Payden Equity Income Fund (PYVLX)
| Fund Assets | 1.09B |
| Expense Ratio | 0.76% |
| Min. Investment | $100,000 |
| Turnover | 112.00% |
| Dividend (ttm) | 2.83 |
| Dividend Yield | 15.11% |
| Dividend Growth | -61.18% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 18.73 |
| YTD Return | 11.20% |
| 1-Year Return | 18.79% |
| 5-Year Return | 47.95% |
| 52-Week Low | 16.57 |
| 52-Week High | 18.73 |
| Beta (5Y) | 0.79 |
| Holdings | 88 |
| Inception Date | Nov 1, 1996 |
About PYVLX
The Payden Equity Income Fund Investor Class is a mutual fund focused on delivering both current income and equity market participation. It primarily invests in large-capitalization common stocks known for above-average dividend yields, supplementing its portfolio with other income-producing securities such as preferred stocks, master limited partnerships (MLPs), and real estate investment trusts (REITs). This strategy is designed to appeal to investors who seek steady income streams alongside moderate exposure to equity markets, emphasizing large-cap value companies with solid fundamentals and anticipated earnings and dividend growth. The fund’s approach includes diversification across a variety of sectors and security types, aiming to achieve lower volatility and favorable risk-adjusted returns in comparison to broader market benchmarks such as the Russell 1000 Value Index. Established in 1996, the Payden Equity Income Fund has a legacy of targeting companies with financial strength and disciplined capital allocation. Its management team focuses on risk awareness while pursuing income generation, making the fund a notable option for those valuing income and stability within the equity spectrum.
Performance
PYVLX had a total return of 18.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.22%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWNAX | Vanguard | Vanguard Windsor II Admiral | 0.24% |
Top 10 Holdings
25.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Alphabet Inc. | GOOGL | 4.63% |
| JPMorgan Chase & Co. | JPM | 3.05% |
| Amazon.com, Inc. | AMZN | 2.85% |
| Morgan Stanley | MS | 2.56% |
| Analog Devices, Inc. | ADI | 2.37% |
| Cisco Systems, Inc. | CSCO | 2.17% |
| Microsoft Corporation | MSFT | 2.17% |
| Duke Energy Corporation | DUK | 2.08% |
| Merck & Co., Inc. | MRK | 1.93% |
| Energy Transfer LP | ET | 1.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.0521 | Jun 29, 2026 |
| Mar 30, 2026 | $0.0678 | Mar 30, 2026 |
| Dec 30, 2025 | $0.0484 | Dec 30, 2025 |
| Dec 23, 2025 | $0.8756 | Dec 23, 2025 |
| Sep 29, 2025 | $0.0577 | Sep 29, 2025 |
| Jun 27, 2025 | $0.0527 | Jun 27, 2025 |