Payden Floating Rate Investor (PYFRX)
| Fund Assets | 111.49M |
| Expense Ratio | 0.71% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.76 |
| Dividend Yield | 7.88% |
| Dividend Growth | -13.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 9.70 |
| YTD Return | 4.54% |
| 1-Year Return | 7.39% |
| 5-Year Return | 37.90% |
| 52-Week Low | 9.41 |
| 52-Week High | 9.84 |
| Beta (5Y) | 0.13 |
| Holdings | 180 |
| 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 7.39% 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
19.78% of assets| Name | Symbol | Weight |
|---|---|---|
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 10.39% |
| Pitney Bowes Inc Term Loan B | n/a | 1.12% |
| Quikrete Holdings Inc Term Loan B3 | n/a | 1.10% |
| Flynn Restaurant Group Term Loan B | n/a | 1.09% |
| Aggreko Holdings Inc Term Loan B | n/a | 1.09% |
| Sandisk Corp Term Loan B | n/a | 1.07% |
| Fertitta Entertainment L Term Loan B | n/a | 0.98% |
| Davita Inc Term Loan B1 | n/a | 0.98% |
| Frontier Communications Term Loan B | n/a | 0.98% |
| Athenahealth Group Inc Term Loan B | n/a | 0.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Apr 29, 2025 | $0.0633 | Apr 29, 2025 |
| Mar 28, 2025 | $0.0829 | Mar 28, 2025 |