Payden Floating Rate Fund SI Class (PYFIX)
| Fund Assets | 164.80M |
| Expense Ratio | 0.61% |
| Min. Investment | $50,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.85 |
| Dividend Yield | 8.71% |
| Dividend Growth | 1.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2025 |
| Previous Close | 9.80 |
| YTD Return | 1.47% |
| 1-Year Return | 8.68% |
| 5-Year Return | 35.98% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 162 |
| Inception Date | Nov 11, 2013 |
About PYFIX
The Fund's investment strategy focuses on Loan Participation with 0.65% total expense ratio. The minimum amount to invest in Payden & Rygel Investment Group: Payden Floating Rate Fund; SI Class Shares is $50,000,000 on a standard taxable account. Payden & Rygel Investment Group: Payden Floating Rate Fund; SI Class Shares seeks high levels of current income, with long-term capital appreciation as a second objective. PYFIX will invest at least 80% of its total assets in income-producing floating rate loans and other floating rate debt instruments, with a substantial portion to senior loans and instruments below investment grade.
Performance
PYFIX had a total return of 8.68% in the past year. Since the fund's inception, the average annual return has been 4.62%, including dividends.
Top 10 Holdings
20.61% of assets| Name | Symbol | Weight |
|---|---|---|
| Bond- Unsettled Sales | n/a | 6.91% |
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 4.58% |
| Us Dollar | n/a | 1.27% |
| Sandisk Corp Term Loan B | n/a | 1.20% |
| Albion Financing 3 Sarl Term Loan B | n/a | 1.20% |
| Flynn Restaurant Group Term Loan B | n/a | 1.19% |
| Frontier Communications Term Loan B | n/a | 1.08% |
| Fertitta Entertainment L Term Loan B | n/a | 1.08% |
| Athenahealth Group Inc Term Loan B | n/a | 1.06% |
| Tk Elevator Term Loan B | n/a | 1.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2025 | $0.0556 | Feb 27, 2025 |
| Jan 30, 2025 | $0.0576 | Jan 30, 2025 |
| Dec 30, 2024 | $0.0666 | Dec 30, 2024 |
| Nov 27, 2024 | $0.0622 | Nov 27, 2024 |
| Oct 30, 2024 | $0.0669 | Oct 30, 2024 |
| Sep 27, 2024 | $0.0707 | Sep 27, 2024 |