Payden California Municipal Scl Imp Adv (PYCLX)
| Fund Assets | 316.65M |
| Expense Ratio | 0.70% |
| Min. Investment | $100,000 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.19% |
| Dividend Growth | -3.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.92 |
| YTD Return | 1.13% |
| 1-Year Return | 5.49% |
| 5-Year Return | n/a |
| 52-Week Low | 9.60 |
| 52-Week High | 10.14 |
| Beta (5Y) | n/a |
| Holdings | 172 |
| 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 5.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.70%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02525 | Jun 30, 2026 |
| May 29, 2026 | $0.0253 | May 29, 2026 |
| Apr 30, 2026 | $0.02557 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02602 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02404 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02633 | Jan 30, 2026 |