Morningstar

Payden Corporate Bond SI PYCTX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 9.97  /  −0.60 %
  • Total Assets 383.4 Mil
  • Adj. Expense Ratio
    0.560%
  • Expense Ratio 0.560%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 10.0 Mil
  • Status Open
  • TTM Yield 4.37%
  • Effective Duration 7.11 years

USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 1:13 AM GMT+0

Morningstar’s Analysis PYCTX

Will PYCTX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PYCTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PYCTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PYCTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Payden Corporate Bond SI's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings PYCTX

More PYCTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Dec 24

4.63 18.0 Mil
Government

10 Year Treasury Note Future Dec 24

3.79 14.7 Mil
Government

US Treasury Bond Future Dec 24

2.46 9.6 Mil
Government

2 Year Treasury Note Future Dec 24

2.46 9.6 Mil
Government

Payden Cash Reserves Money Market

1.73 6.7 Mil
Cash and Equivalents

Payden Emerging Markets Corp Bd SI

1.34 5.2 Mil
—

Other- Interest Receivable

1.26 4.9 Mil
Cash and Equivalents

Us Dollar

1.02 4.0 Mil
Cash and Equivalents

FS KKR Capital Corp 4.25%

0.96 3.7 Mil
Corporate

Nissan Motor Co Ltd. 4.345%

0.82 3.2 Mil
Corporate

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