About PYCSX
Payden Core Bond Fund SI Class is an open-end mutual fund specializing in diversified fixed income investments. Its primary function is to serve as a core bond holding within portfolios, offering broad exposure to various segments of the bond market. The fund invests across a wide range of sectors and maturities, including sovereign, corporate, mortgage-backed, and asset-backed securities, with the flexibility to utilize the entire maturity spectrum from short-term cash instruments to 30-year bonds. While at least 75% of its assets are allocated to investment-grade debt, the fund also includes a limited allocation to below investment-grade bonds, aiming to enhance yield and portfolio diversification. Extensive credit research underpins its bond selection process, supporting a moderate risk profile and longer-duration characteristics. The fund is intended for institutional investors, as indicated by its high minimum investment requirement, and is designed to function as a core intermediate-term bond holding for those seeking a balance of income, diversification, and risk management within the fixed income universe.
Fund Family Paydenfunds
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PYCSX
Share Class (si Class)
Index Bloomberg U.S. Aggregate Bond TR
PYCSX had a total return of -1.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.63%.
