At A Glance
You hold PYFRX.O in 0 portfolios
Payden Floating Rate Fund (PYFRX.O)
Net Asset Value
9.31USD
-0.01 -0.11%
07/01/2022
Category
General DomesticYTD Return (Cumulative)
-4.21%Classification
Loan Participation5 Year Return (Annualized)
2.69%Lipper Index
Lipper Loan Part Fd IXLipper Leader Profile (Overall)
Total Return
Consistent Return
Capital Preservation
Low Expense
Tax Efficiency(U.S. only)
The Growth of $10,000 chart includes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales or redemption charges which would lower these figures.
Fund Profile
| Fund Family | Payden & Rygel |
|---|---|
| Inception Date | 11/11/2013 |
| Portfolio Turnover | 40% |
| Dividend Yield | -- |
| Fund Manager | Team Managed |
| Manager Tenure | -- |
Payden & Rygel
333 South Grand Avenue
Los Angeles, CA 90071
Fees, Expenses, & Minimums
| Load Type | No load |
|---|---|
| Total Expense Ratio | 0.70% |
| Max 12b-1 Fee Ratio | -- |
| Early Redemption Fee | 0.00% |
| Initial Investment | $5,000 |
| Subsequent Investments | $250 |
| Initial IRA Investments | -- |
| Subsequent IRA Investments | -- |
Investment Strategy
The Fund seeks high levels of current income, with long-term capital appreciation as a second objective. The Fund 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.
Overall Lipper Leaders Ratings & Fund Profile »
| Similar Rating/ Category | ||
|---|---|---|
| Total Return | 227 | |
| Consistent Return | 227 | |
| Capital Preservation | 6254 | |
| Low Expense | 58 | |
| Tax Efficiency (U.S. only) | 227 |
About the ratings...
Total Return reflects the fund's historical total return performance relative to its peers. Consistent Return reflects the funds's historical risk-adjusted returns relative to its peers. The Capital Preservation is relative, rather that absolute...More »
Lipper Leaders.comAbout the ratings
Lipper Ratings for Total Return reflect funds' historical total return performance relative to peers. Lipper Ratings for Consistent Return reflect funds' historical risk-adjusted returns relative to peers. Lipper Ratings for Preservation are relative, rather than absolute. Lipper Ratings for Tax Efficiency reflect funds' historical ability to postpone taxable distributions. Lipper Ratings for Expense reflect funds' expense minimization relative to peers. Lipper Ratings DO NOT take into account the effects of sales charges. Overall Lipper Ratings are based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable).
