Payden California Municipal Scl Imp Adv (PYCLX)
| Fund Assets | 291.51M |
| Expense Ratio | 0.70% |
| Min. Investment | $5,000 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.29% |
| Dividend Growth | -5.09% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.09 |
| YTD Return | 1.67% |
| 1-Year Return | 6.28% |
| 5-Year Return | n/a |
| 52-Week Low | 9.27 |
| 52-Week High | 10.10 |
| Beta (5Y) | n/a |
| Holdings | 147 |
| Inception Date | n/a |
About PYCLX
Payden California Municipal Social Impact Fund – Adviser Class is an actively managed municipal bond mutual fund focused on generating tax-exempt income while emphasizing capital preservation. It invests primarily in intermediate‑maturity municipal securities issued in California, with income generally exempt from federal and California state taxes for residents. The strategy targets bonds whose proceeds support positive social and environmental outcomes, aligning the portfolio with identifiable public-benefit projects across areas such as education, transportation, essential services, and environmental infrastructure. The fund’s approach emphasizes sector and issuer diversification and maintains a high overall credit profile, avoiding non‑investment‑grade exposure according to third‑party assessments. Managed by Payden & Rygel’s experienced fixed‑income team, the portfolio uses duration and credit selection to balance income with interest‑rate risk, positioning it as a potential core tax‑exempt allocation for California-focused investors seeking municipal exposure. The fund references intermediate municipal benchmarks and publishes metrics such as effective duration, average maturity, and SEC yield to guide risk and income expectations.
Performance
PYCLX had a total return of 6.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.98%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PYCRX | (investor Class) | 0.45% |
Top 10 Holdings
20.93% of assets| Name | Symbol | Weight |
|---|---|---|
| LOS ANGELES CNTY CA PUBLIC WKS - Los Angeles County Public Works Financing Authority | CA.LOSFAC 5 12.01.2045 | 3.50% |
| CALIFORNIA CMNTY CHOICE FING A - California Community Choice Financing Authority | n/a | 2.72% |
| LOS ANGELES CNTY CA PUBLIC WKS - Los Angeles County Public Works Financing Authority | CA.LOSFAC 5 12.01.2041 | 2.38% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.875 07.31.30 | 2.33% |
| SACRAMENTO CA AREA FLOOD CONTR - Sacramento Area Flood Control Agency | n/a | 1.92% |
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 1.86% |
| SAN DIEGO CNTY CA REGL TRANSPR - San Diego County Regional Transportation Commission | CA.SDGTRN 5 04.01.2048 | 1.81% |
| CALIFORNIA ST - State of California | CA.CAS 5 10.01.2047 | 1.48% |
| CALIFORNIA ST - State of California | CA.CAS 5 08.01.2046 | 1.47% |
| CALIFORNIA CMNTY CHOICE FING A - California Community Choice Financing Authority | CA.CCEDEV 01.01.2055 | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02633 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02661 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02434 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02819 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02773 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0287 | Aug 29, 2025 |