Payden Low Duration Adviser (PYLWX)
| Fund Assets | 807.79M |
| Expense Ratio | 0.68% |
| Min. Investment | $10,000,000 |
| Turnover | 63.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.80% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.90 |
| YTD Return | 2.00% |
| 1-Year Return | 2.24% |
| 5-Year Return | n/a |
| 52-Week Low | 9.74 |
| 52-Week High | 9.91 |
| Beta (5Y) | n/a |
| Holdings | 248 |
| Inception Date | n/a |
About PYLWX
Payden Low Duration Fund – Adviser Class is an actively managed short‑term bond mutual fund designed to seek income and capital appreciation while limiting interest‑rate sensitivity relative to intermediate‑term bond strategies. The portfolio primarily invests across U.S. government securities, investment‑grade and high‑yield corporate bonds, and mortgage‑ and asset‑backed securities, with a policy to hold at least 75% in investment‑grade issues and to keep a dollar‑weighted average maturity capped at four years under normal conditions. The strategy employs active management of duration, yield curve positioning, and selective currency exposure to balance income generation with risk control. Benchmarked to the ICE BofA 1–3 Year U.S. Treasury Index, the fund targets a higher return profile than cash alternatives while maintaining liquidity and relatively low volatility for the short‑term bond category. Adviser Class shares feature a comparatively low minimum initial investment and no front‑end sales load, aligning the vehicle for clients seeking a core low‑duration fixed income allocation with prudent credit diversification and disciplined risk management.
Performance
PYLWX had a total return of 2.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.92%.
Top 10 Holdings
36.03% of assets| Name | Symbol | Weight |
|---|---|---|
| US TREASURY N/B - United States Treasury Note/Bond | T.4.375 08.15.26 | 10.04% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.5 09.30.26 | 7.98% |
| US TREASURY N/B - United States Treasury Note/Bond | n/a | 4.81% |
| US TREASURY N/B - United States Treasury Note/Bond | T.4.25 12.31.26 | 3.55% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.375 09.15.27 | 3.05% |
| ESSENTIAL UTILITIES INC | n/a | 1.87% |
| Fannie Mae - CAS - Fannie Mae Connecticut Avenue Securities | n/a | 1.41% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.875 03.31.27 | 1.31% |
| TEXAS NATURAL GAS SECURITIZTN - Texas Natural Gas Securitization Finance Corp | TX.TNGUTL 5.1 04.01.2035 | 1.02% |
| US TREASURY N/B - United States Treasury Note/Bond | T.4.125 10.31.26 | 1.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02791 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02799 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02716 | Jun 30, 2025 |
| May 30, 2025 | $0.03179 | May 30, 2025 |
| Apr 30, 2025 | $0.03098 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03291 | Mar 31, 2025 |