Payden Floating Rate Fund Investor Class (PYFRX)
| Fund Assets | 111.49M |
| Expense Ratio | 0.71% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.81 |
| Dividend Yield | 8.40% |
| Dividend Growth | -5.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 9.65 |
| YTD Return | 2.93% |
| 1-Year Return | 7.36% |
| 5-Year Return | 40.24% |
| 52-Week Low | 9.41 |
| 52-Week High | 9.86 |
| Beta (5Y) | 0.13 |
| Holdings | 156 |
| Inception Date | Nov 11, 2013 |
About PYFRX
The Fund's investment strategy focuses on Loan Participation with 0.75% total expense ratio. The minimum amount to invest in Payden & Rygel Investment Group: Payden Floating Rate Fund; Investor Class Shares is $5,000 on a standard taxable account. Payden & Rygel Investment Group: Payden Floating Rate Fund; Investor Class Shares seeks high levels of current income, with long-term capital appreciation as a second objective. PYFRX 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
PYFRX had a total return of 7.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.50%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Top 10 Holdings
15.40% of assets| Name | Symbol | Weight |
|---|---|---|
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 5.03% |
| PetSmart LLC | PETM.L 02.14.28 1 | 1.44% |
| Pitney Bowes Inc - PITNEY BOWE 01/31/32 | PBI.L 03.19.32 6 | 1.19% |
| Albion Financing 3 SARL - AGGREKO HOLDINGS INC | AGKLN.L 08.02.29 12 | 1.16% |
| Quikrete Holdings Inc - QUIKRETE HOLDING 01/30/32 | QUIKHO.L 02.10.32 13 | 1.16% |
| Flynn Restaurant Group LP | FLYRES.L 12.04.28 4 | 1.16% |
| Sandisk Corporation - SANDISK CORP | n/a | 1.15% |
| Frontier Communications Holdings, LLC - FRONTIER COMMUNICATIONS | FYBR.L 07.01.31 7 | 1.04% |
| ATHENAHEALTH GROUP INC | ATHENA.L 02.15.29 7 | 1.03% |
| FERTITTA ENTERTAINMENT LLC/NV | NUGGET.L 01.29.29 4 | 1.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.058 | Jun 27, 2025 |
| May 29, 2025 | $0.063 | May 29, 2025 |
| Apr 29, 2025 | $0.0633 | Apr 29, 2025 |
| Mar 28, 2025 | $0.0829 | Mar 28, 2025 |
| Feb 27, 2025 | $0.0547 | Feb 27, 2025 |
| Jan 30, 2025 | $0.0569 | Jan 30, 2025 |