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Trending ETFs

Payden Strategic Income Fund

mutual fund
PYSLX
Payout Change
Pending
Price as of:
$9.66 -0.02 -0.21%
primary theme
N/A
PYSLX (Mutual Fund)

Payden Strategic Income Fund

Payout Change
Pending
Price as of:
$9.66 -0.02 -0.21%
primary theme
N/A
PYSLX (Mutual Fund)

Payden Strategic Income Fund

Payout Change
Pending
Price as of:
$9.66 -0.02 -0.21%
primary theme
N/A

Name

As of 10/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.66

$181 M

4.69%

$0.45

1.12%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$181 M

Holdings in Top 10

19.1%

52 WEEK LOW AND HIGH

$9.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.12%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.66

$181 M

4.69%

$0.45

1.12%

PYSLX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 4.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Payden Strategic Income Fund
  • Fund Family Name
    N/A
  • Inception Date
    May 08, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

ª
The Fund invests in a wide variety of securities across many asset classes in an unconstrained fashion. It seeks opportunities by employing a flexible approach that evaluates security attractiveness on a global basis and across currencies.
ª
The Fund will invest in income-producing securities and equity related securities payable in U.S. dollars and other currencies. These include (1) debt securities issued or guaranteed by the U.S. Government, and foreign governments and their agencies and instrumentalities, political subdivisions of foreign governments (such as provinces and municipalities), and supranational organizations (such as the World Bank); (2) debt securities, loans and commercial paper issued by U.S. and foreign companies; (3) U.S. and foreign mortgage-backed and asset-backed debt securities; (4) municipal securities, which are debt obligations issued by state and local governments, territories and possessions of the United States, regional governmental authorities, and their agencies and instrumentalities, the interest on which may, or may not, be exempt from Federal income tax; (5) convertible bonds and preferred stock; and (6) equity securities and equity related securities such as common stock and master limited partnerships.
ª
To gain exposure to various markets consistent with the investment strategies of the Fund, the Fund may invest in exchange-traded funds (“ETFs”) and other investment companies, including for example, other open-end or closed-end investment companies, and including investment companies for which the Adviser provides investment management services (affiliated funds).
ª
The Fund will invest in both developed and emerging markets.
ª
The Fund invests in both investment grade debt securities and securities rated below investment grade. Investment grade debt securities are rated within the four highest grades by at least one Nationally Recognized Statistical Rating Organization, or are securities that the Fund’s adviser, Payden & Rygel (“Payden”), determines to be of comparable quality.
ª
In evaluating preferred stocks, convertible bonds, equity securities and equity-related securities such as common equity and master limited partnerships, Payden seeks instruments consistent with the income generating focus of the Fund.
ª
The Fund may invest in many different types of derivatives, such as futures, forwards, swaps and options. These positions may be used for the purposes of either hedging currency exposure in the portfolio or to obtain exposure to various market sectors. Currency positions may be employed for the purposes of hedging non-dollar denominated bonds or to take an active position in a currency, both long or short.
ª
The Fund invests in debt securities of any maturity, and there is no limit on the Fund’s minimum or maximum average portfolio maturity. Maturity is the date when each bond or other debt security pays back its principal. There may be circumstances when the duration of the Fund is negative to protect against rising interest rates. Duration is an analytic measure of the Fund’s sensitivity to interest rate movements.
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PYSLX - Performance

Return Ranking - Trailing

Period PYSLX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period PYSLX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period PYSLX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period PYSLX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History


PYSLX - Holdings

Concentration Analysis

PYSLX Category Low Category High PYSLX % Rank
Net Assets 181 M N/A N/A N/A
Number of Holdings 307 N/A N/A N/A
Net Assets in Top 10 34.8 M N/A N/A N/A
Weighting of Top 10 19.13% N/A N/A N/A

Top 10 Holdings

  1. Payden Cash Reserves Money Market Fund 4.67%
  2. United States Treasury Inflation Indexed Bonds 2.89%
  3. United States Treasury Note/Bond - When Issued 1.95%
  4. United States Treasury Note/Bond 1.74%
  5. United States Treasury Note/Bond 1.73%
  6. United States Treasury Inflation Indexed Bonds 1.54%
  7. United States Treasury Note/Bond 1.28%
  8. Fannie Mae Pool 1.26%
  9. United States Treasury Note/Bond 1.04%
  10. Fannie Mae Pool 1.03%

Asset Allocation

Weighting Return Low Return High PYSLX % Rank
Bonds
88.77% N/A N/A N/A
Cash
4.67% N/A N/A N/A
Other
4.08% N/A N/A N/A
Stocks
1.96% N/A N/A N/A
Preferred Stocks
0.57% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High PYSLX % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High PYSLX % Rank
US
1.96% N/A N/A N/A
Non US
0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High PYSLX % Rank
Cash & Equivalents
4.67% N/A N/A N/A
Securitized
0.00% N/A N/A N/A
Corporate
0.00% N/A N/A N/A
Municipal
0.00% N/A N/A N/A
Government
0.00% N/A N/A N/A
Derivative
-0.44% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High PYSLX % Rank
US
84.76% N/A N/A N/A
Non US
4.01% N/A N/A N/A

PYSLX - Expenses

Operational Fees

PYSLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.12% N/A N/A N/A
Management Fee 0.55% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

PYSLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

PYSLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PYSLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

PYSLX - Distributions

Dividend Yield Analysis

PYSLX Category Low Category High PYSLX % Rank
Dividend Yield 4.69% N/A N/A N/A

Dividend Distribution Analysis

PYSLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

PYSLX Category Low Category High PYSLX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

PYSLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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PYSLX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A