current income by investing in floating-rate debt instruments. The fund focuses on bank loans and high-yield corporate debt, particularly in the BB and high single-B rating spectrum, seeking favorable risk-return characteristics within the higher quality segments of the leveraged loan market. By investing in these floating-rate instruments, the fund aims to offer reduced sensitivity to interest rate changes compared to fixed-rate debt, making it an attractive option for investors seeking to mitigate interest rate risk. The fund plays a notable role in the financial market by offering diversified exposure to short-term, income-generating securities and facilitating access to large, institutional loan allocations that may be less accessible to individual investors. It typically appeals to those who prioritize current income and a defensive posture against rising interest rates, as well as investors seeking alternatives to traditional fixed-income products.
Performance
PYBLX had a total return of 5.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.22%.
Top 10 Holdings
10.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Fr Br Holdings, L.L.C. - FR BR HOLDINGS LLC | FRBRHO.L 10.07.30 1 | 1.27% |
| Pac Dac LLC - PAC AVIATION INTERNATION | n/a | 1.26% |
| Pitney Bowes Inc - PITNEY BOWE 01/31/32 | PBI.L 03.19.32 6 | 1.12% |
| Quikrete Holdings Inc - QUIKRETE HOLDING 01/30/32 | QUIKHO.L 02.10.32 13 | 1.11% |
| FLYNN RESTAURANT GROUP LP | FLYRES.L 01.28.32 6 | 1.09% |
| EP Wealth Advisors LLC - EP WEALTH ADVISORS INC | EPWEAD.L 10.18.32 1 | 1.08% |
| Fertitta Entertainment LLC - FERTITTA ENTERTAINMENT L | NUGGET.L 01.29.29 12 | 0.98% |
| Frontier Communications Holdings, LLC - FRONTIER COMMUNICATIONS | FYBR.L 07.01.31 7 | 0.98% |
| ATHENAHEALTH GROUP INC | ATHENA.L 02.15.29 7 | 0.97% |
| TK Elevator Midco Gmbh - TK ELEVATOR US NEWCO INC | THYELE.L 04.30.30 15 | 0.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 29, 2026 | $0.0488 | Jan 29, 2026 |
| Dec 30, 2025 | $0.0546 | Dec 30, 2025 |
| Nov 26, 2025 | $0.0546 | Nov 26, 2025 |
| Oct 30, 2025 | $0.0585 | Oct 30, 2025 |
| Sep 29, 2025 | $0.0534 | Sep 29, 2025 |
| Aug 28, 2025 | $0.0585 | Aug 28, 2025 |