Payden Corporate Bond SI (PYCTX)
| Fund Assets | 379.48M |
| Expense Ratio | 0.56% |
| Min. Investment | $10,000,000 |
| Turnover | 67.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 4.75% |
| Dividend Growth | 11.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 9.82 |
| YTD Return | 3.75% |
| 1-Year Return | 6.93% |
| 5-Year Return | n/a |
| 52-Week Low | 9.48 |
| 52-Week High | 10.15 |
| Beta (5Y) | n/a |
| Holdings | 328 |
| Inception Date | Feb 28, 2022 |
About PYCTX
Payden Corporate Bond Fund - SI Class is an institutional share class mutual fund specializing in U.S. dollar-denominated investment-grade corporate bonds. The fund’s primary objective is to deliver a high level of total return while preserving capital, achieved by investing at least 80% of its assets in corporate debt and other income-generating instruments rated at investment grade or determined to be of similar quality. This fund maintains a highly diversified portfolio across a broad range of sectors and maturities, leveraging in-depth, proprietary credit research to identify issuers with strong market positions, solid cash flows, stable management, and predictable earnings. While its focus is predominantly on higher-quality credits, it retains the flexibility to allocate up to 20% in below-investment-grade securities and emerging market debt, allowing for tactical opportunities. The fund is actively managed with attention to both issuer selection and interest rate risk, and pays monthly dividends. With a high minimum investment requirement, the SI Class is designed for institutional investors seeking dedicated exposure to corporate bonds as part of a broader fixed-income allocation in their portfolios.
Performance
PYCTX had a total return of 6.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.94%.
Top 10 Holdings
8.42% of assets| Name | Symbol | Weight |
|---|---|---|
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 1.61% |
| Payden Emerging Markets Corporate Bond Fund SI Class | PYCIX | 1.39% |
| Nissan Motor Co Ltd | n/a | 0.86% |
| HSBC Holdings PLC | HSBC.V7.39 11.03.28 | 0.83% |
| Goldman Sachs Group Inc/The | GS.V5.016 10.23.35 | 0.64% |
| American Express Co | AXP.8.15 03.19.38 | 0.63% |
| Duke Energy Florida LLC | DUK.5.95 11.15.52 | 0.62% |
| Nationwide Mutual Insurance Co | NATMUT.9.375 08.15.39 144A | 0.62% |
| TEACHERS INSUR & ANNUITY - Teachers Insurance & Annuity Association of America | TIAAGL.6.85 12.16.39 144A | 0.62% |
| VB-S1 Issuer LLC - VBTEL | n/a | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.0374 | Jun 27, 2025 |
| May 29, 2025 | $0.0388 | May 29, 2025 |
| Apr 29, 2025 | $0.0389 | Apr 29, 2025 |
| Mar 28, 2025 | $0.0395 | Mar 28, 2025 |
| Feb 27, 2025 | $0.0359 | Feb 27, 2025 |
| Jan 30, 2025 | $0.038 | Jan 30, 2025 |