Payden Floating Rate Fund SI Class (PYFIX)
| Fund Assets | 132.90M |
| Expense Ratio | 0.61% |
| Min. Investment | $50,000,000 |
| Turnover | 86.00% |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 7.63% |
| Dividend Growth | -14.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 9.59 |
| YTD Return | -0.09% |
| 1-Year Return | 5.89% |
| 5-Year Return | 35.50% |
| 52-Week Low | 8.86 |
| 52-Week High | 9.64 |
| Beta (5Y) | n/a |
| Holdings | 168 |
| Inception Date | Nov 11, 2013 |
About PYFIX
Payden Floating Rate Fund SI Class is an actively managed mutual fund focused on **floating-rate debt instruments**. Its primary objective is to seek a **high level of current income**, with **long-term capital appreciation** as a secondary goal. The fund typically invests a substantial portion of its assets in **senior secured loans and other floating-rate loans**, often issued by corporate borrowers with credit quality that may be below investment grade, providing exposure to the leveraged loan market. Because the coupons on these instruments adjust periodically with short-term interest rate benchmarks, the fund’s income profile and price behavior tend to be less sensitive to traditional interest rate risk than fixed-rate bond funds. Payden Floating Rate Fund SI Class plays a role in the broader credit markets by supplying financing to a diversified set of corporate issuers across industries, while aiming to offer investors access to floating-rate credit exposure and the associated income stream.
Performance
PYFIX had a total return of 5.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.89%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 29, 2026 | $0.0515 | Jan 29, 2026 |
| Dec 30, 2025 | $0.0575 | Dec 30, 2025 |
| Nov 26, 2025 | $0.0573 | Nov 26, 2025 |
| Oct 30, 2025 | $0.064 | Oct 30, 2025 |
| Sep 29, 2025 | $0.0539 | Sep 29, 2025 |
| Aug 28, 2025 | $0.0614 | Aug 28, 2025 |