Payden Limited Maturity Fund (PYLMX)
| Fund Assets | 2.17B |
| Expense Ratio | 0.30% |
| Min. Investment | $5,000 |
| Turnover | 60.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.53% |
| Dividend Growth | -17.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.53 |
| YTD Return | 1.02% |
| 1-Year Return | 4.73% |
| 5-Year Return | 19.45% |
| 52-Week Low | 9.52 |
| 52-Week High | 9.57 |
| Beta (5Y) | n/a |
| Holdings | 528 |
| Inception Date | May 1, 1994 |
About PYLMX
Payden Limited Maturity Fund is an open‑end ultrashort bond mutual fund focused on generating total return above prevailing money market rates while preserving liquidity. The strategy invests primarily in high‑quality, short‑term fixed income, including U.S. government securities, investment‑grade corporate bonds, and mortgage‑ and asset‑backed securities, with a maximum average portfolio maturity of two and one‑half years. The fund emphasizes investment‑grade exposure, with the flexibility to hold a small allocation to lower‑rated issues, and targets minimal interest‑rate sensitivity consistent with the ultrashort category. It distributes income on a monthly basis and tracks the ICE BofA U.S. 3‑Month Treasury Bill Index as a performance benchmark for context. Since its 1994 inception, the fund has been positioned for investors seeking a step up from cash yields while maintaining a relatively low duration profile and broad diversification across sectors and issuers. Its cost structure is designed to be competitive within the ultrashort peer group, and the portfolio often includes U.S. Treasury bills and other high‑quality instruments to support liquidity and stability.
Performance
PYLMX had a total return of 4.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.85%.
Top 10 Holdings
17.39% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 3.7758% | B.0 03.24.26 | 3.07% |
| United States Treasury Bills 3.57438% | B.0 04.14.26 | 3.01% |
| United States Treasury Bills 3.6357% | WIB.0 06.04.26 | 2.31% |
| United States Treasury Notes 3.5% | T.3.5 02.15.29 | 1.96% |
| Sysco Corporation 3.71038% | n/a | 1.86% |
| United States Treasury Bills 3.58382% | B.0 04.02.26 | 1.39% |
| Payden Floating Rate SI | n/a | 1.21% |
| United States Treasury Notes 3.5% | T.3.5 01.15.29 | 1.02% |
| United States Treasury Bills 3.58637% | WIB.0 07.23.26 | 0.92% |
| United States Treasury Bills 3.63648% | B.0 03.03.26 | 0.65% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.03419 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03472 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0322 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03577 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03772 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03604 | Nov 28, 2025 |