Payden Low Duration SI (PYLDX)
| Fund Assets | 810.52M |
| Expense Ratio | 0.38% |
| Min. Investment | $10,000,000 |
| Turnover | 63.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.37% |
| Dividend Growth | 4.79% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.89 |
| YTD Return | 2.05% |
| 1-Year Return | 2.66% |
| 5-Year Return | n/a |
| 52-Week Low | 9.74 |
| 52-Week High | 9.91 |
| Beta (5Y) | n/a |
| Holdings | 236 |
| Inception Date | Feb 28, 2022 |
About PYLDX
Payden Low Duration Fund SI Class is an actively managed short-term bond mutual fund designed to deliver income and capital appreciation while limiting interest-rate sensitivity. The strategy invests broadly across U.S. dollar–denominated fixed income, emphasizing a minimum of 75% in investment‑grade securities while permitting up to a quarter in below‑investment‑grade bonds to enhance yield within a controlled risk budget. Core exposures span U.S. Treasuries, agencies, investment‑grade corporates, selective high yield, and securitized assets such as mortgage‑ and asset‑backed securities, complemented by futures for duration and curve positioning. The fund targets a low overall duration to mitigate price volatility versus longer‑maturity bond funds and uses the ICE BofA 1–3 Year U.S. Treasury Index as a benchmark reference point. Positioned within the short‑term bond category, it serves institutions seeking high average credit quality and liquidity-aware construction, with systematic risk management and monthly income distributions supporting cash management and core fixed‑income allocation needs.
Performance
PYLDX had a total return of 2.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.52%.
Top 10 Holdings
32.68% of assets| Name | Symbol | Weight |
|---|---|---|
| US TREASURY N/B - United States Treasury Note/Bond | T.3.5 09.30.26 | 8.75% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.75 06.30.27 | 6.05% |
| US TREASURY N/B - United States Treasury Note/Bond | T.4.25 12.31.26 | 4.02% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.875 06.15.28 | 3.94% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.75 05.15.28 | 3.48% |
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 1.87% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.375 09.15.27 | 1.51% |
| TEXAS NATURAL GAS SECURITIZTN - Texas Natural Gas Securitization Finance Corp | n/a | 1.16% |
| Capital Automotive Reit - CARS-DB5 LP | CAUTO.2021-1A A1 | 1.00% |
| Fannie Mae - CAS - Connecticut Avenue Securities Trust 2021-R02 | CAS.2021-R02 2M2 | 0.92% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03515 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03603 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03658 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03595 | Jun 30, 2025 |
| May 30, 2025 | $0.03737 | May 30, 2025 |
| Apr 30, 2025 | $0.03586 | Apr 30, 2025 |