Payden Floating Rate Investor (PYFRX)
| Fund Assets | 111.49M |
| Expense Ratio | 0.71% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.74 |
| Dividend Yield | 7.72% |
| Dividend Growth | -14.94% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 30, 2025 |
| Previous Close | 9.62 |
| YTD Return | 5.15% |
| 1-Year Return | 6.63% |
| 5-Year Return | 39.48% |
| 52-Week Low | 9.41 |
| 52-Week High | 9.84 |
| Beta (5Y) | 0.12 |
| Holdings | 177 |
| 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 6.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.56%.
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 Hi Inc | n/a |
Top 10 Holdings
19.46% of assets| Name | Symbol | Weight |
|---|---|---|
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 10.72% |
| Pitney Bowes Inc - PITNEY BOWE 01/31/32 | PBI.L 03.19.32 6 | 1.07% |
| Quikrete Holdings Inc - QUIKRETE HOLDING 01/30/32 | n/a | 1.05% |
| Flynn Restaurant Group LP | FLYRES.L 12.04.28 4 | 1.03% |
| Sandisk Corporation - SANDISK CORP | n/a | 1.01% |
| Fertitta Entertainment LLC - FERTITTA ENTERTAINMENT L | NUGGET.L 01.29.29 12 | 0.93% |
| Frontier Communications Holdings, LLC - FRONTIER COMMUNICATIONS | n/a | 0.93% |
| ATHENAHEALTH GROUP INC | n/a | 0.92% |
| TK Elevator Midco Gmbh - TK ELEVATOR US NEWCO INC | n/a | 0.89% |
| LEIA FINCO US LLC | DARKLN.L 10.12.32 1A | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 30, 2025 | $0.0607 | Oct 30, 2025 |
| Sep 29, 2025 | $0.0555 | Sep 29, 2025 |
| Aug 28, 2025 | $0.0607 | Aug 28, 2025 |
| Jul 30, 2025 | $0.0598 | Jul 30, 2025 |
| Jun 27, 2025 | $0.058 | Jun 27, 2025 |
| May 29, 2025 | $0.063 | May 29, 2025 |